Why China Doesn't Care About the Stock Market
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- čas přidán 7. 02. 2024
- China Beige Book CEO Leland Miller explains why China's real estate sector meltdown and stock market rout are not going to influence the country's authorities to stray from long-term security and economic goals. Leland speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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How dare they not prioritize the stock market but the people and not the top 1%
No one in this video said that
@@wazukyan7696their tone of voice said it
Bang on
@@wazukyan7696 53% of the shares in the US stock market is owned by the richest 1% of Americans. And the wealthiest 10% of Americans own 89% of all stocks. So prioritizing the stock market prioritizes the rich.
LoL wumao maggots used to chest thump about their inflated GDP thanks to this same property bubble. And now they are acting as if they want the bubble to collapse for betterment of Chinese population.😂
I love hearing people who are so confident in what they have to say that they are closed to the possibility that they are wrong.
And they talk about dropping dogma...
unfortunately so many of these so called financial experts are like that especially when it comes to stock market. Almost all of these china experts don't even know much about china but they just assume that the markets and even the government there are gonna behave just like they do in the US.
Concerns of a potential debt default in China triggered a market sell-off, impacting both digital and traditional stock markets.
Japanese companies with operations in China, like Hitachi Construction Machinery, saw market value declines.
} I invested wisely under the 0:07 guidance of U.S Fin-Planner *MonicaMaryStrigle* 0:00 who shorted Chinese Index, yielding significant gains up 173% in 2023 under my portfolio.
Under-monica Mary Strigle she helped shorted Chineses index 0:76 which lead to significant gains of up to 173% in 2023 under my portfolio
Monica Mary Strigle google that name
She's a U.S fin planner and she helped shorted Chinese index which yield significant gains of uo to 173% in 2023
In China the corporations work with the government (because they have to). In the US the corporations pick the government.
People wonder who the boss is, and that's the irony.
So you prefer dictatorship
@@kartikshetty5420 Most people prefer any government that will provide peace, personal safety, and economic prosperity. Singapore has an authoritarian government, and the Philippines has democracy. Ask the people which of the two they prefer. Anything beyond that is just a façade.
@@Birdylockso Facts 100%
@@Birdylockso
and still
i would not want to live in china as a citizen ..
The difference between United States and China is, in US, capitalism dictates government policies making and in China, government is in control. Second, Chinese government see stock market as a tool to raise money for industrial development. On the contrary, in US, capitalism use it for speculation and manipulation purposes.
Evergrande?
@@carygit went the way it did because China started tightening loans to curb over leverage.
Hence the Evergrande saga. Or else, Evergrande did be still around.
@@carygthe current Evergrande crisis is a result of current government intervention and a lack of government intervention in the past.
Did the Chinese government didn't want their citizen to be unnecessarily in debt (or making their children shoulders the debt of their parents)? Or did you meant something else 💀 man, economic is harder to understand than biology @@imjanng
@@caryg that was on purpose, ccp began carrying out investigating many real estate bubble to burst to avoid anything happening like 2008 financial crisis in US. Too much dependence on one sector is never a good thing, so now they are trying to shift it on other sectors.
the interviewer thinks going to mandarin oriental hongkong gives him street cred that he knows china, go fly kite
Well said 🤣
He is investor in china, he must know china economy if he dont want to loose money
@@anomalianomali5080 that's loose logic
Mald?
Hong Kong speaks Cantonese, not Mandarin. Mandarin is in Beijing and northern China.
American are frustrated that China is not bailing out stock market and forcing their citizens more borrowing to consume 😂😂
Frustrated isn't the word I'd use. Intrigued and bewildered fit better.
@@trevor3013it's both. We want them to follow our rules and way of implementing capitalism. China won't ever do that as a country governed by a communist party though.
How are we being forced to borrow if most of us can't qualify to borrow? Your statement makes zero sense.
@@nunyadambusiness3530Why American so much drugs.and china has close to none
If China didn't censor their media, you'll see 10x more Opium addicts than our drug problem. We have 1/5th the population soooo... Plus your country produces the Fentynal, so we already know millions have likely died from it in China, just not reported. Enjoy living in "paradise"!@@cdcdsb658
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree. Based on personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has experienced exponential growth. It’s not only about having money to invest in stocks ,but you also need to be knowledgeable,persistent,and have strong hands to back it up.
