As Trump prepares for his second term, the global economic landscape has drastically shifted, influenced by a pandemic, a trade war with China, and ongoing geopolitical tensions.
China's economy, once reliant on double-digit growth, is transitioning and facing challenges, with official growth figures showing a stark slowdown from the 6.7% recorded in 2016.
Experts warn that despite a reported 5% growth for 2024, the reality may be much grimmer, with estimates suggesting actual growth could be as low as 2.4%.
China's significant trade surplus of nearly $1 trillion in the past year reflects the country's reliance on exports amidst declining domestic demand and a weaker economy.
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