4 signs that China’s economy is Beijing’s biggest internal enemy
4 signs that China’s economy is Beijing’s biggest internal enemy
Udumbara
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4 signs that China’s economy is Beijing’s biggest internal enemy
The CCP worries about China’s economy for a different reason. Xi Jinping is concerned about preventing the economy from crashing to maintain stability. Despite optimistic projections by the IMF and the World Bank, China’s economy is in trouble. Official Chinese economic data may not show it, but signs tell us Beijing will run out of money soon.
-Local Governments going bankrupt
-Declining Exports
-Unemployment
-Domestic consumption of vehicles
