@TacticalMayo to whom? The rest ( 87% of the world's population) don't care and are just happy if the world could live in peace, I have never seen any Chinese politician or any Chinese media claiming any desire or arrogance for the claim to be number 1 ,just American hypocrisy 😢
Very contrasting ways in which each got to No 1, one is spent, and the other still has reserves. One is crisis ready, and the other loves public debates. No system is perfect. Even families aren't, but you have just got to get along and keep the dirty laundry out of sight
It’s strange that Australian media never ever invited Mr Mahbubani for interviews or talks. He is like the bulwark of Southeast Asia so it’s only natural that to gauge Asia in the pacific region you need to talk to someone like him!
Australian media DID invite the Professor, but refused to report the discussion because they could not accept the TRUTH!!! I believe that discussion was titled: Between the Lines. It is well hidden by the Australian media!!!
The US govt didn't manipulate, it forced. Think Gina Raimondo and Nvidia. Which has now led to a DOJ monopoly investigation. That's why the Neocons now consider Elon Musk a threat to them. They are working hard to bankrupt X. And this is also why China will not treat Tesla unfairly. Kishore is also wrong about Trump. Trump has picked a VP who dislikes forever wars and RFK jr who has similar feelings. And this is why Dick Cheney one of the architects of our forever wars endorses Kamala. Kamala said she welcomes the support of Cheney. Kamala is the true neocon, in sheep's clothing.
Yes China is progressive... But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
The reason why the US economy is bigger than the Chinese economy with a much smaller population is because the US can print money as they wish without losing its value with their dollar dominance which allows the FED to play their money game of interest rate.. Imagine that taking away the dollar dominance from the US what could happen to them ? Can the US still be able to compete with China ? Definitely not as it will be a smoothly walk over by the Chinese in any field..
China has been the world's largest economy since 2018 in terms of Purchasing Power Parity (PPP) GDP, which is a much more accurate measure of the size of an economy than GDP. China's GDP comes mostly from manufacturing, whereas thet of the U.S. comes mainly from financial services & increases in the value of financial assets like stocks & real estate. Furthermore, China’s dominance in critical technologies is evident, with the country leading in 37 out of 44 areas tracked. This is attributed to deliberate design and long-term policy planning, as well as the country’s ability to attract and retain top talent. As a result, China is poised to establish a monopoly in certain areas, while Western democracies, including the United States, are falling behind in the race for scientific and research breakthroughs. Finally, in 2021 China produced eight times as many STEM (Science, Technology, Engineering, Mathematics) graduates than the U.S. , and the difference is still growing.
US and the West printed their currencies, put them into their inflated stocks, and counted them as GDP. Take away the stocks. The US GDP would be 1/3 of China
Democracy states that celebrating elections every 4-5 years have no interest in having a long term view, survive the next term is more important, individually Democracy = individual In America, Americans celebrate homelessness, freedom, and democracy
30% to 35% of the US GDP is its private health care system and it's pharmaceutical industry eye gouging and over charging the American people for medical care and medication payments when they get sick. I kid you not, look it up. Another $1.5 Trillion of the US GDP is interest payments in late fees banks and financial companies charge their lenders. The rest is real estate, insurance, and finance If you measure up the actual tangible things produced and manufactured in the United States can actually be touched, exchanged their GDP is like 60% to 70% the size of China's. The US GDP numbers are seriously cooked up.
@bobsmith3983 Americans and the West wouldn't agree with you, ask the Indians democracy for them is no foods in their stomachs, instead exporting their agricultural products to boost their GDP
❤❤❤❤❤❤✌️✌️✌️✌️✌️✌️The underlining message President Xi, spell out to Jake Sullivan is that you guys always consistent, lying from one Administration to another Administration, always say one thing but doing another provocation.
Prof Mahbubani did mentioned that US' economy is bigger than China's economy. Agreed. However, he should have mentioned that he might based it in nominal GDP and not GDP PPP because these distinction said a lot and it explained why as he said more people in the US are marginalized due to expensive prices of goods and services. While in China, goods and services are more affordable and citizens have more savings.
The US economy is larger than China's economy only in nominal terms. In terms of purchasing power parity, China's economy trumps the US economy. I would argue that purchasing power parity is a better measure of economic strength than nominal GDP.
The US economy larger than the Chinese economy even in nominal terms is highly doubtful because much of the US economy is made up of hot air that is Ponzi schemes and inflated stock prices. Like Apple is valued at 3 trillion dollars. Is it believable? Nvidia is valued at 2 trillion and same goes for many other US companies. similarly they also have lots of soft forced transactions which only help in inflating the US economy. It can be better understood as this. Russian economy in Feb 2022 was only about 2.1 trillion dollars against EU's 15 trillion dollars. And look how badly EU has fared in the ongoing conflict. Similarly if China-US war breaks out same will be the fate of USA. All their hot air economy will be proven to be nothing in defeating Chinese economy.
The best system is to have a caring, not selfish, not corrupted, strong, capable leader with a team of competent governors / adminstrators! Got it right SINGAPORE
@@davidlai399 Please do not expose your ignorance - property prices are NOT controlled by any government departments! Willing seller, willing buyer!!!
@@Goye41 lack of government control WAS exactly the problem. Singapore used to have the most prudent housing policy. Those willing buyers you mentioned were rich Chinese who have nothing to contribute to the Singaporean economy.
I would disagree with Kishore with respect to his observation about China upsetting the American businesses cohorts. In my opinion regardless of what China would treat them, American businesses cohorts would turn against China. As China's economy develops and upgrades, Chinese manufacturers and businesses move up the goods and services supply chains to compete with the Americans. Therefore, it's natural for American businesses communities to turn against China rather than staying friendly to China.
Are you kidding, the some of US or other countries MNC's growth and survival relies on China's market. Without China's market would mean going under for these businesses. Whoever, holds the market would have the bargaining power. Not forgetting China has the world's largest growing middle class and growing earning power ... bu hu hu
@@windydragon6522 I would agree with you. Until we all witness Apple, McDonalds, Starbucks, KFC, etc pull out of Russia.... That was an awakening moment for me, there are more to it than I thought... There are stronger forces at play and I do not think it's morality either....
