How did China go from POVERTY to becoming a GLOBAL SUPERPOWER? : China Growth case study
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- Опубліковано 8 гру 2022
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VIDEO INTRODUCTION: We all know China as one of the most powerful countries in the world, and it is so so hard to believe that a country that is known today as the second largest economy in the world with a 12 Trillion dollar GDP, just 45 years back, the same country was crippling with a 60% poverty rate!! While one side, today we see china as a futuristic solar and electric pioneer, the same country in the 1970s, was so backward that Chinese knew nothing but farming and that too during the peak of industrialisation! and lastly, While one side we see this glamorous Sky line of shanghai, its so hard to visualise that country had such a bad economy that millions of people died due to starvation!!
So the question is, what exactly happened from 1978-2018 that China went being an impoverished country to becoming a global super power?
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This is a must for every Indian Citizen, please watch and leave your thoughts under this comment.
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China focusses more on stem and not on woke stuff
Think school Is an way to Teach , Educate and Train Common man of India about India ! 🇮🇳🔥🔥❤️
Democratic republic of Congo and Republic of Congo are two different countries.
Brother can u start using hindi subtitles so the now generations as well as our parents can know about this. Please I want to Show this to my father so bad.
At the rate our currency keeps depreciating, India might never catch up with China. Meanwhile China's currency keeps appreciating.
Also this video doesnt talk about the risks of China's investments.
For example,
Betting big on Solar and EV back in 2005/2007 could have also turned into a disaster. At that time Middle East and Russia were pumping more oil than ever & many were predicting that oil would only get cheaper.
If Europe and US had not tightened the carbon emission regulations then we may have never seen solar and EVs become this popular.
Companies only care about profit, even today big banks such JP Morgan and GoldmanSachs invest 10 times more on Fossil fuels compared to renewable.
" _If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people_ " - Chinese Proverb
But India education system is a garbage so what can we expect from it.
These sage words must be put on every road crossing !! Perhaps people might CHANGE in their thinking!!!💯👏💥
This made me Goosebumps 🙌🙌🙌
But if you want to keep ruling, don’t educate them, divide them into pieces. 🫣
The most important leverage China has over India is that, China is a one party country whereas India is a vibrant democracy. So, its easy for them to implement something and to react, without thinking of nothing.
The basic problem with India 🇮🇳 is that here the time period between an idea and it's implementation is so huge that sometimes current affairs becomes history till that idea gets implemented.
Damn you are on point man
One of the very big limitations of Democracy, they 1st discuss if it's good to everyone and until it's decided, the opportunity is gone
@@lucifermorningstar8469 plus Democracy when people got the idea was good, it will never took it seriously or that "Good idea" of his was a joke without even trying it.
To pas a bill you have to satisfy everyone.
If not it will end up like farm bill.
Such a very good bill. Sidelined due to rich farmers and brokers from Punjab
You have diversity
And democracy
This is the most complex thing which any nation can have. Democracy may work for less diversified countries.
But in india democracy is complete chaos.
In the name of free speech. Each section of people are trying to create nuisance.
I think the basic difference Democracy. We Indians do not deserve so much freedom
It's very rare an Indian gives a true and positive view on China
Its rare that we open our eyes to the truth...
What a difference between this guy and the propagandist woman!
@@PointduNord This man is no one , Palki Sharma is beautiful and sexy .
@@cashcash5995palki is propagandist😂😂😂
@@PointduNordPalkiiiii😅😅😅😅 true
I'm neither Chinese nor Indian.
But I'm extremely happy to see that you are looking at the Chinese experiment with an open eye to learn from.
China sets a clear example that if a country and its leadership have their minds set on getting out of poverty and working to improve their people's lives they will succeed. They have also be vigilant not to let the colonial powers interfere in their internal affairs and cause division and chaos.
The west is currently flirting with India to counter China, while in reality they despise both and they have a bloody history dealing with both. They look at China & India with despise and superiority. But if China & India show some real potential then they will consider them a threat and start smearing them with false accusations to make them look evil.
I hope India will succeed and bring more stabilization to this world as much as China will do.
When the colonial powers find their real match they will start to behave in a civil way, not because they want to, but because they have to.
You're absolutely right 👍
👏👏👏
The chalkies are pissed off for losing their handle of the whips.
Lol
That last one is too good to say, bullies don't dare interact with the strong in an uncivilized way. If you are weak, usually they will appear in front of you as arrogant givers and judge you.
*“In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.”* - Confucius
True
"a..aa...aachhuuu"
- Confucius
India was well governed, Right?
@@sho_k1 "🤣🤣🤣"---Confucius
Lemme check the stats 👨💻, which country has more poverty, China or India.
I studied medicine in china. During our first year, we had to learn chinese and believe me our teacher was so so good. In one of her classes she told us how her childhood was. Food was not there for anyone. If they want to eat meats they used to wait for months. And thats how they felt ok with any meat. Today in her sixties she is retired and is doing world tour. Currently she is in europe. I see her having fun. But she used to tell us that these are effort of one full generation. The generation full of misery. Now they are happy ❤❤❤
They r not happy if they r happy why she lives in Europe because they know anything can happen in china
👌
Kab padha bhai? Yr
It's because their govt was right with right decision
Could you please let me know your great teacher name
I do not think it is possible for such rapid economic development in a democracy. There are just too many hurdles and too many people to agree with for anything. I truly believe if China was democratic they wouldn't even be close to what we see them today
The thing is China has its own democratic system (not that it's perfect and not facing any challenges), and different from the universal suffrage system the Western world founded over 300 years ago, China's political system was founded to ensure that everyone's welfare should be tended to, rather than the benefit the party represents.
If you really look into the system, you will be awed by the effort the Chinese have put into building such a sophisticated system that pursues both democracy and the nation's development in the long term. The balance is hard to achieve, and they also went a long way to prevent corruption caused by concentrated power.
But after all, the first priority for less developed countries is always stability and economic development. In China, many people just feel sad for India because they wasted all their efforts in arguing with each other rather than being united and making actual progress, and many believe it's a trap the Western world has led India into to keep the country in poverty so it can provide cheap labor for the first world to squander and make profits, and it also prolongs the progress of India becoming a regional superpower, thus one less imminent competitor to threaten their throne.
I wish for the 1.4 billion people in India will have a better future, but the way of resuscitation is always paved with much risk and hardship, hope the Indians find the right way towards it.
@@piechen4193 You have explained it so well !! I totally respect China's way of looking at things.
More and more people are seeing through the true nature of Western democratic systems, which are not truly democratic at all. With just a few political parties competing against each other, and a change in leadership every few years, there's no continuity in policies, and no one is held accountable for failures. How can a country develop successfully under such conditions?
@@true_chels Bhuddadev Bhattacharyya tried to do the same reforms in West Bengal, but as a result the world longest serving democratically elected communist government collapsed under him , so its not that simple in a democracy
I am a Chinese, from my personal point of view there are too many obstacles to India's development.
1, the tax rate is not uniform among the states within India.
2, a series of conflicts derived from religious conflicts in India.
3、Improper talent training system, such as universal basic education, vocational training system.
4、Improper infrastructure, such as: water, electricity, transportation and logistics, these are the main components of the business environment.
5, Caste system, although the caste system has been abolished, but the caste system still exists in the poor areas of India.
6, India's current laws are still not out of the British colonial period refers to the formulation of the legal vein.
7, spare parts supply system is not perfect, which is to reduce the cost of manpower, time and resources for investors.
8, the security environment, I remember often see the news, the Chinese factories invested in India were smashed.
9, the instability and inconsistency of government policies, if the government often modify the policies related to foreign investment, then it is also risky for investors. Inconsistency refers to the inconsistency of policies among states within India, which can cause great problems for investors.
This is just my personal idea, not the general idea of Chinese people.
you are right
You are the only UA-camr who actually shows us the real picture. Other UA-camrs only try to impress the Indian Audience 🙌
Before you judge indian audience, try to see indian voters.
@@bvssrsguntur6338 woh sab toh thik hai lekin Baat yaha pe kya chal rhi hai dekh to le 😂 likes ke liye kuch bhi?
