China's Economic Comeback Story

Henry McVey, KKR Head of Global Macro, Balance Sheet, and Risk Team and CIO of KKR Balance Sheet has been to China four times in the last five quarters and sees opportunities in its domestic economy.
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Пікірлер: 214

  • @manimalworks7424
    @manimalworks742422 күн бұрын

    Growing at 5.1% is slow, at 1.5% is fast

  • @miaomiaotoo

    @miaomiaotoo

    21 күн бұрын

    🤣🤣🤣👍🏻

  • @GonzoTehGreat

    @GonzoTehGreat

    13 күн бұрын

    The 5.1% is probably inaccurate and the actual figure is lower.

  • @Argus-ut8gi

    @Argus-ut8gi

    12 күн бұрын

    @@GonzoTehGreat So what are the US and the West worried about?🤣🤣

  • @GonzoTehGreat

    @GonzoTehGreat

    12 күн бұрын

    @@Argus-ut8gi What a silly question...

  • @Argus-ut8gi

    @Argus-ut8gi

    12 күн бұрын

    @@GonzoTehGreat Since China is so weak. So why are you howling about all day?

  • @marlisamirabal
    @marlisamirabal22 күн бұрын

    Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

  • @TitaAnderson

    @TitaAnderson

    22 күн бұрын

    With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

  • @softy-bf5eg

    @softy-bf5eg

    22 күн бұрын

    With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

  • @Cammimullens

    @Cammimullens

    22 күн бұрын

    Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

  • @softy-bf5eg

    @softy-bf5eg

    22 күн бұрын

    “Angela Lynn Shilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @Cammimullens

    @Cammimullens

    22 күн бұрын

    I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @prajnasamadhi60
    @prajnasamadhi6023 күн бұрын

    Gordon Chang: China's been collapsing for the past three decades. Or, maybe reverse collapsing. I think Gordon's being ironic.

  • @andysk5438

    @andysk5438

    21 күн бұрын

    Brezhnev: - Comrades! Lenin has opened our eyes! -Our eyes too.... a little bit (squinting is also customary) The original in Russian is: - Товарищи! Ленин открыл нам глаза! - И нам ... цуть цуть/ (А нам не оцень...)

  • @phillip76

    @phillip76

    18 күн бұрын

    @@andysk5438 You disagree, and you bring out all your racist cariatures. This is why America rot.

  • @changliu3915

    @changliu3915

    9 күн бұрын

    Gordon probably works for CCP, double bluff.

  • @SamuelSo1018

    @SamuelSo1018

    Күн бұрын

    尬不尬​@@andysk5438

  • @supagirusupagiru9932
    @supagirusupagiru993221 күн бұрын

    Gordon Chang in 2010 : China is collapsing Gordon Chang in 2024 : China is Collapsing Meanwhile….US is self destructing

  • @shadowmod3

    @shadowmod3

    20 сағат бұрын

    will u sacrifice ur human rights for the promise of wealth?

  • @metchandara
    @metchandara22 күн бұрын

    The same Bloomberg media reported that China collapsed months ago. So now what!!! China still collapsing?? 😂

  • @mtljin
    @mtljin12 күн бұрын

    Over capacity for green technology is such a joke. The people want cheap solar. Only greedy west wants to hold up the price.

  • @aryaman05
    @aryaman0521 күн бұрын

    Over capacity in solar is rubbish, fact is we can't get enough.

  • @kobe24j
    @kobe24j22 күн бұрын

    Per Gordon Chang, China collapsed every year! 😂

  • @passby8070
    @passby807017 күн бұрын

    2:06 "over capacity" in renewable and green tech is a good thing for humanity, but it upsets the establishment that relies on the patrol dollar to maintain its wealth and hegemony.

  • @yin-longqiu4426
    @yin-longqiu442623 күн бұрын

    One of the very few objective, neutral, and fair-minded reports of China's economy! We need many more of this type of journalism. The US should get out of the ideological quagmire we are in, because otherwise it will only hurt us and then brings others down as well.

  • @AR-rn8ok

    @AR-rn8ok

    22 күн бұрын

    What quagmire? I thought western businesses were leaving China because of their unstable rhetoric with Hong Kong and Jack ma and Taiwan.

  • @tedwong7037
    @tedwong703723 күн бұрын

    Isnt china collasping yesterday??

