Letters to the Editor
October 26, 2022
Has the Chinese economy reached the point of no return? Crunch time in China trying to fend off a recession.The United States has been in a recession since February 2022, helping to cause a global recession that includes China. As a matter of fact,the Chinese are experiencing a near collapse. Because of the constant lock downs in China caused by Covid-19 virus and a shrinking Wal-Mart trade, the nation has been painfully sliding into being a needy nation. The last lock down in China was in May 2022 in Shanghai. GDP growth has slowed down to 2-3% from 6% in 2019. Wal-Mart plays a major role...
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