How Xi Jinping’s authoritarianism is killing China’s economy | Business Beyond

China’s economy has been flashing red on various fronts for the past few years. A severe property crisis and the struggle to emerge from strict pandemic restrictions are routinely blamed for problems ranging from deflation to sluggish growth. But in this episode of Business Beyond, we ask if there are more fundamental reasons behind the world’s second biggest economy’s malaise. Under Xi Jinping, the Chinese Communist Party has become more controlling than at any stage in the past four decades. Does authoritarianism place a cap on economic growth? In this episode we ask if Xi's desire for control at all costs is the main reason why so many people, both within China and outside of it, have lost faith in a global economic powerhouse’s capacity to bounce back.
And a special request to our viewers: we would love to hear what you think of Business Beyond. Fill in the survey here to share your thoughts about the show: surveys.dw.com/c/businessbeyond
CHAPTERS
Introduction - 00.00
Double whammy: a pandemic and a property crisis - 01.42
The confidence deficit - 04.25
Is Xi the problem? - 7.37
War of distraction? - 13.31
Demographic disaster - 15.50
A tech dragon? - 17.25
Conclusion - 19.55
Credits: 22.35
Ends: 22.51
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#china #industrial #ccp

Пікірлер: 2 300

  • @helenrushful
    @helenrushfulАй бұрын

    Just the idea that you can force companies to sign agreements that hand over all their customer data to the the government on one hand and then be surprised when the rest of the world stops buying and investing in those companies. It’s juvenile

  • @PepeCoinMania

    @PepeCoinMania

    Ай бұрын

    It’s their system and it works

  • @adolft_official

    @adolft_official

    Ай бұрын

    C I A says hi

  • @mengreat6982

    @mengreat6982

    Ай бұрын

    Isn't US want rTikktok do the same?

  • @nasseq

    @nasseq

    Ай бұрын

    @@mengreat6982 divestiture. If feds wanted data from American companies, the companies can always tell them to sod off, see Apple.

  • @phillip76

    @phillip76

    Ай бұрын

    U.S. does that too. This can 't be the factor.

  • @larsthorwald3338
    @larsthorwald3338Ай бұрын

    If you're a despotic Emperor, the last thing you want is a free, politically empowered population; you want obedient, loyal minions who worship you. Mao wasn't the least bit bothered by the starving millions around him.

  • @phillip76

    @phillip76

    Ай бұрын

    I think you just got a very naive mind, and a very very unrealistic view of the world.

  • @zenf5092

    @zenf5092

    Ай бұрын

    @@phillip76 "naive mind" - i approve of this definition. You can also say “alternatively gifted”. “Indigo child”, “person of an alternative mindset”.

  • @user-tf6mu6qf6e

    @user-tf6mu6qf6e

    Ай бұрын

    @@phillip76Actually he has a very good grasp of history. Mao was one of history's greatest administrative bunglers. Incompetent.

  • @lsvaralokasf8249

    @lsvaralokasf8249

    Ай бұрын

    Mao is dead! Dude your mind is still in the past lol

  • @phillip76

    @phillip76

    Ай бұрын

    @@user-tf6mu6qf6e Are you talking about Mao, because I have no idea what Mao thinks. I was talking about modern Chinese leadership.

  • @thom8728
    @thom8728Ай бұрын

    Announcing you intend to invade Taiwan is not helpful. It smacks of instability and has Russia like consequences for the economy. Who would invest in that market under those circumstances??

  • @kevinc1200

    @kevinc1200

    Ай бұрын

    China has made this statement since its founding, it did not stop foreign investments.

  • @zacklewis342

    @zacklewis342

    Ай бұрын

    @@kevinc1200 But their military, especially the navy, were completely incapable until recently.

  • @chickaboomboom2726

    @chickaboomboom2726

    Ай бұрын

    NOT HELPFUL FOR WHO, YOU ! TAIWAN IS PART OF CHINA, HOW CAN THE CHINESE INVADE ITSELF ! THE U.S PRESENCE IN ASIA IS NOT HELPFUL TO NO ONE IN ASIA BUT WASHINGTON

  • @user-tr5vs9gm4r

    @user-tr5vs9gm4r

    Ай бұрын

    @@zacklewis342 Don't worry, they are just trying to scare the world and the world is becoming paranoid and it's working

  • @timmyg44

    @timmyg44

    Ай бұрын

    Especially so when they never had the intention of doing so.

  • @LucasBustamante1
    @LucasBustamante129 күн бұрын

    According to these economy experts, the higher the house prices, the better. No matter if it's only 10% of the wealthiest individual that can buy them, it doesn't matter if most of the housing money are leveraged by banks, as long as the house price goes up, everything is fine. Yeah, that will work great with the demographics of 50 years from now.

  • @charleswomack2166

    @charleswomack2166

    3 күн бұрын

    That was exactly how China used to think. Now they have been rudely awakened!

  • @c0smicbyte
    @c0smicbyteАй бұрын

    One-Child Policy (1979-2015) may be an Achilles Heel, not only of China's economy but, also of its military. If a war erupts involving the Chinese military, every Chinese military personnel killed or maimed in battle would produce two unsupported senior parents inside China, plus the grief of the loss of a single child. It may be fair to assume that a large majority of the Chinese military personnel at this time are single children, and the multiple losses of these personnel would have a psychologically destabilizing impact on the Chinese population.

  • @TheKkpop1

    @TheKkpop1

    Ай бұрын

    Sorry China is not interested war with NATO.

  • @mgronich948

    @mgronich948

    Ай бұрын

    @@TheKkpop1China is not interested in war with the US either. But China doesn't want to be another Iraq, or Afghanistan or Libya or Syria or even Ukraine. So it's building it military to deter the US from doing what the US does to every other country.

  • @anubizz3

    @anubizz3

    Ай бұрын

    China population problems not only happen in there..... Other western ally have similar problems...only immigration offset that... And alot of Western countries like us move to extreme right and want to decrease immigration drastically.. Not to mention China have alot of spare citizens unlike Western countries and mostlikely just run away like Ukraine when the war happens.

  • @l2qz711

    @l2qz711

    Ай бұрын

    @@TheKkpop1 China has been preparing for World War since Xi declared emperor

  • @l2qz711

    @l2qz711

    Ай бұрын

    @@anubizz3 你在这扯啥呢,把中国和发达国家比

  • @naguoning
    @naguoningАй бұрын

    "without underpaying their workers" ummm do you understand why consumption is so low??

  • @user-hf2dr7sh4y

    @user-hf2dr7sh4y

    Ай бұрын

    If the CCP authorities really cared about the Chinese economy and the hundreds of millions of poor people in China, they would create laws that made rich people spent most of their time wondering the country side looking for cheap things and food to buy, as opposed to buying houses, cars, and expensive meals in high-demand countries like Canada, Australia or the rest of the west, so that China's economy would rebound in a consumption-driven way. Instead of looking for the CCP's next target to bully after Hong Kong, Taiwan, and the Philippines.

  • @TheKkpop1

    @TheKkpop1

    Ай бұрын

    Chinese policy makers are frustrated consumer are not spending when Chinese had the very high saving (2.5 trillions). In the meantime, Chinese wages are improving in recent years, forcing many Chinese entrepreneurs to relocate low wages industries to lower income neighborhood.

  • @kimeli

    @kimeli

    Ай бұрын

    volume or price index?

  • @ristromanov

    @ristromanov

    Ай бұрын

    German companies underpaying workers around the world not the government's did you know about this?

  • @Scarlet_Witch888

    @Scarlet_Witch888

    Ай бұрын

    It depends on relative pay and in the high tech sector factory workers are being paid more than waiters and service industry personnel. Obviously if you compare to European and US standards almost the entire country is underpaid… but the cost of living is much lower

  • @hapah4894
    @hapah489426 күн бұрын

    Many Chinese people were buying and flipping real estate properties, but that sector has cratered, leaving many people holding the bags.

  • @mateobravo9212
    @mateobravo9212Ай бұрын

    Liked this format. Just the right amount of concise and analyst insight with minimal drama. Greetings from Spain.

  • @freelife1014

    @freelife1014

    Ай бұрын

    It spews nonsense from the beginning. FDI to China last year was over USD 150 billion. How could it be 33 billion?

  • @MSDGroup-ez6zk

    @MSDGroup-ez6zk

    Ай бұрын

    LOL, look at how the USA kills its allies' economy today while ExxonMobil always hits a new world record on net profit every time the US Democratic party wins the US presidential election. LOL

  • @deehazsnow3178
    @deehazsnow3178Ай бұрын

    Taking out Jack Ma sent a very very very bad economic signal

  • @carloschu7127

    @carloschu7127

    Ай бұрын

    That was one and a half years ago. ( about Jack Ma being threaten by ...... ) Meaning those who are still buy BABA thinking the shares are still cheap, are making crazy decision as an investor.

