How China’s belt-tightening affects the world 

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She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

I couldn't agree more, and I think the vast majority of people in China, the US and other developed countries know this is true, but they just can't help themselves.

I can't help it. I wish I didn't have to work so much and as hard either. But everything is so expensive.

@@billzander2875 Its not just developed coutries

from the context of this video, central command should have corrected for these faults, but seems like instead capitalizing on a tool, it is blaming it after it's own misuse

So we have a over capacity problem?

The world is suffering from the US's 16T dollar printing during the pandemic.

😂The world don't want to subsidize China . It like asking someone to hey stop making stuff and buy my stuff because I make too much😢

Because the world do not need to produce things we can all buy from China.....till we have no money ........then we can make a revolution because our government do not protect us. So smart of you!

​@@jackham4407😂不是我们生产出来实惠的产品，你们现在最基本的衣服都买不起 之所以我们生产是因为美国在历史上为了转移资本主义发展过程中必然会出现的矛盾，把低端制造业转移给我们 就是为了不在重现第一次，第二次世界大战 现在世界经济发展下降的一切原因就是美国无休止的印刷他们的废纸，全球化换取其他国家珍贵的资源

One thing I observed is that most arguments made with the use of emojis are often biased, unsubstantiated or even offensive. So yea, those 'people' are really intelligent

First is the crash of the housing Market that is about a 10 Trillion dollars crash that basically Housing in China is not worth a Penny. Second Chinese Govt Foreign Policy which is known as Lone wolf Diplomacy, It hits China to its core. Since American companies are diversifying its manufacturing industry now outside of China and transferring to favorable countries such as Vietnam, India and the Philippines etc, Not only the U.S company but also Japan, Korea, E.U, and even Taiwanese companies. It led to high unemployment that China refused to release Data. Third is China's less buyer of its products. As such the countries even put tariffs to protect the domestic industries from China's cheap products. Fourth China has less consumption of the population, China despite having a big economy the wages are low which doesn't help since the population can not buy its own products that led to many supply but no demand which led to deflation. So is China's Economic downfall bad for the world? NO! Why? Because China's manufacturing industry can be easier to outsource to other emerging countries in Asia that have a favorable foreign policy than China, Also Chinais just selling things, not food or oil. What the modern economy needs is oil for energy power and food. Is China's downfall inevitable? Yes, If China will continue to think that they are irreplaceable. Trust us, even the USSR fell. China is not excempted if it is going to continue to destroy itself!

Nothing to do with that. It is more to do with Chinese and their face. They think that luxury goods reflect on their image and face.

@@roblox737mbll5 don’t exaggerate. The houses will be absorbed by the Chinese banks, which were China owned. A couple of 100 billion is nothing, they have a trade surplus of 8-9 hundred billion a year.

Spending $11 on a lipstick brush is crazy imo. Probably cost 10 cents or less to manufacture.

Buy Asian brands, LV and Gucci are Western brands. They are the ones sanctioning you remember?

Very fake apology. He cannot fool the people.

You’re talking as if Chinese didn’t use credit card as well. 💀

First is the crash of the housing Market that is about a 10 Trillion dollars crash that basically Housing in China is not worth a Penny. Second Chinese Govt Foreign Policy which is known as Lone wolf Diplomacy, It hits China to its core. Since American companies are diversifying its manufacturing industry now outside of China and transferring to favorable countries such as Vietnam, India and the Philippines etc, Not only the U.S company but also Japan, Korea, E.U, and even Taiwanese companies. It led to high unemployment that China refused to release Data. Third is China's less buyer of its products. As such the countries even put tariffs to protect the domestic industries from China's cheap products. Fourth China has less consumption of the population, China despite having a big economy the wages are low which doesn't help since the population can not buy its own products that led to many supply but no demand which led to deflation. So is China's Economic downfall bad for the world? NO! Why? Because China's manufacturing industry can be easier to outsource to other emerging countries in Asia that have a favorable foreign policy than China, Also Chinais just selling things, not food or oil. What the modern economy needs is oil for energy power and food. Is China's downfall inevitable? Yes, If China will continue to think that they are irreplaceable. Trust us, even the USSR fell. China is not excempted if it is going to continue to destroy itself!

Lower price does not mean lower quality. Marketig brainwashes consumers into believing that.

