A Primer on China's Current Economic Turmoil
The Breakdown
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China's Economic Turmoil: Youth Unemployment, Currency Devaluation, and Manufacturing Contraction
Discussion on indicators of economic turmoil in China, including youth unemployment, currency devaluation, decrease in holdings of US Treasuries, deflation, contraction of manufacturing, and low GDP growth. Also covers the disruption caused by the pandemic lockdown and the potential reshoring of manufacturing, as well as the Biden administration's pursuit of decoupling critical industries and increasing export restrictions.
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