Not sure that you can consider more than 700 billion USD of US treasuries as reserves. It is just bad debts, noncollectable and worthless. So, China's foreign reserves are not as big as reported, especially when US investments held CIC may be worth very little when people understand that US corporations are also like US, loaded with debt which corporations cannot repay. Tesla and Amazon and many US corporations may have high share price but pay very little or no dividends because they cannot afford to.
as long as US runs deficit on trades with China, China will have trade surplus and continue to accumulate foreign reserve. This will not change as USA needs China like its addicted. 😂
China is faced with pushing forward and financing OBOR with its economy having a huge debt/GDP ratio already well above 300% according to the Institute of International Finance. Christine Lagarde former head of the IMF has in the past raised these concerns and also made it clear that Beijing was fully “aware” of the potential potholes associated around such a massive undertaking as OBOR and underwriting its funding. brucewilds.blogspot.com/2019/04/china-is-cutting-path-forward-through.html
China was well aware of us policies to reduce the deficits, trump or otherwise. It has also taken cognisant of dollar weaponisation. It has since taken aggressive concrete steps to trade with many more other countries. This video did not show china's diversification of risk in this respect.
Today China is the largest most important trading partner for 120 countries around the globe. The tariffs on imports from China will backfire because much of what the US buys from China is not made in the USA, and China’s competitors don’t offer the same quality for the price. The Cold Warriors in Washington are about to take a cold shower. Perhaps it will wake them up.
And exactly what has the US done to "weaponize" it against China, specifically??? Literally, the opposite has been done: China has weaponized the Yuan to take advantage of the dollar (and many other currencies) and make Chinese trade cheaper and to take advantage of global markets to forcibly take more and more market share in their respective industries... knowing that the rest of the world's currencies won't do much to defend against China's own weaponization, because it wouldn't be "right". I say, suhkrew the ChineseYuan and the CCP's dirty currency manipulation practices and weaponize it against the global economy. SMH
Some critics of the plan debunk it as a murky program that could end up being a massive waste of resources. More on this project in the article below. brucewilds.blogspot.com/2018/02/chinas-bold-one-belt-one-road-agenda.html
No. Money won't make Africa and ASEAN escape poverty unless it can also remove the underlying corruption. Ultimately money don't produce anything. It just move around EXISTING resource from one place to another hoping that a new arrangement has better positive externality.
From INDONESIA China is really amazing, with huge of population and human resourcrs or work force talented, innovatived and educated make Chine to be a king and center of technology in the world. With develop infrastructure, make China easy to mobilized both of goods and services, and all aspects. In near future, Chine will defeated USA in science, technology and all aspects. Thanks for amazing video ❤❤❤
If they just use $1 trillion into AFRICA UNITED.latin American and Asia.The impact shall skyrocket and simply grow up to $15T in a period of 22 to 33 years
Dude those markets are very small and immature, they'd get overheat, inflation would go up and the whole system may explode if you put a trillion dollar into them Those regions are massively corrupt so most of the investment would lose 50% of value in 20 years
The US did that decades ago... it didn't do much, LOL. Maybe this time it'll be different since there's much more development in those parts of the world... but... knowing them, they probably won't, unfortunately.
If you said America could help developing countries with that much reserve, most would probably have thought you are guilt tripping America. When you said China could lift many people out of poverty, I immediately thought yeah China is doing that and will likely do more
Most other developing countries have people with brown skin, and there's no record of America helping anyone with brown skin, not even their own brown skinned people.
@@kenyac1310 In 2020, there were an estimated 500,000 Africans living in China. There are 2.1 million African immigrants living in the United States. Why the difference?
@@kenyac1310 lol... the former couldn't be further from the truth. Generally speaking, Chinese people are extremely "raysicst" and think they're "better" than africans or "brown people" you speak of. Like, have you never met a Chinese person or something? LOL. I'm not saying "all" chinese people are like that, however, the majority of them are... to the point where they think their "evolutionary branch" broke off millions of years ago and that "chinese asians" are a distinctly different branch of "human", and therefore better, than the rest of the world. It sounds insane, I know. But many Chinese actually believe this: they literally think they're "superior" to other "rayces". Its sad
When mostly Asean countries join BRICS , Singapore will have a hard time to maintain the bussiness , countries will not need to used Singapore as middle man again.
@@budisuwandhi6818 Actually, I’m certain this doesn’t matter to Singapore. If you have a solid understanding of finance, you’ll know that Singapore remains unaffected. With substantial foreign reserves, it can use these reserves-currencies or assets from other countries-to facilitate trade in their respective currencies. However, it does impact less financially stable countries.
