Comments by "Kenz300 x" (@KJSvitko) on "Why China’s Economy Shocked Many In 2023 | China Year In Review" video.

  1. 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.
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  2. China's economy is much worse than people are reporting.
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