Has gone negative for the first time in many decades.
Some have pointed out that this is due to retained earnings repatriation out of China and not true investment, but the concern still remains longer term.
This chart is paired nicely with a very interesting article from the New Yorker – “China’s Age of Malaise”.
Some fantastic anecdotes “a leak from a Chinese social-media site last year revealed that it blocks no fewer than five hundred and sixty-four nicknames for him, including Caesar, the Last Emperor, and twenty-one variations of Winnie-the-Pooh.”
