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

[@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]

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[@GoToZeMoon]

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

[@thecore_in]

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[@supertramp1692]

Great podcast! Keep up with this.

[@thecore_in]

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[@CMLiu329]

Thank you very much for this most insightful report.

[@thecore_in]

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[@dontaskmewhy100]

LVG is one of the most insightful persons on the China economy. No narrative no hyperbole

[@jaytan915]

Perspective, thanks

[@thecore_in]

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[@michaelchua3942]

Accurate analysis by Mr. Gaves, merci beaucoup!

[@thecore_in]

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[@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]

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[@andrewlim7751]

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

[@Jako8557]

very good, thank you

[@thecore_in]

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[@algae_rhythms]

Excellent!

[@thecore_in]

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[@ShaunKheng]

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?

[@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.

[@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.

[@wasimshaikh1665]

lol this must be red pill moment for the host. He wanted to get confirmation of Bloomberg article he came across. Instead got lessened in international trade and macroeconomics.

[@dontaskmewhy100]

INDIA seems to have the lowest FDI last year

[@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

[@KK-ij4mz]

Hope China avoid invest in Bharat as Africa is a better choice for next 50 years.