Pres. Xi made clear China isn't backing away from centralizing its economy: Michelle Caruso-Cabrera

Поділитися
Вставка
  • Опубліковано 27 бер 2024
  • Michelle Caruso-Cabrera joins 'Squawk Box' to discuss President Xi's meeting with American business leaders during the China Development Forum, key takeaways from the meeting, business outlook in China, Treasury Secretary Yellen's speech on China, state of U.S.-China relations, and more.

КОМЕНТАРІ • 655

  • @motombyesele1346
    @motombyesele1346 Місяць тому +195

    You guys make me sick with some of your comments. How do you define excess production capacity? Without excess production, there will be no International trade. When China was doing low-end manufacturing the West never complained now they are into high-end production they are talking about market saturation/over-capacity. See!!!!

    • @zjdye
      @zjdye Місяць тому +21

      That's true

    • @KayyHong
      @KayyHong Місяць тому

      America and its vassal states will say whatever suits them. It has always been this way and they call it "Rules-Based Global Order."

    • @Alloytribe86
      @Alloytribe86 Місяць тому

      No no china is dumping product using cheap labor and shitnproducts

    • @jiahan3849
      @jiahan3849 Місяць тому +2

      Patently wrong. Study Economics 101 first.

    • @ssuwandi3240
      @ssuwandi3240 Місяць тому +4

      Basically what the US policymakers could have said is as examples that China EV has potentials but we only have a quota of such and such in EV imports in stated X, Y and Z that would require American jobs to be filled at such and such rate in each state by 2024 and 2025.
      Highly targeted and strategically engaged policies.

  • @keungpang2176
    @keungpang2176 Місяць тому +239

    China is not listening to us, that's why their economy is doing so well. 😂😂😂😂

    • @sunnyhill3000
      @sunnyhill3000 Місяць тому +41

      Because China can see clearly the strengths and the weakness of the US system, they learn the good things and also avoid the bad things. However, the US just not humble enough to admit that. On the other hand, they see China as 100% bad. If it is, why China keeps making progress

    • @ScentlessSun
      @ScentlessSun Місяць тому

      @@sunnyhill3000When China invents anything as revolutionary as the Internet, television, the transistor, integrated circuits, CPUs, RAM, personal computers, airplanes, helicopters, GPS, the lightbulb, electrical power grids, mass production of products, MRI medical imaging, nylon, hearing aids, LEDs, chemotherapy, lasers, plastic, microwaves, email, social media, UA-cam, the submarine, the electric motor, telephones, reusable rockets, electric guitars, video games, genetic engineering, fiber optics, nuclear power, and then lands on the moon….America will humble itself before mighty China. For now, it mostly steals our technology. The modern world and China is built on technology invented in America. Trading with America lifted China out of poverty. And China builds up its military as though the USA would ever attack China. There is zero chance that would happen. America admires the Chinese people and culture. It dislikes its government but not enough to go to war over it. However, it won’t allow China to invade Taiwan. Peaceful reunification is the only option.

    • @NorCalMoDo
      @NorCalMoDo Місяць тому

      @@bijarjatoiEnglish language media controlled by the moguls in the US and UK has definitely succeeded in convincing their listeners/readers that china economy is in trouble.

    • @lekaido
      @lekaido Місяць тому +6

      Yeah, build some more ghost cities.

    • @jin_asap
      @jin_asap Місяць тому

      @@lekaido google "ghost cities myth"

  • @Jerry-ii2yp
    @Jerry-ii2yp Місяць тому +61

    If the investment environment of China was that bad and horrible, how come majorities of the biggest multinational Companies still invest China heavily? Sounds like these three journalists know much better of how to invest and make a profit than those executives do😂

    • @ZhenYae
      @ZhenYae Місяць тому

      Good if not great profit margins they won't get anywhere else in the world. The CEOs nod in unison, and the host frowns in disgust. Bollocks.

  • @silafaupaulmeredith7251
    @silafaupaulmeredith7251 Місяць тому +8

    The hypocrisy is amazing

  • @thesheepthemightythecrazy
    @thesheepthemightythecrazy Місяць тому +146

    Omg the horror, China might give Americans affordable cars!!! The utter terror.

    • @davidyoder-rh4wf
      @davidyoder-rh4wf Місяць тому +2

      Don't want the trash

    • @thesheepthemightythecrazy
      @thesheepthemightythecrazy Місяць тому +18

      @@davidyoder-rh4wf Yea!!! Trash that is better and cheaper than what we have!! Such trash!!!

    • @MetaView7
      @MetaView7 Місяць тому +21

      @@davidyoder-rh4wf That's what people said about Japanese cars back in the 70s.

    • @willengel2458
      @willengel2458 Місяць тому +6

      the most expensive part of an EV is the battery. Chinese automakers have an entire supply chain which other country does not have. even Tesla buys its battery from CATL.

    • @IamHandsome4u
      @IamHandsome4u Місяць тому +7

      ​@@davidyoder-rh4wf oh really? Then y does tesla Y uses byd batteries?

  • @yooo692
    @yooo692 Місяць тому +30

    These commentators are just full with prejudice. So Cheap products for people is not a good thing, I see

  • @chrislee5685
    @chrislee5685 Місяць тому +65

    Basically China beat then in their own game. It funny cause Japan also done so previously guess US never learn.
    Since Japan half colony of US they easily push them down with tariff and condition but China not taking it that all.

    • @kenyup7936
      @kenyup7936 Місяць тому +2

      Absolutely not, Japan ends its lost decades for 30 years, I’m wondering how many years our country is going to take for ending our lost decades 😢 because Japan is way richer than our country, I guess it might takes over 40 years 😢

    • @balckston
      @balckston Місяць тому +1

      ​@@kenyup7936
      Where r u from?

    • @gezhang-nu2vv
      @gezhang-nu2vv Місяць тому +7

      Because China has balls,it’s a big independent country.

    • @bigbigdog
      @bigbigdog Місяць тому +1

      You've never been to Japan lol

  • @KayyHong
    @KayyHong Місяць тому +238

    All the speakers here are ignorant about China but they have to be this way in order to keep their jobs. To say anything positive about China is detrimental to their careers.

    • @user-hc8ki1rl4t
      @user-hc8ki1rl4t Місяць тому

      And for you to say anything negative about China is detrimental to your career as a troll for the Chinese Communist Party. Zero integrity.

    • @shumyinghon
      @shumyinghon Місяць тому +12

      they are just toeing the line, not really ignorant

    • @user-hc8ki1rl4t
      @user-hc8ki1rl4t Місяць тому +10

      @@shumyinghon 20 social credits. Good boy. You buy mother buffalo.

    • @sunnyhill3000
      @sunnyhill3000 Місяць тому

      That's understandable. The US is usually the number one in the past decades and one day China comes as a rising power. As China comes closer and closer, the US of course is not going to be happy about this.

    • @NorCalMoDo
      @NorCalMoDo Місяць тому +13

      They seem truly believe what they are saying.

  • @RobotRon_2084
    @RobotRon_2084 Місяць тому +92

    How dare someone sell cheap solar panels and EVs.

    • @960john
      @960john Місяць тому

      When GM, Ford ecc.. will fire workers, many americans won't be happy. Cheap foreign production mean less local western firms.

    • @balckston
      @balckston Місяць тому +6

      How dare you 😂😂😂

  • @lxue5518
    @lxue5518 Місяць тому +57

    China try to dumping 20K EV to US, and US said no, they would rather want 50K EV

    • @SadDays-21
      @SadDays-21 Місяць тому

      So great! So the rich will benefit from the prospering economy, but the poor cannot afford a car and have even less opportunities for various job opportunities. Ban the EV that is above 50k so that the US car manufacturers will do well. But don't ban the 20K EV.

    • @JCSY1
      @JCSY1 Місяць тому +7

      So called smart people like to spend more for less. Getting into more debt is no problem too according to them. Is it really too smart or plain dumb ???

    • @user-cr5il4wz8d
      @user-cr5il4wz8d Місяць тому +5

      Our system is designed for you and I to be in debts. 55k for an ev car, over priced over valued homes $500k , credit cards spending. They want all of us to pay monthly interest payments and keep spending with borrowed money , that's how they get rich and us poor. A debt based society

    • @JCSY1
      @JCSY1 Місяць тому +3

      @@user-cr5il4wz8d It's good for the rest of the world. We want cheaper and more affordable EVs. Forget about the US and those markets that sell expensive EVs.

    • @streetman6661
      @streetman6661 Місяць тому

      why are they so sure china is going to sell EVs in the US market? are the chinese really that interested in a market with high tariffs and constant harassment of china products. there is a huge South American market that the chinese car plants in mexico are targeting.

  • @rabbitazteca23
    @rabbitazteca23 Місяць тому +39

    Somebody's jealous of China

    • @hasinabegum1038
      @hasinabegum1038 Місяць тому

      Chinese economy is 38% domestic consumption and US economy is 69% domestic consumption.Us economic base is far stronger then China

  • @kokica007
    @kokica007 Місяць тому +146

    I think this chick does not like China

    • @maltlickytexas
      @maltlickytexas Місяць тому +3

      You mean woman?🤦‍♂️

    • @johnc1873
      @johnc1873 Місяць тому +24

      nah, we mean witch@@maltlickytexas

    • @maltlickytexas
      @maltlickytexas Місяць тому

      @@johnc1873 Nah, you mean woman.😂

    • @johnc1873
      @johnc1873 Місяць тому +6

      @@maltlickytexas I guess if that’s what you call a “woman”

    • @tosl1232
      @tosl1232 Місяць тому

      Putin and Kim Jong Un love like China.

  • @yooo692
    @yooo692 Місяць тому +55

    Let us hear what Xi said, not just you guys bs

    • @caladr9367
      @caladr9367 Місяць тому

      All Xi says is BS

    • @urcompnioncube0213
      @urcompnioncube0213 Місяць тому +2

      Although You can find it and watch it .... but they won't make finding it easy. They won't air or host it on any US media site or translate it. Google will make sure it's not on the first 3-10 search pages. No US Official translating source will translate it. You can only watch it on a Chinese hosting site, TikTok, or amateur uploads and there is about a 90% chance it's not translated by volunteers. Even the Chinese links that you do happen to find on google are not accessible since they're meant to be opened by Chinese apps and extensions. Thats the magic of outsourced self-censorship, it makes information so inconveniently inaccessible and hard to get that people will just stay with whatever US media spoon-feeds them.

    • @rhyc5349
      @rhyc5349 Місяць тому

      HEAR WHAT EXACTLY? ARE YOU A CCP CHINA TROLL OR BOT? THE WHOLE WORLD ALREADY KNOWS WHAT KIND OF HUMAN BEINGS CCP IS AS WELL AS EMPEROR WINNIE THE POOH XI. WE WON'T BOW DOWN TO WINNIE THE POOH XI CUZ HE'S NOT GOD...LET'S ALL BE STRAIGHT ON THAT NOTE! YOU CAN NEVER FOOL US!

  • @teebone2157
    @teebone2157 Місяць тому +128

    The US is the only country in the world that sends "business leaders" to speak to leaders of countries. Tells you alot about how crappy it is here. I want a BYD car and solar panels please. This would help millions of working Americans save money in utility and transport cost

    • @adamwallace7638
      @adamwallace7638 Місяць тому

      Every major country does it

    • @Norwegian733
      @Norwegian733 Місяць тому +1

      @teebone2157 Maybe you should stop pretending to be american. You are working as a propaganda commentator in China.
      We need to stop all the CRAP comming from China into Europe, North America, Japan, Australia, etc.
      Shut down the criminal business from the communist party.

    • @hillerm
      @hillerm Місяць тому +2

      Oh please give me a 50 cent car!

    • @johnc1873
      @johnc1873 Місяць тому

      why wouldnt we want BYD cars? It's only the best in the world and at a good price. Americans can't afford cars so whats so bad about having affordable cars?@@anamerican82

    • @user-oc5ry8pp1p
      @user-oc5ry8pp1p Місяць тому +4

      @@hillerm i got a Xpeng G6, :D

  • @Candyrabbit999
    @Candyrabbit999 Місяць тому +14

    What the US Politicians care is always and only their own interests, and not even the majority Americans’ interests. And they do so at the costs of the interests of other countries. So if you hear the US media praising someone at another country, that means this guy has done something stupidly bad. Vice Versa.

  • @jasons9826
    @jasons9826 Місяць тому +16

    I want to have affordable solar panel on my roof. I want cheaper EV than Tesla. Have you talked to US consumers?

  • @williamwatitwa3534
    @williamwatitwa3534 Місяць тому +22

    Why does the us care so much about china? The us introduced the term decoupling, why dont they do it without fusing so much, if they continue decoupling china wont need to sell anything to the us , as for car , the Chinese market is the largest car market, the us only has a 400mn population their is a whole 1 bn continent in africa asia and europe where they can trade with china

    • @lagrangewei
      @lagrangewei Місяць тому

      ya, US think bilaterally... China think globally... it is rather disappointing...

  • @xgguo3531
    @xgguo3531 Місяць тому +36

    BYD is a private company of China and it beats Tesla on EV sales.
    It is not state-owned companies but private companies of China beat US companies in different industries.

    • @edgarcabanlas4959
      @edgarcabanlas4959 Місяць тому

      It seems the level of enterprise differ from democratic countries and communist china... so now it is revealed 50 years hidden by China...

    • @MetaView7
      @MetaView7 Місяць тому +3

      Warren Buffet was a major investor in BYD. He made tons of money from it.

    • @whatwhy106
      @whatwhy106 Місяць тому

      BYD makes cheap crap cars that are unsafe.

    • @xgguo3531
      @xgguo3531 Місяць тому +1

      @@whatwhy106 I am afraid that you may not afford a BYD car.

    • @MetaView7
      @MetaView7 Місяць тому

      @@whatwhy106 That WAS true, 10 years ago, they made cars like a 20-year-old Hyundai. But time has changed and they caught up, and surpassed many.

  • @user-oc5ry8pp1p
    @user-oc5ry8pp1p Місяць тому +65

    why they don't let you hear what Xi say, instead hear bad words from these reporters.

    • @deezeed2817
      @deezeed2817 Місяць тому

      The U.S media resorts to lying. That's not what Xi said at all, Why are they saying things that he did not say?

    • @Jimmy-zx6sd
      @Jimmy-zx6sd Місяць тому +9

      Yes, let the American people hear what Xi's says directly, not from these reporters.

    • @BjorckBengt
      @BjorckBengt Місяць тому

      Xi lies.

    • @hongcezhang2889
      @hongcezhang2889 Місяць тому +7

      @@BjorckBengt Not as much as a typical US politician.

    • @rhyc5349
      @rhyc5349 Місяць тому

      😂😂😂😂😂😂😂😂😂😂😂😂 HEAR WHAT?...HIS LIES, HYPOCRISY AND BRAINWASHING?!!!

  • @forestwood9282
    @forestwood9282 Місяць тому +90

    if Chinese gov does what you think what they should do, they would never have achieved their huge success.

    • @KayyHong
      @KayyHong Місяць тому +19

      If China followed the American model, a few Chinese would be Much Richer, leaving the overwhelming majority Much Poorer.

    • @hzhu12
      @hzhu12 Місяць тому +16

      @@KayyHong Kind of like India?

    • @user-hc8ki1rl4t
      @user-hc8ki1rl4t Місяць тому +1

      Ecological ruin? = huge success? 😂😂😂

    • @KayyHong
      @KayyHong Місяць тому +6

      @@user-hc8ki1rl4t --- who inserted that thought into your head? Obviously, people detached from reality!

    • @user-hc8ki1rl4t
      @user-hc8ki1rl4t Місяць тому +1

      @@KayyHong Nah, I don't live in China. Thoughts are my own. Not inserted into my head by Big Brother.

  • @HKChineseCanadian
    @HKChineseCanadian Місяць тому +49

    wow these three people are so ignorant of China! Spewing anti-China talking points is so boring.

    • @zacksmith5963
      @zacksmith5963 Місяць тому +14

      That's how usa is nowadays . I gave racism on daily basis

    • @ssuwandi3240
      @ssuwandi3240 Місяць тому +2

      Prior Taiwan President Ma (from 2008 to 2016.) just came out and stressed that Taiwan is not a country as (ROC) Constitution stated. Their politicians seem extremely slower than most will expect a meaningful dialogue

    • @ZeeZee463
      @ZeeZee463 Місяць тому +1

      Wow, now china is dumping Chinese chat bots on here.

    • @zacksmith5963
      @zacksmith5963 Місяць тому +8

      @@ZeeZee463 wow . Cia bot triggered . Just admit u lost cupcake

  • @minshyu
    @minshyu Місяць тому +21

    Someone at CNBC should know Chinese to discuss Xi Jinping’s speech. I has never been heard of "centralizing its economy" in Chinese strategy.

  • @giansideros
    @giansideros Місяць тому +65

    They're telling China to follow India's example. 🙄

    • @jasonlucas2328
      @jasonlucas2328 Місяць тому +11

      I hope India can take off like China. However, none of the foreign investments have succeeded.

