Why China's Economy Is Collapsing ?

Why China's Economy Is Collapsing
China's economy has been growing at a rapid pace in recent decades. However, the growth of the Asian giant's economy has begun to slow down. This is due to several factors, such as the collapse of major construction companies like Evergrande or Country Garden. China's real estate sector accounts for nearly a third of its GDP, which means that its economy will be severely affected if the real estate market starts to crumble. Other factors, such as the decline in its population, have meant that the Asian country no longer has the same workforce as a few years ago. This, combined with a high unemployment rate among the young population, has caused China to continue growing but at a slower pace.

CHAPTERS:
0:00 Why Is The Chinese Economy Collapsing
0:54 China's Economy
1:52 Consequences of China's Economy Slowdown
2:38 U.S and China's Debt
4:00 China's Deflation
5:03 Chinese Real Estate Sector
6:05 Pre-Sale System
7:06 Country Garden In Trouble
7:36 Decline In China's Population