China's Debt Crisis: Crisis Managers to Rushed Indebted Provinces | Vantage with Palki Sharma
Вставка
- Опубліковано 15 жов 2024
- China's Debt Crisis: Crisis Managers to Rushed Indebted Provinces | Vantage with Palki Sharma
China's local governments are struggling with high levels of debt. Going by one claim - the local governments owe at least $13 trillion dollars. Reports say, Beijing has now rushed crisis managers to the most troubled provinces in an attempt to fix their books. Palki Sharma tells you the full story
China | Debt Crisis | Beijing | Xi Jinping | Firstpost | World News | Vantage | Palki Sharma
#china #debtridden #beijing #xijinping #palkisharma #firstpost #vantageonfirstpost #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.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Japan debt to gdp=260%
Italy debt to gdp=150%
US debt to gdp=128%
UK debt to gdp=103%
France debt to gdp=112%
These are 2021figures ...only thing is this lady talks negatively about china as if there are no countries out there with much bigger debt... obviously to develop u need debt
This my favorite, “ticking time bomb”. Arrogance is always followed by destruction 🤣
Arrogance is Modi's first name
@@josephtan4627it's pappu name bruh who is frustrated why he can't be PM 😤😭.
@@josephtan4627yes Vinnie can't maintain China's mainland economy properly and when it isncrashing down and Modi is to be blamed...
Islamized China is far better than Chinese Islam 😊
@@josephtan4627 so Joseph Tan sister in China's was groped abd graped.. Joe Biden is to blame.
Lol she never told you chinese debt is inside like son borrowing from father it's still inside country not like India got loan from IMF,World Bank or US selling bond to china, Japan where you have to pay interest and money go out of country
Seeing you after a very long time mam, glad that you are back❤️
If China has financial challenges how did they give loans to Sri Lanka and Pakistan and land those countries into debt trap?
One needs to show others that they are rich. The guys borrowing wouldn't know or care as long as they get their "money". Book keeping covers everything. The people are the one who gets impact. Governments on the other looks good to both debtors and creditors and keeps the politicians in power. It is a well known and played game.
The problem is that's what India is wishing for. To collapse Chinese economy.
@@tonybrown9598 same with China...they want to be superpower not only on earth but the universe with moon for starters and at the expense of others. Same goes for USA, EU etc.. we have a negative global world leadership.
@@striker44Chinese economy 35% is construction sector all 5 companies are doomed and not able to deliver homes secondly this companies have huge debts so that banks in shanghai.were protected by tanks because of not having enough cash to withdraw from banks. China has total national debt of 53 trillion dollars. There so called worlds best bullet trains makes 300 billion loss every years the unemployment rate right now is 42%. Even we have 6%. Exports declined by 15% , china doesn't let this news come out so we have been made think china is very strong by chi ese funded media. Just imagine 53+13 trillion debt that's so huge. Compared to 18 trillion economy.
@prakashsivasankar5350 They Doesn't Have Democracy
13T is nothing. The US has over 32T in govt debt alone. Interest on that is 1.2T just for 2023.
India need more journalists like you, you should do a program only focusing on India-China all issues political, economical, geographical, philosophical, defense,…
She is brilliant journalist and will get oscar soon😂😂😂
Indians so obsessed with China
Duh! It will be full of misleading anti China propaganda rather than being fair, objective and unbiased.
She's an obsessed journalist, only good in telling bad china stories but her country still has people who eat other people
@@akbarjonathan3656 , you are crying because you want to be a liberian bot.
China is 19 trillion gdp india is 3.7 trillion. Population of india same as china. Then how is china doing bad. Its india that needs constant western help
No need ur ccp advise we can do better just wait ..
@@25baam23 we will see. Indians dying to leave india
@@MO58899 haha funny idiot
This woman is reporting china have debts but not reporting India only wish to be in the same situation
When Old Lady got jealous...??? 😋😜😁
Palki, this is private debt, nating to do with the Chinese government. China Investment Corporation (CIC) is a sovereign wealth fund, and it has more than $2.7 trillion available for investment.
Debt is haram in islam
Fool , Not a single bank in China is 100% private . that's where CCP govt comes into picture 😢
There's US bondholders whom Chinese owe 1 trillion USD
ua-cam.com/video/A9-wfHgjTB8/v-deo.html
China's economy 19 Trillion.