    • @AbuShivaToyib
      @AbuShivaToyib Місяць тому +8

      India...?😂🤭

    • @kevinl7173
      @kevinl7173 Місяць тому

      What example? I saw Indians put monkey on their heads

    • @Xcelcior6780
      @Xcelcior6780 Місяць тому +2

      It Didn't Work Mate India Is Not Great Anymore☹️

    • @bigbigdog
      @bigbigdog Місяць тому

      @@Xcelcior6780 or ever

  • @eskay2012
    @eskay2012 Місяць тому +6

    Why US did not decouple from Chinese economy and Janet still have to shuffle up & down with China. And why do US worried about China going to war when Taiwan is part of China? In short, stay out of other countries’ domestic matters and the way they run their economies.

  • @kittydukakis
    @kittydukakis Місяць тому +21

    State planned economy has worked great for China. Why would they suddenly adopt our system and all its problems such as extreme inequity, for-profit healthcare, huge national debt?

    • @jiahan3849
      @jiahan3849 Місяць тому +1

      You mean Soviet worked even better?

    • @kittydukakis
      @kittydukakis Місяць тому

      ​@@jiahan3849 If China's economic plan is communism, communism seems to be working.

    • @kittydukakis
      @kittydukakis Місяць тому +4

      @@jiahan3849Our authority have you convinced that its problem with China is communism. If that's communism, it's working.

    • @Mrbarmitsoulo
      @Mrbarmitsoulo Місяць тому +4

      ​@@kittydukakis let's move one from the stereotypes please... Communism is a hypothetical FUTURE STATELESS society. This is a mixed economy with more and more socialistic tendencies with Chinese characteristics. Having a plan and control on your economy is of course a huge part of it. China is TRYING to build socialism. They have literally studied every mistake that the Soviet Union made in their attempt to do so. Every country is different. So far yes, it is working and whoever says otherwise is lying to himself.

    • @jiahan3849
      @jiahan3849 Місяць тому +1

      @@kittydukakis Communism was working in the Soviet Union in 1960s until it did not. If you know nothing of Economics, you know nothing on this topic.

  • @johnnywalker2870
    @johnnywalker2870 Місяць тому +69

    China created the most successful economy in the history of the planet! No country has ever experienced so much growth in so little time!

    • @peterg0
      @peterg0 Місяць тому +10

      Now you know what a good government or a good political system is ....

    • @KayyHong
      @KayyHong Місяць тому

      And that, my friend, is an existential threat to America's National Security and Hegemony and totally UNACCEPTABLE!

    • @AthenaSaints
      @AthenaSaints Місяць тому +4

      ....with the help of USA, Japan, Taiwan, Europe, South Korea.

    • @johnnywalker2870
      @johnnywalker2870 Місяць тому +2

      @@AthenaSaints just like the US!

    • @johnnywalker2870
      @johnnywalker2870 Місяць тому +4

      @AthenaSaints every prosperous country in history prospered from trading with other countries. However, China was more successful than all others!

  • @jimkuan8493
    @jimkuan8493 Місяць тому +36

    This woman is a hired voice. She will say whatever the US Propaganda Overlords want her to say. And all those new anchors just nod and pile on. They all know who is writing their paychecks.

    • @NorCalMoDo
      @NorCalMoDo Місяць тому

      Wow, you are so smart. I was shocked to hear what she and Joe was saying and not sure why she said that.

  • @gabrielfelippemateus
    @gabrielfelippemateus Місяць тому +41

    "that's not a recipe for growth" what about the Chinese economic growth the last 30 years?

    • @sciencefliestothemoon2305
      @sciencefliestothemoon2305 Місяць тому

      some of it is an asset bubble, no one really knows what the Chinese numbers really are, same as how they miscounted their population by 100 million....

    • @LokeKS
      @LokeKS Місяць тому

      Ha ha you are right

    • @LokeKS
      @LokeKS Місяць тому

      How dumb can they be

  • @yashkumar3196
    @yashkumar3196 Місяць тому +6

    What about America who lectures every country to not be so protectionaist about their economy and should open them up for american business

  • @kingjustice1831
    @kingjustice1831 Місяць тому +9

    We need to think critically when talking about this subject. The ‘average’ American (read: most) is not doing well under our current system either, and it’s getting worse.

  • @gabrielfelippemateus
    @gabrielfelippemateus Місяць тому +31

    It's wild how the US is hallucinating

  • @omduttdixit6285
    @omduttdixit6285 Місяць тому +3

    US is resilient as long as they have the ability to print

  • @thomasrogers9146
    @thomasrogers9146 Місяць тому +35

    WHY ARE AMERICANS SO OBSESSED WITH TELLING A 5000 YEAR OLD HOW TO RUN THEIR ECONOMY.THE CHINESE HAVE SAID,COMMON PROSPERITY IS THEIR NUMBER 1 PROSPERITY FOR ALL THEIR PEOPLE. IT CALLED A VIBRANT MIDDLE CLASS NOT A CASINO FOR WESTERN INVESTORS.

    • @jiahan3849
      @jiahan3849 Місяць тому

      If you understand Economics 101.......

    • @levelazn
      @levelazn Місяць тому

      ​@@jiahan3849economics 101 says chinese economy is growing faster than the u.s

    • @hasinabegum1038
      @hasinabegum1038 Місяць тому

      China is not been a Communist country for 5000 years

    • @MetaView7
      @MetaView7 Місяць тому +5

      @@jiahan3849 Econ 101 has caused a $14 trillion debt. It is on the brink, yet the general public is oblivious to the crisis.

    • @jiahan3849
      @jiahan3849 Місяць тому +2

      @@MetaView7 That is not due to Economics 101. It was due to Biden Economics.

  • @wisl8122
    @wisl8122 Місяць тому +5

    “Whatever your enemy vehemently opposes is exactly what you must do.” - Mao

  • @isaackys
    @isaackys Місяць тому +5

    China needs a lot more of these bigots on CNBC.

  • @MLJclassics
    @MLJclassics Місяць тому +5

    media is just so out of depth…

  • @pavlinpetkov8984
    @pavlinpetkov8984 Місяць тому +67

    China is doing well but the USA does not like how they are preventing colonisation by the west... It is always funny to listen to the us news and comments.

    • @hillerm
      @hillerm Місяць тому

      It’s always funny how useful idiots defend dictators.

    • @Jcp379
      @Jcp379 Місяць тому +5

      Yes they are doing so well that all of their major property developers are underwater and they got caught by researchers at UC inflating their gdp figures.. at least the hang seng outperforms the s&p 500, oh wait?

    • @chrislee5685
      @chrislee5685 Місяць тому +12

      @@Jcp379 Then why need to complain just let China be then.

    • @pavlinpetkov8984
      @pavlinpetkov8984 Місяць тому +10

      @Jcp379 Lehman Brothers... Printing money. Debt. Reserve currency

    • @jakew5987
      @jakew5987 Місяць тому +9

      @@Jcp379 so why worry about China? Let it grow on its own, if it fail, it fails, why does it concern you when you wish China to fail so badly. Isn't that a bit contradictory by trying to be supportive of two contradicting issues. This is a trait shared by so many people in the West. On one hand, you want to be the compassionate person who cares about China's wellbeing, and other hand, you want to be the indifferent person who only wants China to fail, so what's your point? Are people in the West double faced?

  • @garyleow70
    @garyleow70 Місяць тому +31

    there are different routes to economic development and stability, or alternative solutions to economic stagnation. look yourself in the mirror before critiquing others or prescribing your American way to others.

    • @jacqueslucas8616
      @jacqueslucas8616 Місяць тому

      Wake up….china miracle over….XI is a disaster!

    • @nz9362
      @nz9362 Місяць тому +1

      Freedom vs slavery?

    • @ktchong5800
      @ktchong5800 Місяць тому

      @@nz9362 China has looked at America - and what they see is homeless people everywhere, urban decays and crumbling infrastructure, corporate overlords that control everything and extract rents from people at the expense of the country, the rampant crimes and illegal migrants, the slippery slope of homosexuality and transgenderism and sexual perversions that are being expose to young children in grade schools, the endless foreign wars and occupations, the frequent outbreaks of racial violences, and myriads of social corruptions and perversions that have plagued America.
      China has looked at all that and decided: "This is NOT what we want our country to ever become," and so they decided they do NOT want to become like America. Yet Americans still have the delusions that they are the best (seriously, you really are NOT) and that "freedom" (really?) trumps everything else, (NOT really; that is YOUR value; other cultures and societies do NOT share that value AT ALL.) For all the Americans who want to force all those corruptions and perversions onto China and everyone else, you should GFYS.

  • @MuzMovMix
    @MuzMovMix Місяць тому +3

    Dumping EVs like craps? So Americans can buy expensive craps like Tesla?🤣

  • @whatyousaid1375
    @whatyousaid1375 Місяць тому +13

    Produce cheap & good quality products is a threat to US lol. That’s US new universal economy value - you can’t product cheap & good quality products lol

  • @harryloo8544
    @harryloo8544 Місяць тому +5

    Translation:
    Please make your state are less competent in our attempt to prevent your rise.

  • @harriemeeuwis978
    @harriemeeuwis978 Місяць тому +5

    We'll see if China gets it's 5% Growth this year as they project. And for a large part of the world cheap Chinese products are a blessing.

  • @MinhNguyen-yl6pf
    @MinhNguyen-yl6pf Місяць тому +1

    That is too right the US is in no position to tell anyone what to do

  • @Yarhnam
    @Yarhnam Місяць тому +3

    That's why US spend $350 M for training journalist

  • @benyap6033
    @benyap6033 Місяць тому +3

    Damn. They do look like they are panicking.

  • @michaeljiang960
    @michaeljiang960 Місяць тому +32

    Looks like a meeting of the whining losers. I mean this cnbc discussion.

  • @teogeorge2203
    @teogeorge2203 Місяць тому +4

    So why US just listen and learn from China?

    • @rhyc5349
      @rhyc5349 Місяць тому

      😂😂😂😂😂😂😂😂😂😂😂😂

  • @dorjiwangchuk404
    @dorjiwangchuk404 Місяць тому +2

    Why is China ahead of the us....

  • @xiaozhong5198
    @xiaozhong5198 Місяць тому +2

    translation:
    Please make your industries less competitive just so we had a chance on these new industries too

  • @jensensean7118
    @jensensean7118 Місяць тому +5

    Such silly gossips running a clown show, talking about things they should keep their mouth shut about.

  • @streetman6661
    @streetman6661 Місяць тому +2

    china is not going down the consumer driven economy path. that's really old news. because china doesn't want their economy to be based on debt. the reason they actively poked their property market was because it was a bubble that would have gone too big to contain. now people can buy homes at reasonable price and not worry about paying mortgage every month.

  • @kbl5007
    @kbl5007 Місяць тому +2

    reducing the role of government- meanwhile the Fed kept doing QE that caused worldwide inflation 😅

  • @chenmacro
    @chenmacro Місяць тому +4

    all the companies like Alibaba, Baidu, Tencent, Bytedance (owns Tiktok), Temu, Shein, BYD, Xiaomi, etc. are state owned or private?

    • @doords
      @doords Місяць тому

      They are private. They are B2C companies.

    • @ZweiZwolf
      @ZweiZwolf Місяць тому

      @@doords Exactly!

  • @chanahyingchan5070
    @chanahyingchan5070 Місяць тому +9

    When the Central Government indicates that the economy is going to be Centralized,
    then the business sectors investors should decide how they are going to adapt to this
    announcement. The Chinese Government is not going to change their policy just because
    the expert Western think tank says so. If the Chinese economy is so unpredictable, then don't
    put your money there. No one's forcing you.

