China’s Economic Slowdown: The 3 Ds That Led To The Economic Crisis In China | Explained

China’s GDP growth was cruising at 6-7.8 % from 2013 to 2018. It slowed to 3% growth in 2022, despite post-covid opening up. Even in 2023 GDP will probably rise to just 4.7%. China’s economy has worried global financial markets and businessmen. China might fall into a debt-deflation loop. To understand China’s economic slowdown watch this video. Latha Venkatesh Explains.
#china #economy #inflation

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[venkatesh]

Latha venkatesh madam is of excellent quality in the finance sector, we can believe her share buying with all details.👍

[Dipps]

Chinese economy will quiet easily bounce back. They have the biggest middle class and they are still the manufacturing capital of the world.
Property maket is taken away from speculation and that's why short term pain.

[bikashgurung]

True, wages are definitely rising in China due to reduction of working age and talent pool. I know a few of my friends moved to China from India for a high salary with almost similar costs of living to Indian cities. They told me they saved a lot compared to what they were making back home. Also they do agree there is a slowdown and deflation going on in China.

[joem]

"D" for debt is true for the US also. The total private and public debt (incl provincial govt, SoC, and central govt dent) is less than US public, private debt and unfunded entitlements. Both US and Chinese debts are primarily owed to its own entities in it own currency. China is not at risk of default.

[cuckoonut]

How many cigarettes does she smoke a day?

[joem]

"D" for deflation is was only -.3% in July YoY. The whole world is calling 1 single data point Chinese "D". This is just a echo chamber of non-sense. Japanese has substantial delfation for decade and in environment of rising exchange rate. Chinese exchange rate is falling. Completely different.

[blokin]

This woman says 'a minus 0.3% inflation' which is not minus but a plus. I suggest you hire someone who is educated because this is rubbish.

[joem]

"D" for demographics. Demographics is a universal problem in the big economonies. The US is getting a lot of immigration which is causing a lot of internal divisions. Nor is this immigrate raising Manufacuring job as % of all non-farm paylroll. You cannot build industries nor claim to solve any demographic problem from illegal immigration. The same in EU. The invasion of millions of refugee is not re-industrialising the EU. They are merely causing social and asimilation problems.