@@budisuwandhi6818 You don’t seem to have a strong understanding of money-making, do you? Singapore has no need to join BRICS, and it seems you don’t fully grasp its purpose. Membership in BRICS comes with obligations that Singapore can easily avoid. What it can achieve with money, it simply buys. Additionally, Singapore invests in companies to generate dividends. With a population of just 6 million to support, managing these strategies is far more straightforward. Singapore has consistently maintained a surplus for decades and will not deplete its reserves. In contrast, most countries operate with deficits and join trading blocs like BRICS to generate wealth and bridge those deficits. Without such measures, they would rely on increased borrowing, further eroding their savings.
@@budisuwandhi6818 You don’t seem to have a strong understanding of money-making, do you? Singapore has no need to join BRICS, and it seems you don’t fully grasp its purpose. Membership in BRICS comes with obligations that Singapore can easily avoid. What it can achieve with money, it simply buys. Additionally, Singapore invests in companies to generate dividends. With a population of just 6 million to support, managing these strategies is far more straightforward. Singapore has consistently maintained a surplus for decades and will not deplete its reserves. In contrast, most countries operate with deficits and join trading blocs like BRICS to generate wealth and bridge those deficits. Without such measures, they would rely on increased borrowing, further eroding their savings.
China are so Strong Economy as we see know there Gdp are now 19.7 Trillion dollars and they have also every industry or companies in this way 1.4 billion population and they generally they built up high money and reserves where government uses there money in other industries and save the other amount as foreign reserves as well as now 3.5 trillion dollars or also one of the biggest reason their population consumption of goodies or daily life needs makes china strong as military or economically 🇨🇳👹 Viva CHINA
@@chingtuckmeng1122 Nobody beats China's "printing tech", I think you mean LMAO... China has literally printed and devalued its currency constantly over the past quarter century in order to manipulate its currency against the dollar and thus make it manufacturing and trade with the rest of the world more favorable and attractive compared to how they naturally would have been otherwise. In fact, I'm kind of envious of how great China has been at leveraging their "printing technology" to take advantage of the naive west, LOL
That's why it can afford to give out loan to the 3rd world countries with its belt n road initiative camouflage as aid to the needy countries on the surface but in truth its high interest wont be easily going to be repay by those poor countries such as Sri lanka, Djibouti where their ports had been taken over by the people republic china due to non payment or delay repayment as that's the real intention of the communist state to grab whatever land they have built but now under their control.
China hving had bn incessantly bullied, attacked, invaded and partially colonised by Westerners + Japanese from 1840 to 1945 is now definitely rising. But as she had had bn world superpower power say two thousand years ago or say a thousand years ago, she has always bn cordial and friendly with all nations unless one is hostile towards her like Japan. Japan did not hv a written language until officials of Tang Dynasty (years 618-907) taught them. But d ungrateful Japanese militarists invaded and tried to occupy China from years 1931 to 1945.
China has literally attacked almost every single country that borders it in the last century, LOL. Also, every thing you said could be said of half a dozen other civilization around the world... it doesn't give them the right to take advantage of their peers either. China should just do what Japan did half a century ago, and rise peacefully and democratically through trade and business like normal countries. China's current "warpath" isn't going to win them any friends or favors on the global stage. Which is unfortunate, because I've known many good chinese people, and I don't want them to suffer like they're about to, SMH
They intentionally buy up large amounts of USD which in turn makes their currency weak and makes Chinese products extremely cheap for international trade. The large foreign reserves is an effect not a cause, nothing is amiss
They're forcefully lowering their currency to give their companies an edge when it comes to export. If they just left it to the market their currency would be more than double the value it has now.
Shouldn't the export income from goods sold go back to the individual companies that sold those goods? How is the money controlled by the state? Can someone explain?
What about China's earnings and savings through recent rise in trade with Russia, India, ASEAN countries, Iran, African nations, Mexico and South American nations, Canada, EU nations, Middel East nations and Australia? How these trade surplus may counter American tarrif embargos under upcomming Trump rule?
"If you failed to pay"? Really? Are you a thug or criminal or something? If you really "FAILED", notice the word here "FAILED", then why bother borrowing in the first place if you "CAN'T" pay up what you borrow? Unless you purposely or intentionally make it "FAIL" in the first place, which mean you're just trying to take other people's belonging but in a subtle or make it like a gentle way a.k.a. "BORROWING"! And don't forget, for those sincere nations, China did on some occasions forgave their debt which happened to more than a dozen countries in Africa. You don't go around borrowing something from others without something to payback, this doesn't happen in reality, even person to person, you will have to pay them back after you borrow, that's the rule, don't tell me you don't understand this, nothing is free in this world especially concerning "BORROW", let this sink in. And one more thing for you to digest, no one in the world is entitled to something called "I WANT YOUR HELP IN FINANCE/SUPPORT, BUT I'M NOT GOING TO GIVE YOU BACK ANYTHING IN RETURN BECAUSE I FEEL ENTITLED IN BEING SO, AND IT IS YOUR OBLIGATION TO DO IT FOR ME", this is the attitude you just show about yourself in your above post.
Our national debt is $36 trillions, and China’s reserve is $3.4 trillions. How can we be the richest country in the world like our politicians have been telling us?
Funnily enough, the US money that going oversea due to imports actually mostly gets circulated back into the US stock market, but your average Joe isn't going to get into any of that riches.
The trade reduction on the Chinese foreign reserves in 2019, it could be attributed to the Covid 19 pandemic and the decoupling of CH and US economies. The main stream (economic analysis) assumes that US is promoting the decoupling, but I think CH wants to be less dependent from exports to US, because the Chinese don't want to be trapped like Japan in the SWIFT system, due to exports dependence to US. That is why the Chinese are trading with other countries in its own currencies. Just remember, the US is the most powerful world importer of goods and services, but also US controls the world payment system (SWIFT). That control allows US to force other countries to buy treasuries bills, which increase artificially the value of the dollar, as the result, US government can impose tariffs to foreign countries, who main exports destination are the US markets. Usually, the countries which economies are based on exports, they have the own currencies undervalue to increase the exports competitiveness, but the price to pay is inflation on the own domestic markets. To avoid the currency depreciation because the export economy, those countries have to increase the amount of reserves currencies like dollars, euros and others strong currencies from the exports market destination. In this case, US is the main target for Chinese exports. US economy is a fundamentally consumption economy, which depends in credit debt expending to grow the GDP, not necessarily in the manufacturing production of goods. That explains the overvalue of US financial instruments (stocks, bonds and options) in the trading markets like Dow Jones. US needs to promote consumers consumption through the debt like credit cards and loans. CH knows well that Japan economy trap is a direct consequence from the exports economy model, which is the main culprit of the enormous Japanese public debt and the higher dollar currency reserves to keep Japanese's yen exchange rate fixed to avoid inflation. CH will avoid the US exports entrapment with the gradual exports decrease and the reduction of treasuries bills portfolio.
You don't understand. If America goes bad on his death then will have a bad credit history in other countries will have a hard time trusting doing business.
if dollar money supply is cut by the fed, you need money. if some states need to be bailed out because the fed increases interest rates dramatically, you need money to make them loyal. if you lose money on savings due to inflation, you need to get indebted and balance out the losses on savings. china is gettong indebted because of that. china is selling us debt because they lose money on them via inflation.
India likes to compare itself to China all the time in their medias, thinking that they are the equal of China, but 0:15 says it all. They are nowhere close to China in terms of every possible metric of wealth/development/technology etc. 🤭Of course the GDP figures of India are much smaller. Just compare India 2024 to China 2007. Officially they have aprox. same GDP and GDP per capita. But China in 2007 already had awesome infrastructure in major cities. By 2007 China already sent men in space several times. In 2007, China high speed rail was already a reality. In 2007 China all household have toilets and connected to sewage system. In 2007 there were no slums in China. In 2007, China was confident they can organize something great in the 2008 Olympics. Sorry India today is nowhere close to China of 2007.Modi and the BJP are cooking their books
India likes to compare itself to China all the time in their medias, thinking that they are the equal of China, but 0:15 says it all. They are nowhere close to China in terms of every possible metric of wealth/development/technology etc. 🤭Over the last four years and ongoing, Indian news outlets have repeatedly stated that India is significantly ahead of China, always pushing the narrative 'India wins, China loses.' So what better way to prove this narrative than at the world's largest sporting event (2024 Paris Olympics). It’s the perfect opportunity for India to showcase their country's progress and human development. All of China’s finest athletes will be there, as well as India’s best, competing alongside the world’s greatest at the highest level. The event will be broadcast globally, with eyes focus on India and China as they compete. So, did India easily win as they claimed they would? Of course not-India lost to China 0 - 40 and India lost to Hong Kong, China 0 - 2. Olympic success is often a reflection of a country's growth and human development. If a nation such as India lacks infrastructure, training facilities, proper nutrition, and access to basic needs like food and water, it will very well likely perform poorly in the Olympics. Looking at India's very poor performance in the 2024 Olympics, it is now crystal clear that India isn't growing or developing at all, and India's economy is not the 5th largest as they have boasted, but rather closer to their bottom-of-the-ladder Olympic ranking of 71.
