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Blank Paper Protests break out Across China as GDP & Employment Falls & Lockdowns Continue-Joe Blogs
Protests have broken out across China as the Zero Tolerance Covid Policy continues to cause major disruption and upset. In a recent fire 10 people died at an apartment building sparking protests on the streets which rapidly spread to over 50 cities in China. These protests come at a time when GDP & wages are both falling and unemployment is rising. Real Estate is key to the success of the CHINESE ECONOMY as it contributes around 30% of GDP. The results for October reveal a FALL in SALES, PRICES & NEW BUILD STARTS. In addition to this consumer confidence and demand for property are at an all time low.
For specific details please check out the CHAPTER list below.
Chapters:
0:00 Intro
3:52 PROTESTS
5:33 TRILEMMA
8:39 COVID
10:12 GDP
12:52 UNEMPLOYMENT
14:34 GLOBAL GDP
17:05 OIL PRICES
19:29 SUMMARY & CONCLUSION