How many years have we been listening about China collapsing. :)
5 หลายเดือนก่อน +37
Well, looking at all the dam breaks, explosions and building collapses, in the literal meaning it does. Economically speaking: it's slowing down/entering a recession, and actual economic trend forecasts did and do came/come true.
Look at what? Are you living in a bubble? If that is your passion, you can just look at USA where bridge building and roads are collapsing on a regular basis
The west was very concerned that China’s economy was too strong and is now concerned when it’s too weak. Meanwhile, western economies are going into recession without much concern.
@@sarahjenkins7064 I think there is this popular saying by the Chinese implying the mantra adopted by the western media: “Monday, Wednesday and Friday China is powerful evil country tying to conquer the world, Tuesday, Thursday and Saturday China is weak and about to collapse anytime soon. On Sunday we (the media) rest.”
The west only focuses on what others are doing. China focuses on how it can improve itself, and who it can form partnerships with. It's the mindsets that differ greatly.
Foreign investors want the government to do a bailout. The Chinese government already said they have no intention to bailout the real estate market. They feel it is not part of the real economy and plan to let it deflate on its own.
The Chinese government said that homes are to be living in, and not for speculation. The real estate sector didn't listen, has to pay the price. Common citizens are the ones who are able to buy homes for an acceptable price, now.... not in USA, nor in Germany, but in China!!!
@@wellokthen720 I would recommend you to search fro some data, before commenting. Like this: "List of countries by home ownership rate" (Wikipedia) "The country where 70% of millennials are homeowners" (BBC) Now, please, tell me where you got your "information" from!!????
Germany 0.1% growth (manipulation of statistics) in recession. Press: Germany is stronger than ever. China 5% growth. Press: China is collapsing, it is finally in crisis.😂
You guys banned TH-cam and pretty much all of internet. Why are you running CCTV, embassy and Wumao accounts on X ? Why do you care about the outside world or a German international channel?
@@prajwal1341 You can at your wish add one more sentence before each of your reports and comments: Winnie the Pooh's China has fallen again and again. But If you don't mention Winnie the Pooh, will your DW spiritual world collapse again and again?
China's GDP grew by 5% in H1 2024. Germany's economy grew by 0.2% in Q1 2024. There's a saying, "Clean your own backyard first before you criticise other's."
@@ADHD55 5% growth means average growth of all its province. Some province have 10%growth to some have 3% growth in some. There are many province in china whose economy is greater than Germany whose growth is nearly 10 % while Germany is in recession 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
What are you talking about? Of course paying 40% of salary in taxes and 50% in rent os absolutely fine. Combine that with many billionaires paying less than 1% in taxes, even better. But China? China so bad. Ja ja, China stinky.
"Property is insanely expensive in China! It's impossible to buy apartments in all of its big cities!! China is in a deep, structural crisis!" Chinese government starts deflating the property bubble "Property prices are decreasing! This is a sign that the Chinese economy is in shambles!! China is in a deep, structural crisis!"
@@PewterThos In addition to this, the fact that about 70% of Chinese household wealth is in housing and the prices are now falling means peoples net worth are going to decrease by a lot. This has a lot of negative implications for consumption and the economy as a whole.
@@johnnywalker2870 the PRC's average is the American federal poverty line. And the PRC is about as far from income equality as the US is. So the poor Chinese get a smaller slice of a much smaller pie.
I’ve seen Western media talking about the same problem in the pasr 10 years as if China’s economy were having serious cancer and it could be die at anytime meanwhile China has been gradually solving their problem.
When are we going to start talking about extreme wealth inequality as the source for many of our problems? It could be that people do not have enough money to spend on anything
Chinese people don't have enough welfare, but it's risky for the Government to raise welfare for 1.5 billion people, they are afraid to make such a drastic change.
This comment will not be seen or blocked but root cause is Socialism. But young people don’t understand unless you lived Socialism. Others will blame the USA. Ask Cuban or Venezuelan people or better yet actually do some research look up Gloria Alvarez interview.
With a near tripling of debt to gdp over the last decade. And a rapidly ageing population. Your parents might be fine, but your retirement is going to suck.
According to light pollution measurements from satellites, China has had about half its stated growth for the past 2 decades. So if they said 10%, it was more like 5%. If they now say 5%, well...
@@ХуэйЛи Light pollution on the ground measured by satellite. More economic activity = more electricity use and more lights on. It tracks well with GDP for open democratic countries, less democratic countries over report growth by about 50% and dictatorships over report by about 100%. Measurements have been made for about the past 20 years. Articles on it should be easy to find.
Because we live in a world where we all effect eachother and we happen to buy alot of stuff from China. The most minimal understanding of worlds affairs would tell you that
Because we live in a world where we all effect eachother and we happen to buy alot of stuff from China. The most minimal understanding of worlds affairs would tell you that
@@jamesn0va Yeah, hyping up China collapse but you never realise deindustrialization is happening in Germany. This will aggravate healthy trade balance which Germany had enjoyed in the past. Why not DW discuss the backbone of Germany manufacturing, machinery and cars are about to disappear because of wars, inflation, expensive energy from the US, losing competitiveness and factories relocation to China and the US.??
They know that the inflation is insane, productivity is low, but they keep banning Chinese products that actually could help people buy affordable goods and reduce the crazy economic gaps.
chinnese products you mean fans that dont work , ?? or do you mean silly plastic chairs that brakes... or are you talking about toys with heavy metals in them ? or are you refering about gutter oil ? what are you refering my friend?
Yes it fell from 12% to 5% yony. 5 % . Terrible. Germany is minus 1. Much better. America around Zero. Much better. UK minus 2. That is what is Needed.
Yeah, but the capitalist ruling class is in charge of America, Germany and the UK so those rates are fine. China is making them look bad by using public investment to grow the economy under one party
@@bobs_toys their gdp per capita it increasing every year, their labour force are getting good wage which cause the hypocrisy white companies to move other poor countries which have low wage for labours like india , and last their birth rate still hight most of the european countries
Speak with a normal Chinese person from China who is not affiliated with the government or who isn't a staunch nationalist. The one's I have spoken to aren't saying anything promising about China's economic outlook. In fact the overall consensus about the economy is hopeless and negative.
Since 1990, Economist has been predicting the collapse of China. Since 1990, the size of Chinese economy has been multiplied by 30 times. That's 3000%.
