Growth Breakdown in China – The Chinese Economy Is Already Paying Dearly for Xi Jinping's Chaotic Management of COVID.
While it was expecting China to grow by 8.1% in 2023, the World Bank has revised its forecast downwards to 4.3%... And the wave of COVID could make things worse.
2022 was supposed to be a special year for Xi Jinping who was going to be confirmed for a third term at the 20th National Congress of the CCP in mid-October 2022. But if 2022 will remain a special year for China, it is not for this reason, but rather for the complete collapse of the Chinese economy due to the deplorable management of the COVID-19 pandem…
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