Capital Flees China In Record Crash; BRI & Pakistan Unrest; Michael Spence on China - China Update

[TexasTowelie]

00:00 Introduction
00:12 Chinese Economy I: Investment
02:51 Pakistan Unrest
06:47 Chinese Economy II: Michael Spence Interview

[OAITW r.2.0]

1. The CCP fucked themselves.

HK/Shanghai led the way into the 21st Century, then the equivalent of our Republican Party, fucked it up. This is what happens with 1 Party Autocratic rule. Democracy is messy, but it is the only real hope for the future.

[soryang]

2. The crash oft predicted that won't happen

The West's obsession with China's economic downfall has been ongoing for over 30 years.
1990. The Economist. China's economy has come to a halt
1996. The Economist. China's economy will face a hard landing
1998. The Economist: China's economy entering a dangerous period of sluggish growth
1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy
2000. Chicago Tribune: China currency move nails hard landing risk coffin
2001. Wilbanks, Smith & Thomas: A hard landing in China
2002. Westchester University: China Anxiously Seeks a Soft Economic Landing
2003. New York Times: Banking crisis imperils China
2004. The Economist: The great fall of China?
2005. Nouriel Roubini: The Risk of a Hard Landing in China
2006. International Economy: Can China Achieve a Soft Landing?
2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing?
2008. Forbes: Hard Landing In China?
2009. Fortune: China's hard landing. China must find a way to recover
2010: Nouriel Roubini: Hard landing coming in China
2011: Business Insider: A Chinese Hard Landing May Be Closer Than You Think
2012: American Interest: Dismal Economic News from China: A Hard Landing
2013: Zero Hedge: A Hard Landing In China
2014. CNBC: A hard landing in China
2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing
2016. The Economist: Hard landing looms for China
2017. National Interest: Is China's Economy Going To Crash?
2018. The Daily Reckoning. China's Coming Financial Meltdown
2020. NYT. Coronavirus Could End China's Decades-Long Economic Growth Streak
2021. Bloomberg. Chinese economy risks deeper slowdown than markets realize
2022. Bloomberg China Surprise Data Could Spell R-e-c-e-s-s-i-o-n
2023. Bloomberg. No word should be off-limits to describe China's faltering economy
...
Yet it's already 2024 and China's economy is still going strong.

Still waiting