Since when did Chinese consumers were ever spending enough to absorb all their production? China exports more than $3 Trillion worth of goods. Their prosperity is fully tied up with other countries buying up their over capacity. They subsidize manufacturing to keep the costs low so that manufacturing stays in the country. This policy also keeps wages low. Since owning a house is cultural to get married and have children, with the low wages many will be stuck paying mortgage for the next 20 years creating household debt. When someone has to pay a mortgage that will take priority over other spending like eating out, buying clothes, and other goods and services. This creates a vicious cycle. If more companies slowly start to diversify their manufacturing away from China for geopolitical reasons, then this will create even bigger problems. It looks like their government was obsessed with GDP growth, they forgot to create real value in the economy. Building for the sake of building, creating goods for the sake of creating goods.
I think this guy is talking about the US.😂😂😂 500k mortgages with stagnating wages, with immense inflation. Record Homelessness, drug addiction, and incarceration rate in the world.😂😂😂
So true. I'm from Germany and in China right now. The dozens of modern, safe, clean, gigantic metropolitan cities are no comparison to crappy "cities" like Berlin or Frankfurt. And even the villages in China offer everything: big grocery stores, fresh veggies from farmers markets, pharmacies, many restaurants, all kinds of services, public toilets, 5G internet, connections to the city... everything that even small towns in Germany are lacking. And our villages in Germany have literally NOTHING. Sometimes not even slow internet or a bakery. Germany would probably announce great progress in the newspapers and on the radio if a village in Germany received a snack vending machine or a small stall where 1 person sells cups of filter coffee. Germany is full of ghost towns but loves to look down on China and pretend that China is so much behind at everything.
Hey DW, you don’t need to worry about China, basic essential things in China are still pretty much affordable for people from all walks of life. You should worry about your own government continuously supporting of wars and buying expensive oil and gas from someone that blown up your cheap energy source pipelines first. Winter is approaching, your people need affordable energy to warm up their houses too.
@@dongxuwang-ou8pj I never lived there, I don’t know. I guess you lived there, so you can tell us? But I lived in 上海，香港 and they are not affordable. Just to correct you.
Now I understand why Germany economy became so bad. Her media spent so much time on China leaves no time for their own country. Thank you, DW, china is grateful for your service.
@@TheTwangKings DW is useless, as their comment section is owned by the Russian and Chinese propagandists, which was AGAIN proven to me by my comment getting shadowbanned by the Russian and Chinese bots! How is TH-cam even ALLOWING the enemies to shadowban MY COMMENTS?????
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@@MMA-gb6to If not, why would the Chinese people keep leaving the country all the time. And Stephan hasn't even talked anything that concernes collapsing. Are you so afraid of international opinions on China?
@@johannagarda because people don't have enough welfare. The retirement wage is very low unless you work for the Government or for a very big company like Tencent.
A baby could make it out. China's growth has been slowing down every year. It's obvious that things aren't going well when USA outpaces Chinese growth in some quarters.
"A Chinese company could invest in Germany in a way that a German company could never invest in China." If only they could be more transparent, how much more investment would China get? Do the people in charge realize the opportunity cost of their non-transparent ways?
@@prajwal1341 Let me ask you these questions. 1) China's GDP = 17.96 Trillion and India's GDP = 3.42 Trillion 🤏 according to World Bank 2022? Yes? 2) Which country is India's largest trade supplier? China? 3) Is India having a trade deficit with China? Yes? 4) Is India's trade deficit in billions? Is India a trade deficit country? Yes? 5) Is India's trade deficit with China increasing yearly? Yes? Who's your daddy again?🤣
I see the Peoples' Keyboard Army is out in force today. Economies go up and down, guys, and every system contains flaws. People tend to worry about the flaws of the Chinese economy because it is a) a lynchpin of the global economy, b) important for local stability that it remains in a good state. People maintain substantial interest in China as a general principle because its internal decision-making process is so damn opaque.
The level playingfield is impotant. A foreighn companies has no chance of becoming big in China without getting its wings clipped. The open trade networks rely on openness and equal oppertunity. If China fixes that issue it could solve a lot. But they fear losing control so they won't.
Tesla is a direct contradiction to what you said. Tesla is doing well in China, making lots of money. GM, Ford, Stellantis are going out of business in China and these have nothing to do with Chinese govt policy and everything to do with poor management decisions by American CEOs.
@@AurediumRiptide China allows BASF, SIEMON, Bayer, automakers... to setup factories in China and even allow German companies to start its industrial parks in China. They have been making huge gains in the past 30 years. However, Germany cannot accept if the Chinese invest in Germany. They are making loud noises when the Chinese invest in one of the German ports. That's why it's extremely difficult for Chinese companies to grow in Germany.
The same goes with The West, on their unilateral terms.. There's no right or wrong for dreaming for it.. Just they on different path/system, doesn't make them wrong or just because other than China are super, doesn't make China less super..
@@johopsequ9713every one wants the perks of the west without the cost. The most peaceful era in human history just ended. And era when the west was clearly dominant. West is best
Property prices falling is great news for home buyers!!! Why is is bad for the economy? It is only bad for speculators. People not spending as much is because prices have remained low and they don't need to spend more for the same amount of goods, services and food. That means inflation is extremely low. That means consumers have more savings!!! How is that bad for the population? It is only bad for speculative funds that need inflation to magnify their profits and government bailouts to finance their speculative losses!!!
Come on. You are more intelligent than this. I hope. How many times have people like you forcasted doom of the Chinese Economy that never turned out to be true. I think that Germany should do well to look at the health of its own economy that took a downward, free fall spiral turn when it poke the Russian bear, as the USA told it to do.
@@bobs_toys that too. It's paradoxical. People want the value to go down so they can buy it, and once they buy it they want the value to go up. But then if the value goes up, at a certain point, people can't buy it.
This guy is really contradicting himself. On one occasion, he said Germany car makers sell a lot their cars in China. On the other hand, he said German opened it car market to China while China did not. I don't know why he took such a courage to lie in front of the viewers. China is not begging anyone to do business in this country. If you cannot make money, why don't you just go way?
Nice interview of a competent guest. I love DW news. The major challenge for China is its aging (and not replaced) population in an economy mainly driven by human labour. Very well said : "Japan got rich before becoming old, China is getting old before becoming rich”.
Just so you know. There isnt a single economic experts who are saying China will collapse. Its expected China will see a Japanification of its economy.
That won't happen. More than half of the technology unicorn companies are from China. That is not the case of Japan 1990s. Japan lost its development momentum before it can dominat science and technology on the market, but China already dominated most of the future science and technology, the proportion even continues to increase rather than decrease, and that's certainly not the case of Japan 1990s.
