Why China's Economy is Failing
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- Опубліковано 15 жов 2024
- Despite boasting 5.2% growth in 2023, China faces a looming economic collapse driven by President Xi Jinping's authoritarian grip. From a crumbling property market to rising youth unemployment, Xi's policies are pushing the nation toward financial chaos. Watch now to see how far China's economy has fallen.
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according to youtubers china has collapsed every week for the last 10 years
About 2 more weeks
Exactly
That’s because they apply the logic of capitalism and free markets to a country that is exactly not that.
for last 3 decades
@@angusmcfife6700 they applied logic of drama queen looking for shocking stuff to pay for bills, as most successful YT channels doing too...
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months
I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.
Advisors: Xi, you can't just make the problems dissapear.
Xi: Maybe, but I can make you dissapear.
@@ShepardCZ hahahaha
Advisors: uh, no problems here
Xi: I like you
Good one
Xi: if you don't see any problems... then there are no problems...simple...
@ShepardCZ I’m rollin
"Building houses they will never be able to afford", that sounds so familiar in USA.
And 2010s Ireland seeing we paid 60 percent of that European recession. That's how much came out of Irish pockets.
I am anti-china but your comment is correct
Well US market is different. We have the people to buy the homes vs China empty homes. But we got corporate buyer buying up homes and keeping prices high. thats we kinda need a depression to reset the housing market and laws to block out corporate single family home buyers. But alas government is doing its best to prop things up especially during an election year and I dunno if congress can overcome the lobbyists.
USA had already showed how bad it would be, but China didn't learn from it.
Same is happening in India, however due to corruption and black money the system is running🏃💨💨
cant believe china collapsing this week and china threat the other week
Yeah its the biggest case of mass cognitive dissonance in human history. They are both too strong and too weak. They are both too poor and too rich.
China's economy is failing which is why they are being more aggressive, the USSR crumbled but Russia was still a threat fool
It has already collapsed. The difference is that the CCP is doing its best to hide it
@@joezhou2346 yeah china is collapsing since 60 years i guess
A wounded animal is dangerous.
-10000 social credit for making this video
Filipinos: Wala kami pakelam
What is social credit? I am Chinese,i have not heard it😂
@@priogao Yet. It is being tested in various forms in a couple of places and industries but news of this is being suppressed because it's not going well, especially not for actual Chinese people on the receiving end. Let's hope they abandon this idea instead of improving their censorship to a level where it would actually work.
What are social credits? Can u elaborate?
Well that when you appoint an undereducated person to emperor status and let him plan the whole economy .
I kept hearing "she" instead of "Xi" and was asking myself who is she and why has she ruined China's economy?
😂😂
Easier to say "winnie".
Just a typical woman
More importantly why she in ping?
Ci Xi.
When you’re a dictator, staying in power is job one.
Better a dictator with achievements to show than a democrat/ Republican that can show nothing but corruptions.
Better a dictator with achievements to show than a democrat/ Republican that can show nothing but corruptions.
He's not a dictator
@@shafsteryellow me thinks the gentleman doth protest too much
@@ducknorris233 nope just a technical correction.
This has been the prediction every year for 30 years…
Don't be a fool, China had a great future after the crash of 2008 but they threw it away. If they were led by someone intelligent they would be more powerful than America by now every problem is self inflicted and the rest of the world will not help them any more.
@@JohnSmith-zn5nw China 0 recession
China 0 inflation
Usa recession
Uk recession
France recession
Germany recessing
India recession
Taiwan recession
@@jacksmith-mu3ee sure friend, sure... LOLOLOLOLOL
@@JohnSmith-zn5nw no need for words sure .
Your phone is chinese . That's enough
@@JohnSmith-zn5nw source ? Proof ?
At this point, "China failing economy" is just a clickbait and it surprisingly works.
Of course, it works. Americans hate witnessing the rise of a competitor, especially a competitor that is both independent and non-white.
Not sure about that.
My conspiracy theory is that Chinese government makes these videos themselves. Remember the quote of Chinese philosopher... appear weak when you are strong, and strong when you are weak.
The video shows just how desperate and laughable the collective West is, rooting for China’s failure. Despite 5.2% growth, they keep spinning wild theories like “China’s Economy is About to Collapse”-and people still fall for it. It’s hilarious! Gordon Chang has been predicting China’s collapse year after year, and he’s STILL a regular on TV, even though his predictions are not just wrong, but downright ridiculous. Why????
Because bashing China is a lucrative business! His doomsday forecasts get them media attention and more clicks, and that’s how he makes a living. I highly doubt they actually believes China’s economy is about to tank anytime soon. But they knows the UA-cam algorithm eats that stuff up-and the Western audience can’t get enough of it!
I would imagine that one child policy they had for two decades could cause a population issue.
