Comments by "L BA" (@lambertois11) on "China Reopening Spillover Hasn't Played Out as Much, JPMorgan Says" video.

  1. In the past, the China GDP growth was propelled by investment in real estate and infrastructure. This growth model is not sustainable and resulted in massive non-profitable investment. The China real estate market is broken beyond repair. The world has seen video of ghost cities full of unoccupied buildings and rotten tail unfinished buildings. The CCP is persisting on the broken investment growth model, instead of adapting to the consumer GDP growth model. A consumer GDP growth model would require structural reform. But structural reforms are not in Xi Jinping agenda.
    3