China's middle-class sees decrease in confidence as economy faces slowdown
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- Опубликовано: 18 апр 2024
- NBC News' Janis Mackey Frayer speaks with a 39-year-old Beijing resident who is navigating being laid off from an internet company while the middle-class in China decreases.
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#China #Economy #WorldNews
Yeah yeah, we've heard these stories before.
Seriously, are there middle-classes' left in the US?
there must be since China is desperate for US market access
Why stop at 5.3%? Why not just claim 20% or 100% gdp growth? Lol
China been out growing everyone for last 20 years. Always on top
So it looks "real" to the less sophisticated. The .3 is by design. They just throwing in a number with zero data.
@@johnc1873 and the unemployment too? until they stopped publishing it that is.
@@9thdrag0n cope harder bro 😂. Y’all just made y’all broke boys can’t stay unemployment or long periods of time like Chinese kids can . So they can be more picky with their employment .
@@9thdrag0n cope harder bro. You just mad that you a self hater , idolizing YT men 😂
Same here in the u.s the middle class has shrunk
Buy from Temu to help them😂😂😂😂
China’s economic collapse is like the ending to A song Of Ice And Fire, you keep on hearing about it for 10 years, yet you know it’s nothing gonna happen
oh no! not libraries!
not just in china rate hikes make normal people suffer
But they have "overcapacity" inexpensive goods
yes,live easy but feel hard
its been collapsing since yesterday
How’s confidence to US Economy?
Where is my gordon cheng!
😂
How does a savings rate hit $20 trillion? That's comparable in size to the entire economy. Certainly this is not an annual rate. Do they mean total savings of consumers accumulated over multiple years?
Why worries to much about China !
just 4 more bell tones...
美国媒体习惯的报道方式,找一个被公司裁员的人来谈谈你对经济前景的看法,可问题是如果他有足够的远见他就不会被裁员了😂
Even if there will be a slight recession, etc. then it is not a sign of the collapse of the China economy, but a normal way of the market correcting prices in China. The way the market corrects the behavior of the rulers in China (e.g. for borrowing, constructing too much), etc. Similar things happen in other countries, including USA. Eventually, once prices have been corrected to a fair price according to the market mechanism, then market conditions will eventually return to normal.
Why? Because that's how the market works. Why? Because the citizens of China and any other country, will eventually keep spending (consumption), and consumption anywhere in the world represents about 50% of GDP.
There are NO miracles. Never.
It's the same in the US
China is worse than US.
always what a chinese person says.
目前看,中美这一轮竞争中,中国已经输了,所以美国其实不用太害怕中国。下面说下原因,由于中共高层一系列错误政策,中国经济和90年代的日本一样,已经陷入通缩,随着老龄化的加剧,这一状况可能会越来越恶化,时间也可能会持续10年以上。随着消费的持续萎靡,中国会出现越来越多的僵尸企业以及越来越多的失业,这也会导致新生儿出生越来越少,就像日本和韩国现在的场景。美国短期丧失了美元霸权,中国长期丧失了发展潜力。
3 years ago was covid
CIA bots are here. Let's go. 😂😂😂
Spending did decrease with the emphasis on Savings but the Job Creation isn't dependent on Chinese Median Income houselholds.
Some do blame for the slowdown on Spending and do demand for Stimulus which doesn't addup any value to the Chinese Internal Markets.
New sets of Investments are required for Job Creation.
Better emphasize on Tech Enabled Industries, Small and Medium, with the outreach towards the Rural Economy.
Chinese Central Government won’t do a large scale stimulus
Maybe give the economy a little gas but taping the breaks especially in Real Estate is the goal these days
That’s because stimulus in 2008 created overheated markets from real estate, under ground economy/shadow banks, commodities, stocks, bonds, back to real estate
Where China spent the last 14 years trying to cool these overheated markets in 2010
Plus with real estate crackdown
The Chinese Government is pushing its people (who are adding 2.6 trillion a year in wealth to their bank accounts) to invest in the worlds critical technologies of the future
Which China already leads in 37 of 44 of these technologies
This will no doubt create more bubbles for China in the future
The Chinese Bots are all over this lol
They’re called Wumao and yes they are 😂😂
Same for the illiterate Americans.
CIA bots all over this lol
us bots everywhere
@@rtjvz9338the US doesn't need bots. That is something only countries with a big firewall need.
Millions of people are falling in dream to become an Australian
USA 🇺🇸 western ridiculous propaganda 😂😂😂
China slowdown with 5.3% GDP growth, US best ever economy with 2.0%
...
Lied
Lol you just looking at one aspect US GDP growth is higher than China and unemployment in China is higher than US LOL stop being casual
@@wordmonster448 when you look at population size, unemployment being higher is reasonable
@@wordmonster448 US unemployment is doctored. Even than overall Chinese unemployment is only a percent off.
Well, this reporters visa is going to be taken away. I hope she gets out of china
事实却是马斯克到访中国后特斯拉股价大涨15%,果然是中国经济不行了🤣
They keep deleting my comments about china.....
“Freedom of speech”
Fre33d0m of sp33ch they say 😂
@@johnc1873Not in China
Chlna
Chinas recovering hang seng did double bottom invest there
5.3% growth for Q1, the number is from Chinese government, and you trust that number?! You know the community party say whatever number they want, right? As far as we know it could be 1% and they would still report 5.3%.
then go look at Goldman Sachs and Morgan Stanley numbers, same result
China is moving into automation country. More factories are using robots to produce goods. More efficiency and better quality. They use less workers, more unemployment, but better economy overall. That makes a lot of sense to me. Go watch Canton Fair 2024, it is packed with buyers.
so who will trust🤔the socialism 🤣🤣🤣🤣🤣
So it might be 7% .. They are lying us by showing lower percent gdp growth...
the IMF provided no update on other countries than the united states! and you trust them? no update on canada's GDP or china, etc.
China
Nice Propaganda 😂
I live in China and its quite real. You do realize that all of this news out of China is approved by the government, right? So it would not be allowed to be sent out if it was western propaganda.
😂😂😂😂 ….
Fake news again 😂 I start to believe Trump more 😅
Compare Americans middle class to Chinese middle class , I prefer Chinese
Yes, that explains why so many Americans are flooding to China illegally. 😂😂😂
@@9thdrag0nnah. They only flood Thailand for third world living
You're certainly welcome to your opinion. It's a free country. The US I mean.
@@9thdrag0n they will find out the cold truth once they over here
ignorance is bliss
Never, EVER, let a Disney cartoon character be in charge of a nation: Winnie Xitler, the pooh. Save that for a movie. Now it's just real life nightmare.
😂😂
And _WHO_ will you blame when *U.S. Recession* arrives?
This week Biden admission launched Section 301 on Chinese shipbuilding industry, which will lead to sanctions or tariffs. Last year China’s shipbuilders reached 50% of global output, whereas US did 0.1%. Most American shipyards or 75% are government naval contractors. Due to lack of scale, American warships are super expensive. This is a legitimate national security concern. Don’t pretend to be economic fair trade issue. (TikTok and Huawei are competition issue disguised as national security). Chinese are no Palestinian, oliver tree stays!
A lot of your middle class can't even afford a house
I should be a middle-class person, I really can't afford a house, my sixth house.
@@wintersl4544 good
中國是主耶穌的專屬財產,除了撒旦教徒之外!
Zhōngguó shì zhǔ yēsū de zhuānshǔ cáichǎn, chúle sādàn jiàotú zhī wài!
Welcome of you China Love you