Yes China is progressive... But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
Kishore is wrong regarding the fact that China cannot create a Google/Apple. They can and have, they just don't have the incentive or are enormously hindered in the international market by the West and their practices. That is the US advantage, their ability to force the Western world to comply or follow their "trends"
@@bobsmith3983He has to say that otherwise the western media will label him china centric or pro china. So yes the professor is practising some kind of self censorship because that is the trend in western societies 😅😅
Empires generally crash because they are militarily defeated or the ledgers don't add up anymore. The business model of the US based on reserve currency status of the dollar, which allows for big deficits while causing deindustrialization, seems to be at an end. Mr Mahbubani should include this in his considerations.
I've heard Mahbubani speak before. For the most part, his grasp on the geopolitical and cultural sides of things seems reasonable. However, his opinions here on the strengths of the U.S. economy were shockingly uneducated. The U.S. has not been a real economy, standing on its own 2 feet, since WW2. The only thing that keeps it afloat is being able to force the world to transact in the USD since it, quite literally, went bankrupt in 1970, unable to repay its gold obligations. When you can print money; attract the world's best talent; and control key technologies, it's not surprising that you produce good entrepreneurs. But the shoe is now on the other foot, and even though China can't print money, it can do everything else and better. Agree with the fact that the U.S. is a de facto plutocracy, but it's not a recent occurrence. Any democracy in which your candidates require billions to fund campaigns is a plutocracy since the wealthy donors (read: aristocrats) will obviously only back whoever works in their best interests.
Of course, Mahbubani believes in democracy. So do the Chinese. The thing is that democracy comes in different forms. Liberal democracy is based on a system of multiparty elections. Chinese democracy is based on regular consultation with the people. It is quite clear which democratic model works better. Liberal democracy has been failing in the West left and right. Just look at the USA, Canada, UK, France, Germany, Italy, and Japan, for example. Their economies and societies are undergoing significant turmoil. Meanwhile, Chinese society is harmonious and stable. China's economy is forecast to grow 5% this year and 4.5% next year (according to the IMF), far better than all the G7 economies. India's democracy has done the country no favor since going independent in 1947. Taiwan's democracy is a running joke.
Western democracy is a popularity contest. It is possibly the worst form of way of choosing a government Instead of choosing people based on proven merit, and past accomplishments they choose people based on whether whom would you like to invite for dinner with your family the most. Furthermore, the average people are not wise enough or educated to make the conscious decision on who should run the country, what to do with their taxes, or who should take them to war. The entire system was designed when the country (US) was mainly rural and made out of small towns, villages and communities of a few dozens, hundreds and very rarely a few thousand people where everyone knew each other. The system was not designed to govern 337 million people.
LOOK AT India Philippines..Taiwan..democracy...Lee Kuan Yew Argued..The 4 tigers Korea Taiwan..Japan Singapore..hv their best grown years under strong Dictatorship..😂😅😅
Aristoteles, în Politics, concluded that democracy is the worst form of government. The best governance, for him, was meritocracy (which he called aristocracy). China' s governance is a meritocracy.
China alienating American business？ are you sure? I think it's the us who are faning the sinophobia sentiment and frightened their business people in normal collaboration with China.
China does not see the US as a rival but an equal partner on the world stage. Both have their own brand of freedom. One is more restrained than the other.
Everything or system has a natural development course and whether a particular thing or system can survive depends on how it initiates changes to suit itself to the ever changing environment. America's democratic system has stopped to grow because it has created too many large and powerful interest groups that make the country's redistribution mechanism malfunctioned. The worst thing is that instead of mending their system, American politicians shift the focus to lay the blame to imaginary rivalries. Realistically, a weak China does not necessarily make a strong America.
Lessons for tiny nations. You feel strong leaning on the biggest gangster of the day. The day the gangster is humbled by the world, it's the day you PERISH !!!!!“If a country is small but does not feel humble, if it is small but does not fear the strong, if it is rude and insults its big neighbors, if it is greedy and ignorant of friends, it will PERISH!”
The general democracy we have in the globe cannot be democratic due to serious corruption. Singapore is one of the exception and has always been accused of being not democratic!
Tbh, i kind of agree with everything he said aside from India being on par with U.S and China, bruh for past 10 years India has been trying to reach 5 trillion GDP and still under 4trillion. India has very deep corruption problem. PM Modi wearing hundreds of thousands$ worth of clothes every week, with gold thread. Tbh, i really doubt a PM's income can fund multi-millionaire life style
India needs to overcome some pretty big problems on its own turf first like caste system, corruption cronyism, education, rape culture & disrespect to women. At current trajectory if China grows by 5%, it will be difficult for India to catch up with it. Maybe US though if it starts to unravel...but India has MANY problems to fix.
The wealthiest newborn in the world today is a Chinese as this person inherits the wealth of 14 Ancestors due to three generations of one child policy. So China will definitely become rich before it gets old
the organized will always defeat the unorganized. If the US wants to win the competition with China, it must restore its organizational capabilities. But the hope is slim.
this is the man who wrote a book China won . kind of recalibration . never underestimate a creative nature of a free society. and never underestimate America !
Wonder why USA politics is personalised. I am not an USA citizen but Trump is the first to reject wars of economic dominance. I think this is a strong attribute. USA must share and end corporate ownership outside USA.
US politicians need to review world history to understand nations rise and fall in cycles despite anyone player's interest or intention to dominate for ever. American exceptionalism is fading due to extreme inequality, shrinking middle class and out of balance military spending.
US is welcoming of all talents from all over the world, and it’s attractive to them as well. China may not hold as much appeal. USA recently fielded an all-Chinese math team to beat the Chinese in their game of mathematics brilliance.
@@windydragon6522 Basically you are saying that America is a thief of talents. It does not produce its own talents but steal them from other countries 🤔
China produces 5 million engineers a year, that is 150 million in 30 years, a working life. That is only engineers - and the rest, you have a nation with educated population bursting at the seams. Team this with a country that owns and directs it power to create credit, the most powerful force on earth and add that to their gold backed currency.
