The economic crisis in China has led to a significant reduction in public servants’ salaries, widespread layoffs, and an increase in unemployment.

China’s lacklustre growth in the post-Covid period has weakened the financial footing of many Chinese firms, as per the report.

The IMF wants the world to sit up and take notice of trade war between China and the US and how it is impacting the rest of the world.

China's high-speed rail network has long been a symbol of the nation's rapid modernization and technological advancements.