Because the contracts are in secret between China and the kleptocracy running the country lender. So, the global banking system doesn't know the arrangement details. It is destabilizing like everything else China does
Good call we really don't need your garbage product. Who says we need to buy from you and why are WE from the rest of the world were forced to buy product from you and you earn money from us while we lose money from your substandard garbage goods that compete with our domestic manufacturers. I am not even from the West!
I would agree on peak China. however that is missing a couple of important context. his claim that US China GDP gap has widen is missing the point, US is printing money, of course US GDP number will go up, but that is a bubble, it not real economic growth, US productivity has not increase. while China stagantation is indeed cause by policies, these are policies design to tighten and pop bubbles, the fact that China did not go into a recession for popping the bubble is amazing. they are settling themselves up for a US economic collapse, when it happened, China would already lost it risky asset and be position to replace US. so the problem isn't if China has peak, the problem is US peak a long time ago, and it is merely moving on momentum and as each administration refuse to deal with the debt. US will for the first time in it history spend more on interest payment to debt than it spend on the military. think about that. i like to think that countries are in a race with no finish line. and the route is full of up and down. sometimes it is better to intentionally slow down before you climb a steep mountain to conserve your energy. it is illogical to just pick a point of time to measure if they are winning or losing without an understanding of their intention and goal. the US goal is simply to outlast the term in office, as long as the bubble don't pop while they are president, it all good. but China is restructuring for what happens after the bubble pop. the other thing, is US is able to sustain it momentum right now by exploiting Europe hot money that is leaving Europe due to the Ukraine war. it is almost as if they engineered the war to chase money out of EU and into US. that US is growing at the expense of other G7 nation, effectively canabalising the European. so just because US is doing "well" no longer mean the West is doing well. eventually the European are going to have to turn against US to save themselves.
@@lagrangewei in fact i feel like China was 3 times cheaper than the US 5 years ago, but now i feel its 6 or 7 times cheaper, so yes, the US is growing artificialy, purchase power is getting lower
China is not stagnant, look at China's economic growth in 2021-2023, this is because the US has raised interest rates, but China's gdp in yuan terms has increased by 12 trillion yuan
China is not printing money? As President Joe like to say: C'mon man! In addition, much of China's GDP growth is artificial consisting of unproductive infrastructure projects. Just look at their High Speed Rail (HSR). The system has almost $1T in debt. The first lines between major cities were profitable so Xi decided he wanted HSR everywhere. Look at the reports of stations built, at high cost, that are not in use. Many are in areas that are not close to customers and inconvenient. HSR is just one glaring example. There are others.
@@LuisA-pi3ds That only matters if you are paid in dollars. Look at the data more closely. The multiple of average income for a house in China is many times what it is in the US. Look at the difference in average income, or GDP per capita.
Tom Miller's family made a din in a hospital ward and expect other Chinese patients in the ward to brush it off and stay sillent and welcome his and his family's behaviour. Oh come on, you and your superiority. Please let hospital patients recover in peace and quiet. Hong Kong has reported plausible foreign intereference (from the USA) in 2019 Hong Riots and the HK court has already sentence some to jail for receiving foreign funding for activities leading up and involving the HK riots. With evidence of foreign interference in China's internal affairs, China is being prudence in raising the awareness level of its populace to infiltration. You can blame the USA for the welcome that you get in China.
The future, especially the distant future, is unknown. The farther out, the more unknown it is. Many unforeseen events can and will happen. Wars, revolutions, incompetent leaders, dangerous charismatic leaders, nuclear weapons exchanges, natural disasters, the rise of India, game-changing revolutionary innovations (which are especially likely in the US, and especially unlikely in China, given the undeniable evidence and radical disparities), brain-drain effects and consequences, human demands for fundamental freedoms and rights, sic semper tyrannis, the inevitability of change.
I think the fact china has peaked ideologically meant it has nowhere to go to deal with the other factors. I think you have made a good point with regard to how it deals with everything else. People may start looking for another ideology?
Is that why China is the no.1 subject everywhere on everyone's mind ? That's kind of a paradox , right ? Mel gibson has peaked and faded away and nobody even noticed ... Just to give u an idea of what peak means.
China is the largest developing country that relies on investment, consumption and export to drive economic growth in science and technology innovation, while Western countries have saturated development and completely different governance models.
It is laughable that Isabel Hilton thinks that the leadership transition from Hu Jintao to Xi Jinping is not peaceful just because a Chongqing City Party Secretary was sentenced to jail for corruption. Bo Xilai was relieved of his position as Chongqing City Party Secretary one day after Xi's ascension to General Party Secretary of the Communist Party of China (aka President of the People's Republic of China). The race to top position was over even before Bo was relieved of duty.. the detention, official charges, trials and sentencing took place way after Xi's came to power as the number 1 in China. There was no violence in the transition. There could well be jostling for the seat taking place in the background with deals and influencing going on but far from the violent transition that Isabel Hilton imagined (or dreamt of).
Laughable discussion. What the hell do you know about what makes China tick? Bet none of the panelists have ever been right on their predictions about China.
I live in China for about 10 years now what I can say theres a lot of policies changes. I remember in 2019 with my Chinese business partners and friends I ask them about the future of china,they were all positive about it, now fast forward 2024, they are mostly less enthuse about China future and economy . They all make one profound statement, it's difficult making money in China now
This situation is true in all other Asian Tigers economy in the past. Singapore, Taiwan, South Korea, Japan all went through it.. similar to some years in Thailand and the exact opposite is true in Indonesia right now. Indonesia is booming and if you go to Indonesia now, the youths are very positive abou their future and business people there are making good money. This has to do with the economic cycle of government's fiscal stimulus and the cyclic boom of the property market. China is going through the middle income trap period and has left the mad growth adolescent phase that it went through from the 90s to 2010s. Ask a Japanese in their 60s and they will reminiscent the 80s. As a Singaporean and he/she will say how things are cheaper (cars and housing) back in the 80s and 90s. As a South Korean it will be 2000 or Taiwanese and it will be 90s to 2000. Policies have some impact but the main reason is the structure of the economy at various phases of development and China's mad boom phase is gone and the government is implementing structural reform with the aim from breaking out of the middle income trap in the next 10 year or so.
China is probably already below 1 billion. People have been doing calculations based on BCG vaccinations (which are mandatory) and projections based on birthrates.
That is because she is there (for The Spectator) as chair and interviewer - not as a fourth expert. She has plenty of gravitas to offer when such roles are reversed - if you read her articles, listen to her pods, or investigate her few recorded stints as an interviewee.
@@mikegray8776 no she clearly is pandering towards a western perspective and she failed to push back on some obvious ethno-centric views from the guests. Though I must admit this group is way better than listening to Peter Zeihan and other Americans
@@amunra5330 China progresses in the last 40 years due to its (half hearted) copying of the western capitalistic economy. Prior to that all it has was decades of poverty. 4:47
According to Isabel and Cindy, China has trouble innovating but what is the reality? China is leading in electric cars. China is leading in green energy products. China is leading in mobile payment and cashless transactions. China is leading in commercialization of self driving vehicles and robotaxis. China is leading in space flight and space station technology. China is leading in quantum computing. China is leading in nuclear reactor safety. China is leading in mobile phone design and manufacturing. China is leading in high speed rail. China is leading in ship building. China is leading in infrastructure building. China is leading in hypersonic missile technology. China is second only to the USA in semi-conductor manufacturing (I consider TSMC a USA company if you look at the shareholding structure) and chip design when 15 years ago China is way behind the pack (behind USA, Japan, Korea, Germany and France). China is second only to the USA in AI development.
@@buildmotosykletist1987 Technoloogy is the engineered application of science. There is no western technology, there is just technology. China just sent a replacement crew of 3 to their Tiangong space station using their own rocket. If technology are western, why would the China have the technology and means to build a space station? Read your own reply and I hope that you can see the absurdity in it.
@@buildmotosykletist1987 This just prove that you are trying to spread misinformation with made up observations. Chinese in China are not starving. Chinese do eat lots of premium imported food such as beef, lobsters, salmon, tuna etc.
There is a saying: “Reading ten thousand scrolls is no better than walking ten thousand miles”. I am British Chinese now back in UK for a visit and my god, I wanna leave as soon as my errands are done. This place is a dystopian nightmare and it’s insane to have a bunch of British scholars saying China is on decline. I mean the panels should go visit and draw some real comparisons.
Why are these peoples so concerned about China's economy. Just looking at the US and the West, aren't they should analyse the economy of its own country? China is doing too well.😅😅😅
In the latest poll, just 2,000 people, 21% in Vietnam chose China over the US, 17% in the Philippines chose China, 39% in Singapore chose China. 45% in Cambodia chose China, 42% in Mynamar chose China. 52% in Thailand chose China.
Nonsense! Filipinos don't like the Chinese. Where you got the number that says 19 percent of Filipinos choose China is a pure fabrication. A reputable polling firm in the Philippines found out that only 1 percent of those polled trust or like the Chinese.
I searched the transcript and the word "demographics" (or "demographic" or "demography") doesn't come up until a question from the audience at 58:11. I certainly don't intend to spend 58 minutes finding out how they managed to avoid talking about the main reason why China may be in decline! Something about coal or pouring concrete, I think. By 2100, the USA is expected to have a population of roughly 400 million. If it's current fertility rate remains constant, China will have a population of maybe 500 million by then. It will have roughly the same or fewer working age people than the USA and it will have a much larger number of elderly people to look after. Maybe the demographics will change. That's the main unknown. It might get worse and become more like Taiwan or South Korea. I expect China to enjoy a decade or two as world's biggest economy and then to fade out in importance as its population declines.
These so called specialists should have worried about problems in their home countries rather than to spend time on things or issues that are not there in the first place. We as Chinese are happy and proud to be living in China where we enjoy a much better way of life here than most of you guys there in your home countries.
The economy of China (Int. $35,291 bn) is Int. $6,510 billion, or 1.23x of the US (Int. $28,781 bn), on a purchasing power parity (PPP) basis. According to estimates by the World Bank, China's GDP was approx. 11% of the US's GDP in 1960, but in 2023 it is 65%. Due to the vast population of China, more than four times the US's population, the difference between these two countries is very high in terms of per capita income. The per capita income of the United States is 6.5 and 3.41 times higher than that of China in nominal and PPP terms, respectively. The US is the 6th richest country in the world, whereas China comes in at 72nd rank. On a PPP basis, the United States is in 9th position, and China is at 78th.
The younger generation in China are certainly addicted to their phones, to a somewhat disconcerting extent. People watch movies on their e-bikes and bicycles. However, schools ban them and school homework loading is several hours a night plus weekends. It’s a great place to live and I don’t have a sense of being controlled. I’m used to it after 7 years.
China has record youth unemployment with no end in sight. Over a billion empty apartments and homes, massive ghost cities and unlimited corruption. Chinese women are not having babies, no interest in marrying some farmer. Rapid population decline, there are now just as many Chinese over 50 as under 50. Disaster. The Chinese who slaved to build the Tier 1 cities and infrastructure today are in their 60s now, the Chinese youth today do not want to work like slaves, they don't want to jump out of windows anymore being forced to work 23 hours a day with no hope. Its over China.
JUST FOCUS ON YOUR OWN NATIONS AND LEAVE CHINA ALONE. THE WEST IS OBSESSED WITH CHINA AND JUST CAN NOT LET GO OF THIS IDEA THAT THEY ARE RACIALLY ECONOMICALLY CULTURALLY AND POLITICALLY SUPERIOR.CHONA HAS BEEN COLLAPSING FOR THE LAST 30 YEARS .GIVE IT A REST.
To make your podcast and channel more credible, get someone from inside of China on your panel. Chinese scholars like Shen Yi, Zhang Wei Wei, Jin Can Rong, Victor Gao. Alternatively, scholars from Taiwan such as Yuan Ju Zheng, Yang Yong Ming, maybe even Ex-President Ma Ying Jiu who can provide some level of insights into the mainland and the mainland's relationship with Taiwan. All of the above speaks English competently.
@@buildmotosykletist1987 Victor Gao did not threatend to nuke Australia. Please watch his interview on this matter again. The point that he is trying to get across is that if a country has nuclear weapons, then that particular country becomes a legitimate target for nuclear response in retaliation. He emphasized that China has a no first use nuclear policy and also China's long standing policy on not using nuclear weapons on countries with no nuclear weapons. He said that Australia is getting into a gray area when and if Australia obtains submarines that are powered by weapons grade (high enriched) uranium (the submarines that Australia is getting through Aukus). Victor Gao also doubts that these AUKUS nuclear powered submarine would be under the complete control of Australia and that Australia might have to relinquish its sovereignty of its nuclear submarine based on the AUKUS deal. The ultimate control of these nuclear submarine is also under debate by politicians in Australia.
Today China announced the prototype testing of a new supersonic commercial jet that can travel between Beijing and New York City in about two hours. Just the other day Chinese astronauts successfully returned from its space station while American astronauts remain stranded. Does not sound like a country in economic decline.
@@andrewburroughs1660 there has already been a supersonic jet from New York to London / Paris in the 90s. It ran for several years and was not profitable.
theres a big market for these "china collapsing" talkshows, the viewers feel reassured & get their dopamine hit, the speakers make their living, everyone's happy.
Tom Miller wants the Chinese kids to embrace the Imperial Japanese Army when they learned of the massacre that took place in Nanjing during the Second World War? What else should a Chinese kid feel when he/she learns about the atrocities that the Japanese did during the World War to their ancestors of their compatriots? Having hatred for a group of barbaric soldiers who committed atrocities in the past does not preclude showing compassion and friendship for contemporary Japanese. Tom Miller should look at his interview again and then into the mirror to see if he is still human. I wish Tom Miller's wife and his in-laws could watch Tom's comments on the Nanjing Massacre in this interview.
I love this… so apart from the people who know China the best, like it’s neighbours, US and Europe, it’s gaining influence with people it gives money and infrastructure. I actually hope the Belt and Road investments work out for the countries that took those deals, but I’m doubtful and wish them luck.
42% of the Belt and Road Iniative is for cheap energy extraction with the biggest clients being Russia, Saudi Arabia, Qatar, UAE and Nigeria. These cheap energy investments take a very long time to complete and take a long time to turn a profit. The other countries, like Pakistan, and many African countries, are on the verge of collapse. China's total debt exposure in the Belt and Road Iniative is 600 Billion dollars with an average partner rated at B3 / B-. the lowest possible rating. Chinese lenders account for 12% of Africa’s private and public external debt, which increased more than fivefold to $696 billion from 2000 to 2020. China is a major creditor of many African nations, but its lending has fallen in recent years and is set to remain at lower levels. Further, all contracts in the Belt and Road Initiative are secretive after 2015, thus undermining the financial world order. All of China's loans in the Belt and Road Initiative have "cross-default clauses": if one loan is defaulted on, all loans can be requested for immediate payment in full. And non-Chinese lenders do not know what China will do in each case, as each contract is secretive.
