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Arabic Reja
CNBC International Live
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Comments by "Arabic Reja" (@ArabicReja973) on "CNBC International Live" channel.
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Putin rewards Xi with nuclear cooperation agreement In exchange for China's π¨π³ help of Putin in Ukraine πΊπ¦, for its "no limits" support, funding and quiet arming of the invasion.
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Chinese property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the 2019 pre-pandemic level. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. Still, China keeps reporting outrageous GDP numbers. Lol Where does the growth come from?
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The future of Chinese π¨π³ electric cars in Europe is uncertain due to overcapacity, a kind word for dumping. Most Chinese cars "exported" to Europe are still parking at European ports without a buyer, turning the ports into huge long-term parking lots, a similar scene to the Bike Share program in China.
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