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RE: LeoThread 2024-12-13 09:48

in LeoFinance3 days ago

Part 2/11:

The capital that previously fueled China's expansion is beginning to dwindle. The rising costs of energy, which powered its vast manufacturing base, are becoming burdensome. Additionally, an unfettered real estate sector that once stimulated growth is now facing significant headwinds. The current economic landscape starkly resembles the most challenging periods in China’s historic challenges, such as during the Great Leap Forward, which wrought widespread famine and devastation.