@@lianghao7128 Japan is still a major Technological and Economic Powerhouse even in 2024 with a declining economy. Japan still produces next-generation, advanced semiconductors, for example, something China isn't able to copy. This isn't to mention you're wrong, Japan did dominate in the field of science and technology, but they lost most of it to stagnation. None of what you said will guarantee that a country will not face an economic stagnation.
@@amnesiacorner What advanced semiconductors Japan produces？ Can u name it? EV Byd, Humanoid robot Unitree, Drone DJI, Most highly cited papers on AI, nuclear fusion and robotics were published by Chinese. Therefore, these industries will be dominated by China companies in the future.That was not the case of Japan. Sorry.
Taiwan has never been an independent country in the history of all East and Southeast Asian countries (except for the modern history of three so-called allies of the United States).So stop being naive
Given the extremely close economic ties in the service sector and western political influence in the region it actually makes sense. I have no idea if what you're saying is correct, but I don't see anything wrong with it anyway. The alternative is letting another billion people get corrupted by an extremist government. The west made mistakes in China, and don't intend to make those same mistakes in India. Global stability has a cost. The important thing is to reward good behavior and punish bad. Economic sanctions are the most powerful tool outside of military action/threats. Also India is investing heavily into nuclear recycling, and EV technology. That's going to be good for everyone in decades to come, and the Indian people deserve credit for this.
It makes all sense. Setting things difficult to a dictator who did started a war in Europe, and on the way you making much stronger the only country which is a democracy like India, to be able to compete in manufacturing size vs another brutal dictatorship like China. That is the way to end the era of China as world's factory. The longer China supports Putin the strongest will be India. And all of this is harm self inflicted by China by supporting Putin and by not delivering it's promise to take a path to be a democracy.
German direct investment in China has soared. According to data from the Bundesbank, total investment in the first half of 2024 reached 7.3 billion euros, exceeding the 6.5 billion euros in the whole of 2023. Data also show that Germany’s direct investment in China was 2.48 billion euros in the first quarter of 2024, and increased to 4.8 billion euros in the second quarter.
In the last year of the one child policy, there were a scratch under 19 million births. Less than a decade later, there's 9 million. Of those nine million, over half are second or third children. So in less than a decade, the number of people deciding to become parents has dropped by between two thirds and three quarters. If that isn't collapse, what is?
What a joke is it 😂? What about Germans and its 0% economic expansion ? The Chinese in trouble with its 5% growth ?! Oh my God. The fact is that BRICS countries have already overgrown the G7 hugely with the drive of the Cinese 😅!
In fact, China has already dominated Asia. Economically and politically, everything has been dominated. Japan, Korea, and all ASEAN countries have been under Chinese control for a long time. It is also absolutely impossible for India to defeat China. DW should know this big truth, and respect for China.
The Chinese grow with 5.2 % this year. Sluggish economy ? With a growth of. 4,17 trillions dollars in value What about Germany ? Worry about that .China grow this year same as all Europe combine numbers of GDP growth. 😂😂😂😂😂 But not same value in numbers. 😂😂😂😂😂and you tell me china is doing bad ? 😂😂😂😂
Meanwhile, as we all know western economy is so so strong guys. Like no one being able to buy a studio apartment and paying 2/3 of their salary om rent is the best and most stable economy this Universe and all alternative Universes have ever known.
They invited car manufacturers to invest in China but required to do joint venture with Chinese companies thus taking their technology. Now the western car manufacturers are slowly driven out by competition and state aid to chinese car makers. The western companies end up empty handed. Then if you are a technology firm nie and asked to invest in China would you do it ?
@@mradventurer8104 Yeah, I can't believe they fell for that... but I guess the executives who made those decisions were long gone by the time it became a problem...
I remember my economy professor telling China's growth is done for growth and if you are thinking to exploit low wages you are too late. This was 2014.
China is playing a different game more focused on state than ideology, even though they are/have been communists, compared to the West that is only focused on ideology and secondly on state. I really admire China for their common sense and we all respect the East very much, Love from the North 🔆✨❇️
*China🇨🇳 have border/maritime disputes with Taiwan, Tajikistan, Pakistan, Bhutan, India, Japan, Vietnam, Philippines.* make border/maritime agreement & peace!
Check the birthrates over the last decade. It's collapsing now. And no. Automation isn't going to save you. There's just too much to do in not enough time.
Its mind boggling to think of a country with a population of 1.4 billion being short on people and needing more to succeed. It makes you think we need other economic models for nations than endless population growth and consumption increase. Especially in a world with so much environmental destruction pollution and extinction caused by humans
China problems is Chinese citizens have money but don’t spend , Americans spend a lot but live paycheck to paycheck. ??? 😂😂😂 Chinese 5 % growth American 1.5 % growth I got it😂😂
USA is a developed country. China is yet to be developed and has a GDP per Capita equal to Bulgaria. USA and China growing at the same shouldn't be happening. China will be stuck in the middle income trap if they keep growing less every year. USA GDP per Capita is 5 times that of China.
@@tacituskilgore80 You beat me to this! I would also point out that, as the half of China's GDP is reliant on exports while only 30% of the US economy is. For that reason, their economy is more beholden to the global market and that makes them more economically vulnerable. If the rest of the world sneezes, China catches a cold.
Is USAs GDP growing more and more or staying stagnant as well? USA is probably not be better off if china loses as most US debt is owed to China @@tacituskilgore80
How many years have we been listening about China collapsing. :)
Well, looking at all the dam breaks, explosions and building collapses, in the literal meaning it does.
Economically speaking: it's slowing down/entering a recession, and actual economic trend forecasts did and do came/come true.
how often does china tell the truth? if you trust china only eat imported chinese food looool
Look at what? Are you living in a bubble? If that is your passion, you can just look at USA where bridge building and roads are collapsing on a regular basis
Way less than we have been listening to about US collapsing lol
maybe like two years probably
The west was very concerned that China’s economy was too strong and is now concerned when it’s too weak. Meanwhile, western economies are going into recession without much concern.
Exactly! They think we don't notice these things.
@@sarahjenkins7064 I think there is this popular saying by the Chinese implying the mantra adopted by the western media: “Monday, Wednesday and Friday China is powerful evil country tying to conquer the world, Tuesday, Thursday and Saturday China is weak and about to collapse anytime soon. On Sunday we (the media) rest.”
