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Kenz300 x
China Observer
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Comments by "Kenz300 x" (@KJSvitko) on "Banking Crisis in China Hits Hong Kong, Foreclosures up for 3 Mos, Surpassing Financial Crash Levels" video.
Xi has killed the "Golden Goose" He has moved the country away from a market economy and back to a planned economy with government owned businesses. Unemployment is rising. Property developers are bankrupt. Banks are running out of money. Local governments are broke. The lockdowns caused many small and medium businesses to go bankrupt. Empty shipping containers are pilling up at the ports. Foreign companies and foreign investors have left for friendlier countries. The risks in China are too high. Wolf warrior policies have made enemies of the people, their neighbors and the rest of the world.
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China is too aggressive with its people, its neighbors and the world. This aggressive behavior has consequences. This is bad for China and the world. It is much better to get along with others and solve differences by trying to develop a win - win solution. Win - lose solutions are bad for people and the planet. We all need to get along and quit trying to lie, cheat or steal to get ahead in life. China has poisoned its air, land and water resources abusing its people, nature and the environment. Xi has killed the "Golden Goose" He has moved the country away from a market economy and back to a planned economy with government owned businesses. Foreign companies and foreign investors have left for friendlier countries. The risks in China are too high. Supporting China's excess manufacturing capacity is bad for the world. China's huge subsidies to their manufacturers are meant to hurt any competitions and give them out of business. Free and fair competition is not understood or practiced in China. The rest of the world needs to stand up to their unfair subsidies or loose their own manufacturing base.
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