128 sats \ 1 reply \ @IamSINGLE 15 Aug \ on: Non-Linear Surge in China’s Unemployment: A Recession Looming? econ
As far as I can see from whatever media inputs we get about China in India, China is already under the effects of recession. Their backbone of economy has been manufacturing and that's been damaged severely due to excessive production.
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11 sats \ 0 replies \ @TomK OP 15 Aug
interesting. here in europe, china is presented as a kind of political role model in the media, and there is a tendency to report positively on the economy, which is of course nonsense. but we don't know any other way any more
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