China's economic confidence plummets as domestic crises mount

Beijing [China], September 18 (ANI): For much of the past four decades, China's economy had seemed unstoppable, propelling the country to global superpower status. But today, the economy is beset by a series of crises, including a real estate crisis stemming from overbuilding and excessive borrowing, a burgeoning debt crisis, and record levels of youth unemployment, reported The New York Times (NYT).

In the midst of these