  • @Liveforfood9394
    @Liveforfood9394 Місяць тому +2

    We can not change the world, we can only change our thinking!

  • @nicoaguswibiantoro5489
    @nicoaguswibiantoro5489 Місяць тому +2

    246 years old Country teaching 5000 years old Civilization Country

  • @DanielBygrave-zq8qf
    @DanielBygrave-zq8qf Місяць тому +26

    Y would they take advice from a country which has over 34 trillion dollars in debt and counting 🤔

  • @vamoua4036
    @vamoua4036 Місяць тому +2

    Nothing wrong to not adopting US Capitalism. No one forces US to adopt others’ ideas.

  • @CarpsterKing
    @CarpsterKing Місяць тому +3

    If China were to follow what these economic expert's recommendations on how to run the economy of China is suicidal...
    How can US lecture China when US is the biggest debtor country in the whole world... These analyst are so sick when commenting on the economy of China...

  • @zactianne6331
    @zactianne6331 Місяць тому +3

    Let me translate what these 3 "journalists" are saying. US to China: why don't you screw up your economy like we do? Why do you elevate 800 million people out of poverty and not emulate our wealth disparity? Why don't you have your fair share of homeless people, drug pushers & addicts, beggars, criminals, George Santoses & MTGs like we do? Why aren't you interfering with other countries' internal affairs--do you have something against regime changes? All good and sound advice from people who know best, but these Chinese are backwards and will stay that way for a loooong time.

  • @autoerratica
    @autoerratica Місяць тому +1

    Eventually these people are going to have logos on their foreheads.

  • @yooo692
    @yooo692 Місяць тому +3

    Are they just AI?

  • @paytonmcdermott9111
    @paytonmcdermott9111 Місяць тому +8

    "centralizing the economy" is actually good for the economy, in the way china is doing it. They are centralizing regulations and standards which were previously delegated to local governments. This allows for a more uniform business environment across the country.
    This kind of "anti centralism" is what led to a century of financial crisis in the US. We had no central bank because of an ideological fixation on "the individual"

    • @ZweiZwolf
      @ZweiZwolf Місяць тому

      Central (core) functions like banking, telecom, healthcare, energy are all state owned, ensuring stable delivery and high service at low prices.

  • @RichardKing-sx6xc
    @RichardKing-sx6xc Місяць тому +30

    The IMF 😂😅🤣😆

    • @Norwegian733
      @Norwegian733 Місяць тому +2

      China 🤭🥴😂😂

    • @RichardKing-sx6xc
      @RichardKing-sx6xc Місяць тому +3

      @@Norwegian733 *CHYYYNA!!! CHYYYNA!!! CHYYYNA!!!* 😡

  • @yong4265
    @yong4265 Місяць тому +2

    What do they mean "centralizing its economy"? To see if an economy is pro-market, you will have to see if the competition is fully displayed in that market. China is the most competitive market in the world. That's why we have a lot of most competitive products from China. Of course, China will keep its state-owned enterprises, because they can do the jobs left out by private companies. That's why China has the best infrastructure and telecommunications network in the world, which is the envy of the whole world.

    • @ZweiZwolf
      @ZweiZwolf Місяць тому

      China is highly competitive in the consumer space, but the core functions like telecom, energy, transportation are all state-owned.

  • @SadDays-21
    @SadDays-21 Місяць тому +3

    If American imposes heavy tariff on EV from China, but Chinese won't do the same to TSLA?

    • @Nik-ik8mv
      @Nik-ik8mv Місяць тому

      Good. That's what US should want - total decoupling. China needs US companies for their growth, not vice versa. Ever saw Joe Biden or Trump meeting with Chinese executives? Having Elon Musk not under the thumb of CCP is a good thing, not bad.

    • @ZweiZwolf
      @ZweiZwolf Місяць тому

      Chinese Tesla is built in Shanghai, using Chinese batteries, so there isn't much imported stuff to tariff.

    • @buravan1512
      @buravan1512 Місяць тому

      they wont touch TESLA, cause TESLA factory in CHINA serves as a big political and strategic interest for China in terms of image and openness.
      they might stop GM and FORD, though...

  • @mb7626
    @mb7626 Місяць тому +2

    'Because China doesn't think private enterprise provides a solid or reliable enough economic foundation' yeah and they sure seem to be astoundingly correct in that belief, private monopoly capitalism has been delivering terrible results recently. And even before that we need only look at all of the many economic crises we've had in like a single generation, followed by carte blanche bailouts/corporate welfare afterwards.

    • @ZhenYae
      @ZhenYae Місяць тому

      Because the Chinese are not going to lose their country to corporatists the way the West has to the oligarchy class. No way.

  • @jocko4598
    @jocko4598 Місяць тому +21

    American CEOs should come back from China wearing barrels.

  • @Kevin-eg6vg
    @Kevin-eg6vg Місяць тому +4

    This is not capitalism

    • @wanderingquestions7501
      @wanderingquestions7501 Місяць тому

      Neither is the USA. We have no free market and the government runs up debt given money to banks then semis, now banks again. Our Republic is a sham built on lies

  • @klarkewang
    @klarkewang Місяць тому +3

    Dont trust her...guys being fooled all the time by them

  • @hkfoo3333
    @hkfoo3333 Місяць тому +2

    China is about business not confrontation. China's economy will be in for the next huge miracle when their infrastructures are all readied .

    • @ZweiZwolf
      @ZweiZwolf Місяць тому

      China keeps building more infrastructure because it drives consistent, long-term benefits. I don't think they even have an endpoint in mind. If anything, they export even more infrastructure that interoperates with their domestic infrastructure.

  • @juki0h391
    @juki0h391 Місяць тому +1

    China centralizing their economy works for them because they are one big cohesive country. It wouldn't work in the US because everyone is different, they love their "freedoms" they don't care about others, etc.

