China’s economy in trouble | GZERO World with Ian Bremmer

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A Shanghai-based expert on China discusses why he's pessimistic about China's economic outlook.
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China’s economy has averaged about 10% annual growth year over year for the past four decades. It’s undoubtedly the biggest economic success story of our lifetime, but how long can that last?
Shaun Rein, founder and managing director of the Shanghai-based China Market Research Group, sits down with Ian Bremmer on GZERO World to talk China's post-COVID recovery, Xi's crackdown on the private sector, and why the last year has turned him from a bull to a bear on China's economic outlook.
Annual GDP growth has been on a relative decline since 2010, barring a big jump coming out of the pandemic. Decades of infrastructure investment have left local governments drowning in debt. Almost three years of zero-COVID politics ground China’s economy to a halt. Youth unemployment is surging to record highs and is expected to keep climbing.
At the same time, President Xi Jinping is moving China away from the pro-investment policies of his predecessors in favor of ideological and national security priorities. But public support for China’s Communist Party is starting to show cracks, especially among citizens in wealthy cities who experienced the brunt of China’s brutal zero-COVID policies.
Can communist ideology mixed with capitalist ambition sustain growth into the future? Is Xi setting up China for another four decades of economic success? And what do China’s citizens make of its return to socialist roots?
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GZERO Media is a multimedia publisher providing news, insights and commentary on the events shaping our world. Our properties include GZERO World with Ian Bremmer, our newsletter GZERO Daily, Puppet Regime, the GZERO World Podcast, In 60 Seconds and GZEROMedia.com
#GZEROWorld #China #XiJinping

Опубликовано:

13 авг 2023

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Комментарии : 373

@adriansaw8329 11 месяцев назад

When a person like that says PRC is in trouble...i guess it's on fire.

@Shineon83 11 месяцев назад

This dude’s WAY too careful with his words….25 years in China has done its job

@careyfreeman5056 11 месяцев назад

Never, ever critical of Xi and the CCP. The elephant in the room.

@louiswu6300 11 месяцев назад

'China is raping US. Chinese virus.' said by Trump, is spreading hatred, will finally leads to war. it made 3.5b people hate China,buy aslo made 1.4b people hate US. just by these two sentences. great freedom of speech. hope your civilization can last for next century.

@rickyestes 11 месяцев назад

That’s my take too. To apologetic of X i.

@user-vn5wn7cj8v 11 месяцев назад

Evil Chinese government throwing honest people like Julian Assange inside jail. Saint America has not fired any gun outside America in last 40 years.

@user-vn5wn7cj8v 11 месяцев назад

Yeah. He does not want to upset fascist American regime. Otherwise he will be treated like Julian Assange.

@antixocialman 11 месяцев назад

The man seems to single out the USA as the only factor in the issue between USA and the PRC. he says it's literally the USA fault which makes his point less credible in my opinion. Even when Ian asked about a certain issue which he stated can be seen as a form of tit-for-tat, the man even turn around and says it's not the same. I have heard the ccp speak the same way. so Ian your friend seems to b very much affiliated with the ccp.

@taran5209 11 месяцев назад

Exactly! Not only that. He failed to mention all the intellectual property the Chinese stole from American and European countries over the years that also left a sore spot within America and Europe.

@awonoto 11 месяцев назад

ikr? Like ooh, Facebook and Google *could* operate in China... as long as they follow Chinese terms like putting data there and allowing the government to access the data. As if those companies were unreasonable for not following those requirements.

@IamHandsome4u 11 месяцев назад

He literally said zero-covid policy, u ignored that on purpose to serve ur agenda?

@antixocialman 11 месяцев назад

@@IamHandsome4u you talking nonsense. i did not write for an agenda but the facts in what he said.

@jennyfromtheblock.7153 11 месяцев назад

This is ridiculous… China said to the U.S.,”you are an evil hegemony and l want to destabilize, remove you and take over the world and you better continue to fund us while we do it”. That was the craziest thing and they always got away with it. The US would be a sucker (and many think they are) for continuing to be bothered with that.

@tomcarroll4785 11 месяцев назад

Shaun’s wife is from an elite CCP family and Shaun has a history of closely adhering to CCP talking points. I’m surprised that Ian would treat him as an unbiased expert on China. The criticism that Shaun is voicing of recent CCP policy is consistent with much of the internal CCP criticism of Xi Jinping policies. He is not expressing independent, thoughtful opinions which he has developed on his own.

