Leaked Reports Reveal Financial Crisis in China’s Dalian City

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China’s gross domestic product (GDP) numbers have long been questioned by the international community due to its lack of transparency. Data from recently leaked government internal documents from Dalian city of Liaoning Province reveal a grim picture of China’s economy amid the resurgence of COVID-19 in different regions since July.

While the global economy has declined sharply this year due to the COVID-19 pandemic, and most countries’ economies have had negative growth rates, China has reported a 3.2 percent rise in its GDP (Gross Domestic Product) in the second quarter, compared to the same period last year, according to its National Bureau of Statistics.

Alex Wu
Alex Wu
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Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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