Chinese Economics Thread
- Thread starter Norfolk
- Start date
Ask yourself why world wide cotton prices are sky high and contributing to global inflation.
I think that article was mostly bs.
We should be told what is the cotton output, and the textile output, then consumption internally and exports, and how much of that is actually going to America. Also, with the exports of textiles, from China to other ASEAN countries, how much of those garments are going to America?
That we do not know.
Seems to me the SCMP was too lazy to find out for us.
Instead, they have this anonymous source with anecdotal evidence, apparently.
China was locked down again due to covid. That should put a damper on demand.
The SCMP should have wrote an article like this one.
Problem is, no one will read it, because there is no exaggeration or sensationalism.
The SCMP must give the white people, cough cough their readers, what they want.
*FIFY
So many words and tweets in order to say the same thing:
China is a developing country.
Where did he get the data from? Does anyone have a direct link?
LMAO what a load of shit.
700k people at 240k?
It probably counts some shitty or strange average or family/household income, since it's for the full population (1.4 billion), but well there's many millions of children and elderly not working lmao.
I found that to be weird too, hence why I was wondering the direct source. China's GDP per capita is $12,500 USD so it is not totally unbelievable. But I'd like to see the source.
Source: Adrian Zenz Academy of Sciences