@codeagent47 11 месяцев назад

You want him to become another Far better than the U.S. imperialist warmonger mouthpiece? 😂

@johnc1873 11 месяцев назад

Cope harder. China owns you

@frankm6218 11 месяцев назад

So you don’t like his opinion then his opinion is biased. Is it what you are telling us?

@IamHandsome4u 11 месяцев назад

He literally said zero covid policy was not good, u ignored that bcs it doesnt suit ur agenda.😂😂

@jennyfromtheblock.7153 11 месяцев назад

@tomcarroll4785 I’m glad you brought that up… I could here the bias in what he was saying. Not because I don’t agree but because when you don’t say pros and cons of both parties or try to see the perspective of both sides, the conversation has less weight. It sounds like CCP statements about the US, which many don’t take seriously. Why because they would have you believe they are always right, never room for any change or criticism… that’s just unrealistic. The Kremlin isn’t THAT bad with this.

@pushslice 11 месяцев назад

This so-called “charm offensive” has certainly been an absolute hit with us Filipinos lately , Mr. Rein… If that’s an example of the CCP’s ‘charm’, who needs enemies???

@codeagent47 11 месяцев назад

You may want to speak your U.S. ally since the Philippines is just another chest piece to provoke China.

@Shineon83 11 месяцев назад

😂 Right???

@Lagoost 11 месяцев назад

Heard China's economy will collapse 3 decades ago and I am now 55😅

@qake2021 11 месяцев назад

👍👍👍😃😃😃😃😃👏👏👏✌️

@hermesliteratus882 11 месяцев назад

According to western mainstream media, China's economy has been collapsing ever since the day when China was established as a country.

@valetudo1569 11 месяцев назад

Great perspective. I was in the Shanghai lockdown and everything this dude says is spot on, only tiny critique I'd say about is when he said the rich in SH suffered the most - I'd say the poor suffered the most because the rich areas got taken care of much more the poor areas. They went for so long without food and were treated the worst. The only difference is the rich have means to leave... and he's right - all of my affluent Chinese friends were psychologically scarred from that event (even the super pro-gov. ones) and have left or are planning to leave soon. The poor simply don't have the means to leave if they did I think many would also.

@kshen7485 11 месяцев назад

You knew nothing about nowadays Chinese socialism system, which means the government takes care of ordinary citizens, unlike your capitalism. I was in Shanghai around whole April, all of Shanghai people lived happily and prosperously under their beloved “dictatorship”, although most small business owners have hard time due to three years lockdowns.

@kshen7485 11 месяцев назад

Actually there is no ideological contest between China and USA, rather a competition of different models to govern the country. Chinese nowadays successful story told the world that there can be different ways or models to develop the country, instead of only “western liberty and democracy”. In addition, because of Chinese effective and efficient policies and leadership China gradually, quietly and peacefully shares more and more world economy pie, which was mostly possessed by the west before. It is also why USA always promotes the distorted news and sanctions against China

@valetudo1569 11 месяцев назад

@@kshen7485 Did you even read my comment or are you simply a CCP bot/Wumao assigned to stock Gzero? You are lying as I stated I was in Shanghai at that time. Many upon many were not taken care of and were terrified - I knew them 。 People committed suicide, I knew people who had their pets killed. My friend's giant compound with numerous buildings barely got any food for two weeks. You're lying man

@dphuntsman 11 месяцев назад

@@kshen7485That’s not true: & CCP aggression against the democracies, the Philippines, Taiwan, Japan, shows it isn’t true.

@kshen7485 11 месяцев назад

@@dphuntsman No wonder, under western propaganda Chinese 9 dash line claim is illegal. But just right after WWII it was American 7th fleet, who gave all rides and transportations for Chinese army’s returning to all those Japanese occupied islands within the 9 dash line in South China Sea. Sad is many of those islands were occupied by Vietnam, Philippines and Malaysia during 1960s Chinese culture revolution when China had its civil chaos or political paralysis.

@loic-6862 11 месяцев назад

Jack Ma was never a peasant. He was a teacher in Hangzhou, a wealthy city in Zhejiang near Shanghai. The guest’s explanations are info light perception heavy, when he does not make up stories. Let’s go back to Jack Ma for example, young people do not look up to him. They mostly trash him for the 996 system he imposes on the group’s employees (work 6 days a week from 9am to 9pm) which by the way breaks the chinese labor regulations. Please go and check, this is widely available information, you do not need close friends that are also close friends with jack ma to whisper it to you.

@olderchin1558 11 месяцев назад

Jack started to have a huge ego. He got cut down when he started arguing for capitalism opportunities at the expense of the state and society. In short he stopped being a patriot but started to act bigger than the country. Shaun politely alluded to it.

@kierkegardashian 11 месяцев назад

I used to work in a Chinese company (in China), and this guy brought me flashbacks about the Chinese way of doing business. A LOT of nice talk and food during meetings, and absolutely no results while justifying the most odd financial gymnastics to make money 😂. "Jack ma had to lay low"... Indeed, he had to. He's too pretty for the work camps 😅😅😅

@silentwatcher1455 11 месяцев назад

In American companies, they showed fantastic profits but the realitiy of bankruptcy or heavy losses will show later. Just like US economy pretending to be strong but bankrupt.

@Dreadnought16 11 месяцев назад

I agree with you. I have never worked with any Chinese, but worked in the construction industry for 15 years. I can tell when people are using language to alter the truth.

@peacelover2008 11 месяцев назад

ye, I totally agreed with you, Chinese is always talking, never acting, that why she is still so poor and people are hungry, please let the US government know the truth, take it easy to China, don't worry about China' military, they're all toys, huawei is nothing, BYD just.make electric bikes.The US don't need to sanction China, just let her developing, she still can't pass The US in another 1000 years. Bravo, self pronounce win.

@winstonyu1776 10 месяцев назад

@@Dreadnought16 Wow, I agree. That is exactly why China just can talk and have the worst infrastructure in the world and US built the longest high speed railway have train which can run 200 miles per hour. Talking about the construction and infrastructure building.

@josephketterer3246 11 месяцев назад

This guy he's interviewing is being very careful about what he is saying about Xi and the CCP.

@KGold53 11 месяцев назад

He still lives in Shanghai.

@tomcarroll4785 11 месяцев назад

His wife is from an elite CCP family. He is not an independent, objective expert on China. His consulting business promotes western engagement with China.

@dphuntsman 11 месяцев назад

Yeah, I noticed that.

@pushslice 11 месяцев назад

LMAO. he’s definitely been molded into compliance . He needs to comply & kowtow ro the regime if he wishes to continue living (safely) in China. I’m just wondering if Ian fully knows this, but it’s just OK with completing the interview ? I know he’s a sharp guy. I guess he would just rather churn out this interview vid, than bag it altogether… All in all, still worth a watch.

@HKim0072 11 месяцев назад

lol, there is a young Russian dude on RU-vid who does street interviews. Watching Russian citizens do the high wire act with the question on the war is quite interesting. Basically the same thing.

@anachronistofer 11 месяцев назад

Whether China's form of government could be called Communist is debatable at best, and the economic system is obviously a form of Capitalism. Authoritarian-Capitalist. China is more Fascist than Communist.

@user-ul3hk6hf2e 11 месяцев назад

No, fuk ker, the US is more fascist than anything else!

@KGold53 11 месяцев назад

You can’t label China as either. It’s very unique and complicated, partly due to its own history and culture, which is based on Confucianism. I’d call PRC a paternalistic government. Stern, authoritarian, like a strict parent (as Ray Dalio described it, actually). The society has accepted and trust PRC leadership due to the massive growth and hundreds of millions escaping poverty. It’s also a collectivist mindset, culturally, rather than individualistic. As I said, it’s complicated, vast, and hard to categorize or label.

@dphuntsman 11 месяцев назад

@@KGold53You’re ignoring tho that their is a controlling cabal at the top- the CCP- which puts itself & its OWN survival as higher & more important than all of the people of China. China belongs to the Chinese people- NOT the CCP cabal.

@pipiqiqi4010 11 месяцев назад

can you explain what the real mean of fascist? always see quite lot of people talk about fascist, but no one can explain what is the fascist.

@taoliu7312 11 месяцев назад

There is a country that wages war year after year. There is a small island in this country that has been burned to the ground, and the army of the neighboring island does not even provide a small boat. What is fascism?

@crazypaulinquebec 11 месяцев назад

Another super-charged interview on China! Ian and Cie...please keep up the great work that keeps us informed. I see you ''stole'' one of our best Canadian ''reporters'', Evan Solomon. Good job once again!

@johnhoag7819 11 месяцев назад

Great interview 😂 NO hard questions allowed...!

@johnli6430 11 месяцев назад

This is your cue Gordon Chang ! Come in! lol

@christopherelliot4964 11 месяцев назад

What about Belt/Road repayment failure of, at least, 60% of it's clients and it's debt consequences on the state's economy?

