Singapore scholar Kishor Mabubani once said, looking back two thousand years of human history, China always was the largest economy in the world, only in the last two hundred years , China was under performance. Now, China has risen again to return his historic normal status.
I just hope China central government continues to subsidize Chinese EV makers as they are all starting to go out of business or lose profits. Not a good time to be investors in China.
Unfortunately, over capacity levels out whatever 'wins' highlighted in your video. In other words, china is its own worst enemy ... Killing its own manufacturing industries.
it's all about materialism just as it developed in the US ( technology) , but did people become more happy and less sick ( also mentally ) ...? we will have to see in a few decades ... do they also have meditation classes ?
Every factory requires skilled workers. There are such workers in China. There are not many highly skilled workers in India anymore. A cheap employee is not everything. All infrastructure is needed. This means providing energy, transport and partners.
I watched a video on serbia or hungary cant remember which country but they had a steel mill that was over 200 years old and employed a entire town anyway the steel mill went out of business and xi jing ping herd about it and went to vist at the factory he told the prime minister that china could help restore the factory and bring it back to full capacity he poured money into it and sent them iron ore and brought prosperity back to the town and region and the people were that happy that some of the workers wrote him a letter to thank him for saving their town and their jobs two month's later they got a letter back from him saying it was their diligence and hard work that saved their town and to keep up the good work when i first seen it i had to watch it again because i couldnt believe what i was hearing a leader of probably the biggest population on the planet took time out of his day to write back to them and thank them for their hard work im not Chinese or Asian but it fills me with joy knowing that this is what china do for people also they modernized the mill my point is china dont hand out debt traps they give loans and help set up infrastructure with the help of their engineer's and being back prosperity to crumbling nations and it is both heartwarming and inspiring at the same time way to go china i hope one day i csn see youre great country with my own eye's also xi jing ping will go down in modern history as one of the worlds most influential leaders....❤❤❤❤❤❤❤
Well said and totally agreed 💯 and thank you for clarifying. The "debt trap" narrative is totally BS fabricated out of SHEER JEALOUSY. I am not Chinese either and I always have great respect for President Xi Jinping and President Vladimir Putin. 🫡❤ them both 🇨🇳🇷🇺 from 🇲🇾.
Well said and totally agreed 💯 and thank you for clarifying. The debt trap narrative is totally BS fabricated out of SHEER JEALOUSY. As a non Chinese I always have great respect for Mr Deng Xiaoping and President Xi Jinping also President Vladimir Putin. ❤🫡 them both 🇨🇳🇷🇺 from 🇲🇾.
Gov support is needed everywhere. USA gov. stopped Fusion technology research because it had so little military application. Now China is leading this fossil free energy development. They see the benefits for the nation. Not only military
Their quality could be better, fake; products bare American brand but are broken and ripped, not lasting as they should be. I would never buy anything made from China.
I received many comments about my previous video saying how China is going wrong also when it comes with Electric Vehicles. Are they right? check out the video and let me know your thoughts ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-3gk4YnFb-AQ.htmlsi=VTuKN0AriDZXzW2S
What the results or outcome between A and C. ? A - have 35 trillions dollars debts. A - have to service 1 trillions dollars interest. A - have been engaged in wars after wars. A - 850 military bases around the world. A - annual military budget 1 trillions dollars to manufacture and buy weapons of destruction. C - have economics development. Infrastructure and facilities. Also basic necessities are ensured, like food, healthcare, housing and others at affordable prices. C - spend 350 billions dollars in weapons as defense budget. C - have only 1 military base in Djibouti. C - have 1 conflict with Vietnam only C - have lifted 850 millions citizens out of poverty and extreme poverty. C - educate its citizens. Just a few only examples, so who will grow better for all its citizens.
350b can go very far when you're the factory of the world. With China's lead in almost every industry, it's only a matter of time before China surpasses the
Estimated GDP by Purchasing Power Parity (PPP) over last 2,020 years. zh.wikipedia.org/wiki/购买力平价 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-kFl4YdvDE_8.html
The development plans of solar energy, electric vehicles, batteries, raw materials and other industries are completely led by the Chinese government, which has planned decades of development strategies and related supporting measures. This is what a government should do. Only the Chinese government in the world has this ability, unlike other countries' governments that are controlled by capital and whose national development strategies are affected by a few monopoly industries. No matter how you look at China, this is the institutional advantage.
ARPA/DARPA (Federal Government) used to be the driving force behind the technological juggernaut of the US that sets the standard playbook that China happily adopted and adapted!
There are more than 3 reasons: 4 . Political stability 5. Excellent infra structure 6. Progressive developing consumer market. 7. Educated, innovative well- informed society 8. Advance technological know how. 9. Most importantly, readied 1.4+ billion domestic market. Any "idiot" ( nation) wouldn't missed such opportunities to trade with them 😊
Factory of the world status was created by investors of the west with numerous combined efforts by US and EU to develop China economy and infrastructure with their innovation technology and financial investment. Without these China could not have risen but credit is given to the Chinese people for their characteristic nature of being resilient industrious innovative united corrupt and intelligent.
China: seeing is believing. Take advantage of China's no visa program (for most countries) that will run till the end of 2025. There is also a 144-hour visa free transit program.
Previous western doctrine: I came, I saw & I conquered. Chinese doctrine: I came, I saw & I do businesses. Present western (especially the US) doctrine: I came, I dun like what I saw & I sanctioned or destroyed. Chinese current doctrine: I came, I saw what you are trying to do (to me) & I did the same to you.
Science and Civilisation in China (1954-present) is an ongoing series of books about the history of science and technology in China published by Cambridge University Press. It was initiated and edited by British historian Joseph Needham (1900-1995). China has several thousand years of tech experience while the West only has several hundred years since the Dark Age.
@@wynetsang gosh it must be upsetting to know upstart USA 🇺🇸 with only 1/5 population has greater GDP, still leads technology and R&D, has advanced medicinal science more than any other country, its companies make up 85% of global capital markets, US dollar dwarfs Chinas. Hmmmm what is china doing wrong with 1/2 a billion people living in poverty? Perhaps it’s backwards dictator Xi and his Marxist ideology ? Uhhh no just ignore it and let it rot! 😂
We have those signs in America. The numbers are usually much lower. I have seen XX days since last injury, XXX days since last fatality! I once had an interview for a job where I would be replacing someone who was killed at work, with high-power electricity.
