His "prediction" of China's growth rate was actually spot on -- he expected the intrinsic growth to be around 6.5%, which is essentially what China has seen in the last 2 years. He did recommend the Chinese government to focus investment back to the coast and believed that would push the growth rate back to above 7%, but as we've seen Xi Jingping has declared that balanced development is more important to the country and maintaining 7+% growth rate is no longer China's main goal. Unlike Western spectators and politicians who apparently have no clue about most issues in China, Huang seems to get the gist and interestingly Xi seems to be taking notes. Curiously, we see real decline in the West in their denial of rational and objective analysis.
My personal history is similar to of all my fellow countries in the neighborhood as for Mexico, Brazil, Argentina, Venezuela, Cuba, Nicaragua and so on. Back 32 years ago, with a doctor degree from George Washington University and working at the world bank, life looked promising. Then, America crushed me to the point of been slander in the streets of Washington DC and as consequence I lost not just the job but the working visa and to return no Brazil to fall in the hands of cruels militaries and my also of Family. America knew what will be of me if had to return. After all, nobody ends up to live a few miles from the White House without America knowing very well who I was and Why I was there. I dove deep into a mightmare of a miserable contry under control of pederasts in uniform. Somehow I manage to survive and every day since then I have ask to myself: "Why America has done that to me." Millions always have intered the country trying to escape persecution of all kind. America has never forced anybody out but did that to me! Why...? Well, this World is not divided between Democrats and Republicans but between Have and Have not. I am Have not, I guess. But now, at the age of 64 I know better. America's beacon of civilization is Comunist China.
I feel as though he skipped one of his most important and earlier points. He noted that China has a lot less arable land than the US and that China is capping the growth of its biggest cities (of which he posed was not a good choice) and instead wanted to open the second tier cities to emigration. If he had seen the countryside lately he would have taken notice that their infrastructure is growing healthily, moreover, land-use is getting big upgrades on their ability to produce their own food in larger amounts with increased technology. Yep, China is planting seeds, infrastructure, technology and education in two of the three most important facets he pointed out, land and people. When China is totally capable of feeding itself, it will no longer be subject to the kinds of trade wars it cannot comfortably afford. China is moving into the country, it is cleaning it up, modernizing it and making its farmers more educated, comfortable and productive. The big cities and their global economies may be subject to a lot of competition and all the ups and downs that come with that sector. But, providing for its own food resources really does need to be its strength. The countryside needs managers, doctors, educators and builders! That is where China went and it sure looks like it is paying off. The growth of capital, simply makes the wealthy wealthier like we have going on in the West. Yukon missed it.
millions of high rises all falling apart most only 4 years old these have no value because they are very poor value no quality all empty and will die very soon giant building falling apart
Lots of people was wondering if China will crash. The answer is no no no. If you look at the size and resiliene of Chinese people, you can see the answer. They work and save. As long as there is Chinese people there the prosperity will be created as long as they have a stable country. Look at other Confusian countries Japan, Taiwan, Korea, hongkong, Singapore and overseas Chinese they are thriving. You can't generalise and compare them with ordinary countries. Their civilisation has been continuing for 5000 years with hardship, disaster, chaos and up and down. They are like 'Jews of Asia'.
barbarbarbar2 You have to listen to the positive and negative videos and sources about China today to get the bigger picture. This guy is decidedly positive, but it is not the entire picture. The negative sources also do not address the things that are going right in China. However, both can be true at the same time. Lots of good and bad going on in the economy at the same time.
barbarbarbar2 after all the economics you watched, you answer with Confucian ideology and resilient people? Listing to the lecture again and study some economics rather than propaganda.
Confucian ideology is as much the backbone of the Asian Psyche as much as Greek ideas of Democracy as well as Christian theology defined the Western psyche. This is the key point for behavioral economic analysis of Asia. It is you who needs to study economics rather than try to be a smart alec.
Good insights, small mistake though, Taiwan is not a country, it's government/political entity is called Republic of China(ROC). And mainland China is People's Republic of China(PRC), so both are China.
