China’s Foreign Trade Factories Are Doomed, With No Orders and Massive Unemployment

This comprehensive on-the-ground survey video portrays the grim reality of renowned Chinese private enterprises shutting down and going bankrupt en masse. Factory closures and unemployment are just the tip of the iceberg of China’s economic cliff-like decline. In recent years, a significant amount of foreign investment has withdrawn. Renowned global enterprises like TESCO, PHILIPS, Old Navy, Toshiba, Yahoo, OKI, Apple, Canon, Lotte Group, and Sony have all fully or partially exited China. On April 3rd, American economist Milton Ezrati wrote in Forbes that the CCP’s leadership is eager to expand its power. Its increasingly tough policies and routine use of bullying or retaliatory actions are making China’s economy increasingly unattractive. #foreigntrade #chinaeconomy #chinacollapse #chinaobserver All rights reserved.