China's economy: The more you fix it, the more complicated it gets

“Household debt has become an issue that the Chinese government is closely monitoring, even though China's household debt ratio is at an average level of around 60% of GDP, which is lower than many leading industrial countries. But China's debt ratio has increased at a relatively rapid rate compared to last year. 2018, which is at a level of around 51%.”
President Xi Jinping's attempts to revitalize the Chinese economy to its unparalleled strength seemed promising at first, but they eventually had to be re-engaged. Even though China's economy wasn't so bad as to cause the international community to panic, Unfortunately, Chinese leaders' solutions to problems often follow the adage "escape the tiger and meet the crocodile," resulting in the Dragon City having to constantly clean up and solve problems to this day.
































