Saturday, March 04, 2023

China's Sketchy Economy

Lots of stories coming out about China's sketchy economy.

- China has lost 41 million workers - almost the size of Germany's entire workforce - in 3 years.  Keep in mind that the government has to provide benefits for all those retired workers.

- Xi Jinping set to overhaul China's financial policy team

- Looks like China stole chip fabrication plans from ASML. They don't seem able to come up with their own technology.

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