Write For Us

Is China's economy in serious trouble? | Counting the Cost

Sponsored Post Vitamin D2 Canada Persia
38 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
China was expected to experience a rip-roaring recovery after it lifted strict COVID-19 restrictions.

But almost a year after the measures ended, the Chinese economy seems to be stumbling.

Prices have fallen. Exports and imports have plummeted. Unemployment has risen. And the real estate crisis has deepened.

The sentiment is so bad that foreign investors fled the stock market last week.

The situation could get even worse after the nation's biggest property developer, Evergrande, was ordered to liquidate.

Tech giants are making big profits, but they are laying off thousands of workers.

Plus, poly-employment is on the rise.

Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile

@AljazeeraEnglish
#Aljazeeraenglish
#News
Category
World
Tags
Al Jazeera, Al Jazeera English, Al jazeera
Sign in or sign up to post comments.
Be the first to comment