One Chinese firm gives the brutal truth about China’s economy and pending recession

Despite China's various signs of economic distress - bankrupt real estate developers, declining exports, etc. - leading economic authorities still project growth for the Chinese economy. Beijing published promising Q3 economic data and mainstream media outlets repeated the positive narratives. But one Chinese financial firm sent a letter to its investors with brutal honesty: please take your money and run. This letter kept me thinking why we are so blind about China’s economic truth.
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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:
https://twitter.com/jakobsonradical/status/1714799885617377484?s=12&t=1bCKnqkFCwU8yj2dcpCB1g

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