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World News@lemmy.ml · 2 years ago

China's economy in crisis, on the brink of collapse?

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China's economy in crisis, on the brink of collapse?

ANuStart@lemm.ee to

World News@lemmy.ml · 2 years ago

China's unprecedented economic crisis worries the rest of the world

After years of exceptional growth built on local government and private-sector debt, the world's second-largest economy is facing the bursting of its real estate bubble and a severe slowdown.

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EnderWi99in@kbin.social
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2 years ago
How exactly is China going to take over our financial systems?
- zackwithak@lemm.ee
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  2 years ago
  Yeah I think I missed a step there

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