4 ms·
I would refer you to these to take the counterpoint to your position [1][2] [3]. China is in a world of hurt, but the government is trying desperately to hide
by MR4D 3y ago
I would refer you to these to take the counterpoint to your position [1][2] [3].
China is in a world of hurt, but the government is trying desperately to hide how bad it actually is. If this continues for a few more months, it will be an existential situation for their economy.
[1] - https://www.bloomberg.com/news/articles/2024-01-31/china-home-sales-slump-persists-after-evergrande-liquidation https://www.bloomberg.com/news/articles/2024-01-31/china-hom...
[2] - https://www.bloomberg.com/news/articles/2024-01-31/china-stocks-erase-gains-spurred-by-rescue-package-optimism https://www.bloomberg.com/news/articles/2024-01-31/china-sto...
[3] - https://www.piie.com/blogs/realtime-economics/foreign-direct-investment-exiting-china-new-data-show https://www.piie.com/blogs/realtime-economics/foreign-direct...