Death Spiral,a situation that keeps getting worse and that is likely to end badly, with great harm or damage being caused. Is China’s economy in a death spiral?

Death Spiral,a situation that keeps getting worse and that is likely to end badly, with great harm or damage being caused. Is China’s economy in a death spiral?
日本驻香港领事馆、日本贸易振兴机构 (JETRO) 的调查显示,更多日本公司表达了对北京在香港实施的《国家安全法》的担忧。