I’m skeptical of data coming out of China. The institutions that track and report economic and domestic data have been compromised, to say the least. Xi Jinping has purged most of those and replaced with cronies that report bad data
Even if it is true the rest of the economy is not doing well (housing, unemployment, deflation….) which makes them more reliant on exports
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I’m skeptical of data coming out of China. The institutions that track and report economic and domestic data have been compromised, to say the least. Xi Jinping has purged most of those and replaced with cronies that report bad data
Even if it is true the rest of the economy is not doing well (housing, unemployment, deflation….) which makes them more reliant on exports
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