09-12-2023, 11:19 AM
(09-12-2023, 10:55 AM)sgbuffett Wrote: I think there is some inventory effects that analysts explain temporarily boosted the numbers you have tobtrack another fre months.
The worrying thing is the import slowdown which reflects the slowing economy.
The China policy response is bit by bit modest approach. This in my opinion is wrong way because it allows the problems to spread and you never jump ahead of it. There is no country with sufficient firepower that will take such a approach that is doomed to fail. Theh need decisive moves to revive the economy before it sinks further.
The Chunese govt has the balance sheet to do this.The later they act the weaker the more you need to turn the economy around.
Smaller import is partly due to they face beekok electronic/IT sanctions.
Also their govt has been bursting the property bubble, scale is larger so it will take them
a while to differentiate which are the better condition ones they need to restart.
Econ is not hot not cold, will not collapse as the western media reported.