Regional bank confiscation and real estate disaster: the economic crisis China is trying to hide – News Release India


Source: newsrelease.in newsrelease.in

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Despite the Chinese dictatorship trying to hide it, the country is experiencing a serious economic and banking crisis. There is a strong conflict involving regional banks, with confiscated money and tanks at the doors of the branches, to prevent the entry of protesters who have been asking for three months to withdraw their savings from their accounts. At the same time, China is experiencing an unprecedented real estate crisis, which reinforces the instability arising from the Covid pandemic 19. This situation makes the country, which had a GDP growth of 8.1% in 2021, has a forecast of a timid growth...