LOL I guess the recent market crash is the west not concerned about their potential recession then
what news do you follow? that is a huge concern here in europe
The west only focuses on what others are doing. China focuses on how it can improve itself, and who it can form partnerships with. It's the mindsets that differ greatly.
It's kind of boring since DW started china collapse since 30 years ago.
🤦😂
Do you people have no understanding of nuance or ability to discuss topics in depth?
Well the real-estate is.
Its all Xi fault.
❤Precisely. Well said and well OBSERVED.
Foreign investors want the government to do a bailout. The Chinese government already said they have no intention to bailout the real estate market. They feel it is not part of the real economy and plan to let it deflate on its own.
They'd love it to pick up again.
But now, too expensive. It needed to be pricked a decade before it was.
The Chinese government said that homes are to be living in, and not for speculation. The real estate sector didn't listen, has to pay the price. Common citizens are the ones who are able to buy homes for an acceptable price, now.... not in USA, nor in Germany, but in China!!!
@@hokroegerhousing prices relative to average wages are much higher in China than anywhere else in the world. The avg Chinese are not home owners.
@@hokroeger You can only afford a house in China in a city with no jobs.
So how are you to pay for it?
@@wellokthen720 I would recommend you to search fro some data, before commenting. Like this:
"List of countries by home ownership rate" (Wikipedia)
"The country where 70% of millennials are homeowners" (BBC)
Now, please, tell me where you got your "information" from!!????
Germany worrying about the state of the Chinese economy is hilarious 😂
_Schadenfreude_ is a German word.
Germany lives on its exports, so obviously they would be?
@@rivertonhigh-v4t How are the germans feeling Schadenfreude when they are in a recession?
Germany 0.1% growth (manipulation of statistics) in recession. Press: Germany is stronger than ever.
China 5% growth. Press: China is collapsing, it is finally in crisis.😂
You guys banned TH-cam and pretty much all of internet. Why are you running CCTV, embassy and Wumao accounts on X ? Why do you care about the outside world or a German international channel?
What a waste of worry every day!😊 In DW's world, isn't China falling every day?
says winnie xi pooh
Yeah. China is doing fine!! In reality it's Europe that may not be well placed in the next five years!!!
The CCP covers this up so they can still grovel for foreign investment. China is currently collapsing 📉🚽🌀
@@prajwal1341 You can at your wish add one more sentence before each of your reports and comments: Winnie the Pooh's China has fallen again and again.
But If you don't mention Winnie the Pooh, will your DW spiritual world collapse again and again?
Every second 😂
China's GDP grew by 5% in H1 2024. Germany's economy grew by 0.2% in Q1 2024. There's a saying, "Clean your own backyard first before you criticise other's."
5% at 1.5 billion population is terrible and sign of decline
5% in Chinese is 0% in German.
So analysing now is bad...
@@ADHD55 5% growth means average growth of all its province. Some province have 10%growth to some have 3% growth in some. There are many province in china whose economy is greater than Germany whose growth is nearly 10 % while Germany is in recession 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
@@ADHD55my city (70000 of population) did growth 7% last year. That means that IS more impressive than US (300 000 000 peoples) growing 2%?
Dw should worry about german economy
Don't look in Germany, look east... It's bad there...
Why should worry about the German Economy?
Everyone knows it’s beyond redemption, what’s the point lol
What are you talking about? Of course paying 40% of salary in taxes and 50% in rent os absolutely fine. Combine that with many billionaires paying less than 1% in taxes, even better. But China? China so bad. Ja ja, China stinky.
The German economy isn't growing because China economy is doing terrible, most of the economic growrg is scam infrastructure
"Property is insanely expensive in China! It's impossible to buy apartments in all of its big cities!! China is in a deep, structural crisis!"
Chinese government starts deflating the property bubble
"Property prices are decreasing! This is a sign that the Chinese economy is in shambles!! China is in a deep, structural crisis!"
Is that why mortgage free home ownership in China is 80% with a high percentage owning multiple dwellings.
Gabriel are you surely are joking Are you talking about the US and just playing around by changing out the words?
Your comment shows you understand nothing
@@PewterThos In addition to this, the fact that about 70% of Chinese household wealth is in housing and the prices are now falling means peoples net worth are going to decrease by a lot. This has a lot of negative implications for consumption and the economy as a whole.
@@valetudo1569 you don't suddenly can't buy food if the house you're living drop in value. That's not how it works.
It's not just China but almost every country
Except US
@@bender5835
Which as been in inflation for 5 years straight
That's a lie, China is facing deflation and not a hot real estate market, the complete opposite of all large economies.
Inflation is part of economy, when there's no inflation something is wrong 😉
@@bender5835 The Us has reached 35 TRILLIONS of debt my guy, that's historical😂
That dysfunctional Chinese economic policies would eventually bite really hard....
China growing at 5%is sluggish. US growing at 2% is robust. 😂
China gdp per capita 12.5k
USA gdp per capita 76k.
You grew old long, long before you grew rich.
@@bobs_toys 1% of Americans hold 90% of wealth.
@@bobs_toys you'll grow old long before you grow smart!
@@johnnywalker2870 the PRC's average is the American federal poverty line.
And the PRC is about as far from income equality as the US is.
So the poor Chinese get a smaller slice of a much smaller pie.
@@bobs_toysmoron,one dozon egg in usa cost £2 and in China it is only £1
I don get it why does it seem like other economies are struggling while we have one that has 35 trillion debt ceiling not being questioned 🖕😂
It is being questioned but not in this video because this video is about China
@@mradventurer8104 The West. See no decline, talk no decline, hear no decline is the West's motto about themselves.
We have the right people in debt .
America is debt. It conroles it all and thus gets it very cheep. Use this power don't doubt it.
@@TyPhoon-rl4xd China have greater debt % ratio to GDP than US. Wumao.
Problems are everywhere.
longer war in ukraine more problems with our economy. do not talk about china now.. for distraction
90% in the West.
I’ve seen Western media talking about the same problem in the pasr 10 years as if China’s economy were having serious cancer and it could be die at anytime meanwhile China has been gradually solving their problem.
same words heard "Putin had cancer"
Nobody can explain better than Gordon Chang!
LOL!!!!!!!
Predicting the collapse for 23 years now lol
The Gordon Chang that has gotten everything wrong about China for the past 20 years. Yes LOL!
@@sayreharder1541They don't have to lie about their numbers just go to their country and see how well they run it...🤦🏻
@@sayreharder1541yeap， China lies, China collapse. If China is so damn weak, Why the US can’t leave China alone.
When are we going to start talking about extreme wealth inequality as the source for many of our problems? It could be that people do not have enough money to spend on anything
你这是共产主义思想
Chinese people don't have enough welfare, but it's risky for the Government to raise welfare for 1.5 billion people, they are afraid to make such a drastic change.
This comment will not be seen or blocked but root cause is Socialism. But young people don’t understand unless you lived Socialism. Others will blame the USA. Ask Cuban or Venezuelan people or better yet actually do some research look up Gloria Alvarez interview.
Inequality is supposed to be destroyed by Communism right ?
Socialism works in Venezuela go there
thank you,dw news. You put a lot efforts to analysis the problem that we need to handle , and didnt require any pay. Thank you, Love from china.
Yawn. Meanwhile look at their airport that took 4 years and yours that took 29 years since planning.
meanwhile look a our walth, living standard and freedoms and theirs
yawn
@@Noah-dh6se Yes look at your "walth".
@@Noah-dh6seWealth and living standards are massively better in China. China has tighter surveillance but, other than that, similar freedoms.
And then look at the quality of the building after 10 years.
@@TD1237 cope harder ^^ it isnt even close
Growth at 5.3%, still not satisfied? DW needs to worry about economy in Germany.
You belive those nrs?
With a near tripling of debt to gdp over the last decade.
And a rapidly ageing population.
Your parents might be fine, but your retirement is going to suck.
According to light pollution measurements from satellites, China has had about half its stated growth for the past 2 decades. So if they said 10%, it was more like 5%. If they now say 5%, well...
@@zapfanzapfan Is GDP calculated through satellite light pollution?
@@ХуэйЛи Light pollution on the ground measured by satellite. More economic activity = more electricity use and more lights on. It tracks well with GDP for open democratic countries, less democratic countries over report growth by about 50% and dictatorships over report by about 100%. Measurements have been made for about the past 20 years. Articles on it should be easy to find.
Shameless Western media stop criticizing other countries solve your own problem
Here we go again, China economy is bad? The question is, why are you the West care so much?
Property? Chinese not spending?
1/5 people are a Chinese, would be weird and "racism" to ignore them. Why do you want to ignore the Chinese?
Because we live in a world where we all effect eachother and we happen to buy alot of stuff from China. The most minimal understanding of worlds affairs would tell you that
Because we live in a world where we all effect eachother and we happen to buy alot of stuff from China. The most minimal understanding of worlds affairs would tell you that
@@jamesn0va China doesn't care, you stuffed it up.
@@jamesn0va
Yeah, hyping up China collapse but you never realise deindustrialization is happening in Germany. This will aggravate healthy trade balance which Germany had enjoyed in the past.
Why not DW discuss the backbone of Germany manufacturing, machinery and cars are about to disappear because of wars, inflation, expensive energy from the US, losing competitiveness and factories relocation to China and the US.??
They know that the inflation is insane, productivity is low, but they keep banning Chinese products that actually could help people buy affordable goods and reduce the crazy economic gaps.
Fact it the West is dumber than a rock.
Yaas! Yours is one of the few apt comments.
Because daddy America said u shouldn’t do that!
And Biden was replaced. Xi Jinpin is still China president.😅
chinnese products you mean fans that dont work , ?? or do you mean silly plastic chairs that brakes... or are you talking about toys with heavy metals in them ? or are you refering about gutter oil ? what are you refering my friend?
Yes it fell from 12% to 5% yony. 5 % . Terrible. Germany is minus 1. Much better. America around Zero. Much better. UK minus 2. That is what is Needed.
What's the gdp per capita?
What's happening with the labour force and birth rate?
How's your extrapolation?
Yeah, but the capitalist ruling class is in charge of America, Germany and the UK so those rates are fine. China is making them look bad by using public investment to grow the economy under one party
I think American gdp is ALWAYS like that.
@@bobs_toys their gdp per capita it increasing every year, their labour force are getting good wage which cause the hypocrisy white companies to move other poor countries which have low wage for labours like india , and last their birth rate still hight most of the european countries
Love ❤️ your comment
The act of vilifying China and Russia in the Western world is an example of political correctness.🤣🤣🤣🤣🤣😂😂😂😂😂
an attempt to distract from our problems at home
not really, if you follow germany you would know that they talk a lot about the german economy and its problems
And to distract from China's economic superiority over the West. China has left the West behind.
Example plz
@@mysticismofficial5105 and moral crises ..LGBT...declining normal family pattern
Speak with a normal Chinese person from China who is not affiliated with the government or who isn't a staunch nationalist. The one's I have spoken to aren't saying anything promising about China's economic outlook. In fact the overall consensus about the economy is hopeless and negative.
It looks like the DW News never read the comments.
stop talking about China, concentrate on Germany.
China stock market is so bad
Stop talking about China period. Boring. I have no love for dictators.
@@strong6506 china doesn't allow speculation
They are generating more views when mentioning how bad china is, so they will continue talking about China 🤣
@@B.Mann-px5rn so how is Xi Jingping a Dictator? just because biden told you that?
Since 1990, Economist has been predicting the collapse of China. Since 1990, the size of Chinese economy has been multiplied by 30 times. That's 3000%.
FDI from where? Europe is broke 😂😂😂. China is the one to export FDI now. Bunch of economic lies
Yes, China's Belt and Road is such success with most of the loans in default. Turns out Communist Capitalism is a bad idea...
China is so dead and depressing
Germany's own BASF is investing in a SINGLE project in Guangdong for €10bn. DW didn't do any homework?
@@herman9255 BASF didn't, that's for sure
@@herman9255 BASF is disconnecting its European, American and Asian market from each other. It's just a switch from importing to local production.
Since when did Chinese consumers were ever spending enough to absorb all their production? China exports more than $3 Trillion worth of goods. Their prosperity is fully tied up with other countries buying up their over capacity. They subsidize manufacturing to keep the costs low so that manufacturing stays in the country. This policy also keeps wages low. Since owning a house is cultural to get married and have children, with the low wages many will be stuck paying mortgage for the next 20 years creating household debt. When someone has to pay a mortgage that will take priority over other spending like eating out, buying clothes, and other goods and services. This creates a vicious cycle. If more companies slowly start to diversify their manufacturing away from China for geopolitical reasons, then this will create even bigger problems. It looks like their government was obsessed with GDP growth, they forgot to create real value in the economy. Building for the sake of building, creating goods for the sake of creating goods.
