Simply 5 years in the past, the world watched in awe as China’s financial dragon breathed fireplace, scorching previous rivals. The query on everybody’s lips: When would it not overtake the U.S. because the world’s largest financial system? The Center Kingdom appeared unstoppable, a juggernaut of progress and innovation that had lifted lots of of tens of millions out of poverty and reshaped the worldwide financial panorama.
However as we have realized time and time once more, the one fixed in life – and economics – is change. Quick ahead to as we speak, and that burning query of worldwide dominance has remodeled into one thing much more ominous – can China keep away from a “misplaced decade” like Japan’s notorious financial stagnation?
#china #stockmarket #growth #bust #future
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I think China is doing fine, it's more of a question how the US and the west will handle not being top dog economically anymore…ie keep investing in sabotage abroad and support global unrest at the negligence of of their own populations well being…i.e more proxy wars and increasingly large wealth gap and worse standard of living and affordability…etc etc. Even in Australia where I live too much bureaucracy and BS in govt not enough action that's the problem …even the US atm. China is no BS they just get things done. can't keep our heads in the sand and deny their rate of development… frustratingly to me instead of doing anything productive on our part we focus on sabotage and hindering others and just spend time crying and b*tching about everything.
Interesting subject but I can't make out the English over the clangor of marimba music.
Swiss banks used to be safe havens for international funds, but no more.
This video is talking riddles in circles..
BTW, what controversy is there in BRI projects to which more and more countries are applying to join. 😊😊😊
Your choice of words is poetic, however, still failed to describes the real situation in China.
1> While US/EU are struggling to stay positive growth due to global downward economic conditions, caused by post pamdemic and wars in Ukraine and Middle East, China‘s 5% growth is very impressive.
China is like an A-student with 80% test marks, but still strive to achieve 100%.
Although there are challenges, but China has solutions to each issues, but choice of remedy to these issues are very different to Western School of thoughts. China is not wrong but merely different.
Move on China. A pot will always call the kettle black😅
"Stock market is the backbone of China's economy" sure thing buddy
🌏 is in structural transformation‼️
🇨🇳's transformation is faster than anyone understand.✌️