@@carlosmiranda5091 Videos like this make me so grateful for being born in Taiwan. While China economy is struggling we are advancing I smell propaganda here
@@brunojm7282 It does, with Trade Surplus in June 2024 100 Billion Dollars in Comparison to US extra 1 Trillion dollars in National Debts in 3 months is definitely a Humiliation of the Century and don't see how it can change in the future.
In Japan, most families had money even if children was unemployed. In china, everyone struggles, it's really sad after such a long run. If only officials had given true statements of their province gdp etc, it wouldn't look so crazy...
I think it hit them hard the minute they try to sanction overseas business. Now every major companies from overseas is moving out. Japan moved forward and open their boarder after ww2 and their economy thrived while China is moving backwards.
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Oh, finally the economists understand what I was saying 20 years ago and told my wife 15 years go. Japan crashed when it became unviable in the production of cheap goods. China was always going to face the same problems with significant differences. Both increased wages but China has the CCPs agresive international stance making it more fragile. Japan created a level of wealth in its population that gave it a resiliance to a crash while Chinas people overal are stil poor, with people living hand to mouth and then encouraged to invest in property. 20 years ago I knew those things and I only did year 11 economics. The question is, why didnt the CCP see it and stop Xi from fucking up international trade relations this early on. 20 more years China may have survived. Right now...
Those who destroy nature will be destroyed, oh well , keep behaving in a greedy way not caring for your own people and even less for animals and this us what you get
@@Chan9876h poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
@@lambertgiang 100 billion dollars is a tiny fraction of the debt that's coming due. Are you REALLY this ignorant? LOL. Excellent. Evil countries run by evil parties SHOULD fall!
@@lambertgiang poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
By cutting the outside investment and having sanctions on export hurt dramatically. Most low income jobs vanished and go from saving money and buy only necessities, to barely managing paying for everything, to hardly earning to feed your self and being homeless. They create a wave that go up. First night clubs, small shops, then big stores and chain stores. Closing malls is the most alarming. Now even the rich are starting to run out of money. Its a spiral every economist fear.
I understand people's will to survive, but I don't feel bad for these businesses and sellers online. Most of them have no morals and would even hit employees. If you are selling fake food knowingly or building tofu dreg, I'm glad you are not only shut down but so much in debt you can't reopen.
@@DaveBesmer-vz1ee no no, some people only notice these things when it’s on Chinese news… as if this isn’t happening in USA, England, France… they pretend like this is only Chinese issues.
I'm not actually gloating because it will mean misery for hundreds of millions of people but the CCP has set China up for two lost generations. They loaded people up with debt, then cut their wages. There is no way out for them. The current upcoming generation will have nowhere to go. The birth rate, which was already bad is going to tank completely because people can hardly support themselves, let alone having a child, let alone having three children. China as an economic behemoth, if it happens, won't happen this century. The CCP has very effectively put its people, which it doesn't care about, in the poor house.
The biggest difference between post-bubble Japan and present day China is that Japan didn't focus huge subsidies on export industries like electric cars while spending billions on the military to destroy the global free trade order which makes China's export economy possible.
Just finished the business trip to China last Saturday , transit in TFU(Chengdu) and the domestic terminal still busy and crownded because of the summer , but the International Terminal was the complete opposite 🤔🤔😐😐
Because they have been poor for so long, where everyone was poor…. Thru the cultural revolution, no one was educated, no capitalism, no development. When someone can become rich they become proud leaving behind their old life and seeing their peers who are still poor and feel very prideful
FOR DECADES THIS COUNTRY HAS BASED ALL IT DID ON PROFITS AT ANY COST TO WORKERS OR THE PUBLIC, NOW IT'S GETTING WHAT IT DESERVES. I SPEAK OF THOSE WHO WERE CORRUPT NOT THESE HARD-WORKING OWNERS!!
Every one in China is an influencer, or an uber driver, or an ecommerce seller. It cannot carry on. What is the unemployment rate? We all know that youth unemployment is high, but what of the general population
too many people already. it is time to increase individual consumption instead of increasing population. decreasing housing price will increase personal consumption. most individual wealth is in the concrete boxes of empty houses 😞
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
A lot worse than Japan's Lost Decades. Japan's unemployment never went higher than 5.5% during the 30 years of stagnation. The top manufacturers on the home islands were re-located to the USA (automotive) & Taiwan. (electronics) As their cars became the best sellers in the states they would exchange US Dollars for Yen to keep their home island business afloat and their social government services replenished. All because Japan is a major part of the International Exchange which China is not.
Well, to the lovely emperor of china, this is what happens when you go around slapping other countries to show dominance, people cut off ties with you!
I just don’t understand how the economy can be growing at 5% but no one has money. Where is that growth going? True some of it is faked by adjusting growth previous years GDP but 5% is huge. Is it a two tiered system?
So this time China's economy only in stagnation? No more collapsing? Yeah, I guess it's pretty boring saying the same thing over decades. So refreshing to hear stagnation instead of collapse again and again 😊
Why don’t people want to spend? It couldn’t have anything to do with high unemployment rate, could it? Age caps on hiring? Businesses fleeing China because it’s no longer safe with the new laws? Deliberate catastrophic flooding instigated by the ccp? (But yet no funds or assistance from the local government or Beijing, that I can tell) At the other end of the spectrum there’s terrible droughts, but also other extreme weather events like huge hail, tornadoes, typhoons and what have you, those couldn’t have anything to do with that, could they? Or how about employees not being paid for months or years? Claw backs of bonuses and decreased wages (sometimes hugely)? Banks limiting withdrawals? The police consistently suppressing the people and their rights? I could go on yet, like increasing bills, random fines, man there’s just so much material, how does one choose? But nah, it can’t be any of those, it must be that people are just going against the ccp, that’s why they don’t want to spend money.
The aggregator platforms, whether they be e-commerce or malls all got too greedy. But behind this is the government is investing overseas rather than in their own country. Even the big flashy projects were meant to impress overseas audiences rather than serve the Chinese people.
Patriotism of Xinnie PorkPooh #slopaganda #misery #shillbroth #tubecensor - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices and pay are experiencing hyperstagdeflation while necessities are undergoing hyper flation. -Youth unemployment hits over 21% (in reality 75%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 90%+ without streams, and middle class people over 35 will all be laid off with pays trimmed in half. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 1-2 dollars while you drink Poop Water and eat gasoline cooking oil while the Party and Porkpooh eat Tegong Special food supplies. Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card Arctic Catfish Shenzhen: laughs at how Leeks feed her Fei Fei Li the AI Spy and stealer-Has ties to the Party with Tsinghua University WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Giving money to people would boost spending and recover economy. Downside of this is gigantic inflation, but other choice is going deflation and lost decades like Japan.
China is going to loose a lot more than just a decade. The world finally figured out that China is unworthy and not trustworthy so the world is turning its back on China. This will not change. There is no comparison between Japan and China.
I suspect the same thing would happen in the US, but for all the Creditcard spending and other debt piling up with the consumers. I am from the Netherlands and, actually believe it or not, but our largest economic problem is a large shortage of workers here! It's hard to find employees and some business are quitting for this reason. We also have very low debt, with public debt to GDP less then 50%! But PLEASE don't tell anyone about all of this, because everyone would come here and it would be very crowded 😂
Yeah, you're from the Netherlands. LOL Sure. Let's talk about why a plurality voted AGAINST the status quo parties and voted for ANTI-IMMIGRANT parties? LOL. Look up the term "Global Reserve Currency" to cure your "ignorance" about the US. I'm surprised, being from "the Netherlands", that you're still IGNORANT about this fact.
Poor little ChyChy! Can’t Emperor Winnie The Pooh save you? 😂😂😂😂😂 At least the comments section is full of expressions of sympathy and concern for the plight of this noble nation. I’m sure the citizens of the sovereign nation state of Taiwan are deeply concerned for your hardships. 😂😂😂😂😂
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Isaiah 13:11 And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
@@lambertgiang poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Japan had a flourishing economy and booming stock market, then the us devalued the dollar by half and suddenly 7 of the top banks in the world were in Japan, thw average Japanese doubled their effective income. This created an artificial boom that made it too expensive to produce anything in Japan. China has a greater than 50% drop in the stock market and real estate while actual unemployment is higher than 50% while the only industries china has are massively overbuilt because the government put trillions into them causing the world to pass tariffs against them while China is trying to bullet the entire world while siding with Russia isolating them further. This is greater than the great depression while the government itself is a blatant kleptocracy kidnapping the rich to steal their money confiscating bank accounts, even government employees aren't being paid and even having past wages repossessed. Add in china has the oldest population in history, pensions and unemployment collapsed, this is the worst depression in history except you can't separate how much much the communiat are doing it through direct theft and corruption.
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Population needs to be in balance with jobs, resources, nature and the environment. Having a bigger population in any country than the country can support makes no sense. Access to food, water, shelter, energy and jobs should guide population levels. The worlds population is still expected to add another billion people to feed, clothe and produce pollution. Humans are crowding out all other species of plants and animals. Education and birth control are key to reducing poverty and hunger. Having a child that you can not provide for yourself is cruel and irresponsible. We need solutions not just sympathy. Endless population growth is not sustainable on a finite planet. Every country needs to "TRY" to be more self sufficient. When there are not enough resources to sustain a population something has to give. Countries need to focus on quality of life for their citizens and not just quantity of life for cheap labor. Why import fossil fuels when wind and solar energy can be produced locally and solar energy can power electric vehicles. We need solutions not just sympathy.
It's going to take years for China to recover. Their water isn't safe to drink because of the chemicals used in farming. The land is poisoned too. The citizens can't be healthy if even the air is dangerous. Their leaders know that, they eat organic food and use air purifiers, they need to make the changes, and make it known so that their children and grandchildren will reap the benefits. I hope they do, money does no good if you can't survive the environment.
Can you, at least once, talk about an issue without whataboutism? Can you present an argument or opinion that does not mention the US or it's allies? Because it's just deflection
Uh, China economy depends on manufacturering. The world isn't buying, do you not listen to the video? Those EVs are junk, the upheaval in confidence is in your brain.
In comparison to the us…. Not focus on china. Ccp since covid has alienated a lot of their business partners, their every inch belonging to china pushes away trade…. No wonder ppl going to entertainment to get lost and forget their misery. Did you know the cosmetics industry and entertainment is the highest during depression? You just proved it.
@@mariaparabello6344 OF course if you had an understanding of what the economic situation is ten what is being told here is bullshit. And if what happened in US and its allies you cannot stand then get used to it.
@@mariaparabello6344 Haha, TH-cam deleted my Reply to You, If you have been to China lately or Knew Someone just been back from China then you will know being misinformed.
"3rd tier.. 4th tier... 2nd tier... 1st tier.." KINDA makes is sound ENTIRELY like an economic "class system" to me. Much like the social/financial caste system in India?! Or would that be vice-versa?? Just sounds, so... IDK... "Judgy!?!" At least that's my takeaway here, maybe I'm wrong, but will look into this further. Hmmm... !! The "people" there gotsta start focusing on more than just freaking "fiat money". One would THINK, that after "millennia" of experience, this'd be BLATANTLY apparent. ...Or does it just go to show how programmable "people" truly are?? Interesting, to say the least... "Western" cultures should take a long, hard look at this and learn from it. Like QUICK, too!! And for being SO "Anti-Capitalism," these guys sure do focus a LOT on capital... JUST sayin.'
The city tier-ranking system is elitist and unnecessary. The people there don't mind and it makes them feel special compared to the lower tiers. The hukou household registration system is also elitist and designed to keep people in their place with very limited socio-economic mobility.
@@icemann4699 Yes, this is what I thought. It serves ONLY to feed the ego of the individual which directly effects the immediate "group." Hence, (I would venture,) a HUGE reason behind most of the social inequities and problems that everyone's crying about today... This is one of the MOST basic "divide and conquer" stratagems known to a society. Along with depravity. I GET what a tiered system is designed for, it's just I thought that everyone could see through the micro-thin veneer of such a broken "system." ESPECIALLY "today," with information at almost everyone's fingertips. And if not their own, then someone that they know most definitely has access. It's a wonder that these cats have made it as long as they have. Surely, at the VERY lest, they've not made it this far contentedly. You SAY that they "don't mind" but I wonder... is that simply because they don't KNOW better or is it that this is what they are "programmed" with, from birth?? Or both?!? It's a wonder that they've not turned on each other by now... : / Here's hoping for that forever allusive "benevolent dictatorship." Eh!? Before they DO realize there's a MUCH better way to "live" withOUT a fiat monetary system, acting as their (quite literal) god. Moral decay is just so... Ugly!!! : / Thanks for your RE. Always appreciated. : ) Cheers!!
@@ethericbliss23 I would say it's mostly cultural and also the clan mindset. People are very status conscious and image is very important. China is also not as cohesive as outsiders may think. Inside China the separate regions and provinces have their own identities. Chinese is a national identity and a diverse group. An official ID (even a Chinese passport) issued from one region is often not recognized by another region. Outside of China, they would identify themselves as Chinese or Han to have a sense of identity. "Han" itself is a 20th century political construct used to promote a national identity and unity.
@@icemann4699 Right. Thanks for the insight. Sounds very, VERY egocentric. And that mindset is cultivated even, throughout ALL "levels" of this culture. Which leads to the narcissistic, sociopathic and obsequiously sycophantic behavior that "we" are witnessing now, with every facet, regardless of economic income. Sad, really!! : ( Thank you for the affirmations and information. : ) Cheers!!
Does this reporter speak English? Very hard to understand that accent.. Australian? Anyway .... drawing similarities to Japan is incorrect. Japan had a different banking system, higher barriers to foreign competition that China and overall a non innovative work culture. Very different environment.
This train wreck was long in coming, and has not yet arrived. We all see it coming. No amount of propaganda will wash this economic malaise away. The Chinese people must just grit their teeth and live through it. Yet it all could have played out much differently. It is, sadly, too little too late. All the scheming and not playing by international rules, the rest of the world is now very unsympathetic to their pain. I do worry for my Chinese friends. They, too, see this coming.
China should have taken notes from Japan and Korea. Instead of fragmented industries they should have solidified these industries into single Chaebols and Zaibatsus. It assures cash flow and consistency of product quality. Just look at Lenovo, theyre still raking in crazy profits
![[LIVE] : ONE ลุมพินี 86 | คู่เอก "คมเพชร vs ชาติพยัคฆ์"](http://i.ytimg.com/vi/m3q_dRYDuU8/mqdefault.jpg)
Videos like this make me so grateful for being born in Taiwan. While China economy is struggling we are advancing
Vietnamese here, Taiwan is an independent country
Taiwan continues the many traditions that Mao stifled and desecrated
China is not part of taiwan
Taiwan is also very fucked up. I go every 2 months and here in China since 2008. Full of Taiwanese business in Shanghai and Shenzhen.
@@carlosmiranda5091 Videos like this make me so grateful for being born in Taiwan. While China economy is struggling we are advancing
I smell propaganda here
This is the start of another century of humiliation but,this time, self inflicted…
@@brunojm7282 It does, with Trade Surplus in June 2024 100 Billion Dollars in Comparison to US extra 1 Trillion dollars in National Debts in 3 months is definitely a Humiliation of the Century and don't see how it can change in the future.
@@brunojm7282 oh yes.like the 35 Trillion Debts and mushrooming.
The original so-called 'Centre of Humiliation' was self-inflicted too. For the same reasons.
@@brunojm7282 they wanna unify Taiwan because without Taiwan, they are stuck in the humiliation
And the USA/Western Europe is Next...Just Fake it until U Break it
In Japan, most families had money even if children was unemployed. In china, everyone struggles, it's really sad after such a long run. If only officials had given true statements of their province gdp etc, it wouldn't look so crazy...
Not everyone. And they struggle because they all were brainless and bought real estate condominiums.
what a loser
I think it hit them hard the minute they try to sanction overseas business. Now every major companies from overseas is moving out. Japan moved forward and open their boarder after ww2 and their economy thrived while China is moving backwards.
@@Pats308
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Lone wolf warrior policy - ‘how to lose international business’ maybe a better description of the policy.
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Oh, finally the economists understand what I was saying 20 years ago and told my wife 15 years go. Japan crashed when it became unviable in the production of cheap goods. China was always going to face the same problems with significant differences. Both increased wages but China has the CCPs agresive international stance making it more fragile. Japan created a level of wealth in its population that gave it a resiliance to a crash while Chinas people overal are stil poor, with people living hand to mouth and then encouraged to invest in property. 20 years ago I knew those things and I only did year 11 economics. The question is, why didnt the CCP see it and stop Xi from fucking up international trade relations this early on. 20 more years China may have survived. Right now...
@@theantitheocrat6232 yes, now the Chinese realize how communism is workers paradise…
Those who destroy nature will be destroyed, oh well , keep behaving in a greedy way not caring for your own people and even less for animals and this us what you get
The cause of this is not nature related. It is geopolitical.
Has nothing to do at all with nature
Yes it does , you can't cut a flower without disturbing a star
agree
Keep up the excellent reporting. The time has come 📃📃📃
Sunny days in China are CGI.
The sky don't lie!
You mean BBC？😂
@@Chan9876h No, that's what they say on The China Show.
@@Chan9876h poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
"The economy has lost its vitality" is the best summary of the current state of China.
@@newbiekhyber It does with a Trade Surplus of 100 Billion Dollars in June 2024. Should have been more Right?
@@lambertgiang 100 billion dollars is a tiny fraction of the debt that's coming due. Are you REALLY this ignorant? LOL. Excellent. Evil countries run by evil parties SHOULD fall!
@@lambertgiang poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
China GDP is going to be 5% (according to IMF and WorldBank) and the US is only 2+ %. What stagnation?
I think the economy is crashing rather than being on a low as a whole.
By cutting the outside investment and having sanctions on export hurt dramatically. Most low income jobs vanished and go from saving money and buy only necessities, to barely managing paying for everything, to hardly earning to feed your self and being homeless. They create a wave that go up. First night clubs, small shops, then big stores and chain stores. Closing malls is the most alarming. Now even the rich are starting to run out of money. Its a spiral every economist fear.
I understand people's will to survive, but I don't feel bad for these businesses and sellers online. Most of them have no morals and would even hit employees. If you are selling fake food knowingly or building tofu dreg, I'm glad you are not only shut down but so much in debt you can't reopen.
Like your country has no morals.
@@DK-gj5sp Triggered! LOL.
And who do you suppose is to blame for all this misery?
In case you're wondering, _this_ is what a Death Spiral looks like.
@@DaveBesmer-vz1ee no no, some people only notice these things when it’s on Chinese news… as if this isn’t happening in USA, England, France… they pretend like this is only Chinese issues.
