China Hits the Wall - Joe Blogs

China has just released a new set of economic data – and almost every major indicator is pointing in the wrong direction. Industrial output has fallen to its lowest growth rate in more than a year, retail sales have slowed sharply, and car sales dipped for the first time in eight months.

Exports are now falling year-on-year, imports have stalled, and the once-powerful property sector is weakening again with home prices sliding across most major cities.

In today’s video, I break down the latest numbers and explain what they tell us about the true state of the Chinese economy. We look at industrial production, domestic consumption, car sales, global trade pressures, and the continuing problems in China’s property market.

With so many indicators turning negative at the same time, the pressure is building – and the next few months will be crucial. Is China heading for a deeper slowdown? Could this spark wider economic problems? And what does it mean for global markets?

Chapters:
0:00 Intro
0:41 INDUSTRIAL OUTPUT
3:22 RETAIL SALES
4:21 PRODUCER PRICES
6:09 CAR SALES
7:24 EXPORTS
7:58 IMPORTS
8:32 PROPERTY
9:36 SUMMARY & CONCLUSION