China’s economy struggles with multiple problems and without robust reforms, Beijing is likely to face a threat to the growth prospects in the coming years, hurting its global position, according to a new report. Washington-based think tank Atlantic Council GeoEconomics Center and research organization Rhodium Group on Oct. 1 released a report titled “Running out of road: Running out of road: China Pathfinder 2023 annual scorecard.” The report identified core problems of the world’s second-largest economy, warning that “structural threats to economic stability have never been greater.” “The economic malaise that policymakers in Beijing are staring down now is not caused by cyclical factors like COVID, but by a failure to reform the country’s economic system,” the report noted....Read more https://www.theepochtimes.com/china/chinas-economy-is-running-out-of-road-report-5506070