this post was submitted on 17 Aug 2024

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China's home-price slump deepens to new 9-year low despite stimulus (www.reuters.com)

submitted 2 months ago by schizoidman@lemm.ee to c/worldnews@lemmy.ml

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[–] PolandIsAStateOfMind@lemmy.ml 7 points 2 months ago* (last edited 2 months ago) (1 children)

despite by every metric China being the worlds largest economy.

Excuse me, while i agree thay are first in such meaningless metrics like production of basically everything or infrastructure or housing, but what about the most important metrics, like the stonks and financial instruments?

[–] Flyberius@hexbear.net 4 points 2 months ago

You are correct. Their line go up for rich people metrics are abysmal