"Many international economic organizations such as the International Monetary Fund have issued reports downgrading global economic growth this year to as much as minus 4.9%, the worst economic recession since the Great Depression in the 1930s," Zhou wrote.
The article goes on: "The order log at our exporters has been greatly reduced. Production at enterprises upstream and downstream has stalled. International transportation logistics have been blocked. Raw materials are lacking and plants are unable to deliver their products.
This phenomenon is putting huge pressure on our stable growth and job security."
While not spelling it out, Zhou was hinting that China's current economic situation is so harsh that it too could post zero or negative growth
CCP has been juicing their numbers for years, everyone knows its all smoke an mirrors. Now that the curtain is falling back, they're realizing they can't hide it anymore. No country ever posts the exact same GDP growth year over year.
That's why they need to expand. They need to invade Hong Kong and then Taiwan in order to eat up their resources and control their economy to stay afloat.
CCP is negative "growth". Tens of billions has been taken out with no growth to replace it. This is outside of covid 19.
Covid 19 has destroyed China's economy. It won't be able to recover unless it makes a deal with the US. The rest of the world will be unable to pickup the lack of American's buy Chinese goods. We know this because of the tariffs. Also if they could they would have done it a while ago.
Africans buy Africans. South Americans buy South American. Most don't like China before, they like them less now. Anyone who says different is ignorant or lying.
"Many international economic organizations such as the International Monetary Fund have issued reports downgrading global economic growth this year to as much as minus 4.9%, the worst economic recession since the Great Depression in the 1930s," Zhou wrote.
The article goes on: "The order log at our exporters has been greatly reduced. Production at enterprises upstream and downstream has stalled. International transportation logistics have been blocked. Raw materials are lacking and plants are unable to deliver their products.
This phenomenon is putting huge pressure on our stable growth and job security."
While not spelling it out, Zhou was hinting that China's current economic situation is so harsh that it too could post zero or negative growth
About fucking time.
Fuck the CCP
Fuck yea
YEEEES
CCP has been juicing their numbers for years, everyone knows its all smoke an mirrors. Now that the curtain is falling back, they're realizing they can't hide it anymore. No country ever posts the exact same GDP growth year over year.
That's why they need to expand. They need to invade Hong Kong and then Taiwan in order to eat up their resources and control their economy to stay afloat.
CCP is negative "growth". Tens of billions has been taken out with no growth to replace it. This is outside of covid 19.
Covid 19 has destroyed China's economy. It won't be able to recover unless it makes a deal with the US. The rest of the world will be unable to pickup the lack of American's buy Chinese goods. We know this because of the tariffs. Also if they could they would have done it a while ago.
Africans buy Africans. South Americans buy South American. Most don't like China before, they like them less now. Anyone who says different is ignorant or lying.