India's Economy 3 Trillion.
And China is also by far richest the country in the world.
So if India say that China is not doing good. We can't imagine just how horrific it must be in India.
What a useless & illogical comment! Did someone ask you to post this on their behalf, or was this your own comment!?
@@NarayananV28 it actually makes sense.
One of the two is lying and it ain't India.
@EshweshwaShwornUSA China prints "Double" currency bills, two bills with same serial numbers
@EshweshwaShwornUSAshow one incident where India has used the Chinese yuan to make any sort of payments?
You are nothing but a Chinese bigoted bot
Only.... Pakistan can help in this situation 😊
😂
Pakistan will save China by providing loans.😂
Iron brothers with Iron deficiency in their relationship
Pakistan is expert in begging. They can show the Chinese the know how.
@Xinnie_The_Pooh No. Pakistan will help China by not asking more loans 😂
Chinese bots will be coming😂😂😂
They can't save China. Only whimp on UA-cam. 😂
@@tikatank6772Wion 2019: China's
economy will collapse in
2020 due to massive flooding and starvation.
Indians: They deserve it&
Wion 2020: China 's economy will collapse in
2021 due to Covid19
Indians: good
Wion 2021: China's
economy will collapse in
2022 due to Evergrande crisis
Indians: karma
Wion 2022: China's
economy will collapse in
2023 due to massive debt
Indians: hooray
Firstpost 2023: China's
economy will collapse
in 2024 due to President Xi's failed economic
policies
Pajeed beggar crying on made in china mobile
13 Trillon is not that much for a $19 trillion economy with 1.4 billion people. U Need to be worried about US $32 trillion debt which will take down the whole world including India with its $600 billion is savings
Eeeh, most experts estimate China's true GPD to be between 11 and 14 trillion and true debt to be much higher.
@@michaelgothenburg364 white media always lies about its enemies. Nothing new
This is the 1000th time we are hearing, China is in big trouble. But the ones who say that, their countries are already in bigger trouble. Why Ms. Shawarma? Why this much obsession with China?
and we love hearing it, music to our ears
Maybe I drank too much cow urine.😂
@@JongyuoyKim-cv3upnot cow urine but gutter oil and spit oil😂
@@JongyuoyKim-cv3upor ate too much gutter oil.😂
Just keeping an eye on the growing mess. The last time the Chinese sneaked a deadly microbe into the world when no one was looking.
There is no financial problems in china. Go and see. Their employees salary is 10 times than Indian employees. Chinese spend a lot money to travel and shopping. No other countries can
No More 😂😂😂
Housing debt of China 😮
We believe you... Chinese joker 😂😂
Why the hell ccp bot is here . Why are u comparing with india we know u are rich country .
No need to believe me. If you have money just travel to China then you will believe yourself. I have been India many times. The road and market are still so dirty. @@piku8700
SOME DAY PALKI WILL SURELY GET CHINESE OSKAR😂😅😅😊😂😂
Is it not strange, China at Govt level does a lot of manipulation (state govts not recording loans in book), still world top banks, VC, investors have no problem in investing in China.
Similar minds of robbers, looters and scavengers think and work in unison 🤣
Great information on China's circular debt.
China's GDP 2023
= $19.91 trillion
India's GDP 2023
= $3.73 trillion
China's central, provincial and local government debt = 77% of GDP
India's central, state and local government debt = 88% of GDP
China's overall debt aka national debt (government + corporate + household) = 278% of GDP or $52 trillion
India's overall debt aka national debt (government + corporate + household) = 879% of GDP or $30 trillion
China's external debt (debt in foreign currencies) = $1.35 trillion or 7% of GDP
India's external debt (debt in foreign currencies) = $663 billion or 19% of GDP
China's foreign exchange reserves = $3.6 trillion or $3,600 billion
India's foreign exchange reserves = $583 billion
China's budget deficit
= 0.7% of GDP
India's budget deficit
= 6.9% of GDP
FDI into China for the first half of 2023 = $189 billion
FDI into India for the first half of 2023 = $70 billion
China's FDI to other countries for the first half of 2023 = $157 billion
India's FDI to other countries for the first half of 2023 = $12 billion
China's merchandise exports 2022= $3.89 trillion
India's merchandise exports 2022= $411 billion
China's merchandise trade balance 2022
= $881 billion surplus
India's merchandise trade balance 2022
= -$205 billion deficit
China's savings rate
= 47%
India's savings rate
= 11%
China's credit rating
= A+
India's credit rating
= BBB-
I just had to look at one statistic to come to a conclusion that this comment came straight out of your ass.😂
Source of India's debt: Line University.😂
@@Xinnie_The_Flui just looked at india gdp to debt
India beggar Airways
Source:-cpp
@@bibliophile5700 if imf and world bank are ccp then ok .
Let's see the source china
Ur phone made in china
Guns
Internet devices
Laptops
Toys
Consoles
Hard drives
Car batteries
Everything u own
All source : china
@@jacksmith-mu3ee it's funny that when I do a Google search this is what it comes up with....
83%
India's is officially reported as having a debt-to-GDP ratio of 83% by the IMF. For China, it's 250%.
Maybe you're using Bing.😂
As for a beggar country, that would be Pakistan and China,
The GDP (PPP) of China is now at appr. 140% of the US level.
The US have now a public debt of 32 trillion US$ or 104,000 US$ each citizen.
So 13 trillion US$ debt for China sounds not so frustrating, it is less than 10,000 US$ each citizen.
Some debt is not a bad thing at all. Businessmen who wish to expand at a projection beyond the prevailing interest rates leverage, technically, on debt as such and the company grows exponentially that it cannot otherwise on its own liquidity. It's also about not missing the waves of opportunity as they come and go. What does the Indian venomous mouth really know or comprehend?
13 Trillion is just the local debt. The debt everyone talks about in the US which is 31 trillion is only 10 trillion in foreign debt and most of that is currency used for global trade. If the USA "paid" it off, the world economy would crash because deflation. USA GDP per capita is $70,000. China GDP per capita is $12,000. Real numbers out of China have always been cooked though. 13 Trillion dollars is conservative. Not only will local governments need to stop issuing new debt, but they will need to directly tax folks because the property market is now DONE for a decade. Land sales are a silly way to fund governments as the revenue can evaporate once demand goes down.
@@barryraymond9004 Your reply sounds like a statement of one of your 80+ yo politicians, who think that the US are in the same position as 50 years before.
To be honest: It is over now for the US. The world simply does not accept the business model of the US any more - and this is war in countries far, far away.
Only 16 years of the 247 years of the US have been without war - very, very sad.
Especially because the US have only two friendly neighbours.
De-dollarization ist running fast and BRICS/SCO has 4 times more inhabitants than NATO. They have much more ressources, more land, more nuclear war heads and soon the currency of tomorrow.
And they will do now with NATO exactly, what NATO did with Warsaw Pact.
30 (!!) new countries want to go with BRICS (even two NATO countries) an we are happy about Finland as a new member of NATO.
If US and other countries not investment’s to China and without, China will go bankrupt.
Biden tries without all companies.
@@barryraymond9004 he's also ignoring the fact that most of the US debt is owed to private investors and some to the federal reserve. I agree with you on the massive deflation that it would cause if the US paid all of that. He's one of those people that want to draw attention away from the issue.
India's longing wish day and night 24/7/365 - is the collapsed of China. In reality, it is quite the opposite and China has indefinitely left poor India behind. So sad.
What do you even know to say that India's longing wish is China's collaspe? That also with wrong grammer at that.
WUMAO bat eating pislamic bot
Stupid comment. If china collapse it will be bad for india and asia too. We are in asia too. Dont spread unnecessary hatred and misunderstanding. If china collopses it will benefit usa only abd no body. India china has only one issue, thats border issue. In fact its china who tries to keep india down by doing things it dont like. When was the last you seen chinese president shaking hands with Indian PM ????? Chinese president will shake hands with all small countries Maldives, papua guinea etc thats because china dont want india to develop
India very jealous of China.
@@Rash_max_2007 _"What do you even know to say that India's longing wish is China's collaspe? That also with wrong grammer at that."_
Not my problem if you have a hard time comprehending logic written in proper American-English. Before you go on and try to correct on me , take a good hard look at yourself in the mirror, starting with your spelling and grammar.
