Published: 2024-01-31
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
2024 is predicted to be the worst year of China's current economic slowdown.
"many people believe that 24 is going to be the worst year out of this economic slowdown yet"
Pending
2024 is predicted to be the worst year of the current economic slowdown in China.
"many people believe that 24 is going to be the worst year out of this economic slowdown yet"
Pending
Evergrande, China's largest property developer, was ordered to liquidate assets in January 2024 due to inability to pay debts.
"Evergrande who was the largest property developer in China was just ordered by the courts in January 2024 to liquidate all their assets because they couldn't pay their bills"
Pending
In 2022, China imported $178 billion worth of goods from the United States.
"China imported meaning bought about $178 billion worth of goods from the United States in 2022"
Pending
Home prices in prime areas of China have fallen by at least 15%.
"external data says that home prices have fallen by at least 15% in Prime areas"
Pending
2024 is predicted to be the worst year of the current economic slowdown in China.
"many people believe that 24 is going to be the worst year out of this economic slowdown yet"
Pending
China is implementing its own stimulus packages to address economic issues.
"China is working on their own stimulus packages"
Pending
Evergrande, China's largest property developer, was ordered to liquidate assets in January 2024 due to unpaid bills.
"ever Grand who was the largest property developer in China was just ordered by the courts in January 2024 to liquidate all their assets because they couldn't pay their bills"
Pending
China's largest property developer, Evergrande, was ordered to liquidate assets in January 2024 due to inability to pay bills.
"ever Grand who was the largest property developer in China was just ordered by the courts in January 2024 to liquidate all their assets because they couldn't pay their bills"
Pending
China's economy is experiencing its slowest growth rate in nearly thirty years.
"the Chinese economy is growing at the slowest rate in almost three decades"
Pending
On January 29, 2024, courts ordered Evergrande to liquidate all its assets.
"on January 29th 2024 the courts ordered everand to liquidate and get rid of all their Assets"
Pending
The Chinese stock market has experienced a 40% decline since 2021.
"the Chinese stock market has fallen by 40% since 2021"
Pending
The Chinese stock market has declined by 40% since 2021.
"the Chinese stock market has fallen by 40% since 2021"
Pending
Workers and employees in China are experiencing the largest recorded drop in wages in the country's history, with no pay raises.
"workers and employees in China are not seeing pay raises instead they are seeing the biggest drop in Pay wages ever recorded in chinesee history"
Pending
The Chinese real estate market is experiencing a significant downturn.
"the real estate market has been crumbling"
Pending
Wages in China are experiencing the largest drop ever recorded in the country's history, with no pay raises for workers and employees.
"workers and employees in China are not seeing pay raises instead they are seeing the biggest drop in Pay wages ever recorded in chinesee history"
Pending
An example is provided of an individual earning 40% less this year than last year from a job at a Chinese state-owned bank.
"Cola Yao earns 40% less this year than last year from their job promoting credit cards working at a Chinese state-owned bank"
Pending
China's economy is growing at its slowest rate in nearly 30 years.
"their economy is growing at the slowest rate in almost three decades"
Pending
While official Chinese data indicates a mild drop in housing prices, external data suggests a fall of at least 15% in prime areas.
"there's a mild drop in housing prices but external data says that home prices have fallen by at least 15% in Prime areas"
Pending
Chinese workers and employees are experiencing the largest recorded drop in wages in history, with no pay raises.
"workers and employees in China are not seeing pay raises instead they are seeing the biggest drop in Pay wages ever recorded in chinesee history"
Pending
In January 2024, a court ordered Evergrande to liquidate all its assets.
"on January 29th 2024 the courts ordered everand to liquidate and get rid of all their Assets"
Pending
The CSI 300 index in China fell by 11% in 2023.
"the CSI 300 fell by-11% all in 2023"
Pending
China is experiencing a slowdown in consumer spending, with people spending less money.
"China is also facing a consumer slowdown people are just spending less money in China"
Pending
A 5% decline in Chinese home prices could erase $2.7 trillion in housing wealth due to 70% of family assets being tied to property.
"70% of Family Assets in China are tied up in property and every time you see a 5% decline in home prices that will wipe up 19 trillion Yuan or $2.7 trillion in housing wealth"
Pending
70% of household assets in China are invested in real estate.
"70% of Family Assets in China are tied up in property"
Pending
Home prices in prime areas of China have fallen by at least 15%.
"external data says that home prices have fallen by at least 15% in Prime areas"
Pending
A 5% decrease in Chinese home prices is projected to eliminate $2.7 trillion in housing wealth.
"every time you see a 5% decline in home prices that will wipe up 19 trillion Yuan or $2.7 trillion in housing wealth"
Pending
On January 29, 2024, courts ordered Evergrande to liquidate all its assets.
"on January 29th 2024 the courts ordered everand to liquidate and get rid of all their Assets"
Pending
The foundation for China's economic recovery requires further strengthening.
"the foundation for economic recovery needs to be further Consolidated"
Pending
2024 is expected to be the worst year of the economic slowdown in China.
"24 is going to be the worst year out of this economic slowdown yet"
Pending
In 2022, China imported approximately $178 billion worth of goods from the United States.
"China imported meaning bought about $178 billion worth of goods from the United States in 2022"
Pending
China is the world's second-largest economy, following the United States.
"China is the second largest economy in the World Behind just the United States"
Pending
Economic struggles in China could lead to increased internal tensions and further geopolitical issues.
"if China doesn't feel like they're succeeding economically that could create more tensions in China and could create more geopolitical issues"
Pending
China serves as the largest trading partner for the United States.
"China is the world's largest trading partner with the United States"
Pending
Defaults and economic decline in China could lead to reduced purchases of US goods and disrupted supply chains, causing ripple effects across the global economy.
"people are worried that if the China's economy continues to get hurt if there are more and more defaults in China that China will not be able to purchase more goods from the United States or they won't be able to supply Goods for the United States and this could have Ripple effects to many other parts of the economy"
Pending
The economic slowdown in China could negatively impact the United States economy.
"that could slow down other parts of economies in the world including the United States"
Pending
Wall Street institutions and investors in China are experiencing significant financial losses.
"investors and Banks and large Wall Street institutions that are big-time investors in China that are now losing a lot of money"
Pending
The Chinese economy might be entering a prolonged and severe slowdown, hindering global economic recovery post-pandemic.
"the Chinese economy may be sinking into a prolonged and steep Slowdown that could hamper its and the global economy's recovery from the worst days of the Corona virus pandemic"
Pending
A shrinking population in China leads to fewer consumers.
"less concern consumers in China"
Pending
Consumers in China are spending less money.
"consumers are spending less money now"
Pending
Employees in China are earning lower incomes.
"employees are making less incomes in China"
Pending
Chinese citizens are saving money or paying down debt due to economic concerns, rather than spending.
"a lot of people in the Chinese economy are worried about the Chinese economy so now instead of going out and spending money they're saving money or working to pay down their debt"
Pending
Money not being spent by consumers in China, staying in pockets, negatively impacts businesses and economic stimulation.
"if you make $100 and you keep it in your pocket and you don't go out and spend it well that means Gucci doesn't benefit that means Chipotle doesn't benefit that means the businesses don't benefit because that money staying in your pocket"
Pending
Fear about the future economy in China is causing people to refuse to spend, further slowing down economic growth.
"when you have the slowing economy and people are scared to spend well now that slows down the economy even more because people are refusing to spend their money because they're scared about what's going to happen tomorrow in the economy"
Pending
In 2022, China imported approximately $178 billion worth of goods from the United States.
"China imported meaning bought about $178 billion worth of goods from the United States in 2022"
Pending
Global political tensions are high, with 2024 being an election year in the United States.
"there's a lot of political tensions globally 2024 is election year inside the United States"
Pending
There are significant conflicts occurring globally, including in the Middle East and between Russia and Ukraine.
"there's a lot of conflict in other parts of the world there's a lot of conflict in the Middle East there's a lot of conflict between Russia and Ukraine"
Pending
China's involvement in global conflicts, coupled with economic struggles, could lead to increased internal tensions and geopolitical issues.
"China is kind of involved in some of these issues and so now if China doesn't like the United States if China does not feel like they're succeeding economically that could create more tensions in China and could create more geopolitical issues"
Pending
Domestic demand in China is insufficient, and the foundation for economic recovery requires further consolidation.
"the domestic demand remains insufficient and the foundation for economic recovery needs to be further Consolidated"
Pending