Distressed China Plays Nice With US for Now

BY: Atul Singh & Glenn Carle

China witnesses 367% rise in temple visits, reflecting economic stress with high youth unemployment and struggling economy.

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China's economic growth weakens as interest rates are lowered, real estate sector falters, and banks face risky loans.

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China acknowledges economic weakening, seeks rapprochement, and tones down aggressive rhetoric towards the US.

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China's shift towards reasonableness is attributed to the Communist Party's need to maintain credibility and deliver prosperity.

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China's future after an inevitable bubble burst is uncertain, with Indian leaders cautiously observing the situation.

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China faces challenges navigating middle income trap, uncertain growth amid transition from manufacturing to services.

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Chinese leaders seek cooperation with the US amid a realization of reality, despite hawkish rhetoric from both sides.

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China aims for economic cooperation with the US, but unresolved political issues may hinder successful collaboration.

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