The Chinese government is no different than the US government, they think or don't think that they are the source of employment. It is a hard lesson for all governments to accept which is that they are the primary problem in causing down turns in the economy's of their respective countries. As the song says"when will they ever learn"; they will not. China is probably getting very disparate because we are also a failing economy, their biggest client. But with the saudis being attacked that may cause us to escalate our warring activities which will cause more purchasing of warring materials from US plants.
China has been artificially building their economy for a decade based on fake government spending (sound familiar to anyone?) My father did business there overseeing parts manufacturing for US companies and the stories he could tell...
China is a massive house of cards - ready to tumble.
china is a crony communist country...make the term stick...they, like followers of the islamic religion, work from a basis of dishonesty and thievery...
their charts are based on their lies...not to be trusted...
The first one in oregon was called the Oregon Trails Card and was supposed to provide dignity over using food stamps. they were supposed to reject certain items such as alcohol and prepared foods. Of course stores that refused food stamps refused the Oregon Trails Card. Last I heard they were going to add on the VISA style Merchants fee at Discover Card rates with cash back to the State. Another sales tax in a state with no sales tax. That's when I left California North for the USA. It did nothing to stop people using their credit to buy non-blocked items for 50% cash back from the neighbor or passer by.
Which they won't even if they pay it in fiat credits or whatever they think up next. Especially now they basically use debit cards, where there is all the room in the world for fraud.
Uh, I don't think there is an economist anywhere who will touch that subject. If you had to explain the debt load the US carries, then people might wake up.
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China is a massive house of cards - ready to tumble.
their charts are based on their lies...not to be trusted...
If you superimposed the same chart for America, you would see how positive that chart is for China.