China has recorded its slowest economic growth since 2020.
The slump is being blamed on its zero-tolerance COVID-19 policy, which has interrupted industry and flattened consumer spending.
Second-quarter GDP grew just 0.4 percent, compared to the same period last year.
Economists warn the government’s full-year growth target of 5.5 percent is out of reach.
Al Jazeera’s @Adrian Brown reports from Hong Kong.
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Have we had enough of China dependency, yet?
The wisest thing that should be on everyone’s mind currently should be to invest in different streams of income that doesn’t depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in Gold, Silver and currencies (BTC)
@Henry Avalos thanks I’ll contact him right away…
I’m investing in beans.
which country who always use bioweapons? The world should blame to that country
Yes, so true. Having got burnt by Bitcoins scams, I am focusing on a new investment…religion. Yes, I am starting a new religion. All sinners, including those who recommend an “investment guru” after this thread, will be welcomed to join. No long term contract, no in-your-face sales, just pure religion. If you are to bring a friend along, you get a 10% discount.
Bitcoin isnt a currency..Stop dreaming..It will fall down and will be forgotten soon. Come to the real markets.
The Stock Market
Each country should prepare for self sufficiency rather than looking at other countries..
That would destroy many countries whose whole economies are built on it. Loik at world history and see what happens when world trade collapses most governments collapse and ultimately the people suffer the most.
Someone is living in the Disney world…
@Purple_Orca40 sad but true
Ok, make your own mobile phones and EVs
Yeah Mao also thought this….as does N Korea. Look, for economies to continue to advance they will need to trade with each other – and that means they will need to rely on each other. This is why we call it the “global” economy. It’s just going to be impossible for a country to act like they are on an island and still do well/grow
All the industrial-export-oriented countries; the US, Japan, Germany, India, Vietnam, etc, etc are all in a trade deficit in the month of May 2022 but China is the only one in the world to have a surplus, and China has earned plentiful in the last 2 years, so, what risk is there country wise? 2.5 CPI in June is not enough to create inflation.
Governments in the western world know the truth, they fool the people, and the media acts as a sounding board, just like Al Jazeera.
Heard this million times. What is more important is what’s going on in Ukraine and Russia which supplies the wheat and fertilizer and energy the basic necessities of life. China’s slowing economy will actually help other countries and the world climate.
ya, help other countries enjoy their inflations without affordable made in China products. 😂
@Bonnie can you afford high quality products?
China is not a dependable economy….
China borrowed money from the rest of the world.
Except for America no one is in as much debt as China.
It has taken China just 40 years to get into almost as much debt as America…. It took America almost 300 years to get to level of debt it is currently in.
If you build your life or country by using a credit card.
It can be very beneficial…
But if you mess up like China has. Then your whole life/country will crumble 😉
Chinese banks will not let people withdraw cash from their bank accounts..
Housing market… Totally trashed.
Local governments have no money.
Still struggling to control its virus.
Construction industry is also on the verge of collapse..
Exports down…
Dominic consumption is down…
China is turning into another failed communist state 😉
West needs to buy less from china .
Let china and russia be partners
Here’s a thought. Japan’s economy has been “dead” for well over 30 years. YET. Japan remains a quiet economic POWERHOUSE….My point being. You DON’T need GROWTH to be comfortably successful. You can quietly be the richest man in the neighbourhood and nobody has to know.
@Aaron l LOL .They have poor quality .First whole world had a huge interest on chinese brands .But ungortunately now chinese goods are being discouraged to buy by old users
@Aaron l So it cannot be superpower or globally influential
@COCKTAIL Those telephones or TV set whatever they are, they are not made in Vietnam, they are assembled in Vietnam with parts imported from China. Just like solar panels. China offers Complete supply chain to manufacture just about everything. Even for tesla, The ev equipped with all the high tech, are manufactured with Majority of the parts made locally in China.
Speaking of electronic and chip companies , Among the 20 fastest growing ones, 19 of them are Chinese companies In 2021.
You’re not the first naive person i’ve seen who believes is those western companies transfer their factories from China to Vietnam It will be the end of China. That’s just simply not going to happen. Ask yourself where do they, like Vietnam or other countries, get all the electric power to support them as a global Manufacturing hub? Because the amount of power it requires is astronomical.
@COCKTAIL China manufactures goods It’s all different quality. Depending on your pocket. If they buy cheap stuff then the quality will not be good But that’s what they pay for. Also China don’t sell their best quality stuff to outside China because they’re competing within the domestic market.
@Aaron l .Cmon .
This news made my day !What a good news after series of bad news .For those beleiving China would be next superpower USSR had very high economic growth in 1950 60 70 and mid 80s .But it utterly failed .Same thing to China .Japan was also China growing and becoming world factory .Im not against China but China is against us humanity.
The Chinese Buddha said, “想要佛法兴，唯有僧赞僧”, which means that if Buddhism wants to prosper, the monks must praise each other. Today’s world economy is globalized, and the economic prosperity of various countries is interrelated. Only when many countries help each other can the world’s economy prosper and survive the financial crisis.
@DING JF Yes but we do not support communism.
@Farzana 🇺🇸 My man 🇺🇲🇺🇿.USA democracy and human rights forever
再怎么slow,咱们也是正增长，增长少一点罢了。不像某些国家，负的喔😂
@B C P you know？18*2.5=45，3*5=15
@Grumpy rabbit Wumao chinese 50 cent bot
@Salvatore Maglione 你除了这还会说啥？那个bot会回复你？
@Grumpy rabbit Something happened in Tianamen square in 1989, there is a uighur genocide in East Turkestan and The Republic of China (ROC) in Taiwan not only exists but is the real China.
According Indian analysis: China’s economic growth slowly.
Meantime China’s economy maintains a trade surplus. By the way, France has a trade deficit of 6.01 billion euros; the UK has a trade deficit of $15.5 billion; Japan has a trade deficit of $17.8 billion; South Korea has a trade deficit of $1.71 billion; the United States has a trade deficit of $85.5 billion.
Means all you fakers out there are fanning the slowdown, not the chinese.
Sorry my country has been saying china is collasping
For the pass 20years
10years later stil same
Takes guts to play this game and China is playing it well under the cover of zero covid policy.
Or failing hardcore and you’re in denial
@chechnya time will tell…let’s see
China knows something we dont..
No they don’t. They just like to pretend they do.
I SMELL A SHORT SQUEEZE IN THE MARKET 4 FEW WEEKS! Now retail investors believe the market will keep going down. They go Short. The big money gonna SQUEEZE those brainless to get their money. THE NEWS NOW IS NEWSLESS.
Part of their planned agenda c19 a very weak virus easy to treat with safe cheap meds 70years old made in uk then india lords took them off market in early 2020 how strange after top v in the world live on cnn news said the few who may get it take these meds taken down by msm also same vid usa scientists said c19 we made in a lab under fauci who gave to china as they always did
,
“Given it has the lowest vaccine rate”, what does that tell you? All the idiots that thought government were people to obey are the ones getting all the new variants
Lol, but only China is still on hard lockdown 🤣
CCP set a gdp target at the same time undermine that target with another policy. For a party that advertise itself for long term planning, it just seem so dumb.
No life no rights.
Our leaders care about people.
1M American die, can’t get a word from the president who enjoys with the “successful” results.
chinese ccp were dreaming and unrealistic ambitious
What is Bad for China—-Is Good for America! America First—NOT LAST!
Good analysis by a few media white boys to define China economy. Getting my like & subscribe.
Globalism has proven to be a disaster…
When China sneezes, the world will catch a cold.
I drank a 5th of Canadien with dinner.
WEEDS delicate
台湾每天死100人，很稳定，祝愿陈时中早日当选台北市长，BA.5来啦，哈哈
Don’t worry about China, they are in safe hand of their capable party and leaders. They care more of the people well being rather than money concern. Money can find back anytime but not lives.
Good news
globalization is dead offshoring to China needs to stop and to be reversed
Globalization is bad for local economies it is bad for the environment and it only serves the shareholders for higher profits
To accelerate the reversal of off shoring consumers need to boycott corporations which operate in China
They are managing supply because the rest of the world is now too broke to consume max Chinese consumer goods output. It’s called sandbagging. And when did AJ become a Western propaganda mouth piece like BBC, Sky and DW???
