Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Five Disastrous News Back-To-Back, China in Utter Chaos; No One Believes in Economic Recovery" video.

  1. 📉 Moody's downgrades China's credit rating, causing negative impact on the economy. Italy's withdrawal from Belt and Road initiative adds to Beijing's woes. 00:00 Moody's downgrades China's credit rating, leading to a negative signal in the market. Italy officially notifies CCP of its withdrawal from the Belt and Road initiative, causing anger in Beijing. 💼 Moody's downgrade of China's credit rating could have significant impact on the country's economy and international financing prospects. 04:00 Moody's projects China's GDP annual growth rate to be 4% in 2024 and 2025, with an average growth of 3.8% from 2026 to 2030. Moody's downgraded China's Sovereign credit rating from aa3 to A1 in 2017. Moody's recent downgrade in credit ratings may trigger a significant outflow of foreign capital from China. 🔴 Tensions between the US and China are highlighted in response to a diplomatic gesture by China. 08:04 China's diplomatic gesture to Argentina was met with reserved or lukewarm response US Secretary of Commerce's statement on CCP being the biggest threat and the need to prevent their access to technology Emphasis on the US leading in artificial intelligence and semiconductor design, but the need for tighter export controls and enforcement with allies 🇭🇰 The US closure of Hong Kong Economic and Trade offices signifies a shift in recognition of Hong Kong's status, leading to tensions with China. 11:38 US no longer recognizes Hong Kong as a special administrative region under the one country 2 systems US-China relations remain tense after President Biden's meeting with CCP leadership President Biden publicly referred to Xi Jinping as a dictator 📉 Prominent financial experts in China are facing online censorship and bans, reflecting concerns about the stability and attractiveness of China as an investment destination. 15:16 Prominent financial experts in mainland China, including Le Jing pen, have faced widespread online censorship and bans. The CCP's heavy-handed approach and inability to address underlying issues are increasingly criticized. Moody's downgrade sends a serious negative signal to the market, reflecting concerns about the stability and attractiveness of China as an investment destination.
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