Comments by "Godzilla Mothra" (@godzillamothra5983) on "CNBC International News"
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again, why China need a bazooka when the economy is still growing 4-5% a year? that is about 900 billion growth, equal to about a third of Indian economy. Stock market isn't an economy, the price of stocks don't reflect the economy, it doesn't even reflected the Chinese companies. Just look at Alibaba stock price, so low considering the company is still massively profitable. There if FUD going on, and smart person will hoard that stocks, just like what Michael Burry did. As for something structural going on in China, yes, but not the problem, but the reform. China is moving up the ladder in supply chain, restructuring the economy from manufacturing to services, none of the reform without pain, but long term, it will result in gain.
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