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Power Shift
China Observer
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Comments by "Power Shift" (@powershift2024) on "Finished! Unable to Sell Anything, Domestic Demand Dead, 70% Goods Dumped Abroad at Low Prices" video.
Temu, the tofu gutter oil of online junk.
46
A used Toyota or Honda would last 5 times longer than a brand new Chinese made vehicle.
8
BYD.... "Buy, You Die." 💥💥💥
8
I believe that was the 'clean plate' initiative meant to not be wasteful as their national food supplies were at risk from the Ukraine-Russian War and other global factors.
4
They're not buying because their life savings have been permanently erased from the $66 trillion dollar real estate bubble. Chinese household debt has crossed the economic red line of 70%, this doesn't end well for them.
2
To-Fuijan aircraft carrier??? 😮
2
Tofu nation, Tofu future.
1
It's all driven by government propaganda. "We sold more EVs than any other country." What they don't tell you is vast amounts are piled up in fields creating mountains of junk and even more pollution.
1
CCP for the past 20 years, have been the global leader in the dumping of cheap, worthless goods. EVs are just the most recent flavor of this garbage. 🤕
1
They even quit using Vaseline when selling real estate in China. 😮
1