RT by @MiriamMLex: So much for ‘The East is Rising, The West is Declining” (东升西降) narrative. China’s core is collapsing (real estate), banking system is in crisis, local government debt is in default (a $13T usd equivalent market), youth unemployment is in crisis, and is in population decline.

🐦🔗: https://nitter.cz/Jkylebass/status/1754346364022988953#m

[2024-02-05 03:29 UTC]