CCP should keep this wolf warrior Ambassador so that will have more enemy than friends. CCP pets and evil supporters please do your job to convince the evil keep him long long time.

We ask the French Minister of Foreign Affairs to declare the Chinese ambassador to France Lu Shaye persona non grata'

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https://www.lemonde.fr/en/opinion/article/2023/04/23/ms-colonna-we-ask-you-to-declare-the-chinese-ambassador-to-france-lu-shaye-persona-non-grata_6023969_23.html

ear Minister Colonna,

We write to raise to your attention our shared call for the French Government to take decisive steps in response to the aggressive comments made by Chinese Ambassador to France, Lu Shaye, which clearly violate international law and must be seen as a threat against the security of European partner countries of France.

Ambassador Lu Shaye asserted publicly that former Soviet Republics lacked effective status in international law, arguing specifically that there is "no international agreement to materialize their status." Such comments go well beyond the boundaries of acceptable diplomatic discourse. This is wolf warrior activity at its worst and should not go unanswered.

Aside from representing a profound insult to the history, culture, and fundamental integrity of the nations concerned, the Ambassador’s words seek to undermine the core principles upon which predictable diplomatic relations depend. It is not for China - or any other nation - to call into question the sovereignty of others. Sovereignty is not a diplomatic plaything, but the indispensable core of international relations, international law, and the United Nations Charter.

At a time when a war is raging in Europe as a result of Russia's assault on the territorial integrity of its neighbor Ukraine, it is imperative that the democratic world deliver an unequivocal message to authoritarian nations in defense of the sovereignty of our allies.

This is not the first time Ambassador Lu has made scandalous and derogatory remarks. He claimed recently that the Taiwanese people should be "re-educated" after coming under Beijing control. In recent memory the French Government has acted swiftly to expel diplomats who have acted inappropriately. It is therefore with precedent in mind that we call upon you to declare Ambassador Lu Shaye persona non grata immediately as a response to his completely unacceptable behavior.

We hope you will take these steps to underscore France's commitment to the central values which unite us not only in Europe but also with like-minded partners elsewhere.

China’s Grand Peace Plan for Ukraine Falls Flat? | Vantage with Palki Sharma

https://youtu.be/cb7rhIslDVQ

U.S. precision attack on the Fatal flaw in China's AI development/Wave of chip companies collapse

https://youtu.be/xJXjnZdNGAo

遼寧男祭祖發現墓地全是「人」；最大地下商業街「武漢地一大道」倒閉；女士吐槽中共專家研究怎麼對付老百姓；鄭州富士康現狀；南京各行各業哀嚎一片

https://youtu.be/ytGq1E7PvuM

What a pity, CCP pets dont agree what CCP said to distanced itself from the unacceptable remarks by its ambassador. All evil supporters do not how to response already. ha .........

CCP pets don't know how to command chinese wording what a shame.

Vietnam: More factories in China are moving to and population to hit 100M/Why it rise quickly?

https://youtu.be/lEda7hbFcGQ

Republic bank depositors able to withdraw their hard earn money unlike CCP local bank depositors can't withdraw their money.

中国不断有人负债自杀，身边很多人和家庭都在破产，什么情况，怎么办？短短几年中国变成这样

https://youtu.be/lQ3mSSyiTh8

Posted by foongsh > 1 hour ago | Report Abuse

Stagflation is characterized by rising prices and slowing economic growth or high unemployment. Fallen into bad debt trap and no money spending to boost up domestic consumption.

Evil CCP very sick just take care of white elephants and ignore their citizens.

Question: If a person not work for the evil factory why can't he tell the truth ? or If a person work for the evil factory why can't he tell the truth ? very very pity it shows that the evil sopporter is hopeless and anxious. He knows that it was a truth but have to deny it because he can't answer it.

Posted by foongsh > 4 minutes ago | Report Abuse

That's why the citizens refuse to get married and declined in populations, aging issue slow down the productivity. Couples not able to support their babies education and living.

This is very truth and all proven in the videos.. hundred of videos posted almost everywhere in China. Evil supporters are very anxious, helpless, angry, fear, lonely etc. because he knows all these videos are true and happened. nowhere he can deny it.

