China Unleashes Stimulus Blitz to Support Economic Growth

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  • Опубліковано 11 лис 2024

КОМЕНТАРІ • 432

  • @deepsudeep
    @deepsudeep Місяць тому +71

    Lady needs to chill, we can hear you

    • @wizaaeed
      @wizaaeed Місяць тому

      She's on the edge cuz she needs to know whats the next fast wealth scheme, that's what current markets are chasing

    • @titusp9488
      @titusp9488 Місяць тому

      forgive her ... she is old ... really old ... her brain isnt working its in the kitchen sink

  • @Infinitymazepa7920
    @Infinitymazepa7920 Місяць тому +186

    Have yall caught wind of Glen Howard Chester? word is, he executed a successful short position on the Chinese Index, yielding an impressive 185%gain 2months ago, before china-stocks reversed course to rise.

    • @Jones21554
      @Jones21554 Місяць тому +6

      Really? Shorting the Chinese Index is a bold move, especially with the complexities of that market. What trading strategies did he employ to achieve such substantial gains?

    • @brianmurphy-j4h
      @brianmurphy-j4h Місяць тому +4

      I heard about Glen via Reuters. His approach involved an in-depth analysis of economic indicators, meticulous tracking of global trends, and identifying vulnerabilities in the Chinese market. He strategically executed short positions to capitalize on the anticipated downturn.

    • @KevinCollins-kg5hl
      @KevinCollins-kg5hl Місяць тому +1

      Impressive, but shorting comes with its own set of risks. Did he share any insights on risk management or how he navigated the challenges?

    • @Infinitymazepa7920
      @Infinitymazepa7920 Місяць тому +4

      Absolutely. Howard emphasized diversification within his portfolio and maintaining constant vigilance over market conditions and stayed attuned to geopolitical developments that could impact the chinese market.

    • @Jones21554
      @Jones21554 Місяць тому +1

      Smart risk mitigation. It's crucial to stay informed and adapt strategies. Do you know if he plans to share more insights or if this was a one-time play?

  • @amunra5330
    @amunra5330 Місяць тому +71

    Why is this woman shouting?

    • @王朝-w3s
      @王朝-w3s Місяць тому

      😅

    • @panoptijohn
      @panoptijohn Місяць тому +5

      Listening to her speak is excruciating. Surely there is someone better suited to the job of presenter.

    • @王朝-w3s
      @王朝-w3s Місяць тому +1

      @@panoptijohn 增添氛围😄

    • @crptc5707
      @crptc5707 Місяць тому

      Cuz she's blaq 😅

    • @titusp9488
      @titusp9488 Місяць тому

      she is very upset ... she is VERY old and her little brain can't handle the news.

  • @my_pronoun_is_your_excellency
    @my_pronoun_is_your_excellency Місяць тому +22

    Kitchen sink! Bloomberg TV needs more educated hosts and guests.

  • @Joegolberg1
    @Joegolberg1 Місяць тому +7

    The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

    • @Justinfred11
      @Justinfred11 Місяць тому

      I usually go with registered representative; Zachery M Demers, He provides a more grounded approach, looking at factors like market demand, regulatory changes, and adoption trends. This approach enable to make informed decisions rather than solely relying on emotional market dynamics

    • @alimbedrihan4489
      @alimbedrihan4489 Місяць тому

      Thanks for the recommendation, I just googled him and I'm really impressed with his credentials, I reached out to him since I need all the assistance I can get.>>

  • @hejjbdhfg-i5j
    @hejjbdhfg-i5j Місяць тому +41

    don't think it's a big stimulus, small one to improve confidence i would say.

    • @forever2005
      @forever2005 Місяць тому +5

      It would BOOST around a FEW DAYS and then BURST again.

    • @contemplating1015
      @contemplating1015 Місяць тому +1

      True but the important aspect is the trend it demonstrates.👍🏻

    • @Kid-520
      @Kid-520 Місяць тому +1

      It’s essential to boost a lot of confidence for Chinese ppl

    • @zacksmith5963
      @zacksmith5963 Місяць тому

      ​@@forever2005that's usa . that explains why usa is under 40 trillion $ debt to China .

    • @arreydharma5784
      @arreydharma5784 Місяць тому

      Lol enjoy your copium ​@@forever2005

  • @lordlee6473
    @lordlee6473 Місяць тому +66

    1 trillion? That’s less than the interest payment US government pays on its debt

    • @williamaseng
      @williamaseng Місяць тому +20

      In Yuan. So only $140 billions

    • @Happyman28778
      @Happyman28778 Місяць тому +2

      Using what the US and world did during Covid as a standard for what’s the economic norm is like judging the invasion of Afghanistan based on US success in Normandy.

    • @fatmanslim4592
      @fatmanslim4592 Місяць тому +3

      unlike usa, chinese spending actually goes to something tangible and specific, with a deadline. Better than 4 trillion of free covid money HAHAHAH

    • @fatmanslim4592
      @fatmanslim4592 Місяць тому +1

      not to mention depending on the goods, chinese money goes at least 30% further than us dollars.

