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China's economy seems to be doing just fine https://thenextrecession.wordpress.com/2024/04/10/chinas-unfair-overcapacity/ https://thenextrecession.wordpress.co

• 2OEH8eoCRo0 3y ago
  This week's cover of The Economist: https://www.economist.com/the-world-this-week/2024/04/04/this-weeks-cover https://www.economist.com/the-world-this-week/2024/04/04/thi... > This week we had one worldwide cover. China’s famously industrious workforce is shrinking, its property boom has ended and the system of free trade that helped it grow rich is disintegrating. https://www.economist.com/leaders/2024/04/04/xi-jinpings-misguided-plan-to-escape-economic-stagnation https://www.economist.com/leaders/2024/04/04/xi-jinpings-mis...
  • swed420 3y ago
    My reply was in the context of the parent comment. > China’s famously industrious workforce is shrinking, its property boom has ended and the system of free trade that helped it grow rich is disintegrating. Unsurprising, using capitalist interpretations of what's "good" and "bad" as reported by capitalist media, but those are increasingly ridiculous things to value in a human sense, particularly with the rise of complex automation and who should benefit from it. https://thenextrecession.wordpress.com/2024/03/08/chinas-next-decade/ https://thenextrecession.wordpress.com/2024/03/08/chinas-nex...
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  • kkzz99 3y ago
    Good thing The Economist is so reliable in its reporting about China.
• toasterlovin 3y ago
  FWIW, my limited anecdotal evidence is that they're going through a rough patch. Friends with family in China report that they are very much in a recession. And every Chinese factory we know (copper wire) is building factories in other SE Asian countries (Thailand, Vietnam, Malaysia) so they can be tariff-free for American customers. Which I take as a sign that the tariffs have been painful for them.
  • swed420 3y ago
    See related reply https://news.ycombinator.com/item?id=40015029 https://news.ycombinator.com/item?id=40015029