More data from the Chinese economy and real estate market which further confirms the dire situation China is facing. Xi Jinping is facing that situation by tightening his grip even further, waging a stepped-up war against corruption even though Xi declared corruption had been defeated five years ago. This isn't about corruption; the more the Chinese gov't does, including purges, the worst it is getting.
Eurodollar University's Money & Macro Analysis
SCMP ‘No one is safe’: China purges record number of senior officials in 2023, with more ‘tigers’ likely to fall
https://www.scmp.com/news/china/politics/article/3247040/no-one-safe-china-purges-record-number-senior-officials-2023-more-tigers-likely-fall
Bloomberg China’s Defense Purge Strikes at Heart of Xi’s Military Reforms
https://www.bloomberg.com/news/articles/2024-01-04/china-s-defense-purge-strikes-at-heart-of-xi-s-military-reforms
Asia Times Water in Chinese missiles’ tanks is a fake story
https://asiatimes.com/2024/01/water-in-chinese-missiles-tanks-is-a-fake-story/
VOA Dreary Economic Data Suggests Struggles Ahead for China
https://www.voanews.com/a/dreary-economic-data-suggests-struggles-ahead-for-china/7444827.html
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