Foreign capital is accelerating its withdrawal, a large number of small and medium-sized enterprises are closing down, the unemployment rate of young people is high, the real estate bubble has burst, and the local government’s finances are on the brink of collapse… This series of problems, like a nightmare, envelops the land of China. Although there are factors of global economic downturn, the main reason for all of this is the Chinese Communist Party’s three-year strict execution of its zero-COVID policy
