CHINA - Protests Erupt as Economy Heads for Collapse as GDP & Employment Falls & Lockdowns Rise
Joe Blogs
215K subscribers ... 74,175 views ... 7.8K likes
Nov 29, 2022
#china #Belt #globalrecession
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Protests have broken out across China as the Zero Tolerance Covid Policy continues to cause major disruption and upset. In a recent fire 10 people died at an apartment building sparking protests on the streets which rapidly spread to over 50 cities in China. These protests come at a time when GDP & wages are both falling and unemployment is rising. Real Estate is key to the success of the CHINESE ECONOMY as it contributes around 30% of GDP. The results for October reveal a FALL in SALES, PRICES & NEW BUILD STARTS. In addition to this consumer confidence and demand for property are at an all time low.
For specific details please check out the CHAPTER list below.
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Chapters:
- 0:00 Intro
- 3:52 PROTESTS
- 5:33 TRILEMMA
- 8:39 COVID
- 10:12 GDP
- 12:52 UNEMPLOYMENT
- 14:34 GLOBAL GDP
- 17:05 OIL PRICES
- 19:29 SUMMARY & CONCLUSION
#china
#Belt&Road
#globalrecession
#globalfinancialcrisis
#russia
#Evergrande
#China
#Recession
#Zhenro
#Bonds
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