  • @sculpturestatue
    @sculpturestatue Місяць тому +1

    China and US should work together. It is good for the world. Business people want a stable environment, and China is one of the suitable place for them.

  • @jasonlucas2328
    @jasonlucas2328 Місяць тому +7

    Warren Buffett's still an experienced and skilled investor. He didn't join the herd to China. Instead, he invested big in Tokyo two years ago and is now making great profits.

    • @mrkchee
      @mrkchee Місяць тому +6

      Mr. Buffett has invested in BYD from the beginning, and yes, he is indeed an experienced and skilled investor.

    • @darrenhere5856
      @darrenhere5856 Місяць тому +2

      and he sold out of TSM, because he realizes its only a matter of time before they move on taiwan

    • @fannyalbi9040
      @fannyalbi9040 Місяць тому +1

      because china is not capitalism oriented government

  • @samuelyang1128
    @samuelyang1128 Місяць тому +1

    Why should China worry about these stuff? They can sell their products to Europe, Southeast Asia, South America or Middle East. There’s a lot of places to sell. So that shouldn’t be a problem even if America doesn’t want Chinese products. Unless their companies are mainly exporting to US

  • @hzhu12
    @hzhu12 Місяць тому +2

    I guess its a lot better dumping Mcdonalds that produce garbage food around the world than cheap EVs

  • @wilsonjohnbarker
    @wilsonjohnbarker Місяць тому

    Yes this is a big change of our commerce era. Aluminum, steel, cell-phones and now microchips are now unfeasible, or restricted from sales in China. This next CCP exclusion policy will have effects and later impacts on US exports, US employment.

  • @comentarioscomentar
    @comentarioscomentar Місяць тому

    Hay un pais que...
    Se mete en asuntos internos de absolutamente todos los paises pero no resuelven los de ellos mismos, como el fentanilo y la pobreza...
    Intenta poner palos en la rueda y perjudicar a todo pais que los supere, como lo hace con china...
    Está evitando que paises con mejores avances tecnologicos puedan realizar inversiones en distintas partes del mundo amenazando a los paises receptores de esas inversiones...
    Han intentado detener el gasoducto NORDSTREAM durante años, con sanciones, bloqueos y distintas presiones, muchos años antes del conflicto entre rusia y ucrania, hasta que finalmente lo volaron, ni siquiera les interesó que el pais receptor de ese gas es su propio aliado y ahora han perjudicado toda su economía...
    La investigacion sobre la voladura del gasoducto NORDSTREAM fue detenida inmediatamente, por supuesto tampoco permitieron a rusia, pais constructor, participar de la investigacion...
    Utilizan a otros paises para enfrentar a poderosas potencias militares no aliadas porque ellos no se atreven a enfrentarlos solos, es mas facil mandar a morir a otros y encima venderles armas a que vayan ellos, por eso, siempre van a lo último de todo, tiran 2 misiles y se adjudican la victoria, falsas victorias por supuesto...
    Mismo Pais que controla mas del 90% de los medios de comunicacion de todo el planeta, lo cual es una verdadera invasion propagandistica, no importa que canal o medio mires, leas, o escuches. No importa cuantas veces cambies de canal. Siempre tendrán las mismas narrativas, que ellos son los buenos y todos los demas son malos. Claro que para dar la sensacion de libertad permitirán a algún que otro periodista dar una versión distinta para demostrar una "falsa democracia", es lo que se llama "disidencia controlada"...
    Mismo pais que cuando rusia fue el primer país en crear la vacuna contra el covid (la SPUTNIK) le ordenó a la OMS no aprobarla simplemente porque no la hicieron ellos mismos...
    Mismo pais que hace mas de 20 años se esta "llevando" el petroleo de siria, libia e irak, en este ultimo instaló todo un gobierno completo a sus sevicios, sin mencionar que han invadido ese pais con la mentira de las "armas de destruccion masiva"...
    Es muy importante mencionar que las mismas personas que piden que rusia se retire de ucrania no piensan que otro pais tenga que retirarse primero de siria, libia e irak donde a la vista de todos se llevan el petroleo y que luego rusia le siga en ese comportamiento para ir por orden cronologico...
    Mismo pais que hizo un pacto nuclear con iran y luego rompió el pacto y ademas mató de un bombazo a un general iraní...
    Mismo pais que sanciona a cuba sumiendola en una pobreza absoluta, lo mismo hicieron con venezuela en donde tambien produjeron una terrible migracion ademas de pobreza, de hecho el presidente que hizo eso dijo publicamente "pudimos habernos quedado con todo su petroleo y ahora tenemos que pagarlo", una verdadera locura, sin condena de ningun organismo internacional...
    Mismo pais que se atribuye haber "inventado" todo lo que hay en el mundo y que todos los demás le roban sus cosas y eso claramente no es asi, no son los unicos que saben pensar en el mundo, en otros paises tambien saben pensar, saben sumar, saben matemáticas, saben quimica, saben física, de hecho ya otro pais los ha superado en cantidad de patentes anuales...
    Mismo pais que se adjudica tambien haber inventado el "libre comercio" y eso claramente no es asi, china hace mas de 5 mil años que comercia con europa, y ahora, el nuevo "amigo" de europa con tan solo 250 años de existencia le pide a europa que no comercie con china...
    Muchas personas consideran este escrito como "odio", no simplemente como "la verdad", ellos consideran que no debes decir todo esto aunque sea la verdad, no tienes que decirlo porque sino es odio. Claro que no piensan lo mismo cuando leen cosas totalmente aberrantes que dice la gente sobre china, eso lo consideran totalmente normal y naturalizan que esta bien que se haga. Y por supuesto ni se atreverian escribir que eso se trata de un comentario de "odio"...
    Si hay un conflicto entre rusia y ucrania entonces por que motivo rusia deberia negociar con un tercer pais?, que ni siquiera está en el continente europeo y está al otro lado del oceano...
    Por que motivo intentan crear un conflicto entre China y la provincia china de Taiwan? si ya hay un acuerdo firmado entre todas las partes llamado "politica de una sola china", el cual ha firmado tambien el mismo pais que le entrega armas a taiwan para que tenga una guerra con china...
    Si ya has firmado un acuerdo entonces ya no te metes mas en ese asunto a mas de 12 mil kilometros de distancia fogoneando otro conflicto, debes ocuparte de tu propio pais y dejar el mundo en paz...
    Este mismo pais se atribuye el permiso de calificar a los demas paises de "dictaduras" o "democracias" cuando nadie le otorgó ese derecho, no solo votar es democracia, ademas si detrás de ese voto estan los mismos politicos desde hace 50 años es como si no sirviera de nada, democracia es tambien cuidar a tu poblacion, no permitir drogas, tiroteos, hambre, que viva la gente en la calle, darles seguridad, darles infraestructura, etc...

