@@ΉτορΟμάδαYou can volunteer to leave Africa. Let see Africa is going to fail or not. Don't forget that stock markets in Europe still taking out resources from Africa and sell them on the stock exchange.
Derisking means not to risk your country to a disadvantage by following USA or North American anti China rhetoric and Containment, interference in other countries's affairs. Communicate with China on how to manage the risk which may bring detrimental results to your country's economy, . Your country need to improve on her economy and progressive industries to develop further. So be smart play your foreign policy well.
well unlike the UK china don't trade with cannon to your face.....you don't want to buy they will just find another buyer.......there are more buyer in the world than anglo white.
China recognized this issue years ago and has been encouraging growth in the internal economy as well as doing more business with the global south. China has also been reducing it's US treasury holdings gradually.
Very much so. China is de-risking big time, teaming up with the whole Global South which is most of the non-Western world. And it is doing it very fast.
@@bobsmith3983 That internal economy ( internal circulation) isn't growing as much as the Government would like. The transfer of wealth from Government to households is what is required - but for obvious reasons the CCP is unwilling to do that.
One of the values which is misunderstood by the West, in regard to Chinese is Human Rights. To most Chinese, human rights mean they have a decent & steady job with reasonable pay to enable a decent standard of quality living to themselves and their family. Their country offers them affordable, efficient & effective systems of public education, medical care, transport, basic social amenities, safety and security. And they can afford to travel to overseas at least once a year to enjoy themselves and see the World. Their country has minimal crimes, drug abuses, homelessness, and social disruptions, and a cleaner environment! In the latest survey done, 95% of the Chinese are happy with their life and approved ways the current Chinese Government runs China! 😅
@@navegantezen5983 It would be better for americans to ask that question to themselves, it seems more and more americans does not know what it means. Just look at their 2 million inmate population, their porn industry, their illegal drug problem, tens of thousands of murder and major crimes, mass shootings in schools, buildings and other public places, etc.
Politicians say one thing. Businesses do another. It is up to businesses to find their profits and markets bearing in mind the risks involved. Governments talking de-risk is just bs.
No, it is not. Business, colossal business, travel with government officials to make deals. When things go south, the same people look for favors, money, and bailouts out of taxpayers' money. So, yes, governments should talk about de-risking.
Its better not to tell them their problem and issue . That is just respectful , Respecting their sovereignty , Respecting their privacy , Respecting their right to self determinarion . - Just like the old gossip about a family doctor , he was treating all his patients , But he didn't know he is sickly himself,,, , and a time-bomb for medical emergency intervention .
@@jaihindersingh Bhai you are dreaming, CCP is the best and do not interfere with other countries internal affairs . Don't be fool by Western media propaganda. CCP China have brought 800 million of her people out of poverty. India should emulate that and go and make friends with China or CCP and learn how they do it.
Russia invaded Ukraine as Putin attempts to recreate the Russian Empire. The west not rallies behind America. Putin keeps threatening western europe who mostly dont have nuclear weapons with a nuclear strike.
"Risk" seems to have become a buzzword of Western countries, but so far, I still can't understand what they said "risk"?What are the risks in China?No one gives a clear answer.
The most important thing about being successful, is that you no longer can bully someone into believing, respecting you in today’s world. Just come down from the old, stubborn thoughts of others, don’t be afraid, don’t be close minded, open your heart to happiness, embrace the differences, dream a beautiful future together, allow yourself to feel for others, discover the new world, see how we are connected. Being said that, we all have evil, selfish, self centered, corrupt people in all cultures. Just rise above them.❤
One of the aspects about "de-risking" that I find dubious is that a lot of public commentary in the West stems from flawed reports or misunderstandings, that then compel politicians to take action. A good example of this is a lot of accusations about Huawei, which mainly regard about staffing issues that Western nations find suspicious, specifically the accusation that government agents by the CPC have infiltrated Huawei. While a lot of pro-China figures like to dismiss this claim as simply "propaganda" I do believe that Huawei also considers this an issue because in light of those allegations, they decided to enhance their recruitment process and screen more of their staff. Whether this was out of some truth to the accusations or simply to appease the media, the truth is that it was done; however an important thing to note here is that Huawei's actions are largely missing from mainstream media coverage. The initial "feeling" of Huawei being a malicious entity then spiralled into actually completely false additional accusations, like the "spy chips" on their products. It is important to remember that while it is the job for politicians in the West to do what is best for their country, that they also have to consider what is best for their career. Public perception plays a role in this. If sentiment goes in one direction, and even if the logical thing to do is to go away from it, many of those in power also have personal considerations.
CCP has banned Tesla cars from sensitive area's and whole cities when Xi visits. If CCP doesn't trust western products why should the west trust Chinese products?
It’s a joke to de-couple or de-risk from your greatest trading partner. It will not work yesterday, neither today, nor in the future. The smartest strategy when talking about de-risk is interdependency which intertwines interests of both parties together and make it impossible for unilaterally place economic coercion or punitive action agt your partner.
It seems unfair you only mention China is requiring licensing approval for gallium and germanium export and not talking about any of the restrictions on semiconductor, Ai that US, and Dutch have leveled against China.
Good point. China could be harsher on the west. Pascal video says China will be more advanced than the west... so the semiconductor restrictions aren't and won't make a difference.
One thing which perplexes me is that majority of the world's commodities come from the global south ...and Russia, yet when they talk about china they never seem to mention it. You can't print commodities and how western governments and companies get them is simple you treat the respective countries with respect without lectures then it's possible to create your own supply chains
China has a lot of resources, too. It plans on being food-independent in maybe 7 or 8 years, for example. And it has Russia, linked to it by 6 roads and railways now. Russia made a deal with China recently to use Vladivostok as a major port for Chinese goods to be shipped into central China..
@@trekpac2 looks like Russia & China have a successful de-risking plan of their own. It's great that while China looks to reclaim lost territories from the century of humiliation it has forgiven Russia and lets them keep the ancient far-eastern chinese territories
Thanks for the sharings, you are doing very good analysis.. Always looking forward for your videos. For this, i was very amazed by the 3 video clips posted on the Resilience slide, a big WOW..
Well said and explained, Pascal. Just for fun, an ordinary guy was asked what he think of "decouple" and "derisk". His answer was: Dis is like de couple having a heated de bate which has de risk of turning it into a de bacle on the de subject whether " De feat of de duct went over de fence before de tail..." (Joke borrowed from 1970/80s Reader Digest's "Laughter the Best medicine). 🤣🤣🤣
To derisk is the right of every country and no one is complaining . It is free trade. Only problem is they try to ban exports this and that against free trade .
Great analysis, but "trash talking" (excuse me for my wording). Chinese is not white, that is its sin and that is risk. We cannot talk it openly because it is racial discrimination. So we need to find other excuses. Gun violation, black discrimination... in US are human right issues. No one in Europe talks about de-risking/de-coupling; the property confiscation of Russian companies or individuals, no one talks about the rule of law; a long sanction list of Chinese companies, just a simple word of national security. Tiktok, Huiwei, Wechat... are forced to have data banks in US and Europe. We are doing the exactly same as China. Why doesn't Europe want to pass China and Europe investment agreement, if the open-up of Chinese market is so important?