I hope China succeeds. There will also be critics out there but at least China tries to make life better for its people. Of course you need to work from the top to the bottom to make it work. It is a huge responsibility but they are determined to make it work. One day the West might be forced to think of the people living in poverty in their country.
Only SOEs can stomach the risks in investing in the OBOR strategy. This OBOR regime changing is China's answer to US's CIA regime changing in their interests for geopolitical as well as resource security. Both regime change system will have the champions supporting the changes like the local cronies and also, naysayers like local oppositions opposing the changes.
@@jasonleetaiwan : No... but he has worked for the World Bank, which makes a lot of difference really. I presume it was World Bank in China... so he must've seen their projections...
+Ai Try commenting in that video and your comment won't show up in *public* view unless it is 'approved' I am sure you know what I am hinting at. 260% GDP he claims there is official figure
he still one of the most knowlegable on china. the problem is you may haven't enough brain to understand what he said. hk. riot sponsored by US. & UK.isn't a big problem China will manage it patiently.
Yeah, but I think China has to preinvest in inner provinces to attract business. Because I rather drive on highway there is no car than be stuck on highway parking lot.
No, Professor Yukon Huang is not a critical thinker. Chinese apologetic is more apt. Carnegie was a revered American institution. His justification is not true if you espouse communist philosophy where theft of IP is somehow condoned in the name of world domination. Free Men object to Chinese totalitarian Marxist/Communist government policies. Fair rules and trade have a long tradition. China can try impose its own rules, alphabet, or anything else on the west. If, for some reason, China experiences resistance to its will, then you now know why.
LIBERTY AND REAL FREEDOM MUST BE PROTECTED BY THE PRESS AND A DEMOCRATIC CONSTITUTION THAT CAN ONLY BE AMENDED BY A TWO -THIRD MAJORITY OF A PEOPLE 'S REFERENDUM GUARANTEEING LIBERTY. FREEDOM PROTECTED BY THE RULE OF LAW AND GUARANTEED BY AN INDEPENDENT JUDICIARY. THE ELECTED REPRESENTATIVES TO BE FULLY FUNDED BY THE PEOPLE 'S TREASURY. ALL IN POLITICS AFTER RETIREMENTS CANNOT BE EMPLOYED IN ANY CAPACITY FOR ANY REMUNERATIONS.. THE RETIRED MEMBERS ARE TO BE PAID A PENSION EQUAL TO JUDGES OF THE SUPREME COURT. FREEDOM CANNOT BE BOUGHT OR BE COMPROMISED. THE SWAMPS MUST BE DRAINED AND BE DESTROYED FOREVER. THE CHINESE MUST. ALL ALSO FOLLOW THE HIGHEST STANDARD ESTABLISHED. POWER AND WEALTH CANNOT BE BOUGHT. ALL CORRUPTIONS BE PUNISHED BY LIFE IMPRISONMENT. BOTH THOSE WHO RECEIVED AS WELL AS THOSE WHO GAVE BE EQUALLY PUNISHED. IT MUST BE. DONE WITHOUT FEAR NOR FAVOUR. THERE MUST BE ABSOLUTELY NO POSSIBILITY OF CORRUPTION THAT CAN UNDERMINES LIBERTY.
If you are so gung-ho IP theft, then you should read the history, America stole technology since WW2 from Germany, United Kingdom and Japan,. If you are again sound so decent, then don’t pretend your horrible acts of murdering millions of innocent Muslims worldwide. Have you read George Galloway goes to Washington? Don’t you get embarrassed? In history, human all steals, America is the worst.
Dear Mesrrs Teh, Before you respond to a comment that offends, you should take some time to check your language, history and motives. If you do not, everything you say will simply be dismissed as the rantings of a Chinese Communist Party agent. There can never be any justification for not having honour. Jesus Christ's Sermon on the Mount is a good place to start to learn about this. Have a good day and sleep well.
Yukon Huang (who used to live in US) lived in Beijing for quite some time. I think that's how he was recruited and paid by Chinese P-R-O-P-A-G-A-N-D-A Dept. I wrote some comments in another video of him, ua-cam.com/video/XepCi0I_g6I/v-deo.html , only 3 showed up in public view. But if you are logged in youtube, all 6 are there. That tells you a lot about Huang :D
+zaiks0105 The 'Chinese propagandist' as you proclaim does give ample examples(substance) of WHY he thinks to the contrary of common beliefs as his own views, And you're trying to fault the guy as a pro-China propagandist on what? 'you think he was recruited and PAID'? You thought this up while taking a shit or something? If you have any better suggestions as to why he is incorrect then tell us, but right now you have no credibility, ZERO~!.
+Rustic Box Go to the other vid I mentioned and find my comments. It is more of the other channel that censored my comments (than the guy himself) but still... Who in the world claims corruption drive an economy? Huang! Does that sound ok to you? For somebody like Huang who obtained a Ph.D, what else could possibly make him say that?
Yukon is not only extremely knowledgeable about China, but is also able to put it in terms understandable to a Western audience.
I agree. I have viewed every video I can find by this guy. Forget the talking heads on Sunday morning talk shows.
Very inspiring, especially as he said "unlike other newspapers". He is a real critical thinker.
We appreciate your wise and knowledgeable perceptive. Thank you!
Many thanks to Carnegie Endowment for making available your intelligent voice on UA-cam! Many thanks!
His "prediction" of China's growth rate was actually spot on -- he expected the intrinsic growth to be around 6.5%, which is essentially what China has seen in the last 2 years. He did recommend the Chinese government to focus investment back to the coast and believed that would push the growth rate back to above 7%, but as we've seen Xi Jingping has declared that balanced development is more important to the country and maintaining 7+% growth rate is no longer China's main goal.
Unlike Western spectators and politicians who apparently have no clue about most issues in China, Huang seems to get the gist and interestingly Xi seems to be taking notes. Curiously, we see real decline in the West in their denial of rational and objective analysis.
Thank you for this presentation.
My personal history is similar to of all my fellow countries in the neighborhood as for Mexico, Brazil, Argentina, Venezuela, Cuba, Nicaragua and so on. Back 32 years ago, with a doctor degree from George Washington University and working at the world bank, life looked promising. Then, America crushed me to the point of been slander in the streets of Washington DC and as consequence I lost not just the job but the working visa and to return no Brazil to fall in the hands of cruels militaries and my also of Family. America knew what will be of me if had to return. After all, nobody ends up to live a few miles from the White House without America knowing very well who I was and Why I was there. I dove deep into a mightmare of a miserable contry under control of pederasts in uniform. Somehow I manage to survive and every day since then I have ask to myself: "Why America has done that to me." Millions always have intered the country trying to escape persecution of all kind. America has never forced anybody out but did that to me! Why...? Well, this World is not divided between Democrats and Republicans but between Have and Have not. I am Have not, I guess. But now, at the age of 64 I know better. America's beacon of civilization is Comunist China.
I feel as though he skipped one of his most important and earlier points. He noted that China has a lot less arable land than the US and that China is capping the growth of its biggest cities (of which he posed was not a good choice) and instead wanted to open the second tier cities to emigration. If he had seen the countryside lately he would have taken notice that their infrastructure is growing healthily, moreover, land-use is getting big upgrades on their ability to produce their own food in larger amounts with increased technology. Yep, China is planting seeds, infrastructure, technology and education in two of the three most important facets he pointed out, land and people. When China is totally capable of feeding itself, it will no longer be subject to the kinds of trade wars it cannot comfortably afford. China is moving into the country, it is cleaning it up, modernizing it and making its farmers more educated, comfortable and productive. The big cities and their global economies may be subject to a lot of competition and all the ups and downs that come with that sector. But, providing for its own food resources really does need to be its strength. The countryside needs managers, doctors, educators and builders! That is where China went and it sure looks like it is paying off. The growth of capital, simply makes the wealthy wealthier like we have going on in the West. Yukon missed it.
