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China Economy in Desperate Trouble - Joe Blogs
In this video I discuss the stimulus package announced by the Chinese Central Bank which is aimed at fixing the problems in the Chinese economy. This package is the largest since the end of the COVID pandemic. However, the latest economic data indicates that it is unlikely to solve the fundamental problems that China is suffering from.
Chapters:
0:00 Intro
2:57 STIMULUS MEASURES
7:48 NEW HOME PRICES
10:53 NEW HOME SALES
13:50 RETAIL SALES
15:40 INDUSTRIAL OUTPUT
17:34 EXPORTS
19:45 IMPORTS
21:33 PRODUCER PRICES
25:37 SUMMARY & CONCLUSION