I don’t buy the doomer’s propaganda and mainstream media that China is going to collapse back to Stone Age or becoming next Japan with decades of economy lost. The fact that these takes are extremely negative and bearish make me think if there is other way around.
The bottom line is China is not that bad.
My understanding has been that they are heavily indebted and super fragile to liquidity issues. I don’t follow mainstream news given that most people around me are talking about avoiding a recession are people really that negative on China? I was more under the impression people are too optimistic and the big crash is still coming up maybe caused by China falling first?
