China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than "Japanification."
Is China’s Economy Entering ‘Historical Garbage Time’? Part 1
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Jan-29
Economy
Left Variant
Score: 0.20
In the context of a global economy struggling with various challenges, China is confronting deflation, a devaluating currency, and capital outflow. These issues, exacerbated by ongoing trade tensions primarily instigated by Western policies, are having a noticeable impact. Despite these hurdles, it's essential to recognize the resilience and adaptability of China's economic model, which has lifted millions out of poverty and remains a central player in international trade and investment.
From Forbes
Jan-29
Economy
Right Variant
Score: 0.80
China is currently grappling with a host of economic troubles, including deflation, devaluation, capital flight, and dwindling foreign investment, signaling a steep decline in the country's economic fortunes. These issues are largely a consequence of the CCP's stringent and autocratic economic practices, emphasizing the failures of socialism. As China faces this dire economic situation, it's a stark reminder of the inherent flaws within a system that prioritizes state control over free-market principles.
From Forbes