China have suffered an early 2023 hit to their economy and the Chinese Central Bank.
The South China Morning Post this year on Chinese New Year – reports demand is way down for Chinese commemorative coins:
Keep in mind those are real numbers from old and young people who live in China. Reported by the South China Morning Post even.
Right across China who are shunning their own Central Bank’s offerings now.
On Chinese New Year no less!
Huge hit to China and their government.
The good people of China are standing up to the Communist Party and Mr. Xi.
Demand across mainland China also being effected now in many verticals across all Chinese KPIs. The international hits were bad enough but now actually inside China things are really being effected for the CCP.
If China were to cut ties with President Putin and assist Ukraine militarily it would surely change China’s fortunes in 2023.