Why is China’s Currency Declining?

Not related to the video, but I feel that TL;DR is big enough that they can start providing subtitles. Especially since they appear to already read off a script. The auto-generated ones just aren't reliable.

GREAT CONTENT: BRIC'S isn't helping matters. According to some analysis, the United States and other regions of Europe may have a recession in 2023. Because China and emerging countries frequently grow faster than more developed economies, a global recession, which is defined as a decline in annual global per Capita GDP, is more uncommon. Fundamentally, if economic growth lag's behind population growth, the global economy is said to be in recession.

Lying never works out in the end.

What matter most to you and say NO to things that don't aligned with your priorities. You'll make far more money and get things done if you invest on your future, it will become more important to you family.

I’m pretty sure at this point with the West moving factories out of China, they have a long road ahead if they want to remain the 2nd largest economy in the world.

Simple. They keep very low bank and national interest rates. So very rich people will want to move money to other currencies and this causes the yuan to devalue and more it devalues more people want to move their money. At least until the government increase the interest rate. But high interest rates will be bad for the real estate sector that is already shaking.

De-Dollarization propaganda where is it now? 😂😂😂

So much for it competing with the dollar and Euro 😅

Raising interest rates does NOT "usually strengthen a country's economy" - it depresses economic activity. Savings does not stimulate demand but instead does the opposite (paradox of thrift). I assume this was you mis-speaking but it's too important not to correct (Economy =/= Currency)

China has its own flexibility in regards to its economic policy, but it can run down its own Chinese businesses for the sake of attracting foreign investment (if they are really doing it intentionally). And I don't think the types of investments that would enter China are in it for the long term. No one is an idiot for investing blindly, and everyone has their own calculations and knows the risks and rewards. At the end of the day, the Chinese people are the ones who suffer.

I do think it would be more intuitive if currency comparisons talking about falling values were on a currency to USD graph where the line goes down instead of USD to currency graphs where the line goes up.

When you mentioned the real estate crisis and inability to purchase domestic goods what came to mind was Japan's economic woes of the 1990s.

Cause nobody yuants it

good job on giving a overall larger view of currency manipulation

Behind every cloud there’s always a silver lining, there’s always a huge opportunity in every financial crisis, those were the exact words of my financial mentor mr. Tom Lawson.

Definitely appreciated the historical 80 and 90's lesson for context along with the update.

To be honest the Chinese companies themselves don’t want to use Yuans.

It is very unlikely that Chinese domestic consumption will assist for many years yet. The CCP has suppressed Chinese wages for years to prop up exports, leading to low domestic savings overall. What wealth was invested locally was put disproportionately and unsustainably into property - which has bubbled and burst - destroying wealth and consumer confidence - possibly for a generation. Add to this the ageing population and under-funded Chinese pensions and overspending on military hardware ... I would be wary of the Chinese economy too!

The question isn’t why the Yuan is falling but why it wasn’t already.

Good information. Hope to get such wonderful videos again. Congrats.