    • @Happyman28778
      @Happyman28778 Місяць тому

      @@fatmanslim4592 Ah Yes Chinese spending, oh so famous for refusing to disclose economic data to public are so trust worthy 😂
      My apologies America bad= China good 🤣🤣
      The whole reason this happened is because the national government knew the developers were over leveraged and kicked the can down the road because it looked better on growth targets. 🤣

  • @ltkwok
    @ltkwok Місяць тому +5

    Let’s see how long this lasts

  • @cloudwithwind574
    @cloudwithwind574 Місяць тому +6

    It seems normal for the United States to cut interest rates and China to implement measures to stimulate the economy!

    • @zwen3763
      @zwen3763 Місяць тому

      If they do this before all the money will end up in US banks. Now its a good timing to do so.

  • @carefulconsumer8682
    @carefulconsumer8682 Місяць тому +4

    Job creation is the key.

  • @chrisaycock5965
    @chrisaycock5965 Місяць тому +5

    Doesn't solve toxic work culture or the shrinking population in general....

    • @DailyGPT365
      @DailyGPT365 Місяць тому +1

      Japan and korea have way more toxic work culture. I dont think China work culture is toxic

    • @hxi7141
      @hxi7141 Місяць тому +4

      East Asians work hard in general, this is why China, Japan, and Korea have been able to grow their economy so fast in the past fifty sixty years

    • @chrisaycock5965
      @chrisaycock5965 Місяць тому +4

      @@hxi7141 Also why they're shrinking so fast. It's great to work hard but you avoid relationships and having kids and in the long run that won't replace people exiting the workforce.

    • @st.charlesofaberdeen154
      @st.charlesofaberdeen154 Місяць тому

      @@hxi7141 modern day slavery

    • @difeikang3676
      @difeikang3676 Місяць тому

      @@chrisaycock5965 too much people, just doing our part not to have more of them

  • @alinthemind
    @alinthemind Місяць тому +12

    Good for HK equities and IPOs.

  • @PhatChin
    @PhatChin Місяць тому +6

    This Haslinda needs to check herself and stop screaming because she looks extremely juvenile

  • @Nik-ik8mv
    @Nik-ik8mv Місяць тому +5

    Bloomberg is salivating, as expected.

  • @marc_so
    @marc_so Місяць тому +1

    I'm not so sure that reducing the reserve ratio requirements is a great idea.

  • @rubylaser8601
    @rubylaser8601 Місяць тому +1

    Too little too late.

    • @hygogc1685
      @hygogc1685 Місяць тому

      they don't even have the printing machine people wants, they r so screw

  • @FrostedGlyph
    @FrostedGlyph Місяць тому +10

    They never mentioned the total value of the package did they?

    • @carkawalakhatulistiwa
      @carkawalakhatulistiwa Місяць тому +2

      Because not everyone gets the same subsidy

    • @FrostedGlyph
      @FrostedGlyph Місяць тому +3

      @@carkawalakhatulistiwa that doesn't make any sense. Every time the US releases a stimulus package, they write the number in the bill they pass.

    • @loull_aroll
      @loull_aroll Місяць тому

      1:55 mark, they mentioned 1 trillion yuan or 142 billion usd

    • @mathewp3416
      @mathewp3416 Місяць тому +4

      ​@@carkawalakhatulistiwa That isnt a reason for not releasing data. Thats like the government saying we wont show tax cuts because everyone belongs to different slabs...

    • @felipe-vibor
      @felipe-vibor Місяць тому

      ​@@FrostedGlyphsince when is US the world government where every country has to do what they do

  • @skyak4493
    @skyak4493 Місяць тому +30

    Looks like the old “extend and pretend” plan.

    • @jacksmith-mu3ee
      @jacksmith-mu3ee Місяць тому +1

      Prove it

    • @teoeehuat8742
      @teoeehuat8742 Місяць тому +1

      @@skyak4493 Agreed. They do it after the rate cut.

    • @Dr.Kraig_Ren
      @Dr.Kraig_Ren Місяць тому +3

      They Can't prevent falling economy
      Working class is decreasing
      It's just next Japan with 1-2% future growth
      If I want to grow my money, I'll put it into a faster growing economy. Like india or south east asia

    • @PelleGIT
      @PelleGIT Місяць тому +1

      Or 'fake it until you make it'.

    • @adamsaciid4919
      @adamsaciid4919 Місяць тому +2

      @@Dr.Kraig_Ren hhhh bro even the 3 next decades chinese economic will growth average of 5% ,
      yes working class is decreasing but their is artificial intelligent racing

  • @ilovesea6276
    @ilovesea6276 Місяць тому +1

    It’s too little too late

  • @MrKenng123
    @MrKenng123 Місяць тому +2

    Let's hope that all the economic indicators like PMI consumer confidence retail sales investment spending, manufacturing index and exports will all come out a lot weaker than expected.