It is all relative. When the G7 countries have been contracting and a significant % of their people have died or have their health impaired by Covid during the last couple of years, China has managed to protect her people and their livelihood relatively much better with positive albeit smaller growth rate, and far far lower % of people infected with the Covid. Their assets relative to the US have not declined since. Which country is managing things better for her people? Surely not Sri Lanka, the UK or the EU zone countries.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
I just looked her up on google and she’s a licensed broker, I am contacting her right away, thanks
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This is a fake conversation if I’ve ever seen one lol
@Jesus Guerrero lmao please use a nickname, it’s hard to tell if you are a bot as well cus they always use their full name as their account name
if you even worry about China’s economy, you must be freaking out about US & Europe’s economy
@Ruoyu Li population matters to
@Ruoyu Li Hmmm. You didn’t understand this video, did you? The reason inflation is at 2.5% it’s because consumer confidence is low, and people are not spending. How is that fine?
@For Beginners and Beyond Because people don’t get economics and assume “inflation bad, therefore no inflation good” without understanding why. China’s inflation is low because consumer confidence is low, because of lockdowns, a banking crisis, and people defaulting on mortgage payments.
@DasBubba I think you guys don’t understand. Since Chinese inflation is still in the normal area, the government still has the option to put more money on the market to stimulate the economy – just like what FED did in the last years. US and the other countries with high inflation would have to consider it twice. Because this would rise the inflation further. And also, the high inflation in the US is not because that people are consuming more. On the contrary, people are consuming less but the price keeps rising. This is not a healthy inflation, in which case the inflation rises with higher GDP growth. The situation is more like the 1920s. If this situation is not handled well I’m afraid we are going to face another great depression.
Poor China, ran out of ideas for manufacturing factories making clothes plastic wares iPhones yawnnnnnnn
Hey, wait a minute here . . . isn’t China one of the BRICs? How can it experience a slowdown?
Lockdown 🤔
@hon liong The BRICs were supposed to be recession-proof, just like the “tiger” ecnonomies before them. A recession in America and its pals shouldn’t have affected them much, but it did.
China’s lowest and slowest economic growth is still better than the negative economic growth of many countries including the developed nations.
It’d there own fault for the Chinese biological warfare labs releasing covid into the community. They then tried to cover it up which made it worse.
This is awesome news. Hopefully the Chinese economy crashes never to return. The bad effects to the world economy is acceptable.
Most insightful and intelligent comment.
So Wall Streets mafia economic gangsterism and Federal Reserve multi trillion dollar printing spree has everyone feeling safe and content?
well……..
Comparing inflation rates in the US and Europe, China is a paradise.
Well, low inflation, SOME growth, low Covid infection rates, belt-and-road action continuing to grow I think? Crops are good, state-owned-enterprises and their big projects moving along…. We can’t even DREAM of this in Murica! Constant discussion of people being poorer than their parents, a rising tide of homeless people, startling price hikes here and there….
No
Their main problem isn’t inflation though… it’s a lack of a growth engine and the zero covid policy. Their growth engine for the last 30 years was real estate and infrastructure… that is going to be much much harder going forward. Not to mention if the rest of the world goes into recession – that means demand for Chinese goods goes down too… so decreased manufacturing as well. All of this + the zero covid policy on top makes things a lot more challenging
@David Lomax not last 30 years… 30 years ago, real estates were assigned and not for public sale. Infrastructure acceleration was about 2010, Which is shortly after the 2008 economy crisis. But I do agree with you the housing bubble problem are very very hard to address, the strategy is to address it a bit every year.
Low inflation isn’t always good because it means there is low consumer confidence
All you fakers out there, excluding the chinese are the one fanning the decline. China GDP is on positive growth whereas the countries of you fakers are in negatives. So, know some shame before you try to spread rumours about others..
Don t worry.
Its just a blip in china.
V get the engine running asap.
That s the beauty of china.
@Priyank Saikia i m from malaysia. N of chinese descend. My grandpa from fujian.
@Set san Chew I too am from Chinese Descent. Read up on the Ahoms.
@Priyank Saikia will do.
@Priyank Saikia tq 4 this ahom headup.
Don t even know there s a ahom dynasty.
V learn until the day v die.
@Set san Chew Hehe Yes. 600 glorious years of our rule over this land. Had we never been Chinese, I doubt about our capability to rule for so long.
SLOWING means that China is growing only 5 times faster instead of 7 times faster than any other’s nations GDP.
Financial crisis inbound.
Funnily enough. An authoritarian country has lower vaccination rates than democratic ones.
analyst tend to see in an weird angle on things. One can have opinion but the world is more complexe than anyone can imagine.
Besides, implying Government statistics may be inaccurate is counter-revolutionary and inharmonious.
Germany, a wholly export oriented economy, saw it’s lowest trade surplus in decades, US facing decade high inflation.
and the list goes on, So how come China gets the special treatment reported by western media?
