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Kenz300 x
China Observer
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Comments by "Kenz300 x" (@KJSvitko) on "Shanghai Is Doomed: 70,000 KTVs Have Closed Down, No Nightlife!Economic Decline Worse Than You Think" video.
China's economy is in slow decline. Poor policies are hurting the economy and driving investors out of business. China's economy is much worse than people are reporting. Unemployment is rising. 16 -24 year old unemployment is over 30% Unemployed people are not huge consumers. They do not buy homes. They do not get married or have children. Individuals, foreign corporations and investors are fleeing cities and the country. Numbers reported by the government or corporations can not be trusted.
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