Not even significant on a per capta basis, besides, under such an undemocratic and autocratic regime, the money could be squandered or vanished in a flash in ways one can hardly imagine.
US is no more important to China, therefore decoupling doesn't a matter. As long as either side of them can handle their own country 's economy situation is ok. We are waiting to see who is the wise man.
This channel keeps repeating this insane mistake of putting Arunachal Pradesh( a state well under Indian administration) into China's Map again and again.
Blogger, the video is very good, but no matter what your purpose is, please put Taiwan Province's land icon on the map. Taiwan Province is an inherent territory of China, and China's land cannot be less than an inch. Thank you!
LOL. Still talk of Communist China!!. China is more capitalistic than US. As to state control, just watch how Trump will control every aspect of American life, except for billionaires who cut a private deal with him.
Do you think China will continue to be the world's largest holder of foreign reserves?
are u ai
No, who wants to hold trash USD?
Lol you think USD is the only currency that exist they hold others as well.@@srappytrex3946
Not sure that you can consider more than 700 billion USD of US treasuries as reserves. It is just bad debts, noncollectable and worthless. So, China's foreign reserves are not as big as reported, especially when US investments held CIC may be worth very little when people understand that US corporations are also like US, loaded with debt which corporations cannot repay. Tesla and Amazon and many US corporations may have high share price but pay very little or no dividends because they cannot afford to.
as long as US runs deficit on trades with China, China will have trade surplus and continue to accumulate foreign reserve. This will not change as USA needs China like its addicted. 😂
My guess is that the belt and road initiative is a way to make use of those dollars before any potential inflation ...
It is
China is faced with pushing forward and financing OBOR with its economy having a huge debt/GDP ratio already well above 300% according to the Institute of International Finance. Christine Lagarde former head of the IMF has in the past raised these concerns and also made it clear that Beijing was fully “aware” of the potential potholes associated around such a massive undertaking as OBOR and underwriting its funding. brucewilds.blogspot.com/2019/04/china-is-cutting-path-forward-through.html
Yup that is what I understood as soon as I heard about the one belt one road initiative .
China was well aware of us policies to reduce the deficits, trump or otherwise. It has also taken cognisant of dollar weaponisation. It has since taken aggressive concrete steps to trade with many more other countries. This video did not show china's diversification of risk in this respect.
That’s literally what they been doing for last 8 years. How do you think China “suddenly” become biggest trading partners of African and South America
@@johntitor414 take them as replacements for the western markets.
Today China is the largest most important trading partner for 120 countries around the globe. The tariffs on imports from China will backfire because much of what the US buys from China is not made in the USA, and China’s competitors don’t offer the same quality for the price. The Cold Warriors in Washington are about to take a cold shower. Perhaps it will wake them up.
And exactly what has the US done to "weaponize" it against China, specifically??? Literally, the opposite has been done: China has weaponized the Yuan to take advantage of the dollar (and many other currencies) and make Chinese trade cheaper and to take advantage of global markets to forcibly take more and more market share in their respective industries... knowing that the rest of the world's currencies won't do much to defend against China's own weaponization, because it wouldn't be "right". I say, suhkrew the ChineseYuan and the CCP's dirty currency manipulation practices and weaponize it against the global economy. SMH
Build partnership with everyone China. China is doing well and moving forward.
Some critics of the plan debunk it as a murky program that could end up being a massive waste of resources. More on this project in the article below.
brucewilds.blogspot.com/2018/02/chinas-bold-one-belt-one-road-agenda.html
No. Money won't make Africa and ASEAN escape poverty unless it can also remove the underlying corruption. Ultimately money don't produce anything. It just move around EXISTING resource from one place to another hoping that a new arrangement has better positive externality.
Go tell America that, they are the poor one here with serious corruption problem, oh wait they legalised it and call it lobbying lol
From INDONESIA
China is really amazing, with huge of population and human resourcrs or work force talented, innovatived and educated make Chine to be a king and center of technology in the world.
With develop infrastructure, make China easy to mobilized both of goods and services, and all aspects.
In near future, Chine will defeated USA in science, technology and all aspects.
