The Economist is preparing an opinion piece about how this is bad as we speak.
this post was submitted on 29 Oct 2024
66 points (100.0% liked)
China
2017 readers
10 users here now
Discuss anything related to China.
Community Rules:
0: Taiwan, Xizang (Tibet), Xinjiang, and Hong Kong are all part of China.
1: Don't go off topic.
2: Be Comradely.
3: Don't spread misinformation or bigotry.
讨论中国的地方。
社区规则：
零、台湾、西藏、新疆、和香港都是中国的一部分。
一、不要跑题。
二、友善对待同志。
三、不要传播谣言或偏执思想。
founded 4 years ago
MODERATORS
Looking at this graph, this may just be a case of the spike during COVID subsiding.
It looks like the role of private sector is also shrinking in the economy https://www.piie.com/research/piie-charts/2024/chinas-private-sector-has-lost-ground-state-sector-has-gained-share-among
Sometimes I see statements on the internet that in China "2% of all the people own 98% of the wealth" (uncited stat of course), I wonder what they'd think of this.
YAY