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balajis
@balajis.eth
China dominates the physical world. #1 in trade #1 in steel #1 in rail #1 in ships #1 in cars #1 in energy #1 in concrete Here are the graphs on trade and steel:
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Just Build
@justbuild
But doesn't the productivity of those assets matter? They heavily invested heavily in the production of rail, infra, cities, yes. But there is a shocking level of excess hidden in those numbers as municipal projects are left to crumble under all of that over capacity. So, I'm not sure these are as much as a mic drop as they would seem on the surface. China is indeed the manufacturing hub of the world, full stop. But then why are they experiencing a surge in unemployment among their most able bodied age groups?
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