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by cltsang
2188 days ago
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We share the same direction of thinking. I think China's greatest threat comes from within. And the brinkmanship is at supply-side structural reform VS unemployment. The risk has never been this high, given 1. belt and road initiative is already half-busted 2. drastic drop of foreign demand due to pandemic 3. cry for decoupling from all wealthy nations And see this: https://www.youtube.com/watch?v=6Q8oQGBcFdo My point is: the Chinese government has been trying to tell people that they don't need to work in the city. They could work in a rural farm and lead a simple life, albeit earning close to nothing. |
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