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Chinese factories, facing overcapacity in a struggling economy, are attempting to alleviate their troubles by increasing exports, which has led to new trade tensions. This move has resulted in a significant drop in the prices of goods shipped from China, indicating a strategy of discounting to maintain or expand market share. Additionally, subsidy-fueled gluts in China are being exported abroad, causing trade tensions and triggering new tariffs. Meanwhile, China's property sector is under scrutiny, with concerns over the financial health of major developers and the impact of the prolonged housing slump on economic growth. The lackluster economy and troubled property market have also led to rising discontent among citizens.
