China’s exports plunged 7.5% in Might, in keeping with the nation’s Customs Bureau. That is the most important fall since January. The determine is simply the newest signal that the world’s second-largest financial system is struggling to reboot after its pandemic-induced slowdown.
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while whole of europe is now in recession….america cant pay debt.. somethings gonna give soon
While the customers become poorer, how could you expect the manufacturers to sell more?
Well China no need to reboot as they already done so since trade war with trump, China moving into domestic consume that why they are not urgent to reopen when covid struck.
They also foresaw Eu and US decline so are moving toward bringing Africa, South Africa and Sea to be their new customer.
Time will tell.
They didnt
Global situation not progressing in expected prospect
They hold back to prevent overheat
Germtzi struggles to have enough coal for power supply😊
The decline is due to the WEST in trouble… the WEST have NO money to splurge.
Well, if export down then import up? lol 😆 and who are they doing all the import? And most of the G7 countries's economy are on life support and debt is on the roof…..
Add one more deal to the soup: consuners i think is waning as china continues to become closer to russia and their anti western military activities. They fail the axiom: "Don't bite the hand that feeds you" and they are biting real hard. We (America) put china on the map and path to becming a worldd leader ans this is how they treat us _ the west? Stop buying chinese!
The United States is now the boss of bullies and gangsters in the international community. There is no evidence and no facts. As long as you compete with me, you will be blacklisted.
中国の急速な発展は終わりかな？？
最近の日本でも中国製品が減っているように感じる。
best thing that can happen
china does not want to invest in technologies like the west did in order to become what the west is now but took centuries
in the contrary china pushes to be a superpower in just a few decades by
-forces intellectual property transfer from foreign companies and then copies them since they are unable to invent anything and what they produce is of shoddy quality: all gadgets made in china do not last and need to be replaced after a few uses
-debt traps entire nations
-forces organ transplants
-oppresses its own nice productive citizen
We the western world need to reverse and accelerate the outsourcing of our economy to china and companies which refuse need to be boycotted
-imagine shipping resources to china and than shipping back manufactured goods it is an environmental crime
globalization only serves the shareholders and not the consumers since replacing the shoddy products once or twice…. is much more costly
EH better worry about themselves😂😂😂
Jian April export jumped 94% compared 2022. China is on track for 6%GDP growth by IMF. You figure.
Communism always fails
When it get near the end the CCP will run to the USA with the money the same place they are telling the people to hate
South Korean and Japanese companies are leaving China. Can't deal with China government's unpredictability and economic coercions
No. 4 in the class always has a strong criticism about the performance of No. 2 in the class.
No one mentions the sanctions on May of its key industries….oh also in May Forex CNY went from 6.8 to 7.12 did you fold those numbers into USD?
Hey @zeihanongeopolitics
China did NOT throw helicopter monies of trillions to its people during Covid.
USA now have to wind back the trillions of helicopter monies.
China will gently massage its economy to point the right direction.
How come some of the audiences in the West are unbelievable dumb now lol. I mean look after your ownself first before worrying for others
1:28 😂 western hypocrisy in irak war
China economy slow down due to world Econ slowdown. Germany economy in recession due to the stupidity of the Germans who let the Americans screw them n keep quiet like German sherphard dogs. Don't have the dignity to stand indepentantly.
I'm very worried about Europe and the US where the economies are brown bread
Introspect and make a news about recession in Germany
WHEN EVERYONE IS IN A STATE OF CONFUSION
THERE WILL ALWAYS BE A VERY IMPORTANT [KEY] APPEARING
WHETHER IT IS A NOBLE PERSON OR A LOW EBB EXPERIENCE BUT IN CONCLUSION
WILLINGNESS TO CHANGE WILL LEAD TO A BETTER DIRECTION
China's attitude will hurt them…personaly i look were its made and if its made in " China " i dont buy !
its not the Chinese people its there Authocratic goverment…!
I hope China's exports doesn't recover, I also hope their economy doesn't crash either. Why do I say that? I base that solely on that I have worked in and around China, with the Chinese for 25 years now.
Always remember these are the figures china is releasing which means it much worse
Before we stopped them, our advisor had us in over 60 assets. I'm now on my own to attempt and tidy up the mess. lost more than 25% over the previous three years. Huge national financial organization.Gregory Thomas Patchak has helped us become debt-free, save for retirement, and has helped transform my life. He has been amazing, and ever since I met him, my life has taken a positive turn because of the passive income through his knowledge and ideas, which are crucial for succeeding against all odds in this area of online commerce. I'm happy that I was able to contact him earlier this year.
Russian orders cannot compensate for the loss of Western business.
….Isn't this what we all want though? Sure, it could be temporary bad things for the global economy, but it's like ripping off a bandaid and getting rid of dead skin. The CCP being the dead skin.
move the factories out of China to countries that are not bully thug nations.
All do same mistake again and again. The buy chinese plunder
The economic war between the United States and China is 1,000 times more terrifying than a military war. China's economy will collapse, and 1.4billion Chinese will be affected, which is terrible.
I am not sure what planet you are on, but this is what is happening.
1. During Covid people realized what is most important, and so junk from China is no longer needed.
2. Chinas lack of empathy and involvement in COVID era made people think twice about that self serving country. Has anyone heard of some kind of apology or anything related to sorry world.
They could of done a lot better. They knew what they had in their hands, and did nothing and released it to the world.
China has a HUGE problem that will only get bigger, I for one think this world would be better off without a China.
Unless and untill west and india do not impose ban on cheap chineese products china will oncevagain rule world trade but do west and india have strong political will is a big big question mark.
How many american ,europe and japaneese co.s are ready to shift production to other countries? Not many so china will bounce back soon
Plunge ！Drop ! Decline ! Really？As an export logistics company in china , Actually, We have to work overtime every day to handle a large amount of containers shipped to the world ,
Mostly to North America. And Our US customers are pushing us every day, avoid delay shipping, otherwise it will affect their money-making efficiency
Thanks mate for all the fantastic reporting and interviews what an education I am getting) never to old to learn even at 63 years!:)
Stop making them rich, find new partners, you are putting the collective west at risk! Boycott china!!