All are modi bhakts.
@@Natanyahu
You got more likes man.
The problem to do anything constructive in India is indian voter. At least come to Telugu states and try to win min seats on constructive agenda. Bjp is lucky to be in power and what India is getting is the best of indian collective voter representation.
Real picture is not what this guy is showing....real picture is dealing with democracy and processes in India which even Modi is unable to change
@@rohitkm1477 lmao fakest UA-camr is dhruv rathee isme bi modi bhakt
China poverty rate at 1980: *80%*
China poverty rate now: *0.6%*
80 % poverty in 1980 , are you sure ?
@@akashpaul4143it was more than 80% ( 88.67% to be more precise)
China 🇨🇳 really did a remarkable job.
@@akashpaul4143 even India's was around 80% in 1980 now it's around 40-45% I think
Imagine india after 40 years😎
@@Tomy_Stank then imagine china after 40 years.
As a Chinese, hope India and China both have a better future. Peace and Love.
Pls tell xi jinping to do so.
@@indianlardka2214 Go listen again what your president said in 2020. Chinese army didn't entered your territory, your soldier step in to theirs. And few hundred of India's soldier beat 4 chinese soldier to death. Is this look like a right thing to you?
@@indianlardka2214 😄😄😄😄 可怜的你
I'm Indonesian and I love all the world and especialy the Asian ❤❤❤
你就别在这种视频底下留言了 印度人根本不喜欢中国人 在这一个劲的冷脸贴热屁股干啥
Being an European I don't hear such excellent analysis in our Western media.Thanks for sharing such wonderful video
很肤浅的分析，只能说西方人活在你们权贵统治阶级给你们编织的世界，一个楚门的世界，充满谎言虚假的世界
We Indians anything will possible
BUT SIR MY INDIA IS THE REAL SUPERPOWER ! WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🇮🇳🤗 THIS WHY IM SO LUCKY LIVE IN SUPER INDIA WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
@@indiasuperclean6969 agree with you, love from china🤣🤣🤣
@@abipradeep3297 really
This must be the most positive explanation on the rise of China from our Indian channel . We have to appreciate and learn so much from China. It's amazing how China which was sliced into many parts under the imperialism of Germany, France, England, USA and Japan imperialist were treated like slaves got their independence and rise silently.
People don't expect such rapid growth and development. But look at China how they've successfully launched space stations independently without the help of any so-called developed countries and USA. Look at the trade, commercial and economic partnerships around the world from Asia and, Africa to South America. Look at the technology they've built for infrastructure and 5g network which by the way the USA doesn't have yet.
True....
LOL It's bcos they can't hide it anymore, before this india mocks Chinese all the time. China is way too powerful even US has admitted China is bigger than us now
After the British launched the Opium War, China was a semi-colony with its economy colonized, and India was a complete colony(of course, the British also invested in India for their benefit, and India was not devastated by the long war.). China has been fighting, from the end of the Qing Dynasty to the warlord melee, from the Anti-Japanese War to the Liberation War. The Chinese have never regarded the colonial empire as a friend. The first sentence of the Chinese national anthem: Arise, people who are not slaves.
You have some misunderstanding of history of China. China had not claimed independence from anybody, it is always an independent country. In 1949, the current China, People's Republic of China, was established. At the same time, the old China, Republic of China, retreated to and settled down in Taiwan till today.
@MuMu 😂😂 we Chinese called it "make money secretly and silently and don't let others notice you😅
Being an European I don't hear such excellent analysis in our Western media.Thanks for sharing such wonderful video!🥰👍👏
Regret to inform you that the level of journalism in the West, if one could even term it that, is so dismal and depraved now that the true journalists are now sidelined and castigated.
Agree. I feel that our media here in Europe is more about storytelling rather than news reporting. I need to read a few news sources just to get a fuller picture of a "news item".
@@pensieri2596 western media has gone full-scale ideological and narrow minded
I feel pity for the West. They are constantly being fed lies.
@@naveenviswam : Our Western society is afraid of rising China, India and rest of Asia.
Very well research talk on the topic especially when you mentioned the special economic zone which is hardly mentioned by most other talks. Even many talks on the 'Economics of China' left that very important chapter of China's growth starting from the special economic zone out of their talks. People talked about how China's high speed rail lost money which to them is kinda stupid. But we now know how far the Chinese looked ahead. This is the scary part of China, they planned very far ahead, incurring initial losses but talking the whole world subsequently. China's high speed rail had speed up China's growth further which cannot be accounted for by the losses that they incurred on just the rail itself while the Chinese enjoyed a stable and high speed travelling in comfort which also speed up the development. China's high speed rail is some of the best in the world with the expertise they gain after they had built such a massive high-speed rail infrastructure.
China is also investing heavily in software, Robotics & AI, Space Research, Aviation apart from High-speed Rail. A video on these sectors will be great.
nonono
By the time India realizes and begins investing on it. It will be too late. The rest of the major nations would have already established off world bases or colonies in space.
If China became #1 superpower in the world it would be the first time in 500 years that a *non-western country* has become a superpower. All the best China. 🇮🇳❤🇨🇳
Before the rise of England, Portugal, Spaniards, and Rome.... China was the MIDDLE KINGDOM.
China was peaceful, exporting silk, porcelain, tea
Then the UK brought in Opium to destroy China with their guns.
Group of Eight nations including Japan came to China and plunder, set fire to the Chinese capitol, and killed many Chinese.
When China was Rich, it never invaded foreign nations, When China had thousands of fleet, it never conquered Africa or South East Asia.
In the old days,china was the world's superpower and the mongols was also once a world's superpower.
As a Japanese I support a non western country becoming more powerful but my fear is they'll steal Japanese territory. Same thing for most Indians.
If China was friendlier to Asian countries they might already be a superpower
@कद्दू but they failed to invade india💀
@@SanatanDharmaOnly108 and China's not interested and never invade another country.
That makes sense! But as a Chinese, I need to add that there is a saying in China that "one bite cannot make a fat man". In fact, China was isolated by the Western world during the Mao Zedong era. During this period, China established an independent and complete industrial system, so This was the basis for economic take-off in the Deng Xiaoping era.
deng xiaoping of china and lee kuan yew of singapore are two of asia's greatest leaders in my opinion i wish india could one day have such a leader 👍
But in China, UA-cam is banned 🙄🙄
@@asthagoswami4713 VPN
@@asthagoswami4713 it’s important for your life ?That is funny.because you are very care about what makes you feeling good,but what is real!You need to read philosophy to rebuild your mind,so that your brain will not easily to be washed,then you could know weather reach to UA-cam is not important
Especially heavy industries like mining, steelmaking, petrochemicals, and heavy machinery. These industries are crucial for building infrastructures and providing raw materials for the manufacturing companies. Moreover China's illiteracy rate decreased significantly during the Mao era.
I am a Chinese person born in 1980. I have witnessed China’s rapid development over the past forty years. Let me share my thoughts. China was a poor country that needed to develop. The government had to develop long-term plans and execute them steadfastly. Regarding work and overtime, we are not on the same platform as developed Western countries. To reduce the gap, the only solution is diligent work. My mother is 70 years old and she is still working hard. Although I want her to stop, the work ethic runs through her veins, to create wealth. I hope that the Chinese and Indian people can become friendly nations and create an Asian century.
Nice video. Although the video mentioned a lot that contribute to the rapid development like open door policy and futuristic vision, I will add 3 even more fundamental factors.
1) Industrialization. China was literally an agricultural society after WW2. Mao realized that industrialization is the only way that can make the country strong. They fought with America in Korea, and in return, they got a lot of heavy industry from the USSR. That gives China a good preparation of fast development.
2) Education. After WW2, the illiteracy was estimated to more than 80%. Reducing illiteracy was one of the major goal for CPC. In 2000, this number reduced to 7%. Now it is 3%. A lot of well educated people is key to the country development.
3) One party governance. No endless debate, instead a lot of long term planning. High speed rail network, road and belt initiative, as well as the preparation of EV industry, none of them are possible if the leader needs to focus on the election in 4 years.
