Going Back 20 year! Shanghai's depressed reality exposes China's economic misery
#Chinainsights#Chinanews#Shanghai
In recent months, Shanghai's economy has become even more bleak. Manufacturing activity has shrunk, exports have fallen, and the youth unemployment rate has hit record highs to the point where the government no longer releases new data. The Chinese government's data is notoriously watered down. But even with this data, we can still see that China's economy is in a steep recession.
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Видео Going Back 20 year! Shanghai's depressed reality exposes China's economic misery канала China Insights
In recent months, Shanghai's economy has become even more bleak. Manufacturing activity has shrunk, exports have fallen, and the youth unemployment rate has hit record highs to the point where the government no longer releases new data. The Chinese government's data is notoriously watered down. But even with this data, we can still see that China's economy is in a steep recession.
Have questions? Do you have something to share with us about China? We want to hear from you!
Email: Cinsights.subscription@gmail.com
Facebook www.facebook.com/EyesOnChina.
Your support allows us to produce more high-quality videos.
Consider donating at https://www.paypal.com/paypalme/ChinaInsights
Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned.
Видео Going Back 20 year! Shanghai's depressed reality exposes China's economic misery канала China Insights
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