Yes China is progressive... But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
I appreciate that Kishore has pointed this out to the face of the so-called journalists in the foreign correspondents' clubs, who are in the same group as the New York Times, Washington Street, and other West media that work on misinformation to smear China. I really hope that they can learn something from the talk with Kishore!
The chinese people I believe are most innovative people on earth. They inventions include gunpowder and paper, Now having being more educated scientifically and technically like the west then even before, their brain is at full steam to greater breakthrough and new discoveries. The West has been caught off guard up. For example China hypersonic missiles, space, 6G internet are 2 to 3 gen ahead in just last decade. The chips technologies will surely see a surge over the west to be number one in the question of time and when. Great work, mainland China ❤❤❤😅😅
Its already underway that the next few decades will see the fall of Western civilization and Empires (USA). Just remember the old Chinese proverb "Wealth can never last more than 3 generations in a Family". The iteration experiences of a few thousand times in Chinese civilization gave birth to this proverb. When in relation to Empires, Dynasties and Nations, it just last a bit longer depending on how wealth is preserved or spent and speeds up even faster when wealth is squandered away thru wars, corruption, bad governance, unproductive activities and poor leadership. The only hard choice left for those in such a situation would always be a shift in the paradigm of thinking and thoughts or face the possibility of revolution, civil riots and wars hence crumbling it from within.
China: 5000 years Angmohs: 500 years Lee Kuan Yew: 50 years Lawrence Wong: 5 years If you place the current world into the history of China, then you are living under the rule of the Yuan dynasty now. In the West, probably they will call it the dark ages. If you think in term of capitalism and the avaricious capitalists, then we are in the chaotic world of 魏晋南北朝 (AD220 to AD 589): The USA, the UK, Japan, Argentina, South Korea, and the Philippines are some examples, add in India if you want to expand the list. Congratulations, if you think you don't belong to the 99.99%. Ha ha ha! Show less
kishore mahbubani.. re:the yellow peril.. in may 2019 ex state dept director kiron skinner famously described u. s -china rivalry as 'a fight with a different ideology and the u. s hasn't had that before... she said :china poses a unique challenge because the regime isn't a child of western philosophy and history.. in her most telling comment she said the cold war constituted 'a fight within the western family' while the coming conflict with china is 'the first time that we will have a great power competitor that is not caucasian.. her piece copped a lot of flak n cost her job
A ‘continuous civilization’ is a pointless attribute - a continuous government is something else. The Egyptians have a 6k year old civilization and the Africans have a 4.5m year old ‘civilization’ - it just means people have found the ground suitable for human habitation 😂. Though Definitely correct on the plutocracy that has been grifted from the American people by grifting welfare corporations and billionaires.
I enjoy listening to your geopolitics incites. I wonder if you append your talks by think of how countries can be directed towards joint relations. The USA corporate success is based on colonial restrictive systems that kills competition such as Uber, Amazon, Facebook, etc.who engage in oligopolistic corporations. Destroyed indigenous businesses such as bookshops, supermarkets, stock exchanges, the list is long.
Kishore is a typical Indian fast talker. Better check how many fingers you have left after the talk starts. And check again how many fingers you have after the talk has finished.
Dravidian not by competitiveness but by fishing/phishing for talent and manpower from overseas for permanent residency. In other words snoop and patent it in a colonial country, and then there is the constant overseas interference. I doubt any country outside of five eyes has so much disparity between homelessness and people profiteering out of rentals.
Bunch of outward solution which Ethiopia has little control. Why not stipping the wars in Orimia and Amhara regions? how about first stopping the illigal and immoral displacementof the Dere Dawa and Addis Ababa cities ? Hiw about putting corrupted and useless politician ? 💚💛❤️
Wise man have said always the same thing, while the rest will do the contrary as an philosopher said once upon a time. Theft of invention is the highest crime man can do is even worst than the atomic bomb and I do not want to live in a planet where those things happen, is better to be destroyed once and for all rather than living in barbarism. In this case I talk about theft of my invention.
What the US is good at is being a ruthless huckster and confidence co artist. They are great at being like Mafias, even having Mafia like "lawyers" to make offers others cannot turn down. They also have cultural media that spews forth the mythology and illusions of what America is. Then they have a military that acts like Mafia enforcement. If that is what he means by Darwinian, then he is correct. Although I am not sure what he means by Darwinian. I honestly can't respect this man! And why I decided to listen to him again. I can't say. I do not hold any hope of hearing any insights from him. He is less than insightful in my opinion. And I can't honestly understand how anyone holds any respect for him. I find myself often irritated and contemptuous when hearing from this man.
I agree with some of your views, but I believe if you have read and experienced as much as he did you would know better than to have contempt for this man. Fortunately, it seems a lot of people like to listen to him.
Sorry Kishore, biggest problem with China is communist governance system. You had to bring up yellow racism in America to justify your false logic is sad. I agree there is racism against all ethnicity in America. But you should also explain racism against none Chinese especially against Africans and South Asians. Even in Singapore, how many Indians are discriminated by Chinese. Yellow fearful Americans have many top corporate CEOs that are yellow. How many Chinese or Singaporean corporations have none Chinese CEOs?
"How many Chinese or Singaporean corporations have none Chinese CEOs?' So how many of these non-Chinese candidates can speak Mandarin fluently? At least in the US, all the non-white CEOs are willing to adapt and speak English. Now try getting an American CEO to speak Mandarin, before joining a Chinese company.
Brian stupid question....we have seen China bring Saudi and Iran together, galvanize Palestinian factions, work with SE Asian countries (besides Philippines) to develop a dynamic region....what can your journalist and general public do that can be better US diplomats have been the trenchant ones spouting propaganda instead of building bridges. Just dumb
Yes China is progressive... But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
China is a mess. Companies and state institutions cannot pay salaries. The Chinese people are suffering, yet China is investing $50 billion in Africa. What about the Chinese people?
That is the Western political elites and media narratives. When the tourists from the West made a trip to China recently, what they saw shocked them, world class infrastructure, electric cars everywhere, gleaming skyscrapers everywhere, things are affordable, economy is thriving, streets are clean, no pollution, people are friendly, etc.
companies cannot pay? Then it goes broke and got CCP running it.. State institution cannot pay? I think the CCP will also take over... CCP has the printing press's and money is created electronically.... so I believe salaries are easily paid.
