The Era of China is Now OVER | Explained

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China's economic supercycle of the last three decades, marked by an incessant focus on growth, is concluding. Historically, China's economic trajectory was characterized by a relentless appetite for manufacturing, consumption, and global power projection. However, under Xi Jinping's leadership, China has pivoted its priorities from economic expansion to national security and political dominance. This seismic shift has profound implications: China's once-resilient real estate sector, which has been a linchpin for its economy and local governance funding model, is now crumbling, with major developers like Country Garden and Evergrande on the brink. The property bubble, coupled with ailing provinces, a strained shadow-banking system, and declining property prices, signal a drastic reorientation of China's economy. #china #evergrande #ChinaEconomy #Economy #RealEstateBubble

Timestamps:
China’s Economy Has Rapidly Fallen 0:48
China’s New Order Clearly Displayed Here 6:06
Which Stocks Impacted? 11:40

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