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- เผยแพร่เมื่อ 29 มิ.ย. 2024
- China's Economy Sinks Further, Slips into Deflation | Vantage with Palki Sharma
China's economy has slipped into deflation. Consumer demand has decreased and production is set to sink. Amidst all this, Chinese officials are refusing to attend meetings. They are afraid of Xi Jinping's wrath. How will China's economic chaos impact the rest of the world? Palki Sharma tells you.
Chinese Economy | Deflation | Xi Jinping | Global Trade | Firstpost | World News | Vantage | Palki Sharma
#china #chineseeconomy #deflation #xijinping #globaltrade #export #palkisharma #firstpost #vantageonfirstpost #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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One major factor was left out is that we are seeing global inflation. I saw it in the news that most countries are all competing for parts , products food etc. Even nations that managed their rates better are seeing major issues. The glut of money was an issue sure, but the surging demand from nation that re-opened from covid lockdowns played a larger role. Add to this pandemic-related staffing issues and the intentional global oil supply problems and its a nightmare. I known the intention was to explain inflation but that doesn't do justice to the current inflation on a global scale.
People are really working hard and there is little or nothing to show for it. everybody is basically working to sort out one bill or the other no savings.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
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Nothing to worry. China will not become another India for sure.
China can't stop them 🇨🇳🇯🇲👍 keep dreaming palki you won't see them fall
She doesn't have to dream.. we are doing it 😜
China's economy is already DEAD.
Your government is aware of the issue and depth. They are rolling out new measures. But you think otherwise. Great. !!! Keep your confidence ..
@@Sinner85😁 Over 500 n still dreaming 🤤🤣😂
China's economy has been growing so well that it has already grown to 4 times in India.
Indians can only envy. 😅😅😅This indian network blindly follows the Western talking points instead of working towards the economic prosperity of Indians like the Chinese did for themselves.
Rather than bashing China, indians should look for ways to work and to learn from the Chinese. Indians are too far behind the Chinese.
Moreover, Indians are not helping themselves to solicit the support of China to help India to be in the permanent seat of the United Nation. If India failed to be recognized in the permanent seat again and again, Indians have themselves to be blamed. 😅😅😅😂
mmmh it's more like India economy is sinking...
The wonderful thing about Palki is that she explains the technical terms used in her report. And therefore if you’re someone who has no clue it’s still easy enough to follow!
She’s easy on the eyes too, especially when she dresses Hindi
China's evonomy has been growing so well that it has already grown to 4 times of India.
Indians can only envy. 😅😅😅This indian network blindly follows the Western talking points instead of working towards the economic prosperity of Indians like the Chinese did for themselves.
Rather than bashing China, indians should look for ways to work and to learn from the Chinese. Indians are too far behind the Chinese.
Moreover, Indians are not helping themselves to solicit the support of China to help India to be in the permanent seat of the United Nation. If India failed to be recognized in the permanent seat again and again, Indians have themselves to be blamed. 😅😅😅😂
@indiancretinvirusesterrori3918Her homework is copy and paste Western media.
@ahjotco906 Chinese economy is 5 X not 4 X that of India
@@nmew6926 Yes Yes. Chinese mainlanders follow Islam as religion. Agreed. CCP real GDP: 9 trillion dollar/ India 3.8 trillion dollar is roughly 2.5x...
Chinese mainlanders will always have different calculation 🤭😂😂😂😂😂😂😂
It's seem India having the green eyes with it neighbours.
Palki ya news is always about china and USA, enough of that. Tell us Abt Indian and their trains.
China just completed their own space Station something even usa hasn't accomplished yet. 😂😂😂
American economy tanked too but no one’s talking about that either
We Chinese are suffering from Deflation, which is the opposite of inflation, Food to electronic goods is so cheap and i have too much money in my bank account, i am also getting fat 😢 i hope this doesn't happen in starving India ...
So rejoice, why're your leaders in a panic mood ?!
You guys are just begging for another century of humiliation 😂 and you're gonna get it eventually
Palki is amazing. I'm an ABCD and appreciate your news commentary. You have opened my eyes to truth. also you're really pretty lol. But I truly appreciate the commentary.
Finally a good news!
Best news
India best achievements so far
India's Hunger index
2013: 63rd rank
2022: 107th rank
India's Happiness index.
2013: 111th rank
2022: 136th rank
India's press freedom rank
2013:79th
2022: 150the the fourth pillar of worlds largest
democracy is no more
India's unemployment rate
2013:4.9%
2023:7.5%
Unemployment rate never increase in growing
economy.. india is growing only on paper and by
loan
India's Debt
before 2014: ₹55 lakh crore
2023: ₹155 lakh crore
India's GDP from 2004 to 2014:
$709 billion to 2.04 trilion (almost triple)
India's GDP from 2014to 2024:
$2.04 trillion to 3.6 trilion (expected)...not even
double
She reported this exact same thing yesterday. Lame news station.
There is "Deflation" and Deflation. There are different kinds of "Deflation". One is where the people have become poor because of their government's misgovernance and the lack of social support system such as Japan that has suffered 40 years of Deflation. Another is a high-saving population that immediately cuts expenditures at the slightest concern over global economic developments, which is China. "Deflation" in China is a good reminder that the sun doesn't shine every day. A dose of hardship brings about reality. But the sun will soon shine brightly again and the Chinese population will be ready.
This is a vicious cycle where people spend less and people lose jobs as factories get closed, still people spend less as they don't have money after losing jobs. There is no comeback. China is doomed. This is both domestic and international phenomenon and unfortunately Chinese economy is very much vulnerable to international events as China is dependent on exports.
That is what they are having you believe - that the Chinese are saving money … n this cause deflation … because no one will ever know the cause of China deflation as all news are state controlled..
China to fall is a joke, they will get better with time.
China bravo.. 🎉🎉🎉.. Worthless verbally, China will be strong in all. Message to you 😂
Negative😂😅talk about India 🇮🇳 ware all the high teach companies are leaving India 🇮🇳 to go back 🇨🇳 china still Beat&teach and teaching India 🇮🇳 with they corruptions
Year 2000
China GDP: USD1, 211 Trillion
World GDP: USD 33,84 Trillion
China share of world gdp: 3,57%
3,57% is exactly what India share of global gdp in 2023
India is 23 years behind China.
Soon china will be there too
Palki taught me about India and Pakistan such that I now know them like I read history books
Palki shawarma
Finally The Goddess Palki Sharma is awakens to spoon feed Indians morning Breakfast in passions .
Every misfortune they got suffer is like music to my ears
Yeah I agree😊
So much for what God wanted to here from you, karma is a bit*h….
@@manojkumarsinha8744 agreed . That's why india always loses to china
@@jacksmith-mu3ee No offense or anything but I seriously didn't catch your tone aka what are you saying?? Can you please be a little more expressive. Sorry
Why. How come UK colonies India for 2 hundreds years why why why.
Cry cry cry
India is too corrupt, no corporations , can do business in good faith : as corruption is KING in India 🇮🇳. Peace and love brothers and sisters, of good faith 😃👏😂❤️🇷🇺👍🤝🙏😇💪🌎🇨🇳.
All countries have a corruption kid remember that.
Do you know Russia is more corrupt than India
This is why the world must be careful because countries are afraid to failing end wars can answers a lot.
Good news but instead of defaming China all the time, why not speak honestly about the burning of Christian churches in manipur, and religious mob killings in india? Surely this is more prevalent and significant than cussing down China ehich is still far more powerful than India
So true...what a shame.
Current China would never attack India 😂
Still with the whataboutism
The answer is: Inflation is good for those who took on a loan on assets because its cheap to repay as inflation also inflates their income. (eventualy)
Inflation is not good for those who have savings as purchase power has decreased.
On contrary, deflation is good for people who have saving as power to purchase is higher, where those who took on the loan is bad as it be harder to repay the loan as their profits are lower through deflation.
Inflation is also not good for those who have to oay trillions of dollars of internal debt in China.
No one forces beauty contestants to participate. The contestants are excited and happy to participate. This 'report' is heavy-handed slanting. Too bad if your staff don't like beauty contest. Just report the news straight- leave your opinions out of news stories.
I’m waiting for made in China 2025😂
Since when deflation is bad? Things getting cheaper is bad? As usual, just assuming it's bad. 😂😂😂😂😂
This Palki's story is targeting people who hate China to feed their ego, but it has nothing to do with reality. The question is how that fallen CPI of 0,3% will affect China's economy in Q3 and Q4, and what will be CPI in Q3 and Q4, will it continuing to fall or it will rise, then from that point we will have the whole picture of China's economy for the year 2023. Since we don't know that yet, everything else is guessing.
The falling inflation was mainly cost by drop in property prices, or so call burst of Property Bubble.
I don‘t see it as a bad thing, at least not to consumers.
Every country in the world were hit by inflation, they will thank their GOD if the is a deflation.😂
@@merrick6484 The story is inflated with the purpose of entertainment rather than making actual news. I was thinking the same, the whole world is suffering from the consequences of high inflation, and in China you got totally opposite.
You know Palki without China she is practically impotent.
There’s no guessing what Q3 and Q4 GDP growth for China will be. China’s economy is on course to a deep descent, and there’s no stopping it from doing so. It’s only a matter of a couple of years when a coup will happen removing the CCP.
May be you don't know that there is a big issue. But your government know that there are big issues on their way. They have already started rolling out new measures. If you still think that there is no issue, well go and sleep well..
This Palki is a joke 😅
Ccp 🐕 crying in comments 😂😂😂😂
Chinese Watermelon Economy
Question if they have deflation why they can't give and finish the house of the people who lost their money with evergrand? Its it own people? There suffering.
Reliable news to keep alert during this last time.
Bot
That's one long string of coincidence. Wonder what Thailand thinks about it.
Funny how Palki is making the whole "Beauty Contest" about men and politics.
Wework should quickly pivot by converting those empty office spaces into residential accomodations.
This lady never talks about poverty and poor infrastructure in India... falling bridges and derailing old trains
Yea still better than the floods of china LOL
Guess they just ignored it...look what happen in North East Manipur.
@@ChandanMishra-ql1bi China will indeed experience natural disasters, and any other country will have natural disasters! Just like Japan and South Korea now, they have also been hit by typhoons!
However, the bridges in China have not collapsed, the trains in China have not collided, and there are no girls in China who have been stripped off for street walks!
Its hilarious how envious India is of China. All of the Indian news always talks about China this China that. China is actually doing great and instead of trying to bring it down, India should try to be better as well
Dynamic Deflation.
You seem very happy. No China no India
Deflation is good news for the wrong reasons. It makes the rich poorer and the poor are able to acquire essentials for less money. That is an intolerable situation, which will soon be put to an end.
Empty offices BUILDINGS in the USA SHOUD BE COVERTED TO LIVING SPACES THAT IS NEEDED BADLY.
China's economy 19 Trillion.
India's Economy 3 Trillion.
China is also by far richest the country in the world.
If India say that China is not doing good. I can't imagine how horrific it is in India.
Economist from McDonald's 😂
He is a 1 cent chinese bot army, don't bother with it.@@Harshit-yy1oe
Chinas economy is sinking, so it has to be worse for India ! - You dont seem very bright !!
@@goodmorning192 It's the truth but. IMF numbers. China's economy 19.91 Trillion. India 3.73 Trillion. Also Palki Sharma famously said it herself "China is now the richest country in the world, it has overtaken the United States, China's net worth is now 120 trillion, 30 trillion more than the United States"
She's just obsessed with China 🇨🇳
Only in Indian eyes.
Check global news
You won't believe it, that's fine
@@ChandanMishra-ql1biIndia best achievements so far
India's Hunger index
2013: 63rd rank
2022: 107th rank
India's Happiness index.
2013: 111th rank
2022: 136th rank
India's press freedom rank
2013:79th
2022: 150the the fourth pillar of worlds largest
democracy is no more
India's unemployment rate
2013:4.9%
2023:7.5%
Unemployment rate never increase in growing
economy.. india is growing only on paper and by
loan
India's Debt
before 2014: ₹55 lakh crore
2023: ₹155 lakh crore
India's GDP from 2004 to 2014:
$709 billion to 2.04 trilion (almost triple)
India's GDP from 2014to 2024:
$2.04 trillion to 3.6 trilion (expected)...not even
double
Less worry about China's economy... figures can be deceiving...China is always self sufficient whether its economy is at its worst in 25 years low...bear in mind China has advance tech to breed fish and farming in GOBI desert...
Due the Ukraine war, the Energy and Agriculture sectors push up their cost of production, and make ordinary citizens suffer.
And its because of the run away inflation in US, highest in 40 years, the US Fed started their crazy interest hike which make US citizens getting poorer and poorer.
If they can slow down their infltion, they will thank GOD. Even India was hit by Food inflation in Onion, Tomato and Potatos, isn‘t it?
If China not only maintain inflation, but actually turn it into a Deflation, Chinese Government is doing a great service to its citizens.
The deflation caused in China was mainly the burst of property bubbles. Now, every one can rent cheap accommodation, cheaper shops to rent, and cheap food to buy.
How nice, what a wonderful world, isn‘t it? where everything is getting cheaper by day.
If a country buys a BILLION from another country. How will they get their money back. Only 1 currency will work, lets say China's Yuan backed by GOLD, and all BRICS countries deposit their gold with China as their guarantees for all purchases. BLESSINGS.
Great news for a change
Great news
Usa under china debt. 😂
Best news. Hawaii bbq
@@jacksmith-mu3ee Great News your not getting paid back, your going back to rice farming 🇨🇳ENJOY !!!!
@@lance8080 great news . Usa bbq . Only this time bbq is made in usa 😆
@@lance8080 cry more. 200 bbq
How? China is getting rich out of Africa! How could it not be cheaper if you are getting the product for little ship to China and the exporting to the weatern world!
This is what happens when companies leave because of unfair practices toward companies, and international companies leave for India and other Asian countries.
🤣🤣🤣
😆🤣🤣😂😂
You’re dead wrong… China is no longer poor. India is still struggling….
@@drakeplus2858 yea that's what CCP wants you to believe
@@drakeplus2858don’t think so India is rising and China is collapsing like it’s building, roads, tunnels, even now floods everywhere and everything is collapsing 😂😅
Consumer price fell are not equal to economic stagnation, Higher productivity, and higher efficiency could also be the cause, as China does.
U.S. economy is next.
Good news because things just cost too much right now.
How would they know if there buying Russia an Iran oil out side of the dollar 💵 system 🤔
I see lots of chinese bots perticularly in this channel...what is these media news outlet doing to tackle such bots because most people in comment section falls for such chinese bots...
Yes,I am rob
This is very typical of them
It means, China GDP is contracting.
Good !
I had to leave my Chinese wife in China and my lovely dog 🐶 and my home where I stayed
It is never good to be against west.
Nice retinal scan, Loved the sliver color. Could be real sliver.
The Indian media show great joy and delight in expressing China ‘so-called’ problem and adverity with her narration on China.
Her face lit up with impish glee rejoicing at China’s misfortune.
The Indian media has the predisposition to schizophrenia in venting her hatred on China with her thinking and behavior that impairs daily functioning in her narrative and summary.
Do not those who contrive evil go astray.
Willful is in her heart, she deviseth mischief continually; she soweth discord.
Please do not plan any harm against your neighbor, as China trusts you and lives near you.
The problem is China is not trust worthy and this china has proved time and again...🤷
She loves to report bad about china,but I don't see india will ever better than china.
All major exporting nations showed steep year-on-year declines in shipments during June and July led by South Korea and India, which both fell by 16% during July and June, respectively. China and Taiwan registered year-on-year declines of 9.2% and 10.4% in July. Singapore’s July exports, moreover, fell 19.3% year over year, while Vietnam’s fell by 15%.
World trade tumbles into recession. China’s flagging performance is in line with other big exporters.
The hate of China by many Indians is not reciprocated by the Chinese. Most hope the best for India.
@@zadaw7220 True but then Indians don't hate Chinese but CCP ..
It is farfetched to say that China is sinking. It is a gross exaggeration.
I am puzzle why all the fuss worry about China's economy....the last time indian medias keep saying Pakistan is going bankrupt but they have survive.
While there is clashes and riots in North East Manipur, which is kept a low profiles where the people there suffers.
Funny Chinese propagandas LOL
India is thriving. Economy is very good. No more people going hungry.
Why are you so worry about China?
wumao 😆
Your brain is the same size as the space between your eyes.
To even match China today, India and Indians have to work hard for the next 40 years! 😅😅😅
Meanwhile the Chinese continues to prosper even more!
India has no way to even catch up with China!😅😅😅
KARMA....GABA
Can you do a post on why and when did Iran become Israels enemy ? Just primitive fanaticism or is there something more solid reason ?
BUY CANADIAN BUY American BUY ANYTHING YOU CAN IN ANY OTHER COUNTRY YOU CAN AND WE ALL CAN PUT A STRANGEL HOLD ON CHINA'S ECONOMY. ANY THING THE WE IN THE WEST MAKE WE CAN FIND OTHER BUYERS FOR OUR GOODS.
It's ain't sinking. China is just experience a hiccup after reopening from covid. India and the West rejoice while the likes of ASEAN is leveraging on China with more FDI into China.
Saudi Arabia has to understand that Saudi Arabia is basically like an autocratic government. They tell their people what to do but in Israel it is a democratic society. The people tell the government what they want and what they need and what to do it’s not the same thing they have a lot of things they need to discuss. They have a lot of things to make these deals with, but there Hass to be concessions on both sides, and concessions cannot mean being going against Israel Israel has they’re going to government and they have a government run by the people. It is totally different from Saudi Arabia. Saudi Arabia needs to understand that just like Saudi Arabia wants the Jewish people to understand them the Jewish people want Saudi Arabians to understand them too. That’s a big hurdle.
Why is this bad news? Every country in the world has economic slowdowns. Normal cyclical patterns. This is absolutely insignificant reporting.
❤
Best news channel
As palki sugar daddy i agree
How is “Make In India” coming along?
They think that manufacturing industry is only about Iphone and Tesla. I went in a hardware shop and try to find any item made in India. I found nothing except a plastic bucket.
Great
@@ChandanMishra-ql1bi I think you are confusing an assembly industry with a manufacturing industry. You should go educate yourself.
You have only china china china no other option ! 😜
-.3% is not deflation, yet. If you have -1% or more for several months, you can call it deflation.
I have noticed lately palki' s Mellons have deflated.
Hysterical analysis.
Have you considered the fact that the population declined? What is the impact of this decline.
🎉🎉🎉🎉
This news makes me laugh, reporting FAKE news everyday. LOL!!!
Why is India wary about China and not try to grow their own economy?
Wait a second. The video is from Japan and not China! Is it because all of China is under water now?? LOL
Everything getting cheaper is better than everything getting expensive.
Not necessarily
If everything is cheaper than u have no job buy even cheaper things and this statement show u have 0 percent knowledge of economy
as you wish
China's Gorbachev Moment has come
Agreed . Now usa is made in china😂
Collapse couldn’t happen to a better government. Someone needs to speed up her teleprompter
Thanks for an update Palki - Always Great News.
hehe... the prince looking like a tech support dude. dressed like a tech support dude and everyone taking him all serious like. look at his regular ass jeans and tshirt. not that there is anything wrong with that. is just funny. like he came back in a hurry, dropped everything on his lawyer golf course and ran back to Thailand.
You are the best Palki
Babylon is falling
Ara na naman ang LAW-AY nga xi jinping!!! 😂😂😂
god bless china long live xi jinping glory to china
XI and CCP CURSED CHINA
I agree beauty parents are awful but disagree why 3rd world countries won. The exotic look is more the reason.
Thai chicken curry is best but
China is a 4000 year master of subterfuge with Confucius, Sun Tzu and several allied edicts evolving into time critical strategies thereof. If their economy appears to be flattening out it is more of a planned strategic retreat to lower share value of " outsiders " and stalemate economic imbalances by diverting assessment criteria beyond Western analytical precedents. They have industry, skillsets, raw materials and productivity in " Make in China" or Confiscated for China mode which is an empowerment and not a liability. They have proactively diversified markets to Africa, Middle East and South America which have " raw material" !Dedollarization is being progressed deliberately which will have significant effect on the existing old economic order. They are playing their covert and overt game professionally.
Such a master that they were whipped into humiliation by two small island nations one from Europe and another from Asia
@@ammlu3556 Was the Asian country also not humiliated to surrender by two atom bombs. Every country when weak will be humiliated. Remember 200 years of colonial humiliation. You work hard, become strong and win again so that you can humiliate others?
My question is ,Why are you so pretty?😍
Sad. Too big too fast.
Going to no. 4 world ranking?
Classic newsreader madame
I consider the West poor & with way they are that as their greed that led, lead them to all they had till been opposed by Russian Federation as proceeding with their way giving chance to all leaving!
No Offence I only like your view of Russia with the contrast I consider of the West! Hoping you’ll be able to become of the richness if as seems from your comment are not!
Jared S. Woodford 10-08-2023