Chinese Fixed Asset Investment to ASEAN booms, more than twice US, Japan, and Korea combined
ฝัง
- เผยแพร่เมื่อ 11 พ.ค. 2024
- China's outbound Foreign Direct Investment is in transition, from a focus on major logistics investments (ports, railroads, highways) to fixed asset investments (factories, income-producing assets).
This shift is evident in the ASEAN countries of Southeast Asia, with large projects coming online in Thailand, Malaysia, Indonesia, Vietnam, and Laos, with more planned for 2H of 2024.
Resources and links:
Bloomberg, Chinese Firms Are Investing Abroad at Fastest Pace in Eight Years
www.bloomberg.com/news/articl...
ASEAN overtakes China for manufacturing FDI
www.fdiintelligence.com/conte...
Chart, Overall engagement with BRI countries rose 24% in 2023
China Belt and Road Initiative Investment Report 2023 - วิทยาศาสตร์และเทคโนโลยี
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I am a Malaysian.
We are neutral and we love all monies, investments, tourism from EVERYONE.
We don’t like anyone to promote war.
If USA promote war….we won’t like it .
If USA promote peace and prosperity….we love it.
We love China as they promote peace and prosperity.
Yuuuuuuup
Agree ❤
Agreed. Simple and clear.
As a fellow Malaysian. 100% agree to your comment.
👍👍👍👍👍👍👍👍👍👍👍👍👍🥰
African version - When American officials visit us, they landed at the airport built by the Chinese, travel on the highway built by the Chinese to stay in the hotel built by the Chinese. The next day they had a meeting with us in a conference hall built by the Chinese. And at the meeting they tell us not to co-operate with the Chinese.
Meanwhile US lectures on perversions and “free speech” (ie online filth)
That's a good one 😁
They probably told you... They would have built all that for you.... Eventually in the future
raymondtay . . Ohhhh , what a shame 😮
❤😂😂
In fact, the United States is not interested in its own domestic infrastructure. How can they be interested in the infrastructure of ASEAN?
Biden's 7.5 billion and 7 EV charging stations😅
Hit the bull's eye!
@@nizicike759 Where did the money go?
@@junizhao Israel and Ukraine
@@nizicike759 those 7 EV charging stations have been stripped down by thugs do they can recycle the copper
"When the Chinese come they want to talk about trade, when the Americans come they want to talk about China" *China, you are winning the popularity contest*
Americans are very concerned about the relations between other countries and China, even if the US does not belong to any party.
But the USA has control of the media narrative for the most part so they can sell in their version of the story. "Debt trap", "South China Sea aggression" etc
You are so right. I am from ASEAN and i can confirm that. Even the common people know US is all about talk and no action.
Printing money is simpler and easier than any infrastructure.
Oh yeah they have actions alright, printing money and going to wars! They are quite busy actually!
US actions, action conflict and war.
Worse than "all talk and no action", many of us in ASEAN see the US as actively stirring wars and discord everywhere around the world.
I'm 3rd generation Chinese ASEAN. I support my motherland. I will never betray my home, ASEAN. This may be a contradiction in d western mind, but not in eastern thinking.
It has nothing to do about being Chinese.
China trades with every skin colour/ religion/ language.
As long you are a human being and want to do long term trade, China will do business.
If China is a manipulative country like what USA have been doing for more than a century, than we wont do business with China.
Talk is cheap, and that is all US policy is about. China is offering tangible things, like infrastructure, factories, and things that can improve peoples lives. Talk and lecturing to other countries why we should be number one based on nothing.
26 billion is not a lot of money comparing to the 61 billion dollars going into Ukraine, Isarel and Taiwan. I am just thinking, if the American use that 61 billion wisely, their people in America would have a much better life.
All money from the US gone to their own MIC.
wether that is a lot of money depends on where it's spent, for example, that $61 billion went into defence contactors, to make expensive weapons and make a profit. just an air defence missle made by US always costs above $1 million. expensive military equipment for very little value in the war. however, when u look at that $26 billion, it's being spent in cheaper countriers, cheaper to build factories, hire workers and cheaper to operate these projects overall and the $26B can be very valuable and beneficial. instead of $61 billion just going to 3-4 weapons making companies that will take that money and give u very little value for it
the empire is not a charity organization. you probably aren't aware the empire auctioned off Ukrainian revenue-generating assets during Porky's reign. Ukraine appointed an IMF official of Ukrainian descent as Finance Minister. Ukrainian gold was flown out at night.
Ukraine will see very little of $61B. you will be the last to know how much it actually gets.
61 billion printed on toilet paper.
@@enceladus4900yes correct. But do you think which is better for the people. 1 billion dollar of weapon or 1 billion dollar of infrastructure.
I can't wait to see when the dollar becomes less important than it is today. As long as the dollar remains the single reserve currency, their ego won't come down.
The US will go to war against China if that were to happen, the US won’t go down quietly. The US cannot afford to lose reserve status as those dollars will come roosting back home and will cause domestic inflation to skyrocket.
Amerika dan banyak negara budaknya (G7) sekarang hanya berjualan Janji untuk Investasi , memberi bantuan ke berbagai negara tapi sedikit sekali di penuhi. Hanya kebohongan yang mereka bicarakan. Dan itu saya saksikan perbuatan mereka terhadap negara saya.
Bagi mereka bicara dengan kentut itu sama 😂😂
Kayak iklan apa itu jaman dahulu. Amerika : Kami memberi janji, bukan bukti 😅
Amerika dan banyan negara budaknya (G7)! Bagi meerkat bicarbonate dengan kentut itu sama😝😝😝💩💩💩
Go Fnatic!!
Philippines suka sangat dgn kentut America.😂
For the longest time, the US looked at most of the ASEAN countries as sex tourism destinations. This has skewed investments into hotels, resorts, bars, and brothels. Obviously, you won't get a lot of development going there.
China's approach has been much more in line with its general prosperity mantra. How do we get the people to a level of income such that they become productive workers, as well as consumers? Infrastructure development naturally follows.
sex tourism destinations.......? That is an understatement of DirtCheap sex tourism destinations.
Great channel - thanks
Historically, the West doesn't invest much in overseas infrastructure building or industrial.
They just want to get cheap parts or materials from others to supply themselves.
But the situation has changed.
Belt and road opened up the door for countries to be better off from upgrading and producing the finished product themselves.
No Phillipines...so good to hear that. Do not help unfriendly country!
philipines got their master help , their master will help them build all infrastructur and army. ......... ah sorry only in dream
Filipina girls in those go go bars are happy when American soldiers come
Philippines is the thorn in ASEAN side.
The filipino people were slaughtered in the early 1900’s by American colonialism. Ofcourse they’re a puppet state.
Good. We don't give a f*ck about China a belligerent country that does not obey international law!
The profound relations between China and ASEAN countries can be traced back to more than 2,000 years ago. The memory is very complicated and can be summarized as follows: the people are as close as brothers, caring is the mainstream; and the rulers are as close as father and sons, with love and hate alternating. This is why when China just opened its doors, people from ASEAN countries poured into China with money, opened companies, factories, and conducted various commercial activities, not only for profit, but also for a very noble purpose, which was to help Chinese people. Improve their economic level. Now that China is getting richer and richer, the Chinese people are repaying back those with whom they they see as relatives, and to continue the cycle, that is helping each other and sharing the future.
: the pple from Asean countries poured into China with money....., " these pple were overseas chinese particularly from Msia , Singapore and indonesia
As an asean
Philippines is a dog of usa
Lmao
'overcapacity' on mutually beneficial investments.
When China comes they want to about trades. When US comes they want to talk about war.
... And also 'regime' change! 😅
BRAVO FOR YOUR DAILY DOSE OF TRUTH BREW AS MY BEST COFFEE''
US and China both produce huge income but spent it in different way.
US income is hugely dependent on stealing via the petrodollars as the reserve currency. It's not sustainable.
In 2023, two way trade between ASEAN and China amounted to US$911.7 billion, making China and ASEAN each other's largest trading partners for four consecutive years. Growth in many ASEAN countries is dependent on Chinese economy.
ASEAN boleh!!!
without having a military presence like the usa, china always runs the risk of losing its investments to a change within a given
country. this is now happening in peru as the usa seeks to disrupt the operation of peru's new port.
