Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China’s Economy Hits a Death Spiral: Tyson Foods Left, Cargill Followed; Yuan Loses Key Support" video.

  1. 📉 China's job market is facing challenges as foreign companies withdraw, resulting in job losses and suppressed wages. 00:00 Finding a job in China is extremely difficult, with 100 candidates for every position. Foreign companies withdrawing from China have had a significant impact on the employment market, leading to job losses and suppressed wages. China's economy is faltering, with little effective stimulus and a weakening yuan. 📉 Foreign direct investment in China has declined significantly, leading to a record net direct investment deficit and a shift in the investment landscape. 04:42 Chinese enterprises' overseas investments have remained steady, resulting in a net direct investment deficit of $34.1 billion. Foreign direct investment in China dropped by 87% in the second quarter of 2022. The risks and political considerations behind investment decisions in China are causing international enterprises to lose confidence and seek investment opportunities elsewhere. 📉 The Chinese government is taking urgent measures to reverse the economic downturn and curb the depreciation trend of the yuan, but faces resistance and declining foreign investments. 08:56 Goldman Sachs predicts the yuan will stay weak despite efforts to slow down depreciation. The Chinese State Council introduced 24 measures to attract foreign investment. Foreign companies are reconsidering their supply chain strategies and withdrawing business from China due to regulatory measures and political factors.
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