* Core inflation +0.6% y/y, but analyst warn of fragility
* Deflationary pressures likely to last for a while longer, economist says
!ping China&Econ
WAGRAMWAGRAM on
Oh no, industrial goods get cheaper!
ProfessionalCreme119 on
China is going to be building a new dam project in which it will provide a few million jobs along the chain over the next several years. This is on top of the multiple mining and infrastructure projects they currently have going on throughout the country. And planned for the next few years.
These articles all revolve around the idea that China is dealing with a social and worker time bombs. And it’s only a matter of time before it really pop off. But that’s not going to be a thing
Unlike most countries China has the ability to lose their ass in a dominant sector. While still having a plethora of jobs and wages available for workers in other sectors.
And the way China’s own internalized economy is separated from their National economy will just buffer the average Chinese citizen even more.
3 Comments
* China May PPI -3.3% y/y, worst in 22 months
* Core inflation +0.6% y/y, but analyst warn of fragility
* Deflationary pressures likely to last for a while longer, economist says
!ping China&Econ
Oh no, industrial goods get cheaper!
China is going to be building a new dam project in which it will provide a few million jobs along the chain over the next several years. This is on top of the multiple mining and infrastructure projects they currently have going on throughout the country. And planned for the next few years.
These articles all revolve around the idea that China is dealing with a social and worker time bombs. And it’s only a matter of time before it really pop off. But that’s not going to be a thing
Unlike most countries China has the ability to lose their ass in a dominant sector. While still having a plethora of jobs and wages available for workers in other sectors.
And the way China’s own internalized economy is separated from their National economy will just buffer the average Chinese citizen even more.