Hey tankies explain this. If china is so good then why does its economy not grow exponentially until forever and ever. Owned.

It’s their fucking Twitter banner

:xi-pressing-the-button:

Still reading the article, just some notes off the top of my head:

Its famously industrious workforce is shrinking,

Chinese production is now more automated than America’s

history’s wildest property boom has turned to bust

COVID accelerated the process of course but the five year plan accounted for this downturn because they recognize that you can only build so many planned cities and high rise apartments before you don’t need any more

and the global system of free trade that China used to get richer is disintegrating.

China has been very deliberately cultivating an alternative economic bloc that isn’t controlled by the American Navy

Flashbacks to my 2013 university poli-sci courses where the professor and guest lecturers confidently predicted a collapse of the Chinese economy in 2-3 years

Blending techno-utopianism, central planning and an obsession with security

“These three pigs sure have an obsession with security for some reason.”

• The Wolf

The CRO (Chief Racism Officer) of The Economist inventing new types of racism:

“China” as a separate entity will “collapse” once we achieve world communism

Xi Jinping: “People should have housing and should be able to afford living in their houses.”

Ten Thousand Western Op Eds: “This guarantees the inevitable destruction of the Chinese Economy.”

Compared with 12 months ago, let alone the go-go years, the mood in China is dour. Although industrial production perked up in March, consumers are depressed, deflation lurks and many entrepreneurs are disillusioned. Behind the angst lie deeper fears about China’s vulnerabilities. It is forecast to lose 20% of its workforce by 2050. A crisis in the property industry, which drives a fifth of gdp, will take years to fix. It will hurt cash-strapped local governments that relied on land sales for revenues and flourishing real estate for growth. Relations with America are steadier, as a phone call between Mr Xi and President Joe Biden this week attested. But they remain fragile. Chinese officials are convinced that America will restrict more Chinese imports and penalise more Chinese firms, whoever wins the White House in November.

s/China/America/g

If AI was worth a fucking damn, I would love to see a LLM applied to this article relative to this absolute dick-sucking machine hagiography of the Saudi Line

We’re getting into some weapon’s grade as Western economists shit themselves in fury at China while cumming enthusiastically at Saudi Arabia for engaging in the exact same state-centric economic planning strategies.

Nevermind that the Saudis are being driven off a cliff by a 30-year-old Chud Gamer with a fetish for American mega-malls, while the Chinese are getting the benefit of the Immortal Science to inform their planning strategy. You would at least think a Free Market Spank Bank like The Economist would be able to draw a line between the two from a “Oh look! Command Economies!” high level perspective.

This eschews the conventional path of a big consumer stimulus to reflate the economy (that’s the kind of ruse the decadent West resorts to).

Uh, what are they talking about? The COVID checks? Because last I checked ALL of the ruse’s resorted to by the decadent West have been supply side handouts totally what, nearly a trillion now?

Oh my god the button 😭😭😭😭

NO ECONOMIST NO

Is the headline for 2011 in that long meme real? “Business Insider: A Chinese.” What’s that supposed to mean lol