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Chinese coast guard hold knives and machetes as they approach Philippine troops on a resupply mission in the Second Thomas Shoal in the disputed South China Sea on June 17, 2024. Armed Forces of the Philippines via AP
At this point, China’s declining economic situation is well documented. The damage is too large to cover up with propaganda, and the Chinese people know it. Even the Chinese Communist Party’s (CCP) 75th anniversary was austere. Negative economic factors have been building for years.
