Just think for a moment, the US spends $1.2 - $1.4T annually on the military, China spends maybe ¼ as much on the military and $1T on infrastructure, how hard should it be to figure out which economy is more durable?
US has not even donated even a small several million for the wildfire destruction in Maui. I was just there a week ago! But hey Ukraine and Israel foreign countries located thousands of miles away they're more important SMH!!
@@ryuseioh3507 I think it was Eisenhower that compared military spending to infrastructure, how much of America could have been cleaned up and rebuilt with an aircraft carrier or the trillions spent annually on the military, especially when you consider that the US has 3000 mile moats on two shores, a 3000 mile buffer on the north border called Canada and only Mexico on the southern border, there is no military threat. Money could also be spent rebuilding the countries in the south so there need not be migrants, they could live in their own country and not even want to move to the US. If all that military spending was put to productive use, China would no longer be a threat, the problem comes down to 'If the only tool you have is a hammer(the military), every problem looks like a nail(need for a war)!'
@@L98fiero The US strategy for getting ahead isn't in helping others become self-sufficient; it's in screwing others and making them dependent on US aid.
Why would they spend money to the local infrastructure if capitalists/globalists see the entire world as their economy - this is just waste of money for them.
I'm starting to feel like I need to learn Mandarin and tune into more Chinese material online, and ditch the heavily biased western media that doesn't add to the world through gaslighting and lying for a living.
It might not help -- there are lots of psyops/awful sources in Chinese too. For example, the falun gong cult runs a lot of youtube channels, and their ultimate goal is to eradicate race mixing and install their cult leader as the supreme ruler of China (they won't tell you this on their channels though). If you went onto actual Chinese websites though, like bilibili, it would be a different story, but those websites tend to work pretty badly in the West. The best way to understand China is to go there for yourself.
I don't think that the US government underestimates the capacity, the productivity and resilience of the work force in China. On the contrary: they are perfectly aware of this. That is the reason why they are so fearful of China and do everything in their power to slow China down.
The US government fears that the method they are using to governing the American people will collapse because of the success of China. Same with western Europe, that is the root cause of western government hate Communism/Socialism so much, because it disapprove their method, those powerful people hate to be replaced.
I remember reading the post of some septuagenarian who said that he's old enough to remember the same language was being used against the Japanese during their economic boom in the 80s. Namely things like, "The Japanese are taking our jobs," and other stuff like, "The Japanese are a threat to our security." Then all things suddenly went downhill for the Japanese economy (not a coincidence of course). Sounds similar? Because the same terminology is nowadays used against another East Asian country which America itself helped to build up then put the blame on for rising as a global superpower. Americans think their jobs were stolen, when the reality is it's not China that came to their doorsteps and started suddenly taking their jobs, it's American jobs that were shipped overseas to China by American companies. America sees any other country that rises as an economic powerhouse and a political superpower as a threat to it's hegemony, it's never been about national security and all that bull-crap.
If you visit China today, you’d see how prosper the Chinese live. Loved my vacay there. Shocked to learn just how much our government has portrayed China all these years. Wonderful place, people, culture. Oh by the way, ultra low crime rate. Stark contrast to the states.
I have hope in the younger generations in the west, when faced with competition from Japan, people in those days hated them and everything, but the generation grew up awashed with Japanese products came to adore everything Japan. The younger people already have a more positive attitude towards China with all her advancements!
@@pcstar123 It's different now because the US spends $90-billion a year on propaganda to slander the chinese and create xenophobic hate intentionally. The US did none of that with Japan because there wasn't the budget nor especially the almost-global digital media control the US has today.
@@pcstar123 No they really havent hate to say it, most view China as the enemy still. They shout buzz words like ccp,communism, theres a reason for Japaneae influx in media and South Korean.Think who is there master, think how powerful media is and how it can be used too get a population to associate whos bad and good.
There are many disagreements among Chinese, but the inherited wisdom of finding solutions rather than being emotional, is an important factor they do become the impediment to improvement.
I think you overestimate China's homogeneity. There's tens of millions of non-Han minorities, and the Han themselves have several dialect groups that are not intelligible to Mandarin.
And IMF and World Bank help poor countries by lending high interest rate and restrictive covenants. Will UTube delete this comment? Bcos' Utube is complicit and help block/censor the painful truth.
China is leading by example. With socialist SOUL not imperialist domination. ❤ go look for yourself. An aspirational people, a good and growing society.
My Chinese masseuse said the opposite ,he wants to live in Australia,not china,because in his words ,Chinese are “dead” inside,socialism is not some utopian fantasy,it’s a godless empty place
Fear is the only reason the U.S. wanted to contain China. When tariffs failed, technology sanctions followed. When both tariffs and sanctions failed, de-coupling became the buzzword. And when de-coupling was found to hurt the U.S. economy more than China's, it was changed to de-risking which in effect means a "slow de-coupling" until a more appropriate time. And now, fear has invaded European minds and the Europeans want to adopt the American low-life tactics. Twenty years ago, American muscle cars and reliable Japanese cars plus reputable German, French and Swedish cars and even newbies from South Korea were selling like hot cakes in the Chinese market and each and every maker made a fortune in China. Nowadays, however, the U.S. has no hope of selling anything to China -- not only industrial products but also agricultural produce which are easily replaced by many other countries around the globe. Sooner or later, the world will be divided into 2 camps: one that embraces worldwide integration and the other a closed economy that fears competition. The acceleration of the de-dollarization movement will speed up the divide even further, to the point that it may break the world monetary system in half. Perhaps the "coming collapse of China" can somehow soothe the overwhelming anxiety of the West?
I call it the "Tanya Harding" when you can't compete, then resort to dirty tactics (knee-cap your competitor). I think a very appropriate story for the US v China is "The Tortoise and the Hare". The U.S. being the Hare. Who felt so confident and arrogant that it felt it had time to go off track and do other things (costly wars) ignoring the competition. The Tortoise on the other hand put its nose to the grind of the race and dedicated itself to the goal of the finish line (developing China into a modern advanced economic powerhouse). By the time the Hare realized what was going on it was too late. Welcome to 2024. PS: agree 100% on your comment. I would add that with BRICS there'll be many formerly western states who were vassals of the U.S. will be swinging towards BRICS. Especially Eastern Europe as they will want Russian energy and China's BRI /SCO for their economic stability and development. I also think after new leaders Germany and France will also want re-establish cooperative economic relations with both Russia and China for the same reasons as Eastern Europe. I would bet even Canada will want to be forgiven and accepted in.
The US can and does sell a lot of big expensive farming and heavy equipment to China. They love John Deere in Xinjiang where, contrary to propaganda, they love & use American combines to harvest world-class soft cotton instead of harvesting with Uighhur slaves. The US also used to and still has the potential to sell more software and semiconductors to China then anyone else, but refuses LOL.
A nation with PHDs and labs that are producing can never collapse. The Chinese are not out of control like western Europe. In the European mind, all they see is negativity about others and admiration for themselves, with nothing to show for it.
I didn't think anyone in the West was allowed to praise CHINA's advances, in nearly every advanced field. Nice to know their are still some peole left in the West who still tell the truth.
If China has been around for 5000 years what has taken them so long to be successful? The last time China was great and lead the world in anything was over a 1000 years ago. When all your neighbors hate and fear you, you build huge ghost cities, dams that crack, and your people are so fed up the just lay flat. You aren’t doing something right.
