China's Economic Issues

The same opinion repeated by lots of western economists every year, so you are not the first one. China's economy and culture is different, which lots of western couldn't understand, but still try to use western prospect to interpret it. Like asset bubble, the western don't know the mortgage in China is at least 20% for first property, and the second one would be 50% or even higher. And also in Chinese culture, most people would not get finance for the vehicle, and the saving rate

There are many serious issues in China's economy. Unfortunately, there are no feasible way to avoid them considering the hyper-growth in 30 years, as far as we as a society know. If you have thoughts and ideas, please share. Call it "Monumental Ponzi"? I suggest you to do one of two things. Either do some serious study in economics and live and do business in China for a couple of years to see what it really is, if you can afford it. Or continue shedding your eyes from the world a

There are many serious issue in China's economy. Unfortunately, there are no feasible way to avoid them considering the hyper-growth in 30 years. If you have thoughts and ideas, please share. Call it "Monumental Ponzi"? I suggest you to do two things. One, do some serious study in economics and live and do business in China for a couple of years to see what it really is, if you can afford it. Or continue shedding your eyes from the world and being delusional.

Native Chinese here. I guess the best way is to apply those better tools for thinking to the Chinese context. To be honest, I don't think there is much information in Chinese politics and economy worth reading. The tools we use are outdated. The information(meta data) we can get is actually very limited and very distorted. The knowledge and how people perceive the world are far behind those in developed countries. When cheap labour becomes less and less competitive, things will go south. Do

makes since since the Chinese economy is imploding on stilts.

Chinese "technocrats" created probably the largest real-estate bubble yet by focusing on short term GDP growth numbers. Look up china ghost cities. People bought in to these as retirement/savings to avoid their constant inflation (which is increasing). They are in a situation where they can't inflate that bubble anymore because the inflation would get out of hand, and are willing to risk economic downturn to slow it down (that should tell you how serious it is).

China is on the verge of recession themselves

Chinas demographics are a ticking time bombThey’ve also massively overinvested in sectors like real estateBut maybe if Drumpf screws up the US enough, they will be able to weather these problemsOr perhaps AI will get so good it won’t matter

read this article, it explains the situation well:https://open.substack.com/pub/crosscurrents28/p/chinas-broke...

I think this is a reasonable article about China.When people think about China they tent to assume that China is somewhat similar to a western country going thru the afterwards of some sort of overheated boom. Say the US from 2002 to 2007 and the big recession of 2008-2010.But China is not mature and developed like the west.Sure the east coast has nice modern cities which look like the cities of any Western country. But large parts of the country are still poor, rural and remote. When c