3 ms·
The crash is due largely to Xi Jinping’s personal choices — his stubborn insistence on Zero Covid (which also has a dimension of social control), his willingnes
by graderjs 4y ago
The crash is due largely to Xi Jinping’s personal choices — his stubborn insistence on Zero Covid (which also has a dimension of social control), his willingness to let the vast real estate sector crash, and his crackdown on tech companies and other entrepreneurs.
Ha.. for a guy who calls himself an Econ blogger to be so dishonest about economics is... unfortunately not surprising.
The actual reasons for the crash have been long in the making and are an unavoidable result of its economic development, see: https://www.scmp.com/comment/opinion/article/3196273/xi-jinping-and-revenge-ultra-leftists https://www.scmp.com/comment/opinion/article/3196273/xi-jinp...