2023 could be the worst year for the Chinese economy in 40 years, especially with the catastrophic decline in the stock and real estate markets, implying a significant decrease in the personal assets of ordinary Chinese people. Compared to the United States, China's GDP will be 72% of the U.S. in 2022 and drop to 64% in 2023. As the Chinese banking crisis unfolds, experts believe that the $28.2 trillion (200 trillion RMB) savings of the Chinese people are becoming the final target of the Chinese Communist Party (CCP).
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