[KMF2023] Chinese New Economy and Globalisation - The Sequel - Dr. Eric Li

Khazanah Megatrends Forum 2023
Feature Address by Dr. Eric Li
2 October 2023 (Day 1)
Mandarin Oriental Kuala Lumpur

[@micsp1]

the West is rich and developed today, not because of capitalism, not because of democracy and separation of rights, but because of centuries of colonization and the global order they made in favor of them.

[@tonytan6547]

exactly!

[@jenniferho5183]

It's so true.

[@fannyalbi9040]

to be more direct, robbery and slavery

[@bl5608]

The west is rich, because they have the better weapons. The rich are getting richer and poor are getting poorer because of Capitalism. Focus too much on profit, but forgot about its people. There is no perfect system only suitable. China system only works for china due to unique history and circumstance. Not exportable. Every country is different.

[@wyz9815]

Soooooooo true!!!!!! Neil it!!!!👍👍👍👍

[@hongqi5734]

Anyone who still believes that BRI is a debt trap should have their head examined and come out of the investment business.

[@wyz9815]

Also have their mind and conscience checked, West hate to see Global South doing well, it challenges their sense of superiority.

[@thisiskevin1000]

Wasn’t that term first coined by one Hindutva (far right Indian) economist?

[@hongqi5734]

@@thisiskevin1000 You are correct. Most Indians have always been jealous of Chinese achievements, especially the nationalists.

[@peterwilliams7335]

@@hongqi5734 How come Indians and other Asian countries don't jealous about developed country but they do jealous about China. Why? How stupid that is. Western countries don't do that each other. They are more united. China never act like the control freak or dictator to other countries like the US and other Wester powers and Japanese act.

[@wewave23]

Eric Li analysis is so original. Unlike those so called western 'China expects', including kevin rudd are nothing more than parroting western overused cliches.

[@monipenny408]

U$ "experts" find it easier to just blame everything on commie state.

[@gohsiewhau4819]

Those so called China experts are self-declared...no substance for some of them, fake certifications too 👀🧐 to earn 🤑💰🤑💰🤑💰

[@djtan3313]

Yes

[@edwinchoo7831]

Kevin is a dud..... Doesn't mean you speak Chinese, you are in the loop.

[@wewave23]

@@edwinchoo7831Kevin talks like the typical Aussie anglo that he is, sprinkled with dose of Mandarin words to showcase to his audience he 'knows his stuff'. Michael Pillsbury also tried the same trick but straight off can see his bluff. .

[@ssss8162]

Eric Li is simply outstanding. Would love to hear more of his debates and views.

[@jascforfun7576]

He's been cancelled by Western media, which is unsuprising.

[@wewave23]

​@@jascforfun7576When western media has the likes of Gordon Chang and serpentza, who needs Eric Li?, LoL

[@jinyaoye5832]

Don’t bother reading Western medias. Bunch of hypocrites

[@philipwong895]

The Belt and Road Initiative is essentially the United Nations without the G7. All countries are invited to join the BRI, but the G7 and their allies refused to participate because raising the standard of living for poorer countries is not in their interest. While the G7 accounts for 10% of the world population, it constitutes 60% of the global budget deficit. The West is isolating itself from the majority. The West: Farewell, free trade and supply-chain efficiency; welcome isolationism and nationalism. The US is leaving no knees untouched in its Tonya Harding competition strategy.

[@nmew6926]

With BRI the world will be less dependent on G7. US ability to bully other nations with sanctions will be reduced. Imagine Africa with the largest surface area of fertile land being the food basket of the world

[@Lwazilwentuthuko]

With people like Dr Eric there is no stopping China

[@htho14]

I have followed Eric’s analysis of the world’s financial/economic and geopolitical system vis-a-vis China’s during the last 10 years, and have found that his economic and political insight of China have turned out to be largely correct. Thanks again for an in-depth presentation of the current situation confronting China and the global south exerted on by the hegemonic West.

[@zenlei8258]

Eric talk BS nonsense. He know nothing about economy. China rise is supported by Wall Street elite greed. Without Wall Street elite support, China economy goes down.

[@Personne119]

Really? did you see his interview from a few years back on the bright future of the Chinese real estate sector?

[@xya6530]

@@Personne119any link to the interview?

