China Just Made a SHOCK Change The Final Stage

First, we touch on US Treasury Secretary Janet Yellen's statement regarding improved US-China relations following a critical diplomatic visit. What does this "surer footing" mean for global trade and economic collaboration? We then explore the recent Chinese export controls on gallium and germanium. Why these elements are important and what implications does this control hold for the tech and other sectors relying on these rare metals? Xi Jinping's vision for a China-centric world order draws our attention next. We discuss how this vision might reshape global dynamics in various sectors, from energy to geopolitics. Financial matters, including higher deposit rates sought by Chinese savers, rate cuts for corporate dollar deposits by Chinese banks, and the surge of Chinese investors towards Hong Kong insurance and dollars amid a weakening yuan, form another significant area of discussion. We delve into claims of China entering a 'balance sheet recession'. What does this mean, and how could it impact the Chinese and global economies? In the real estate sector, we look at the largest decline in second-hand home prices in Beijing and Shanghai. How might this trend impact China's economy and the global property market?
#China #Economy #Yellen #GlobalTrade

TOPICS AND TIMESTAMPS:
Big Restrictions 0:00
Critical Economics 7:13

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#money #inflation #investing