@ronberi7773 11 месяцев назад

he sounded pro CCP lol 😂

@j.erickson8571 11 месяцев назад

Yep. He has 500 social points for that brilliant dissertation. Great comrade, by the way.

@dphuntsman 11 месяцев назад

@@j.erickson8571do foreigners have a social score?

@noahholland1795 11 месяцев назад

This guy really drank the Kool-Aid; he just breezes past the fact that Jack Ma HAD to lay low. Or lose his head.

@dphuntsman 11 месяцев назад

Yeah, noticed that; I’m wondering if he realizes that he’s slipped into partial role of being CCP apologist.

@kshen7485 11 месяцев назад

@@dphuntsman Without CCP’s 40 years successful improvement, policies and its political correctness there would be no such nowadays huge Chinese shopping power to support Jack Ma. China rising is made by CCP, instead of Jack Ma!

@kshen7485 11 месяцев назад

@@dphuntsman Westerners, like you, are sharing so much benefits everyday from they hated Chinese “dictatorship” while their country is declining and their salaries are in fast shrinking. Ironic

@alanssshh 11 месяцев назад

a man who not say all bad of China is bad. no matter what he said. how powerful of American MSM

@Andromeda365 11 месяцев назад

What was the flavor of the kool-aid you drank, and did you get the sediments of sugar at the bottom?

@mgriff0309 11 месяцев назад

Peter Zeihan has also called this for awhile …there’s a good convo on Sam Harris w/ Ian and Peter. Ian seems to be coming around now… ;)

@simony276 11 месяцев назад

Yes, united state’s dollar system also in trouble.

@yellowantonio-nado7761 11 месяцев назад

Even though I'm disappointed by his bear-ish predictions. This is probably one of the most If not the,most level headed discussions on China I've seen an American made in the last couple years

@willialuke 11 месяцев назад

Not quite, he has left out a few pieces of the story that is negative to CCP.

@Mimi-up5ro 11 месяцев назад

This is where thinking of what-it-could-have-been becomes super interesting to think about.☯😍😍😍

@psmith7742 11 месяцев назад

Ian has completly changed his position. He was previously completly dismissive of Zeihan's assertion that China growth model is broken. Not suprising i guess, given he is sponsored by wall st.

@archangel7052 11 месяцев назад

Zeihan is a crazy.

@jg6563 11 месяцев назад

Nice interview ! One thing to be corrected - Jack Ma didn’t start his business as peasant.

@GeorgeChuy 11 месяцев назад

A typical middle class family actually maybe something like that of Bill Gates.

@zionen01 11 месяцев назад

Why did Microsoft take LinkedIn out of China then ?

@DeviousDumplin 11 месяцев назад

For reasons that Shaun isn't allowed to discuss because it wasn't covered by his CCP handlers.

@terencekwong3033 11 месяцев назад

LinkedIn struggled in China, never grew market share and bailed.

@jjreddick377 11 месяцев назад

China has been a bubble for decades. They’ll all blame the USA 😂😂

@Vicky-Blue 11 месяцев назад

Pretty objective and fair

@Shineon83 11 месяцев назад

😂

@shaunrein4708 11 месяцев назад

Thank you Ian GZeromedia for interviewing me. I hope I brought a balanced and nuanced view to our discuss and that your audience found the talk useful.

@PauloLopesPT 11 месяцев назад

Great to see Shaun bringing a very different perspective to the current situation and a nuanced explanation about China.

@boxelder9167 11 месяцев назад

You have a way of speaking that makes the listener feel like they are seeing through your eyes. Very balanced way of articulating the goals of the multiple influencers at play without creating heroes and villains. Excellent job and thank you for your contribution.

@loic-6862 11 месяцев назад

Nope

@shaunrein4708 11 месяцев назад

@@boxelder9167very kind of you, thank you

@shaunrein4708 11 месяцев назад

@@PauloLopesPTI hope to bring nuance to a complicated and difficult situation so thank you