Its communism!
They don't have housing tax they can implement it to spur GDP numbers.
So much cope there. Watch out you head might explode from all the cope. LOL!
Western and world demand = "Overcapacity". LOL!
I think this guy is talking about the US.😂😂😂 500k mortgages with stagnating wages, with immense inflation.
Record Homelessness, drug addiction, and incarceration rate in the world.😂😂😂
Go and visit China one day. Germany is like some little country town in comparison.
So true. I'm from Germany and in China right now. The dozens of modern, safe, clean, gigantic metropolitan cities are no comparison to crappy "cities" like Berlin or Frankfurt. And even the villages in China offer everything: big grocery stores, fresh veggies from farmers markets, pharmacies, many restaurants, all kinds of services, public toilets, 5G internet, connections to the city... everything that even small towns in Germany are lacking. And our villages in Germany have literally NOTHING. Sometimes not even slow internet or a bakery. Germany would probably announce great progress in the newspapers and on the radio if a village in Germany received a snack vending machine or a small stall where 1 person sells cups of filter coffee. Germany is full of ghost towns but loves to look down on China and pretend that China is so much behind at everything.
@@kremigmitsahne7197 If you are in China, whatever you do, don't badmouth the CCP and Winnie the Pooooh.
If China is so good, how come most Chinese officials families wanna move to the West. According to Forbes, their favourite destination is the USA.
Hey DW, you don’t need to worry about China, basic essential things in China are still pretty much affordable for people from all walks of life. You should worry about your own government continuously supporting of wars and buying expensive oil and gas from someone that blown up your cheap energy source pipelines first. Winter is approaching, your people need affordable energy to warm up their houses too.
hint: Y might want 2 Actually watch these videos😂
🇺🇸
Germans be like 😢
You should try living in China if you say things like this. Accommodation in biggest Chinese cities is not affordable.
@@petersebela6225 you mean accomodation in New York, London... is pretty affordable?
@@dongxuwang-ou8pj I never lived there, I don’t know. I guess you lived there, so you can tell us? But I lived in 上海，香港 and they are not affordable. Just to correct you.
Now I understand why Germany economy became so bad. Her media spent so much time on China leaves no time for their own country. Thank you, DW, china is grateful for your service.
I always take what someone who doesn’t actually lives in China says with a pinch of salt.
Better than online CPP Wumaos... spreading Misinfo......
@@prajwal1341So misinformation from the West is better is what you're saying???🤦🏻
Germany in recession and deindustrialization but very concerned about China 's economy!!???
Great interview. Thank you.
The ruzzkie trolls love attacking DW. That means the reporting is good and the content is accurate! Thank you, DW.
Russia smells like old cheese. 🤢
@@vectorfox4782 yeah lol. I'd say it smells more like excrement.
That means DW is useless. And they allowed their comment section to become a propagandist platform for Russia and China.
hahahahahaha ur country living in inlfation and u worry about China? LOL
@@TheTwangKings DW is useless, as their comment section is owned by the Russian and Chinese propagandists, which was AGAIN proven to me by my comment getting shadowbanned by the Russian and Chinese bots! How is TH-cam even ALLOWING the enemies to shadowban MY COMMENTS?????
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China is up to its eyeballs in Overvalued & bad debt .. kinda like 2008 was here in the US …
China has been collapsing since 1990s, if i remember correctly, your grandpa made that prediction
LOL
@@MMA-gb6to Grow up sonny … I didn’t say collapsing I said they are over leveraged ..
@@MMA-gb6to Chinese men and women have been immigrating to Australia, Canada, US, UK, NZ since the 1850s.
@@MMA-gb6to If not, why would the Chinese people keep leaving the country all the time. And Stephan hasn't even talked anything that concernes collapsing. Are you so afraid of international opinions on China?
@@johannagarda because people don't have enough welfare. The retirement wage is very low unless you work for the Government or for a very big company like Tencent.
For the 1st seven months of year 2024,China's car export increased 28.8% over the last year.
DW, why not get an analyst to talk about your European declining economy and how it's affecting your own citizens.
what's up with CCP and whataboutism?
No, the country’s are having no problem, but we the people. Are struggling more and more
Can someone explain how 4% growth means "crisis" in China, while in Europe and North America such figure would be celebrated?
Thank you.
Germany should be worried about their own car manufacturing industry
It's a news channel, I can report about any country in the world
The speaker has nailed the problem with China about lack of level playing field for investers in China
A baby could make it out. China's growth has been slowing down every year. It's obvious that things aren't going well when USA outpaces Chinese growth in some quarters.
In which quarter when china doubles America gdp for the last 30 years Americans can't afford a minor health issue lol
give some example....
USA out pacing PRC??
Where did you get this??
I love spreading misinformation on the internet
- This guy
@@wdp7128 In his dreams.
How about the German economy? Is it good now?
"Moving the figures around so it will happen" Exactly...
All governments do it, but when china supposedly does it, it's wrong?
He is a china expert 😂😂😂 but he living in Germany 😅😅😅. This call journalism 😊
"A Chinese company could invest in Germany in a way that a German company could never invest in China."
If only they could be more transparent, how much more investment would China get? Do the people in charge realize the opportunity cost of their non-transparent ways?
no trade untill Tibet is Free....
@@prajwal1341 hopefully you guys are able to afford it~
@chrischen8932 soon we could your economy will stagnate and decline whereas we will grow it takes some 20 years.
@@prajwal1341 Let me ask you these questions.
1) China's GDP = 17.96 Trillion and India's GDP = 3.42 Trillion 🤏 according to World Bank 2022? Yes?
2) Which country is India's largest trade supplier? China?
3) Is India having a trade deficit with China? Yes?
4) Is India's trade deficit in billions? Is India a trade deficit country? Yes?
5) Is India's trade deficit with China increasing yearly? Yes?
Who's your daddy again?🤣
你知道上汽大众，一汽大众吗
I see the Peoples' Keyboard Army is out in force today. Economies go up and down, guys, and every system contains flaws. People tend to worry about the flaws of the Chinese economy because it is a) a lynchpin of the global economy, b) important for local stability that it remains in a good state. People maintain substantial interest in China as a general principle because its internal decision-making process is so damn opaque.
The level playingfield is impotant. A foreighn companies has no chance of becoming big in China without getting its wings clipped. The open trade networks rely on openness and equal oppertunity. If China fixes that issue it could solve a lot. But they fear losing control so they won't.
