Many comments furious. But if you read the title and ask yourselves what is needed for investment? The answer is quite simple. Stability, rule of law, freedom of capital. Up to you folks.
Also, expectation of more profitability there than in alternative opportunities. China doesn't just need to present itself as a stable place that will not have government interference in your investment, but also as a better investment than other Asian emerging markets. If you're setting up a new factory line why go to China when you can go to India or Vietnam and have significantly cheaper labor, and less political vulnerability in the event of a war or trade war. If you want to invest in the largest Asian market (by population) that's no longer China--that's India and its forecasted to have much better growth too (at least in the short term) than China. If you want the Asian financial market hub that's no longer Hong Kong. International finance in Asia is increasingly moving to Singapore because of the government instability in Hong Kong and friendly lack of regulation (and low tax rate) set up by Singapore.
Question is, how long can China keep these foreign companies in the face of what Ms. Bedoes was pointing to? Even moderately successful Chinese firms who have made inroads into the US market like Hisense have now setup shop on the Mexican side of the US-Mexico border. Now, what can you expect from foreign firms when Chinese companies themselves are busy making a beeline to set up shop in other countries. @thetjt
@@alquinnpantilagan8293 Belt and Road Initiatives aims for Chinese Firms to expand oversea. Chinese are to circumvent to tackle problems and resolve issue. How China get 7.1% export growth year on year in combined Jan and Feb 2024 ? Hard facts to disappoint the West and many include you @alquinnpantilagan8293
@@Djamonja China literally lied about its GDP for decades, and The Economist took their word for it. Now, a lot of business investors (real economists) are using alternative methods to guess China's real GDP and it doesn't look good.
As an American business man who have been to china several times, i am always amused at the American hatred for china and our 40 years of china economic collapse ever 6 months. It is getting boring as my fellow Americans living in china are saying.The chinese people think it is funny. THE PROBLEM WITH THE WEST WE BELIEVE THAT THEIR IS ONLY ONE WAY TO RUN A NATION AND ECONOMY. AND THATS THE WESTERN WAY. The chinese economy is a people first economy. China is a socialist nation where the goal of the government is the economic well-being of the chinese people. COMMON PROSPERITY. just because china is doing something different does no mean they are failing. This is the fatal flaw in western thinking.
I think it’s game over for the west unless they can perfect AGI. the Chinese are currently at the forefront of technology in mining, EVs, quantum computing, graphene materials, wireless communication etc. recently Chinese scientists even are researching how to detect the US Navy’s nuclear subs based on the cavitation bubbles popping. They can pick up the signature through the electromagnetic spectrum.
You're as much an American businessman as I am the man in the moon. You have obviously no idea how a communist dictatorship works. I know first hand - I grew up in one. I can therefore assure you a communist dictatorship _never_ has the well-being of its subjects (because that is what people are seen as, in communist dictatorships) at heart.
25 years ago when I was in high school, I read an article in Economist, it said China was collapsing. Clearly that didn’t happen. 25 years on, still the same tone, let’s see if they can have some credibility this time. 😂
When did China have no problems? Have they ever handled their problems? In Western media every problem in China is a unsolvable one, which could lead to crisis, which would become disasters.
These liberal commentators are delusional. Truly embarrassing, given their poor track record. These are the same people who touted globalization for decades despite the warnings, and called anyone who disagreed with them "racists".
Exactly. China is the largest market in the world. If you stay out of investing in China, you will lose in the end. It’s interesting that now China is setting the standards for the world such as in, 5G 6G, EV, AI, quantum computing, even life sciences. We in the west risk falling behind by not cooperating with China. In medical devices, China could leapfrog the USA.
You probably don’t know there is now a 7 volume 27 book series on what the Chinese invented 👇 Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙信明 Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. MySingaporeBlogSpot
Even the Chinese Premier Li Keqiang himself didn’t believe their own GDP data. Instead he would look at data from the railway cargo volume, electricity consumption and loans disbursed by banks.
True , but FYI - LKQ was not all an impressive person to say the least ... As a provincial governor, he never created values for any place he stayed at (he was part of the problem not the solution). Using LKQ as a standard maybe too low a bar :) No Economist will use four simple factors to analyze a country the size of China.
@@titusp9488 LKQ was not impressive that’s true, but that’s just shows you how crap and corrupt the CCP really is, and LKQ was a more of a down to earth guy who didn’t create phony values by borrowing massively and propping up GDP figures with useless infrastructure and property projects like the rest of his corrupt CCP comrades did.
It does not matter how good or bad the Chinese economy will do because of the geopolitical conflict between China and the west China is uninvestable to westerners.
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
For the west it’s about China closing itself off to them especially the USA It not about trade deficits because we in the west tend to consume more than we produce So we trade with XYZ country we will have trade deficit with them Our western countries /multinational corporations want more or better access to Chinese domestic markets, even though in 2018 when trump started his trade war just US multinationals based in China alone and their subsidiaries, had 392 billion in sales for their goods and services in China In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities Which their Government in 2010 started to crackdown on this speculation Which our western 1%ters and their multinational corporations don’t like They wanted those overheated real estate markets. They want those Chinese buying their 4th and 5th homes right about now Even though there is a few hundred million less well off rural folks, who they are expecting to migrate to the cities where they can’t find affordable housing as Property Developers build higher end homes that make them more money That’s because our western 1%ters and their multinational corporations want to be the ones loaning out that money for those homes getting at those high Chinese saving's getting them to spend them on their goods and services and then borrowing to spend some more like they did to us (although we played our part) 👇 Project Syndicate The value of global China China faces important questions about whether and to what extent it should continue to pursue opening up its economy to the rest of the world, write Jonathan Woetzel and Jeongmin Seong in Project Syndicate. In any case, China and the world face important questions about the trajectory of their mutual engagement. At stake, according to our simulation, may be some $22-37 trillion in economic value - or 15-26% of world GDP - by 2040. McKinsey
China knows there will be no mercy from the US. The confrontation will only get worse. They're building their own geostrategical sphere. It's the biggest challenge for western dominance. So far the wests policy hasn't made it many friends globally.
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
This woman listened to all the talking points presented by Bloomberg over the past week and came on to feed them back to them. Not only are there press conferences after the NPC, we're being flooded with press conferences of ministers and technocrats. Who cares if the premier isn't the one who answers the questions?
Even Chinese are not investing in China. US and Japan ETFs have been extremely popular in China since 2023. While stupid money from middle east is going to China, smart money is exiting China, going into US and Japan.
Dumb money would be going to overvalued US stocks now. Or short-term gambling money. Japan, well it's ok priced but in recession... let's see how long the momentum lasts. China, very negative international sentiment, pushed by US institutions - the reason being that China will quite likely become world's biggest economy in coming years, already is that by PPP GDP. In any case China is the largest trading partner for 120/195 countries and techological leader in the world. Should be a great long term investment.
@@thetjtI’m in China right now and even Chinese people are reluctant to invest. Where exactly should a Chinese person invest their money now? Should they buy a house that’s going to lose value? Should they invest in the stock market which has shown literally no growth in the past decade?
I wonder how much she really knows about China? As a U.S. citizen grew up in China and travel often between U.S. and China, I found her words untrustworthy.
China changed since Xi took over like no one opposes him in government, and no one in China opposes the government like in 2020 Alibaba then ceo jack ma talked something about them in a negative way and then they stopped ant group ipo and who knows what will happen in the future so we should discount this into the prices of Chinese stocks that the government controls the capital of each and every company in China .
The Chinese numbers have been honest for the past 40 s0me years. American universities trained Chinese macro-economists for China. They are the best and they are working in Chinese government--according to Allen Greenspan.@@wesleysanders8570
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
We are amazed that some people are able to openly lie, without showing any signs of lying on their face. Guaranteed that has something to do with the genes/DNA.
Without Bloomberg I never know this editor-in-Chief. Few people read The Economist nowadays and soon it will become unreadable. China Bad headlines are difficult to catch reader's eyeballs. You need to say "China Good" to make a buzz.
No wonder the brand quality becomes very generic by listening to the boss.. She doesn't need every detail to slice the macro headwinds besides the debts. They actually gave more talking points this time esp the capital restructures and that's a very important indicator before the bazooka stimulus. She even compared it to Japan malaise.. first of all Japan island is incredibly limited for massive immigration nor high value natural resources. She sounds more frustrated than just having concerns as Economist
I am just curious. US Foreign Affiliate Assets bring back $400B profits each year from China. That is your 401K in action. How would you think China is not investable? How about India? Want to invest in India? They will clean your pockets with their retroactive taxes. Just ask GM, Coke and Ford.
The US is talking shit about China, welcome to indoctornated hate. If your interested in rabbit holes "Boy boy" on youtube , they did a visit to a special base in australia.
Ask yrself why many MNC moving out of China n go 2 India, Latin America n Asean countries? Maybe its no more developed China if u have watched this media. Unemployment, people sleeping roadside n banks don't honour the depositors with ghost cities n many more. Yr comment should b only Chinas problems n not 2 quote other countries.
@@eIectrostaticI would disagree with you. The US is a very predictable partner. Where the prediction of: being an enemy of the US is dangerous but being a friend fatal.😅
China could have used that option in the trade war but they didn’t What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies trade with their Belt and Road country partners These IS multinationals are also using illegal labour from South East Asia. Or more and more automation in their wholly owned factories in China These are the same companies who got those trump tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales in Chinese domestic markets in 2018 when trump started his trade war Same companies whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificing so they could get more or better access into those Chinese Domestic markets Why didn’t China pull the nuclear option and boot these companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China. didn’t pull out their big trade weapons 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie.But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
Well, that will happen in any nation when you get your ass involved in a war that doesn't belong to you. If China attacks Taiwan, then no need to do anything funny and your investment will be safe.
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?
Even though China is investing trillions into its belt and road parter countries? It still has a 800 billion a year trade surplus with the world Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts
👇 I look at it this way. China is trying to curb investment speculation. With Covid, trade war, Ukraine war, Countries going in recession and a worldwide slowdown and But we are only seeing these types of drops in 1st tier cities below👇 China is going to need way more stronger measures like a nation wide property tax. Even higher taxes in 1st tier cities Where the 1st tier cities go the other cities will follow, To me they need that “capitulation” in property prices The way they are going they are not even close to their common prosperity goal 👇 New home prices in Beijing and Shanghai rose 1.3% and 4.2%, respectively, in January on a year-over-year basis. That was offset by drops in Guangzhou and Shenzhen, two southern cities, where prices fell 3.6% and 4.1%, respectively. Secondhand home prices fell in all four major cities by between 3.7% and 6.1%. WSJ
China may be in the same situation as Evergrande is. - That's why Moody's rating agency moved China down to a "Negative" rating last year. It had concerns about China's ability to pay its world-highest debt, at $55 trillion.
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
that chart should have "" over real or communist governments reported GDP too. there are too many studies and reports on how inflated GDP figures are in the end.
This woman isn’t telling the entire picture. Xīngbākè ( Starbucks China ) has literally conquered the Chinese market. They’re everywhere on almost every street corner. Benz, VW, BMW, Porsche, maccas are highly visible as well. On a side note. Was in Shanghai for around a year. The city is extremely clean and safe, affordable food and public transportation, state of the art infrastructure and no trash. The locals are very similar to the Japanese.
I agree with most of what you said. However I did not find it very affordable from a local perspective. And you must have been to a different Japan or a different Shanghai 😅
@@henningk.4236 really? I often used er-li-ma ( the blue E app ). Used to get a healthy salad and beef slices for under 30RMB. Lots of local restaurants even cheaper. Yea man, the locals were very friendly to me. Gave me free stuff which is a plus. Stayed mostly in Jing’an.
You can't just focus on the economy without looking at the political environment... Today's Chinese political power structure is very strict and anti-West so good luck with that
@Mapletibitz yes, before China had term limits on its top leadership. now there is no term limit on Xi. before the Chinese courts published their decisions online and the public can monitor them. Now this is blocked. Before private organizations can directly provide donations and aide to the poor. now they must give their collections to the government for redistribution. these are just some of the political and legal changed that's making China's political environment worse for its people and foreign investors, not to mention the laws that are branding foreigners as spies or 'walking 500thousands'
@@peterliu5612 actually it's completely accurate and factual. The CPC are openly trying to undermine the world order since WW2 and revise it with their socialist ideology. This is in the CPC's own publications. Not only that, CPC ruled China is seeking to gain the most powerful military in the world by 2049 to reinforce their global domination. This is also the reason for many of their efforts to use bribes, subversion, blackmail, false promises of investment to gain influence with Global South countries to support their agenda.
@@smdanny1 I'm sure you're misleading. Spy Suspicions don't Point to Foreigners, generally refers to Chinese Taiwanese, Taiwan's network navy is legal, they even have an army specializing in the destruction of Internet public opinion in mainland China, called 1450. I suspect you're one of the 1450s.
The Economist has been a China Bear since the 1990s. Listen to this British publication and their English accent will get you nowhere in life and in business.
Its view may be biased, nevertheless Economist has firstly reported the trend of decreasing ICOR (Incremental Capital Output Ratio) of China back in the early 2010s. I presume it's prudent to read the numbers, before make your investment.
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops. Where 67% have less than a high school graduation. 81% trade at least once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
From what Beddoes’s talk, she really does have any clue on China even she claimed she goes to China often. The foreign investment from $300 billion in 2022 down to 33 billion in 2023 is completely wrong.
China 🇨🇳 has been a money-printing machine on overdrive. During the years 1990-2021, the US printed 6.5 times more money while China printed 147 times. - It has printed more money than the US and Japan combined, while its economy is only half of them. - Current Chinese debt-to-gdp is already *highest in the world, at 300%,* according to Bloomberg. - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
Yes, way more printing and way more debt while dealing with demographic issues, the cult of personality around xi and pissing off neighbors. The US has huge problems but… china is way worse
u economic illiterate! that is called base currency effect. Ch!na being paid for trillion of USD for purchasing ch!na (chine-an not chinese) goods, to balance the book ,CCB must print CNY to exchange USD r given by foreign companies so they can buy goods in china. Pure hate speech and misinformation is disgusting
China is uninvestible for most outsiders, it's a specialty play for insiders and a _speculative_ play for outsiders who can afford to lose their investment.
According to the china expert in the west; everything in china which ia growing at 5% has collasped, and everything in the west with negative growth is good. 😂😂😂
The rivalry between US and China is not limited to ideology. It spills over to all fields, including finance and economy. Zanny is a pawn in this battle and it doesn't need much explanation which side she is on.
The question that autocrats think about is that it is good to balance economic growth and political security, but if they can only choose one, they will definitely choose the latter, because losing the economy is a long-term problem, but losing political security will make them lose their heads.
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
1/3 of corporation earnings in china are from US, 1/3 are from locals, 1/3 are from rest of the worlds, told by an economic expert "China is Uninvestable for Outsiders" is clearly false
Time will change absolutely nothing. If and when China operates differently and conditions improve, China will become investable. This video will always have been true.
