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@rajatgupta4840

15 күн бұрын

Trump and his followers are all chamans...With 10% tax hike, there is less impact on importing companies but higher impact on final price for american consumer..Biden has much better plan to decouple supply chain of critical items like healthcare and future technologies like semiconductors and EVs

@chakradharsingh1134

11 күн бұрын

😊😊😊😊😊😊😊😊😊😊😊😊qq😊😊😊😊q

Without having a bias, I would side with China on this. They have foreseen opportunities, invested, developed competitive products at a much lower prices and, on some occasions, sold it at less than cost price to gain market share and annihilated local businesses in similar sectors. What the US, EU are asking China to do is step off the throne because they can't compete. How is it different to Britishers ruining India's textile sector or Middle East cartels price fixing oil, or US dominating tech sector that new start ups can't compete against or Coke and Pepsi in the 90s bought out or pushed out local companies in soft drinks sector, tons of examples of unfair practices from US... The issue now is that the aggrieved party is the entire West, and one inflicting the pain is not one of them.

Well what he is calling over production can also be called competitive edge. Didn't Japan and Germany produce much more! cars then their local demand. Rather than cutting the clutter, he is trying to spin. So this is all about "containing" China. But what he leaves out while gloating about a trade war, is that the losses aren't on one side only, and we are moving into a spiral of measures and counter measures...

When the "west" benefitted, it's a fairtrade, when the "west" can not compete, exporter will be labelled dumper ... the same trick the UK use to do to all nations, now is the US doing the same, history rhymes again ...

@dilipdk17

15 күн бұрын

True. Well curated Narative of the west aimed at China.

@ThomasWright-jw6eo

10 күн бұрын

Please tell me in what Historical Era or Nation did the British Empire ever label a country a "dumper"???? The economic system during the early British Empire was mercantilism and then when they went into Free Trade in the latter half of 19th century towards the dusk of the Empire, and in that time there was never a country that outproduced Great Britain.

America provides massive subsidies in agriculture as well as strategic sectors like Electriv vehicles and batteries and new technologies and research. Its just because USA no longer benefits from "free trade" because countries like China has similar manufacturing technology as well as cheaper workforce resulting in cheaper products with similar quality as those goods produced in USA therefore USA is not willing to drop the paradigm of free trade and now focus on trade protectionism. India should be concerned necause USA will do the same thing to India as well as soon as India threatens the preeminence position of USA economic power.

@dilipdk17

15 күн бұрын

India's IT Sector is the first one to go when US does the same to India to protect her own interests.

@amandagrant4331

15 күн бұрын

There are no competitive enterprises in India. Adani and Ambani are both chaebols in collusion with officials and businessmen.

@millevenon5853

14 күн бұрын

​@@dilipdk17America won't retaliate now. India is still friendly

@millevenon5853

14 күн бұрын

America is allowed to protect its interests just like everyone else

@operacurrently2060

13 күн бұрын

USA has own limits too. Bullying tactics not working with India too. We already proved it multiple times. USA leveraging to selling it's weapon to defence products but get minimal success till now. Where India stick with it's traditional partners.

A basic rule in trade. If a country raises higher tariff on another country, it means this country has low competitive strengh and not able to compete in open market. The only method is high tariff protection, which may keep the weak company live longer.

@fangdog29

14 күн бұрын

Nope. You're wrong but are probably too d**b to realize

@k2lifter

13 күн бұрын

20th century thinking. Chinese industry cannot survive without a high level of subsidies by the CCP

@Nk99995

11 күн бұрын

A mighty China equals a mighty bully. Already it's bully all neighbors

@amiteshsingh5033

10 күн бұрын

Partially correct. You have to account for the subsidization of the industries. In key sectors like Renewable energy, China heavily subsidizes their industries while the US cannot match those subsidies.

@xgguo3531

10 күн бұрын

@@amiteshsingh5033 Both US and EU subsidise EV industries. I am not aware of any globe regulation or definition about "heavily subsidize" mean, which could be discussed for a global rule . For the environment safety of the Earth , both EU and US should increase their subsidy on EV or clean energy, instead of complaining China about too much effort on it ,right?

If China subsidize production to export，It means China gives its own taxpayers money to foreign consumers. Isn't that wonderful!

@frankm6218

13 күн бұрын

China subsided ev buyers in past years, not the ev manufacturers, including Tesla. The consumer subsidy was cancelled last year.

@thefourthrabbit9516

12 күн бұрын

More than that. Tesla has its first and largest factory in Shanghai, China. It pays taxes to China but also benefits from China's subsidies. The subsidies were not directly given to the companies but depended on the actual sales of EVs.

@Nk99995

11 күн бұрын

Yes, but it makes the world more dependent on China. More powerful it gets, more smaller countries get bullied.

When GM, Ford etc were subsidized by The US government and exported to the Chinese markets in the 1990s to the 2000s ..it was freeeee trade..now the shoe is on the other side ..its is China exporting subsidized overcapacity..By the way do check up that most exported EVs are selling at higher prices overseas ( even taking into account transports and logistics) than the Chinese market..this is not DUMPING An Average Chinese worker works at least 25% longer, cost 40%? Cheaper than the US worker . Do google and check that the Average IQ of Chinese workers ranked in the top 3 highest in the world..whereas The US average worker IQ is in the mid 20s of the world ranking. And how on earth can tarriffs be 100%, does US believe those EV cars are subsidized 50% by the Chinese Government including China made Tesla? The real reason for US deindustrialization is that US is not industrially competitive in labour and Administratively. An a overvalued US$ does not help too...with US holding on to a Strong US $ regime.

@xcel5203

12 күн бұрын

It's not merely US where Chinese products are cheaper ; this characteristic is to be found all over the world including India due to which many Chinese goods have captured a majority of the market . India too is contemplating a suitable tariff ; but in any case there is already an import duty of 100% on fully imported autos .Technically dumping is selling below cost price , not relative pricing.

@rationalthinker2200

12 күн бұрын

@@xcel5203 Based on the definition of "Dumping" by WTO World Trade Organization. DUMPING in general is a situation of international price discrimination,where the price of a product where sold in the importing country is less than the price of the product in the exporting market...

@philiplow2134

12 күн бұрын

Soon everything in US be like their subway, broken bridge,camping city.

@Nk99995

11 күн бұрын

So, if China becomes more strong, they'll claim entire India as their own. Now they claim the whole of South China sea as their own just because of its name (South China Sea). Can India claim the entire Indian Ocean as it's own just because it's called Indian Ocean? Ashoka ruled Afghanistan/Iran/Pakistan, parts of China, all the way to Vietnam. Can India claim thee countries? Ridiculous, isn't it? & You claim all Chinese have high IQ. Are you Chinese?

@Nk99995

11 күн бұрын

Encouraging China by buying more Chinese products is giving more power to a bully. Sometimes it's all not economics/efficiency. China already claims the entire South China sea & a quarter of India. The stronger China becomes, bigger the bullying

The Anglo-American media has been circulating stories for two decades claiming that the Chinese economy is going to collapse tomorrow. However, the fact remains that in another decade, China's economy will become more significant than that of America. Print will serve India if it tells us how the Chinese economy and per Capita income have become four times that of India in the last 40 years rather than parroting stories from Western media.

@LanNguyen-vd4zt

10 күн бұрын

Are you that stupid? Look at the 2 countries current stock market situation amd 2023 GDP

I have to say, this is a good channel. Many smart Indians in this comment section. unlike those flocks with Palki Sharma and Wion news

@LizzardVictim

14 күн бұрын

Smart Indian is the only hope for this country.

@Nk99995

11 күн бұрын

Probably you are Chinese which is why you say this. This channel is ultra left, where as Palki and Wion are center. Palki and Wion criticize China for its ridiculous Territorial claims and bullying on its neighbors like Philippines Vietnam India Korea etc

@LizzardVictim

11 күн бұрын

@@Nk99995 Indian claim tibet is their territory which is ridiculours, if it wasn't uncle sam containing and seding navy near Taiwan all the day China gov will actually open arms to Vietnam Phlipines to co-develope those sea territores despite Chin a had claims on those island for over 1000yrs and what is it going to do with you indians? what about Maldives? have you guys treat them equally?

@Nk99995

11 күн бұрын

​@@LizzardVictim Bully China truly deserves a bigger bully America. China's Territorial greed created panic & fear for smaller neighbors to plead for America's help. China bullied India by aggressive actions as issuing paper visa's to Eastern parts of India. Just a matter of time for India to offer a military base to US bordering China. Chinese ridiculous claims are based on some 3200 BC chin ming dynasty drawings

@raghuraj2967

11 күн бұрын

​@@Nk99995palki and wion being center is the biggest joke of the century

Hello, there is a factual mistake. BYD cars are not sold in USA now. I live in Washington DC and I know it. Please correct it.

@bharatmatha1877

15 күн бұрын

What the reason ,it's because of the higher import duty or gameplan of Elon musk ?

@vaidhymg

15 күн бұрын

@@bharatmatha1877 US car safety measures are much higher (and different) from rest of the world. It makes the cars more heavier and EVs suffer. So, a foreign manufactured car cannot be sold in US without modifications and certifications which are expensive.

@aniketarora9208

15 күн бұрын

@@bharatmatha1877 Elon musk is a sell out. But, It is very hard to penetrate US market. Really large established players with strong dealer network.

@audreychen5363

15 күн бұрын

@@vaidhymgnothing to do with the USA car safety standard. In fact USA car standards are lower than AUS/NZ/euro ANCAP. Listen to the interview is the BYD CEO where he told that he is aware that USA will push for unwanted issues and he simply don’t want to enter there. BYD has already proven itself in Australian and Europe.

@bharatmatha1877

15 күн бұрын

@@vaidhymg BYD is more technologically advanced hope they will beat Tesla...present rise of import duty for Chinese goods especially EVS...make the us made and Chinese made cars are equal value to their US customers

America waking up a bit late to the Chinese threat

why does this feel more like american incopetence rather than chinese over producing in short its mere capitalism and it seems like tarrif are tools to make sure alwas cetain countries remain on the top it also seems india may have to face simiar tarrif in future if it grows beyound amaerica's expectation

There is a factual error in this piece. The only China-made EVs sold in US are Polestar and Volvo both of which are connected to Geely. The only argument that may be made is that this is a pre-emotive move to deter BYD (and other manufacturers such as Xiaomi) from exporting to the US. In fact, BYD has said they are not planning to export to the US, saying that it is too complicated. Also, SG used the word medicinal products instead of medical products. They are not the same.

@hobo456

15 күн бұрын

They have trash to export

@atokimruk937

15 күн бұрын

China is building a huge EV plant in Mexico.

@ikjuy1238

15 күн бұрын

@@atokimruk937 that is good for USA. Ye tariffs on china are coming and that will hurt china

@user-jm4td9le2f

15 күн бұрын

whole world knows understand usnake politic ,, it's politics congress power is the issue president just a puppet trump/brandon all statement is meaning strange language .. it's customer paid it ,,, cause of usa petrol want to sell more.. not ev usa not ability to produce ev ,, all strategic material is in hand of dragon.. 6 yrs ev byd bus. ev lorry have factory in usa around lots others country they don/t tell you catl battery factory in usa.. dragon don't need usnakes to buy ev .. usa is not the world..

