14-12-2023, 12:51 PM
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
![](https://i.imgur.com/CLvY2jA.png")
China takes a big lead in strategic industries as US, EU declines
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-12-2023, 12:53 PM
14-12-2023, 12:54 PM
I thought China has already collapsed???
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
14-12-2023, 01:01 PM
Thought got big hole in economy. 
Thinking is difficult, that's why most people judge
Carl Jung
14-12-2023, 01:05 PM
(14-12-2023, 12:54 PM)cityhantam Wrote: I thought China has already collapsed???
Strategic industry is only part of the economy not the whole economy.
Even US dominated every major industry in 1920s went into depression due to financial collapse.
You need to understand that you have some performance in the economy does not mean you are not in big trouble. Japan during its lost decade was the No.1 car producer, number 1 electronics etc.
China main problem is in its housing and local govt debt, both are huge problems that remain unsolved and will spread tk weaken its whole economy.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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