@biggpicture2930 Not true. China is afraid of inflation, so they can not print new money excessively. Propaganda or not, China's economy is going through a difficult time.
Indian netizens condemned kishore mahbubani for instead of calling out the west for their crimes in India in the 200 years of colonialism, he SPITTED at them by calling it india's century of humiliation. Adding insults to injuries for the victim. WHY HAS KISHORE BECOME SO INHUMAN??
Mahbubani was being truthful. India is in a very bad state because the British Empire brutalized it. India adopted British-style democracy after its 1947 independence and it has been a pathetic country ever since. Still mired in extreme poverty. Hindu nationalism run amok. Widespread ethnic/religious strife. Human rights issues, especially with respect to women. The caste system remains a hindrance. Backward education. Backward infrastructure. A per capita GDP of only $2,700 (nominal).
Thank you professor for your insights. Only wanted to comment on the 4000 year cultural history of China - yes indeed China has a very ancient rich cultural history, very well respected, it was all sadly demolished, destroyed and desecrated by the CCP in the mid 1940s. Such cultural richness can still be found in Taiwan but the CCP has destroyed most of it in mainland China. I truly wish that they can bring back the lost rich culture 😢.
Here comes pojoot try to do propaganda and misinformation. There is no rich culture in Taiwan. Taiwan is known for land full of gay , with stolen treasures from mainland China. if you don’t know anything then better don’t open your mouth
I don't understand why Kishore needs to speak up for China?? He's Singaporean not Chinese! Another thing...why does China threaten the Philippines? And this 9-dash line nonsense....if we allow China to claim the SCS, then Greece will start to claim most of Europe!!
What do you expect? Probably because he is an Asian who rejects to bow to white masters anymore? Besides, the topic of discussion was competition between China and the US. If you want US narratives, you just need to read any western media.
If you study history, you ll understand. When China claimed the islands in 1946, no one contested. That is because US is good friends with KMT. If KMT continued to rule China, none of this issues will occur. It is all US playing politics of divide and conquer.
You don't speak up for China, because you are Chinese, but because the west has been lying about China and their medias are very powerful. Kishore speaks the truth and every thinking people applaud him for that. Sadly there are people who bought into Western lies, and manipulations.
Very interesting session. The west should remember that China offered the olive branch but Obama rejected it.
You reached for our number one spot. Do you have any idea how serious that is?
@TacticalMayo to whom? The rest ( 87% of the world's population) don't care and are just happy if the world could live in peace, I have never seen any Chinese politician or any Chinese media claiming any desire or arrogance for the claim to be number 1 ,just American hypocrisy 😢
@@TacticalMayo LOL, your no. 1 spot is not your property. The country that does better deserves to be in that spot.
He was merely doing what his handlers asked.
Very contrasting ways in which each got to No 1, one is spent, and the other still has reserves. One is crisis ready, and the other loves public debates. No system is perfect. Even families aren't, but you have just got to get along and keep the dirty laundry out of sight
It’s strange that Australian media never ever invited Mr Mahbubani for interviews or talks. He is like the bulwark of Southeast Asia so it’s only natural that to gauge Asia in the pacific region you need to talk to someone like him!
Australian media DID invite the Professor, but refused to report the discussion because they could not accept the TRUTH!!!
I believe that discussion was titled: Between the Lines.
It is well hidden by the Australian media!!!
after the empire made a regime change in Australia in the 70's? , the Ozzie pols know which way the wind blows.
Most mainstream Australian media are owned by US companies...?
China didn't alienate US businesses. The US government manipulated them to avoid China.
China *always* wants to work with businesses around the globe.
The US govt didn't manipulate, it forced. Think Gina Raimondo and Nvidia. Which has now led to a DOJ monopoly investigation. That's why the Neocons now consider Elon Musk a threat to them. They are working hard to bankrupt X. And this is also why China will not treat Tesla unfairly. Kishore is also wrong about Trump. Trump has picked a VP who dislikes forever wars and RFK jr who has similar feelings. And this is why Dick Cheney one of the architects of our forever wars endorses Kamala. Kamala said she welcomes the support of Cheney. Kamala is the true neocon, in sheep's clothing.
Yes China is progressive...
But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
Thumbs up for and kudos to Prof. Kishore
The reason why the US economy is bigger than the Chinese economy with a much smaller population is because the US can print money as they wish without losing its value with their dollar dominance which allows the FED to play their money game of interest rate.. Imagine that taking away the dollar dominance from the US what could happen to them ? Can the US still be able to compete with China ? Definitely not as it will be a smoothly walk over by the Chinese in any field..
China has been the world's largest economy since 2018 in terms of Purchasing Power Parity (PPP) GDP, which is a much more accurate measure of the size of an economy than GDP. China's GDP comes mostly from manufacturing, whereas thet of the U.S. comes mainly from financial services & increases in the value of financial assets like stocks & real estate. Furthermore, China’s dominance in critical technologies is evident, with the country leading in 37 out of 44 areas tracked. This is attributed to deliberate design and long-term policy planning, as well as the country’s ability to attract and retain top talent. As a result, China is poised to establish a monopoly in certain areas, while Western democracies, including the United States, are falling behind in the race for scientific and research breakthroughs. Finally, in 2021 China produced eight times as many STEM (Science, Technology, Engineering, Mathematics) graduates than the U.S. , and the difference is still growing.
US and the West printed their currencies, put them into their inflated stocks, and counted them as GDP.
Take away the stocks. The US GDP would be 1/3 of China
Democracy states that celebrating elections every 4-5 years have no interest in having a long term view, survive the next term is more important, individually
Democracy = individual
In America, Americans celebrate homelessness, freedom, and democracy
30% to 35% of the US GDP is its private health care system and it's pharmaceutical industry eye gouging and over charging the American people for medical care and medication payments when they get sick.
I kid you not, look it up.
Another $1.5 Trillion of the US GDP is interest payments in late fees banks and financial companies charge their lenders.
