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Power Line
14 Aug 2023
Steven Hayward

On Friday we noted here one of the signs of severe economic distress in China—the rising unemployment among young Chinese. Over the weekend a number of other data indicators came across the transom, starting with this series on deflation in China from Semafor:
The second theme to take up is the ongoing “decoupling” of the U.S. and China. The Wall Street Journal did a chart feature (how handy for us!) over the weekend about how we are “breaking up” with China, and here are some of the revealing visuals: