Have strong opinions, but welcome all civil discussions.

Mastodon: @BrikoX@freeradical.zone

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Cake day: July 9th, 2023

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  • China is no longer only the manufacturer of cheap Chinese replicas. It’s really split into two categories now: low quality and high quality. What’s impressive is that in both they manage to mass produce on a very large scale.

    Look at their rail equipment, medical equipment, robotics, ship building, marine engineering equipment, agricultural machinery and of course EVs. All high-end products that match or beat the western competition.


  • Real estate is not seen as an investment in China like it is in the west.

    That is not really the case. China used the real estate market to boost GDP grow on paper (it did have real grow it was just highly inflated) by forcing local governments to borrow unrealistic amounts of money via special bonds and now the whole market is stagnant as they can no longer keep up with that debt.

    And Chinease citizens did see it as worthy investment, but after the crash they got burned and now are not investing at all which just deepens the issue.