China drops urban jobs target as economic pressures build”; Financial Times July 10 2026
Figures show that China has internally, a severe economic decline:
“Economic indicators have in recent months revealed signs of weakness not seen since the Covid-19 pandemic. Retail sales declined in May for the first time since 2022, while fixed-asset investment is now down 4.1 per cent in the first five months year on year.”
Thomas Hale and Joe Leahy; “China drops urban jobs target as economic pressures build”; Financial Times July 10 2026
Hence, despite China’s increasing penetration overseas in its exports, its people are suffering a living decline. This shows up in the indicators of falling retail sales (upper top left graph below); lower investment into property and housing – or ‘fixed-asset investment- (bottom right graph below). Meanwhile, production has also dropped a little (top right graph) – but exports rise (bottom right graph).
https://mlrg.online/current-events/the-two-major-world-contradictions-facing-workers-and-toilers/
Be water. Lie flat. Drop dead
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