China: Second-quarter GDP growth of 4.7%, missed expectations. Expansion below the 5.3% annual pace of growth in Q1. World’s No. 2 economy: Weak demand, reduced govt spending. CPEC in peril: China’s strategic assets in Pakistan turning into a liability. Pak involvement in CPEC – Impractical projects heavily reliant on foreign loans. The turmoil threatens to derail Xi’s ‘China dream’ and possibly drag him down with it.
#China #Beijing #XiJinping #Economy #Asia #Trade #Realty #Property #Tensions #Crisis #GDP #Growth #Demand #Spending #Government #CCP #CPEC #Pakistan #Islamabad #Loan #Geopolitics #Trends #Trending #Breaking #BreakingNews #News #WorldNews #InternationalAffairs #Viral
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