Thanks for amazing video
❤❤❤
If they just use $1 trillion into AFRICA UNITED.latin American and Asia.The impact shall skyrocket and simply grow up to $15T in a period of 22 to 33 years
True but the problem is the corrupt politicians, politicians will just pocketed those money
Wrong, China was already spending trillions of dollars on belt and road initiative project years ago.
Dude those markets are very small and immature, they'd get overheat, inflation would go up and the whole system may explode if you put a trillion dollar into them
Those regions are massively corrupt so most of the investment would lose 50% of value in 20 years
The US did that decades ago... it didn't do much, LOL. Maybe this time it'll be different since there's much more development in those parts of the world... but... knowing them, they probably won't, unfortunately.
If you said America could help developing countries with that much reserve, most would probably have thought you are guilt tripping America. When you said China could lift many people out of poverty, I immediately thought yeah China is doing that and will likely do more
Most other developing countries have people with brown skin, and there's no record of America helping anyone with brown skin, not even their own brown skinned people.
Because white supremacy@@kenyac1310
@@kenyac1310 In 2020, there were an estimated 500,000 Africans living in China. There are 2.1 million African immigrants living in the United States. Why the difference?
@@mw8498because a lot of African countries can speak rather than mandarin
@@kenyac1310 lol... the former couldn't be further from the truth. Generally speaking, Chinese people are extremely "raysicst" and think they're "better" than africans or "brown people" you speak of. Like, have you never met a Chinese person or something? LOL. I'm not saying "all" chinese people are like that, however, the majority of them are... to the point where they think their "evolutionary branch" broke off millions of years ago and that "chinese asians" are a distinctly different branch of "human", and therefore better, than the rest of the world. It sounds insane, I know. But many Chinese actually believe this: they literally think they're "superior" to other "rayces". Its sad
Singapore is actually the 0:28 scary one when it comes to foreign reserves considering its size around 743 square kilometre
When mostly Asean countries join BRICS , Singapore will have a hard time to maintain the bussiness , countries will not need to used Singapore as middle man again.
@@budisuwandhi6818 Actually, I’m certain this doesn’t matter to Singapore.
If you have a solid understanding of finance, you’ll know that Singapore remains unaffected.
With substantial foreign reserves, it can use these reserves-currencies or assets from other countries-to facilitate trade in their respective currencies.
However, it does impact less financially stable countries.
@AlphaSorceror It call reserve for a purpose of saving , if you can not gain more you losing part of saving that what Singapore future.
@@budisuwandhi6818 You don’t seem to have a strong understanding of money-making, do you?
Singapore has no need to join BRICS, and it seems you don’t fully grasp its purpose. Membership in BRICS comes with obligations that Singapore can easily avoid. What it can achieve with money, it simply buys.
Additionally, Singapore invests in companies to generate dividends. With a population of just 6 million to support, managing these strategies is far more straightforward.
Singapore has consistently maintained a surplus for decades and will not deplete its reserves. In contrast, most countries operate with deficits and join trading blocs like BRICS to generate wealth and bridge those deficits. Without such measures, they would rely on increased borrowing, further eroding their savings.
@@budisuwandhi6818 You don’t seem to have a strong understanding of money-making, do you?
Singapore has no need to join BRICS, and it seems you don’t fully grasp its purpose. Membership in BRICS comes with obligations that Singapore can easily avoid. What it can achieve with money, it simply buys.
Additionally, Singapore invests in companies to generate dividends. With a population of just 6 million to support, managing these strategies is far more straightforward.
Singapore has consistently maintained a surplus for decades and will not deplete its reserves. In contrast, most countries operate with deficits and join trading blocs like BRICS to generate wealth and bridge those deficits. Without such measures, they would rely on increased borrowing, further eroding their savings.
China has a trade surplus balance with 150 nations. That means it imports little and makes the accumulation of wealth very easy.
由于西方国家的制裁与封锁，中国无法进口外国的高科技产品。由于中国的完整工业体系，中国不需要进口外国的工业品，因此中国只进口资源农产品和一些奢侈品
Has Trade deficit with South Korea for any reason
The sanctions and blockades imposed by developed countries on China mean that no matter how much foreign exchange China has, it cannot spend it all.
Imports little? Do u know China is worlds second largest importer just behind USA?
Dude, get educated. In 2023, China imported $2,557 billion worth of goods.
