CHINA Exports Have COLLAPSED as Economic Downturn Accelerates, Wheat Crop in Crisis & US Trade War
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CHINA is in Deep Trouble and the latest data for May reveals that EXPORTS Collapsed 7.5% in the month and the economy is slowing much faster than expected. In addition heavy rain has DECIMATED the Wheat Crops which means China will now have to purchase Wheat in the international markets to replace the lost crops. China is also now retaliating against the USA by banning Microchip imports. In this video I provide full details of the latest economic performance and discuss the potential impact on the Global Economy.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
1:22 TRADE RESULTS
5:51 PMI
7:42 INFLATION
10:13 WHEAT
12:02 USA TECHNOLOGY
13:47 GLOBAL ECONOMY
21:26 SUMMARY & CONCLUSION
#china
#globalrecession
#inflation
#technology
#wheat
#interestrates
#india
#Belt&Road
#globalrecession
#globalfinancialcrisis
#russia
#Evergrande
#China
#Recession
#Zhenro
#Bonds
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