@biggpicture2930

14 күн бұрын

More than 1 error. Won't producing any help in unemployment issus. Simplly giving giving money to raise consumption will fuel net import, increase labor cost which reduce competitiveness and exacerbate unemployment in the end.

"The surge in Russia-China trade illustrates simply that sanctions lose their bite over time, as non-participating countries take advantage of the economic opportunities left when Western firms retreat," said Zach Meyers, assistant director of the Centre for European Reform think tank.

@BilluBadshah-kh1gd

15 күн бұрын

Europe is Get Refined Oil Indirectly from Russian Crude Refined in Indian Refineries . AND The Europe Talk of Sanctions 😂 😅

@millevenon5853

14 күн бұрын

​@@BilluBadshah-kh1gdEurope is quickly moving to electric vehicles so oil demand is rapidly declining in Europe

@BilluBadshah-kh1gd

13 күн бұрын

Open Field for China 🇨🇳 to Score Goals As Much as It Can ( Russian, Iran , Venezuela Etc )

Factual errors galore... Indias total trade volume last financial year was 1.6 trillion dollars and not 850 billion dollars...

@msdadsfsx

13 күн бұрын

nope exports are 850 billion u check again, please dont check whatsapp for data

@vint22556

12 күн бұрын

​@@msdadsfsx'total trade volume ' is the term used you dumb mòrón, not 'total exports'...

Shifting of patterns of trade....to arab countries, Africa, south American countries, Asian countries and Russia.....away from USA and slowly shifting away from Europe and Australia... The silk road program will develop the developing countries to create future new market for China... A forward looking insight.... China buying time...once these developing market develop... there is a high market for China...with collapse of US dollar....what will be USA going into.....

Simply goes to show other countries have simply been snoozing all this while when it comes to China. Our India included.

@biggpicture2930

14 күн бұрын

Why india always the dumbest?

@biggpicture2930

14 күн бұрын

@TechLense problem with your assertion that china devices are 'listening devices' have yet been substantiated, and yet you ignored that softwares from west and iphones are proven "listening devices" and were banned or exposed , in europe, south korea etc. If you ignored the big elephant, and then talk about some potential elephants, you lose credibility.

@biggpicture2930

14 күн бұрын

Dumbest because " listening devices" are used by indddians and yet they talk about potential devices they are not, using.

@WaiKoH

13 күн бұрын

COUNTRIES REALISED WHAT EFFORT AND STEPPING UP IS WHEN CHINA SHOWED THEM HOW NO ONE HAS BEEN SNOOZING

@xcel5203

12 күн бұрын

​@@biggpicture2930The potential elephant is a confirmed enemy with which we're permanently at war with . Unfortunately it's a fact that India cannot survive without Chinese imports - trade figures only confirm it .

The increase in American tariffs on Chinese goods is equivalent to a tax on American consumers. China is able to find markets for its goods that aren't sold in America in the rest of the world.

China-Russia trade reached more than $240 billion, customs figures showed, overshooting a goal of $200 billion set by the neighbors in bilateral meetings last year. The figure is a record for the two countries, who have grown closer politically and economically since Moscow's invasion of Ukraine in 2022.

@rajsimhamv9045

15 күн бұрын

That is why India must reduce its Reliance on Russia.... And Indian populace must realise there are no 'friends' in Geopolitics, and must shed their soft spot for Russia

@mg.f.9023

15 күн бұрын

@@rajsimhamv9045 You have a strong point.

@karatsurba4791

15 күн бұрын

@@rajsimhamv9045 They r providing raw materials @ best prices n India has good relationship with them. They r part of BRICS which is an economic alliance. If India wants to be an alternative manufacturing hub, it needs less costly raw materials. Geopolitics is like Game of Thrones n you're right about that.

@sankalp6872

15 күн бұрын

​@@rajsimhamv9045Indian populace knows Realpolitik. Pragmatic consideration trump everything. Russia is one of the world's largest producer of minerals. In fact, for some minerals it is the only global supplier. Without Russian nitrates, boron or iron or titanium, the whole world will come to a standstill. We'll even go hungry because these are key ingredients of fertilizer making. Hence, even the US sanctions on Russia were engineered to target only Ruski oil (and benefit US oil companies in the Middle East). "Reduce dependence" is such an easy phrase to say, but economics doesn't work like triple talaq.

@sankalp6872

15 күн бұрын

You have such a narrow worldview. I wonder if its the Madrasah education that is contributing detachment from the real world. What do you expect Russia abandon China for India? Even if an India-China war were to break out, Russia wouldn't send its troops to fight beside either the Chinese or Indians. It will only issue statements asking for peace and maybe run backdoor peace negotiations for the two countries. Back in 62, too, Russians literally threw us under the bus. Khrushchev told Nehru to compromise. This was despite the fact that Mao and Khrushchev personally disliked each other and the Sino-Soviet split was already underway. However, the Cuban Missile Crisis necessitated Chinese support for the USSR. The comrades openly declared that they would stay loyal to "brother" China against "friend" India (which was in reality not for brotherly love but to save their own skin after the mess they got themselves into in Cuba). America is actually the example to follow when it comes to these kind of matters. For them Capitalism comes first. The Russian sanctions hurt Europe but did not impact the US because they were designed to insulate and even benefit the US from the damage. The US always keeps business and emotions separate. They are also unafraid and courageous.

