@ANuStart@lemm.ee to

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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@MidwayTheMagnificent@wayfarershaven.eu
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17•2 years ago
Betteridge’s Law of Headlines - I find it has near universal applicability.
- @exploding_whale@lemmy.ml
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  2•2 years ago
  Doubly so for any headline predicting a financial crisis of any sort.