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by mistermann
2687 days ago
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> This blogger SN is a bit delusional, like most of the nationalistic bloggers anywhere. Being enthusiastically patriotic/positive is probably a Good Idea for a common citizen with such a high profile in China who likely also says negative things quite often. From reading this I was quite impressed at this kind of intelligent and engaged public dialogue taking place in China, I imagine you could find the same thing in the West, but the difference here is I doubt it has widespread popular interest. > And so we have the reality today: China is way too indebted and a wave of defaults has commenced. Factories and firms have moved out of China. Luxury sales have crashed 50%. Home sales in 2019 have crashed 60%. account deficit will be negative for the year. Import and export are all down. And the hike in tariff is yet to come. Anyone have suggestions on a single, relatively unbiased source where one could keep up to date on such things inside China? |
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