  • @carloschu7127

    @carloschu7127

    Ай бұрын

    And bad decision for who are still buying BABA shares.

  • @TuhunluunBionoid

    @TuhunluunBionoid

    Ай бұрын

    It’s a very very good signal for the people: no capitalist is above the state in China. The state is for the people, and the capitalist is just one of the people, not above everyone else. China is a socialist country and it stays true to that intension.

  • @TheBarbahaba

    @TheBarbahaba

    Ай бұрын

    @@TuhunluunBionoid socialist aka misfunctioning and corrupt .. but hey at least the citizens dont have freedom of speech to express the misfunction or the corruption so everything is dandy right wumao ?

  • @youxkio

    @youxkio

    Ай бұрын

    Yep, everyone on higher echelons of the economy will be afraid of reaching the top.

  • @concernedcitizens4110
    @concernedcitizens4110Ай бұрын

    There are similarities between China and Japan. The declining birth/fertility rate, the set up for a ‘lost decade’ and economic stagnation. However Japan have a much better capacity to deal with this issue as it’s already set up itself as an advanced economy and they’re also a liberal democracy that is part of Western Alliance in Asia alongside Australia, South Korea, New Zealand and maybe even India. In conclusion China’s crises could be even more dire than what Japan has experienced.

  • @pervertt

    @pervertt

    Ай бұрын

    Only superficial demographic similarities. Japan managed to get rich before it got old. And while it is old, Japan doesn't have the gender disparity that plagues China. Millions of Chinese men will never marry or leave descendants. This has profound implications for a society schooled in Confucian ideals.

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    ​@@pervertt😂😂😂China 0 recession China 0 inflation Usa recession Uk recession France recession Germany recessing India recession Taiwan recession

  • @SelfProclaimedEmperor

    @SelfProclaimedEmperor

    Ай бұрын

    ​@@jacksmith-mu3eechinas real gdp is likely shrinking. China's population shrinking. China has deflation which is worse than inflation. USA economy grew 2.3% last year.

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    @@SelfProclaimedEmperor Agreed . China lied They claimed their economy is rising by 5.2% , that's a lie . Real growth is 50% . Even usa is under chinese loans U are correct . West is a country that definitely exist on planet pluto No child policy in usa is making sure that west a country that definitely exists in your mom bedroom 😂😂😂😂 gets chinese exports

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    @@SelfProclaimedEmperor deflation doesn't shrink economy . Inflation does

  • @cathe3633
    @cathe363325 күн бұрын

    Don't see the survey but can say the coverage was well put together, easy to understand, and more importantly, hugely informative and relevant to global concerns for all.

  • @richardwills-woodward5340
    @richardwills-woodward5340Ай бұрын

    Those demographic numbers are way, way out! They will lose 300 million by 2050 and 6-700 million by 2100. Those are Shanghai and Beijing University numbers. The 2050 population is expected to be 1 billion people. The over all population drop isn't even the story, it's the far worse (if that was possible) working age population. They are extinct in any meaningful sense. There will few people to consume and be educated enough to do so, and that assumes everything goes right! Also needs to be mentioned absolutely nobody believes the population numbers. If you look at ALL the evidence, the best guess is 1.3 billion in 2024, some say 1.280bn. There are 100m people that don't exist that were in the numbers faked by provinces for reasons of funding.

  • @pervertt

    @pervertt

    Ай бұрын

    Finally, someone who doesn't taking Chinese government statistics at face value. I'd also take their claim of 5.2% GDP growth last year with a sackful of salt.

  • @elmohead

    @elmohead

    Ай бұрын

    The 5% growth was not from China. That was from the World Bank. The same one that calced USA's 3% growth.

  • @colleenpeck6347

    @colleenpeck6347

    Ай бұрын

    30, 000 Chinese nationals have emigrated to the US in the past year through the US southern border.

  • @zacklewis342

    @zacklewis342

    Ай бұрын

    Actually, your numbers are too optimistic as well. Some estimates are a current population UNDER a billion, with the true figure somewhere around 1.1 to 1.2.

  • @rob3539

    @rob3539

    Ай бұрын

    Does anyone believe any official data coming from the Chinese gov't. Agencies get told what their annual target for the year is to be and know what happens to the head officials if its not achieved.

  • @ArabicReja973
    @ArabicReja973Ай 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?

  • @Questioneverything2050

    @Questioneverything2050

    Ай бұрын

    China wants to property market to crash to make housing more affordable Exports are down because of “nearshoring” Geopolitics means that china doesn’t need FDI

  • @mochen9282

    @mochen9282

    Ай бұрын

    When property sector was OK and accounts for 30% of GDP, the GDP growth of China was 7%. It means that the GDP growth other than property sector was 4.9%. And now the GDP growth is 5.2% without bubble, in the mean time, people can also enjoy a low property price, I'd consider it a success.

  • @TheKkpop1

    @TheKkpop1

    Ай бұрын

    Hi troll You and Last Chang are the same person. Btw China economy will collapse in your dreams tonite and every nite

  • @AhmetTekin101

    @AhmetTekin101

    Ай бұрын

    ​@@mochen9282How? Did you go to school at all?

  • @baogiangtran1647

    @baogiangtran1647

    Ай бұрын

    Same story with the US stock market at an all-time high maybe

  • @ValenTIGER
    @ValenTIGERАй бұрын

    They are the master of deceiving that lasts long. Also the world is fooled from greedy expectation. Giving too much credit to dishonest liars!

  • @ssss8162

    @ssss8162

    Ай бұрын

    The only dishonest liars are the Western media. The same media who keep quiet on who bombed Nordstream

  • @1KentKent

    @1KentKent

    Ай бұрын

    Can you explain? I don't understand what you're referring to.

  • @MichaelDembinski

    @MichaelDembinski

    Ай бұрын

    If by 'they' you mean the Chinese Communist Party, you forget that party has been hijacked by One Man - not 'they', but 'he' - Xi. This is the whole problem with one-party states; if one man (and it's always a man) takes control of the party, he takes control of the entire nation. Democracy might not be perfect, but its checks and balances prevents that from happening.

  • @michaelgothenburg364

    @michaelgothenburg364

    Ай бұрын

    @@1KentKent I'm not going to write a book but after having worked with the Chinese for 27 years, and lived near (but not in) China for 33 years... It's true, They, as in the Chinese leaders, are the masters of deceiving. They know very well that democracy's greatest weakness is that democratic leaders cannot act without public support so they work subtly and slowly enough to not give democracy a chance to act. This has been the case for the 20 years I have followed this. Also do note that I like the vast majority of the Chinese, I specifically say the Chinese leaders

  • @avii5450

    @avii5450

    Ай бұрын

    @@1KentKent Pretty sure he's talking about USA and the dollar.

  • @teacherfavaro
    @teacherfavaroАй бұрын

    Great work doing this show

  • @jackkingslakes7917
    @jackkingslakes791711 күн бұрын

    There's nothing strange about this. The CCP is most concerned about its regime security. If it feels that his regime is unsafe, let alone economic development, it will not hesitate to sacrifice half of the country's people!

  • @user-cg6wb9zw2i

    @user-cg6wb9zw2i

    3 күн бұрын

    They're trying to lift the other parts of the country out of poverty that's why they're not stimulating growth in property. They are also forcing companies to be more charitable. Yes heavy handed in controlling companies, but with a one party system they are not beholden to corporations. They don't care about the corporations, they're trying to have more even distribution of wealth. While in the west barely anyone can afford anything. If you read their mandate that's what they're trying to do

  • @jimtalbott9535
    @jimtalbott9535Ай бұрын

    It’s fun to watch the comments of “What about the GEERRRRMAAAAN economy??” Yes, this is German YT channel, but this is their English version - kinda makes sense they’ll have a foreign focus.

  • @PepeCoinMania

    @PepeCoinMania

    Ай бұрын

    It makes no sense since German does not have anything to teach others these days No army No economic grow Russians about to destroy them and they can’t even defend themselves 😂

  • @oldschool8432

    @oldschool8432

    Ай бұрын

    ​@@PepeCoinMania Freaking chinese bot

  • @baronvonjo1929

    @baronvonjo1929

    Ай бұрын

    It's funny to see someone say something like that but with Germany. I see people say the same thing about America. Lots of "America isn't the whole world" But this is literally a American website dominated by Americans. Same with many other websites. I would expect a Japanese website to be dominated by Japanese. Unless of course is like this where it might originate in one place but is aiming at a different demographic. Typically English speaking.