They carryout course corrections , reoptimisation and reeducation ( reality) in time to stabilize any imbalance and make their people in the affected areas help themselves through guided effort. They have minimal political exploitative unrest. Their procedure is help us to help you realistically.
Palkiji 🌹, If China gets Weaker in the Future, India 🇮🇳 must grab this opportunity, and must make multiple Efforts to replace China 👹...
The Challenge is Very Tough, But not Impossible.
Jai Hind....🇮🇳💪.
No way. Indians cannot work as hard or as smart as the Chinese.
The eastern people are like robots - smart robots. We do not have that stamina.
I know that India is a great powerfull country! And no disrespect to it! but china is the new power house of the world. And every body knows it! Why can't you both work together. And have russar as a good friend to you both. My god what a team that would be! Think about the trade you would have!
As a westerner, I don't mind if India overtakes China at all. Please, I would like to see it one day. I wish you a healthy future
@@michaelgothenburg364 🇮🇳🇮🇳🇮🇳
You can change my country always good fan from Bangalore
Let's know about India's debt, China's economy is far more efficient, bigger and performs better than India's economy
It’s always about China 😢India don’t got no news 🤦🏿🤦🏿🤦🏿🤦🏿🤦🏿
I am not too sure why India is so obsessed with the Chinese economy. They should They should Worry they are own economy. Never mind about China's.
Why not it's fun 🍿🍿🍿
One should take a look at per capita GDP of India over past 20 years to know the real stature of Indian Economy. India should grow at 8% to even remain at the same position.
Let's seriously consider stable growth and development programs rather than accommodate few mega MNC's who will bring only screwdriver tech that which will not benefit in the near or longer term
Chinese economy 35% is construction sector all 5 companies are doomed and not able to deliver homes secondly this companies have huge debts so that banks in shanghai.were protected by tanks because of not having enough cash to withdraw from banks. China has total national debt of 53 trillion dollars. There so called worlds best bullet trains makes 300 billion loss every years the unemployment rate right now is 42%. Even we have 6%. Exports declined by 15% , china doesn't let this news come out so we have been made think china is very strong by chi ese funded media. Just imagine 53+13 trillion debt that's so huge. Compared to 18 trillion economy.
@user-um2hj7jn5y What china has been doing is known to all the right people.
Indian story is different. During the 1980s, there was massive impetus on SSI and electronics. It petered out due to various barriers and when under WTO we were forced to open up, unlike Chinese who erected hard barriers for imports, we were flooded even with cosmetics and all FMCG imports, particularly Korea and China. Result: Local manufacturing base eroded quickly. Now it's a bit late as the mindset now is to have a low wage white collar job rather than a satisfying blue collar job. Just look at the numbers of capable youngsters caught up in swiggy like jobs.
Our unemployment numbers are fudged. Our per capita compares real poor countries. That's the true yardstick. I never mentioned China in my comment before, though.
Xi Ji Ping should be congratulated from transforming parts of China from a dusty outpost to a modern & clean metropolis. even though it must cost trillions in liabilities.
What would you say about the US with 158 Trillion Dollars dept
Not as bad as the greatest warmongering nation the US, the US owes $35 trillion dollars in debt 😂with over 41 million homeless people that they can't even take care of, failing infrastructures in every major towns and cities,living and surviving on printed dollars and a great balloon economy 😂
You should be cheering on India to live up to its potential rather than celebrating China's premature death. Its population is that same as India's but its GDP is 6 times bjgger than India's. Lose sleep over that!
All countries go through crises at one time or the other. But no country has underperformed like India.
You definitely love to analyze China 🇨🇳
how about Chinese roads around the world?
Palki ❤
This story... imply to Telangana state in India... some what...
i could not understand when you said this company contributes 33% of China gdp. Even 1% is too high.
I think there is a need to improve the sound quality...of your videos mam
China's loss is not a gain of India in any sense....
when enemy is destroyed without getting hands dirty it is an advantage.
@@pranayreddy5824 dream on
Don’t worry about China.
