filoria

IMF: your housing market is collapsing

China: yeah we know

IMF: so how about you bail out those poor housing investors

China: ...no thanks

IMF: surprised Pikachu

US sanctions going well

Odd how this happens just as America's foreign policy talking heads had to turn onwards to deal with Biden's collapse...

Almost as if the US is the main impediment to peace in the region.

Can you spell racism for me?

Economics says that Chinese companies are just more efficient as a whole - through sheer competitive advantage, China can produce more per work-hour than everyone else. In fact, this has been a huge problem for China's labour demographics as there's just simply no more manufacturing jobs - an auto factory that would've employed thousands just a decade ago might employ barely a few hundred today. Instead of outsourcing to other countries, most of those jobs have been literally outsourced to robots

The story not being told is that Chinese factories are absurdly automated compared to the rest of Asia - their competitors are South Korean and Japanese factories, but they're entering markets that are still heavily labour-centric. China is spearheading this new evolution of industrial manufacturing and everyone else is forced to either adapt or die.

4.7% YoY Q2

5.3% YoY Q1

0.7% QoQ Q2

1.5% QoQ Q1

Retail sales were the contributor (2.0% YoY growth, vs. 3.3% expected)

Retail growth is being sandbagged by a few key factors:

1. Luxury goods demand being beaten to the absolute ground. Eviscerated.

2. Foreign brands have tanked in China - Apple, foreign cars, etc. and have been replaced by (cheaper) domestic alternatives like Huawei, BYD, etc.

3. New trade restrictions with the US and Europe have limited Chinese consumption patterns. For example, the RTX 4090 is blocked from being exported to China.

Justifying war crimes - the American way

Definitely no signs of foreign interference, which the US would never do in South America.

If anyone wanted more evidence of how IMF loans are not in the best interests of the countries that take them, see here.

Something something this is a sign of a healthy economy and it's actually China that's going to collapse

This doesn't answer why Crimea's population has more or less remained constant (with growth consistent for its size and geography)...

This is just pulling numbers out of your ass to justify shit on your face.