millions of high rises all falling apart most only 4 years old these have no value because they are very poor value no quality all empty and will die very soon giant building falling apart
Lots of people was wondering if China will crash. The answer is no no no. If you look at the size and resiliene of Chinese people, you can see the answer. They work and save. As long as there is Chinese people there the prosperity will be created as long as they have a stable country. Look at other Confusian countries Japan, Taiwan, Korea, hongkong, Singapore and overseas Chinese they are thriving. You can't generalise and compare them with ordinary countries. Their civilisation has been continuing for 5000 years with hardship, disaster, chaos and up and down. They are like 'Jews of Asia'.
barbarbarbar2 You have to listen to the positive and negative videos and sources about China today to get the bigger picture. This guy is decidedly positive, but it is not the entire picture. The negative sources also do not address the things that are going right in China.
However, both can be true at the same time. Lots of good and bad going on in the economy at the same time.
barbarbarbar2 after all the economics you watched, you answer with Confucian ideology and resilient people? Listing to the lecture again and study some economics rather than propaganda.
Confucian ideology is as much the backbone of the Asian Psyche as much as Greek ideas of Democracy as well as Christian theology defined the Western psyche. This is the key point for behavioral economic analysis of Asia.
It is you who needs to study economics rather than try to be a smart alec.
Good insights, small mistake though, Taiwan is not a country, it's government/political entity is called Republic of China(ROC). And mainland China is People's Republic of China(PRC), so both are China.
You’re on the nail bro. You’re so right !
教授加油加油站
I hope China succeeds. There will also be critics out there but at least China tries to make life better for its people. Of course you need to work from the top to the bottom to make it work. It is a huge responsibility but they are determined to make it work. One day the West might be forced to think of the people living in poverty in their country.
Cheers for Adam Scott.
Only SOEs can stomach the risks in investing in the OBOR strategy. This OBOR regime changing is China's answer to US's CIA regime changing in their interests for geopolitical as well as resource security. Both regime change system will have the champions supporting the changes like the local cronies and also, naysayers like local oppositions opposing the changes.
at last a china expert that speeks understandable english
Marcel B He is an overseas Chinese, not a mainlander. He thinks from a US perspective.
Marcel B I am still looking for that one "Chinese expert " from west who can speak Chinese .
@@jasonleetaiwan : No... but he has worked for the World Bank, which makes a lot of difference really. I presume it was World Bank in China... so he must've seen their projections...
Debt in China is 240% gdp. Makes US debt look small.
+Ai Try commenting in that video and your comment won't show up in *public* view unless it is 'approved'
I am sure you know what I am hinting at.
260% GDP he claims there is official figure
Google "US total debt to GDP ratio", it's 350%
Do you see any affect in his eyes. There is much to be gained for speaking like this.
Wonder if this dude see himself now in 2020, after crisis in Hong Kong.
he still one of the most knowlegable on china. the problem is you may haven't enough brain to understand what he said. hk. riot sponsored by US. & UK.isn't a big problem China will manage it patiently.
习惯就好
Yeah, but I think China has to preinvest in inner provinces to attract business. Because I rather drive on highway there is no car than be stuck on highway parking lot.
经济发展
Another video on you tube in 2017 he said China had no debt!
I follow all his video and never heard such thing like you wrote .
您说我能够见到吗
No, Professor Yukon Huang is not a critical thinker. Chinese apologetic is more apt. Carnegie was a revered American institution. His justification is not true if you espouse communist philosophy where theft of IP is somehow condoned in the name of world domination. Free Men object to Chinese totalitarian Marxist/Communist government policies. Fair rules and trade have a long tradition. China can try impose its own rules, alphabet, or anything else on the west. If, for some reason, China experiences resistance to its will, then you now know why.
LIBERTY AND REAL FREEDOM MUST BE PROTECTED BY THE PRESS AND A DEMOCRATIC CONSTITUTION THAT CAN ONLY BE AMENDED BY
A TWO -THIRD MAJORITY OF A PEOPLE 'S REFERENDUM GUARANTEEING LIBERTY. FREEDOM PROTECTED BY THE RULE OF LAW AND GUARANTEED BY AN INDEPENDENT JUDICIARY. THE ELECTED REPRESENTATIVES TO BE FULLY FUNDED BY THE PEOPLE 'S TREASURY. ALL IN POLITICS AFTER RETIREMENTS CANNOT BE EMPLOYED IN ANY CAPACITY FOR ANY REMUNERATIONS.. THE RETIRED MEMBERS ARE TO BE PAID A PENSION EQUAL TO JUDGES OF THE SUPREME COURT. FREEDOM CANNOT BE BOUGHT OR BE COMPROMISED.
THE SWAMPS MUST BE DRAINED AND BE DESTROYED FOREVER.
THE CHINESE MUST. ALL ALSO FOLLOW
THE HIGHEST
STANDARD ESTABLISHED. POWER AND WEALTH CANNOT BE BOUGHT.
ALL CORRUPTIONS BE
PUNISHED BY LIFE IMPRISONMENT. BOTH THOSE WHO RECEIVED AS WELL AS THOSE WHO GAVE BE EQUALLY PUNISHED.
IT MUST BE. DONE WITHOUT FEAR NOR
FAVOUR.
THERE MUST BE ABSOLUTELY NO POSSIBILITY OF CORRUPTION THAT CAN UNDERMINES LIBERTY.
If you are so gung-ho IP theft, then you should read the history, America stole technology since WW2 from Germany, United Kingdom and Japan,. If you are again sound so decent, then don’t pretend your horrible acts of murdering millions of innocent Muslims worldwide. Have you read George Galloway goes to Washington? Don’t you get embarrassed? In history, human all steals, America is the worst.
Dear Mesrrs Teh,
Before you respond to a comment that offends, you should take some time to check your language, history and motives.
If you do not, everything you say will simply be dismissed as the rantings of a Chinese Communist Party agent.
There can never be any justification for not having honour.
Jesus Christ's Sermon on the Mount is a good place to start to learn about this.
Have a good day and sleep well.
@@emileventer its difficult to talk to ppl who is ignorant of the history.
You are right. Jesus told us not to steal. Oh I forgot, Cunieform was'nt the first written Language. Bad people tole it from us.
过去我的对手 像你这样的年龄，
Yukon Huang (who used to live in US) lived in Beijing for quite some time. I think that's how he was recruited and paid by Chinese P-R-O-P-A-G-A-N-D-A Dept.
I wrote some comments in another video of him, ua-cam.com/video/XepCi0I_g6I/v-deo.html , only 3 showed up in public view. But if you are logged in youtube, all 6 are there.
That tells you a lot about Huang :D
zaiks0105 i
+zaiks0105
The 'Chinese propagandist' as you proclaim does give ample examples(substance) of WHY he thinks to the contrary of common beliefs as his own views,
And you're trying to fault the guy as a pro-China propagandist on what? 'you think he was recruited and PAID'? You thought this up while taking a shit or something?
If you have any better suggestions as to why he is incorrect then tell us, but right now you have no credibility, ZERO~!.
+Rustic Box Go to the other vid I mentioned and find my comments. It is more of the other channel that censored my comments (than the guy himself) but still...
Who in the world claims corruption drive an economy? Huang! Does that sound ok to you? For somebody like Huang who obtained a Ph.D, what else could possibly make him say that?
So facts are propaganda now?
+Maxwell's Demon I am not saying facts are propaganda. But dont inject some BS while talking about facts.
👿 your grandpa never thought you not to exceed 1 hr in any lesson?
比如，您寿命能够85到95这十年里面也是这样子过 没人可以信任吗
AJ
留点不符合逻辑 交流一下