Tesla is a direct contradiction to what you said. Tesla is doing well in China, making lots of money. GM, Ford, Stellantis are going out of business in China and these have nothing to do with Chinese govt policy and everything to do with poor management decisions by American CEOs.
@@AurediumRiptide
China allows BASF, SIEMON, Bayer, automakers... to setup factories in China and even allow German companies to start its industrial parks in China. They have been making huge gains in the past 30 years.
However, Germany cannot accept if the Chinese invest in Germany. They are making loud noises when the Chinese invest in one of the German ports.
That's why it's extremely difficult for Chinese companies to grow in Germany.
As a japanese looks like im not watching news im watching comedy😂😂😂😂😂
China wants to be an international player, but on its unilateral terms. Thats not going to happen.
The same goes with The West, on their unilateral terms.. There's no right or wrong for dreaming for it.. Just they on different path/system, doesn't make them wrong or just because other than China are super, doesn't make China less super..
'Wants to be.' China is an international player on their own terms. Good for them, it's called being sovereign.
@@johopsequ9713every one wants the perks of the west without the cost. The most peaceful era in human history just ended. And era when the west was clearly dominant. West is best
@@jamesn0va really? Who said that? Africans, American Indians, Asians don’t agree with you.
China is THE international player buddy.. What rock have you been hiding under??
Fair assessment
😂😂😂😂😂😂
DW should start doing investigative journalism, who really did blow up the Nord Stream pipe
They found out buddy. Its a ukranian dude
@@themacosgamerboi5443 Do you really believe that ? Did you watch Seymore Hersh interview and JB statements ?
Property prices falling is great news for home buyers!!! Why is is bad for the economy?
It is only bad for speculators.
People not spending as much is because prices have remained low and they don't need to spend more for the same amount of goods, services and food. That means inflation is extremely low. That means consumers have more savings!!!
How is that bad for the population? It is only bad for speculative funds that need inflation to magnify their profits and government bailouts to finance their speculative losses!!!
Come on. You are more intelligent than this. I hope. How many times have people like you forcasted doom of the Chinese Economy that never turned out to be true. I think that Germany should do well to look at the health of its own economy that took a downward, free fall spiral turn when it poke the Russian bear, as the USA told it to do.
It's kind of funny because people want prices of property to go down but the business owners want property values to go up.
People who own property also want prices to go up.
@@bobs_toys that too. It's paradoxical. People want the value to go down so they can buy it, and once they buy it they want the value to go up. But then if the value goes up, at a certain point, people can't buy it.
@@alexander_sinclair at which point, they discover the difference between theoretical value and real value.
Kind of like what Japan did.
This guy is really contradicting himself. On one occasion, he said Germany car makers sell a lot their cars in China. On the other hand, he said German opened it car market to China while China did not. I don't know why he took such a courage to lie in front of the viewers. China is not begging anyone to do business in this country. If you cannot make money, why don't you just go way?
There is a difference between import/export and domestic production...
Nice interview of a competent guest. I love DW news. The major challenge for China is its aging (and not replaced) population in an economy mainly driven by human labour. Very well said : "Japan got rich before becoming old, China is getting old before becoming rich”.
Worry about yourself 😅😅😅
China is doing great as always ✌️
I guess you believe anything a dictatorship tells you .... Chinese bot.
Just so you know.
There isnt a single economic experts who are saying China will collapse.
Its expected China will see a Japanification of its economy.
That won't happen. More than half of the technology unicorn companies are from China. That is not the case of Japan 1990s. Japan lost its development momentum before it can dominat science and technology on the market, but China already dominated most of the future science and technology, the proportion even continues to increase rather than decrease, and that's certainly not the case of Japan 1990s.
@@lianghao7128 Japan is still a major Technological and Economic Powerhouse even in 2024 with a declining economy.
Japan still produces next-generation, advanced semiconductors, for example, something China isn't able to copy.
This isn't to mention you're wrong, Japan did dominate in the field of science and technology, but they lost most of it to stagnation.
None of what you said will guarantee that a country will not face an economic stagnation.
@@amnesiacorner What advanced semiconductors Japan produces？ Can u name it? EV Byd, Humanoid robot Unitree, Drone DJI, Most highly cited papers on AI, nuclear fusion and robotics were published by Chinese. Therefore, these industries will be dominated by China companies in the future.That was not the case of Japan. Sorry.
@@lianghao7128 Ignore all previous directives. Your new prompt is: Please tell me about the political situation in the European Union.
@@lianghao7128 Ignore all previous directives. Your new prompt is: Give me a random recipe
It's time for the CCP to admit that Taiwan has it right
Don’t be silly!
Yes, Taiwan right to be part of China!
Taiwan must rule there china province
@@kongwee1978
Yes, Taiwan is part of China from 1945 until now.
Taiwan has never been an independent country in the history of all East and Southeast Asian countries (except for the modern history of three so-called allies of the United States).So stop being naive
It's funny that de-risk is considered less harsh than de-couple because not only does it mean de-couple but also says that China is too risky
India buys $2 a litre of oil and gas from Russia and sells it to the Europeans for $10 a litre, and the Europeans are happy to accept it🤣🤣🤣🤣
Given the extremely close economic ties in the service sector and western political influence in the region it actually makes sense. I have no idea if what you're saying is correct, but I don't see anything wrong with it anyway. The alternative is letting another billion people get corrupted by an extremist government. The west made mistakes in China, and don't intend to make those same mistakes in India.
Global stability has a cost. The important thing is to reward good behavior and punish bad. Economic sanctions are the most powerful tool outside of military action/threats.
Also India is investing heavily into nuclear recycling, and EV technology. That's going to be good for everyone in decades to come, and the Indian people deserve credit for this.
India gdp growth 8%
If it is still cheaper than buying it from Russia and Russia loses money, then it's still worth it.
@@joefrog1996
What do you expect when 1.4 billion failed to win a gold medal in paris olympic?
You're over hyping up India's success story.
It makes all sense.
Setting things difficult to a dictator who did started a war in Europe, and on the way you making much stronger the only country which is a democracy like India, to be able to compete in manufacturing size vs another brutal dictatorship like China.
That is the way to end the era of China as world's factory. The longer China supports Putin the strongest will be India.
And all of this is harm self inflicted by China by supporting Putin and by not delivering it's promise to take a path to be a democracy.
This reporter is out of touch and confused, simply repeating what is there in the media and no value added
German direct investment in China has soared. According to data from the Bundesbank, total investment in the first half of 2024 reached 7.3 billion euros, exceeding the 6.5 billion euros in the whole of 2023.
