97
The Economist strikes again (www.economist.com)
submitted 6 months ago by yogthos@lemmygrad.ml to c/news@hexbear.net

some obligatory memes

you are viewing a single comment's thread
view the rest of the comments
[-] zifnab25@hexbear.net 33 points 6 months ago* (last edited 6 months ago)

Xi Jinping: "People should have housing and should be able to afford living in their houses."

Ten Thousand Western Op Eds: "This guarantees the inevitable destruction of the Chinese Economy."

Compared with 12 months ago, let alone the go-go years, the mood in China is dour. Although industrial production perked up in March, consumers are depressed, deflation lurks and many entrepreneurs are disillusioned. Behind the angst lie deeper fears about China’s vulnerabilities. It is forecast to lose 20% of its workforce by 2050. A crisis in the property industry, which drives a fifth of gdp, will take years to fix. It will hurt cash-strapped local governments that relied on land sales for revenues and flourishing real estate for growth. Relations with America are steadier, as a phone call between Mr Xi and President Joe Biden this week attested. But they remain fragile. Chinese officials are convinced that America will restrict more Chinese imports and penalise more Chinese firms, whoever wins the White House in November.

s/China/America/g

If AI was worth a fucking damn, I would love to see a LLM applied to this article relative to this absolute dick-sucking machine hagiography of the Saudi Line

We're getting into some weapon's grade parenti-hands as Western economists shit themselves in fury at China while cumming enthusiastically at Saudi Arabia for engaging in the exact same state-centric economic planning strategies.

Nevermind that the Saudis are being driven off a cliff by a 30-year-old Chud Gamer with a fetish for American mega-malls, while the Chinese are getting the benefit of the Immortal Science to inform their planning strategy. You would at least think a Free Market Spank Bank like The Economist would be able to draw a line between the two from a "Oh look! Command Economies!" high level perspective.

[-] Greenleaf@hexbear.net 21 points 6 months ago

And it’s all just vibes-based analysis. It’s not any deeper than “China is socialist, and since socialism doesn’t work and the free market is always more efficient than the government, anything that the CPC does other than unleash full capitalism is doomed to fail”.

[-] yogthos@lemmygrad.ml 21 points 6 months ago

always projection

[-] RyanGosling@hexbear.net 16 points 6 months ago

Relations with America are steadier, as a phone call between Mr Xi and President Joe Biden this week attested. But they remain fragile. Chinese officials are convinced that America will restrict more Chinese imports and penalise more Chinese firms, whoever wins the White House in November.

Why are the Chinese convinced Americans hate them? They’re acting as if the west is racist and capitalists complain about them

this post was submitted on 05 Apr 2024
97 points (100.0% liked)

news

23482 readers
704 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS