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What the fuck is a "fractious economy"
Dunno but I fail to see how it can be more fractious than an economy based on a stockmarket that is in free fall because of the tweets out of a mad ~80yr old king.
China has a Schroedinger's Economy. It is always in a superposition between imminent collapse and growing faster than the American economy, both being true simultaneously. The West actually believes both, and to make sense of the cognitive dissonance in their head, they call the economy "fractious"
China is so advanced their whole economy is in quantum superposition
That links to an article the same guy wrote a year and a half ago about the usual "muh Evergrande" stuff. So to answer your question, I don't know.
An economy way past its bedtime?
You can’t reason with the Chinese economy when it’s in this state, it’s over tired and doesn’t know what it wants.