Sunday, January 16, 2022

More Evidence That China's Booming Economy Was Potemkin Villages, All the Way Down


As I have previously mentioned, the miracle of Chinese economic growth is looking suspiciously like the unstoppable Japan, Inc. of the 1980s.  This sort of deranged speculative business development predates COVID.  I suspect that the madness and wasted resources show how truly destructive the CCP has been to a productive nation.

1 comment:

  1. Maybe they can't get the computer chips needed for them? Might be why they are so hot to grab Taiwan now...