@@RobinsWood1, all are correct 😂. Congress even passed a law allocating $500 million to write negative news, reports, stories, anti-China propaganda, etc.
The US used to have one powerful enemy, the USSR, for which it preoccupied itself with an arms race and other containment strategies against it. It was known as the Cold War. But alas, it was so lucky, the USSR collapsed by itself. So, the US had free rein globally for some years with no challenge. It helped poor nations, particularly China, to join the WTO. It looked down on the Chinese as backward people who would need centuries to catch up. China opened itself up for foreign investments, and that's when it progressed very rapidly. Even during Obama's time, I remember hearing him say that China's development at that time was about the same as the US's in the early 20th century. So, no worries, it will never catch up. But he was wrong. Now China is so far ahead of the US in almost every field that it is too late for the US to slow it down, let alone to compete. So, some Americans, in frustration and panic, started to fantasize about a similar collapse experienced by the USSR. That is mainly because the USSR was a communist country. They ignore the fact that China has a very powerful hybrid economy which has never been known in the world. It is so powerful that it eclipses the Western capitalist system. The US government has never had experience in handling situations like this before. So, starting with Obama, they devised all kinds of containment strategies with no success, but some backfired badly. On top of that, China's relationship with Russia, together with BRICS, has become a real threat to the US's future.
Similarly, the US is likely to collapse on its own instead of in a war against Russia, China, and the growing BRICS+ alliance. But the US knows it's mathematically certain to economically collapse soon so it's trying its hardest to start WW3 as fast as possible in some scheme to save itself economically via the military conquest & imperialism model of forcibly extracting all the wealth of others via its conquests.
China is not a communist country anymore except in name. It's actually a more democratic country than most of the so-called democratic west because the government tries to respond ot the needs of its constituents instead of abuse them in favour of corporate cronies & oligarchs as in the US today. It wasn't always this way in the US but we have lost our way, badly. Also the EU is less democratic than china as the EU's power brokers are all appointed and the Eurocrates aren't accountable to anyone. China's leaders are selected by representatives put there by local people, not unlike a parliamentary democracy, except in China it's a uniparty system as in several other "democratic" nations including Singapore where I now live. I'm done with my homeland, sadly.
So agree with your comment, except the part where USSR collapsed by itself. It has been a globally known fact that USSR downfall has something to do with US and CIA.
true. the result is that the cost of equity of Chinese public companies are very high relative to those of the US and Europe, which is a distinct disadvantage in the global capital markets. It became even tougher when the international debt capital market is effectively closed to the Chinese companies, or, even if it's open, at a very high cost.
Yes but one major difference is that China produces almost all of the real value added affordable products that the world needs whereas the US doesn't.
I visited China last year to see if they are collapsing in the last 20yrs, they are still moving along nicely. Beautiful infrastructure, amazing landscapes, transport efficiency, people are rich, high tech, all the cars on the road are brand new, high end vehicles. Seeing is believing. Don’t listen to all the BS lies in Australia or America. Go visit yourself, very safe and clean.
@jsyo ..., " Go visit yourself..." They can't. Most, 70 -80% live from paycheck to paycheck without even $400 for emergency use. Sad. 😢 And under credit card debt trap. Poverty is a serious problem in US. That's why they rely heavily on news media but all they get are BS, lies, fake news, and anti-China rhetorics.
You are right sir although I never been china but in videos are apparently real and amazing infrastructure although not English speaking but it's looking comport. Everything is easy transaction thru higher technology so advance ,that's why when western saying China is collapsing for me it's an laughing stuck..
@@Orlando-r1ufunny because the last few years there’s been a large migration back to China and abandoning of the racist, backwards, brainwashed, angry, bitter, resentful, ignorant, violent, crime ridden, guns, drugs, abusive corrupt cops, a society of hostilities, filthy dirty run down cities with streets filled with homeless citizens. Yeah There are a few that think the U.S. is still what they believed growing up, but those US halcyon days are gone.
Glad you mentioned Mr Gordon Chang. He was a practising corporate lawyer in HK with Baker MacKenzie in the late 90's. That was a period of booming China related commercial activities. Something happened to him around 2000 and then he started this "China will collapse soon" rhetoric in 2001. His prediction is a full adult now and he hasn't mellowed down a bit. There are surely more meaningful things to do in life, Gordon.
From ASEAN. Note that all Asean countries are taking extra classes to learn Mandarin. In Malaysia , the local Malays are putting their Sons/Daughters into Chinese Schools. Other races like the Indians are also doing it. In Thailand many workers are taking up extra lessons in Mandarin. Indonesia are introducing Mandarin as an optional subject in their schools. ASEAN nations know where their future lies ... That is CHINA.
@@Learner5555 DEFINITELY not from the Arrogant West! Anyway he did say he was from an ASEAN country, which is the economic cooperation organization between South East Asian countries.
US Empire has a peculiar sense of reality. Imagination of the Rulers is its reality. Magical thinking is how reality is changed. This is why propaganda and conceptual management is so important to the Rulers of the US Empire.
@@HeresMyViewDo they also frequently threaten you to close your account? There are words I can't even write anymore because my comment will be automatically deleted and I promise you they are not swear words or anything(Israel is one of them. I guess it's because I can't stand those thugs. Let's see if this comment goes through) 😂😮
China progress has benefited a large segment of their population, and now the world with the BRI initiatives, while in the US it is the exact opposite.
The Chinese economy is looking good, the western economy is collapsing. The Chinese economy is transforming into a new industry and is growing anyway from cheap non quality goods 👏👏👏👏
The following article is written by Ismail Bashmori, he is an Egyptian China watcher. The truth is that China is the greatest country on the face of the earth. It makes all other countries look insignificant and contemptible. It is the most brilliant, most industrious, most ambitious, most educated, meritocratic and technocratic, most modern, sophisticated, and civilised, and best-governed by far. It is the first non-white, non-Western country to reach this status since the 1600s. The determination of this country is indescribable. Supernatural. There is no force that can stop it from accomplishing anything it wants to do. 。 It doesn’t matter who we are. Egyptians, Syrians, Pakistanis, Indians, Africans, even Americans. Next to the Chinese, we are pathetic. We can’t do what they do. We would have a mountain, an Everest of changes to make, and we would whine and bicker and fail at every one of them. China’s story since the 1980s has been one of an almost divine metamorphosis. 。 Next to China the entire Western world from Alaska to New Zealand has stagnated. Next to China the entire developing world from Brazil to Madagascar has progressed only at a crawl. China is the mother of all gargantuan bullet trains. Every day it manages to create something new and astonishing. And unlike the United States, unlike the British Empire, unlike the French, Dutch, Germans, Spanish, Portuguese or any other Western nation that had its turn at being a superpower in the past four centuries, China doesn’t need to run anybody over or take something from somebody else, to rise majestically. China is also standing up to the West all by herself. The West can’t believe their four-hundred-year-old global supremacy is being challenged. They hoped that the more China developed, the more it would submit to their influence, interests, and leadership. That didn’t happen. So now they will do anything possible, short of a nuclear war, to make China end. Their goal is to destroy this country. That’s why, although the United States has killed several million people and turned several regions of the earth into hellscapes. China is the worst fear of our planet’s Western masters. They want you to despise and dread a country that’s done nothing to you, that hasn’t invaded anyone, bombed or sanctioned anyone, that hasn’t overthrown any foreign government, or used its military on anything since 1979. China is the only major country in the nonwhite developing world, to stand up to the West. To look it in the eye when challenged or threatened. The Global South are simply Western puppets who submitted long ago. Even the most powerful ones. Saudi Arabia, Brazil, India. Above only part of the article, you can read the full article under the following link. www.dailyexpress.com.my/read/4459/west-can-t-believe-nor-accept-china-s-progress/?fbclid=IwAR3aJYSZC3rbUgM1NwHCO73XxnNzNkJPa9wrSsFp-4KMxTozuJiHBwLJDXU
All large nations and empires, eventually have to face their own demise, hence the panic of convincing their public of fear, labelling other countries as ‘enemies’ and sending out screeds of false accusations.
