The massive and nonsense is off the charts.
Here’s to an even “luckier” 2024.
The entire article is laughable of course, but I have to just admire the sheer audacity of the last part:
If Xi’s government privatizes inefficient state-owned enterprises, expands access for foreign businesses, and provides more social services and better protection of private property, the economy would embark on a much stronger growth path.
As no such reforms were implemented in 2023, the stalled economic recovery should not have come as a shock. Things could get worse for China in 2024 without new pro-market initiatives. Xi might then have to pray for a bit more luck.
Wow. I wonder why this commentator thinks US/West who already do these things are struggling right now, even more than China?
you’re supposed to just give them money, not buy them up! it’s a sin if the government gets to own stuff for its money…
Its this guy’s job to convince the readers of Business Insider: dentists, chiropractors, sea doo dealership owners, petty land lords-- not to invest in Chinese businesses. If people see China as a place that’s thriving they’ll invest in Chinese markets, which will make it harder to convince these petty bourgeois investors to go to war with China
