Politics China's Economy and Politics

My sons partner whom is a woman is employed by a company that does AI imagery. All their clients and this list runs from movie stars to biggest companies have changed and won't touch any outsourced Chinese work.
 
Chinas economy doesn't get really going...


China’s economic recovery in doubt as industrial output falls short​

Data adds to growing sense that Chinese economy has failed to fully recover after removal of zero-Covid policies



This is ..well ..


The CCP even felt compelled to counter that through their party organ GTCN

 
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I have a similar view since many years already.

Some put all their eggs in the China basket. You will never hear the real story from them.

Though if you open your eyes the discrepancies are massive.

Not talking about the unfeasibility to manoeuvre such an autocratic moloch into perpetual and self sustaining progress.

It has deeply engrained traits making it impossible.

The fact alone that chatGPT has to learn not to critize the CCP...says all you need to know about Chinas future.

It has to learn all those not fitting together propaganda lies and accept them..... good luck! 😂
 
Last night the selectively totalitarian minister for horse racing personally chose the internet processing system for the sole betting agency here that has a monopoly.

Govt happy to back a barbaric sport that rides on the back of injured horses and the slow ones go to the pet food shop, that relies and promotes gambling.

On a local version of ebay there is Chinese made stuff for the same price as in China. Their mercantile behavior gets a free pass.
A headlight for $12 and one that looks and functions similar is $600 in shops. Not too far off those high end brands will be dead. We will not know what further innovations they would have created.
 
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It ain't like the Chinese are the only ones to paint their scenery.
 
More contradictions despite rising production no profits are made

27.05.2023

10:26

CHINA

China's industrial profits slump 18 percent in April

China's industrial sector is in a downward trend. The world's largest PC maker Lenovo has laid off nearly nine percent of its workforce due to a lack of profits.

 
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Was looking through alibaba the other day and saw this supplier,... severe cold metal products. Wuhan.
 




They have deflation don't know what easying should achieve, the point is no one is buying no matter how cheap.

Their system seems thoroughly broken. No self correction capacities.
 

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