The rest is real estate, insurance, and finance
If you measure up the actual tangible things produced and manufactured in the United States can actually be touched, exchanged their GDP is like 60% to 70% the size of China's.
The US GDP numbers are seriously cooked up.
@@douglaswong6975 Homelessness yes freedom and democracy no.
@bobsmith3983 Americans and the West wouldn't agree with you, ask the Indians democracy for them is no foods in their stomachs, instead exporting their agricultural products to boost their GDP
Professor Mahbubani, thank you for another inspiring talk.
Thank you Prof. Mahbubani. Also thank you the host for inviting Prof. Mahbubani.
Always nice to have him speak and hears his views
❤❤❤❤❤❤✌️✌️✌️✌️✌️✌️The underlining message President Xi, spell out to Jake Sullivan is that you guys always consistent, lying from one Administration to another Administration, always say one thing but doing another provocation.
Kishore, bravo! The world needs to listen to your perspective.
I watched this channel after I have watched Mr. Mahbubani being interviewed by Mr Gita Wirjawan. Thank you for the Geopolitical knowledge.
Prof Mahbubani did mentioned that US' economy is bigger than China's economy. Agreed. However, he should have mentioned that he might based it in nominal GDP and not GDP PPP because these distinction said a lot and it explained why as he said more people in the US are marginalized due to expensive prices of goods and services. While in China, goods and services are more affordable and citizens have more savings.
Thank you Professor Mahbubani. Best wishes. Well done interview. Thank you Mr. Williamson. Best wishes.
The US economy is larger than China's economy only in nominal terms. In terms of purchasing power parity, China's economy trumps the US economy.
I would argue that purchasing power parity is a better measure of economic strength than nominal GDP.
The US economy larger than the Chinese economy even in nominal terms is highly doubtful because much of the US economy is made up of hot air that is Ponzi schemes and inflated stock prices. Like Apple is valued at 3 trillion dollars. Is it believable? Nvidia is valued at 2 trillion and same goes for many other US companies. similarly they also have lots of soft forced transactions which only help in inflating the US economy.
It can be better understood as this. Russian economy in Feb 2022 was only about 2.1 trillion dollars against EU's 15 trillion dollars. And look how badly EU has fared in the ongoing conflict.
Similarly if China-US war breaks out same will be the fate of USA. All their hot air economy will be proven to be nothing in defeating Chinese economy.
@@thecomment9489 Well said. And spot on. 👍
The strength of the US economy is an illusion, a sleight of hand.
Yup.
Soon, we'll hear quadrillions and gazillions...
@@thecomment9489 stock market capitalization valuation is illusion, if you no one will buy at that value in lump sum.
How can 300 millions compare to 1.4.billion.
The best system is to have a caring, not selfish, not corrupted, strong, capable leader with a team of competent governors / adminstrators! Got it right SINGAPORE
But worst mistake was to let property prices runaway during Covid
@@davidlai399
Please do not expose your ignorance - property prices are NOT controlled by any government departments!
Willing seller, willing buyer!!!
@@Goye41 lack of government control WAS exactly the problem. Singapore used to have the most prudent housing policy. Those willing buyers you mentioned were rich Chinese who have nothing to contribute to the Singaporean economy.
@davidlai399
The rich Chinese Do Not go for public housing!!!
@@Goye41 Public housing became more expensive too. Expats who were priced out of private housing had to move into public.
WOW! The best analysis of China-America relations.
I would disagree with Kishore with respect to his observation about China upsetting the American businesses cohorts. In my opinion regardless of what China would treat them, American businesses cohorts would turn against China. As China's economy develops and upgrades, Chinese manufacturers and businesses move up the goods and services supply chains to compete with the Americans. Therefore, it's natural for American businesses communities to turn against China rather than staying friendly to China.
Only natural for stupid businesses who cannot fathom the idea of win win
Businessmen go with money, not piety to any political paradigm.
Are you kidding, the some of US or other countries MNC's growth and survival relies on China's market. Without China's market would mean going under for these businesses. Whoever, holds the market would have the bargaining power. Not forgetting China has the world's largest growing middle class and growing earning power ... bu hu hu
@@windydragon6522 I would agree with you. Until we all witness Apple, McDonalds, Starbucks, KFC, etc pull out of Russia.... That was an awakening moment for me, there are more to it than I thought... There are stronger forces at play and I do not think it's morality either....
Yes China is progressive...
But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
Thank you Professor Kishore and the host.
Fm Great George Yeo to kishore mahbubahani
"try to humiliate others & u yrself will be humiliated"
Kishore is wrong regarding the fact that China cannot create a Google/Apple. They can and have, they just don't have the incentive or are enormously hindered in the international market by the West and their practices. That is the US advantage, their ability to force the Western world to comply or follow their "trends"
He just wants to be balance, that a Singaporean do
@@termyfl2677 Then he's not being honest.
@@bobsmith3983He has to say that otherwise the western media will label him china centric or pro china. So yes the professor is practising some kind of self censorship because that is the trend in western societies 😅😅
@@warso-spt1
I think he understands how Chinese work. It’s never about celebrating an individual (like Jobs, Gates or Zucky) or private companies.
@@windydragon6522or Xi Jinping…. O wait
Empires generally crash because they are militarily defeated or the ledgers don't add up anymore. The business model of the US based on reserve currency status of the dollar, which allows for big deficits while causing deindustrialization, seems to be at an end. Mr Mahbubani should include this in his considerations.
Prof is excellent
I've heard Mahbubani speak before. For the most part, his grasp on the geopolitical and cultural sides of things seems reasonable.
However, his opinions here on the strengths of the U.S. economy were shockingly uneducated.
The U.S. has not been a real economy, standing on its own 2 feet, since WW2. The only thing that keeps it afloat is being able to force the world to transact in the USD since it, quite literally, went bankrupt in 1970, unable to repay its gold obligations.
When you can print money; attract the world's best talent; and control key technologies, it's not surprising that you produce good entrepreneurs. But the shoe is now on the other foot, and even though China can't print money, it can do everything else and better.
