Comments by "Kenz300 x" (@KJSvitko) on "Hong Kong Businesses Flee China as Decades-Old Factories Collapse, Signaling the End of an Era" video.
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China will no longer be the worlds manufacturer. The risks are too high.
Foreign corporations and foreign investors have already left for India, Thailand, Vietnam, Mexico, Canada or the USA where rule of law exists.
Lie, cheat and steal are all too common today.
China allows too much corruption. Theft of intellectual property is common.
You can not trust any numbers produced by companies or the government from China.
China's economy is in slow decline. The virus lock downs sped it up.
Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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