@yopyop3241 11 месяцев назад

As recently as 2017, China had a favorable reputation in the West. Separate polls in the US, the UK, Australia, France, Germany, Canada, etc. found small majorities in each of those countries had a favorable opinion of China. 2017 is when “Wolf Warrior” diplomacy started. 2017 is also when China started to militarize its artificial islands in the South China Sea. By 2018, polling had found that China’s reputation had slipped into slightly negative territory. But 2019 is when China’s reputation fell off a cliff. What happened in 2019? The crackdown on Hong Kong. The old watched the PRC’s brutality play out in real time on thousands of simultaneous live streams from around the city every week for months on end. The plummet in China’s reputation continued in 2020 with China’s duplicity during the emergence of covid. Today, China’s reputation is about as low as it could possibly be. China’s favorability polling is down at North Korea levels. That is why the West has changed its posture towards China. In a democracy, when public opinion is divided and unfocused, special interests drive policy. When China’s reputation was in the slightly positive to slightly negative range, the pro-China lobby dictated China policy from the Western democracies. Not anymore. With China’s reputation in the gutter, politicians across the political spectrum trample over each other in their quest to stake out the most anti-China position possible. Xi Jinping bungled China’s relationship with the West. The massive damage to China’s prospects on the international stage is an entirely self-inflicted wound.

@justinkinkade2063 11 месяцев назад

I'm not a pro-Trump guy by any means but one of the good things his admin did was bring a focus nationally on the Chinese act that had been going on for years. It really changed the narrative that they were going to rise peacefully and be a 'responsible player' within the international order. That started in 2017.

@zionen01 11 месяцев назад

Then they announce a no limits friendship with Russia before Russia invades Ukraine. Nice timing.

@davidreeves8266 11 месяцев назад

The famine... the cultural revolution... the Michael's... covid... every member of the CCP should be imprisoned for life - they are the biggest crime ever against humanity. Mao is responsible for more deaths than Hitler and Stalin combined...

@vlhc4642 11 месяцев назад

Ukraine has a favourable reputation with the west, hows their economy doing? If I were you I'd spend a bit more time thinking about the consequences of having unfavourable reputations in China, e.g. what happens if Tesla loses 60% of their production.

@HKim0072 11 месяцев назад

@@justinkinkade2063 Actually, Obama knew the dangers and was slowly putting measures in place. TPP was the first step, but couldn't get through. TPP was basically decoupling before it became vogue (ironically, we are basically flowing in that direction now with the exception of India who was not in the TPP.) Admin was split into 2 categories under Trump: 1- military / foreign policy hawks 2- trade hawks Trump ignored the first part and only focused on the trade deficit. Honestly, I think if the trade deficit would have evened out, Trump would have let everything else slide. A few people on this team were the foreign policy hawks though. Have no idea if they could have convinced him without the trade imbalance.

@user-xj6ky2or8l 11 месяцев назад

thank you very much for your convincing and informative news. I am not against the chinese people but their autocratic government and pLA.

@MYTHOMINHTRAN 11 месяцев назад

China haters have the same rhetoric but different in words order!

@simony276 11 месяцев назад

Indeed it’s every nation in economic troubles, China still perform much better than most of them.

@hermesliteratus882 11 месяцев назад

And the new American Dream is collapsing the Chinese economy at all cost.

@chihhou 11 месяцев назад

This guy is objective. Not necessary agree his point but he is telling truth.

@dpoolx 11 месяцев назад

He is. But it's not the full truth.

@Shineon83 11 месяцев назад

Of COURSE YOU “think” he’s objective-because YOU’RE NOT (Are you paid per post still)?

@michaelvainer3350 11 месяцев назад

Crisis deep and long !

@mistman5640 11 месяцев назад

4:48 Interview starts here.

@btopkimo 11 месяцев назад

Tell us more about US during Covid, how many left to heaven?

@bhaskarroy6760 11 месяцев назад

Excellent interview.

@Edwardianschool 11 месяцев назад

Really enjoyed & appreciated Mr. Rein’s important insights, but he could benefit from losing the ccp-apologist’s affectation.

@ibrremote 11 месяцев назад

👍👍👍👍

@sofilemushahary2360 11 месяцев назад

But same goes for Chinese app the don't follow any country rules.

@CHRIS_CHANNEL_CN 11 месяцев назад

It's multi-Trillion Dollar question of "Who would (still) be #1 & whether China can takeover US ?", based on both countries' GDP : US & China.

@bhaskarareddyalla3086 11 месяцев назад

Not so much..to discuss and analyze. An extremely DIRECTED..Economy and TOP admn. Never realized HOW. SUFFOCATING IT WOULD BECOME AFTER HALF WAY THROUGH. THE TOP ....in CHINA do not know anything how to approach this SITUATION. THE difference....between CHINA...and US, INDIA,EUROPE.....is DEMOCRACY.....

