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World faces full-blown recession if China economy collapses: Expert



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221016113539 screengrab china property hp video World faces full-blown recession if China economy collapses: Expert

China’s economy is in terrible shape. Unemployment is skyrocketing, the housing market is collapsing, and growth is stalling. Constant covid lockdowns are dragging on virtually every part of the country’s economy. Swathes of the population are struggling to make ends meet. CNN’s Selina Wang speaks to people who aren’t seeing the economic benefits Xi has pledged under his rule.



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Sophia

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