Economist: We Don't Understand China's Economy 

Why:
*China's GDP grew by 4.9% vs US's 2.4%
*China has all new logistics infrastucture in HSR and Smart Cities
*China has the world's largest consumer market
*China now leads in most advanced technologies globally
*China is 1/3 of all global manuafacturing
*China's BRI is now the largest international logistics system
*Inflation is stable and products are affordable
*Urbanization continues to create new growth in 2nd and 3rd tier cities
*E-commerce is boooming
*FDI remains stable compared to the last 10 year cycle
*China produces the most STEM grads of any nation
*China leads in Green Tech manufacturing, installations and exports
*China eliminated extreme poverty in 2020
*The real estate bubble was managed and property remains more valuable than ten years ago, while still being affordable with 90% of families owning their homes outright and 70% ownership among millenials

#Economist #China