CHINA'S ECONOMY- Exports fell by 14.5% year-on-year in July- Currently in deflation- Youth unemployment at record high- Credit growth has fallen to lowest since 2009- One of biggest property developers on verge of default- Yuan close to 16-year low against Dollar

发布时间: 2023-08-21 22:11:31

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CHINA'S ECONOMY

- Exports fell by 14.5% year-on-year in July

- Currently in deflation

- Youth unemployment at record high

- Credit growth has fallen to lowest since 2009

- One of biggest property developers on verge of default

- Yuan close to 16-year low against Dollar
时政
( twitter.com )

1年前由 The Spectator Index 提交

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BREAKING: China cuts one-year rates by 15 bps to 2.5% amid slowing economy
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Size of economy (GDP PPP)

1980

🇪🇺 European Union: $3.3 trillion
🇨🇳 China: $0.3 trillion

2022

🇪🇺 European Union: $23 trillion
🇨🇳 China: $30 trillion
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Why does the United Kingdom still give aid to China, even though China's economy is roughly SIX times larger?
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Which of 🇨🇳 China or the 🇺🇸 United States is more likely to be the world's leading economy in 20 years time?
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China's economy is slowing down and world leaders soon may be dealing with a declining China rather than a perpetually rising one.

explains
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China and Russia are the perfect symbiotic relationship. China imports huge amounts of Russian energy (red) and exports tons of goods to Russia (blue) that keep its war economy going. This surge in trade only began after Russia invaded Ukraine. China is Putin's biggest enabler...
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Though China seems integral to the global economy, it is an increasingly dangerous partner for the West. sits down with David Asher, Tom Duesterberg, and to discuss the perils of US corporations' involvement in China.
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🇺🇸 US national security adviser Jake Sullivan calls on 🇨🇳 China to be more transparent with economic data and the overall state of its economy.
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The bombing didn’t end up derailing engagement. “China will not deviate from the policy of developing the economy…bc this incident,” Jiang Zemin said a week after the bombing. Later that year, the Clinton admin cut a deal that paved way for China to join WTO. #SuperpowerShowdown
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