You're supposed to produce nothing and make money from that, like the US does!

Libs 15 years ago: dumb Chinese over producing housing, you know they're sitting empty, right??? How can you make money from housing if there's such a surplus???

China now: Ghost cities provide affordable housing for young people. They have become functioning, normal cities

Americans/Australians/Brits now: will rent or live with parents until inheriting property. If they're lucky.

Being Chinese must be so fucking dope. Like, I'm sure there's lots of total bullshit to deal with, there's no where that doesn't kinda suck to live a little bit, but can you imagine seeing things getting better as you grew up? The idea of living through an improvement instead of an historically shaaaaaarp decline is something I envy and feel cheated out of, cause I have been cheated out of it. Quality of life for the more privileged here may be better but that's locked out for me and for those who can get the bag, their children won't, the bag is empty. I'd rather live somewhere that's maybe some degree materially worse off for my monetary class that has any degree of hope for a future than this shit hesp I live in where I can see the copper wire Bek g removed already.

She's in China to beg the PRC to buy more USD bonds.

This is like your deadbeat neighbor coming to borrow more money while lecturing you about how stupid you are for not buying a monkey jpg nft.

The situation in China's solar panel sector may be worse, where overproduction pushed prices down 42% last year to levels 60% below the cost of comparable U.S.-made products. China now accounts for 80% of global production capacity, and major solar producers are continuing to build factories, backed by provincial and local subsidies.

how is this a bad thing?!!!!!!!!

OH MY FUCKING GOD

"We see a growing threat of money-losing firms that are going to have to sell off their production somewhere," a senior U.S. Treasury official said of overproduction in key Chinese sectors.

Won't someone think of the venture capitalists?!

Free trade is only good when the U.S. is the one profiting off of cheap labor, when they're facing competition that's a no bully and you're breaking the rules.

No you see, good economy is when speculation bubbles and bad economy is when making shit that people actually need.

wait, no, I thought of a better analogy. China is spamming a difficult-to-block combo and obliterating the US who is just button mashing, and the US is holding back tears while screaming YOURE CHEATING, THATS CHEATING

really seems like all the loser failchildren of wealthy parents who never told them no are having a difficult time coping with losing. Stop winning, my mommy says you have to stop beating me at economic production.

Please Mr. Xi stop thinking about climate change for just one second! Don’t you know that by subsidizing a green energy transition you’re hurting American oil executive bonuses?! That’s not fair!!!

Yellen will seek to convey her view that the excess production is unhealthy for China and that there is a growing drumbeat of concern about it in the U.S., Europe, Japan, Mexico and other major economies.

Feels good to be recognized as a major economy finally. Get fucked Canada!

it is april 5 and stalin saved the world from fascism

Sounds like a problem you'd want to have.

mods please remove I don't think Janet Yellen is notable enough to be posted here

CHINA, PLEASE FEED THIS WOMAN MORE HALLUCINOGENIC MUSHROOMS. PLEASE

Plaza Accords 2: Break in Beijing.