In ten years, Vietnam Malaysia Indonesia Africa etc will be much much developed and advanced than India so take more time to report on why companies are fleeting and woman being gang rape and people are still being killed as of today.
Please what is happening in India you talk, sleep, eat, drink China, was your heart broken by a Chinese man. We would like to know about the riches and suffering of India people also we fed up with Chinese propaganda reporting. You had a report about the top rail system of India and there 3 train which collided and a bridge collapsed in 1 month.
Can't wait for the report on America
China economy is in crisis, how is Indian economy?
In a dramatic scene, China holds a lot of US debt. Russia hopes to use more RMB. The International Monetary Fund provides loans to India, and China is one of the largest shareholders of the Fund.
Got an idea....Take all that money back from IMF and pay Chinese real estate buyers!
Not anymore, less than 800b dollars. China have been selling for last 3 years after they saw how US lockup Russia money.
Men, China's economy beats India 99 folds. The pudding proves it all not the bustling poverty.
Do away with wishful thinking .. What Chinese call poor is good to go in India. Make peace, you make more cheese. One thing about Chinese I like is; nothing obsess them and they know doing their own thing quietly
China hold very little US debt.
Better up to last drop!!! Until pooh beg for food in the streets!!!
4:17 I have nothing but huge respect for the amazing work of Dr. Shashi Tharoor's captivating book, *How British looted 45 trillion from India* which unquestionably stands as a masterpiece of the highest quality. The content of the book is truly awe-inspiring, and I thoroughly enjoyed reading it. The dedication and hard work poured into the book are greatly appreciated by many, he is the true hero in our story. Additionally, the Union Public Service Commission has delivered a remarkable report titled संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC," which is equally astounding. The commission consistently produces insightful and thought-provoking articles of the utmost caliber, and I sincerely hope they continue to produce such exceptional work.
Muslims looted india for 1000 years u got no issue with Muslims then why the racism against british
Can India sue U.S. through ICc. I kno Africa should too
Lol. Seems that u r promoting his book. See yr same comments on few posts. I guess profile pic is 😂.
why are you laughing at India's misfortune. have you lost your brains. you could be 100% more sympathetic. I didn't call you a cheap escort.
Bot pretending to be indian
There is another piece of news you don't like to know that is China's foreign reserve just increased to the highest level ever. China also has world four largest banks, and in fact out of top 30 banks around the world 1/3 of them are Chinese banks. Out of top 100 1 in 5 is a Chinese bank, India only has 1 bank in the top 100.
jliang, think of all the forests you had to sacrifice in order to print expensive chinese yuan. At least india saved it's eco-system by not printing expensive rupees. who cares if india has 1001 banks in the top 100.
@@deepakbhana8937 That just shows how outdated you are, and you still think cash is the way that business transactions are completed.. Stupidity. And by the way why most of polluted cities in the world are in India. Last time I read 19 out of 20 most polluted cities in the world are Indian cities.
Karma is hitting China 😂😂😂😂
Google Zhuozhou, see the situation there after floods. CCP is pure evil.
@@bopian8913India has two big toilets beside them it's called China and Pakistan
@@bopian8913 Please stay away from us, we are the Best ❤️❤️❤️🙏❤️🇮🇳💪
@@monakandari6160 Best answer dear 💪🙏
I'm a fan here in the Philippines 🌴
Ridiculous the channel does not tell US depth 30.1 trillion,meaning no country can be a superpower without enermous dept,India's depth $727 billion nowhere close to being a superpower
Firstpost is getting healthy day by day😊
Is it not the US fed is also doing?
Year 2000
China GDP: USD1,211 Trillion
World GDP: USD 33,84 Trillion
China share of world GDP:3,578%
This percentage is exactly the same as India stands today year 2023
India is 23 years behind China
Palki report on Manipur ASAP. We need to know why Indian government is restricting the Internet and put restricting reporting. If you are a real journalist, then you should report regardless of loyalty.
Imran khan : Jail is fantastic
What about Wilko and American companies?