补充对印度特别有用的 4 人人平等（打到特权阶级，包括妇女解放），宗教信仰自由（但宗教不能干预政治，这一点尤为重要，所以中国的宗教领袖在政协里有一席之地，给你说话的权利但不能主政）
Today, India stands on that position where China stood 30 years ago. Though our old governments had done mistakes , we should step forward not criticizing them but learning from their mistakes.
India has two problem religious extremism and Corruption in politics china on the other hand has dictatorship they hang every corrupt politicians more than 300 Ministers were given death sentence in last 10 years in China can india do that?
@@javaidnasir6633 religious extremism ??
Look who is talking about extremism who are bombing all over the world in the name of religion to get 72 virgin pussies in prostitution house and call us Kaafirs ( infidels ) who chant Sarve Bhavantu sukhina & Vasudhev Katumbhakam .
@@javaidnasir6633 just look at what china did with their muslims. That's called religious extremism. You've got all the freedom to behead people in the name of religion and make run of others. So don't you dare to talk this nonsense. Without you it would have been million times better for india.
NOT 30 YEARS , but we are roughly 15 years behind china in terms of economy , military , HDI etc
No study material
China's development began in 1949, with the establishment of an industrial base and management system from 1949 to 1976, medium-speed development from 1976 to 1996, and rapid development from 1996 to 2018.
Thank you for this quite fair analysis. I know there is currently much division between India and China, but I hope India continues to rise and in the future increase cooperation between the two countries. For thousands of years, the Chinese and Indian civilizations were powerful and on friendly terms. I hope this is the case again soon.
It is a pity that Sino-Indian relations will not be good for a long time to come.
Because India's internal problems are too complex, Indian politicians are likely to use external contradictions to divert domestic contradictions, thus achieving some unity within the country.
For example, in China, there is less negative news from India, and Chinese people pay less attention to India, but in India, there is plenty of negative news about China.
BUT SIR MY INDIA IS THE REAL SUPERPOWER ! WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🇮🇳🤗 THIS WHY IM SO LUCKY LIVE IN SUPER INDIA WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
@@indiasuperclean6969 O(∩_∩)O哈哈哈~
@@indiasuperclean6969hahahahaha..fanny😅
@@indiasuperclean6969 You were our teachers, I expect you will also be in the future.
A must watch video for Indian who feel happy by comparing with Pakistan but actually we should be comparing with china I know china is a lot more ahead than india but we should be hopeful that india and china become friends and improve cooperation
China will never become true friend of India, they are still in the mindset that India is against china because we gave refuge to Dalai Lama. They are going to use Pakistan as a tool to contain and beat us. India should do everything to improve it's economy and confront china in the future or else we will become a puppet state of china in the future
Yeah compare with China where people don’t even have freedom to speak anything 😂 ,all those roads and infrastructure won’t replace basic human freedom
agree, begin with not listen to mainstream or wion talk about China.. they are ignorant bias when talk about China, then cooperation and learn from China, just like Vietnam..
@@lmyunxlee2005 Cooperation with CCP,never china has already proven it wrong in 1962
@@lmyunxlee2005 CCP is an expansionist filth.. can never be trusted.
Thank you for sharing, as it is a rare thing to face one's own shortcomings and learn from others' strengths. In fact, China is not a Soviet-style communism; I believe the West has been deceived by the term "communism." China's system has two significant advantages: self-correction and meritocracy. We don't believe that a one-person-one-vote system is a true democratic system. Chinas system is far more advanced: elect+select, we are a bottom-up society, If you have the ability, you could reach the position of the President of China through a series of selections, before being elected as the President of China, Xi Jinping served as the top leader in many provinces and cities, overseeing a population of over 100 million people. That’s why we will never have a layman as our leader, for example trump
As an outsider of india, i can't say what india should do internally but externally: please initiate good relation with china , don't let westerners play the divide and conquer game with asians AGAIN.
India wanted but CCP don't it, CCP sees India as their adversary
Well said bro, me as a outsider as well…play the game that would benefit both to themselves.
Actually, you don't even understand geopolitics and economics
Excuse me? Why should we be nice if they will continue being trash to us? I'd much rather we get Tibet back.
@@obergruppenfuhrer- yes sir
They did everything they could on Ground level while india's policy is only seen on paper.. That's the difference which made them superpower.. Moreover they support talent.. Its wrong if we only criticize them and don't learn anything from them
I think what India needs most is not to learn from China after 1978, but from China between 1949 and 1978, which was a very painful and difficult period for China, but laid the necessary foundation for its development after 1978. India needs a radical land reform and cultural revolution like China did but drawing on some of the serious mistakes China made.
I watched the first three minutes of your video, and I already know that you have no idea why China is what it is, and you have no idea what the basis of China's economic development is. Let me tell you that the first thing India needs is not Deng Xiaoping, but Mao Zedong, who you have always regarded as a murderer. If India does not have a leader like Mao Zedong to carry out a thorough land revolution and cultural revolution, India will not be able to change. If you cannot learn to respect Mao Zedong, you will never be able to understand why China began to develop rapidly after 1978. Deng Xiaoping's economic theory was based on the land revolution and cultural revolution in Mao Zedong's era. It's useless to give you 100 Deng Xiaopings if India doesn't solve its own land and culture problems.
你是对的！这就是天安门上挂的是毛泽东肖像，人民币上印的也是毛泽东而不是邓小平的原因。从根本上改变中国的是毛泽东，他完成了一个从半殖民地半封建国家向独立自主自力更生国家的完美过渡，尽管这个过渡非常暴力甚至血腥，这就像中国人永远记得秦始皇一样，赞赏他的书同文车同轨和他的万里长城以及兵马俑（至于当时的暴政带来的负面影响往往忽略），历史铭记着进步
@@vikiyao
I’m amazed you’re one of the few to appreciate Mao’s role in China’s rise .
Few understand the massive problems hobbling china during the SunYatSen years….which roughly what India is kinda facing now.
So you are spot on…..what India needs now is a MaoZeDong.
But an important side note: not to glorify MaoZeDong
MaoZeDong generally did many things for his own personal reasons ( actually very cruel and unreasonable by modern standards)but inadvertently they turn out to be good for China .
@@mr.cosmos5199 Most Chinese people think that the greatest person in modern China is Mao Zedong. He liberated the Chinese people. If India wants to be like China, it lacks two people, one is Qin Shi Huang (for example, truly unifying the language and writing of India), and the other is Mao Zedong (for example, abolishing the caste system).
I love China! Every day my love, respect, and admiration for China grows!
I work for the US company and my role is to identify supplier which offers best features & low cost so that we can reduce production cost to develop machines in USA & Europe. And guess what ??? it's always China which has solution for all products. They have huge stock , low price and extremely quick support. The suppliers of China give there best so that the client is fully satisfied. I also check my Indian supplier and I always face issue. First thing is I always have to call and inform supplier that I have send you a mail please check else no one ever replies . Vendors are so satisfied with existing clients that they don't efforts to grow there buisness. I always struggle and feel bad that our Indian mindset is not to explore new opportunities.
Which US company??
很喜欢印度 希望可以和你做朋友
Great video 🙏 India and China used to be the World's top countries before European Colonizers pillaged the World two centuries ago. China's achievement is to regain her rightful place as she once held! I sincerely wish India and China would settle their differences and cooperate with each other to become the leading countries in Asia and beyond !
David Chung...India should fight China to the last Indian. How do you like that? Fck your sincerity
@@HaryD12188 ...You guys still need wood and oxygen? Pretty sure China can make them scarce for you guys.
@@thewishmastur no dude. People's republic of Corona is bleeding coz of all ban and boycott it is facing in India. Peddle your coronese agenda elsewhere.
@@thewishmastur Thank u very much for your uncivilised use of words which put shame to your otherwise civilised country!
You are acting like not every civilization was doing the same on that era. Difference is that the Europeans were able to exploit it to their fullest abilities.
Go cry us a river 🤣🤣🤣
According to certain economists, it's possible that the U.S. and certain parts of Europe, China might experience a recession at some point in 2023.
