Slow growing economy...discord in the party...the Chinese ‘miracle’ may be about to burst.
It could/might/possibly be that the numbers of ‘suckers’ for Chinese goods and services is starting to ‘noticeably’ decline world-wide.
You know... poisoned pet products, poor quality of manufactured items, poisoned or just possibly poor quality ‘human’ food products.
Or... it could be that manufacturers have found other nations who can manufacturer things for them at an even lower wage rate.
However when speaking of China the biggest thing to remember is that it is much like an Iceberg, 80% of everything is hidden from an outsider. So it could be anything and everything I’ve mentioned. As outsiders we won’t know until the bubble bursts... if then.
“It could/might/possibly be that the numbers of ‘suckers’ for Chinese goods and services is starting to ‘noticeably’ decline world-wide.”
Could be...but I wouldn’t count on it. I think the Chinese have put themselves into a box. They need us to buy their junk...so they keep extending a line of credit to the west. Well now that (ironically) we have a communist in the WH, we aren’t a safe lending bet.
So now what. Despite lots of media attention, China really doesn’t have a huge middle class to buy their own goods.
All they can do now is sell cheap military hardware the 3rd world despots.