China's trade policy is pure mercantilism. They use their trade as a weapon. Most other nations see trade as a win-win for both parties; not China. India should pay careful attention that it does not follow the China mercantilist playbook. The US has grown tired of being used in this way - especially since the ordinary Chinese person in no way benefits from government policy. BTW, Germany too is a mercantilist trading nation. Coming back to China, the CCP is massively biased in subsidising factory production of goods that are in demand in the West. This is at the expense of the Chinese consumer who either can't buy these goods or doesn't need them. And what this means is that the Chinese taxpayer is subsidising consumption of China made goods in foreign countries. Further, once these goods are exported to the West they are subsidised by western governments with crazy climate change agendas and targets, thereby hurting their taxpayers. The only people benefiting from all this madness are members of the Chinese Communist Party and Xi Jinping.

@wewave23

15 күн бұрын

USA is losing in fair competition and is now whining and kicking like the spoiled child it has always been. Hahaha, eat your heart out. USA will lose and fall into the abyss. If you think tariffs can save the day, you're stupid and grossly mistaken. Bye, USA, rest in peace.

@wewave23

15 күн бұрын

Chinese people can buy China EVs at half the price they're selling overseas, you dumbo. And yet these EV companies can still make a profit. Get real and be informed. Why do people in the west sound so stupid all the time?

@frankm6218

13 күн бұрын

How much does cia pay you to fabricate such a bs?

It simply does not matter to a large extent. USA is very dependent on Chinese imports and Chinese supply chains for its own industries. Since Covid ended, every quarter has seen a steady increase in Chinese imports to the USA from China. Practically every US business leader has warned US govt that exclusion of China and imposing tariffs will have greater harm on the USA compared to China. Banning tiktok and Chinese EVs will even harm USA in the long run since both are extremely popular all over the world.

@rajsimhamv9045

15 күн бұрын

Are you dumb ? China is fully deglobalising. If USA does not enact protectionist measures like China, it will soon lose its global dominance due to its overdependence on China.....

@rajsimhamv9045

15 күн бұрын

India has banned Tiktok... Check even China has banned Tiktok in its own country, so much for "extremely popular".... Chinese EVs are fighting for sales in their own country... If you're Chinese then obviously what US is doing is bad for you.....

@ianwilson8759

15 күн бұрын

Who told you that tiktok and Chinese EV's are popular in the US and the world?

@ambreshpatil9032

15 күн бұрын

Even when government allowed Chinese car companies to sell in India, consumer themselves rejected them as they always find things fishy when comes to China. They are forced to find a partner in India who can gain trust for them.

@atokimruk937

15 күн бұрын

Nobody needs to tell me. While the EV onslaught has just begun, tiktok's popularity inspite of US plans to ban it is evident. I am a constant global business traveler and I observe these things. China has just entered the passenger jet sector ( all flown only by Chinese airlines, currently), but 2 days ago Lufthansa CEO said he would buy Chinese jets as soon as they get certified !!!

Thanks!

@ThePrintIndia

15 күн бұрын

Dear Arko, Thank you for your continuous support for our journalism.

It is a golden opportunity for India to fully utilize it. India must go through radical economic policy reform.

@ajayrawat-bf9pc

15 күн бұрын

We will never sieze it cause it doesn't matter to the politicians and babu s. What's there for us.

SG is very very happy to talk about China 😜😜

irrespective of details , SG sir, yourdeep undersdtanding and analysis of global ecomics and explaining to ordinary people is amazing indeed. thanks a lot sir

At 7 mins, SG is wrong about the numbers that India's " total trade , export, import goods services is 964 billion". India's 2023 goods and services exports were 770 billion and imports were 890 billion. So he is probably talking only about one side of the equation

Enlightening episode! 👍👍

Rather than read text from a bunch of publications, Shri Gupta should have put this in context for Bharat. For example, how is this related the often made argument by 'western' countries that Bharat is a closed market. It is all a question of relative efficiencies.

That was insightful

Good you talked about China investment led model . It’s bad for world as China does not consume because consumption is kept artificially low

Today after watching your video I realised how and why appearance of Chinese cars have increased in UAE market. Just one year a ago there were hardly any Chinese cars on the road. I am amazed by the increase in the number of Chinese cars inthe UAE. Chinese manufacturers have been able to rope in big UAE dealerships to sell their cars. UAE market is also an example of excessive china dumpings.

@frankm6218

13 күн бұрын

Pure bs. China sells 15% of their car production abroad, Germany sells 75%, Japan sells 50%. You call it china dumping?

@yusufmithaiwala4033

13 күн бұрын

@@frankm6218 My comment was based on my personal observation. But after your reply I came across an article from global finance that says China is estimated to become largest auto export displacing Japan. Their data source is CPCA (China Passenger Car Association). You have compared countries in percentage. I think when you look at actual numbers china is ahead of Germany.

@Ame_no-seirei

13 күн бұрын

​​@@yusufmithaiwala4033I will advise you to recheck. No matter what report you read, whether it's in terms of value or quantity, there is still a big difference. There are certain quality issues with Chinese cars that make them unattractive in certain countries for certain purposes. So please stop with your estimation report, as it has a high probability of getting wrong. The Middle East doesn't have its own car brand, so it depends on China, but the car market in Qatar, UAE, is mostly dominated by Japanese car brands and, to some extent, American brands. Maybe you should sit at a traffic intersection and count them for a day by brand, as it'll be good work for your knowledge.

@luyenpham6933

12 күн бұрын

So if you have a cheaper product and it better quality. What you do ? Don’t you try to sell it to the world. Like iPhone. So iPhone was dumping ? Same to the ev car BYD. Can you explain that ?

