Can China's Economy Be Saved...

If you've been keeping even a casual eye on the news, it's hard to miss the signs of China's economy navigating through turbulent waters. In recent times, the world's second-largest economy has found itself facing a series of daunting challenges, each casting a shadow over its economic landscape. Overleveraged property developers battling with escalating debt and home prices that have grown becoming untenable for many citizens, particularly the younger generation. The mismatch between skills and jobs causes high unemployment among educated urban youth. Furthermore, decreasing exports and deflation have exacerbated the economy's challenges, with weak consumer demand and an overreliance on exports worsening the situation.
In today’s video, let’s take a look behind the collapsing economy of China.

Clips and Sources Used:

#china #recession #economy

[hendrang]

China's industrial production rose by 4.5% year-on-year in August 2023, beating forecasts of 3.9% and quickening from a 3.7% increase in July.
It was the strongest expansion in industrial output since April, following recent support measures from Beijing to bolster economic recovery. Manufacturing activity advanced by 5.4% (vs 3.9% in July) and mining output rose by 2.3% (vs 1.3%).

[kehcat]

The thing is that nothing can change. There is so much economic insecurity everywhere. I don't understand why we talk about things when there are no solutions anywhere.

[tonybuono-xc]

Why you don't save your own economy, and leave China alone?