CCP Says Economy in Recovery; Economist Calls It a ‘Zombie Economy’
‘There is no way to prevent the economy from continuing to decline,’ one economist said.
An employee looks on at steel rolls at a factory in Nantong in China's eastern Jiangsu province on March 1, 2022. - China OUT (Photo by AFP) / China OUT Photo by STR/AFP via Getty Images
Newly released official data from the Chinese communist regime’s National Bureau of Statistics for the month of May have revealed that China’s industrial growth rate has slowed, and that investments in infrastructure, manufacturing, and real estate fell across the board from January to May.
Alex Wu
Author
Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
