Part 7/10:
Many express frustrations that mirror each other: whether it's the rejection from a promising job prospect or the harsh realities of entrepreneurial attempts, hope feels increasingly elusive. The social fabric is frayed as individuals who once contributed to the economy now struggle to find their footing.
The Hidden Crisis in China's Economy
As economists analyze the broader implications of the economic landscape, a silent distress emerges—a phenomenon termed the "silent collapse." This crisis manifests through the prolonged continued operation of factories at drastically reduced capacity, resulting in layoffs and halted production while remaining under the radar of traditional economic metrics.