How China has ‘throttled’ its private sector via Eleanor Olcott⁩ on.ft.com/4d0gDEd

Charts that tell an important story - How China has ‘throttled’ its private sector and entrepreneurs - great reporting from Eleanor Olcott and Wang Xueqiao. The VC market has shrivelled ft.com/content/1e9e75…

My taxi driver this evening is an electrical engineering grad. He used to work at Foxconn and Tetra Pak. He was laid off in Feb. His house price has fallen by 40%. So many stories like his. We spoke about philosophy and economics. Erudite, but not very good at driving.

Gosh, the internet really is filled with some rather odd blokes.

wenfeixiang I find it strange that I checked these details carefully with It Juzi before and sent the chart before pub. IT Juzi has also published the same chart before in previous reports, I was merely updating it. Can you explain why you changed your position after the piece came out?

Beijing must have been embarrassed by this article. Several ppl have sent me posts from obscure defenders of China to “debunk” the gloomy data cited here. Well, other ways do exist to gauge the situation. Eg, easily 80% of startup lawyers there have seen all their work wiped out.

Inside 'Shein village' in southern China, the heart of the fast fashion supply chain ... more great on the ground reporting from Eleanor Olcott via Financial Times ft.com/content/a40ae7…

China's venture capital collapse axios.com/2024/09/19/chi…