> Why do ppl think that this AI boom can help SK & TW economy so much, but not the mainland China economy? Because chyna makes toys and uhh textiles… and labubus? What electronics? Didn't iphones move to India? People don't propagate updates through all dependencies.
More from NBS on industrial profit: Mfg profit up 20% YoY High-tech mfg up 44.7% YoY Electronics up 103.9% YoY (contributing 43% of total industrial profit growth)
The 2 main drivers of global industrial profit are AI & New energy (due to SoH closure).
There is always conspiracy theories online about China falsifying economic data. Why do ppl think that this AI boom can help SK & TW economy so much, but not the mainland China economy?
there are new sectors. China spent a lot of money to get into these sectors & not be dependent on just real estate.
