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>China is far from a depression. Their economy grew by more than 5% this past quarter. That is far from a depression. Where do you come up with this? Down 50%
by incomingpain 3y ago
>China is far from a depression. Their economy grew by more than 5% this past quarter. That is far from a depression. Where do you come up with this?
Down 50% since covid started.
https://www.lemonde.fr/en/economy/article/2023/08/20/china-s-unprecedented-economic-crisis-worries-the-rest-of-the-world_6099473_19.html https://www.lemonde.fr/en/economy/article/2023/08/20/china-s...
https://www.bloomberg.com/news/articles/2023-08-13/china-s-economic-recovery-faces-fresh-risks-from-property-crisis https://www.bloomberg.com/news/articles/2023-08-13/china-s-e...
https://www.cnbc.com/2023/08/15/china-is-grappling-with-a-confidence-crisis-says-economist.html https://www.cnbc.com/2023/08/15/china-is-grappling-with-a-co...
https://www.theguardian.com/business/2023/aug/20/china-too-big-soviet-union-collapse-growth https://www.theguardian.com/business/2023/aug/20/china-too-b...
Though they are probably correct there's no soviet collapse coming, but collapse non-the-less.
Do you feel like these sources are sufficient? Or are they all incorrect?
Isnt it interesting that China's public numbers are always 5-7% growth no matter what?
>There is something seriously wrong with most people. You write things, and hope they are true. It is incredible. It's like Christians and other religious people. If I believe it, it will become reality.
It's also interesting how some resort to attacking people.
- deviantbit 3y agoAgain, not true. It is not down by 50%. You obviously didn't read any of those articles.
- bllguo 3y agothis must be comedy? you think the chinese economy is down 50%? at no point did you question how unfathomably ridiculous such a figure is? i suppose this is the state of the west now, where literally anything negative about russia or china is accepted without question?