China’s Third Plenum: A Plan for Renewed Reform?

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  • เผยแพร่เมื่อ 11 ก.ย. 2024
  • Join CSIS for a discussion of one of the most anticipated meetings in China in recent years. Observers are looking to see whether China’s leadership will announce steps to effectively address a wide range of economic challenges, including slowing growth, a struggling real estate market, an ageing population, rising debt, and growing frictions with trading partners. CSIS China experts Jude Blanchette (Freeman Chair), Bonny Lin (China Power Project) and Scott Kennedy (Trustee Chair in Chinese Business and Economics) will be joined by Daniel H. Rosen (Rhodium Group) and Lingling Wei (Wall Street Journal). Together they will break down the politics of the meeting, developments in economic policy, and the implications for Chinese foreign policy and relations with the rest of the world.
    This event is made possible through general support to CSIS.
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ความคิดเห็น • 63

  • @johnwhoo6194
    @johnwhoo6194 หลายเดือนก่อน +5

    Don't you worry about Chinese economy, worry more about your own problems.

  • @angelodgreat6561
    @angelodgreat6561 หลายเดือนก่อน +31

    The financial crisis is primarily the fault of the Federal Reserve, which gains indirectly from bank failures, bank-owned real estate, and even more affordable cars. Production cannot be printed, but printing credit is acceptable as long as it is printed. Is that right or wrong?

    • @FreemanJameZ
      @FreemanJameZ หลายเดือนก่อน

      Although reducing the rate from 7% to 6% won't benefit anyone, they are free to do so now that it's too late. And consider any recession-fed cuts followed shortly after a market meltdown. If they are pricing in a September rate reduction, a crash by January is likely.

    • @OscarOwenn
      @OscarOwenn หลายเดือนก่อน

      Completely concur. The Fed's strategies backfired miserably. The usage of an endless paper printer by the government has harmed the lives of millions of people. At times like this, advisors ideally help you learn how to grow your money.

    • @angelodgreat6561
      @angelodgreat6561 หลายเดือนก่อน

      I firmly believe that learning from a seasoned legal counsel is invaluable. My portfolio was swinging like a seesaw before I sought guidance from a certified expert in the midst of the rona outbreak in early 2023. Even with inflation, I've been able to raise my assets to almost 200,000 dolls as of right now with more investments.

    • @OscarOwenn
      @OscarOwenn หลายเดือนก่อน

      Best wishes! I have a demanding job and don't have time for investment analysis. I'm worried that my five-figure retirement savings may depreciate; would you think about implementing a similar strategy?

    • @CoreyLloydo
      @CoreyLloydo หลายเดือนก่อน

      You'll be safe if you invest on food and utilities, bro.

  • @waynegore5291
    @waynegore5291 หลายเดือนก่อน +6

    No. A plan for forever collapsing.
    LOL.

  • @velisvideos6208
    @velisvideos6208 หลายเดือนก่อน +5

    The CCP needs 17700 words to describe the achievements of the 3rd plenum? They are reaching new heights of mind-numbing pomposity. And this after having the plenum one year late. Says something about the fix they are in with the economic seizure.

    • @JY88168
      @JY88168 หลายเดือนก่อน

      U must be a genius

  • @amunra5330
    @amunra5330 หลายเดือนก่อน +17

    Winners keep winning. Losers always talk about winners.

    • @Antiwumao
      @Antiwumao หลายเดือนก่อน

      Who is the winner in your mind

    • @tongwu4667
      @tongwu4667 หลายเดือนก่อน

      the us Chinese experts are 100% confused: they discussed how bad the Chinese economy is a week before,but yellen told the Chinese counterpart that the US is worrying about the Chinese over production a week later... maybe that is why the US leaders always blamed they were cheated by the CCP... Are u sure the US leaders were not confused by their Chinese experts?

  • @noneone3310
    @noneone3310 หลายเดือนก่อน +13

    4:00 ok, according to this guest, he and his colleagues are trying to diagnose the "quality" of CPC's "diagnosis" about china's economy
    so, a chaotic failing warmongering state, tries to present itself as if it can teach a successful and peaceful country how to run its economy
    quality content.

    • @aggressivecalm
      @aggressivecalm หลายเดือนก่อน

      Not wanting to "reduce" your "imaginativeness", but you do appreciate, "understand" what grass is? Perhaps go and find some, and then touch it. Please.

  • @SSYlist
    @SSYlist หลายเดือนก่อน +2

    Sadly i agree with what i hear so far

  • @aggressivecalm
    @aggressivecalm หลายเดือนก่อน

    Fundamental conclusions, and consideration ladies, and gentlemen. The music has indeed stopped regarding the Chinese economy; yet the term too big to fail does seem to have some import here.

  • @ABC2007YT
    @ABC2007YT หลายเดือนก่อน +2

    Incredible insight! Thanks all.

    • @silverbird425
      @silverbird425 หลายเดือนก่อน

      Under the new rules no one can speak the truth about the economy as it would be called unsettling the State.If you can’t even say what’s wrong there’s no policy

  • @JonathanHerz
    @JonathanHerz 5 วันที่ผ่านมา

    CSIS: a plan for renewed JMAF?

  • @williamviggiano2365
    @williamviggiano2365 หลายเดือนก่อน

    I like Bonnie and Ling Ling

  • @kalipotmeng
    @kalipotmeng หลายเดือนก่อน +13

    Dan has no idea about the Chinese economic model. Mr. Kennedy is better. Mr. Blanchette talks too long as usual. The two ladies also have no idea. What's so difficult to understand that what the market brings is not what the CCP wants. What brought the deindustrialization to the US? Yes, the market. These experts have questionable IQ.

    • @user-st3im5ge7f
      @user-st3im5ge7f หลายเดือนก่อน

      Two ladies are not White women, they want keep their jobs, can’t say anything really.

    • @kammantom
      @kammantom หลายเดือนก่อน +2

      It’s the Western choirs trying to make sense of Chinese operas.😂😂😂

    • @Cosmicdust2511
      @Cosmicdust2511 หลายเดือนก่อน +1

      The disturbing part is that the first guest is saying the Chinese government doesn’t know how the economy works. I don’t know where he got the confidence to think he knew better.

  • @Jadichoo
    @Jadichoo หลายเดือนก่อน +9

    The funny thing about communist China is that they are always doing reforms. If China is doing so great, why are they always trying to change and reform? If one truly understands communism, reform is an inherent part of its system. There had never been a method of doing things correctly from day1. Everything is an experiment. Mao already tried so many experiments and every single one failed, one reform after another. It wasn’t until Deng that he decided that he had enough of communism that he reformed to use market economy (opposite of communism) and that helped put China forward to its prosperity. However communism was still part of its governing system that eventually broke the country to its economic knees. Without dropping communism, China will continue to linger on its knees. That’s the elephant in the room that no one wants to talk about.

    • @igolfer
      @igolfer หลายเดือนก่อน

      It simply shows how ignorant you are about China. You have no idea what China looked like 150 years ago, you have no idea what it looked like 70 years, or 40 years ago or 20 years ago. And I’m sure you have never experienced the bullet train across China today, and Chinese don’t carry cash or checks or credit cards - they only need a smart phone. I’m sorry how poorly educated you are and how narrow minded you are.

    • @paulmatters2641
      @paulmatters2641 หลายเดือนก่อน +11

      A market is not opposite of socialism. Read Xue Muqiao 'Chinas Socialist Economy'. Better still just read. Your ideological bias is obsolete.

    • @Jadichoo
      @Jadichoo หลายเดือนก่อน

      @@paulmatters2641 there's no bias. China is fond of twisting words to fit their agenda. Marxism is all about a state planned economy, nothing to do with market economy. All the reforms they are always selling is about control and eventually a state controlled economy. Reverting back to its communism.

    • @pengchen2144
      @pengchen2144 หลายเดือนก่อน +4

      According to Max's philosophy, there is no absolutely perfect thing. You can always improve it. This is the theoretical basis for the CCP's reforms. At least, it is their claim.

    • @igolfer
      @igolfer หลายเดือนก่อน

      @@Jadichoo It simply shows how ignorant you are about China. You have no idea what China looked like 150 years ago, you have no idea what it looked like 70 years, or 40 years ago or 20 years ago. And I’m sure you have never experienced the bullet train across China today, and Chinese don’t carry cash or checks or credit cards anymore - they only need a smart phone. China is today leading in green technology, EV, in manufacturing and construction. China is changing every day. Of course, government policies and strategies need to change. That’s why they are reforming all the time so that they can move forward all the time. I am sorry how poorly educated you are and how narrow minded you are.

  • @michaelsomething7674
    @michaelsomething7674 หลายเดือนก่อน +4

    Overall, the reforms are just increasing what they are doing. They see the problems but did not mention how to address it. So it's not transparent. Historically, ccp is very efficient and tenchnocrat. If the past is an indicator of it success, China economy should be fine. Likewise, if the past is indicator of china's stock market, then it's pretty much a zombie.

  • @shigai9727
    @shigai9727 หลายเดือนก่อน

    The host is awesome but the speakers… ugh!

  • @SSYlist
    @SSYlist หลายเดือนก่อน +3

    A lot has been said but one things dont change, overcapacity is a loser term used by Janet Yellen on behalf of poor US decision due to greed. Literally cr@9 lol thought i wouldnt hear it again & this id!0+ brought it up

  • @SSYlist
    @SSYlist หลายเดือนก่อน

    This guy a joker lol in a good way hahaha

  • @Lishanmao
    @Lishanmao หลายเดือนก่อน +4

    你在家里布置中国水墨画不等于你是中国问题专家😂