China’s bad behavior comes back to bite them. By Lawrence Person.

It turns out that having your ruling party alienate the entire world with a genetically engineered plague, rampant human rights abuse and widespread intellectual property theft is not conducive to continued economic success. …

China’s exports have slumped, causing huge unemployment in China:

“According to data released by China’s General Administration of Customs, China’s exports fell 9.9 percent year on year in December 2022, widening the decline from 8.7 percent in November and marking the biggest drop since February 2020.” And those are the official numbers. It’s almost certainly worse.

“The once congested roads in this major terminal in Guangdong Province, and also in the Pearl River delta region, are now empty. Trucks are parked all over the parking lot, reflecting how depressed the foreign trade export industry is.” …

“The Chinese government is carefully covering up the situation of its major economic regression, so it isn’t easy to tell from the statistics how serious the situation is.” But employers think it’s really bad. …

Foreign companies are pulling out as well. “500 European companies have already moved to Singapore to set up their headquarters.”

Workers are returning from their Chinese New Year vacations only to find their factories shut down owing them back wages.

“Just after the Chinese New Year, the labor prices are dropping like an avalanche.”

“The largest wave of unemployment in the history of CCP country is here.”

Here’s a hint: Your crooked commie rulers acted like the biggest jerks in the world and everybody got tired of it. You reap what you sow…