China's Economic Comeback Story

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Henry McVey, KKR Head of Global Macro, Balance Sheet, and Risk Team and CIO of KKR Balance Sheet has been to China four times in the last five quarters and sees opportunities in its domestic economy.
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Опубликовано:

23 май 2024

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Комментарии : 214

@manimalworks7424 22 дня назад

Growing at 5.1% is slow, at 1.5% is fast

@miaomiaotoo 21 день назад

🤣🤣🤣👍🏻

@GonzoTehGreat 13 дней назад

The 5.1% is probably inaccurate and the actual figure is lower.

@Argus-ut8gi 12 дней назад

@@GonzoTehGreat So what are the US and the West worried about?🤣🤣

@GonzoTehGreat 12 дней назад

@@Argus-ut8gi What a silly question...

@Argus-ut8gi 12 дней назад

@@GonzoTehGreat Since China is so weak. So why are you howling about all day?

@marlisamirabal 22 дня назад

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@TitaAnderson 22 дня назад

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

@softy-bf5eg 22 дня назад

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

@Cammimullens 22 дня назад

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

@softy-bf5eg 22 дня назад

“Angela Lynn Shilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@Cammimullens 22 дня назад

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

@prajnasamadhi60 23 дня назад

Gordon Chang: China's been collapsing for the past three decades. Or, maybe reverse collapsing. I think Gordon's being ironic.

@andysk5438 21 день назад

Brezhnev: - Comrades! Lenin has opened our eyes! -Our eyes too.... a little bit (squinting is also customary) The original in Russian is: - Товарищи! Ленин открыл нам глаза! - И нам ... цуть цуть/ (А нам не оцень...)

@phillip76 18 дней назад

@@andysk5438 You disagree, and you bring out all your racist cariatures. This is why America rot.

@changliu3915 9 дней назад

Gordon probably works for CCP, double bluff.

@SamuelSo1018 День назад

尬不尬@@andysk5438

@supagirusupagiru9932 21 день назад

Gordon Chang in 2010 : China is collapsing Gordon Chang in 2024 : China is Collapsing Meanwhile….US is self destructing

@shadowmod3 16 часов назад

will u sacrifice ur human rights for the promise of wealth?

@metchandara 22 дня назад

The same Bloomberg media reported that China collapsed months ago. So now what!!! China still collapsing?? 😂

@mtljin 12 дней назад

Over capacity for green technology is such a joke. The people want cheap solar. Only greedy west wants to hold up the price.

@aryaman05 21 день назад

Over capacity in solar is rubbish, fact is we can't get enough.

@kobe24j 22 дня назад

Per Gordon Chang, China collapsed every year! 😂

@passby8070 17 дней назад

2:06 "over capacity" in renewable and green tech is a good thing for humanity, but it upsets the establishment that relies on the patrol dollar to maintain its wealth and hegemony.

@yin-longqiu4426 22 дня назад

One of the very few objective, neutral, and fair-minded reports of China's economy! We need many more of this type of journalism. The US should get out of the ideological quagmire we are in, because otherwise it will only hurt us and then brings others down as well.

@AR-rn8ok 22 дня назад

What quagmire? I thought western businesses were leaving China because of their unstable rhetoric with Hong Kong and Jack ma and Taiwan.

@tedwong7037 23 дня назад

Isnt china collasping yesterday??

@Dr.Kraig_Ren 22 дня назад

Maybe He has invested in china.

@adolft_official 22 дня назад

@@Dr.Kraig_Ren I hope Inddians wash feet after eating singapore banned curry and wash left hand after wiping sh it

@vincenttay2812 22 дня назад

China already collapsed long time age and are now in the 22 nd century 😅

@TaiwanNationStatusQuo 19 дней назад

900m chinese ppl （65% population) make less than 300 USD per month. Purchasing power cant support the domestic market after overinvestment in real estate and infrastructure. China really relies on exports to EU JP US but it's no longer easy. Steer clear from China is the best strategy unless you can wait for 10years for significant return, or none.

