The Chinese economy has been growing so well so consistently for so long the Chinese have a lot of faith in it and recessions haven’t happened.
But if that confidence changes bad things could happen. Because of this isolation bubble China is in, its hard to know what’s going on over there. Is there any way to find out how the man in the street on China feels about things? Because if they feel bad, it will be bad. Or is it just looking at the figures?
A lot of the economy is based on “feels”.
The Chinese economy has been growing so well so consistently for so long the Chinese have a lot of faith in it and recessions haven’t happened.
But if that confidence changes bad things could happen. Because of this isolation bubble China is in, its hard to know what’s going on over there. Is there any way to find out how the man in the street on China feels about things? Because if they feel bad, it will be bad. Or is it just looking at the figures?
I think this channel is probably biased, but it’s the best I know of:
https://www.youtube.com/@ChinaObserver0
According to them, it’s very bad.
Here is an alternative Piped link(s):
https://www.piped.video/@ChinaObserver0
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.