zerfuffle comments on Analysis: IMF warning on China puts 'Japanization' risk in spotlight

[–] zerfuffle@lemmy.ml 7 points 2 years ago (2 children)

China really pulled off a soft landing tbh

Somehow consumer demand is rising again despite the liquidity crunch

[–] morry040@kbin.social 1 point 2 years ago (1 child)

The growth rate is still lower than the pre-COVID years...

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[–] zerfuffle@lemmy.ml 2 points 2 years ago

It's a soft landing, not a soft takeoff

China had like 33% growth in exports in a single year during the pandemic. They had to normalize eventually.

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[–] taanegl@beehaw.org 0 points 2 years ago

Is that really weird? We live in a world of weakened impulse control. People consume to fill the void inside of them.

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lemmy:	0.19.20
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