It did, they have a major demographic crisis incoming within the next decade to two.
Two decades? They 45 years
Even though they got rid of the policy the people are still not reproducing as much as the government wants
@@JohnJackson-e9z 45 years? More like four and a half decades
Even with that one child policy, there are still FAR too many.... shouldn't be more than 300 million of them, _ever_
for the last 10 years I keep seeing videos like "china is crumbling" "china is failing" but it never happens
So many people like to hear this, so you can make money from this kind of vlog.
china is large enough to support its own economy.. however, it will just be isolated from the rest of the world
@@digitalrandomart3049 Rome wasnt built in a day, nor did it fall in one.
I've been in Shanghai. All stores that I used to go are gone. There's barely any foreigner left.
The amount of homeless is nearly 10-20 times compare to 2015.
The Chinese economy is collapsing, but the CCP is desperately trying to hide it.
It’s definitely not failing. They’re making big moves
There are two types of UA-cam channel
1) china will be a super power and biggest economy in the world
2) chinese economy will collapse in month's
😂😂😂😂
RIght??? Its nearly impossible to find a neutral channel about China anymore nowadays lol (I guess extreme opinion helps make more $$$)
I think this one was in between those 2! They never said it will collapse in X time, they just gave the statistics of past and present economic numbers
Well, whatever you can say about China, it's undeniably a superpower and is also the biggest economy based on GDP PPP. Videos like these are just hopium for anxious westerners.
Same with USA.
@@MiCharlXXD4yeh this dude is notorious for his u.s bias and poor research. He always has tons of errors.
China's economic collapse theory has been going on for 30 years😂
This time, however, China is in fact facing a significant downturn on multiple fronts.
@@guydreamr But other country's economy is even worse, and inflation is high, aren't they? At least China does not have an inflation problem.
@@TracyT-xd5lm China is in fact facing a *deflation* problem, which comes with its own set of issues and is also further evidence of a significant downturn.
@@guydreamr Ok, let's wait and see.
@@TracyT-xd5lmnope, not even close
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Svetlana Sarkisian Chowdhury is my advisor, You can easily look her up, she has years of financial market experience.
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You did not talk about it workforce problem. The older generation is leaving the workforce and there is not enough younger people to replace them.
Which is completely contrary to how China DOES have a youth unemployment issue.
@@TheYannir Everyone in China and their pet is a Uni student with a degree in these days. They need factory workers. The Uni graduates do not want to work in blue collar/factory jobs. Their unemployment is high in white collar/office jobs.
And thats why free college is a bad idea.
China stopped calculating youth unemployment because it was so rampant
Workforce ageing is literally the problem of every large economy except India.
Man banned Winnie the Pooh. I knew he was evil the moment he did that
@@TheAllSeeingEye2468 but there's Disneyland in China...
There's only room for *one* Winnie the Pooh in this town.
No he didn't. There's still many Winnie the Pooh toys around and the last movie was dubbed in Chinese. This was literally just a joke people thought was real, but wasn't.
@@Herlequine The fact that the "joke" was able to get so much traction, however, speaks volumes.
@@guydreamr . Subjective volume . It could mean anything .
We are hearing this since 2008
You know China is always collapsing and India is always rising on UA-cam lol🤣
It is look at the gdp growth of india in comparison to china
@@randomguy-rm1wf GDP growth does not tell much since China's GDP is around 5 times bigger than India's. 9% of 100 is 9, but 5% of 500 is 25.
I'm quite optimistic, though.
It has been said for like 30 years and China is still growing.
I would expect China's declining population result in a declining economy.
china peak young working force was during 2014-2020, even though it will decline from now but it's still insignificant. It would take 10y atleast when their working population will start shrinking crazy fast.
A declining population is every economy's concern.
Us,uk,Europe, Canada all have that issue.
@@abhinavkumar6504these countries accept Immigration, asian countries like Japan and China dont!
@@dennisestradda9746 The great solution the West has for their population problem is to replace their local European populations with 3rd world migrants? That doesn't solve the problem , if anything, it just creates 100 new problems.
There are a ton of people in the West that actually think this is an actual viable solution and somehow makes them better than the Asians at solving this issue? It's scary how insane the Western world has become.
@@dennisestradda9746 Japan has recently loosened their immigration policy
Winnie the Pooh was never skilled at financials - good at eating honey.
yes
I don't know much about politics, but do you?
Sigurno ne, Lele mnogo obicham da pisha Dumi koito Ne mogat da budat translatnati
@@nayed7670 My comment had nothing to do with politics. Can't understand English?
@@mutantryeff Their knowledge about english are as po0r as their knowledge about economic planning
@@nayed7670 Putin caput
Winnie the Pooh will just shift the blame to someone else
Like Taiwan and America.
China 0 recession
China 0 inflation
Usa recession
Uk recession
France recession
Germany recessing
India recession
Taiwan recession
@@SpiderHacksawis that why eu and usa blame china ? Why trump blame china ?
@@jacksmith-mu3ee Like their covid numbers, right? Zero people died from Corona for 2 years lol. Who takes that seriously?
@@jacksmith-mu3ee it' delusional to state that China has 0 inflation and 0 recession: even free and open economics suffer from it. Now go figure a top-down controlled by a few oligarchs economy where foreign investors can't recover their funds.
So many pro-CCP bots in this comment section it’s slightly surprising to witness it firsthand
Us bot
@@arandomguy007 you wish bruh 😂
According to media China’s economy has been failing for 30 years. LOL. Guess it will fail for another decade😂
@@leiluo7568 do you have a basic understanding of how economics work?
@@ghjk193 if ur learning economics off the infographics show i dont think you know how economics works
@@ghjk193 How does it work? Enlighten us with a sure-fire prediction.
@@azlanhateem4076 read up on MMT a country can never go bankrupt in their own currency. So even if their economy is failing what's gonna happen is that their population will suffer from lower quality of life ( among other effects) which arguably has been the case in China for the last 30 years. So yes it's economy can be failing for the last 30 years and can continue to do so for a long time.
@@typicalasian who said I'm learning economics of here ? I was saying that his comment was nonsensical since a countries economy can be failing for a long time on a Makro level
As long as a country has
1. A good education system
2. A good healthcare system
3. An environment of innovation and research
4. Infrastructure
yes, they may suffer major setbacks but
That society can tackle any problem that comes in it's way,
@shauryabansal2383 without a independent rule of law it is bandit country, fake baby milk powder, tainted cooking oil, etc
China lacks nr.3
No wonder America doesn’t consider them a threat. For years now I heard that this would be the outcome. It’s coming true now
Usa lost to china . Usa consider china a threat since usa was created
Lol, we've been hearing China was going to collapse for decades now. And it's still here, that's like saying "I saw aliens!" Give me a break!
they consider China a huge threat. why do you think Biden just increased tariffs on Chinese good because american companies are going bankrupt lol. China is destroying the US.
As a Chinese i really hope US dont consider China as a threar. China is just a fragiable developing country.
?? Have you seen what theyre doing in the South China Sea? What is so different between them and Iran and Russia in that they control so many energy sources or at least are in alliances with so many of the producers at the same time. If you think that a poorer China is less dangerous look out 👁️👁️ theres a reason why they are everywhere
The video is about chinas failing economy but has absolutely no data to show that its failing.
You only need to see the videos of the streets and malls.
1:30 9:30 15:22 and onwards. Did you actually watch the video?
@@rayvanwayenburg998 lol you call those statistics? How about quoting actual studies instead of news articles. Low quality video.
With all due respect as someone who has been living in China for a long time, I see no problems here. I have also seen many videos throughout these years about how the Chinese economy is just about to collapse and that hasn't happened yet and it probably won't even happen.
With all due respect as someone who knows plenty of Chinese people from China, there are tons of problems there. China has been hiding problems and crushing dissidents for so long it's no longer a secret to the outside world. To claim their biggest real estate companies like Evergrande going bankrupt is not a problem is ridiculous.
以前不代表现在 你的逻辑出现问题
How are you posting this comment then? Isn't UA-cam heavily censored in China?
@@AAAAAA-lx2cl He's probably one of the 50 cent army member.
Respectfully, youre either blind or paid actor. Either way, your opinion here doesnt matter.
"Why China economy is falling"
Every countries economy is falling.
😂😂😂😂
bruh
The trilateral commission and UN have started the reset. The people have become to uncontrollable in the elites eyes. Why is the general public not revolting?
Ironically, when I hear the supposed descriptions of China, I think this is really the description for the United States. Tens of millions of Americans are at the financial breaking point. We are so close to going under.
Maybe this kind of video is made to make them feeling better XD
Even the fake data is bad…lol
Coping
China with authoritarianism leader can match USA with freedom
@@munnakhan8961 Hahaha CCP - Cope Cope Party XD
China needs to flaunt his good number to the public so bad.
@@TheAsiandramafreak 假数据如果不相信中国的数据，你也可以在你的国家数据库里面可以看一下，不要总把别人想的跟你们一样坏好吗？
Regarding FDI there is one massive " elephant in the room " every analysis forgets, investors do not want to invest in a nation that is stoking war. In this case it is the conflict in the SCS and Taiwan that could drag in the US.
That doesn't make sense, considering USA has always been in war and they make the most money and control investments
@@yogeshcyr31 I was stating financial investors are scared off China because of the risk of war, this is real.
@@yogeshcyr31 I think the diff was that CCP itself can physically get pulled into the war, while, no matter what, if the US wants out of a war, they just pull their troops out. Due to their geography, there are literally TWO countries in the whole world who can even get within spitting distance of the US, while CCP is literally surrounded by people who are giving them the side eye.
美国从出生到现在有几年没在打仗，或者煽动战争？
Look you have a point but it won't really be a war as Taiwan is a tiny, weak state that is already part of China. No nation will dare to defend Taiwan with troops as they are already owned by China.
Really missed the real story on this. Most of the "properties" being built were just shells and would nevwr be livable. It was just an investment scam in reality. There are whole cities worth of these worthless shells scattered across the country being sold as future "investments".
@@BarracudaBoy by shells do you mean unfinished buildings?
@@gabrielsanchez2029They build entire cities without infrastructure to support people and buildings that are safety hazards
@@dioniscaraus6124 prove it . Waiting .
Btw u described Indiana , Texas and Florida
@gabrielsanchez2029 Shells with no provisions for water or electricity. Never made to be liveable. The average Chinese citizen doesn't have access to the stock market so they have been investing in real-estate. These companies build the shells as cheap as possible and sell them off to ruubs who think someone will buy them to finish out as their home. But of course it's a garbage construction, on cheap land, where no one will ever live. Now the system is collapsing.
@@JonySmith-bb4gxChina uncensored, epoch times, & China observer already proved in many times over with videos of barely finished buildings that are already visibly falling apart. Also, unlike China, the US actually has building standards
I see videos telling how China's economy is about to break for several years. If that is so, why USA spends so much efforts in a commercial war that harms the world economy? Shouldn't USA let China fail on its own and stop taxing and banishing their products like EV and TIKTOK? What happened with the land o freedom?
But what about the USA? The situation in America isn't pretty
Illegals
Let's keep focusing on foreign countries while we ignore our own horrific and unsustainable situation. I'm sure it'll go away if we keep ignoring it.
If the leaders of America cares the citizens of US as they worry about china there will be no homeless or drugg addicts in US
"I don't know much about economics, but the five year plan seems too be working, despite what the "statistics" say".
~Leonid Brehznev (1977).
As a person with Chinese wife who goes back frequently. It is true. While you still see foreigners going to China boasting how amazing it is, it's rotten to the core. Her friends and families are all suffering injustice living there - Housing crash in Beijing, random taxation, etc.
No rule of law, it's rule of the ccp
@@kenbehrens5778A lot of the stuff I’m hearing from the people in the comments about China sounds extremely similar to what the U.S. is experiencing. 90% of the population don’t own their homes as they’re either rented or own by the banks.
Just say china has been collapsing for 30 years
Dude, you're actually a writer, so you're good at making up stories, aren't you?
@@anselbaron6848 sure, go live there for 3 months and see for yourself. Feel free to pick the best city against the crisis like Beijing.
China is leading in everything bro
This is going to be a sign to come for Canada's housing market, especially in Metro Vancouver (3rd most unaffordable housing market in the world), where fully 20% of its entire population of close to 3 million is ethnic Chinese, and many of its property developers hail from Mainland China and they bring their Mainland Chinese business practice culture (including rampant pre-sales etc) with them.
I think that selling units in condominium buildings before construction starts is already common if not standard practice in Canada.
So I don't think that Canada needs any influence from Chinese immigrants to have such a practice.
@geofflepper3207 you do know there are Chinese developers already here doing that right?
I'm always amazed there are that many people who want to move to Canada
well it fault of Canada elite having way too much business in once place considering there is more land that not covering permafrost. the problem is that Canada elite only want to live in warmest of places and since Canada is post industrial society it make hard to have jobs in more economical locations.
Yes, let's Chinese phobia rule our hearts and mind.
No it’s not
Hoser are u here!?
Been collapsing since 2000
Collapsing upward lol.
I've seen these kind of videos since the 90s and they are still there.
It's an ongoing process. For example: Somalia, Sudan, and Congo are still countries despite their EVERYTHING being in complete shambles. In the current age where directly taking territory via war is frowned upon, countries might never just 'disappear' or collapse again. Cos back in the day, a collapse mean your neighbour moved in and took your land while your government could no longer defend it. Nowadays, what's more likely to happen is your people's living standards just steadily get worse and worse. So a failing state has a VERY different connotation than it used to. It means the people's suffering gets worse and worse with no clear end in sight. Which is more or less what has been happening since the 2000s. So yeah, the vids were more or less right.
@@herplederpledoodledoo 是嘛，过去二十年中国可谓极速发展，这就是你所谓说衰败的迹象嘛
@@herplederpledoodledoo LOL, I watched your jokes in China.
lol, China has been failing for decades, according to the media😀
No, pre COVID China economy growth was well documented even on mainstream media. What are you talking about
They are collapsing at a rate of +5.0 percent while the usa is growing at +2.9 percent? At the same time, america's allies like germany is also growing at -0.7 percent. The math is not adding up.
@@Freedom_from_imp A neoliberal brain can not understand that socialism and an economic plan works differently.
@@angusmcfife6700socialism doesn't work at all. China has only grown since their embrace of capitalism.
You do realise the difference between the absolute numbers, right? If you earn 10k and get a 5% raise, you're not closing in on someone earning 60k and getting a 3% raise. You'd have to get an 18% raise to match the other guy, and if you don't, the absolute gap opens.
@Ealsante it does not matter. The point is they are not collapsing like this video is saying. You are collapsing if your gdp "grows" negatively like the EU and Japan.
@@Freedom_from_imp
"Don't try to speak the language of logic with him; he understands it but chooses to ignore the truth. A large percentage of the comments indicate that their authors are trying to lie to themselves. This makes them feel happy and also reduces the severity of the economic crises that the United States is going through, such as homelessness and the housing crisis."
Ya'll been saying this for like 50 years, give it a rest 😂 China is doing fine.
Anyone else think it’s weird they keep posting vids hyping up the US and talking down to other countries militaries n such? 🧐
Noticed it too, cannot unseen it now. Seems like then there doing a good laundry job for USA. Its like everything perfect in USA and everyone els is faulty. This is soo Typical😂
@@thanurisi
In the East, there is a saying: 'Tell a lie until people believe it or until it becomes reality.' This means that, in both cases, these types of videos are successful in boosting morale, as China's failure helps reduce the impact of economic crises on the American people in particular, and the Western world in general ,This also ties into self-satisfaction and the unwillingness to accept that there are countries outside the Western nations that are advanced and compete with them in the latest technologies and sciences."
How they going to collapse if we owe them a few trillion dollars?🤷🏿♂️
commenting here so that I can come back to this video in 10 years to see the haters' tears lol. The West has such a loser mindset.
@@brightfrost 100% correct
China 2 trillion dollar on savings vs USA 30 trillion debt 😅
This is why dictatorships don’t work. We as human beings are constantly evolving and dictatorships do not. We need new leaders every 4-8 years to avoid becoming stagnant like China.
Democracy wont work for young country. If you like to see them poor forever then just ask them for democracy
Most of the west is griping and going down with inflation, income inequality lol they arent believing democracy themselves
@@kenbehrens5778spotted the ccp bot
Which is why Joe biden was such a gift to the west. He was a new leader greatly needed in the west. Nice and fresh, it's a shame he's not running again
And you got Biden and Trump🤣🤣🤣🤣🤣🤣🤣🤣
Theirs a list of problems is going through right now.
1. China’s population is declining.
2. The working age population is aging rapidly.
3. Young people recently graduated from college are unable to get employment.
4. China’s birth rate is continuing to decline more and more because of living costs.
5. Many foreign companies are now leaving China to find better labor and not being controlled by the Communist.
6. China’s debt keeps going up because of how much money they wasted on abandoned infrastructure and real estate properties.
7. And lastly many Chinese people are fleeing from China because they’ve had enough of the CCP and want Freedom.
If the CCP never existed, this would have been so more different in their country.
Unfortunately even if the CCP didn't win the civil war or even didn't exist then China would still be an authoritarian mess due to lingering warlords, power struggles and nationalist sentiment due to the Japanese, Soviets and Westerners. They haven't been open to egalitarian values at any point in their history and would rather try to brute force their way to prosperity without much consideration about the long term consequences.
You have perfectly described the US.
Lesser talent n insolvent people flee to US n industrialists from US heavily invested in china n start their company in china I think tht is win win situation china happy US happy
The irony is that a few generations ago China had high birthrate AND high poverty.
Now has low birthrate and less poverty than before.
It makes no sense unless poverty is NOT the cause here.
Meanwhile in China, shopping Malls are full, people are spending money and both domestic and international tourism are as popular as ever.
Hello Chinese bot.
@@nickpang4630 You can't afford a plane ticket to China, can you?🤣🤣🤣
Xinnie the Pooh has the intelligence of a court jester.
Xinnie the pooh is usa president candidate 😂😂😂😂
That's ofensive to court jesters.
To be fair the role of court jester is to keep the court/king grounded to the people.
As well as stealthy, inform him on the state of the people through their routines/jokes.
That being said china has been to focused on expansion/foreign sabotage. And because of it the people and their system have been ignored/neglected.
America is in the same boat to and coupled with our incompetence of leadership will eventually lead us to spiral too
Court jesters had to be surprisingly intelligent in order to keep their jobs without being executed.
Room temp IQ at best
Business Basics and The Infographics Show are competing who will make more china's economy collapse videos.
According to some UA-camrs: China has been Collapsing every year Since 2010.....
What! I thought the Chinese economy has already fallen like 20 years ago. 😂
In your imaginary world ? No one said that 20 years ago. Only after the 2008 crisis did some doubts arise with the shift of chinese investments toward real estate and the start of the bubble which burst a few years ago. Xi only made it worse.
Constant wish list, wish China falls but always wrong. These so-called experts have no shame!
No, Xi is not *the* problem. Xi is just the head of the party. So, the most powerful of the party, but not the entirety of it. The problem is with the entirety of it.
True but he consolidated so much power and made himself the center of so much attention that it's hard not to be concentrated on him. China was much more open before he started to exert that kind of control
No thats bs. With this degree of communistic representation the power will be focused to as few as possible. Ego is too big with any communist leader too. The one that presents is usually the one in power. Its him. He is the issue. There are no teams in communism. There is 1 supreme leadership. He cant be too literal with it because we seen what that does to rep. Just check North Korea. But one thing is sure. He basically holds all the governing power. Its just he doesnt have full control of the money and money or capital is a big part of any powerstructure throughout all of human history, communist or not. You can pretty much call him the supreme leader just a very bad not so dominant as he thinks himself one.
That doesnt mean you shouldent dissolve the party after getting rid of him. You should. From the things i learned now even the slightest whiff of socialism is trouble. The east needs to really learn that it doesnt work. The west must relearn it. Dumb kids these days.
We're likely to see a stagnation at worst just like what Japan has been experiencing in the past 2-3 decades. Its hard to see a collapse when they still surpass expected targets
You Americans have been saying this since 2019. Get over it already.
I haven’t seen a building that’s under construction get destroyed in America because the company can’t keep paying for it…
Also our rockets are actually filled up with fuel, not water.
@@rttrttyan They tend not to land on people's heads, as well.
I thought china already collapsed some 1,2,4,7,10,15 years ago and some 1,2,4,7,10,15,20,40,100 years ahead 😂
I mean… obviously. China is not a rich country because of the quality of its economy. It is a rich country because there is a gazillion people. There is a reason why the average Chinese person is just above the American equivalent of poverty. And the one China policy is at the beginning of addressing China’s gazillion people benefit
I nearly did a spit take at "unapproved statistics"
This is a norm in China.
All statistics (including that 5% growth thing) is completely fake and uncovering the truth is punishable.
This title seems to be 20 years old.
Been hearing this for over 10 years. Yet they keep on going...
30 years
State&church never seperated with these kind of people. When you know you know.
Look, Rome was literally on fire half of the time, getting ransacked, invaded and pillaged by outside forces and they decayed over two decades+. Nations don't just fall apart overnight. 10 years is long for a human, but the blink of an eye for empires.
30年了
Of course they will keep going. They have been raising and falling, splitting and uniting for last thousands of years. Once was a richest country in the world, once the poorest country poorer than most african countries. A country with 1 billion people wouldn't disappear. They will exist. Will rise again and will fall again like any other country
They bit the hand that fed, so now they starve :/
😊😊😊😊😊
China economy failing since the nineties. According to many Chinese experts. Chinese still make up the most number of tourists travelling all over the globe and their car market is still bigger than US and Euro combined. The 2023 Eorld Hunger Index , China is one of the 20 countries that have a low GHI of less than 5. 0 means no hunger. It means Chinese are generally well fed.
@@kamsunleong6648 then why chinese going to mexico us border to migrate illegally
@@kamsunleong6648 Everyone in China was buying cars because literally nobody had cars just a few decades before. Meanwhile in America everybody started buy-in cars more than 100 years ago. Basically the Market is already saturated to some degree. China is literally 100 to 50 years behind the developed world. Subways? England has had them for 150 years. China mostly just the last 10 to 18 years. High Speed trains? Same story.
@@arthurblaze3931 😆
Another year another "why china economy falling"
The thing is that i ve seen these analytics 12 years ago. But nothing really happened to China since then...
It's true. I'm Chinese. China's economic level and national development are even getting better and better year by year.
@@彭嘉敏-m1r I've been living in China for 17 years. And I've seen an amazing progress that it went through.
Over the years I’ve worked for several manufacturing companies in unrelated industries. In my experience the price of Chinese goods have gone up while the quality has stayed the same, ie bad.
In 2006 you could import 30 Chinese doodads and 25 would be unusable, but they were so cheap it didn’t matter. Every year prices have gone up, so either my companies buy from other countries or *GASP* manufacture the doodads themselves to higher standards.
This is consistent with other data.
Chinese cost of living (and cost of production) has gone up by orders of magnitude while quality level have not improved as much. China is not cheap anymore, but it is still low quality.
This is the reason why light industry (i.e. garments) is rapidly migrating out of China and into Viet Nam where manufacturing is still cheap.
I work in manufacturing.
We design products, manufacturing process.
Buy machines to manufacture, inspection equipment to measure (quality control), Chinese companies just provide factory & people.
We own everything.
This is why people are moving to other countries like Vietnam and Mexico as stated in the video. If you watched the video, you'd realise it's because they are moving to the next stage, ie. producing expensive Chinese made products instead. This is how you make money, not by producing $8 toys patented by other countries. Their cars are taking over the world which is why America is so scared, they want to put 100% & 200% tariffs on Chinese cars as their cars cannot compete with them as they are better and cheaper.
@@elitechampionChinese cars are subsidized garbage. America wants to tariff them to offset the market manipulation caused by the CCP subsidies meant to undercut the market and increase market share
@@elitechampionI would be highly skeptical on buying a Made in China car. It’ll take awhile to get they Made in China stench off.
i personally feel chinese economy will come to a stalemate by 2040 , due to its growing older population combined with chinese politics stagmentation , it will come under just 2-3% real GDP growth after 20 years or so
The same story everytime. People will look for cheaper places to build their products. It has already started to happen.
@@thekingofkingsrp
Mexico
With a reducing population plus bad economic policies and corruption I see a negative economic growth in the next couple of years in China👎👎👎
It’ll be sooner than that.
@@后宫后China is too stuck in a centrally planned economy to allow its highly educated youth to flourish. The hierarchical society stymies innovation, and even when a unicorn emerges like Jack Ma's Alibaba, it is quickly regulated to conformity.
Can you do one over America’s economy failing over political turmoil now?
You drew dictator xi too thin. He looks like Winnie the Pooh irl. And that’s an insult to Winnie!
Taiwan part of China lol
There’s a saying in America; politicians and diapers should be changed often, and for the same reason! Government of the people, by the people, and for the people, not nobility and serfs! 😤
Hopefully America won't reuse the used diaper from 3 years ago
@@kleec495 If the sheer panic that's going down is any indication, things are looking, if not up, at least in an un-downward trajectory.
America change faces but Foreign policy stay exactly the same and so does everything else. Wanna know why? Cuz the people actually in charge never change.
I wonder what kind of videos the Chinese infographics has made on the USA 😂
You keep using a normal looking guy for Xi in the cartoon. Should use Winnie the Pooh instead.
😂😂😂😂😂
It'll be grounds for more censorship though and the CCP will spin it in a way that this video is some sort of nonsense hate bullsht so presenting Xi as a normal looking dude instead of Winnie the Fraud was the right call 💪
@@zaytime4156 dude why are u referring to trump
Wouldn’t want Pooh to make a copyright claim
@@Leslie-zn9ly winnie the pooh is trump
And people in the US think socialism/communism is the way to go. Absolutely crazy.
Nope
Communism IS THE way to go
China is no 1 economy
USA is no 2
As a Chinese , long time ago, I didn't like the gov .
But as I saw you Westerners hate CPC and XI so much, I began to support them.🤣
I know what kind of person you are.🤣
China learned one thing: your's remarks are meaningless. You just like to waste time and do nothing, but China won't. China can build the railway in nine hours, and you will waste nine hours discussing the name of the railway. Go on with the discussion in your, and then do nothing.😊
I worked in construction in Canada for a few years and it's exactly like this . The poor pay , the corruption, the way they sell the houses Early .. its scary because we also have a bad prime minister currently who is in the process of messing with the housing market by selling out to foreigne investers , it's exactly the same
You don’t understand.
In Canada do you start paying your home loan before the construction starts ?
In China people take a loan, start paying monthly installments before even construction starts.
American/Canadian construction workers can't afford the homes they build either. That was one of the big points about China that he (supposedly) made. What good does it do to make $100K/yr, when mediocre 1200 sq ft houses in many cities are going for $700 or $800K?
Trudeau is (insert censored words here). Much of the enormous damage he's done to Canada can never be repaired.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Evelyn Infurna. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
I know this lady you just mentioned. Evelyn Infurna Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Evelyn Infurna has demonstrated expertise in investment strategies n has been involved in managing portfolios and providing guidance to clients.
Evelyn Infurna Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
She hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I’m stoked because I’m heading into retirement with almost a million bucks in my portfolio.
This is interesting. I heard a lot about the same person not long ago, please how can I contact her?
SHE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.
This is one of those videos which is made to give a lollipop to the Westerners and the Europeans 😂😂😂
Jealousy and non stop lying about countries that they aren't able to compete with is very bad for their brains
Ah yes another part in "CHINESE ECONOMY IS DOOMER!1!" Santa Barbara series
Not only China, there is a global slowdown...
Due to high inflation worldwide...
Inter-state conflicts, wars etc...
"Wow, I never thought I'd see the day when China's economy would be under such scrutiny! I've got $234k sitting in my emergency fund, ready to jump into investments. But seriously, watching this makes me wonder where to start. Any hot tips for a guy looking to turn his stash into a gold mine?
I hear you! China's economic woes are quite the spectacle. But hey, instead of going solo, why not consult an investment advisor? They can provide personalized strategies that might save you from some potential pitfalls. Just a thought!
Absolute power corrupts absolutely especially when Xi's on top
My mom and my Dad both have half of their salaries cut off. They are both public school teachers in the East coast of China.
East coast？ China do not have West coast. It seems you don't learn geography very well.
Meanwhile, the US is nearing a recession 😂
Watching this video from China 😅
How you get by the censorship?
@@nickpang4630 Tourist Data only sim card
@@nickpang4630 Buying a VPN in China is as easy as buying marijuana in the US😂
@@nickpang4630 people always been wrong about the internet wall blocking chinese internet user to access international internet.
The thing is that is not unbreakable wall, is a fence that can easily get in and out.
The biggest problem for it is that it never really understand how China system running, if all of those things could make China collapse, it have already collapsed several times in the past decades, the main reason is not happening is because China has very strong resilience. The only way to expect China collapse is only China itself has very aging society
And now China itself has rapidly aging society.
Yes the Chinese economy has been failing according the west since early 2000s, except it has just been growing
Every year I see videos on the same topic 😆 China's economy is definitely going to crash next year!
No, the economy is CURRENTLY crashing. Remember, the CCP clamps down on all news that flows through the country. Just look and how much they tried to clamp down on the phrase “Trash Time.”
I also suppose you weren’t aware of the Tigray War in 2022 where 500k people died in one year. After all if you don’t hear news about it, it must not exist…
Before COVID all I can realistically hear is how China is gonna best US in terms of GDP, when the US is gonna collapse, etc. Idk what your recommendation feed is but it sounds like an anti-China bubble
They depend on one man. If that man is not good enough it is a big mistake. Leader thinks that his whole country is his private property. China belongs to people like it is in name( People's Republic of China),not one man . I respect chinese people.
Don't believe everything, you are told...Especially not from this UA-camr. The world and also China is far more complicated....
@@achimelale9974 I understand. I don't believe everything.
American companies should pull out of China carte blanche.
They can try . 😂😂😂😂 won't work
@@ZakiHaider-y9o Why not? There are plenty of countries that offer the cheap labor that is ultimately China’s primary value of the world economy
@@joshbarker4953 nope . China greatest ability is defeating usa twice .
Usa is in debt to China.
@@joshbarker4953they tried . They lost big time and laid off 500000 Americans 😂
@@JonySmith-bb4gx when did that happen?
Evergrand is also bankrupt. You forgot to mention that
Every single one of large real estate company in China is insolvent after Xi's 3 red line policy abruptly cut all their funds. Country Garden defaulted on most of their oversees obligations, all others will follow as all their delay tactics runs out. Their cash flow is halted so they do not have money to actually build to just fulfill their existing promises, let alone new ones. It does not stop they trying to sell unbuilt houses but with almost all construction effectively halted a lot of Chinese are able to see through the censorship enough to not give them money.
Ok and ?
Are you suggesting that Evergrande going bankrupt has no relationship with a video about China's economic problems?
Old news at this point.
China decided to take them over rather than bail them out.
While this tightens their grip on power it doesn't really solve the indebted property sector problem.
@lordhanson476 this Video mentioned Evergrand one of china's property developer but never mentioned them being bankrupt. People lost millions
As a Chinese, I'm amazed by how "true" videos like this are, it made me sad as a citizen of the world.
UA-cam is banned in China. You are not "Chinese", as in living in China. Or if you do, it means you work for the government.
@@ME-jh2kf Oohs, guilty as charged! I'm agent Gordan Chang, can you take your med now?
@@ME-jh2kf Actually you can use VPN to access UA-cam and use it normally from China.
@@ME-jh2kf😂😂😂煞笔
Nice try CIA LOL
I have been hearing this collapse story for the past 15 years😂😂😂
The problems mentioned in this video are faced by every country. This cannot be the reason of the downfall of China.
This video is so American, may as well say "produced by NATO"
No remarks on how communism never works.
Exactly. But there are "intellectuals" in the western world who claim "we just haven't gotten it right yet." Failure after failure should be a lesson in, "it just doesn't work." Communism and socialism sounds good on paper, but human nature ensures that it just cannot work. Because people look out for themselves, and that is antithetical to communism and socialism.
Communism in practice is about preserving the party and executing party lines by its party members; it has never been about for, by and of the people.
Now China is going for communist totalitarianism, as this vid correctly pointed out.