Think tank highlights China's economic woes amid real estate crisis, reduced spending

London [UK], August 31 (ANI): A London-based independent think tank has highlighted the severity of the economic downfall faced by Beijing and claimed that the Chinese government is still not ready to make major changes to its economic policy as discussed in its high-profile Third Plenum recently.

The Chinese economy has continued to struggle throughout the year, showing no hopes of a strong-paced post-pandemic recovery,