@@theonlycaulfield China's property market hasn't aged well for speculators. For people who are looking for a good house it's working well. Which is how it should be.
@@singed8853 China doesn't have any obligation for speculators. It has a duty for their citizen who are looking for a good living to provide affordable housing. Property market is something their try to get away from and target the growth of their new productive forces(tech sector).
@@lhgrandgtr4778 I don’t see the relevance of what chinas obligations are or aren’t to the topic of your original post. China is unreliable to foreign investors. Just a simple fact stated here. It doesn’t really matter why. In my view the country is now paying the price for its policies towards outside investment. The country is in a recession partly because they couldn’t entice enough investors to continue buying debt on flailing ventures such as evergrande. If you think this is good for China - great - but that’s not anything to do with the discussion in the video. The conclusion is correct and doesn’t become incorrect retroactively after circumstances potentially change.
china is insane , they are self sufficient without western tech their economy is also self sufficient now, reality is today world needs china more than china needs world . if china will stop manufacturing for some established western brand they will face supply shortage although many companies are looking for china + 1 policy but it is still far from reality to think they will replace china anytime soon , also many indigenous chinese Options are better and cheaper than what western companies are offering so china is in dominant position as of now , and thinking that china will plead for help due to ongoing economic challenges is utter negligence or giving self constellation to itself .
@@walkingstick6655 China GDP in Purchasing Power which is more accurate if you know anything about National Accounts. These western analysis will always be wrong before they are seeing the Chinese economy through their western ideological lenses
This clown doesn't realize the China is the largest NET IMPORTER in the world. They import food from the US, raw material like iron ore from Australia, and oil from Saudi Arabia. How the fu*k are you self sufficient when you have to import necessities like food, raw material, and oil? China relies on the US keeping those shipping lanes open and safe since China has no way of power projection and protecting it's own foreign interest. What the US gets in return is luxury goods phones, TVs, toys, furniture, electronics, etc.
Saudi Arabia had decided to invest in the East, particularly focusing China due to bold and innovative tech there. Furthermore Saudi stops investment in USA and Europe.
Saudi Arabia is not stupid. Unless China decides to commit a few Naval assets to the Red Sea they will hedge their bets….where IS that carrier when you need it?
Saudi had turned to the East for trade and investment for three years already, way before conflict in the Middle East. BTW leader of Saudi is looking for long-term and decade later and far ahead of the vison-less and brain-less leader of USA.
Well, no, the middle East has realized that only the United States can guarantee security in the region whereas China cooperates just as much with the Iranian regime vis-à-vis the Russian war machine. This means China is only interested in the hydrocarbons, once those go away, China would dbl down on Iranian crude and throw the Saudis under the bus.
This is true even for investors from Hong Kong.The competition and thin margin are just too difficult. But, If you could make it there, you would make it anywhere in the world.
Look after the corporations, like multimillion dollars salaries to CEOs, shareholders or look after the working people so they can afford food, medicine and housing. They are both mutually exclusive.
I'm afraid it is bad for the US to isolate itself from China....when the rest of the world is working with each other. The stimulus in 2008 was a mistake for China in retrospect
People who benefits first and most from reckless money printing will of course cheer for stimulus. Ordinary people will suffer the most when money printing will materialize in rising prices for everyday items as food, shelter etc.
Did most in the west also say Japan was uninvestable in the early 90s? Or the word uninvestable is only used on China? It s certainly ok for speculation but investing for the long run only really works well in US markets. So it sounds kind of silly to single out China when in fact most stock markets actually go side ways for decades too. FTSE 100 was at 6165 in 2000, and it s only at 7659 in 2024 ! How many economists have been arguing that British stock market is uninvestable?
The main difference between China and Japan is that Japan was not ruled by an authoritarian dictator who was obsessed with the consolidation of power at the expense of fertilization of capitalism.
@@randomwalker2134 You just admit that your preference for western political ideology somehow theoretically justified buying Japanese stocks in the 90s. You have more than 3 decades of hindsight and you still think the stock market in a supposed democracy should always outperform a country like China, when in fact they are both going sideways.
US has also gone sideways/not higher sometimes for decades... 2000-2014.... 1968-1991... 1929-1956... So maybe in fact US is more risky than some other markets...
What an absolute load of nonsense.A journalist giving investment advice ? No thanks. There are plenty of opportunities in the China market. In her own words " Im not a China expert".Why talk about China then? !
People interview her，she just spoke out her opinion and observations regarding the PRC, nothing wrong there。 if people want to invest money to mainland china, go right ahead, PRC welcome the money in for sure
It is worse than Japan , the depth and scale of the problem is way bigger and the destruction of wealth has been a tsunami since 70% of household wealth is in property.
@ndukasmith Property sales is -76% of pre Covid. The debt of top 100 prop dev is US10-12 T and insolvent . Listings of 2nd hand properties is at a record and prices are falling each month. Shadow banks are failing and can’t pay on their wealth products. Mortgage defaults are rising each month. Businesses going bankrupt are at a record. Many malls are empty. Confidence is at lowest. I could go on and on.
Robert, unfortunately most on here don’t want to hear the facts, but you are exactly right in broad terms. Additionally, on top of that, People do not trust investing in a potentially belligerent neo-fascist state with a dictator.
Chinese version of Industrial Revolution is over and now they’re plateauing. No shame in that… it’s a modern economy now. You want huge growth? Look to Vietnam or some place where production has shifted to.
What's the big deal? Local Chinese companies are getting more competitive and strongarming into businesses where western companies used to dominate in China.
she even said President Xi is "economically illiterate"...Doing foundational work in this critical period has a short-term price to pay of course, but the true strength will be reflected in the long term
@Djamonja it's not about the total population but the power of the middle class. China is the biggest luxury market. They by more bmw Mercedes and Vw than the US or any other country. China buys over half of the US agricultural export. China is the largest buyer of semiconductor. China is the largest buyer of crude oil. Gm is china largest market. China surpassed the US last year as Apple's single largest market. China's Middle class is over 450 million while india is no where in sight. Perspective
The difference between prediction and fact is in the numbers. And the annual numbers never show that there will be an economic apocalypse there. The main problem is the ecosystem: in China almost all supporting industries to produce anything are already available, there is no need to import a lot of this and that from other countries to produce goods in China. This is why, all doom scenarios over China will be wrong. In fact, in the context of technology-intensive industries, China is just starting to develop to a stage that will increasingly surprise old industrialist countries.
That is currently changing. We should not hasve trusted CCP. They are no friend. They want to destroy democracies to take over and remove human rights@umbrellastudio7481
China: wages rise (700 net per month for a simple worker for memory it's = 900 in Est Europe) + start of the strong concentration of chinese industry which exports = start of mass unemployment + economic nationalism which ruthlessly annihilates companies who are not "Han" = stagnation for 80% & excessive prosperity for 20% ( Han only )
And she's full of things like facts and knowledge. Sounds like you have some biases of your own, eh? Then, again, who doesn't. So, what's the actual point of your comment?
When all your own kind has no hope or future and in a mess, you like to condemn someone else who has. She looks pretty desperate trying to convince herself that. 😮
"I don't think he's very interested in economics", "he's got a very illiterate view on what the economy is". Surprised she's saying this about Xi Jinping 😳
Again, History is repeating... 😂 During the 70's 80's .. U$A to EU : We should not invest in China, the system(commuxxx) is bad and needs to be punished. EU : OK , agree But after that, it was U$A companies that flooded into China to make huge profits, the EU so dxmb.🤣
I don't think that the ever dominance of Xi in every aspect of China is fake. This started to really show around 2018-19 and has only accelerated. It is also true that Xi, a truly great political manipulator, is no economic genius nor does he care very much because every wealthy person is potentially a rival to him.