@xcel5203

12 күн бұрын

Fact is China finally has an auto which is better than any from the other majors and at a lower price - that is a recipe for a winner . Dumping is selling below cost price which in this case the Chinese hardly have to resort to because of their home advantages like cheap labour ,capital resources and chiefly volumes .

Sir , " The Third Wave " AI and High End Chip is or has Already Coming ?

Shekhar Ji , It will be Interesting to Know the Names of the Fifty Countries Who have Positive Trade Balance with China ( Can't Be All 50 Oil Production Countries )

Good information

Brilliant 👏

I wish Biden was my president. Greetings from Hungary.

Outstanding report! My compliments!

Top class episode SG. Proper decluttering this and geopolitics after a long time. Refreshing

Shekhar Gupta Ji , USA , EU , INDIAN 🇮🇳 Government Can Easily Make Back Envelope Calculation of " ALL SUBSIDIES ( Cheap Loan to Other Factories 🏭 Etc ) And Impose " That Amount " Equivalent Duties on All Chinese 🇨🇳 Goods ... And Does Justifying the Duties 🤔

SG sir.. The volume of this video was not loud enough...

Tariffs are part of a larger de-globalization drive that has gained traction with US voters so both parties need to show support to the working class but results in higher costs via subsidies say to farmers and consumers. There needs to be another approach with tariffs as a short term measure to blunt the Chinese while lowering domestic costs ?

If USA,Canada, mexico,brasil,chile,argentina merge in one big business operation using USA currency for all, maybe there is hope to compete with China and Russia working together.

These guy's are talking horseshit.

USA can now be proud of their behaviour. Are all Americans are such?

Strange, nothing said on Putin's visit XI. I thought it was a political reaction to that

Great overview. Going back further in history, the emergence of trading blocs led to the Second World War. To paraphrase Mark Twain, "History doesn't always repeat itself, but it often rhymes".

SIR, do NOT spill out without fact check saying China dumping EV to the world not letting Chinese consumers buy the EV, see below: More than 8 million new plug-in electric cars were registered in China during 2023. This impressive figure represents a 46% year-over-year increase compared to 2022 In 2023, China exported nearly 1.6 million EVs, making it the largest volume of any exporter globally1.

If an EV is sold for ten K where thirty K was subsidy. You get EV for ten. How 30K will be transferred from you. Pl. explain with more details. Thank you.

China should switch to printing money then manufacturing.....

BJP has to colour the entire opposition in the AAP keechad - violence and disprespect to women, and naked corruption. Sab ek hi rang ke hain.

China ❤❤❤

US and Europe as long as they are technically advanced they professed open economy. Every country should open their markets for them. But they Differed when others advanced. Will it not come on our country tomorrow?

If they do this then is it really "free trade" at that point??

What's the role of WTO in such trade wars? Aren't they supposed to follow WTO guidelines in Global Trade?

India lacks the high skilled required to be a mass production market for high end products. Last 10 years has been waste for education sector in India. A decade was good enough to produce high number of highly skilled talents. Let’s see how the Indian population can take advantage of this situation. Fingers crossed

Hahaha, to resist is futile. USA will lose and China will win. No amount of whining and blaming will overturn this switch. Indians, you can side with USA and go down with it. LoL

@dilipdk17

15 күн бұрын

Nobody sides with anyone but their own interests matters. And yes, it's the changing world order where power shifts from West to China.

Also, China did something exceptional while the world laughs: it popped the real estate bubble when its economy is in a hardship. Contrary to conventional wisdom of not rocking the boat when facing turmoil, Chinese government popped the real estate market. And direct that resources of out that market into high value manufacturing in EV cars, computer chips, large scale ship building, green energy and biopharma. While the Western Media is still laughing at China for its ghost buildings and cities" and "bankruptcies of large real estate companies, China already quietly moved itself up in the value chain in global manufacturing. Indians can only watch and talk. Keep talking.

@xcel5203

12 күн бұрын

What a silly explanation. Nothing has changed - the huge debt is still there , the building are unfinished and consumers are left hanging without any homes which they had paid for . The auto business is a different field altogether .

@jimkuan8493

12 күн бұрын

@@xcel5203 Nothing changed? In 2023, Chinese passed Japan as the world's largest car exporter of the world. Nothing changed? In 2023, China passed South Korea as the world's biggest Large Scale Ship Builder. Nothing changed? 2023, China can produce 7nm computer chips AT SCALE. Nothing change? Let's don't even talk about the Chinese domination over green energy and biopharma. At in Q1 2024, China has passed US as India's biggest trading partner. Nothing changed?

@xcel5203

12 күн бұрын

@@jimkuan8493 Sadly nothing has changed - China is still a dictatorship where people are planning and plotting to escape persecution and migrate to other free countries . China is still engaged in full time industrial espionage against western countries to steal trade secrets . China is dependent on western countries for the latest technology for it's computer industry .China is still fighting with all its neighbors. Chinese students prefer to study abroad in better universities .

It is China today. It could be India in a decade or two.

Americans have not seen inflation yet... just wait for uncle trump to return power 😂😂😂😂😂😂

@millevenon5853

14 күн бұрын

Trump will reduce oil prices so inflation will be lower or unchanged. Trump is a huge supporter of fracking

@MAC-vi7fy

13 күн бұрын

Protectionism always leads to economic decline, we are witnessing the fall of america.

@frankm6218

13 күн бұрын

Americans got killed by inflation already. American media just selectively forget to report it.

@Nk99995

11 күн бұрын

​@@MAC-vi7fy Gloves/Syringes etc are produced in India/Vietnam etc. So inflation may not impact US that much

We have our own economic interests. So We indipendently take decisions

Wish Shekhar Gupta speaks in ENGLISH and not HINGLISH.

