For decades, China’s economic growth was tremendous. But now the nation is seeing a significant slowdown. Its housing sector is in its third year of decline, the stock market is touching new lows and youth unemployment remains high. These issues may be a major headache not only for the Chinese people and President Xi Jinping, but they also have big consequences for the rest of the world.
With China’s National People Congress approaching, Bloomberg journalists analyze what the end of China’s boom times means for other countries, companies and you.
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00:00 Introduction
01:20 China’s growth miracle
03:04 The end of the boom
04:24 Young Chinese cut spending
07:25 Consequences for the world, Xi Jinping
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With China’s National People Congress approaching, Bloomberg journalists analyze what the end of China’s boom times means for other countries, companies and you.
Watch more of our News Spotlight documentaries: https://www.youtube.com/playlist?list=PLqq4LnWs3olXOhUOv4O6r-9OdWTQN83se
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals
00:00 Introduction
01:20 China’s growth miracle
03:04 The end of the boom
04:24 Young Chinese cut spending
07:25 Consequences for the world, Xi Jinping
--------
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1
Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
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