I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up .
Sure, the investment-advisor that guides me is..
MARY TERESE SINGH
It’s amazing to keep seeing people making guesses of what xi is thinking and what he will be doing etc. I don’t know, you don’t know, the interviewee definitely won’t know too
Definitely true. And predicting economies in general is almost impossible.
Maybe they know， but they don't want it be true.
Why is it amazing? Everyone is trying to make predictions based on what they know. It's amazing if you don't try to predict and position yourself.
You don't know that they don't know.
that's it, I keep telling the same thing..Kleptocrats, other that stealing what can put their hands on, have no idea or strategy. This is why iran, nK, Cuba, Turkye's Erdogan, Putler, Xi, BRICS all have in comon: kleptocracy, not ideologies or economic models. Running a concentration camp is NOT an economic model. The differnt way to achieve capturing a country , that is all the differencies: religion, brutal force, populism, fake socialisme/communism etc
Maybe they knw something you dont 😮
They cared about long term, like decade long economic growth. not the stock market fluctuation.
Yup. Socialist countries like the USSR and China were/are able to do 5-year plans that successively build on each other, while capitalist ones can barely do 2-years, partly cuz the ruling party is just worried about the next election.
They wont act like wolf warriors if they do
Please try not present shallow bias and falsed information to the public just because it helps your stocks
lol when US forgot its 34 trilliom dollar debts
in terms of debt to gdp ratio, if you use china's real gdp which is 2/3 smaller than what they claim, China's debt to gdp ratio is close to 300%, far greater than any other country
@@blahbleh5671 comparing apple to orange? US federal vs China's total debt
what? I'm comparing the same thing, government debt?@@googlerefer7527
@@blahbleh5671 how idiot you are bro 🤣
@@blahbleh5671lots of those were spent for infrastructure building, so why worry about it?
Foreign investors are suffering but i dont see people suffering
Oh ppl are. My family friends are all saying it's difficult to find jobs. And when I visited the shops were empty. The economy is slower, young people are not having a good time.
But ppl know this too shall pass. This is nothing compared to what our parents generation has had to endure.
It's a difficult situation, but it is what it is you know
LoL wumao maggots used to chest thump about their inflated GDP thanks to this same property bubble. And now they are acting as if they want the bubble to collapse for betterment of Chinese population.😂
dont check us embassy's giraffe post on china weibo, and absolutely dont check the comment section
dude ppl were always suffering, it's only the amount that increased
@@dewinmoonlYea, I have colleagues saying things are not as good as before right now but I think the Chinese people would revolt if the Chinese government bailed out the real estate and gave money to Blackrock.
The leaders of China are engineers, not lawyers or economists or analysts, they don't take stock or GDP as everything, they would think techology and industry are at the heart of all current issues.
那是过去
Xi only graduated from elementary school. Gosh, you should move to China if you envy dictator so much.
2/3 of Americans are living paycheck to paycheck and we are suppose to trust the financial advice of Americans on the economy? 🙄
then why are your kinds dying to move to the US?
Short answer: Yes ; in this case.
The alternative is getting advice from the chinese in which case the entire economy together with the stock market are driven to the ground.
@@pushsliceIf you say so😂😂😂
@@pushsliceIf you say so😂😂😂
Because they care about the real economy
China is putting money into high tech industries not just because it want to be independent, but also because its increasing labor cost forces it to move up the supply chain. The West doesn't like the supply side investment but China has to do it to escape the middle incone trap. Demand side stimulus will create a bigger China market for Cinese economy and the West. However, this is second priority for China as long as low demands do not threaten its social stabulity.
Exactly, this is the focus for the next 5 year.
Yeah, West only wants cheap labor and not competition.
Totally agree. Well said
President Xi smashes the tech industry before, and he will smash it again. Like a child smashing lego sets.
@@Ultradude604 He didn't smash the tech market. A look below the surface would have you understand that he merely solved some problems in the tech sector that was wayyy overdue. Alibaba was no longer allowed 200:1 bets(you may understand that 20:1 bets caused a financial crisis in the West in 2008), on line gaming got set a time limit for underage teens. Sure these measures smash stock prices, but are actually healthy for long term growth of the market.
