Video není dostupné.
Omlouváme se.
Live: How China plans to resuscitate its economy | DW News
Vložit
- čas přidán 18. 08. 2024
- China is holding its biggest political gathering of the year this week. The country’s leadership has already announced a raft of measures to resuscitate a plateauing economy. Will it succeed? Join us for a discussion with DW’s China expert Clifford Coonan.
#china #economy #nationalpeoplescongress
Subscribe: www.youtube.co...
For more news go to: www.dw.com/en/
Follow DW on social media:
►Facebook: / deutschewellenews
►Twitter: / dwnews
►Instagram: / dwnews
►Twitch: / dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: / dwdeutsch
Wait, but doesn't VW EV's also receive the Chinese government subsidies? Tesla as well for that matter. VW can't compete with the Chinese brands not because the latter receive subsidies. Certainly Chinese learned a ton from the German car makers (the German car makers earned tons of €€ in return), but to say that Chinese can't innovate is untrue. Did Germans invent the blade battery? Are there any other technology companies in Europe than ASML? Is democracy inherently more innovative then? This china analyst is second tier or biased at best.
Their paycheck requires them to praise capitalist systems. Anyone with critical thinking skills can see that is false for anything important. I will not be surprised at all when the USA starts to implement more state controlled/regulated business when it is for critical industries.
He is a rambling fool he says "Marxism is maximizing profit at the expense of the worker" What? That is literally just capitalism lmao
Hearing truths has always been hard for Little pinks
That's not what's happening, stop attacking nations over policies that China themselves have been implementing on a far greater scale for two decades.
Companies that are in China will not be penalized with tariffs if they manufacture the cars, and batteries in the European Union. This policy is identical to the provisions that China currently, and previously enacts against foreign companies.
China lost its case in the World Trade Organisation (WTO) that it meets the basic principles of even a basic market economy. If China really wanted to fairly compete it would fully abide with market principles.
@@st8642 Another Japan?
I don't think China's bubble will explode on such a small scale.
Ummm.... "Marxism maximizes profit at the expense of the worker", lol? That's precisely what Marxism is NOT about. "Innovation", in Marxism, is "development of the means of production", which is the central driving force of history according to Marxism.
You can make the case that China, and indeed any historical society, has been _bad_ at it (to beat a dead horse, "real socialism has never been tried"), but the issue is not what Marxism is "about".
Why talk about Chinese economy? That is funny. It has been reported to collapse for more than 20 times. Germany has one of the best economy in the world. Talk about german economy😂
10:54 Yes, China Will not collapse even if another yet more than 30 millions of people would starve to death like what happened during the great leap forward. The mainland Chinese is absolutely loyal to CCP no matter what would happen(according to the Chinese government)
before or after de-industrialization?
Chinese expert is reciting Germany version of stagflation to the Chinese economy while China economic growth is 5.2 in 2023.😊
More delusional nonsense!
@@Gregvert
More delusions from Baerbock and Scholtz who are pursuing green, deindustrialization, jobless and negative growth.
China works like a private company and the western country works more like a state owned enterprise. How weird is that! 😂
I am really skeptical about that reflection 🤔, or was it ironic?
China's economy is not struggling.
China had growth of 5.2 percent in 2023 and the German economy shrank by 0.3 percent in 2023.
Except those are CCP numbers! Get real!
Those numbers are built on a house of cards. Their economy is in shambles because they cheated and lied about their growth for decades.
Hahahahahaa sure sure, that 5% was totally legit lol
@@sonneh86China economy is much better than Australia Europe and America 😂😂😂😂
@@sonneh86 hahaha Germany's GDP grew substrate 3% that is totally legit lolz. how about that??
His view point is narrow and entirely based on Western perpectives. Not very accurate for China as China will succeed and grow faster. You guys should seriously look at your own economic doldrum before criticising China economy.
Please, come on !!!
Ja, ja, ja.... please visit China and see the reality.
U cannot see reality on the surface. Do u know that in Beijing, people are not allowed to use heaters which need more electricity even when the temperature is sub zero. Do u call this country an 18 trillion economy? All the numbers in China r fudged. Nothing is real. Their own people r saying this on CZcams.
A very thorough analysis of the current socioeconomic climate in China. As a native living in mainland, I can tell you almost everybody is pretty anxious and worried, cause the economy is indeed looking bleak. The irony is that the we can’t get access to this information and aren’t allowed to badmouth about it(such comments are strictly restricted and even censored). I’m deeply disappointed particularly compared to the outlook of our economy 5 years ago. I’m feeling a bit of hopeless. For those who read this comment, I hope you don’t get the impression that we Chinese are the problem, it’s more like we don’t even know what to do since things are so tightly controlled by the regime. Please show sympathy instead of hatred😢
Well china is actually worlds biggest economy (GDP in Purchase Power Parity by far). And just grew over 5.5%. So resuscitate is a very strong word. Especially from a country that declined 0.1% like Germany. Oh well 😅
You can't honestly believe that right? if you would claim largest economy it sounds less rediculous but largest GDP per capita with over 1.4 B people.
That would mean China's economy is many times larger than it itself reports.
China has the same GDP/capita as Russia which is also not even close to highest in the world.
@@TeloMovies I wrote it hastly. It's GDP in purchase power parity
The United States cannot destroy China by force like blowing up the Nord Stream pipeline. China will not collapse. The United States knows this. China and the United States will compete for a long time, and China does not require other countries to forcefully occupy the team and become hostile to the United States. A new multi-level world pattern is taking shape。@@TeloMovies
Foreign investments are souring in China: every billion USD generates a $180B return.
In the mean time the US an EU economy are stagnating as their PMI remains below 50 points.
European economic plans never deliver to it's people, Chinese economic plans have a good record of delivering.
O________o what planet are you living in?
Altering # does not fix the problem on the ground - e.g the housing problem still haven't subside for the past 3+ years.
How to stop stock price from falling? ~ take away the ability for top shareholder in mainland from being able to sell their stock ~ shocking but hey, it delivers... right?
DW news, let's talk more about how Germany and EU as a whole can survive the next decade without falling into Chaos. No point keep talking about China when you're about to lose your Job.
China can resuscitate their economy by sending their people to US -Mexico border then apply for asylum and eventually send money to China.
If it works for Central America, why not? lol
This guy spent so many years in China and he leanrt nothing? No wonder the west stopped progressing. There is a Chinese saying that for any 3 random people walking on the street, one of them could be my teacher. Your attitude determine how far you can go.
Lol dying economy talking about a a nation with 5.1% growth... people go find some real analysts on the subject .
Remember that a state controlled economy can have 5,1% growth by digging holes in the ground and then filling them in. Growth doesn't means it's productive or efficient. I would also take most data coming from the party with a big pinch of salt, a lot of it is manipulated.
@@pistolen87 China economy is much better than Australia Europe and America...😂😂😂
@@peterneil6859You shouldn't judge countries economies based on one metric.
@@pistolen87 lol you mean the US controled IMF n The World Bank were manipulated by the Chinese? Their predictions of China's growth 2023 were 5.4% and 5.2%.
@@pistolen87
You're talking louder than world bank and imf. The world needs you to speak on behalf of China.
This so called China expert is laughable. A lot of expert mentioned the reason why China is successful at capitalism is due to ability to make rapid adjustment, while the Western capitalism is rigid. The West is very beauracratic and very difficult to make any changes due to opposition (Democracy due to multiple parties). Last time I heard China cant innovative was the Harvard review paper. I thought we are way pass that theory. If China cant innovate, then China wont be in this predicament such as sanction to high technology, EV tariff from the West, banning TikTok, Temu, Shein, etc. China will be selling cheap toys and buying high tech from the West. In regard to 2023 or future economy, no one has a crystal ball. China is definitely moving away from RE and letting it implode rather than getting a bail out. In the long run, you dont want RE to be 1/3 of your national GDP and they are doing that. What will be 2023 GDP or will it have a recession? Future will tell.
I’ve been researching investing and living in China on and off since the 1980s
Many of these experts are clueless on China
This guy went to China in 2009/2010
When I was dumping out my Chinese Real Estate stocks
He was late to the game
China leads in 37 of 44 critical technologies of the future but it can’t innovate
🙄
@@DW-op7ly
Germany and US realtors are suffering from overvalued bubble assets, more western banks are struggling with bad debts write off.
It's mafia capitalism without Marx ... and a lot more Lenin going to Stalin
China is quite similar like a huge private company.
It has its goals and plans to achieve the goals.
Government officials have to work very hard to achieve the goals as KPI of their career. Blank talking will not be able to survive under such system.
If Europe offiicals can be measured by pre-defined measurable KPIs , how many are qualified ?
Foreign investments are soaring in China: every billion USD generates a $180B return.
In the mean time the US an EU economy are stagnating as their PMI remains below 50 points.
this guy tries to make china look bad, but all i hear is great things from him! 😂😂 China actually showed the world how things are done!
When you say resuscitate then it really is dying.
So…MAGA😂😂😂MEGA？
Yes already its dead,how long they can manipulate speculate the figures,so sad for chinese people lost everything they saved by investing in speculative market like a ponzi scheme,US fooled China by mere money printing,US also in same dire situation
Will China collapse again?
They don’t accept directly but they know it😂
Resuscitate!! Means that China's economy already collapsed even with 5.2% GDP Growth in 2023.
If Xi was in a democracy, he'd be out by now. Zero covid was the worst idea ever.
European leader went to China to learn how china has so low death rates. Yes china has the best covid policy around the world
Zero covid policy only last s few months later ended in 24hrs, just after one month, the pandemic was over!
CHINAS Big Economy has always been a lie not to mention their income per capita and inflation rate Thats why I never invest in China's prosucts
@@unnamednessDelusional!
Yawning!!!
This was an absolutely superb live session! Hope to see many more in the weeks ahead - well done Marie - loved making you laugh!
Pull out all your investments from China before it is too late. Protect your capital
True
Xi jinping doesn't allow.
Nobody care about your investment 😅
Nobody cares about your investment 😅
you have investments in China? I highly doubt that
We must acccept that Chinese technology today is leading in some fields like high speed trains ,EV batterry, space rockets etc. So, US policy to restrict the growth of Chinese technology is not good for mankind ,instead cooperation is win win situation.
As a Chinese I'm surprised this guy had a plan
They are growing. Aggressively. Until when are you going to be in denial ?
Foreign investments are soaring in China: every billion USD generates a $180B return.
In the mean time the US an EU economy are stagnating as their PMI remains below 50 points.
Why does the man on the left look like someone is holding a gun on him?
the dude on the right is also kinda suspicious.
Because there was 😂
Nervous about speaking in public.
If he says one thing good about China, or if he missed the word "China" in any sentence, he will not see sunset that day. 🤣🤣🤣
the expert is a laughing stock😂
Can this guy read and speak Chinese after spending 15 years there? Any 'China expert' who can't is not worth anything.
Excellent broad ranging discussion on the issues China is facing in 2024.
Kudos to DW for hosting this live session, great try! But the guest was not an expert on China, and what he talked about was just very superficial, therefore has little value.
According to the official figures from the EU Commission, the US share of global GDP is 15.5 percent.
China's share of global GDP, however, is 18.4 percent.
US growth was 2.4 percent in 2023.
China's growth was 5.2 percent in 2023.
Growth of 1.4 percent is forecast for the US in 2024 and growth of 1.8 percent in 2025.
Growth of 4.6 percent is forecast for China in 2024 and growth of 4.6 percent in 2025.
So China already has a larger economy than the US and is expected to grow twice as fast in the next few years.
LMAO! If CCP reports 5 percent growth, then the real figure is probably -15 percent.
What economic problem?
China's economy grew by 5.5%.
It is a significant decline from the 10-12% growth in the past. It will stagnate at 5% since it is marred with so many structural and demographic problems that caused this in the first place. China has an upside down pyramid for its population for goodness sake where there will be more elderly people than the young and productive 😂
Great viewpoints on this..:)
Great interview, thanks
If he saids west system is the best, How come the west economy is keep going downhill & shrinking yrs over yrs?
The interviewer tries to be neutral in her questioning and comments. But the guest seems a little biased
wish they would have talked about shadow banking, house developer contagion toward bank and bank collapse and withdraw restriction.
he seems too petty to talk about such. all he keeps mumbling is about how the system is not as good as the west and how they are not innovating
The unemployment rate is going to be an issue for a long while. The raw numbers of people unemployed during Covid were near 50% of the total population. They are not going to get to 5% Unemployment in any sort of honest means.
CCP needs to go.
