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China Manufacturing Crashes in October as Output Unexpectedly Shrinks & Economic Problems Continue - Joe Blogs
CHINA is in Deep Trouble and the latest data for October reveals that the Chinese Manufacturing Industry is now CONTRACTING unexpectedly. Exports & Imports are also falling and the economic problems have caused a crash in the value of the Yuan. The huge problems in the Property sector are also continuing and to make matters worse China is experiencing one of its worst years for Typhoons which are resulting in major damage and huge costs. In this video I provide full details of the latest economic performance and discuss the potential impact on the Global Economy.
Chapters:
0:00 Intro
3:16 PMI
7:33 GDP
10:42 EXPORTS
13:39 IMPORTS
15:23 INFLATION
18:14 YUAN
20:29 SUMMARY & CONCLUSION