Walking on a treadmill backwards is a great workout tho!
great for your knees, you old boomers should check out knees over toes guy and do some of his program. great stuff
I did see a guy do that at Planet Fitness. I was like "what the heck?"
Deflation in China is not as that bad, Chinese wage growth is 5% while food and energy (gas water bill) deflation is 5 to 10%.Chinese people have net real gain of 10%.where in America,wage growth 5%and inflation is 5%.Americans have net gain of 0%.
Deflation is bad. Cheaper products translates to slower growth
@@trevor3013 Deflation on cost of living benefits the country's production. Also, deflation is bad because it usually means less consumer spending. But in China's case, people are spending less on necessities and more on luxury due to their extra cash flow. It's all about the context; even inflation can be a good sign of increased cash flow. It's just in the USA, we associate inflation with overprinting and deflation with contraction
@@icodestuff6241 That's completely inaccurate. Deflation is bad for any nation. The reason deflation is bad for china is that the value of good decreases even for trade which china is heavily reliant on. Deflation also leads unemployment which china is already suffering in huge numbers and increases china's staggering debt which exceeds that of even the US by a large margin.
Ignorant much. Cheap energy from Russia + automation = lower prices!
those 20 percent unemployed youth would like to have a word though
China is trying to shift to high tech economy from cheap labor one. It won't be a easy process but it's necessary.
1.4 billion can they even create that many jobs?can the world even support China's economy?
USA and EU are bankrupt and neck deep in debt,US total import from china is $550b,hasn't grown since 2011 while China's total export has grown from 1.1b to 4.3b.
Capitalism is at its limits.....
4:48 Stop interrupting!
A good interview.
Singapore experiencing 17th months of electronics, storage, semiconductor, precision engineering negative export growth. In general our manufacturing and engineering industry sucks. 40% of interviewees feel they will be retrenched in the next 3 months. Yet, our inflation is spiral upwards and not subsiding. China has a better situation at the very least consumer items, food, energy are getting cheaper. Doomsayers were eager to paint China stock market, property collapse. They missing out or rather choose to miss out the whole picture.
They got Deflation. Prices cheap, but they can't put 2 pennies to buy stuff. That's not better.
Singapore is entirely export driven. But export is under 30% for china.
@@Ultradude604😂 What a brainless person like you is saying is so funny. China’s economic growth is 5.2% and deflation is -0.2%. I don’t know how naive you are to think that Chinese people are very poor.
lol, this guy thinks deflation is good, and wish it for Singapore.
@@wendyhoh1244 Just print money 🤑 out of deflation lor. Simple solution.
Consumer confidence doesn't matter. The only thing that matters is: Can you efficiently produce good quality competitive products that people need?
Very interesting interview! The economic priority of the Chinese government, using President Xi's words, is high quality growth. For the government, sectors such as real estate and consumer products have had too much capacity and need some corrections. That's why they are not bailing out the market. More pain is expected.
This is bringing china straight towards north korea
@@derekl190 You are exactly right. That IS the sentiment among most of the Chinese that I have spoken to during my trips to the mainland.
@@derekl190 You guys have no idea, they want to be a Germany with 1 billion population size, and ,ofc, with a cheap Russian energy or renewable energy. How could N Korean have anything to do with Germany 😂😂😂
@@directxxxx71
Really,, Germany is loosing its status as Germany we’ve known as the productive engine of Europe,, they have terrible demographics only surpassed by CCP,, China does not possess what is needed to compete as a tier 1 country ,, just manufacture and assemble and even that requires investment beyond their reach..
In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers.
Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate.
Even then, It took them almost 14 years to get their overheated real estate under control
Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018
Why is their Central Government doing this?
Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen.
Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need
In China
Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married
Thus the common prosperity push and the crackdown on the overt displays of wealth in China
Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
Generally ‘expert’ is not a position one earns, it is title bestowed for various reasons. Few experts have anything more than a high opinion of themselves.
Interesting, thanks.