Palki, where are you getting your misleading propaganda from? Despite all its woes, China is still moving ahead and will be #1 sooner than later. Why not focus on that! Why not tell us about that! Why not tell us how India will emulate China’s success.
chinese dictatorship is going down....US cold war on china is working😂
Keep living the dream and don't wake up.😂
@@lijingcheng1194 thats why your news channels are condemming US 😂😂😂 , if you are so confident in ur economy why condemn and fear 😂😂😂
Indian pajeed
😂
June 2023 J India's overal exports fell by 13%, and
merchandise exports fell by 22%
If China's growth tanked J then India's economy is
crash landing
@@ghananath3556awww indian pajeed . U are crying when obama caught u beggar boy
If china has 5trillions debt and how about US who have a 35trillions US dollars from IMF/World bank. Now US millions poor American are suffering of high inflation /no houses /unemplyment/no medicare /no clean water others. Whose country who are bankrupt now???
China🇨🇳 = $19.91 trillion
India🇮🇳 = $3.45 trillion
International trade:
China🇨🇳 = $3.7 trillion
India🇮🇳 = $740 billion
External trade to GDP:
China🇨🇳 = 18%
India🇮🇳 = 22%
India's exports are also falling due to global recession and worse, India's economy is more reliant on foreign trade than China
India's GDP=$4 trillion
China's GDP=$18.5 trillion
Yes before 2014 India's GDP is 20 trillion dollars now it is sink to 3 trillion dollars .😂
@@bibliophile5700
India loan 2.81 trillion
That 19 trillion figure is fake. You are around 8 to 9 trillion true economy.
Doesn't make a difference to us. And yeah, keep inflating the numbers. Some say 23 trillion some say 19 trillion. Ask Xi to make up his mind - which one is it?🤣
One who digs for others, he himself dig in it.
Country Garden stock today is 9 cents.
😂😂😂😂 when modi comes to power total indian det is 54 billion 67 years . Only 9 year it became 155 billion 😂😂😂 dont talk about that
How much China owe India? How much to America? That right it’s a debt to itself.
China's true GDP is more like 11 to max 14 trillion
America's annual INTEREST on outstanding debt is $1tr. Looks like China might be heading in the same direction.
And this with true GDP 30 to 50% lower than they state.
We don't even know how bad it is for China as China cooks the books and isn't transparent. If China is saying its that number then expect the problem to be much worse than what they are saying. America isn't in any danger of collapse so it's not a issue.
This is the reason Janet Yellen went to China to help China to spend China's money wisely......
China is BIG not creating enough damage to get into a total collapse..They are also having findings by providing cheap economic short term gains. The perspective plan like belt and road initiative is not successful. I think PRC has already slowing down with it since there is no immediate returns.. The only source helping them is reverse engineering and shipping..
I've been hearing about China's doom for years now... Palki is more and more interested in China's fall, than Modis I action in Maripul 😂😂😂... or why over 2,000 multi-national companies left India from 2014 to 2022. Why's that? Palki?
Well first it's Manipur
The 2nd lot of people in india slowly realising BJP is just developing Gujarat and most of the economy comes from non BJP like south states and Maharashtra where there is no BJP influence.
BJP is the majority of people's party which are Hindi belts.
I just hope people in the north also realise that BJP is a business party not people's party.
You can't spell Manipur?😂
Ahhh typical Chinese whataoutism. Whenever they have nothing to say, they bring up something that has nothing to do with the discussion😁😆😂 Such a stupid face saving culture. An entire country of people with glass hearts. Now that their economy is collapsing and everything is going to shit, they have to play the whataboutism game😂😂
The Chinese have been moving money around for years, but now they are using their people's bank savings.
That's why they haven't fallen. As a result of what happened in the 1970s, Chinese people have always saved money for decades.
Therefore, they have access to the bank accounts of Chinese people.
Get some real facts more and more mncs coming to India.Soon india will be manufacturing hub get burnol 😂
China needs dollars, not bricks.
Winnie the Pooh will wear abear costume and work in a zoo.
Even if China's real estate bubble bursted, its economy would still be several times bigger than that of India.
Such as a contrast:
Indian scammer woman vs Chinese, owner of Country Garden, wealthiest woman in Asia.
Sour grapes
It was without a slightest bit of worry.