China are so Strong Economy as we see know there Gdp are now 19.7 Trillion dollars and they have also every industry or companies in this way 1.4 billion population and they generally they built up high money and reserves where government uses there money in other industries and save the other amount as foreign reserves as well as now 3.5 trillion dollars or also one of the biggest reason their population consumption of goodies or daily life needs makes china strong as military or economically 🇨🇳👹 Viva CHINA
China Gdp are now 19.7 Trillion dollars
NOT excactly USA nobody beats yankees printing tech
Today the Chinese people eat better, all Chinese have their ancestors home to return to.
@@chingtuckmeng1122 Nobody beats China's "printing tech", I think you mean LMAO... China has literally printed and devalued its currency constantly over the past quarter century in order to manipulate its currency against the dollar and thus make it manufacturing and trade with the rest of the world more favorable and attractive compared to how they naturally would have been otherwise. In fact, I'm kind of envious of how great China has been at leveraging their "printing technology" to take advantage of the naive west, LOL
Before there’s no BRICS ….now BRICS is gettin stronger everyday.
GREAT REPORTING
😂😂😂 I BELIEVE INDIA IS SAVING ITS FOREIGN RESERVES TO PURCHASE TOILETS FROM OTHER COUNTRIES 😂😂😂
China foreign reserve is $3.4 trillion, compared to the US debt is $34 trillions and still growing 😂😂😂😂😂
But the US can create a $3.4 trillion out of thin air. In fact the US has been doing exactly that in many years.
36.1Trillion
That's why it can afford to give out loan to the 3rd world countries with its belt n road initiative camouflage as aid to the needy countries on the surface but in truth its high interest wont be easily going to be repay by those poor countries such as Sri lanka, Djibouti where their ports had been taken over by the people republic china due to non payment or delay repayment as that's the real intention of the communist state to grab whatever land they have built but now under their control.
If 3 trillion is a lot .
Then , what is 35 trillion ?
3T can turn into hundreds of trillions of dollars profits though.
35T of debts is a death sentence for any country around the world 😂😅
= bankruptcy.
China hving had bn incessantly bullied, attacked, invaded and partially colonised by Westerners + Japanese from 1840 to 1945 is now definitely rising.
But as she had had bn world superpower power say two thousand years ago or say a thousand years ago, she has always bn cordial and friendly with all nations unless one is hostile towards her like Japan.
Japan did not hv a written language until officials of Tang Dynasty (years 618-907) taught them.
But d ungrateful Japanese militarists invaded and tried to occupy China from years 1931 to 1945.
China has literally attacked almost every single country that borders it in the last century, LOL. Also, every thing you said could be said of half a dozen other civilization around the world... it doesn't give them the right to take advantage of their peers either. China should just do what Japan did half a century ago, and rise peacefully and democratically through trade and business like normal countries. China's current "warpath" isn't going to win them any friends or favors on the global stage. Which is unfortunate, because I've known many good chinese people, and I don't want them to suffer like they're about to, SMH
Foreign Reserve = Saving ? Surplus ? 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Do you think you know what you are talking about ????😂😂😂😂😂
Good content 👍
Sounds like US debt to me.
Contradiction between China huge foreign reserve when their currency is weak. Something is amiss here.
They intentionally buy up large amounts of USD which in turn makes their currency weak and makes Chinese products extremely cheap for international trade. The large foreign reserves is an effect not a cause, nothing is amiss
So you don't know that China deliberately devalues its currency to make its exports attractive?
What is China currency right now?
Dong.
They're forcefully lowering their currency to give their companies an edge when it comes to export. If they just left it to the market their currency would be more than double the value it has now.
7:09 AuM stands for Assets under Management
Great job, like it
Shouldn't the export income from goods sold go back to the individual companies that sold those goods? How is the money controlled by the state? Can someone explain?
State Owned Enterprise...SOE
Well explained for the layman
Thats not how it works tough, countries do not do export or etc but companies 👍
And what is a SOE, then?
@ that is still company 😅 some state agencies can be, but not SOE , do you think that All imports and exports in china are through SOE ? 😅😂😂
Semakin produk bisa diterima pasar maka semakin rajin produsen bekerja , mungkin rasa lelah pun hilang dengan sendirinya
What about China's earnings and savings through recent rise in trade with Russia, India, ASEAN countries, Iran, African nations, Mexico and South American nations, Canada, EU nations, Middel East nations and Australia? How these trade surplus may counter American tarrif embargos under upcomming Trump rule?
lol, but if you failed to pay, they will ask for your other collateral asset for them, like bangladesh
"If you failed to pay"? Really? Are you a thug or criminal or something?
