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It is not only the monumental crisis in the construction industry that is shaking the Chinese economy. Recent economic surveys have revealed that the industrial sector is also continuing to contract for the fifth month in a row. As we can see in monetary policy, the political leadership's solution seems to lie in the massive expansion of the money supply. Well, good luck with that!
Chinese recession = China Great Depression?
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But they plan their economy to grow 5% this year.... lmao
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It's not a secret
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To 99% for sure it is.
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🤫
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