Today, China in Focus brings you an outlook of China in #2022. We go through the biggest #ChinaStories to watch out for in the coming year.

One of the most important things for the world to look out for is the slowing down of China's #Economy.

🔥WATCH HERE👉https://youtu.be/n_aH02nxKuQ

It seems like #China’s #ZeroCOVIDPolicy is here to stay, and it may spell bad news for the world’s #Economy, which is already struggling with record-high #Inflation and supply chain disruptions.

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#ChineseTechCompanies may get a temporary breather after Beijing relaxes its clampdown for a while. But not if Beijing wants to get an ownership stake in the companies. What could be the reason? Is China’s #Economy at too much of a loss?

🔥WATCH HERE 👉https://ept.ms/ChinaCrises

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Top Chinese officials held four meetings in four days in an attempt to map out the next steps to rescue China’s #Economy, as the pandemic lockdowns continue in varying degrees across major cities in #China.

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“What Xi is facing … is the economic implosion of the #PeoplesRepublicofChina. The #Economy has been degrading for perhaps a decade. It's now reached serious proportions,” said #GregoryCopley.

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China's #Lockdowns aren't going away, it seems, and it's taking a serious toll on the #Economy. Shanghai reported a stunning 100 percent drop in car sales in April.

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“You have to realize that … #China is an enemy out to destroy us. [So] for us to actually fund them [and] bolster their #Economy [doesn’t] make any sense,” said #GrantNewsham.

🔥WATCH HERE 👉https://ept.ms/ChinaSpeech_

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Chinese Premier #LiKeqiang presided over a meeting of over 100,000 officials to issue a stark warning about the “grim challenges” ahead for the country’s #Economy, battered by the communist regime’s #COVID19Policies.

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#Pandemic #Covid19
Key Indicator Shows #China’s #Economy Set For Further Slump

//Just when you thought China might be back on track, a key economic indicators suggests the opposite is coming down the pike.

Recently the price of iron-ore slumped, indicating that demand for this key ingredient in steel making is slipping as well. Recently one metric ton of the or would fetch $116, down more than 25% from almost $160 in early March, according to data from TradingEconomics. That’s quite a tumble.

That matters because steel has long been the lifeblood of that country’s economy....

What’s shocking here is that while China is in midst of undoing some of its recent COVID-19-related lockdowns that brought vast swathes of the communist country to an economic standstill. If those locked-down cities were now getting back to work, then why aren’t we seeing signs of an industrial resurgence?

So far, that’s not clear. If things were getting back to any form of normal then we should see demand for iron-ore creep up and along with it the prices of the mineral should rally.

Investors in Chinese stocks or even those listed in Hong Kong should remain cautious until we see evidence of a real recovery.//

Source: Forbes #Jun27

https://t.co/XrJ4mhyoD1

#Iron #IronOre #Lockdown #FinancialDownturn

Over 40K homebuyers in #China refuse to pay mortgage; And, more big banks are reporting #earnings. What do they tell us about the #economy and about the future?

That and much more coming up on #NTDBusiness.

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https://ept.ms/MortgageBoycott

https://www.youtube.com/watch?v=ES-3BW2YpNQ

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