Comments by "John Koh" (@TheKkpop1) on "New data spells bad news for China's economy | DW News" video.
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@bobs_toys
You're left without saving 80k usd income in the US after healthcare insurance, property taxes, car loans, housing bubble, student loans, income taxes, credit card debts. That would explain there are so many thefts, violent crimes, homeless, jobless, high inflation and zombies apocalypse in the US. Little do you know American households hardly have savings more than 1k.
Whereas 80k Yuan enables Chinese to save, enjoy comfortable lifestyle, thriving economy, good education and peaceful society.
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@santostv.
China can't beat US in terms of LGBTQ, homeless, jobless, thefts, inflation, property taxes, health insurance, student loans, housing bubble, income taxes, little or no savings and credit card debts.
80k usd income means you're poor. 80k Yuan enables Chinese good health care, education, enjoy thriving and peaceful society.
It's the purchase power parity which counts but not your over-hyped USD. Why don't you ask all billionaire in Zimbabwe for your logic???
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@gotfan7743
The west is jealous of China success. First they came out with tariffs, unfair trade subsidy, decoupling, deinvesting, derisking, forced labour, sanctioning and weaponising the dollar before accusing China "OVERPRODUCTION." The west is addicted to "made in China", why not blame it on America capitalists who are relocating factories to China and closed down factories in US. This is a vicious cycle of deindustrialization in America.
FYI labour cost in 🇨🇳 is high, Chinese entrepreneurs are relocating factories to Vietnam, Cambodia, Bangladesh and Pakistan.
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