Things are getting dicey, but technically crypto has already taken a high rate in the financial markets.
@Steuern MitKopf Yeah, the SVB situation is a reminder that Fed hikes are having an effect. Even if the economy has held up so far," It's precisely at times like these that investors need to be on guard against the next certainty. You don't have to act on every forecast, hence i will suggest you get yourself a financial-advisor.
@Steuern MitKopf Wealth is created by proper investment.
@@thomasnorris7285 I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment...
@Steuern MitKopf Credits to Mrs Debbie Pattinson, one of the best portfolio managers out there. she's well known, you should look her up...
You have captured the essence of how China managed to climb from a dirt poor, despised, economically & militarily weak nation some 43 years ago to where they are today. Also, having a government who have the nation best interest at heart helps as they do everything for their nation and population with long term planning and goals.
India had and still has every opportunity to be just as successful as China, but the system of government really needs a complete revamp and to somehow breaks away from the control of the very rich & powerful.
We Indians need to learn so much from China & Chinese people! They are so practical & rational people! Also the way they are leading & progressing their country is so mind-blowing.... We need to implement their model in our India!
Beleive me their society is just like us in real life.. They have same family-cultural values like us Indians! It's just that we are looking at them from western lenses! Wish we can learn many things from them to make India more strong
why do you lie? i mean i dont know about indians in india but here in canada, my peers who are indians are very well mannered, educated and hard working. In fact, when i was attending my master degree, 30% of my classmates are indians.
@@ftu2021 If only these Indians have the conviction to go back to help build the motherland.
@@lawrenceng2271 .. There is your problem.
Tell me, why can't Indians and Chinese get along? Why do Indians get so jealous of the Chinese? Why do Indians have to join the QUAD to fight along its closest neighbor?
Every other neighbors, Pakistan, Vietnam, Russia, Nepal, Mongolia do not have problems like that of India. Not Korea and not Japan. But India.
@@athenaqilin8354 it's exactly the other way around, why China have to attack India first in 1962, take akasai chin under its control, keep violating at LAC, sticking to an expansionism policy to distract their people from failures and being a threat to ALL of their neighbours, especially Bhutan, Nepal, Vietnam, Japan and India, leaves India with no other option.
Im Indian and proud of our Chinese Asian brothers. We should learn from this great people and country.
Kia hava nikalki bete 😂😂. 🇨🇳💪🏼💪🏼. 🇮🇳🏃♂️🏃♂️🏃♂️😂😂
@@mohammedrasul7639 India China se friendship badhayega, Pakistan India se friendship badhayega. Tabhi this Asian region will be prosperous. Uncle Sam k baato mein mat aana. War Chodo na Yaar.
@@subasthapa4839 ye bate hamare samj main ate hain. Lekan majority of indians ke samj main nahi ate yar.
@@mohammedrasul7639 I agree
@@subasthapa4839 chalo kuch bat par toa hum agree hoi. I agree with u too china Pakistan India Turkey Iran Russia 💪🏼💪🏼. Or safeed rang se door. Lekun muslim hindu main nafrut bohot ziada hochoke hain yar
The thing is China has its own democratic system (not that it's perfect and not facing any challenges), and different from the universal suffrage system the Western world founded over 300 years ago, China's political system was founded to ensure that everyone's welfare should be tended to, rather than the benefit the party represents.
If you really look into the system, you will be awed by the effort the Chinese have put into building such a sophisticated system that pursues both democracy and the nation's development in the long term. The balance is hard to achieve, and they also went a long way to prevent corruption caused by concentrated power.
But after all, the first priority for less developed countries is always stability and economic development. In China, many people just feel sad for India because they wasted all their efforts in arguing with each other rather than being united and making actual progress, and many believe it's a trap the Western world has led India into to keep the country in poverty so it can provide cheap labor for the first world to squander and make profits, and it also prolongs the progress of India becoming a regional superpower, thus one less imminent competitor to threaten their throne.
I wish for the 1.4 billion people in India will have a better future, but the way of resuscitation is always paved with much risk and hardship, hope the Indians find the right way towards it.
You did not mention their education policy. That is generally the starting point. Cheap labor is nothing if unskilled.
India will definitely be facing the challenges China is facing now. But most important thing for India is to become what China is now. You're a good example that India also paid efforts to educate people. One thing I'd like to mention, as a Chinese living in Shanghai, is that one country can't develop to a big power (not to mention superpower) in the western system if this country is over 200 million people. All the large developing countries, like India, Indonesia, Brazil, should build up sort of independent system to get out of the control of western system. This includes building your own technology, medium, business model, geographical vision, self confidence about your own language, culture, life style, world view, etc...break stereotype and start to be real independent.
As an Indian... I totally agree with you👍🏼
For nations like with population over २०० Million it's just impossible to develope with "wester democratic" system of governance... Wish we can implement Chinese model in our country! I know it's very hard but atleast we can learn few thing from you guys!
Hope peace prevails between two ancient civilization🇮🇳🇨🇳
This is new Idea to me, being independent from all things western, good idea.
@@MissSassylet Hindi be a scientific language, the West cannot simply take away what Hindi scientists develop
You're desi 😂
我们没兴趣挑战任何人，包括美国，我们只想好好的发展，让人民过上好日子
This channel is refreshingly unique in its willingness to focus on what India can learn from China rather than focus on the enmity between India and China.
China and India are both great civilization states. Don't let USA cause a wedge.
In the last century, the conflict between China and India was mainly caused by Britain, and now it is the United States that dominates the conflict between China and India
@@generalyoutubewatching5286 India will be "controlled" by the US. China won't. The Indian psyche has an inability to think objectively and clearly without giving in to emotional outbursts. They lack the ability to see into the future. They lack the political will and stability to execute any good ideas swiftly and effectively and to stay the course for the longer term. Many things need time to see the changes take effect.
Until this changes, India will never achieve what China has.
There's a big difference between China and India. The Chinese welcome foreign investment. They will be satisfied if they can get 5% of the profit and let the foreign companies to get the lion's share. In Indian, it's totally different: The Indian's phylosophy is that I must earn 100%. If you earn as little as 5% I will beocme sleepless. Recent case of India freezing $670M of Xiaomi's bank assets is just an example. After many years of negative profit, Xiaomin India finally started to get profit. This must have upset many Indian people. So the big blow to Xiaomi is not a surprise.
The main difference between China and India is their mindset. When China start to reform their economy in the eighties, they are pragmatic enough to admit their massive failures n r willing to learn from those countries which have succeeded while India refused to accept reality that they r falling far behind n continue to remain in denial n delusion to this day
China just sounded better on its tech industry and markets. Assuming US-China geopolitical events do not deteriorate. I make a long-term wealth building bet on BABA.
Yes, good conversation. 2022 will definitely be a rollercoaster ride. Stock valuations are at all-time highs while we grapple with the threat of inflation, rising interest rates, and supply chain and productivity issues. Something will have to give. I think it will be the markets that will have to correct. How much and when - who knows. Reason has not prevailed in this bear market and I suspect it will not prevail in a correction/crash.
I hope everyone has their money ready to get in at the right time. Secure your financial future with calculated steps. The stock market still remains your best chance at becoming a millionaire.
@@84gaynor It's time to make great value plays with dividend stocks! I have added to my positions from DCA every other month. Thanks to my Financial Advisor "LISA ELLEN SHAW" I have made over a million from good blue chip company stocks, ETFs & index funds.
@@MatthewVinson Can you provide her contact info? i want to go in for a long term into a well diversified fund.
@@kashkat987 It can be discouraging, especially if you are not professionally managed, still check for her webpage on the net using her full name.
Thank you for this very comprehensive analysis. I am saying this not just because you project a positive light on China, but most importantly, you are pointing out the fact many China critics try to avoid knowing. Invariably they would suggest it was because the Chines government controls everything, and of course, slave labour.
China's lesson is something India could use. However, India being the largest democracy in the world also suffers because of it. Why? Too many people pulling in many directions, and political expediency. China's political system is constantly a talking point of many China critics. No political freedom. Too much government control. Political oppression, etc. The list is long.
But what these critics don't realize is that it is exactly because of the centralized control that makes China what it is today. It provided stability, certainty, consistency, and most importantly, long term vision. Yes, vision. The example of solar panels and cobalt mining are but some of them China had set their long term goals. It is no co-incident that those goals are now bearing fruits.
But being visionary is one thing, we mustn't forget the ancient history of China. Chinese culture is long, just like the Indian culture. China had endured many ups and downs, but it always recovers. But why? Because of its cultural roots. Chinese people, as I know better than many, are resilient. We always recover and don't run off and hide and complain in times of adversities.
Am I rating my own people too highly? Maybe. But I know for a fact that Chinese rate education as the most important of all, even more important than food and water. My parents told me that "...Education stays with me wherever I go." Besides education, Chinese people rates hard work and loyalty as the next on top of list. Of course respect to elders.
One of the tiny moment many people missed during the current visit to Saudi Arabia is how respectful President Xi treated King Salman. He knew the king has difficulty to standup after the signing of the documents. Xi took the trouble to get up, personally delivered it to the king. This shows he lowers himself in front of the king, and he cares for the king's advanced age. That is something America and the west could never grasp.
China is more than just trades. It is about relationship, long term enduring relationship, not the kind..."what can you do for me" kind. The 50 year contract show China and Saudi Arabia trust each other long before the current generation die.
I have been thinking what are the major distinctions between China and America. I formed the opinion that America, while being a superpower in many ways, is but a "phenomenon". America doesn't have the kind of culture like India, China, the Middle East, Jewish, Europe and Russia, and of course the many ancient natives. America is built on a potpourri of cultures. Could and would America outlast China, India and others? Time will tell.
Well said.
All these currently existing empire/nation states will dissolve into the earth like a giant etch-a-sketch. In Dust(they) Try.
I hope Indians and chinese think much more rationally about their positions and try to leverage what's best for both of us, but the sad part is India is heavily manipulated by western media that doesn't allow one to develop your own mindset.
@@prometheansujith5017 Thank you for your thoughtful comments. I grew up with Indian kids, and went to school with them. Sadly for me, I got beaten by a couple of very clever Indian school mates time and again. But they totally deserved the honour because not only they are intelligent, they work hard at it as well. One of the shared quality between Indian people and the Chinese people are, as I said earlier, their appreciation for education, and not afraid of hard work.
I believe that as time progresses, India and China would understand it is better to get along, than to fight. I say this because China had much to learn from India in ancient times. As for the western media and western governments, it is in their nature to divide and conquer. That is how they get to be where they are right now. Fortunately, people are gradually waking up to this, and adjust accordingly. The new affirmed relationship between Saudi Arabia and China's is proof of my assertion.
@@WalkOverHotCoal they are indians in China also new thing to hear, I hope understanding and discussions would become deeper on both sides, I hope Chinese will bring peace to arab world clearly what America has failed to achieve.
中国是具有五千年历史的文明古国，以礼仪之邦著称，礼仪中最基本的精神就是尊重他人。尊重别人就是尊重自己，尊重不是给予而是收获，是自心慈悲的真诚流露。学佛首先要尊重别人，尊重会产生信任，可以让你的敌人变成你的朋友，学佛学法要用平等心去承认别人的成绩，赞赏他人，尊重他人的人格，社会将会更加稳定，人民更加团结，家庭更加和睦。尊重每一个人，尊老爱幼也是我们学佛人很重要的美德。
During Mao era, China's population and life expectancy both almost doubled, which together with the first round of industrialization laid down the foundation for later rapid development.
I think Green Hydrogen will create next wave of energy revolution that's for sure. Green Hydrogen has potential to decarbonise entire Steel Industry, Auto Industry, Cement and other manufacturing processes as well which will create a wave of adoption down 15-20 years later.
And India is actively pursuing Green Hydrogen on a mission mode.
And rising fossil fuel costs is also making policymakers and businessmen to tend more towards going green and Green Hydrogen will be key for decarbonisation.
I think India will eventually get energy leverage.
Why should it be Green? Hydrogen is hydrogen. No need to ape the Europeans and their nonsense.
@@ramdev9578
Basically Hydrogen can be produced by electrolysis of Water.
Electrolysis can be done by giving power supply.
Power generated from fossil fuels isn't Green Hydrogen.
Green Hydrogen production cost will be way less than Grey or Blue Hydrogen because Fossil Fuels are getting expensive day by day we have to agree that one.
At the same time Cost of Renewable Energy power generation cost is touching new lows every year
In 2022 Cost to generate per KWH power from coal was $110 it was $108 in 2010
Whereas from Wind it was around $25 in 2022 in 2010 it was $200
Solar in 2010 per KWH power generation cost was $350 in 2019 it was $40 in 2022 it's around $11
So generating clean renewable energy is very cheap than generating from fossil fuels these days
So even India is pursuing Green Hydrogen aggressively.
If we don't go with Green Hydrogen then we will be out of race.
It's not about imitating someone.
We should also come out of mindset that Europeans are always nonsense.
Rarely they make sense as well.
@@SaiPraneethMullapudi You can stop parroting the globalist narrative that's in all the media. Green energy is the cause of the crippling poverty and energy shortage in Europe right now. Trillions have already been wasted on wind and solar. Germany and the UK, are reopening the coal plants.
You should keep abreast of current events instead of memorizing and regurgitating mainstream media headlines.
@@ramdev9578 Green Hydrogen means the source of hydrogen is not from any fossil fuel. Unfortunately, most of hydrogen comes from fossil fuel including coal and natural gas today. We need a really cheap alternative source of energy to produce "green" hydrogen.
They used cabbage
Pure Goosebumps Bro. I would surely like to praise China for their foresight but before that I would like to applaud your story telling skills. Any other guy would have simply read this information and put their audience nowhere; but you on the other hand tell us the story and also give us the lessons to carry from the case study and that's really important. Kudos to you and your team. This channel is really going to be the big thing soon. 🔥
Saya sangat senang anda memberikan makalah. Ini
True.. RESPECT+++ FOR china people
Vivek Bindra 5 years ago ua-cam.com/video/F_nBES1lIyY/v-deo.html
No Paryan, the real reason that China became rich was an evil Naga tricked the King of Tibet into making an offering for his Buddhist temple in the 7th century.
BUT SIR MY INDIA IS THE REAL SUPERPOWER ! WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🇮🇳🤗 THIS WHY IM SO LUCKY LIVE IN SUPER INDIA WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
Chinese people are very hardworking people, So happy for the people of china, btw my Best friend is chinese and she taught me alot about being successful, discipline is one of the recipe. God bless china!❤🎉
The only thing i get in my mind about successful countries, that they change fast.
Change is the key to prosperity. By change I want to say that if something is not working for them they do reforms very fast. India did reforms very late even after seeing japan doing exponentially well. still india didn’t done reforms at that time and imf had to force us.
And it’s hurtful to see some Indian parties still doing populist policies today. I mean by seeing sri lanka and Pakistan. It should become taboo to do populist policies. i consider OPS is worst and congress is reviving OPS
Delivering two such videos with extremely good content is no mean feat. Think school has been doing this every week. Kudos to the entire team and my brother Ganesh , you are an absolute gem. My love and respect towards this channel is increasing with every passing week.
We seriously need this guy as our teacher 🙏❤
Thank you for heart, I really appreciate you
He is blowing whistles but few remarks are not positive
@@tummalapallikameshgupta6803 like what? I really want to know
aladden aladeen
At the rate our currency keeps depreciating, India might never catch up with China. Meanwhile China's currency keeps appreciating.
Also this video doesnt talk about the risks of China's investments.
For example,
Betting big on Solar and EV back in 2005/2007 could have also turned into a disaster. At that time Middle East and Russia were pumping more oil than ever & many were predicting that oil would only get cheaper.
If Europe and US had not tightened the carbon emission regulations then we may have never seen solar and EVs become this popular.
Companies only care about profit, even today big banks such JP Morgan and GoldmanSachs invest 10 times more on Fossil fuels compared to renewable.
Chinese were busy to develop relation with congo for business whereas In India indian politicians were busy in vote bank, state election, nagar nigam election filling their bank account as they have only five years to them.... Democracy in India 😆😆
This video well summarised some advantages China has gained over in the 21st century. There are actually much more that China has to demonstrate. According to a recent study by ASPI (March 2023), China already leads in 37 of 44 key technologies, while the US 7. Once all these R&Ds get industrialised and marketised, China will gain more momentum to progress. I hope I stay healthy to witness that, and hence live a better life. 😀
听光头瞎说
My narrow mind was blown once I traveled Beijing, shanghai and Shenzhen. All I am saying is amazing
hello，i wonder what is the narrow mind of you ?
@@evenhuang7071 the westernized mindset
在现代工业，人工成本只占很小的一部分，真正的大部分成本，在工业基础建设（电力、道路、物流）和产业链（配套的配件、设计、高精密的实验室）的规划，政府机构的服务（包括提供各种高效率的项目审批、良好的社会安全保障），而这些才是中国真正领先世界的王牌，印度能做到吗？
When you dont have a competition, you can just get things done. In india every bill needs political maneuvering.
China's vision and approach towards development is truly amazing👍
That is not root cause. North Korea do not have competition as well. But it never developed. The key is free the market. Indian tried but there are so many hold back, for example, the farmer protest. Without free market, economy never develop
INDIA hasbeen stifile by the British when British Rules and Dstroyed much of INDIA diversity and culture. Now they have the "legal and Democratic" rules which can be BEND and SPIN by ....... Politicians and Rich Empires.
Really? Then what is holding African countries & middle eastern countries to become like western European nations.
Why become like Western countries? Better to become the best India can be. India already has a huge history baked in..... dig deep and throw off( as the Chines did) the colonial shackles. India already has a Democracy with Indian characteristics..... do it.... but watch your back as success generates hate in the previous owners..... good luck😊
That's the problem of the so called Western democracy
It was said that under Mao’s rein, 5 million Chinese died. That was when I was in college in 1996. Then this number got bumped to 10 million when I just came to US 20 years ago. The amount increased to 20 to 30 million around the time of 2008 Beijing Olympic. Now I see the new fashion is 50 million. The inflation is real, not just economy.
毛主席是全中国人的神，你可以侮辱上帝，但不能侮辱毛主席。毛主席死的时候整个中国都为他哭泣。在毛主席时代，人们虽然穷，但是有信仰，只要吃饱喝足就不会有任何烦恼，人跟人之间没有贫富差距，活的都非常轻松，即使你是一个普通的工人，跟老板的财产也差不了多少，那个时候一个人干活可以养活5个人。
虽然现在的中国虽然富有了，但是2个人干活养不起1个孩子，6个人干活供不起1套房子，1个人生病全家跟着返贫。现在的年轻人，不敢请假不敢生病不敢结婚。明明绝大多数人工资到不了5000元，国家统计的职场平均工资却有9800元人民币。明明1个普通人连50万的存款都拿不出，国企老总的身价却可以达到千亿万亿。
@@user-gf2ig4hv6k You probably didn’t get what I mean :) I was being sarcastic.
@@user-gf2ig4hv6k 以前过的时候日子，你现在过那个日子，照样可以养几个人，你没看到有特别穷的人，还不是照样升几个，只要在乡下，只要生活质量低下，你照样可以生几个，又不是没有，但是你为什么觉得现在生活压力大，是因为你需要高了，就以前自行车可是奢侈品，电视机也是，但是你想过过去一无所有的生活吗？，以前可是泥土，茅草房就可以生活。我97年的，我爸爸小时候还住在泥土茅草房。我奶奶生几个，但是你会现在想过那个日子吗？
This is the truth. I just died yesterday. To prove your message, I uploaded Mind uploading to the Internet.
I dont even know where he obtained that death figure from? the spirits of the dead went to his dream?
@ThinkSchool, Very well made video with great story telling and presentation. In this video, you did not cover the foundational reason behind China going from poverty to superpower. If the China was having 60% poverty rate, then how it was able to keep the loss making companies aflot for 15+ years? How did it go and fund billions of dollars of loan to Congo? How did it got so much of money when the entire country was poor and in bad shape during 1970's? This is fundamental question and real answer you should investigate and find out for knowing how China raise from poverty.
Partly correct. The Chinese government also invested in infrastructure, education, heath care and so on, for the people of China. While India and US did not.
Think school Is an way to Teach , Educate and Train Common man of India about India ! 🇮🇳🔥🔥❤️
Educate about what ??
When we were in school in 90s, we were being taught of how Singapore improved in 20 years. China has learnt and started implementing it in a better way while India is still learning..!!
When I was in school it was about japan and how they built their economy quickly even after 2 nuke bomb dropped over their city and losing million of people .
@@overlordborn6131 And today Japan is a very different story
Actually Singapore is what inspired Deng Xiaoping to change. In fact he had sent hundred of government officers to Singapore to learn from them.
@@simonking3949 Thats what I mentioned. If I am right Singapore is the first one to implement such thing.
@@ASK0545
i know, I was just try to add on what you wrote initially... I read some where that Chinese officers actually stayed in Singapore for months.
Good analysis but not comprehensive enough. The answer is that before Deng open up policy, China is already an industrial country. China was able to manufacturing almost all weapons before open up, this means China’s heavy industry is already powerful back then. China only not strong enough in light industries. Just when u compare NK with some African countries, although the GDP of NK is low, they are able manufacturing many stuff not like some other poor countries. So once they have a chance, they can become much richer and much faster than others, just like China.
Simply speaking, you can’t simply measure a country’s power by its GDP only, the reason why China can become much richer is because China was actually already a powerful country before open up. Its potential is already there, China just need a chance. Same for NK, give them a chance, they can be much richer very quick.
1. We do not have a caste system, and we have been able to achieve class mobility by selecting the best people by means of imperial examinations since Sui & Tang Dynasties(more than 1000 years ago).This has led the people to place great value on education.
2. Over 2000 years ago China unified its writing, including what is now known as Mandarin, making it possible to live and communicate culturally across regions without barriers. That will be very important for talent mobility.
3. Since 1979, China has made great efforts to develop education and improve the intellectual and cultural quality of the whole population, which has also provided enough talents for the later development.
4. Then, China has joined the WTO and seized the opportunity in the process of global economic integration.
5. China guarantees the interests of foreign companies in China, making them willing to invest in the country. If we look at the foreign companies in India, it is difficult to guarantee a fair share of benefits. The most recent thing that happened, both in Europe and in the United States, was the huge fine imposed on Xiaomi mobile phones.
6. Super execution power. Except for the years 1966 to 1976, China's overall society operated relatively efficiently. It goes without saying that videos of past road construction in China, just look at the speed at which Tesla is building its factory in Shanghai.
7. Finally, a centralised administration, although lacking in democracy to a certain extent, does manage to be efficient. The military and economy are hard power, and that is the priority. My view is that it takes a process to develop well first, so that everyone can live well, and then change steply.
yes but media shows china is dictatorship. is it true.
because in freedom , religion, media, indexes. they are very low
I love to watch videos related to countries' economies. Keep uploading such types of videos!! 🙏🙏
Just like China has 'Art of War' for their dream of global dominance, India also has 'Arthashastra' by Chanakya which is more powerful book compared to the one of China. But the fact is they have applied all rules and executed all the plans properly whereas we don't even have bothered to read that book.
😔 sad but its the truth, we don't know our culture well enough. And sadly I am also included in that group
India and China are in different situations. India has never been a unified entity on its own terms and its got way too many diff cultures, ethnicities, languages and religions
@@alok.01 It's not your fault. We can only blame the education system for this. We call ourselves Hindus, but we haven't read Vedic texts and Upanishads which resulted result is India under foreign occupation for 1000 years. Our culture used to worship nature and treated it like a divine entity, but today India is the 2nd most polluted country in the world and there are many more internal problems like this in today's India but as you said, it's sad but true.
