China sets 'boosting consumption and domestic demand' as top economic priority

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  • Опубліковано 13 гру 2024

КОМЕНТАРІ • 45

  • @rahimmajid647
    @rahimmajid647 День тому +5

    If you think China good US bad, you're being played. And if you think US good China bad, you're being played as well. No good guys or bad guys here. Just realpolitik and weltpolitik being played by both superpowers and we're stuck in the middle.

    • @kingseiryu929
      @kingseiryu929 15 годин тому

      Finally an intelligent comment. People always like to think the world is black and white. Nah, it is all about power and every country has skeletons in its closet

    • @happymelon7129
      @happymelon7129 14 годин тому

      1oo% correct. Politic only about interest, even in the office politic.
      Both are 0utsider , cann0t 1oo% trust.
      Preventive measure must away in place.
      When two elephants fight , mice better stay away .

  • @happymelon7129
    @happymelon7129 14 годин тому +2

    I recalled that interview with Cook where he had stated, in an analogy ....
    " in China, they can fill several stadium of required talents. while, in the US, they would have difficulties filling a room."
    And those people in the stadium work 2x harder, 1.5x longer.

  • @miklee4834
    @miklee4834 День тому +2

    pap has lost tonnes of tax payer money in prc and will lose even more when trump takes office next month.

    • @happymelon7129
      @happymelon7129 14 годин тому

      😨But CNA never want to talk about U$ .
      ...and what going to face for the coming of DT2025😨

  • @sdfgg-s9h
    @sdfgg-s9h День тому +9

    The world needs a strong China

    • @riti5261
      @riti5261 20 годин тому

      Sounds like something a communist would say.

    • @happymelon7129
      @happymelon7129 14 годин тому +1

      To stop the war machine

    • @livefreeordie7598
      @livefreeordie7598 2 години тому

      then the system of governing must reform

  • @MarkGarcia-r8j
    @MarkGarcia-r8j 7 годин тому

    Great analysis, thank you! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @liarliar3412
    @liarliar3412 8 годин тому +1

    China maintained a "healthy" trade surplus in 2023, recording a significant surplus of around $823.2 billion, making it the country with the highest trade surplus globally.

  • @ericphua2359
    @ericphua2359 День тому +2

    The Chinese middle class have already being wipe out together with their property's valuations falling 50%, and growing un-employments.

  • @ArabicReja973
    @ArabicReja973 День тому +7

    Chinese property sector, which accounts for 30% of GDP, is crashing.
    - Exports and imports, accounting for 37% GDP, are down.
    - Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
    - Foreign visitors are down 96% compared to the 2019 pre-pandemic level.
    - Consumer prices are experiencing deflation.
    - Youth unemployment hits over 21%, a record.
    - Its fast-shrinking workforce is 10 years older than neighboring countries.
    *Still, China keeps reporting outrageous GDP numbers.* Lol
    Where does the growth come from?

    • @GoodCitizen-gm1tl
      @GoodCitizen-gm1tl День тому +8

      1990. China's economy has come to a halt. The Economist
      1996. China's economy will face a hard landing. The Economist
      1998. China's economy’s dangerous period of sluggish growth. The Economist
      1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada
      2000. China currency move nails hard landing risk coffin. Chicago Tribune
      2001. A hard landing in China. Wilbanks, Smith & Thomas
      2002. China Seeks a Soft Economic Landing. Westchester University
      2003. Banking crisis imperils China. New York Times
      2004. The great fall of China? The Economist
      2005. The Risk of a Hard Landing in China. Nouriel Roubini
      2006. Can China Achieve a Soft Landing? International Economy
      2007. Can China avoid a hard landing? TIME
      2008. Hard Landing In China? Forbes
      2009. China's hard landing. China must find a way to recover. Fortune
      2010: Hard landing coming in China. Nouriel Roubini
      2011: Chinese Hard Landing Closer Than You Think. Business Insider
      2012: Economic News from China: Hard Landing. American Interest
      2013: A Hard Landing In China. Zero Hedge
      2014. A hard landing in China. CNBC
      2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes
      2016. Hard landing looms for China. The Economist
      2017. Is China's Economy Going To Crash? National Interest
      2018. China's Coming Financial Meltdown. The Daily Reckoning.
      2019 China's Economic Slowdown: How worried should we be? BBC
      2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times
      2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg
      2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg.
      2023. No word should be off-limits to describe China's faltering economy. Bloomberg
      2024: New data spells bad news for China's economy. DW News.

