The disaster at Evergrande rattled the worldwide markets and triggered a collection of defaults inside China’s actual property sector. However, the hidden debt of native governments poses a a lot greater menace to the Chinese language financial system. Palki Sharma tells you extra about China’s $8 trillion debt time bomb.
#China #Debt #Gravitas
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Yup, China's $8T debt compared to its $15T GDP and a DEBT to GDP ratio of 53% is FAR WORSE than that of the US $29T debt compared to its $22T GDP and a DEBT to GDP ratio of 130% ! Who are you kidding ?
India is number one in the world, China is collapsing everyday
What about indian debt?
China massive debt is the private sector to govt banks. Since private sector data is not very easy to access, by design i suppose..all the world gets to see is the outside image, and while govt debt and image is kept clean. The US by contrast is typically the opposite. The BRI isn't going to make things easier either
Is this supposed to be the Indian version of Fox news?
What has happened to communist China is a ruling system without law and order.
The world has used the rule of law since Roman Administration which had been though in Universities around the globe.
The nation must be ruled by the middle class, not by poor evil barbaric communist China.
Background noise was distracting. If for me, doubtless for the host as well.
You need to learn to speak english before attempting to speak english
In these difficult times with such serious problems ATTACKS PITFALLS SATANIC DANGEROUS CONFIDENCE honest truth in God and the fulfillment of 10 divine law and obedience to the saint in the Bible are exempt supernatural PROTECTION mental PSYCHOLOGICAL mind bodily lives and everything in the most efficiently NECESSARY PSYCHOTHERAPY…..
When you trust china … they will cut your throat …
It happened to America that they milking since Jimmy carter era … with the help of insider of course … We called them traitor … I don't know what they call them back there in America …
This is brilliant. The skeletons are falling out of the cupboard – slowly but surely.
Why Evergrande still standing ?
Socialism doesn't work, kids.
Don’t buy anything Chinese if I can help it! Let’s go China! Down with the commies!
Sarcasm can be learnt here !
So good to listen to wion
8 trillions is lies lost is more at list 15 trillions not less than that
So Cjina is in dept! USA is in dept! EU is also in dept…. India, Africa, Asia….all countries/continents are in dept! … even my town and I as a private person ….
Humans cannot co exist 💀
Between this and that, u.s. debt
European collapse. It's becoming an attack on money in hand.
China has a real estate debt that is $77 trillion dollars 6 times their GDP.
The high-speed train, skyscrapers, 92 million empty apartments buildings, mega airport, and airlines.
All of these are white elephants projects that are bleeding China.
In addition, 3 gorges dam and those other dams. And, that $18 billion bridge and ridiculous highways.
Americas 26 trillion debt bubble
Guess what appetite for risk is all time high… I already got platinum, silver, and some Australian gold miners. Hopefully will be available to get my profits before whole financial system freeze 🥶
China would dig out stashed money from filthy rich. And pay debts and distribute surplus to needy poor Chinese. Xi is new avatar of Mao.
I'm not a mathmaticians and have a basic understanding of credit. But if China owes the U.S.A. Trillions for instance, and the U.S.A. owes China Trillions for instance. Don't they negated one another?
It's not rocket science but if I owe you ten bucks, and you owe me ten bucks. There shouldn't be an issue? How do we both still owe each other ten bucks?
Millions of innocent, defenceless and voiceless Uyghurs are in China's Uyghur Concentration mass murder camps, Organ Harvesting centres, forced slave labour camps, and test objects in Chinese laboratories. Humanity has lost.
Being an ethnic Uyghur is a big crime in Chinese army illegally invaded and Chinese army unlawfully occupied Uyghur East Turkestan.
Boycott Genocide Olympics in Beijing in 2022.
All Decent People Worldwide Must Stand up to stop China's Uyghur Genocide in Chinese army illegally invaded and Chinese army unlawfully occupied Uyghur East Turkestan.
Stop China's Uyghur Organ Harvesting industry.
Stop China's Uyghur Concentration mass murder camps.
Stop China's Uyghur Genocide.
Stop China's Tibetan Genocide.
Stop China's Manchurian Genocide.
Stop China's Southern Mongolian Genocide.
Stop China's Yellow Uyghur Genocide.
Stop China's Kazakh Aksay Genocide.
Stop China's dumping homeless, jobless and unwanted ethnic Han-Chinese from extremely poor Chinese villages in inland provinces of China to Chinese army illegally invaded and Chinese army unlawfully occupied Uyghur East Turkestan, Tibet, Southern Mongolia, Manchuria, Yellow Uyghur Gansu, Kazakh Aksay, Koknoor, Ningxia ..
Stop China's disinformation campaign Worldwide to cover up China's Uyghur Genocide, Tibetan Genocide, Manchurian Genocide, Southern Mongolian Genocide, Yellow Uyghur Genocide, Kazakh Aksay Genocide.
Boycott "Made in China ".
Boycott Genocide Olympics 2022 in Beijing.
China is not a nation.
China is a big prison of totally different 56 nations under Terrorist CCP CHI-NAZI.
Wake up
No other MSM outlets are reporting this!