    • @adamsaciid4919
      @adamsaciid4919 Місяць тому +4

      CIA bot😀

    • @AngelEconomics
      @AngelEconomics Місяць тому

      Already are YoY. Zero Covid really did a number on the economy, not just in China, but globally.

  • @nixic_
    @nixic_ Місяць тому +1

    Freeing up $142B for lending when there is no demand is too little too late

    • @dailyrant4068
      @dailyrant4068 Місяць тому +3

      Really? There's NO demand, not at all? Glad you're not an economist

  • @zobenny8290
    @zobenny8290 Місяць тому +13

    近两年了来中国手里的牌一张都没出 未来中国经济将持续向好

    • @hygogc1685
      @hygogc1685 Місяць тому

      😂🤣😂近两年?

  • @WilliamFang173
    @WilliamFang173 Місяць тому +2

    Need to get consumers to spend money. Maybe send out coupons that is redeemable at time of sale for 30% discount the government will pay. For example, at a restaurant, what used to cost the consumer 100 will cost only 70, with the remaining 30 paid by government to the business either upfront or as tax credit.

  • @hosackies
    @hosackies Місяць тому +2

    So just print more money... Great plan

    • @st.charlesofaberdeen154
      @st.charlesofaberdeen154 Місяць тому

      @@hosackies hey if they want to pump my Bitcoin bags and my other assets don't stop them😂😂😂😂😂

    • @dailyrant4068
      @dailyrant4068 Місяць тому +2

      That's how it works for modern economies, unfortunately.... honestly we're all living by debt generation.

    • @hygogc1685
      @hygogc1685 Місяць тому

      they actully don't have the printing machine. at least not the one people wants. They are so screw

  • @iahlee
    @iahlee Місяць тому +2

    The solution for everything: just keep printing more!

    • @macroma
      @macroma Місяць тому +1

      How estimulate consumption if not printing money ?

  • @nubbles162
    @nubbles162 Місяць тому

    Need 2T USD more.

  • @thejeffinvade
    @thejeffinvade Місяць тому +13

    Too little too late

    • @merrick6484
      @merrick6484 Місяць тому +8

      Why the rush?
      Its like cooking, never put alot of salt in one go. No rush for a perfect dish.

    • @GavinQuan
      @GavinQuan Місяць тому +3

      It could be not strong enough, but never late.

  • @GangDaiDai
    @GangDaiDai Місяць тому +2

    Chinese National Day just in 1 week, they do stimulus market every year at this time

  • @jakw97
    @jakw97 Місяць тому

    Just so everyone understands, this is not a good sign.
    They are lowering safety standards in bank reserves to increase speculation i over priced real estate and industrials.
    This is bigger than the US

  • @hassanj1861
    @hassanj1861 Місяць тому +5

    Why this people shouting like doggies?

  • @st.charlesofaberdeen154
    @st.charlesofaberdeen154 Місяць тому +42

    Looks like they're ready to turn on the money printer..... Risk assets are about to explode🎉🎉 🎉🎉🎉🎉🎉❤

    • @censorshipagainstthemiddle6198
      @censorshipagainstthemiddle6198 Місяць тому +26

      What’s interesting is that China has a currency that is backed by industry and we have a failing currency backed by a shrinking military footprint yet most of us can’t see it

    • @ballyfacemini6139
      @ballyfacemini6139 Місяць тому +3

      @@st.charlesofaberdeen154 and its about time, them chinese stocks have been getting hammered for like 4 years now

    • @matsk3601
      @matsk3601 Місяць тому +1

      yes, please come to HK to buy more properties, please...

    • @iggy5347
      @iggy5347 Місяць тому +4

      Cutting interest rate and printing money is a little bit different. Hard to explain but do your homework

    • @merrick6484
      @merrick6484 Місяць тому +7

      China has massive deposits by its citizens (its a custom in East Asian Countries), so, instead of printing money by central government, all they needs to do is lower the interest rate and push the deposits back into the markets.
      Thats the luxury item Western World never has. 😂😂😂

  • @papajohnpuruntong56
    @papajohnpuruntong56 Місяць тому +1

    The SINK HOLE 🤣

  • @leealex24
    @leealex24 Місяць тому

    If stimulus like this, isn't it manipulated?

  • @ethanf.6848
    @ethanf.6848 Місяць тому

    The tech stocks in China will benefit from the stimulus. The property sector may pull back from the rout, doesn't mean they're restart building projects.

  • @francisphuong9989
    @francisphuong9989 Місяць тому +1

    China economic problem isn't about liquidity, its structure problem with low consumer spending and sluggish job market. People are not buying as much houses as before, and prices are still heading downward, simply easing lending is not going to revive the housing market. People who worry their jobs simply are not going to borrow money to dig themselves into a bigger hole. Also, more liquidity means more borrowing at a time when local government already max out on borrowing and having hard time just making interest payment, ex salary cuts and late wages. This is the same old strategy as before, more lending means over investment, doesn't really address the structure problem of low consumer spending and getting out of the middle-income trap.

  • @lokyinphotography
    @lokyinphotography Місяць тому +17

    I have family live in China, Chinese have no problem to spend. All the tourist places are very busy and you can't tell there is a sign of weakness in the economy.

    • @后宫后
      @后宫后 Місяць тому +1

      The real problem is to add another 400 million people to the middle class🤷‍♂️

    • @doujinflip
      @doujinflip Місяць тому +2

      Now go there yourself and assess without WeChat filtering (both technical and psychological) getting in the way. Make sure to pay attention to the activity in the shops and on the streets between destinations.

    • @zacksmith5963
      @zacksmith5963 Місяць тому +1

      @@doujinflip well that explains why usa is 40 trillion in debt to China

    • @litojonny
      @litojonny Місяць тому

      china literally have young adults with no jobs

  • @wisanu99
    @wisanu99 Місяць тому +1

    Still nothing about finishing already sold real estate that’s not finished. If that’s not fixed, nothing is going to help. And they are stuck with god knows how many projects that’s not finished.

  • @hongating6538
    @hongating6538 Місяць тому

    too late 😢 have made it all-done

  • @ytn00b3
    @ytn00b3 Місяць тому +4

    desperate move and I'm going to guess billions will go out the door

    • @zacksmith5963
      @zacksmith5963 Місяць тому +4

      😂that explains why usa is under 40 trillion $ debt to China .

    • @ytn00b3
      @ytn00b3 Місяць тому +2

      @@zacksmith5963 source? I was referring to China black $$$ going out of China.

    • @hxi7141
      @hxi7141 Місяць тому +4

      @@ytn00b3China owns less than 1 trillion of US debt, so not 40

    • @ytn00b3
      @ytn00b3 Місяць тому

      @@hxi7141 tell that to @zacksmith5963

    • @yes-zx2ey
      @yes-zx2ey Місяць тому

      @@zacksmith5963 bro got those numbers from Winnie the po

  • @84KtnM
    @84KtnM Місяць тому +1

    when realstate prices collapse and govts reduce rates, investors move in to pick up these properties at lower interest rates...investors like blackstone buy these properties in dozen, by the time confidence comes back to the market, and citizens can afford to buy, prices have moved up enough higher , the lows are gone and buyers buy them expensive again.

  • @bobbyf.4406
    @bobbyf.4406 Місяць тому

    bank loans to buyback?

  • @rgen28
    @rgen28 Місяць тому +2

    1 Trillion. half of it will go to waste. it is way too small.

    • @beedeebee179
      @beedeebee179 Місяць тому +1

      thats probably in US.

    • @AngelEconomics
      @AngelEconomics Місяць тому

      True. China no longer has the demographics for a consumer based economy.

    • @zixiaozong9789
      @zixiaozong9789 Місяць тому

      @@AngelEconomics when China ever had consumer based economy?😂

    • @AngelEconomics
      @AngelEconomics Місяць тому

      @@zixiaozong9789 well, never. The point is, now they’ll never have the chance.

    • @zacksmith5963
      @zacksmith5963 Місяць тому +1

      @@AngelEconomics china always had consumer bases economy while usa had military based economy.
      . Now usa is under chinese loans

  • @user-vv7ir1pl4j
    @user-vv7ir1pl4j Місяць тому +2

    anything better then 2 trillion in afganistan

  • @Yolo942
    @Yolo942 Місяць тому +1

    All fluff no …

  • @karlembleton4042
    @karlembleton4042 Місяць тому

    Tencent to the moon pls 🚀🌕🔥

  • @mikeni1225
    @mikeni1225 Місяць тому +2

    inflation coming

  • @Wolfbay
    @Wolfbay Місяць тому +1

    It’s a wonderful new world. The world can just keep printing and adding more and more debt.

    • @hygogc1685
      @hygogc1685 Місяць тому

      they actually dont have the printing machine, that's how screw they are

  • @lastChang
    @lastChang Місяць тому +21

    China's 🇨🇳 recent stimulus measures trying to fix its sagging economy
    is like throwing a cup of water on the forest fire. LOL

    • @jjian5
      @jjian5 Місяць тому +7

      Lol India 5 cents getting ready to get paid.

    • @AhmetTekin101
      @AhmetTekin101 Місяць тому +4

      ​@@jjian5

    • @chinaware_456
      @chinaware_456 Місяць тому +2

      wow another economic expert in YT!

    • @Voxabonable
      @Voxabonable Місяць тому

      Hey Chang, those commie Chinese are resilient, they get through hard times and they get things done. Sort of like you, except for the later.

    • @merrick6484
      @merrick6484 Місяць тому +1

      China is trying to keep 5% GDP growth, because anything less than 5% is not good enough for them.
      A student is unhappy because he only got 95% on the test mark, 100% is what he aim for.😁
      Have you check the GDP in US/EU? Their economy are dying as we speak. 😁
      They are happy as long as it stays on positive. What a bunch of losers.

  • @mukamuka0
    @mukamuka0 Місяць тому +5

    The next bubble here we go

    • @hygogc1685
      @hygogc1685 Місяць тому

      relax, they don't even have the printing machine people wants, they r so screw

  • @ClearGlassStudios281
    @ClearGlassStudios281 Місяць тому +1

    Stimulus Blitz = Inflation Blitz

  • @masterchinese28
    @masterchinese28 Місяць тому +13

    Time will tell if this works. Gov't hoped that dropping property prices would allow younger people a chance to buy a property, start families and have babies. People and markets don't work that way. Instead, you have record high unemployment amongst young adults, property owners unwilling to sell their existing properties and people don't have the consumer confidence to buy luxury goods, let alone have babies.

    • @EastMilk
      @EastMilk Місяць тому +6

      @@masterchinese28 babies? No. If you really understood economics, it was about avoiding a massive bubble in the property sector. That bubble was far more dangerous than the lack of newborns that you're referring to. Was 2008 not simple enough for you to understand?

    • @masterchinese28
      @masterchinese28 Місяць тому

      @MVTease China has a massive propaganda and policy push the last several years trying to encourage more babies. Making housing affordable with a "houses are for living, not speculation" is part of the move to encourage family formation and population growth. I guess you were so stuck on 2008 that you missed it.

    • @st.charlesofaberdeen154
      @st.charlesofaberdeen154 Місяць тому

      @@masterchinese28 sounds about right 👍

  • @greasi
    @greasi Місяць тому

    The bots in this coment section are concerning. Please ignore any comments that reference a "trader" by name, the comments will be more bots attempting to mimic support

  • @elcmu2637
    @elcmu2637 Місяць тому +2

    global inflation coming

  • @tellwilliams4493
    @tellwilliams4493 Місяць тому

    You guys do not explain things very well in China is it not true that they buy the house first and it’s built second the problem is the apartments or condos are never built so the person buying the condo or the apartment never gets their condo or apartment even though they paid for it

  • @frostmelody
    @frostmelody Місяць тому

    Fake news or not my BABA shares are finally back at $100!

  • @DBhoyz
    @DBhoyz Місяць тому

    China's on board. Good days are coming back. This stabilizes the dollar and allows more rate cuts. Ecb will need to slow, pause. Another 50 by the fed and some more hiring , higher inflation. Pause until next year. 3% by mid '25, hold on to your bridges, rough ride, smooth landing

  • @mathewp3416
    @mathewp3416 Місяць тому +3

    When will these big nations understand that people cant be controlled that way😩

  • @greenthumb8170
    @greenthumb8170 Місяць тому

    Silver price to go on a nice bull run

  • @amineantion
    @amineantion Місяць тому +2

    Woah, was not expecting this move. Not enough though. $142 billion is not going to save the Chinese economy

  • @harriemeeuwis978
    @harriemeeuwis978 Місяць тому +2

    And the IMF recently raised the growth prospect for China for this year to 5%. That's also what the government aimed for. So that's not bad at all.

  • @poorlittlesheep4098
    @poorlittlesheep4098 Місяць тому

    China is in the stage of a reality check, no country had ever grown like them, and they are not going to grow like they did, just a fact.
    If you visit the tourist locations it's busy as ever, and people do spend, maybe less than when they were confident. But the thing is, even if the confidence were high, it doesn't matter how much plane tickets, hotels, souvenirs, fancy restaurants people spend their money. Nothing compares to buying houses, and the follow-up spendings of them, which was what boosted China's economy. And that was based on the (somewhat blind) assumption that house price will always go up. Now that notion largely went to bust, there's nothing that will support their crazy growth, no matter what stimulus are in place.

    • @zacksmith5963
      @zacksmith5963 Місяць тому

      Agreed
      that explains why usa is under 40 trillion $ debt to China .

  • @newdata
    @newdata Місяць тому +1

    is europe bazooka next ?

    • @st.charlesofaberdeen154
      @st.charlesofaberdeen154 Місяць тому

      @@newdata oh yeah they can't afford to fall behind the US and China. I think dragi said a week ago that they need to invest throughout the EU about 500 trillion dollars over the 20 years just to stay competitive with the US and China.

    • @grandaddyoe1434
      @grandaddyoe1434 Місяць тому

      @@st.charlesofaberdeen154 He will do "whatever it takes", probably dispensing with sustainable economics . . .

    • @zacksmith5963
      @zacksmith5963 Місяць тому

      ​@@st.charlesofaberdeen154that explains why usa is under 40 trillion $ debt to China .

  • @bayernvoeller
    @bayernvoeller Місяць тому +1

    donald trump - ' they're eating the dogs in our country... '
    | Packin Heat • Ep 41 | Los Angeles, California [4K] 🇺🇸 |
    | Opulence & Handouts • Ep 40 | Los Angeles, California [4K] 🇺🇸 | - youtube

  • @kingdanny9721
    @kingdanny9721 Місяць тому +3

    US stock market looks like disappointed today. lol

  • @teoeehuat8742
    @teoeehuat8742 Місяць тому +6

    Just a good timing. US & EU economy collapsing. lot of fund and money will move to Asia. They have been waiting this hour too long. Smart move.

    • @bullpup1337
      @bullpup1337 Місяць тому +4

      wow you are deluded it is quite the opposite

    • @kingseiryu929
      @kingseiryu929 Місяць тому

      @@bullpup1337woah US has a gdp growth half of china in H1 2024 despite china’s doldrums. What happened?
      I don’t support china or us btw. I just say as it is

    • @bullpup1337
      @bullpup1337 Місяць тому +2

      @@kingseiryu929 ahm… you believe the Chinese official numbers, then?

    • @kingseiryu929
      @kingseiryu929 Місяць тому

      @@bullpup1337 by that logic, what if it is actually more? I don’t believe china numbers on Covid but economic growth is kinda different to me.
      Idk, US itself claims there is no riot on Jan 6 you believe?

    • @kingseiryu929
      @kingseiryu929 Місяць тому

      @@bullpup1337 by that logic, what if it is more than what they said? I don’t trust china when it comes to the big flu numbers but it’s different for economic growth.
      By the same logic, the facts for US is always divided into 2 party perspectives. Who to believe like that?

  • @Voxabonable
    @Voxabonable Місяць тому +26

    China, on the other hand, is never so concerned and obsessed about the US economy.

    • @PelleGIT
      @PelleGIT Місяць тому +16

      Because you dont need to be too concerned. Its not the US economy that has struggled for over 4 years and with markets at the same level for 15 years. Chinese economy is a house of cards so of course the world is concerned.

    • @valetudo1569
      @valetudo1569 Місяць тому

      I would say the exact opposite, and all you WuMao reinforce that. On every single video about China - you can find many comments "What about the US blah blah blah", even if the video has nothing to do with the US. Chinese media inside China (yes, I live in China) and comments on videos outside China - are obsessed with comparisons with to the US and bashing the US

    • @valetudo1569
      @valetudo1569 Місяць тому

      @@PelleGIT But he isn't even correct. On every youtube video about China - you find people comparing China to the US. I live in China and the state media is obsessed with labeling the US as the bad guy. China state media is absolutely obsessed with the US, as are the nationalists they have created

    • @zacksmith5963
      @zacksmith5963 Місяць тому +1

      ​@@PelleGITwell that explains why usa is under 40 trillion $ debt to China .

    • @zacksmith5963
      @zacksmith5963 Місяць тому +1

      ​@@valetudo1569don't worry . Everyone knows that usa is in debt to China
      🥱 cia bot spotted
      Usa bill hr1157 cia employs bots to spread anti china propaganda

  • @PerfectoBasilio
    @PerfectoBasilio Місяць тому

    Another copycat…

  • @dhnguyen5682
    @dhnguyen5682 Місяць тому

    Chỉ hỏi covid19 ?

  • @XxXenosxX
    @XxXenosxX Місяць тому +4

    China inflation here we come

    • @TheFirebird123456
      @TheFirebird123456 Місяць тому +5

      @@XxXenosxX well given its been in deflation im guessing a bit of inflation is the goal.

    • @风の时节
      @风の时节 Місяць тому +1

      that will be right exactly

  • @rickyboy5274
    @rickyboy5274 Місяць тому

    ANOTHER VICTIM OF THE PUMP AND DUMP STRATEGY BY THE WEST...😂😂😂😂

  • @timmythomas3522
    @timmythomas3522 Місяць тому +3

    Unless banks are put to the sword to lend, thanks for the 125bps risk free.

    • @TheBielrangel
      @TheBielrangel Місяць тому +2

      They don't need to be put to the sword. They're majorly state owned banks, so unlike in the US, the bureaucrats in China don't need to beg the banks to lend more.

    • @Chancellor-g9b
      @Chancellor-g9b Місяць тому +1

      Government of China has strong grip on financial services

    • @timmythomas3522
      @timmythomas3522 Місяць тому

      @@TheBielrangel that's not where I'm coming from. This is monetary policy. And once CBs lose independence, like here, effects are not as clear as the US.

    • @Idontgiveaf566
      @Idontgiveaf566 Місяць тому

      ⁠@@timmythomas3522since when the China’s central bank is independent from their govt? They always work together.

    • @timmythomas3522
      @timmythomas3522 Місяць тому

      @@Idontgiveaf566 your point? seems you don't understand what monetary policy is.

  • @worldtravelor
    @worldtravelor Місяць тому +9

    Will Chinese ordinary people feel confident to spend again, as they did 10 years ago? I don't think so, because they are worried about their retirement and sickness in old age. The CCP spent trillions on infrustractures, such as a new capital, but it never spent significant resource for common people's social welfare. Any temporary fix will not change anything long term.

    • @jctai100
      @jctai100 Місяць тому +15

      What are you talkin about dude? Internettravelor more like it. The official retirement age is as low as 55 for some workers in China.

    • @jasonchang8601
      @jasonchang8601 Місяць тому +8

      Dont pretend to be an expert about something you're not.

    • @contemplating1015
      @contemplating1015 Місяць тому +3

      You need to look into global liquidity and understand why it's everything in a debt based system.
      Not entirely sure what your comment is alluding to, respectfully🙏🏻

    • @kingtosin
      @kingtosin Місяць тому +3

      Chinese govt has done more for its people than any other country and we talking about a few hundred million people's life that has been greatly improved

    • @dengguochuan
      @dengguochuan Місяць тому +1

      @@jctai100 那是女性

  • @mindpuzzle81
    @mindpuzzle81 Місяць тому +1

    It's not going to work because it doesn't address the primary issue which is excessive savings and delevrageing. Riddle me this how is it that cutting lending rates will help China when households are not borrowing any more money and are in fact reducing their debt? It won't not in the short to medium term until households feel that they've cut their liabilities to sufficient levels.
    What China needs to do is get more money into the hands of the 1 billion people making less than 300 dollars per month. These people are living hand to mouth and any capital put into their hands will be spent.
    You've got a 50 basis point rate cut in a country th a that has a 50+ percent savings rate and you think that's going to do much to help restructure the economy? Not going to happen China needs direct consider stimulus.

  • @randall_c_6163
    @randall_c_6163 Місяць тому +1

    I am up 30% after selling over price real estate to buy under price Chinese stocks.

    • @lijackson-x6r
      @lijackson-x6r Місяць тому

      It is better to buy houses in China. HaiNan island lets foreigners purchase house with no tax.

  • @lance8080
    @lance8080 Місяць тому +3

    PRINTING PAPER 🇨🇳

    • @zacksmith5963
      @zacksmith5963 Місяць тому +3

      Printing toilet paper 🇺🇸

    • @hygogc1685
      @hygogc1685 Місяць тому

      not the paper we want though, so still screw

  • @1two3four5sixer
    @1two3four5sixer Місяць тому +15

    I thought CCP was claiming economy is good and everything is all roses. What happened?

    • @jacksmith-mu3ee
      @jacksmith-mu3ee Місяць тому +12

      @@1two3four5sixer where did it say economy is bad ?
      In usa they told us economy is awesome and people still can't afford anything

    • @boxtears
      @boxtears Місяць тому +13

      Jerome Powell says the US economy is awesome while absolutely refusing to directly answer questions about the labor market.

    • @ssuwandi3240
      @ssuwandi3240 Місяць тому

      @@jacksmith-mu3ee Americans Boomers prosperity seems an excellent trigger for your jealousy👍 what happened?

    • @Littlepunk8964
      @Littlepunk8964 Місяць тому +4

      China economy is so bad right now and to make it worse the rich are leaving too... Singapore, Japan, US, Australia and Portugal are seeing record numbers of rich Chinese immigrant applications

    • @jacksmith-mu3ee
      @jacksmith-mu3ee Місяць тому +2

      @@Littlepunk8964 yes its so bad that usa is under chinese loans

  • @willberry6434
    @willberry6434 Місяць тому +12

    chinese economy is cooked. Demographics are cooked in china

    • @nfc6563
      @nfc6563 Місяць тому +3

      @@willberry6434 you worry too much abt china . 🇨🇳

    • @TheBielrangel
      @TheBielrangel Місяць тому +2

      Sure is lol. Are you putting your money where your mouth is or are you just talking nonsense?

    • @yongchen8204
      @yongchen8204 Місяць тому +3

      china has no demographics issue. in fact china has more people now and 20% of its young people dont have a job due to lack of employment opportunity. more people means more slave workers for the west and its multinational companies to produce goods at lowest price for their consumers, at the same time, suppress wage because there are plenty of workers are available. that is why china still in poverty despite the fact it has grown its economy at double digits for the last 30 years. and it is still poorer than malaysia per person!

    • @jacksmith-mu3ee
      @jacksmith-mu3ee Місяць тому +1

      😂China 0 recession
      China 0 inflation
      Usa recession
      Uk recession
      France recession
      Germany recessing
      India recession
      Taiwan recession

    • @hohoho6338
      @hohoho6338 Місяць тому +3

      ​@@yongchen8204around 20 percent of china's population is above 60 and that number will be around 40 percent in 2050. And that's a lot of money to be spent on elderly people

  • @bleepbloop4389
    @bleepbloop4389 Місяць тому +2

    "5% GDP Growth", needs stimulus. 🤣🤣🤣

    • @zacksmith5963
      @zacksmith5963 Місяць тому +2

      China economy bad at 5% growth
      Usa economy robust at 0.9% growth

  • @PelleGIT
    @PelleGIT Місяць тому +3

    What the Chinese economy needs is not another 'blitz'. They need to reform to a free market economy, give the Chinese people property rights and implement democracy and you would see China take off like a rocket ship, much like well managed countries such as Singapore and Taiwan. Taiwan should be the template for China.

    • @adamsaciid4919
      @adamsaciid4919 Місяць тому

      they have property rights better then every other countries also their is no need what's called democracy

    • @Leitalks
      @Leitalks Місяць тому +3

      you must be joking. Singapore may be, but Taiwan democracy is such a failure and the economy has been stagnate for decades.

    • @amunra5330
      @amunra5330 Місяць тому +4

      You do know that China is a direct democracy right?

    • @MeditationNow123
      @MeditationNow123 Місяць тому

      China = PRC + ROC

    • @PelleGIT
      @PelleGIT Місяць тому +2

      @@Leitalks And still Taiwan is significantly richer than China (per capita). Chinese are poor, Taiwanese are rich. How does that work?

  • @dennisyin2844
    @dennisyin2844 Місяць тому

    Let’s go Brandon!

  • @kaizhang4631
    @kaizhang4631 Місяць тому

    我们将见证新王登基

    • @eddy5380
      @eddy5380 Місяць тому

      no. Emperor XI is staying!

    • @zacksmith5963
      @zacksmith5963 Місяць тому

      ​@@eddy5380 monarchy is banned in China

    • @eddy5380
      @eddy5380 Місяць тому

      @@zacksmith5963 dictatorship isn’t

  • @ArabicReja973
    @ArabicReja973 Місяць тому +10

    Stimulus = borrow and print more money --> pay more interest --> lower credit rating.

    • @Zlaland
      @Zlaland Місяць тому +3

      R u talking about US or china

    • @jjian5
      @jjian5 Місяць тому +3

      Probably India lol

    • @jacksmith-mu3ee
      @jacksmith-mu3ee Місяць тому +6

      China 0 recession
      China 0 inflation
      Usa recession
      Uk recession
      France recession
      Germany recessing
      India recession
      Taiwan recession

    • @ssuwandi3240
      @ssuwandi3240 Місяць тому +1

      Maybe that's the price of 5% growth.

    • @AhmetTekin101
      @AhmetTekin101 Місяць тому +2

      In 2023, real China's economy shrank -3.5%, nor expanded 5.2% as reported.

  • @nickl1177
    @nickl1177 Місяць тому +13

    Unlike US, China can afford the stimulus

    • @philmelb1022
      @philmelb1022 Місяць тому +5

      No it can't

    • @allerliebste3393
      @allerliebste3393 Місяць тому

      US economy recovered from coronavirus, but China's didn't

    • @Kid-520
      @Kid-520 Місяць тому +3

      @@philmelb1022yeah it definitely can 😊

    • @zacksmith5963
      @zacksmith5963 Місяць тому

      ​@@allerliebste3393that explains why usa is under 40 trillion $ debt to China .

    • @st.charlesofaberdeen154
      @st.charlesofaberdeen154 Місяць тому

      @@nickl1177 delusional, but they increased indebtedness will make my Bitcoin rise so I could care less.

  • @jaym9846
    @jaym9846 Місяць тому

    Should it be illegal for governments to print money earned by workers?

  • @CALUNERBILLY
    @CALUNERBILLY Місяць тому

    To all the bots in the comment: if this move is not good enough, check out their stock market today.

  • @youarebeingtrolled6954
    @youarebeingtrolled6954 Місяць тому

    Westoids : china collapsing have to use stimulus!!! 😮
    Westoids: stimulus not enough haha😂
    Westoids: chinese overcapacity is cheating how dare they 😢

  • @bayernvoeller
    @bayernvoeller Місяць тому +1

    while America busy spending Billions on anti - China , it backfires on the American people -
    | I Spent a Day in LA's Most Dangerous Hood |
    | Zombie-like woman found convulsing near abandoned house |
    | Open AirMarket • Ep 38 | Los Angeles, California [4K] 🇺🇸 |
    | Pizza & Rodents (Ft. Rebecca Olsen) • Ep 43 | Los Angeles, California |

    • @ytn00b3
      @ytn00b3 Місяць тому

      nop, it's actually helping US economy now and it's growing and employment rate is much higher.

    • @bayernvoeller
      @bayernvoeller Місяць тому

      @@ytn00b3
      | america - Streets of Philadelphia, Kensington Philadelphia | May 2024 |
      | California’s New Law in Effect? ⛺ • Ep 39 | Los Angeles, California [4K] |

    • @ytn00b3
      @ytn00b3 Місяць тому

      @@bayernvoeller you serioulsy never have been to US don't you? that's just few among many places in the US. China has massive poverty and underdeveloped places too not too mention half the population under poverty despite China claimed to have lifted 600 million out of poverty. Have you seen these chinis toi-lets? and how ppl don't clean up the mess?

    • @bayernvoeller
      @bayernvoeller Місяць тому

      @@ytn00b3
      donald trump - ' they're eating the dogs in our country... '
      | Packin Heat • Ep 41 | Los Angeles, California [4K] 🇺🇸 |
      | Opulence & Handouts • Ep 40 | Los Angeles, California [4K] 🇺🇸 | - youtube

    • @ytn00b3
      @ytn00b3 Місяць тому

      @@bayernvoeller lmao, China has more $h!tholes than you realize.