Experts share their 'Points of Views' about what really is happening to China’s Economy before Trump took office and after his High Tariffs.
Experts share their ‘Points of Views’ about what really is happening to China’s Economy before Trump took office and after his High Tariffs.
Beijing’s in panic mode as tariffs threaten over-leveraged Chinese banks and massively over-built Chinese factories.
Peter St.Onge, PHD.
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China Is In Economic Dire Straits And They’re No Longer Able To Hide It
by Tyler Durden
Monday, Apr 21, 2025 – 04:35 AM
“Official economic data from any government is always treated with suspicion by anyone with common sense. The US, for example, witnessed some of the most egregious statistical tinkering imaginable under the Biden Administration, not to mention outright lies and propaganda from the establishment media on the health of the economy. To this day no one has been fired (or tarred and feathered) for hiding the reality of the stagflation crisis. Any government or corporate economist that called the threat “transitory” should be stripped of their financial prestige and banished to a cash register at Arby’s.
And let’s not forget Biden’s misrepresentation of the labor market, portraying millions of new jobs for illegal migrants and visa holders as if they were jobs benefiting American citizens. In the US and across the western world, lying about the economy is generally seen by politicians as a temporary solution to secure reelection. However, in China, lying about the economy is treated as a national security imperative. If there’s anything in the world that gives communists a feeling of existential dread, it’s the fear that their ideological enemies will discover proof that communism doesn’t work.
The Trump Administration’s tariffs on China are not the initiator of the nation’s troubles, they are more a bookend to a process of decline that has been ongoing for years……”
https://www.zerohedge.com/geopolitical/china-economic-dire-straits-and-theyre-no-longer-able-hide-it
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