Same situation here in the USA. ):

@@rcchin7897 hahahahahha what> American are even buying more of PH products

Where do you live, i never see that, i am born and living here in india since 30 years haryana, rohtak village.

@@user-dx9zf2ce9t Read my comments under the comments section.

😂 You are everywhere.

@@user-dx9zf2ce9t He is Pakistani

Yeah

just take it as a case study of "red herring"

clickbait. deceitful. totally unprofessional

Welcome to RU-vid

​@@roblox737mbll5 Another laughable "The Coming Collapse of China" narrative. Just illusion of the China haters. Never bet against the development of China, or you will become a laughing stock like the infamous columnist and writer Gordon Chang. 😅

Really? I thought the title and contents were totally congruent. Less domestic consumption in China is leading to overcapacity, which is leading Chinese producers to push out exports at low prices. But this undercuts international manufacturers, so the government of importing nations are starting to express concern over this. I'm not saying I agree or disagree, but this is what this relationship between domestic consumption and international trade is what the title is alluding to.

First is the crash of the housing Market that is about a 10 Trillion dollars crash that basically Housing in China is not worth a Penny. Second Chinese Govt Foreign Policy which is known as Lone wolf Diplomacy, It hits China to its core. Since American companies are diversifying its manufacturing industry now outside of China and transferring to favorable countries such as Vietnam, India and the Philippines etc, Not only the U.S company but also Japan, Korea, E.U, and even Taiwanese companies. It led to high unemployment that China refused to release Data. Third is China's less buyer of its products. As such the countries even put tariffs to protect the domestic industries from China's cheap products. Fourth China has less consumption of the population, China despite having a big economy the wages are low which doesn't help since the population can not buy its own products that led to many supply but no demand which led to deflation. So is China's Economic downfall bad for the world? NO! Why? Because China's manufacturing industry can be easier to outsource to other emerging countries in Asia that have a favorable foreign policy than China, Also Chinais just selling things, not food or oil. What the modern economy needs is oil for energy power and food. Is China's downfall inevitable? Yes, If China will continue to think that they are irreplaceable. Trust us, even the USSR fell. China is not excempted if it is going to continue to destroy itself!

Yes, ask any Chinese, I'm sure they will tell you how happy they are to buy "home-grown" baby formula instead of expensive foreign one...

Buy Asian brands, LV and Gucci are Western brands. They are the ones sanctioning you remember?

Tell us you don't know economics without telling us you don't know economics

​@@victortoba-ogunleye4056Chinese and communist don't know economic lol

Hi Malaysia, singapore is getting a raise from the wealth management segment outflow from china. but hi, not just us, I heard Penang is getting much of the production fleeing out of china, you will get your raise eventually, as long as, you know, your gov...

Malaysian China bootlicker detected

Yo, have you actually seen rural china? I actually have been to china before, since, my relatives still live there. Over 900 million chinese people still live in poverty (their former prime minister said it himself, you know, the one that got assassinated that everyone liked), and its even visible in cities now, since there are so many homeless people, to the point they have names for those people on weibo, douyin and other social media. I know you want to be pro-china and anti-US and everything, but ignoring a problem doesn't make it go away. At least the west doesn't hide its problems and pretend it doesn't exist.

You mean the lipstick guy?

First is the crash of the housing Market that is about a 10 Trillion dollars crash that basically Housing in China is not worth a Penny. Second Chinese Govt Foreign Policy which is known as Lone wolf Diplomacy, It hits China to its core. Since American companies are diversifying its manufacturing industry now outside of China and transferring to favorable countries such as Vietnam, India and the Philippines etc, Not only the U.S company but also Japan, Korea, E.U, and even Taiwanese companies. It led to high unemployment that China refused to release Data. Third is China's less buyer of its products. As such the countries even put tariffs to protect the domestic industries from China's cheap products. Fourth China has less consumption of the population, China despite having a big economy the wages are low which doesn't help since the population can not buy its own products that led to many supply but no demand which led to deflation. So is China's Economic downfall bad for the world? NO! Why? Because China's manufacturing industry can be easier to outsource to other emerging countries in Asia that have a favorable foreign policy than China, Also Chinais just selling things, not food or oil. What the modern economy needs is oil for energy power and food. Is China's downfall inevitable? Yes, If China will continue to think that they are irreplaceable. Trust us, even the USSR fell. China is not excempted if it is going to continue to destroy itself!