[@TruthIsInHereAlways]

@@Personne119 and Chinese real estate sector STILL DOING FINE....IF U re NOT into ur anti-China Evergrande bs..coz they are NOT about real estate BUT s SCAM.

[@calvyncraven1141]

​@@Personne119Eric has never talked about Real Estate

[@OppoA17k-uy7qg]

As always Eric is in his element when discussing politics and economics, especially about China.His views are refreshing, thought-provoking and absolutely brilliant.

[@angsiuhong3408]

I have pride in my government. From Singapore. Peaceful and safe. A predictable government.

[@spidermann1256]

Eric Li shows why the PRC's philosophy for long term development has more likelihood to succeed than the various chaotic models of the West. A most illuminating presentation - thank you.

[@zenlei8258]

Are you sure China have the right formula for success? Why China economy growth failed in 1989 which lead to Tiananmen incident ?

[@spidermann1256]

@@zenlei8258 IMO, their 5-year 'rolling programme' strategy has been broadly successful since Tiananmen, so basically their track record demonstrates this.

[@dannytadashi4235]

@@zenlei8258of course we are sure dummy HAHAHAHAHA LOL 😂😂😂😂😂👍👍👍👍 !!! Love my awesome and beautiful China always 💕💕💕💕🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳 love Vietnam 💕💕💕🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳 love Thailand 💕💕💕🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭 love Laos 💕💕💕🇱🇦🇱🇦🇱🇦🇱🇦🇱🇦🇱🇦🇱🇦🇱🇦🇱🇦 and Russia💕💕💕🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺!!!

[@zenlei8258]

@@spidermann1256 After 1989, China economy was helped by Kissinger. The Wall Street and HK oligarch elite bought many assets or properties using proxy after 1990, which are dirt cheap. Then in 2000 China suddenly get privilege to export to US tariff free, due to Kissinger influence on Congress. So those HK oligarch and Chinese princelings make free easy money after 2005, when China economy grow very fast due to strong FDI into China from 2001 onwards. There is no such thing as 5 year rolling program after 1989 failure. It was all planned by Kissinger and the Anglo oligarch to make free easy money by the 100s billions within 10 -15 years Go find out wih Rothschild meet Wang Qi shan in 2006.

[@DailyGPT365]

@@zenlei8258its because they do not understand the work that the government is trying to do. Just like you now

[@richardteo1886]

It is sad that there are still people despite the mountain of evidence to the contrary, keep going on about "debt-trap". This is more telling in such a Forum by Khazanah where attendees are cream of investors / policy makers, etc that could not take upon themselves to seek the truth!

[@chongdi6140]

Sadly these so-called cream of investors have needlessly sold their souls and pawned their brains to the US/Western anti-China narratives

[@fannyalbi9040]

the last who questioned it apparently is a classic whitewash asian, as mr li politely replied, “they control the media”, another words, you just accept what the mainstream media shoved into your head? if so, gullible fool she is.

[@wyz9815]

For the West, facts and evidence are not what they care, smearing and trash China down are.

[@bartonlee3594]

Death trap definition is like what happened to Mexico, etc. China is not that. We are socialist, not capitalist.

[@jamesl.o.h.6000]

Dr. Eric project pragmatic & good long term views on these issues. I like his calm & logical sense & professional view points

[@iqbang9236]

Eric Li points out a key secret of doing business in China: read the five-year plan.

[@victorkmlee]

The last questioner raised the issue about 'debt trap' being associated with the BRI projects. Eric Li just shrugged cynically at the ignorance of this accusation which is essentially propaganda (a term first coined by an anti-China Indian political scientist Brahma Chellaney). Academics like Deborah Brautigam who have done detailed analysis of this issue have disproved these 'debt trap' myths.

[@dthomas99]

What about G7 Poverty trap? Keep others poor, in chaos, wars, conflict so they can rule forever?

[@Kiss_MyAss]

Eric Li rightfully laughed off the "debt trap" question because only the ignoramuses, brainwashed by anti-China Western propaganda, still believe this shit! As an example, Sri Lanka, a place close to home of the generally China-hating Indians. China's loan was only 10%, the same as Japan's loan. Yet only China "debt trap" caused the economic collapse of Sri Lanka! Heck, what about the non-China loan, which was a whopping 90%?! To those ignorant China-haters, that 90% of Sri Lanka's total debt didn't cause Sri Lanka's collapse but it's China's 10%! See what stupidity can hatred can lead to? 😂

[@rap3208]

Everybody should actually find it ridiculous if they just think of it by themselves and not let their dislike of China affect their thinking. Debt trap means all the 152 nations out of the 195 nations in the world are stupid because they signed up with the BRI.

