Comments by "Kenz300 x" (@KJSvitko) on "Evergrande crisis worsens, Xi Jinping's officials fear serious knock-on effect on economy" video.

  1. China's economy is in slow decline. The virus lock downs will speed it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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  2. There is no economic activity when the city is locked down. Many small and medium businesses will go broke and employees will have no income. Freedom of movement and freedom of speech are under appreciated until they are taken away.
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  3. Inflation will decline as China's economy slows.
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