SHANGHAI ’ S FINANCIAL HUB CHINA
All eyes are on China as the world ’ s second-largest economy battles multilayered issues to ease its economic woes . Problems include workforce issues for the manufacturing industry as extreme measures to curb COVID-19 resulted in draconian lockdowns that impoverished the working classes . The property market is also in a state of flux due to overborrowing , the financial downturn , and poor build quality . Both these issues have caused well-attended demonstrations throughout major cities in China over the past 12 months .