They turn away and they turn back. That is “Democracy” for you. (The U.S. like “Democracy” in other countries because they can manipulate the outcome).
Time is long and China is patient.
Soon u will see how Chinese military all round the world
That's OK. Because the whole world are watching the outcome.
@@qwqw-hj1lo From China's history. It's impossible.
From a business oriented people, it is simply seen as "The cost of doing business". In other words sometimes you win, sometimes you lose, but you don't stop trying.
The choice is clearer that ASEAN need development and growth; not bullied n damaged by war in Japanese WW2 and continuing provocation n conflict preventing progresses. China is for growth, peace n development; including infrastructure buildings.
China and Asean, there is market and there is skilled labour....
The new proxy kid on the block. Philippines BongBonglengsky, after the out of favor Clownlengsky and Tsailengsky.😅😂❤
The pinoy Amboy is going to be the pariah in ASEAN sooner than later.
Let the Philippines out from ASEAN and join their master's club instead, they're no longer neutral, the only toxic country in the region nowadays
ASEAN Might ask Marcos Jr. to leave or be suspended if he is too keen to have war with China.
@@ZakaiusProxy my ass ASEAN is being the dog of China here! China a belligerent country that does not follow international law! 🇵🇭🇺🇲
just realize the voice at the end of each vid is a prayer. God bless you, Kevin.
So very accurate, concise and factual. It is opening window to the future on what China can be in future too. I love this person for his perspective 👍👍👍
Thanks Kevin, that's my impression.. China talks trade & development.. U.S. talks tension & defense..
Don't forget.. 'regime change' is US hottest topic! 😅
Most of the political leaders in China have multiple degrees including: Engineering and MBA (from top ranking universities), they are more Capitalistic than the West capitalist! These Chinese leaders also have real life experience in the business world and grassroots community work experiences (eg farming). Even some of the high ranking military officers have aforementioned multiple university degrees.
Unlike the West, most of them are lawyers, some of them barely passed their bar exams. And we all know what skill sets lawyers possess.
The skill of bribing … sorry I meant “lobbying “😜
some US senators don't even know Singapore is a country where TikTok CEO is born.
Imagine if this single report were played before Congress. It likely will not be. They can not handle it as the scripted move character said famously.
Kevin, any wonderful set of information what continues to flesh out the picture for us all! Thank you.
I’m worried about the future of US. Not sure why the tax money simply spending overseas for war.
Good Work, Keep it coming.....👏👏👏👏👏👏
The rapid expansion of China’s factory investments in ASEAN countries is very likely driven by the four motivations (market, resources, tariffs, vertical integration);
1st … capturing ASEAN country markets such as cars in Thailand using locally produced products. (including imports, Chinese owned local factories, joint venture factories, junior partner or hidden linkage to local domestic businesses). Note, China exports of key components/subsystems will feed the supply chains of these factories.
2nd … China’s factories need the import of natural resources from ASEAN countries like ore, metal, hydrocarbons, lumber, agriculture. Now that the rail link between from China extends through Laos, I expect Chinese investments to create coffee plantations that will turn Laos into a major coffee exporter (just like Vietnam but the soil and climate are even more ideal for growing coffee & thinly populated Laos has lots of land waiting to be used)
3rd …. Tariffs and sanctions targeting China force Chinese companies to bypass these obstructions. Investment in factories outside China is the work-around. It also allows most of the product’s components/subsystems to bypass restrictions by assembling them into the final product in ASEAN countries. It also creates opportunities to obtain sanctioned products. For example Huawei could set up a factory in Vietnam that imports nearly complete computers from China, then installs the forbidden processors in Vietnam. To make it look more palatable to western politicians, a western company could on surface appearance own & manage the factory in Vietnam.
4th… China values the complete supply chain; from raw material in the ground to finished product. China also values the complete business chain including the supply chain, the transportation chain, and the market. Look at where the money goes between product leaving the factory to consumers paying for the product. Chinese companies see Apple getting 90% of the profit for 10% of the labor and see an opportunity. Companies start with domestic foreign joint ventures making GM and VW very rich for over a decade. then established their own products for the domestic Chinese market. Now Chinese companies are leveraging their domestic product capabilities to displace foreign competition everywhere in the world. This includes establishing distributers with local marketing and sales and product support. Vertical integration includes more than production of the product. It includes from factory to consumer sale transaction and this requires footprints in the local markets (not just investment in ASEAN factories but also investment in retail business like car dealerships).
I recall the US wanted to fund some railway in India to compete with BRI….what’s going on with that now?
It's only for media consumption. America is psychologically broke and confuse.
US cannot even build their own railway in their own country. Look at the so-called California high speed rail!
Kinda in shambles, as the US route was supposed to go through Israel. LOL
Maybe the US actually wanted India to fund the HSR in Washington DC. 😂😂😂
Thanks Kevin
Thanx
"keen interest and geopolitics don't get factories built. they don't get mines opened. money does. capital does that. and we don't have any money. and the Chinese do" - great line!
Astonishing. Truly astonishing. Go China!
The sins from Iraq , Afghanistan speaks of itself. USA should focus on the responsibilities it has been given by its father Israel rather than competing with China
Another gem form Kevin!
Well said.
true...TALK IS CHEAP AND NO RESULTS ...$ is more effective...in fact it is REALISTIC,
danke danke
China has trade surpluses each year. So it has money to invest in other countries especially ASEAN where economy is progressing and there are plenty of cheap labour.
The flow is in motion. Possibly in a more tangible way.
The Chinese philosophy is to prosper together.
26 Billion is not even half of 61 Billion US approved for Ukraine!
That 61 billion doesn't go to Ukraine. It'll go to Military industrial complex and they'll supply weapons to Ukraine.
The difference is, the military aid will be used to buy weapons made by the MIC in the US!
The USA is 34trillion in debt and can't even repay on the interests on it.
taking over the world.wow
If the US / Britain or any other European country (rather than China) had been selected to build Jakarta-Bandung High Speed rail service, the fund would have run out first whilst not having a single service running yet.😂🤣. Indonesians should learn a rather simple Chinese phrase like : 中国万岁！ rather than keep glorifying declining has beens like US and its G7 gangs.😊
As an small business man I would like ro have a partner as Eurasia, unfortunately in the place were i am writing there there is not such opportunity but I will keep searching for it. Does anyone know were and how to contact that skillful people?
please remove the soundtrack from the backrgound. you have a video in your timeline that runs in the background.
be good
When China comes they want to talk about trade win win with both traders. When America comes they want to talk about division, blackmailing warmongering, installing war weapons, setting up a death debt money trap, and obey the orders of American pariah paranoia. Or there will be hell to pay.
America;- We came, we grab and we burnt it all down. China;- We came, we build and everybody get a piece of the pie.
People all over the world need to come together to create a new financial system that brings abundance to each and everyone of us We all know that violence creates violence and should demand all government to stop any wars. Mother Earth has immeasurable wealth and a global council needs to distribute that wealth to All
Kevin, the currency from net export does not belong to the government. It's the effective tax rate of taxable income that the government owns. Moreover, the corporates who own the net export will need to convert the currency to renminbi for working capital, investments, etc. Although the government certainly has access to the deposits of the net export because banks only have to satisfy the required reserve ratio, the PBOC will need 3 months of Chinese net export surplus to preserve the currency band.
All exports settled in USD must go through the Central Bank for clearing. The Central Bank belongs to the government which then covert the USD into RMB for the exporters. So the Chinese government has lots of USD.
@@michaelloong964When a company such as BYD sells cars to Europe, the revenue goes to BYD's bank account (cleared by their bank account not PBOC). BYD will in turn pay taxes, which is the money that the Chinese government gets to keep. The entire portion is not taken by the PBOC; otherwise, how would BYD, in this example, pay their employees and buy more cost of goods to make more cars.
ASEAN is the largest trade partner for China, and China is the largest trade partner for ASEAN. ASEAN is going to see rapid development and growth if they partner with China, and it's becoming really obvious as we look at development in Laos, Thailand and Vietnam. It'll be amusing to see how much the Filipinos get from the Americans.
10 days of trades - WOW! Where are the other 355 days 🤣🤣🤣🤣🤣
So? More sanctions?
The money is DEFINITELY not going to Philippines...this is what we know..
Bong Bong thinks he can still get his parents' assets from USA. But he can't get back what is no longer there. 😂😂😂
I believe investments are going to the Philippines as well, despite it being an extremely unfriendly country. China and hk combined invested much more than the usa. Kevin did talk about it. Just do a search. China is able to overlook political differences and see economic benefits for both countries.
@@woodworking406 Philippines dropped Chinese funding themselves.. Lol..
They want to go back to village lifestyles
@@woodworking406 Philippines drop Chinese funding themselves.. They want to go back to village living..
@@woodworking406 @woodworking406 Philippines drop Chinese funding themselves.. They want to go back to village living..
For commonwealth and peace of the. world against...
When a tall and big ytmen talks, Asians are mesmerised ... it has worked ... so do more. Unfortunately for ytmen, there is a China now .... not as tall and big but can mesmerise better with cold hard cash.
famous one is deft trap
An invention by Ameri.......
The most famous one is Sri Lank...
10% of that country debt came from the IMF
China portion is also 10%.
Please explain why China is deft trap, but not the IMF?
Those who can do those who can’t talk 😊
India is following in America's footsteps. 😂😂😂
What's the deal with the constant background bible verses?
Wamsley Hypnosis to brainwash people to convert to ... 😊😊
Seems he forgot to mention Taiwan
LoL. What? Taiwan isn't in ASEAN not to mention the fact that it bans any and all investment from China.
Taiwan is not asean
Taiwan is part of China .
The United States likes to talk about China, which is understandable. Lol!
❤👍👍👍👍👍🙏🔥👏❤
Japan (a.k.a America) stopped the BRI in Vietnam... now Vietnam has returned to BRI because nothing was happening. 😊
Marcos stopped the BRI thanks to Japan (a.k a America)
Ahahaha hahaha
US: desperate acts of a dying empire.
No worry guys, the Filipinos can always rely on US for investments! 😊😊👍👏👏
Don’t fool yourself as we all know that the Philippines is a puppet vassal state of the United States and will do what is told by its Master.
Yeah, in brothel industry and fast food franchise.
@@couthelloworld He's being sarcastic.
@@gelinrefira 🤣🤣🤣👍👍👍👏👏
Investment in military bases, bars, & brothels.
When the 3rd world countries reject the Chinese economic c proposal they return with another proposal. When the American come with a proposal and get rejected.. they come back with a regime change 😅😢😂
1:08 "These FDI trends are largely politically driven" ..we already knew "ALL" americans is doing that coz any companies from usa will contribute direct/indirectly to MILITARY.....but it's also sentiments when we in Asia Major EurAsia (Slavic not whoite europe...eeeeh) ASEAN & GlobalSouth noticed most of the comment in any chanel from americans that any products from China is low quality (but actually some part are coming from ASEAN & China is the final assembly point) coz of low prices (???) & WHINNING/COMPLAINING but in the same time still need any products from "ALL OF US"...😠....only Ni Hao
, PRIVET & Salam from Malaysia
Dude - are you a subliminal preacher, what is the carppy talking in the background - I enjoy your content - but you need to be clear what you are playing in the background
6
The United States National Debt increases by US$1,000,000,000,000.00 ($1Tn) EVERY 100 DAYS. That means that the United States borrows US$10,000,000,000.00 ($10Bn) EVERY SINGLE DAY!!!
👍👍🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️👏👏‼️
没有想到有生之年能见到美国战忽局
US basically comes into any country to build army bases and relationship with their gals. Ask the thai and pinoys
1st
Jump off the page😮😮
All your video you say there is trade surplus and China government make 2b per day, is this tax from the profits made by companies? Also China government expenditures are double digit trillion yuan, this far exceed any profit (if any) from taxing. The China government like others are still needing to borrow.
this is not tax. it is the trade surplus.
We invest in the Philippines 🇵🇭🌴🥥🥑🦞🏝️🐊🐒🐍🦂
Investment in US military bases. Philippines can now enjoy all the crime and environmental damage they bring...🤣
West has fallen