@aslampervez2294 Because the contracts are in secret between China and the kleptocracy running the country lender. So, the global banking system doesn't know the arrangement details. It is destabilizing like everything else China does.
@aslampervez2294 Because the contracts are in secret between China and the kleptocracy running the country lender. So, the global banking system doesn't know the arrangement details. It is destabilizing like everything else China does
Isabel Hilton got it so wrong on the China Japan Friendly initiatives in China. China wants its people to have good relationship and friendship with the Japanese people as evident by the banner displayed in Fudan University and the various Sino-Japan Friendly associations that sprinkles throughout the country. China taught its student what happened factually in War World 2 and the atrocities committed back then by Imperial Japan. There is no need to teach hatred.. the reaction and feelings of Chinese when they learned of the actual events that took place in Nanjing came from their heart. China does not need to teach the kids what to feel. They just showed the reality of the 1940s. Isabel and Tom's ideas are akin to criticizing contemporary Jews for not loving Hitler and the Nazi regime of 1930s/40s. Imagine Tom narrating an experience where he saw a young Jewish kid with clenching fists and an angry face when the kid first learned of the Holocaust and Tom's comment is :"Why does Israel teach young Jewish kids to hate the Germans?".
And the white lady said western ngo has Chinese participation. What di u expect when western ngos are sponspored by western powers. Just like in Hongkong. Dont see why these ngo is interested to go to China if they think China so bad and scary 😂😂😂
The female chinese host speaks very good English however she speaks too fast and sometimes it is hard to catch up what she is saying.sometimes she laughs but it is not laughable or funny at all.
5:20 it's misleading to tell only part of the stroy. China's GDP peaked around 2021 because of US repression，including the high interest rate of US $ which dragged money back to the US. it lead to the increasing of exchange rate of RMB. Also the Economic sanctions to China products, export control on high tech, also contributes. As the result, the GDP of China, from calculation point of view, shrinks. While the other side of the fact, China's economy didn't collapse, it just squeezed out the bubbles, and indurstry exports are increasing in 2024, which keeps dominating the global market. Can the Fed keep interest rates at 5% forever? it's like holding the breath for more than 2 years. and the US Gov is paying huge amount of interest for the debt because of the high interest. I doubt it can last too long. wait until the Fed drop the interest rate... it's too early to say China is in decline.
In any country there are always discontent and China has handle it wisely and better than any of the Western countries. Why is China EV s security risk where else Western EV is not. It so obvious it is just discriminating so that China EV can get into Western market. China should follow it's path inatead West standard of urbanisation. 😅
Watched the whole thing. I find their views quite interesting and one can tell they were genuinely trying to be as objective as possible. I did find one interesting commonality amongst all on the panel including the moderator which is providing their comments based on a very Western measuring stick. I find this quite surprising clearly all members of the panel have extensive Chinese exposure and on the street experience. It would be more interesting if another member provides the answers from a CPC perspective. As an example, China cares more about social needs than individual needs. It is country, family, and self in that order. Of course this does not sit well with many from the West, but that’s the underlying principle. The allow to get rich has always been a pilot light strategy to kickstart the economy. Now that industrialization has reached momentum, it will be a challenge to reform policies to obtain a more equal wealth distribution, the common prosperity bit. I find the talk about soft power and a lack of culture influence an excellent example of Western hubris in action. It is China’s culture not to impose or influence other cultures. Kind of like the Star Trek prime directive. They just want to be proud of their own history and culture. Perhaps this too inward looking, but who’s to stay what’s best?
Is Austin Williams trying to say that the definition of a world class metropolitan city is the lack of a good metro transportation system. So according to Williams, Tokyo is badly planned, Singapore is also badly planned and throw Seoul into the mix too. Where did Spectator find these underwhelming "experts" to discuss China? Shanghai is an ancient city by most international standards and some level legacy issues on property rights (hard to re-deisgn an ancient city) are to be accepted. Shanghai isn't a city built from scratch and the authorities there have to take into account existing residents and their property rights. You cannot tear down an old metropolitan city of over 20million and redesign to not have metro systems.. a utopia where everyone takes a 5 min walk to get to school, work and play. Williams' comment is indicative of his bias and double standard. Cindy Yu laughing along to his ridiculous comments is worse.
It all depends on the circumstances and choices that the ccp makes. China made the right decision early on to focus very much on investment to gdp. But they have been pushing on that string now for 5 years plus. Consumer spending in china is 38% to GDP. That is literally 3 stdev too small. Have china aggressively switch to consumer spending to gdp and they are destined to be the largest economy in the world. But if they continue to push on the investment to gdp string as it seems they are currently insisting on continuing in the future, then the chinese economy will stagnate. And the longer you stagnate the harder it will be to make that transition. And yes, it is a very hard transition to execute. And yes, this transition will require the ccp to loosen the reigns a lot as to who holds power, which they likely will not be willing to do. So very likely we are currently seeing peak china. This is a very sad story indeed, especially for the common chinese person.
China definitely hasn't peaked. Right now, it's practically below sea level. With competent leadership, effective foreign policy, and strong governance, China's journey is just started, meanwhile UK should worry about yourself take a look at the awful situation now
These people are so naive and afraid, it seems. Good grief just move to China and keep making excuses for this authoritarian government. China watchers, see nothing, say nothing, hear nothing! So much to laugh about in China and the world, not. Thank you for an interesting and scary discussion in some ways. Law of the jungle, the West and China. Apologists, especially Tom Miller, it seems. Really, Ms Wu.
Why people form west main stream media think Chinese is peak ? Even though China has 4 time of people and GDP per capital 20-25 % of USA per capital it mean a big gap of income to growth and Chinese work hard and add more by innovation new thing will happen in China and the market is not in the west they try to build up the south market which is youth and dynamic and also build new currency transaction to reduce dollar demand so it mean self reliance and multi polar world
Whenever you see the invited panel of guests are all non-Chinese on the discussion about anything about China, then you can immediately realize that the discussion is going to be a joke. Of course, such settings might be meaningful if the organizer of the show has a political agenda.
It is perfectly good to grow in 5% year by year for a country with world #2 GDP. One good news that China is high likely at the peak of its CO2 emission , although China does not officially confirm about it.
China is about the same size of the USA, but China feeds about 1.4 billions of people while the USA feeds only 0.3 billion people. How can you expect that China will govern like the USA dose?
Except last 2-3 centuries, china and india were the two largest economies in the world. Same is going to happen again and very little west can do as both are now nuclear and space powers. Each country has almost one and half billion people.
The West is in deep decline, uncompetitive, manufacturing sectors are collapsing for unable to compete with China esp in EVs.. China being world largest market with world largest middle class society is capable of absorbing economic uncertainty !!! Most importantly, we Han Chinese are very resilient n hardworking
The difference is that UK and west admit their problems, china doesn't and takes it a step further to gas light the world about it, like you are trying to do. Also, Mexicans work far harder than Chinese, officially
You can only engineer your way out of problems. Nothing else works, praying, wishing, dreaming, talking.. none of these work. Engineering via the scientific method is the way to go. This why China is on the ascent and USA is on the decline. One engineers, the other prays.
@@buildmotosykletist1987 China relies on engineering. Engineering is universal. Anyone can become an engineer, anyone can do science. The West does not own engineering. An individual or a company can only benefit financially from engineering ideas through the patent system within a country's jurisdiction. No one and no country can own scientific knowledge. Please brush up your knowlege of patent, intellectual property, trade secrets, a country's technological edge etc.
A group of foreigners discuss If is China in decline. so ridiculous, yes or not? how about your country? You all should discuss how we (lots of countries )are cooperate together, not like this topic.