@joegopher9280 11 месяцев назад

A two-headed monster cannot beat a wise man, this will be the competition between state capitalism and consortium capitalism.

@2-worlds-on-earth 11 месяцев назад

Yup, Shuan is right he should continue to stay in China..

@jeffperteet2327 11 месяцев назад

We should just modernize all the 80s Western Culture and relive that in the present day, and let China Wolf Warrior all they want among themselves

@Vicky-Blue 11 месяцев назад

First interview I see that’s not western propaganda

@joekerr8334 11 месяцев назад

The CPC knows what they are doing !

@zhigangtang9519 11 месяцев назад

His view is very subjective.

@joem0088 11 месяцев назад

Why does G Zero never talk about the economic troubles of the US. There are aboundon articles talking about the 30+T govt debt, the 1.2 T debt service for 2023, the risk of another 2008, the quadrupling of M2, the Fed being insolvent, and yet the China Hawks talk about China's problems as if they stand on a solid platform. Some self awareness is useful don't you think ? Who can trust your China assessment if you don't self-assess ?

@Shineon83 11 месяцев назад

New Chinese talking points : “DON’T LOOK AT US-LOOK AT US”…(But we ARE LOOKING AT YOU :)

@joem0088 11 месяцев назад

@@Shineon83 Message : look at Everybody. Not just China.

@joem0088 10 месяцев назад

@@Shineon83 Look at both. Fact is China is the US's only peer competitor even when it has a housing crisis just as the US was China's only peer competitor in 2008 subprime debacle or 2023 US commercial property collapse. Get used to China. It's the only country which is likely to sink you in the Western Pacific, credit crunch or no credit crunch.

@louistan7560 11 месяцев назад

As unconvincing as when he started his talk-shows.

@spy_balloon 11 месяцев назад

99% anti communism 1% facts 🤣😂

@MYTHOMINHTRAN 11 месяцев назад

Gordon Guthrie Chang has written many books, gone on to talk on TV shows a couple hundred of times with predictions on the Downfall of China. It has turned out every time he was talking about China economy burst, she is getting stronger! Well said and good job professor!

@jhpw4915 10 месяцев назад

Zero discussion on the real-estate meltdown there. Surprising

@robertlee9838 11 месяцев назад

Should invite some Taiwanese experts, 雷倩，陈凤馨，郭正亮，介文洁，唐馨龙。 They knows Chinese thinkings and give unbiased opinions.

@dennyli9339 11 месяцев назад

The private sector is the first to "exit"..... funny

@user-st9qp2re7k 11 месяцев назад

this guy know china

@paulgooderham 11 месяцев назад

Misinfo.

@greggschuder7478 10 месяцев назад

The wealthy in Shanghai suffered the most during zero covid?????

@willng247 11 месяцев назад

Meanwhile Evergrande filed for bankruptcy in the US

@jjreddick377 11 месяцев назад

Chine meddles in the USA. Why wouldn’t the Chinese expect the same ?

@navinbhatia9936 11 месяцев назад

China-data not drama (source -JP Morgan) -Real estate -30% of GDP($19Trillion) +Exports-20% GDP -overall debt within China (including households, companies and the government) -282 percent of the country’s annual economic output. (LGFV debt 48% of GDP, Real estate debt -$600 billion +BRI debt-$700 billion+ Chinese Railway losses-$1.0 Trillion + Chinese Airline losses-$800 billion) -Consumption -38%GDP, Chinese Youth unemployment-21% -FDI (from USA&EU) -$5029 billion. China is built on Western FDI money& Fortune 500 outsourcing. -PMI of China Nov49.4, Dec49.0, Jan49.2, Feb51.6, March 49.8, Apr-49.5, May-48.9, June-49, July-49.3 PMI below 50 means industry (manufacturing) is contracting. Economy is in DEFLATION ‘’your economy depends on investment from Europe and the United States. Be careful."US President Joe Biden Warned China's Xi Jinping China has seemed to be faltering lately, and some have been asking whether China's future path might resemble that of Japan. My answer is that it probably won't - that China will do worse," Paul Krugman, Noble laureate said in an op-ed for NYT China could soon resemble the slow-growth, financially-stagnating Japan of the 1990s if it doesn't address its economic challenges soon, according to JPMorgan. Strategists warned Wednesday of the superpower's "Japanification" risk that could stem from an unsteady housing market, financial imbalance, and an aging population. The comparison comes from the early 1990s, when Japan endured a spell of weak economic growth, low inflation, a broad decline in asset prices, and a "balance sheet recession."

@michaelvainer3350 11 месяцев назад

Play with the economy is dangerous-----mayby bankkrupt of state !---Adam Smith---

@travcat756 11 месяцев назад

This is the best show about China that I've seen

@majormoolah5056 11 месяцев назад

Beginning in 2014-2015 USA has definitely started a gradually escalating trade war with China. So let us at least be honest about this. Then there has been the militarization of the Pacific. As an example, Australia is the most important iron ore exporter to China. And then USA is heavily militarizing Australia and the war drum beats daily in the Australian media. Part of the current situation is definitely Xi. But another part is a backlash to the aggressive American policy, sad to say.

@dphuntsman 11 месяцев назад

Wow, way off base. US military footprint in Asia is smaller than it has been in decades. PRC’s, however, has grown hugely- & is threatening its neighbors, including Philippines,Taiwan, Japan.

@dcc70 11 месяцев назад

It took a long time, but the US finally realized China is using trade as a weapon. China should never have been allowed to join the WTO, because of the CCP culture of deception and theft.

@TheFlagUnit 11 месяцев назад

Sean Ryan has excellent authentic perspective. Amazing insight.

@masterchinese28 10 месяцев назад

On September 24, 2023 Shaun Rein tweeted that "Trump is better for China" and "I might have to vote for Trump" among other things (look up the original, if you want the whole post). Just so we are clear, Shaun wants what China wants.

@AllDay3090 11 месяцев назад

*TOP ECONOMIES OF THE WORLD* 1. America 2. America's Sweatshop 3. Japan 4. Germany *TOP CURRENCIES* 1. USD 2. EURO

@Wombat52 11 месяцев назад

Could you drop in a question about the Uyghurs?

@Pdotta1 11 месяцев назад

Ian, a couple things. 1. China has a history before 1950. It is neither communist nor marxist. As a predictor of the future, you’ll do better reflecting on this. 2. Soft interview. Shaun should be pushed not given a pedestal to expound from. FYI, I’ve known Shaun for years and also live in China last 25. 3. China has a publicly stated mission to establish a rival world order. So the US makes that difficult while negotiating them to stay in the club. Feels like that could have come up in this exchange.

@jason8434 11 месяцев назад

1. It also isn't Chinese. Just like communism and Marxism, nationalism is a development of modern history. In a vast peasant country like China (similar to France), the nationalization of billions of people (including Uighurs, Tibetans ...and Methodists) is a massive ideological project. Europe accomplished it in about a century, China in a generation. But to your point, if we start looking to China's pre-communist past we should be careful not to turn it into a rival narrative for the nationalist government in Taiwan, and their sponsors in DC. This idea of "nations" is very metaphysical ideology that goes back to the 1830s and middle class formation and consciousness. Modern nations are middle-class concepts. For the peasant masses, to be "Russian" or "French" or "Bosnian" was always defined by religion, not by nation-states or even by common language or national economy, which didn't exist.

@juhyokang2571 11 месяцев назад

Today pm.9time after meet goibg ok.

@richiewalker0114 11 месяцев назад

Don't you hate it when the interviewer keeps interrupting the guest and throwing in his unnecessary comments instead of listening and letting Shaun deliver his take and insight on the subject.

@truthaboveall7988 11 месяцев назад

It’s hilarious that he says rich people suffered most 🤣but what is most important is the US is causing a global recession by killing free market competition to compete w China which they can’t We killed Japan’s economy in the 80/90’s & finished the job recently after years of neoliberal austerity which is killing all countries who copied the US into this model whether by choice or force China didn’t become neoliberal how we figured they would once they got rich - once Xi made it clear (it’s already been clear but the US is arrogant & still had hope) that they were indeed still socialist we shifted to Asia & began the plot to destroy them which cannot b done & even by the economic war we r waging it’s affecting the entire world China is not Japan - they will get thru their crisis b cuz they r able to change policy quickly unlike in the west who can’t even tho we change party’s we end up w the same failed economic & foreign meddling idiots

@pablobeltran3028 10 месяцев назад

wow! ...great guest but the host (Bremmer) is often pushing too many 'adjectives' in a 20 minute interview... if only he would stop 'adding' there would be more ...he invited a guest, why does he 'interject' so much...? ...

@rhmcvay 11 месяцев назад

Has China inherited the Japan syndrome?

@mrx2062 11 месяцев назад

It is not about China, it is about the CCP.

