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China in Deep Trouble - Joe Blogs
In this video I discuss the latest data and ongoing problems within the Chinese Economy. Producer prices have now fallen for 28 consecutive months resulting in more and more Chinese businesses incurring rising losses. If this situation continues the Chinese Economy is at risk of imploding.
Chapters:
0:00 Intro
1:21 INFLATION
5:37 FOOD INFLATION
7:31 PRODUCER PRICES
9:41 PURCHASING MANAGERS INDEX
11:06 SUMMARY & CONCLUSION