The difference is that UK and west admit their problems, china doesn't and takes it a step further to gas light the world about it, like you are trying to do.
If we look at china today, china have been urbanizing very systematically every year, 1% of the population, 15 million people have move from rural to the city that mean from the agricultural sector like faming to the cities like manufacturing providing services, moving from traditional economy to the modern, still 35% of china population is rural so china process is not complete yet, they have to work to make it carry on, find job for them in the cities, home for them in the cities and make a new life in the city. china still growing, I don't think china has peaked
I like the accent of the guests and the host, but they do not seem to understand much about China. They easily dismiss the major projects and major policy changes in China without even trying to understand the rationals behind these key policies.
Cindy Yu is the token Chinese brought in to raise credibility (there is hardly any with Spectator) This gives people the opportunity to say things like :"See, we have a Chinese chairing the discussion" or "See, we have a Chinese person on the panel" so as to present a facade of fairness in reporting and discussion. I feel sad for Yu that she have to make a living this way. Why don't Yu become a real journalist and reports on facts in China instead of her endless condescending anecdotes. I will give you a clue, she isn't going to get paid much reporting on the factual. The West doesn't want to hear the truth, they want the Yellow Peril to scare their population into submission. It would be a more helpful and insightful discussion if Tom Miller's wife is on the panel. Let's hear it from someone who is from China and grew up in the system. It would be even better if we can hear it from Tom's father-in-law on how he was oppressed by Xi so much that he had a stroke 4am in the morning. If China is indeed so oppressive, why isn't Tom's in-laws living in the West?
Many countries (including the) make you register ID when you buy a train ticket. My take on ID as train ticket is it's just a more convenient version of that. It's not actually more oppressive than before. Before you bought the ticket with your ID then printed a ticket that was linked to the ID.
Cindy you are doing a great job with this podcast. These are good China insights however is looking from Western lens. Would be very interesting to have discussion coming from middle ground, like the "original Chinese whispers" the Singapore ex-diplomats, like George Yeo. (ruclips.net/video/bzNd4l3Opr4/видео.htmlsi=Ug0HXz-h2yqA_MGJ)
Why would they want to be popular? They want to get rich and powerful, that's it. What would popularity give you? Do you think the Americans were and are popular?
I live in Southeast Asia and has serve in the airforce. and I will tell you that totally rubbish to suggest China is not popular. 4 countries in Southeast Asia are seeking to join BRICS+. most countries here do military exercise with China as much as they do with US, most countries has military hardware and ship from both US and China, so it is clear that we are hedging our bets. RCEP was an ASEAN initiative and it pretty much help bind China into Asian trade while intentionally excluding the US. so we are INTENTIONALLY helping China gain regional economic dominance. most of Southeast Asia has muslim community. US blind support to the genocide of Gaza has drawn sharp criticism from ASEAN politician, even Singapore a tradditional Israeli and US partner had to openly critise Israel. all this is shifting ASEAN toward China and away from US... and we haven't talk about the reality that most of Southeast Asia leadership has Chinese heritage. the new thai prime minister has chinese relative who she return to visit regularly. the thai monarchy too has close ties to China with the princess also making frequent visit. China is not an "upstart", China is the defacto power in Asia for centuries and royalties just like in europe intermarries alot. think about it, how many Southeast Asia royalties would not have married a chinese prince or princess somewhere in their lineage? .
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China been collapsing for 30 years according to these guys lol
More like the past 50 years.
These LOSERS in the media is why we have wars, they like to brain wash people to hate other people.
I know. Scientists have been warning us about global warming. But we ignored them. Now look. Very good point. No wonder China is suddenly collapsing.
I been saying that 40 years ago before China economic rise my best selling bible in America.
@@first-gordonchang9510 Gibberish
UK is in decline.
Worry about your own country 😂
Because the contracts are in secret between China and the kleptocracy running the country lender. So, the global banking system doesn't know the arrangement details. It is destabilizing like everything else China does
The podcast is called Chinese whispers. This might give you an idea of what country they talk about 😂
Good call we really don't need your garbage product. Who says we need to buy from you and why are WE from the rest of the world were forced to buy product from you and you earn money from us while we lose money from your substandard garbage goods that compete with our domestic manufacturers. I am not even from the West!
china covered up covid...
I do. China is the threat
I would agree on peak China. however that is missing a couple of important context. his claim that US China GDP gap has widen is missing the point, US is printing money, of course US GDP number will go up, but that is a bubble, it not real economic growth, US productivity has not increase. while China stagantation is indeed cause by policies, these are policies design to tighten and pop bubbles, the fact that China did not go into a recession for popping the bubble is amazing. they are settling themselves up for a US economic collapse, when it happened, China would already lost it risky asset and be position to replace US. so the problem isn't if China has peak, the problem is US peak a long time ago, and it is merely moving on momentum and as each administration refuse to deal with the debt. US will for the first time in it history spend more on interest payment to debt than it spend on the military. think about that.
i like to think that countries are in a race with no finish line. and the route is full of up and down. sometimes it is better to intentionally slow down before you climb a steep mountain to conserve your energy. it is illogical to just pick a point of time to measure if they are winning or losing without an understanding of their intention and goal. the US goal is simply to outlast the term in office, as long as the bubble don't pop while they are president, it all good. but China is restructuring for what happens after the bubble pop.
the other thing, is US is able to sustain it momentum right now by exploiting Europe hot money that is leaving Europe due to the Ukraine war. it is almost as if they engineered the war to chase money out of EU and into US. that US is growing at the expense of other G7 nation, effectively canabalising the European. so just because US is doing "well" no longer mean the West is doing well. eventually the European are going to have to turn against US to save themselves.
@@lagrangewei in fact i feel like China was 3 times cheaper than the US 5 years ago, but now i feel its 6 or 7 times cheaper, so yes, the US is growing artificialy, purchase power is getting lower
China is not stagnant, look at China's economic growth in 2021-2023, this is because the US has raised interest rates, but China's gdp in yuan terms has increased by 12 trillion yuan
The question is about China not America. Thanks for anti American rhetoric While I don't see China crashing there is even less chance America will.
China is not printing money? As President Joe like to say: C'mon man!
In addition, much of China's GDP growth is artificial consisting of unproductive infrastructure projects. Just look at their High Speed Rail (HSR). The system has almost $1T in debt. The first lines between major cities were profitable so Xi decided he wanted HSR everywhere. Look at the reports of stations built, at high cost, that are not in use. Many are in areas that are not close to customers and inconvenient. HSR is just one glaring example. There are others.
@@LuisA-pi3ds That only matters if you are paid in dollars. Look at the data more closely. The multiple of average income for a house in China is many times what it is in the US. Look at the difference in average income, or GDP per capita.
Tom Miller's family made a din in a hospital ward and expect other Chinese patients in the ward to brush it off and stay sillent and welcome his and his family's behaviour. Oh come on, you and your superiority.
Please let hospital patients recover in peace and quiet.
Hong Kong has reported plausible foreign intereference (from the USA) in 2019 Hong Riots and the HK court has already sentence some to jail for receiving foreign funding for activities leading up and involving the HK riots.
With evidence of foreign interference in China's internal affairs, China is being prudence in raising the awareness level of its populace to infiltration. You can blame the USA for the welcome that you get in China.
In a global world where everyone’s economy is connected you won’t have 1 country in decline, it will take others with it.
Good show, well done Ms Cindy Wu.
@@gopalramanathan7062 Yu
Define what peak means? Laughable. One thing is certain. Britain peaked, the US peaked, but China just got started.
