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President Xi’s stubborn commitment to Covid Zero means China is guaranteed to miss that goal this year: Economists now forecast gross domestic product growth will hit just 4.5%, according to a new Bloomberg survey, with Goldman predicting GDP will rise just 4.0% as noted above. See this in the chart below and learn more here . Concerned that the unemployment rate is approaching levels where the dreaded “social unrest” becomes a possibility for China. China’s surveyed jobless rate climbed to 6.1% in April, the highest since February 2020, and sent the yuan plunging to the lowest level since late 2020. See this in the chart below. These charts do come from their base data of the CCP, who have long been suspected of “cooking the books.” So the situation could be far worse. Judging from the draconian activities of the CCP to control their people via Covid restrictions, this could be the case. At the Right Wire Report , we have reported extensively about the situation in China – “ A House of Cards .” This piece was written two years ago, explaining what would and what now is happening in China. Other pieces we have reported on include: […]
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Covid variant BA.5 is spreading. It appears milder but much more contagious and evades natural immunity. Best to boost your immune system with new Z-Dtox and Z-Stack nutraceuticals from our dear friend, the late Dr. Vladimir Zelenko.