<p>➀ Country Garden, a major Chinese property developer, lost $27.5 billion in 2023, marking the second largest loss by a listed Chinese company after Evergrande's $94 billion loss in 2021.</p><p>➁ The ongoing crisis in the Chinese real estate sector is having ripple effects across other business sectors and is a symbol of broader economic challenges and reduced domestic demand.</p><p>➂ Foreign direct investment in China decreased in 2023, indicating a potential crisis of confidence in the country.</p>