{"id":29241,"date":"2023-09-02T15:17:11","date_gmt":"2023-09-02T19:17:11","guid":{"rendered":"https:\/\/ckms.ca\/?p=29241"},"modified":"2023-09-02T15:18:34","modified_gmt":"2023-09-02T19:18:34","slug":"is-chinas-economy-a-ticking-time-bomb","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=29241","title":{"rendered":"Is China&#8217;s economy a &#8216;ticking time bomb&#8217;?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright hoverZoomLink\" src=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2023\/09\/130936881_gettyimages-1435755936.jpg\" alt=\"\" width=\"146\" height=\"82\" \/><span style=\"font-size: inherit;\">The world&#8217;s second largest economy faces deep-rooted challenges in the years ahead.<\/span><\/p>\n<p>Source: <em><a href=\"https:\/\/www.bbc.com\/news\/business-66636403\">Is China&#8217;s economy a &#8216;ticking time bomb&#8217;?<\/a><\/em><\/p>\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p>similar to the china response to c19 might be the right way, perhaps a slow economy is better thaqn a consumerist capitalism as we have?<\/p>\n\n\n\n<p>how does one compare the overall china citizens&#8217; happiness with 12$k\/year salary average?   is that poor, dirt poor, middle class?  can that salary support  my lifestyle, for instance?  can it be compared?: <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;They know that, on paper, China still has massive potential for more growth. It may be an economic powerhouse, but average annual income is still only $12,850. Almost 40% of people still live in rural areas.&#8221;<\/p><\/blockquote>\n\n\n\n<p>wonder what youth unemployment looks like compare to hear or usa? what&#8217;s the life satisfaction for a 24yo unemployed person there?:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;In July, figures showed a record 21.3% of jobseekers between the ages of 16 and 25 were out of work. The following month, officials announced they would stop publishing the figures.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The world&#8217;s second largest economy faces deep-rooted challenges in the years ahead&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[150,18,140],"class_list":["post-29241","post","type-post","status-publish","format-standard","hentry","category-article","tag-china","tag-economics","tag-paul","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/29241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29241"}],"version-history":[{"count":3,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/29241\/revisions"}],"predecessor-version":[{"id":29246,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/29241\/revisions\/29246"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}