Hell, I'm old enough to remember the 70s energy crisis, when the Boogieman was Saudi Arabia, "about to take over the world." Then, it was another country, then another, somewhere in there we all thought Japan was going to take over the world, now it's China, which, legitimately is second, but a far distance behind the US in GDP and country market capitalization. Always the next Boogieman. Always Chicken Little's running around squawking, "the sky is falling, the sky is falling." Yeesh. Open your eyes and minds, read a bit, understand some measure of history, understand some other facts so you're actually well-informed before spouting just what you "feel." Back up what you say with a raft of undeniable/supportable facts. Overwhelm us with your arguments, if you want to change minds.
@@walkingstick6655 Seems rather credible taking into account the size of population, manufacturing, trade and technological advancement. Some have suggested that Chinese GDP is correct on average, but they smoothen out lows in the stats... sounds feasible.
China has always been relying on domestic investment. Foreign investment is a bit foreign for China which will lead to many problems and misunderstanding.
As if there's no anti China policy in other country.. it's uninvestable for those country too since we are now seeing many 'China' when it come to free trade/competition.
@@adhamhalim2928 I have to be honest with you, China's high speed growth is over and the industries such as the real estate soaring up in the past decades will no long embrace the prime time like they used to be. China is now going through some of the upgrades in its economic pattern so there are some disturbances or even turmoils in some areas. except that, life is pretty normal as usual. eat, sleep, work and travel pretty much like the old days.
I don’t agree with her. Just because we have to do business with China doesn’t mean we have to invest in China. is your greed that important that you are willing to sleep with the enemy? And like others have said above, who wants to invest in a country where an authoritarian government can randomly shut your company down or disappear the CEO? Or worse yet, nationalize the company you’re invested in if they feel like it?
Many comments furious. But if you read the title and ask yourselves what is needed for investment? The answer is quite simple. Stability, rule of law, freedom of capital. Up to you folks.
Also, expectation of more profitability there than in alternative opportunities. China doesn't just need to present itself as a stable place that will not have government interference in your investment, but also as a better investment than other Asian emerging markets.
If you're setting up a new factory line why go to China when you can go to India or Vietnam and have significantly cheaper labor, and less political vulnerability in the event of a war or trade war. If you want to invest in the largest Asian market (by population) that's no longer China--that's India and its forecasted to have much better growth too (at least in the short term) than China. If you want the Asian financial market hub that's no longer Hong Kong. International finance in Asia is increasingly moving to Singapore because of the government instability in Hong Kong and friendly lack of regulation (and low tax rate) set up by Singapore.
@@jofujino Nope. India has cheap labor but not much else.
Do you realize that there are OVER A MILLION foreign companies in China. Let that sink in.
First and Foremost Criteria for Investors are PROFITABILITY.
Merely Common Sense that you @yomajo ignore.
Question is, how long can China keep these foreign companies in the face of what Ms. Bedoes was pointing to? Even moderately successful Chinese firms who have made inroads into the US market like Hisense have now setup shop on the Mexican side of the US-Mexico border. Now, what can you expect from foreign firms when Chinese companies themselves are busy making a beeline to set up shop in other countries. @thetjt
@@alquinnpantilagan8293 Belt and Road Initiatives aims for Chinese Firms to expand oversea.
Chinese are to circumvent to tackle problems and resolve issue.
How China get 7.1% export growth year on year in combined Jan and Feb 2024 ? Hard facts to disappoint the West and many include you @alquinnpantilagan8293
Was the economist right about China in the past?
Nope
Can you be more specific? What do you think The Economist has got right or wrong about China in the past?
@@Djamonja China literally lied about its GDP for decades, and The Economist took their word for it. Now, a lot of business investors (real economists) are using alternative methods to guess China's real GDP and it doesn't look good.
@@kimwelch4652lied huh? How did you come to that conclusion? I bet you can’t give any examples
@@kimwelch4652 so has the US
As an American business man who have been to china several times, i am always amused at the American hatred for china and our 40 years of china economic collapse ever 6 months. It is getting boring as my fellow Americans living in china are saying.The chinese people think it is funny. THE PROBLEM WITH THE WEST WE BELIEVE THAT THEIR IS ONLY ONE WAY TO RUN A NATION AND ECONOMY. AND THATS THE WESTERN WAY. The chinese economy is a people first economy. China is a socialist nation where the goal of the government is the economic well-being of the chinese people. COMMON PROSPERITY. just because china is doing something different does no mean they are failing. This is the fatal flaw in western thinking.
As simple as that
I think it’s game over for the west unless they can perfect AGI. the Chinese are currently at the forefront of technology in mining, EVs, quantum computing, graphene materials, wireless communication etc. recently Chinese scientists even are researching how to detect the US Navy’s nuclear subs based on the cavitation bubbles popping. They can pick up the signature through the electromagnetic spectrum.
Very well explained. That's my experience too.
Okay bot
You're as much an American businessman as I am the man in the moon. You have obviously no idea how a communist dictatorship works. I know first hand - I grew up in one. I can therefore assure you a communist dictatorship _never_ has the well-being of its subjects (because that is what people are seen as, in communist dictatorships) at heart.
25 years ago when I was in high school, I read an article in Economist, it said China was collapsing. Clearly that didn’t happen. 25 years on, still the same tone, let’s see if they can have some credibility this time. 😂
Exactly my idea, England is closer to collapse than China
People in China are literally saying they don’t feel good about their own economy. Especially young people don’t be delusional
I stopped reading economist 20 years ago.
25 years old, almost the time China joined the WTO, which was 2000, perhaps there will be a WTO2 this time.
❤😂 exactly. They are PRAYING and hoping..
When did China have no problems? Have they ever handled their problems? In Western media every problem in China is a unsolvable one, which could lead to crisis, which would become disasters.
These liberal commentators are delusional. Truly embarrassing, given their poor track record. These are the same people who touted globalization for decades despite the warnings, and called anyone who disagreed with them "racists".
Exactly. China is the largest market in the world. If you stay out of investing in China, you will lose in the end. It’s interesting that now China is setting the standards for the world such as in, 5G 6G, EV, AI, quantum computing, even life sciences. We in the west risk falling behind by not cooperating with China. In medical devices, China could leapfrog the USA.
@@richiesd1quantum? Who did they steal it from?
That's really confidence boosting. You think when Chinese were eating humans, it was really similar to the China now?
You probably don’t know there is now a 7 volume 27 book series on what the Chinese invented
👇
Why was China erased from Western memory
The remarkable history of Chinese invention - Why was China erased from Western memory?
Article by 龙信明
Introduction
Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West.
Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery.
Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery.
Myth and Misrepresentation
It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West.
MySingaporeBlogSpot
Even the Chinese Premier Li Keqiang himself didn’t believe their own GDP data. Instead he would look at data from the railway cargo volume, electricity consumption and loans disbursed by banks.
True , but FYI - LKQ was not all an impressive person to say the least ... As a provincial governor, he never created values for any place he stayed at (he was part of the problem not the solution). Using LKQ as a standard maybe too low a bar :) No Economist will use four simple factors to analyze a country the size of China.
lair
???? u need get higher IQ
source?
@@titusp9488 LKQ was not impressive that’s true, but that’s just shows you how crap and corrupt the CCP really is, and LKQ was a more of a down to earth guy who didn’t create phony values by borrowing massively and propping up GDP figures with useless infrastructure and property projects like the rest of his corrupt CCP comrades did.
It does not matter how good or bad the Chinese economy will do because of the geopolitical conflict between China and the west China is uninvestable to westerners.
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it
Loads of FDI from the outside world would create overheating markets again
Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc
Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers
But with that said
yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month
That should tell anyone that their bear markets will get oversold and their bull markets overbought
Might be. China just wants to do business. We Westerners seem to want to pick fights.
@@DW-op7lySpot on, bravo. You know a lot better than the guest. She talks more like a propagandist than a economist anyway.
For the west it’s about China closing itself off to them especially the USA
It not about trade deficits because we in the west tend to consume more than we produce
So we trade with XYZ country we will have trade deficit with them
Our western countries /multinational corporations want more or better access to Chinese domestic markets, even though in 2018 when trump started his trade war just US multinationals based in China alone and their subsidiaries, had 392 billion in sales for their goods and services in China
In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
Which their Government in 2010 started to crackdown on this speculation
Which our western 1%ters and their multinational corporations don’t like
They wanted those overheated real estate markets. They want those Chinese buying their 4th and 5th homes right about now
Even though there is a few hundred million less well off rural folks, who they are expecting to migrate to the cities where they can’t find affordable housing as Property Developers build higher end homes that make them more money
That’s because our western 1%ters and their multinational corporations want to be the ones loaning out that money for those homes
getting at those high Chinese saving's getting them to spend them on their goods and services and then borrowing to spend some more like they did to us (although we played our part)
👇
Project Syndicate The value of global China
China faces important questions about whether and to what extent it should continue to pursue opening up its economy to the rest of the world, write Jonathan Woetzel and Jeongmin Seong in Project Syndicate.
In any case, China and the world face important questions about the trajectory of their mutual engagement.
At stake, according to our simulation, may be some $22-37 trillion in economic value - or 15-26% of world GDP - by 2040.
McKinsey
China knows there will be no mercy from the US. The confrontation will only get worse. They're building their own geostrategical sphere. It's the biggest challenge for western dominance. So far the wests policy hasn't made it many friends globally.
I am curious whom will she meet when she goes to China.
She is correct. Get out of China while you can.
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it
Loads of FDI from the outside world would create overheating markets again
Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc
Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers
But with that said
yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month
That should tell anyone that their bear markets will get oversold and their bull markets overbought
The famous 'buy high sell low' -strategy.
Agree
This woman listened to all the talking points presented by Bloomberg over the past week and came on to feed them back to them.
Not only are there press conferences after the NPC, we're being flooded with press conferences of ministers and technocrats. Who cares if the premier isn't the one who answers the questions?
Even Chinese are not investing in China. US and Japan ETFs have been extremely popular in China since 2023. While stupid money from middle east is going to China, smart money is exiting China, going into US and Japan.
Dumb money would be going to overvalued US stocks now. Or short-term gambling money.
Japan, well it's ok priced but in recession... let's see how long the momentum lasts.
China, very negative international sentiment, pushed by US institutions - the reason being that China will quite likely become world's biggest economy in coming years, already is that by PPP GDP. In any case China is the largest trading partner for 120/195 countries and techological leader in the world. Should be a great long term investment.
US 1%ters ain’t happy with China because they ain’t going to backstop the Junk bonds
Chinese property developers were floggging
@@thetjtI’m in China right now and even Chinese people are reluctant to invest. Where exactly should a Chinese person invest their money now? Should they buy a house that’s going to lose value? Should they invest in the stock market which has shown literally no growth in the past decade?
Are you in China?@@hillerm
When government can not be trust doesn’t help, specially if you are foreigner companies…
Intellectual theft Galore.
I wonder how much she really knows about China? As a U.S. citizen grew up in China and travel often between U.S. and China, I found her words untrustworthy.
China changed since Xi took over like no one opposes him in government, and no one in China opposes the government like in 2020 Alibaba then ceo jack ma talked something about them in a negative way and then they stopped ant group ipo and who knows what will happen in the future so we should discount this into the prices of Chinese stocks that the government controls the capital of each and every company in China .
sure wumao
why? tell the facts
I have the exact same feeling
5% growth rate is bad? which planet are you on?
5% china bad, 2.5% US so good
if you actually believe its 5%
The Chinese numbers have been honest for the past 40 s0me years. American universities trained Chinese macro-economists for China. They are the best and they are working in Chinese government--according to Allen Greenspan.@@wesleysanders8570
Can you give a few examples in what years that the y lied in the past?@@wesleysanders8570
Official "statistics" that are not based on reality are called propaganda
She’s not wrong, the way equity is set up means you can’t truly own stocks
Simply because of JGB bonds as her leverage. Sucks when the Yen has collapsed.. oops I can't say that
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it
Loads of FDI from the outside world would create overheating markets again
Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc
Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers
But with that said
yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month
That should tell anyone that their bear markets will get oversold and their bull markets overbought
I have MSCI China & EM Asia etf and they certainly buy the stocks directly, just like any other full replication etf.
We are amazed that some people are able to openly lie, without showing any signs of lying on their face. Guaranteed that has something to do with the genes/DNA.
hahahahahaha.....we need to learn from them .....
Germanic tribes.
@@jimbobjimjim6500 Yup, Anglo-Saxon genes. Great for barbarism of centuries ago, not good for era of civilization like today.
Try to use actual arguments instead of eugenics to justify your opinion.
@@timothymartin3893 you were saying it to the person in the mirror, right?
Without Bloomberg I never know this editor-in-Chief. Few people read The Economist nowadays and soon it will become unreadable. China Bad headlines are difficult to catch reader's eyeballs. You need to say "China Good" to make a buzz.
How do you know the readership of the Economist over the last few years?
How many editors-in-chief do you know by name?
Stoped reading the Economist after Reagan was POTUS. They were completely wrong about him and when he died the E sang his praises. Total dopes.
No wonder the brand quality becomes very generic by listening to the boss.. She doesn't need every detail to slice the macro headwinds besides the debts. They actually gave more talking points this time esp the capital restructures and that's a very important indicator before the bazooka stimulus. She even compared it to Japan malaise.. first of all Japan island is incredibly limited for massive immigration nor high value natural resources. She sounds more frustrated than just having concerns as Economist
"China Good"... maybe for a few Chinese. That's all.
One thing she didn’t do is to present any real data … 😂
I am just curious. US Foreign Affiliate Assets bring back $400B profits each year from China. That is your 401K in action. How would you think China is not investable? How about India? Want to invest in India? They will clean your pockets with their retroactive taxes. Just ask GM, Coke and Ford.
Non accountability of dictatorship had to catch up the gravy train
@@icu17siberia On the contrary, China is remarkably predictable, especially compared to the US and the EU...
The US is talking shit about China, welcome to indoctornated hate.
If your interested in rabbit holes "Boy boy" on youtube , they did a visit to a special base in australia.
Ask yrself why many MNC moving out of China n go 2 India, Latin America n Asean countries? Maybe its no more developed China if u have watched this media. Unemployment, people sleeping roadside n banks don't honour the depositors with ghost cities n many more. Yr comment should b only Chinas problems n not 2 quote other countries.
@@eIectrostaticI would disagree with you. The US is a very predictable partner. Where the prediction of: being an enemy of the US is dangerous but being a friend fatal.😅
If you have factory in China just take a look what happend to factories in Russia. In case of Taiwan invasion your factory gonna be nationalized
Corporates won’t realize until it happens
China could have used that option in the trade war but they didn’t
What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA
Where Chinese companies trade with their Belt and Road country partners
These IS multinationals are also using illegal labour from South East Asia. Or more and more automation in their wholly owned factories in China
These are the same companies who got those trump tax cuts you for sure cheered about
Same companies based in China who derived 392 billion in sales in Chinese domestic markets in 2018 when trump started his trade war
Same companies whose high flying stocks are in your 401k/Pensions
Same companies who the American farmer and consumer were sacrificing so they could get more or better access into those Chinese Domestic markets
Why didn’t China pull the nuclear option and boot these companies you might ask?