Posted by foongsh > 3 minutes ago | Report Abuse

https://www.youtube.com/live/P1JmaMrbpV8?feature=share

广州经济死了比鬼城还恐怖，烂尾楼越来越多买房者集体崩溃

Due to stop paying housing loan local bank running out of cash, depositors can't withdraw their own money. Very pity

Posted by foongsh > 2 hours ago | Report Abuse

If Xi owned signature white elephant so huge, CCP will still continue to feed his pet kaw kaw. Just let their citizens eat grass loh.

CCP facing stagflation worse than inflation. Most people jobless, pay cut and stop paying housing loan in bad debt without purchasing power this is sign of bad recession. What to do, the evil leader pushing all the friends become their enemies. Only with evil brother Putin and Kim facing a strong enemy alliance.

Posted by foongsh > 2 hours ago | Report Abuse

Beijing has no guts to support their Chinese ambassador to Paris Lu, it seems like foreign ministry spokesperson Mao Ning demonise CCP. She must be CIA agent.

Aiyo ... CCP suddenly u-turn to distanced itself from the unacceptable remarks by its ambassador. All evil supporters do not how to response already.

Posted by foongsh > 3 hours ago | Report Abuse

Plenty of white elephants. not enough to feed their people jobless ........

CCP first priority to keep their power and do publicity for show. Rakyat always last and nobody care.

In order to win the evil sent numbers of wolf warriors to suppliers, contractors, factories to carry out cheap lip services and challenge the largest evil. Due to very rude attitude and bad behavior, eventually they all fed up with the evil and join the largest evil as an alliance to against the evil. The evil crying mother crying father they were very democratic, polite, gentle, peaceful, polite, friendly, helpful, why the entire world against the evil ?

Telling the truths and facts are not a discrimination, no matter what race and nationality you are. Telling lies with own ego and intention are evil.

Telling the truths and facts are not a discrimination, no matter what race and nationality you are. Telling lies with own ego and intention are evil.

$300B in Debt! The province is forcing central government to bail it out, but CCP has no more money.

https://youtu.be/7Sf4VkQgBKg

China’s Trillion-Dollar Project Has Failed | Thousand-Year Key Project |Suspended Mega Project

https://youtu.be/8djG1HUrLC4

No money to settle elderly pensions & insurance. No money to settle home buyer abandoned housing project. No money to settle jobless and pay cut. Waste a lot of money to feed white elephants. Father of white elephant.

UPDATE 1-China's Wanda chairman quoted on HK IPO challenge, bonds lose more on liquidity concerns

HONG KONG, April 24 (Reuters) - Chinese commercial property developer Dalian Wanda Group’s dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit’s Hong Kong listing and its impact on the group’s liquidity.

Wanda chairman Wang Jianlin, once China’s richest man, told an internal meeting on Friday that the unit’s IPO was facing difficulties, and vowed to cut the company’s debt in the next two years, according to one attendee and another person familiar with the speech.

Wang said Wanda would stop acquiring land and halt new property management projects, one of the people added. They declined to be named as they were not authorized to speak to media.

Wanda declined to comment.

Notes due July 2023 of Wanda Properties Overseas dropped to 90.472 cents on the dollar by late Monday from 92 on Friday, according to Duration Finance.

The 2024 notes issued by Wanda Properties International Co slipped to 70.571 cents, while the 2025 notes and 2026 notes issued by Wanda Properties Global earlier this year declined to 59.701 and 56.665, respectively.

Zhuhai Wanda Commercial Management Group Co Ltd, a unit of China’s largest commercial property developer, has applied for an initial public offering in Hong Kong, but now also needs Chinese securities regulator’s approval under new rules introduced this year.

It is not clear when the approvals will be forthcoming.

Debtwire reported last week Wanda was talking to creditors of three offshore loans totalling $1.3 billion about waving their option to demand early repayment if its unit fails to complete the IPO by early May.

A source close to Wanda said on Monday it has agreed with the creditors to extend the IPO deadline to Nov. 30, averting a near-term repayment risk.

Wanda unit’s IPO timing has also drawn scrutiny of China’s securities regulator.

The China Securities Regulator Commission questioned in late March Wanda’s short-term repayment ability. It cited Zhuhai Wanda’s Hong Kong IPO application documents saying that if it fails to list by end of 2023 it will have to repurchase shares worth 30 billion yuan ($4.35 billion) from its pre-IPO investors.

Wanda was given three months to respond.

The author of the article marked it as "Military Fan Assembly", not only saying that what the American military "commentator" said was not wrong, but also saying that this was true not only for the Liaoning, but also for the Shandong and Fujian, because they used steam turbines as A common problem with conventionally powered aircraft carriers.