[@peterpph126]

It shows how good the western msm brainwashing is & so powerful even some supposedly well educated individuals would simply buy into the narratives.

[@wewave23]

The IMF has just said there is no debt trap.

[@judyng6266]

Thank you Dr. Eric Li. I have been waiting and searching for your latest podcasts, finally it happened. As always, outstandingly done!

[@samliew6610]

Dr. Eric Li 👍👍👍 The liar Gordon Chang 👎👎👎 is a great joke.

[@level1selamat155]

Actually, he is an asset to China by giving his audience negative narative and let them be happy instead of envy and being spiteful

[@peterchan3889]

I brought Gordon Chang book "Coming Collapse of CHINA" the bullshit guy. I burnt the book, got cheated never, never buy his book again his reputation ruined.

[@pkwong1940]

Ah ha! You also noticed Gordon Chang as a joke! Well done! You are so correct!

[@michaelhuang7842]

@@pkwong1940 Gordon Chang has never been to China, and he spends his days at home analyzing China through data and Western news.

[@turtlesoup8134]

@@michaelhuang7842 Gordon, don't analyze, he write fictional stories.

[@tuyolento3295]

Eric Li is one of the smartest political and economic commentators in the world today...his views are so thought provoking and he always give you a refreshing look different from the western mainstream media. We can always learn something from him and i look forward to more talks by him. He also has a knack of answering questions...one can never catch him flat-footed...his answers are so eloquent.

[@GMATveteran]

Eric Li is always a breath of fresh air.

[@RezaRob3]

One of the most important talks of the decade, or century(?!).

[@odysliu9102]

My mother always say, the ppl who are doing the work always get critized by the ppl who are talking only. Look at those brainwash media and their questions (like debt trap...), she is damn right.

[@MJTUEN]

Eric Li is always honest and accurate in his analysis. Do welcome him back. Thanks for sharing.

[@lamrof]

Been looking for his recent speeches, found one here. As usual crisp as a morning dew.

[@audreywoo3363]

❤ great speech Eric! You impressed me again!

[@midwestmeiliguo]

Most of us can only see the symptoms of the problem. Eric Li, however, can always go straight to the core. I have been wondering what's going on with China's economy since the Covid restrictions were lifted. Eric has sorted all out for me. Great video!

[@williamc9578]

Another fabulous set of insights from Dr Li. He probably articulates China's role, positions, intentions, concerns on Development, internal and Globbal, better than anyone out there with a pulpit.

[@gl7252]

You can always depend on Eric Li for very good insights and perspectives based on data.

[@mohmeegaik6686]

Jia you Eric Li - amazing thinker.

[@RohankrishnaB]

Love it

[@CJ-sg3fc]

Super smart man.

[@jantarasjear9714]

You have such an outstanding world view analyzing, love to listen to your lecture and thought.

[@Vicky-Blue]

Wow! Impressive presentation

[@longzhang3268]

Eric Li is one the smartest businessman in the world! He has not only solid theoretical knowledge, but also real practice on business and economy. It is joyful to learn his analysis.

[@egouniverse]

"One of the greatest imperfections that China faces today is that we cannot go out and get ourselves a bunch of colonies." Hear, hear.

[@shuli6021]

China would have a very large colonie if we want to..but we are not that uncivilized like some countries from the west

[@mtuntun9742]

It is amazing when Dr. Li is talking about what future success requires for China and the global south, some of the questions from the audiences were more based on the past experiences and events! It is more important for global south to move upwards in value added column together with China to sustain the globalization and enjoy the fruits of multipolar world. Thank you Dr. Li for opening our eyes and how to see and think for the future.

[@tien7742]

👍💯🌹to Dr. Eric Li..

[@angsiuhong3408]

Yes, I also watch Mr Eric Li. Singaporean should tune in. During Trump tariff China high high. At one point, someone say follow Singapore and he replied, ah Singapore is so small. He defended China with his indepth knowledge of China 5000 history. See.❤❤❤

[@wewave23]

Singapore is nothing

[@zenlei8258]

@@wewave23 Singapore have $4.9 trillion foreign money parked in Spore banks. You are talking nonsense.

