Why Economists Are Raising China's Growth Forecasts
HTML-код
- Опубликовано: 16 сен 2024
- Economists surveyed by Bloomberg are now saying China’s economy may expand 5% this year, up from the 4.9% projected in May, even as consumer spending slows. Minmin Low reports on Bloomberg Television.
Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: bloom.bg/4535pfS
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ys...
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on RUclips:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ys...
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on RUclips:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
What happen to the Multiple videos saying China economy is Doomed??
It's not doomed. It will just suck for a while.
What day is today? 135 collapsed, 246 threatened, closed on Sundays
@@kenbehrens5778 Usually, actual Falun Gong sourced videos. Thing is, whilst I doubt the common suggestion that the US government is specifically responsible for negative disinformation about China, we also have proof that the cult actively does this - usually with various 'China whatever' channel names and talking heads. Given how surprisingly little money is actually needed to fund defamatory media empires (look into how much money is involved in political campaigning in a place like the US... then compare to how much money is routinely spent on anything else, you'll find that it's actually *tiny*), I find the cult alone is enough to explain most of the negative propaganda. Another portion can be attributed to said cult's slow integration into our own western political apparatuses and media empires, which I find quite concerning. Of course, the remaining portion I'd generally attribute to our general disposition about China... and also the truth. Not everything's sunshine and roses there. They're growing at 5% because the remaining 2.5% that'd normally have them at 7.5% growth is currently in the business of being the collapsing real estate sector, for example, and this is just a tame example.
I've been listening to this for over twenty years.Let them continue.
It's only wishful thinking of the west.
Where is my Gordon Chang?
Where is that anti-China Palki?
Didn't she report that China's economy is collapsing.
That leech is sucking off USa , He is like a Snake who clings to everything and sticks to nothing.
rewriting his next book title, the coming collapse of my theory
He's not an economist
Why are Western media saying that the Chinese economy is collapsing-- political needs
Where is it saying that? Please provide a link.
@@Bubba-q2bu can find that from Fox News
@@Bubba-q2b Search China collapses
Too many to provide just one. That question interests me too.
@@Bubba-q2b just search China collapse on RUclips, you will find tons of "analysis"
Turns out CHina's Economist are better at setting and achieving goals than the west . %% is 5%.
I dont see that number ever changing. Even
as it's people are eating out of garbage cans
Economic price dumping isn't legit in West high standard
I like how they get all the bananas to host these anti China shows
@@gregwong2132 these Banana are so desperate for white validation that they are willing to do their bidding to trash walk their Asian brothers and sisters.
Once China's home prices come back down to affordable levels its economy will boom again. China made a huge error propping up real estate bubble.
The importance of real estate in China's economic development has decreased significantly.
Cars have overtaken real estate. In fact China's real estate bubble is having a soft landing.
@@jerry-vh8dn Lol, the real estate sector is 1/4 of poor China's economy.
Much like the property bubble in north america! Except there no one propped it up. Just undersuppply.
They were already popping it back in 2017 with several laws that forced companies like Evergrande from accumulating more debt. Covid just threw a big wrench in those plans. The collapse of real estate was planned by the CCP in order to stop debt growth and bring down housing costs.
Do all three have the same hairstylist?
looks like so🤣
it is called OpenAI avatars for news reporters. robots are doing a better job for the journalism in term of regurgitating news reporting.
Look so fake and try hard😂
its the same person can't really tell
Yeah...and they all need a plastic surgeon for a facelift...😂😂
I think people should focus on the long-term aspect, and not too worried or optimistic about short-term fluctuation of the economy. China's potential is still great. In contrast, Europe has been steadily declining, even before the Ukraine war and Covid-19. Those are major trends. Up-and-down every week or month doesn't change the direction.
Data and facts determine the views of real economists, positions and ideologies determine what politicians say
Where is Zeihan? Chang?
Oh no, China is going to end up like Japan!
Yeah I have heard this for three decades
the truth is USA is ending up like japan
China have sovereignty unlike US occupied Japan so no, US economic war will not have the same outcome.
Why not?