The article said that the steam turbines used in China use heavy oil to heat 60 tons of water into steam, so it takes a long time to start up. It takes 48 hours for four TB-12 boilers to boil the water before reaching full capacity. Power status; therefore, aircraft carriers such as Liaoning, Shandong, and Fujian need 2 days of preparation time during wartime.

The article also compared the aircraft carriers of various countries, saying that there are two A-4W nuclear reactors on the USS Nimitz aircraft carrier, and the start-up time is very short. It only takes 2 hours for the Nimitz to reach full power.

The article also stated that France's Charles de Gaulle nuclear-powered aircraft carrier also took a short start-up time of about one hour; the British aircraft carrier HMS Elizabeth uses a gas turbine, which has the shortest start-up time and can be started instantly as long as it is fueled and ignited.

Radio Free Asia reported that the above-mentioned article has not been found yet, but there is still an article titled "It took 48 hours to boil water, and the war is over and you haven't arrived at the battlefield?" .

Shen Zhou, a writer on the Epoch Times website, pointed out that the author of the pseudonym "Military Fan Assembly" should be a member of the Chinese military, not an ordinary military fan, so he is clear about the specific equipment parameters of Chinese warships.

When China was hyping up the PLA Navy’s equipment on the 23rd Navy Day, the Hong Kong media reprinted an article that revealed that it took 48 hours for the Chinese aircraft carriers Liaoning, Shandong, and Fujian to start. The main reason is to heat 60 tons of water into steam. There is a way to start the steam turbine, and the relevant situation has long been seen by the United States. Recently, the "Toutiao News" website of the Hong Kong media "Sing Tao Daily" reprinted many Chinese media articles promoting the People's Liberation Army Navy, entitled "As China celebrates the 23rd Navy Day with great fanfare, the Hong Kong media reprinted the article and broke the news that the Chinese aircraft carriers Liaoning, Shandong and Fujian all take 48 hours to launch, far behind the aircraft carriers of the United States, Britain and France, which only take 2 hours at most.

The picture shows the Liaoning near Hong Kong in 2017.

(AFP)

[Compilation of Yang Fuyi/Taipei Report] While China was hyping up the PLA naval equipment on the 23rd Navy Day, the Hong Kong media reprinted an article that revealed that it would take 48 hours for the Chinese aircraft carriers Liaoning, Shandong, and Fujian to be launched. Only when the water is heated into steam can the steam turbine be started. The relevant situation has long been seen through by the United States.

Recently, the "Headline News" website of the Hong Kong media "Sing Tao Daily" reprinted many Chinese media articles promoting the People's Liberation Army Navy, titled "Boiling water for 48 hours, and the war has not yet left Hong Kong? Is the power of the Liaoning ship really the world's most backward?" The article quoted the "American Military Commentator" as saying: It takes 48 hours for the Liaoning to launch.

China is Operating Illicit Police Stations Inside the US - Why Are They Still Allowed to Be Here?

https://youtu.be/VMPqqZJZ0cE

CCP rules the world by its own Laws ie. Jungle Laws

China Ambassador's comments: Beijing affirms ex-Soviet nations' sovereignty after uproar

https://youtu.be/I9u05Lri1ec

This is why CCP creating so many enemies and pushing all countries to form alliance against them.

Malaysia oil production is for export, for domestic consumption bought from Middle East. Just guest who makes money ?

Refusing Putin's war: The Russians fleeing to Kazakhstan | 101 East Documentary

https://youtu.be/4tEWIoxVsyI

1.3 Million People Flee to Vietnam, China Is Now Facing Its Largest Unemployment Push in History

https://youtu.be/nZjRsEmOiqY

A Security Council Resolution is considered to be 'a Chapter VII resolution' if it makes an explicit determination that the situation under consideration constitutes a threat to the peace, a breach of the peace, or an act of aggression, and/or explicitly or implicitly states that the Council is acting under Chapter VII in the adoption of some or all operative paragraphs.[9]

The list of Chapter VII interventions includes:

-United Nations Security Council Resolution 82 (Korea)
-United Nations Security Council Resolution 1267 (Afghanistan)
-United Nations Transitional Administration in East Timor
-United Nations Mission in the Democratic Republic of Congo
-International Criminal Tribunal for Rwanda
-United Nations Mission in Sierra Leone
-United Nations Assistance Mission for Rwanda
-United Nations Angola Verification Mission II
-United Nations Operation in Somalia II
-United Nations Monitoring, Verification and Inspection Commission
-United Nations Protection Force (former Yugoslavia)
-Oil-for-Food Programme (Iraq)
-United Nations Stabilisation Mission in Haiti
-United Nations Security Council Resolution 678 (Gulf War)
-United Nations Security Council Resolution 1973 (Libya)
-United Nations Security Council Resolution 502 (Argentina)
-Special Tribunal for Lebanon

中國14億人口8億人負債4億人違約

https://youtu.be/T_flr_KSzgA

1.4 bilion population 800 million population in debt 400 million debt default.

