[manishader]

If 1989 had gone in a different direction and China today is just a giant version of Taiwan, how would that possibly be better as an American? We would all be trying to figure out how to get paid in digital Yuan.

Instead they have huge manufacturing capacity sitting on top of a completely busted financial system. Look at the returns of Chinese equities vs GDP growth the last 20 years. It is completely absurd.

The financial system is imploding right now, trying to find a place to hide https://tradingeconomics.com/china/government-bond-yield

[coliveira]

> returns of Chinese equities vs GDP growth

The equity market is just one place where companies can go to receive investment. In China this is a small part of total investment pool. So, no surprise that these equities don't go as fast as the rest of the economy, there is a lot of competition. In the US this is the reverse because traded companies are allowed to swallow more and more of the real economy.

[kelipso]

> returns of Chinese equities

Another phrase for money leaving the country without goods coming in?