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Irish_Dem

(65,609 posts)

7. By reputable accounts, China's housing crisis, municipality spending, covid lockdown, etc are valid.

Reply to ancianita (Reply #6)

Thu Jan 2, 2025, 03:35 PM

Jan 2

Their huge military buildup, debt/loan traps.

I myself have spent time in China and seen firsthand, town after town of empty brand new housing.
Seen first hand all the overspending on infrastructure.

I also have some Chinese neighbors who just came to the US and confirm with first hand accounts
the serious economic problems in China.

China is doing everything it can to stifle criticism of their tanking economy.
Putting a great deal of pressure on Chinese economists to be quiet about it.

Of course there are American spy assets in China.
Just like in Russia.