They don’t believe in a zero sum game type of thinking
As I can show you during the trade war. China. didn’t pull out their big trade weapons
👇
Trump’s ‘trade war’ with China won’t be so easy to win
Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie.But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation.
As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta)
SCMP
Well, that will happen in any nation when you get your ass involved in a war that doesn't belong to you.
If China attacks Taiwan, then no need to do anything funny and your investment will be safe.
Taiwan invasion? Dude, China is on the rise and west is falling, fast. Time is in China's side, why should it invade Taiwan? Suicide?
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?
Even though China is investing trillions into its belt and road parter countries?
It still has a 800 billion a year trade surplus with the world
Even though their Central Government is cracking down in real estate speculation
Slowing down the economy?
The Chinese people have added 2.6 trillion to their savings in 2022
And 1.8 trillion to their savings for first 10 months of 2023
👇
Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion)
The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report.
Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year.
Pymnts
They pull it out from your butt, Inshallah
Who gave you those no.??? 😂😂😂
这都是中国公布的数据，起码是正确面对问题，证明有解决问题的决心。美国有吗？敢公布真实数据？
👇
I look at it this way. China is trying to curb investment speculation.
With Covid, trade war, Ukraine war, Countries going in recession and a worldwide slowdown and
But we are only seeing these types of drops in 1st tier cities below👇
China is going to need way more stronger measures like a nation wide property tax. Even higher taxes in 1st tier cities
Where the 1st tier cities go the other cities will follow,
To me they need that “capitulation” in property prices
The way they are going they are not even close to their common prosperity goal
👇
New home prices in Beijing and Shanghai rose 1.3% and 4.2%, respectively, in January on a year-over-year basis. That was offset by drops in Guangzhou and Shenzhen, two southern cities, where prices fell 3.6% and 4.1%, respectively. Secondhand home prices fell in all four major cities by between 3.7% and 6.1%.
WSJ
kfc, mcd, tesla, apple, microsoft, pizzahut.. : "aw thats cute"
China may be in the same situation as Evergrande is.
- That's why Moody's rating agency moved China down to a "Negative" rating last year.
It had concerns about China's ability to pay its world-highest debt, at $55 trillion.
How pathetic and meaningless you become a China bashing hater. 😂
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it
Loads of FDI from the outside world would create overheating markets again
Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc
Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers
But with that said
yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month
That should tell anyone that their bear markets will get oversold and their bull markets overbought
agree. with an economy like that, china is not and will never be a threat at all.
@@DW-op7lySorry to interrupt your lies. Chinese real estate market is crashing. Its FDI is down over 90% compared to its peak.
@@liveinsea1Its economy is not but the regime is.
that chart should have "" over real or communist governments reported GDP too. there are too many studies and reports on how inflated GDP figures are in the end.
lol do you mean IMF and The World Bank are controled by China? Check their predictions about China.
This woman isn’t telling the entire picture. Xīngbākè ( Starbucks China ) has literally conquered the Chinese market. They’re everywhere on almost every street corner. Benz, VW, BMW, Porsche, maccas are highly visible as well.
On a side note. Was in Shanghai for around a year. The city is extremely clean and safe, affordable food and public transportation, state of the art infrastructure and no trash. The locals are very similar to the Japanese.
I agree with most of what you said. However I did not find it very affordable from a local perspective. And you must have been to a different Japan or a different Shanghai 😅
That’s the growth that already happened. Growth not level. Nobody is arguing the Chinese economy isn’t huge…
@@henningk.4236 really? I often used er-li-ma ( the blue E app ). Used to get a healthy salad and beef slices for under 30RMB. Lots of local restaurants even cheaper. Yea man, the locals were very friendly to me. Gave me free stuff which is a plus. Stayed mostly in Jing’an.
which year you were in Shanghai?
You can't just focus on the economy without looking at the political environment... Today's Chinese political power structure is very strict and anti-West so good luck with that
thats nonsense
@Mapletibitz yes, before China had term limits on its top leadership. now there is no term limit on Xi. before the Chinese courts published their decisions online and the public can monitor them. Now this is blocked. Before private organizations can directly provide donations and aide to the poor. now they must give their collections to the government for redistribution. these are just some of the political and legal changed that's making China's political environment worse for its people and foreign investors, not to mention the laws that are branding foreigners as spies or 'walking 500thousands'
@@peterliu5612 actually it's completely accurate and factual. The CPC are openly trying to undermine the world order since WW2 and revise it with their socialist ideology. This is in the CPC's own publications. Not only that, CPC ruled China is seeking to gain the most powerful military in the world by 2049 to reinforce their global domination. This is also the reason for many of their efforts to use bribes, subversion, blackmail, false promises of investment to gain influence with Global South countries to support their agenda.
@@smdanny1 I'm sure you're misleading. Spy Suspicions don't Point to Foreigners, generally refers to Chinese Taiwanese, Taiwan's network navy is legal, they even have an army specializing in the destruction of Internet public opinion in mainland China, called 1450. I suspect you're one of the 1450s.
This is how an interview needs to be.
What she's saying is China has stability. Thank you.
The Economist has been a China Bear since the 1990s. Listen to this British publication and their English accent will get you nowhere in life and in business.
Its view may be biased, nevertheless Economist has firstly reported the trend of decreasing ICOR (Incremental Capital Output Ratio) of China back in the early 2010s. I presume it's prudent to read the numbers, before make your investment.
No it has not, stop making stuff up
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it
Loads of FDI from the outside world would create overheating markets again
Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc
Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers
But with that said
yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops. Where 67% have less than a high school graduation. 81% trade at least once a month
That should tell anyone that their bear markets will get oversold and their bull markets overbought
@Mapletibitz Nope
@Mapletibitz Well you can google the ownership and decide for yourself, but I didn't see any Japanese ownership
Editor in Chief, such a big name but unfortunately still a frog in the well.
So out of touch.
From what Beddoes’s talk, she really does have any clue on China even she claimed she goes to China often. The foreign investment from $300 billion in 2022 down to 33 billion in 2023 is completely wrong.
how do you know it's wrong? Do you have the figure?
He is wrong, a simple google search will tell you those figures are right and its going down fast.@@dcar6530
Visit China and know more about, don’t guess
China 🇨🇳 has been a money-printing machine on overdrive.
During the years 1990-2021, the US printed 6.5 times more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while its economy is only half of them.
- Current Chinese debt-to-gdp is already *highest in the world, at 300%,* according to Bloomberg.
- With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
Yes, way more printing and way more debt while dealing with demographic issues, the cult of personality around xi and pissing off neighbors. The US has huge problems but… china is way worse
u economic illiterate! that is called base currency effect. Ch!na being paid for trillion of USD for purchasing ch!na (chine-an not chinese) goods, to balance the book ,CCB must print CNY to exchange USD r given by foreign companies so they can buy goods in china.
Pure hate speech and misinformation is disgusting
Chinese debt is internal debt
Ahmed
There is a reason we don’t mention 500 trillion in US internal debt
Muslims like you need to work on your IQ
Haven't we've always known that investing in China would turn out badly.. after all your dealing with a dictator what did you expect!
