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China's Economic Challenges: A Deep Dive into Recession Risks In a startling turn of events, China's real estate index has plummeted to levels not seen since 2009, marking a staggering 80% decrease from its all-time high. This economic downturn has sent shockwaves across the nation, prompting significant policy shifts and raising concerns about the possibility of a looming recession. One of the pivotal moments in this crisis was Chinese President Xi Jinping's unprecedented visit to the Chinese central bank. This symbolic gesture signified the gravity of the situation, highlighting the government's determination to tackle the economic challenges head-on. Shortly after this visit, China took a bold step by increasing its fiscal deficit ratio from 3.0% to 3.8%. This move was seen as a crucial measure to inject much-needed liquidity into the economy and stimulate growth. Image Source: Tradingview  Additionally, China approved a massive 1 trillion Yuan sovereign bond issuanc...