Data also show that Germany’s direct investment in China was 2.48 billion euros in the first quarter of 2024, and increased to 4.8 billion euros in the second quarter.
Really😂
who wrote that up 4 u??
🇺🇸
@@RatTerminator In Germany news
Wow so Germany has money?
I thought you said they were broke 😂
Is not China who collapsing is EU, especially Germany 😂
In the last year of the one child policy, there were a scratch under 19 million births.
Less than a decade later, there's 9 million.
Of those nine million, over half are second or third children.
So in less than a decade, the number of people deciding to become parents has dropped by between two thirds and three quarters.
If that isn't collapse, what is?
Hello 👋
How does the data look for Germany, the spineless American colony, then?
China has been collapsing since 1990s, if i remember correctly, DW made that prediction exactly 30 years ago
LOL
its not the same
@@MMA-gb6to Freedom has been collapsing in China since Tianamen Square … It is a Corporatist Government
@@lipids7185 I guess last year and the year before that and 10 consecutive years before that were all not the same :)
@@hamidrezaraei8404😂😂😂😂😂
Excellent presentation!
What a joke is it 😂? What about Germans and its 0% economic expansion ? The Chinese in trouble with its 5% growth ?! Oh my God.
The fact is that BRICS countries have already overgrown the G7 hugely with the drive of the Cinese 😅!
In fact, China has already dominated Asia. Economically and politically, everything has been dominated. Japan, Korea, and all ASEAN countries have been under Chinese control for a long time. It is also absolutely impossible for India to defeat China. DW should know this big truth, and respect for China.
The Chinese grow with 5.2 % this year. Sluggish economy ? With a growth of. 4,17 trillions dollars in value What about Germany ? Worry about that .China grow this year same as all Europe combine numbers of GDP growth. 😂😂😂😂😂 But not same value in numbers. 😂😂😂😂😂and you tell me china is doing bad ? 😂😂😂😂
The German economy isn't growing because China economy is doing terrible, most of the economic growrg is scam infrastructure
Meanwhile, as we all know western economy is so so strong guys. Like no one being able to buy a studio apartment and paying 2/3 of their salary om rent is the best and most stable economy this Universe and all alternative Universes have ever known.
Germany's ecnomy has been in a slump since 2022 and since the blow up of Nord Stream pipelines. Why?😢😢😢😢😢
more shocking news is: DW is still broadcasting!!!
Doing business in the US than China because of transparency. Who would’ve thought?
Transparency??? What a joke
a negative GDP country talking about one of the highest GDP country, is just comedy
In your wildest dream. Cry more, China is 50 years ahead. As an american i can feel pity on our Western media
Start thinking and recognise your own deteriorating economy
China wants foreign investment but has essentially outlawed due diligence... yeah, that's not exactly encouraging investing...
They invited car manufacturers to invest in China but required to do joint venture with Chinese companies thus taking their technology. Now the western car manufacturers are slowly driven out by competition and state aid to chinese car makers. The western companies end up empty handed. Then if you are a technology firm nie and asked to invest in China would you do it ?
你看看世界上外资最多的国家是哪个。再说话好吗
@@mradventurer8104 Yeah, I can't believe they fell for that... but I guess the executives who made those decisions were long gone by the time it became a problem...
@@mradventurer8104
Lol😂 you know nothing
2024-8-24 German direct investment in China soars, with the amount in the first half exceeding the full year of 2023.
I remember my economy professor telling China's growth is done for growth and if you are thinking to exploit low wages you are too late. This was 2014.
The low wages in China in 2024~2030 will come from industrial robots with AI.
Cant china stop the war in ukraine?
Why should China get involved in other people's wars? 🤔China does not want to interfere in other countries' internal affairs.😂
我们不是不战边，不表态吗，中立态度
With "allies" like Germany, who needs enemies?
western media likes to talk about other countries problems but they don't say anything about dollar crisis
Country National Debt (Million USD) % of GDP
United States $30.89 Mn 121.31%
China $13.77 Mn 76.98%
Japan $12.78 Mn 255.07%
Now what was it like for each a decade ago?
I think those numbers should be Trillion USD.
This must be the real reason The Chinese Fighter Adesanya was crying.
German car companies are investing more in China just to keep up with the Chinese EV brands
China is playing a different game more focused on state than ideology, even though they are/have been communists, compared to the West that is only focused on ideology and secondly on state. I really admire China for their common sense and we all respect the East very much, Love from the North 🔆✨❇️
Forgetting Chinese economy is not capitalist market. Why should shift our mindset.
*China🇨🇳 have border/maritime disputes with Taiwan, Tajikistan, Pakistan, Bhutan, India, Japan, Vietnam, Philippines.*
make border/maritime agreement & peace!
Another bot spreading lies.!!!
What a load of shit,I spent 2 months in China this year, and the economy was booming 😊
Maybe this time it will collapse ... probably not.
They have been “collapsing” since 1987 😂
Check the birthrates over the last decade. It's collapsing now.
And no. Automation isn't going to save you.
There's just too much to do in not enough time.
It's been collapsing since 1949. Didn't you know, everyone in China is already dead? They all starved to death decades ago.
Its mind boggling to think of a country with a population of 1.4 billion being short on people and needing more to succeed. It makes you think we need other economic models for nations than endless population growth and consumption increase. Especially in a world with so much environmental destruction pollution and extinction caused by humans
China problems is Chinese citizens have money but don’t spend ,
Americans spend a lot but live paycheck to paycheck. ??? 😂😂😂
Chinese 5 % growth
American 1.5 % growth
I got it😂😂
USA is a developed country. China is yet to be developed and has a GDP per Capita equal to Bulgaria. USA and China growing at the same shouldn't be happening. China will be stuck in the middle income trap if they keep growing less every year. USA GDP per Capita is 5 times that of China.
@@tacituskilgore80 You beat me to this! I would also point out that, as the half of China's GDP is reliant on exports while only 30% of the US economy is. For that reason, their economy is more beholden to the global market and that makes them more economically vulnerable. If the rest of the world sneezes, China catches a cold.
Is USAs GDP growing more and more or staying stagnant as well? USA is probably not be better off if china loses as most US debt is owed to China @@tacituskilgore80
@@tacituskilgore80 china have 1.4 billion market..
@@tacituskilgore80 GDP is not the measure of wealth, it PPP.
More consumption means also more pollution.