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Home VIDEO NEWS FROM AROUND THE WORLD

Has China’s Economy Run Out Of Steam? | In Conversation | Fan Gang, Peking University

by 198 China News
August 11, 2021
in VIDEO NEWS FROM AROUND THE WORLD
1 min read
48
Has China’s Economy Run Out Of Steam? | In Conversation | Fan Gang, Peking University
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China’s economic system powered out of the pandemic daze final 12 months as the one huge economic system on this planet to not slide into recession. However might that dash quickly grind to a cease? The IMF and the Phrase Financial institution expects China’s financial progress to reasonable subsequent 12 months.

However a high Chinese language economist argues China will quickly see a brand new engine of financial progress. Economics Professor Fan Gang of Peking College, who was thrice-appointed to the influential Financial Coverage Committee of the Individuals’s Financial institution of China, argues a forgotten technology of wealthy oldies might energy the Chinese language economic system.

Additionally, the US-China commerce battle was already hurting the worldwide economic system when the pandemic hit. US-China tensions reached new heights beneath the Trump administration with a barrage of tit-for-tat tariffs protecting billions value of products. May the US-China relationship get well beneath the Biden administration?

And what does this all imply for the remainder of the world?

For extra In Dialog:

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Comments 48

  1. Last Chang says:
    2 years ago

    All indicators suggest China🇨🇳 is declining.
    – Trump's tariffs and Biden's sanctions are starting to bite.

    Reply
  2. Pub Comrad says:
    2 years ago

    Lies of century:
    – China is a growing power, USA is a declining power,
    – Taiwan is a province of China,
    – South China Sea belongs to China since ancient times,
    – the Wuhan virus was originated in Fort Detrick, USA,
    – Uyghurs are detained in concentration camps to avoid terrorism.

    Reply
  3. Olympic - 2022 says:
    2 years ago

    Athletes don't want their medals soaked in Uyghurs blood.
    – IOC must move the 2022 Winter Olympic Games out of China 🇨🇳.

    Reply
  4. Arabic Reja says:
    2 years ago

    "The CCP lies like they breathe",
    claimed US Senator Kennedy.

    Reply
  5. Huge Assets says:
    2 years ago

    The short answer is no, the long answer is Hell No.

    Reply
  6. Dongsheng Di says:
    2 years ago

    Local Govts are asking teachers' bonuses to be returned
    CHINA'S CHEATING STRATEGY
    According to 臧其超 Zang Qi Chao
    中国咨询式股权投融资专家
    A Chinese financial expert says Beijing copied its way to the world's front row. And now, it uses that leverage to get away with aggression toward the West.
    (It means China stole all the intellectual properties of the West)
    .
    CCP ~ Cut , Copy , Paste
    RRR ~ Rob Replicate Replace

    Reply
  7. Dongsheng Di says:
    2 years ago

    CCP's Evil strategy according to Jin Can Rong 金灿荣 ~ foreign affairs expert
    中国人民大学国际关系学院副院长。.
    "苛政比老虎还要区猛"
    5 "Evil Tricks" of the CCP.
    中共“国师”金灿荣自曝 “邪招” 称将美国管起来
    5 Strategic Plans of the CCP to control America:
    1. Control the U.S. elections.
    2. Deceive the U.S. on the South China Sea and win the strategic advantage of encircling Taiwan in the Western Pacific
    3. Actively create multiple enemies for the U.S., even in the U.S. backyard (causing racial hate and division among Americans). Make friends with U.S. enemies like North Korea, Iran, and Russia.
    4. Deeply infiltrate the U.S., thus making the U.S. internally confused and unable to watch out for China.
    5. Cultivate anti-American ideology and tactics in the next generation in China, so that the next generation can continue these strategies.

    Reply
  8. Dongsheng Di says:
    2 years ago

    China controls America through Wall Street. through Hollywood, through bribery. Money is King 👍
    According to 翟东升 ~ 中国人民大学国际关系学院副院长
    DI DONGSHENG ~ ASSOCIATE DEAN FOR INTERNATIONAL STUDIES AT RENMIN UNIVERSITY OF CHINA
    A Chinese professor recently revealed how the Chinese Communist Party used their connections or "good friends" in Wall Street to manipulate the United States, both politically and financially. Di Dongsheng, associate dean of the School of International Studies at the Renmin University of China in Beijing, gave a speech where he said that the reason why the CCP was able to "fool the United States" for more than two decades was because of its "old friends" on Wall Street-powerful elite who would lobby for the regime's interests in Washington. But all this came to a halt when Trump became president in 2016.

