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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "Chinese Economy Much Worse Than Expected | US-China: Taiwan, South Korea \u0026 Indonesia" video.
There is no economic activity when the city is locked down. Many small and medium businesses will go broke and employees will have no income. Freedom of movement and freedom of speech are under appreciated until they are taken away. This is a collapse of society and the economy.
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The numbers are bad but they might be even worse. Can the data be trusted to be accurate. China allows too much corruption. Theft of intellectual property is common. They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. You can not trust any numbers produced by companies from China. China's economy is in slow decline. The virus lock downs will speed 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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China is too aggressive with its people, its neighbors and the world. 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.
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