Quote from: MFahad on September 05, 2023, 05:21:27 PM

First of all China is a producing countries and many other countries are dependent on China for the purpose of importing useful material so this is the main reason that economy of China is high.

The people of China are creative so whenever hard situations arises there they does not depends on others but work for the development of equipment's that are suitable for handling such situations.

There are lots of electronic material which other countries imports from China which increases its economy so its clear that if people of a country are creative and larger import they make then the economy of that country will be increasing.

Certainly, China has established itself as a global manufacturing powerhouse, producing wide range of products for the whole world, in short it is known as "the factory of the world" capable of manufacture everything from consumable goods to ight and heavy machinery for agriculture and industrial use.

However, economy of China is slowing down due to deflationary pressures, in particular the real estate sector is facing liquidity challenges, and real estate giant company like Evergrande has filed bankruptcy.