@vincenttay2812 19 дней назад

@@TaiwanNationStatusQuo BS

@miralu1279 23 дня назад

Do you see any problems with overproduction of weapons in the United States?🤣

@aslampervez2294 22 дня назад

US has over capacity of printing dollar

@APDM_OSINT 21 день назад

i know this is a joke but US doesn't really have overcapacity on weapons, in fact, US cannot fulfill order quickly enough for artillery shells or naval shipbuilding. US in under invest in lots of areas, while printing a lot dollars. this is unsustainable.

@aihong2971 23 дня назад

Mr. McVey is very balanced. China is made up of several different micro-economies. If you isolate these they are booming. For instance. The greater Bay Area for one and the Chengdu / Chongqing consolidated region to name two of them. This type of economic regions have gross domestic products bigger than say the United Kingdom on one hand, and Canada on the other. Breaking up, China into developed and developing regions is quite necessary in order to fully understand the idea of common prosperity and a dual circulation unified market fueled by hukou relaxation and renewed urbanization.

@yujiuyu8817 10 дней назад

我认为你的分析很正确，中国从十几年前就开始，长三角经济区，粤港澳经济区。京津区经济区。最近几年更加的大力发展这些经济区。通过地铁把不同的省份连接到一起

@geraldwatts5492 7 дней назад

I'm glad he mentioned hukou, which is traditionally a primary reason for families to buy property (especially cross-city). For those who haven't heard the word, it's actually pronounced "hoo-koh." When you buy a qualifying apartment, you get a hukou which can send kids to school and give you other quality of life benefits. I think what they're doing is giving out more hukous by relaxing the criteria for buying (such as how long you've been paying taxes in the area). But I think it also means that areas that used to not require buying a house for hukou (like where I live) might start requiring it--at least that's what would be in their best interest.

@Leoq-zk6wt 22 дня назад

Thank you Gordon, you've done a wonderful job, please keep fooling the americans, lol.

@DanyCesc83 23 дня назад

Perhaps is time to rethink our position in Asian, leaving political drama aside growth is the focus and finding new partners is always a positive.

@hustwangke 22 дня назад

The best analysis about China from US media i saw in months, kudos to Henry

@whitemoon5752 23 дня назад

We should have more such balanced interview. Good work Bloomberg

@user-lb4yx1ms5f 22 дня назад

A breadth of fresh air from all the bad mouthing. 😂

@bullpup1337 22 дня назад

China wumao spotted (only state propaganda uses the term “bad mouthing”)

@BebekGoreng88 21 день назад

Also bloomberg's next podcast : China's economy takes another nosedive.

@kamwaichan8048 22 дня назад

Gordan Chang once quoted, China will not dump the US $. He's so wrong, dumping the US $ is the best thing China has done so far 😂😂😂😂

@heytruthdohurts 5 дней назад

if you hear what Gordon says, just think the opposite

@marjoriedennis 22 дня назад

Great overall information, well delivered

@Investor965 22 дня назад

Great interview,thank you.

@basque888 15 дней назад

Bloomberg, refreshing to hear from somebody with business on the ground, spoken clearly, concise, to the point. More of this, and less think-tankers, commentators pushing narratives please.

@onatyalcn2840 20 дней назад

2:58 chart's blue legend is probably wrong. Should be 2011-2021, instead of 2011-2012, right?

@zhubotang927 19 дней назад

This is the first interview I have watched that isn’t laced with 2000 mg of ideology and propaganda.

@realestalex2728 9 дней назад

I am starting to understand why Peter Lynch said that if you spend 13 minutes studying economics you have wasted 10 minutes.

@rashadali9x0t 22 дня назад

Revux's roadmap looks promising. Exciting times ahead!

@WarrenKLiu 22 дня назад

For those who are making comments on fake data or interviewee is making things up obviously doesn’t know what KKR is. In the world of PE funds, KKR is number 2 globally and number 1 is Blackstone. KKR has almost 500 billion AUM. This guy is a division head at KKR and runs their Risk Team. Anyone who’s ever had to raise money or get a loan and bothered to understand the process. The Risk Team is the final step before any proposal is submitted to the credit committee for approval of the deal. It’s his job to know the numbers globally and he would know them better than most people on the planet. KKR is also HQ in Wall Street, so they are as American Capitalists as they come.

@Zero11_ss 21 день назад

PE itself is a scam. People working in PE have no special secrets and go to the same schools as people who end up working in other places.

@asmitakumari9962 22 дня назад

Revux's low presale price is a steal. Time to load up!

@alone_boy3343 22 дня назад

Concentrating on BTC and Revux, with a little ETH on the side.

@KudusRabbani 22 дня назад

Wondering if Revux will pump before XRP. It’s got potential!

@antball775 22 дня назад

Might one to focus on your own country so worried about how to fix somewhere else can’t fix your own mess I know one thing I bet you don’t see potholes in the streets like you do in this country

@ganeshkumaryadav4792 22 дня назад

In the next bull run, keep an eye on DOT, VRA, and SOL, but don't overlook Revux's RVX

@roohansl4282 22 дня назад

My picks for the bull run: ADA, AVAX, SOL. Best presale? Revux, no doubt.

@elcmu2637 18 дней назад

This is real growth since china didn't deploy massive covid-era stimulus. In the united states consumers are struggling w/ high inflation. From a consumer pov china did an oustanding job managing their economy.

@aai2184 22 дня назад

May I ask how you obtained their economic data at the local/state level as they stopped reporting economic data to the west March 2023? Agree their economy is in bottoming process. How will they stop capital flight? Thanks.

@disco1974ever 5 дней назад

He ACTUALLY spun the West's inflation crisis as a good thing

@gregwong2132 22 дня назад

Just believe the opposite of Gordon Chang and you will have the correct picture

@danwangwe7 9 дней назад

There is campaign to china to diminish it in terms of economy whereas china economy is going bigger china companies are expanding outside china and thus good

@PinkyKiller19 22 дня назад

This kind of news will make China’s cyber-attack operator mad~~~

@JonySmith-bb4gx 15 дней назад

CIA bot spotted

@jetscreamer1 18 дней назад

There are scores of ‘China’s economy is dead’ channels on RU-vid these days. How can so many RU-vid economists be wrong?

@NakulMandal-dz1kq 22 дня назад

Just increased my holdings in Revux. Feeling confident about this one!

@goolooggg9005 5 дней назад

GDP growth 2023: China 5.2% > US 2.5% right

@hilwaamanamankiyar-pp5bf 12 дней назад

CES

@greghelton4668 22 дня назад

China hasn’t bottomed out. There are bandaids that are highly stressed and could snap at any moment.

@user-oi5to6zy5l 21 день назад

Never bet against China. History proves you'd lose.

@rudyalfonsus686 9 дней назад

hei bloomberg, china still holds 800 billions of US treasury bonds. if they need money, they can dump all those bonds

@user-ru9mp3lh2y 18 дней назад

I'm laughing in the water 😂😂😂😂😂 few months aren't those people were saying China's economy is declining, crumbling,pititi Pattaya, saying all kinds of stuff about China's economy,,why change of tune now???

@urmama3493 23 дня назад

"Come back?!" Yes, only in dreams ❤❤❤

@LH1xx 23 дня назад

Yes already come back

@chrisma8254 23 дня назад

you mean fmerica greedy again??

@directxxxx71 23 дня назад

Come Back! Wake up, Gordon Chang 😂😂😂

@Harmony99Harmony 22 дня назад

hi mate, you must be Gordon chang's yard sweeper. 😂

@freeworld64 21 день назад

So, let's see will this guy increase or decrease investment in China, beside the words.

@hangtuah888 23 дня назад

China Economy bottoming???

@fannyalbi9040 23 дня назад

😂😂😂 fit the “kpi”

@yuning8045 22 дня назад

Means can't go lower, can only grow from now on.

@Vincehunting336 22 дня назад

Learn to understand economy language before making questions

@ericchen-qo7sf 22 дня назад

That's a minority expert, much more normal for me.

@ashho313 20 дней назад

We have. Another two years. Only. 3rd world countires or buying stuff but that's. Doesn't. Help when somebody like america has so lucbb buying power still

@kalu-tx4bk 22 дня назад

Moving everything into BTC and Revux. This presale is too good to ignore!