    • @AhmetTekin101
      @AhmetTekin101 День тому +1

      ​@@GoodCitizen-gm1tl Economists have warned China for decades, but China didn't take it seriously. *Now, it happens.*

    • @josephnduaguibe
      @josephnduaguibe День тому +3

      Cia bot again 😂😂

    • @Fr.VeniceLAI
      @Fr.VeniceLAI День тому +4

      @@GoodCitizen-gm1tl Including in 2024, Foreign Direct Investment FDI = Zero USD, all completely dried-up !.

    • @ToiChutGongWu
      @ToiChutGongWu 22 години тому

      Standard mendacious spam from "ArabicReja".

  • @AhmetTekin101
    @AhmetTekin101 День тому +5

    Two 2024 Nobel Prize Economy winners predicted correctly 10 years ago the *inevitable downfall* of the Chinese 🇨🇳 economy in a book titled "Why Nations Fail."
    - The downfall is attributed to its *political system,* not its leadership.

    • @GoodCitizen-gm1tl
      @GoodCitizen-gm1tl День тому +8

      1990. China's economy has come to a halt. The Economist
      1996. China's economy will face a hard landing. The Economist
      1998. China's economy’s dangerous period of sluggish growth. The Economist
      1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada
      2000. China currency move nails hard landing risk coffin. Chicago Tribune
      2001. A hard landing in China. Wilbanks, Smith & Thomas
      2002. China Seeks a Soft Economic Landing. Westchester University
      2003. Banking crisis imperils China. New York Times
      2004. The great fall of China? The Economist
      2005. The Risk of a Hard Landing in China. Nouriel Roubini
      2006. Can China Achieve a Soft Landing? International Economy
      2007. Can China avoid a hard landing? TIME
      2008. Hard Landing In China? Forbes
      2009. China's hard landing. China must find a way to recover. Fortune
      2010: Hard landing coming in China. Nouriel Roubini
      2011: Chinese Hard Landing Closer Than You Think. Business Insider
      2012: Economic News from China: Hard Landing. American Interest
      2013: A Hard Landing In China. Zero Hedge
      2014. A hard landing in China. CNBC
      2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes
      2016. Hard landing looms for China. The Economist
      2017. Is China's Economy Going To Crash? National Interest
      2018. China's Coming Financial Meltdown. The Daily Reckoning.
      2019 China's Economic Slowdown: How worried should we be? BBC
      2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times
      2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg
      2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg.
      2023. No word should be off-limits to describe China's faltering economy. Bloomberg
      2024: New data spells bad news for China's economy. DW News.

    • @AhmetTekin101
      @AhmetTekin101 День тому +1

      ​@@GoodCitizen-gm1tl Economists have warned China for decades, but China didn't take it seriously. *Now, it happens.*

    • @AhmetTekin101
      @AhmetTekin101 День тому +1

      ​@@GoodCitizen-gm1tl Economists have warned China for decades, but China didn't take it seriously. Now, it happens.

