$Alibaba (BABA.US)$ china can artificially inflate their eco...
$Alibaba(BABA.US$ china can artificially inflate their economy like what the US did in 2020 to spur growth in a pandemic recession. China just need more aggressive measures to resuscitate this economy moving forward. its a testimony that too fast of a technological advancement leads to long term implications like high unemployment rates and many uni graduates in china turn to be a food delivery rider or a video streamer. Most of this structural problem lies in the policy of the ccp back in 2020 when they wanted to go hard on technology companies. But it is 2024 with new guidance, expectations and policies for us to be optimistic about china growth in the next 5 years. Just need a visionary leader to execute good economic policies
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102559790 : china can show good GDP. but econonmists more concern of the companies earning which depends on consumers spending....which china policy maker not paying high attention. good GDP is not good enough . it is the quality of the GDP that translate to good company earning that matters.