China's Economy: Beijing to Give Cash Handouts to Poor | Vantage with Palki Sharma
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- Опубліковано 29 вер 2024
- China's Economy: Beijing to Give Cash Handouts to Poor | Vantage with Palki Sharma
China’s government has announced a rare, one-off cash handout for orphans and people living in extreme poverty, just a day after unveiling a massive economic stimulus plan. The cash aid, to be distributed by October 1, comes as part of China’s efforts to address rising economic challenges. With $142 billion in liquidity injected into financial markets and mortgage rates slashed, China is attempting to stabilise its property sector and provide relief to struggling communities. Palki Sharma tells you more.
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China | Economy | Xi Jinping | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #economy #xijinping #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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I just love how Palkee's army of whatsapp minions and the modibots are CONSTANTLY fighting _imaginary_ 'Chinese bots' in the comment section everyday.
wow. china takes care of their people
😂
In India 800 million live on free rashan and here they are worrying about China 😂
Indian media is a joke all over the world.
Chinese bot spotted
Let me make one thing crystal clear, India elites don't care their people!
Little pink can't comment without free vpn 😁
@@okman9684 😄😄
Palki is more worried about China than India 😂
Very sad palki. That is why wrinkles on face.
According to the US CIA and IMF (2024), the largest economy using the real GDP is China. China's real GDP is over 30% larger than the US' real GDP. This year, China is expected to contribute to over 30% of the global GDP growth when the US is expected to contribute less than 16%.
WOW! I am surprised that this information could be extracted from an Autocratic country. How much did it cost to the USA agencies?
@@Satanreincarnation-zg6sl _"WOW! I am surprised that this information could be extracted from an Autocratic country. How much did it cost to the USA agencies?"_
Information like these can be extracted from ANY country, even in *Pseudo-Democratic* _(describes a political system which calls itself democratic but offers no real choice for the citizens.)_ India. Chinese people have more freedom than people in India as I see them here in the states studying, vacationing, and shopping in places such as Rodeo Dr, South Coast Plaza et al (yes I am from SoCal and witnessed all). Lately the amount of foreign students have declined because of geopolitical tensions. Even Chinese tourists are choosing Europe over the U.S. now. But you wouldn't know that because I doubt you've ever been able to travel outside of your Bollywood fantasy bubble to see other beauties of the world.
@@YouCantHandleTheTruth. ,?🤠🤠🤠🤠! Does that mean the issues presented on this platform is true?
@@Satanreincarnation-zg6sl _"Does that mean the issues presented on this platform is true?"_
Depends on who's buying. I'm sure it is true to the core for its targeted audience and it shows.
@@YouCantHandleTheTruth. , 🤔! My friend, such a profound ideology but does it hold any value of this issue?
Meanwhile, India gave their citizens caste certificates and caste system to follow, poverty, and massive unemployment. Ever wondered why and how many Indians surrender their Indian citizenship for another citizenship? Even wondered why the GDP per capita (also known as annual income of an average citizen) of India is still stuck below 3K, for 76+ years since independence in year 1947? 🤣😂
😂😂😂😂😂😂😂
India has little to be proud of.
Palki's favourite country 🤣🤣🤣🤣💖💖💖💖
Cash handout in India only during Election time. 😅😅😅
Wasn’t it by the Indian Congress Party? Did China supply it to them?
Exactly. Hypocrite.
Couple days without talking china, palki and her bots are short circuited
Chinese bot spotted
@@Abdulhusain-t5g haha I was just talking about palki bots and they showed up and searching, advanced 🥳
Actually, you do make more sense than Shejingpingpong. 👏👏👏 !
@@Satanreincarnation-zg6sl hehe just doing my $0.50
@@Abdulhusain-t5gpalki bots 😂😂😂
Palki and her Wion team scan Chinese media everyday to find any news item related to India. If there is one ( which is as frequent as once per month), Palki get excited and react almost immediately on same or next day.
Fantastic! Isn’t it? 🥳🥳🥳!
As she should!
Poor Palki.
@@Thorium_2600 , how?
What did India gives to the poor? *Empty promise*
Free rice, many states gives money per month
Indian elites don't even care their people,and they don't want know anything about them, they read New YorkTimes & Wall StreetJournal.
Actually, free seminars on how not to be slaves like the Chinese people.
@bmology
Modi is good at making people begging for food. Not cool dude.
@@bmology they should've give them perfume and soap too
You mean fake Chinese cash? With duplicate serial numbers?
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 pre-pandemic level in 2019.
- 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?
😅😅 bro is your source come from: "just trust me bruh! " News. Literally nobody including palki claim that China down 90% GDP and FDI.
Stop spreading fake news around. I wonder how much you get paid for losing morals😂😂😂
US propaganda lol- have you been to China to experience the real China- don't trust US media
Kudos to you!
Palki gets orgasm by talking about Chinese economy. But won't show condition of Indian economy which is 1/5th of china
Indiarrhea just can't compete globally.
28 Gold medals in Asian game 2023 (41 countries out of 195 countries).
0 Gold medals in Olympic games 2024 (185 out of 195 countries).
Difficulty level goes up with more competitors, you see....
Hence Indiarrhea focus on ICC cricket which are participated by 10 countries out of 195.But but but, Indiarrhea could't win in the the ICC cricket "World" cup 2023 either and lost to Australia.
1.42+ billion Indiarrhea are sawft.😅
China won 201 Gold in Asian Games 2023 whereas India won 28 Gold.🤏
China won 40 Gold in Paris Olympic 2024 whereas India won zero gold.🤌
India's lifetime Olympic Gold = 10🤏🤌
China's lifetime Olympic Gold = 325
World Population Review
Average height of Indian men (age 19) = 166.5
Average height of Chinese men (age 19) =175.66
Just compare Modi's height versus Xi 's height
3 foot tall Pajeeets
I am from India, India must always remember that the gap in wealth, economic power, advanced technology and military strength between China and India is even greater than the gap in Olympic gold medals.
China: Gold: 40, Silver: 24, Bronze: 29
Hong Kong, China: Gold: 2, Silver: 0, Bronze: 2
India: Gold: 0, Silver: 0, Bronze: 5
you're not from India, you are the crazy Chinese guy who seems to have made it your life mission to stalk Palki and insult Indians.
Get a life!
China:44 gold
Only 44 gold for 1.4 billion people? It is not much
@@Muesto123india have the same population 💀
@@boiscooka232but they're saying Bharath is decades behind virus country right then it's ok for india to have how much it gained but world's super power china n it's billion population should get more 😅
These handouts and stimulus won't change China's abysmal economic outlook. China should learn from India on how to boost market confidence and alleviate mass poverty effectively.
Thanks, but no thanks.
Robbery of foreign company assets will cause foreign companies to flee China, and China will not learn from India's methods.
wow. china takes care of their people, Palki Sharma dont like it
Nation must learn from Chinese how not to behave once you got money …
Equal income, distribution as such,, the socialite ways and means to government promises.. for the people, by the people etc democracy with Chinese characteristics! Ideology DUDE!
Here we go again. Palki and china. Palki need china to sell her news. 😂😂😂
Bhikarnistan
Remember an impact in China and US affects the whole world
You mean hindustan...we know that. @@XenoninDiscord
Well better than a Country needing China or US just to exist 🥱
And I like it.
Lol not gonna happen people spend if they trust thee system when that trust breaks they gone save the money rather than spend lol
This Sharma is jealous about China 💯 Kina ruwa
Smearing China as always.
Yah, this Black is very Anti China.
How? If she gave any wrong details, then please, correct them.
“…and there is no shift in policy when come in criticisms … you shall face the wreath of the state….” That is an absolute smearing of China.
Tikau mk 4 of How much was she paid to present the script
wonder who gets the money,80 million Chinese have money to travel abroad and others are traveling within China,but Modi once said his government gives free food to 800 million people does he mean Indian economy is going down because people dont have money to eat,in my city depth management services are cropping up everywhere are people in depth and need advice ?,is it a good sign of a economy
No it's just to save money
But would be artifitial and probably short term😅😅😅
Wait, our Chinese friends told us there are no poor people in China ? 🤔
We have the same except x 1000 in Australia!!
