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China in Deep Trouble as Overseas Tariffs Increase, Economy Slows, Exports Frontloaded, Imports Fall - Joe Blogs
Exports in June were reported to have risen 8.6% in June however this rise was caused by FRONTLOADING of sales to beat the impending TARIFFS that are due to be applied against Chinese goods towards the end of 2024. Inflation is heading back towards negative territory and Factory Gate Prices Continue to Fall & have now fallen in every one of the past 18 months. In this video I provide full details of the problems that China is facing, discuss the impact on the Chinese Economy & the Global Economy.
Chapters:
0:00 Intro
4:13 TARIFFS
11:36 EXPORTS
14:49 IMPORTS
17:42 INFLATION
21:06 FOOD INFLATION
22:49 PRODUCER PRICES
25:37 SUMMARY & CONCLUSION