THE MUCH PREDICTABLE FALL OF CHINESE ECONOMY

China’s manufacturing activity remained subdued in November, with weak domestic demand, power shortage in factories, Beijing being over dominating towards the factory owners and the most important thing the Chinese govt controlling the business market with its own bossy regulations to proof who is the boss

The official manufacturing purchasing managers’ index improved to 49.7 from 49.2 in October .

At a stretch period of 90 days, it is staying below the key 50-mark, sparking the signs of a low production.?

The non-manufacturing gauge, which measures activity in the construction and services sectors, felt to 51.5 from 52.4 in the previous month.?

China’s power shortages in factories with Chinese govt asking the factory owners to consume less power and making the seven days work reduced to three days a week, is another main reason behind the downfall of Chinese economy.

Also the govt asking the citizens to adjust with the power shortage where regular power cut is disrupting the day to day life.

But coal producers boosted output and?inventories?started helping the energy shortage.?

Also the fall of Evergrande Group and millions of housing being incomplete in terms of construction, involved a lot of hard earned money of common people where they had to face the loss as govt didn't come out to do any help to recover the loss of it's own people.?

Then again the way Chinese people support their govt espionage act for US intellectual properties, today they are eating the fruits of their own choice, they chose to remain not just silent but acted as spies in US to help stealing & supplying research properties of top US universities.?

“Supply-side restrictions have improved marginally, so production likely rebounded somewhat,” said Xing Zhaopeng, senior China strategist at Australia & New Zealand Banking Group Ltd. But there’s “not much positive signal on domestic demand," he quoted also.?

The Chinese govt providing?targeted support?to areas such as small businesses and green technology. There were two key political meetings in December by the Politburo and the Central Economic Work Conference, insiders report leaked in the media and whenever this type of meetings occur, we all know China is gearing up to overpower the world economy again with 5G, it's latest weapon, even though it means it has to take any disgraceful path to grab?the number one position in 5G among other top countries who deals fairly unlike China.?

China has boosted up it's export demands in order to balance the home grown economic disputes, with the largest number of exports being done to South Korea.?

Also Covid 19 cases are rising huge which will create more trouble in terms of businesses including less than 10% travel ratio, but China is eating the fruits of it's own plant that it sowed in Wuhan to ruin the United States, who is and will always remain as the top powerful country.?