Comments by "" (@advancetotabletop5328) on "China’s Largest Industrial City Collapses! Major Factories in Suzhou and Dongguan Shut Down" video.

  1. Most developing countries go through three stages: Agriculture, Industry, and Service. China is stuck at the Industry stage, because of CCP ties to businesses indunstry. As a result, money spent for China‘s GDP is through infrastructure, not domestic consumption. which happens in a Service economy. I remember business articles decades ago saying that China will increase its domestic consumption. And Xi’s push for well-educated youths implies he expected China to be in a Service economy now. But, as you can see from the video — as well as the CCP’s no longer releasing unemployment data — there is little domestic consumption, a sign of China‘s failure to reach a Service economy.
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