China's 4.8% GDP growth in 2023 and 2024, are the same as 11% growth in 2012. Their GDP size is so big now that even at 4.5% growth rate, the growth size is outrageously large.
Further, look at what Chin has achieved in the last 5 years: passed Japan as the largest car exporter in 2023, most of those cars are EV cars; passed South Korea as the world's biggest Large Scale Ship Builder in 2023; produce computer 7nm chips AT SCALE, dominating green energy sector; dominating pharm sector; and most recently they can produce DUV Lith Machin (tools to make computer chips) with 65nm resolution.
And along the way, they popped the Real Estate bubble too. So, the Chinese economy is doing quite well. It might slow down here and there, but their GDP industrial output is shifting to EV cars, high tech and green energy. What China is doing is carefully maneuvering their economy from a low-income nation into a middle-income nation. You will see some up and downs, but eventually they will sail through.
Then, why is China going bankrupt?
Their exports on EVs are in the ports untouched. Nobody wants them…
Too complicated. All this the Gujarati Modibhakts wouldn't understand a thing and still thinks China is collapsing (or even collapsed) while India is already _(magically)_ somehow became the superpower out of thin air.
One thing is that manufacturing units in china and other firms are coming to india ceasing their operations in china
No use wumao😂😂nobody is gonna fell into ur propaganda
At least Chinese are taking care of their people unlike others
Yesterday crynese said there is no economic slowdown and after their papa winnie the pooh revealed the truth now ure gas lighting it 😂
@@sss6678sss kry more kumar 😂
There is a contradiction when ccp claimed to have eradicated poverty😂
You're hilarious 😂
@@PaxPinanceMinstr was the eradication of extreme poverty.
In other words they are mass printing currency.
So much so that Modi would bring his begging bowl for hoping to receive some relief.
@@YouCantHandleTheTruth. Printing will devalue the currency
@@IXXILordFibonacciIXXI 1. the stimulus is not that big, 2. china is in deflation.
@@kimeli Depends on who is telling the story as i hear China is dealing with a growing fiancial crisis.
That may cause inflation
nobody will get a handout. a significant chunk of that money will go to "administrative costs". a few people will be filmed gleefully receiving a handout from a local official anxious to boost his popularity in front of the cameras.
At least they're doing something.
If China gives cash handouts to 40 million poor citizens on the occasion of the CPC's 75th anniversary, is to boost the economy according to this struggling shaman, what about india giving free food to 800 million Indians year after year? 😂😂😂😂
Giving free food is same as giving money ? 😂😂 are you one of those people who thinks elon mask has 400 billion dollars and if he gives everyone 1 billion then no one would be poor . Dude thats not how economy works , giving money devalues it , look what happened in venezuela
@@YangLeeZhao251 Annadata...
@@kingdorm9546 Kerala also, UK giving freebie to islamic Asylum seekers
No you are wrong, giving out money doesn't devalue it. That only happens if the country keeps printing money whilist it isn't producing enough products and services, and also not exporting enough. An economic power house like China, can afford to do this without a problem really, especially if the money is meant to stimulate the economy and support businesses to contribute to the country's GDP. GDP determines the country's currency value to larger extent. @@kingdorm9546
@@kingdorm9546 1. the stimulus is not that big, 2. china is in deflation.
Palki is a genius reporter,to china,you can never own west Philippines sea,god forbids you
Modi once said everybody will get 15lack in their bank accounts😂 Like everything in india only words no action
😂😂😂😂
Yes, you are right and Rahul Gandhi is one of them. All talk , no action.
bengladash's interim government leader meeting Chinese foreign minister wang yi at the UN, SUPERPOWER INDIA GETS TO WORK!!!
WOW! What is he begging for this time from China?
Even you gave money to the poor if job is insufficient then it's useless. The inequality gap will growing...
Inflation in China is close to zero, India is close to 10, so China is not afraid of inflation, OK?
Whatever you say. Being a slave is also doing a job.
