The Chinese Government so manipulates their own employment and production numbers that no serious economist in North America / The United States takes anything they report seriously anymore. They are known to LIE. Why would anyone think they're telling the truth here? They've been under-stating the problem from the beginning and it's likely far, far worse than they're letting on.
Grave means grave.
Grave more than likely means they've lost complete control and they've no idea how to contain it.
“Grave more than likely means they’ve lost complete control and they’ve no idea how to contain it. “
That’s what I’ve been saying all along. For like a week now.