I'm not actually gloating because it will mean misery for hundreds of millions of people but the CCP has set China up for two lost generations. They loaded people up with debt, then cut their wages. There is no way out for them. The current upcoming generation will have nowhere to go.
The birth rate, which was already bad is going to tank completely because people can hardly support themselves, let alone having a child, let alone having three children.
China as an economic behemoth, if it happens, won't happen this century. The CCP has very effectively put its people, which it doesn't care about, in the poor house.
When one is not grateful n forget other people good deed. They cannot escape KARMA. Are we seeing KARMA in play?
@@hermansudjati USA?
I was thinking the same.
@@lambertgiangdoubt it. Not everyone in the USA is ungrateful
@@mvc2177 True, I was referring to the Politicians
Winnie failing down economy
Winnie and his friends are dragging the whole 100 Acre Wood down the toilet
@@rogerbartlet5720 hahahahaha
Don't worry about him. I am sure he has plenty of honey jars stashed
@@jujubees5855 honey pot
@@rogerbartlet5720 and your miserable country doesn't even have toilets
Reducing the low quality near-immediate waste is better for the environment. Good job on the "green revolution" Xi!
The only way to win/change is to farm. Just feed people and then grow a good society.
Have you actually been watching? 🤔 Between floods and drought, and problematic land use, will farmers have any yield at all this year??
@@pennycandyys yes, they need to do better. Move farming to better regions. If they don’t a modern day famine will come.
@@pennycandyys those jobs will never come back. They need to get ahead of it. But they won’t.
@@pennycandyys US?
@@blacksand6368 Well Fed and being Proven with Olympic Medals in France.
Soon China will need a Belt and Road assistant from the CCP 😂😂😂😂😂😂
There’s more to life than money !!!
The biggest difference between post-bubble Japan and present day China is that Japan didn't focus huge subsidies on export industries like electric cars while spending billions on the military to destroy the global free trade order which makes China's export economy possible.
Just finished the business trip to China last Saturday , transit in TFU(Chengdu) and the domestic terminal still busy and crownded because of the summer , but the International Terminal was the complete opposite 🤔🤔😐😐
No tourism?
@@paradoksparadoks6299 Yeah , seemed to have no International tour groups , even the ones from my country .
Everything is always a competition from being rich to being poor.I don't get it😮
Because they have been poor for so long, where everyone was poor…. Thru the cultural revolution, no one was educated, no capitalism, no development.
When someone can become rich they become proud leaving behind their old life and seeing their peers who are still poor and feel very prideful
FOR DECADES THIS COUNTRY HAS BASED ALL IT DID ON PROFITS AT ANY COST TO WORKERS OR THE PUBLIC, NOW IT'S GETTING WHAT IT DESERVES. I SPEAK OF THOSE WHO WERE CORRUPT NOT THESE HARD-WORKING OWNERS!!
You reap what you sow.
Every one in China is an influencer, or an uber driver, or an ecommerce seller.
It cannot carry on.
What is the unemployment rate?
We all know that youth unemployment is high, but what of the general population
It's not just high youth unemployment its most of society.
The poor poor people will be dying in record numbers soon! I feel sick!
Inflation is not prices its the increase in the money supply only. The professor
I was going to take a 3rd tour of China but now I don’t think so. Got other countries I’d rather visit.
the crazy thing is people aren't saving money they got no money since the workers never got paid, almost every business owners ran away with the money
The feeling of surreality must be…surreal. From 5 years ago to now? Must be mind-blowing.
The will never admit this ...
Thank you buddy
too many people already. it is time to increase individual consumption instead of increasing population. decreasing housing price will increase personal consumption. most individual wealth is in the concrete boxes of empty houses 😞
Aren't we do powerful and amazing?!!!!!!!
the world "uh no".
Ain’t no difference between us and them right now… we are all suffering.
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Great video! Good collection of troubles that China is undoubtedly going through right now. Well done.
A lot worse than Japan's Lost Decades. Japan's unemployment never went higher than 5.5% during the 30 years of stagnation. The top manufacturers on the home islands were re-located to the USA (automotive) & Taiwan. (electronics) As their cars became the best sellers in the states they would exchange US Dollars for Yen to keep their home island business afloat and their social government services replenished. All because Japan is a major part of the International Exchange which China is not.
30 years of stagnation... That is insane. How can a country endure that?
@@paradoksparadoks6299 40+ years old and living in parents home and watch TV all day - super depressing.
@@pcofranc it is like Turkey then. We are the same now.
It quite clear that people are not spending money
Well, to the lovely emperor of china, this is what happens when you go around slapping other countries to show dominance, people cut off ties with you!
Hey USA wants war with China in Asia and soon
I just don’t understand how the economy can be growing at 5% but no one has money. Where is that growth going? True some of it is faked by adjusting growth previous years GDP but 5% is huge. Is it a two tiered system?
Your problem is you believe the LIES that the Communists tell you.
Rise up people of China
Its like, all the rich people left to be americans or thai
Yeah, and took the employees' wages with them. We should send them back until they pay those wages . 😡
What to expect from an open jail like China?
So this time China's economy only in stagnation? No more collapsing? Yeah, I guess it's pretty boring saying the same thing over decades. So refreshing to hear stagnation instead of collapse again and again 😊
Why don’t people want to spend?
It couldn’t have anything to do with high unemployment rate, could it? Age caps on hiring? Businesses fleeing China because it’s no longer safe with the new laws? Deliberate catastrophic flooding instigated by the ccp? (But yet no funds or assistance from the local government or Beijing, that I can tell) At the other end of the spectrum there’s terrible droughts, but also other extreme weather events like huge hail, tornadoes, typhoons and what have you, those couldn’t have anything to do with that, could they? Or how about employees not being paid for months or years? Claw backs of bonuses and decreased wages (sometimes hugely)? Banks limiting withdrawals? The police consistently suppressing the people and their rights? I could go on yet, like increasing bills, random fines, man there’s just so much material, how does one choose?
But nah, it can’t be any of those, it must be that people are just going against the ccp, that’s why they don’t want to spend money.
Like England...
Oh yeah...well I've been cutting my own hair for 12 years....
The aggregator platforms, whether they be e-commerce or malls all got too greedy. But behind this is the government is investing overseas rather than in their own country. Even the big flashy projects were meant to impress overseas audiences rather than serve the Chinese people.
Good
Patriotism of Xinnie PorkPooh #slopaganda #misery #shillbroth #tubecensor
- With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
-Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
-Tofu Exports and Western imports, accounting for 37% GDP, are down.
-Foreign investment is falling over 90% compared to it's peak in 2018.
-Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left.
-Consumer prices and pay are experiencing hyperstagdeflation while necessities are undergoing hyper flation.
-Youth unemployment hits over 21% (in reality 75%+ after eliminating faked numbers), a record.
-It's fast shrinking workforce is 10 years old than neighboring countries.
- During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while it's economy is only half of them.
- Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
- This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE.
-- in the future house prices will drop to 10%, youth unemployment will be over 90%+ without streams, and middle class people over 35 will all be laid off with pays trimmed in half.
How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 1-2 dollars while you drink Poop Water and eat gasoline cooking oil while the Party and Porkpooh eat Tegong Special food supplies.
Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
Arctic Catfish Shenzhen: laughs at how Leeks feed her
Fei Fei Li the AI Spy and stealer-Has ties to the Party with Tsinghua University
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
Your comment is awesome ❤
@@m.h.f3350 Speaking of which... CHYNA SHOW! BRING BACK THE SLOPAGANDA FART SOUNDS AND THOMAS THE TANK ENGINE!
Bot and loser
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Nice 🇺🇸
Giving money to people would boost spending and recover economy. Downside of this is gigantic inflation, but other choice is going deflation and lost decades like Japan.
China is going to loose a lot more than just a decade. The world finally figured out that China is unworthy and not trustworthy so the world is turning its back on China. This will not change. There is no comparison between Japan and China.
I suspect the same thing would happen in the US, but for all the Creditcard spending and other debt piling up with the consumers. I am from the Netherlands and, actually believe it or not, but our largest economic problem is a large shortage of workers here! It's hard to find employees and some business are quitting for this reason. We also have very low debt, with public debt to GDP less then 50%!
But PLEASE don't tell anyone about all of this, because everyone would come here and it would be very crowded 😂
Yeah, you're from the Netherlands. LOL Sure. Let's talk about why a plurality voted AGAINST the status quo parties and voted for ANTI-IMMIGRANT parties? LOL. Look up the term "Global Reserve Currency" to cure your "ignorance" about the US. I'm surprised, being from "the Netherlands", that you're still IGNORANT about this fact.
Poor little ChyChy! Can’t Emperor Winnie The Pooh save you? 😂😂😂😂😂
At least the comments section is full of expressions of sympathy and concern for the plight of this noble nation.
I’m sure the citizens of the sovereign nation state of Taiwan are deeply concerned for your hardships.
😂😂😂😂😂
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Ponzi scheme blowing up in your faces? For long term existence you must provide a product or service that clients find to be of value.
And low scruples when it come to bullying other countries
You must be out your mind if you're going to eat recycled Chinese food
Isaiah 13:11
And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
Why is he focusing on e-commerce in China?
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Where all the hair and Temu money going… that’s wild
They had the boom.😊
Now they are going to have the bust.🥴
And yet rich Chinese come to our country (New Zealand) and buy up land and buildings
Sure, the top 1% and CCP insiders gotta stash the loot somewhere
yes its very noticable.
People only need so much stuff, they don't need much more.
YUP…..HOW MANY SHIRTS Could YOU WEAR when YOU have 30 Already ?
One thing remains high: pollution.
@@kamaboko1 US, No Doubt.
@@lambertgiang China is a pollution filled mess. The streets, the air, and the water. The dirtiest country I've ever been to.
@@lambertgiang poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
@@kamaboko1 and a deep hatred for Japanese and westerners
There’s no peace in chaos…
Sounds like its time to go back to bartering and subsistence farming
Japan had a flourishing economy and booming stock market, then the us devalued the dollar by half and suddenly 7 of the top banks in the world were in Japan, thw average Japanese doubled their effective income. This created an artificial boom that made it too expensive to produce anything in Japan.
China has a greater than 50% drop in the stock market and real estate while actual unemployment is higher than 50% while the only industries china has are massively overbuilt because the government put trillions into them causing the world to pass tariffs against them while China is trying to bullet the entire world while siding with Russia isolating them further.
This is greater than the great depression while the government itself is a blatant kleptocracy kidnapping the rich to steal their money confiscating bank accounts, even government employees aren't being paid and even having past wages repossessed.
Add in china has the oldest population in history, pensions and unemployment collapsed, this is the worst depression in history except you can't separate how much much the communiat are doing it through direct theft and corruption.
Thanks for sharing
China can go back to the old days. The people looks good in white shirt, blue pants and khaki cap. Hourray.
poorrr chaynaa,, you can clearly see the bitterness in the comments from bots and chayna ccpp propaganda people that they envy Taiwan... Taiwan has more jobs on its advance economy, more food for the people, disciplined people, good to do business, good health system, more tourist, and alot of countries support Taiwan like US and Japan and Australia giving more jobs and food for Taiwan.. while in chaynaaa ccpppp, Xi jing Pig is crying because his diabetic and greedy hahahahahahahahahaha
Lower wages, fewer jobs, what do they expect?
You could take all that corn and give it too the poor. Doesn't have to be wasted.
Free Tibet, keep Hands off from South Tibet (ArunaChal).
Free nagaland. kashmir and khalistan
"E-commerce" = droppshiping.
canada sorry my bag
Keep on buying Temu😂😂
天有眼, 活該.
Krugman's never right.
Russia: "We'll give up our rich western gas market for a pointless invasion. China will make up the difference.". China: "Sorry, I'm lying flat".
DAMN…..WHAT “ LYING FLAT “ ??
Entering their Great Depression. Sorry for the workers. But who's the guy driving the Corvette near the end?
A Japanese.
Population needs to be in balance with jobs, resources, nature and the environment. Having a bigger population in any country than the country can support makes no sense. Access to food, water, shelter, energy and jobs should guide population levels. The worlds population is still expected to add another billion people to feed, clothe and produce pollution. Humans are crowding out all other species of plants and animals. Education and birth control are key to reducing poverty and hunger. Having a child that you can not provide for yourself is cruel and irresponsible. We need solutions not just sympathy. Endless population growth is not sustainable on a finite planet. Every country needs to "TRY" to be more self sufficient. When there are not enough resources to sustain a population something has to give. Countries need to focus on quality of life for their citizens and not just quantity of life for cheap labor. Why import fossil fuels when wind and solar energy can be produced locally and solar energy can power electric vehicles. We need solutions not just sympathy.
It's going to take years for China to recover. Their water isn't safe to drink because of the chemicals used in farming. The land is poisoned too. The citizens can't be healthy if even the air is dangerous. Their leaders know that, they eat organic food and use air purifiers, they need to make the changes, and make it known so that their children and grandchildren will reap the benefits. I hope they do, money does no good if you can't survive the environment.
What are the seven signs. Too much details
I think the lady narrator needs something to reduce those sharp ‘s sounds’ but I don’t know anything about microphone technology.
stagnation is better than stagflation! At least there is no 3 generations lohn to pay back.
Is that so? high EV sales and record entertainment spending did show signs of upheaval in confidence in comparison to US and its allies.
Can you, at least once, talk about an issue without whataboutism? Can you present an argument or opinion that does not mention the US or it's allies? Because it's just deflection
Uh, China economy depends on manufacturering. The world isn't buying, do you not listen to the video? Those EVs are junk, the upheaval in confidence is in your brain.
In comparison to the us….
Not focus on china.
Ccp since covid has alienated a lot of their business partners, their every inch belonging to china pushes away trade…. No wonder ppl going to entertainment to get lost and forget their misery.
Did you know the cosmetics industry and entertainment is the highest during depression? You just proved it.
@@mariaparabello6344 OF course if you had an understanding of what the economic situation is ten what is being told here is bullshit. And if what happened in US and its allies you cannot stand then get used to it.
@@mariaparabello6344 Haha, TH-cam deleted my Reply to You, If you have been to China lately or Knew Someone just been back from China then you will know being misinformed.
Hah! Sounds like she was describing the USA! 🇺🇸
A kind request to the narrator to upgrade her mic, audio sucks.
probably speaking into a headphones mic
Commenting to boost this in the algorithm (dont know if this will work)
You have the answers.
"3rd tier.. 4th tier... 2nd tier... 1st tier.." KINDA makes is sound ENTIRELY like an economic "class system" to me. Much like the social/financial caste system in India?! Or would that be vice-versa?? Just sounds, so... IDK... "Judgy!?!"
At least that's my takeaway here, maybe I'm wrong, but will look into this further. Hmmm... !! The "people" there gotsta start focusing on more than just freaking "fiat money". One would THINK, that after "millennia" of experience, this'd be BLATANTLY apparent.
...Or does it just go to show how programmable "people" truly are?? Interesting, to say the least...
"Western" cultures should take a long, hard look at this and learn from it. Like QUICK, too!! And for being SO "Anti-Capitalism," these guys sure do focus a LOT on capital...
JUST sayin.'
The city tier-ranking system is elitist and unnecessary. The people there don't mind and it makes them feel special compared to the lower tiers. The hukou household registration system is also elitist and designed to keep people in their place with very limited socio-economic mobility.
@@icemann4699 Yes, this is what I thought. It serves ONLY to feed the ego of the individual which directly effects the immediate "group." Hence, (I would venture,) a HUGE reason behind most of the social inequities and problems that everyone's crying about today... This is one of the MOST basic "divide and conquer" stratagems known to a society. Along with depravity.
I GET what a tiered system is designed for, it's just I thought that everyone could see through the micro-thin veneer of such a broken "system." ESPECIALLY "today," with information at almost everyone's fingertips. And if not their own, then someone that they know most definitely has access.
It's a wonder that these cats have made it as long as they have. Surely, at the VERY lest, they've not made it this far contentedly. You SAY that they "don't mind" but I wonder... is that simply because they don't KNOW better or is it that this is what they are "programmed" with, from birth?? Or both?!?
It's a wonder that they've not turned on each other by now... : / Here's hoping for that forever allusive "benevolent dictatorship." Eh!? Before they DO realize there's a MUCH better way to "live" withOUT a fiat monetary system, acting as their (quite literal) god. Moral decay is just so... Ugly!!! : /
Thanks for your RE. Always appreciated. : ) Cheers!!
@@ethericbliss23 I would say it's mostly cultural and also the clan mindset. People are very status conscious and image is very important. China is also not as cohesive as outsiders may think. Inside China the separate regions and provinces have their own identities. Chinese is a national identity and a diverse group. An official ID (even a Chinese passport) issued from one region is often not recognized by another region. Outside of China, they would identify themselves as Chinese or Han to have a sense of identity. "Han" itself is a 20th century political construct used to promote a national identity and unity.
@@icemann4699 Right. Thanks for the insight. Sounds very, VERY egocentric. And that mindset is cultivated even, throughout ALL "levels" of this culture. Which leads to the narcissistic, sociopathic and obsequiously sycophantic behavior that "we" are witnessing now, with every facet, regardless of economic income. Sad, really!! : (
Thank you for the affirmations and information. : )
Cheers!!
Does this reporter speak English? Very hard to understand that accent.. Australian? Anyway .... drawing similarities to Japan is incorrect. Japan had a different banking system, higher barriers to foreign competition that China and overall a non innovative work culture. Very different environment.
I didn’t find it difficult to understand
Fastest Growth, Fastest Decline. Free your people now!
This train wreck was long in coming, and has not yet arrived. We all see it coming. No amount of propaganda will wash this economic malaise away. The Chinese people must just grit their teeth and live through it. Yet it all could have played out much differently. It is, sadly, too little too late. All the scheming and not playing by international rules, the rest of the world is now very unsympathetic to their pain. I do worry for my Chinese friends. They, too, see this coming.
Capitalist gone so soon
nihilism is the icing on the cake ..
Would poohs hair help?
Pooh has cool hair😮
I just hope Chinese ppl recognize Jesus so they have hope in afterlife.
China retail sales are +2,7% YoY. This is the latest data. Weak, yes, but not really concerning.
Who did the calculations? We know the CCP puts out false numbers regularly.
Invest ALL your money in Chinese real estate... YoY, tell me if you're concerned.
@@thatguyoverthere8355 I will not invest a single cent in chinese real estate. 😁
China have 1.4 billion , don't worry
Where are the homeless?
They have 6 house per person
China should have taken notes from Japan and Korea. Instead of fragmented industries they should have solidified these industries into single Chaebols and Zaibatsus. It assures cash flow and consistency of product quality. Just look at Lenovo, theyre still raking in crazy profits
Foxconn ‘s coming back to China 😄😄😄😄