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    The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

    #crypto #cryptocurrency #china

    30 Comments

    1. 90% of Chinaโ€™s products are trash, including iron, plastics, toys, furniture, appliances,food, Beauty products, etc. you name it. So I think we can work around having the China economy. Our economy needs to become deflationary anyway. We should easily be able to buy a 2000 ft.ยฒ house for 50,000.

    2. Thanks for this. Almost half the CB updates are about America and thatโ€™s not the global economy or crypto, even though its very important. Thereโ€™s China, Europe, Japan and the rest of the planet as well

    3. I'll make a 10k dollar wager with anyone. All these youtubers are trying to be the next sage of economics and finance by predicting the Chinese economic collapse due to failures in the housing market and culture. None of them understands any of the fundamentals that the Chinese system is built on and why it won't fail. Disagree with me? Think I'm some Chinese bot? Then take me up on my wager. Watch this video again. Then watch the dozens others just like it. They all use the same stock footage of isolated incidences as if it's some country wide epidemic plaguing the country. Any brave gamblers out there? I will be happy taking your money. We can decide a time frame and play it like shorting a stock.

    4. Yes China is slowing down rapidly and face multiple challenges. It will drag many countriesโ€™ economies down with it – commodities ,energy , and countries that rely on exports to China -Korea, Singapore ,Russia etc. if it slowdowns deepens , a global recession is on the cards.

    5. Taiwan is a country. Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. The territories controlled by the ROC consist of 168 islands, with a combined area of 36,193 square kilometres (13,974 sq mi). The main island of Taiwan, also known as Formosa, has an area of 35,808 square kilometres (13,826 sq mi), with mountain ranges dominating the eastern two-thirds and plains in the western third, where its highly urbanised population is concentrated. The capital, Taipei, forms along with New Taipei City and Keelung the largest metropolitan area of Taiwan. Other major cities include Kaohsiung, Taichung, Tainan, and Taoyuan. With around 23.9 million inhabitants, Taiwan is among the most densely populated countries in the world.

      Taiwan has been settled for at least 25,000 years. Ancestors of Taiwanese indigenous peoples settled the island around 6,000 years ago. In the 17th century, large-scale Han Chinese immigration to western Taiwan began under a Dutch colony and continued under the Kingdom of Tungning. The island was annexed in 1683 by the Qing dynasty of China, and ceded to the Empire of Japan in 1895. The Republic of China, which had overthrown the Qing in 1911, took control of Taiwan on behalf of the Allies of World War II following the surrender of Japan in 1945. The resumption of the Chinese Civil War resulted in the ROC's loss of mainland China to forces of the Chinese Communist Party (CCP) and consequent retreat to Taiwan in 1949. Its effective jurisdiction has since been limited to Taiwan and smaller islands.

      In the early 1960s, Taiwan entered a period of rapid economic growth and industrialisation called the "Taiwan Miracle". In the late 1980s and early 1990s, the ROC transitioned from a one-party military dictatorship to a multi-party democracy with a semi-presidential system. Taiwan's export-oriented industrial economy is the 21st-largest in the world by nominal GDP and 19th-largest by PPP measures, with a focus on steel, machinery, electronics and chemicals manufacturing. Taiwan is a developed country, ranking 20th on GDP per capita. It is ranked highly in terms of civil liberties, healthcare, and human development.

      The political status of Taiwan is contentious.The ROC no longer represents China as a member of the United Nations, after UN members voted in 1971 to recognize the PRC instead. The ROC (TAIWAN) maintained its claim of being the sole legitimate representative of China and its territory, although this has been downplayed since its democratization in the 1990s. Taiwan is claimed by the PRC, which refuses diplomatic relations with countries that recognise the ROC. Taiwan maintains official diplomatic relations with 13 out of 193 UN member states and the Holy See, though many others maintain unofficial diplomatic ties through representative offices and institutions that function as de facto embassies and consulates. International organisations in which the PRC participates either refuse to grant membership to Taiwan or allow it to participate only on a non-state basis under various names. Domestically, the major political contention is between parties favouring eventual Chinese unification and promoting a pan-Chinese identity, contrasted with those aspiring to formal international recognition and promoting a Taiwanese identity; into the 21st century, both sides have moderated their positions to broaden their appeal.

    6. In America, we don't even believe our own governments statistics. "CPI" are cherry picked products and don't really reflect real everyday inflation normal people experience.

    7. the best thing is happening right now …. the Chinese economy is going down ….. with that it's military capabilities will sooner or later also go down too. After they conquered Tibet in 1952, and vast areas of northern India in the following years, Bhutan, Hong Kong, and now threatening Taiwan. After shooting on their own population with Tanks at the Tiananmen squarer protest. Hopefully this economic pressure will scramble the hole power structure and bring an awaking for real values to the people.

    8. Your view on CHZ and ANKR would be fantastic. I cannot figure out why theese two are moving like they do at the moment. ANKR staking and CHZ BinaneLabs is the only thing i can find

    9. China's economy has been faked for a while now. Nothing they day or present is real. It's just like the rest of the developed countries. ๐Ÿคฃ๐Ÿคฆโ€โ™‚๏ธ

    10. The rest of the world is not waiting for Xi's no CCPV show to grind to a sad end and manufacturing has already moved in country in a lot of places by need.

    11. I hope this trend continues with China's economy dispite the adverse impact it will have on the western economies because it will accelerate the decoupling process needed to isolate China and reset the current toxic geopolitical areana

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