@teckchuonting4582 11 месяцев назад

🤣🤣🤣

@tbw2aa 11 месяцев назад

This guy is a registered agent, yea?

@TheKkpop1 11 месяцев назад

On the contrary, China achieves 5-6% growth in the first 6 months 2023, while most western countries are experiencing hyper inflation, recession, worsening unemployment, huge budget deficits, shrinking middle class but exploding poverty. People in the west are struggling with mortgage, credit card, car loan default, jobless, high education and healthcare cost

@alanssshh 11 месяцев назад

they choose to be blind at your comment

@helenrushful 11 месяцев назад

This is the very definition of a straw man argument: Chinese people are now being locked up in their thousands for being in debt, their banks are stealing their money and the government is aiding this by arresting them for protesting about it. Also: millions of Chinese are currently being forced to pay a mortgage on a house that doesn’t exist, and will never exist. None of THIS is happening in the West.

@miroperinich2495 11 месяцев назад

That is true, but life is normal. There is a shortage of workers in my country and in all European countries. In particular, there are many workers from Asia in my country.

@andrethorpe6183 11 месяцев назад

We have the West should be more concerned about the failure of the economies of the US and Europe rather than the nations in the East... Our countries are more likely to collapse than China... They are growing, we are declining and have less productive capacity to improve...perhaps that is why we see only rumours of illegal wars, regime change and sanctions...Time for activities that foster cooperative growth, peaceful, co-existence.

@jhrusa8125 11 месяцев назад

Just say it, lan. Peter Zeihan was right, and you were wrong.

@randroymosquiola3075 10 месяцев назад

I don't like the interviewer at all, he unnecessarily interrupts the guest's replies too often!

@Vinato2000 11 месяцев назад

He is too diplomatic

@jacqueslucas8616 10 месяцев назад

Starting to freeze out??? XI is now leader supreme and nobody sneezes without his approval. Hard times ahead.

@mattslowikowski3530 11 месяцев назад

This was a really interesting perspective

@0047garry 11 месяцев назад

CCP Stooge spoted😅

@user-vn5wn7cj8v 11 месяцев назад

Stop blaming all the issues on neon@z!s in DC. China should also clean the house and continue fixing internal problems.

@CarlosCesarModena 11 месяцев назад

Excellent! Best analysis I’ve seen about 🇨🇳 recently.

@sakttan 11 месяцев назад

Great video. Interesting to hear another perspective. I'd love to hear what Mr. Rein has to say about the CCP's use of hostage diplomacy. But then, as Mr. Rein apparently still lives in China, that might not be good for his health.

@auscountryguy30 10 месяцев назад

In the interest of journalistic integrity. Fact check. USA didn't coerce Australia to not allow Huawei to operate. We were the 1st country in the world to do so in 2018, in addition to being the 1st to call them out and ask for an investigation over covid.. Pay credit where it's due

@KGold53 11 месяцев назад

Shaun is an excellent guest, and sees reality of China much more clearly than westerners (including media and politicians) due to having lived there for 25 years. Please have more guests on like him!

@j.erickson8571 11 месяцев назад

Not really. If I wan to know the opinion of the CCP, I instead call them.

@GlobalDrifter1000 11 месяцев назад

Ian doesn’t have a neck 😟

@jonathankim9968 11 месяцев назад

hope you got paid for that ccp propaganda.. +1 social point for you..

@user-vi7ti5yl3t 11 месяцев назад

Shan, your comment in my eyes seems that you become l member of the CCP party not as objective, but as the American to criticize my friend Jack Ma and say the crackdown on alibaba was justified. I’m disappointed to be honest. But I respect your opinion

@juhyokang2571 11 месяцев назад

China going ok

@simonlv9807 11 месяцев назад

This is best show i have ever seen for China discussion. I think it is fair and independent.Well done

@panoptijohn 11 месяцев назад

LOL.

@martapoutzam2325 11 месяцев назад

Cya later China. Hello India and ASEAN. 🇮🇳 🇮🇩 🇵🇭 🇹🇭 🇻🇳 🇲🇾 🇸🇬

@backto-il9ne 11 месяцев назад

The interviewer is astute and amazing. He was quick on his feet and asked questions that challenged the biased business man's one sided rhetoric and created room for a more comprehensive nuanced discussion. Bravo.

@Shineon83 11 месяцев назад

Think we watched different interviews

@backto-il9ne 11 месяцев назад

@@Shineon83 We certainly did.