Why the IMF is Worried About China's Economy

https://youtu.be/NAgP-l3k7Ec

China’s real GDP is less than half of what the Chinese government claims it to be

https://www.youtube.com/live/TRawl73xWBQ?feature=share

Posted by foongsh > 9 minutes ago | Report Abuse

Last year graduates 12 millions new born babies 9 millions.. population aging without ....

Wolf worrier diplomats provoke most of the countries will make economy worse, the rise of India & ASEAN due to global chain restructuring is happening. Malaysia take over CCP GDP per capital in 3 years.

Trainwreck! BYD's 2023 Blade Batteries Catching fire!

https://youtu.be/qKa8mVOe5so

silly qqq does not know your own language and culture.

完了！中國幼兒園出現關停潮。韭菜不願自己的後代還做韭菜，乾脆連韭菜籽也不留了。倒閉潮斷供潮欠薪潮，一潮比一潮洶湧。出生人口銳減，學區房房價開始暴跌。對未來絕望的年轻人宣言「這是我們最後一代」小粉紅人礦

https://youtu.be/n7O9yVqqm7w

Due to shortage of new born babies many kindergardens close shop. Jobless and pay cut and high housing loans youngsters don't get marry.

Posted by foongsh > 3 minutes ago | Report Abuse

The evil CCP fallen into the trap of old fox Biden, the more aggressive the more countries join EU & US alliance. really silly and never study ancient history.

The evil CCP is very rude and unwise carry out wolf warrior diplomat without any strategy. Pushing all countries towards US & EU alliance. This is the disadvantage being a dictator country only listen to one leader and follow blindly silly leader instruction. Other people dare not to tell the truths and facts.

Posted by foongsh > 3 minutes ago | Report Abuse

The silly evil CCP keep on pushing his friends towards EU, ASEAN, Japan, US and Taiwan. Great job. Please continue your hard work...

Before an evil destroyed, the evil will be crazy and think that all countries are their enemies. Finally only Putin will CCP as evil alliance.

Posted by foongsh > 2 hours ago | Report Abuse

CCP worry too many friends without enemy ? CCP keeping on fighting with his own shadow, the more the evil fight the more enemies. At last crying the entire world bully CCP. The evil supporters keep on crying for "peace". Very pity.

CCP evil following his brother Putin evil plan to revover the Great Ancient Empire dream by creating more and more enemies.

The spokesperson added that China will have to clarify whether these comments reflect its position or not.

The three Baltic states and Ukraine, all formerly part of the Soviet Union, reacted along the same lines as France.

"It is strange to hear an absurd version of the 'history of Crimea' from a representative of a country that is scrupulous about its thousand-year history," Mykhailo Podolyak, a senior Ukrainian presidential aide, wrote on Twitter.

"If you want to be a major political player, do not parrot the propaganda of Russian outsiders."

China's foreign ministry did not immediately respond to a Reuters request for comment.

Paris, Kyiv, Baltic states dismayed after China envoy questions Ukraine sovereignty

PARIS, April 23 (Reuters) - France, Ukraine and the Baltic states of Estonia, Latvia and Lithuania expressed dismay after China's ambassador in Paris questioned the sovereignty of former Soviet countries like Ukraine.

Asked about his position on whether Crimea is part of Ukraine or not, Chinese ambassador Lu Shaye said in an interview aired on French television on Friday that historically it was part of Russia and had been offered to Ukraine by former Soviet leader Nikita Khrushchev."These ex-USSR countries don't have actual status in international law because there is no international agreement to materialize their sovereign status," Shaye added.

France responded on Sunday by stating its "full solidarity" with all the allied countries affected, which it said had acquired their independence "after decades of oppression".

"On Ukraine specifically, it was internationally recognized within borders including Crimea in 1991 by the entire international community, including China," a foreign ministry spokesperson said.

