China’s Looming Crises | CNBC Marathon
1,294,156
Publicado 2024-04-28
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
Todos los comentarios (21)
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The world, not just China needs to rethink the notion of growth.
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Having kids solely to support an economic system that has never been able to provide jobs for everyone is absurd. 😳
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"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.
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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?.
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When times start getting hard in the USA, they start incessantly telling you how bad they have it elsewhere.
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Then why the US has to complain about China of overcapacity
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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.
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Wow: 1.2 million viewers in 2 weeks? Why? Clickbait - "China is collapsing". I thought ... there was OVER-Capacity!!
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watching this in Canada unemployed...
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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.
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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.
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People don't understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments don't match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that
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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.
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Is the USA in crisis? Shouldn’t this be our concern?
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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-
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In my opinion, cheap industrial products can make them available to more people who couldn't afford them before. For example, in the Gaza Strip, it is impossible to obtain energy through the Israeli blockade, but by importing Chinese-made solar panels, the city can develop.
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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.
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Dude if America had a ghost city near me. I would Straight up move there to save money. 😅
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The cost of living seems to be increasing every year, making it harder to keep up.
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CNBC, why not focus on what's taking place in the United States?
