Mortgage Boycotts & Housing Crisis Pulls Down Chinese Economy | National Drought Warning | Rate Cuts

Please Support the Channel (It's just me making China Update):https://www.patreon.com/chinaupdatehttps://www.buymeacoffee.com/chinaupdateChina Update is about China economic and political news and analysis, today we discuss the Chinese economy, China housing crisis, heatwave and other China news #chinaupdate00:00 Introduction00:11 Chinese Economy: PBoC Cuts Rates02:39 Housing Crisis06:28 Heatwave & Drought Channel email: [email protected] consulting firm:https://www.chinaupdateconsulting.com/China Update provides you guys with the most up to date political, economic, and geostrategic analysis on China - so that you are on top of the world's number 2 economy. I was originally a lawyer who later moved to China to work in policy. My videos are based on hundreds of articles, think tank reports, government statements and other resources in English and Chinese. The views and analysis are all my own and I make the videos.Disclaimer: China Update is not a financial advisory channel. Nothing I say should be taken as investment advice. Please speak to a professional before making any investment decisions. While I take great care in researching everything discussed in my videos, I do not guarantee that all claims are 100% accurate, all claims should be verified by viewers.