Economic condition of China.

The world's 2nd Largest Economy is still Contending from the setbacks in the COVID-19 pandemic, China has an second upper middle income, developing, mixed, socialist market economy incorporating industrial policies and strategic five-year plans. It is the world's second largest economy by nominal GDP, behind the United States,and the world's largest economy since 2016 when measured by purchasing power parity.

China's Economic Situation:-

The second world's largest economy is still contending from the setbacks of the COVID-19 pandemic, among other shocks, China weakness in the property sector and in global demand for China's exports import, high debt levels and wavering of consumer confidence level of China.

China economy condition 

China Economy is the largest in Manufacturing:-

China is the world's largest manufacturing economy and exporter of goods, It is also the world's fastest-growing consumer market of the economy second-largest importer of the goods .China is also the world's largest of the cunsumconsumer of numerous of China's commodities, and accounts for about half of global consumption of metals.China is a net importer of services products.It is the largest trading nation in the world and plays a prominent role in international trade.

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China's economy

China's Economic Situation

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