Thanks to CGTN to present such a wonderful interview. Professor Jin ‘s background and experience makes her understand better about China than west professors and Chinese professors 。now China is in a better position since 1800 from historic standpoint 。Also as a country, China is very mature with rich history and cultures. Chinese government always has plans (5 years, 20 years, etc), keeping an open mind ready to adapting new policy and making adjustments. I am very optimistic to Chinese government’s policies. (China’s big challenge is corruption at different levels of government officers).
@onestraw-zx1ph12 күн бұрын
This is such a dialectically informative discussion. Professor Jin's knows China's situation really well and her western education enables her to communicate her understanding of China to non-Chinese audiences very effectively. Yup, leisure should not be the privelege of the few who are increasingly parasitic and should be everyone's right. 谢谢。
@nancytai155010 күн бұрын
Yes, it’s important to have own economic policies & models that are best for China & not follow western economic theories.
@amunra533012 күн бұрын
Its always a pleasure to listen to Dr Jin- thank you for this discussion.
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
@peterhe788712 күн бұрын
Professor Jin is one of THE most knowledgeable economists in the world, especially in regards to China economy.
@YCHTT12 күн бұрын
No she isn't (I wish she was and I have carefully listened to her many interviews/forum talks for few years now) LOL, she is so indoctrinated by the West hence she can be a professor at LSE. And her saying @17:38 about "China could use a bit of inflation" is criminal.
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
@bennyc602112 күн бұрын
She speaks with depth and in sync with current situations and possible future outcomes. That is very helpful to me as a potential investor in China business. Hope to get more of these talented people to speak on your channel. 👏
@ewng875812 күн бұрын
I like some of the challenging asked by the host. Good job !
@ewng875812 күн бұрын
*questions
@jackreacher885812 күн бұрын
Brevity has a beauty all on its own !
@1o1s1s1i1e12 күн бұрын
Thank you both for this excellent discussion! Go BRICS!
@horridohobbies12 күн бұрын
The attitude towards "luxury" is changing because of massive improvements in manufacturing and productivity. Twenty years ago, luxury brands were attractive because they provided very high quality for which you had to pay very high prices. However, today you can get very similar quality for much lower prices. BYD and Genesis are about as good as BMW and Mercedes. Huawei and OnePlus are about as good as Apple and Samsung. The North Face is about as good as Canada Goose. And so on.
@thisiskevin100012 күн бұрын
Competition from both domestic and international brands
@Nope_156712 күн бұрын
No BYD is not better than BMW or Mercedes. Once you drive a BYD and then a Mercedes electric car you will feel the difference instantly…. But the Mercedes is also 8-15 times more expensive… that is the issue I think. The quality is still superior. Also should be since it is a more expensive car with superior technology (not talking about the battery) But …. Why pay 100.000 if a 10.000 usd car does the job as well?
@horridohobbies11 күн бұрын
@@Nope_1567 I disagree. The top end BYD is very, very nice. Mercedes has gone downhill somewhat over the years. Have you actually driven the BYD Yangwang U8 ?
@harbinger656212 күн бұрын
Good morning Keyu and Tian Wei ❤️🇨🇳🦾😇🌹👋
@camillenguyen466612 күн бұрын
Thank you both for the excellent interview
@andreastano792012 күн бұрын
Thanks for the insights. Young people in China are high educated and creative, I believe that they could do much productive in service sectors, building up service company related nationally and internationally. Building up new startups.
@rb101012 күн бұрын
As a retired 78-year-old man living in China with my Chinese wife of 5 years, may I purpose the Chinese Government REPURPOSE the 'Ghost Cities' into 'RETIREMENT VILLIAGES' for retirees from all countries that qualify by Government standards. So instead of just leveling the buildings losing the initial investment, make them useful to humanity. 🤑😇
@malin546812 күн бұрын
How do you communicate with your wife? Do you speak Chinese?
@jayceh12 күн бұрын
There will be 240 million Chinese people moving into the cities in the next 5-8 years so I wouldn't worry about ghost anything
@dunlongjian11 күн бұрын
Thanks for your observation, I want to plan a long trip to China too.
@stickitupyourasteric11 күн бұрын
America let's you leave for 6 months then you lose your SS benefits.
@malin546811 күн бұрын
@@stickitupyourasteric Incorrect. SS is not affected by where you live.
@MargaretDKnapp12 күн бұрын
I'm ecstatic with the outcome of the election and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with a 100K right now? My goal is to position myself for a prosperous Q1 in 2025.
@aarsethdiane85312 күн бұрын
Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan.
@kimtreasa12 күн бұрын
Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10% Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
@masangogabriel335612 күн бұрын
“DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% PLTR, 25% NVDA, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.
@thomaswhiddon912412 күн бұрын
pls how can I reach this expert.
@kimtreasa12 күн бұрын
I'll be kind to leave just her name here ''Monica Lisa Payne''. She's a renowned figure in the financial sector with over two decades of experience. I'd suggest you research her further on the web.
@stevenliew250712 күн бұрын
It has been quite a long time we have any of Ms Tien Wei videos. Ms Tien Wei is looking 👍👍
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
@whitemoon575212 күн бұрын
People will not spend if real estate doesn’t go up. All our funds like collateral for running a business and also including retirement is linked to it. She is right to say it is not like the west!
@eyteh981412 күн бұрын
It is exactly like the west. That’s why you must have loose economic and fiscal policy.
@bennyc602111 күн бұрын
There are many building management companies in China taking care of hundreds of millions of household. It is the best existing economic infrastructure for the government to direct funding that provide improvement and upgrading or uplifting in their living standards by providing them with local manufactured products, build in health facilities or iOT facilities etc etc. There must be tens of thousands of households improvement products in China. In that way the whole supply chain plus the service providers will lead not only better living standards but also push house ownership demand.
@danstenis66011 күн бұрын
If Chinese consumers are losing appetite for luxury goods, then they are more likely to invest in their health and we'll being. Chinese consumers are probably more likely to pursue fitness activities like walking, hiking, biking, skiing, sightseeing, picnicking, camping, traveling, outdoor activities, etc. Maybe China should invest in creating nature trails, multi-use pathways, restrooms, camp sites, charging stations, convenient stores, etc. for these outdoor activities.
@changiboy654312 күн бұрын
We are so lucky to have two such huge brains helping us to understand the complexities of the problems which China and every country in the world is facing. I listen to these two women and I feel I understand the problems the world faces a little more clearly; they have huge brains and take time to clarify issues, without evading the difficulties and uncertainties. I am very grateful to them. Another thing that is now even more clear to me: the difference between a political economy where political leaders intelligently discuss and plan to solve problems, making sure the solution is to spread wealth more evenly amongst the people; and a system where political leaders say they can’t do anything about recessions except cut spending and then plan for and coordinate a transfer of society’s wealth (that was pretty evenly spread in the 1950’s and 1960’s) so that 2/3rds of society’s wealth is owned by about 10% of the people.
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
@davidchou167512 күн бұрын
Very glad to hear her address the specious "overcapacity" charge and draw some subtle but necessary distinctions...unfortunately this was not dived into more here but still a good interview good overall. Surprised however to hear the hostess herself repeat the old China-lower-quality claim!!
@thisiskevin100012 күн бұрын
It is the time constrains
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
@RaymondLi60412 күн бұрын
Are we in trouble yet? I'm mentally processing their economic discussion while visually recalling the hair styles of these two competent professionals! 😅
@SafepathUS12 күн бұрын
Xiexie xiexie 🙏 👍 and thank you for your hard work and everyone's efforts every day for rapidly improving modernization and developments, technologies, and infrastructure for everyone's lives everywhere 💕 💞 😊
@sazali.786812 күн бұрын
Most enlightening conversation on China I've heard ins while. Prof Jin is a refreshing change from the old tired and stale Western analysts.