Ummm if you mean population China HAS peaked (ie it is starting to get smaller which is good and bad given it is a very crowded country.
Growth rate has peaked. It will grow the same amount as developed countries but without getting rich first.
BS
The future, especially the distant future, is unknown. The farther out, the more unknown it is.
Many unforeseen events can and will happen.
Wars, revolutions, incompetent leaders, dangerous charismatic leaders, nuclear weapons exchanges, natural disasters, the rise of India, game-changing revolutionary innovations (which are especially likely in the US, and especially unlikely in China, given the undeniable evidence and radical disparities), brain-drain effects and consequences, human demands for fundamental freedoms and rights, sic semper tyrannis, the inevitability of change.
China peaked demographically, China peaked financially, China peaked geopolitically, and most of all China peaked ideologically!
I think the fact china has peaked ideologically meant it has nowhere to go to deal with the other factors. I think you have made a good point with regard to how it deals with everything else. People may start looking for another ideology?
Is that why China is the no.1 subject everywhere on everyone's mind ? That's kind of a paradox , right ? Mel gibson has peaked and faded away and nobody even noticed ... Just to give u an idea of what peak means.
@@bonkersblock I think China is more a Confucius society ideologically than Marx socialist. So yeah ideologically it peaked like 3000 years ago …
I think Western education needs to improve
China is the largest developing country that relies on investment, consumption and export to drive economic growth in science and technology innovation, while Western countries have saturated development and completely different governance models.
It is laughable that Isabel Hilton thinks that the leadership transition from Hu Jintao to Xi Jinping is not peaceful just because a Chongqing City Party Secretary was sentenced to jail for corruption.
Bo Xilai was relieved of his position as Chongqing City Party Secretary one day after Xi's ascension to General Party Secretary of the Communist Party of China (aka President of the People's Republic of China). The race to top position was over even before Bo was relieved of duty.. the detention, official charges, trials and sentencing took place way after Xi's came to power as the number 1 in China.
There was no violence in the transition. There could well be jostling for the seat taking place in the background with deals and influencing going on but far from the violent transition that Isabel Hilton imagined (or dreamt of).
Laughable discussion. What the hell do you know about what makes China tick? Bet none of the panelists have ever been right on their predictions about China.
Hopeless panel. Too afraid to say anything against the China government policy. Waste of time.
I live in China for about 10 years now what I can say theres a lot of policies changes. I remember in 2019 with my Chinese business partners and friends I ask them about the future of china,they were all positive about it, now fast forward 2024, they are mostly less enthuse about China future and economy . They all make one profound statement, it's difficult making money in China now
@@agrofeen1700 bây kiếm tiền ở đâu cũng khó không riêng gì TQ
This situation is true in all other Asian Tigers economy in the past. Singapore, Taiwan, South Korea, Japan all went through it.. similar to some years in Thailand and the exact opposite is true in Indonesia right now.
Indonesia is booming and if you go to Indonesia now, the youths are very positive abou their future and business people there are making good money.
This has to do with the economic cycle of government's fiscal stimulus and the cyclic boom of the property market.
China is going through the middle income trap period and has left the mad growth adolescent phase that it went through from the 90s to 2010s.
Ask a Japanese in their 60s and they will reminiscent the 80s. As a Singaporean and he/she will say how things are cheaper (cars and housing) back in the 80s and 90s. As a South Korean it will be 2000 or Taiwanese and it will be 90s to 2000.
Policies have some impact but the main reason is the structure of the economy at various phases of development and China's mad boom phase is gone and the government is implementing structural reform with the aim from breaking out of the middle income trap in the next 10 year or so.
China is probably already below 1 billion. People have been doing calculations based on BCG vaccinations (which are mandatory) and projections based on birthrates.
@@winterskiU wow! So smart! You think you have a better math level? 😂
@mikeliu5201 Did I say I did the calculations? Pretty sure I was clear in my comment when I said 'people'.
Miss Yu's giggling and her perfect accent is intoxicating ... although I don't see any in depth views with critical thinking ...
She’s there as NATO’s Asian friend.
@@ericp1139 Kinda like Japan. They need to be diverse, you know, for political correctness.
That is because she is there (for The Spectator) as chair and interviewer - not as a fourth expert.
She has plenty of gravitas to offer when such roles are reversed - if you read her articles, listen to her pods, or investigate her few recorded stints as an interviewee.
@@mikegray8776 no she clearly is pandering towards a western perspective and she failed to push back on some obvious ethno-centric views from the guests. Though I must admit this group is way better than listening to Peter Zeihan and other Americans
That says a lot about your understanding of critical thinking. Perhaps you lack a Western education like so many Chinese.
Isobel Hilton's comparison of China with Brezhnev or even Stalin is so ridiculous. The level of analysis on this panel is so low.
Not really!
Why there is no Chinese panelist？ What makes these western panelists know more about China than a Chinese panelist?
Because they would be a mouthpiece of the cccp reading off the sheet provided
@@radjewah yes the typical liberal mindset- diversity if thinking is encouraged/ except if it comes from a non- western culture 😂
@@Drkennethkin 1.6B USD
@@amunra5330 China progresses in the last 40 years due to its (half hearted) copying of the western capitalistic economy. Prior to that all it has was decades of poverty. 4:47
@@DrkennethkinThe chairperson in the discussion is Chinese. Do you mean "Why wasn't there a member of the CCP?"
totally waste of time
Miss Yu is really good, a proficient writer and presenter.
Cindy Yu is fantastic. I love the Chinese Whispers Podcast.
I do not think it will recover from the downfall. It has a good infrastructure but its citizens are not educated properly. It needs to reorient.
According to Isabel and Cindy, China has trouble innovating but what is the reality?
China is leading in electric cars.
China is leading in green energy products.
China is leading in mobile payment and cashless transactions.
China is leading in commercialization of self driving vehicles and robotaxis.
China is leading in space flight and space station technology.
China is leading in quantum computing.
China is leading in nuclear reactor safety.
China is leading in mobile phone design and manufacturing.
China is leading in high speed rail.
China is leading in ship building.
China is leading in infrastructure building.
China is leading in hypersonic missile technology.
China is second only to the USA in semi-conductor manufacturing (I consider TSMC a USA company if you look at the shareholding structure) and chip design when 15 years ago China is way behind the pack (behind USA, Japan, Korea, Germany and France).
China is second only to the USA in AI development.
Everything you listed is Western technology.
There is one area China lead in and that is food parcels from abroad for starving Chinese. Ask any Chinese with family in China.
I just remembered there is another area China lead the world in and that is "Deflation".
@@buildmotosykletist1987 Technoloogy is the engineered application of science. There is no western technology, there is just technology.
China just sent a replacement crew of 3 to their Tiangong space station using their own rocket. If technology are western, why would the China have the technology and means to build a space station?
Read your own reply and I hope that you can see the absurdity in it.
@@buildmotosykletist1987 This just prove that you are trying to spread misinformation with made up observations. Chinese in China are not starving. Chinese do eat lots of premium imported food such as beef, lobsters, salmon, tuna etc.
Excellent. Most enlightening
There is a saying: “Reading ten thousand scrolls is no better than walking ten thousand miles”.
I am British Chinese now back in UK for a visit and my god, I wanna leave as soon as my errands are done.
This place is a dystopian nightmare and it’s insane to have a bunch of British scholars saying China is on decline. I mean the panels should go visit and draw some real comparisons.
So China isxa dystopian paradise? As a Xi lover you won't be missed in the Uk
Are you going back to China?
A pure troll statement.
