21-01-2024, 06:16 AM
Many China fans have denied numerous China economic problems as things got worse and worse .
Here is a realistic update of the situation there.
China govt itself release data showing negative FDI.
For Chinese middle-class and investors the stock market alone wipe out 6 trillion in wealth and property market which is widely held by. Chinese family also lost trillions in wealth.
There is nothing to stop the deterioration.
The leadership also implementing "bit by bit" stimulus. This. Is an cc classic fatal error and textbook documented it will fail. When confronted with decline policy makers are better off to make a big and bold move to reverse this fast. This was done by Europe during eurozone crisis and US during financial crisis.
Here is a realistic update of the situation there.
China govt itself release data showing negative FDI.
For Chinese middle-class and investors the stock market alone wipe out 6 trillion in wealth and property market which is widely held by. Chinese family also lost trillions in wealth.
There is nothing to stop the deterioration.
The leadership also implementing "bit by bit" stimulus. This. Is an cc classic fatal error and textbook documented it will fail. When confronted with decline policy makers are better off to make a big and bold move to reverse this fast. This was done by Europe during eurozone crisis and US during financial crisis.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.