China’s Looming Crises | CNBC Marathon

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2024-04-28に共有
CNBC Marathon examines China’s crises, encompassing real estate collapse, population decline, and soaring urban youth unemployment.

China is facing a growing list of problems — real estate, semiconductor bans and labor market gyrations. The world's second-most populous country also has a major youth unemployment problem. China's urban youth unemployment rate has risen to 21% as of May 2023, up from 15.4% two years earlier.

China remains home to 1.4 billion people. But that number is getting smaller. The country's National Bureau of Statistics reported China's population slipped to 1.412 billion last year from 1.413 billion in 2021. The last time China saw negative population growth was in the 1960s. Many experts believe that China's one-child policy, introduced in the 1980s, is one of the main reasons for the population decline.

China's real estate industry is collapsing in slow motion. Major developers like Evergrande and Country Garden remain stuck in spiraling debt problems. So-called 'ghost cities' dot the Chinese countryside. And now the International Monetary Fund just cut its global growth forecasts for 2024 and called out China's real estate crisis as a big reason why.

Chapters:
00:00 Introduction
00:48 Why Youth Unemployment Is Surging In China (Published September 2023)
12:32 What China's Shrinking Population Means For The Global Economy (Published March 2023)
21:21 Will China's Real Estate Crisis Hit The Global Economy? (Published October 2023)

Produced by: Christian Nunley, Anuz Thapa
Narration by: Jordan Smith
Additional Editing by: Kevin Heinz, Brad Howard, Jack Hillyer
Graphics by: Christina Locopo, Jason Reginato
Production Support: Kate Sammer
Supervising Producer: Jeff Morganteen
Additional Footage: Getty Images
Additional Sources: Getty Images, Reuters

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China’s Looming Crises | CNBC Marathon

コメント (21)
  • Having kids solely to support an economic system that has never been able to provide jobs for everyone is absurd. 😳
  • "China is going to collapse", I've keep hearing this from hundreds of US experts in the past 30yrs, but nothing Happened. But if China is this fragile, there's nothing for Western world to worry about China's competition.
  • Wow: 1.2 million viewers in 2 weeks? Why? Clickbait - "China is collapsing". I thought ... there was OVER-Capacity!!
  • @Liviticus
    When times start getting hard in the USA, they start incessantly telling you how bad they have it elsewhere.
  • I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
  • As a Chinese person, I love this channel so much. Not only can I practice English, but the comments and the content of the program itself are the funniest. -0-
  • This Is Not My Comment But It Fits Well With This Reporting😂 America: On Mondays, Wednesdays, and Fridays, it's the China-collapse theory; on Tuesdays, Thursdays, and Saturdays, it's the China-threat theory. Sundays are for rest and relaxation.
  • I've been making a lot of losses trying to make a profitable trade. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advice me on what to do?.
  • @yanlord
    2016: China's economy is in bad shape 2018: China will collapse in 2 years 2020:China's Is About To Collapse 2021: why China's market will collapse 2022: China's will collapse in 25 days 2023: Why China's Collapse is Imminent 2024: China‘s looming crisis when their timer count to zero after the predictions, they just reset the timer and do it all over again, easy money!😂
  • If China economy is collapsing, then why is the US going to China to tell them that their EV and solar panels production are overcapacity 😂😂😂😂
  • I remember a decade ago when China was said to be in trouble for having too many people. And now China still is in trouble for have declined population.
  • China is doing far better than the USA, which is on the brink of national debt default, several bank collapses in a row, massive layoffs in tech industry, nation-wide worker strikes, global de-dollarizaton, skyrocketing inflation even after so many interest rate hikes like there's no tomorrow
  • @tonyd822
    China will be fine…if we focus 1% of energy on ourselves, we may be able to accomplish much more uplifting our own citizens and improve our social fabric that’s getting worse YoY.
  • Well, if they're in so much trouble, then why are you so worried. It seemed to me American senior officials would not have their day past without whining and screaming about China.
  • As a Chinese, I start doubting that if my full bowl of noodles were real.
  • Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.