The West always forgets that the Chinese are EXCELLENT MATHEMATICIANS. And now the Westerners are studying and trying to analyse something that in the West can be regarded as an anomaly.
Huh
That's kinda racist.
They cant calculate their way out of tofu dreg construction
Oh wait they did, thats why alot of them become mathematicians
@olokia-cd4np yeah, the Great Wall of China is a tofu dreg that it has existed for hundreds of years. It seems you Westoids have fries for brains. Or perhaps, your brains are fried you only care about killing and bombing.
Not all China's consumer prices drop. The average rate for 2023 is stable at 0.2%. Unlike the West, China did not bailout the property sector for good reasons, hence you see property companies like Evergrande one of the biggest property company in China going bust. In fact there are minimal advantages bailing out the property sector. China choose not to use good money after bad. Instead they are being use to build up consumer spending. This will contribute to growth of the the country.
china's property sector is one third of their economy and a lot of people there tied their money to it
中国现在发力点在创新，高科技，产业链。看看现在的中国产品，质量越来越好，即使你否认也没用，这就是事实。
10 years ago I thought transition to high quality and high tech manufacturing would take China 50 years. I am delighted to be proven wrong.
高质量等级的产品一直都能造出来，关键问题是消费者没有那么强的消费能力，所以商家就只能拼命压缩成本，生产廉价能走量的产品。现在也都是这个样子，拼多多上便宜的离谱的那些商品养活了产业链上下无数人
It's quite funny to see American analysts getting frustrated with the fact that China is playing by different rules as opposed to what the Americans would want.
Stable is good compared to volatility . Too much growth might not be good. In fact, a small adjustment is good for long term. Overall people are happy & think the gov is doing the right thing for the country. Remember the world is not doing well and some countries are suffering and struggling not to go into recession or even depression. It might not be the same as before for high single digit growth, but at least China still have positive GDP growth compared to the rest!
They'll stimulate once the US starts cutting rates
Stocks market doesn’t represent the economy of China.
China is facing deflation
& stocks are plummeting
6 Trillion have been wiped off
@@stevewilson4718source trust me bro
Wow, this analysis was very accurate
we call it '以人为本'
其实房地产驱动的经济发展更像是系统性的，通过房地产来掠夺居民财富
So far there's been no meaningful shift away from funding local governments via infrastructure and the CCP's policies of ordering banks to loan extra funding into troubled real estate looks much more like a bailout than an attempt to shift away from housing's importance. I don't think the CCP has any fantasies about themselves doing just fine here. Deleveraging something as massive as housing when many local governments can't even seem to provide a theoretical pathway to solvency without it is no easy undertaking, and none of the hard parts of that challenge have even started yet. Thus far China seems to be just waiting to see how far things fall before the facade can be resumed. The average Chinese can't take on the increased tax burden, they've already filled the labor pool, and domestic consumption is tapped out too. All of the major traditional ways of funding a local government are stressed to capacity.
China's only option is to convince the world that the miracle continues and to resume growth until they can buy their way out of this mistake. Because ultimately China's local governments must be funded with property taxes, rather than property sales tax.
Great comment!Thanks.
... buy their way out of their mistake? You forget China is a centrally-planned government. 😂😂😂
In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers.
Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate.
Even then, It took them almost 14 years to get their overheated real estate under control
Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018
Why is their Central Government doing this?
Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen.
Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need
In China
Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married
Thus the common prosperity push and the crackdown on the overt displays of wealth in China
Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
@@DW-op7ly I believe the West can't realize why the CPC has had to do this. The West's attitude is more about individualism. They failed to realize this problem until they see homeless people. But then, they can't even pinpoint the root cause of this problem. Or perhaps, they have been trying to convince themselves that some people could not cope living in urban areas and should instead opt to stay in rural areas. But then there are limited opportunities in the countryside.
The Chinese government seems to have already seen this problem years ago as you pointed out. The glaring issue of increasing number of homeless people in the West more recently might have somehow pushed the CPC to enforce its change in policy in the property sector. But then the Western investors have been crying foul over this, perhaps, resulting them to exacerbate their anti-China sentiment by spreading false anti-China propaganda by reporting China economic collapse. The jokes are on these Western clowns.
