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by biotopia 882 days ago
that 5% growth is just a fantasy number made up by the Chinese government, and parroted by other institutions like world trade bank. No way the 5% growth is real when FDI has fallen all the way from 344B in 2021 to 15B!! in 2023. https://www.visualcapitalist.com/charted-chinese-fdi-inflows.... Global investors like Blackrock and Vanguard obviously know the real financial truths. When Chinese youth suffers from 46.5% unofficial unemployment rate https://finance.yahoo.com/news/chinas-real-youth-unemploymen.... When a large shadow bank with $65B in debt just declared bankruptcy https://fortune.com/asia/2024/01/08/zhongzhi-china-shadow-ba....