@@ericsohn5084 it was similar cultural identity. U have no idea. U won't get any idea if u read only b! BlE
@@ericsohn5084 and where you learn this stupid statement I think by West historians who have identity crises🤣🤣🤣
Thanks to that 3000 years of culture: loyalty, filial, mercy, love, promise, righteousness, harmony and peace.
The last steamed bun is full, does not mean that the first steamed bun is not important,From 1949 to 1978, China fought the Korean War, fought with India in Tibet, faced off with the Soviet Union in northeast China, two bombs and one bomb were fired during this period, heavy industry was also started because of Soviet aid, you can't expect a person to become rich overnight, and a country can't become a developed country in a short time, everything needs to be accumulated, especially a big country. India has been in a good international environment which China does not have but the reason for its slow development is the lack of thorough internal reforms
Even if one criticizes china every time but we should accept and praise its policies and governance, today where india stands, china is ahead of 40 to 50 years, even if india is considered 5th global economy in the world but inside problems of India have remained whether it's poverty, starvation, unemployment, inflation, education, health or migration, there are so many people who don't get 2 times bread.
Not that far
The biggest INSIDE PROBLEM of India lies in the corrupt IAS - INDIAN ADMINISTRATIVE SERVICES, remnant babus of the colonial empire, who continue to collect ' taxes ' for the glory of the Raj.
印度是个强大的国家,中国没有领先印度
@@user-ei4eh3vd5p While I agree that India is not that far behind China. The truth and I agree with the above comment is the fact that the Chinese government did a damn good job in terms of its economic policies and the generation of elders who worked hard towards this development need to be appreciated. I as a citizen of this country believe it is also important about the problems your country has and needs to work on He mentioned some of those . Have we made progress as a country in the last decade in certain areas , many of the elders who are educated including my grandparents appreciate the progress we have made, However they also accept the current generation and the government has many issues that we still need to and have been working on.
One decision which India can make now which will be remembered in 20 years as the seed of India's future greatness is to join BRI, get on free trade, and good diplomatic terms with China. Having a tense trade barriers with China is not positive for growth. ASEAN trades freely with China and seems to be doing very well.
Yes, Asean's GDP is larger than India's.
中国之所以取得这么大的进步，最重要原因是实现了市场经济，保持了政治的稳定，投资了教育，其他的只是结果
Visionary leader Shree Nitin Gadkari has already started working on hydrogen batteries to counter China's control on the EV market hope hydrogen batteries become reality in India🇮🇳
Bro don't name any leader as it directly means you are supporting the party because they are doing something right then they also did something wrong
Yes. They are planning to export energy produced through Hydrogen. Great initiative.
The problem is in next 10-20 yrs if the government is changed then the whole plan might be at risk due to issues of short term policies for appeasing people to get in power or again more democratic discussions which takes another 20 yrs till it's decidee
@@lucifermorningstar8469 This is the issue with democracy. People have to engaged in the democratic process. If leaders fear they will loose election if they do not perform good on hydrogen projects, they will do it. No one can stop them.
I know this sounds far from reality. But we need to move towards making this reality. If not no one can save us.
@@lucifermorningstar8469 that's the main issue of democracies, it doesn't have long term plans, it works well only in rich, highly homogeneous countries
The thing that amazes me the most is how they made their infrastructure look so futuristic with almost 50 cities looking better than any Indian city.
@Stephen lee🤣 thanks...I didn't knew
Well planned cities with lots of investments on Infrastructure. India me kabhi cities well develope kri ni gai. With a few exceptions Like Chandigarh, which is not an industrial hub, but a well planned city. Our industrial hubs are old cities which kept increasing in size with no planning at all, like mumbai delhi and banglore
I don't think India wants to fully modernise. India is a very conservative Hindu society and too much opening up and industrialisation means losing their way of life.
Infrastructure can provide a lot of employment, reduce the cost of industrial transportation, in order to attract more business investment, and then collect tax revenue. The poor who participate in the construction can also earn income and lift themselves out of poverty.
@@deezeed2817 well developed infrastructure is not gonna change anything in our way of living. Infact, hindus are the most accepting people.
中国离成为发达国家还有太长的路要走，但是根据中国现有的经验来看，摆脱外国的军事，政治，文化影响是成为自助独立大国的重要先决条件。在这一点上印度比已经是发达国家的韩国日本要做的好得多。希望有一天可以看到更多的发展中国家独立自主起来
India does not have the same social conditions as China. From 1949 to 1976, China carried out land reform and land was owned by the state. Lay a social foundation for future infrastructure construction. Does India have them?
Mr. Mao helped China to gain:
1) The sovereignty and peace, and defended it at high price including the Korea war with US, and the breaking up with Soviet Union.
2) The nuclear weapon, which guarantees the security;
3) The education of the entire population;
4) The basic infrastructure including railways and irrigation systems…
5) A role on the world stage;
6) A seat in UN security council by treating poor friend better than yourself.
During Mao’s time the sanctions on China were from both US and USSR, worse than Cuba or North Korea situations. At the time, China didn’t have any internal problems or debts. It was ready to fly.
Unite Han people again after 400 years separate
@@Dark-yv1es It is important to end civil wars, organized crimes, and bandits;Also to keep peace in the autonomous regions of the minority ethnic groups.
The Chinese government has really made a lot of amazing decisions.
Those who are interested can check the betting agreement signed by the Shanghai government and Tesla, which shocked the whole world. In the end, both the Shanghai government and Tesla got what they needed.This has freed Tesla from capacity anxiety and allowed China to improve the entire electric vehicle industry chain. The basic idea of the Chinese government is to serve the enterprises in China. No matter which country you are, you will increase China's tax revenue and employment in China.
Biased views restricts one's opinions. Balanced views allows critical thoughts. Well done sir. Palki could learn a thing or two from you
Excellent consideration of the topic. Please clarify the death statistics under Mao. Over what period of time? In other words please present information in terms of excess deaths, or the statistic provided may be misleading...an exaggeration. I'm sure there were premature deaths by starvation, but let us get the numbers right.
为什么要执着于过去的历史？ 每个历史时间段都会有悲剧，我们不会忘记，更会向前看，让现在的人民过得更好，看看现在中国变化不更好，我们都是在进步，也希望这个世界更好
Separate Mao Zedong from Deng Xiaoping reflects the editor's lack of deep understanding of contemporary Chinese history. China during the Mao era was in a period of total blockade by the West. You can never expect the Chinese to potentially have the similar opportunities they have in the 1980s.The Mao era and Deng Xiaoping's reform and opening up complement each other. During the Mao Zedong period, it was inevitable to deal with the Western blockade and the hostility of the Soviet Union at the same time. But at that time, the achievements of the Mao period were enormous: on the one hand, The Two bombs and One satellite Scheme laid the military foundation; second, the successful introduction of 156 projects from the Soviet Union laid the foundation for China's heavy industry, laying a solid foundation for the follow-up of China's military, manufacturing, science and technology and other fields. The success of reform and opening up is largely due to the industrial foundation and national defense achievements of the Mao era.
When there is an underdeveloped country with 6 babies per woman then there are two models of development:
1) Confucion Model: In this the country pushes coercive measures of population control and achieves a fertility rate under 2 in 15 years. It also implements development oriented dictatorship and achieves GDP growth rate of 10 to 12 % and becomes a Newly Industrialized Country in 30 years. However, prosperity and globalization makes people aware of their rights and they protest and this leads to democracy. The country then develops within 5 decades. Taiwan and South Korea followed this path. China also is going along this path however they need democracy to make a transition from NIC to developed country.
2) Dharmic Model: Here the country implements family planning and democracy. With family planning the fertility rate falls below 2 within 35 years. Democracy creates a gdp growth rate of 6 to 8% and the country becomes Newly Industrialized within 5 decades. Then within 8 decades they can become developed nations.
India, Bangladesh, Mongolia and Indonesia have followed this path and they can become developed countries in 2040s.
Thailand is an interesting case when they had military dictators they pursued 1 and when they had democracy they pursued 2.