@gstlb12 күн бұрын
Um, this professor has lived in the west since the age of 14. I’d say she’s part of western analysis, just different from the ones you usually hear from, I guess. There’s plenty of intelligent analysis of China in the west. Plenty of crap as well.
@556MSL12 күн бұрын
What China would do well to focus on is its poorly served domestic demand for retail investment. China’s current half baked securities market is little more than a casino. This is the natural result of steering all capital into the banks, bonds and real estate. I was pleased to hear recently that insurers would now be able to hold stock. China clearly still has a lot to learn about capitalism and there are many opportunities for positive reforms.
@americaneagle7612 күн бұрын
❤
@roro-v3z12 күн бұрын
Keyu is soo pretty
@omgsam226312 күн бұрын
she explained the 'over capacity' very well. i cant give a better explanation to the western accusation of china's overcapacity.
@Paul-e9x4h3 күн бұрын
Dalam penyesuaian yang lebih fleksibel memang menjanjikan keberlanjutan perpartneran dalam waktu yang sangat langgeng
@danstenis66011 күн бұрын
As long as Americans cannot buy Chinese EVs at Chinese prices is not an indication of overcapacity but over corruption of the USA government.
@羅智-g2p12 күн бұрын
台灣也有一個自稱是倫敦政經學院博士的蔡英文,但是,蔡英文的博士論文竟然要用政治力秘密封存30年,Professor Jin Keyu 的學養、見解、和論述能力,不知道要比姓蔡的高出多少倍 !!
@shanghaiffgg11 күн бұрын
As you watch this video please remember that Jin'a father is a senior CCP official and she is heavily biased/compromised. Also be aware that CGTN is a CCP owned channel. What you are watching is nothing more than CCP talking points. 99% of the comments here will be coming from little pinks to lend credibility to the talking points. Thats just how the game is played.
@georgewilder74238 күн бұрын
But it's more truthful than the bullshit you hear from all the msm in the declining US empire which are owned by only about 6 news companies that are run by your govt, CIA, NSA and FBI etc...😂😂
@danstenis66011 күн бұрын
It is better to put that stimulus money into diverting water to the desert to grow food and industries for the whole population of China. Make food free for every Chinese citizen.
@SalvianoCherish12 күн бұрын
Thanks for the analysis! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
@stevenliew250712 күн бұрын
Chinese in general are risk adverse beings and frugal. Saving for a rainy day or for adverse unseen conditions are in their DNA. The COVID-19 experience has now make them even more careful on spending but instead making them saving more of their income. Ke Jin views are not quite reflective of how the Chinese are thinking as she has been living in the West too long and her views are more of Western Analysis of China, rather than neutral.
@joseromeudeabreu999912 күн бұрын
True true. Disagree with her. Cape Town South Africa. 🇿🇦🇵🇹🇷🇺🇨🇺🇨🇳🦓🍷
@Helghast7312 күн бұрын
I think you're missing the point of generational differences in thinking. To put everyone regardless of age into one "they are doing this" is daft and dangerous.
@rogerstarkey539012 күн бұрын
@stevenliew2507 I suppose that if an "average" Chinese citizen saves +/_ 185 of their wage while an American saves 4.5%, The Chinese Government can encourage let's say..... 5% be spent to boost consumption without adverse consequences? America doesn't have that option.
@Woestheboss12 күн бұрын
In short, Jin says the government needs to print loads of money and give it to the people. Chinese are difficult creatures and will mostly save and not spend. It's a difficult issue. The coupons with an expiry date for locals seems to be a good idea though.
@jamesteh82912 күн бұрын
Prof kenji is great and awesome
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
When China announces her many 5 yrs economic plans western economists just say in future we all be dead anyway LOL
@renaatceulenaere813112 күн бұрын
Boost domestic consumption = higher salaries.
@ChicagoTurtle112 күн бұрын
Yes. Local governments can get more funding from central government. Sustainable Projects can be the solution.
