China’s Q2 GDP growth slows sharply to 0.4%; its GDP growth is only 2.5% in the first half of this year. The world’s 2nd largest economy is about to collapse! Systemic and structural problems in China’s economy are emerging, while its zero COVID policy have accelerated the deterioration of the economy even more. China’s National Bureau of Statistics (NBS) released data on July 15 that showed a preliminary estimate of gross domestic product (GDP) of 56.264 trillion yuan in the first half of the year, up 2.5%
