Comments by "Kenz300 x" (@KJSvitko) on "Who Killed China's Economy? Pettis vs Posen China Slowdown Debate" video.

  1. China will no longer be the manufacturer of the world. 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. Economic numbers produced by the government can not be relied on for making investments. The economy is much worse than reported.
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  2. Xi has been in power for over 10 years. He has no one to blame for poor policies but himself.
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