🏢The Chinese government is intentionally deleveraging the property market to prioritize national security over high levels of growth.
💼The shift towards a consumer society has been slow and consumption incentives have not increased.
📉The Chinese government does not consider the stock market or significantly slowing growth as major problems.
🕴️There is limited threat to Xi Jinping's position in the government despite economic unease.
📉China's weakening economy has led to a lack of investment, borrowing, and hiring.