Commentary The year 2021 is a turning point for China’s economy, from growth to decline. Though at the time of writing this* China’s official annual economic statistics for 2021 have not been published, the performance of its stock market in the year shows that 2021 is a downward turn of China’s economy. Comparing the Chinese stock markets’ performance with those of the United States, Europe, and Japan, we can see that China’s economy is now in a difficult situation. Chinese Stock Markets’ Performance Shows the Truth Behind China’s Economic Growth According to International Monetary Fund (IMF), China’s GDP growth for 2021 was expected to reach 8 percent, among the highest in the world. For 2022 the IMF expects it to be 5.6 percent. However, China’s stock performance does not support this estimate. Publicly listed companies of a country are generally among the best and the strongest performers in its economic sectors. …