@Greego-z1z12 күн бұрын
not a mention of all the students looking for jobs and factories closing,, what is going to happen to all the unemployed,,,,not just a problem of China
@tonydevos10 күн бұрын
With this supposed professor, china can do no wrong. Meanwhile the country is on fire
@bestofsatish12 күн бұрын
What sort of consumption does china going to make is dubious. In terms of goods consumption, china is almost on par with western world. only in cars are they behind but that is due to restriction on car ownership in big cities. China lags behind in services. Investment in sales, marketing, retail services, Healthcare, education etc. That too in sort of value addition not the quantity of services only increase in quality is required. Only way, china can achieve this is by letting yuan to appreciate. but chinese yuan is under depreciating pressure due to excess money supply. M2 is too high and people had no place to invest other than real estate. now that real estate is going down, this m2 wants to flee the country. China will have to default on deposits to achieve them
@jonathanbethune907512 күн бұрын
I wonder what would happen in a more socialist society if the government actually told the people what the government needed. A stimulated nationlism for the common good? Im sure you are , i guess. I think it would give people a more sense of belonging...
@曾憲祥-c5q12 күн бұрын
💝💝💝💝💝💝👍👍👍👍👍👍👍💪💪💪💪💪💪💪
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
@gjk811012 күн бұрын
china need to focus more on boosting and innovating economy/ it's getting wider with US economy 29T to 18T so much different compare with 5 years ago . something not right on china economy. need innovation software / gaming sector / computer chips / high tech economy needed. not just electric car .
@pauldirac320312 күн бұрын
Yeah. Also currency exchange rate has played the bigger role for the gap getting wider
@snowwhite979012 күн бұрын
In communist China, private properties are neither fundamentally defined nor protected by independent judiciary. Wealth is carved up heavily toward the government and only leave the scraps for the public. The system can not save itself when it is fundamentally flawed against private property.
@rogerstarkey539012 күн бұрын
and USA is doing REALLY well in that regard..... (/s)
@tube11s11s1112 күн бұрын
Exactly
@tube11s11s1112 күн бұрын
China economy is gone, sunset, bye.
@gideonsoegiarto258312 күн бұрын
Fresh Morning discussion of two smart professionals, Tian Wei and Jin Keyu.
@kennethli812 күн бұрын
WuMao spreading misinformation LOL. She has been wrong for the last 15 years and will continue to be wrong. LOL
@definitelyno60112 күн бұрын
天天自我感觉良好,把提出问题的人全禁言了
@edmondlai829912 күн бұрын
China all talk. No actions.
@malin546812 күн бұрын
World Bank estimates China’s debt at 30 trillion
@maxyogi12 күн бұрын
I'm sorry But... Are you purposefully Dumbing this down to the point of questionable Competence, Professor? Or are you trying your best to confuse the audience?
@FAFORednickincell12 күн бұрын
Western economist want consumption… borrowing and spending means more consumption The Chinese Government and the Chinese people won’t “fully” give them what they want
@adamchoi79611 күн бұрын
Such professor…..which university London School of Economics 😂….. real diagnose of China new policies…..😂 🤮🤮🤮🤮🤮🤮🤮🤮🤮
@stickitupyourasteric11 күн бұрын
Again, i have to find a chinese channel to get real news. Thx
@joseromeudeabreu999912 күн бұрын
Make more debt. More debt.. I disagree. Cape Town South Africa. 🇿🇦🇵🇹🇷🇺🇨🇺🇨🇳🦓🍷
@jdroth112 күн бұрын
Chinese propaganda
@blueeyes619212 күн бұрын
lmao copium 😂
@chanbengfoo34212 күн бұрын
Pure jealousy
@jayceh12 күн бұрын
Chinese propaganda is actually "China is poor, china deserves developing country status, China is in trouble" Clearly you've never heard of Deng Xiaoping; or the Art of War. Chinese joke that Gordon Chang is a paid CPC agent.