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China’s Economy is in Bad Shape

chinas-economy-is-in-bad-shape

In this episode we take a look at the many problems facing China’s economy. How did the country end up in this position and what does it mean for the rest of the world?

— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

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//Soundtrack//

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City Phases – John Abbot

Illusion Of Time – Daniel Avery

Blink – House of Hum

Aphex Twin – #3

Giyo – Are the Animals Gone

Luis Miehlich – I Tried To Reach Out (with Handbook of Magic)

Burn Water – Soul Candy

Sources:

• https://www.nytimes.com/2022/07/19/world/asia/china-bank-scandal-protest.html
• https://www.cnbc.com/2014/09/07/china-to-become-largest-economy-by-2024.html
• https://www.bloomberg.com/news/features/2022-08-03/china-real-estate-market-crisis-protests-may-spur-multi-billion-dollar-rescue
• https://www.bloomberg.com/news/features/2022-08-03/china-real-estate-market-crisis-protests-may-spur-multi-billion-dollar-rescue
• https://en.wikipedia.org/wiki/Chinese_economic_reform
• https://en.wikipedia.org/wiki/Property_law_in_China
• https://www.youtube.com/watch?v=dnp_MxXY9qs
• https://theconversation.com/china-property-crisis-why-the-housing-market-is-collapsing-and-the-risks-to-the-wider-economy-189082
• https://www.china-briefing.com/news/explainer-whats-going-on-in-chinas-property-market/
• https://www.bloomberg.com/news/articles/2022-08-22/china-plans-29-billion-in-special-loans-to-troubled-developers
• https://www.cnbc.com/2022/08/22/china-slashes-lending-rates-one-week-after-surprise-cuts-in-key-rates.html
• https://www.youtube.com/watch?v=ITvXlax4ZXk
• https://eurasiantimes.com/a-whopping-900b-debt-chinas-once-profitable-high-speed-railways/
• https://www.business-standard.com/article/international/china-s-once-profitable-railways-records-900bn-debt-over-push-for-growth-122070800124_1.html
• https://www.youtube.com/watch?v=2tRL6XeNohI&list=WL&index=23
• https://www.ft.com/content/eb2d89f6-afd1-491e-b753-863e9727f6de
• https://www.bloomberg.com/news/features/2022-08-02/china-s-covid-zero-strategy-could-last-years-under-xi
• https://time.com/6182781/china-zero-covid-economic-crisis/
• https://www.thebalance.com/how-would-china-s-slowdown-affect-the-global-economy-1979076
• https://www.grid.news/story/global/2022/07/18/china-has-an-unemployment-problem-why-nearly-20-percent-of-young-job-seekers-cant-land-a-job/
• https://www.bloomberg.com/news/articles/2022-08-15/china-youth-jobless-rate-hits-record-20-in-july-on-covid-woes
• https://www.theguardian.com/world/2022/may/26/the-rise-of-bai-lan-why-chinas-frustrated-youth-are-ready-to-let-it-rot
• https://www.youtube.com/watch?v=GJ7S-nKmAr4
• https://www.nytimes.com/2022/08/04/business/new-world-nancy-pelosi-taiwan-social-media.html
• https://www.youtube.com/watch?v=ISHHe1Hu6d4
• https://www.bloomberg.com/news/articles/2022-08-26/china-deploys-rain-seeding-drones-to-end-drought-in-sichuan
• https://www.nytimes.com/2016/12/26/business/china-wenzhou-land-lease.html
• https://www.theguardian.com/global-development/2021/nov/25/battery-arms-race-how-china-has-monopolised-the-electric-vehicle-industry
• https://www.grid.news/story/global/2022/01/18/china-is-owning-the-global-battery-race-that-could-be-a-problem-for-the-us/
• https://www.atlanticcouncil.org/blogs/econographics/delisting-chinese-companies-from-the-new-york-stock-exchange-signs-of-decoupling/#:~:text=Chinese%20companies%20will%20face%20a,%242.4%20trillion%20of%20market%20capitalization.
• https://www.barrons.com/articles/china-crude-oil-gasoline-price-51660582698
• https://www.thebalance.com/how-would-china-s-slowdown-affect-the-global-economy-1979076

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