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Related: About this forumChina Protests Turn Violent as Manufacturing Falls to 7 Month Low & Economic Downturn - 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. Manufacturing Output is now at a 7 month low and the property market has seen a further FALL in SALES, PRICES & NEW BUILD STARTS. In addition to this consumer confidence and demand for property are at an all time low.
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China Protests Turn Violent as Manufacturing Falls to 7 Month Low & Economic Downturn - Joe Blogs (Original Post)
TexasTowelie
Dec 2022
OP
China is in serious financial trouble even b4 this. Anyone who thinks China has the resources
PortTack
Dec 2022
#1
American business will have a fit like never before seen. You hit nail on head, media hides hammer?
Alexander Of Assyria
Dec 2022
#3
Attention Walmart Shoppers, the natives making ur goods are getting restless!
Alexander Of Assyria
Dec 2022
#2
PortTack
(32,813 posts)1. China is in serious financial trouble even b4 this. Anyone who thinks China has the resources
To invade Taiwan and lose their two biggest trading partners- the US and the EU, isnt thinking it thru.
Alexander Of Assyria
(7,839 posts)3. American business will have a fit like never before seen. You hit nail on head, media hides hammer?
Alexander Of Assyria
(7,839 posts)2. Attention Walmart Shoppers, the natives making ur goods are getting restless!
Not to worry, American business importers will make sure the precious goods keep flowing!
Meanwhile all please continue to hate all parts and people of China the Media say you must hate!
Magoo48
(4,721 posts)4. Good news is the river of plastic rubbish, millions of tons of which is killing our ocean, will slow