China's Great Slowdown

China’s momentum is fading after decades of supercharged growth. A much anticipated post-pandemic recovery appears to have flopped, with data flashing warning signs across the economy.

The government’s traditional tools to boost growth may not provide such obvious options this time.

We’ll look at why China’s slowdown could send ripples around the world.

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[jiapusun]

The young lady said I just want to sell all my properties in hands, one by one. Well, what a poor lady. 😂

[keyin]

5.5% growth is called slowdown, while 1% growth is called recovery.

[weighs-n-means]

Painting a picture that is rosier than reality.

[LaurensPP]

Not even mentioning all the ghost cities with empty owned properties.

[azmodanpc]

As someone senior in the CCP said: "GDP numbers in China are largely man-made", so why not boast of 10% yearly like they did before? It's not like some independent watcher will ever contradict them.

[jerryrichardson]

Not a word about production costs going up through the roof.

[boredname]

There is insinuation by some that the GDP is overstated

[scott]

I am falling on the floor laughing for every time this video uses official statistics without mentioning how creative they can be.

[squiggy]

If I saw my nest egg drop in value month by month, I will also stop spending and start saving more.

[kokovas]

It's the same in indonesia. Ppl are spending less. Retail hasnt recovered yet. Travel spending increase yes, and that takes away the budget to spend other premium / luxury products

[Gary-ksgt]

I heard about that view every single day in last 3 decades...

[deebil]

The 5.5% growth numbers are absurd. If you look at all the major industries in China they are all down 10-20%. China's GDP probably shrunk by 5%.

[shellyu]

Maybe its not a bad thing for things to slow down. Human development is relentless. We need some checks and balances

[almhi]

Trust once lost isn't regained so easily.

[ScottPerkinsLCMT]

Wow so bloomberg does stories for first was worthless

[sdngy]

Does someone still believes in the official economical reports? There are multiple contradictory data points in the economy. From the outerspace lights data, official figures from card and digital transactions that don't match consumer spending, a bubble in real estate where they have built over 600M residences for a 5B people capacity and export are crashing down so does the foreign investments. Many of these things are self inflicted which is sad. As an investor I would be very careful with form of investment in China, since not even bonds would be safe and secure at some point. There are a cultural tradition of data reports "embellishments" in many countries and China isn't spared by it from the local provinces to the top central administration.

[acmelka]

If the central government says 5%, round down to 2.5%

[robertbraden]

"Chinese-US trade has been hugely beneficial for both countries". Has it? Most of us in the US would prefer to re-shore supply.

[OOKHarry]

US 2008, too much debt crashes the markets and people go bankrupt. Banks got bailed out, bankers pay themselves millions.
China 2023, the government put restriction on debt and make people pay it back. Bankers all got a pay cut.
Slow growth, but no crash. I don't see what the problem is.

[bin.s.s.]

What a "Great Slowdown" with a 5% growth, and a 0.0% inflation.