@@BatCountryAdventures Don't forget to pack your VPN
Why are these peoples so concerned about China's economy. Just looking at the US and the West, aren't they should analyse the economy of its own country? China is doing too well.😅😅😅
Where is Gordon Chang ?????? We need his input !!!
@@chopinmack5418 these are his followers spreading his message of China's economy is in Decline/Crashing
We will be discussing this after 3 decades.
Nope. We will be discussing the funding of the starving Chinese.
In the latest poll, just 2,000 people, 21% in Vietnam chose China over the US, 17% in the Philippines chose China, 39% in Singapore chose China. 45% in Cambodia chose China, 42% in Mynamar chose China. 52% in Thailand chose China.
LOL. The Vietnamese absolutely hate China.
@@MotokoOgawa understandable
Nonsense! Filipinos don't like the Chinese. Where you got the number that says 19 percent of Filipinos choose China is a pure fabrication. A reputable polling firm in the Philippines found out that only 1 percent of those polled trust or like the Chinese.
I searched the transcript and the word "demographics" (or "demographic" or "demography") doesn't come up until a question from the audience at 58:11. I certainly don't intend to spend 58 minutes finding out how they managed to avoid talking about the main reason why China may be in decline! Something about coal or pouring concrete, I think.
By 2100, the USA is expected to have a population of roughly 400 million. If it's current fertility rate remains constant, China will have a population of maybe 500 million by then. It will have roughly the same or fewer working age people than the USA and it will have a much larger number of elderly people to look after. Maybe the demographics will change. That's the main unknown. It might get worse and become more like Taiwan or South Korea. I expect China to enjoy a decade or two as world's biggest economy and then to fade out in importance as its population declines.
Thank.ypu.
Mega fan of Louis Vincent Gave of Gavekal.
why is he mentioned here tho?
These so called specialists should have worried about problems in their home countries rather than to spend time on things or issues that are not there in the first place. We as Chinese are happy and proud to be living in China where we enjoy a much better way of life here than most of you guys there in your home countries.
The economy of China (Int. $35,291 bn) is Int. $6,510 billion, or 1.23x of the US (Int. $28,781 bn), on a purchasing power parity (PPP) basis. According to estimates by the World Bank, China's GDP was approx. 11% of the US's GDP in 1960, but in 2023 it is 65%.
Due to the vast population of China, more than four times the US's population, the difference between these two countries is very high in terms of per capita income. The per capita income of the United States is 6.5 and 3.41 times higher than that of China in nominal and PPP terms, respectively. The US is the 6th richest country in the world, whereas China comes in at 72nd rank. On a PPP basis, the United States is in 9th position, and China is at 78th.
Hi. You're Cindy Yu, I'm Warren Tee. 😂
Greetings to xis trollbotboys
The younger generation in China are certainly addicted to their phones, to a somewhat disconcerting extent. People watch movies on their e-bikes and bicycles. However, schools ban them and school homework loading is several hours a night plus weekends. It’s a great place to live and I don’t have a sense of being controlled. I’m used to it after 7 years.
China has record youth unemployment with no end in sight. Over a billion empty apartments and homes, massive ghost cities and unlimited corruption. Chinese women are not having babies, no interest in marrying some farmer. Rapid population decline, there are now just as many Chinese over 50 as under 50. Disaster. The Chinese who slaved to build the Tier 1 cities and infrastructure today are in their 60s now, the Chinese youth today do not want to work like slaves, they don't want to jump out of windows anymore being forced to work 23 hours a day with no hope. Its over China.
China when measured by Purchasing Power Parity is much much bigger than USA, SO ???
JUST FOCUS ON YOUR OWN NATIONS AND LEAVE CHINA ALONE. THE WEST IS OBSESSED WITH CHINA AND JUST CAN NOT LET GO OF THIS IDEA THAT THEY ARE RACIALLY ECONOMICALLY CULTURALLY AND POLITICALLY SUPERIOR.CHONA HAS BEEN COLLAPSING FOR THE LAST 30 YEARS .GIVE IT A REST.
@@thomasrogers9146 Nonsensical comment.
To make your podcast and channel more credible, get someone from inside of China on your panel. Chinese scholars like Shen Yi, Zhang Wei Wei, Jin Can Rong, Victor Gao. Alternatively, scholars from Taiwan such as Yuan Ju Zheng, Yang Yong Ming, maybe even Ex-President Ma Ying Jiu who can provide some level of insights into the mainland and the mainland's relationship with Taiwan. All of the above speaks English competently.
Victor Gao, threatened to 'Nuke' Australia on Aussie national TV. He is the king of fools.
@@buildmotosykletist1987 Victor Gao did not threatend to nuke Australia. Please watch his interview on this matter again. The point that he is trying to get across is that if a country has nuclear weapons, then that particular country becomes a legitimate target for nuclear response in retaliation.
He emphasized that China has a no first use nuclear policy and also China's long standing policy on not using nuclear weapons on countries with no nuclear weapons.
He said that Australia is getting into a gray area when and if Australia obtains submarines that are powered by weapons grade (high enriched) uranium (the submarines that Australia is getting through Aukus).
Victor Gao also doubts that these AUKUS nuclear powered submarine would be under the complete control of Australia and that Australia might have to relinquish its sovereignty of its nuclear submarine based on the AUKUS deal. The ultimate control of these nuclear submarine is also under debate by politicians in Australia.
Zhang Youxia is the real ruler of China ... little pinks and 50 cent warriors are too dumb to realise it.
Today China announced the prototype testing of a new supersonic commercial jet that can travel between Beijing and New York City in about two hours. Just the other day Chinese astronauts successfully returned from its space station while American astronauts remain stranded. Does not sound like a country in economic decline.
@@andrewburroughs1660 there has already been a supersonic jet from New York to London / Paris in the 90s. It ran for several years and was not profitable.
China's space programme is very impressive, however. Remember how the USA benefitted years later from technology created during its space programme?
What an impressive group of speakers. Wow, great job
theres a big market for these "china collapsing" talkshows, the viewers feel reassured & get their dopamine hit, the speakers make their living, everyone's happy.
Tom Miller wants the Chinese kids to embrace the Imperial Japanese Army when they learned of the massacre that took place in Nanjing during the Second World War?
What else should a Chinese kid feel when he/she learns about the atrocities that the Japanese did during the World War to their ancestors of their compatriots?
Having hatred for a group of barbaric soldiers who committed atrocities in the past does not preclude showing compassion and friendship for contemporary Japanese.
Tom Miller should look at his interview again and then into the mirror to see if he is still human.
I wish Tom Miller's wife and his in-laws could watch Tom's comments on the Nanjing Massacre in this interview.
I love this… so apart from the people who know China the best, like it’s neighbours, US and Europe, it’s gaining influence with people it gives money and infrastructure. I actually hope the Belt and Road investments work out for the countries that took those deals, but I’m doubtful and wish them luck.
The moderator is obviously dont know why some military chief is removed. She as a former China citizen should find out more or read more.😢
😂😂😂
The lady said thousands of young people no doing anything and she also said that China economy is bad ...she cant even relate to that 😂😂😂😂
42% of the Belt and Road Iniative is for cheap energy extraction with the biggest clients being Russia, Saudi Arabia, Qatar, UAE and Nigeria. These cheap energy investments take a very long time to complete and take a long time to turn a profit. The other countries, like Pakistan, and many African countries, are on the verge of collapse. China's total debt exposure in the Belt and Road Iniative is 600 Billion dollars with an average partner rated at B3 / B-. the lowest possible rating. Chinese lenders account for 12% of Africa’s private and public external debt, which increased more than fivefold to $696 billion from 2000 to 2020. China is a major creditor of many African nations, but its lending has fallen in recent years and is set to remain at lower levels. Further, all contracts in the Belt and Road Initiative are secretive after 2015, thus undermining the financial world order. All of China's loans in the Belt and Road Initiative have "cross-default clauses": if one loan is defaulted on, all loans can be requested for immediate payment in full. And non-Chinese lenders do not know what China will do in each case, as each contract is secretive.
@@MotokoOgawa it is their own chinese money which they have invested in Africa. Why r u so worried about them losing money.
@aslampervez2294 Because the contracts are in secret between China and the kleptocracy running the country lender. So, the global banking system doesn't know the arrangement details. It is destabilizing like everything else China does.
@aslampervez2294 Because the contracts are in secret between China and the kleptocracy running the country lender. So, the global banking system doesn't know the arrangement details. It is destabilizing like everything else China does
Isabel Hilton got it so wrong on the China Japan Friendly initiatives in China.
China wants its people to have good relationship and friendship with the Japanese people as evident by the banner displayed in Fudan University and the various Sino-Japan Friendly associations that sprinkles throughout the country.
China taught its student what happened factually in War World 2 and the atrocities committed back then by Imperial Japan. There is no need to teach hatred.. the reaction and feelings of Chinese when they learned of the actual events that took place in Nanjing came from their heart. China does not need to teach the kids what to feel. They just showed the reality of the 1940s.
Isabel and Tom's ideas are akin to criticizing contemporary Jews for not loving Hitler and the Nazi regime of 1930s/40s.
Imagine Tom narrating an experience where he saw a young Jewish kid with clenching fists and an angry face when the kid first learned of the Holocaust and Tom's comment is :"Why does Israel teach young Jewish kids to hate the Germans?".
it's true China is declining, and how could I know? I cannot say
And the white lady said western ngo has Chinese participation. What di u expect when western ngos are sponspored by western powers. Just like in Hongkong. Dont see why these ngo is interested to go to China if they think China so bad and scary 😂😂😂
The female chinese host speaks very good English however she speaks too fast and sometimes it is hard to catch up what she is saying.sometimes she laughs but it is not laughable or funny at all.
Tom is so ignorant about corruption.
5:20 it's misleading to tell only part of the stroy.
China's GDP peaked around 2021 because of US repression，including the high interest rate of US $ which dragged money back to the US. it lead to the increasing of exchange rate of RMB. Also the Economic sanctions to China products, export control on high tech, also contributes. As the result, the GDP of China, from calculation point of view, shrinks.
While the other side of the fact, China's economy didn't collapse, it just squeezed out the bubbles, and indurstry exports are increasing in 2024, which keeps dominating the global market.
Can the Fed keep interest rates at 5% forever? it's like holding the breath for more than 2 years. and the US Gov is paying huge amount of interest for the debt because of the high interest. I doubt it can last too long. wait until the Fed drop the interest rate...
it's too early to say China is in decline.
exactly.
In any country there are always discontent and China has handle it wisely and better than any of the Western countries.
Why is China EV s security risk where else Western EV is not. It so obvious it is just discriminating so that China EV can get into Western market.
China should follow it's path inatead West standard of urbanisation. 😅
Watched the whole thing. I find their views quite interesting and one can tell they were genuinely trying to be as objective as possible.
I did find one interesting commonality amongst all on the panel including the moderator which is providing their comments based on a very Western measuring stick. I find this quite surprising clearly all members of the panel have extensive Chinese exposure and on the street experience. It would be more interesting if another member provides the answers from a CPC perspective.
As an example, China cares more about social needs than individual needs. It is country, family, and self in that order. Of course this does not sit well with many from the West, but that’s the underlying principle. The allow to get rich has always been a pilot light strategy to kickstart the economy. Now that industrialization has reached momentum, it will be a challenge to reform policies to obtain a more equal wealth distribution, the common prosperity bit.
I find the talk about soft power and a lack of culture influence an excellent example of Western hubris in action. It is China’s culture not to impose or influence other cultures. Kind of like the Star Trek prime directive. They just want to be proud of their own history and culture. Perhaps this too inward looking, but who’s to stay what’s best?
You mean like "Wolf Warrior" diplomacy; "do what we say or else".
Is Austin Williams trying to say that the definition of a world class metropolitan city is the lack of a good metro transportation system.
So according to Williams, Tokyo is badly planned, Singapore is also badly planned and throw Seoul into the mix too.
Where did Spectator find these underwhelming "experts" to discuss China?
Shanghai is an ancient city by most international standards and some level legacy issues on property rights (hard to re-deisgn an ancient city) are to be accepted. Shanghai isn't a city built from scratch and the authorities there have to take into account existing residents and their property rights. You cannot tear down an old metropolitan city of over 20million and redesign to not have metro systems.. a utopia where everyone takes a 5 min walk to get to school, work and play.
Williams' comment is indicative of his bias and double standard. Cindy Yu laughing along to his ridiculous comments is worse.
Insightful discussions and balanced views from real China experts and excellent questions from people who clearly know a lot about China.
@@pinview8519 white women is anti china lmao
It all depends on the circumstances and choices that the ccp makes. China made the right decision early on to focus very much on investment to gdp. But they have been pushing on that string now for 5 years plus. Consumer spending in china is 38% to GDP. That is literally 3 stdev too small. Have china aggressively switch to consumer spending to gdp and they are destined to be the largest economy in the world. But if they continue to push on the investment to gdp string as it seems they are currently insisting on continuing in the future, then the chinese economy will stagnate. And the longer you stagnate the harder it will be to make that transition. And yes, it is a very hard transition to execute. And yes, this transition will require the ccp to loosen the reigns a lot as to who holds power, which they likely will not be willing to do. So very likely we are currently seeing peak china. This is a very sad story indeed, especially for the common chinese person.
The UK guy should go back to UK n check out hiw well his govt do and how frustrated their people is with their govt.😂😂😂
China definitely hasn't peaked. Right now, it's practically below sea level. With competent leadership, effective foreign policy, and strong governance, China's journey is just started, meanwhile UK should worry about yourself take a look at the awful situation now
These people are so naive and afraid, it seems. Good grief just move to China and keep making excuses for this authoritarian government. China watchers, see nothing, say nothing, hear nothing! So much to laugh about in China and the world, not. Thank you for an interesting and scary discussion in some ways. Law of the jungle, the West and China. Apologists, especially Tom Miller, it seems. Really, Ms Wu.
There is no decline, magbe after 20-30 years we might see a dip when they are a fully developed economy
Are some commentators Chinese because they seem very upset
Definitely, China's luck is finished.
But USA money printing isn't 😂
@@xfactor6099 USA lives rent free in Chinese bots algorithms
A pot trying to call the kettle black 😅
@@rubylaser8601 China doesn’t need luck
It was never a matter of luck. The only thing that is ending is US hegemony.
If you can’t weather the global economies even mosquitoes will bring down the empire.😂😂
Why are there no Chinese people on the panel ? 😮
Because China is not free.
@@conallgeneral8136 Cindi Yu : am I a joke ti you?
@@taehwanpeter She’s British.
Why should there be?
No, chinese is not needed for propaganda against China.
Why people form west main stream media think Chinese is peak ? Even though China has 4 time of people and GDP per capital 20-25 % of USA per capital it mean a big gap of income to growth and Chinese work hard and add more by innovation new thing will happen in China and the market is not in the west they try to build up the south market which is youth and dynamic and also build new currency transaction to reduce dollar demand so it mean self reliance and multi polar world
Bullshit in China exam is easy to pass.... Western uni r more easy to get through😂😂😂
“ you tell a lie big enough and keep repeating it, people will eventually come to believe it”
- Joseph Goebbels
Whenever you see the invited panel of guests are all non-Chinese on the discussion about anything about China, then you can immediately realize that the discussion is going to be a joke. Of course, such settings might be meaningful if the organizer of the show has a political agenda.