Despite being a member, this video has appeared on my timeline three days late. Can somebody please check; or is Print penalizing its critics?🙂

In China, due to the fire sale of locally manufactured EV cars, many gas based car plants owned by foreign companies have closed shop resulting in massive job losses. The local government in China is under pressure to create jobs and they throw big money behind enterpreneurs giving them practically everything to start EV car production and these new companies start selling at massive discounts to create a brand. This is also affecting the residual gas car production and also the EVs produced by foreign brands like Tesla. Practically every few months some new local EV car manufacturer takes shoot and keeps pushing the prices down. They re-use the production plants vacated by the foreign car companies especially those set up along the coast near the shipyards. The ones that are in interior are lying abandoned. NO ONE HAS A CLUE HOW GOOD THESE EV CARS ARE OR HOW LONG THEIR BATTERIES WILL LAST BEFORE THEY NEED TO BE REPLACED AND AT WHAT COST !!! SOME YEARS AGO THE WORLD WITNESSED THE SAME PATTERN IN THE DEVELOPMENT OF CHINA'S SOLAR PANEL INDUSTRY. IT IS DEJA VU NOW IN THE CHINESE EV CAR INDUSTRY. DON'T BE SURPRISED IF YOU HEAR THE CRY FROM FOREIGN COUNTRIES OF EXCESSIVE PRODUCTION, POOR GOVERNANCE, SUB-STANDARD QUALITY AND WORLDWIDE DUMPING BY THE CHINESE EV PRODUCERS !!

Aren't we glad now that India didn't become a part of the RCEP??

Overcapacity of money printing is the worst case 😮😮😮 US dollar Print and buy😢

Oh dear, you are parroting the western "goal post shifting" culture. As an Indian, you should know well how historically the hypocritic west has been doing unthinkable things only to benefit themselves including colonising, beggar thy neighbours etc. They justified colonisation as developing & civilizing backward people . Now China has become innovative, forward thinking and strategic and has unshackled themselves to leapfrog the west. So the goal posts are shifted again to suit their laziness & incompetence. India too will one day be competitive and the west will suppress & prevent your rise. Can you not see their hypocrisy? If one cannot be competitive, work harder & smarter instead of complaining of others not playing to rules, since when is forward vision & competitiveness against the rules? China will didn't complain that India overproduce humans when they were overtaken as most populated country. Come on, wake up

@xcel5203

12 күн бұрын

You Chinese bot , China is fighting with all its neighbors and the western powers and everybody will only be too happy to see China boycotted in global trade .

This is one of most brilliant analysis by Shekhar Gupta on US China trade war. So these are the reason why free world must concern about dumping of cheap Chinese products in their market. If Chinese are good in manufacturing product. Why aren't their consumers are using those products.

@kcwong8011

14 күн бұрын

Fyi, in 2023, Chinese consumers in China bought more than 3 million electric cars in China. China does not forced anyone to buy Chinese electric cars outside China. If you do not like cheap Chinese electric cars with very good quality, please go ahead to buy the more expensive electric cars produced by the US if any. Why so biased and who forced you to buy a Chinese electric car? The consumer is the king.

@King-vo7vm

14 күн бұрын

They are not forcing you to buy just like other brand's.... Chinese buy their own products that's why they are growing... Research a little bit

@huas5350

13 күн бұрын

What are you smoking? Currently, one-third of the world’s electric vehicle customers are ordinary Chinese citizens. Half of the cars on the road in China are electric cars.

@HellBot-gi5si

12 күн бұрын

But there is no "Trade War" between America and China. Do you want to know why? Because "Shekhar Gupta" can't read English!!! Read the latest economic report! Despite Donald Trump and Joe Biden putting tariffs on certain good coming from China. America and China just did a record breaking $758 billion dollars in trade in a single calendar year.

@HellBot-gi5si

12 күн бұрын

This why no take "Shekhar Gupta" seriously. You need to check to make sure you know what you are talking about. Socialist like him "flunked" economics. Yes, America has put some tariffs on steel, aluminum, and EVs from China, but that doesn't mean there is a "trade war". Not when you are doing record amounts of trade.

During the Great Depression the U.S being a closed economy- self suffucient in naby resources, could impose tariffs. But to what extent is it self suffucient now, so tariffs could well inflict harm on its own economy.

@davidcoard1978

11 күн бұрын

In many resources

in matters of this nature, explaining the concept is more than enough than talking numbers ! thereby u will save time for audience

Brings back memories of Shri Reagan vs Japan from the 80s, for those who remember.

China is a bully and modern colonial power. That's why they become rich in so little time. It was like the British looted India. Unless u r having a colonial mindset, Top down approach doesn't work for poors. That's why, I don't appreciate the top down approach i.e. if the rich will get money it will tricle down to the poor. Yes, it seems beneficial in the beginning but it is going to show its true colours in future. So it is better for India now, but we have to find an alternate way of this approach. Example - Europe and USA got benifits of globalisation and free market in the beginning. Now they are seeing the side effects of these and people of poorer countries are going to Europe and USA and hence things like Brexist and Trump protectionism, etc.

@michaelyoong44

14 күн бұрын

All great powers are bullies but I would disagree that China practices a Top Down approach! Just visit China or watch the many travel vlogs on YT. You will not see the villas/mansions/towers of the rich surrounded by squalor in China! Instead you will see modern amenities which are cheap, clean, safe & available to the public! China has invested in its people via education & public infrastructure. Everyone has access to good education, public transport, healthcare etc. Also the government doesn't "report" to & do the bidding of billionaires Eg. Jack Ma's censure & the Common Prosperity initiative which the West deemed as an attack on entrepreneurship! I was around when China started exporting cars that were cheap junk & now where consumers Q overnight to buy a Chery Omoda!

@frankm6218

13 күн бұрын

Interesting. So based on your point, you will be “colonial mindset” if you sold anything to other country. Is that correct?

@BharatThatIsIndia

13 күн бұрын

@@frankm6218 I can understand why you are making this comment. It happens to people who use very little brain or don't have in the first place to use it. China is like a colonial power bcz they are using the resources from the host country, dumping der ready made goods. That's the playbook of colonial Power. Instead of capturing der land directly (like European colonial powers),China is dumping these countries in debt and then taking control of those countries indirectly. Same playbook with different implementations.

@user-eh1tt6td7g

13 күн бұрын

​@@BharatThatIsIndia因为印度有你这样的人，所以我觉得很放心，哈哈😃

@BharatThatIsIndia

13 күн бұрын

@@user-eh1tt6td7g अच्छा। ठीक बा।🙂

India also followed China policy of supporting industry / business rather than populace

@dawnofkitty

15 күн бұрын

sad but true!

@bharathraman2098

15 күн бұрын

there is a balance in India.. we do direct benefit transfer, mudra loans and free ration while supporting Industries.. as long as we are a democracy, we will continue to follow a balanced approach

Perhaps SG can reflect a little on the many CTC done complaining of tariff actions by the current Modi Govt.... The logic was exactly the same as Biden admin is now using - to stop predatory dumping of subsidy driven Chinese overproduction... Like Titok ban India was years ahead in its actions

typical American/west perspective from Gupta low added value over capacity West is happy High added value over capacity West is angry so only west should be high value other country should not and only west should be rich according to west china should always be poor compared to west who the hell is stopping west to manufacture for ur information regarding over capacity Xiaomi is unable to produce cars as demand is high for it lock in order 1000000 delivery till now only 10000 regarding subsidy is America subsiding chips (chips act) be neutral Gupta

@xcel5203

12 күн бұрын

Are you defending China ? China today is undoubtedly the biggest antagonist not only with ref the western countries but also historically with most Asian countries ; China is the biggest threat to India. When one takes a holistic view anything that weakens China should be welcomed and cooperation should be extended to such an exercise . No quarter or sympathy should be offered to such a malevolent entity . Question is, are you an Indian ?

😮😮

In many industries , China has built economies of scale and therefore it is not actually dumping- if a country is able to produce something cheaper through innovation it cannot be penalized. For example: American companies like Spacex may have lower costs due to reusable rockets. CouNTervailing Duties have to have a rational basis with subsidies provided... America will lose these cases in court.

2024 share of the global market . China India shipbuilding 55% 0.05% Commercial Drones 85% 0.01% EV 65% 1.3% smart phone 67% 6% White goods 70% 2%

Very simplified incorrect version

If india had imposed traffic than Raghuram rajan 😢 say illegal bad😢😢

China GDP growth 5% on 18 trillion dollars economy. Unemployment of youth 16%. India GDP 6% on 3.4 trillion dollars. Unemployment of youth in India 23%. And yet this guy criticises China and its economy. Hilarious.

@dilipdk17

15 күн бұрын

The guy is totally Biased echoeing the narratives of the West.

@SumitGaming-

15 күн бұрын

China was not ruled by Mughals and Britishers like india was. Amount of wealth looted more india was more than any developed nation GDP . Also after independence india got Congress under whose 50+ yrs of rule gareebi hatao was just a slogan and dream. Always people of India are not hardworking enough . Even now today some nepo politician considered industrialists business as criminal while admire terrorist separatist and Mafia .

@harshitrai5306

12 күн бұрын

Abe chommu india ki gdp 7.8% grow hogi is saal or 23% unemployment rate WhatsApp univercity se laya hai kya

Election jumla by Biden 😂😂. What was he doing for past 4 years? In fact, he rolled back many of the tariffs that Trump had imposed. As election season nears, he'll make some noise about China (just like they make some noise about H1B visas every election), and once elections are over, will quietly roll back again!

@ChicagoDudeRocks

15 күн бұрын

Can u point out the tariffs that have been rolled back?

Gupta had me until he talked about "putting money into hands of consumers to consume": *MEANING STIMULUS OR REVERSE TAXATION*........ OF COURSE gupta will NOT touch THE IMPACTS OF "handing out monies to the citizens": *INFLATION IN THE WEST NOT SEEN IN HALF A CENTURY*. Meanwhile that "handing out monies to the citizens" HAS BEEN THE FORTE of "indian" "politicians" FOR DECADES NOW..... MEANWHILE China REFUSES to "hand out money to the citizens"...... "india" *gives the fish to people* China *teaches the people how to fish* *WHICH ONE IS BETTER????*

@hkpandey1

15 күн бұрын

BS... in this analogy 'India gives fish to people and China gives fish to the fishing boat owner' Which is better for the people? Also, consumption stimuli produces real growth and inflation is always a byproduct of growth... there is nothing wrong with inflation if it accompanies growth... it is to be managed judiciously... China uses its false manufacturing "competitiveness" (which is produced through subsidies, tax breaks, domestic market protectionism, government support and purchases to its companies) to export job losses and economic dependence to other countries.... The China phenomenon and malinfluence in global goods manufacturing and trade needs collective dismantling by US, EU and like minded nations...

Shekharji you are usually a free trade advocate so I think your bias against China is clouding your judgement. There is no such thing as “dumping”. You can only “dump” something if someone in another country agrees to buy it. China isn’t dropping their products on the US from the sky. US consumers and businesses are agreeing to buy Chinese products because they’re cheaper. This is good and it’s how free trade is supposed to work. China has a comparative advantage in manufacturing. US consumers benefit from cheap Chinese products. US manufacturers and workers in those companies lose out. US govt is trying to protect them at the expense of the consumer. Exactly how the Indian govt did during the license raj. But you were against that right? So why the double standards?

@highplatform1649

15 күн бұрын

Dumping is a reality when products are heavily subsidized and are not mainly for profit making. China does dump a huge range of products. ex. Tyres, toys, devices, steel just to create dependence.

@0609Bhuwan

15 күн бұрын

Its not that simple at all at free trade and comparative advantage... Please read the very instructive & excellent commentary from Prof. Pettis of Beijing Univ. or Brian Sesters Blogs on the subject... free trade cannot work without fair trade ... Comparative advantage created by state suppression of domestic returns on savings , state directed investments, artificially controlled lower wages with no social security, hidden and open subsidies and manipulated low exchange rates are not "comparative advantage" its plain and simple beggar thy neighbor mercantile policy... At a Macro level Chinese surplus on trade means has to be paid for by an equivalent deficit by net importers ...this is paid for by the local manufacturers and unemployment ... Pakistan is a great example of this import addiction - High CA deficit funded by external debt and its consequences.. Frankly USA with 32Trn in govt debt is not different from Pakistan except it can print dollars... This is unsustainable & Overdue for breakdown

@YSKWatch

15 күн бұрын

I think by definition, dumping is selling below the local price. the fact that they impose huge tariffs is a declaration that they can't compete anymore.

@ammlu3556

15 күн бұрын

China should allow free access to it market if it needs to be accepted by the world that is the bottom line ​@@YSKWatch

@xcel5203

12 күн бұрын

Dumping is selling below cost price and no sensible country will stand by and watch its economy be ruined by some foreign power . It's quite natural that any cheap product will welcomed by customers who are least bothered about the effect it will have on their country in terms of trade or employment. India too falls in the category of a protectionist nation because it is trying to support its local industries and businessmen . China is no friendly trade partner but an extremely powerful enemy in fact which has to be contained if not stopped at all costs . Trade after all is about real politics .

Every country needs jobs for her people. Unrestricted free trade hurts people. Recall what similar trade after industrial revolution in England did to India.

The Print is like the ostrich when it comes to any coverage about the AAP

@gopaakrishnanmvenkataraman9129

15 күн бұрын

Not ostrich a leech on the shoulders of broom

@dawnofkitty

15 күн бұрын

you are correct. their bosses wont let him say anything now.

While everyone is talking about the move towards EV vehicles, they still require electricity to charge their batteries. Think of the increase in the nation wide demand for electricity should a large population shift to EV vehicles. Is it sustainable under the current model ? Can the demand be met ? Even many developed countries are already having high electricity prices. The govt started giving subsidies to encourage households to install solar panels but without battery support (currently quite expensive) much of the day time output has to be fed back to the grid. The utilities were initially paying decent rebates for feeding it back to the grid. Now it is unsustainable for the utilities as large populations have installed solar panels and so they give pittance in return !! I think no government nor the EV vehicle industry has thought through the large scale impacts on electricity demand and production needs and challenges.

I wonder how much of it will help pay the interest on their debt which is said to accrue to a trillion $ every quarter

@rajsimhamv9045

15 күн бұрын

As long as the Dollar is dominant, they have no issue with their debt..... As long as the US is dominant power, Dollar will be dominant.

@karatsurba4791

15 күн бұрын

@@rajsimhamv9045 True. But the landscape is slowly changing, so I wonder how profligate can they be with their wars. Still a few decades away though Blocking accounts of foreign countries does not build trust either. So, countries would diversify away n reduce their $ reserves.

@rajsimhamv9045

15 күн бұрын

​@@karatsurba4791 True... They gambled with seizing 300 Billion dollars of Russian assets.... But it may provide them some leverage in Ukraine. The Western Banking Network is THE Banking Network....

For trade and industry low cost only matter. Only Japanese people are not swayed by the low cost and are nationalist.

Then why Musk is angry with Biden 100% tariff is exclusionary.

To be honest, any country would rather have China’s competitiveness because it is a good problem to have. Would you agree my Indian friends?

You are analyzing the Chinese economy the way western Economist do. But China economy is not built for profit but purpose. So Western economic models fail to predict the next week of China never mind the next year.

The only way USA can win this would be :1 to nationalise all automobile producing companies in the USA. 2. Block all automotive products made 8n China. 3. Acquire all rare earth metals, cobalt, lithium mining by force in Canada, brasil, chile and basically north and south america by force. 4. All american made compact and sedan fully electric cars not to exceed $10k price to consumers including one time free battery change.

26:46 - so when our government(read BJP) does something like that, SG goes hungry ho about how globalisation is amazing.. but not when America does!

All of this while the EU has opened an investigation into Chinese EV trade practices & also Elon Musk travelling to China to work out a deal for bringing back the data generated through automatic driving systems from Tesla cars in China, back to America. Btw has Donald Trump during the election campaign this time, said something specifically about COP as he did in 2016 ? Loss of such a big source of capital at this juncture would not be good to tackle the problem of climate change.

Lot of misinformation in this video. Not sure if the data was not correctly interpreted or misrepresented in support of the argument

When sanctions fail Desparation begins Mad actions launched

Like America others should also follow

Too little too late

Gupta jee has invented a totally new concept of tariff on services. Will he care to explain how does one apply a tariff on services. Or is this one of his usual fact free storytale constructions?