As China’s economy continues to shrink, its economic slowdown is threatening to become a major political problem for Xi Jinping and his ruling Communist Party.
A new report published on Thursday by the Institute of International Studies (IIAS) suggests that Beijing’s economy is now so badly broken that the country’s economy could shrink to the size of Russia or Italy within five years.
The IISS predicts that China’s economic growth will shrink to around 3.5% per year in 2020 from 5% per, according to the International Monetary Fund (IMF).
But the economic slowdown could be much worse.
China’s gross domestic product (GDP) is now $12.9 trillion, a fraction of what it was in 2000.
And it’s growing at a slow rate of 0.8% per annum, according the IMF.
The IMF’s new forecast is based on a number of factors, including the impact of the China-led global slowdown on China’s trade balance and the rise in China’s share of world trade.
It predicts that growth in the next decade could slow to around 0.5%, from the current rate of 1.3%.
The IIS report also says that China will be hit by an “unprecedented slowdown in growth” in the 2020s, which could cause it to shrink further to around 2% per capita.
But the slow economic growth is also creating new problems for the country, the report said.
The economic slowdown will increase the risk of financial crises, and there are concerns that the risk will grow as the country struggles with an ageing population and a slowing economy.
The report said that as the world’s second-largest economy, China faces a “critical” financial vulnerability and needs to focus on making investments to avoid a “significant” loss in global economic output.
“China faces a serious risk of a serious financial crisis and of the loss of global economic growth in coming decades,” the report says.
For the first time in its history, China has the second-lowest growth rate in the world and has an aging population.
The government is also struggling to deal with a rise in the costs of running its large-scale factories and transport infrastructure, which means that a number local businesses are struggling to stay afloat.
While the IISS forecast is likely to be taken with a pinch of salt, analysts say that China is not alone in facing economic problems.
There are signs that a lot of other major economies are facing similar problems.
In February, the Bank of Japan slashed its benchmark interest rate to zero in an attempt to help the Japanese economy.
In February, China’s central bank cut its benchmark lending rate by nearly two percentage points to around 5% and a number other central banks have also been cutting interest rates.
There are also signs that other countries are also facing similar issues.
Last month, the European Central Bank lowered its forecast for inflation in Europe to 2% this year, the lowest level in more than three decades.
As the world struggles to cope with the problems that China faces, it’s easy to forget that China itself has had some problems.
The country’s central government has a huge debt burden, the country has struggled to modernise its economy, and the government is increasingly seen as being too dependent on the central bank.
What are some other economic indicators that you would like to see?
In 2016, China experienced a “very sharp” fall in its stock market index, according data from the Shanghai Composite Index.
The index fell by more than 11% between March and July that year.
On Thursday, the IIS also released a report on the Chinese government’s financial system.
Its latest report showed that Chinese financial institutions have been hit by the biggest crisis in their history.
It said that in the second quarter of this year the number of defaulted loans for China’s banks rose by more the 1.5 million.
The report said the crisis in the banking system has led to a surge in credit outflows, and a “disruptive” rise in bank loans to private sector companies.
Chinese banks are also in the middle of a financial crisis.
Last week, the central banking commission announced that the number and size of bad loans in China had reached a “nearly 10-year high”.
On Wednesday, the government also announced plans to introduce new measures to combat corruption.
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