But Chinese don't think so. Who are you to say that?
@@azyx100 Thank you for input Xi, take you 50 cents.
Chinese CAN'T say anything about CCP or they get Peng Shuai'd.
@@azyx100how do u know? 45000 Chinese have run away to America. Many of them say they had a very hard time in China. Even if they worked they were not paid. One young man even said that he regrets being born.
@@hindustan8796Yes, most of them said they got political prosecution by CCP and they were seeking freedom and democracy in USA.
Btw, the U.S. rejected much much more Chinese tourist and business visa applicants and in the past tourist/business visa was the most common way to “overstay” there😂😂😂
@@hindustan8796 China has 1.4 billion people. What are they?
Well now, doesn't he have a lovely Irish lilt. 😁 I could listen to him all day. ☘️
Me too 😁
DW is propoganda these days
good video man
We in the west have the same obsession with security and safety.
Super informative, thanks!
So, if China needs to "resuscitate" its economy which grew 5% last year, what then should Germany do with its economy, which by the way has marvelously contracted by 0.3% last year. I mean surely you guys, Deutsch Welle, are super happy and confident about that and feel the burning need to pointing fingers to China.
Thank you for this interesting show
Best part is the host reads out who the questions are submitted by....
press freedom will create economy growth? and you BS your answer
well 1.4 billion people is plenty enough for earth already. Focus on quality than quantity esp AI era is at our door step already
we talking about chinese economics or we talking about women rights? Looool didnt learn anything new
I say everyone take care of their own issues. Instead of worrying other peoples family issues
Using your analogy. It's important to take interest in the biggest family's in the town. Especially when those big family's own and run a lot of the businesses in town and they are tied to a lot of other town-folks well-being. You serve your own interests best by keeping an eye on them.
I disagree.
Eventually the world tends to work together, and everyone is entitled to know what's happening in the world, and by doing so we are able to avoid undesirable outcomes.
Besides, you cannot deny that theoretical study is an aspect when we try to figure out truth, of course in practical cases we see complex ties and private interests, but still, intellectual activity helps us to improve.
Lol as if our families aren't joined at the hip.
China can and has innovated I think the speakers comments were on not point
I hear so many western speakers giving so many good ideas for China , why don’t they propose to improve their own countries
investors are still pulling all capital from china. how quick a nation can fall. current political tensions have ABSOLUTELY everything to do with this. China runs on foreign investment,.
She’s a great presenter
its finding it difficult to innovate ?? , best renewable energy tech is in china , one of the most tech savvy economies , they are beating the west in everything until you have to shut the door on them to stall them ( semiconductor blockades)
Government dominated capitalism which isn’t capitalism.
He should talk about farmer protect 😂😂😂
this table barely holds all the papers
just buy a bigger one next time
Wow DW, Chinese are not innovative, just look at their Tech unicorns compared to all of Europe, also their AI and EVs companies
we always can learn from others wahtever is positive or negative!
Germany and China should get together.
Chinese learned Marxism from Germany.Marxism was born in Germany.
No man. Marx was german, but marxism was born in England
"we have nothing to learn from them" famous last words
glad to know that germany still has extra energy to worry about China‘s economy which has grown 5.2 % in last year,German economy must be much better than this number ,and thats must be why german are so confidence
Can China beat #1 by having negative GDP? German did to Japan. That is in itself a feat. Something to brag about. lol
becasue topic about "China" can attract more views.they know that
“Chinese People don’t have money to spend?” ……..yes but no, they have trillions of saving sitting in their bank account……..just be cautious to spend as the economic outlook is not clear
Wow, DW spared no expense on the table. So vast.
Foreign investments are soaring in China: every billion USD generates a $180B return.
In the mean time the US an EU economy are stagnating as their PMI remains below 50 points.
If I was an asian political cartoonist, I'd find some leading regional newspaper and draw a cartoon of Xi Xinping stuffing Jack Ma back into a magic lamp. The recent controversy over Tick Toc is insightful.
Terrible interviewer distracted & clueless
Great to hear Germany will go about their normal business with China without much influence from the USA. Excellent discussion.
Same mistake they made with Russia.
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Yeah I would rather have more human rights than a robust stock market.
They are currently printing Trillions of Yuan.