If you really "FAILED", notice the word here "FAILED", then why bother borrowing in the first place if you "CAN'T" pay up what you borrow? Unless you purposely or intentionally make it "FAIL" in the first place, which mean you're just trying to take other people's belonging but in a subtle or make it like a gentle way a.k.a. "BORROWING"!
And don't forget, for those sincere nations, China did on some occasions forgave their debt which happened to more than a dozen countries in Africa.
You don't go around borrowing something from others without something to payback, this doesn't happen in reality, even person to person, you will have to pay them back after you borrow, that's the rule, don't tell me you don't understand this, nothing is free in this world especially concerning "BORROW", let this sink in.
And one more thing for you to digest, no one in the world is entitled to something called "I WANT YOUR HELP IN FINANCE/SUPPORT, BUT I'M NOT GOING TO GIVE YOU BACK ANYTHING IN RETURN BECAUSE I FEEL ENTITLED IN BEING SO, AND IT IS YOUR OBLIGATION TO DO IT FOR ME", this is the attitude you just show about yourself in your above post.
What about the extremely superpower country on the internet, India?🤭
China 🇨🇳 must use its foreign reserves to circumvent US santions and tariffs.
Our national debt is $36 trillions, and China’s reserve is $3.4 trillions. How can we be the richest country in the world like our politicians have been telling us?
Funnily enough, the US money that going oversea due to imports actually mostly gets circulated back into the US stock market, but your average Joe isn't going to get into any of that riches.
americans usually do not verify what people tell them so believe it
The trade reduction on the Chinese foreign reserves in 2019, it could be attributed to the Covid 19 pandemic and the decoupling of CH and US economies.
The main stream (economic analysis) assumes that US is promoting the decoupling, but I think CH wants to be less dependent from exports to US, because the Chinese don't want to be trapped like Japan in the SWIFT system, due to exports dependence to US. That is why the Chinese are trading with other countries in its own currencies.
Just remember, the US is the most powerful world importer of goods and services, but also US controls the world payment system (SWIFT).
That control allows US to force other countries to buy treasuries bills, which increase artificially the value of the dollar, as the result, US government can impose tariffs to foreign countries, who main exports destination are the US markets.
Usually, the countries which economies are based on exports, they have the own currencies undervalue to increase the exports competitiveness, but the price to pay is inflation on the own domestic markets. To avoid the currency depreciation because the export economy, those countries have to increase the amount of reserves currencies like dollars, euros and others strong currencies from the exports market destination. In this case, US is the main target for Chinese exports.
US economy is a fundamentally consumption economy, which depends in credit debt expending to grow the GDP, not necessarily in the manufacturing production of goods. That explains the overvalue of US financial instruments (stocks, bonds and options) in the trading markets like Dow Jones.
US needs to promote consumers consumption through the debt like credit cards and loans.
CH knows well that Japan economy trap is a direct consequence from the exports economy model, which is the main culprit of the enormous Japanese public debt and the higher dollar currency reserves to keep Japanese's yen exchange rate fixed to avoid inflation.
CH will avoid the US exports entrapment with the gradual exports decrease and the reduction of treasuries bills portfolio.
Reserved fiat money is contingent upon the issuing party's redeeming it.😂
You don't understand. If America goes bad on his death then will have a bad credit history in other countries will have a hard time trusting doing business.
if dollar money supply is cut by the fed, you need money. if some states need to be bailed out because the fed increases interest rates dramatically, you need money to make them loyal. if you lose money on savings due to inflation, you need to get indebted and balance out the losses on savings. china is gettong indebted because of that. china is selling us debt because they lose money on them via inflation.
Surprise! 🎉🎉🎉
LOOK AT THE ABSOLUTES.
CHINA'S MASSIVE FOREIGN RESERVES IS 6 TIME OF INDIA'S MINISCULE FOREIGN RESERVES.
😂😂😂
🙄 ECB Foreign currency reserves (in convertible foreign currencies) is
54,15 trillion. Now 2024.