This is a great comment for Republicans in the US to read because they would love to do away with every conceivable tax and it just isn't feasible.
Export driven market is not guaranteed forever. And real estate is a second whammy. It happens to japan, hong kong, Singapore, Taiwan and south korea. They need it ever before to switch to consumer based economy. Instead than looking external. They should look internal.
But then the dire situation of property ciris, unemployment and aging demography dividend. How about that?
Social security and Monetary security. Nobody talked about that.
Honestly these are non issue. China has a floating population of 300 million. They can just move about.
In 2023 China was doing far better than the USA, which is on the brink of national debt default, several bank collapses in a row, massive layoffs in tech industry, nation-wide worker strikes, global de-dollarizaton, skyrocketing inflation even after so many interest rate hikes like there's no tomorrow
In the US, the economy is highly financialized, capitalized, and prone to speculation, with almost all aspects linked inseparably to the stock market; thus, the U.S. government is wary of and does not permit a significant downturn in the stock market. On the other hand, in China, the stock market is perceived as a gambling arena for a relatively small group, where winning is favorable but losing does not pose a threat to the foundational stability. Hence, if a guest commentator insists dogmatically that China must adhere strictly to the American way, they would be gravely misguided.
China cares about it's people, something the west should learn.
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
"significant slowing growth" while China grows at a rate of 5%, the US at a rate of 3,5% and the EU at rate of 2%
So criticizing an economy who doesn't have the option to print paper (or better yet, doesn't need to) and still being overtaken by them.
Sore losers.
They are so right not to care about the stock market. Caring Stock market is like caring for the rich and jobber.
I heard some theorioes that they have many Millionaires, Billionaires as lomg as those people consume. The other people are just livestock to feel the crunch. As long as the Chines Millionaires and Billionaires consume Stock Market doesnt matter to them.
Leland Miller telling it like it is!
The market exist to serve the society, not the other way around.
How much consumption can you do, or in this case the Chinese.. Where everyone lives in condos?? Limited space to put stuff..
Poo bear don't care if you got any honey cause he's got his own hive.
The reason as to why the CCP doesn't care about the stock market is simple. It all comes down to control. economic freedom equates to true freedom and the CCP is all about subjugation, exploitation which ultimately requires control. The biggest concern for the elites of the CCP, is, how do I retain power? The same concept applies in capitalist societies too. Whether communist or capitalist, the elites desire control and they generally are very good at achieving their goal.
They care, but unlike us, they don't want to inflate the way out
Things are going digital.... SWFTcoin, XRP, XLM, XDC, HBAR, ALGO, BITcoin....
Stock market is not the economy of the country
Those good for the US not necessary good for China, and vice versa
It's still a socialist system at the end. Sharing is good. Greed is no good. A bit of capitalism helps everyone. But too much capitalism leads to exploitation. Time will tell if this works.
It's not socialist at all. In some way it's more capitalist than many European countries.
Even the general assembly is filled with businessmen.
@@leanlifer That is my point actually. It’s becoming a bit too capitalist in recent history. A bit back to their original socialist ideal is bound to happen sooner or better.
They do care about the stock market. Look at all those moves they did recently. Even the head of CSRC is replaced
There are at least 200 million Chinese market participants. Plus they're well connected and well educated. Xi is quite worried what these participants will do. They're gonna stimulate and support the market after the new year celebration.
I think these people have the LEAST instability risk. They are well educated and definitely financially stable so that they have spare money to invest. Why would they be the source of social unrest? Unrest is bad for them and would definitely ruin their life and finances
On the other hand, the poorer, unemployed population is a bigger concern for social stability. These people would actually take to the streets
@@harryhan2525 they already lost so much money and in the market. Plus not all are wealthy. 200million is 10% of the chinese population. If you exempt the minors it would be more like 20% of the working population. The number of these people are by far higher than those in real estate. That is why Chinese authorities are acting fast to boost the stock market. You can see the fear in way they are changing top officials in finance.
@@youngk4513 I’m one of them. Honestly I haven’t lost too much… I have 500k and lost 17k
@@harryhan2525I'm one too. A lot of ppl lost and a lot unhappy about it
@@youngk4513 我亏的真不算多 数额也是 比例也是 亏560的人比比皆是
The CCP does not care about the stock market, but it does care about foreign investors. Foreign investors do not care about the CCP, but they do care for the stock market. This was never going to be a long-lasting relationship.