    Reply
  9. Tonc pop says:
    2 years ago

    What is cNA motive of commenting this topic, are cNA being part of western media. Just want to comment the negativity of China. Then is better for singapore to divert all investments away in China. Singapore then should invest all in western countries as you supportive them.

    Reply
  10. Yong Dexin says:
    2 years ago

    Geez…Lin Xueling has nothing to report for CNA.

    Reply
  11. Yong Dexin says:
    2 years ago

    I forgot to mention….it looks like something coming out from one of Gordon Chang's headlines.

    Reply
  12. Zoho says:
    2 years ago

    There many people compare India Economy with Chinese eco. which is 5X.

    fact is .
    China made by USA and westrn countries . on the other hand India faced many sanction like Iran And North korea till 2001 . also many goes till 2007 . So don't compare India Economy with China . INDIAN ECONOMY MADE BY ONLY INDIANS .uSA AND WEST didn't invested in India . Like they did in China. Still they say they support democracy.

    yes,Last 5-10 years they start investing in India .but still 1/3 of china

    Reply
  13. john lim says:
    2 years ago

    get those european american pple f*&& off from china, and there will be much lesser copycats thatway, u want to come to china to exploit cheap, still have the cheek to complain chinese copycat u, then dun f^&king come, get lost from china , go and invest in your ally india, japan, …….keep on coming to china for what? get lost! . stop exploiting china, go set up your business in your ally countries and exploit them instead, they are your allies, they shld welcome u more! china will be weaker in economy as result but we can live with that! in a nutshell, get lost from china!

    Reply
  14. Cristina Ximera says:
    2 years ago

    Other major economies such as Germany have been happy about 3% growth. Why is 7.9% "running out of steam"?

    Reply
  15. Ruben Andal says:
    2 years ago

    With the world gradually decoupling from China and investments drying up, true China's economy will soon slow down. This is due to trust issues.

    Reply
  16. One Shot One Kill says:
    2 years ago

    yes yes it is collapsing any time now.

    Reply
  17. Michael Goh says:
    2 years ago

    Great interview

    Reply
  18. Mxl says:
    2 years ago

    I find CNA is trying to be like western media. Framing China in unfavourable light without critical knowledge or perspectives. Compare to many other countries in the west, China is doing way much better ecomically. Focusing on China "slowdown" is a total waste of time.

    Reply
  19. jaysper says:
    2 years ago

    China's economy has about 20 years before it crashes and burns due to demographics and the housing fuelled debt crisis.

    Reply
  20. philip low says:
    2 years ago

    Just wait for factual result. You have no job but predicting unknown results so as to get paid.

    Reply
  21. Andy .P says:
    2 years ago

    Borrow money for investment not borrow money for consumption = property bubble. Since when do retired people consume more once they have retired? maybe the rich… Yes Japan is a good example… but it got rich before it got old.

    Reply
  22. C Kong says:
    2 years ago

    If China run out of steam, the rest of the world is even more out of steam

    Reply
  23. sleep ya says:
    2 years ago

    China has collapsed more than 40 times in the mouths of Western experts

    Reply
  24. Kon Sen says:
    2 years ago

    Yes, communist china will fall due to Xi Jin ping moving backward to evil Mao Zedong era.

    But this time round , communist china rise will not be easy like in the past as most free world is decoupling from the hated lawlesd communist CCP regime.

    Who the held want to buy low quality china products ?

    Same time who would want to sell high technology to communist china for CCP regime PLA aggression usage.

    This guy is talking nonsense , boring and lies as usual 😪😪😪

    Reply
  25. Robin Ong says:
    2 years ago

    The world economy will get slower, whether we like it or not. Like Prof Fan clearly asserted, what's the point of stimulating the market when there aren't any market to take in the excesses due to lockdown everywhere. Unless your business is in the essential goods or services like vaccines or PPE, the bigger you are, the harder you fall in post Covid. Those who have this mindset that a business need to keep growing to survive, move on into a new paradigm. What you think you know don't hold water anymore. What thrive today may not see the easy street a few years down the road.

    Reply
  26. Michael Yao says:
    2 years ago

    Every year, China collapses. Every year, that dam collapses. Get used to it.

    Reply
  27. Jacob Mcmann says:
    2 years ago

    China keeps running thier mouth's threatening other world leader…running out of steam least of thier worries…if i was them i would worry about running out of time.

    Reply
  28. Jeremy T says:
    2 years ago

    Actually good interview lol. Good questions and insightful answers. The prof didn't seem too comfortable answering in English though.

    Reply
  29. Lord Lee says:
    2 years ago

    Didn’t China just post a record growth number, some really crazily good number? While the rest of the world are still trying to climb out of the hole? Stop using this kind of titles just to lure ppl in

    Reply
  30. Matty Wanders says:
    2 years ago

    China is on the verge of collapse. Crushing debt, a demographic problem, shoddy infrastructure, creating a pandemic, the Yuan isn't a global currency and, they don't have a global military. China's ambitions to surpass the USA will never happen. Nice people and a beautiful country though.

    Reply
  31. Singing Machine says:
    2 years ago

    中国经济其实几十年了也就那个屌样,全靠同行衬托

    Reply
  32. Michel Carloz says:
    2 years ago

    Lin Xueling thought she is smart by crafting a catchy headline to frame this interview. The title of this conversation is so far stretch that it is not even close to the truth. She is attempting too hard trying to be a CNN-wanabe. Can't believe she is the executive producer. Maybe a topic for the executive at CNA to ponder over – Has Lin Xueling's editorial acuity run out of steam?

    Reply
  33. Adi S.G says:
    2 years ago

    Never underestimate China. And their 5 years program is set and gotta be run. This is irrelevant

    Reply
  34. T H says:
    2 years ago

    Why do many Asian countries that don't trust or respect China

    Reply
  35. Wilson says:
    2 years ago

    What is this gloomy tone and music about? Would you report Singapore the same way? CNA is just as disgusting as BBC.

    Reply
  36. DT4896 says:
    2 years ago

    Present proof and evidence of your statement or being called a liar to get attention!

    Reply
  37. Ben Yeung says:
    2 years ago

    China’s manufacturing industry is definitely not slowing down because its counterparts like Vietnam and India are facing lockdowns.

    Reply
  38. Seow Ling Wee says:
    2 years ago

    The whole world's economy has run out of steam, not only China!!
    For heaven's sake!!

    Reply
  39. Hotchi says:
    2 years ago

    This CNA channel is sponsered by China govt to fool the west by providing the fake news. Well done, CNA.

    Reply
  40. hon liong says:
    2 years ago

    A good buddy of mine by the name Gordon Chang has predicted the fall of China in the near future. He even wrote a book about that. Some unkind people dismissed him his predictions. I think the naysayers are very wrong because American TV channels such as FoxNews frequently featured him as a "think tank". If Americans think he is good, then I have no reason to doubt Gordon.

    Reply
  41. Myr Jay says:
    2 years ago

    CNA, why not do a show on " is US economy collapsing ? ". Guess you got no guts to do so. There goes your impartiality. Your channel is going down the drain just like other western media channel. Congrats !!!

    Reply
  42. Andy Wong says:
    2 years ago

    In the Indian channel, Gravitas, I learn a new phrase, China haters. Is it in Singapore too? From your headline, I can only think CCP is not as smart as Western educated capitalists. But….

    Reply
  43. Ashish Ladsaria says:
    2 years ago

    Make things takes time & money. Steal technology results rapid growth & savings. Difficult to digest since its long-time of being habituated of stealing techs.

    Reply
  44. Johnny Q says:
    2 years ago

    Yes yes we get it, China collapsing again.

    Reply
  45. Will B Nee says:
    2 years ago

    He's wanting to steal technology from the USA but couches it as an equal exchange for cheaply made in China products. BS!

    Reply
  46. D M says:
    2 years ago

    Great interview! Very unbiased and independent from the Chinese political propaganda (Thou Youtube comments are very biased and blind for reality). Love to hear interviews given by the Chinese economists educated in the USA. Chinese growth and prosperity depend on exports to the USA and the EU as 70% of the Chinese are still in the low-income and low consumption stage. Political tensions with these two economic powers won't help the Chinese economy to keep growing.

    Reply
  47. Mighty Americana says:
    2 years ago

    China is a nation of contradictions. Many of its state industries are virtually bankrupt; its banking system sits on a mountain of unrecognized bad debts; its agriculture is primitive; pollution is out of control; and government interference and corruption are killing off a number of new business ventures. In addition, chinas demographic collapse is coming soon.

    Reply
  48. Mighty Americana says:
    2 years ago

    Wait until chinas demographic collapse in a few years. The ccp will have to lie even more about its GDP.

    Reply

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