THE DARK SIDE OF CHINA 🇨🇳 The main economic struggle in the world… — Golden WARS — TG.ME

THE DARK SIDE OF CHINA 🇨🇳 The main economic struggle in the world, as it's pleasant to think, is the fight between the US and China, two different financial systems each with its own style of governance. However, it's not all that simple! For example, the chart above shows us May's dynamics across different sectors. And honestly, when it comes to consumer sovereignty, things are very bad for the Middle Kingdom… In detail, we see growth of almost 20% in exports, less than 10% in electronics production, and <5% in industrial output. By the way, the +5% dotted line is China's GDP growth target. 🚩 But beyond that it's really lousy: investment in infrastructure and construction, car sales, retail. The Chinese are saving money and not spending it as much as is needed for the figures to grow. 🔍 But let's dig further. While exports are still a working option, China is involuntarily dependent on whom it exports goods to. And if you dive into the stats, it becomes clear that the US and Western countries make up 37.5% of all Chinese exports (taking into account that part of the Chinese goods go to another country for additional processing and export to the West). So it turns out that China is supposedly fighting Western hegemony, but does so with great reluctance, because the current state of affairs keeps it afloat at least somehow. A small conclusion can be drawn: on key issues China has no way to turn away from the West and the US. Of course, to certain other matters they'll react in their own way, but their exports still feed them.