Pascal, I am perplexed with the video caption - is China a huge risk? Why are you not talking about - Is USA a huge risks and/or is Europe a big risks? You should interview BMW, Mercedes, BASF and VW. And interview Intel, Micron, Qualcom and Nvidia too. Then interview the African nations, South American including Argentina, Brazil and Nicaragua. Then interview the Middle Eastern nations including Saudi, UAE, Syria, Iran, Egypt and Israel. Your discussion topic are geopolitical program instituted by the neocons and the European nations are cohorts. Why not interview the Russians, Hungary and Turkey? Business and trades are about profit and economic benefits. For those who worry about the risks of China, I suggest they should de-risks and stay away. Asean nations are trying to benefit from the RCEP. I think you should do a research on this topic with Middle Eastern nations, African and Asean including South American and Latin American nations.
Great suggestion, ask those nations who know all the chaos in this world started and created by America and her western allies to make China looks bad, on the contrary China is the best country to trade with and China always respect every trading nations small or big as equal on level playing field. For America bullying and provacation is the name of their game when dealings with other countries.
When you hear about decoupling and de-risking or talking about talking, keep in mind that unless there are concrete actions it's just a cynical PR game supporting a long-term (US) con. --Einar Tengan
Euphemism. There is no "de-risk", just a naked animal trying to keep the throne. If you watched some American western movies the story lines are pretty familiar. Fastest gun in town, the sheriff, in panic mode.
Thank you Mr.Coppens, for adding new perspectives into China - US and wester world beyond political angle. Many high points which suggest the existing open space could expand further for exchange and collective progress. The ‘ soon would be 1 billion China’s middle class with its savings ‘ would present both consummation power and a massive resource for innovations and other advanced development - education is every Chinese family’s top priority when raise children and this would add high level working force desired in world market. To summarize that US and the western world if take a positive attitude when conduct business with China, it will add unmeasurable benefits to their nations and people - perhaps this is our shared GOAL to see the world in peace and prosperity together.
Different words same intentions sre never wise in conducting global affairs. The mandate of KARMA is just and impartial. Beware of malicious retribution. China will prevail continue to progress develop innovate and overcome all obstacles for the benefit of mankind. China is a blessing to the world 👍❤️🇨🇳
Altough Pascal knows China quite a lot, but still with western biased point of view, such as using Mao to describe as a closed authotarian time, which is not really correct. First of all, it was not Mao who decided to close China but the western world refused to recognize China and ssnctioned China big time, It was the west that closed your doors to reject China, but in the western misinformation it turns into China Closed! And whether Mao was an authoritarian, even in.China it's still under debate. From the informations I gathered, seems to me he was not. I tend to believe in his last years his intention for certain decisions were out.of good will but then gone out of control and became disasters. So at least I don't make a final judgement on him. But of.course in the western world he is declared evil because it was him who led the communist Party and.the Chinese people to successfully establish the PRC, a country independent from all western colonialism, superialism! For China, the Soviet Union was a socialist superialism, and the US and the west together is capitalist superialism. China refuses to surrender to any kind of superialism! We want a shared world, a more fair, just and peaceful world. And the western way of exploiting the whole world should just end! That's why African countries, arabian countries, most asian countries, many south American countries are tending to choose China as business partner in spite of so much misinformations about China deliberately spread by western medias. The problem of the US.and.the west is to take the third world people and.countries as stupid, thinking they can fool them all the time! But look, they are waking up!
I find this video extremely busy nsightful and constructive. Agree that "managing" is far a superior word to "de-risking". Thank you forr shharing your insightful views.
We must see from historical perspective when come to China relation with Europeans or Americans. The west for centuries taking advantage of China especially during the China invasions in 19th century by alliance of US, Japanese and Europeans that separated China with HK, Macau for century. The west especially US invest in China just to take advantages of cheap labour, market, resources and etc but little they know China will rise to become superpower and it become even more urgent to contain China when China capable of competing with US. All this while, the west already contained China in term of military and technology exports such as nuclear and jets, so its normal for China to be suspicious of US and western, limit to US social media and NGOs freedom is justifiable from the national security perspective because the US well known reputation of spying, hacking and initiate social unrest to change government that unfriendly to US. But now US and west going far further from what they already do previously to contain China so we only can blame US and west for China anxiety to protect their nation from new US and western ‘invasion’.
I agree and therefore the West can behave the same to Chinese entities. It would be good if we were friends again. China has forgiven Russia and lets them keep the far eastern territories
The world's top dog is quickly losing its formerly unchallenged position. The United States is no longer just deteriorating; its status as a global leader is also eroding. This drop isn't a blip; it's part of a more significant downward trend. China, Russia, and other countries will establish multi-lateral global governance. Concerns over China's rising economic might are unreasonable from the American perspective. The United States has perverse fears about China's rise to economic dominance and leadership of a multi-lateralized global governance framework because of its norms, which have bullied the globe over the last seven decades. The United States is no longer merely falling; its role in global leadership is unraveling. This drop is not temporary but represents a persistent tendency. China and other countries will helm a multi-lateralized global governance framework. The United States has irrational anxieties about China's march to economic domination that they judge with their standards. The current trend marks the conclusion of the United States hegemonic decline. According to the Atlantic Council, it is "irrational pessimism" to believe the United States cannot recover from its current position. It has entered the final phase of its fall from its hegemonic position. The degree of collapse is no longer simply relinquishing its position as the world's preeminent nation but also disintegrating its power foundation. This deterioration is not the result of periodic forces but rather the cumulative effect of a long-term trend, regardless of how it continues to disseminate and propagate deliberately deceptive falsehoods against China and Russia. India will continue to play both sides until it becomes clear that the decline of US hegemony is irreversible and cannot be reversed. China has prospered due to its approach, which has put Washington in a difficult situation. Washington's history of wars, political engagement, treaty violations, unilateral acts, and disregard for international institutions and rules would not be justified without American exceptionalism. When did Washington begin to dismiss other countries' laws and institutions? China's achievements using a different manner China's quest for a peaceful economic recovery has resulted in a collision of values between the two countries. Washington's goal for systemic change in China is either to perpetuate a long-running hoax by making many significant lies as part of it or to perpetrate a long-running fraud. China is eager to work with Russia to establish a global system that leaves no nation behind. Priority number one for Chinese President Xi Jinping is confirming a prosperous, secure, and equitable international order in cooperation with Russia. Hopefully, China and Russia will work together to create a thriving and equitable international peace order. This willingness to work with Russia to establish a fairer and more just global order would benefit all nations and ensure that no one is excluded. It would be a positive and non-discriminatory measure for all participating countries. Citizens, especially those residing in the global south, eagerly anticipate realizing this opportunity.
@@atulchandra7384 China has maintained its moral superiority throughout its five millennia of recorded history, and its ability to remain serene and patient in the face of adversity is remarkable. China regards all nations fairly and never employs coercion or force. China expects reciprocity from others as well. The West is unwilling to treat Yellow Peril and the rest of the global South with the same deference. They have proved to be a dependable partner for nations willing to work with them without conditions. China has repeatedly demonstrated that it is a reliable ally to any nation and desires peace on an equal footing with all countries.
@@istiaqmujibtafader I cannot make someone see who has willingly blinded himself. Your "more loyal than the king" will be laughed at even by the Chinese. Keep hallucinating. You are welcome to it
@@atulchandra7384 Given the current geopolitical landscape, the United States strategically wants to contain China and stop its growing influence. In this context, India emerges as a nation of significant importance. India has faced considerable pressure from the EU and the USA. Since the conclusion of the Cold War, the United States has been observed to have pursued, maintained, and potentially misused its position of hegemony. Additionally, there have been instances where the United States has been accused of supporting subversion and infiltration and actively seeking out conflicts, the latest example being the Ukraine conflict. The United States has consistently demonstrated a willingness to engage in actions that destroy other nations. India faced a significant level of dominance from the United States. Does it not have an impact or significance? India possesses considerable sway over Chinese strategic decisions, which it should leverage in its dealings with China instead of aligning itself with Western interests. India has the potential to benefit from its influence on Chinese policy.
@@istiaqmujibtafader how do you characterise Russian attack on Ukraine in geopolitical context? India is not aligned with US or for that matter anyone. It is looking for it's own interest. So it has continued dealing with China despite many sold reasons to consider it as the Enemy number1 and probably a country ruled by people whose intent towards the world is malafide. It is upto the Chinese people to understand what is good for them in the long run. Short term appearance of power with enmity and hostility of the world or long term peace and friendhip and prosperity. It has to start with a basic review of what kind of relationship Chinese people want with India.
Remind one of the saying, "if you can't take the heat, get out of the kitchen". Instead of finding faults with your competitors, isn't it appropriate to do some soul searching?
While I appreciate Pascal trying to be polite, the whole de-risking is ridiculous when you thinkg about it even slightly deeper. 1) Supply chain - if you are worried about factories staying open in the future despite pandemics. Well, guess you are really cold blooded and don't give a rats ass about worker safety. May be you can find a country that will keep a factory running for you during a pandemic but at what human cost. 2) Don't buy everything from China - well again, good luck with that. Already, the lower skill/labor products are being completely automated in China, they will be competitive or cheaper than human labor in Vietnam, India or other places. On top of that, there is the cost of duplicate supply chain. And, places like India cannot be compared to China as Apple subsidiaries are already finding out with significantly lower efficiency. This can be readily understood if you simply look at 1 metric, literacy. Literacy in China is 99.8% while in India is 74%. 3) Not depending on China as the sole market - well duhhhhh! Pretty sure every business tries to make money everywhere. But if your biggest market is China and your fastest growing market is China, guess what, you better invest or be replaced.
She said "global civilisation" and not "international world". That means to me a convergent world - a co-operative peace and prosperity rather than cut throat dominance and competition.
The words on china always be so confused. When talking about china, euro use partner and rivals on china at the same time. So let me explain what that means. Partner means euro need earn money in china. Rivals means euro do not allow chinese earn money outside china especially in euro. These complex demands are in these politicians' minds. Now does it clear to understand?
I subscribed to your opinion and content but the caption topic is perplexing because it should also discuss the risks of investing in America, Europe and India. Why not discuss about the issues pertaining to Xiomi and Oppo faces in India and Huawei and Zte and Tiktok facing discrimination in USA and Europe? You didn't include these sufferings of investors in Europe and USA.
China is very transparent, they had a long term, all spelled out in the CPC manifesto. The collective western countries markets are more protective than China. China is open daily. Prior to the US trade wars, sanctions, bans, etc China was cooperating and healthy competition with the west but since the US restrictions & containments campaigns, China was Very patient but the US continued with more restrictions to a point China had to counteract to protect its own interest. It will be irresponsible if they don't react.
China isn't transparent. Official figures need to be verified independently and that is more difficult than ever. China has huge state subsidies and a restricted home market.
@@Andy-P who is transparent, US or UK, or China or Russia. Or African nations or EU? No country is fully transparent. You are just echoing this MSM narrative, this report is from a westerner and not Chinese.
congratulations for your wonderful job and insightful view. Maybe the analysis from Mathew Ehret helps to understand the political environment in the subject! what you think about his work, have you read some of his books or youtube videos'
Dear Pascal. Interesting analysis. I was wondering if would you be keen on making a video on BRICS. It is quite a hot topic. Especially due to the upcoming BRICS summit in South Africa in August, and also due to the ongoing geopolitical situation surrounding it. Do you think you will be digging in this topic?
hi Pascal, so clear, and explain so well West position, but west ask for those never was capable to give. And sincerely hear your videos is as always amazing bcz builded from our west culture point of view which make it easy to comprehend, but von der in the middle became not digestive, we got to much seeing her everyday on west news everywhere. This kind of politician want all about China, only bcz is China, she became not only not good, became not digestive properly, more over is toxic. As always, thank you very much for your points, are fresh water in the desert. Those about the von der its the classic "there's not worst blinds than those that don't wana see " , they, specially pro-nazis in WEF and EC almost should learn from China instead criticize those them even are not capable to build. Europe is suffering a big withdrawn of invest capitals as in US too; there will be one reason, innit?
A China plus One strategy is a very costly strategy as the business entity is doubling up its costs by replicating its business in two diffrent countries instead of a single country and so it will be incurring two sets of compliance costs , two sets of legal costs , two sets of factory building costs, two sets of factory maintenance costs, two sets of staff training costs into two diferent work environments, etc.
Yes the cost does go up. But the risk of all your eggs in China? If you have to choose one then going to a country that you won't go to war with has got to be a key factor.
It is bully , it is NOT a competition when only one side(U$A) can change rules. Just like your classmate(U$A) use his family power coercing the stationary shop(ASML,Japan,..) NOT to sell stationary to you.
Most people have traumatic experience of depending on their parents in childhood. Therefore, it triggers the childhood trauma of dependency in adulthood when one falls into situation where one is dependent on other. It is a risk to depend on other in independent culture. It is not a risk but an acceptable social manner to forn interdependent relationship with other human beings. Independt culture can only form relationship with dogs or slaves.
In Europe or USA do business corporation including foreign owned have to comply to the laws and regulations of the native nation? Do foreign owned corporations in Europe and USA have to be concerned of their values and cultures? If you invest in Middle East such as Dubai and Saudi shouldn't corporations comply to the values and cultures of the Islamic cultures and Values? I am perplexed when you say as if the values and culture of China are alien to Europeans?
@PascalCoppens but 4000 years of development to get to this point versus 1000+ to the state of the west , I love the saying by Oscar Wilde ,America went from barbarism to decadence without trying civilisation
The value system in the west is upside down.For instance the child addressed his father or grandpa by calling his name. This according to asian culture is rude or show of disrespect for the elderly. Recently they have passed laws in California where man dressed in female attire can preached transgrender sex in school. Secondly the authority can snatch your kid and take a refuge area without the consent of the parents if the kid wants to change his sex. That language has to be neutral..cannot call a person man or woman or male or female.This rise of wokeism is bizzare and mad.
Where'd you go? I'm wondering if you said something wrong about the regime and got Serpentza'd. I doubt it though because this channel is super pro-China. So where are you? I liked your tech "Company Vs Company" videos.
Serpentza, That is your source of information? really? I recommend you look for a video of his best friend laowhy86 playing with a body with no life in a beach in Taiwan (what a psychopath).
To de-risk or decouple, the west has to re-build its own manufacturing before the global south stops supplying any goods to the west. The real risk seems the west runs short of time and resources (natural and human) for the re-build. Europe ex Russia was not endowed much natural resources to start with. For decades the education in high schools and below in the west was sub-par and left the incoming workers unprepared for serious scientific or engineering endeavors, other than pushing buttons.
If you know the purpose of China's great wall. And also if you know the way of China's handling the relationship between the global nations, you should not pretend you don't know that the Chinese is a well educated people and country. You behave the way as you should, you will gain from it.
NO I DON'T THINK SO, WE GOT TO WORKS TO GOT HER IN TIMES, TIMES WILL DECIDES EVERYTHING, ON THE PLANET EARTHS IN TIMES , TO GO FORDOWARD, WE GOT TO HOPE FOR THE BEST BEST, IN TIMES AND LIFE
The US thought it could pour money into China to build everything, even setting up many research labs, with the thought in mind that they could subdue China like they could Japan. But the Chinese were just too large and too smart to let that happen. As per the recent ASPI Report from Australia, China now is leading dominant in 38 out of 43 areas. The US can’t dominate militarily (even with 50 bases around China) nor can it use the IMF or World Bank to keep China in line. Politicians think maybe the best strategy is to agitate Taiwan so much as to provoke China into a false move, whereupon the US can do what it has done to Russia. But China won’t. It will just plug away until it has 50% of the world’s best ports, 35% of the trade with 130 countries (in 2 or 3 years!), and the world delinks from the West with BRICS+++, SCO, EAEC, Russia, a CBDC in New Development Bank, etc. What can the US do, re-industrialise?? Build more bases and aircraft carriers? Ya, sure. Better to study Chinese and a million Americans move there to integrate into their system.
If a business wants to succeed commercially in China it must not inject geopolitics into its business as such a busines wil be viewed and treated as a political entity and not as a business entity as its ulterior motive is political rather than commercial!
Derisking is looking what would happen if there is none or limited resources from china. Very few people tought Russia would invade Ukraine or that North Stream would be destroyed. There is more people that think China will invade Taiwan and there will be a naval blockade.
Ur outcomes are always a new perspectives and point of views are from the other demension. Most of people dont seem to remember one fact about how to manage things and assertiveness of succes in daily life when they talk about chinese and their culture is that chinese civilisation is one of the oldest and longest continual civilisation on earth. They always manged to seek the opportunities and find the way and assertiveness to achieves things. Otherwise their civilisation cant be survived so long even time by time they were invaded or governed by outsider and still they managed to come back with more civilised and assertives. Their civilisation always fall when they turn inward. To them turning inward is like turning backward.
If the enemy is making mistakes do not point the mistakes out. Just let your enemy destroy himself. The USA is rotting from the inside so don't tell them what they are doing wrong.
- For a country that wants to share a better future with everyone else, talks of world domination are far-fetched. - For a country that builds infrastructure for less-developed nations so they can stand on their own feet to feed their people, talks of debt traps are irrelevant. - For a country that wants to make friends with all nations around the globe, big and small, and even with the big bully who tries all sorts of intimidations, threats, sanctions, etc. to beat it into submission, talks of an ever expanding military might to scare off its neighbors and the world at large are simply nonsense. China pushed ahead with its Belt & Road Initiative to build up wealth and prosperity to all countries along the route. Everywhere it goes, there needs to be a peaceful environment for businesses to prosper. In this sense, China is an angel of peace. Compared that to the devil who seeks to create chaos and wars and destructions and deaths to advance the interests of its armament industry that, predictably, controls the election purses of each and every American politician and any person of average intelligence can see the differences clearly for himself.
For people don't understand this G7 "De-risking but not decoupling" BS. Just tell your wife , you want to De-risking but not decoupling from her. I don't want to know what happen after that.
Europeans have been emotionally joined with the US and behave irrationally for their own interest. Cooperating with China which strives for common prosperity will help improve their lives. America has been acting belligerently with sanctions, bans, and legislations targeting only Chinese entities totally against its own liberal capitalist principles.
This "de-risking" business is so neurotic, fraudulent, and self-centered. We could, if we liked, open negotiations and make some deals with China to benefit both of us. But we'd rather isolate, and point fingers at dangerous China, so we will be lost in the shuffle and left behind.
India bought hundreds of DJI drones company from China and India confiscated the drones without paying DJI. Recently India tried to order drones from DJI. DJI refused to sell their drones to India due to high risk trade. shaomei cell phones shipped to India also confiscated by Indian and lost their money that cost them 10 years to recover the lost. I don’t understand what these Chinese companies thinking why they do business with Indian. Chinese have so many products that globally want. I can’t see Chinese need to purchase things from India.
They ended up lost trillion dollars and Modi wanted Indian own company like apple. Foxconn and apple sold to Indian company for less the 10% it cost to build the manufacturing company. The main purpose of India to move is to have Indian own company. I watched the Foxconn TH-cam and Apple after they established the manufacturing company in India. I believe that is the trap for these two companies.
The root cause of all this resentment is western businesses are no longer competitive in this rapidly changing world.
More important question: How can African countries de-risk from Western nations and get them off their property?
Maybe for another video ;-)
Make another one on Latin America derisking from US and Europe 😊.
hahahahahaha... Yes, they can die from cheche fly.
You wouldn't know what a "property" means if the westerns weren't there.
@@ΉτορΟμάδαYou can volunteer to leave Africa. Let see Africa is going to fail or not. Don't forget that stock markets in Europe still taking out resources from Africa and sell them on the stock exchange.
@@PascalCoppens
Looking forward to it.
The word “de-risk” sells better than “decoupling”, they are two sides of the same coin.
Derisking means not to risk your country to a disadvantage by following USA or North American anti China rhetoric and Containment, interference in other countries's affairs. Communicate with China on how to manage the risk which may bring detrimental results to your country's economy, . Your country need to improve on her economy and progressive industries to develop further. So be smart play your foreign policy well.
A coin has three sides
a country you can walk at night at anytime without fear , low crime rate. no homeless ... that says a lot about this big country.
China is also de-risking from the Western countries by selling more & more to the Southeast Asia countries & Russia .
well unlike the UK china don't trade with cannon to your face.....you don't want to buy they will just find another buyer.......there are more buyer in the world than anglo white.
China recognized this issue years ago and has been encouraging growth in the internal economy as well as doing more business with the global south. China has also been reducing it's US treasury holdings gradually.
Very much so. China is de-risking big time, teaming up with the whole Global South which is most of the non-Western world. And it is doing it very fast.
@@bobsmith3983 That internal economy ( internal circulation) isn't growing as much as the Government would like. The transfer of wealth from Government to households is what is required - but for obvious reasons the CCP is unwilling to do that.
Not only China even the US lap dogs are selling off US debt 😂
One of the values which is misunderstood by the West, in regard to Chinese is Human Rights.
To most Chinese, human rights mean they have a decent & steady job with reasonable pay to enable a decent standard of quality living to themselves and their family.
Their country offers them affordable, efficient & effective systems of public education, medical care, transport, basic social amenities, safety and security.
And they can afford to travel to overseas at least once a year to enjoy themselves and see the World.
Their country has minimal crimes, drug abuses, homelessness, and social disruptions, and a cleaner environment!
In the latest survey done, 95% of the Chinese are happy with their life and approved ways the current Chinese Government runs China! 😅
Maybe an American would ask you: What is decency?
@@navegantezen5983 It would be better for americans to ask that question to themselves, it seems more and more americans does not know what it means. Just look at their 2 million inmate population, their porn industry, their illegal drug problem, tens of thousands of murder and major crimes, mass shootings in schools, buildings and other public places, etc.
Good points
you lost me at cleaner environment. maybe in the rural areas...
@@OlJackBurtonYou go there to have a look, you will be pleasantly surprised !
Politicians say one thing. Businesses do another. It is up to businesses to find their profits and markets bearing in mind the risks involved. Governments talking de-risk is just bs.
No, it is not. Business, colossal business, travel with government officials to make deals. When things go south, the same people look for favors, money, and bailouts out of taxpayers' money. So, yes, governments should talk about de-risking.
Business & Government are separate institutions in the west. Governments do the security part as well as creating a healthy business environment.
I laugh how the US likes to point out China's internal problems, but it seems to disregard its own. Hilarious 😅.
True
Its better not to tell them their problem and issue .
That is just respectful ,
Respecting their sovereignty ,
Respecting their privacy ,
Respecting their right to self determinarion .
-
Just like the old gossip about a family doctor ,
he was treating all his patients ,
But he didn't know he is sickly himself,,, , and a time-bomb for medical emergency intervention .
@@enzoh7763😂
It is de gudd guy's raights to lekchur de cpp evedytaim dhey meet becas cpp is vaileitiing de whool wurlds heumen raights
@@jaihindersingh Bhai you are dreaming, CCP is the best and do not interfere with other countries internal affairs . Don't be fool by Western media propaganda. CCP China have brought 800 million of her people out of poverty. India should emulate that and go and make friends with China or CCP and learn how they do it.
How the world can derisk from US the trouble maker?
Like chewing gum on soles and pavements.
Exactly, without the biggest warmonger and trouble maker, the world would be much more peaceful place.
That is what a lot of the world is thinking these days!
Russia invaded Ukraine as Putin attempts to recreate the Russian Empire. The west not rallies behind America. Putin keeps threatening western europe who mostly dont have nuclear weapons with a nuclear strike.
为快不破
"Risk" seems to have become a buzzword of Western countries, but so far, I still can't understand what they said "risk"?What are the risks in China?No one gives a clear answer.
Actually the European Commission, German and French government have made it clear from their recent policies. I explain partially in the video
@@PascalCoppens Agreed. My understanding is that the CCP is losing credibility to the business world.
Thank you Pascal, this presentation is a very mind clarifying view about China. Excellent.
Glad it was helpful!
Taken right out of my mouth.
The most important thing about being successful, is that you no longer can bully someone into believing, respecting you in today’s world.
Just come down from the old, stubborn thoughts of others, don’t be afraid, don’t be close minded, open your heart to happiness, embrace the differences, dream a beautiful future together, allow yourself to feel for others, discover the new world, see how we are connected.
Being said that, we all have evil, selfish, self centered, corrupt people in all cultures.
Just rise above them.❤
One of the aspects about "de-risking" that I find dubious is that a lot of public commentary in the West stems from flawed reports or misunderstandings, that then compel politicians to take action. A good example of this is a lot of accusations about Huawei, which mainly regard about staffing issues that Western nations find suspicious, specifically the accusation that government agents by the CPC have infiltrated Huawei. While a lot of pro-China figures like to dismiss this claim as simply "propaganda" I do believe that Huawei also considers this an issue because in light of those allegations, they decided to enhance their recruitment process and screen more of their staff. Whether this was out of some truth to the accusations or simply to appease the media, the truth is that it was done; however an important thing to note here is that Huawei's actions are largely missing from mainstream media coverage. The initial "feeling" of Huawei being a malicious entity then spiralled into actually completely false additional accusations, like the "spy chips" on their products.
It is important to remember that while it is the job for politicians in the West to do what is best for their country, that they also have to consider what is best for their career. Public perception plays a role in this. If sentiment goes in one direction, and even if the logical thing to do is to go away from it, many of those in power also have personal considerations.
The Huawei case is a good example of how national security has been overused by the West to outcompete a tech leader.
Points well-taken. De-risking means breaking your opponent’s legs. A better word might be “immobilizing”, or “crippling”.
CCP has banned Tesla cars from sensitive area's and whole cities when Xi visits. If CCP doesn't trust western products why should the west trust Chinese products?
Thanks for your understanding and enlightment. It opened my horizons🙏
You are so welcome!
It’s a joke to de-couple or de-risk from your greatest trading partner. It will not work yesterday, neither today, nor in the future. The smartest strategy when talking about de-risk is interdependency which intertwines interests of both parties together and make it impossible for unilaterally place economic coercion or punitive action agt your partner.
China has attempting to de-couple from the west in key area's for years. They have got away with it so far.
It seems unfair you only mention China is requiring licensing approval for gallium and germanium export and not talking about any of the restrictions on semiconductor, Ai that US, and Dutch have leveled against China.
I talked extensively about that in other videos.
Good point. China could be harsher on the west. Pascal video says China will be more advanced than the west... so the semiconductor restrictions aren't and won't make a difference.
Great presentation! Thank you Mr. Coppens
One thing which perplexes me is that majority of the world's commodities come from the global south ...and Russia, yet when they talk about china they never seem to mention it. You can't print commodities and how western governments and companies get them is simple you treat the respective countries with respect without lectures then it's possible to create your own supply chains
Interesting
China has a lot of resources, too. It plans on being food-independent in maybe 7 or 8 years, for example. And it has Russia, linked to it by 6 roads and railways now. Russia made a deal with China recently to use Vladivostok as a major port for Chinese goods to be shipped into central China..
@@trekpac2 looks like Russia & China have a successful de-risking plan of their own. It's great that while China looks to reclaim lost territories from the century of humiliation it has forgiven Russia and lets them keep the ancient far-eastern chinese territories
Thanks for the sharings, you are doing very good analysis.. Always looking forward for your videos.
For this, i was very amazed by the 3 video clips posted on the Resilience slide, a big WOW..
Thanks Pascal, always like your sharing. Today's sharing is best of the best. Much appreciated.
Thanks!
Excellent in dept analysis ! Its active and wise !
Well said and explained, Pascal.
Just for fun, an ordinary guy was asked what he think of "decouple" and "derisk". His answer was:
Dis is like de couple having a heated de bate which has de risk of turning it into a de bacle on the de subject whether " De feat of de duct went over de fence before de tail..." (Joke borrowed from 1970/80s Reader Digest's "Laughter the Best medicine). 🤣🤣🤣
China is not the risk but their very words and actions make China to become risky.
To derisk is the right of every country and no one is complaining . It is free trade. Only problem is they try to ban exports this and that against free trade .
Great analysis, but "trash talking" (excuse me for my wording). Chinese is not white, that is its sin and that is risk. We cannot talk it openly because it is racial discrimination. So we need to find other excuses. Gun violation, black discrimination... in US are human right issues. No one in Europe talks about de-risking/de-coupling; the property confiscation of Russian companies or individuals, no one talks about the rule of law; a long sanction list of Chinese companies, just a simple word of national security. Tiktok, Huiwei, Wechat... are forced to have data banks in US and Europe. We are doing the exactly same as China. Why doesn't Europe want to pass China and Europe investment agreement, if the open-up of Chinese market is so important?
Agree the root cause is racism. US/west/white as a whole do not respect non-white people and nations.
U are rihgt
I have always thought not passing the CAI agreement is a mistake Europe made.
Pascal, I am perplexed with the video caption - is China a huge risk? Why are you not talking about - Is USA a huge risks and/or is Europe a big risks? You should interview BMW, Mercedes, BASF and VW. And interview Intel, Micron, Qualcom and Nvidia too. Then interview the African nations, South American including Argentina, Brazil and Nicaragua. Then interview the Middle Eastern nations including Saudi, UAE, Syria, Iran, Egypt and Israel. Your discussion topic are geopolitical program instituted by the neocons and the European nations are cohorts. Why not interview the Russians, Hungary and Turkey? Business and trades are about profit and economic benefits. For those who worry about the risks of China, I suggest they should de-risks and stay away. Asean nations are trying to benefit from the RCEP. I think you should do a research on this topic with Middle Eastern nations, African and Asean including South American and Latin American nations.
he is westerner, it is in his blood to be western righteousness, can’t escape from it😅
I will one day make a video on Global South's view of China. Thanks for sharing/!
@@PascalCoppens 👌✌💘
Great suggestion, ask those nations who know all the chaos in this world started and created by America and her western allies to make China looks bad, on the contrary China is the best country to trade with and China always respect every trading nations small or big as equal on level playing field. For America bullying and provacation is the name of their game when dealings with other countries.
Good response, although it could have been a little longer. You missed 30 countries!
When you hear about decoupling and de-risking or talking about talking, keep in mind that unless there are concrete actions it's just a cynical PR game supporting a long-term (US) con.
--Einar Tengan
Thanks for adding
@@PascalCoppensmy pleasure and thank you for making such high quality videos.
The West thinks the best strategy is to “disable” or “cripple”. Perhaps we can be more honest about it!
Euphemism. There is no "de-risk", just a naked animal trying to keep the throne.
If you watched some American western movies the story lines are pretty familiar. Fastest gun in town, the sheriff, in panic mode.
❤
Thank you Mr.Coppens, for adding new perspectives into China - US and wester world beyond political angle. Many high points which suggest the existing open space could expand further for exchange and collective progress. The ‘ soon would be 1 billion China’s middle class with its savings ‘ would present both consummation power and a massive resource for innovations and other advanced development - education is every Chinese family’s top priority when raise children and this would add high level working force desired in world market. To summarize that US and the western world if take a positive attitude when conduct business with China, it will add unmeasurable benefits to their nations and people - perhaps this is our shared GOAL to see the world in peace and prosperity together.
Different words same intentions sre never wise in conducting global affairs. The mandate of KARMA is just and impartial. Beware of malicious retribution. China will prevail continue to progress develop innovate and overcome all obstacles for the benefit of mankind. China is a blessing to the world 👍❤️🇨🇳
I agree. And may you have good Karma, too!
Hi Professor Coppens, thanks for sharing another insightful and indepedent analysis about China today
My pleasure!
China has been de- risking for years trying to be independent in all things critical from the west.
The whole world is made messy because of US exporting its problems via USD massive printing. De-risk needs to be from USA.
Altough Pascal knows China quite a lot, but still with western biased point of view, such as using Mao to describe as a closed authotarian time, which is not really correct. First of all, it was not Mao who decided to close China but the western world refused to recognize China and ssnctioned China big time, It was the west that closed your doors to reject China, but in the western misinformation it turns into China Closed! And whether Mao was an authoritarian, even in.China it's still under debate. From the informations I gathered, seems to me he was not. I tend to believe in his last years his intention for certain decisions were out.of good will but then gone out of control and became disasters. So at least I don't make a final judgement on him. But of.course in the western world he is declared evil because it was him who led the communist Party and.the Chinese people to successfully establish the PRC, a country independent from all western colonialism, superialism! For China, the Soviet Union was a socialist superialism, and the US and the west together is capitalist superialism. China refuses to surrender to any kind of superialism! We want a shared world, a more fair, just and peaceful world.
And the western way of exploiting the whole world should just end! That's why African countries, arabian countries, most asian countries, many south American countries are tending to choose China as business partner in spite of so much misinformations about China deliberately spread by western medias. The problem of the US.and.the west is to take the third world people and.countries as stupid, thinking they can fool them all the time! But look, they are waking up!
Thank you for sharing your informative and insightful video🙏👍🙏
Im glad to have come across this video. Thank you 🙏
You are so welcome
Very enlightening. Thank you very much.
You're very welcome
Many thanks again for your Top content 👍👍👍👍
You gave us an excellent view on China, thank you Pascal.
Fantastic, inspirational, enlightening, factual and very well structured talk. Kudos 👏
I find this video extremely busy nsightful and constructive. Agree that "managing" is far a superior word to "de-risking". Thank you forr shharing your insightful views.
Pascal is the BEST!
Assertive is different from Aggressive and we all know which Country follows which Context; One is Peaceful Coexistence, the other focus on War
Pascal is in a semi-panic and his videos correspond to his mental state.
I am quite sane as far as I am told ;-) I don't even have a shrink!
We must see from historical perspective when come to China relation with Europeans or Americans. The west for centuries taking advantage of China especially during the China invasions in 19th century by alliance of US, Japanese and Europeans that separated China with HK, Macau for century. The west especially US invest in China just to take advantages of cheap labour, market, resources and etc but little they know China will rise to become superpower and it become even more urgent to contain China when China capable of competing with US. All this while, the west already contained China in term of military and technology exports such as nuclear and jets, so its normal for China to be suspicious of US and western, limit to US social media and NGOs freedom is justifiable from the national security perspective because the US well known reputation of spying, hacking and initiate social unrest to change government that unfriendly to US. But now US and west going far further from what they already do previously to contain China so we only can blame US and west for China anxiety to protect their nation from new US and western ‘invasion’.
❤
I agree with everything up to the period at the end.
I agree and therefore the West can behave the same to Chinese entities. It would be good if we were friends again. China has forgiven Russia and lets them keep the far eastern territories
👍🏻 Pascal... can you tell us if China developed 5nm?
Bedankt Pascal voor uw video's
Graag gedaan!
The world's top dog is quickly losing its formerly unchallenged position. The United States is no longer just deteriorating; its status as a global leader is also eroding. This drop isn't a blip; it's part of a more significant downward trend. China, Russia, and other countries will establish multi-lateral global governance. Concerns over China's rising economic might are unreasonable from the American perspective. The United States has perverse fears about China's rise to economic dominance and leadership of a multi-lateralized global governance framework because of its norms, which have bullied the globe over the last seven decades.
The United States is no longer merely falling; its role in global leadership is unraveling. This drop is not temporary but represents a persistent tendency. China and other countries will helm a multi-lateralized global governance framework. The United States has irrational anxieties about China's march to economic domination that they judge with their standards.
The current trend marks the conclusion of the United States hegemonic decline. According to the Atlantic Council, it is "irrational pessimism" to believe the United States cannot recover from its current position. It has entered the final phase of its fall from its hegemonic position. The degree of collapse is no longer simply relinquishing its position as the world's preeminent nation but also disintegrating its power foundation. This deterioration is not the result of periodic forces but rather the cumulative effect of a long-term trend, regardless of how it continues to disseminate and propagate deliberately deceptive falsehoods against China and Russia. India will continue to play both sides until it becomes clear that the decline of US hegemony is irreversible and cannot be reversed.
China has prospered due to its approach, which has put Washington in a difficult situation. Washington's history of wars, political engagement, treaty violations, unilateral acts, and disregard for international institutions and rules would not be justified without American exceptionalism. When did Washington begin to dismiss other countries' laws and institutions? China's achievements using a different manner China's quest for a peaceful economic recovery has resulted in a collision of values between the two countries. Washington's goal for systemic change in China is either to perpetuate a long-running hoax by making many significant lies as part of it or to perpetrate a long-running fraud.
China is eager to work with Russia to establish a global system that leaves no nation behind. Priority number one for Chinese President Xi Jinping is confirming a prosperous, secure, and equitable international order in cooperation with Russia. Hopefully, China and Russia will work together to create a thriving and equitable international peace order. This willingness to work with Russia to establish a fairer and more just global order would benefit all nations and ensure that no one is excluded. It would be a positive and non-discriminatory measure for all participating countries. Citizens, especially those residing in the global south, eagerly anticipate realizing this opportunity.
Scary that you apoear to believe what you are saying.
Just take a good look at Chinese history and pilitics to didabuse yourself of these notions
@@atulchandra7384 China has maintained its moral superiority throughout its five millennia of recorded history, and its ability to remain serene and patient in the face of adversity is remarkable. China regards all nations fairly and never employs coercion or force. China expects reciprocity from others as well. The West is unwilling to treat Yellow Peril and the rest of the global South with the same deference. They have proved to be a dependable partner for nations willing to work with them without conditions. China has repeatedly demonstrated that it is a reliable ally to any nation and desires peace on an equal footing with all countries.
@@istiaqmujibtafader I cannot make someone see who has willingly blinded himself.
Your "more loyal than the king" will be laughed at even by the Chinese.
Keep hallucinating. You are welcome to it
@@atulchandra7384 Given the current geopolitical landscape, the United States strategically wants to contain China and stop its growing influence. In this context, India emerges as a nation of significant importance. India has faced considerable pressure from the EU and the USA. Since the conclusion of the Cold War, the United States has been observed to have pursued, maintained, and potentially misused its position of hegemony. Additionally, there have been instances where the United States has been accused of supporting subversion and infiltration and actively seeking out conflicts, the latest example being the Ukraine conflict. The United States has consistently demonstrated a willingness to engage in actions that destroy other nations. India faced a significant level of dominance from the United States. Does it not have an impact or significance?
India possesses considerable sway over Chinese strategic decisions, which it should leverage in its dealings with China instead of aligning itself with Western interests. India has the potential to benefit from its influence on Chinese policy.
@@istiaqmujibtafader how do you characterise Russian attack on Ukraine in geopolitical context?
India is not aligned with US or for that matter anyone. It is looking for it's own interest. So it has continued dealing with China despite many sold reasons to consider it as the Enemy number1 and probably a country ruled by people whose intent towards the world is malafide.
It is upto the Chinese people to understand what is good for them in the long run. Short term appearance of power with enmity and hostility of the world or long term peace and friendhip and prosperity. It has to start with a basic review of what kind of relationship Chinese people want with India.
The professor's thinking is balanced and rational, worthy of respect！
Love to listen your detail analysis.
This is an amazing episode.
Remind one of the saying, "if you can't take the heat, get out of the kitchen". Instead of finding faults with your competitors, isn't it appropriate to do some soul searching?
Thumps up to risk analysis and SWOT analysis.TQ
Very well explained. Tks Pascal
You are welcome!
About compliance, aren't European or American governments as restrict, or not more? 😊
As for Europe it is not much different indeed. The difference is that rules are mostly created by open debate, but result is often the same
very informative👋
Glad you think so!
While I appreciate Pascal trying to be polite, the whole de-risking is ridiculous when you thinkg about it even slightly deeper.
1) Supply chain - if you are worried about factories staying open in the future despite pandemics. Well, guess you are really cold blooded and don't give a rats ass about worker safety. May be you can find a country that will keep a factory running for you during a pandemic but at what human cost.
2) Don't buy everything from China - well again, good luck with that. Already, the lower skill/labor products are being completely automated in China, they will be competitive or cheaper than human labor in Vietnam, India or other places. On top of that, there is the cost of duplicate supply chain. And, places like India cannot be compared to China as Apple subsidiaries are already finding out with significantly lower efficiency. This can be readily understood if you simply look at 1 metric, literacy. Literacy in China is 99.8% while in India is 74%.
3) Not depending on China as the sole market - well duhhhhh! Pretty sure every business tries to make money everywhere. But if your biggest market is China and your fastest growing market is China, guess what, you better invest or be replaced.
Appreciate your direct comment. I don't disagree.
@@PascalCoppens Love your work and videos Pascal. I did not mean the above in criticism of what you said. Just the whole idea of de risking.
@@cabasadefogo9533 Thanks!
She said "global civilisation" and not "international world". That means to me a convergent world - a co-operative peace and prosperity rather than cut throat dominance and competition.
China should decouple derisk from the printed currency in debt used to buy Chinese gold back currency.
The words on china always be so confused. When talking about china, euro use partner and rivals on china at the same time. So let me explain what that means.
Partner means euro need earn money in china. Rivals means euro do not allow chinese earn money outside china especially in euro. These complex demands are in these politicians' minds. Now does it clear to understand?
Only US/Europe can make big profits while China can only provide cheap products and service with marginal profits.
@@hyc1266yes
That has been the case for long. We are awaking in Europe now that China is more than buying cheap stuff and dumping our old stuff.
Minute 26:25: 'You need to be compliant with chinese local laws and regulations if you want to do business in China.' Deng, like in any other country.
It's empty talk. US does not want to derisk or decouple from China but they want their allies to do it.
Very true.
I subscribed to your opinion and content but the caption topic is perplexing because it should also discuss the risks of investing in America, Europe and India. Why not discuss about the issues pertaining to Xiomi and Oppo faces in India and Huawei and Zte and Tiktok facing discrimination in USA and Europe? You didn't include these sufferings of investors in Europe and USA.
True! I should make a video about that too!
TikTok owners said American data couldn't be viewed in China. Then TikTok did exactly that! There is a lack of trust now regarding the CCP
China is very transparent, they had a long term, all spelled out in the CPC manifesto. The collective western countries markets are more protective than China. China is open daily. Prior to the US trade wars, sanctions, bans, etc China was cooperating and healthy competition with the west but since the US restrictions & containments campaigns, China was Very patient but the US continued with more restrictions to a point China had to counteract to protect its own interest. It will be irresponsible if they don't react.
China isn't transparent. Official figures need to be verified independently and that is more difficult than ever. China has huge state subsidies and a restricted home market.
@@Andy-P who is transparent, US or UK, or China or Russia. Or African nations or EU? No country is fully transparent. You are just echoing this MSM narrative, this report is from a westerner and not Chinese.
@@iechuanlee9326 Democratic countries have more inclusive institutions therefore are less opaque. So what Pascal is a westerner?
Just be truthful when you accuse or blame. If you are not sure, wait until you are.
the data laws of keeping customer data in servers of the country where the data is coming from, is not only from China, but USA and EU.
Yes
congratulations for your wonderful job and insightful view. Maybe the analysis from Mathew Ehret helps to understand the political environment in the subject! what you think about his work, have you read some of his books or youtube videos'
I know about him, but never looked into it. Wil do. Thx!
Dear Pascal. Interesting analysis. I was wondering if would you be keen on making a video on BRICS. It is quite a hot topic. Especially due to the upcoming BRICS summit in South Africa in August, and also due to the ongoing geopolitical situation surrounding it. Do you think you will be digging in this topic?
I will include in a future video about Global South
hi Pascal, so clear, and explain so well West position, but west ask for those never was capable to give. And sincerely hear your videos is as always amazing bcz builded from our west culture point of view which make it easy to comprehend, but von der in the middle became not digestive, we got to much seeing her everyday on west news everywhere.
This kind of politician want all about China, only bcz is China, she became not only not good, became not digestive properly, more over is toxic. As always, thank you very much for your points, are fresh water in the desert. Those about the von der its the classic "there's not worst blinds than those that don't wana see " , they, specially pro-nazis in WEF and EC almost should learn from China instead criticize those them even are not capable to build. Europe is suffering a big withdrawn of invest capitals as in US too; there will be one reason, innit?
China is not the risk, our politicians are.
No need to worry, USA. China has already started to de-risk from you .
A China plus One strategy is a very costly strategy as the business entity is doubling up its costs by replicating its business in two diffrent countries instead of a single country and so it will be incurring two sets of compliance costs , two sets of legal costs , two sets of factory building costs, two sets of factory maintenance costs, two sets of staff training costs into two diferent work environments, etc.
Good point!
they will do it for political obedience but once cost and competitiveness factor in they will regret it.
@@stvdmc2011 Add in supply chain issues labor skill level issues which makes de-risking from China, risky.
Yes the cost does go up. But the risk of all your eggs in China? If you have to choose one then going to a country that you won't go to war with has got to be a key factor.
@@Andy-P Geopolitically any war with China will be a major war involving all countries in the region as the countries in the region
There is a reason why Ursula Von de Leyen has blonde hair.
It is bully , it is NOT a competition when only one side(U$A) can change rules.
Just like your classmate(U$A) use his family power coercing the stationary shop(ASML,Japan,..) NOT to sell stationary to you.
Most people have traumatic experience of depending on their parents in childhood. Therefore, it triggers the childhood trauma of dependency in adulthood when one falls into situation where one is dependent on other. It is a risk to depend on other in independent culture. It is not a risk but an acceptable social manner to forn interdependent relationship with other human beings. Independt culture can only form relationship with dogs or slaves.
In Europe or USA do business corporation including foreign owned have to comply to the laws and regulations of the native nation? Do foreign owned corporations in Europe and USA have to be concerned of their values and cultures? If you invest in Middle East such as Dubai and Saudi shouldn't corporations comply to the values and cultures of the Islamic cultures and Values? I am perplexed when you say as if the values and culture of China are alien to Europeans?
Chinese values unfortunate pretty much are alien to Europeans
@PascalCoppens but 4000 years of development to get to this point versus 1000+ to the state of the west , I love the saying by Oscar Wilde ,America went from barbarism to decadence without trying civilisation
The value system in the west is upside down.For instance the child addressed his father or grandpa by calling his name. This according to asian culture is rude or show of disrespect for the elderly.
Recently they have passed laws in California where man dressed in female attire can preached transgrender sex in school.
Secondly the authority can snatch your kid and take a refuge area without the consent of the parents if the kid wants to change his sex.
That language has to be neutral..cannot call a person man or woman or male or female.This rise of wokeism is bizzare and mad.
What to do - ask their politicians to stop playing games & things will be alright
Where'd you go? I'm wondering if you said something wrong about the regime and got Serpentza'd. I doubt it though because this channel is super pro-China. So where are you? I liked your tech "Company Vs Company" videos.
Serpentza, That is your source of information? really?
I recommend you look for a video of his best friend laowhy86 playing with a body with no life in a beach in Taiwan (what a psychopath).
We started a war with China and blame China …lol
To de-risk or decouple, the west has to re-build its own manufacturing before the global south stops supplying any goods to the west. The real risk seems the west runs short of time and resources (natural and human) for the re-build. Europe ex Russia was not endowed much natural resources to start with. For decades the education in high schools and below in the west was sub-par and left the incoming workers unprepared for serious scientific or engineering endeavors, other than pushing buttons.
If you know the purpose of China's great wall. And also if you know the way of China's handling the relationship between the global nations, you should not pretend you don't know that the Chinese is a well educated people and country. You behave the way as you should, you will gain from it.
DE-risking or decoupling from China by the collective West is just too silly and ignorant and is extremely impractical & unthinkable!
NO I DON'T THINK SO, WE GOT TO WORKS TO GOT HER IN TIMES, TIMES WILL DECIDES EVERYTHING, ON THE PLANET EARTHS IN TIMES , TO GO FORDOWARD, WE GOT TO HOPE FOR THE BEST BEST, IN TIMES AND LIFE
My advice is that companies should stay in China get access to the market and tech but invest in other emering markets.
My suggestion? A million Americans study Chinese, move to China and learn all their practices. Mimicry is the best form of flattery.
The US thought it could pour money into China to build everything, even setting up many research labs, with the thought in mind that they could subdue China like they could Japan. But the Chinese were just too large and too smart to let that happen.
As per the recent ASPI Report from Australia, China now is leading dominant in 38 out of 43 areas. The US can’t dominate militarily (even with 50 bases around China) nor can it use the IMF or World Bank to keep China in line. Politicians think maybe the best strategy is to agitate Taiwan so much as to provoke China into a false move, whereupon the US can do what it has done to Russia.
But China won’t. It will just plug away until it has 50% of the world’s best ports, 35% of the trade with 130 countries (in 2 or 3 years!), and the world delinks from the West with BRICS+++, SCO, EAEC, Russia, a CBDC in New Development Bank, etc.
What can the US do, re-industrialise?? Build more bases and aircraft carriers? Ya, sure. Better to study Chinese and a million Americans move there to integrate into their system.
If a business wants to succeed commercially in China it must not inject geopolitics into its business as such a busines wil be viewed and treated as a political entity and not as a business entity as its ulterior motive is political rather than commercial!
Derisking is looking what would happen if there is none or limited resources from china. Very few people tought Russia would invade Ukraine or that North Stream would be destroyed.
There is more people that think China will invade Taiwan and there will be a naval blockade.
Ur outcomes are always a new perspectives and point of views are from the other demension. Most of people dont seem to remember one fact about how to manage things and assertiveness of succes in daily life when they talk about chinese and their culture is that chinese civilisation is one of the oldest and longest continual civilisation on earth. They always manged to seek the opportunities and find the way and assertiveness to achieves things. Otherwise their civilisation cant be survived so long even time by time they were invaded or governed by outsider and still they managed to come back with more civilised and assertives. Their civilisation always fall when they turn inward. To them turning inward is like turning backward.
I like your last sentence. Thanks!
When you cannot De-stabize. De-risk and De-couple so you can form your own G7 so remain as Superpower.
Decoupling the hegemonic currency of the rogue nation is the correct action for the world to establish justice, harmony, peace and prosperity
and when west media de-talk about china?
If the enemy is making mistakes do not point the mistakes out. Just let your enemy destroy himself. The USA is rotting from the inside so don't tell them what they are doing wrong.
- For a country that wants to share a better future with everyone else, talks of world domination are far-fetched.
- For a country that builds infrastructure for less-developed nations so they can stand on their own feet to feed their people, talks of debt traps are irrelevant.
- For a country that wants to make friends with all nations around the globe, big and small, and even with the big bully who tries all sorts of intimidations, threats, sanctions, etc. to beat it into submission, talks of an ever expanding military might to scare off its neighbors and the world at large are simply nonsense.
China pushed ahead with its Belt & Road Initiative to build up wealth and prosperity to all countries along the route. Everywhere it goes, there needs to be a peaceful environment for businesses to prosper. In this sense, China is an angel of peace. Compared that to the devil who seeks to create chaos and wars and destructions and deaths to advance the interests of its armament industry that, predictably, controls the election purses of each and every American politician and any person of average intelligence can see the differences clearly for himself.
You believe all this propoganda? Just ask the people of countries where China is involved and you will stop believing this
For people don't understand this G7 "De-risking but not decoupling" BS.
Just tell your wife , you want to De-risking but not decoupling from her.
I don't want to know what happen after that.
Europeans have been emotionally joined with the US and behave irrationally for their own interest. Cooperating with China which strives for common prosperity will help improve their lives. America has been acting belligerently with sanctions, bans, and legislations targeting only Chinese entities totally against its own liberal capitalist principles.
Don't you talk about what pushed China to retaliate with banning the 2 raw materials ?
Just adopts China's win win policy.
This "de-risking" business is so neurotic, fraudulent, and self-centered. We could, if we liked, open negotiations and make some deals with China to benefit both of us. But we'd rather isolate, and point fingers at dangerous China, so we will be lost in the shuffle and left behind.
India bought hundreds of DJI drones company from China and India confiscated the drones without paying DJI. Recently India tried to order drones from DJI. DJI refused to sell their drones to India due to high risk trade. shaomei cell phones shipped to India also confiscated by Indian and lost their money that cost them 10 years to recover the lost. I don’t understand what these Chinese companies thinking why they do business with Indian. Chinese have so many products that globally want. I can’t see Chinese need to purchase things from India.
Missing you.
They ended up lost trillion dollars and Modi wanted Indian own company like apple. Foxconn and apple sold to Indian company for less the 10% it cost to build the manufacturing company. The main purpose of India to move is to have Indian own company. I watched the Foxconn TH-cam and Apple after they established the manufacturing company in India. I believe that is the trap for these two companies.