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CHINA Businesses Imploding as 30% Make Losses as Overcapacity Drives Down Prices & Profits

Please Support The Channel: https://www.buymeacoffee.com/JoeBlogs / joeblogsyt YouTube Membership - / @joeblogs YouTube Super Thanks (click below) In this video I look at the very concerning issue of OVERCAPACITY in China which is resulting in Chinese Businesses FLOODING Global markets with products which in turn is driving prices DOWN and resulting in both Chinese & other companies making LOSSES. Chinese businesses are able to withstand these losses as they are able to access CHEAP DEBT from Chinese banks however this is very bad news for both the Chinese Economy 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 3:55 INDUSTRIAL PROFITS 8:27 PRODUCER PRICES 11:55 EXPORTS 14:41 CHINA 16:45 INFLATION 18:45 YUAN 21:40 FITCH 24:26 SUMMARY & CONCLUSION #china #globalrecession #chineseyuan #deflation #inflation #technology #wheat #interestrates #india #Belt&Road #globalrecession #globalfinancialcrisis #russia #Evergrande #China #Recession #Zhenro #Bonds

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