    • @conti-vl6tx
      @conti-vl6tx День тому

      Here's what western magazines/media have been saying about China since 1990:
      1990. The Economist: China's economy has come to a halt.
      1996. The Economist: China's economy will face a hard landing.
      1998. The Economist: China's economy entering a dangerous period of sluggish growth.
      1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy.
      2000. Chicago Tribune: China currency move nails hard landing risk coffin.
      2001. Wilbanks, Smith & Thomas: A hard landing in China.
      2002. Westchester University: China Anxiously Seeks a Soft Economic Landing.
      2003 New York Times: Banking crisis imperils China
      2004. The Economist: The great fall of China?
      2005. Nouriel Roubini: The Risk of a Hard landing in
      2006. International Economy: Can China Achieve a Soft Landing?
      2007. TIME: Is China's Economy Overheating? Can China avoid hard landing?
      2008. Forbes: Hard Landing In China?
      2009. Fortune: China's hard landing. China must find a way to recover.
      2010: Nouriel Roubini: Hard landing coming in China.
      2011: Business Insider: A Chinese Hard Landing May Be Closer Than You Think.
      2012: American Interest: Dismal Economic News from China: A Hard Landing.
      2013: Zero Hedge: A Hard Landing In China.
      2014: CNBC: A hard landing in China.
      2015: Forbes: Congratulations, You Got Yourself A Chinese hard Landing.
      2016: The Economist: Hard landing looms for China.
      2017: National Interest: Is China’s Economy Going To Crash.
      2018: The Daily Reckoning: China's Cominng Financial Meltdown.
      2019: BBC: China's Economic slowdown. How worried should we be?
      2020: New York Times: Coronavirus Could End China decades-Long Economic Growth Streak.
      2021: Bloomberg: Chinese economy risks deeper slowdown than markets realize.
      2022: Bloomberg: China Surprise Data Could Spell RECESSION.
      2023: Bloomberg: No word should be off-limits to describe China's faltering economy.
      Yet, it's already 2024 and China's economy is still going strong, especially comparing to G7 economies 😂😂
      Over the past decade, China's contribution to global economic growth on average is higher than the G7 countries combined.
      Those Western magazine & mass medias are referring their country economy. Better don't waste your time and energy to those western medias that are being paid $1.6 billions to spread lies, hoax and western propagandas! Or their news are NOT ACCURATE at all!

    • @ToiChutGongWu
      @ToiChutGongWu 22 години тому +1

      The usual lies from "AhmetTekin"

  • @liar-liar
    @liar-liar 17 годин тому +1

    While the US Israel are trying to colonize China by using military bases as an excuses 😂😂😂

    • @djibicisse
      @djibicisse 14 годин тому

      @@liar-liar yes true
      Chyna is too weak

  • @HuntaKiller91
    @HuntaKiller91 20 годин тому +1

    The next Japan 2.0

    • @deebil8099
      @deebil8099 19 годин тому

      It will be far worse. Japan didn't cause problems with every country on earth forcing them to decouple from them.... People actually like Japan. Nobody likes China. Even Russia doesn't trust or like China.

    • @happymelon7129
      @happymelon7129 14 годин тому

      .... is defiantly SKorea
      ..... Brandon follower , all same ending.
      .... PH

  • @livefreeordie7598
    @livefreeordie7598 2 години тому

    there is no hope without political reform.

  • @keithng5249
    @keithng5249 День тому +2

    Finally it's time to unleash the most powerful force in the universe - a.k.a. the Chinese middle class

    • @happymelon7129
      @happymelon7129 14 годин тому +1

      I recalled that interview with Cook where he had stated, in an analogy ....
      " in China, they can fill several stadium of required talents. while, in the US, they would have difficulties filling a room."
      And those people in the stadium work 2x harder, 1.5x longer.

  • @johnny-ih5es
    @johnny-ih5es День тому +1

    The economic downturn is not affecting the world's factory only. Europe’s richest economy also struggles as layoffs rock the auto industry.

    • @deebil8099
      @deebil8099 19 годин тому

      Na, this is just China. Their economy is collapsing and the entire civilized world is decoupling from them. Europe can handle a little downturn because they are rich. China is dirt poor and has more debt than they can handle. They are going to go down hard.