The behavior of Chinese authorities in September 2024 (Xi visiting Gansu province, seeing local governments running on fumes with unpaid civil servants, then ordering stimulus) suggests either A) Chinese officials and Xi don't understand the economy or B) the official data does not explain what's happening on the ground, with the latter being more probable.
causalpending
Speaker
Logan WrightEvidence Quote
“Xiinping went to Gansu province in September and he saw that local governments were basically running on fumes... Civil servants were not being paid... you can conclude one of two things from looking at that. Either A um Chinese officials and Xiinping do not understand what's happening in the Chinese economy. I think that's improbable. Or B, the data do not explain what's actually happening on the ground.”
Created: 8/12/2026, 6:32:13 PM
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