I know. I live in Hong Kong. Some of these are worrying but a few of them seem questionable. From what I can find, the previous asian games opening also wasn't attended by many world leaders. It's not Olympic. https://en.m.wikipedia.org/wiki/2018_Asian_Games_opening_cer...

It's the first time we've had some serious quantitative data behind it, though.

There are good indicators that an economic stagnation or recession are coming, and that could potentially hurt the CCP long term.

What are you talking about? Data has been collected since they opened up, enough for people to be writing books on it like https://en.wikipedia.org/wiki/The_Coming_Collapse_of_China

Now are you going to say the data collected before is unreliable somehow and this time it's reliable?

China had a real estate bubble fueled by overbuilding, and it collapsed. Nobody is quite sure what happens after that. The economic system is so different that the aftereffects aren't clear.

I can't find the paper ATM - but this was discussed by an Australian group (ASPI adjacent) tasked with China watching eight years (? ish ?) ago .. and as I recall it played out more or less as they predicted.

China central planning pushed for and encouraged 'over buiding' for efficiency and surplus, doing bulk deals on concrete, streamlining steel creation from iron ore, etc.

If you put aside the traditional western stock market view of companies trading in the building domain (which grew and collapsed) and look at it as state planning for bulk efficiences of scale it perhaps makes more sense.

Right now it makes sense to look at what the next five to ten year state backed push will be as we might anticipate more "one foot in the free market" bubble like growth there.

I'm sure you're smarter than Cathie Wood, who has completely exited Ark investment out of China. Or smarter than Apple, who is moving 50% production to India by 2027. Or smarter than Carrefour, which closed all of their 150 Chinese stores this year.

Oh wait, probably not.

Imagine having such a superiority complex thinking that China's survival hinges entirely on western investment and graces. That's some jingoism right there.

Yeah, I'm sorry to break a nationalist's heart. China needs foreign investment to survive, otherwise its 22% youth unemployment rate, 3 of its biggest real estate companies being bankrupt, local government's $12 trillion debt, 600M citizens on $140/month income will just get worse.

But those investments are now gone forever.

Nah I'm no nationalist. Just trying to provide balanced views.

> But those investments are now gone forever.

Can bet there will still be investors coming in to fill the void.

I don't know about the others, but I'd contest the claim about Cathie Wood.

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