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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "Chinese Economy Era of High Growth Has Ended Argue Economists | US-China Semiconductor Ban" 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.
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The economy is in decline. The virus lockdowns will make it worse. The property PONZI scheme has collapsed. Foreign Investors, foreign corporations and foreign bond holders are moving investments to other more favorable and less restrictive countries.
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@naguoning The government policy risks are too high. Look at what happened to the tech sector and the company leaders. Jack Ma is a good example. He stepped down from leadership and has been invisible.
3
There is no economic growth. Building more empty buildings and more empty cities and projects will not save the economy. This end of construction projects will ripple thru the rest of the economy. Higher unemployment will hurt any chance for growth.
1