Communist Party Priorities Complicate Plans to Revive China’s Economy
Another party journal, Study Times, chimed in with an article that specifically argued against handing out cash to consumers.
“While such measures could work in stimulating consumption to some extent, the cost of doing so is too great and it is absolutely unfeasible in China’s case,” the publication said
China’s economy is floundering and many of its decades-old problems are coming to bear.
7 Reasons Why ‘The China Crisis’ Has Finally Arrived
by James Gorrie August 27, 2023 in Commentary, Curated
Discern Report is the fastest growing America First news aggregator in the nation.
As predicted in my book, “The China Crisis,” China’s economic structure is proving to be unsustainable. In my last post, I argued why the China Evergrande bankruptcy is not the end of the economic crisis in China but just the beginning.
Knowing that such predictions have been made in the past by China observers, including yours truly, why should anyone think that it’s happening today? A bit of historical context helps provide an answer to this question.
h/t mark000