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“ China’s exports to the United States plunged by 35 percent in May compared to a year earlier, according to Chinese customs data.

“China’s once bright spot is now in question,” Bass said. “I actually am surprised it’s not down more.”

China has also been hit hard by capital flight.

In 2024, Bass said, China experienced a massive outflow of both foreign direct investment (FDI) and portfolio investment totaling about $500 billion, pointing to the gap between its trade surplus of about $980 billion and its current account surplus of about $420 billion.

China is also facing unsustainable debts. When combining China’s sovereign debt and local government financing debt, Bass estimated that the country’s debt-to-GDP ratio should be roughly 350 percent, which he said is difficult to manage considering the various economic challenges.“ https://www.zerohedge.com/geopolitical/chinas-econ...

If people ever rise up - - even against the Liberals who who drive tanks over them in Tianamen's Square.....

Be afriad.

If China ever had a Reagan Revolution, we would be toast ---but man we'd be put in our place and it would be saddening.

Keep them Liberal-Sheeple-Communist as long as possible.

Bass is talking his book. He’s had a huge, ongoing bet against the Chinese economy since 2010.

Yes, China has been struggling for any number of reasons due to huge misallocations of resources, and has been struggling for a number of years.

Trump’s tariffs are only one factor.

And speaking of misallocation of resources, Trump is gearing up to outdo Xi on that score-

Trump is proving to be a good communist in that respect

It’s the most amazing transformation of an American political party. The real communists are accusing everyone else of being Marxists.

Fuck these idiots. They need to be shown the door

It’s the most amazing transformation of an American political party. The real communists are accusing everyone else of being Marxists.

lol

“ China’s exports to the United States plunged by 35 percent in May compared to a year earlier, according to Chinese customs data.

China's export growth slowed to 4.8% year on year in May, down from 8.1% YoY in April. The data came in a little softer than market forecasts, and brought year-to-date export growth to 6.0% YoY.

“China’s once bright spot is now in question,” Bass said. “I actually am surprised it’s not down more.”
Not because of only 6% growth.

China has also been hit hard by capital flight.

In 2024, Bass said, China experienced a massive outflow of both foreign direct investment (FDI) and portfolio investment totaling about $500 billion, pointing to the gap between its trade surplus of about $980 billion and its current account surplus of about $420 billion.

Look at that trade surplus. China itself has become much more of a consumption economy. They've managed to keep it up. I have seen articles that say certain zones in China go through contractions, but not the whole economy. I remember a long time ago listening to someone going to China to produce Porsche motorcycle helmets. Listening to him describe the manufacturing system he'd seen. Had another friend who long ago assisted a millionaire who was a middleman for Chinese watches long in an accounting and contract spat with Deloitte and retailers. Someday, China will have a recession. I've wondered if that will make invasion of Taiwan more tempting - as a distraction.

China is also facing unsustainable debts. When combining China’s sovereign debt and local government financing debt, Bass estimated that the country’s debt-to-GDP ratio should be roughly 350 percent, which he said is difficult to manage considering the various economic challenges.“ https://www.zerohedge.com/geopolitical/chinas-econ...

It's difficult, but the Chinese have shown themselves to be adept - depending on who you are listening to. And their CPI sometimes goes negative, go figure.

wzambon: It’s the most amazing transformation of an American political party. The real communists are accusing everyone else of being Marxists.

Dope1: lol

Trump: "In China, you know how long it takes? One day. It's called President Xi. 'Boom. It's okay.' Over here we're gonna have almost the same thing. We're getting fast approvals."

The Trump Cult watches Mad King Donald keep going on and on about how much he hates our democracy, listens to him constantly bad mouthing America and its core values, and hear him tell them in his own words that he's going to model America after communist China and the best the cult can do is laugh about that clearly stated desire to transform democracy into communism with a dismissive "lol".

...the best the cult can do is laugh about that clearly stated desire to transform democracy into communism with a dismissive "lol".

As you pointed out: IT'S A CULT!

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