Reply to post: Re: I was watching...

Nobody in China wants Apple's eye-wateringly priced iPhones, sighs CEO Tim Cook

msknight Silver badge

Re: I was watching...

China's projects aren't delivering.

Latin American projects failing - https://money.cnn.com/2016/02/16/news/economy/china-latin-america-projects-fail/index.html

One Road One Belt failing - https://foreignpolicy.com/2017/01/09/chinas-new-silk-road-is-getting-muddy/

I hear the Africa investment isn't going too well either.

They have a debt problem - https://www.theguardian.com/business/2016/jun/16/chinas-debt-is-250-of-gdp-and-could-be-fatal-says-government-expert - that isn't getting any better and the domestic property market has been rising above realistic levels and with the wage growth being significant and talk about American companies starting to migrate production back to the USA over the next ten years because of this... I don't see as rosy a picture as you.

I have to admit that I was surprised to read of a domestic debt problem in China. I believed that their population was one of savers - https://www.bloomberg.com/news/articles/2018-01-01/china-warms-up-for-2018-critical-battles-with-cooling-economy

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019