Yes AJ is a western media in all of their agendas except on Israel.
Pakistan 🇵🇰 supports China 🇨🇳
JULY 8 2022 Western investors flock to China equity ETFs
Western investors pumped a record amount into Chinese equity exchange traded funds in June as the mainland stock market surged ahead of its major rivals.
The flood of cash into the Shanghai and Shenzhen bourses came as the country’s draconian Covid lockdowns were eased and regulators telegraphed a less severe approach to policing China’s tech sector almost a year after kicking off an unprecedented crackdown.
Both US and European investors poured record sums into the Chinese market, with US-listed ETFs taking in a net $4bn and those domiciled in the Europe, Middle East and Africa region sucking in $1.8bn, according to data from BlackRock. The combined total of $5.8bn comfortably exceeds the previous record of $4.3bn set in January.
The European buying spree occurred even as Emea investors pulled money from both US equity ($900mn) and European equity ($800mn) ETFs.
“European investors are not really buying US equities, not really buying Europe, but they are buying China. That’s a marked change in global flows,” said Natasha Sarkaria, investment strategist at BlackRock.
Blackrock is very sus
International mathematics Olympiad results:::::
China = first place with 6 out of 6 gold. First time in the history of the Olympiad that a country won 6 out of 6 gold
Second place = South Korea with 3 gold 3 silver
Third place = US with 4 gold 2 bronze. Worth noting that the 4 gold in US team are won by ethnic Chinese members of the US team.
Japan ranked 15th
India ranked 24th.
I prefer to have MADE IN CHINA goods 100% than USA Liberal democratic values that benefit USA alone& their values that goes with it !
When China sneezed… The rest gets a fever
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Oil 🛢️ price going to down 👎 ,very 🔜 OPEC facing problem due to lower oil price
I arrived back in Shanghai in March just in time to go from quarantine to lockdown. I have never in my 19 years here seen anything like it. For so long China was the vibrant place where growth and standard of living grew each year. Now we are stuck in a limbo of uncertainty. Literally every week since the big lockdown ended there has been some farewell event for yet another expat leaving. Hopefully pragmatism will prevail over ideology soon or China’s miracle 30 year-run growth will come to an inauspicious end.
So what? China have already stated they don’t mind an economic slowdown, that can be regained. Lost lives are gone forever.
@tuks kano It is much much more complicated than how you are putting it.
@David Lomax And completly neglects how people are locked into their apartments and sometime starve.
At this moment China suffers from lack of demand and it needs to boost domestic economy and fight deflation through increased investment and credit to countries in Asia and Africa for construction of infrastructure (One Belt One Road)–this will increase demand for Chinese oversupply of steel and cement
their problem is actually the growth nothing can grow at that rate indefinetly and as soon as resources start to dwindle seriously china will be the country that it`s collapse will be the hardest we seen that previous to covid china was already in an energy crisis coal prices risen to fast in 2020 then they managed to slow down the world economy by launching the corona and that stalled the oil and coal prices but not for long the prices will eventually go right where they should be and they will only grow
@Aaron l and it did it`s 4% for now
Cursed be china
fake news!
Lives over profit ! After all China is not a capitalist country so Chinese lives matter more than profit and it’s worth it.
Lol. Lmao. Is this serious? Can someone show this man a LiveLeak video?
China and Russias economy are said to go up, but the thing is these economies are already feeling the effects of inflation and are going down
Chinas econpmy despite the lockdowns and harsh international market sentiment performed better and grew by 2.5 percent in the first half of the yr..As China is entering a High Growth Era, It econpmy will double itz size in the next 10-12 yrs.
@Priyank Saikia Their economy is about to crash financially. Growth is slowing down.
@Marshal Bali It’s real estate bubble is starting to burst. People have started defaulting on mortgage payments because of unfinished apartments (caused in part by the collapse of Evergrande last year).
@DasBubba yes
Agenda 203o full steam ahead !
All aboard !
The news did not mentioned about a certain state owned company scamming its investors and they get instantly cracked down by the government.
Stay STROGGER CHINA
Feel so sorry for the Chinese people! But the CCP DESERVES WHAT THEY GET! Hope the people RISE UP!
They just had a two month lockdown. Duh!
人造减速 不可怕 啊哈哈哈哈 😂
Well they did it on purpose 🙄
Xi jin ping tried to overcome the God power…..with zero covid policy….well we see who are you and what are you….compare to God power…!