Wo men chirdao bukuo ni ye chirdao indu shi indu
India is a power and world like India
We know u don't have govt just a party who rules
And economic thing what to say everyone knows 😂
Taiwan shi chinda Zhungguo ❤
Don't say u r not chinese 😂
@@彼岸菩提 , nice! And you came all the way from Baotang to say this. 👏👏👏👏👏👏👏!
China 😢😅🤣. Bye-bye, 🇨🇳 😘🤣
Unknown why people stop spending if the future looks bad save it buying a jacket isn’t gonna keep a roof over your head
The poor in china would be defined as high middle class in india. Some Indians can have more than one meal a day now.
Fantastic! Isn’t it? It is so sad that the rich Chinese business people are not even getting a meal a day in Prison since Shejingpingpong is punishing them.
@@Satanreincarnation-zg6sl why you sympathize with the rich that much?
@@edhiepitz , 🤔! How did one become rich in China?
😂😂😂😂
The poor girl can't even spell the word "stimulus" correctly.
Chinese bots in comment section 😂😂😝
CCP Bots Incoming!!!!!!!!!!!!!!!! 😅
Palki Sharma what is meant by KG? KJ in the phil. it means "Kill Joy"? hehe. love you.
🤠🤠🤠🤠! Check your own comment first.
She dream China and Pakistan in her dream Evey night
It seems more like your Dictator master is making you dream of this platform.
4:18
Firstpost ×
FirstBJP √
what a good country
Maybe giving duplicate money 😅
This is a great idea by the Chinese government caring about the country and it people. In India and the west only the poor give money to the government
😂. Did you find the economist? Be careful you can go missing
@@GoGreen99962
"find the economist"?
He is probably much safer than you.
Not all societies/cultures are encouraging and supportive of Insecure, attention-seeking and disruptive loud mouths: There are better ways to cure your insecurities beside being disruptive attention-seekers.
It should be 'stimulus ' on the thumbnail, not sitmulus
Chinese people are good, very very good, as saving/amassing wealth.
I'm betting that even a lot of that Tiny Chinese stimulus will wind up in savings accounts. lol
Anti India forces looms large at our vicinity and we need a strong leader with deep political acumen, knowledge who is a dexterous player to dodge bullets triggered at us. Hence, Rahul Gandhi would have failed terribly if he were PM instead of Narendra Modi. I don't believe Rahul Gandhi could have handled Maldives, Sri Lanka, China & Bangladesh in a row. You might assault me verbally but It's true Modi's acumen, intelligence and skill to deal with competitors are much superior to Rahul.
still having trade deficit to anti hindia force chyna seems to be bad news for hindia😂😂
still having trade deficit to anti hindia force chyna seems to be bad news for hindia😂😂
still having trade deficit to anti hindia force chyna seems to be bad news for hindia😂😂
still having trade deficit to anti hindia force chyna seems to be bad news for hindia😂😂
still having trade deficit to anti hindia force chyna seems to be bad news for hindia😂😂
Giving cash handouts?
By printing more paper money?
No, listen to the report again. It is by coupons. It can not be use to buy luxury goods at a store. It is coupons to trade for living upgrades.
@@phillipchan6919 Thank you
What is Sitmulus? Please see thumbnail...😅
I'm here after watching BackpackerBen and Bald visiting lndia
Spelling of stimulus is wrong
Cash handouts common in rich countries like Singapore, Malaysia, Thailand , Taiwan , South Korea , Hong Kong , Macau
Super Hyper power "Ind*a" not in it?
This won't cause hyperinflation at all
you do know that china is in deflation right.
@@kimeli they don't even know what deflation is since they never experience it.
This was a fair and balanced report if anyome bothers to fact check.
You shall face the rock of the state 4:38
Inflation on process.
Hopefully their, handouts might be something more innovative, unlike India. The whole comparison is Minimum Standard of Living. Economic reasons may be many. I hope their idea shall be successful.
I though Xi ended poverty 😂😅
Yes, only for the members of the CCP.
50 CENT WUMAOS are working overtime now will get some😔😔
What a loser!!!
They already printed multiple copies of currency with the same serial number. I'm sure some officials are hiding cash behind the wall.
Yes mine teacher Palki you and your team members of teacher that rules your news show are right keep preaching negativety hope modi next week also give some money and see if you be more positive
So many BJP bots parroting the same narrative without any substance.
