JPMorgan says China can't be ignored: 'you have to do business there'

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  • เผยแพร่เมื่อ 21 พ.ค. 2024
  • Sjoerd Leenart, Asia-Pacific CEO at JPMorgan, said that in spite of all the rhetoric, a lot of international companies are still investing in China.

ความคิดเห็น • 47

  • @windsong3wong828
    @windsong3wong828 28 วันที่ผ่านมา +53

    China GDP based on ppp had already greatly exceeded USA.
    Paying USD80 for a doctor in USA visit VS USD5 for one in China skewed the numbers.
    Sales of cars , computers, etc are much higher in China than USA.
    No big worldwide companies can ignore China.
    Look at Boeing vs Airbus.
    Airbus is thriving…..Boeing is spiraling down.

  • @basque888
    @basque888 28 วันที่ผ่านมา +26

    Interviewer sounds downright stupid. If a country with 5% GDP growth and low inflation is "uninvestible", then the UK and EU with near zero growth and high inflation is what?

    • @stvdmc2011
      @stvdmc2011 28 วันที่ผ่านมา +6

      Anglo are exceptional...

    • @erwin734
      @erwin734 27 วันที่ผ่านมา +2

      Hahaha

    • @ssrae-2229
      @ssrae-2229 23 วันที่ผ่านมา +2

      they are paid to say what THEY want you to hear ::

  • @keefooyuen1487
    @keefooyuen1487 28 วันที่ผ่านมา +38

    China uninvestable? Haha what an idiotic sayings

    • @peterchindove7146
      @peterchindove7146 28 วันที่ผ่านมา +4

      Don't tell him. He will wake up in 20yrs stLt wondering how China did it...again.

  • @johnmcentegart007
    @johnmcentegart007 28 วันที่ผ่านมา +13

    London is In Uncle Sam’s back pocket

  • @kckoay6211
    @kckoay6211 28 วันที่ผ่านมา +7

    The measure of an economy is a nation’s ability to produce goods and services. Today, with China’s huge, well educated, and industrious populace; and inarguably the most extensive modern infrastructure in place, the economic momentum is unmatched elsewhere on the planet.
    “China collapse” or “China has peaked” are just evil wish driven a convoluted feeling of fear and jealousy. But sorry, that is not going to happen!

    • @SK-lt1so
      @SK-lt1so 25 วันที่ผ่านมา

      Per capita GDP

    • @kckoay6211
      @kckoay6211 25 วันที่ผ่านมา

      @@SK-lt1so
      Dude, Belarus is a country of 9.2 million people, with per capita GDP of $7,500 (PPP$24,000). China is a country of 1.41 billion people with per capita income of $13,100 (PPP$25,000).

  • @theintelligentcompounder
    @theintelligentcompounder 27 วันที่ผ่านมา +3

    China is #1!!!

  • @theintelligentcompounder
    @theintelligentcompounder 27 วันที่ผ่านมา +3

    China is the best country in the world!

  • @eddylee3826
    @eddylee3826 28 วันที่ผ่านมา +17

    China policy! Let's engage in business together without any political constraints, ensuring mutual benefits for both sides. A win-win situation!
    In America, let's start by abiding by our regulations only, while also being open to adjusting them swiftly when needed. Your nation is expected to follow our guidelines, stand with us in war of conflicts, as no other country should surpass the profitability of the American government. Any violation of our regulations will lead to sanctions and the confiscation of your financial assets, which will then be redirected to benefit the American elite.
    China brings mutual benefits to both parties.
    For America, it's a victory for us, and a loss for you.

  • @theintelligentcompounder
    @theintelligentcompounder 27 วันที่ผ่านมา +1

    I sold out of the US and am now fully invested in China.

    • @tomsunwifi2767
      @tomsunwifi2767 12 วันที่ผ่านมา

      US still has the most institutionalized funds so cannot ignore US. just avoid the tech companies which will likely be made irrelevant in 5 years

    • @tomsunwifi2767
      @tomsunwifi2767 12 วันที่ผ่านมา

      46% savings rate. interviewer clearly ill informed

    • @theintelligentcompounder
      @theintelligentcompounder 12 วันที่ผ่านมา

      @@tomsunwifi2767 agreed. But Ive divested towards China (BABA, TCEHY, JD, BIDU) and am slowly rebuilding a position into the US through a total world index and total world value index.

    • @theintelligentcompounder
      @theintelligentcompounder 12 วันที่ผ่านมา

      China is, or will be, the eastern equivalent of the US, or superior.

    • @theintelligentcompounder
      @theintelligentcompounder 12 วันที่ผ่านมา

      @@tomsunwifi2767 I would argue cannot ignore China. Investing in China requires a studious understanding of the country. There’s nothing special about the US right now. Lots of debt, risk of political instability, fairy valued (outside big tech). US is important, but Home bias risk cannot be ignored.

  • @jimkuan8493
    @jimkuan8493 24 วันที่ผ่านมา

    People ask why India is the graveyard of foreign investment? The root cause is that India's federal government has not much control over the local governments. And the local governments are mostly controlled and funded by the local enterprises and families. They are the real lords of the land. So when a foreign company is lured into India by the prospect of India and the promises of the Indian federal government, they have no idea that they are walking into local snake pits. NOTHING is going to work. No workers, no water, no electricity, no supply. Constant conflict between management and worker representatives. And the local governments will keep harassing them, on the behave of the local enterprises.
    Eventually, these foreign companies will give up and sell their assets cheap to the local enterprises. It is repeated all the time. There are enough STUPID companies executives who fall for the Indian Honey Trap. There are two reasons, one is of course stupid. The other is that these executives do not care about the result of such investment. They just want to come up with the "promising Indian market and investment" plan, get good bonus and payout, and leave the companies with a golden parachute. And the investors of these companies will lose big 5 years or 10 years later.

  • @josephloh1506
    @josephloh1506 24 วันที่ผ่านมา

    The interviewer is asking leading questions, and clearly not knowledgeable about global economics

  • @fundingsecured7072
    @fundingsecured7072 24 วันที่ผ่านมา

    Guy needs a hair cut

  • @SK-lt1so
    @SK-lt1so 25 วันที่ผ่านมา

    Per capita GDP

    • @DW-op7ly
      @DW-op7ly 25 วันที่ผ่านมา

      You do know GDP means nothing right?
      The USA GDP is a vaunted 29 trillion
      But they still have to borrow 1 trillion every 100 days
      China is averaging over a 820 billion dollar trade surplus with the world every year
      Mexico is averaging a 100 billion dollar trade deficit with China every year

  • @user-ug3rz4cu4s
    @user-ug3rz4cu4s 28 วันที่ผ่านมา

    Fchina

    • @honyeechoong9351
      @honyeechoong9351 28 วันที่ผ่านมา

      You gotta F your own kind for wanting to do business in China. If you can't, pity yourself for being helpless

    • @outerspace8158
      @outerspace8158 28 วันที่ผ่านมา

      Fyt

    • @jacksmith-mu3ee
      @jacksmith-mu3ee 27 วันที่ผ่านมา

      Why