The China government can build thousands of ghost cities to boost the economy and solve the unemployment problem without getting bankrupted.
People used to use the ghost cities predict economic collapse in China but it has proved that China is still strong. Most ghost cities eventually get filled out.
Is that the advantage of State Capitalism?.
China is proof that fascism works in the 21st century
China is proof that fascism works in the 21st century
>China strong
Censorship in china strong*
those ghost cities are where we will live soon when they send us to reeducation camps
Look here samefagging chinsect, the ghost cities are why evergrande failed and the Chinese economy is dying. You can't fool me dummy, I study the global market for a living. All of this-
>China strong!
>China thousand year empire!
>China superpowa!
-shit is absolute fucking cope. The Chinese economy is cratering. There are riots and bank runs in the streets being slid by shills like you. Can't lie to me bug, I know what is happening over there. You are all fucked.
Im not from China.
But can you explain how that economic model will crash?
They still follow the supply-demand theory, people are still breeding so more houses will be needed.
>386494888
>386495190
Hey Cheng! Your bot is malfunctioning!
The cities are build on loans from the govt. Because noone will live there, noone will pay it back. The Chinese govt. gave free money to the builder caste which then bought REAL real-estate in Canada.....hence why a wooden shack in Hongcouver costs 8 million CAD rn (not a joke btw.)
The Chinknese govt. could afford this bubble for now because they got so much money from their garbage exports. Since Cringerona these exports have stopped however.
Energy is getting too expensive for China, the only reason why China is competitive is their slave labour. Without that, production should move back to the West, as the technology makes the US.+EU more competitive.
Again, the only advantage China has is slave labour.
The Chinese are desperate enough to start WW3/Cold War 2.0 to attempt to secure cheap resources coming in to China. Unlike the US. they have no capabilities to facilitate oil-wars, so the Chinknese try to scam brown countries into bankruptcy by offering them loans they can never repay.
Sri Lanka is the most relevant example, now people are starving there with no electricity. I think they should kick the Chinks out and default on their debt
china is going to fucked in the next decade. The biggest problem in china is the population crisis. most people born in the 90s and the chinese zoomers dont want to have kids anymore fr fr no cap.
How did china become the second largest economy in the past? the answer is massive cheap labours, china had became the world factory, but it will be over in the next 20 years because it will not have the cheap labour advantage anymore. The housing price will continue rising in cities such as beijing and shanghai, but the property value will depreciate in the rest of china because of the ageing population. More real estate companies will become bankrupt
>people are still breeding
Lel, they have demographic collapse
>The cities are build on loans from the govt
All the real estate developers in China are under government's control. In other words, the China govt is both the lender and debtor.
the China govt can literally force its people to have sex.
China is a landlord with entire cities worth of properties to rent/sell. China bought land, paid for construction etc with loans from banks/institutions. The banks/institutions want/need their money back + interest. There are no people to buy/rent. People are breeding but they have to grow up and get a job before they can buy/rent. Banks/institutions need the repayments now, not in 5-10 years, and are going bankrupt due to massive debts that are only increasing. Ultimately, the properties are worthless.
>State Capitalism
There's no such thing.
They burned through their entire youth in the factories and aborted the rest bc of the one child policy. There are anywhere between 30-300 million more men in China than women. You can see videos on Jewtubr about Chinks openly importing Philipino slave women because they cant find a Chink wife.
Now the Jews of Asia always wanted a total population collapse but neglected their expanding parasite feudal class also need slaves. Even with slave imports this is unsustainable because the living conditions are getting worse. Slaves will live in pods and eat the bugs for a while but it wont stop the acute collapse.
11% of all cooking oil in China is gutter oil, highly carcinogenic. The majority of Chinks is exposed to this on a regular basis. Cancer rates and lung disease are the major cause of death in Chinastan.
You're retarded bro
Even funniest part: Everything is built on loaned land.
Yes, all those condo towers are built in a trailer park.
>Banks/institutions need the repayments now, not in 5-10 years
That's how you dont understand China and Authoritarianism. In China, the govt owns the banks, not the way around.
>population collapse
Seems like their population is exploding to me
No, these are private companies. The Chinese govt. may decree to put party officials in the management instead of letting the owners control the company. All larger companies e.g. Tencent have a party cadre integrated into their command structure already. Chines gommunists gave economic control to the free market, because we all know communists governments have no clue about running the economy. Best example was the Soviet Onion.
KEKMAO!
Well memed!
of course they are private companies by name. But the govt can still force these companies to do whatever the govt wants.
You basically have no right in China, if the govt doesnt want you to do it.
>China own bank
>China print more money
>what go wong?
capitalism by definition cannont be anything but pure lazaifaire free market, there is no state capitalism its all just government control bs idc how you try to put "government controlled" its still authoritarian government control and not an economy in any definition, (was your teacher a communist?)