[@wewave23]

@@zenlei8258 That's where they laundered money. So, Singapore is nothing, filled to the brim with foreign pirates' loot.

[@Orwellian-Purple-Grapes-1984]

​@@zenlei8258Singapore is a city state. It's good at what it does, but to compare it to China is like comparing an apple to an orange tree. It's more accurate to compare Singapore with any one of the Chinese 1-tier cities.

[@zenlei8258]

@@Orwellian-Purple-Grapes-1984 Singapore are first class city and not a single Chinese cities can match the vibrant and cosmopolitan style of Singapore. Even HK lose to Spore in terms of city planning management.

[@jinyaoye5832]

Absolutely BRI is brilliant and far reaching foresight! Isolationism only isolates the envious.

[@michellewong4774]

As usual, it’s always a pleasure to listen to Dr Eric’s presentation . Thank you

[@jjl6094]

well said, small yard big world!

[@annkoh8653]

Dr Eric Li's talk is always insightful & honest. Now, I hv a better understanding of what's going on in China in terms of their economic goals & policies.

[@Amidat]

Brilliant mind. It is always great to hear him give speeches.

[@riceballlegend7757]

Great job Eric!

[@yingliao7076]

China needs more economists like Eric, who could always looking into the problems with a positive view and to find solutions . Like his understandings of history and long term visions of the world.

[@loubrooks3344]

I enjoyed that what change after hearing all the doom and gloom in the world

[@MsLodoss]

bravo Dr Li, yet another great preach, this one is my favor second to your ted talk "Eric X. Li: A tale of two political systems"

[@jademoon1530]

Please enable cc subtitles for the deaf and hard of hearing folks. Thank you.

[@user-cd8tb6if3j]

Amazing talk from Dr Eric Li,full of insight and knowledge ,he sees the future ,particular the global south versus the old Anglo-Saxon World of Colonization

[@faf20134]

Thanks to Dr Li for this very interesting presentation 👍

[@Jellybean-gz4cj]

Excellent presentation!

[@jackiechen6034]

Eric never disappoint me😊

[@pisablavatsky-cb3dd]

Very brilliant man👍

[@CarlRoberts-ji8mw]

Dr Eric is a icon Ecconimic consultant.that.america.has no match for him and his vision of politics ❤❤❤the truth ❤❤❤

[@rickzeng1882]

Eric is damn good, being able to articulate the strategy and philosophy behind economics, politics, and propaganda.

[@mickdhawan9037]

Sage analysis from one and only Dr.Eric li. Pity your interviews are so far and few

[@zhuangdavid5037]

Well said

[@tyko2686]

Well done to the organizer for bringing alternative perspectives to the global scenario vs the western mainstream narrative and let the audience decide

[@whitemoon5752]

Eric LI is epic..thanks for posting this.

[@Diderot68]

Great to hear from Eric again

[@wells1354]

Eric Lee always uses his so smart, clear, and easy way to tell the China story

[@jamesl.o.h.6000]

How I wish there are subtitle for this kind of talks.

[@tommos1]

Fantastic presentation.

[@ZenLH]

Small yard vs Big world. Excellent presentation 👏👏👏👏👍👍👍👍👍

[@tapak8330]

Mokadih eric atas dialog vidio ini bisa memberi wawasan yg luas buat yg mendengar vidio mu❤❤

[@jeanhuynh8548]

Fantastic, We want more interviews and presentations from Dr Eric Li!

[@rationalthinker2200]

What good insights....rather than always from the US and Western media viewpoint on how and why they should continue their dorminance and exploitation of the " Colonies" ...under new guises and schemes.. A multi polar world is the only way to stop "colonization" in its new format...and level off some of the crooked playing field....

[@aetiusflavius3853]

Hats off to Eric Li!

[@huachew80]

Talent remarks

[@user-el6mb2qk3q]

26 - 27 min...Realism over idealism!! Impressive and profound thoughts on imperfections... Eric Li, (Let me tell you, ) "The greatest imperfections that China faces is that we cannot go out to get ourselves a bunch of colonies" and that plays a big role that makes us so perfect for England.!!

[@georwoogle]

👍👍👍

[@jeanhuynh8548]

Awesome presentation Eric Li!

