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Can You Trust Chinese Economic Data? (w/ Chris Balding and Mike Green)

Пікірлер: 353

  • @RealVisionFinance
    @RealVisionFinance4 жыл бұрын

    Get more amazing videos like this on Real Vision Premium for only $1 for 3 Months here: rvtv.io/YTDollarPin No more waiting for the content to make it here weeks or even months after it was shot and no missing out on insights and information that move markets. Better yet.... No advertisements! Join today!

  • @felipesilvamoldes1107

    @felipesilvamoldes1107

    4 жыл бұрын

    not gonna pay for this BS

  • @yourgod3157

    @yourgod3157

    4 жыл бұрын

    DEFLECTION!!! As the Fed pumps billions of freshly printed monopoly money into the system daily. People are withdrawing their soon to be worthless cash and corporations are taking loans out to buy back all the stocks that are being dumped.....To keep the ponzi stock market artificially afloat.

  • @ConservativeVoicesUniversity

    @ConservativeVoicesUniversity

    3 жыл бұрын

    Christopher Balding 100% correct well said sir - Sovereign Wealth Funds + CCP defaults globally due to internal GDP crisis = CCP Virus take down of the global markets by force!!!

  • @markhassan6203
    @markhassan62034 жыл бұрын

    I love these high quality interviews that are never publicised by MSM.

  • @argtv100

    @argtv100

    4 жыл бұрын

    yup these types perfume their BS

  • @junsu21

    @junsu21

    3 жыл бұрын

    Why do people make comments like this? The MSM, by which you mean TV news, has to function with advertisements. That means that they can’t spend time interviewing someone for nearly one hour. These podcasts type things don’t have the same economic model thus they can do what they want and distribute their content in much more limited ways

  • @Microsystem1110

    @Microsystem1110

    2 жыл бұрын

    MSM is bought out. They are inclined to socialism-communism. They should be stripped of and thrown to the communist China.

  • @AntAntL
    @AntAntL4 жыл бұрын

    This along with the Kyle Bass interviews are the best!!!

  • @prettysweettraveller2077

    @prettysweettraveller2077

    3 жыл бұрын

    Share and scatter the videos about their bad deeds: STOP CHINA 👿🎃🇨🇳👹🇨🇳👹🇨🇳👹🇨🇳👹🇨🇳👺 STOP TOURISM, TRADING, TECHNOLOGY, VACCINES, DIPLOMATIC TIES, BUSINESS CONTRACTS, PRODUCTS AND SERVICES, BOYCOTT OLYMPICS, BLOCK CCP MEMBERS FOR VISA, and BE CAREFUL OF TECHNOLOGY THEFT BY NOT ALLOWING CHINESE FOR SOME PROGRAMS IN UNIVERSITIES. WUHAN VIRUS not to go to MACAU AND HONG KONG TEMPORARILY ABOUT 3 - 12 YEARS. CHINA DISRESPECT : Vietnam, mAlaysia, BRUNEI, PHILIPPINES, Indonesia, CAMBODIA, ASEA NATIONS Mekong River - Myanmar, Laos, Thailand, Cambodia, Vietnam. North East Asia: TIBET, XINJIANG, HONG KONG, TAIWAN, JAPAN, SOUTH KOREA, Mongolia, VLADIVOSTOK Russia. Pacific : Australia, Solomon Island, Bougainvillea, Palau, VANUATU, FIJI, Kiribati, Niue, Samoa, Palau. South and North America : Chile, Greenland, Nicaragua, CANADA, USA. Middle Asia: India Pakistan Sri lanka Maldives KYRGYZSTAN Uzbekistan Tajikistan. EUROPE: DENMARK/Greenland, UK. LET'S WEAKEN THEIR ARMY, POWER, EXPANSIONISM AND ECONOMY. THEY HAVE NO DEMOCRACY AND HAVE STUPXX IDEOLOGY AND PHILOSOPHIES......

  • @dbulsa
    @dbulsa4 жыл бұрын

    No financial/bank transparency in China. Who would think??? Never would I invest in a Chinese company!

  • @argtv100

    @argtv100

    4 жыл бұрын

    sell your tesla stock yet?

  • @derek3778

    @derek3778

    4 жыл бұрын

    Shorting Chinese companies is a viable strategy.

  • @libertysprings2244
    @libertysprings22444 жыл бұрын

    They'll probably switch to building more weapons instead of empty buildings.

  • @brucerosner3547

    @brucerosner3547

    4 жыл бұрын

    The phone or PC you entered your comment were built in China.

  • @content4502

    @content4502

    4 жыл бұрын

    Liberty, Most of those empty buildings are now full. But don't take my word for it.

  • @bjames9101

    @bjames9101

    4 жыл бұрын

    Liberty springs : pay for rhem with no money. Fuel them with no oil. Iran may not be much help

  • @marcomartini9239

    @marcomartini9239

    3 жыл бұрын

    Well they propably should, if they wanted to mantain a steady influx of dollars at least; but the problem stands, where is the internal market artificial "demands" coming from?

  • @kenosabi

    @kenosabi

    3 жыл бұрын

    As long as they continue to build it all with the same corner cutting budget embezzling we've come to expect we should be okay.

  • @PlanetFrosty
    @PlanetFrosty4 жыл бұрын

    Cost of surveillance in China is not factored into strains on the economy! It is non preforming expenditures that are growing!

  • @P1A2T34

    @P1A2T34

    4 жыл бұрын

    Frostie-Flake they are automating it AI etc. , so it will cost less. Social credit system also a tactic to promote self policing.

  • @coolbuddyshivam

    @coolbuddyshivam

    4 жыл бұрын

    @@P1A2T34 AI also needs power and cost of ventilation of data center is huge. There is also regular maintenance of overall infrastructure, AI can't be capable enough to do maintenance work. They can only reduce police force but they would still cost less than AI.

  • @philnaro7254
    @philnaro72544 жыл бұрын

    Don’t trust them at all.

  • @littlemoutha9998

    @littlemoutha9998

    4 жыл бұрын

    Trust the nwo then? Mwbahahahaaaa

  • @Levitiy

    @Levitiy

    4 жыл бұрын

    I definitely don't trust the exact figures. The before and after photos of Shanghai, Shenzhen, Nanjing, etc, do make a compelling case for rising productivity though.

  • @littlemoutha9998

    @littlemoutha9998

    4 жыл бұрын

    Steve , avishec You are west war for profiterring shill who invades , plunders.... ruining many nations way way way more brutal than china and the world combined. Do the research. mebhahdhahshaaas

  • @zhonghuaminzu8078

    @zhonghuaminzu8078

    4 жыл бұрын

    @@littlemoutha9998 I guess Avishec is from India.

  • @littlemoutha9998

    @littlemoutha9998

    4 жыл бұрын

    Zhong, i think western

  • @LaserGuidedLoogie
    @LaserGuidedLoogie4 жыл бұрын

    "Oh, there was no blowback at all..." Gets fired.

  • @KenTenTen

    @KenTenTen

    4 жыл бұрын

    Um, yeah.

  • @LaserGuidedLoogie

    @LaserGuidedLoogie

    4 жыл бұрын

    @N Ok, "N." Thanks for that clarification, but it still sounds like blowback.

  • @libertysprings2244
    @libertysprings22444 жыл бұрын

    I dont invest in China, but as far as mortgages the banks in the u.s. seem to do they same though don't they? I see people on youtube that borrow enough to get 20 homes based on rental income from each one in turn. Problem is in recession i would think a lot of renters may bail and move in with family due to job loss, and their whole little 20 house scheme collapses just like in the subprime fiasco.

  • 4 жыл бұрын

    I wouldn't trust a Chinese person to help me cross a street, much less anything else. It's time to round up all Chinese that aren't natural born citizens and deport them. They've started a war with, and within, the United States decades ago. They've infiltrated everything from our tech companies, to the democratic party, and now own our media. Why do you think the media never reports anything negative on or about China!? They're using money to buy out and take over our country, so it's time we rid ourselves of them!!! Call it racial profiling, or whatever you want. I really don't give a f-ck, it simply needs to be done!

  • @wissamali3136
    @wissamali31364 жыл бұрын

    Mike Green can you write a weekly or a montly blog for the public expressing your views on the financial markets, economy, and geopolitical matters. You seem very knowledgeable and I really enjoy how you prepare the questions and debate the guests in your interviews. Many thanks also to RV for giving us free amazing content.

  • @MrRsmit113
    @MrRsmit1134 жыл бұрын

    this could have been a 3 second video of him saying "No WAY"

  • @traderbarry9139

    @traderbarry9139

    4 жыл бұрын

    hahahahaha

  • @Mick20202020
    @Mick202020204 жыл бұрын

    Great discussion gents! China 2019 reminds me a lot of Japan 1989 but with a lot more civilian monitoring.

  • @shayantamdas5059

    @shayantamdas5059

    4 жыл бұрын

    Everyone is Japan actually

  • @f0real9

    @f0real9

    3 жыл бұрын

    @@shayantamdas5059 except when you have immigration

  • @dheera8889

    @dheera8889

    3 жыл бұрын

    @@shayantamdas5059 japan was richest country in the world by per capita in 1995, apart from two little nations switzerland and Luxembourg. Median age of China is already 39, no country at this median age poorer than china other than Ukraine. There's no comparison. Japan story is extraordinary while China is nothing but a big Ponzi scheme. China is 12 times larger than Japan to be a Japan china needs 12 Toyota, 12 Sony, 12 Honda, 12 panasonic, 12 Yamaha, 12 suzuki, 12 Mitsubishi, 12 Toshiba, 12 Canon, and the list goes on.. China has no single brand to compete these name in quality, reputation and technology.