S.Korea Summons Chinese Ambassador Over Reaction to Yoon's Taiwan Remarks

SEOUL (Reuters) - South Korea said on Thursday it summoned China's ambassador to protest at Beijing's criticism of South Korean President Yoon Suk Yeol's remarks on Taiwan.

The move came after China and South Korea exchanged harsh words over Yoon's comments in a recent interview with Reuters.

In an exclusive interview with Reuters, Yoon said increased tensions around Taiwan were due to attempts to change the status quo by force, and he opposed such a change.

"The Taiwan issue is not simply an issue between China and Taiwan but, like the issue of North Korea, it is a global issue." Yoon said.

Asked about Yoon's comments, the Chinese foreign ministry denounced Yoon and called on South Korea to "prudently handle matters" related to Taiwan."Its resolution (of the Taiwan issue) is a matter for Chinese who do not need to be told what should or should not be done," spokesperson Wang Wenbin told a regular news briefing on Thursday.

Hours later, South Korea's foreign ministry hit back and said comments by the Chinese foreign ministry were "unspeakable".

A vice foreign minister called in Chinese Ambassador to South Korea Xing Haiming and strongly protested what South Korea called "diplomatic discourtesy", the South Korean foreign ministry said in a statement.

On Sino-U.S. rivalry, the South Korean leader has trodden cautiously, with China being South Korea's largest trade partner, but he has been more vocal over tension in the Taiwan Strait.

Tensions over democratically governed Taiwan, which China views as its own territory, have spiked over the past three years as Beijing ramps up diplomatic and military pressure to get Taipei to accept Chinese sovereignty.

Good that the CCP evil keep on sparking the heats all over the world if this is the only way to change the current world system.

Posted by foongsh > 1 hour ago | Report Abuse

CCP evil is fighting with his own shadow, the more the evil fights the more enemies. CCP evil crying the world is bullying him. Very pity.

CCP always said the current system no good wanted to change the rule of the game. When the world take action against CCP then crying father crying mother lah ... hegemony lah..

“That is to say, amid a shrinking private demand, prices will definitely go down, so will inflation, and even deflation will occur. Once deflation occurs, it will be hard for the government to find any tools to deal with it.”Fan said that price weakness in China is an inevitable phenomenon. The reason why balance-sheet recessions are difficult to clean up once they occur, and usually last for a long time is that they form a vicious cycle.

“The vicious cycle means that prices don’t rise, or in a worse case, a deflation leads to negative price growth. This will greatly discourage investment, and poor investment will create fewer jobs, so private consumption will further deflate,” he said.

‘An Economic Nightmare’
Fan explained that the economic mechanism of society has a cyclical nature. China is now in a cycle of balance sheet recession, with prices, investment, and other economic factors falling. As the government adopts austerity measures due to its lack of money, everything is shrinking.

“The shrinkage of one variable leads to that of another, and the cycle continues,” he said. “It’s an economic nightmare.”

“That is to say, the winter has come for the Chinese economy. It has come for a long time, and it’s going to feel colder and colder now because all the indicators are starting to move in that direction, and a cycle is slowly emerging. Once the cycle starts, it’s going to last quite a long time.”Fan said the CCP’s numbers are dismal even if they have been “glorified.”

“Nobody knows the actual numbers,” he said, “but from all indications, it looks very bad. I think one important expectation is that these phenomena will not change in the short term.”

“The balance sheet recession is a particular recession,” he said. “It’s a very troublesome one, and it’s a very large one.”

“The volume of the CCP’s local debts and real estate bubbles [is] very large … so large that it cannot be absorbed in a short period of time.”

Consequences of Balance-Sheet Recession. the consequences of a bubble bursting are severe in the short term because the government does not usually intervene too much in the market. However, the Chinese market is different, since the CCP controls all sectors.

“So what the CCP is doing now is preventing [companies] from going out of business, because there will be a chain of closures,” he said.

For example, if A lends B $1,000, B then has the ability to lend that $1,000 to C, and so on, and the debt can continue to cycle.

However, when that cycle is interrupted or collapses, he said, “A closure chain will follow the collapse, and the last guy will say, ‘I can’t make money. I have a loss and I can’t pay that $1,000 back.’ Then it comes back from D, C, B, A. Nobody can pay their debts.”CCP’s approach is to prevent companies from closing by using a variety of tools to extend debt maturities. The CCP’s assumption is that there will be no chain reaction as long as companies do not close down.

