#Chinainsights#Chinanews#Chinaeconomy This video shows an internal meeting of real estate agents from all over China. They talked about the plummeting prices in their cities, ranging from 20% to 30%. It's a sign of the rapidly declining economy in China. A World Bank Economic Briefing on China, released in June 2022, concluded that by the end of 2021, China's upstream and downstream real estate sectors accounted for about 30% of China’s GDP. Many investors have high expectations for China's economic recovery in the post-epidemic era. They even hope that China's recovery will boost the global economy. U.S. investors, for example, are concerned about the state of the Chinese economy because China is a major market for many U.S. companies and a key growth driver for the most sought-after industries. What many people don't understand is that, with the lifting of the Covid-19 restrictions, the red nation's economy has been slow to pick up, with no hope in sight. Why is this? Let's explore this in this video. Have questions? Do you have something to share with us about China? We want to hear from you! Email: Cinsights.subscription@gmail.com Facebook www.facebook.com/EyesOnChina. Your support allows us to produce more high-quality videos. Consider donating at https://www.paypal.com/paypalme/ChinaInsights Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned.