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Vale Tudo
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Comments by "Vale Tudo" (@valetudo1569) on "China's economic data is reflective of the global economy slowing, says KraneShares' Brendan Ahern" video.
China is slowing is more about their economic model than the global economy. The global economy is just adding to their situation.
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@duyataksis5210 The problem is throwing heaps of money at something doesn't necessarily solve the problem. Those industries are already heavily subsidized and have a lot of capital inflows from private investors. Lack of capital is not the constraint.. and the amount that was thrown into real estate was so massive that those industries likely can't absorb all of that investment, or at least can't turn it into increased productivity. We will have to see if this will be successful in the long run.
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