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The reality of China is that their GDP stats are so systematically faked and so clearly don't add up that nobody actually knows whether China is economically he
by Qwertious 2y ago
The reality of China is that their GDP stats are so systematically faked and so clearly don't add up that nobody actually knows whether China is economically healthy, not even Xi Jinping.
In such a scenario, China could collapse at any time, and past performance is not a predictor of future results.
- alephnerd 2y ago> GDP stats are so systematically faked At a macro-level, Chinese federal statistics are decently trustworthy in the 2020s, and there is enough transnational trade and dealflow that egregious tampering can and would be caught, and is very damaging. > China could collapse at any time There is a difference between stagnant/slowing growth (which is what is happening) and "collapse" (nowhere near that level). Nor would you want to wish a Chinese "collapse". It's because of rhetoric like yours that other Chinese people automatically dismiss policymakers abroad who are trying to push for reforms for an economically stabler China - which itself requires healthy engagement with the world.
- naveen99 2y agoBut who has the guts to call out the emperor has no clothes. No one corrected the covid mortality numbers or even gave any kind of estimate other than the officials numbers out of ccp.
- alephnerd 2y ago> But who has the guts to call out the emperor has no clothes You read the article above right?