  • @Dr.Kraig_Ren

    @Dr.Kraig_Ren

    23 күн бұрын

    Maybe He has invested in china.

  • @adolft_official

    @adolft_official

    22 күн бұрын

    @@Dr.Kraig_Ren I hope Inddians wash feet after eating singapore banned curry and wash left hand after wiping sh it

  • @vincenttay2812

    @vincenttay2812

    22 күн бұрын

    China already collapsed long time age and are now in the 22 nd century 😅

  • @TaiwanNationStatusQuo

    @TaiwanNationStatusQuo

    19 күн бұрын

    900m chinese ppl (65% population) make less than 300 USD per month. Purchasing power cant support the domestic market after overinvestment in real estate and infrastructure. China really relies on exports to EU JP US but it's no longer easy. Steer clear from China is the best strategy unless you can wait for 10years for significant return, or none.

  • @vincenttay2812

    @vincenttay2812

    19 күн бұрын

    @@TaiwanNationStatusQuo BS

  • @miralu1279
    @miralu127923 күн бұрын

    Do you see any problems with overproduction of weapons in the United States?🤣

  • @aslampervez2294

    @aslampervez2294

    22 күн бұрын

    US has over capacity of printing dollar

  • @APDM_OSINT

    @APDM_OSINT

    21 күн бұрын

    i know this is a joke but US doesn't really have overcapacity on weapons, in fact, US cannot fulfill order quickly enough for artillery shells or naval shipbuilding. US in under invest in lots of areas, while printing a lot dollars. this is unsustainable.

  • @aihong2971
    @aihong297123 күн бұрын

    Mr. McVey is very balanced. China is made up of several different micro-economies. If you isolate these they are booming. For instance. The greater Bay Area for one and the Chengdu / Chongqing consolidated region to name two of them. This type of economic regions have gross domestic products bigger than say the United Kingdom on one hand, and Canada on the other. Breaking up, China into developed and developing regions is quite necessary in order to fully understand the idea of common prosperity and a dual circulation unified market fueled by hukou relaxation and renewed urbanization.

  • @yujiuyu8817

    @yujiuyu8817

    10 күн бұрын

    我认为你的分析很正确,中国从十几年前就开始,长三角经济区,粤港澳经济区。京津区经济区。最近几年更加的大力发展这些经济区。通过地铁把不同的省份连接到一起

  • @geraldwatts5492

    @geraldwatts5492

    7 күн бұрын

    I'm glad he mentioned hukou, which is traditionally a primary reason for families to buy property (especially cross-city). For those who haven't heard the word, it's actually pronounced "hoo-koh." When you buy a qualifying apartment, you get a hukou which can send kids to school and give you other quality of life benefits. I think what they're doing is giving out more hukous by relaxing the criteria for buying (such as how long you've been paying taxes in the area). But I think it also means that areas that used to not require buying a house for hukou (like where I live) might start requiring it--at least that's what would be in their best interest.

  • @Leoq-zk6wt
    @Leoq-zk6wt22 күн бұрын

    Thank you Gordon, you've done a wonderful job, please keep fooling the americans, lol.

  • @DanyCesc83
    @DanyCesc8323 күн бұрын

    Perhaps is time to rethink our position in Asian, leaving political drama aside growth is the focus and finding new partners is always a positive.

  • @hustwangke
    @hustwangke22 күн бұрын

    The best analysis about China from US media i saw in months, kudos to Henry

  • @whitemoon5752
    @whitemoon575223 күн бұрын

    We should have more such balanced interview. Good work Bloomberg

  • @user-lb4yx1ms5f
    @user-lb4yx1ms5f23 күн бұрын

    A breadth of fresh air from all the bad mouthing. 😂

  • @bullpup1337

    @bullpup1337

    23 күн бұрын

    China wumao spotted (only state propaganda uses the term “bad mouthing”)

  • @BebekGoreng88
    @BebekGoreng8822 күн бұрын

    Also bloomberg's next podcast : China's economy takes another nosedive.

  • @kamwaichan8048
    @kamwaichan804822 күн бұрын

    Gordan Chang once quoted, China will not dump the US $. He's so wrong, dumping the US $ is the best thing China has done so far 😂😂😂😂

  • @heytruthdohurts

    @heytruthdohurts

    5 күн бұрын

    if you hear what Gordon says, just think the opposite

  • @marjoriedennis
    @marjoriedennis22 күн бұрын

    Great overall information, well delivered

  • @Investor965
    @Investor96522 күн бұрын

    Great interview,thank you.

