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RE: LeoThread 2025-02-24 17:51

in LeoFinance11 hours ago

Part 3/8:

As China seeks to maintain its economic growth targets amidst a sluggish infrastructure and construction boom, the government's heavy reliance on exports has begun to backfire. While initially focusing on simple raw materials, Chinese industries have expanded into high-tech markets, including commercial drones and electric vehicles. However, this shift towards high-tech exports has provoked cautious responses from other countries due to concerns over surveillance and data security. This has led to tariffs and bans from Western nations, complicating China’s ability to achieve its previous economic success through exports alone.