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China Starts to Implode - Joe Blogs
In this video I discuss the latest data and ongoing problems within the Chinese Economy. The economy has experienced deflation in the both February and March producer prices have now fallen for 30 consecutive months. Added to this the USA represents over 15% of China's exports and following Donald Trump's 145% Tariff it is now effectively closed to Chinese businesses. If this situation continues the Chinese Economy is at risk of imploding and will not come close to hitting the target GDP growth figure of 5.0% for 2025.
Chapters:
0:00 Intro
2:05 MARKETS
3:20 EV'S
9:27 EXPORTS
12:49 PRODUCER PRICES
14:51 INFLATION
15:48 IMPORTS
16:42 SUMMARY & CONCLUSION