CGTN Europe interviewed David Mahon, Executive Chairman, Mahon China Investment Management
Пікірлер: 223
@angrydad1907Ай бұрын
That’s so weird…. For the past 30 years I’ve heard how the Chinese economy will collapse.
@ranjusranjus143Ай бұрын
Yesterday a popular Indian youtube channel proclaimed that Chinese banks have collapsed
@Bav_arАй бұрын
You're probably a the economist reader 😂
@georgewilder7423Ай бұрын
@@ranjusranjus143 No... I don't believe it!! Indians don't lie, do they??😂😂
@bopian8913Ай бұрын
@@ranjusranjus143 You can trust snakes to tell the truth.
@discoverchina1885Ай бұрын
same same haha
@AIPretendingToBeHumanАй бұрын
208.81B drop in imports -- "Sign of Weak Domestic Demand" or an alternate explanation may be local companies are replacing foreign imports. I'm not an expert but I can imagine a Chinese consumer buying a 15k car, instead of a 25k European or American import and putting the 10k in the bank. It might look bad on the China's GDP number; but the consumer would be happy. As a US citizen, I wish I had that problem -- but the only option available to me is a 40k Tesla.
@kl9518Ай бұрын
All my friends and relatives in Hong Kong are buying Chinese products. They are just better quality and value now. BYD, Volvo, Polestar, MG, Xiaomi, Huawei, Dji, Lenovo
@matsmcmatsАй бұрын
Wishful thinking. They are hoarding their cash because the future looks kind of uncertain.
@KayyHongАй бұрын
@@matsmcmats --- and you are going into debt big time because the future looks bright for you???
@KayyHongАй бұрын
Your alternative explanation is the right one. Why western analysts focus on the negative and ignore the positive as far as China is concerned?
@user-lb4yx1ms5fАй бұрын
@@KayyHongBecause they are sour grapes unwilling to accept the reality that China is now successful. Thus they are embarking on a campaign to bad mouth China so as to blind side their own constituents from their own pressing domestic problems.
@PhilipWong55Ай бұрын
If one country adds 10 billion dollars of debt daily while the other gains a trade surplus of 3 billion dollars daily, which country is broke?
@donttryitjohn36429 күн бұрын
If one country posts record surpluses then other countries must absorb those surpluses. The US has played that role for decades now. China has exploited free trade for a long time now to pursue their investment-led growth model. That will change in the coming years as the rest of the world is fed-up with it. I love how you glorify making things and sending it to other countries for IOUs that will just be inflated to near worthlessness. Don't be naive and see the world for what it is not what you want it to be.
@EnfinauniversoАй бұрын
China used to spend more on imported chips than imported oil. That could be part of the reason.
@thisiskevin1000Ай бұрын
Today, and in no particular order, electric vehicles (EVs), solar panels, machinery and equipment, semiconductors, aircraft components and aerospace products, chemicals and electronic devices are the biggest source of exports.
@izajahmed8863Ай бұрын
Chips are being made locally.. still not at the level to demand but it's gonna be there in 2-3 years.. west self destructing and there is no way they can compete with china as they keep prices exaggerated
@ZweiZwolfАй бұрын
At the rate things are going, China won't be importing much of either by the end of the decade. China's got a LOT of chips capacity coming on line over the next few years, and imports of older chip tech are collapsing. Samsung is already seeing big revenue drops, and we're starting to see the same at Intel, Nvidia and Qualcomm. This will accelerate even further as China continues to push 5nm and more advanced nodes, further reducing the range of what China needs vs what the West is allowed to sell. As for oil, China probably hit Peak Oil last year and their renewables and nuclear push is going strong. Last year, China added more solar than the rest of the world combined. This year, China has twice as much solar & wind under construction as the rest of the world combined, along with more nuclear approved and under construction than anywhere else.
@willengel2458Ай бұрын
South Korea used to have a trade surplus for the past decades. SK had a trade deficit with China last year? China no longer needs to buy 14nm and above because they can produce their own.
@Spiderryder-Ай бұрын
Weak domestic demand? China is a manufacturing powerhouse, why would they even need to import much? This reporting is always a pain to watch
@scientistlarry6313Ай бұрын
China does not print global reserve currency. So it is trying to increase export and reduce imports. Using US method of printing money and buying goods, it is a non-starter for China.
@wnklee6878Ай бұрын
Probably China sells the US the paper to print the money.
@ssuwandi3240Ай бұрын
They did very recently thru $50, billion bonds issuance 😊
@ssuwandi3240Ай бұрын
Plus adjusting the mid point daily in Yuan conversations. Dollar got zero manipulation like your beloved foreign country
@billinsf88Ай бұрын
@@ssuwandi3240but the bonds issued wasn’t used to support a deficit like your “beloved country”🤭.
