“China Collapsing”: Reality or Narrative? In conversation with Louis-Vincent Gave | The Core Report

#watch- On this episode, financial journalist Govindraj Ethiraj talks to Louis-Vincent Gave, founding partner and CEO of Gavekal, one of the world's leading providers of investment research, providing insights on the global macroeconomy and markets, and on China's economy and companies. In 1998, Louis launched Gavekal with his father Charles and Anatole Kaletsky. At the time, Asia was set to become an ever more important factor in global growth, so Gavekal was set up to offer its clients more information, and more ideas, relating to Asia.
Louis has written seven books, the latest being Avoiding the Punch: Investing in Uncertain Times which reviews how to build a portfolio at a time of rising geostrategic strife, and when very low interest rates and stretched valuations on most assets announce constrained returns on most assets over the next decade.
In this conversation you learn about the state of China's exports, how the Russia-Ukraine War catalyzed de-dollarization, the impact of green energy on western economies, how the markets view India and more.
#China #GovindrajEthiraj #TheCore #businessnews #businesspodcast #news #newspodcast #trendingpodcast #latestnews #thecorereport
For more of our coverage check out www.thecore.in
Follow us on:
Twitter: / the_core_in
Instagram: / thecore.biz
Facebook: / thecore.biz
Linkedin: / thecore-in

[@OppoA17k-uy7qg]

Louis-Vincent's insightful analysis of China,'s economy is brilliant. Not only does he explain so clearly why China,'s economy will do even better but he also debunks Western media hype of China's economic collapse !

[@dancerinmaya6813]

Excellent interview! 1. hot money in/out flow and FDI capital flows are two different animals, it's the latter that has direct impact on economic development. If you look at IN's FDI capital flows for the past few years, you'd understand it's not a good idea to try to take down China along with Western narratives ; 2. India has great interest in working w/ China for its own development, but unfortunately the almost self-contained border disputes are blown out of proportion for political purposes--it's a small issue with capped risks (neither country wants a war), maybe 1% of all CN-IN relationship, which also can be solved amicably. 3. For Indians, it's unwise to attempt to shoot down CN, which IN might be in 20-30 years. It's more important to get help from China and avoid CN's mistakes. What does India have to gain from being hostile to China (except for making the US happy?)

[@thecore_in]

Glad you liked it! Thank you for watching. Pls subscribe to our channel and follow us on social media for latest business trends and news!

[@GoToZeMoon]

Thanks a lot for this clear and very enlighting interview, best Respect !

[@thecore_in]

Glad you liked it! Thank you for watching. Pls subscribe to our channel and follow us on social media for latest business trends and news!

[@jaytan915]

Perspective, thanks

[@supertramp1692]

Great podcast! Keep up with this.

[@thecore_in]

Glad you liked it! Thank you for listening. Pls subscribe to our channel and follow us on social media for latest business trends and news

[@chun-mailiu4329]

Thank you very much for this most insightful report.

[@thecore_in]

Glad you liked it! Thank you for watching. Pls subscribe to our channel and follow us on social media for latest business trends and news!

[@Jako8557]

very good, thank you

[@thecore_in]

Glad you liked it! Thank you for watching. Pls subscribe to our channel and follow us on social media for latest business trends and news!

[@algae_rhythms]

Excellent!

[@thecore_in]

Glad you liked it! Thank you for watching. Pls subscribe to our channel and follow us on social media for latest business trends and news!

[@joem0088]

Louis Gave say 4 Triillion $ of investment in solar and wind has only reduce dependence of hydrocarbon marginally. The reason is transportation dependence still on ICE cars and trucks. For solar and wind to impact ICE you need electrically power vehicles and there are simply not enough eV's in the West to reduce the use of hydrocardons/ICE.

[@CarpsterKing]

This interviewer seems to be getting jittery and frustrated after listening to Louis debunking the negative narratives purported by Western media... as for the flow of hot money from Wester financial institutions to India a cloud of uncertainty and doom is going to befall upon India when these financial investors pull out of Indian stock markets ...

[@thecore_in]

Glad you liked it! Thank you for watching. Pls subscribe to our channel and follow us on social media for latest business trends and news

[@andrewlim7751]

Some countries even have measures to restrict hot money, the 1997 Asian financial are still vivid to many countries around the world.

[@user-ms9nh2gw4w]

Well said, Louis. +1 is peanuts and the host is very happy to say the +1 is going to India. Anyway that model of upgrading is generic, all countries move up the value chain as they develop. I wonder what is India trade situation monthly? Is that positive or negative?

[@tonyyin8524]

India is a country of the future and always will be.

[@kooisengchng5283]

Ashok Mody, an Indian economic professor at Princeton, has written a book called India is broken. Jayant Bhandari also said about the same thing. India will not go further because of issues at home eg, racism, caste, political quarrelsomeness, religious radicalism esp Hindutva etc. Every day there are clashes between Hindus and Muslims. India will always be chaotic because they have issues that cannot be resolved.

[@havaianuu]

This video will not age very well, give it a year and come back to it. China is in big trouble, the fact that China may have a Trillion dollar surplus is like saying that China has a mile long patch to cover a two mile hole. Real estate is down because it is overbuilt and people are losing their jobs and are starting to not afford to pay their loans on what was a ponzi scheme.RE is down between 10% and 50% drop in prices. Youth unemployment is at a record high, that China quit publishing it back in June. People with masters degrees are delivering food to survive. 3527 people with masters degrees applied for a single job. When people are unemployed they can pay their loans, the banks will suffer losses. Local governments depend on land sales, actually their sell leases, because of a glut in RE, and they are cutting public servants wages 20 to 25 % and laying off to boot. They are trying to sell bonds to pay old debt, just making the financial hole even deeper. Exports are down and imports are down also. FDI is weakening, lowest in several years, and capital outflow is increasing. About 90% of car companies are going bankrupt and when the EU applies tariffs the rest will shrink big time. The CCP has been given large subsidies to car manufacturers and big subsidies to buyers, both subsidies were actually higher than the cost of the car, so car companies opened subsidiaries that bought the cars, so the car companies made more money than actually selling the cars to the general public and then the car companies took the battery pack off the cars and got more subsidies from the CCP for building "new" cars. There are lots with 10 of thousands of cars just parked there, being overgrown by the weeds. Hospitality is in a horrendous state because tourism is down by over 90%, more like 98%. If all that wasn't bad enough China considers a national security threat to say anything negative about the economy And then there is the new national security that any business can be accused of breaking and their CEO's be thrown in jail. Plus the CCP is demanding of their rich folks to hand over 20% of their wealth or get audited, read go to jail. Bullet trains are running huge deficits, overbuilt and lack of passengers Moody's just downgraded China from stable to negative. This is a partial list of China's woes. Yes China is doing wonderful, no doubt. See you all in a year.

[@xfactor6099]

And USA /EU woes?

[@ScoobieDoo-zy1rh]

We are in month 5 and things look about the same

[@xfactor6099]

You definitely wont age well by that time either😂

[@havaianuu]

@@xfactor6099 Talking from your own experience?

[@letsgobrandon4429]

Hahaha. You make up so much stuff. Go get a life.

[@syko670]

This will age like milk

[@xfactor6099]

You definitely will when you get disappointed