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A convergence of many reasons, including the uncertainty caused by locking down entire cities. TBH its likely that it was a question of when not if this would
by pm90 4y ago
A convergence of many reasons, including the uncertainty caused by locking down entire cities.
TBH its likely that it was a question of when not if this would happen. Will be interesting to see the geopolitical effects of a diversification of manufacturing capabilities. CCP wouldn’t be able to sustain the current export focused model.
- jakuboboza 4y agoChina demography is going way down. Within a decade they will lose 200 milion workers and gain 300 million retirees in the pool. That will force a strain on the system plus current mortgage issues and protests already pushing bankrupting cities and PRC to a brink of collapse. China is going down on its own behest.