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China in Deep Trouble as Profits & Steel Industry Crash, Unemployment, Deflation & Demand Concerns
CHINA in Deep Trouble as Profits & Steel Industry Crash, Unemployment, Deflation & Demand Concerns - Joe Blogs
CHINA in Deep Trouble as Profits fall 20%, the Steel Industry Crashes, Youth Unemployment Soars, Deflation continues to restrict the ability to increase prices and Global Demand Concerns Rise. Following the removal of the COVID 19 restrictions 2023 looked like the year that the Chinese Economy would recover to full health however the results for April show that the Economy is UNDERPERFORMING. In this video I provide full details of the economic performance and discuss the potential impact on China and the Global Economy.
Chapters:
0:00 Intro
1:13 PROFITS
2:59 STEEL PRODUCTION
4:42 CHINESE STEEL
7:24 UNEMPLOYMENT
10:35 INDUSTRIAL PRODUCTION
11:36 PMI
13:05 IMPORTS & EXPORTS
15:53 INFLATION
19:08 PRODUCER PRICES
20:26 REAL ESTATE
22:32 SUMMARY & CONCLUSION
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