Janet Yellen Lectures China: Balancing Between Free Markets and Strategic Concerns

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  • เผยแพร่เมื่อ 13 เม.ย. 2024
  • The dynamics of global economics have been increasingly characterised by geopolitical tensions, trade wars, and debates over the principles of free market economies. A focal point of these discussions has been the reaction of prominent economic leaders to China's growing influence on the global stage. One notable example is Janet Yellen, the U.S. Treasury Secretary, who was in China last week, whose comments, and policy stances towards China have sparked a mix of concern, debate, and analysis among economists, policymakers, and the public. According to the U.S. Treasury Secretary, China’s manufacturing is too successful, especially with Electric Vehicles, and risks killing manufacturing in the U.S. and other Western countries.
    For more on money, corporate finance and other economic and financial insights, including publications from the International Monetary Fund, Bank for International Settlements, the World Bank, the US Federal Reserve, The People's Bank of China, The Bank of Japan, The Bank of England, The European Central Bank, Banco de Espana, Banque de France, etc., please visit our website: sandstormwt.com. You will also find other information about our full offering, including online or virtual courses.
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ความคิดเห็น • 32

  • @eliso5973
    @eliso5973 13 วันที่ผ่านมา +11

    China ignored Yellen right the way, and Xi met Lavrov instead.

    • @mikeseconomicaffairs
      @mikeseconomicaffairs  13 วันที่ผ่านมา +2

      Indeed! Thank you for your comment

    • @willengel2458
      @willengel2458 11 วันที่ผ่านมา

      there is no reason for China to say no when a foreign official ask for a visit. is there? don't forget China won't even answer the phone when US called not long ago and they voiced it through SCMP.
      the last campaign was "de-risking" launched by puppet Von der Liar. it's Yellen's turn to launch "Overcapacity."

  • @chongkt6469
    @chongkt6469 13 วันที่ผ่านมา +11

    No, it's about operating on a Rule Based Order ie. US rules😂

  • @mikeseconomicaffairs
    @mikeseconomicaffairs  14 วันที่ผ่านมา +2

    The relationship between the U.S. and China serves as a case study in the complexities of balancing free market ideals with realpolitik. Economic statecraft becomes a tool through which nations pursue their strategic interests under the guise of economic policy. This can include measures like export controls, sanctions, and the use of international financial institutions to influence global economic policies. The challenge lies in doing so without undermining the principles of free trade and the benefits it brings to the global economy. This dichotomy presents a challenge for global economic governance, requiring a nuanced understanding of how free markets can coexist with diverse economic models. It also raises questions about the adaptability of international trade rules and the World Trade Organisation's capacity to mediate these complexities.

  • @garfield2742
    @garfield2742 11 วันที่ผ่านมา +5

    Chinese use fair price for their products, so 3rd countries can buy it, the price is equal exchange.
    Its ruined the neo imperialistic trade.
    Let 3rd countries in Asia, Africa rise ! So each of us strong enough to required the fair and equal trade

  • @wenyu637
    @wenyu637 13 วันที่ผ่านมา +2

    Please appear more for your valuable information with very clear guide.. ❤❤❤❤ Thanks.

  • @asiaone999
    @asiaone999 13 วันที่ผ่านมา +9

    lectures China on economy... hahahaha

  • @euroe12
    @euroe12 13 วันที่ผ่านมา +3

    China looks at manufacturing differently than the West. They need employment more than profit and can deal with over capacity.
    China needs western $$$ to keep its economy going because internal consumption is lagging badly.

    • @mikeseconomicaffairs
      @mikeseconomicaffairs  13 วันที่ผ่านมา +3

      Thank you for your comment. There are, of course, the basic questions: What does Janet Yellen really mean by "over-capacity?" And from whose perspective? And don't overlook the statecraft aspect of the whole issue.

    • @pisablavatsky-cb3dd
      @pisablavatsky-cb3dd 7 วันที่ผ่านมา

      china have vast internal market. so no problem unless nezi west parrot try to manipulate their narrative to align with nezi west narrative

  • @qake2021
    @qake2021 13 วันที่ผ่านมา +4

    👍👍👍🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️‼️👏👏‼️

    • @mikeseconomicaffairs
      @mikeseconomicaffairs  13 วันที่ผ่านมา +2

      Thank you for your comment. I see you BRICS!

  • @syedmaricar9946
    @syedmaricar9946 13 วันที่ผ่านมา +3

    It's all pride and prejudice. Foolish in this world we have to live with all the bullshit in this today's world go on living the way we like .

  • @sc-to4uf
    @sc-to4uf 13 วันที่ผ่านมา +2

    *What the heck is that all about?*

  • @thomasrogers9146
    @thomasrogers9146 11 วันที่ผ่านมา +1

    CHINA DOES NOT NEED THE WESTERN MARKETS FOR THIS STAGE OF ITS ECONOMIC DEVELOPMENT. CHINA HAS 18 TRILLION DOLLARS IN DOMESTIC SAVINGS 1 TRILLION A YEAR IN TRADE SURPLUS. THIS WHOLE IDEA THAT CHINESE DOMESTIC CONSUMPTION IS ONE OF THE DUMBEST ECONOMIC THEORIES EVER. THE CHINESE ARE SAVERS. THE CHINESE ARE MORE THAN WILLING TO HAVE LOW GDP NUMBERS IF THAT MEANS THEY ARE RICH IN CASH AND FONANCIAL PEACE OF MIND..BASICALLY THE WESTERN ARGUMENT IS TO HAVE MASSIVE GOVERNMENT AND CONSUMER DEBT IS GREAT AS LONG AS GDP NUMBERS LOOK GREAT. THIS IS CRAZY.

  • @pisablavatsky-cb3dd
    @pisablavatsky-cb3dd 7 วันที่ผ่านมา +1

    nezi west is really getting desparate

  • @63saruman
    @63saruman 12 วันที่ผ่านมา +1

    Rumors say that the Chinese are still laughing at Yellen.