1. China's Economic Slowdown
... is not sustainable. The crumbling housing sector which takes almost 30 percent of China GDP has major effects on Chinese citizen who have poured there resource into real estate investments [ CITATION Pei15 l 1033 ]. Furthermore, housing sector slowdown will result in loan default from developers who can no longer service their bank loans. The fourth reason global slowdown. Manufacturing sector ... steel and iron has also affected China economic performance. China is the world largest producer of steel and with declining automobile and construction sector has affected China exportation ...
- Word Count: 2232
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate