China unveils biggest stimulus since the pandemic -- is it enough? | DW News
HTML-код
- Опубликовано: 1 окт 2024
- The Chinese central bank is pushing stimulus aimed at reviving the country's stalling economy. The list of measures includes lowering borrowing costs and allowing banks to increase lending. This surprise news came as the Chinese economy has increasingly looked like it will miss its own 5% growth target for this year.
#china #business
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
The way that financing in the property pre-orders work in China is absolutely flawed... easing financing will not solve the confidence in potential property buyers for pre-orders. Most markets have escrows or regulations that releases funds to property developers upon milestone completions but in China, the developers can get the full value of the potential property leaving banks with debt and borrowers hoping that developers will complete their projects. When big developers fail their promise, the whole system is bound to collapse.
When beijing and shanghai housing is more expensive than in London, Paris, New-York, then confidence is not the problem... the problem is that prices need to be, at a MINIMUM, halved, and until that happens, buying is basically a fools errand. You are also right that the way they used unfinished properties to finance new ones is a massive problem too, but that one has already created the problem of there being way too many houses and has somewhat been made an illegal practice now with the rules on lending to promoters (20 years too late).
Basically, too many finished houses and lots of unnecessary constructions rotting, massive debts and incompetent, corrupt leaders that will shower themselves with public money and grow an even bigger hole.
Inflating the bubble even bigger is never the correct answer.
That's what almost every big economy does. Chart can only keep going up under 'quantitative easing'.
M8 wtf is your argument you do know fiscal stimulators has been used ever since in 1934 Keynes gave us such an idea.
So your telling me there been an inflation bubble for 90 years. Gosh idk will it also for another 90trillion years 😂
@@ToodyslexicforyouThe scale of the fiscal deficits we've run in the last 15 years are unprecedented outside of world war II.... And unsurprisingly we've seen a massive increase in the PE ratio of equities, lowering of bond yields, and lowering of real estate cap yields. You might want to read Keynes work and if you do you realize that we should have been paying down debt 2015-2020 and 2022+. So yes we have seen inflation directly tied to excessive fiscal spending which has been exacerbated by the loosening of monetary policy the last four decades... Technology may make the manufacturing of electronics, consumer goods, and production of food cheaper... But real estate, education, investable assets, and pretty much anything that involves a significant amount of labor has seen high inflation since we started going crazy with deficits after the GFC.
@@objectivethinker3225 interesting how you managed to assume I am a Kensnyian economist dispite only mention the helped create the idea of fiscal stimulus.
I find your argument that things like hosuing inflation has been caused by fiscal stimulus due to inflation. Though countries like Austria and Spain can keep hosuing costs still low dispute fiscal stimulus. Surely you can’t describe housing inflation due to fiscal btw your also talking about monetary factors if we talking inflation. Another KEY information we are missing here.
@@Toodyslexicforyou I didn't assume you were a Keynesian economist which is why I told you to read his work LOL. Fiscal deficits are only sustainable with lower rates and the FED has purchased treasuries so monetary policy and fiscal policy are quite hard to disconnect anymore although they are distinct things.
That money will never reach the working class 😅😂
Not going to work! It will have to go through a painful readjustment. Now Chinese people have learned that housing doesn't go straight up, which they thought was the case as they never believed the economy goes up and down. They've always believed it would go straight up which has their experience for the last 30 years. There is also the Central Government of going back to central planned economy and cracking down on entrepreneurs....
China inflation is 0.3% so it will works
Please, study a bit before commenting... Look what China and Germany did in the last 10 years. One chose direct stimulus and another chose austerity and budget cuts and look where they are now.
@@TheBielrangel They are different countries with different problems.
And so it begins.
The downfall.
@@TheBielrangel Maybe take your own advice and hit the books yourself😂
There is a counterfeit currency issue in China, a big one
They do this every time except this go around investors clearly arent buying it, only bought out mainstream media 😂😂😂😂
😂😂😂😂 lol, western is going to cofin if china sick
I am investor, i am buying it.
Looks like you have zero idea about stock market.
@@AB-fi5jtSame to you, but about economy.
You are part of the US 1.6 billion media defamation to bad mouth Chinese.
I need to surrender my college degree. Current Western "Experts" analysis - China Economy grew 5.2%. China's economy is in real bad shape. US conomy grew 1.5% with a 4% inflation. US Economy is in great shape.. 😅😅😅😂😂😂
You can’t compare Q1 of the USA gdp growth to a full year worth of Chinese growth….. btw USA currently at 2.9% inflation rate.
Btw according to statista USA wage growth has been higher than inflation since Feb 2023… yikes you Americans really wanna be the victims sooo bad 😂
Who said the US is in great shape? It's not and there are plenty of videos discussing it. You just can't handle any analysis of China. 5.2% is the CCP statistic and in any case, for a developing nation, China's growth is not that good, not anymore. A lost decade is coming, and China will not join the fully developed nations club like other Asian nations: Taiwan, Singapore, Japan and South Korea.
US workers are up for strike. whereas, China will never do so.
Far too late for the desastrous present economic situation, from my point of vue....
How are western Economies going because they can't even register 1% growth
*China🇨🇳 have border/maritime disputes with Taiwan, Tajikistan, Pakistan, Bhutan, Japan, India, Vietnam, Philippines, Malaysia, Brunei.*
make border/maritime agreement & Peace!
unemployment rate is the elephane! not the interest rate.
During the 1990s, when China’s state-owned enterprises were reformed, the unemployment rate was 30%-40% and the economic growth rate was 10%.
Zombie corporations is where China hides billions in debt
it was close to 1tril back in 2008. 140bil is just snacks
I thought BRICS was working? Poverty....
The Chinese consumers will be cautious.
USA economy is slowing ….and a recession is in the horizon.
China wants the country to work hard to develop its industries…
And not to get rich speculating in properties.
Low property prices will also dampen the Chinese demand for expensive holidays and luxury purchases.
Don’t get too excited about the stimulus.
it's not enough. Shanghai Composite Index should come down 1400 before real recovery. Japan's post bubble nikkei 225 is a good example.
It will stabilize the economy but not enough to push it to euphoria.
Chinese consumers are notoriously frugal and prudent.
They have $3 Trillions of unused bank deposits.
Once they see that the property prices stop falling, they will loosen up the purse strings.
But I don’t see them splurging on luxury items like before.
more debt is not going to help a country drowning in debt, corruption and craptastic management.
And if a bank tells you to buy yuans or chinese stocks, then remember the name of that crooked organization and never use it's services again
Sounds like US🤣
@@lambertgiang yah, if 0 sounds like 1
@@schloops8473 In US no Doubt.
@@lambertgiang cute... little wumao hopping over his dictatorship's firewall to post his dog-like support for the regime
The interview missed the point, Currently China's problem is automation on mass and over production. China is simply producing too much too cheaply that only a small percentage of the population need to do real work to support the rest of the country. The problems is how to distribute the overproduced good to rest of the population and the world. given things out for free is not going to work at this stage, yet. But majority of the population don't have to works that also don't consume much.
Communism kicking in 3...2...1
So when did increasing consumption in the FREE MARKET mean communism? I am an economist please explain how we are ALL wrong? O self expert one 😂😂😂 woke people man
Stimulus only works if it stimulates people to use the money and invest it back into the market. Chinese will def hoard it mostly.
Lewis Dorothy Martinez Kevin Johnson Frank
They pretty much have not said anything useful or insightful.
Developers getting money before completion is the confidence issue
Germany should also cut interest rates, reduce taxes and give package to boost economic growth.
lol they are printing off money with the same serial numbers says everything you need to know.
So after 2 years to think about their response, this is what the Party came up with?
Will people buy products made in China?
Such a weird intervention; a literal flip flop of policies, or an attempt anyway. This is only going to further dissuade foreign investors…
140B stimulus is what US clocks and in a month!
What industry will they stimulate though?
Real estate already collapsed, EV and renewable tech is oversaturated/oversupplied, infrastructure has been the money sink industry for decades though not as big of a money sink than their chip industry.
China is involved in almost all high-tech industries.. and there are major technological breakthroughs every year...
the stock market
Betty has an impressive brain
Brrrrrrrr..... Never ends well 🤣🤣🤣
you can't push a rope
"You can't force a square peg into a round hole."
"You can't herd cats."
"You can't make someone change; they have to want to change."
"You can't squeeze blood from a stone."
"You can't teach a fish to climb a tree."
"You can't force the river to flow faster."
"You can't make the horse drink after leading it to water."
yes you can. I just did.
Money printer go brrrrrrrrrrrrrrrrr
how will they pay for this?
We are seeing a lot of Chinese bashing here.
Most of the people who comment here does not know China CBN is the wealthiest CBN by far in the world. China is patient and will stimulate her economy at the right time. Don’t worry yourself too much!
Just like we used to hear about how they'd fix the plummeting birthrates any moment now...
Back on 2018.
So doing business with putler did not help?
hahaha, now putler is arranging for war drones to be built openly in china, per reuters website
kick out Xi and get in someone not day-dreaming about Mao all the time ... may be then China will grow again with real structural changes...
Yep.
China hasn’t been Mao’s communist China since… well.. Mao. Deng and every other leader since him have just spouted ‘communism’ because of what Mao did for China.
China is a mixed economy, and literally executing State CAPITALISM. It’s basically big government, high social safety net, nationalised market forces but in the end.. capitalist.
hallo banana!
Interesting times are definitely ahead for the Middle Kingdom.
Just two days ago, IMF chief in his interview with Liu Xin, was saying IMF expect a 5 percent GDP growth for PRC in 2024.
Here we see DW predicted a lower growth.
DW knows something IMF doesn't?
5% would only happen if the books are cooked.
2.5 - 2.7 is more realistic.
Economic activity is way way down in China, consumer confidence is down. And it never made it to a cosumer market driven economy.
Exports are way way down too - and since Europe and US are cooling politically (SCS, HK, support for Russia in Ukraine war, ongoing IP issues, Wolf Warrior Diplomacy. . . and so on) the exports will continue to decline.
The CCP has some tough decisions to make. . . and so far has prioritized political power over economic growth. . . the age of Dung is over, the age of Xi is in full swing.
@@existentialvoidI would keep it less than 2%
Dude the IMF takes it's calculation from the governments of the countries. It's common knowledge that China has been overreporting it's GDP growth over the decades by a factor of 10% at least
@@existentialvoid
You are referring to USA, I believe.
@@wdp7128 go check - EU/US economic data is reliable and quite accurate.
steel price in Chinese market is booming yesterday and today.
China needs more inclusion and Diversity 🫰
I don’t think so 🧐🇺🇸
That always have been their greatest weakness.
EAST ASIANS AND ASIANS IN GENERAL ARE HOMOGENOUS
BUT WESTERN EUROPEANS ARE PROGRESSIVE THANKS TO GLOBALISTS JOWZ
Germany welcomes immigrants from all over the world
Why are wumaos whining that DW doesn't talk about Germany's / EU's economy? They do, lot. I can see at least 5 videos just on VW closing a factory.
Price of gold to the moon.
Only in videos about the Chinese economy will get this much hate comments despite DW covering economies of many other countries.
It’s almost like this is a concerted manufactured effort and it’s doing the opposite of its intention. This looks so fishy now I want to know why. The lady doth protest too much, methinks
in most countries, truth is legal... the ccp considers it a crime and it's sllort will therefore bark (poorly)
I don't like hate comments, either. But some of the "hate" comments, I think, represent 30 years of US citizens' frustration with their government's inaction, i.e., not having done more to rein in China's unfair dumping of goods, violating intellectual property rights and cyber-stealing.
oh but google is there to censor anybody poo-pooing their favorite criminals, the ccp
1) Borrowing to build is not the solution - China is not learning from Japan.
2) Graft/corruption is a massive drag - any injection of cash will just promote graft.
3) This must be designed to regain foreign investment - but any cursory analysis shows the issues are with regulation and politics. . . and this does not address either of those issues.
1) China has higher savings than Japan
2) corruption exists in G7 too
3) Chinese is switching quality economy growth from property investment to technology, green energy, BioTech and Innovation in the new development plan for the next 10 years.
US Coronavirus Aid, Relief, and Economic Security Act (CARES Act or Phase Three) stimulus was appropriated $2.3 trillion: UK government Covid-19 stimulus measures range from about £310 billion to £410 billion. This is the equivalent of about £4,600 to £6,100 per person in the UK. February 13, 2009: Congress approved the American Recovery and Reinvestment Act of 2009, a $787 billion economic stimulus package.
Bejing won't be able to fudge the numbers to 5 this year? LOL. That's no bueno for Dictocracies.
“Cull ALL the Birds!”-Mao Zedong
“Egg Fried Rice anyone?-Mao Anying
“Me like left nostril most!”-Mao Xinyu
“I’LL plan the economy!”-Mao Jinpork
“China is safest county in world!”-Xu Ganlu
“Corruption is rampant in China!”-Victor Gao
“This is an isolated incident.” - Various CCP officials 🤦
The main problem is lack of jobs.
massive debt, lack of jobs and artificially high property prices and a leadership that is focused on staying in power and little else. Basically, the ccp will steal that money and half of it will end up in the free world when officials flee jinping's gulag. The other half will be, mostly, spent on ccp pensions and propping up symbolic flagship companies that will end up falling anyway.
It is not really going to help. They have created so many systemic risks in their system they need free trade and open up to the world to try and solve their issues.
Ya im sure the ccp is listening to the west
😂😂😂
Silly rabbit China has had a free market since Deng Xiao Ping
So the world doesn't need open up to China?
@Tarquin2718 protecting their market is exactly what allowed them and every other advanced economy to industrialize.
I thought Chinese economy is in much better position than others such as Germany, UK and USA. It seems DW is more nervous on Chinese economic policy than Chinese government. Q2 GDP Germany 0.2%, UK 0.7%, US 2.8% and China 4.7%
Oh the chinese government is sweating right now. The whole economy is a house of corrupt cards
that's because the Chinese government's priorities have changed. Centralization of political power is placed in front of economic growth. Deng's policies are slowly being reversed, one by one.
@S0ulinth3machin3 😂😂😂
Non sense! Deng’s policy was adopted 20 years ago when US was not hostile towards China. China is now a number 2 economy and is being considered a thread to US. With the endless national security sanctions, they have to change their policy to adopt the new environment.
If they had a better economy ( China) they wouldn't need a stimulus 😂! USA we came out of the pandemic strong . China has the better economy 😂😂
China is and will be fine , as usual .
By fine, you mean a chemical wasteland dystopia. Sure
@@4lyfMotorhead😂😂😂
As usual? China hasn't been this bad in decades. Nothing is working and the economy is dying. Only government funding is keeping it alive or in the positive. Basically, NO economist is claiming all is well or fine. More like things are really bad. $18 trillion lost in a few years.
what BS.. do you want to explain why Chinese are entering Cambodia illegally via Thailand.. LOOKING FOR WORK.. in a country that sits as one of the 40iest most poor countries in the World... explain... but you won't
@@milesinnz China has been collapsing for over decades 🤣🤣🤣is that so called sustainable collapsing?
🤑🤑🤑
The property crisis which is at the heart of the economic problem, is in its fourth year now. I am pretty sure another four years down the road, I would say the same thing again.
The lady guest economist is trying her darnest best to make it appear these new 'stimulus' will help china recover but deep inside she know they wont. China is already deep in debt. Its local govt is even deeper, most cant pay the interest of their loans. People are unemployed, business closing, foreign investors leaving and shutting down. Need to overhaul the entire system in order to reboot the economy
Remittance is main source of money in that country. You only focus on exports and import. Government sent their citizens to all over the world to collect remittances.
(German economy in trouble)
DW: look over there!!
They have done a lot of video on the waning German economy recently. CCP troll?
@@DeanShaw-c7gyes he is. Don't wanna agree how bad their economy is.
IMF just revised Chinese Economy up to 5.0% from their original forecast. Germany economy? -0.9% or -1.9%. Never underestimate how robust and adaptable the Chinese economy Also do not look at Chinese economy from a western model. Next time DW invite an economist from China to talk about the Chinese economy. DW would not ask a Chinese economist living in China to talk about the Germany economy would you?
siga llorando
In 2014, about 30 percent of newborns were second or third children.
The crude birth rate was 13.83 per thousand (we can't exactly use births per woman, now, can we?)
Last year, a bit over 50 percent of newborns were second or third children and there were 6.39 births per thousand (official data)
So in less than a decade we've had the number of births go to less than half of what it was and the number of deciding they can become parents drop by two thirds.
In less than a decade.
And the decline continues.
Last year alone, in order to maintain the 2:1 worker to dependent ratio (down from 3:1 in 2011) the PRC needed an additional 30 million workers.
And the next decade is looking much worse.
This is coupled with a median income of about 4k USD. PPP multipler is about 2x. So the median Chinese person has a spending power of about 2/3 the US poverty line.
And yes. I know things are cheaper. That's why I used the PPP modifier. To take that into account.
If you invested 1k into the CSI 300 back in mid 2009, you'd have about 1k now.
If you did the same with the S&P500, you'd have about 6k.
If you made this investment five years ago, you'd have 870 today. Vs 1,930.
A year ago, it would have been 900. That's after today's sugar hit.
Vs about 1300.
And things continue to slide.
And slide.
And slide.
Also, they have invited a Chinese economist.
@@bobs_toys You meant one living in Singapore. I can give you a list from my personal experience of those that are actually instituting economic policies in China. I know the challenges China are facing but believe you me it is nothing compared to what Germany is going through now which I do not see an end to its deindustrialization because they do not have access to cheap energy from Russia coupled with their Automotive Industry refusal to adapt and change (move to EVs etc.)
The US is coming to the end of the fiat currency maybe 10 or 20 years but it is coming no turning back because there is no political will to bite the bullet and we all can see its 35 trillion debts paid off by printing 1 trillion USD per annual interest debt repayment. US debt to GDP ratio is now over 132% and is only going to spiral to the bottom as they are still spending like there is no tomorrow. Reminds me of the collapse of Rome over extending and over committed to too many unnecessary wars whilst their own people were facing hardship at home.
@@rioluna6058 For what doesn't facts matter anymore?
Is it enough? but at what cost? there are concerns- phrases used by the toxic western media.
Taiwan is an independent country
What's a better media than western ones then? India, Chinese and Russian media lies the most.
@@jeremytinewon't be for long mate😂😂😂
@@Xcelcior6780 has been for 70+ years with similar threats of aggression... Still self governed, and more prosperous and more free/humane than CCP
@@jeremytine the name is The Republic of China -bet ya did not know that did ya.
Hey...lets not look at The Uk or German economy.....
Look how bad china has it..2nd biggest ecconomy and the worlds largest us debt buyers 😂
Look at per capita buddy
China ia no longer the biggest buyer of US debt, look it up.
@@marilynlicht5376 l see lap dog Japan is first now. China 2nd.
China has been trying to get rid of those hot potatoes latly and is converting it to gold. Thanks for the update.
It's 2024, why can't people have half-decent webcams?
China's GDP in the first half of 2024 grew by 5 percent year-on-year. In Q2 2024, China's GDP grew at 4.7 percent.
UK's GDP estimated to have increased by 0.6% in Quarter 2 (Apr to June) 2024, following an increase of 0.7% in Quarter 1 (Jan to Mar) 2024. This is the difference between the two.
Communist China's figures are pure lies that should not be uncritically accepted by adults or by institutions like the IMF or World Bank. If China were truly growing its economy it would not have to resort to blatant coverups of massive unemployment.
if you believe Chinese figures.
One lies about their growth and the other doesn’t. Also China throwing all their eggs into just over producing on garbage EVs. In reality nobody really wants the trash. So what now? Birth rate is at 0 and no growth in anything. No new investment from the west and they’re trying to leave as well as any Chinese with money are trying to take their money out.
@@mr.metallic5310 nobody with sense should believe China fudging their numbers
UK economy is already developed and is at its peak. Their citizens lives far better and are financially well off.
China economy is developing and is yet to be at its peak. Chinese citizens don't live as well and aren't as financially well off as British citizens are.
Just a friendly reminder to always post "Taiwan is a free and independent Country" on anything & everything regarding chna 🇹🇼🇹🇼
poor poor kommies
Germany produces best people of our time.
Liar Adrian Zenz, lecturer Baebock, von der leyen. Congratulation, enjoy our free taxpayer money from the greatest country USA. MAGA!!
انا ابوس ايدك بس صعدو تعليقي خل يشوفو الناس نحن مسنا الضر وين الامه الاسلاميه بكيت متنا من القهر لمن اشكي انا اختك من يمن والله ماتكلمت الا من جوع ومن ضيق الحال انا وكامل اسرتي تشردنا من بيوتنا بَسَبَبَ الَحَرَبَ نَحَنَ فَيَ حَالَهَ لَايَعَلَمَ بَهَا الَا الَلَهَ حَسَبَنَا الَلَهَ وًّنَعَمَ الَوكيَلَ فَيَ مَنَ اوًّصَلَنَا الَى هَاذا الَحَالَ 💔💔وًّالَلَهَ الَعَظَيَمَ مَا كتَبَتَ هَذا الَمَنَاشَدَهَ... غَيَرَ مَنَ الَضَيَقَ وّالَفَقَر يَاعَالَمَ حَسَوّا فَيَنَا ارَجَوّكمَ وّالَلَهَ الَعَظَيَمَ رَبَ الَعَرَشَ الَعَظَيَمَ انَه الَاكلَ مَا فَيَ عَنَدَيَ بَالَبَيَتَ وًّالَلَهَ يَا اخَوّانَيَ انَهَ اخَوًّنَيَ بَقَعَدَوًّ بَالَيَوًّمَيَنَ مَافَى اكلَ وًّالَلَهَ وًّضَعَنَا كثَيَرَ صَعَبَ نَحَنَ 4 نَفَرَ دَاخَلَ الَبَيَتَ وًّابَيَ مَتَوًّفَيَ وًّلَا يَوًّجَدَ مَنَ يَعَوًّلَ عَلَيَنَا وًّسَاكنَيَنَ فَيَ بَيَتَ اجَارَ لَانَسَتَطَيَعَ دَفَعَ الَاجَارَ الَلَيَ بَاقَيَ عَلَيَنَا ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' '''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' اخي اول كلامي انا اقسم بالله على كتاب الله اني لااكذب عليك ولا انصب ولا احتال اني بنت يمنيه نازحين انا واسرتي بيننا ایت الشهرب 20 الف يمني والان علينا 60 الف حق 3 شهور وصاحب البيت من الناس الي ماترحم والله يا اخي انه يجي كل يوم يبهدلنا ويتكلم علينا ويريد من البيت للشارع لانناماقدرنا ندفعله الأجار شافونا الجيران نبكي ورجعو تكلمو الجيران ومهلنالاخره الأسبوع معادفعنا له حلف يمين بالله هذا بيخرجنا إلى الشارع رحمه واحنا. بلادنا بسبب هذا الحرب ولانجد قوت يومنا وعايشين اناوامي واخوتي سفار والدنا متوفي الله يرحمه ومامعنا أحد في هذا الدنيا جاانبنا في هذه الظروف القاسيه اخوتي الصغار خرجو للشارع وشافو الجيران ياكلو واوقفو عند بابهم لجل يعطوهم ولو كسره خبز والله الذي له ملك السموات والارض انهم غلفو الباب وطردوهم ورجعو یبکو ایموتو من الجوع ما احد رحمهم وعطلة ردها لقمت عیش والان لوما احدنا ساعدنا في إيكيلو دقيق اقسم بالله انموت من الجوع فيا اخي انا دخيله على الله ثم عليك واريد منك المساعده لوجه الله انشدك بالله تحب الخير واتساعدني ولو ب 500 تراسلي واتساب على هذا الرقم 00967735867642 وتطلب اسم بطاقتي وترسلي ولاتتاخر وايعوضك الله بكل خير اخواني سغار شوف كيف حالتهم وساعدنا وأنقذنا قبل أن يطردونا في الشارع تتبهدل أو نموت من الجوع وانا واسرتي نسالك بالله لولك مقدره على مساعد لاتتاخر علينا وجزاك الله خير الجزاء يا اهل........ن. ، ءء........نا............... الإنسانيه. ..................دددن ،،، ....،،،....ن....،،،،،،ءاءا،،ء،،،ءءء..ءء. ء ء ء......ن....،، ء،،،،،.......،..،ننن...،،،ن....،..،..............ن........ن...... ،........ن....ن..............ن............ن..دد.......ن....ر. نن،،................نتت...
لاتصدق هذة عصابة نصب تتم ملاحقتها من اجهزة الامن
East becoming the West
And the West turning into East,in terms of wealth & capitalism.
America, Canada, England, Europe are already getting bankrupt..
Wealthy West class, already reserving their seats in Dubai, very soon the flood gates will open for China too
West is slowly becoming more aristocrate, bureaucratic, with no future scope or vision & no policy of inclusion...
Sanction weapon turned out to be the last nail in the coffin ⚰️..
Why is it that the German media is not worried about Germany’s own economy, but is worried about China’s economy every day? It’s really incredible!
The people in the West has lost. Their common sense
Why are you so concerned what German media says about China's economy since President Xi Jinping says everything is good in the breakaway province. Xi commanded the government to stop people from speculating on property and stop them from buy outside of China, oh wait that was a bad idea, so he was smart enough to reverse his decision.
llore papito siga llorando
Is China's economic stimulus enough? It will be enough to meet its target of 5 per cent growth for the year. On the other hand, no amount of economic stimulus will be enough to save Germany's economy which is on a slippery slope to ruin.
@@darvidkoh2707 chinas economy is negative 5 percent.
@@bamkobe1?
@@bamkobe1 Another thing. Get lost if you have nothing factual to share.
He said a bunch of nothing@@johnspain
其实从新冠开始到现在，欧美注水最多，而且基本都是资本市场的游戏！