The US 1Q GDP of 2024 was revised down to 1.3%. The unemployment rate was revised upward to 4.9%.
Yes!
Your weekly schedule on reporting China:
1 3 5 China is doomed
2 4 6 China is rising
7 day off
What day is today？
I find it is very weird when govt force their people to spend just to boost growth. Come on, it is the people money. Up to them, unless you want to give the people the money.
When China sneezes, Western firms invested in China catch a cold. Think VW, Nissan, Honda, Apple ...
minmin low is cute
Of course Minimized Minimum is Lowest 😂
Move over bloomberg I want to hear what LastChang and ArabicReja have to say.
How about democracy?
fact :Trump was banned in America and lost the president election
What does democracy have to do with this
Chinese consumers have USD 9 Trillions in savings .
They are not spending because of insecurity.
The Chinese economy is stable but not great.
USA economy is in trouble as the government stimulus have boosted the economy but it is still facing a recession.
not 9 trillion USD, 18 trillion in Savings whereas Americans have a total of 900 billion in savings which is 18 times less than China.
@@lolcatjunior
USA is too big to fail…..
Everyone needs USA to keep buying things…
Hahahahaha….
China high savings = bad
US living above their means, drowning in credit card debts = consumer confidence.
@@lolcatjunior sure but you know wealth isn't just about cash or deflationary unresolved headwind. Funny when you guys fight tooth and nail comparing 2 conflicting regimes... I thought China already drew the petroyuan line in the sands
I find it is very weird when govt force their people to spend just to boost growth. Come on, it is the people money. Up to them, unless you want to give the people the money.
What is IP? Which is apparently growing at 5.2%.
Intellectual Property, Mwuahahhahaa!
Stealing from apple and tesla
@@yehimstone5492 Any proof?
Just like China stole NASA's tech to go to the dark side of the moon...😂😂😂
@@soonpohtay4794How could they steal somothing that NASA has never imagined of doing😂
2 Nasa astronauts are currently stuck in Space😂😂American failures
Asian Karens are coping after finding out reality
Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing.
- Exports and imports, accounting for 37% GDP, are down.
- Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
- Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
- Consumer prices are experiencing deflation.
- Youth unemployment hits over 21%, a record.
- Its fast-shrinking workforce is 10 years older than neighboring countries.
*Still, China keeps reporting outrageous GDP numbers.* Lol
Where does the growth come from?
lol on u
Printing money out of thin air
Taiwan cyber soldier alert
It's nice to have comments like yours, and the more people who believe it, the better for China.
Check out companies like Meituan and PDD. Old drivers are down but new ones are up.
It’s up and it’s down. lol…
Look I don’t like China in the slightest but I hope the economy does well so my family can stay as far away from me as possible.
Why do you not like you're family
Money printer going brrr in china will spur growth, inflation and downfall of fiat yuan
Please replace ‘China’ with ‘the United States’.
@@wynterwei9628 Why would US want to replace a copycat?
@@Bubba-q2bbecause it's now a stupid ass country full of morons like you lol
@@Bubba-q2bA copy Cat which has highest GDP PPP 😂😂I see Copium is at work
这些中国人长相的人 在美国电视台 对中国说三道四 如果中国的发展 让你们难受紧张了 那我只能说 这个就对了 太好了 😄
Seriously, to gain some confidence back from investors, the Chinese government needs to *stop its lies.*
But the Chinese government tells me you're noble, truthful and definitely not a troll.
In 2023, real China's 🇨🇳 economy shrank -3.5% as opposed to 5.2% expansion as officially announced.
- So this year, they will just publish a 5% growth regardless of their economy.
jesus not agree with you
Taiwan cyber soldier
oh Gordy... are you having another narcotic induced schizophrenia episode.
Nice try Gordon
Hey Chang, so essentially you're telling us all these analysts and China experts from the West are plain morons. Gee which side are you on dude?
China stock index turned to new low > 4 months yesterday, as foreigner escaping, what happen and how while Li Qiang speaking at the Summer Davos in Dalian and why!
DEI is strong with Bloomberg