Is China's Economy Outlook Worse Than US?


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https://www.cnbc.com/2021/03/15/chinas-young-people-are-still-having-a-hard-time-finding-jobs.html

Too much here to pick excerpts here.  Please read the article.  

SUMMARY: The current conditions in China indicate some of the numbers are better in China.  But the economic projections in China is worse than the US.

I really had no idea what was happening in China and Russia.  But it seems that both of them are not doing well.

https://www.businessinsider.com/russia-worse-off-europe-eu-natural-gas-supply-cut-energy-2022-8

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To put it simply, there's reason to believe that China *greatly* under-reported the number of people who died due to the you-know-what, and that as a result China has under-reported the economic consequences of what has taken place. 

In addition, I'm seeing reports coming in that many of the consumer goods available in China are vastly inferior to comparable foreign products, and that as a result they often wear out faster and so require more money being spent sooner to replace them. For example, many Chinese-made automobiles lack the sort of protective coatings that foreign-produced automobiles have, and so it's alarmingly common for even major components to suffer from rust problems within only five years of purchase.

China is also getting ever stricter when it comes to censorship, to the point now that they are reportedly developing artificial intelligence programs to try and detect when a person is *thinking* about certain things that might be illegal. 

China is also under pressure from an increasing number of foreign companies and organizations over their human rights record, with Hollywood in particular slowly coming to realize that "making movies aimed at the Chinese upper and middle classes" is no longer a sure bet for financial success and could even do more harm than good if controversies arise. 

It is entirely possible that China's economy is being artificially propped up by foreign manufacturing and investment. If enough pulls out, China's economy could be in trouble. 

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