Firstly, as economies opened up, the demand for goods increased, production rose, and so did the demand for coal. But China couldn't meet it due to its limits in mining and carbon emissions and the ongoing dispute with Australia. The price of coal rose and factories had to shut down ,which caused a decrease in their GDP Furthermore, the intermittent lockdowns triggered the shipping crisis, which continues to affect exporters, resulting in container shortages and high freight prices. This makes it increasingly challenging to keep business competitive for overseas orders and play the price competitiveness card that Chinese businesses have come to be known for. Finally, China's real-estate crisis did not benefit the country either. The ramifications of Evergrande's problems will be felt across the Chinese economy. As one of China's largest conglomerates, Evergrande has interests ranging from real estate to electric automobiles and global investors.