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China has modified so much over latest many years. Since Deng Xiaoping started the opening-up course of in 1978, China has skilled the most important financial take-off in historical past and a significant opening-up course of. Nevertheless, regardless of this, there are various myths and misconceptions that we consider when speaking concerning the Chinese language financial system. On this new video made in collaboration with Worth College, we inform you the three nice myths surrounding the financial system of the Asian large.
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I kept checking if I'm watching at 2.0x speed.
China will collapse in the next few decades. These authoritarian, communist governments all have a shelf life. It took the USSR about 80 years to collapse.
Every time communism was tried in a country, it failed, miserably, and created an insane bloodthirsty dictatorship that tortured, gulaged, killed, stole from and starved its own people.
Awsome content dude 👌 👏
yellow teeth match nicely with youtube emblem on the wall
Why speeding up the jaws to 11? Calm down man, and start talking instead of streaming
Propaganda. Demographics alone doom China. The Real Estate and Infrastructure bubbles are enormous. Corruption is rampant. Local governments are dependent on selling land to generate revenue, but they can’t do that anymore.
the economy is heavily dependent on the west, especially the US.
Thanks
China is a failing state with a collapsing demography. I don’t see them holding out for much longer. Actually, it’s mathematically impossible for them to fix their population issue. Also, Xi has created a cult of personality so he now has very little knowledge of what’s going on in the country for real because everyone is afraid to bring him bad news.
China as a state won’t exist in this form in the next 10 years. Listen to Peter Zeihan’s take on it. It’s fascinating.
Cant stop looking at this blokes teeth
Jeez, these spambots!!
We have NO business doing business with this corrupt mafia regime.
Could you talk a bit slower? The vids are very interesting, but the pace make it difficult for me (hard of hearing) to hear more than 75% of your words. It's really stressful, too. Thanking you in advance.
How on earth do you manage to speak so quickly? Sugar? Amphetamine?
You should title this video "Lies about the China." You are obviously in the pocket of the CCP propaganda outreach. These arguments are poorly supported and I would counter them if I had the time. For ex, your claim that China is self-supporting and only relies on exports for a small fraction of its economy is laughable. Why is China so vigorously buying up its own stocks, manipulating its currency and stealing intellectual property of products it doesn't sell internally? China is desperate for foreign cash infusions to prop up its deranged debt economy which would collapse without the export driven sector. Not to mention why is China buying out Western influencers like yourself to spread lies about its story and intents?
The third myth is exactly what i always think about when i see videos mentioning China vs USA. I mean dude China is still developing nation and has to feed more than a billion ppl unlike USA, which matured in centuries through slave labour, human rights voilations, erasing black neighborhoods, looting foreign wealth and well a lot more factors which we won't mention here. China is doing much better in that department and still progressing, which i would say is an achievement.
You don't talk about Corruption
Excellent report !
Does it really matter who is number one and who is number two? Does it really matter who is rising and who is declining? Does it matter who is richer and who is less richer? I do know that the chinese people are happier because there are no homeless, no graffitti, the streets are clean, there are no mass shootings, no guns, extremely low crime, low health cost, great food and no political infighting which causes stagnation.
CCP china was enabled to have an economic boom due to foreign capital inflows.
The investments are to a large extent, are unproductive invstment.
There is a large outflow of the wealthiest people.
There will never be another China and it is in decline.
Corruption, deception and not so secret atrocities characterise the CCP along with execution vans and a zero tolerance of any sort of multiculturalism.
CCP China is a regime that powerfully resists real change and in that way they condemn themselves to the dustbin.
I smell fear .
The biggest myth is that China ever really "opened up". They have honored none of their commitments to play by the rules of international trade or maritime law, and by law require any company operating in China to do whatever the party tells them or risk confiscation, replacement of management or worse. This has been applied to both domestic and foreign companies, strong arming them to get what they want or to silence opposition. The fact that Jack Ma wasn't even immune from this is ample proof that China is a closed, xenophobic mafia oligarchy/dictatorship little different from North Korea. They actively terrorize people within and without, whether ethnic and religious minorities inside China or international Chinese and others they can manipulate with threats to relatives and friends remaining in China. They do not honor contracts, and see a signed contract as a starting point for future negotiations, not a commitment. Han Chinese elite in the party are intensely Han supremacist, having lived for generations in the midst of cradle to grave party programming propaganda. I'm sorry, but idiot content creators who "play nice" on China to not get demonetized or banned are tacitly helping to perpetuate the CCP's Potemkin image. This has got to end before their Ponzi scheme economy drags the whole world down with it, if this isn't already inevitable after the Wuhan plandemic and global zerp-COVID insanity supply chain crisis
Pensions and go…
Types of bullying:
44 percent said they were called names.
43 percent said they were teased.
36 percent said a bully spread rumors or lies about them.
32 percent said they were pushed or shoved.
29 percent said they were hit, slapped, or kicked.
29 percent said they were left out.
27 percent said they were threatened.
27 percent said a bully stole their belongings.
24 percent said a bully made sexual comments or gestures.
10 percent said they were bullied online.
I hope the communist sh*t state goes bankrupt
China should rule the world .
Nothing in my life has ever impressed me as the might and size of the city of Chongqing, a city I didn't even heard about before going, that country is in another league as far as scale.
if china has GDP per capita of USA, thats the end of world.
Annoying jumpy video, and speaking too fast.
The last fact of this video is completely off-topic. You do not compare two economies by looking at the individual wealth (or if you do so, you can also say that Luxembourg outpaces the US economically). China population is indeed less wealthy than American one, but on a global scale, China does rivals the United States economically because macro-economically, the inflow of capita going through China and US are comparable and have comparable influence.
China is now taking manufacturing to South Africa as the salaries in China have gone up too high.
The biggest lie chyna tells is that tianemen protests didn't happen.
China still have a long way to go to reach first world countries. Maybe another 150-300 years projection theoretically if there’re no wars, sanctions, natural disasters, political disturbance etc. But looking at how things are going, the peacock might loose his feathers