  • @basque888
    @basque88815 күн бұрын

    Bloomberg, refreshing to hear from somebody with business on the ground, spoken clearly, concise, to the point. More of this, and less think-tankers, commentators pushing narratives please.

  • @onatyalcn2840
    @onatyalcn284020 күн бұрын

    2:58 chart's blue legend is probably wrong. Should be 2011-2021, instead of 2011-2012, right?

  • @zhubotang927
    @zhubotang92719 күн бұрын

    This is the first interview I have watched that isn’t laced with 2000 mg of ideology and propaganda.

  • @realestalex2728
    @realestalex27289 күн бұрын

    I am starting to understand why Peter Lynch said that if you spend 13 minutes studying economics you have wasted 10 minutes.

  • @rashadali9x0t
    @rashadali9x0t22 күн бұрын

    Revux's roadmap looks promising. Exciting times ahead!

  • @WarrenKLiu
    @WarrenKLiu22 күн бұрын

    For those who are making comments on fake data or interviewee is making things up obviously doesn’t know what KKR is. In the world of PE funds, KKR is number 2 globally and number 1 is Blackstone. KKR has almost 500 billion AUM. This guy is a division head at KKR and runs their Risk Team. Anyone who’s ever had to raise money or get a loan and bothered to understand the process. The Risk Team is the final step before any proposal is submitted to the credit committee for approval of the deal. It’s his job to know the numbers globally and he would know them better than most people on the planet. KKR is also HQ in Wall Street, so they are as American Capitalists as they come.

  • @Zero11_ss

    @Zero11_ss

    21 күн бұрын

    PE itself is a scam. People working in PE have no special secrets and go to the same schools as people who end up working in other places.

  • @asmitakumari9962
    @asmitakumari996222 күн бұрын

    Revux's low presale price is a steal. Time to load up!

  • @alone_boy3343
    @alone_boy334322 күн бұрын

    Concentrating on BTC and Revux, with a little ETH on the side.

  • @KudusRabbani
    @KudusRabbani22 күн бұрын

    Wondering if Revux will pump before XRP. It’s got potential!

  • @antball775
    @antball77523 күн бұрын

    Might one to focus on your own country so worried about how to fix somewhere else can’t fix your own mess I know one thing I bet you don’t see potholes in the streets like you do in this country

  • @ganeshkumaryadav4792
    @ganeshkumaryadav479222 күн бұрын

    In the next bull run, keep an eye on DOT, VRA, and SOL, but don't overlook Revux's RVX

  • @roohansl4282
    @roohansl428222 күн бұрын

    My picks for the bull run: ADA, AVAX, SOL. Best presale? Revux, no doubt.

  • @elcmu2637
    @elcmu263718 күн бұрын

    This is real growth since china didn't deploy massive covid-era stimulus. In the united states consumers are struggling w/ high inflation. From a consumer pov china did an oustanding job managing their economy.

  • @aai2184
    @aai218422 күн бұрын

    May I ask how you obtained their economic data at the local/state level as they stopped reporting economic data to the west March 2023? Agree their economy is in bottoming process. How will they stop capital flight? Thanks.

  • @disco1974ever
    @disco1974ever5 күн бұрын

    He ACTUALLY spun the West's inflation crisis as a good thing

  • @gregwong2132
    @gregwong213222 күн бұрын

    Just believe the opposite of Gordon Chang and you will have the correct picture

  • @danwangwe7
    @danwangwe79 күн бұрын

    There is campaign to china to diminish it in terms of economy whereas china economy is going bigger china companies are expanding outside china and thus good

  • @PinkyKiller19
    @PinkyKiller1922 күн бұрын

    This kind of news will make China’s cyber-attack operator mad~~~

  • @JonySmith-bb4gx

    @JonySmith-bb4gx

    15 күн бұрын

    CIA bot spotted

  • @jetscreamer1
    @jetscreamer118 күн бұрын

    There are scores of ‘China’s economy is dead’ channels on KZread these days. How can so many KZread economists be wrong?

  • @NakulMandal-dz1kq
    @NakulMandal-dz1kq22 күн бұрын

    Just increased my holdings in Revux. Feeling confident about this one!

  • @goolooggg9005
    @goolooggg90055 күн бұрын

    GDP growth 2023: China 5.2% > US 2.5% right

  • @hilwaamanamankiyar-pp5bf
    @hilwaamanamankiyar-pp5bf12 күн бұрын

    CES

  • @greghelton4668
    @greghelton466822 күн бұрын

    China hasn’t bottomed out. There are bandaids that are highly stressed and could snap at any moment.

  • @user-oi5to6zy5l

    @user-oi5to6zy5l

    22 күн бұрын

    Never bet against China. History proves you'd lose.

  • @rudyalfonsus686
    @rudyalfonsus6869 күн бұрын

    hei bloomberg, china still holds 800 billions of US treasury bonds. if they need money, they can dump all those bonds

  • @user-ru9mp3lh2y
    @user-ru9mp3lh2y18 күн бұрын

    I'm laughing in the water 😂😂😂😂😂 few months aren't those people were saying China's economy is declining, crumbling,pititi Pattaya, saying all kinds of stuff about China's economy,,why change of tune now???

  • @urmama3493
    @urmama349323 күн бұрын

    "Come back?!" Yes, only in dreams ❤❤❤

  • @LH1xx

    @LH1xx

    23 күн бұрын

    Yes already come back

  • @chrisma8254

    @chrisma8254

    23 күн бұрын

    you mean fmerica greedy again??

  • @directxxxx71

    @directxxxx71

    23 күн бұрын

    Come Back! Wake up, Gordon Chang 😂😂😂

  • @Harmony99Harmony

    @Harmony99Harmony

    22 күн бұрын

    hi mate, you must be Gordon chang's yard sweeper. 😂

  • @freeworld64
    @freeworld6421 күн бұрын

    So, let's see will this guy increase or decrease investment in China, beside the words.

  • @hangtuah888
    @hangtuah88823 күн бұрын

    China Economy bottoming???

  • @fannyalbi9040

    @fannyalbi9040

    23 күн бұрын

    😂😂😂 fit the “kpi”

  • @yuning8045

    @yuning8045

    23 күн бұрын

    Means can't go lower, can only grow from now on.

  • @Vincehunting336

    @Vincehunting336

    22 күн бұрын

    Learn to understand economy language before making questions

  • @ericchen-qo7sf
    @ericchen-qo7sf22 күн бұрын

    That's a minority expert, much more normal for me.

  • @ashho313
    @ashho31320 күн бұрын

    We have. Another two years. Only. 3rd world countires or buying stuff but that's. Doesn't. Help when somebody like america has so lucbb buying power still

  • @kalu-tx4bk
    @kalu-tx4bk22 күн бұрын

    Moving everything into BTC and Revux. This presale is too good to ignore!

  • @bansilal7207
    @bansilal720722 күн бұрын

    I’m all about presales, and Revux tops my list. Early investment is key!

  • @whitemoon5752
    @whitemoon575223 күн бұрын

    Globally 1.45 billion cars are sold every year and less than 2% of that is EV and most of that is in China. It will become overcapacity when the adoptions rate of EV are low, which is very low in US and most of the developing world. The question is whether the country’s government is doing enough to stimulate demand for EV which in China’s case is significant.

  • @chestnutridge4187

    @chestnutridge4187

    23 күн бұрын

    Are you sure 1.4 billion with a b? Only in your wet dream.

  • @joem0088

    @joem0088

    23 күн бұрын

    WW 1.45B new cars registered per year ? I think it's around 85 to 90M.

  • @AhmetTekin101

    @AhmetTekin101

    23 күн бұрын

    Same to Evergrande with empty apartments.

  • @ibrahimtouman2279

    @ibrahimtouman2279

    23 күн бұрын

    Your numbers are bogus

  • @whitemoon5752

    @whitemoon5752

    23 күн бұрын

    @@chestnutridge4187 go do some research

  • @weetaoneo3081
    @weetaoneo308123 күн бұрын

    Hoku 😂 户口

  • @geraldwatts5492

    @geraldwatts5492

    7 күн бұрын

    Yea, for how many times he's been to China, you'd think he'd pronounce it properly.

  • @freeworld64
    @freeworld6421 күн бұрын

    快来接盘啊😂

  • @qake2021
    @qake202123 күн бұрын

    👏👏🇨🇳🇨🇳🇨🇳👍👍👏👏👍👍

  • @SoYappy
    @SoYappy23 күн бұрын

    This McVey has huge personal interests in China. He can’t say anything that may affect his interests negatively.,

  • @sydca5365

    @sydca5365

    23 күн бұрын

    wouldn't same theory apply to the US? If any Biden supporter talking about how strong American economy is, would it be the same as you just said?

  • @yyan6501

    @yyan6501

    23 күн бұрын

    @@sydca5365 lmao you have no idea how this two countries' systems work

  • @doronnac

    @doronnac

    23 күн бұрын

    Bingo

  • @ryanong1815

    @ryanong1815

    23 күн бұрын

    You could also say this is "putting your money where your mouth is"

  • @catinbootsnow4267

    @catinbootsnow4267

    23 күн бұрын

    Like Elon Musk. China is really the sweet spot in his global ambition, and his lifeline for survival and growth.

  • @dnart4850
    @dnart485023 күн бұрын

    马上就崩溃了。。。。

  • @MyVoice-bn1vj
    @MyVoice-bn1vj23 күн бұрын

    we all support new global economic support with China, not support u.s. is oldest economy and now we want new economic world new currency, end of u.s.hegemony remove u.s.dollars

  • @siarung1972
    @siarung197221 күн бұрын

    he get paid by ccp.🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

  • @NiteshKumar-ue1yp
    @NiteshKumar-ue1yp23 күн бұрын

    He has vested interests in China. You can tell that he's trying very hard to sell.

  • @directxxxx71

    @directxxxx71

    23 күн бұрын

    OK Gordon

  • @adolft_official

    @adolft_official

    22 күн бұрын

    KUMAAR, wash feet after eating singapore banned curry

  • @NiteshKumar-ue1yp

    @NiteshKumar-ue1yp

    22 күн бұрын

    @@adolft_official After seeing your face no one can eat anything.

  • @ArabicReja973
    @ArabicReja97323 күн бұрын

    Chinese property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the pre-pandemic level in 2019. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?

  • @aguyinavan6087

    @aguyinavan6087

    23 күн бұрын

    Robots

  • @lw1267xjdbdj

    @lw1267xjdbdj

    23 күн бұрын

    For the past almost 15 years, I first time see a real house rental price drop in Beijing. For residential about 10-20% biggest agent have huge pressure and taking risk of tear the contract to request house owners to reduce the rental 10-20% to assure the renting rate.

  • @johnnywalker2870

    @johnnywalker2870

    23 күн бұрын

    Perhaps your information is bs!

  • @mariajiao4855

    @mariajiao4855

    23 күн бұрын

    Nobody believes you anymore

  • @Mike-zs7kc

    @Mike-zs7kc

    23 күн бұрын

    The growth comes from fake numbers from the CCP of course!

  • @lastChang
    @lastChang23 күн бұрын

    Uninvestable! China's economy is facing structural issues, which can only be fixed by regime change. Taiwan 🇹🇼 can help!

  • @johnyyffeng-fs9xm

    @johnyyffeng-fs9xm

    23 күн бұрын

    台巴子,各个频道上发造谣诬蔑大陆的贴,台巴子完全堕落到和西方人一个德行

  • @mariajiao4855

    @mariajiao4855

    23 күн бұрын

    Taiwan is bs

  • @hangtuah888

    @hangtuah888

    23 күн бұрын

    A moron is always a moron.

  • @user-ii2lm6kg2g

    @user-ii2lm6kg2g

    23 күн бұрын

    It's the opposite. China is great because of the CCP. Try again..

  • @davidlai399

    @davidlai399

    23 күн бұрын

    Taiwan too is facing structural issues such as having the lowest birth rates in the world at 0.7 child per woman. Mainland has 1.4 billion people while Taiwan has only 20 million. It’s a long game. Let’s see who run out of people first.

  • @123banfield
    @123banfield9 күн бұрын

    Based customs data, China export increased 11.2% in May 2024, import increased 5.2%.

  • @watchmanling
    @watchmanling22 күн бұрын

    Bloomberg is trying so hard to back its good buddy ccp

  • @zhaokwong5544

    @zhaokwong5544

    22 күн бұрын

    Fox news will again bring on their so-called China expert for his insight. Lol. America is so misguided. Sad