@SaretGnasohАй бұрын
@@ssuwandi3240 yet your “beloved country” keeps deficit
@gliu1431Ай бұрын
China imports less semiconductor chips (7nm and above) because they can now produce them. This going to reduce total import amounts.
@souria1671Ай бұрын
Bravo 👏👏 à la grande Chine 🇨🇳❤️❤️
@morganangel340Ай бұрын
Considering chips where the main imports, and China replace more and more imported chips, no surprise imports fall.
@danielli9167Ай бұрын
That is what I think too.
@jason-us8pcАй бұрын
WHO IS THE CHINA EXPERT THAT SAYS CHINA IS COLLAPSING?
@Luming-di9rfАй бұрын
The same expert who says the the US economy is at its strongest it's ever been.
@Paul-H-Wolfram6608Ай бұрын
Gordon Chang. 😁😆🤣
@Lansing_EightАй бұрын
Palki Sharma
@GaryL-kn4vxАй бұрын
@@Paul-H-Wolfram6608You got it😂
@xabiermorales7781Ай бұрын
I know one guy that has been saying that China is colapsing for decades. Gordon Chang lol
@petergreen5337Ай бұрын
❤Congratulations to China
@chanbengfoo342Ай бұрын
Imports slow is not because of less Domestic consumption Luckin instead of Starbuck Li Ning instead of Nike
@supa3ekАй бұрын
Stuff you guys........im learning chinese !!
@rolandeyezzАй бұрын
It could be weak demand, or Chinese people may choose to buy local
@Kingofthehill84Ай бұрын
No, local demand are down.
@kamsunleong6648Ай бұрын
@@Kingofthehill84 One of the possible reason. But not the main reason. People still need to live and work and consume.
@Kingofthehill84Ай бұрын
@kamsunleong6648 Chinese economy is going down just like the rest of the global economy that's why the local demand are down worldwide.
@wonkothesane7000Ай бұрын
@@Kingofthehill84 The growth in demand is down, not the demand.
@sanzhang-tx1zmАй бұрын
@@Kingofthehill84 我滴妈呀,就你们外国人整天污蔑我们,谁还买你们的产品
@billinsf88Ай бұрын
If China is banned from purchasing semiconductor chips, wouldn’t that reduce their imports?
@danielli9167Ай бұрын
simple logic. I can not believe that some people do not have that logic in their head.
@ZweiZwolfАй бұрын
They're generally shifting to 'unsanctionable' and patriotic domestic suppliers at lower cost vs expensive Western brands. It's a macro trend across a host of consumer goods, from automobiles and energy to coffee and clothing.
@sanzhang-tx1zmАй бұрын
我们的军事实力在这,你有什么资格禁止我们购买,更何况我们能够自己生产
@tianjiang8176Ай бұрын
Hahhaahahhahahahhahaahahahahhaahahhahahahahahahaahhahaahahhaahahahahahhahahahahahahahahahhahhahahahahahahaahhahahahahahahahahahahahahahahahahahahahahahahahahahhahahahahahahaha I thought China was going to collapse? 🤔🤔
@henryyuen5224Ай бұрын
😂😂😂
@leondee918Ай бұрын
China has been collapsing for decades, according to them
@DucaTechАй бұрын
Drop in imports is due to export control of advanced semiconductor chips by US and China is building domestic ones. Otherwise they would have imported $400B worth of nVidia GPUs.
@akakakakakak3084Ай бұрын
No problem, US stocks market has created more than $400 billion in thin air😅
@JiidwagАй бұрын
China will just copy Nvdia chip, soon China will make far far more advance AI chips than Nvdia. China produces millions of Engineers every year, very discipline people while USA produces more idiots for Only Fans and Tik Tok shorts.
@kamalkashyap2496Ай бұрын
Well they produce everything domestically so they always in surplus
@VickyVicky-pe2qdАй бұрын
I'm favoured financially with Bitcoin ETFs approval, Thank you, buddy.$42,000 weekly profit regardless of how bad it gets on the economy
@AbelGrace-sw1ptАй бұрын
How is that? If you do not mind me, please 🙏
@VickyVicky-pe2qdАй бұрын
Lia Lorenzo has been my backbone since last year and has brought me many benefits.
@NickyThomas-di1xoАй бұрын
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@AbelBenjamin-yi6uoАй бұрын
Please, how do I connect with Lia Lorenzo? I would appreciate it if you show me how to go about it
@NickyThomas-di1xoАй бұрын
She is mostly active on what'sapk👇👇
@georgewilder7423Ай бұрын
Exports fell slightly cheaper as said...does that necessarily mean that things are slowing down in China. Chips were one of their biggest imports,so maybe China's becoming self -sufficient in that line so imports are down.
@bcychungАй бұрын
China 加油! 🎉
@pbworld7858Ай бұрын
BBC: Over-trading
@ceychungyu7462Ай бұрын
High tariffs is actually a free lunch to local manufacturers, who will include the tariff value to their local sales, every car sold will be a coupon value of the tariffs on vehicles sold. The losers are the consumers who pay the additional value. Never works, robbing Paul to pay Peter.
