China’s economy operates to country-specific rules
The Chinese economy is strong on many fronts. There are country-specific situations affecting the current data, which do NOT appear to be reported by the many so-called experts.
This is merely an outline of the points which honest analysis would include in a thorough examination of the topic. Please excuse the writer for not engaging in a fully realized scholarly dissertation of the matter, for it is not my focus at this time. Rather, take this as a presentation full of bullet-points which require further exposition.
First is the growing middle-class, better able to afford housing, education and vacations. Secondly there is the season-long Winter holiday season. Factories usually slack-off in the Winter, and this year they are happier than in recent years, to shutter the plants until the holidays pass. China may NOT celebrate Christmas, but certainly appreciates how it stuffs the bank accounts during the Summer production runs. Third, vacations now only wait for February If the family has kids in school. Fourth, Winter is typically the time for planning, not for doing.
Fifth, residential property value is falling, according to policy and plan, but due to state ownership of the main banks, this will cause no economic distress. Banks will get reimbursed for THEIR shortfalls, and developers will get some sort of break, with the end result that the masses are happier, and nobody will care that foreigners fail to appreciate the situation. Sixth: the infrastructure improvements are focused on transport and renewable energy, both of which will grease the wheels for succeeding cycles of progress.
Seventh: the consumer-focus of Chinese business is just passing the ‘proof-of-concept’ stage with domestic operation, as it prepares for the international rollouts of Chinese products being sold under Chinese brands by Chinese e-tailers. So much of what is currently being written in the West looks like misdirected Trumpian policy, that it simply is barely worthy of discussion. If this body of workj were serious journalism, we would see both the ill-effects that are so often reported on the ground in China, and also numerous articles in China treating with those topics. Neither is the case. The conclusion that one reaches is that the articles all smack of Republican opinion pieces, rather than fact-based academic or journalistic articles. Pay attention to the bridges, some might NOT be for sale!
These are examples of the current articles which are particularly at fault for shortcomings such as distraction, obfuscation and downright falsehood. Their inclusion here is as negative example of what should appear in a quality journalistic organ.