Basically, one child policy has destroyed all the demand for housing.
No, they burst the real estate bubble on purpose before anything like 2008 financial crisis happens.
LMAO making China care about stock market is like making CHina capiatlist. Fatal mistake.
Wow, American experts talking about China's economy and telling the Chinese what their government should do
stock market is just money gambling.. my loss is your gain ..you loss is my gain..
Investing in anything short term is a gamble. You have to invest for the long term. If you want to get rich quick, then you take big risks. If you want to get rich slowly, invest wisely.
Global investors Loading the AI and EV sectors. ARM rising 57 % Today after earnings beat. SOUN..Up 6 %.. SoundHound. FSR rising 3 %.. Fisker. Electrified Tour through 17 US Cities... LILM.. ACHR ..JOBY .EVTL Evtol Electric Jet stocks climbing.
I always find it funny when commentators from a country in $34 trillion of debt criticise Chinese economic policies.
Only rich people worry about stocks
the party thinks it's doing a good job? evergrande, a giant real estate company is about to have a lehman moment
SB
I have relatives living in China. As far as I know, they are living a good life. The standard of living has been improving for the last 50 years.
They are not members of CCP. But like what CCP and Xi Jinping have done for them.
I have worked in China. People are happy with their life.
提问者的傲慢和偏见令人震惊，我是中国人。这两年确实比较难，但是房地产泡沫和股市泡沫被安全的刺破了。这会给中国更加安全的金融环境，和更充足的投资制造业的资金。
Stock market is like betting on others bets
China has her own way of doing things.
They are the people of dragon
For protect from covid we used
Advance enzyme product.
We use this from last 10 year.
This protect our family...
They are going the Soviet way and forsaking everything else in the name of grand geo-political maneuvering. The Soviets learned this would work for a while, but eventually the consumer economy caused the bottom to fall out. Will the same happen to China in a couple decades, and then they will *never* be able to realize their huge ambitions?
The comparison is ridiculous. China has a market economy controlled by the PCC. It has been producing consumer goods and floaded the West with their goods in recent decades. Did it ever happen with the Soviet Union?
I LOVE CHINA!! I LOVE CHINA ON ITS WAY DOWN!
🌿💫📈📊📈BLOOMBERG...IT'S ALWAYS BLOOMBERG.📊📈📊💫🌿. EllS🇧🇷🎨💫
vow, see this old man, the way China deal with current economic situation looks mad him, but why? because you run out tactic to trip up China?
China is trying to find a way to deleverage from the western markets and still have prosperity, but the country as a whole has not gotten the message and the government has yet to figure out how exactly that works, scary if they do though.
China trading with its Belt and Road partners is a good start
They're doing it, with the chips and go search for the education reform that came out in January. And the US is doing it for China, by sanctioning Russia and securing long term cheap energy for China.
Because they have another option, hehe.
There is a myopic view of the PRC in the west, as the west is focused on the economy, economic growth, free market and increasing wealth. There is perhaps not the same focus in the CCP which is why the internet is filled with videos of the impending collapse of the PRC which never seems to occur. While a collapse is unlikely to occur the economy is no longer the global engine it used to be. I saw this same effect with Japan, with constant Main Stream media opinions calling Japan a basket case and speaking of the lost decades. Within japan the real GDP per person has constantly risen and generally kept up with the US, while unemployment is very low and average person generally lives well. The stock market traders and property speculators may not be so happy, and as they control the narrative this is why the media constantly talks about he lost decade. The same may be occurring in the PRC, although unlike Japan the average citizen will not be doing so well. I doubt the PRC will collapse but I also doubt it will be the economic engine it was between 1999 and 2009.
china is fxckin collapsing and yet begging china to buy us bond? can u c what the media doesn’t tell u the big picture?
since china is collapsing then y not beg the superpower advanced country india to buy our debt bonds
China is no longer the global engine? Show your stats, which country contributes most to the WW economic growth, then. Do you know the difference between US and China in calculating the GDP? I recommend you do a little research first.