Simple not true
2023 was only the first year since 2005 when investment was below
100 billion annually
@goenzoy712 your right but the end game is not bright.
when i search "the great fall of China", seems i can find a lot of predictions of The Economist...
they predict that every year since the 90s
China is uninvestible for most outsiders, it's a specialty play for insiders and a _speculative_ play for outsiders who can afford to lose their investment.
According to the china expert in the west; everything in china which ia growing at 5% has collasped, and everything in the west with negative growth is good. 😂😂😂
❤😂exactly
CCP Credit score 📈📈📈📈📈
No need to argue, for those who believe China is doing very well, invest there, live there and do business there.
The rivalry between US and China is not limited to ideology. It spills over to all fields, including finance and economy. Zanny is a pawn in this battle and it doesn't need much explanation which side she is on.
The question that autocrats think about is that it is good to balance economic growth and political security, but if they can only choose one, they will definitely choose the latter, because losing the economy is a long-term problem, but losing political security will make them lose their heads.
The British always dream about the collapse of China (after HK issue), but seldom talk about their own economic problems.
❤Precisely
This video proves that there are more PRC bots than Russian Bots
For China what was most important was to reign in their overheated real estate market. Which after 14 years they finally did it
Loads of FDI from the outside world would create overheating markets again
Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc
Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers
But with that said
yes Chinese stock market has no market makers where 85% of the trades are done by retail mom and pops where 67% have less than a high school graduation. 81% trade once a month
That should tell anyone that their bear markets will get oversold and their bull markets overbought
Always been
1/3 of corporation earnings in china are from US, 1/3 are from locals, 1/3 are from rest of the worlds, told by an economic expert
"China is Uninvestable for Outsiders" is clearly false
You can call it already. This video is not going to age well.😅😅😅
Time will change absolutely nothing. If and when China operates differently and conditions improve, China will become investable. This video will always have been true.
China's property market hasn't aged well.
@@theonlycaulfield China's property market hasn't aged well for speculators. For people who are looking for a good house it's working well. Which is how it should be.
@@singed8853 China doesn't have any obligation for speculators. It has a duty for their citizen who are looking for a good living to provide affordable housing. Property market is something their try to get away from and target the growth of their new productive forces(tech sector).
@@lhgrandgtr4778 I don’t see the relevance of what chinas obligations are or aren’t to the topic of your original post. China is unreliable to foreign investors. Just a simple fact stated here. It doesn’t really matter why.
In my view the country is now paying the price for its policies towards outside investment. The country is in a recession partly because they couldn’t entice enough investors to continue buying debt on flailing ventures such as evergrande. If you think this is good for China - great - but that’s not anything to do with the discussion in the video. The conclusion is correct and doesn’t become incorrect retroactively after circumstances potentially change.
this is where all CIA dogs gather to spread propaganda and the channel also made by bunch of CIA dogs
china is insane , they are self sufficient without western tech their economy is also self sufficient now, reality is today world needs china more than china needs world . if china will stop manufacturing for some established western brand they will face supply shortage although many companies are looking for china + 1 policy but it is still far from reality to think they will replace china anytime soon , also many indigenous chinese Options are better and cheaper than what western companies are offering so china is in dominant position as of now , and thinking that china will plead for help due to ongoing economic challenges is utter negligence or giving self constellation to itself .
China is in a dominant position, now? On what planet? Just separate Wiki the GDP and market cap by countries of the world. Your eyes will be opened.
Everything you wrote is false
This comment shows how important education is. 😂
@@walkingstick6655 China GDP in Purchasing Power which is more accurate if you know anything about National Accounts. These western analysis will always be wrong before they are seeing the Chinese economy through their western ideological lenses
This clown doesn't realize the China is the largest NET IMPORTER in the world. They import food from the US, raw material like iron ore from Australia, and oil from Saudi Arabia. How the fu*k are you self sufficient when you have to import necessities like food, raw material, and oil? China relies on the US keeping those shipping lanes open and safe since China has no way of power projection and protecting it's own foreign interest. What the US gets in return is luxury goods phones, TVs, toys, furniture, electronics, etc.
An economist that talk about stimulus is not worth listening.
Saudi Arabia had decided to invest in the East, particularly focusing China due to bold and innovative tech there. Furthermore Saudi stops investment in USA and Europe.
Saudi Arabia is not stupid. Unless China decides to commit a few Naval assets to the Red Sea they will hedge their bets….where IS that carrier when you need it?
Saudi had turned to the East for trade and investment for three years already, way before conflict in the Middle East.
BTW leader of Saudi is looking for long-term and decade later and far ahead of the vison-less and brain-less leader of USA.
Well, no, the middle East has realized that only the United States can guarantee security in the region whereas China cooperates just as much with the Iranian regime vis-à-vis the Russian war machine. This means China is only interested in the hydrocarbons, once those go away, China would dbl down on Iranian crude and throw the Saudis under the bus.
Saudis Arabia is a house of cards.
Source CCP media and bots 😂
This is true even for investors from Hong Kong.The competition and thin margin are just too difficult. But, If you could make it there, you would make it anywhere in the world.
So, what's new?
Look after the corporations, like multimillion dollars salaries to CEOs, shareholders or look after the working people so they can afford food, medicine and housing. They are both mutually exclusive.
The solution is so simple-be insider then
I'm afraid it is bad for the US to isolate itself from China....when the rest of the world is working with each other. The stimulus in 2008 was a mistake for China in retrospect
Who is she? "Stimulus" is not what drives real economic growth long term. China wise for not going the "easy route".
True. But rest of it is true. Xi is not interested in economic growth anymore.
Well said! 😂her reasoning=pumping up moral hazard by providing reckless stimulus and subsidies are great 😂 USA is doing great😂
@@lluc9946 i would bet if the "journalist" asked abou US economy she would have said something like "very strong and Joe Biden is great" 😀
People who benefits first and most from reckless money printing will of course cheer for stimulus. Ordinary people will suffer the most when money printing will materialize in rising prices for everyday items as food, shelter etc.
Her words: “I’m not a China expert”
Who Is? At least she goes there frequently and can get a sense on the ground of what is happening.
Another hit piece on China. Very bullish 🎉
China is a paper dragon
China is focusing on conflict with the US? Are you projecting 😂🤣
100% Projecting idiotic us news outlet
I love this woman's name. It sounds so much like a Pearl Jam song.
Did most in the west also say Japan was uninvestable in the early 90s? Or the word uninvestable is only used on China? It s certainly ok for speculation but investing for the long run only really works well in US markets.
So it sounds kind of silly to single out China when in fact most stock markets actually go side ways for decades too.
FTSE 100 was at 6165 in 2000, and it s only at 7659 in 2024 ! How many economists have been arguing that British stock market is uninvestable?
China is not a free country like Japan. They are making friends with every dictator against our democracies
The main difference between China and Japan is that Japan was not ruled by an authoritarian dictator who was obsessed with the consolidation of power at the expense of fertilization of capitalism.
What?
@@randomwalker2134 You just admit that your preference for western political ideology somehow theoretically justified buying Japanese stocks in the 90s.
You have more than 3 decades of hindsight and you still think the stock market in a supposed democracy should always outperform a country like China, when in fact they are both going sideways.
US has also gone sideways/not higher sometimes for decades... 2000-2014.... 1968-1991... 1929-1956...
So maybe in fact US is more risky than some other markets...
What an absolute load of nonsense.A journalist giving investment advice ? No thanks. There are plenty of opportunities in the China market. In her own words " Im not a China expert".Why talk about China then? !
People interview her，she just spoke out her opinion and observations regarding the PRC, nothing wrong there。 if people want to invest money to mainland china, go right ahead, PRC welcome the money in for sure
If only she was that expert who warned the coming stagflation in the UK.
