Every economy in the world is slaved to perception. Doesn’t change the fact that in order for a war to happen in the South China Sea, the PRC will have to be the ones to start it.
The Chinese economy has been doing comparatively worse to how it had been doing previously. The article you sent indicates it’s been doing better than people thought it would be, but it still mentions China’s Albatross, the downturn in their real estate market. They could totally get through that downturn fine but investors are the most uselessly fickle people on the face of the earth
From what I have seen the downturn in the real estate market has been planned. The government over incentivized real estate growth so that private companies would over leverage and then the government could buy up these properties for pennies on the dollar to make them public. Of course western media is going to report on it like the sky is falling, it’s a communist country out maneuvering capitalism.
I have plenty of criticism for the CCP but the current real estate market really could be some 3d chess, and if so good for them. We will have to see how it plays out.
Making it public? Where? Never heard that. They stay empty, people own them, it is essentially the only way for them to save on money (investment), hence this massive housing market with the tons of building shells just rotting. Not to mention the extreme quality issues with their tofu dreg.
What the authorities refer to as “a new model” would replace the old emphasis on ownership with more rentals and use government funds to buy up bankrupt properties so that in time the government’s role in real estate would rise from 5% of the market at present to 30%.
Beijing will commit the equivalent of $280 billion a year for five years to buy up distressed private residential real estate developments and repurpose them as rental units. The plans also mention building still more units, some subsidized rentals, for a total of six million new units in 35 cities over the next five years. Beijing would impose severe restrictions on who could buy these apartments and would forbid purchasers from trading their units on the open market.
Keep beating that war drum US “think tank”.
If China doesn’t invade Taiwan there will be no war to be had
China’s economy is both weak or strong depending on what narrative is being pushed.
Every economy in the world is slaved to perception. Doesn’t change the fact that in order for a war to happen in the South China Sea, the PRC will have to be the ones to start it.
Do you not see a problem with articles like this that justify their reasoning through bad faith?
The Chinese economy has been doing comparatively worse to how it had been doing previously. The article you sent indicates it’s been doing better than people thought it would be, but it still mentions China’s Albatross, the downturn in their real estate market. They could totally get through that downturn fine but investors are the most uselessly fickle people on the face of the earth
From what I have seen the downturn in the real estate market has been planned. The government over incentivized real estate growth so that private companies would over leverage and then the government could buy up these properties for pennies on the dollar to make them public. Of course western media is going to report on it like the sky is falling, it’s a communist country out maneuvering capitalism.
I have plenty of criticism for the CCP but the current real estate market really could be some 3d chess, and if so good for them. We will have to see how it plays out.
Making it public? Where? Never heard that. They stay empty, people own them, it is essentially the only way for them to save on money (investment), hence this massive housing market with the tons of building shells just rotting. Not to mention the extreme quality issues with their tofu dreg.
You dismiss the counter argument because you haven’t heard of it?
Ukraine enters the conversation
Russia invades Ukraine
Tankies: How could NATO do this?
Removed by mod
“You made me do this” isn’t just for abusive husbands I guess
Great analogy, I’m stealing that.
Removed by mod
Good one. The argument is still bullshit that disregards the agency of independent states to freely associate with whomever they choose.
Removed by mod
Instead of this"provoking" I assume NATO should have simply attacked instead? You know, like Russia did over and over again?
Removed by mod
Provoke how?
What about Russias multiple attacks?
When did Russia ever say they want to join NATO?
Removed by mod
Clearly if Ukraine didn’t want to be invaded they shouldn’t have dressed like that
🤡
Removed by mod