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CHINA in Deep Trouble as Profits & Steel Industry Crash, Unemployment, Deflation & Demand Concerns

Please Support The Channel: YouTube Super Thanks (click below) YouTube Membership (click below) https://www.buymeacoffee.com/JoeBlogs   / joeblogsyt   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. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. 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 #china #india #Belt&Road #globalrecession #globalfinancialcrisis #russia #Evergrande #China #Recession #Zhenro #Bonds