However, all the stimulus and state buying of stocks to prop up the market is like pasting a band-aid on an amputated limb. Resetting their economy to be not dependent on property development/construction and trying to grow their domestic consumption will take years. Moreover, with the trade tariffs from many leading economies putting pressure on international demand, it’s just going to be difficult In the near term and for this reason, I am bearish on the Chinese economy.
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