Breitbart: China’s manufacturing activity slowed again in November, casting a pall over what the state-run Global Times awkwardly dubbed “Xiconomics,” the economic agenda of dictator Xi Jinping.
The Global Times was all smiles as it reverently reported on Xi’s “exciting” inspection tour of Shanghai, praising the maximum leader for his focus on “high-quality financial development, scientific and technological (sci-tech) innovation, and improvement of people’s livelihood.”
“The inspection trip offered yet another strong signal of the country’s top economic development priorities and profound encouragement to businesses and workers in the main economic hub and across the country, at a critical juncture when the country pursues high-quality development and Chinese modernization amid major shifts in the international geo-economic landscape,” the Global Times gushed.
“The General Secretary’s trip to Shanghai shows that the top leadership of the central government pays great attention to financial and sci-tech development. Shanghai is relatively advanced in these aspects and is also in a critical period of development,” said Shanghai University of Finance and Economics professor Xi Junyuang, striving diligently to make that “sci-tech” coinage happen. more
Only because we can’t afford to buy anything except groceries and housing.
“When America sneezes, the World catches a cold.”
And the Demonrats (along with the ChiComs) are making America mortally ill.
mortem tyrannis
izlamo delenda est …
Looks like when they installed biden the comchinks end up with their shitbirds coming home to roost!
“The Global Times was all smiles as it reverently reported…”
We have that same media phenomenon here.
“…the state-run Global Times…”
We have that also.
Biden and his idiot press secy – and that other idiot Newsom – are ripping off Xi’s gaslighting routine.
“Only because we can’t afford to buy anything except groceries and housing.”
Is that so, how come were I live everyone is driving brand new vehicles. Not low end ones either. Someone told a friend who then told me, If some lazy asses get a job instead of trying to live off the gummermint & their subsidies, all of America will be better off. Of course there are the red states that still live by trickle down you pantleg economics which is complete bullshit. The rich get richer & tell everyone else to fuckoff. Cry about it but have no viable solutions. But the real kick in the pants, they support their party who’s leaders give themselves a pay raise who lie like used car salesmen & do pretty much nothing else, lie, lie, lie & lie again. Oh but our FUCKING liars are so much better than your liars. BULLSHIT!
Well, I’m a manufacturer and I can tell you this, China’s economy hinges on manufacturing. Trump hurt them bad with his raw material sanctions, many of which are still in place. Captain Brain dead has killed the general manufacturing economy domestically. What’s left is Military/Aerospace. And you can’t use anything China due to DFAR regulations so yea, China kinda fucked themselves by aiding in Bidens appointment.
Time for China to devalue the Yen yet again to make their crap yet cheaper so more will buy them.
Pogo
China hit critical mass about 6 months ago. Maybe longer. Just watch Black Rock.