00:00The Chinese economy does have still a big problem in its real estate sector.
00:06The Chinese government wants the Chinese economy to be retooled somewhat away from purely export-led to also domestic consumption
00:18and just doesn't get there.
00:20They had deflationary pressures, so actually the inflationary pressures through the Strait of Hormuz rose can be accommodated quite happily
00:33because they countered the deflationary pressures, but it is a sign of structural imbalances.
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