Agree with the fact that the U.S. is a de facto plutocracy, but it's not a recent occurrence. Any democracy in which your candidates require billions to fund campaigns is a plutocracy since the wealthy donors (read: aristocrats) will obviously only back whoever works in their best interests.
Why is he writing something with his forefinger on the podium table :)
Kishoreji is very wise and astute. Always a pleasure listening to him
Fear of the Yellow Peril lives on in White Australia and is one unspoken factor in the bonds between Australia and the USA
Omg you can’t be serious. Sydney is 60% Chinese. Can you imagine if China was suddenly 50% English/Irish?
@@davidyalacki2599
Those Chinese identify more with white culture and traditions.
@@davidyalacki2599 "Sydney is 60% Chinese.", which mouth did you use to make the claim?
Of course, Mahbubani believes in democracy. So do the Chinese.
The thing is that democracy comes in different forms. Liberal democracy is based on a system of multiparty elections. Chinese democracy is based on regular consultation with the people. It is quite clear which democratic model works better.
Liberal democracy has been failing in the West left and right. Just look at the USA, Canada, UK, France, Germany, Italy, and Japan, for example. Their economies and societies are undergoing significant turmoil.
Meanwhile, Chinese society is harmonious and stable. China's economy is forecast to grow 5% this year and 4.5% next year (according to the IMF), far better than all the G7 economies.
India's democracy has done the country no favor since going independent in 1947.
Taiwan's democracy is a running joke.
U forget to include Australia on that list…😂
Western democracy is a popularity contest.
It is possibly the worst form of way of choosing a government
Instead of choosing people based on proven merit, and past accomplishments they choose people based on whether whom would you like to invite for dinner with your family the most.
Furthermore, the average people are not wise enough or educated to make the conscious decision on who should run the country, what to do with their taxes, or who should take them to war.
The entire system was designed when the country (US) was mainly rural and made out of small towns, villages and communities of a few dozens, hundreds and very rarely a few thousand people where everyone knew each other.
The system was not designed to govern 337 million people.
Sorry U$ democracy is an illusion because the choice is only 2, which ever you choose, 2 of them is already fitted
LOOK AT India Philippines..Taiwan..democracy...Lee Kuan Yew Argued..The 4 tigers Korea Taiwan..Japan Singapore..hv their best grown years under strong Dictatorship..😂😅😅
Aristoteles, în Politics, concluded that democracy is the worst form of government. The best governance, for him, was meritocracy (which he called aristocracy). China' s governance is a meritocracy.
China alienating American business？ are you sure? I think it's the us who are faning the sinophobia sentiment and frightened their business people in normal collaboration with China.
China can just focus on trading with Africa, South America, Middle East, Asia.
Fully agreed regarding the strengths and weaknesses of the US.
China does not see the US as a rival but an equal partner on the world stage. Both have their own brand of freedom. One is more restrained than the other.
Everything or system has a natural development course and whether a particular thing or system can survive depends on how it initiates changes to suit itself to the ever changing environment. America's democratic system has stopped to grow because it has created too many large and powerful interest groups that make the country's redistribution mechanism malfunctioned. The worst thing is that instead of mending their system, American politicians shift the focus to lay the blame to imaginary rivalries. Realistically, a weak China does not necessarily make a strong America.
Lessons for tiny nations. You feel strong leaning on the biggest gangster of the day. The day the gangster is humbled by the world, it's the day you PERISH !!!!!“If a country is small but does not feel humble, if it is small but does not fear the strong, if it is rude and insults its big neighbors, if it is greedy and ignorant of friends, it will PERISH!”
The general democracy we have in the globe cannot be democratic due to serious corruption. Singapore is one of the exception and has always been accused of being not democratic!
When you are not corrupt enough you will be brand as not democratic enough
Hahaha, the moderator keeps moving pass any anti-US discussion raised by Kishore instead of probing for more like what a decent journalist would do.
Good afternoon Dr Kishore ❤️🇮🇩🦾😇👋
what a beautiful painting in the background.
Do you have any information on it?
Tbh, i kind of agree with everything he said aside from India being on par with U.S and China, bruh for past 10 years India has been trying to reach 5 trillion GDP and still under 4trillion. India has very deep corruption problem. PM Modi wearing hundreds of thousands$ worth of clothes every week, with gold thread. Tbh, i really doubt a PM's income can fund multi-millionaire life style
Lee is a good interrogator with none of the shrill histrionics of most talking heads.
I thought so too, a job well done so congrats to Lee Williamson.
India needs to overcome some pretty big problems on its own turf first like caste system, corruption cronyism, education, rape culture & disrespect to women.
At current trajectory if China grows by 5%, it will be difficult for India to catch up with it. Maybe US though if it starts to unravel...but India has MANY problems to fix.
It can never get out of it unless there is a revolution or subjugated itself to another power.... Economist Radhika Desai..Global left and India...
The wealthiest newborn in the world today is a Chinese as this person inherits the wealth of 14 Ancestors due to three generations of one child policy.
So China will definitely become rich before it gets old
Thank you
What role had FFCHK taken during the HK rioting in 2019-2020???
the organized will always defeat the unorganized.
If the US wants to win the competition with China, it must restore its organizational capabilities.
But the hope is slim.
this is the man who wrote a book China won . kind of recalibration . never underestimate a creative nature of a free society. and never underestimate America !
He wrote : Has China Won? with question mark. Mr. Kishore never...never underestimate US in any moments
He wrote : Has China Won? with question mark. Mr. Kishore never...never underestimate US in any moments
Elon Muske was born in South Africa
Disagree with prof Kishore about potential of India.
India is a nest of corruption and will never achieve what China has now, much less what China will be.
Wonder why USA politics is personalised. I am not an USA citizen but Trump is the first to reject wars of economic dominance. I think this is a strong attribute. USA must share and end corporate ownership outside USA.
US politicians need to review world history to understand nations rise and fall in cycles despite anyone player's interest or intention to dominate for ever. American exceptionalism is fading due to extreme inequality, shrinking middle class and out of balance military spending.
I had always thought that AFRICA was the oldest civilization... in fact the CRADLE of civilization.
The earliest cradles of civilizations-in modern-day Iraq, Egypt, India, China, Peru and Mexico, beginning between approximately 4000 and 3000 B.C
Ou left out "continuous"!
