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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "China on Israel-Palestine | Chinese Economy: Stock Market Bailout Talk | Cheng Lei" video.
Foreign investors and corporations need to divest from China. There are much better and safer countries to invest in. India, Mexico, Canada,Thailand and Vietnam are all seeing increased investments.
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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.
1
China is not investable now. The risks are too high. There is no rule of law. Lie, cheat and steal are too common. Numbers provided by corporations or the government can not be trusted to be truthful.
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