Economy: Chinese Economic Reform is Off the Table

Рет қаралды 23,042

Күн бұрын

Elizabeth Economy, Hoover Institution Senior Fellow tells us why economic reforms are off the table following the 14th National People's Congress.

Пікірлер: 140

@amunra5330 2 ай бұрын

As soon as the host announced Hoover institute I could not listen anymore.

@georgegao1202 2 ай бұрын

She is so biased I stop reading her long time ago. Bad for Bloomberg Wall Street Week, a show I respect, to host her. Kyle Bass next?

@waynegore5291 2 ай бұрын

The look of Ms Economy is very economic.

@punlam6740 2 ай бұрын

The always collapsing country.

@shigai9727 2 ай бұрын

The always predictable “Hoover Institution” opinion on China

@levelazn 2 ай бұрын

china is collapsing upwards

@3066961 2 ай бұрын

3:36 "the few that still remain" that says it all ...

@ArabicReja973 2 ай бұрын

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?

@DW-op7ly 2 ай бұрын

Yes China needs foreign aid Even though China has invested trillions in their belt and road partner countries China exports are up 7.1% In 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts

@arvintingcn 2 ай бұрын

辛苦了机器人先生，周转在各大英文媒体忽悠不知情的人，不过时间会证明谁对谁错

@layheon 2 ай бұрын

Stupid bot you are----spreading dated misinformation--shd really be replaced by a real bot which is less expensive in the long run and maybe smarter

@Christianzionest 2 ай бұрын

Prayer of Salvation Dear Lord, I admit that I am a sinner and have done many things that don’t please you. I have lived my life for myself only. I am sorry, and I repent. I ask you to forgive me. I believe that you died on the cross for me, to save me. You did what I could not do for myself. I come to you now and ask you to take control of my life; I give it to you. From this day forward, help me to live every day for you and in a way that pleases you. I love you, Lord, and I thank you that I will spend all eternity with you. Amen.

@AhmetTekin101 2 ай бұрын

@@peterseth3296 That's included in the reduced export.

@AhmetTekin101 2 ай бұрын

Why bother analyzing bullshit?

@DW-op7ly 2 ай бұрын

@mariajiao4855 2 ай бұрын

You are the bullshit

@Christianzionest 2 ай бұрын

@AhmetTekin101 2 ай бұрын

@@peterseth3296 That amount is not enough to pay for China's debts in one quarter. Most China's debts are from citizens of G7 countries.

@AhmetTekin101 2 ай бұрын

@@Christianzionest That amount is not enough to pay interest for China's debts in one quarter. Most China's debts are from citizens of G7 countries.

@Stoneface_ 2 ай бұрын

Her last name is really "Economy"? lol

@user-fo2uh4rm5c 2 ай бұрын

She talks and talks without full data to support her allegations. There is just a rough chart. Derisking？ How？ Selfreliance？ Who？ In what way？...…Economy leader？ ….. .…Empty words!

@isorokuyamamoto8423 2 ай бұрын

that's how the western media works nowadays... kept repeating the same thing again and again and people will think that its true... lol

@stanbimi 2 ай бұрын

The American political system to replace the president and his administration every few years is wonderful. The election cycles are exciting & the politicians are like fine aged cheese. 2024 is a very good year.

@theartofancientegyptianmet1747 Ай бұрын

Amongst the reasons why America became a superpower is her access to free and near-free labor; first with slavery and collapse of European powers from the World Wars. One cannot eternally rely on free labor and wars to sustain an economy. I am afraid that a more inclusive and peaceful means of creating wealth must be developed here since people are rising and uniting against exploitive systems.

@jin_asap Ай бұрын

China's GDP quadrupled since the beijing olympics. QUADRUPLED. They have 30% of global manufacturing output. Leads in majority of critical techs. Highest savings rate, largest creditor nation, central govt spends only 40% of its tax revenue.

@g4agito16 2 ай бұрын

Biased reporting as always..😅

@Gikkeoi 2 ай бұрын

Cry more little bro China is done for

@jonesyng 2 ай бұрын

第一个女嘉宾总结到位，一针见血🎉

@3066961 2 ай бұрын

也是

@jimchen6236 2 ай бұрын

This woman, like most Americans, is really good at talking from both sides of mouth. She’s saying the security people in China is winning the debate. Then she says derisk means not helping them in their defense.

@phillip76 2 ай бұрын

She knows here audience. You are right that "derisk", but more like "decoupling" is driven by security.

@DW-op7ly 2 ай бұрын

Most Americans have no clue what they are up against with a decoupling The trade war should have told them that China has so many trade weapons it didn’t even pull out. In fact they were lowering tariffs with countries Btw Even though China has invested trillions in their belt and road partner countries China exports are up 7.1% In 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts

@eddios9018 2 ай бұрын

Funny she talk so bad things about China and yet America and Europe are putting tariff on goods from China This lady is a replica of Raimondo

@Liz-sc3np 2 ай бұрын

Thanks Reagan on taking the long view in nothing

@denisdufresne5338 2 ай бұрын

Is a great depression (as occurred in the occidental world in the 30's) can happen in China? They are so many companies moving their money outside of China to build new factories outside of China, will not create a huge surplus of production capacity in China that will lead to a great depression at least in China?

@rhena229 2 ай бұрын

What concrete steps this woman was referring to? Letting Wall-street bandits taking Tiktok with steep discounts?

@DW-op7ly 2 ай бұрын

CCP will not allow TikTok to go into western hands and allow their algorithms to be sold off It will be painful as the USA was 6 billion of the 14 billion TikTok revenue

@gooldii1 2 ай бұрын

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?

@DW-op7ly 2 ай бұрын

How many fake accounts you have Ahmed the Muslim???? 👇 Yes China needs foreign aid Even though China has invested trillions in their belt and road partner countries China exports are up 7.1% In 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts

@rhena229 2 ай бұрын

@@gooldii1good time to invest. When others are in fear, I’m greedy.

@huanghermann5207 2 ай бұрын

You repeat your statement too frequently@@gooldii1

@jackreacher8858 17 күн бұрын

At least economist Elizabeth says China properly and not Chyyynaaa !

@5133937 2 ай бұрын

So "Elizabeth Economy" is a real person, an economist, working for an economics think tank, lol. Is that her real family name?

@levelazn 2 ай бұрын

she is a NPC glitch

@lastChang 2 ай бұрын

In 2023, real China's economy shrank -3.5% as opposed to 5.2% expansion as officially announced. - So this year, they will just publish a 5% growth regardless of their economy.

@imfromisrael489 2 ай бұрын

where are u getting these data from

@kimeli 2 ай бұрын

no. its -.35% in exchange rate at the end of 2023 in USD, but in terms of RMB it did grow 5.3%, remember exchange rate fluctuates.

@rhena229 2 ай бұрын

Your source of data?

@phillip76 2 ай бұрын

LOL... You are desperate to the point where you are starting to make shit up. LOL...

@DW-op7ly 2 ай бұрын

@robertwang7825 2 ай бұрын

IMO China is

@juvezhang1715 2 ай бұрын

1,4 billion with their energy and good talent....how can stop them😂😂😂😂

@gooldii1 2 ай бұрын

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?

@DW-op7ly 2 ай бұрын

Yes China needs more foreign aid it’s still a developing country under the WTO… Even though China has invested trillions in their belt and road partner countries China exports are up 7.1% In 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts

@nntflow7058 Ай бұрын

That horrible grammar of yours just did. 😂 😂

@juvezhang1715 Ай бұрын

@@nntflow7058 sorry of my english...even my own language got 6 at school...

@nntflow7058 Ай бұрын

@@juvezhang1715 We could tell.

@jeffreyrichardson 2 ай бұрын

melindas divorce bills doppelgangers remorse aquafinas source

@lominiski 2 ай бұрын

Probably make sense to rely on itself, given what the US does.

@Gikkeoi 2 ай бұрын

Yeah please go back to the Mao era! China please go back to that era…

@lominiski 2 ай бұрын

@@Gikkeoi America back to the native Indians too.

@Gikkeoi 2 ай бұрын

@@lominiski you are the one moaning here, just go back to that era then 😂😂

@lominiski 2 ай бұрын

@@Gikkeoi Well, Joel Ka, you look like you are Chinese of decent. Some Chinese mother. But I doubt you can go to China. It is like how the bible says Jesus escaped to Egypt. Are you able to speak Chinese mr. Ka?

@RichardBrett899 2 ай бұрын

China is facing the same problems faced by the US. Most US commercial real states are being sold for $1.

@jrkr7357 2 ай бұрын

When did the US Western media have positive reports on China's economy since 20 years ago ? Western media keep praising India's economy for 20 years, but todday China's GDP is more than 5 times larger than India's .... And Gordon Chang has been claiming China's economy going to collapse since decades ago ....and it has become a laughing stock....

@aihong2971 2 ай бұрын

Lizabeth you are just so wrong and biased. China is booming where I live in the SouthWest. You are not an academic but a polemic.

@owenhoong88 2 ай бұрын

If you must know, Google 500 million budget for anti China propaganda

@nntflow7058 Ай бұрын

I think it's time for you to move to China. I bet you'll get better life there.

@larryconstantine1404 2 ай бұрын

Shit news 😂

@Gikkeoi 2 ай бұрын

Okay Russian bot, worry about your shit economy for now

@googlefacebookinstagram 2 ай бұрын

Wtf, witches on their way

@Christianzionest 2 ай бұрын

@elden6629 2 ай бұрын

She's talking out of her ass. There were clear diaplays of support for private companies.

@gooldii1 2 ай бұрын

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?

@DW-op7ly 2 ай бұрын

@dekierexaeda 2 ай бұрын

Why do they care about china?????

@haoruchen4216 Ай бұрын

Hoover institute? Haha what a joke. Might as well send VOA propaganda. Not deserving one minute of my time.

@weidongxu3698 2 ай бұрын

Bullshit 😢

@pacicinchiaricurri2236 2 ай бұрын

Ronald Reagan was such a dolt!

@JohnSmith-xc3zu 2 ай бұрын

Don’t listen to her nonsense if you are a trader. Financial markets do not run on economic theories and ideological bias. Look at the boom of financial market in Germany, and China should have collapsed by now.

@gooldii1 2 ай бұрын

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?

@DW-op7ly 2 ай бұрын

How many fake accounts you got Ahmed?!! Yes China needs more foreign aid it’s still a developing country under the WTO…😂 Even though China has invested trillions in their belt and road partner countries China exports are up 7.1% In 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 - Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts

@JohnSmith-xc3zu 2 ай бұрын

@@gooldii1 Thanks for the stats, which gives me stronger conviction that China is a good buy right now. In case you missed, money is coming back to China’s financial market. I am gonna start with a small position and go from there.

@gooldii1 2 ай бұрын

@@JohnSmith-xc3zu ?? China is a mess! A communist State, desastrous Demographics, and dictatorship.

@gooldii1 2 ай бұрын

@@JohnSmith-xc3zu bot alarm!