On the contrary, Fan said, this strategy only reduces the intensity of the problem, instead of solving it, “because debts have to be paid sooner or later, and someone has to pay them.”

“In the past, China’s economy was largely driven by a lot of debt issuance, including housing,” he said, but “that cycle has stopped now because the housing market is coming down, the economy is shrinking, and the overall economy of the whole society is going down.”

Fan noted that when debt problems arise, the first challenge an individual or a company faces is the inability to borrow money.

“In other words, his or her entire economic activity is limited,” Fan said. “The investments and activities he or she can do are limited, so investment will decrease.”

Secondly, consumption will decrease. With too much debt, both individuals and businesses cut back on spending, leading to a drop in consumption. When there is less consumption on all fronts, prices will fall.

“The core of the problem is debt issuance,” he said. “Debt is an interesting thing. It’s a very important factor in economic growth.”

“For example, if I have a company and want to develop a project, I am not likely to use my own money. I must borrow money, that is, from the bank. If the project has great development potential and makes a lot of money in the medium and long term, I will pay back the bank. This is a normal economic operation. In other words, debt is necessary to promote economic development.”

Normal economic operations are complicated, however, by corruption and government collusion, he added. “The problem of collusion between government and businesses is very serious in China. There are many privileged people who borrow money from banks, and the banks dare not refuse to lend it, but these projects are actually not profitable.”

“In the process, however, many people get benefits in various ways and split the money, [but] the projects cannot develop well, so they cannot make money. When there is more of this kind of debt, it has a negative impact.”Good and Bad Debt
There are always good debts and bad debts in society, and a healthy economy should have a mechanism for allocating money to good debts, which will then reduce the chance of bad debts, Fan said. This is the basic environment that will allow a healthy economy to grow and develop continuously.

“But China is out of that basic environment,” he said. “The problem lies in that the CCP has issued too much debt in the past, and it’s focused on real estate.”

“Why does real estate always create financial problems? Why is it always a big problem? The reason is psychological expectations.”

There are many important indicators of how society works, Fan explained, but not all have the same psychological effect. While some of them do not arouse optimistic expectations, indicators such as the stock market and financial assets can easily encourage optimism, so when they rise, people expect them to continue to rise. Those expectations frequently include the real estate market.

“In professional economic study, the biggest fear is psychological expectations,” Fan said. “Why is it troublesome when expectations develop? Because people become irrational. The various policy adjustment tools that governments can adopt are effective only when people are rational. When society as a whole becomes irrational, any policy tool becomes ineffective.”

One of the reasons for the property bubbles in Japan and China was inflated expectations, which led to an inflated bubble, according to Fan. However, the CCP authorities did not deal properly with the situation.

“Why? Because numbers look beautiful,” he said. “Before the bubble burst, it was shiny and beautiful. Everybody was making a lot of money. Weren’t they happy? Who wants to be the whistle-blower? And what happened after the bubble burst, which is what’s happening in China now, is called a balance sheet recession.”

China’s March CPI, PPI Falls. 'Winter has come for the Chinese economy,'

China’s consumer price index (CPI) and producer price index (PPI) data for March both fell short of expectations year-on-year. The communist regime’s economic development model is in a vicious cycle of balance-sheet recession, says an economist, and this is just the tip of the iceberg. China’s economic winter will worsen, he predicts.

China’s CPI rose just 0.7 percent year on year in March, its slowest pace since September of 2021, and down 0.3 percentage points from February, according to data released by the National Bureau of Statistics of China on April 11. An analysis by Chinese news website Caixin suggests that aggregate demand remains weak.

Meanwhile, China’s PPI fell 2.5 percent year on year in March, an additional decrease of 1.1 percentage points, hitting its lowest level since July 2020.

Both figures were below consensus estimates from Wind, a Chinese provider of financial data and analytics tools, according to the South China Morning Post.

Just the Tip of The Iceberg. the economic development model of the Chinese Communist Party (CCP) is broken. The current numbers are just the tip of the iceberg, he says. In economics, the situation is known as a balance-sheet recession.“This is very similar to what happened in Japan after the bubble economy burst, which means that China is actually going down the same path,” Fan told The Epoch Times on April 12, saying China’s economic development model largely replicates the problems of Japan’s real estate bubble economy in the 1980s and 1990s.

Telling the truths and facts are not a discrimination, no matter what race and nationality you are. Telling lies with own ego and intention are evil.