@ZweiZwolfАй бұрын
Huh? No, tariffs worked great for Australia's Holden motors. Also the UK's MG, Lotus, Rover, Mini, and Vauxhall. And Sweden's SAAB and Volvo. They're all doing just fine, right?
@richardt6980Ай бұрын
june imports fell because the demand for local goods has gone up. they are cheaper and supports domestic production
@_Tony.MontanaАй бұрын
And America add $1 trillion every 100 days on their debt.
@tedb5432Ай бұрын
Their imports are going down, as they have substituted products with own technologies, which are on par or higher.
@FredJones-lo2dfАй бұрын
We Westerners can never achieve the acumen of asiabs.we think we are a lynx, but are a kitty.
@DanBurgaudАй бұрын
USA, EU post record trade deficit
@othmanhassanmajid8192Ай бұрын
Better to learn from China
@FrankiePo89Ай бұрын
The ego of the white supremacy wouldn't allow it.
@henryyuen5224Ай бұрын
They are too arrogant to learn from China
@user-uy6yu6mm5rАй бұрын
Bravo China.
@antonmihoc410926 күн бұрын
You can not beat a country that plays the long game. We should learn from China, not try to stop them.
@kimoykalinago4154Ай бұрын
Weak domestic demands?? Is that code for self sufficient?? 😂😂😂
@bellhula1535Ай бұрын
Almost a 100Billion surplus in a month.
@jeffreystliowАй бұрын
China is importing much lesser Chips. They are cooking up big batches for themselves in their kitchens.
@skyw4278Ай бұрын
No one here has a clue LOL
@tonisetio989Ай бұрын
GOOD MANAGEMENT 👍
@dude-fk2rn21 күн бұрын
For sure that all Finance youtubers are talking about China collapse.
@user-pd3si5nb3zАй бұрын
Biscuit and a cup of tea story, it is something else, in the heart of their people, now educated and history conscious.you are in cleaners
@chatsoon6802Ай бұрын
what they can do iou paper products?
@henryyuen5224Ай бұрын
Are you still living in the past?
@timothychung4811Ай бұрын
Palki from 'Firstpost' says differently though. 🤣
@devyanilimaye856026 күн бұрын
If India considers China a friend/neutral, India should copy them even more, in summary India should copy China there is no other option if India wishes to be prosperous
@user-ks3bh1xe5qАй бұрын
This channel's info is lackadaisical. Imports fell because of massive export bans, like chips, to China. However, China has embarked upon concerted import substitution to overcome these bans.
@naar719225 күн бұрын
😂😂😂😂😂😂😂🙈🙈🙈🙈🙈joke of the year!!!
@louistan7560Ай бұрын
Good news before the Plenum.
@rezakarampour6286Ай бұрын
👍✌
@tonyatgoogle6076Ай бұрын
Blame ne, and my addiction to temu and AliExpress 😂😂😂😂
@dliu115Ай бұрын
The western guest in the early part seems like a foreign ccp loyalist
@dayveda3736Ай бұрын
Ok
@davidguthrie4724Ай бұрын
do not believe anything u hear nnd only believe half of what you see
@willybyun1834Ай бұрын
Lies
@therealdeal2163Ай бұрын
Keep thinking that China's economy is collapsing ...GDP numbers mean nothing to the Chinese ...China will keep advancing and progressing ...
@henryyuen5224Ай бұрын
😂 oh please if most countries are in trade deficit, where do you think the trade surplus goes to?
@MrRapperJdАй бұрын
Free the uyghurs
@sulittipid9945Ай бұрын
Free women in sports! No men in women's sports
@FrankiePo89Ай бұрын
Please go to Xinjiang to help free them. Bring along your love ones too. The Uyghurs need you.
@henryyuen5224Ай бұрын
Go see the truth in your own eyes rather than blindly believing what the biased media feeds you.
@MrRapperJdАй бұрын
china is cool but would be cooler if they would have : freedom of speech, democracy, human rights etc
@andrewhh7888Ай бұрын
China is not worse than US in term of all these! Meritocracy is at work in China. Chinese leaders are screened by the people and for the people. They serve all the people and not the top 10% as in the US.
@MrRapperJdАй бұрын
@@andrewhh7888 nah not true
@ensteffoАй бұрын
China is cool and it would be cool if western indoctrinated simpletons would gain an ounce of critical thinking skill and give up spewing racist washington propaganda lies about the countries with enough strength and self respect to be sovereign.
@sulittipid9945Ай бұрын
Worst in US in china you cann say the N word the G word and D word which you can never openly say in the US
@applebee9060Ай бұрын
@@MrRapperJd you’re really not up to speed. The world is very different now compared to the 60s. Best thing for you to do is to go there for a visit.