  • @2KSnSLifestyle

    @2KSnSLifestyle

    3 жыл бұрын

    @@dheera8889 China priority is poverty alleviation in China, not creating global brands. It's still a poor country.

  • @dheera8889

    @dheera8889

    3 жыл бұрын

    @@2KSnSLifestyle you live in your own fantasy, China's priority is nothing but keeping the communists in power. Poverty elevation is a joke. You don't have any understanding how economy works and how demographics play it's role. Chinese economy is not a miracle but result of low dependency ratio. You will realize it as soon as dependency ratio will reverse, and that is inevitable.

  • @nicholasgranat2999
    @nicholasgranat29994 жыл бұрын

    Not much about the chinese can be taken seriously

  • @nayanmalig

    @nayanmalig

    4 жыл бұрын

    unlike the genocidal looter of hapless third world millions

  • @albertcoral5986
    @albertcoral59864 жыл бұрын

    I would not under estimate China.

  • @ErikHare
    @ErikHare4 жыл бұрын

    I would posit that the rate of return on Chinese savings is extremely low because a tremendous amount of it is held in cash with no interest at all. Furthermore this would be part of the reason why the government can continue to print RMB and not have a serious inflation problem. Is there a problem with this analysis?

  • @mikesiley4897

    @mikesiley4897

    4 жыл бұрын

    The reason for for low inflation is the low rate of interest on savings? That's the tail wagging the dog.

  • @ErikHare

    @ErikHare

    4 жыл бұрын

    @@mikesiley4897 that isn't what I said. I was referring to the fact that a tremendous amount of cash is being removed from the economy constantly

  • @user-sp7wy8tx8x

    @user-sp7wy8tx8x

    4 жыл бұрын

    We Chinese do not agree with you, you don’t know China, Chinese people love saving and don't like spending, which makes the Chinese government have a headache. Therefore, China's savings are low, but Alibaba and Alipay have raised their savings profits. They are hitting Chinese banks. The Chinese government is more flexible, allowing Alibaba and Tencent to absorb savings and develop high technology. The purchase of advanced technology has promoted economic development. Such things are unimaginable in the United States, just as Silicon Valley has moved Wall Street cakes, but the Chinese government allows it. China’s monetary policy is mainly caused by the monetary easing between the United States and Japan. The depreciation of the yen is so strong that Chinese products need to compete with Japanese products. The Chinese government has no other way.

  • @aaronvenema

    @aaronvenema

    4 жыл бұрын

    郑宇 - from my personal experience, the younger generation in China does not save. The young people are mainly concerned with name brand clothes, fancy phone, apartment and a car. All liabilities. I know quite a few younger Chinese earning around 4,000-5,000 RMB but purchased a 200k RMB car on a loan...it makes no sense

  • @aaronvenema

    @aaronvenema

    4 жыл бұрын

    Erik - a big portion of “savings” is buying empty concrete shells (apartments), leaving them vacant, and hoping it will appreciate in value and sell it for more in the future.

  • @CuongNguyen-le5ic
    @CuongNguyen-le5ic4 жыл бұрын

    China's Economy is very different from anything we have seen before. No countries have ever built cities after cities after cities with no people actually living in it and no countries with that much CONTROL on the land and companies. That's why many prediction about China's economy failed to pass so far because of such different and people are learning from it and able see the true face of CCP on China's economy.

  • @_s_a_
    @_s_a_4 жыл бұрын

    great interview I have been following Christopher Balding on Twitter for some time and appreciate very much his insights both there and here great work

  • @hakkachai

    @hakkachai

    4 жыл бұрын

    He was very vocal towards the Singapore government (essentially a smaller version of the CCPee) and its highly orchestrated economy (just like China's).

  • @helokitty991
    @helokitty9914 жыл бұрын

    The best wau to check whether chinese government data is true, is to enter several grocery stores in china and compare your experience with that in a US store. Don't get fooled by those so called experts.

  • @2KSnSLifestyle

    @2KSnSLifestyle

    3 жыл бұрын

    There are plenty of independent think tanks outside China.

  • @psjasker
    @psjasker Жыл бұрын

    Do I qualify for an associate’s degree in Economics after watching this? Feels like I should. My God, I wish all the content on KZread was of this standard. Fantastic stuff!

  • @johnl4469
    @johnl44694 жыл бұрын

    Terrific conversation gentlemen, enjoyed it immensely. Thank you.

