The Chinese market potential still appeals to some analysts and consultants during the pandemic. According to Morgan Stanley and Mckinsey, the Chinese consumer market is booming and growth in China is on track to take off. But is the Chinese economy really so promising? Lei takes a close look at the Chinese consumer and labor markets and gives a reality check on the Chinese labor force. Find out what draws young people in China to the lie flat movement and how deadly the 996 schedule and culture can be. 0:00 The Chinese market myth 2:38 Morgan Stanley & Mckinsey’s projections 4:16 Lie flat China & the consumer market 5:55 The Chinese labor force ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: https://www.cnbc.com/2021/01/29/chinese-consumer-spending-to-double-by-2030-morgan-stanley-predicts.html https://www.cnconsume.com/wp-content/uploads/2021/02/2021022209283766.pdf https://www.mckinsey.com/~/media/mckinsey/featured%20insights/china/china%20still%20the%20worlds%20growth%20engine%20after%20covid%2019/mckinsey%20china%20consumer%20report%202021.pdf http://www.stats.gov.cn/tjsj/zxfb/202104/t20210430_1816933.html https://pdf.dfcfw.com/pdf/H3_AP202101151450898811_1.pdf?1610717605000.pdf https://www.cnbctv18.com/economy/china-has-over-600-million-poor-with-140-monthly-income-premier-li-keqiang-6024341.htm ****************** 🔔 Subscribe for updates: null ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** MORE VIDEOS: Why Taiwan Semiconductor drives US Korea Japan China relations https://www.youtube.com/watch?v=jWV5DCBd9Kg What Chinese companies went public in the US stock market amid US China competition? https://www.youtube.com/watch?v=ek0lh-8CGMU Be amazed: the causes for the declining Chinese population and birth rates are hilarious but sad. https://www.youtube.com/watch?v=9hFa4Bqa964 How brands battle Chinese copycats, knockoffs, and trademark squatters: https://www.youtube.com/watch?v=kGvMEYFPSGI Xi Jinping's 4 fears https://www.youtube.com/watch?v=edVtp0xzkr4 Neocolonialism & Belt Road agenda disclosed by the Chinese professor: https://www.youtube.com/watch?v=UjY8LDGlwxE Chinese knockoffs explained: Why Chinese are copycats? https://www.youtube.com/watch?v=kwA6ACulqsw H&M in trouble? In-depth look at the Chinese boycott of Nike, Adidas over xinjiang cotton. https://www.youtube.com/watch?v=A0SYoiPf4KM Elon Musk’s rise and fall. Is Tesla in trouble in China? His Chinese made Tesla cars may cost him. https://www.youtube.com/watch?v=bQU3m9gHrXg Doing business in China: Jack Ma’s trouble & Elon Musk’s bad news. https://www.youtube.com/watch?v=Up_rbq_DpeM China losing young people? Chinese growing old? The loss of Chinese labor force will cost China. https://www.youtube.com/watch?v=J0NRmw84nVc The China 5 year chip plan? The reality of Chinese chip industry and the China chip problem. https://www.youtube.com/watch?v=OK3XCob8D-s US - China | The Secretive China Semiconductor Industry Strategies https://www.youtube.com/watch?v=-uLYytuazWk ****************** OUR PLAYLISTS: Unseen Fortune Documentaries:    • Unseen Fortune documentaries   Dealing with mainland China:    • Playlist   China Uncovered:    • Playlist   Current Affairs - U.S., China, and Beyond:    • Playlist   Tech & Media:    • Playlist   ****************** #leisrealtalk #theChinesemarket #Chineseeconomy #Chinesemarketpotential #Chinainvestmentrisks #Chineselaborforce #996culture #996schedule #youngpeopleChina #Chineselabormarket #growthinChina #Chinaproblems #lieflatchina #USChina #SinoUS #criticizeChina #Chinesepeople #theCCP #Chineseconsumermarket #liedownmovement #morganStanley #mckinsey #Chinastrategies #communistparty #chinausa #chinesecommunistparty #investinChina