right so the ever increasing number of homelessness , the ever increasing amount of crime in large cities, the migrant problem that's reaching a boiling point, the fact that rent is unaffordable for well over 3/4 of the general public, the fact that we're further divided than ever before by race, the fact that schools are pushing the idea that there's 500 genders, the fact that we have all these problems yet still look the other way meanwhile sending billions to foreign countries like Ukraine and Israel meanwhile neglecting our own people just like we did with Maui! yeah I'm sure China is doing bad atm. oh wait what happened to Sears, Kmart, and a bunch of other stores and businesses. but hey what do I know China bad lol.
The staggering amount of daily Western lies, deceitfulness and duplicity when it comes to news about China is to induce negative public opinions about the country. Another goal is to tell international investors not to invest in China and negatively influence the Chinese stock market. Only the last point has worked so far. Recently I notice here on UA-cam alot of first time China visitors happily posting their vacation videos about the country. China has significantly reduced VISA restrictions and I expect a travel boom with countless of people debunking the propaganda the've been fed all these years.
How can they debunk the propaganda. What propaganda? Never read an article saying China has bad infrastructure or a terrible culture…..surely they are allowed to criticise forced camps, covid cover up, treatment of Peng Shuai, modern day slavery in China……
Described by Bloomberg as '"remains in the doldrums". US third quarter growth in 2023 was about the same 5.2% and described by Reuters as "blockbuster" growth!
@@Zerpentsa6598 12% of Americans were pushed out onto the streets in 2023.. Yet the media continues to bleat about how good the economy is. It doesn't add up.
@@Zerpentsa6598 US ended with about 2.1% overall for 2023 and apparently they are doing well. But China and Russia are collapsing with 5.2% and 3% each.
The Soviet Union posted a 4.2% GDP growth rate in 1986. Communist countries lie to themselves near the end. There is a reason the CCP will throw you in jail for publishing data that doesn't support the GDP lie. Its like Bernie Madoff as a dictator.
Same thing with Russia. We are two years into 'Russia will collapse anytime now' but IMF now expects it to outperform W.Europe this year. Politics is a dangerous thing to the mind. Clouds the judgement of even professionals and specialists with decades worth of experience.
My spending habbits has confirmed what he was saying, initially all my electronics and gadgets are western, Japanese or Korean brands. but today, some of most expensive things at home are Chinese brands such as DJI drone, Dreame Robovac, Xiaomi flagship phone. I am also seeing friends and relos started buying Chinese cars...
I'm A western man and I have never believed what the press says about China. I always discard what Chinese media says as well. My view is China is not understood well in the west, it's not the bias alone. The economic laws in China have different pace compared to the midsized western countries.
Thanhk you. I don't understand why so much negative narrative about China. If they are successful we should learn from them and compete fairly instead of trying to slow them down and putting hurdles.🤔🤔
A few years ago I went to China. Beijing has 20 million plus inhabitants. It is safer than any city in North Western Europe with more than 1 million inhabitants. China is not just an industrial economy. China is also a SAFE tourist destination !!!!!!
The manufacturer being built in Mexico 🇲🇽 belongs to Chinese investors as well, it seems that you can’t do anything in this world without china anymore which is something great to witness…
Yes same wirh stock market crashes in the US. They don’t just pick on China. They continually predict. So what. Chinese channels are so sensitive. Every country gets endless criticism
The 'democratic' process may have given rise to a sub-culture in the US that you can only say bad things about your opponents whether you are running for office, operating a business, or even running the country. You emphasis how great you are, without weakness, and how bad your opponents are, without any merit. The results is that you do not see your own weakness. There is no need to improve since you are great and your opponents are weak and bad. China was so behind that there is no choice but to admit its own backwardness and thrive to improve.
Meanwhile EU and Germany are in recession as at Q4. 2023...Japan GDP decline by -3.2% in Q3 2023 and -0.2% in Q4 2023 and is now only 4th largest economy and Germany is now in recession as of Q4 2023!!!
Yeah, I am sick of hearing the collapsed of Chinese Economy. I heard that 10 years ago and until today there is no sign of collapsed at all. I am sorry to see them making a fool out of themselves. Recently, China's biggest property company file for bankruptcy which many economist confirmed will bring down China. Too bad China is still cruising at 5%+ GDP in 2023. And the forecast for 2024 is 4.6%. It simply means that many doomsday analysts do not really understand Economics 101.
It was not low cost labor that allowed China to accelerate to become what it is now. Failed attempts to move manufacturing to India (where costs are even lower) proved that. What China has over other nations of robust population density: 1. Robust education system. Which has created a robust educated body of civilians. (A massive educated work force on all levels.) 2.Robust Infrastructure development. 3. Decent social safety net. 4. Competence in Ability to ensure social safety (without carpet bombing other countries and creating a debt&inflation as a result of constant wars.) 5. Incentives form the top down to create jobs and distribute wealth. *something we don't usually see here in the U.S. (and as far as I can tell, in Europe as well.) Where, Money is generated and gets stuck at the top, right out of the mint press.* Second, labor in China are not low cost. It only seems low for western nations. Where inflation, creates indefinite surges in cost. Because china's inflation is low and cost of living is lower than that of nations with never ending inflation. Living wages does not need to play catch up to the politics of inflationary economics.
The people that say China is going to collapse are also the same people heavily invested in China. Everything is on the verge of collapse when they need to buy more shares. 😂
Min 4:17, the Chinese work ethic is a critical advantage highly neglected in almost all opinions on China, even from pro-China media. I guess western media takes for granted that mediocrity is OK, but I think the western work ethic has already fallen below mediocre. I've lived in the USA for more than 2 decades, in different regions and I can say as a fact that the American work habits are awful. There's no reason to expect much more from elsewhere. There's no space here to elaborate my point, but a bigger problem is that Americans stopped admitting this problem maybe about 2 decades ago. And not only they stopped admitting this problem but it may be banned altogether from being discussed as it it will offend some people, this is from the society that brags about freedom and democracy to the point of using as an excuse to invade (=mass murder and looting) others nations, from which Iraq is only one into many. Whenever Americans do admit laziness they direct it only to the youth. It's not just laziness but flat out corruption and literal filth. Again, I'm not talking about the government, I'm talking about regular American people, of all sorts. Just to start check videos on how awful the new American houses are being built and you'll be appalled. One case in particular is D.R. Horton's houses, Mary Betsy has exposed them at large here in UA-cam, her video is titled New home NIGHTMARES with America's biggest builder D.R. Horton
While other countries still debating the EV 10 years ago, the Chinese government has already made the strategies and policies, and Chinese private entrepreneurs have already searched the world for Lithium minerals. The Chinese government also promotes building millions of charging facilities around the country and of course, increases the power supplement capacities.
the Western media never mention the Chinese patent registered has passed USA since 2010 and now account for Half of the world! who ever has more inventions and plus skilled labors with reasonable cost will lead the world manufacturing. Moreover, China is the biggest consumer market as well!
I still remember when western media says russia have lost 87% of their troops, yet the war is still going on, very typical western media, including about China, most legendary one is about xinjiang hahahah
the only Hermes and Luis Vuitton's outlet where we must queuing is in China. until now we still can see people lining up infront of the luxury outlets. now sure how people say it is a sign of collapsing
China stock market's recent going south is a big story. Property bubbles in China is abig story. In my opinion, they are truely big stories as the chinese government made a prudent decision to let market correction themselves and took care of public money to the public projects, not to support those lousy wallstreet-styled investors. This is truely a good news. The recent stock routing is because they learnt that their money gone for ever, not a penny from public coffin. So they decide to wreak a havox by selling to get still remaining profit as fast as they can.
also available: "imminent collapse" of the US, the UK, Germany, Japan, France, Russia, Iran, Pakistan, SA, NK, etc. etc. there are slways people who like to predict a collapse, for various reasons. i'm old and have learned to take these things with a grain of salt.
The US and EU closed down their manufacturing and moved it to China, now they are sinking in debt and China is booming and got piles of cash to invest around the world. Who would have imagined ? some certain people in Europe and the US have personally made hundreds of billions from the process.
Work ethic, resilience blah blah blah, just nobody mention the S word. Socialism. Turns out it is working better than hyper imperialist unrestrained capitalism. I'm sure Americans would have better work ethics if they weren't struggling for housing and healthcare basics.
The US Empire is unsustainable. The US needs to come to terms with the changing world. It is OK to be a normal country and the USA will still be a very wealthy and strong nation 🤣
China's real advantage is that people actually work harder, while in the US people keep coming up with phrases like "work smarter, not harder," except none of those pushing that phrase ever got smarter, just lazier. If you don't put in the work, there isn't a pool of the stupid large enough to pick up all your slack.
Western citizens should think carefully from following those ideas of propaganda and political wishful interests of the few who are not in the interest of their citizens but after themselves
Many people who have made money in the past 20 years keep writing books or articles on the COMING COLLAPSE OF CHINA. Maybe I am stupid, I really don't understand about a country's economy slowing down but with money in the bank compared to a country with economy going up by borrowing money and no money in the bank.
In 2022, Henan's GDP jumped 3.1 percent year on year to 6134.505 billion yuan, exceeding 6 trillion yuan for the first time, said local authority on January 21. (Chinese source: Henan Daily | Reporter: Li Peng | Translator: He Menghe) The gross domestic product (GDP) of central China's Henan Province increased 4.1 percent year on year to 5.91 trillion yuan (about 832.23 billion U.S. dollars) in 2023, according to a provincial government press conference. (Chinese source: Henan Daily)
Just think for a moment, the US spends $1.2 - $1.4T annually on the military, China spends maybe ¼ as much on the military and $1T on infrastructure, how hard should it be to figure out which economy is more durable?
US has not even donated even a small several million for the wildfire destruction in Maui. I was just there a week ago! But hey Ukraine and Israel foreign countries located thousands of miles away they're more important SMH!!
@@ryuseioh3507 I think it was Eisenhower that compared military spending to infrastructure, how much of America could have been cleaned up and rebuilt with an aircraft carrier or the trillions spent annually on the military, especially when you consider that the US has 3000 mile moats on two shores, a 3000 mile buffer on the north border called Canada and only Mexico on the southern border, there is no military threat. Money could also be spent rebuilding the countries in the south so there need not be migrants, they could live in their own country and not even want to move to the US.
If all that military spending was put to productive use, China would no longer be a threat, the problem comes down to 'If the only tool you have is a hammer(the military), every problem looks like a nail(need for a war)!'
@@L98fiero The US strategy for getting ahead isn't in helping others become self-sufficient; it's in screwing others and making them dependent on US aid.
Why would they spend money to the local infrastructure if capitalists/globalists see the entire world as their economy - this is just waste of money for them.
@@L98fiero, it is money laundering scheme. They can't survive without it. Many yrs ago, someone said War is a racket.
I'm starting to feel like I need to learn Mandarin and tune into more Chinese material online, and ditch the heavily biased western media that doesn't add to the world through gaslighting and lying for a living.
Feel free to contact me for Chinese lessons, I’m a certified Chinese teacher
starting to feel? I woke up in 2008.🤣
You're right. Western media only adds hysteria and prejudice to the world. Western media makes the world a cold, bitter and resentful place.
你说的很对 😊 ... !
It might not help -- there are lots of psyops/awful sources in Chinese too. For example, the falun gong cult runs a lot of youtube channels, and their ultimate goal is to eradicate race mixing and install their cult leader as the supreme ruler of China (they won't tell you this on their channels though). If you went onto actual Chinese websites though, like bilibili, it would be a different story, but those websites tend to work pretty badly in the West. The best way to understand China is to go there for yourself.
I don't think that the US government underestimates the capacity, the productivity and resilience of the work force in China.
On the contrary: they are perfectly aware of this.
That is the reason why they are so fearful of China and do everything in their power to slow China down.
not the resilience of the workforce but the Chinese.
@@IA100KPDTThe work force is Chinese...
The US government fears that the method they are using to governing the American people will collapse because of the success of China. Same with western Europe, that is the root cause of western government hate Communism/Socialism so much, because it disapprove their method, those powerful people hate to be replaced.
I remember reading the post of some septuagenarian who said that he's old enough to remember the same language was being used against the Japanese during their economic boom in the 80s. Namely things like, "The Japanese are taking our jobs," and other stuff like, "The Japanese are a threat to our security." Then all things suddenly went downhill for the Japanese economy (not a coincidence of course).
Sounds similar? Because the same terminology is nowadays used against another East Asian country which America itself helped to build up then put the blame on for rising as a global superpower.
Americans think their jobs were stolen, when the reality is it's not China that came to their doorsteps and started suddenly taking their jobs, it's American jobs that were shipped overseas to China by American companies.
America sees any other country that rises as an economic powerhouse and a political superpower as a threat to it's hegemony, it's never been about national security and all that bull-crap.
@@emailkolar4517 Agree. You'd have to be incredibly stupid to believe the US-led West cares about democracy, or human rights and all that jazz.
If you visit China today, you’d see how prosper the Chinese live. Loved my vacay there. Shocked to learn just how much our government has portrayed China all these years. Wonderful place, people, culture. Oh by the way, ultra low crime rate. Stark contrast to the states.
I have hope in the younger generations in the west, when faced with competition from Japan, people in those days hated them and everything, but the generation grew up awashed with Japanese products came to adore everything Japan. The younger people already have a more positive attitude towards China with all her advancements!
@@pcstar123 It's different now because the US spends $90-billion a year on propaganda to slander the chinese and create xenophobic hate intentionally. The US did none of that with Japan because there wasn't the budget nor especially the almost-global digital media control the US has today.
@@pcstar123 No they really havent hate to say it, most view China as the enemy still. They shout buzz words like ccp,communism, theres a reason for Japaneae influx in media and South Korean.Think who is there master, think how powerful media is and how it can be used too get a population to associate whos bad and good.
@@pcstar123Japan lost in the chip war during their era. Good thing China isn't bending its knee to the current chip war vs US. 😅
Why didn't you stay there, move permanently there?
china is a civilisation family state. it is united.
There are many disagreements among Chinese, but the inherited wisdom of finding solutions rather than being emotional, is an important factor they do become the impediment to improvement.
I think you overestimate China's homogeneity. There's tens of millions of non-Han minorities, and the Han themselves have several dialect groups that are not intelligible to Mandarin.
@@StephenYuan all of humanity is also one big family. get your context right.
At least there are still people in the West with common sense and speak the truth.
Its the same as saying Ukraine is winning the war against Russia.
And Israel is not committing genocide....
And India is Super Power...??? 😋😜😁
Or USA is a "democratic" country.😂
And IMF and World Bank help poor countries by lending high interest rate and restrictive covenants. Will UTube delete this comment? Bcos' Utube is complicit and help block/censor the painful truth.
Well, most Westerners, especially Anglos, believe that.
5000 years vs 250 years
Its much more than 5000 years .. but you got the point ..
Only a kid, sooner or later will learn better to tread all human beings.!
@@M77793lol not treat but tread 😂
Didn't progress much over 5000 years and it's already stumbling.
@@davidmichael9034 no homeless in china 😂
China is leading by example. With socialist SOUL not imperialist domination. ❤ go look for yourself. An aspirational people, a good and growing society.
You are right. The Americans are capitalists cowboys. Have the most gun and get rich. That's America's motto.
My Chinese masseuse said the opposite ,he wants to live in Australia,not china,because in his words ,Chinese are “dead” inside,socialism is not some utopian fantasy,it’s a godless empty place
Most of things, we know about China is a lie. And lie is the immortal soul of the communism.
Thank you Sir for speaking the truth!!!
Fear is the only reason the U.S. wanted to contain China. When tariffs failed, technology sanctions followed. When both tariffs and sanctions failed, de-coupling became the buzzword. And when de-coupling was found to hurt the U.S. economy more than China's, it was changed to de-risking which in effect means a "slow de-coupling" until a more appropriate time. And now, fear has invaded European minds and the Europeans want to adopt the American low-life tactics.
Twenty years ago, American muscle cars and reliable Japanese cars plus reputable German, French and Swedish cars and even newbies from South Korea were selling like hot cakes in the Chinese market and each and every maker made a fortune in China. Nowadays, however, the U.S. has no hope of selling anything to China -- not only industrial products but also agricultural produce which are easily replaced by many other countries around the globe. Sooner or later, the world will be divided into 2 camps: one that embraces worldwide integration and the other a closed economy that fears competition. The acceleration of the de-dollarization movement will speed up the divide even further, to the point that it may break the world monetary system in half.
Perhaps the "coming collapse of China" can somehow soothe the overwhelming anxiety of the West?
I call it the "Tanya Harding" when you can't compete, then resort to dirty tactics (knee-cap your competitor).
I think a very appropriate story for the US v China is "The Tortoise and the Hare". The U.S. being the Hare. Who felt so confident and arrogant that it felt it had time to go off track and do other things (costly wars) ignoring the competition. The Tortoise on the other hand put its nose to the grind of the race and dedicated itself to the goal of the finish line (developing China into a modern advanced economic powerhouse).
By the time the Hare realized what was going on it was too late. Welcome to 2024.
PS: agree 100% on your comment.
I would add that with BRICS there'll be many formerly western states who were vassals of the U.S. will be swinging towards BRICS. Especially Eastern Europe as they will want Russian energy and China's BRI /SCO for their economic stability and development. I also think after new leaders Germany and France will also want re-establish cooperative economic relations with both Russia and China for the same reasons as Eastern Europe. I would bet even Canada will want to be forgiven and accepted in.
The US can and does sell a lot of big expensive farming and heavy equipment to China. They love John Deere in Xinjiang where, contrary to propaganda, they love & use American combines to harvest world-class soft cotton instead of harvesting with Uighhur slaves. The US also used to and still has the potential to sell more software and semiconductors to China then anyone else, but refuses LOL.
I think the US and Europe just have words, synonym after synonym but no action.
man, this is the most logical thing I've read on the internet today.
A nation with PHDs and labs that are producing can never collapse. The Chinese are not out of control like western Europe. In the European mind, all they see is negativity about others and admiration for themselves, with nothing to show for it.
I didn't think anyone in the West was allowed to praise CHINA's advances, in nearly every advanced field. Nice to know their are still some peole left in the West who still tell the truth.
West is free, not a dictatorship like China. In the West, everyone can praise whoever he wants.
😂 China have been "collapsing" for over 5,000 years, they're still here & thriving. We may not make it to 300 years.
‘China’ has collapsed numerous times in its history. Its not a continuous entity
if you keep voting people like Biden,you probably won't.
If China has been around for 5000 years what has taken them so long to be successful? The last time China was great and lead the world in anything was over a 1000 years ago. When all your neighbors hate and fear you, you build huge ghost cities, dams that crack, and your people are so fed up the just lay flat. You aren’t doing something right.
Agree. So many misinformed experts on China.
You mean paid "experts"? Remember Ancel Keys, the so-called "expert"? He probably killed a few million people. Legally as well.
Misinformed or propagandist for the US MIC? Me thinks it's the latter.
They aren’t misinformed experts, but experts in misinformation
Agree too. I rather tag them as paid actor than misinformed
@@RobinsWood1, all are correct 😂. Congress even passed a law allocating $500 million to write negative news, reports, stories, anti-China propaganda, etc.
The US used to have one powerful enemy, the USSR, for which it preoccupied itself with an arms race and other containment strategies against it. It was known as the Cold War. But alas, it was so lucky, the USSR collapsed by itself. So, the US had free rein globally for some years with no challenge. It helped poor nations, particularly China, to join the WTO. It looked down on the Chinese as backward people who would need centuries to catch up. China opened itself up for foreign investments, and that's when it progressed very rapidly. Even during Obama's time, I remember hearing him say that China's development at that time was about the same as the US's in the early 20th century. So, no worries, it will never catch up. But he was wrong. Now China is so far ahead of the US in almost every field that it is too late for the US to slow it down, let alone to compete. So, some Americans, in frustration and panic, started to fantasize about a similar collapse experienced by the USSR. That is mainly because the USSR was a communist country. They ignore the fact that China has a very powerful hybrid economy which has never been known in the world. It is so powerful that it eclipses the Western capitalist system. The US government has never had experience in handling situations like this before. So, starting with Obama, they devised all kinds of containment strategies with no success, but some backfired badly. On top of that, China's relationship with Russia, together with BRICS, has become a real threat to the US's future.
You forget the BRI, which will likely buffer China's potential loss when China and the US will really decouple.
Similarly, the US is likely to collapse on its own instead of in a war against Russia, China, and the growing BRICS+ alliance. But the US knows it's mathematically certain to economically collapse soon so it's trying its hardest to start WW3 as fast as possible in some scheme to save itself economically via the military conquest & imperialism model of forcibly extracting all the wealth of others via its conquests.
China is not a communist country anymore except in name. It's actually a more democratic country than most of the so-called democratic west because the government tries to respond ot the needs of its constituents instead of abuse them in favour of corporate cronies & oligarchs as in the US today. It wasn't always this way in the US but we have lost our way, badly.
Also the EU is less democratic than china as the EU's power brokers are all appointed and the Eurocrates aren't accountable to anyone. China's leaders are selected by representatives put there by local people, not unlike a parliamentary democracy, except in China it's a uniparty system as in several other "democratic" nations including Singapore where I now live. I'm done with my homeland, sadly.
So agree with your comment, except the part where USSR collapsed by itself. It has been a globally known fact that USSR downfall has something to do with US and CIA.
@@bushidofreakz Yes, I believe you. But I don't know what they did though. You might want to share your knowledge here.
The China collapsing propaganda is very effective in help suppressing Chinese stock markets and help promote western stock markets.
true. the result is that the cost of equity of Chinese public companies are very high relative to those of the US and Europe, which is a distinct disadvantage in the global capital markets. It became even tougher when the international debt capital market is effectively closed to the Chinese companies, or, even if it's open, at a very high cost.
But they always recover. Like after the 2017 crisis when "experts" dismissed china again.
@@nwong6410international investors do not simply believe in those propagandas but do their own independent research
For me, it's a buying opportunity. Hopefully the value of these Chinese stocks will give me a good return years later.
Yes but one major difference is that China produces almost all of the real value added affordable products that the world needs whereas the US doesn't.
China can survive by its own. But they are trading with the other Brics nations! China has a lot of innovations that other countries want.
Your one of the rare truthful and accurate video hosts on Chinese economic reality. Keep up the great work.
I visited China last year to see if they are collapsing in the last 20yrs, they are still moving along nicely. Beautiful infrastructure, amazing landscapes, transport efficiency, people are rich, high tech, all the cars on the road are brand new, high end vehicles. Seeing is believing. Don’t listen to all the BS lies in Australia or America. Go visit yourself, very safe and clean.
@jsyo ..., " Go visit yourself..." They can't. Most, 70 -80% live from paycheck to paycheck without even $400 for emergency use. Sad. 😢 And under credit card debt trap. Poverty is a serious problem in US. That's why they rely heavily on news media but all they get are BS, lies, fake news, and anti-China rhetorics.
You are right sir although I never been china but in videos are apparently real and amazing infrastructure although not English speaking but it's looking comport. Everything is easy transaction thru higher technology so advance ,that's why when western saying China is collapsing for me it's an laughing stuck..
这就是中国人另一个有点，勤俭节约（才能积累财富，做更重要更大的事情），比如你看到的很多乡村的老人，穿得很破烂，吃的很简单，住得很简陋，但他们绝对都有存款，而且远远超过 $400。@@HeresMyView
Is that why chinese nationals are desperate to get the hell out of there?
@@Orlando-r1ufunny because the last few years there’s been a large migration back to China and abandoning of the racist, backwards, brainwashed, angry, bitter, resentful, ignorant, violent, crime ridden, guns, drugs, abusive corrupt cops, a society of hostilities, filthy dirty run down cities with streets filled with homeless citizens. Yeah
There are a few that think the U.S. is still what they believed growing up, but those US halcyon days are gone.
Glad you mentioned Mr Gordon Chang. He was a practising corporate lawyer in HK with Baker MacKenzie in the late 90's. That was a period of booming China related commercial activities. Something happened to him around 2000 and then he started this "China will collapse soon" rhetoric in 2001. His prediction is a full adult now and he hasn't mellowed down a bit. There are surely more meaningful things to do in life, Gordon.
He is secretly under Soros' payroll.
From ASEAN. Note that all Asean countries are taking extra classes to learn Mandarin. In Malaysia , the local Malays are putting their Sons/Daughters into Chinese Schools. Other races like the Indians are also doing it. In Thailand many workers are taking up extra lessons in Mandarin. Indonesia are introducing Mandarin as an optional subject in their schools. ASEAN nations know where their future lies ... That is CHINA.
Where are you from i wonder?
@@Learner5555 DEFINITELY not from the Arrogant West! Anyway he did say he was from an ASEAN country, which is the economic cooperation organization between South East Asian countries.
US Empire has a peculiar sense of reality. Imagination of the Rulers is its reality. Magical thinking is how reality is changed. This is why propaganda and conceptual management is so important to the Rulers of the US Empire.
Surprise, Ytube did not delete your comment. If I wrote, it will be deleted. 😂
@@HeresMyViewDo they also frequently threaten you to close your account?
There are words I can't even write anymore because my comment will be automatically deleted and I promise you they are not swear words or anything(Israel is one of them. I guess it's because I can't stand those thugs. Let's see if this comment goes through) 😂😮
@@HeresMyView ditto, I am unable to use the word ca pi tal ism without getting censored
China's economy will grow again to be the highest percentage to GDP 8 to 11% a year 🙏.
China progress has benefited a large segment of their population, and now the world with the BRI initiatives, while in the US it is the exact opposite.
The Chinese economy is looking good, the western economy is collapsing. The Chinese economy is transforming into a new industry and is growing anyway from cheap non quality goods 👏👏👏👏
Same shite chat from you guys. More US collapsing chat than china collapsing chat. Both great nations
The following article is written by Ismail Bashmori, he is an Egyptian China watcher.
The truth is that China is the greatest country on the face of the earth. It makes all other countries look insignificant and contemptible. It is the most brilliant, most industrious, most ambitious, most educated, meritocratic and technocratic, most modern, sophisticated, and civilised, and best-governed by far.
It is the first non-white, non-Western country to reach this status since the 1600s. The determination of this country is indescribable. Supernatural. There is no force that can stop it from accomplishing anything it wants to do. 。
It doesn’t matter who we are. Egyptians, Syrians, Pakistanis, Indians, Africans, even Americans. Next to the Chinese, we are pathetic. We can’t do what they do. We would have a mountain, an Everest of changes to make, and we would whine and bicker and fail at every one of them. China’s story since the 1980s has been one of an almost divine metamorphosis. 。
Next to China the entire Western world from Alaska to New Zealand has stagnated. Next to China the entire developing world from Brazil to Madagascar has progressed only at a crawl.
China is the mother of all gargantuan bullet trains. Every day it manages to create something new and astonishing. And unlike the United States, unlike the British Empire, unlike the French, Dutch, Germans, Spanish, Portuguese or any other Western nation that had its turn at being a superpower in the past four centuries, China doesn’t need to run anybody over or take something from somebody else, to rise majestically.
China is also standing up to the West all by herself. The West can’t believe their four-hundred-year-old global supremacy is being challenged. They hoped that the more China developed, the more it would submit to their influence, interests, and leadership. That didn’t happen. So now they will do anything possible, short of a nuclear war, to make China end.
Their goal is to destroy this country. That’s why, although the United States has killed several million people and turned several regions of the earth into hellscapes.
China is the worst fear of our planet’s Western masters. They want you to despise and dread a country that’s done nothing to you, that hasn’t invaded anyone, bombed or sanctioned anyone, that hasn’t overthrown any foreign government, or used its military on anything since 1979.
China is the only major country in the nonwhite developing world, to stand up to the West. To look it in the eye when challenged or threatened.
The Global South are simply Western puppets who submitted long ago. Even the most powerful ones. Saudi Arabia, Brazil, India.
Above only part of the article, you can read the full article under the following link.
www.dailyexpress.com.my/read/4459/west-can-t-believe-nor-accept-china-s-progress/?fbclid=IwAR3aJYSZC3rbUgM1NwHCO73XxnNzNkJPa9wrSsFp-4KMxTozuJiHBwLJDXU
Fantastic article!
All large nations and empires, eventually have to face their own demise, hence the panic of convincing their public of fear, labelling other countries as ‘enemies’ and sending out screeds of false accusations.
You guys are worse than the US is collapsing lot.
right so the ever increasing number of homelessness , the ever increasing amount of crime in large cities, the migrant problem that's reaching a boiling point, the fact that rent is unaffordable for well over 3/4 of the general public, the fact that we're further divided than ever before by race, the fact that schools are pushing the idea that there's 500 genders, the fact that we have all these problems yet still look the other way meanwhile sending billions to foreign countries like Ukraine and Israel meanwhile neglecting our own people just like we did with Maui! yeah I'm sure China is doing bad atm. oh wait what happened to Sears, Kmart, and a bunch of other stores and businesses. but hey what do I know China bad lol.
这要在中国 早起义 反抗了😂
China works hard and will not let go of what it has achieved
The staggering amount of daily Western lies, deceitfulness and duplicity when it comes to news about China is to induce negative public opinions about the country. Another goal is to tell international investors not to invest in China and negatively influence the Chinese stock market. Only the last point has worked so far.
Recently I notice here on UA-cam alot of first time China visitors happily posting their vacation videos about the country. China has significantly reduced VISA restrictions and I expect a travel boom with countless of people debunking the propaganda the've been fed all these years.
How can they debunk the propaganda. What propaganda? Never read an article saying China has bad infrastructure or a terrible culture…..surely they are allowed to criticise forced camps, covid cover up, treatment of Peng Shuai, modern day slavery in China……
China recorded a 5.2% increase in GDP last year.
Described by Bloomberg as '"remains in the doldrums". US third quarter growth in 2023 was about the same 5.2% and described by Reuters as "blockbuster" growth!
@@Zerpentsa6598 12% of Americans were pushed out onto the streets in 2023.. Yet the media continues to bleat about how good the economy is. It doesn't add up.
@@Zerpentsa6598 US ended with about 2.1% overall for 2023 and apparently they are doing well. But China and Russia are collapsing with 5.2% and 3% each.
@@Zerpentsa6598 nah, very easy to fact check you with the internet and a search engine, the US growth rate for 2023 was 2.5% and 1.9% in 2022. lol!
The Soviet Union posted a 4.2% GDP growth rate in 1986. Communist countries lie to themselves near the end. There is a reason the CCP will throw you in jail for publishing data that doesn't support the GDP lie. Its like Bernie Madoff as a dictator.
Same thing with Russia. We are two years into 'Russia will collapse anytime now' but IMF now expects it to outperform W.Europe this year. Politics is a dangerous thing to the mind. Clouds the judgement of even professionals and specialists with decades worth of experience.
My spending habbits has confirmed what he was saying, initially all my electronics and gadgets are western, Japanese or Korean brands. but today, some of most expensive things at home are Chinese brands such as DJI drone, Dreame Robovac, Xiaomi flagship phone. I am also seeing friends and relos started buying Chinese cars...
I'm A western man and I have never believed what the press says about China. I always discard what Chinese media says as well. My view is China is not understood well in the west, it's not the bias alone. The economic laws in China have different pace compared to the midsized western countries.
Have you ever heard of this????
$1.5 billion to train journalists how to write fake and negative stories about China. If not google it.
Thanhk you. I don't understand why so much negative narrative about China. If they are successful we should learn from them and compete fairly instead of trying to slow them down and putting hurdles.🤔🤔
US democrats shd practice what they preach, Americans shd be allowed to choose their preferences for China 🇨🇳
I agree. I have a Chinese car.
American here. What you say is facts!
A few years ago I went to China. Beijing has 20 million plus inhabitants. It is safer than any city in North Western Europe with more than 1 million inhabitants.
China is not just an industrial economy.
China is also a SAFE tourist destination !!!!!!
that was actually a wholesome and factual overview of what is the economic reality in China - cheers from Germany
The manufacturer being built in Mexico 🇲🇽 belongs to Chinese investors as well, it seems that you can’t do anything in this world without china anymore which is something great to witness…
"Look! That empire is about to fall!" says the falling empire.
The West has been chanting collapsing china since 1990. 😂
Yes same wirh stock market crashes in the US. They don’t just pick on China. They continually predict. So what. Chinese channels are so sensitive. Every country gets endless criticism
Arrogance and ignorance: the reasons why the US underestimates others.
Peter Zeihan left the chat...
This is absolutely spot on, great short analysis, thank you
Never and ever play dirty when you are being surpassed or behind.
Sore losers can't accept the truths out of jealousy. This the common traits that we faced in the midst of our surrounding environment in any place.
The 'democratic' process may have given rise to a sub-culture in the US that you can only say bad things about your opponents whether you are running for office, operating a business, or even running the country. You emphasis how great you are, without weakness, and how bad your opponents are, without any merit. The results is that you do not see your own weakness. There is no need to improve since you are great and your opponents are weak and bad.
China was so behind that there is no choice but to admit its own backwardness and thrive to improve.
Meanwhile EU and Germany are in recession as at Q4. 2023...Japan GDP decline by -3.2% in Q3 2023 and -0.2% in Q4 2023 and is now only 4th largest economy and Germany is now in recession as of Q4 2023!!!
And they know what is male and what is female, no extra pronouns needed 😂🤣😂🤣😂🤣
I heard the US has more different-gendered personnel in the navy than they have warships today 🤣
I gonna u a big like button on this,hahaha😂😂😂what I saw from the west it's all bout the LGBTQ 😅
Thank you❤
Astunnishing how Chine are in the lead in the world , so planeconomics of the China model works. !!!!!
54th most prosperous. They don’t lead anything. Not even innovation .
Yeah, I am sick of hearing the collapsed of Chinese Economy. I heard that 10 years ago and until today there is no sign of collapsed at all. I am sorry to see them making a fool out of themselves. Recently, China's biggest property company file for bankruptcy which many economist confirmed will bring down China. Too bad China is still cruising at 5%+ GDP in 2023. And the forecast for 2024 is 4.6%. It simply means that many doomsday analysts do not really understand Economics 101.
The first time I heard about China collapse theory was 20 years ago. I believed that in that time. But this theory fooled me once, not twice.
American investments in Stupid are really paying off!
When the competition gets strong, ditch fair play and resort to foul play. Niccolo Machiavelli 😮
It was not low cost labor that allowed China to accelerate to become what it is now. Failed attempts to move manufacturing to India (where costs are even lower) proved that.
What China has over other nations of robust population density:
1. Robust education system. Which has created a robust educated body of civilians. (A massive educated work force on all levels.)
2.Robust Infrastructure development.
3. Decent social safety net.
4. Competence in Ability to ensure social safety (without carpet bombing other countries and creating a debt&inflation as a result of constant wars.)
5. Incentives form the top down to create jobs and distribute wealth.
*something we don't usually see here in the U.S. (and as far as I can tell, in Europe as well.) Where, Money is generated and gets stuck at the top, right out of the mint press.*
Second, labor in China are not low cost. It only seems low for western nations. Where inflation, creates indefinite surges in cost.
Because china's inflation is low and cost of living is lower than that of nations with never ending inflation. Living wages does not need to play catch up to the politics of inflationary economics.
Correct. See Michael Hudson for his analysis of China's industrial capitalism versus the west's financial capitalism.
Russia, didn't
Vietnam didn't
Afganistan didn't
Syria didn't
Iran didn't
And
Forget about Taiwan.
The people that say China is going to collapse are also the same people heavily invested in China. Everything is on the verge of collapse when they need to buy more shares. 😂
There is a huge number of blissfully ignorant people in the world.
I remember when Japanese cars were once considered crap. Today, Japanese products are among the best made. The same phenomena can be applied to China.
That's socialist oriented leadership and people's commitment to it.
Go on,China.
"We lie, We Cheat, We Steal"
Who are We ?
Its Merica 😅
Murica*
@@lkabong5529
A+Merica = America 😀
Gordon change has been wrong about China many times before ha ha 4:41
To me, he consider the most stupid Chinese on the globe.
Min 4:17, the Chinese work ethic is a critical advantage highly neglected in almost all opinions on China, even from pro-China media. I guess western media takes for granted that mediocrity is OK, but I think the western work ethic has already fallen below mediocre. I've lived in the USA for more than 2 decades, in different regions and I can say as a fact that the American work habits are awful. There's no reason to expect much more from elsewhere.
There's no space here to elaborate my point, but a bigger problem is that Americans stopped admitting this problem maybe about 2 decades ago. And not only they stopped admitting this problem but it may be banned altogether from being discussed as it it will offend some people, this is from the society that brags about freedom and democracy to the point of using as an excuse to invade (=mass murder and looting) others nations, from which Iraq is only one into many.
Whenever Americans do admit laziness they direct it only to the youth. It's not just laziness but flat out corruption and literal filth. Again, I'm not talking about the government, I'm talking about regular American people, of all sorts. Just to start check videos on how awful the new American houses are being built and you'll be appalled. One case in particular is D.R. Horton's houses, Mary Betsy has exposed them at large here in UA-cam, her video is titled New home NIGHTMARES with America's biggest builder D.R. Horton
"Collapse" seems a very convenient term for popular Western economists
While other countries still debating the EV 10 years ago, the Chinese government has already made the strategies and policies, and Chinese private entrepreneurs have already searched the world for Lithium minerals. The Chinese government also promotes building millions of charging facilities around the country and of course, increases the power supplement capacities.
the Western media never mention the Chinese patent registered has passed USA since 2010 and now account for Half of the world! who ever has more inventions and plus skilled labors with reasonable cost will lead the world manufacturing. Moreover, China is the biggest consumer market as well!
Americans are creatures of comfort and got easily stressed when confronted with the slightest of problems
lol. Self belief of Exceptionalism is a double edged sword.
The US is stuck in the American dream.
As I see it China is getting better and better while the USA and the majority of the West is falling apart before our eyes. How ironic 😂.
Europe and Japan are tanking as we speak.
I TOTALLY AGREE. CHINESE ARE HARD WORKERS, PLUS HIGHLY EDUCATED TOO...AND COMPARED TO ITS PEERS, STILL HAS LOW COST LABOR
I still remember when western media says russia have lost 87% of their troops, yet the war is still going on, very typical western media, including about China, most legendary one is about xinjiang hahahah
The one that is Collapsing is us😂
the only Hermes and Luis Vuitton's outlet where we must queuing is in China. until now we still can see people lining up infront of the luxury outlets. now sure how people say it is a sign of collapsing
China stock market's recent going south is a big story. Property bubbles in China is abig story. In my opinion, they are truely big stories as the chinese government made a prudent decision to let market correction themselves and took care of public money to the public projects, not to support those lousy wallstreet-styled investors. This is truely a good news. The recent stock routing is because they learnt that their money gone for ever, not a penny from public coffin. So they decide to wreak a havox by selling to get still remaining profit as fast as they can.
also available:
"imminent collapse" of the US, the UK, Germany, Japan, France, Russia, Iran, Pakistan, SA, NK, etc. etc.
there are slways people who like to predict a collapse, for various reasons.
i'm old and have learned to take these things with a grain of salt.
Please don’t tell people. It is the best investment opportunity of a lifetime. I’m still buying.
So is Jamie Dimon.
they have been saying this since the 90s lol. every year they speak about this. ofc its all BS.
The US and EU closed down their manufacturing and moved it to China, now they are sinking in debt and China is booming and got piles of cash to invest around the world. Who would have imagined ? some certain people in Europe and the US have personally made hundreds of billions from the process.
Work ethic, resilience blah blah blah, just nobody mention the S word. Socialism. Turns out it is working better than hyper imperialist unrestrained capitalism. I'm sure Americans would have better work ethics if they weren't struggling for housing and healthcare basics.
In football, they say 'If I cannot beat you, I will break your legs'...This is exactly the approach of the USA and EU.
correct,i am proud of i am Chinese
Let alone the country's five thousand long history and culture and traditions...people are always the center source of any social developments.
The US Empire is unsustainable. The US needs to come to terms with the changing world. It is OK to be a normal country and the USA will still be a very wealthy and strong nation 🤣
China's real advantage is that people actually work harder, while in the US people keep coming up with phrases like "work smarter, not harder," except none of those pushing that phrase ever got smarter, just lazier. If you don't put in the work, there isn't a pool of the stupid large enough to pick up all your slack.
China's advantage is its political system. Full stop !
❤Thank you very much publisher
I read the book "Coming collapse of China" I think first time in 2001. I get it out every year to read it again.
China, Russia, Iran ... all great nations and civilizations .. what is America ?! ..
But the collapse of the Collective West is REAL n interesting!
Western citizens should think carefully from following those ideas of propaganda and political wishful interests of the few who are not in the interest of their citizens but after themselves
Many people who have made money in the past 20 years keep writing books or articles on the COMING COLLAPSE OF CHINA. Maybe I am stupid, I really don't understand about a country's economy slowing down but with money in the bank compared to a country with economy going up by borrowing money and no money in the bank.
Yes, it's so boring. Bored me to tears, a ridiculous lie being said for years and years. Haven't they got any innovative lies?
We can see the Chinese Economy is doing well. We are all waking up to Western Propaganda.
finally someone telling the truth.
China is collapsing, Russia is collapsing, Iran is collapsing ...etc. 😂
Face the reality and Mind your own business. God bless America.😀
They reminded me with the propaganda of peak-oil , we still have lots of oil .
In 2022, Henan's GDP jumped 3.1 percent year on year to 6134.505 billion yuan, exceeding 6 trillion yuan for the first time, said local authority on January 21. (Chinese source: Henan Daily | Reporter: Li Peng | Translator: He Menghe)
The gross domestic product (GDP) of central China's Henan Province increased 4.1 percent year on year to 5.91 trillion yuan (about 832.23 billion U.S. dollars) in 2023, according to a provincial government press conference.
(Chinese source: Henan Daily)
That Godamned Chang is a world bullshitter... writes trash 😂