00:00 Multinational firms in the consumer goods, automotive and machinery sectors have warned
00:05 of meager profits in China due to its slow recovery from the pandemic.
00:09 Double-digit earnings only go a limited few in the dining and luxury groups industry.
00:15 Experts point to China's high unemployment rate, especially among young adults, declining
00:19 property market and reduced export demand contributing to the lackluster economy.
00:24 They predict that business would not get back to normal there until 2024.
