Re:Starlink Successfully Tests Space Direct to Cell Mobile S...
by biotopia on Saturday January 13, 2024 @06:12PM
(#38985661)
that 5% growth is just a fantasy number made up by the Chinese government, and parroted by other institutions like world trade bank. No way the 5% growth is real when FDI has fallen all the way from 344B in 2021 to 15B!! in 2023. https://www.visualcapitalist.com/charted-chinese-fdi-inflows.... Global investors like Blackrock and Vanguard obviously know the real financial truths. When Chinese youth suffers from 46.5% unofficial unemployment rate https://finance.yahoo.com/news/chinas-real-youth-unemploymen.... When a large shadow bank with $65B in debt just declared bankruptcy https://fortune.com/asia/2024/01/08/zhongzhi-china-shadow-ba....
You seem to ask a question to push a narrative rather than by curiosity
https://www.reuters.com/world/china/imf-upgrades-chinas-2023...
~5% growth when the west is contracting, specially Germany and the US is quite the feat, what's happening in the Red Sea didn't even hurt that forecast
Have you seen the forecast for most EU countries? it's quite dark in comparison
And have you read about EU farmers protesting? Dictators must be wearing blue, and censorship may rule, perhaps not just red ;)
In the meantime:
https://consumer.huawei.com/za/community/details/Huawei-Mate...
https://asia.nikkei.com/Spotlight/Caixin/China-s-own-GPS-Bei...
Economic depression? has any of the European countries attempted this?