4 ms·
https://archive.is/20240815105917/https://www.economist.com/business/2024/08/08/chinas-manufacturers-are-going-broke https://archive.is/20240815105917/https://w
by rurban 2y ago
https://archive.is/20240815105917/https://www.economist.com/business/2024/08/08/chinas-manufacturers-are-going-broke https://archive.is/20240815105917/https://www.economist.com/...
Some overly subsidized EV companies are going broke, and their inflated housing market crashes. Evergrande. Of course. That's a good thing.
Still stronger growth than everywhere else. And their chip industry will soon be independent. This US war backfired massively.