Part 4/11:
At present, China’s economy is growing at about 5%, significantly down from the double-digit growth rates of the past. While impressive by global standards and especially for a mature economy, this figure represents a sharp downturn when placed against China's historical context. Economist frustrations arise from the juxtaposition of relatively low growth rates with escalating expectations—akin to an employee accustomed to annual raises who finds themselves unable to afford their lifestyle when growth capsize. Economic miscalculations stemming from unrealistic predictions—like those surrounding growth and real estate—now threaten long-term stability.