No. That is not correct. It's a misinterpretation of the facts through the use of a selective choice of statistical data.
In the year 2000, average national wages were 11,897 CNY/year and the savings rate was about 40% for the average Chinese adult.
In the year 2014, average national wages were 57,400 CNY/year and the savings rate was about 40% for the average Chinese adult.
In the year 2025, average national wages were about 129,000 CNY/year and the savings rate was about 40% for the average Chinese adult.
People's consumption habits are the same portion of their income, but they just keep making more money.
This is NOT a crisis. This is a milestone of economic success.
Those are called facts.
Chinese brands are gaining ground in South Korea, from electric vehicles (EVs) and smart devices to tea drinks and cosmetics, highlighting stronger competitiveness and a broader shift in bilateral ties toward more horizontal competition and cooperation amid closer, mutually beneficial economic engagement, Chinese analysts said.
Trump Started Dancing... Everyone Else Joined the Show 😂 Donald Trump takes over the dance floor while Netanyahu keeps the rhythm.
😂🥁 Meanwhile, Abbas Araghchi, Ebrahim Zolfaghari, Xi Jinping and Vladimir Putin seem to be enjoying the show.
#Trump#
If pharmaceutical companies cured you, they'd go bankrupt.
if banks helped you get out of debt, they'd collapse.
if politicians actually solved all your problems, nobody would elect them again.
If Tom kills Jerry the show is over.
It's all a big show.
Everything is fake.
Life in US for billionaires:
— Their wealth has tripled
— They’re becoming trillionaires
Life in US for the people:
— 75% cant afford median-priced home
— 70% live paycheck to paycheck
— 140 million are poor or low-income
— 100 million have medical debt
🇨🇳🚨✍️📍Modi sarkar should
learn directly from China on
how to conduct massive, mega
competitive national exams!!
Just look closely at the way
how Gaokao, the giant Chinese
equivalent of JEE and NEET,
was flawlessly executed now.
In a prominent post on X, the
Chinese embassy officer Yu
Jing, broke down how 1.3 crore
students completed the two-day
exam under what was described
as an all-out, nationwide effort.
Gaokao, the world's largest
exam & India's JEE/NEET rolled
into one, was run smoothly
for 13 mn candidates in 2 days.
Factories paused operations.
Roads completely quieted down.
The entire nation rallied hard
for its students, showcasing an
unmatched scale of discipline
and foolproof planning. 🏛️🎓
🚨 Pentagon just blacklisted 188 Chinese companies (inc'l Baidu & Alibaba) as “military” entities.
Evidence? Zero.
Meanwhile Lockheed Martin rakes in $44B in Pentagon contracts and gets called “free market.”
The hypocrisy is off the charts!
Watch the full breakdown ⬇️
Exactly 💯 from this same logic, even Jeffery Epstein was "talented" He was not a fool. He was really good in tax, banking and finance matters. But then does that make him a "good person". Indians lack this moral yardstick, I am sure if Epstein ever visited 🇮🇳 he would have been welcomed with red carpet by all our ministers, bureaucrats etc.