Comment by marianatom

China IS in a Great Depression. The government is making the numbers seem a little bit better, but with 21% official youth unemployment rate - definitely higher since netizens have found that only 20% of this year's graduate has secured jobs, and 50% - 70% reduction in real estate listing prices, when real estate is 30% of China's economy and how local governments mostly gets funded, we will see retroactively that China entered its Great Depression in 2022.