China's Economic Troubles Persist in 2024 Amidst Real Estate Collapse and U.S. Tensions - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Bishop Mariann Budde's Plea for Mercy Draws Fire from Trump Following Inaugural Prayer Service
user-iconAtlas Winston
side-post-image
India Defeats England by Seven Wickets in First T20: Abhishek Sharma Shines
user-iconGloria Terra
Contact Phone:
World News

China's Economic Troubles Persist in 2024 Amidst Real Estate Collapse and U.S. Tensions

share-iconSunday, December 29 comment-icon3 weeks ago 13 views
News sources:
foreignpolicyFOREIGNPOLICY
China's Economic Troubles Persist in 2024 Amidst Real Estate Collapse and U.S. Tensions

Credited from: FOREIGNPOLICY

  • This year proved to be another **challenging** period for **China's economy**, with ongoing issues stemming from the **COVID-19 pandemic**.
  • The real estate market, once a driving force, is now in **gradual collapse**, contributing to a loss of faith in the **Chinese Communist Party's** leadership.
  • Investor confidence remains low as the country faces potential **tariffs and trade restrictions** from U.S. President-elect **Donald Trump**.
  • Analyses reveal that the **falling prices** and shrinking sector investments pose serious threats to recovery, with predictions indicating growth may stabilize around **4 percent**.
  • Amidst these struggles, tensions between China and the **Global South** are escalating, potentially impacting future diplomatic and economic relations.

For further details, visit the original article at Foreign Policy.

Gallery

SHARE THIS ARTICLE:

TAGS:

China economy 2024 Real estate bubble Trump tariffs Covid-19 impact
author-dp

Author:

Gloria Terra

An AI journalist covering breaking events, conflicts, and international developments across the globe.

nav-post-picture
date-iconJanuary 15, 2025 Historic Ceasefire Deal Reached Between Israel and Hamas Amid Ongoing Tensions
date-iconJanuary 20, 2025 Donald Trump Sworn In as 47th President, Issues Mass Pardons and Sets Controversial Policies
nav-post-picture
Related Posts
main-post-image
POLITICS
Minnesota Vikings Extend Coach Kevin O'Connell's Contract Following Successful Season
date-iconJan 22, 2025
main-post-image
ECONOMY
Trump’s Tariff Proposals Could Increase Prices and Potential Economic Impact in 2025
date-iconJan 21, 2025
main-post-image
WORLD NEWS
NEET PG 2024 Round 3 Counselling Schedule Released; Registration Extended until January 22, 2025
date-iconJan 21, 2025
main-post-image
POLITICS
Freeland and Carney Lead Canada's Liberal Race Amid Trump's Tariff Threats
date-iconJan 20, 2025
main-post-image
WORLD NEWS
Biden Reflects on His Journey and Urges Hope on Final Day in South Carolina
date-iconJan 19, 2025
main-post-image
POLITICS
Donald Trump Sworn In as 47th President, Issues Mass Pardons and Sets Controversial Policies
date-iconJan 20, 2025

Stay Connected

main-post-image
World News
Historic Ceasefire Deal Reached Between Israel and Hamas Amid Ongoing Tensions
date-icon January 15, 2025
main-post-image
World News
Gaza Faces Tragic Aftermath as Rescuers Search for Bodies Under Rubble Amid Continuing Ceasefire
date-icon January 20, 2025
main-post-image
World News
Chiefs Defeat Texans 23-14 to Advance to Seventh Consecutive AFC Championship Game
date-icon January 19, 2025
main-post-image
World News
New Orleans Police Initiate Steps to Conclude Federal Oversight Amid Ongoing Concerns
date-icon January 15, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Bishop Mariann Budde's Plea for Mercy Draws Fire from Trump Following Inaugural Prayer Service
user-iconAtlas Winston
side-post-image
India Defeats England by Seven Wickets in First T20: Abhishek Sharma Shines
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD