China's Mounting Economic Headwinds | Bloomberg: The China Show 9/2/2024

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  • @auboisdaline
    @auboisdaline 13 วันที่ผ่านมา +4

    I recently bought some recommended stocks, but now they’ve dropped to penny stock status. With the market tumbling, soaring inflation, and banks going out of business in the last half of 2023 and this year, I'm worried. How can rapid interest-rate hikes benefit a value investor, or is it better to avoid stocks for a while?

  • @ArabicReja973
    @ArabicReja973 13 วันที่ผ่านมา +8

    Chinese property sector, which accounts for 30% of GDP, is crashing.
    - Exports and imports, accounting for 37% GDP, are down.
    - Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
    - Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
    - Consumer prices are experiencing deflation.
    - Youth unemployment hits over 21%, a record.
    - Its fast-shrinking workforce is 10 years older than neighboring countries.
    *Still, China keeps reporting outrageous GDP numbers.* Lol
    Where does the growth come from?

    • @Cwiekoszczak
      @Cwiekoszczak 13 วันที่ผ่านมา +1

      AI dreams, as always.

    • @jaisriram295
      @jaisriram295 13 วันที่ผ่านมา

      Nobody with any brains believes numbers that come out of China...they are probably in a recession in reality but they would never admit it but some data they can't lie about because other countries report their imports from China etc

    • @aritragupta4182
      @aritragupta4182 13 วันที่ผ่านมา +1

      *Where does the growth come from? - The Paramount Leader's Backside, Where Else?*

    • @DylanF.B
      @DylanF.B 13 วันที่ผ่านมา

      @@aritragupta4182China spent 14 years trying to deflate their real estate market,. Now that it has done so it’s not going heavily stimulate real estate again
      In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
      By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
      That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers.
      Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate.
      And thus why you heard about “Sophisticated Foreign Investors” and the Junk Bonds these “Property Developers” were flogging to them these last few years
      Where It took them almost 14 years to get their overheated real estate under control
      Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018
      Why is their Central Government doing this?
      Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen.
      Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need
      In China
      Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married
      Thus the common prosperity push and the crackdown on the overt displays of wealth in China
      Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest

    • @DylanF.B
      @DylanF.B 13 วันที่ผ่านมา

      @@aritragupta4182
      even with their engineered slowdown
      (or else 70% of the people in their city real estate markets would probably be buying their 3rd 4th or 5th homes right about now…. )
      While a few hundred million rural migrants can’t find an affordable home as they migrate to the cities
      And even though these last few years China has been investing a few trillion (hidden loans included) in their belt and road partner countries
      China still averages about 820 billion plus dollar a year trade surplus with the world the last 2 years
      And have a record trade surplus for the first 6 months of 2024
      Even though their Central Government is cracking down into real estate speculation
      Slowing down the economy?
      The Chinese people still added 2.6 trillion to their savings in 2022
      And 1.8 trillion to their savings for first 10 months of 2023. (An increase of 8.5%)
      But with no other viable investment options left these days
      The Chinese Government is actually pushing their people away from investing in real estate, and into investimg in technology/industries instead. (What’s the difference between buying a 4th house vs a 5th house)
      This is where China leads the world in 37 of the 44 critical technologies of the future already
      As they will pile even more money into these future technologies
      My prediction is the Chinese Government will have to step in and regulate yet another overheated sector (technology) in the future
      Where Blinken,Yellen & their successors will have to keep going to China to beg them not to dump their cheap high tech onto the rest of world
      Most people have no clue what’s coming, as they supercharge their exports with their new innovative high tech products
      We can hide our heads in the sand and pretend “it ain’t so”… like that will help us out in the long run
      👇
      Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion)
      The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report.
      Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year.
      Pymnts

  • @tapk1995
    @tapk1995 12 วันที่ผ่านมา

    China is not depreciating. Companies are not getting people for work. Restaurants, hotels r jam packed, Tourists have reduced probably due to visa restrictions. Exports are at peak, manufacturing already picked up and now @110%. Property markets r undergoing natural correction due to ever rising prices that started 2010. Exports peaking to pre pandemic level.

  • @2023gainer
    @2023gainer 13 วันที่ผ่านมา +2

    September delivering Gains for EV and AI sector Dip-buyers.? Joby Evtol Jets.. NKLA.. Nikola EV and Hydrogen trucks . BFRG.. Bullfrog AI up 6 % Fri.. Xpeng..Xos Trucks..Frey expecting revenue in 2025.. VHAI...Zapp Electric motorcycles and more.

  • @tapk1995
    @tapk1995 12 วันที่ผ่านมา

    Why people say deflation when a 150 Sq Feet hotel in Sujouh cost HK$ 900/- a day in old Sujouh Canal Road. A good Chinese dinner at late night Hawker on street in Zhonsheng island cist HK$ 650 for two with 6 cans of beer? Unemployment is world wide issue but I see self employed are busy @80% . Hotels in Shanghai, Sujouh, Zhongshan, Qushan, Xian, Baoji, Guanghan and Chengdu at 80% occupancy. Agriculture at full bloom, job opening in malls posted for sales person in Sujouh at Yuan 7000 yet people not available. Is this news true or Investors want china to pay more stimulus

  • @Mark-ez2vw
    @Mark-ez2vw 13 วันที่ผ่านมา

    Digital silver in a digital age, litecoin is a digital precious metal, not a security. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. The scarcity of litecoin is the key feature of its technology. Everyone tends to flock to digital silver and digital gold, litecoin, and bitcoin, when things aren't going well. Litecoin is a decentralized digital commodity, just like bitcoin, but not even close so heavily concentrated in a few hands like bitcoin is. Both have Proof-of-Work consensus, and both have a limited supply of coins. Only that litecoin is lighter, swifter, and hugely undervalued against bitcoin. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total.

  • @aritragupta4182
    @aritragupta4182 13 วันที่ผ่านมา

    To be fair, it was announced that the central government would bring forward some bond sales dated for later this year and also finance a goods exchange program to stimulate consumption. Let's see how that works.
    Not that I'm a fan of China and would have no problem seeing it dwindle in economic importance.

    • @LanNguyen-vd4zt
      @LanNguyen-vd4zt 13 วันที่ผ่านมา

      The provincial and state banks has already buying up all the bonds instead of lending out to people to make money. That’s how bad the economy is.

  • @jaisriram295
    @jaisriram295 13 วันที่ผ่านมา

    The real question is how long can the CCP keep up the growth charade before it becomes too obvious to hide

    • @Sleeperz9
      @Sleeperz9 13 วันที่ผ่านมา

      As long as the CCP officials can keep on getting their money out of the PRC, they will keep telling XI everything is great

    • @haominwei5702
      @haominwei5702 11 วันที่ผ่านมา

      the real question is when the whole china collapse conspericy ends

  • @VeniceHew83
    @VeniceHew83 13 วันที่ผ่านมา

    The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends. The relationship between policies and the stock market can be complex and multifaceted, and it can take time for the full effects of policies to be reflected in market trends. Therefore, it is possible that policies implemented in the past may have a "lagged effect" on the stock market, as their full impact may not be felt until later on

    • @HelenaTichmann59
      @HelenaTichmann59 13 วันที่ผ่านมา

      I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.

    • @SummerBear74
      @SummerBear74 13 วันที่ผ่านมา

      that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.

    • @HunterZ64
      @HunterZ64 13 วันที่ผ่านมา

      I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?

    • @SummerBear74
      @SummerBear74 13 วันที่ผ่านมา

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

    • @HunterZ64
      @HunterZ64 13 วันที่ผ่านมา

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @ashishanand4mech
    @ashishanand4mech 13 วันที่ผ่านมา +1

    Why do you even do the Chinaa show??

    • @Cwiekoszczak
      @Cwiekoszczak 13 วันที่ผ่านมา

      You have to broadcast something from Asia.

    • @ashishanand4mech
      @ashishanand4mech 13 วันที่ผ่านมา

      China is certainly not worth it

  • @titusp9488
    @titusp9488 13 วันที่ผ่านมา

    15:17 Hao Hong: " Chinese firms holding dollar and investing in Mag7 supporting US markets" = stronger RMB ? WTF?