Goldman Sachs’ Hui Shan says China’s economy needs a new model to avoid a negative loop of lack of confidence leading to lack of investment which will lead to lack of growth.
China is facing more challenges in restructuring its economy: Goldman Sachs
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Confucius, he say “Xi barking like mad dog scare away investors”
Perhaps similar to the US SEC cracking down on fintech companies and driving away innovation.
CHINESE ECONOMY GREW AT 6.3% AND THIS IS BAD NEWS IN THE WEST. THE HATRED OF CHINA IS SAD,
NEW ECONOMIC MODEL LIKE WESTERN NEO LIBERALISM AND SADISTIC CAPITALISM THAT HAS LEFT THE WEST WITH POOR HOMELESS PEOPLE AND MASSIVE INCOME INEQUALITY. THE CHINES DO NOT WANT A FAILED WESTERN CAPITALISM
🙋♀The USA GDP’ grew at an annual rate of 1.1% in the first quarter of 2023 and going down. Is all the people of the USA like the Philadelphia zombie field? You are spreading bad news of China, because China’s GDP grows 6.3%][