Friction with US, and the West? Pls include their Asian neighbors too, who is also currently ramping up their military and recruitment of personnel.
I like 😍 the interviewee
China will follow Japan's track after 1989.
Japan's real estates bubble blowed up, but its manufacturing sector steadily evolved and became world champion.
Today's China very resembles to 1989 Japan.
Therefore, China's manufacturing sector will eventually become world champion, eclipsing Japan's manufacturing sector.
Japan's stock bubble will soon blown up. Global investors should be very vigilant against Japan's crash of stock bubble, which was mainly caused by capital flight from China to Japan. The capital flight necessarily reverses and grinds Japan's manufacturing sector.
😂😂😂😂 Germans talking about dying economy. is satirical.
Not too bad... In the battles of narratives the anti China channel manages to get some viewership. Maybe if you change sides it'll increase.
the problem is, China does not need to resuscitate its economy, I think DW should focus more on how to build up German economy since as we can all see, German is still a random ass shit country at the moment in terms of economy, what's German's GDP growth rate last year again? negative what? But anyhow even at negative growth rate, German still manage to surpass Japan lmao, this just tells me how desperate the U.S. is at the moment, poor U.S., to be an ally of the U.S. is truly fatal
We’ll see who suffers fatal consequences when the PLAN is at the bottom of the ocean… Greetings from USA. 🇺🇸
Japanese yen just fell down and nominal gdp with it.
@@Mautiks the U.S. has already kept suffering fatal consequences lul, apparently you are not realizing it because your inside a information cocoon created by the U.S. politicians and media outlets and you guys are pathetic because of that, gd luck.
@@user-qx4zc3ph2m Once Japan’s war-industrial complex is operating at maximum efficiency to meet the demands of their unprecedented military buildup (the biggest since WWII), the Japanese economy will be one of the strongest in the world.
🇺🇸 🤝 🇯🇵
NO SUCH THINGS AS DEMOCRACY IN WASIA
Resuscitate, since when is dead? Specifically when is growing way more than all western economies??😂😂
lol🤣🤣🤣🤣
China is the future 🇨🇳👍
Didn't they say the government would operate as a real estate developer and would begin developing housing for rent?
One of china's (yes small letter c) agenda: Made in china does not mean it expires and breaks after 5 uses or 1 week of use.
No way with the communism.
This China expert made himself laughed for a few times successfully.
Made himself laugh, not "laughed".
Thank you, make myself laugh~~LOL@@netizencapet
As I Chinese this is my first time setting an eye on the annual congress. It is just too vague and uninformative to me what they say.
当其无，有器之用。
You're not Chinese 😅
I am not intended to criticise the gov, I just want to know what concerns me everyday.
What kind of Chinese are you, seriously?
💚🇨🇳💙
Shortage on desks...counters?? Why didn't they broadcast from a closet? Announcers have no voice regarding their work conditions.
Why china don't allow the real estate market to let it collapse naturally just like US did in 2008 in subprime crisis.
you got it reversed. US only printed 30Trillionn to let it collapse naturally???
Because chinese people invest in one thing only. In US people have diversified assets which means that other sectors can fill in the gap but most chinese can only invest in real estate because of the prevailing conditions/restricitions/confidence.
This man don't know enough
40 years ago, China was a poor 3rd world country where most people suffered from food insecurity. Today, it's a peer competitor of the self-proclaimed greatest country in the world. China created the greatest economic success in human history! Whatever happens going forward, no one can ever take that away from them.
"Made in China"
So prevalent,
So uninspiring..............good job 👍
Success??? It’s failing. Right now. How can you call it a success??? The CCP and Xi Jinping have squandered China’s rise. Completely squandered it.
Why she keeps looking at him?
At least Chinese government trying to solve the problems, Germany government only barks, specially that 360 foreign minister. Just a joke.
“It is derived from the term “sina,” meaning 'white' or 'grey-haired. ' Additionally, Sina is associated with Aramaic and Hebrew names such as Seema or Simah, which encompass the idea of 'treasure. ' In Latin, the name Sina means 'blessed.” Google AI generated
Always thought the "correct" answer for the question of learning from China goes something like: "Well, you know .. DARPA ... Silicon Valley ..."
Isn’t that the same fist Trump uses?
What a clown show!!!
Thank you for the latest news from China.