China Just Got A Lot of Bad News | Housing Collapse | Chinese Economy | US-China Tech

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China Update is about China economic and political news and analysis #chinaupdate

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00:00 Introduction
00:12 Chinese Economy: Manufacturing, Housing, & Gold
06:32 US-China Technology War: Chip Curbs

China Update provides viewers with the most up to date political, economic, and geostrategic analysis on China. Videos are based on hundreds of articles, think tank reports, government statements and other resources in English and Chinese. China Update is fully independent, all views and analysis are all my own and I make the videos.

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Disclaimer: China Update is NOT a financial advisory channel. Nothing I say should be taken as investment or any other kind of advice. Please speak to a professional before making any investment decisions. While I take great care in researching everything discussed in my videos, I do not guarantee that all claims are 100% accurate, all claims should be verified by viewers.

[daomingjin]

So basically, the U.S. is adopting import/export restrictions that China had already used on the U.S. for years.
Got it. :)

[tonysu]

A PMI in the 30's
That's really, really bad. I can't remember when any economy was last measured in the thirty's, typically iit's already bad in the high forties (only slightly into the negative). There's almost nothing to compare against.

[MainMan]

More debt, more industrial investment, more manufactured goods with limited domestic demand, further western limits on Chinese exports. More of the same.

[cherylpringle]

If Apple can move out of China, so can everyone else.

[kateryan]

Good. Let's all further help the Chinese out by reducing any Made-in-China purchases whenever humanly possible.

[markgarin]

Wait til they find out how real those gold bars are....

[imaslob]

Shoddy buildings don’t make an economy!!!!

[Toothnut_Hamsterfolder]

I appreciate all you do, Tony! Thank you for your efforts, sir. Stay safe!

[gregash]

The Chinese have few options for long term wealth perseveration. Private land ownership is not an option, real estate has crashed, precious metal purchases are subject to fraud and counterfeits. These factors impacted by delayed or no marriage, fewer or no children even after the end of 'one child policy', and university graduates with limited employment options, spells the demographic collapse of Chinese society when a lack of hope and opportunity dies.

[williamstearns]

Reducing all of our dependence on China’s rare earth elements is very possible as there are many alternative sources, even right here in N. America.

I’ve done the exploration work on many of them over the years from Strange Lake in Quebec to Halleck Creek in Wyoming.

There just has to be the will to do it; a little help from state/fed to offset the cost for environmental protection infrastructure (China has none) to minimize impacts and assuage local concerns.

And just as important, the construction of a separation facility to process the ore, as the Mountain Pass Mine hopes to do, instead of just shipping the ore to China as most mines have been doing, including Mountain Pass.

Like oil, these minerals are strategically critical resources, and it’s high time we treated them as such before China decides to start charging exorbitant rates, or simply imposes a 1970’s OPEC style embargo as relations continue to sour, or worse, there is a conflict.

[Grey-yu]

Increasing debt levels, heightened industrial investment, and a surge in manufactured goods with limited domestic demand, coupled with further Western restrictions on Chinese exports, result in a repetitive cycle of economic strain.

[creekwalker]

5% growth is too much for any country. Good for the short term. Unsustainable in the mid term. You'll be right back to where you started, in the long term.
Edit: 1.5 to 2.0 percent growth is the sweet spot.

[Greg-Horne]

China is facing an unemployment, real estate, deflation, debt, capital outflow and confidence crises.

[mickelodiansurname]

Can I point out Tony that Advertising to support a channel is a recognised, simple, universally accepted and fair means of raising revenue, and you always seen so apologetic about it... we are big boys and girls... we'll cope!

[colgategilbert]

Thanks Tony. Japan, Korea and Holland need to diversify their customers and import needed resources from elsewhere since China is seeking economic isolation and the supply chain is fragile. It could all go in to an asbestos hand basket at the drop of a hat.

[ithelpdeskcomhar]

It about time that the US stop giving our competitors and equal advantage, and a chance to advance. WTF is wrong these companies not doing a better job at protecting its technology.

[TimothyLoftin-li]

One wrinkle in the chip exportation issue: China has made a practice of buying electronic equipment, removng specific hard-to-get chips which are then built into other systems.

[karlrmaier]

1st World free market democracies never use GDP targets.
Why do the most successful economies not use GDP targets?
Could it be because such attempts to force GDP growth are counter productive?
It is therefore unsurprising that CCP gang China is in a full blown collapse since stupid Political Bureaucrats are attempting to dictate economic growth, as if such complex and sensitive economics can just be ordered to comply.
Free Markets are creative and the most efficient way to allocate resources.
Authoritarian Cultures cannot support free markets because in them political power negates the "Rule of Law" needed to secure "Private Property" required for free markets existence. As investors recognize their capital is at risk of government theft in CCP gang markets, they flee and Chinese Markets collapse into Government SOE masturbation.

[mihangelap-williams]

China, we want to produce it all and be self reliant, also china, please buy our stuff, no

[wayausofbounds]

I find it hard to believe that this channel has under 100k subscribers. Tony has built the most balanced fact driven China business channel on YouTube, even if that's annoying some of the time. You're doing excellent work @ChinaUpdate.