Ah....Bloomberg running their usual transparent propaganda BS. Please dont ever change Bloomberg.
China was collapsing when it's GDP was at 11 percent. It's unsustainable these expert said.😂😂😂😂
It is worse than Japan , the depth and scale of the problem is way bigger and the destruction of wealth has been a tsunami since 70% of household wealth is in property.
@ndukasmith Property sales is -76% of pre Covid. The debt of top 100 prop dev is US10-12 T and insolvent . Listings of 2nd hand properties is at a record and prices are falling each month. Shadow banks are failing and can’t pay on their wealth products. Mortgage defaults are rising each month. Businesses going bankrupt are at a record. Many malls are empty. Confidence is at lowest. I could go on and on.
@ndukasmith Deflation ( negative CPI ) for the last 3 months.
Robert, unfortunately most on here don’t want to hear the facts, but you are exactly right in broad terms. Additionally, on top of that, People do not trust investing in a potentially belligerent neo-fascist state with a dictator.
Chinese version of Industrial Revolution is over and now they’re plateauing. No shame in that… it’s a modern economy now. You want huge growth? Look to Vietnam or some place where production has shifted to.
China's 🇨🇳 Evergrande liquidation and Country Garden loan default
show investment into a Chinese entity is a very high-risk venture.
Europe's biggest limitation is the EU, but it is also the biggest opportunity if the EU becomes a decentralized power.
You can fool an ignorant audience, but capital doesn't lie.I can’t remember how many times she has predicted China’s economic collapse.
All i see is Europeans angry that China's economy is doing better than theirs 😭
This lady should really spend more time worrying about Europe.
What's the big deal? Local Chinese companies are getting more competitive and strongarming into businesses where western companies used to dominate in China.
Right!! and then i remember seeing Tim Cook paid a sudden visit to China yesterday.
she even said President Xi is "economically illiterate"...Doing foundational work in this critical period has a short-term price to pay of course, but the true strength will be reflected in the long term
Yes, but US is the only country outside the earth
If you don't want to invest in the world biggest market then you can choose to invest in US. Next year us gdp will jump incredibly 50 %
The world's biggest market is the US
@@Djamonja330 million vs 1.4 billion, I guess math wasn’t your favourite subject in school 😂🤣
@@Xrey-ek5sh I guess India is the biggest market in the world then?
@Djamonja it's not about the total population but the power of the middle class. China is the biggest luxury market. They by more bmw Mercedes and Vw than the US or any other country. China buys over half of the US agricultural export. China is the largest buyer of semiconductor. China is the largest buyer of crude oil. Gm is china largest market. China surpassed the US last year as Apple's single largest market. China's Middle class is over 450 million while india is no where in sight. Perspective
@@Andromeda365
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Foreign countries should go to friendlier countries.
Huawei, ZTE, Tiktok etc would have that the US is uninvestible for outsiders.
The difference between prediction and fact is in the numbers. And the annual numbers never show that there will be an economic apocalypse there.
The main problem is the ecosystem: in China almost all supporting industries to produce anything are already available, there is no need to import a lot of this and that from other countries to produce goods in China. This is why, all doom scenarios over China will be wrong.
In fact, in the context of technology-intensive industries, China is just starting to develop to a stage that will increasingly surprise old industrialist countries.
My money will not be invested in the CCP ponzi scheme
That is currently changing. We should not hasve trusted CCP. They are no friend. They want to destroy democracies to take over and remove human rights@umbrellastudio7481
China:
wages rise (700 net per month for a simple worker for memory it's = 900 in Est Europe)
+ start of the strong concentration of chinese industry which exports = start of mass unemployment
+ economic nationalism which ruthlessly annihilates companies who are not "Han"
= stagnation for 80% & excessive prosperity for 20% ( Han only )
She is full of bias. No wonder
And she's full of things like facts and knowledge. Sounds like you have some biases of your own, eh? Then, again, who doesn't. So, what's the actual point of your comment?
When all your own kind has no hope or future and in a mess, you like to condemn someone else who has. She looks pretty desperate trying to convince herself that. 😮
The economist could get the king's birthday wrong
OK, so China's leader has pivoted from economic growth to national security. Now, who made Xi Jin Ping's shift necessary?
basically her summary is everything's a mess.
Given China's propensity for hostage diplomacy, I applaud her confidence in visiting next month after speaking the truth.
Uninvestable for outsiders? Then become an insider! 😂
It's uninvestible for the locals, hence the housing bubble.
As an investor, you must as always stick to something you understand.
"I don't think he's very interested in economics", "he's got a very illiterate view on what the economy is". Surprised she's saying this about Xi Jinping 😳
Well, I am just going to go over to RUclips in China and offer my opinion on the Chinese Economy….oh wait… 😂
China is uninvestable for insiders (Chinese) too. China is uninvestable, period.
China is happy it's not England or Germany
Again, History is repeating...
😂 During the 70's 80's ..
U$A to EU : We should not invest in China, the system(commuxxx) is bad and needs to be punished.
EU : OK , agree
But after that, it was U$A companies that flooded into China to make huge profits, the EU so dxmb.🤣
I don't think that the ever dominance of Xi in every aspect of China is fake. This started to really show around 2018-19 and has only accelerated. It is also true that Xi, a truly great political manipulator, is no economic genius nor does he care very much because every wealthy person is potentially a rival to him.
Hell, I'm old enough to remember the 70s energy crisis, when the Boogieman was Saudi Arabia, "about to take over the world." Then, it was another country, then another, somewhere in there we all thought Japan was going to take over the world, now it's China, which, legitimately is second, but a far distance behind the US in GDP and country market capitalization. Always the next Boogieman. Always Chicken Little's running around squawking, "the sky is falling, the sky is falling." Yeesh. Open your eyes and minds, read a bit, understand some measure of history, understand some other facts so you're actually well-informed before spouting just what you "feel." Back up what you say with a raft of undeniable/supportable facts. Overwhelm us with your arguments, if you want to change minds.
@@walkingstick6655 Exactly. Except that China has largest PPP GDP.
@@thetjt And do you actually believe any stats being provided by the CCP?
@@walkingstick6655 Seems rather credible taking into account the size of population, manufacturing, trade and technological advancement. Some have suggested that Chinese GDP is correct on average, but they smoothen out lows in the stats... sounds feasible.
China has always been relying on domestic investment. Foreign investment is a bit foreign for China which will lead to many problems and misunderstanding.
When a show about economy suddenly become a political show. Good job westerner
CCP bots waiting to attack😂
只要反驳你的中国人都机器人，这是不自信的抹黑和自我麻痹😅
As if there's no anti China policy in other country.. it's uninvestable for those country too since we are now seeing many 'China' when it come to free trade/competition.
Agree xhina should be banned everywhere
me a Chinese listening to this makes me feel like living in hell now in China.
Hi, as someone who resides in China, how is the economy like in 2024 compared to the past years?
@@adhamhalim2928 I have to be honest with you, China's high speed growth is over and the industries such as the real estate soaring up in the past decades will no long embrace the prime time like they used to be. China is now going through some of the upgrades in its economic pattern so there are some disturbances or even turmoils in some areas. except that, life is pretty normal as usual. eat, sleep, work and travel pretty much like the old days.
I don’t agree with her. Just because we have to do business with China doesn’t mean we have to invest in China. is your greed that important that you are willing to sleep with the enemy? And like others have said above, who wants to invest in a country where an authoritarian government can randomly shut your company down or disappear the CEO? Or worse yet, nationalize the company you’re invested in if they feel like it?