I’m not going to do your homework for you. Suffice is to say China is still an emerging market and all indicators aside from exports are unusually low for the kind of economy China is. I don’t know what kind of point you’re trying to make because you seem to be skirting the issue. None of the pieces I linked proclaim China is about to collapse, only pointing out the challenges. Again: what the hell is your point?
https://tradingeconomics.com/china/consumer-confidence https://www.china-briefing.com/news/chinas-august-2024-economy-record-export-growth-amid-domestic-challenges/ https://www.euronews.com/business/2024/09/09/europes-luxury-goods-market-set-to-feel-the-pinch-as-china-growth-weakens https://www.msn.com/en-us/money/markets/analysis-chinas-monetary-volleys-miss-key-threat-to-economic-growth/ar-AA1r9V9Q
Plus anecdotal stories from people I know that traveled to China in the past few months.
Basically, the post-COVID recovery was already slower than expected. Then the property sector all but halted. People are stuck with gig work and temporary contracts.
Why do you imagine the government is doling out money for the first time if everything is peachy?
Lots of people, especially the Chinese. The sentiment about work, investment, economic prospects, consumption are all quite bad. The central bank is cutting rates. Just today the government dipped their toes into the helicopter money game. The only thing keeping the party going is exports
It’s fine until it’s not. China is sort of notorious for such grey lines that can shift overnight. And if you are influential, you may just fall victims to the “kill the chicken to scare the monkeys” practice
Doesn’t work for network shares as far as I can tell. At least not without some funky magic
Contrapoints’ latest video is a very good one you might find interesting. It’s sort of a PhD in video form, very deeply researched. The topic is heterosexuality, framed through the Twilight stories. It’s long and pretty meaty
Yeah AvE was a punch in the nuts
Kitchen stuff: a carbon steel wok, a Dutch oven and a bread form. Also an electric toothbrush.
But most of all: a fully automatic bean to cup coffee machine
As a Norwegian: seconded. It’s tough to get real close and personal with Nordic people. We have smaller friend groups and don’t swap out friends often, but that is largely because we are quite loyal. So when you’re in, you’re in to stay.