India was a selfless country before foreign multinationals, NGOs and evangelisers came to India in the eighties.
selfless but expansionist nation? just look at all indis's invasion...
US leading in innovation, then why does China lead in most fields of future technology?
US is welcoming of all talents from all over the world, and it’s attractive to them as well. China may not hold as much appeal. USA recently fielded an all-Chinese math team to beat the Chinese in their game of mathematics brilliance.
@@windydragon6522 Basically you are saying that America is a thief of talents. It does not produce its own talents but steal them from other countries 🤔
The world's biggest debtor is cracking down on the world's biggest creditor. Lawyers are playing Tic-Tac-Toe while engineers are playing GO.
US Democracy: Wyoming population 700k, 2 Senate seats. Wasington DC population 2.4mil, 0 senate seats.
China produces 5 million engineers a year, that is 150 million in 30 years, a working life.
That is only engineers - and the rest, you have a nation with educated population bursting at the seams.
Team this with a country that owns and directs it power to create credit, the most powerful force on earth and add that to their gold backed currency.
Yes China is progressive...
But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
It is a human right and cultural right for some culture to have a tradition the world will come to an end.
I appreciate that Kishore has pointed this out to the face of the so-called journalists in the foreign correspondents' clubs, who are in the same group as the New York Times, Washington Street, and other West media that work on misinformation to smear China. I really hope that they can learn something from the talk with Kishore!
The next ten years will be the same as the last ten years.
Turn on incognito
The chinese people I believe are most innovative people on earth. They inventions include gunpowder and paper, Now having being more educated scientifically and technically like the west then even before, their brain is at full steam to greater breakthrough and new discoveries. The West has been caught off guard up. For example China hypersonic missiles, space, 6G internet are 2 to 3 gen ahead in just last decade.
The chips technologies will surely see a surge over the west to be number one in the question of time and when.
Great work, mainland China ❤❤❤😅😅
So funny from the last question India? As if you have so much concerns for Indians.
Its already underway that the next few decades will see the fall of Western civilization and Empires (USA). Just remember the old Chinese proverb "Wealth can never last more than 3 generations in a Family". The iteration experiences of a few thousand times in Chinese civilization gave birth to this proverb. When in relation to Empires, Dynasties and Nations, it just last a bit longer depending on how wealth is preserved or spent and speeds up even faster when wealth is squandered away thru wars, corruption, bad governance, unproductive activities and poor leadership. The only hard choice left for those in such a situation would always be a shift in the paradigm of thinking and thoughts or face the possibility of revolution, civil riots and wars hence crumbling it from within.
Prof Manubhai you mean to say you do not know where Elon Musk was born??
canada or south africa... my guess.... but you can googled easily... it is a immaterial.
China: 5000 years
Angmohs: 500 years
Lee Kuan Yew: 50 years
Lawrence Wong: 5 years
If you place the current world into the history of China, then you are living under the rule of the Yuan dynasty now. In the West, probably they will call it the dark ages.
If you think in term of capitalism and the avaricious capitalists, then we are in the chaotic world of 魏晋南北朝 (AD220 to AD 589): The USA, the UK, Japan, Argentina, South Korea, and the Philippines are some examples, add in India if you want to expand the list.
Congratulations, if you think you don't belong to the 99.99%.
Ha ha ha!
Show less
kishore mahbubani.. re:the yellow peril.. in may 2019 ex state dept director kiron skinner famously described u. s -china rivalry as 'a fight with a different ideology and the u. s hasn't had that before... she said :china poses a unique challenge because the regime isn't a child of western philosophy and history.. in her most telling comment she said the cold war constituted 'a fight within the western family' while the coming conflict with china is 'the first time that we will have a great power competitor that is not caucasian.. her piece copped a lot of flak n cost her job
A ‘continuous civilization’ is a pointless attribute - a continuous government is something else. The Egyptians have a 6k year old civilization and the Africans have a 4.5m year old ‘civilization’ - it just means people have found the ground suitable for human habitation 😂. Though Definitely correct on the plutocracy that has been grifted from the American people by grifting welfare corporations and billionaires.
I enjoy listening to your geopolitics incites. I wonder if you append your talks by think of how countries can be directed towards joint relations. The USA corporate success is based on colonial restrictive systems that kills competition such as Uber, Amazon, Facebook, etc.who engage in oligopolistic corporations. Destroyed indigenous businesses such as bookshops, supermarkets, stock exchanges, the list is long.
Wow
Kishore is a typical Indian fast talker.
Better check how many fingers you have left after the talk starts.
And check again how many fingers you have after the talk has finished.
Depends on where you are shoving your fingers I guess
Losers are running around to share their grief, crocodile tears 😢 🐊
Dravidian not by competitiveness but by fishing/phishing for talent and manpower from overseas for permanent residency. In other words snoop and patent it in a colonial country, and then there is the constant overseas interference. I doubt any country outside of five eyes has so much disparity between homelessness and people profiteering out of rentals.
Endia no😊
Unfortunately he is wrong indonesia, we are on the brink of sliding back down to darker days abuse of power
1234 1:58
I am looking at the sheepish look of the intervieer when our good friend mentioned the western media inaccurate news..🤣🤣🤣
8bln vs 1.2bln...no contest
RULE BASE - US TELL EVERYONE OFF - UNTIL IT RUNS OUT OF MONEY?
Distracted by his finger
@28 minutes onwards ... South china seas ... How to trust American???
The US is no longer number 1 in innovation overall.
@42:00 huh you can say anything you want in United States??? Try saying something about the fatherless ones and the small hats
Bunch of outward solution which Ethiopia has little control. Why not stipping the wars in Orimia and Amhara regions? how about first stopping the illigal and immoral displacementof the Dere Dawa and Addis Ababa cities ? Hiw about putting corrupted and useless politician ? 💚💛❤️
This dude is stuck in the past
If this is anything, it shows how daft foreign journalists are😂
Wise man have said always the same thing, while the rest will do the contrary as an philosopher said once upon a time. Theft of invention is the highest crime man can do is even worst than the atomic bomb and I do not want to live in a planet where those things happen, is better to be destroyed once and for all rather than living in barbarism.
