China's color is white.. What has not happened in 25 years has happened..! IIT Chennai's start-up incident.. zomato CEO Deepinder Goyal is moved..! 3 hrs ago How did Vaibhav Taneja come to TESLA.. CFO position given by Elon Musk..! 4 hrs ago PepperFry founder ambareesh Murthy died of a heart attack after being tripped by a bike.. Tragedy in Leh..! 4 hrs ago paytm will get out of China's grip.. Vijay's shuffling decision..! China's situation in competing with the American economy is getting worse day by day. China's real estate, banking and financial situation have worsened, and every sector is facing extreme damage. This has greatly reduced the pace and volume of China's investment in the world. At the same time, due to the trade restrictions of the United States, many companies have left china, and the country's employment, production, domestic trade, and exports are all being severely affected. Chinese people are lamenting that the streets that were thronged with people 3 years ago are now getting windy. by TaboolaSponsored Links Coimbatore: Smart Beds Clearance Sale: Prices In mexico Might Surprise You Smart Beds In mexico | search Ads The Largest Passenger Jumbo Jet And First Ever 3 Decker Jet investing.com According to this, statistics have been released to show that China's export volumes and foreign investment volumes are suffering greatly. This raises the question of whether china is losing its position as the world's manufacturing engine. Recommended Video ITR Filing Last Date 2023: Deadline Miss But What Happens? | Oneindia tamil China's export volumes fell 14.5% in July 2023 compared to July last year, while imports fell 12.4%, china Customs data released on tuesday showed. Exports and imports at least indicate a decline in output and employment. Export volumes from china, the world's second-largest economy, are the worst since february 2020. This is mainly due to sluggish domestic and foreign demand. As a result, China's economy grew at a slower pace in the second quarter of the current fiscal year. To rectify this, the Politburo, the top executive body of the Chinese government, met last month to reassurance and affirm policy support. New foreign investment in china hit a 25-year low in the July quarter. These investments show how geopolitical tensions and sluggish economic growth can affect the economy. PepperFry founder ambareesh Murthy dies of heart attack after bike trip Foreign direct investment in china fell to just $4.9 billion in the April-June period. This is 87 percent less than the July quarter last year. china attracted the lowest amount of foreign investment in the July quarter this year in data up to 1998.
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