China's Xi Turns to Construction Spending as Lockdowns Hit Economy

The transcript discusses the mass testing efforts in Beijing to prevent a COVID-19 crisis similar to Shanghai's. It highlights the lockdowns in Inner Mongolia due to new cases and the CCP's strategy to boost economic growth through infrastructure projects. Satellite imagery reveals discrepancies in official data, showing decreased port activity and construction, with unsold goods piling up.

What trends are being observed in factory production and inventory levels in China?

What does the satellite imagery indicate about construction activity in major urban areas of China?