In this case I talk about theft of my invention.
Blockchain Bernie
This person does not know China much. He should go to study the history of China. Best wishes.
why?
What the US is good at is being a ruthless huckster and confidence co artist. They are great at being like Mafias, even having Mafia like "lawyers" to make offers others cannot turn down. They also have cultural media that spews forth the mythology and illusions of what America is. Then they have a military that acts like Mafia enforcement. If that is what he means by Darwinian, then he is correct. Although I am not sure what he means by Darwinian. I honestly can't respect this man! And why I decided to listen to him again. I can't say. I do not hold any hope of hearing any insights from him. He is less than insightful in my opinion. And I can't honestly understand how anyone holds any respect for him. I find myself often irritated and contemptuous when hearing from this man.
I somewhat agree as some of his claims are born in ignorance.
I agree with some of your views, but I believe if you have read and experienced as much as he did you would know better than to have contempt for this man. Fortunately, it seems a lot of people like to listen to him.
Cccpppp dogggggyyyyy
Sorry Kishore, biggest problem with China is communist governance system.
You had to bring up yellow racism in America to justify your false logic is sad. I agree there is racism against all ethnicity in America. But you should also explain racism against none Chinese especially against Africans and South Asians.
Even in Singapore, how many Indians are discriminated by Chinese.
Yellow fearful Americans have many top corporate CEOs that are yellow. How many Chinese or Singaporean corporations have none Chinese CEOs?
I wonder if china's governance is a modified version of singapore's governance? Deng sent 40,000 chinese to look at how singapore was run....
"How many Chinese or Singaporean corporations have none Chinese CEOs?' So how many of these non-Chinese candidates can speak Mandarin fluently? At least in the US, all the non-white CEOs are willing to adapt and speak English. Now try getting an American CEO to speak Mandarin, before joining a Chinese company.
Brian stupid question....we have seen China bring Saudi and Iran together, galvanize Palestinian factions, work with SE Asian countries (besides Philippines) to develop a dynamic region....what can your journalist and general public do that can be better
US diplomats have been the trenchant ones spouting propaganda instead of building bridges.
Just dumb
Yes China is progressive...
But beyond china's gigantic success is also the gigantic violation on human rights... Violation in encroaching inside neighboring countries EEZ.. sending other countries lot of huckers & Spy's, destroying the marine biology &manipulating other countries Economy to gain Power...🇵🇭🇵🇭🇵🇭🇵🇭
China is a mess. Companies and state institutions cannot pay salaries. The Chinese people are suffering, yet China is investing $50 billion in Africa. What about the Chinese people?
Millions of Americans are struggling. Does it stop USA sending hundreds of billions to Ukraine?
That is the Western political elites and media narratives. When the tourists from the West made a trip to China recently, what they saw shocked them, world class infrastructure, electric cars everywhere, gleaming skyscrapers everywhere, things are affordable, economy is thriving, streets are clean, no pollution, people are friendly, etc.
companies cannot pay? Then it goes broke and got CCP running it.. State institution cannot pay? I think the CCP will also take over... CCP has the printing press's and money is created electronically.... so I believe salaries are easily paid.
unless the salaries are paid in usd , then ccp won't have that printing press.
@biggpicture2930 Not true. China is afraid of inflation, so they can not print new money excessively. Propaganda or not, China's economy is going through a difficult time.
Indian netizens condemned kishore mahbubani for instead of calling out the west for their crimes in India in the 200 years of colonialism, he SPITTED at them by calling it india's century of humiliation. Adding insults to injuries for the victim. WHY HAS KISHORE BECOME SO INHUMAN??
Kishore in one of finest scholars who speaks truth.
Mahbubani was being truthful. India is in a very bad state because the British Empire brutalized it. India adopted British-style democracy after its 1947 independence and it has been a pathetic country ever since. Still mired in extreme poverty. Hindu nationalism run amok. Widespread ethnic/religious strife. Human rights issues, especially with respect to women. The caste system remains a hindrance. Backward education. Backward infrastructure. A per capita GDP of only $2,700 (nominal).
Two centuries of humiliation! Indians should wake up and improve their society like Chinese has done to get over their humiliation by the west.
I diisagree with kishore... He has whacky brain.. blaming UK for india's problem.. Hinduism is why india is in the pit..
India always humiliate themselves... It needs nobody to humiliate them...
Thank you professor for your insights. Only wanted to comment on the 4000 year cultural history of China - yes indeed China has a very ancient rich cultural history, very well respected, it was all sadly demolished, destroyed and desecrated by the CCP in the mid 1940s.
Such cultural richness can still be found in Taiwan but the CCP has destroyed most of it in mainland China. I truly wish that they can bring back the lost rich culture 😢.
Here comes pojoot try to do propaganda and misinformation. There is no rich culture in Taiwan. Taiwan is known for land full of gay , with stolen treasures from mainland China. if you don’t know anything then better don’t open your mouth
ccp did destroyed many chinese traditions... but it is now a powerhouse because of it.
I don't understand why Kishore needs to speak up for China?? He's Singaporean not Chinese! Another thing...why does China threaten the Philippines? And this 9-dash line nonsense....if we allow China to claim the SCS, then Greece will start to claim most of Europe!!
What do you expect? Probably because he is an Asian who rejects to bow to white masters anymore? Besides, the topic of discussion was competition between China and the US. If you want US narratives, you just need to read any western media.
If you study history, you ll understand. When China claimed the islands in 1946, no one contested. That is because US is good friends with KMT.
If KMT continued to rule China, none of this issues will occur. It is all US playing politics of divide and conquer.
You don't speak up for China, because you are Chinese, but because the west has been lying about China and their medias are very powerful.
Kishore speaks the truth and every thinking people applaud him for that.
Sadly there are people who bought into Western lies, and manipulations.
you sound so unintelligent. Study & learn the History of Asia
@AnthonyBoeyKumToh-tl4ud In general, he speaks for all oppressed nations. Those who have endured colonialism.
I want to know why are they lying ❤️🇨🇳🦾😇