India likes to compare itself to China all the time in their medias, thinking that they are the equal of China, but 0:15 says it all. They are nowhere close to China in terms of every possible metric of wealth/development/technology etc. 🤭Of course the GDP figures of India are much smaller. Just compare India 2024 to China 2007. Officially they have aprox. same GDP and GDP per capita. But China in 2007 already had awesome infrastructure in major cities. By 2007 China already sent men in space several times. In 2007, China high speed rail was already a reality. In 2007 China all household have toilets and connected to sewage system. In 2007 there were no slums in China. In 2007, China was confident they can organize something great in the 2008 Olympics. Sorry India today is nowhere close to China of 2007.Modi and the BJP are cooking their books
Wise🇨🇳👍
구독합니다 😊
India likes to compare itself to China all the time in their medias, thinking that they are the equal of China, but 0:15 says it all. They are nowhere close to China in terms of every possible metric of wealth/development/technology etc. 🤭Over the last four years and ongoing, Indian news outlets have repeatedly stated that India is significantly ahead of China, always pushing the narrative 'India wins, China loses.' So what better way to prove this narrative than at the world's largest sporting event (2024 Paris Olympics). It’s the perfect opportunity for India to showcase their country's progress and human development. All of China’s finest athletes will be there, as well as India’s best, competing alongside the world’s greatest at the highest level. The event will be broadcast globally, with eyes focus on India and China as they compete. So, did India easily win as they claimed they would? Of course not-India lost to China 0 - 40 and India lost to Hong Kong, China 0 - 2.
Olympic success is often a reflection of a country's growth and human development. If a nation such as India lacks infrastructure, training facilities, proper nutrition, and access to basic needs like food and water, it will very well likely perform poorly in the Olympics. Looking at India's very poor performance in the 2024 Olympics, it is now crystal clear that India isn't growing or developing at all, and India's economy is not the 5th largest as they have boasted, but rather closer to their bottom-of-the-ladder Olympic ranking of 71.
Not even significant on a per capta basis, besides, under such an undemocratic and autocratic regime, the money could be squandered or vanished in a flash in ways one can hardly imagine.
笑死😂你怎么不算人均购买力😂还有这些外汇不就是你所说的独裁政府囤下来的么😂
Proportionally ( in terms of per person ), China does not have the biggest reserves of the world
@@sonnigchiang4001 if positive : do per capita, if negative like carbon : do total, negate percapita
China worked hard never colonised any nation on earth. So they deserve much success and prosperity. Which will make them leader in the world.
Im mongolian
Bruh... "never colonised any nation on earth" LMAOOOOOOOO
@ i know right lmfaoo, my Mongolian ancestors say hi
😂😂😂!?!!?!
@@LESTIFISAYou’re talking about the Qing Dynasty right? Have you looked at the Mongol Empire on the map, or heard of the Yuan Dynasty?
Us responsible for poor people because of holding large size of wealth
US is no more important to China, therefore decoupling doesn't a matter.
As long as either side of them can handle their own country 's economy situation is ok.
We are waiting to see who is the wise man.
Hi
BRiCs trillions trade reserves to upgrade billions Chinese ppl 🎉🥰🍑💝✨️💖🎆🎇💗💓🧨🎈💞💕🎋🎊 Best Socialist & Capitalist Economy 🇨🇳
This channel keeps repeating this insane mistake of putting Arunachal Pradesh( a state well under Indian administration) into China's Map again and again.
Tell Peter Zeihan which country is better Most probably he still say of. Cos it is US
No Taiwan ranking?
They are not even on the list, one china policy
博主，麻烦你把中国地图了解一下，再来分析其他的事情，谢谢！
Stupid , why holding so much , since tht country is so hostile towards it. Hahah, maybe having a lot more tht can forgo this amount of money.
👏🏻👏🏻♥❤🏮🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳
2019 U S A . ONG BAK WARS international
Ha ha ha such videos can fool only the fools...not the industrialist and business people.
China is doing this they are building partners not threats.
Baked by the full faith of the worlds biggest liars
Where do they even collect all these money from it is shady as hell.
Blogger, the video is very good, but no matter what your purpose is, please put Taiwan Province's land icon on the map. Taiwan Province is an inherent territory of China, and China's land cannot be less than an inch. Thank you!
Nope, it's not
Chinese propaganda channel
Ccp is rich but the people are poor
Tf are you talking about, china has the largest middle class population in the world.
USA is rich but the people are poor. Thousands sleeping on streets.
@@kentorres1870 Let him remain in his ignorance. I think he is too brainwashed to want to find out the truth.
CCP is 100 million people dumbass
LOL. Still talk of Communist China!!. China is more capitalistic than US. As to state control, just watch how Trump will control every aspect of American life, except for billionaires who cut a private deal with him.
why dont GB return all the plundered wealth? to nations once conquered👌
那大英博物馆将不复存在😂
Is that what a thief will do ?
Yo
USA 🇺🇸 propaganda
博主，麻烦你把中国地图了解一下，再来分析其他的事情，谢谢！