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human
Weaknesses of Chinese Economy?

Hello, 

Can someone help me outline the weaknesses of the Chinese economy in modern day? I have to write a paper on this and economics is not my forte (so all articles I am reading are making my head feel scrambled) so I would appreciate any points that you could tell me about!
gpt
China's biggest problem right now has to do with its debt. China's been relying on insane amounts of leveraging to finance its economic growth - China’s total debt load (that is, both private debt and government debt) jumped from less than 150% of GDP in 2008 to more than 250% in 2016. 250% of GDP actually isn't that far out of line with other advanced economies, but China has much more corporate liabilities than most large economies.

You see, China's economy relies substantially on state owned enterprises (SOEs) which have a ton of deadweight and failed investments. These investments were financed by the corporate debt im referring to, but the holders of the debt - mainly the Chinese government and other SOEs, are allowing these "zombie factories" to stay alive in order to avoid painful financial deleveraging. This deleveraging must happen at some point, and lots of respectable economists say that it is only a question of when and how badly they handle it.