While (Nita) Ambani feeds meager 0.02 cent dal meals to people in Gujarat to boosts their own image.
😂😂😂 economist went missing. . Xi 🤦
He might be on holidays. Indian economists are jokers and clowns.
Kind attention: China has crumbled. This minimum amount is given to escape them from poverty and death. Mr.Xi is not the Den xio peng. President Mr.Xi is embroiled in hegemony the root cause of miseries to the Chinese. China will collapse the same way they are grown. This is inevitable is predicted.
Krishna Swamy Dhanabalan Attorney economist engineer political strategist and advisor.
It's normal, China has been collapsing in Western media for almost 20 years, and I can see at least 5 or more news about China's collapse every day! Don't make a fuss!
Beijing bot are already here it Seems 🧐.
hi delhi bot
@@adamsaciid4919And Here he comes
Why not? What is wrong with it?
Have you received this month’s 5 kilograms of free food?
What about their iron brothers... Pakistan....😂....dollars please
🤣🤣🤣
What about millions of Indians without toilets?
@@MIDNIMOJANAQOOW
@@MIDNIMOJANAQOOW the whole river and sea are Toilet, so why bother build one?
Don't snear at China handouts. Can India do it???
Chinas economy is built on tofu😂
I believe you forgot to put Soy Sauce in it.
这是印度媒体😂
And an imbecile came to make a comment. 🙏🏼 !
Wo men bushi CCP media hao ma
@@indianshen2508不对吧，中国共产党的官方媒体很少有对印度国情说三道四的。
@@xiansheng12345我相信双方的和平，我将成为你们国家未来的外交官，但说任何事情，比如为什么新闻 印度必须照顾好自己的邻国，最重要的是我们的利益
@@xiansheng12345我们知道媒体在说什么，中国环球时报分享和删除的关于苏杰尚卡尔的评论并没有被世界隐藏全世界都知道这是中共唯一的新闻频道 其余我无话可说
🏋️🏋️ great that the govt wants to assist those in need -- no probl. However, materialistic values, like in Shanghai, are partt of the corrpt. of rhe West ...❤❤
Not at all.
5yuan per person…
Now Poor WUMAOS will get Some money From their PAPA XI pingpong😅
Says the poor modibhakts that couldn't even get 2 worthless _Indian rupees_ from their clown Modi.
Nothing wrong with that
4’ yellow men 😂
Which their women are still taller than most of your men.
where are my pipe and sheep
Urmila Matondkar owns 63 percent of the combined assets with her husband, Mohsin. The report claims that her net worth will change after her divorce from him. Currently, Urmila Matondkar, who is one of the famous Bollywood actresses, has fixed assets worth Rs. 68.28 crore Talking about her assets, Urmila declared her assets in an affidavit in 2019, which includes diamond jewellery worth Rs. 1.27 crore, gold coins worth Rs. 1.48 lakh, and gold jewellery worth Rs. 17.65 lakh. She also owns a commercial property worth Rs. 2 crore and three residential flats. Apart from this, Urmila also owns a farm worth Rs. 60 lakh. Mohsin is a businessman from Kashmir. According to a report in Times Now, his net worth is Rs. 32.65 crore. The report also claims that he has furniture and other assets in his home worth Rs. 5 lakh. Urmila has furniture and other assets worth Rs. 33 lakh. Mohsin also owns a property worth Rs. 30 lakh in Mumbai's Meera Road. A report in the Hindustan Times claimed that Urmila Matondkar has filed for divorce from her husband, Mohsin Akhtar Mir. It is also to be noted that the divorce isn't mutual. A source close to the actress revealed that Urmila decided to end her marriage with Mohsin, which comes as a shock for the nation. However, the reason behind their separation is not yet known.
Giant Indians won 0 Gold medals at last 2024 Olympics Games. 😂😂😂 A Giant lost. 😂😂😂
3 foot tall brown men. World Population Review
Average height of Indian men (age 19) = 166.5
Average height of Chinese men (age 19) =175.66
Just compare Modi's height versus Xi 's height
🤣
Best caring government in the world.