Dear Sharma, China definitely would pay any debt occurred, unlike India which prefer to rob from any entity doing business or trying to invest in it.... Sharma,India should also take good care of its internal affairs, such as the Manipur issue etc. So don't try to talk I'll of others 🤬
First, focus on your own country! Balochistan wanting their independence 😢
Only for chinese
wow news
Palki sharma should give the correct figure of Chinese Debt. The Chinese total local government debt is $23 trillion. Not $13 trillion.
An elephant in the room for many, has an elephant in their own room now.. Ignore at your own peril.
I want to know what is happening inside India in a Manipur State.....
BRI- Built in Rob initiative..
waiting for chinese bots now. to explain why robbing is a good policy.
Line is cleared for India to no. 1 position but India still world no.1 in providing 80 crore people free ration..
I wouldn’t exactly trust Uncle Joe, not that I disagree with this statement.
Where’s your Modi the Ape at about Manipur? I dont think anybody cares or do some reporting on Manipur. So always stay indoor and don’t go anywhere after 5pm, buy metal undies with locks.
The Flying Fox 🦇 are Celebrating
According to the "world economic".. China debt to gdp is 62% and India debts to gdp is 52%...
They're using official numbers and all experts agree they are not true
They continue to grow stronger each year
Why don't you invest in Chinese stock market then ?? Chutiye go and check shanghai index grew only 1% in 1 year
@@AemondTomahawkAby chutiye people didn't invest in india until 1991
Hey guys respectable can u keep people born inland way from me 🙂 not my way not in my name plz
They show it. They are not as strong as they show. Otherwise, they would have taken over all our Himalayan lands.
@@AemondTomahawk Stock does not reflect economic reality, stock are more speculative in nature. The stock does not tell you that Chinese become the dominant player in electric cars, ev batteries or major ship building countries, leading car exporters, and their shift in the manufacturing sectors, their dominance in rare earth material nor other materials.
Us has $30 trillion debt
It's 32 trillion but it's total debt to GDP is 130%. China's total debt to GDP is almost 300%.
what 300%? that is RMB not US dolloar!!! my god
100trillion RMB=13Trillion US dollar...idt
32trillion of US debt is pure debt.....13trillion of Chinese local government "debt" is investment and future assets
@@jkc3738 It's in terms of percentage of GDP It doesn't matter whether it's RMB or USD simple.
Their intentions are bad.. that's the main reason they are losing the trades
Amen! So very true
Not sure that economy of China has major impact of real estate..Palki ji...please check once again
Very sure. The Chinese real state market crashed. The loan is overdue.
@@tikatank6772source trust me nri
They haven't shown Growth in Software & Pharma....How jobs r creating in China...So far china developed Decade ago due to Security Council Memberships.... Public Sector jobs will not Full Filled by All....If they Print Currency than China will demolish Economically
In this Era of CBDC one can issue as much of digital currency as one wants to by just typing in the figure required, supported by equivalent supply of good, services & agros.
Palki's obsession with China can be compred with Smruti Irani's Rahul Gandhi. 😅😅😅
If all countries are in debt then who is the creditors?
How come a $12 trillion economy finds difficult to manage $140 billion debt ? or even $600 billion including that of Evengrade and other banks....
GDP is not money in the locker😂 Heard of liabilities? Expenses.
Seems like everyday she has something negative to say about China
China is doing negative things everyday.
Seems to me like everyday China is involved in something negative.😂
That's what you get if you censor your media too much, the foreign adds it's own flavour to it.
Why don't you invest in china and reap benifit of that prosperous economy
It appears that China has accepted Pakistan as it's Guru.
Congratulations to Pakistan.
Chyna will be ruled by paxtanis in future.
That's called karma..... You reap what you sow.....
Agreed
That's why india is 90% in debt . China isn't
@@jacksmith-mu3ee only f00lish would bank on China. It's a ticking bomb.... Wait for the explanation buddy....
@@jacksmith-mu3ee US dollars 4167 billion on China and 1845 billion on India in 2023. Do you get your facts from BBC?
@@hrishi73in we don't need godi media to tell us anything . Bbc ? U mean same bbc that made ur loser pm their 🐩
@@hrishi73in Foxconn had a nearly $20 billion deal to build India’s first semiconductor foundry, but now it’s abandoning the project.
You called it Karma😂😂😂
Expect Indian growing market
China must ask India for Money Help.