As China’s stocks stumble, Japan’s are making a furious comeback.

3 comments

1. >Economists, financiers and corporate executives around the world looked to China last year for an economic rebound after its government scrapped its “zero Covid” policy, punishing lockdowns that at times put the country into an economic freeze. But Chinese consumers didn’t participate in the kind of “revenge spending” seen elsewhere after reopenings, and a property crisis has weighed on families, many of whom have nearly three-quarters of their savings tied up in real estate.

   I remember a time in 2020 when a lot of countries were suffering with COVID while China was showing off to the world with how effective their “zero COVID” strategy was [by having a music festival in Wuhan, where the virus originated](https://www.forbes.com/sites/carlieporterfield/2020/08/18/wuhan-holds-huge-concert-pool-party-after-three-months-of-no-reported-coronavirus-cases/?sh=902e863e0ef2)

   Then it was in 2022, where the reality of how inefficient “zero COVID” was finally revealed. The people were suffering from brutal lockdowns where isolation and lack of food and supplies was a daily part of life.

   It was so bad that some Chinese people finally had the balls to protest against the authorities. The government then proceeded to quietly dismantled this failed policy of theirs

   Now, China is in decline. Ironically, it was the Chinese communist party that hastened this decline

   I’m against the Chinese communist party for many reasons but I’ll never forget the hell that was the pandemic and it made me more anti-Chinese communist party more than ever

   It’s ridiculous that we’ll never know the true origin of it because of bullshit censorship from the Chinese government

2. I remember everyone being pessimistic about Japanese stocks in the 90s and 00s. If you invested then, your returns now are pretty enormous.

3. “Soy!!!! Soy!!! Soy!”