  • @codebloke2200
    @codebloke22004 жыл бұрын

    Incredible discussion. I'll be watching more of your videos

  • @harrysmith8515
    @harrysmith85154 жыл бұрын

    I have been to China , US and Canada recently. Overall I feel China's economy is underrated. I felt China's true GDP per person is around US$20,000 per year based on my observation. Maybe even more if they commercialize healthcare, university education, insurance, public transport and services like US.

  • @melvinch

    @melvinch

    4 жыл бұрын

    CCPee loves your optimistic appraisal for their fake economy.

  • @harrysmith8515

    @harrysmith8515

    4 жыл бұрын

    @@melvinch I have traveled to New York and Washington DC and talked to local people. As biggest city and capital of America, they are way behind Shanghai and Beijing in terms of public transportation, cleanliness, safety and life expectancy. There are tons of homeless people in New York and Washington. At supermarket, gas station or on the road junction, there are homeless people asking money everywhere. I estimate half of Washington DC's suburbs are not safe to walk or jog at night. No wonder there are so many obese people there: people living at low socia-economic suburbs have no freedom to walk or jog at night due to safety. I spoke with a local , normal person who live at Jersey city of New Jersey which is a 6-8 kms from Manhattan. His property tax is US$11,000 per year. He told me monthly health insurance for one family is $600 to $1000+. Even you bought health insurance , there is still significant fee to pay out of people's pocket. For example, his daughter visited a hospital recently for a couple of hours one day. The bill come later at US$10,000. The insurance company paid $8000 and he need come out $2000 from his pocket even his family has medical insurance. University education fee range from $20k to $100k per year with average around $50k per year.

  • @haihengh

    @haihengh

    4 жыл бұрын

    @@harrysmith8515 Homeless is a policy problem, drug problem, not economic problem. you won't see much homeless people because they will get removed right away, to where? you don't want to know. I am Chinese, I had worked in Beijing and Shanghai, all you see is illusion. their health care is joke, education is also very lacking (doesn't mean US does not have problem at all). you know how much they pay their doctor? you know how much they pay their professors? both are average 5000 rmb, 8000 rmb a month is considered high paid, yes, it's 2019 figure and in cities with house costing 5-10 millions.. you know in China only the lowest rated students go to medical school and as for grade school teachers, they don't need a college degree, and only the less capable students that absolutely have no chance go to high paying field like business and computer engineering end up going to med school.

  • @htin08

    @htin08

    4 жыл бұрын

    Health care, education and public transport should never commercialized.

  • @chrislee6778

    @chrislee6778

    4 жыл бұрын

    @@haihengh 5k and 8k are just the base part of a professor and doctor's salary, they have other parts of extra income ,which can be far more than the base part.

  • @sdushdiu
    @sdushdiu4 жыл бұрын

    A shame that the Japanese, Thai and DPRK models that are casually tossed about are never clearly defined.

  • @philipjones6584

    @philipjones6584

    4 жыл бұрын

    @sdushdiu in answer to your question, dah, yes the west is transparent and plays by the rules. Now go back to your communist masters you troll.

  • @jimmywu5863
    @jimmywu58634 жыл бұрын

    Name 3 government that doesn't manipulate statistics or rig market. They all do,.

  • @Maree2505

    @Maree2505

    4 жыл бұрын

    Yeah, but there's massaging figures and completely fraudulent claims....Which is why now we're seeing Chinese banks collapse. The house of cards doesn't stand the test of time.

  • @Maree2505

    @Maree2505

    4 жыл бұрын

    @Bruce DaBuc Would you prefer Cooking the books??? ;-)

  • @freedomtosayno7880
    @freedomtosayno78804 жыл бұрын

    From a centrally directed kleptocracy? Lysander Spooner covered this 150 years ago. “Those who are capable of tyranny are capable of perjury to sustain it.” - Lysander Spooner

  • @markomaric903
    @markomaric9034 жыл бұрын

    Sorry but they were saying is China want to become Thailand or Japan? I understood the part about Japan...but dont get it, what it means become like Thailand? Do they think on low debt country or something else?

  • @hong3170
    @hong31704 жыл бұрын

    Is this important? China's actually GDP is higher than stastics. A lot of business activities are not counted, such as small e-comm on wechat, private rental property income, small street side farmers market etc.

  • @brucecaptain4888
    @brucecaptain48883 жыл бұрын

    For someone who moved to Beijing around 2014 and lived until recent last year , I can’t agree more with what the interviewee felt and analyzed. 2014 -2015 was a changing point and 2017 upgraded to a new level. If any of the audiences who’ve watched this interview used to live in Beijing for the past years , you def can tell how Beijing got shifted, including how the best night life hotspot aka San Li Tun got swiped out from the entertainment map, not to mention the best rooftop club V Plus Lounge , the neighbor of CAA China , and the best Hip-Hop club Mix are goner. If you are familiar with what I’ve just said , plz reply to this comment and I’ll be glad to discuss those Peking stories under the table. FYI , if the channel can somehow sets up a membership club for audiences , that would be great. Just saying.