  • @andreaisonline
    @andreaisonline Місяць тому +1

    I enjoy the financial analyses presented on CNBC, yet I find myself astonished by some of the commentary from certain contributors. Gene Munster's enthusiastic endorsement of Apple fails to mention his recent divestment from the company, while Scott Gottlieb's skepticism towards Neuralink's potential and his questioning of FDA approval seem somewhat overshadowed by his own biases. Here Caruso-Cabrera's criticism of China's offerings of affordable cars and solar panels is so short sighted and biased...

  • @markosmataasii2000
    @markosmataasii2000 Місяць тому

    This is the problem when the economy is now heavily financialized in such a way that asset allocation is now barometer as who's doing well when in fact majority of these are actually paper wealth. Majority of the growth in US when you look at the details are actually driven by increasing paper wealth where only few are benefited such as executives, CEOS of institutional investors and Top 1%. Meanwhile, the wealth of majority of middle class either has decreased or flat line for past decades. What CHINA's growth is not just paper wealth but actually are tangible and real growth, the science & innovation, physical infrastructure that generates productivity and real wealth.

  • @duncankowable
    @duncankowable Місяць тому +2

    Summary of this video: China bad, USA good. Save u the 7 mins the watch.

  • @wayneloht
    @wayneloht Місяць тому +1

    Michelle is terrific

  • @SR-lh4rm
    @SR-lh4rm Місяць тому +3

    Why would they back away from centralizing? A country’s market is its property and it has a responsibility to avoid market chaos to protect its citizens. Markets are not the collective property of participants. They are the property of their chief guarantor - the state. These market ideologues just want chaos where nobody takes responsibility when something goes wrong. Protect your citizens. Nothing else matters.

  • @anikanik7746
    @anikanik7746 Місяць тому

    People whom places are mental hospital, they are sitting in CNBC news room.

  • @stevec6919
    @stevec6919 Місяць тому +2

    We should ask Tesla and GM withdrawal from China market

    • @user-pz6yu4vy8v
      @user-pz6yu4vy8v Місяць тому

      Those companies would immediately go bankrupt if they left china!!!

  • @alikalexander4656
    @alikalexander4656 Місяць тому +15

    Dumping EVs,, hasn’t the us been banging on about the climate disaster 😂 what a load of lies

    • @jacqueslucas8616
      @jacqueslucas8616 Місяць тому

      Joey has been yes…but unless your head up your bum u know ev’s ain’t greeeeeen😂

  • @arthurdayne5559
    @arthurdayne5559 Місяць тому +1

    Cheap affordable quality products from China’s “overcapacity” is a great for most of us, makes all the good stuff and higher quality of life accessible for working class Americans.

    • @ZhenYae
      @ZhenYae Місяць тому

      And the global majority who have been oppressed by the West.

  • @catinbootsnow4267
    @catinbootsnow4267 Місяць тому +3

    The resiliency of the US economy is on full show when the government can do anything to protect the local industry from international competition.
    Forget about free market. 😅

  • @ahsoontan1219
    @ahsoontan1219 Місяць тому +1

    This talkshow is just a charade, why can’t they lived a honest world

  • @victorhuynh4031
    @victorhuynh4031 Місяць тому +1

    China industrial scale 10x of the US therefore US can ever compete with China in a world trade for any meaningful way. This time China did not accept US term and condition with the US promote trade rule and implementations for the US run private enterprise to dominate China economy within China territory. China will follow US line cooperation as they must and confrontation as they come.

  • @pt20829
    @pt20829 Місяць тому

    When China exports affordable refrigerators, toys, furniture, boilers, medicine, aircraft parts, laptops …. US doesn’t call that dumping.

  • @RedEyeFish1
    @RedEyeFish1 Місяць тому

    Without China production ...Inflation around the world would go thru the Roof....and we are starting to see that in the West with all those tariffs and sanctions...Everything would be Super Expensive with more tariffs for the next 10 years or more...CEO number one priority is share holders...

  • @ryanthyag2723
    @ryanthyag2723 Місяць тому

    Japan to China to India to ….. list goes on!

  • @minchen5187
    @minchen5187 Місяць тому +7

    Toooo late US

  • @SimonSeow
    @SimonSeow Місяць тому

    Guess who is flying to Beijing to meet with Pres. Xi 😂

  • @PD55_
    @PD55_ Місяць тому

    I can't understand why Xi does not just do whatever Yellen wants.

  • @user-yn3zx1ms4w
    @user-yn3zx1ms4w Місяць тому

    Pay 100k or pay 20k?

  • @user-xh3eg2tf2y
    @user-xh3eg2tf2y Місяць тому

    america really wish they have those ability to centralize their economy but they have alrealy lose those ability years ago.

  • @dfv671
    @dfv671 Місяць тому

    Wondering why we have high inflation?

  • @sculpturestatue
    @sculpturestatue Місяць тому

    market oriented,.