The last two Peeks into China gave us a view as to what was happening on the Covid front and its geopolitical situation where China is getting hemmed in. Todays peeks gives an insight into Chinas geoeconomics. The unfolding geoeconomic scenario is full of contradictions. While some reports talk of rapid recovery , others talk of risk and challenges. While Xi Jinping spoke of state control of economy in the 20th Party Congress, there is talk of turning back to privatisation in the face of global headwinds. Also, there is news of big investors quitting and China losing overseas deals. Rough geoeconomics are very clearly evident. We need to see where it goes.
The Japan Center for Economic Research has recently come out with a report which explains that China will struggle in the days ahead. It just confirms what I have been talking of in the past two years….China’s economy is going to stagnate if not decline….
The JCER study has also come with data which co-relates what Deutsche Bank has forecast about the Indian economy…interesting times ahead…..
The previous two peeks into China are @ Victory Into Defeat @ https://gunnersshot.com/2022/12/18/a-peek-into-everyday-china-victory-into-defeat/ and Crowded Indo Pacific @ https://gunnersshot.com/2022/12/17/a-peek-into-everyday-china-the-crowded-indo-pacific/…..
Read all three together and the picture is clear… you can draw your own conclusions…remember all the news is from Chinese Media and not my private views….
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