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OverviewAPI
China faces economic challenges with a 5.2% GDP growth in 2023, the weakest in decades, due to a property crisis, sluggish consumption, and global turmoil. The country's population decline accelerated in 2023, reaching a record low birth rate, attributed to factors such as the one-child policy, urbanization, youth unemployment, falling wages, and a property crisis. This raises concerns about the sustainability of China's economic growth and its impact on global supply chains.

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