  • @RyanMWilliams

    @RyanMWilliams

    Ай бұрын

    That's on France 24 English... "German economy buffeted by 'perfect storm'"

  • @inxiousinx7993

    @inxiousinx7993

    Ай бұрын

    ​@@baronvonjo1929 KZread dominated by Americans ?? you know some country like India(4 times US population), japan and the whole eu can use youtube too right ? i will use your quote for you. America isn't the whole world

  • @danilordizon
    @danilordizonАй бұрын

    Who would buy a crumbling substandard property wasting hard earn money.

  • @Jack-ne8vm

    @Jack-ne8vm

    Ай бұрын

    Probably can't trust banks either. No investment of earnings really secure.

  • @user-qf7ud5de9h

    @user-qf7ud5de9h

    Ай бұрын

    ​@@Jack-ne8vmif you can't save, you can't earn interest, so they aren't making money either.

  • @user-qf7ud5de9h

    @user-qf7ud5de9h

    Ай бұрын

    Why did you defer the maintenance 20 years? So you could write off the depreciation? You can't have it both ways honey🍯🎳🏦God is just, not a liar like Rockefeller and krogers

  • @user-qf7ud5de9h

    @user-qf7ud5de9h

    Ай бұрын

    They put the profits in offshore investments, and lose it, and don't pay dividends to the investors. That is why they lose, because they are stingy, and don't share like Endor.

  • @NewmaticKe

    @NewmaticKe

    Ай бұрын

    They would if they expected prices to rocket

  • @PhillCurtis
    @PhillCurtis22 күн бұрын

    More videos with this format but on a range of topics 👍 hello 👋 from the UK

  • @thecorpooration
    @thecorpoorationАй бұрын

    Great report, thank you.

  • @jimmahoney7803
    @jimmahoney7803Ай бұрын

    Fear of investing. Fear of going to jail forever.

  • @cyberslim7955
    @cyberslim7955Ай бұрын

    4:00 "Property down"? Half price and less in prime location is called a "free fall"!

  • @michaelgothenburg364

    @michaelgothenburg364

    Ай бұрын

    30-40%, not half

  • @NewmaticKe

    @NewmaticKe

    Ай бұрын

    We're not yet at half but let's see

  • @cyberslim7955

    @cyberslim7955

    Ай бұрын

    @@michaelgothenburg364 You are right, but as a prop owner wanting to sell and cannot close with 40% off, then we are effectively at 50%! Even then we don't know if we can close a deal...

  • @michaelgothenburg364

    @michaelgothenburg364

    Ай бұрын

    @@cyberslim7955 I have heard of some sales at 30-40% off, I have not heard of any at 50%. I still think 30-40% is quite realistic, with many people not accepting to sell at all. Definitely a pretty bad situation over there

  • @MeeesterBond17

    @MeeesterBond17

    Ай бұрын

    I can understand them not wanting to use the term, but... yeah, can't argue with your point, that's bad news.

  • @assassinsrequiem
    @assassinsrequiemАй бұрын

    This is compared to the USD. What about their own sustainability within BRICS?

  • @kevinbyrne4538
    @kevinbyrne4538Ай бұрын

    China has fallen into the "middle income trap". China should have developed its domestic market as it developed its manufacturing sector. But now the cost of Chinese labor is higher than that in Vietnam and India; so foreign investment is leaving Earth's largest prison. Xi Jinping is worsening a bad situation: he threatens war with Taiwan; he tightens his grip on power; he prolongs the problems which were caused by the bursting of the real estate bubble (and spreads the problems to the banking sector); he pours money into the already excessively large manufacturing sector; he continues to pour money into useless infrastructure projects; he scares away foreign investors; ... the list is almost endless.

  • @EdeYOlorDSZs

    @EdeYOlorDSZs

    Ай бұрын

    One of the reasons that so much money was poured into infrastructure is to inflate GDP figures (and to nourish the middle class worker ofcourse). Local governments are responsible for GDP growth and accepting money from Beijing to build useless bridges is an easy way to meet the target

  • @LouiseChong-xk5xp

    @LouiseChong-xk5xp

    Ай бұрын

    Infrastructure are useless, US citizens will totally agree with u😂

  • @kevinbyrne4538

    @kevinbyrne4538

    Ай бұрын

    @@LouiseChong-xk5xp -- The poor province of Guizhou has as many km of highways as Japan has. Money and resources are being wasted in order to reach Xi Jinping's 5 percent annual GDP growth.

  • @CasperChicago

    @CasperChicago

    Ай бұрын

    @@LouiseChong-xk5xp Totaly disagree! Roads/interstates, bridges, airports, shipping ports are all government (state & national) investments. Sports stadiums are useless. There is a reason that the richest US state/cities are on the east and west coast of the USA; they have ports of entry.

  • @LouiseChong-xk5xp

    @LouiseChong-xk5xp

    Ай бұрын

    @@CasperChicago but when I visited, stadiums are well maintained, meanwhile I have to endure pee smell and flying rubbish at subway. Flying plastic bag on the road is a norm while riding car😬 remembered my first visit, I was like omg, it is totally gta

  • @nostriluu
    @nostriluuАй бұрын

    The effect DW overuses to switch between scenes makes me queasy. Can't watch it. Why not just switch scenes?

  • @sandponics

    @sandponics

    28 күн бұрын

    They are possibly trying to brainwash you using subliminal marketing techniques. just ignore the impulse to buy anything.

  • @craigarmstrong3106

    @craigarmstrong3106

    22 күн бұрын

    Yep. I stopped watching because of it.

  • @sanjungsagaconstructionsb387
    @sanjungsagaconstructionsb387Ай бұрын

    Nice to stay in Austin,JB, good choice, Mr Loo! 🎉congrats!

  • @mondocanuck7873
    @mondocanuck78735 күн бұрын

    One issue with FDI (Foreign Direct Investment) that never gets mentioned is that China includes ALL profits earned by foreign enterprises and deposited in Chinese banks. So this is NOT direct new investment, but captive capital. And it truly is captive since the Chinese government does not allow these foreign companies to repatriate their profits back to their home countries or leave China in any way.

  • @themtoniraniremaxbroker2447
    @themtoniraniremaxbroker2447Ай бұрын

    Very Good and Detailed Analysis, Many Many thanks DW!!

  • @MrManny075

    @MrManny075

    Ай бұрын

    BS lies, Reality is a lot different, China is in space with its own space station look up at night, and you see it, China has changed the world for good in the 80s a video used to cost over 100 dollars few people could afford a phone, thanks to the Chinese we all can afford things that used to be only for the few.

  • @user-dh3ji1ic8k
    @user-dh3ji1ic8k27 күн бұрын

    Meanwhile let's talk about how Scholtz's democracy is bringing prosperity to Germany's economy, and how Biden's freedom is improving American's living standards.

  • @d.a.t.7723

    @d.a.t.7723

    22 күн бұрын

    Not with a Chinese bot😅😅😅

  • @user-dh3ji1ic8k

    @user-dh3ji1ic8k

    19 күн бұрын

    @@d.a.t.7723 看得出来你家里人4完了

  • @zacksmith5963

    @zacksmith5963

    11 күн бұрын

    ​@@d.a.t.7723 cia bot spotted

  • @user-bk1lo7qf3o
    @user-bk1lo7qf3o25 күн бұрын

    No company wants to come, all want to leave, splendid.

  • @Alvin-eq5rc
    @Alvin-eq5rcАй бұрын

    Thank you DW for the great documentary.

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    😂1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood ofahard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hard landing risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landingin China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. KWR International: How to find a soft landing in China. 2004. The Economist: The great fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landingin China 2006. International Economy: Can China Achieve a Soft Landing? 2007.TIME:Is China's Economy Overheating? Can China avoid ahard landing? 2008. Forbes: Hard Landing In China? 2009 Fortune: China's hard landing China must find a way to recover. 2010. Nouriel Roubini: Hard landing coming in China. 2011. Business Insider: A Chinese 2012. American Interest: Dismal Economic News from China: A Hard Landing 2013 Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China. 201 5 Forbes: Congratulations, J You Got Yourself A Chinese Hard Landing 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going To Crash? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than Vou Think

  • @stuartdevaan
    @stuartdevaanАй бұрын

    Innovation comes from the freedom to trade and share ideas. Authoritarian systems have never been good at nurturing these freedoms and always fail. We are working hard here in the USA to make sure that authoritarianism doesn't take hold here with Trump and MAGA

  • @happyface4234

    @happyface4234

    Ай бұрын

    Too much FrEeDoM that they banned Pro-Palestanian protests in most European countries, by all mean... continue the pantomime-- not fooling anyone.

  • @TheKkpop1

    @TheKkpop1

    Ай бұрын

    Hard working american are robbed by exuberant taxes, student loans, house loans, health insurance, car loans and credit card, leaving you with no saving and debt every month. That's how the loving and caring capitalists work pretending to pay you high income but robbing you in return.