I've been hearing [China will collapse this year] for the past 20 years.

Ci na ba bi go live in shitguo 🇨🇳

Doubt it

Still far in the future, this crash happen when they still had enough young workforce to get back on their feet, which japan isnt and China is a "corporation country" not some a country own by corporation. Is it gonna go stagnan possibly yes but still far

@@misterbig9025. What for. China itself is coming to my country

Correct, because it is propaganda

more tariff?

Yes! Its consumption DEFINITELY under reported, but not the way you think. Everything purchased in China are done through digital payments. You would really struggle if you want to use cash. Vendors still accept legal tenders but it's such a faff that you would just use the payment apps out of convenience (or to avoid the embarrassment in holding up the line). So yes, the purchase of ice cream from mom and pop are tracked. Street stalls and people who busks on the street rely on digital payments. I think the underreport is from not account for the weak yuan, the change in people's circumstances and the true valuation of what's truly important. As an example: if it costs US$40,000 in the US to furnish a house with EVERYTHING but only costs US$10,000 to do the same to the same standard in China then the consumption figure in China will always be lower and fail to reflect on the real economic activities that had taken place. Development in technology is SUPPOSED to have a deflationary effect. Remember how expensive an LCD TV used to be? After all the initial investments into the R&D, factories and infrastructure has been paid off then the price of the products would naturally decline. This is how human SHOULD aspire to, except modern economics seem to think this is a terrible things to happen. That everything should actually be more expensive even when the process of producing these things get more efficient. Also, China's consumption level will NEVER return to the level in the 2000-2020 because that's when millions of people were first lifted out of poverty, moved into the cites and started their homes and furnished it with all the appliances. This is something a developed nation can never do. All the China-Doomers will always point to the decrease without any context. The true value of the Chinese economy lies in the things they have already invested in. Things like their factories, transport networks, logistic chains, R&D and deals they have already stuck with countries supplying the raw materials. I mean look at how China is dominating the supply chain for batteries. I think a lot of the growth in China are now actually hidden by Western term because they are too obsessed with pumping up mirages. Everything are measured in terms of the real estate market and the stock prices but never really consider the big picture. So yeah... The West will have all the numbers and figures but China is holding all the real assets.

Nobody keep track of your purchase of ice cream from pop and mom shops, or your jiabing that you buy from street hawkers - actually no, since almost all transaction in china now using electronic payment, yes it is very easy to be tracked, quantified, categorized and tabulate

@@roblox737mbll5 oh yeah, tell this to biden and EU. with this situation it's impossible china has money to subsidy it's industry right? please tell them your great theory

@@rudyalfonsus686 NO AMERICANS WANT TO BUY CHINESE PRODUCTS! HAHAHAHAH

So it is no longer a colonial mouthpiece. Read the US media if you want that nonsense.

@@Lost_Johnny Colonial mouthpiece? That’s funny seeing that China is an Imperialist colonial country today. Belt & Road debt trap, unilateral claims of the ocean against international law and courts, economic bullying and a media environment filled with censorship. When revolution hits the streets over draconian Covid laws, not even their colonial national mouthpiece can prevent the rise of the people

When will China surpass the U.S. to become the world's largest economy?

You repeating this copypasta everywhere is "independent thought".

Free palestine

Very true. You can't treat people as subjects following instructions. The west allowed China to be their factory and the world praised real estate infrastructure at 25% of GDP by borrowing money as a big achievement. CCP is the root cause of all problems and the Chinese people follow instructions and have no political say.

I've seen this bot so many times

How much more left to tighten the belt with Global Hunger Index ranked 111?🤣🤣🤣

Shouldn't it be the other way? 🤔

ameringlish to be precise

Your wishful thinking only. Don't be a Chinese lapdog even after CCP's gross mistreatment of your fellow Muslims in China.

sanction huawei and China before Ukraine crisis happen, so nice try , another failed fake news

Your logic is backwards.Because Europe/US chose to isolate itself from China, which caused China to turn to Russia.

nextlastDumb has some mental diseases, he is obsessed with China and spreads fake news every day.

@@roblox737mbll5 I love how westerners are getting more delusional day by day 😂😂😂

The tears are sending me😂😂😂

Why?? 10% will overheat the economy. Its better quality growth then quantity

2.45% is way better

10% Even 5% also cannot achieve

Chinese economy is failing not because of 'Western model' of Capitalism, but by its own hyped up "Capitalism with Chinese Characteristics' model.

