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IMF’s GDP Forecast of 2030 GDP by Country, page-7

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DavoMagic

18,773 Posts.

59

02/01/24

20:02

Post #: 71698895
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Originally posted by NavyDiver: ↑

I am Not anti China! Its issues with taxation, property and population and the change of course is not pretty to observe.

to SCMP today has "
Is China uninvestable or irreplaceable? Foreign investors ponder rising risks vs rewards of world’s second-largest economy
China has been on a charm offensive to woo foreign investment, but direct investment liabilities fell for the first time in the third quarter, suggesting they are easing off
De-risking, geopolitical tensions and tightening regulation have turned some investors away, while others still see the potential in China’s market of 1.4 billion people
"

Ying and YANG?

Head lines like "Country Garden Affiliated Property Manager Writes Down $576 Million" are small change to the massive self-inflicted economic damage imposed.

Hope they can steady their ship.

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If Xi said prices will fall 70 percent in China in 2024, the panic that would set in in USA and Europe would be on a massive scale!!

China would just keep punching on while the west would turn on their elites
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