  • @alidasougi5256

    @alidasougi5256

    Ай бұрын

    absolutely agree. Well said!

  • @weixingyang898

    @weixingyang898

    Ай бұрын

    USA Freedom to trade?? The one to start a trade war and sanctions when can't compete with the competition?? Ha ha ha...

  • @ij4674

    @ij4674

    Ай бұрын

    Lol MAGAs call you the authoritarian ones. Every system has faults

  • @inxiousinx7993
    @inxiousinx7993Ай бұрын

    Expect a dire crisis graph and chart supporting the argument. Dont see any graph data that will do what the title said in the video. strange

  • @marygem

    @marygem

    Ай бұрын

    Facts speak with or without a graph.

  • @guydreamr

    @guydreamr

    Ай бұрын

    Strange that you don't need a graph when interviewing experts with knowledge on the matter.

  • @tedwong7037

    @tedwong7037

    Ай бұрын

    well usually western media is not based on data, its meant to push narratives.

  • @tedwong7037

    @tedwong7037

    Ай бұрын

    are you sure? facts are just words you like to listen? it sounds so indian.@@marygem

  • @marygem

    @marygem

    Ай бұрын

    When the CCP can produce accurate and timely charts, you will be able to see them. Hasn't happened in past 60 years, so don't get your hopes up.

  • @rajatanshu
    @rajatanshuАй бұрын

    Wonderful insight into a very complex issue

  • @milfordjohnson2289
    @milfordjohnson2289Ай бұрын

    this sounds pretty sensible and rather accurate, my gut feeling is that this is an accurate analysis. thanks for the actually interesting and informative journalism :)

  • @sandponics

    @sandponics

    Ай бұрын

    My feeling is that it will either rain or go dark before morning.

  • @milfordjohnson2289

    @milfordjohnson2289

    Ай бұрын

    @@sandponics oh well. too bad 😆

  • @codacreator6162
    @codacreator616229 күн бұрын

    Next-gen American population will decline, too, if wealth inequality is not addressed.

  • @eutha6

    @eutha6

    13 күн бұрын

    wealth inequality has evolved in America to be more of a serfdom-so as long as people believe they can become billionaires and are thrown enough bones, the inequality will persist until the ponzi scheme that is wall street collapses-the real hazard of this inequality is the evolution of the oligarchy-mini kings and their 'royal' dynasties. Welcome to the Gilded age pt.2

  • @user-lb1qn6wf6c
    @user-lb1qn6wf6cАй бұрын

    China has a surplus of hard currency reserve, probably more than any country in the world. Why FDI will be the main deciding factor in their future prospect as far as they can keep their competitiveness?

  • @doujinflip

    @doujinflip

    Ай бұрын

    Because they'd also be spending it just as fast. China's capital controls means its main value globally lies in being able to liquidate into USD or EUR even more worthless currencies like Argentine Pesos -- CNY itself isn't widely trusted to hold its value and be worthy to collect.

  • @tedwong7037

    @tedwong7037

    Ай бұрын

    the western media is trying to summon the investers to pull out of China, actually Chinese govt is not concerned about that, China now is not that much depended on FDI TBH, if you dont invest, then Chinese capitals will share the growth, as long as the production efficiency remains high, cost of manufacture is relatively low, i say China will continue to have trade surplus and gradually become richer, with or without foriegn investment. so im not sure DW has positive or negative influence to investers at the end of the day.

  • @theonlycaulfield

    @theonlycaulfield

    Ай бұрын

    China also has the highest gross debt of any country in the world, having overtaken the US.

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    @@theonlycaulfield usa is under chinese debt

  • @theonlycaulfield

    @theonlycaulfield

    Ай бұрын

    ​@@jacksmith-mu3ee Less than 10% of US government debt in the form of treasury securities are held by China.

  • @edwardallangabor850
    @edwardallangabor850Ай бұрын

    Excellent overview and insight.

  • @atspecialtycements
    @atspecialtycementsАй бұрын

    Great show keep it up

  • @ubcphysicsyangbo
    @ubcphysicsyangboАй бұрын

    The West is of course happy about this, for better or for worse, rich Chinese are bringing them money overseas and investing in West locales where they believe prices will only increase. This has caused property value in immigrant-heavy jurisdictions to increase rapidly over the past several decades. Countries like Canada, Australia, etc.

  • @MegaFarah78

    @MegaFarah78

    Ай бұрын

    true

  • @fulltechahead

    @fulltechahead

    Ай бұрын

    but these countries are now regulating chinese purchases of real estate (particularly in my country of Canada) much more strictly, so it is no longer going to be a 'safe haven' for rich chinese and their capital flight from their broken system

  • @discofrancais

    @discofrancais

    Ай бұрын

    They touched on it in the video, but a prolonged downturn in China will be particularly harsh on Australia too. China is Australia's largest trading partner, accounting for $125bn AUD annually - 27% of all foreign trade. Although the 2 country's trade balances are almost neutral with each other. So as a result, the longer the downturn in China, the slower trade velocity may become impacting Australia's economy. Am Australian and pay close attention to this.

  • @LouiseChong-xk5xp

    @LouiseChong-xk5xp

    Ай бұрын

    But when china price drop, u people say china is collapsing. So your price hike should be a good sign😂

  • @Jormunguandr
    @JormunguandrАй бұрын

    Feels like government more into control of humans than economy

  • @naelalshowaikh612
    @naelalshowaikh61229 күн бұрын

    yeah but we also have a global financial crises and that could also be a contributing factor if not the decisive factor

  • @agritech802
    @agritech802Ай бұрын

    Thanks DW, you're the best 👍👍

  • @user-xt5yz8wm7z

    @user-xt5yz8wm7z

    Ай бұрын

    Ok trollm🤣🤣

  • @zhanglan6568
    @zhanglan6568Ай бұрын

    If you cannot have a objective judgement of Chinese economy, reality will.

  • @HarunRaffael

    @HarunRaffael

    Ай бұрын

    Exactly. That's why China is doomed.

  • @Monkehrawrrr

    @Monkehrawrrr

    Ай бұрын

    The reason why China is in trouble is the US is scared and had to halt foreign investment and use protectionism. US being evil af yet again

  • @garycmli

    @garycmli

    Ай бұрын

    you mean the stock indices right?

  • @zhanglan6568

    @zhanglan6568

    Ай бұрын

    @@garycmli The stock index does not perfectly match with the economy.

  • @freelife1014

    @freelife1014

    Ай бұрын

    @@garycmli It spews nonsense from the beginning. FDI to China last year was over USD 150 billion. How could it be 33 billion? Just because China invested over USD120 billion overseas last year, then FDI to China was the difference between the investment absorbed and that going out? By this way of calculation, the US would have negative FDI figures.

  • @ladrenadavis4358
    @ladrenadavis4358Ай бұрын

    Great reporting

  • @jy592

    @jy592

    Ай бұрын

    Bushit

  • @NeidlichesSchwert
    @NeidlichesSchwert9 күн бұрын

    8:22 is the funniest picture of...defeated enthusiasm? ...downtrodden subservience? ...crushed resignation?

  • @waltarenouf7351
    @waltarenouf7351Ай бұрын

    I love DW. Simply superb journalism!

  • @famouschappi

    @famouschappi

    28 күн бұрын

    Haaaahaaaa! 😂 if YOU say so.

  • @chesh3712
    @chesh3712Ай бұрын

    Everyone should be pushing companies to devest in china, prevent war, strengthen friendlier countries economys.

  • @bubuneowoo6161

    @bubuneowoo6161

    Ай бұрын

    Foreign brands account for only 13 percent of China exports. Please stop exposing your ignorance in a public forum!

  • @kenho-wr5ul2rh7m

    @kenho-wr5ul2rh7m

    Ай бұрын

    yea we are buying Mercedes and BMW less, we dont need Mercedes and BMW in China Germany is not friendly to us

  • @mgronich948

    @mgronich948

    Ай бұрын

    Everyone = US neocons. And it's working to an extent.

  • @PherPhur

    @PherPhur

    Ай бұрын

    @@kenho-wr5ul2rh7m You need to buy from North Korea, Russia and Iran. Birds of a feather flock together

  • @TuhunluunBionoid

    @TuhunluunBionoid

    Ай бұрын

    War mongering.

  • @marioformosa4259
    @marioformosa4259Ай бұрын

    China's GDP growth is now "only" 5% per annum. Sanctions have been very successful. Against France and especially against Germany.