  • @bretondaluva
    @bretondaluva4 жыл бұрын

    great talk. glad I found this channel.

  • @boonedockjourneyman7979
    @boonedockjourneyman79792 жыл бұрын

    One of the best contributions to this macro discussion. Thank you.

  • @tracycove257
    @tracycove2574 жыл бұрын

    I didn't get the answer for the title of this video, however very good discussion between the two

  • @hillarysemails1615
    @hillarysemails16152 жыл бұрын

    This is probably the best video on Chinese business practices that I've seen. Both gentlemen are highly experienced in Chinese practices and trickery. They outline just a few of the fraud customs that are culturally embedded within their system.

  • @ErikHare
    @ErikHare4 жыл бұрын

    One thing that China was trying to do was to have Nations such as Brazil take RMB in payments. Has that gotten anywhere at all?

  • @littlemoutha9998

    @littlemoutha9998

    4 жыл бұрын

    Over 56 nations dropped usd for yaun, still on it way to partnership mwbhahshaaaas

  • @didierdepardieur4470

    @didierdepardieur4470

    4 жыл бұрын

    Little Moutha Most are poor African countries that has little choices. The Dollar is still king

  • @littlemoutha9998

    @littlemoutha9998

    4 жыл бұрын

    But africa is trying also to displace the king dollar but it take sometime.

  • @didierdepardieur4470

    @didierdepardieur4470

    4 жыл бұрын

    Little Moutha The Dollar is not king in Africa and neither is the Yuan. The French Euro is still king. Look it up

  • @littlemoutha9998

    @littlemoutha9998

    4 жыл бұрын

    Sooner or later they go on yuan

  • @hoastbeef1202
    @hoastbeef12024 жыл бұрын

    If you are ever asked a question in a social gathering that you don't know the answer to, just say : "China"

  • @IslamExamined
    @IslamExamined4 жыл бұрын

    Congratulations Chris & Mike; that was such a useful interview that I was compelled to sit and watch through most of it twice. Thank you and keep up the great work, ‘Real Vision Finance’. Teza from Sydney Australia

  • @mitchtherighteous
    @mitchtherighteous4 жыл бұрын

    2:30 Lots of things in china not being addressed, like the fallout from their massive real estate economic prop up, the knife killing sprees by those who are so disenfranchised from society that their choice is to lash out against children. The casual practice of public urination/defecation, animal abuse by dog meat cooks, etc. etc.

  • @mitchtherighteous

    @mitchtherighteous

    4 жыл бұрын

    @steve crawford naw, people will die for their cause. They want to make sure they can always get to your family look at the current state of jack ma more closely and you'll see that nobody is exempt.

  • @calc1657
    @calc16574 жыл бұрын

    They lost the plot at the end with the bit on Trump, but it was an overall excellent piece.

  • @SAFETYHOOD
    @SAFETYHOOD4 жыл бұрын

    Have lived in Guangzhou, China since 2000 - presently 1000's of small factories have had to close due to the trade war with the USA - also while recently in the USA noticed more products being sourced from other countries - not from China, Also many companies in China are relocating to Vietnam, Cambodia, Indonesia due to labour costs rising in China.

  • @EmmaNguyen-mg5xq

    @EmmaNguyen-mg5xq

    4 жыл бұрын

    🤣🤣🤣🤣👎👎👎👎I am VIETNAMESE

  • @noahclark4097
    @noahclark40974 жыл бұрын

    Can we trust America’s gdp?

  • @dodgerfreak0834

    @dodgerfreak0834

    4 жыл бұрын

    Let's say either can't be trusted but I think it's safe to say Chinese data is 100% made up while US data might not be accurate but it's not a complete lie.

  • @MegaFlemo
    @MegaFlemo4 жыл бұрын

    These guys have incredibly shredded bodies wow

  • @RafaelsFlix
    @RafaelsFlix4 жыл бұрын

    Incredible debth i had no idea about.. loved it... more of these please.

  • @vocvoc9895
    @vocvoc98954 жыл бұрын

    42:13, there is no way you can do that! Mr. Balding has little knowledge on banking and financial issues in China. There is a certificate called "他项权证“, means " Certificate of ownership of other party", if you take a mortgage from a bank, the bank will get hold of this certificate because the bank owns part of the property, this is also clearly stated in your property title/Certificate of ownership/产权证. When you try to sell the house, you need to FIRST take back this "他项权证” by paying back the bank your mortgage in full, and must be paid back in cash. When you try to borrow money on this property, you have no way to pretend as if you own the whole property because the title says you don't, and today all banks share the same dadabase, makes it unnecessary to actually see the words printed in your title.

  • @tonymango48
    @tonymango484 жыл бұрын

    Thanks that was awesome.

  • @camranh_royal
    @camranh_royal4 жыл бұрын

    Looks like the PAPER DRAGON is crash landing hard

  • @marvelcerise6938

    @marvelcerise6938

    4 жыл бұрын

    Yes the do. All China product are inferior quality. They can't copy and learn even after stealing western technology. They don't have the ability to think, otherwise the wouldn't steal the tech.

  • @pietmyvrou8149
    @pietmyvrou81494 жыл бұрын

    Very informative. Thank you very much

  • @allmendoubt4784
    @allmendoubt47844 жыл бұрын

    China does not fit to the western ideal of social equity. It is autocratic and oligarchic, however it is not a model for your western versions of nationalism and far right conservatism which hope to ill-define European social contract ideals which were the basis for most western liberal democracies today. Every western state is essentially built upon socialist principles, because imperialist autocracies (eke monarchies) were marginalised. Even Trumps protectionism is a socialist principle which defies the conservative principle of laissez faire. Therefore, the question for this and many comments here is about why conservatives are finding it necessary to defy the reality in analysing China (as this video is doing well) in order to ad bias to a very confusing modern conservative picture in the wake of the debt crash in the open market system that conservatism installed in the 80's and 90's which short sold the basis of western industrial prowess. I would suggest that it is because they have nowhere to turn to ideologically today except defamation of well established successes in social contract state management. Sadly, it is so short -term to be nationally and culturally destructive to the verge of treason.

  • @edwardkasimir8016
    @edwardkasimir80164 жыл бұрын

    ""Right?"

  • @Element_Z48
    @Element_Z484 жыл бұрын

    fantastic interview, not a single boring minute

  • @jaleotech5918
    @jaleotech59184 жыл бұрын

    Outstanding interview!

  • @doodleszen6029
    @doodleszen60294 жыл бұрын

    Trust CCP? Are you serious?

  • @sdushdiu
    @sdushdiu4 жыл бұрын

    Far too many anecdotal comments that are based on assumption and NOT on any kind of first hand experience....

  • @hazeltaw2098
    @hazeltaw20984 жыл бұрын

    Unsettling

  • @drexelmildraff7580
    @drexelmildraff75804 жыл бұрын

    Can you trust Chinese economic data? Can you trust gas station sushi? About 12 yrs ago, I had a long talk with a Chinese journalist visiting the US. At that time, she told me the govt had to report at least 7% GDP growth for political reasons. All the journalists had "gotten the memo."

  • @PaulRizzo504
    @PaulRizzo5044 жыл бұрын

    Ray Dalio must have downvoted this video since he thinks China is the future.

  • @GenXstacker
    @GenXstacker4 жыл бұрын

    Tremendous. More of this sort of thing please.

  • @trevorgough942
    @trevorgough9424 жыл бұрын

    Wow,fascinating....

  • @Vogeln
    @Vogeln4 жыл бұрын

    Interesting gradual pivot by Real Vision Finance

  • @victorbocanegra4773
    @victorbocanegra47734 жыл бұрын

    Where are the comments?

  • @Thingsdonechangd
    @Thingsdonechangd4 жыл бұрын

    one of the best guys to follow on twitter

  • @KeeperGER
    @KeeperGER4 жыл бұрын

    North-Korean route ??? jesus ...

  • @FL-cq2ig

    @FL-cq2ig

    4 жыл бұрын

    NK is their testbed

  • @mitchtherighteous
    @mitchtherighteous4 жыл бұрын

    49:04 Do you what else is big? India and africa, tons of potential consumers there yet...

  • @sakana2235
    @sakana22354 жыл бұрын

    Excellent discussion but what about Hong Kong protests ????

  • @noahclark4097
    @noahclark40974 жыл бұрын

    OK, china’s gdp is zero.

  • @melvinch

    @melvinch

    4 жыл бұрын

    Sub-zero to be exact

  • @buzz-es
    @buzz-es4 жыл бұрын

    Skip the video, the answers NO !

  • @JointStock

    @JointStock

    4 жыл бұрын

    thanks!

  • @allmendoubt4784

    @allmendoubt4784

    4 жыл бұрын

    China does not fit to the western ideal of social equity. It is autocratic and oligarchic, however it is not a model for your western versions of nationalism and far right conservatism which hope to ill-define European social contract ideals which were the basis for most western liberal democracies today. Every western state is essentially built upon socialist principles, because imperialist autocracies (eke monarchies) were marginalised. Even Trumps protectionism is a socialist principle which defies the conservative principle of laissez faire. Therefore, the question for this and many comments here is about why conservatives are finding it necessary to defy the reality in analysing China (as this video is doing well) in order to ad bias to a very confusing modern conservative picture in the wake of the debt crash in the open market system that conservatism installed in the 80's and 90's which short sold the basis of western industrial prowess. I would suggest that it is because they have nowhere to turn to ideologically today except defamation of well established successes in social contract state management. Sadly, it is so short -term to be nationally and culturally destructive to the verge of treason.

  • @r64g
    @r64g4 жыл бұрын

    There's so much smog in this video that it looks just like Beijing!

  • @Waterman-wv2jx

    @Waterman-wv2jx

    4 жыл бұрын

    I thought so too. Then I saw the window shades.

  • @sandeeppatilhosting
    @sandeeppatilhosting4 жыл бұрын

    Dialog delivery also same as like trumph

  • @Brian-fn5pz
    @Brian-fn5pz4 жыл бұрын

    In one word: NO!

  • @garthknoll506
    @garthknoll5064 жыл бұрын

    Don't buy their low quality goods they are now overpriced

  • @elephant637
    @elephant6374 жыл бұрын

    I would hazard a guess that the two people in this interview would have a combined IQ of no less then 1000

  • @theshuttergrind
    @theshuttergrind4 жыл бұрын

    Excellent interview! Just like many of us who follow the topic, this guy has lived in china and knows what he's talking about... and on a personal note.. he's too nice about it. Thanks Real Vision!

  • @edpiv2233
    @edpiv22334 жыл бұрын

    Lol at your title.

  • @sebastianenoc5327
    @sebastianenoc53274 жыл бұрын

    which article does biden say that china the future

  • @Bawdale
    @Bawdale4 жыл бұрын

    Can You Trust United States Economic Data?

  • @biglance
    @biglance4 жыл бұрын

    Red California T-Shirt with a Star on it...I won't if he did that for a reason :) peace from China.

  • @toonpangboon8526
    @toonpangboon85264 жыл бұрын

    So he was fired...and now start talking bad about it...can you believe in him?

  • @MrZhending
    @MrZhending4 жыл бұрын

    yeah yeah yeah, so you should trust US data, especially look at what happened in 2008 ......and since 2008, lol.....

  • @helendlr9739
    @helendlr97394 жыл бұрын

    China is leading in these areas: 5G/Telecommunications, Satellite/moon landing, high speed train, Artificial Intelligence/big data/Autonomous Vehicles....

  • @hsiao-yenyu6811

    @hsiao-yenyu6811

    4 жыл бұрын

    Helen DLR also Human right abuses, fire wall of internet, anti freedom of religious.....

  • @henrytep8884

    @henrytep8884

    4 жыл бұрын

    Moon landing? That was so 1969. Try to keep up, Mars is in the horizon.

  • @littlemoutha9998

    @littlemoutha9998

    4 жыл бұрын

    T d Us west is way worst in human rights departmeny. The fire wall to keep west porns, hate , violence , idealogy...out of innocent china minds, they not anti freedom but have protests ...freedom to talk but not harm politicaleaders, religions create divisions...

  • @eastafricacommunitybunge3643

    @eastafricacommunitybunge3643

    4 жыл бұрын

    Dark side of the Moon so dat no body can See them

  • @markrobert174

    @markrobert174

    4 жыл бұрын

    YES, we did the moon decades ago! We have space planes orbiting to deal with CCP military satellites, we have built very complex systems like the space shuttle and will be colonizing the moon to launch to MARS. We don't complete high speed rail as in the central valley in California because it does not make market sense.... the Chinese build these projects that do not create reasonable returns because they have a command economy that does not respond to market foreces... very inefficeint.... most of the technology the CCP developes has been stolen from the West... the Chinese history is one of great civilizations and dynasties in the PAST... China will not be great again until they have a free society.... free of the CCP! China destroyed the culture in Tibet, imprisons millions of Muslims, slaughtered protestors in 1989... so many human rights violations.... these regions and peoples deserve to be free and have basic human rights observed!

  • @LhnAran
    @LhnAran4 жыл бұрын

    Corona (Black swan)

  • @liewwc6319
    @liewwc63194 жыл бұрын

    Nobody is asking you to....leave others alone

  • @jimsellars6838
    @jimsellars68384 жыл бұрын

    Okay, Balding, Prof Balding any help getting an email to the prof would be appreciated.

  • @davidrapalyea7727
    @davidrapalyea77274 жыл бұрын

    Everything seems copacetic with China, mostly because any big change could be a last change. No invasions from mainland, for instance, no serious trade war with US. Chinese FC reserves will be hoarded as much as possible, including US treasuries. Chinese employment will be supported by sourcing iron ore and other commodities domestically. Useless construction will likely continue for the same purpose (it's not useless spending). China can keep printing money as long as it goes into balance sheet debt and not into cash in circulation. US deficit spending is preferable because the printed money buys goods and services roughly equal to the money printed. Demographics also favor stability. China is wealthy enough to support the new Mandarat class, plenty of empty housing for an aging population, and aging parents will not much like the aging kids rocking THAT boat. Finally, as long as China can feed all those people who are not in the Mandarat class as well as now fed? Well, they are all used to the status quo as it is. And there is no large cohort of young laborers clamoring for of work. Educated people will be in oversupply but they are in the Mandarat class. Usually I am wrong about such things.

  • @seokoking6956
    @seokoking69564 жыл бұрын

    Maybe you know more about China with your own data

  • @A81J06
    @A81J064 жыл бұрын

    Just like we always distrust US Econ data

  • @libertysprings2244
    @libertysprings22444 жыл бұрын

    Tricky

  • @sandeeppatilhosting
    @sandeeppatilhosting4 жыл бұрын

    His voice is like trumph

  • @boogle785
    @boogle7854 жыл бұрын

    Every second ship of iron ore being sent from Pt Hedland Australia is dumped at sea deep enough that oxygen cannot react with it and close to infrastructure that can easily reclaim it when needed. It is their piggybank for making steel.

  • @stpOwner

    @stpOwner

    4 жыл бұрын

    Did not know that, do you have more info?

  • @MugenTJ
    @MugenTJ4 жыл бұрын

    Yes, he got killed.

  • @azmodanpc
    @azmodanpc4 жыл бұрын

    ....IF there's no downturn...C19 has entered the room :D

  • @JK-ix8zi
    @JK-ix8zi4 жыл бұрын

    Americans talking about their favourite topic... The collapse of China! They'll be doing a rerun of this for the next 20yrs. Ask Gordon Chang!

  • @ALICE-zx4ed
    @ALICE-zx4ed4 жыл бұрын

    Wow, his voice sounds like Trump.

  • @iloveamerica1966

    @iloveamerica1966

    4 жыл бұрын

    ? Hearing problems?

  • @ALICE-zx4ed

    @ALICE-zx4ed

    4 жыл бұрын

    Ron H go away.

  • @QueOndaWhey
    @QueOndaWhey4 жыл бұрын

    Joke question?

  • @hithere7433
    @hithere74334 жыл бұрын

    This guy is an author "for lack of a better term." Poor guy.

  • @h8evil685
    @h8evil6854 жыл бұрын

    China is on the decline economically... History teaches that every high flying economy has to take a crashing hit at some stage. This time round its Eminent. Europe first then Asia and on & on. The US will fear better due to its it's much stronger economy... The trend is a bearing on how to prepare for the Eminent Reset, By cash Out to Freehold, Invest in Precious Metals ,Crypto & Invest in the US... Even the Banks are towing this Line...

  • @markrobert174

    @markrobert174

    4 жыл бұрын

    Mao killed millions during agriculture reforms and the cultural revolution, Stalin did the same to UKRAINE during agricultural reforms.... many millions starved to death. Karl MARX wrote about a utopia that does not exist in reality with Communist ideology... Sadly it creates leaders and trolls that do not value civil rights or the lives of their citizens. MOST Americans wish no ill will to the Chinese people only they have come to understand that doing business with China only leads to further human rights violations within their borders and the violation of international maritime laws in the Pacific and the bullying and taking of the rights of surrounding smaller nations in that region! Doing business with China will only lead to war in the future. So American will move our supply chains to friendly countries in the region like Vietnam, Cambodia and INDIA who value human rights... and we will no longer allow our captial and stock markets to fund China's Belt and Road project or the military buildup to bully their neighbors or the technology to imprison their people!!!

  • @simony8438
    @simony84384 жыл бұрын

    Bunch of clowns

  • @nachannachle2706
    @nachannachle27064 жыл бұрын

    Sounds like the classic case of a non-resident criticising a foreign nation after many years of being infatuated with it. Why don't you all go scrutinise Venezuela, Brazil, Germany or Turkey? Talking about China is becoming broken record.

  • @marcduchamp5512

    @marcduchamp5512

    4 жыл бұрын

    Nobody should talk about China except Chinese?

  • @chiyoko4244

    @chiyoko4244

    4 жыл бұрын

    Feelings hurt much?

  • @globalchinesearmy2307
    @globalchinesearmy23074 жыл бұрын

    Dont judge our methods look the at the result, Our Glorious Han race risen above. we are the best country. I am so proud to be a Chinese. We Chinese are the Smartest, strongest, greatest and most beautiful race.

  • @davidxyj

    @davidxyj

    4 жыл бұрын

    You are joking right? Long life chairman Mao.....

  • @garthknoll506

    @garthknoll506

    4 жыл бұрын

    Dreaming again?