5min chapter

The Little Red Podcast cover image

The Death of Covid Zero?

The Little Red Podcast

CHAPTER

China's Economy Looks Really Bad

Since 2008, 2009, China has not had a sustainable model for continuing economic growth. There's been a failure to transition away from the export processing manufacturing-based model that worked very well before the global financial crisis. In these two key sectors, e-commerce slash tech, and also in real estate, we've seen really major hits taken. Looking forward, it's actually going to be a very tough year for Xi Jinping.

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