>>511246213
>Is the collapse due to the culmination of the (actual and not just facebook-bourne) covid dictatorship demoralizing people and the combination with the housing collapse and post-covid immisseration?
I think so yes. The Trump tariffs are also crushing them and leading to manufacturing leaving China and the complete collapse of FDI.

The point is: only America and Europe have the money to buy chink exports. They have no other market to dump on except at a massive firesale loss. If they can't dump on the US, they absolutely must dump on Europe.

It's easy to see the "inward turn" as the CAUSE of the collapse of foreign investment in China, but it could also just as easily be seen as the EFFECT. Similar to how NEETs often become shut-ins after experiencing social defeat.