China's Economic Dominance Is Fading: What's Behind The Decline

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13 Jun 2024

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Evergrande's fall wasn't a one-off, it's a symptom of China's slowing economy. This video dives into China's housing market crisis, from its red-hot rise fueled by easy credit to its unsustainable foundation, exploring the domino effect as developers like Evergrande crumble. We examine how demographics, COVID, and a weakening middle class are adding pressure, and what this means for China's social contract. Is the economic miracle ending? Watch to find out! #therichhaveit

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