The news from China is unremittingly bad – a cataclysm of economic distress and woe. Combined with concerns on law and transparency, China is now off many investment lists. Yet it’s still a growing economy with a massive middle class of consumers. There are opportunities.
There is a myth BRICS nations now exceed the GDP of the G7 West. It’s propaganda to boost a story of de-dollarisation, anti-G7 rhetoric and how China and its allies will create a stronger, more equal global market. It’s like watching Stags fight for dominance.