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Economy

“China’s Boom Is Over—Beijing Is Making It Worse”

“China’s fundamental challenges—including weak demographics and heavy debts—are indeed tough. But it is also clear that much of what is plaguing China amounts to a nasty cyclical downturn exacerbated by Beijing’s poor policy choices. Tuesday’s big speech by Premier Li Qiang to the National People’s Congress, his first in his new role, gave scant assurance that the government recognizes that—or is willing to change course…”

https://www.wsj.com/world/china/chinas-boom-is-overbeijing-is-making-it-worse-b82f8ec1

The CCP is corrupt. Communism is bad for business. It doesn’t take a rocket scientist to figure that out. The CCP is evil. Any deal they make they will break. The only thing in it’s future is complete and total collapse.

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