??? International trade relations have always been about give and take. Keynesian economics was always for local governance, not on a world scale. It never applied to international trade, although it would be affected by it. Tell me you don't know anything about economics without telling me you don't know anything about economics.

Em.. there was has deflation in China...

And it creates a deflation spiral as more people spend less money, make less money, have less money, save more money, and prices deflate because no one is buying, furthering the deflation.

It's not just relying on domestic consumption though like suggested in the video. They also mentioned pushing up the value-added chain but they packaged it in such a way that made it sounds irrelevant. One way to keep expanding is to build higher quality things like EVs, 5G, drones etc etc and China has been doing that for the past 5 years. This video report just swept all this aside by adding the "overcapacity" label while China is already dominating a lot of global sales in these tech. I mean just think of all the things that US and EU want to ban or apply big tariffs on. These are things that the world will be buying from China instead of US and EU. Remember the One Belt One Road? According to some African scholars, that's actually been going on for decades. And now it feels like China will be ramping up the exchanges of these high quality products for resources and minerals.

@batcountry... Quality products and China are far apart. In the real world, Chinese products, including their EVs and 5G ,are renowned for their cheapnes both in terms of quality and price.

@@user-ni5gt4wm8e Indeed. The only high quality tech they produced was always for foreign companies that kept a tight QC. Domestic brand products don't have the QC levels that match foreign company requirements, and thus, while not very poor, they make them mid in quality and prone to malfunctions.

@@BatCountryAdventures Higher quality is debatable. I would consider them more "luxury" or "advanced" products than higher quality (quality is a relevant measure, and IMO, unless the companies were manufacturing for foreign companies that have a high QC requirement, the quality of domestic chinese brands aren't near foreign ones, you may feel different though). For most cases, just the simple manufacturing process from raw material to final deliver to consumers is already a "value added chain". They really do have to rely more on domestic consumption though, because relying on exports, as can be seen today, is very risky if relations with trading partners go bad.

@@user-ni5gt4wm8e yeah, that is why USA afraid of cheap low quality

they could sleep on the side walk like a QUEEN USA style

Actually property prices are already going up. LOL.

@@Lost_Johnny No they are not. Friends both in Shenzhen and Shanghai say totally the opposite, they are still dropping, but by all means Keep on dreaming that supply and demand don't affect prices in China

Shhh... that's communism, and we don't talk about that around here, especially not in China.

proportional to it's size as well

Oh hey, someone gets it. Also, depending on the leader, it could just be their own pockets.

I prefer 7-11 coffee. It's cheaper than Starbucks and higher quality, although it isn't fancy.

Neither does the world needs u. 😅

@@anjunadeep.8384 we need chyna sweat shops 😂😂

@@Hkchinese888 They dont spew feaces like you.

@@anjunadeep.8384 Discrimination isn't allowed in yt, comrade

@@Hkchinese888 Awww... Hence more so reinforced the first point.

but then again westards were hoping and praying for China's economy to be collapsed. Isn't this what you want?

Seems you agree with Pettis, specifically his scenario #1-unfortunately it's the least likely to happen.

I mean... you're using youtube and you have a google account. Both are western products. #SUPPORTWESTERN 😂😂

@@ryuno2097 Google is not accessible in China, they mostly use their own services like Weibo .etc. Beside, GG account is free so they do not spend any money on it. GG ads also does not work in China which did not bring any profit to GG at all.

no problem then buy chynese junk.

Stop using youtube then bruh. But on the other hand, THANKS FOR SUPPORTING THE US!

Buy chynese junk instead 😂

trends changes, just like how SEA lose the production to china

in India I see more and more made in India products nowadays.

Today we went to TNA (popular) fitness wear cloth store and their clothes were made in Vietnam….more countries’ commodores are available now.

LOL

How to do that with Hunger Index ranked 111?🤣🤣🤣

Then the US must have long run out of money...

@@xiangli7695 it did, but fools are willing to lend, whose I wonder is the biggest US lender/ bond holder

CIA bot

Troll alert!

Isn't it referring to muritard land. Petro dollars coming to the end . They are taking desperate measures, won't be surprised they will even start a third world war so that they will be victorious. Meanwhile other countries are destroyed. How it happened during the second world war

if USA weapon makers can be consider a country