[@RobinsWood1]

TQ Eric we need to hear more of you! Their definition is loud and clear the garden and the jungle! A parody way to put this...if the gardener did not take from the jungle - how on earth can he build his garden,right? Overtime his artificial garden deteriorated so the gardener return to the jungle and wanted more. Time has change - to his surprise this time there is a gatekeeper he tell the gardener sorry sir, not this time! but I've got rules base order, reply the gardener. Gatekeeper I hear you but njet means njet sir!

[@kemisoremekun4887]

A thought provoking talk about a changing world from an interesting man. He offers a different perspective to the usual ones provided by the pundits in the small yard countries. I like it.

[@liewchintong2235]

Very interesting and thoughtful outlook.

[@Organized82]

Did not expect Dre’s Next Episode to be his walk out music 😂

[@peterwilliams7335]

China is changing for the better . During this transition period, it is normal for someone losing jobs and others gaining jobs. With the correct direction is set for China’s development and modernization, I am not worried about China’s future. In fact I am feeling confidence for China. Thanks for the US for pushing China to become independent and self sufficient faster.

[@anfasaboobacker4537]

❤❤

[@bunyoursoul]

Great insight and honest speech!

[@453chopinetudeandbachprelu7]

An eye opener to me

[@0204Gu]

❤

[@peterwilliams7335]

Most logical and comprehensive analysis of current China’s situation. This is so much better and constructive than those pure propaganda from the western scholars and so called China experts have done so far.

[@KoushikSekhar]

10:40 Problem with current structure of economy 17:17 Way forward ? 24:20 capital has to be forcibly shifted from old pillars to new pillars

[@cyrilharris]

Interesting man

[@shanes9289]

Great insights to Chinese economics. I wish we could all achieve prosperity peacefully. Thank you, Dr. Li.

[@ollyr_3710]

I LIKE IT !!!!

[@user-fiF5ei8tyah]

Wow... I miss this guy... Lets listen. Its gonna be interesting

[@userngot]

I have suggested to people interested in China's development to read the Brundtland Commission report "Our common future " as a backgrounder.

[@bartonlee3594]

Happy that Dr. Lee supports the Chinese people's new embrace of socialism with Chinese characteristics, which call for slower economic growth and greater party control. Dr. Lee is now a good venture "socialist" and has stopped believing foreign propaganda.

[@monkeyking-self-proclaimed7050]

I'd give up some of my good looks to be half as amazing as Eric.

[@sportsonwheelss]

Got to love the last slide with small yard big world. LOL

[@hongqi5734]

BRI is a one-in-a-lifetime opportunity for the Global South to develop and the G7 and India will try their utmost best to undermine it. India has joined the G7 camp and thrown a spanner in the project due to its jealousy of China and also for its loss of control of the economy of its neighboring countries that India has maintained all the years.

[@parhhesia]

Gotta love the 'smoke weed every day' intro music at 3:40.

[@romliahmadabdulnadzir1607]

Although there are great differences between Chinese dialects, there is one thing in common - they all have the same writing system based on Chinese characters. However, the same character is pronounced differently depending on which dialect a person speaks, and further research has shown that too many dialects are related to the alphabet-based or "alifbata" dialects of Malay. A good example is that Yahweh was the god of the ancient Levant and the national god of the kingdoms of Israel and Judah. Although there is no consensus on the origin of the god, scholars generally agree that Yahweh emerged as a "holy warrior" first associated with Seir, Edom, Balaam, and Teman, and later with Canaan. 1:53

[@BlueBirdgg]

Best talks on Chine I've seen

[@user-ii4es8zy4d]

Just take a long look if you have any lingering doubt the standing of Chinese high school students in the PISA since the guage was instituted.

[@minhng7208]

8:00. The core does not posses economic resources per se. It gets almost all it needs and wants from the peripheral via unequal exchanges

[@shiulai5804]

Excellent speech. Is this speech available in Chinese? I would like to share it with non English speaking Chinese.

[@kathri1006]

As long as they keep the spirit of serving honourable, celebrating it, get the best and the brightest to teach, to do medicine, come to politics, keep education, health care cheap, then you will inovate, and succeed. Keeping a meritocracy going and keeping curruption liw will help as well.

[@JenHope883]

Pluralism , diversity means more Innovations.

[@user-kq9fj9dx1j]

👍👍👍💪💪💪💪

[@picandvideo]

Hegemonic regime doesn’t read foreign documents. 😏

[@hanni3728]

Small yard high fence, small yard big world. Nice!