@bansilal7207 22 дня назад

I’m all about presales, and Revux tops my list. Early investment is key!

@whitemoon5752 23 дня назад

Globally 1.45 billion cars are sold every year and less than 2% of that is EV and most of that is in China. It will become overcapacity when the adoptions rate of EV are low, which is very low in US and most of the developing world. The question is whether the country’s government is doing enough to stimulate demand for EV which in China’s case is significant.

@chestnutridge4187 23 дня назад

Are you sure 1.4 billion with a b? Only in your wet dream.

@joem0088 23 дня назад

WW 1.45B new cars registered per year ? I think it's around 85 to 90M.

@AhmetTekin101 23 дня назад

Same to Evergrande with empty apartments.

@ibrahimtouman2279 23 дня назад

Your numbers are bogus

@whitemoon5752 22 дня назад

@@chestnutridge4187 go do some research

@weetaoneo3081 22 дня назад

Hoku 😂 户口

@geraldwatts5492 7 дней назад

Yea, for how many times he's been to China, you'd think he'd pronounce it properly.

@freeworld64 21 день назад

快来接盘啊😂

@qake2021 23 дня назад

👏👏🇨🇳🇨🇳🇨🇳👍👍👏👏👍👍

@SoYappy 23 дня назад

This McVey has huge personal interests in China. He can’t say anything that may affect his interests negatively.,

@sydca5365 23 дня назад

wouldn't same theory apply to the US? If any Biden supporter talking about how strong American economy is, would it be the same as you just said?

@yyan6501 23 дня назад

@@sydca5365 lmao you have no idea how this two countries' systems work

@doronnac 23 дня назад

Bingo

@ryanong1815 23 дня назад

You could also say this is "putting your money where your mouth is"

@catinbootsnow4267 23 дня назад

Like Elon Musk. China is really the sweet spot in his global ambition, and his lifeline for survival and growth.

@dnart4850 22 дня назад

马上就崩溃了。。。。

@MyVoice-bn1vj 23 дня назад

we all support new global economic support with China, not support u.s. is oldest economy and now we want new economic world new currency, end of u.s.hegemony remove u.s.dollars

@siarung1972 21 день назад

he get paid by ccp.🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

@NiteshKumar-ue1yp 23 дня назад

He has vested interests in China. You can tell that he's trying very hard to sell.

@directxxxx71 23 дня назад

OK Gordon

@adolft_official 22 дня назад

KUMAAR, wash feet after eating singapore banned curry

@NiteshKumar-ue1yp 22 дня назад

@@adolft_official After seeing your face no one can eat anything.

@ArabicReja973 23 дня назад

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?

@aguyinavan6087 23 дня назад

Robots

@lw1267xjdbdj 23 дня назад

For the past almost 15 years, I first time see a real house rental price drop in Beijing. For residential about 10-20% biggest agent have huge pressure and taking risk of tear the contract to request house owners to reduce the rental 10-20% to assure the renting rate.

@johnnywalker2870 23 дня назад

Perhaps your information is bs!

@mariajiao4855 23 дня назад

Nobody believes you anymore

@Mike-zs7kc 23 дня назад

The growth comes from fake numbers from the CCP of course!

@lastChang 23 дня назад

Uninvestable! China's economy is facing structural issues, which can only be fixed by regime change. Taiwan 🇹🇼 can help!

@johnyyffeng-fs9xm 23 дня назад

台巴子，各个频道上发造谣诬蔑大陆的贴，台巴子完全堕落到和西方人一个德行

@mariajiao4855 23 дня назад

Taiwan is bs

@hangtuah888 23 дня назад

A moron is always a moron.

@user-ii2lm6kg2g 23 дня назад

It's the opposite. China is great because of the CCP. Try again..

@davidlai399 23 дня назад

Taiwan too is facing structural issues such as having the lowest birth rates in the world at 0.7 child per woman. Mainland has 1.4 billion people while Taiwan has only 20 million. It’s a long game. Let’s see who run out of people first.