@Dan’Sketch Well…God already speak to me and also to you…refer al Quran surah No10 Yunus/Jonah : Verse No 21 – 23…..
@NashDeen Deen dude, if I am infected by something, I will go to the hospital and talk to the specialist about the cure rather than Mosque or Church and talk to the Imam or Priest about exorcism.
@Dan’Sketch well I’m glad your go to the hospital… You know why? because the rule of medical practice by the hospitals nowadays are following the rule and the concept from father of medicine Ave cina (Abu Sina) from the book Kannun Fil Tibb…..of course you don’t go to mosque or church to find the cure…!
@NashDeen Deen okay. I don’t take your religious lecture seriously. Again dude, what’s wrong with Xi’s zero covid policy? Why do you think his policy is against God? What are you? A prophet? Did God tell you that China will not be able to control this case? Xi is smart enough to do as experts suggest and don’t hear some religious advices from random people.
To be clear, no other country “chose” to live with the virus, they were all forced into it. The reality is, Australian and New Zealand’s zero-covid policies failed.
China is very high intensity population and China Zero COVID policy is absolutely right and they care about about lives than money
Thumb up 👍
Okay pinkie.
JAMAL
Buy HHO generator, if crisis come use pee or ash solution (lye) as hydrogen resource.
If China’s economy is such an important engine for world economic well-being, then why the West is trying to screw China !!
That’s weird. Last year, western media outlets had been spewing reports suggesting that China’s zero-covid policy was endangering the global supply chains and hurting its own economy. However, China’s 2021 GDP surged to 8.1% and its export jumped 30% to USD3.3 trillion, both the highest in the past decade.
Lately, reports of China’s covid policy causing supply chain disruptions have been prevalent again. One would expect China to be subjected to labor shortages, skyrocketing inflationary pressure, empty supermarket shelves, hiking rates, slowing growth, tanking equity markets, the Great Resignation, the Great Sick-out, Supply Chain Disruptions, and so on. How come we have only seen such phenomena in the USA and some western countries?
If we fast-forward to the end of this year, will China doubters again be silenced? Let’s revisit this then?
Thanks for showing this news ..Hindutva or sanatan dharma which is not started just 2-3 thousand years back..it is eternal…ye dharm na sirf insanonse balki har innocent janwar ped or pure nature ko pyar or respect karna sikhata hai…Ye isko usko kafar kehke neecha dikhana nahi sikhata, ye kehta hai ki sabhi ishwar ke priya hai usane banaye hue hai aur ishwar sabse prem karta hai saman saman, bina bhedbhav ke. Bhagwan ye nahi dekhta ki kon kitne smart tarikese uski puja kar raha hai..wo bass bhav/ innocent prem dekhta hai,,murti puja to pehle har dharma me thi,,,ishwar ko har jagah dekhta the,,,,badme kuch log hoshiyar hokar naye tarike apnaye….kya purane sare log galat the…..ishwar khuda tarike nahi balki saccha nishpap prem dekhta hai…bhakti bas sachi honi chahiye,,..aur kehte hai ki sabse pehla insaan adam tha jab ki scientifically ye proved hai ki insanoki utpatti evolution bandaronse(monkeys)se hui hai..aur adam and eva bandar to nahi the,,,,,Ishwarne sabko banaya..banate waqt usane bhedbhav nahi kiya..sabko do hat do pair ankh diye sukh dudh man apman saman diya fir hum tum kon hote hai hoshiyar isko usko neecha dikhanewale…Geeta shlok says:_ 1)Yo mam pashyati sarvatra….jo muze har taraf har jagah har disha padartha me dekhta hai aur sabkuch muzme dekhta hai usase mai door nahi aur wo muzse door nahi….2)yaschapi sarva bhutanam bijam:- sare drishya aur adrishya vastuonka main sanatan bij/root hoon, mere siwa yaha koi bhi astitva me nahi ho sakta…aum aum aum..Sanatan dharma me sirf parampita ki upasana nahi to sath sath param maa/ prakriti/ srushti ki bhi upasana aur pooja hai..isiliye ise purna dharma kaha jata hai…Jagadamb Jagadamb..Jai mata di..Isiliye ye dharma kisiko neecha nahi dikhata. Hum to jesus ko bhi mante hai krishna ko bhi mante hai aur khuda ko bhi mante hai..ye sab usike naam hai, wo har taraf hai, use kahibhi koi rok nahi ho sakti maujud hone me..usake liye koi bhi cheez duniyame dusari nahi ho sakti agar aisa hai to use or us cheez ko bananewala koi tisarahi hota…ishwarne sab kuch sare brahmand apane andarsehi prakat kiye hai banaye hai aur yahi uska vishwaroop hai aum aum. aur wo sirf naam ya smart tarika nahi dekhta pujaneka..sirf innocent saccha pyar bhakti dekhta hai jo usake prati hoti hai.. Wo bass pyar chahta hai.jaise koi baccha apane baap se karta hai maa se karta hai, pram shakti ko har taraf dekho air pujo…quki wo har taraf hai.lakho dishaonme lakho akaronme lakho jagahonme bas usi ko dekhna aur pujna hi uski sachi bhakti hai….Ram bhi wahi Krishna bhi wahi, khuda bhi wahi,, Jesus bhi wahi…ishwar khuda pyar mohabbat hai, darr nahi…Param pita param maa sukhi bhava sukhi hai unhe naman..Jai Bhavani Jay Shivaji…..aum aum om.-..,&….