Nothing you say has any validity.
50% of usa GDP comes from these think tanks who r hellbent on tanking usa economy 😂😂😂😂
It is perfectly good to grow in 5% year by year for a country with world #2 GDP.
One good news that China is high likely at the peak of its CO2 emission , although China does not officially confirm about it.
50:34 So hilarious. Hard to be more distorted and contradictory than this.
Great discussion, should repeated! 💯🏆😃👍
LOL😂... NGO CIA people
@48:00 Newcastle LOL
Um, no. A week old as I view it and already outdated. The Spectator in decline.
One word: Cope
China is not coping. Look at it's 40% youth unemployment.
😂😂😂
The white guy said that his father-in-law has stroke .... Hey man he us old ... Take care of him ...perhaps he is stress by yoyr presence😂😂😂😂
I would agree with all of pseudo-China experts.
China is about the same size of the USA, but China feeds about 1.4 billions of people while the USA feeds only 0.3 billion people. How can you expect that China will govern like the USA dose?
China does not feed it's 1.2billion people. The people are starving, many only survive on food parcels from family abroad.
Decline?
Miss Yu’s laughters are annoying.
Except last 2-3 centuries, china and india were the two largest economies in the world. Same is going to happen again and very little west can do as both are now nuclear and space powers. Each country has almost one and half billion people.
Here come Indian always putting their nose everywhere
When you are asleep and others are developing, you will be shocked to your awakening.
The West is in deep decline, uncompetitive, manufacturing sectors are collapsing for unable to compete with China esp in EVs..
China being world largest market with world largest middle class society is capable of absorbing economic uncertainty !!! Most importantly, we Han Chinese are very resilient n hardworking
The difference is that UK and west admit their problems, china doesn't and takes it a step further to gas light the world about it, like you are trying to do. Also, Mexicans work far harder than Chinese, officially
ok, this woman thinks that engineering is bad. "you cant engineer your way out of problem"
You can only engineer your way out of problems. Nothing else works, praying, wishing, dreaming, talking.. none of these work. Engineering via the scientific method is the way to go.
This why China is on the ascent and USA is on the decline. One engineers, the other prays.
She is right. China relies on Western engineering.
@@buildmotosykletist1987 China relies on engineering. Engineering is universal. Anyone can become an engineer, anyone can do science. The West does not own engineering. An individual or a company can only benefit financially from engineering ideas through the patent system within a country's jurisdiction.
No one and no country can own scientific knowledge.
Please brush up your knowlege of patent, intellectual property, trade secrets, a country's technological edge etc.
A group of foreigners discuss If is China in decline. so ridiculous, yes or not? how about your country? You all should discuss how we (lots of countries )are cooperate together, not like this topic.
The difference is that UK and west admit their problems, china doesn't and takes it a step further to gas light the world about it, like you are trying to do.
China has no friends.
China GDP is still growing and blooming...
Once the property crises is fix and the share in positive position..
U will see there is no where near peak
If we look at china today, china have been urbanizing very systematically every year, 1% of the population, 15 million people have move from rural to the city that mean from the agricultural sector like faming to the cities like manufacturing providing services, moving from traditional economy to the modern, still 35% of china population is rural so china process is not complete yet, they have to work to make it carry on, find job for them in the cities, home for them in the cities and make a new life in the city. china still growing, I don't think china has peaked
I like the accent of the guests and the host, but they do not seem to understand much about China. They easily dismiss the major projects and major policy changes in China without even trying to understand the rationals behind these key policies.
How refreshing to hear some people who actually have lived in China and spent their lives thinking about it talking. Not enough of it recently.
Cindy Yu is the token Chinese brought in to raise credibility (there is hardly any with Spectator) This gives people the opportunity to say things like :"See, we have a Chinese chairing the discussion" or "See, we have a Chinese person on the panel" so as to present a facade of fairness in reporting and discussion.
I feel sad for Yu that she have to make a living this way. Why don't Yu become a real journalist and reports on facts in China instead of her endless condescending anecdotes. I will give you a clue, she isn't going to get paid much reporting on the factual. The West doesn't want to hear the truth, they want the Yellow Peril to scare their population into submission.
It would be a more helpful and insightful discussion if Tom Miller's wife is on the panel. Let's hear it from someone who is from China and grew up in the system. It would be even better if we can hear it from Tom's father-in-law on how he was oppressed by Xi so much that he had a stroke 4am in the morning.
If China is indeed so oppressive, why isn't Tom's in-laws living in the West?
Exorbitant cost of US health care service ballooned US Gdp
Many countries (including the) make you register ID when you buy a train ticket.
My take on ID as train ticket is it's just a more convenient version of that. It's not actually more oppressive than before. Before you bought the ticket with your ID then printed a ticket that was linked to the ID.
#HR1157PaidTrolls are at work.
Cindy you are doing a great job with this podcast. These are good China insights however is looking from Western lens. Would be very interesting to have discussion coming from middle ground, like the "original Chinese whispers" the Singapore ex-diplomats, like George Yeo. (ruclips.net/video/bzNd4l3Opr4/видео.htmlsi=Ug0HXz-h2yqA_MGJ)
7:00 this guest is pure garbage. No point at all. Zero judgement
China is not popular in SouthvEast Asia, I can tell you!
Really ? Australia is ??? 😂😂
Because SE Asia people are use to rule under the white man master.
Why would they want to be popular? They want to get rich and powerful, that's it. What would popularity give you? Do you think the Americans were and are popular?
I live in Southeast Asia and has serve in the airforce. and I will tell you that totally rubbish to suggest China is not popular. 4 countries in Southeast Asia are seeking to join BRICS+. most countries here do military exercise with China as much as they do with US, most countries has military hardware and ship from both US and China, so it is clear that we are hedging our bets. RCEP was an ASEAN initiative and it pretty much help bind China into Asian trade while intentionally excluding the US. so we are INTENTIONALLY helping China gain regional economic dominance. most of Southeast Asia has muslim community. US blind support to the genocide of Gaza has drawn sharp criticism from ASEAN politician, even Singapore a tradditional Israeli and US partner had to openly critise Israel. all this is shifting ASEAN toward China and away from US... and we haven't talk about the reality that most of Southeast Asia leadership has Chinese heritage. the new thai prime minister has chinese relative who she return to visit regularly. the thai monarchy too has close ties to China with the princess also making frequent visit. China is not an "upstart", China is the defacto power in Asia for centuries and royalties just like in europe intermarries alot. think about it, how many Southeast Asia royalties would not have married a chinese prince or princess somewhere in their lineage?
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美国在 墨西哥，古巴，委内瑞拉，巴西也不受欢迎🤣🤣🤣🤣 俄罗斯在芬兰，乌克兰，波兰也不受欢迎，但这有什么问题吗？美国制裁古巴，委内瑞拉.俄罗斯打乌克兰。中国有禁止你东南亚的水果买入中国市场吗？中国起码在供应越南的电力，在柬埔寨修运河，在缅甸修铁路。唯独和菲律宾还是双方拿着木棍发生冲突，但凡像美国和俄罗斯.军队就直接开进你家门了，
Bizzare question to ask as we witness the collapse of much of the G7.
None of the G7 are in recession. China is.
@@buildmotosykletist1987 LMFAO. What drugs are you on?
Bears - woods - you know thw answer.