The Chinese Debt Crisis Why China is Going Bankrupt

China’s International Debt Crisis: Why China is Going Bankrupt

Why is China going bankrupt?
Is it because of their harsh zero-Covid strategy? Or declining global demand?
With a global recession in the making and the war in Ukraine causing such chaos, investors are hesitant to make investments, industrial output is minimal, and economic activity is at a standstill.
Countries like China, which are still struggling to stop Covid, are running out of money, and the slowdown in the economy has almost driven the nation into bankruptcy.
Now, the world’s greatest government creditor to the developing nations faces the possibility of ending up in the same state.

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