Deep troubles of China

Recently China has been in a lot of trouble, so analysts started to call this slowdown of China's economy "The end of CCP" or "China's Economic breakdown" etc. 

Problems in China:  

1) The Zero-Covid Policy -  CCP initiated the policy to slow the spread of Covid-19, but even too strict actions for the whole world have been a bit too harsh on the humongous economy. The factories shut down and global exports stopped. Add to it the global shortage of chips, adding fuel to the fire.

2) The Banking Crisis - The banks in China work on the Fractional Reserve Banking methods. For this system to work, trust between the banker and the customer should be maximum. But this trust would soon break apart as the Banks in Henan, China, invested the depositors' cash in riskier schemes before covid and lost their money subsequently. Now as the banks stopped people from taking their money out by closing down their branches/ATMs and online services, the people in frenzy started to withdraw all their money in a single go.  But as so much money is not available in the banks' hands, the money could not be withdrawn and this has started widespread protests, military lockdowns and harsh mentalities from rural to urban areas.

3) The Deep-Mortgage Loans - This problem is worth 148 Billion USD. And who is it to blame? The above two reasons. The sector of the economy which accounts for about 1/3rd of the economy of China is now one of its slowest growing sectors (0.4% growth last year). The lockdowns resulted in thousands of common people with jobs getting unemployed, adding to not having access to their life savings in bank accounts which are now closed off. This resulted in widespread defaulting all across China and the start of the economic troubles which lie ahead.

4) Military Troubles - The recent tensions over Taiwan are not uncommon to be heard. Such a war could have easily retailed against china, as due to the blocking of an extremely important trade route, almost all of the exports of China. Moreover, the slowing economy of Honk-Kong too is adding pressure to the CCP.

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