Bank of Japan buys on its own in the Japanese stock market😅
I think a key difference between Japan and China is the size and depth of their reserves in natural and human resources.
Japan was the 2nd largest gdp during the "lost decade", but if you just listen to these tards, you'd think Japan is in a mad max dystopian.
China DOES care about the stock market because that's how capital is raised. Stocks crashing means you can't rise much money. The ordinary chinese can't/don't invest in stocks because there is too much fraud and political risk in the chinese stock market, but non-state owned businesses still have to rise capitals using it.
Chine is State government planning
Why isn't china making sure there is less fraud in the stock market?
The same old cold war hawks spitting the same bull over and over again
If China doesn't care about the stock market, why does it have one?
This is because the Chinese government seeks to diversify its economic structure in order to give some private enterprises room to develop. Only in this way can it achieve greater stability. Although listed companies can develop rapidly through the stock market, it is clear that listing is not a stable model. In contrast, government investment can also obtain large amounts of capital, but it is more stable (not susceptible to international capital).
Lesson to learn: Never behave like a superpower while you are not:))
Is that why 4 banks in USA failed
AND YET THE GIGGEST HEDGE FUNDS ARE BUYING CHINESE STOCK IN LAST TWO WEEKS THAN EVER
Most of those investors in stock market are foreign investors. 😂😢😅
🤣🤣🤣 houses are for living. 😁😁😁
CCP has more wealth than any government around the world...Stock market isn't their concern lol 😂😂😂
why should he care? Economy still grew 5.2% last year, why should the gov launch a stimulus? so that stock price can rise? what fracking logic is that?
the west is in decline so they want to project their insecurities on their biggest competitor
Seriously? Ask around
USA keep painting money ..?
He doesn’t know what he’s talking about and doesn’t know what is really happening in China.
Just go there and see for yourslef.
Haha. You guys no HK and six blocks of Beijing. Americans basing a discussion on false asumptions. I have cycled 10000 km in China the last three years. Nearly all rural. I see no sign of fatigue and collapse. Things are improving. Some city areas and unemployment are issues and things are tighter for some. But its very uneven. Things are still improving. Reigning in the power of real estate. What a wise move to make. Growth is still healthy and the population is falling. Moving away from foreign dependence. Also wise the way the West behaves.
Armed fishing trawlers in the Phillipines, jets over Taiwan, Belt and Road blackmail. It isn't just the U.S. using bully tactics.
No property speculation n asset inflation by the rich at the expense of the common man. Housing is not to be speculated but a basic human need for shelter.
Not all civilizations are equal and universal. 1911 China overthrew the Qing Dynasty and became a US style democratic republic. Her President actually hired a US advisor to help draft a US style Constitution. Within 10 years it failed and degenerated into warlordism. A central gov remerged in the late 1920's that was one party led by a strongman. The KMT decided to suspend democracy in order to establish security. Once security was established, continue pathway to democracy. It was interrupted by WW2, but corruption and nepotism still widespread. Communist overthrows KMT and begins Maoism. Maoism was a disaster and the nation stagnated economically, but corruption was severely curtailed. Nepotism was still a problem. Deng replaced Mao and abandon Communism for Capitalism with Chinese characteristics. Corruption and nepotism exploded, and instead of Capitalism with Chinese characteristics it was reckless American style Wall Street capitalism on steroids. If China must retrench she must look to her past to see when she had some semblence of order with less corruption and chaos. Unfortunately, of the post Qing eras, Maoist central control was the least corrupt and the basic needs of people were met (2 meals a day, shelter and rudimentary services) versus massive unemployment, loss of savings and jobs that China faces under the go go Capitalism of the last four decades. Xi probably will be assassinated, China will go into a civil war before a new strong man appears to re unite the fragmented country again, assumming outside powers do not keep the civil war going.
wrong at many levels.
Stock market is not like the Uyghurs.
China is powerless in controlling it.
Lol😂😂😂 troll always spouting fake news
China is not like Afghanistan. The USA will be powerless in stopping her
傻逼
Because they can’t do anything about it.
the moment he said "totalitarian regime" i know that i am done with this video, this guy knows nothing about china