As long as there is no war and civil strife, China will not be bad. It is an ancient civilization that comes down in one continuous line.
哈哈哈哈id和发言反差萌
Communist Party of China = 💩
The analyst not giving any analysis is awesome.
Kevin analyst did not say anything
Everyone will get slow if the US gives u an sanction and problems.
Dependable “growth” engine fuelled by debt, endless speculation and wasteful spending to build ghost cities and money haemorrhaging high-speed rail lines. Not to mention all of the white elephant projects constructed overseas. Maybe we’ll finally get to see just how much of China’s GDP figures are imaginary.
to make economy strong going it’s needs sync between people and government. and chinese people and their government have sync in developing country
Lolwat.
China is the best seller of drugs/cocaine in the entire world
*Buying China 🇨🇳 garbage products funds the aggression over the contested waters, building man made islands and militarizing it, funding the spread of the virus killing millions of love ones around the world, and threatening other nations with nuclear strike. So don’t be fooled by China’s 🇨🇳 words, because they do the complete opposite. China 🇨🇳 has been flooding every country with drugs. The world should stop making business deals with China 🇨🇳 and should stop relying on China 🇨🇳 Boycott China 🇨🇳 garbage products and China 🇨🇳 businesses outside of China 🇨🇳 in every possible way. Let’s all do our part.*
Justice for Shirin 🔥🙏😭
if you heard a news from like this. you would be totally misleading far away to the truth in what’s exactly going on today’s China. we always try to simplify the China’s structure like emphasizing the position of their present Xi, actually the ccp is a very large number people composed much more than the number sum up by USA plus Europe. what they do a task, the direction and decision made by all of the elites in ccp definitely not by Xi, that’s a very dangerous thought if we constantly deem Xi means all the power in China which should lead us to a sense ‘dictatorship’ actually China totally not like that.
China’s GDP in the first half year was 56264.2 billion Yuan (≈8.7 trillion USD), the Q2 GDP is 29246.4 billion Yuan (≈4.5 trillion USD). In the first half of the year, the total import and export of goods 19802.2 billion Yuan (≈3.05 trillion USD), an increase of 9.4%. Exports 11141.7 billion Yuan, up 13.2%; imports 8,660.5 billion Yuan, up 4.8%. Trade surplus of 2481.2 billion Yuan (≈382.7 billion USD).
Interesting that China is picked. I believe China is the only major economy, which is not in a significant recession this year. Here in German the inflation is reported at 8.x% but a grocery shopping costs me about 30% more comparing to last year. Housing price is up unstoppable as well. And the most sad thing is that the salary didn’t rise.
China’s lock down is not about covid, China’s lock down is about no money.
Hi Fred Michael, please give me some tips on building wealth on shares. You sound like a good advice.👍
Low vaccination rate? Excuse me? Here in China vaccination is necessary for everyone except for those who are not allowed physically. Everyone, even my underage sister and my grandmother is vaccinated. Those experts just can’t let go any chance of smearing China😅😅
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4285⤵️
870)
If this economy defaults whose to blame
If China cough the world will hv flu . China shud take care of it’s own domestic needs . Flush out all the hot funds before opening up ur financial market .
This is only the past 3 month things.
reflect how CCP is doing its China. one person’s rulling above everything.
not the economic trend, it is talking about.