  • @alanssshh

    @alanssshh

    Ай бұрын

    LOL

  • @michaelgothenburg364

    @michaelgothenburg364

    Ай бұрын

    If you had known anything about how China works, you would know that the numbers are manipulated at all levels, not only the top, and that not even the top knows the exact numbers

  • @sdaiwepm
    @sdaiwepmАй бұрын

    12:45 Would have been interesting to hear how Singapore did it.

  • @NewmaticKe

    @NewmaticKe

    Ай бұрын

    Singapore is authoritarian?

  • @tvworkshoptravelandeventsasia

    @tvworkshoptravelandeventsasia

    29 күн бұрын

    They had Lee Kuan Yew as a leader😇! Can not agree with everything he did but he was the ultimate visionair & leader! But Singapore is also facing a few challenges: Managing external dependence, building a more robust domestic economy, reducing the role of government, improving the macroeconomic management of the economy, and understanding (and accepting) the implications of slower growth.

  • @aspendesign
    @aspendesign11 күн бұрын

    That was excellent. Thank you for providing such an accessible view of the Chinese situation. Really. Well done.

  • @jasonhutchinson8060
    @jasonhutchinson8060Ай бұрын

    Its easy to grow your economy when you are selling everything below the cost of capital and simultaneously leverage up every level of government spending with huge amounts of zero interest debt while in a real estate bubble. Until the music stops. Ask yourself one question: would you choose to hold an apartment in Shanghai over that of New York, Paris, London, Zurich, Tokyo? No, you would not. For reasons that are obvious to all. Even the Chinese. So Capital has started to act accordingly. Its leaving.

  • @antukin146

    @antukin146

    Ай бұрын

    they are trying to conive with Chinese nationals living in foreign lands to compete with the local businesses in the goal of monopolizing the market.. like in our country some Chinese national will be able to sell an expensive component at a very low price because they are able to get it in china at a very low price and without the need to pay upfront.. I'm not sure how they are so confident that the Chinese living abroad will be sure to pay them back but maybe that's why there are pseudo Chinese police in Canada or in other countries.. I'm not sure maybe just my conspiracy theorists. maybe I'm crazy 😂 but there's alot of Chinese businessmen able to start a business with almost nothing on their pockets..

  • @tedwong7037

    @tedwong7037

    Ай бұрын

    i will easily choose Apartment in Shanghai over NYC, ive been living in both, at least Shanghai is perfectly safe, i never walked home after 11pm in NYC, no matter how close i was to home, i will take a cab, i dont want some desperate homeless people threaten me from the dark alleys. my life is precious.

  • @TuhunluunBionoid

    @TuhunluunBionoid

    Ай бұрын

    Chinese work hard and efficient to produce more with less, but somehow it’s a sin, because it’s “producing below the cost of capital” according to you. I have never heard that being hard working and smart is a bad thing. Jealousy is over flowing in your heart.

  • @TuhunluunBionoid

    @TuhunluunBionoid

    Ай бұрын

    A lot of people would love to hold a real estate in Shanghai, but they can’t afford it, you are an example.

  • @TuhunluunBionoid

    @TuhunluunBionoid

    Ай бұрын

    Shanghai is safer, cheaper ( outside buying property) and has way better infrastructure than NYC or London. You need to travel more, not just sitting and imaging things.

  • @burprobrox9134
    @burprobrox9134Ай бұрын

    The constant push for growth. Surely a nice steadiness is an option

  • @jimmyrichards5595

    @jimmyrichards5595

    Ай бұрын

    There has to be a “constant infinite growth” when the money that the system is made of, is constantly being debauched, debased, and devalued. Here in the country that I live in, that is signified by the $35 Trillion National Debt… heading to what? Headed straight for Infinity. How much National Debt should there be? Debt is not wealth. The National Debt should be Zero. I highly recommend you look into precisely what happened to the Gold Standard and exactly how it was “removed” in the U.S. It will be interesting for me to see if KZread removes my post. When I have posted the facts about what happened to the Gold Standard, I’m used to seeing my post completely disappear, with no explanation of why. Here, I have not posted what happened to it. But I am wondering if it will be removed for simply talking about the “Gold Standard”.

  • @mrcool7140

    @mrcool7140

    Ай бұрын

    This is German state media. Extremely neoliberal, constaly paddling worldwide billionaire interests. GDP is the only measure they are interested in. So what did you expect.

  • @jameslong9921

    @jameslong9921

    Ай бұрын

    The thing about growth is that it is always accompanied by decline and that is not something to be feared or fought against. Show me one example in the natural world where something only grows and never dies, decay is simply the one side of the coin, growth being the other. The sooner we acknowledge and accept that the less unrealistic expectations we will have about our economy's in general.

  • @jimmyrichards5595

    @jimmyrichards5595

    Ай бұрын

    @@jameslong9921 So, you don’t fear contraction in the economy? What about what is called ‘deflation’ in the monetary system? It appears to me that most all the people “in charge” of the monetary system talk about deflation as if it is the BOoGeYMaN. We can’t be having that! People will lose their jobs and there will be a recession. But it seems to me that’s what we had during the “Financial Crisis” of 2008/2009. Is this what happened during the Great Depression of the 1930’s? But here is something that, during my lifetime I have only ever seen grow, and never come back down. As in, come back down to earth. The National Debt. I’m thinking that at some point, there must be a reckoning of the National Debt. There is no free lunch, the piper must be paid. But our leaders appear to treat it as if it can go to infinity. And something that is never talked about is the fact that this Nation used to be on a Gold Standard, and… what exactly and precisely happened to that Gold Standard? It was done away with Presidential Executive Orders, and nothing else. It didn’t go through Congress and had nothing to do with the will of the people. Why didn’t Congress do anything about the removal of the money that was of the people(government does not have a monopoly on the creation and production of gold). Apparently when it comes to the Gold Standard, Congress is just a potted plant, that sits there and does absolutely nothing. Thanks Congress!/s The reason I hammer on the Gold Standard is, Gold is not Debt. Historically it has been a representation of wealth, not the indigent. And, look what happened to it. Look what happened to our wealth! It has been and is being, turned into Debt. Gold pays the piper and extinguishes debt. But hey, that’s just me. And as I always say(or ask), “What do I know?” 😄 Well, I can say that I know what happened to the Gold Standard!

  • @sandponics

    @sandponics

    Ай бұрын

    Are you a communist?

  • @numbersix8919
    @numbersix8919Ай бұрын

    Actually Chinese households were able to keep their homes, and not be thrown onto the street as in the _non-authoritarian_ US.

  • @OnMusicSoon1

    @OnMusicSoon1

    28 күн бұрын

    the current auctioning properties in China stops count at 4 million. In other words, 4 million households are thrown out of their properties

  • @numbersix8919

    @numbersix8919

    28 күн бұрын

    @@OnMusicSoon1 Nope.

  • @hungnguyen-tr4cn
    @hungnguyen-tr4cnАй бұрын

    people do not think of how they going to pay a rent, real state fee double of your monthly salary and if you loss your job then what..of course you will lose the house and everything else

  • @uckBayNguyen
    @uckBayNguyenАй бұрын

    China have a white elephant so huge, it doesn't fit in the room. Look out the window at that belt and road initiative. Beautiful thing, ain't it?

  • @ankpms830

    @ankpms830

    Ай бұрын

    Of course it is beautiful thing, China spend money to build infrastructures while USA spend money on war

  • @SelfProclaimedEmperor

    @SelfProclaimedEmperor

    Ай бұрын

    ​@@peterseth3296western countries have the wealth to pay their debt, china does not

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    AgreedAgreed . China lied They claimed their economy is rising by 5.2% , that's a lie . Real growth is 50% . Even usa is under chinese loans U are correct . West is a country that definitely exist on planet pluto No child policy in usa is making sure that west a country that definitely exists in your mom bedroom 😂😂😂😂 gets chinese exports

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    ​@@SelfProclaimedEmperor which country is named west ?

  • @downtomars6268

    @downtomars6268

    Ай бұрын

    @@SelfProclaimedEmperor printing dollars does not count.

  • @TK199999
    @TK199999Ай бұрын

    Xi also doesn't want a internal consumption driven economy. Since that would increase wealth and increase the Chinese middle class or as Xi calls it 'weakness'. This makes the Chinese population more difficult to control and so Xi is more comfortable with China staying or become increasing poor than risk any loss of control.

  • @sandponics

    @sandponics

    Ай бұрын

    Mao said that socialism should not be shared poverty.

  • @georgeinjapan6583

    @georgeinjapan6583

    Ай бұрын

    @@sandponics I agree with this quote. Maybe Xi should follow it.

  • @timmyg44

    @timmyg44

    Ай бұрын

    Yes, he does, but you can not develop an internal economy in the face of hardcore supply side economics.

  • @BoazKiriama-do3xy

    @BoazKiriama-do3xy

    24 күн бұрын

    😂😂 you guys talk about chairman Xi as if you know t Him so well😂😂 good luck

  • @MrAB-xc9du
    @MrAB-xc9duАй бұрын

    FDI is one amongst other Economy indicators, however economy already has problems of booms and slump etc, as I think

  • @gezalesko3813
    @gezalesko3813Ай бұрын

    it so good that here everyting is under control...

  • @AK-ej5ml
    @AK-ej5mlАй бұрын

    One thing which wasn't discussed: The Chinese working age population has been falling since 2015 - this followed decades of rapid growth in the workforce. From here on in Chinese economic growth will require productivity growth and/or an increasing participation rate.

  • @icet6665

    @icet6665

    Ай бұрын

    THEY USING MORE ROBOTICS IN THEIR FACTORIES

  • @AK-ej5ml

    @AK-ej5ml

    Ай бұрын

    @icet6665 They might be, but Chinese labour productivity growth has still been trending down for decades - currently at 4.2%. So, with a shrinking workforce, economic growth will be below this unless the participation rate can be increased.

  • @jliang70

    @jliang70

    Ай бұрын

    @@AK-ej5ml Chinese skilled labor force is still at 200 million and highly skilled work force is at 60 million. Even with a demographic issue their productivity is increased by 20% over the last four years. In term of industrial output the growth has been average about 11.5 from 1990 to 2023 over the 33 year period.

  • @timmyg44

    @timmyg44

    Ай бұрын

    This would be a definite problem if China was already developed, but China has an untapped and forgotten population who have never been part of Chinese economic miracle who are a ready and waiting resource?

  • @AK-ej5ml

    @AK-ej5ml

    Ай бұрын

    @timmyg44 True, that population is there, so there is potential - however in recent years, even with the shrinking population, it doesn't look like they are joining the labour force. But often this sort of thing moves slowly, so hopefully China finds a way to increase the participation rate.

  • @starlet88sg
    @starlet88sgАй бұрын

    very balance point of view. thumps up.

  • @davidwong5197

    @davidwong5197

    Ай бұрын

    Not really. US has the same problem with the commercial sector. Local banks are going out of business. Not covered. Germany the home country 2 out of 3 companies moved and GDP growth is projected to be 0.5%. At least China's contraction is intentional to make housing more affordable. Rent went up 40% in US last 3 years. Yes China has problem so does everybody else. The world is in trouble and we are still arguing who is doing worse.

  • @famouschappi

    @famouschappi

    28 күн бұрын

    Haaaahaa! No.

  • @redrobin8544
    @redrobin8544Ай бұрын

    thank you.

  • @michaelhe512
    @michaelhe51221 күн бұрын

    you forgot to mention most critical part that economical back stab from US and west

  • @gigachadsitler
    @gigachadsitlerАй бұрын

    Germany 's largest trading partner is China

  • @k.k.c8670

    @k.k.c8670

    Ай бұрын

    Anyone who starts his post with 'as a man from Europe' as you have done elsewhere on KZread is almost always from the ex Soviet colonies or some small and poor, inconsequential European country.

  • @k.k.c8670

    @k.k.c8670

    Ай бұрын

    @@LoveLove-jg9ol says the tech dinosaur .. Just click on a profile and you see what he posted... Duh

  • @Masterrunescapeer

    @Masterrunescapeer

    Ай бұрын

    Not by much, 2023 stats of Destatis (Germany's stats amt): Turnover (Export + import in 1k EUR) China 253 056 431 United States 252 349 809 Netherlands 214 789 029 That gap between US and China is negligible. And it's mostly due to import from China, as Germany moves their supply chains away, you'll see that figure drop substantially.

  • @unconventionalideas5683

    @unconventionalideas5683

    Ай бұрын

    It doesn't look set to stay that way much longer.

  • @tedwong7037

    @tedwong7037

    Ай бұрын

    Germany's father and owner is US of A

  • @geeglox
    @geeglox25 күн бұрын

    If 5.2%-growth is killing, then -0.3% is dead.

  • @brotherbig4651

    @brotherbig4651

    9 күн бұрын

    You need to add a discount to the numbers China reported. Do you believe an economy with 5.2% growth rate having huge number of people escaping to other countries for economic opportunities?

  • @dreadfulbodyguard7288

    @dreadfulbodyguard7288

    8 күн бұрын

    @@brotherbig4651 Both are completely different things. People want to leave because west still has higher wages.

  • @brotherbig4651

    @brotherbig4651

    8 күн бұрын

    @@dreadfulbodyguard7288 The problem is most of them did not want to leave before. You never seen this huge number of Chinese crossing the border in the past.

  • @dreadfulbodyguard7288

    @dreadfulbodyguard7288

    8 күн бұрын

    ​@@brotherbig4651 Illegal migration is increased because now there are well established routes to enter US illegally from China. If you look at official data of high-skilled legal immegration, it has gone down significantly.

  • @brotherbig4651

    @brotherbig4651

    8 күн бұрын

    @@dreadfulbodyguard7288 The route has always been there. Nobody invented it. It didn’t draw that much attention because the Chinese didn’t need it. The high skills legal immigrants are up by a huge amount. Simply check how many joined the H1B visa lottery in the past two years, and how long it takes to get a green card if you were born in China.

  • @brianwalley2131
    @brianwalley2131Ай бұрын

    XJP grew up in Maoist China, and he looks back nostalgically on that period of authoritarian absolutist rule. He is not a pragmatist, he doesn't care about what has been proven to grow the economy, and he just wants to turn the PRC back to the kind of authoritarian country of his childhood, even if it didn't work then and isn't working now.

  • @zacksmith5963

    @zacksmith5963

    Ай бұрын

    1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood ofahard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hard landing risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landingin China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. KWR International: How to find a soft landing in China. 2004. The Economist: The great fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landingin China 2006. International Economy: Can China Achieve a Soft Landing? 2007.TIME:Is China's Economy Overheating? Can China avoid ahard landing? 2008. Forbes: Hard Landing In China? 2009 Fortune: China's hard landing China must find a way to recover. 2010. Nouriel Roubini: Hard landing coming in China. 2011. Business Insider: A Chinese 2012. American Interest: Dismal Economic News from China: A Hard Landing 2013 Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China. 201 5 Forbes: Congratulations, J You Got Yourself A Chinese Hard Landing 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going To Crash? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than Vou Think

  • @simonac688.
    @simonac688.Ай бұрын

    Your show is # 1 no dought 👍👍

  • @BengalTiger-di7gn
    @BengalTiger-di7gnАй бұрын

    What about our economy ????

  • @mengreat6982

    @mengreat6982

    Ай бұрын

    Shhh ........ Divert people attention

  • @RyanMWilliams

    @RyanMWilliams

    Ай бұрын

    Check out France 24 English for news on the German Economy

  • @alloutofbubblegum7271

    @alloutofbubblegum7271

    Ай бұрын

    Whataboutism.

  • @doujinflip

    @doujinflip

    Ай бұрын

    Then watch the German language version. This channel is foreign language for foreign focus.

  • @anubizz3

    @anubizz3

    Ай бұрын

    ​@@doujinflipthen that's a problem because other countries English channel also cover their own country problem.. Not only doom and gloom news about foreign countries.

  • @fofoqueiro5524
    @fofoqueiro5524Ай бұрын

    I don't think a well educated person would use the phrase of "killing" economics. There are ups and downs but none of any economics in the history has ever been killed.

  • @sokratesowly2256

    @sokratesowly2256

    Ай бұрын

    ya, "killing" is the word usually used by intention seeking youtube channel, quite cheap.

  • @LouiseChong-xk5xp

    @LouiseChong-xk5xp

    Ай бұрын

    The quality of medias nowadays. Easiest job today as they can make story without going local for interviews

  • @lolilollolilol7773

    @lolilollolilol7773

    Ай бұрын

    Sinophobic media bias.

  • @nsebast

    @nsebast

    Ай бұрын

    Western media: Genocide, killing, They think of the most sensationalist clickbait words to get you engaged.

  • @101lakeside4

    @101lakeside4

    Ай бұрын

    Incorrect. Japan entering the Second World War was due to economics. The fall of the Roman was due to economics. Can give you examples of dozens more if you wish.

  • @fahmad7194
    @fahmad7194Ай бұрын

    Any heads up on where the German economy is headed?

  • @akshaysood1667
    @akshaysood1667Ай бұрын

    Good one . Not sure how the Banking Sector doing in China given the indebted Propert sector

  • @socrates5647
    @socrates5647Ай бұрын

    DW the past: CCP control everything. DW today: CCP not able to control ppl's spending.

  • @weird-guy

    @weird-guy

    Ай бұрын

    People always find ways, cpc restrited gaming kids used parents id´s, great firewall just use a vpn, cpc doesnt want you to sell housing for undervalued just use gold bar as payment ect ect

  • @user-rj9ee7hw8u

    @user-rj9ee7hw8u

    Ай бұрын

    During the seventy years since its founding, China has trained engineers equivalent to the total population of Germany

  • @sidequestsally
    @sidequestsallyАй бұрын

    When you have a debt driven economy that focuses on the political vs the market, this is what inevitably happens. You can't fool the market. And the market is the ultimate voice of the people.

  • @MishkataPingvin

    @MishkataPingvin

    Ай бұрын

    Are you describing the US and Japan?

  • @tycobandit

    @tycobandit

    Ай бұрын

    @@MishkataPingvinhe’s describing liberty, that’s essentially what a free market is all about.

  • @goeleal1520

    @goeleal1520

    Ай бұрын

    By that logic I think they have been fooling the market pretty well in the last decades.

  • @sidequestsally

    @sidequestsally

    Ай бұрын

    @@goeleal1520 There's an end to all things, and China is at the end of its money printing rope. If you are unaware of its deficit and local debit issues, then you haven't been paying attention. But don't believe me, just wait a year or two and read this receipt.

  • @tycobandit

    @tycobandit

    19 күн бұрын

    @@goeleal1520 yeah, it’s called total government subsidization and cheap labor.

  • @user-rn6il1ub1u
    @user-rn6il1ub1uАй бұрын

    Excellent episode.

  • @thomassimmer5186
    @thomassimmer5186Ай бұрын

    Very nice job overall. A few significant omissions: Why no mention of simultaneous support of Russia's aggression against Ukraine with serious bullying its neighbors? Also, why not emphasize fear by businesses of losing all their assets similar to what happened in Russia? Finally, stability of the supply chain is a huge concern after the lockdowns in China made businesses invested in China suffer. Diversification of supply overcame lowest cost sourcing as the most important consideration. There are huge imbalances in China due to property, local government and banking problems and there is no free discussion so who will tell the emperor the truth so that these imbalances have a chance of correction.

  • @ubcphysicsyangbo
    @ubcphysicsyangboАй бұрын

    Increased authoritarism is always a bad sign, BUT on the flip side, lack of government regulatons can lead to what we have here in the West, where social media companies perhaps have become more influential than the governments themselves, in either subtle or obvious ways. The West (esp in America) is being dominated by these tech monopolies right now, and we are either blind to or completely ignoring it lol.

  • @13Liberty50
    @13Liberty50Ай бұрын

    allowing the enemy to control the means of production.

  • @ssss8162

    @ssss8162

    Ай бұрын

    Well the West have allowed the enemy to control the media..

  • @digits001
    @digits001Ай бұрын

    12:45 Granted a city state is easier to run than China but does Singapore fit the bill? They are authoritarian in many ways with successful long term growth.

  • @Smoothe932
    @Smoothe932Ай бұрын

    I enjoy watching / listening to your videos. I commute a couple of hours a day and will set up a playlist in the morning and listen to it throughout the day. When you have a foreign language speaker and just put subtitles under it, that part of the video is useless to me. I skip it. Sometimes I have time to catch it later in the evenings, but more generally, I just don't get to watch / listen to it. Dubbed over speech is a much better solution. Providing the actual foreign language does not make it more authentic. I have to trust your written translations. Please help.

  • @manimalworks7424
    @manimalworks7424Ай бұрын

    The Coming Collapse of China, edition 2024. Author: DW

  • @tedwong7037

    @tedwong7037

    Ай бұрын

    Season 24.

  • @yachiroube8694

    @yachiroube8694

    Ай бұрын

    attractive topic

  • @sandponics

    @sandponics

    Ай бұрын

    The original Chinese Empire lasted for 5000 years, the Roman Empire lasted for 2000 years, the British Empire Lasted for 300 years, the American Empire lasted for 100 years, the new Chinese Empire has so far lasted for about 30 years. Am I seeing a pattern here?

  • @obinnaezealah2465
    @obinnaezealah2465Ай бұрын

    Oh look, the "China is going to collapse" 2024 edition.

  • @silasdelobo4385
    @silasdelobo4385Ай бұрын

    Right…

  • @veo1960
    @veo1960Ай бұрын

    That's it! I'm hereby subscribe to Your channel. DW is the best regarding information on a global scale. Chapeaux!

  • @StandingWithUkraine
    @StandingWithUkraineАй бұрын

    Great, in-depth and informative journalism!

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    Bot

  • @monkeeseemonkeedoo3745

    @monkeeseemonkeedoo3745

    Ай бұрын

    @@jacksmith-mu3ee no u

  • @jacksmith-mu3ee

    @jacksmith-mu3ee

    Ай бұрын

    WASHINGTON (Reuters) - Two years into office, President Donald Trump authorised the Central Intelligence Agency to launch a clandestine campaign on Chinese social media aimed at turning public opinion in China against its government, according to former US officials with direct knowledge of the highly classified operation. Three former officials told Reuters that the CIA created a small team of operatives who used bogus internet identities to spread negative narratives about Xi Jinping’s government while leaking disparaging intelligence to overseas news outlets. The effort, which began in 2019, has not been previously reported.

  • @jlangenberg
    @jlangenbergАй бұрын

    China shouldn’t be expecting to sell EV’s in USA.

  • @f1racer908

    @f1racer908

    Ай бұрын

    lol, they'll be building them in Mexico, and selling it anyway, as made in Mexico

  • @jlangenberg

    @jlangenberg

    Ай бұрын

    @@f1racer908 Owner is Chinese and trade deals can be abridged

  • @DineshTwanabasu

    @DineshTwanabasu

    Ай бұрын

    @@jlangenberg US government is not allowing Americans to buy or use whatever goods they want, American business are not allowed to do business with whoever they want. So who is a dictator here?

  • @jlangenberg

    @jlangenberg

    Ай бұрын

    @@DineshTwanabasu when was the last time you bought cocaine? What time must you leave the bar? Government has become a controlling element but if are seriously comparing USA to CCP China I really think you need to spend some time in today’s Hong Kong

  • @DineshTwanabasu

    @DineshTwanabasu

    Ай бұрын

    @@jlangenberg Don't worry, world is changing and today over 140 Countries has China as the largest trading partner. World is enjoying Chinese goods. Its The US citizens that were not allowed to choose. Again who is dictating its people and companies what to do and not to.

  • @vettoorlijo
    @vettoorlijoАй бұрын

    22:25 please try not to use subtitle

  • @user-cs9by8jd6l
    @user-cs9by8jd6lАй бұрын

    The question I have is why the reporter is moving around on the balcony throughout the video?

  • @agentoxide
    @agentoxideАй бұрын

    22 min. of think tank market fundamentals and supply-side freaks talking about Chinese markets without any single voice or prospective from Beijing or Shanghai about their own economy. How is journalism?

  • @CautionBarrier

    @CautionBarrier

    Ай бұрын

    You should already know that Chinese nationals are not allowed to say the economy is doing poorly.

  • @tedwong7037

    @tedwong7037

    Ай бұрын

    where did you get that idea, BBC?@@CautionBarrier

  • @SelfProclaimedEmperor

    @SelfProclaimedEmperor

    Ай бұрын

    ​@@tedwong7037where jack ma?

  • @SelfProclaimedEmperor

    @SelfProclaimedEmperor

    Ай бұрын

    China always lies about it's economy, why as them. They exaggerated their economy 300%

  • @SelfProclaimedEmperor

    @SelfProclaimedEmperor

    Ай бұрын

    China always lies about it's economy, why as them. They exaggerated their economy 300%

  • @lolilollolilol7773
    @lolilollolilol777319 күн бұрын

    One month later, "Gross domestic product (GDP) grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate of 4.6% growth from a Reuters poll of economists. It also marked an acceleration from the 5.2% growth in the previous three months."' (CNN)

  • @chillxxx241

    @chillxxx241

    12 күн бұрын

    China’s GDP isn’t like that of the rest of the world. The rest of the world has analysis and freedom. China sets a goal and the people will lie, cheat, and steal to make that goal or face repercussions. Stop comparing authoritarian economies to free economies.

  • @marocziiko

    @marocziiko

    10 күн бұрын

    @@chillxxx241 If your economies are so free why are you putting so high tariffs on Chinese goods? also why is bliken and yellen going to china to beg them to stop sending stuff to russian? and to tone down the production of cars and goods because the west cant compete with there prices? and why those german industries have to shut down because they cant buy cheap russian gas where is this free economy you are talking about if the market is truly free like you deem it the west would be doomed because they cant compete get out of here man !!!

  • @PalleRasmussen
    @PalleRasmussenАй бұрын

    It is not just that; nothing is monocausal.

  • @danielodey7775
    @danielodey7775Ай бұрын

    The Soviet Union industrialied quickly, last century and living standards rose . However, by the end of the 70's there was little improvement , each year . This contributed to the rise of reformers like Gorbachev.

  • @guydreamr
    @guydreamrАй бұрын

    As the video itself says, one thing to bear in mind is that with the possible exception of the oil monarchies, no nondemocratic country has *ever* escaped the middle income trap.

  • @bubuneowoo6161

    @bubuneowoo6161

    Ай бұрын

    Another ignorant China collapse story. Western media is so pathetic!

  • @ylstorage7085

    @ylstorage7085

    Ай бұрын

    if they are number 2 already by not even reaching middle income trap yet, you really want a democratic China? You think a Democratic China will be less beligerent and competitive? China's per capita GDP is lower than Russia and Argentina right now. Yes, that Russia and that Argentina, right now.

  • @guydreamr

    @guydreamr

    Ай бұрын

    @@ylstorage7085 1. Yes. More democracy means a better world. 2. Yes. Democracies get in far fewer wars with each other than authoritarian powers do. Conclusion: A democratic China is far better for international relations than an authoritarian one.

  • @TheKkpop1

    @TheKkpop1

    Ай бұрын

    ​@@guydreamr China gdp per capita is more than 12k mark. Do you have any problem when monarchy, junta and democracy failed to work except communism in modern Chinese history? Democracy is a process, the end product is better income, healthcare, peace, prosperity, education and good living standard.

  • @guydreamr

    @guydreamr

    Ай бұрын

    @@TheKkpop1 Communism failed in China too, how did the Great Leap Forward and the Cultural Revolution work out? Such a failure, in fact, that it was abandoned by Deng in favor of a mixed economy, or "socialism with Chinese characteristics." China's current GDP per capita of 12K places it firmly in the middle income camp. And if history is any guide, unless it strikes oil, there it will remain until it chooses democracy.

  • @usahoangsatruongsa
    @usahoangsatruongsaАй бұрын

    Already forgot what Xi had done to Jack ma and his BABA company ?

  • @AJ-jx5gm

    @AJ-jx5gm

    Ай бұрын

    Add Tencent to the list. CCP has killed growth & wealth of big companies in China for many years in order to maintain a tight grip on power.

  • @josejaviertessariaguirre8295
    @josejaviertessariaguirre829518 күн бұрын

    Very good program. The importance of lidership to generate trust and hope with less control.

  • @satoshinakomoto4194
    @satoshinakomoto41942 күн бұрын

    LOOK AT THE QUALITY OF THEIR PRODUCTS!

  • @happymelon7129
    @happymelon7129Ай бұрын

    25-1-2024 German Chamber of Commerce in China: 91% of the companies surveyed have no intention of withdrawing; 46% expect Chinese companies to become industry leaders. The German Chamber of Commerce in China released the "2023/24 Business Confidence Survey Report" on January 24, stating that 5% of the surveyed companies believe that Chinese companies are already innovation leaders in their industries; 46% of the surveyed companies expect that Chinese companies Become an industry leader in the next five years. The report also shows that 91% of the companies surveyed have no plans to leave China, 78% of the companies expect that their industry will continue to grow in the next five years, and 54% of the companies plan to increase investment. The survey was conducted from September 5 to October 6, 2023. A total of 566 member companies of the German Chamber of Commerce in China accepted the survey. The German Chamber of Commerce in China currently has more than 2,100 member companies and is the official association of German companies in China.

  • @user-tf6mu6qf6e

    @user-tf6mu6qf6e

    Ай бұрын

    "in China". Reliable survey? 🤣🤣🤣🤣

  • @MSDGroup-ez6zk

    @MSDGroup-ez6zk

    Ай бұрын

    @@user-tf6mu6qf6e sure because this survey was made by the German Chamber of Commerce.

  • @mgronich948

    @mgronich948

    Ай бұрын

    @@user-tf6mu6qf6emakes you sad?

  • @ghostv6416

    @ghostv6416

    Ай бұрын

    they trust what they trust

  • @aintnohighenough

    @aintnohighenough

    Ай бұрын

    ​@@MSDGroup-ez6zk did it ever occur to you that they are getting the data from those who are in China? Did it ever occur to you that yes it comes from an independent agency but the interview took place in China? Anything that goes out from China passes through the CCP. For all we know they have so much control with data that it's impossible to ever get the real data from them.

  • @krisjustin3884
    @krisjustin3884Ай бұрын

    At the same time, house prices have escalated beyond affordability for many young families in the west and food prices have been alarmingly high! China’s railway and public transportation system also puts us to shame. I wouldn’t write them off at this stage.

  • @TuhunluunBionoid

    @TuhunluunBionoid

    Ай бұрын

    Only smart one here.

  • @krisjustin3884

    @krisjustin3884

    Ай бұрын

    @@TuhunluunBionoid Count yourself into the elite group of 2!

  • @denisdufresne5338
    @denisdufresne5338Ай бұрын

    Is a great depression (as occurred in the occidental world in the 30's) can happen in China? They are so many companies moving their money outside of China to build new factories outside of China, will not create a huge surplus of production capacity in China that will lead to a great depression at least in China?

  • @LouiseChong-xk5xp

    @LouiseChong-xk5xp

    Ай бұрын

    Mostly cloth and shoes companies move out china while china transforming to make cars, phone, and drones which the west had been dominating the market. U should worry the west lost market due to competitive more😂😂😂 but u can still think shoes and cloths are more profitable, no one can stop u

  • @denisdufresne5338

    @denisdufresne5338

    Ай бұрын

    @@LouiseChong-xk5xp It is not only clothing and shoes companies moving out of China, we also see hightech companies moving out. However I agree that some product sectors may be with a high production capacity may be a competitive problem to the occidental world. While that time, the China's economy is under a huge pression because the local consumption will not take over the slowing exportation production.

  • @sarcasmo57
    @sarcasmo57Ай бұрын

    Interesting times.

  • @Intelligencia
    @IntelligenciaАй бұрын

    China's new airplane - ah 85% of that plane and 100% of the tech that keeps that plane in the air is Western technology licensed from US and EU companies. I think they make the fuselage.

  • @k.k.c8670

    @k.k.c8670

    Ай бұрын

    Why do you need to lie so much? 60% of the plane is domestic which is higher than American components in a 737. And China is working hard to raise that 60% number.

  • @Masterrunescapeer

    @Masterrunescapeer

    Ай бұрын

    @@k.k.c8670 would like that source for non-American components in a 737, assuming you mean manufacturing and not design? And even then, near all of the modern 737 is manufactured in the US, with some interior stuff partially manufactured in the EU (often for customizations that European airlines request/require). Regarding the Chinese plane, 40% components, mostly the more complex ones, are imported (as reported by Chinese state media), and most of the rest of the suppliers are foreign backed / licensing western companies' tech. It's really not easy to build modern engines etc., a lot of patents exist already, and the tech is very mature, basically there are only a handful of countries that can build modern jet engines (US, Russia (who licenses their engine to China), France, UK, Sweden, Germany, and Italy). China already has some "basic" jet engine tech, having spent over a hundred billion dollars on R&D, and the J-20 will probably be the first with home grown engines, but I will bet that they break patents held by others and cannot be used in commercial airliners. EDIT: "In a 2020 analysis, CSIS estimated that approximately 90% of the C919’s main or large-scale component suppliers were from North America and Europe, with only 10% coming from China and other countries in Asia. Yusof cited a similar estimate. "

  • @j2h226

    @j2h226

    Ай бұрын

    @@k.k.c8670 Let's see you provide evidence that less than 60% of the 737 is made in America.

  • @Intelligencia

    @Intelligencia

    Ай бұрын

    Sorry, I mean 90%. "In a 2020 analysis, CSIS estimated that approximately 90% of the C919’s main or large-scale component suppliers were from North America and Europe, with only 10% coming from China and other countries in Asia. Yusof cited a similar estimate." Who's the liar now?@@k.k.c8670

  • @Intelligencia

    @Intelligencia

    Ай бұрын

    I doubt China will get much higher than what it currently has. Without the chips that it has been blocked from receiving, it won't be getting much higher. Aviation is an incredibly difficult business and the lead the foreign manufacturers have is so great, it's kind of a dumb pursuit. Who's going to buy a Chinese plane that's been in business for 10-20 years when they can go with companies that have been building planes and rockets for 100+ years? This was another one of Xi's dumb gambles. There are just some industries, like aviation and high-end chips that are almost impossible to get into at such a late date. Has Xi flown on the Chinese plane yet? I don't think so. It's also been grounded a few times, hasn't it?@@k.k.c8670

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