Nice Information 👍🏻😊
@@raneatharva3016 No Al Jazeera or BBC journalist will tell you this.
@@webabhi can you share me the link for this Topic
@@raneatharva3016 I got this information after reading several articles on Political Science and History of Nations.
So this is my own knowledge after analysing various articles.
@@webabhi I think Confucius Model is better than Ancient Indian Dharmic one, What do you Think ?
Even before the economic reforms, china already build an independent solid industrial foundation, they were already able to build their own nuclear weapons, submarines, satellites ships jets railways, etc. the Market economy just escalate the consumer products market. The one thing it is unique about Chinese culture is that: DO MORE, TALK LESS, mentality.
Definitely a really good video. That's why most Chinese will support this government even it's not perfect.
I have 2 groups of engineers. One from India and one from China. Never failed to impress by the PPT from Indian group but only the Chinese group developed workable products. Indian group keep finding excuses. So, I took Indian's PPT and asked the Chinese to develop. I have the best of the two.
Indian PPT is designed randomly, because Indians do not understand science
😂
You are definately an Indian.
lol you are 100% right
You don't even own a 30k smartphone. 😂
Unbiased, focussed and well presented case study Think School! Coming from a non business background, I'm getting to learn and appreciate your content a lot!
Looking forward to your future video essays.
Indian government futuristic initiatives to remove poverty by education n tax exemption policies 1)800 BCE dead language Sanskrit in schools 2) med and engineering in local languages hindi 3) startup tax exemption (most startups are mediocre services ideas like taxi, food delivery, milk delivery vs chinas high end export manufacturing of laptops, mobile, solar panel and electric vehicles of 21 st century to compete with worlds oil n coal economics 4) development of software services outsourcing hub of cheap labour in cities like Bangalore Hyderabad, pune(mostly south indian English educated labour force for serving US based companies like amazon, Oracle, Microsoft etc. Vs futuristic AI hubs of china which will make manuel software labours obsolete in 20 yrs. Indian will have to accept the bitter truth that they need to change the approch or watch as spectators from back seats
You want to know how China became a superpower, you should know that they have been a superpower for most of the time since over 2000 years ago!
The proportion of China's GDP to global GDP over the ages:
The GDP of the Han Dynasty accounted for 26% of the world;（BC202-220）
The GDP of the Sui Dynasty accounted for 70% of the world's total;
The GDP of the Tang Dynasty accounted for 58% of the world's total;
The GDP of the Song Dynasty accounted for 60% of the world;
The GDP of the Yuan Dynasty accounted for 28% of the world's total;
The GDP of the Ming Dynasty accounted for 45% to 55% of the world's total;
The GDP of the Qing Dynasty accounted for 10% to 35% of the world;
most of these data is wrong, china had gdp around 20-30% and indian empires had a similar propotion
@@s4stats698 The toilet problem in India for thousands of years has not been solved yet, just like your news, it's all lies. Come out and take a look, friend
Chinese transformation is truly remarkable. i hope India does the same to become a developed nation
It's super difficult because china first made a move on his education and removed religion, Even today we have this problem at major, our media and godi promoting religion dispute, So sad to say but India will.never be a superpower, It's a Myth
The only unbiased channel in India that speaks about Indian and World economy and politics.
If only there other like Think School
India or even me(from Filipino itself) itself would be remarkable on things people can learn all that they never know what knowledge that is lost or undiscovered
Only! Seriously only! What a tragedy
Some of China's success dates back to Mao's policies, though not necessarily in a good way. One of the results of the Chinese Revolution was the total liquidation of the landed class. Because of this, most of the people capable of corrupting the system to benefit themselves and their families personally during the Mao years were either killed, exiled, or politically emasculated. I like to say that Mao burned down the forest so that a new generation of seedlings could grow.
Deng's policies of liberalization certainly were key to bringing in international economic stimulation, but there was always a balance maintained between free market and state-owned industry, in part to make sure that no class of tycoons would ever become powerful enough to control the political narrative. It was during Deng's time that embezzlers and other economic corruptors were routinely executed.
The party maintains its grip on power, and its control of the media narrative means that the government can make decisions without having to compromise with the rich. Taxes can be effectively collected and resources properly targeted to meet what the government thinks are the true needs of the country and the people. And access to government power is predicated on performance from small jurisdictions to jurisdictions of ever increasing size if and only if ambitious targets are met and exceeded. Politicians do not have to stand for election and effective governors are far less likely to be dethroned through media smear jobs.
China does have problems, but China's determination, structure, and timing have all been extremely fortuitous. I wish India the best of luck going forward towards their own superpower station, but I don't think India has the proper ingredients to do it like China did, and in some ways that's a good thing. I don't know how likely China's model was to work as it did, but I think India's road is going to be much slower, assuming that it arrives at all.
如果你不理解毛泽东对于中国成为强国的重要性，那你就无法理解中国成功的秘密。不可否认邓小平的贡献，但毛泽东的贡献则更为重要。
China's economic boom started only with deng
This video is well researched, factual, objective and clearly explained. 20 years ago, my company recruited both Chinese and Indian workers. Nowadays, we are unable to recruit any Chinese workers as the pay is comparable in China. We only managed to recruit Indian workers.
and the Indians love to talk.. much like the Blacks.. Indians want to have the management position, without working .
@@athenaqilin8354 And that's why they are heading the Tech giants unlike the Chinese who struggle to juggle between Sucking Chow mein and communicating in fluent English 🤣🤣
None of this is true.
Communist China with a lot of helping western hands, did ok for a lil while but the leaders became corrupt billionaires, end of prosperity.
@xuandu ning the video only mentioned mao briefly. Overall, the presentation from this video is fair and factual.
@xuandu ning I agree. Let there be peace among the 2 peoples.
I still remember speech of Narendra Modi in 2002 where he mentioned solar will be new power within 20 years then he started distributing solar cooker on subsidised rate I remember when my father brought that home and we used to cook rice in that cooker. I am from Gujarat by the way.
@Left the party everyone hates bjp
😀😀😀😀
Yes ur ri8
@@satviasm3328 not everyone, but jihadis, communists and leftists
Then he started distributing LPG.
Today in UPSC CSE 2023 Prelims paper one question was asked from this video.
Question was which country produces the three-fourths of world's Cobalt?
Thanks a lot to you and UA-cam as well for recommending this video few weeks back. 🙏
Correction for some information . China now have almost 1/3 industrial output of the world . In 2020 it was 29% of the world . Now in 2023 it’s 32%
If we speak in amounts will be at this ranking :
1- china ( 11.26 Trillion USD )
2 - usa ( 4.09 Trillion USD )
3- india ( 2.6 Trillion USD )
4- japan ( 1.719 Trillion USD )
5- Germany ( 1.364 Trillion USD )
6- brazil ( 720 Billion USD )
7- Canada ( 537.58 Billion USD )
8- all other countries in world nearly 11 Trillion USD ) .
So if see the numbers carefully china alone more than number 2 to number 7 in this list above .
Love the way Jinping scolded Trudeau.
It would be interesting to study how much time people spend on internet countrywise and on which content, demographics, productivity wise.
Add one thing: If foreign companies want to enter into China, Chinese Government requires foreign companies to collaborate with local companies. In some cases, Chinese firms learn from foreign companies. It helps Chinese firms avoid many mistakes for building manufacturing system.
India and all third-world nations would do well to learn from China. Historically, a country can become modernized by the slow capitalist model, or the fast socialist model. In the traditional capitalist track, the STATE accumulates power and wealth over time (300 years) through ownership of resources (oil) or invention (railroads). Roads, bridges, ports are built as needed. Winning wars accelerate this process. Workers are lifted out of poverty through individual effort and the 'trickle-down theory". In the modern socialist model, the needs of the nation are already known, like communications, transportation, health, housing, education and so forth. What is needed is SCALE to meet the needs of a large population. Scalability is achieved by empowering a small group
Think school multi-talented men
1. Business
2. Economy and Government plan
3. Social issue
Big books, articles and the philosophy of economists include in a video. Amazing.
@Study account toh dusri and iss channel me kya farq rahenga.