QUOTE(9m2w @ Jun 16 2025, 02:29 PM)
Despite the positive retail sales figures, the National Bureau of Statistics (NBS) acknowledges persistent economic challenges, including a slump in domestic consumption, a property sector debt crisis, and falling commercial property prices, indicating continued consumer caution.
THey can buy all their cheap stuff online but domestic consumption slump means public and/or private sector not consuming. Meaning no increase in raw material purchase and capital expenditure by industry. No new trucks being added for freight folks, no new machines for factories
Household consumption can only carry so much
They will still flood here for their survival
Looks like they're lowering production, most likely will compensate by increasing prices. This is a great strategy for them.THey can buy all their cheap stuff online but domestic consumption slump means public and/or private sector not consuming. Meaning no increase in raw material purchase and capital expenditure by industry. No new trucks being added for freight folks, no new machines for factories
Household consumption can only carry so much
They will still flood here for their survival
This post has been edited by whyamiblack: Jun 16 2025, 02:39 PM
Jun 16 2025, 02:35 PM

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