Professor Jin Keyu: China's new policies to boost economic growth

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CGTN

CGTN

Күн бұрын

Пікірлер: 177
@trekpac2
@trekpac2 18 күн бұрын
Such excellent discussion, as usual. Thanks, and best in the New Year!
@dereckjames4563
@dereckjames4563 17 күн бұрын
Xi is part of the Bill Gates Virgin Islands club, though.
@dereckjames4563
@dereckjames4563 16 күн бұрын
Jinping, Gates, Schwab, all in the special Islander club
@cherubimcherubim9515
@cherubimcherubim9515 18 күн бұрын
Merry Christmas to the Chinese from Malaysia.
@knt3219
@knt3219 18 күн бұрын
Merry Christmas To You , My Friend . I Am From USA 🇺🇸Washington And I Have Met Chinese People From Malaysia . Sincerely❤❤❤, KNT.
@cherubimcherubim9515
@cherubimcherubim9515 18 күн бұрын
@knt3219 Blessed Merry Christmas to you and family. Peace to the world.
@knt3219
@knt3219 18 күн бұрын
@@cherubimcherubim9515 ✌️ No Other Way. Simple : We All Have Family And Friend. Everyone Wants A Job And Make Few Dollars To Take Care His Or Her Family And Travel Enjoy Life. And That Is All People Need No Matter A Person Is Rich Or Doing Ok, ✌️ My Brother And Sister. And I Know A Lot People From Many Countries❤️💚☀️🗽🌎☀️. Sincerely❤️❤️❤️, KNT.
@海枯石烂-m8t
@海枯石烂-m8t 18 күн бұрын
I m from penang, merry christmas to u😊
@jcany24
@jcany24 12 күн бұрын
@@knt3219 Remember, communists china is an atheism country. It is illegal and again the ccp's law especially, Christianity without the party approval. So be careful when you approach a Chinese person without knowing where they came from.
@johnlye3366
@johnlye3366 18 күн бұрын
I’m a little baffled when both the host and Professor Jin used the term “recession” to describe the state of the economy in China; the pace of economic growth in China has indeed slowed but 5% growth is still very respectable even in the context of its historical growth trajectory and the unfair economic sanctions imposed upon it by the U.S. I’m of the view that China has a property recession which it went a little overboard in trying to deleverage and caused a negative wealth effect, something which most Chinese have never experienced, and hence adversely affecting not only consumption behavior but also outlook of the future. But recent rhetoric from the central government about supporting the real estate sector suggests that they are going in the right direction. I’m confident China will overcome this slowdown as well as the challenges from the U.S. and Europe.
@ashleyschaefferkia2734
@ashleyschaefferkia2734 18 күн бұрын
You're absolutely right. Recession is too strong a word to describe China. Sure there is a consumpton demand problem, but that's not new (has been like this for a long, long time) and that hasnt stopped China from growing at a much higher pace than the rest of the world.
@henrytep8884
@henrytep8884 17 күн бұрын
China has a demographic crisis. China has a bifurcation issue and divestment. China also has an increasing labor cost (would be beneficial if they actually consume their own products) Lastly China has a degree inflation crisis, too many degrees chasing too little degree jobs in existence.
@henrytep8884
@henrytep8884 17 күн бұрын
One more thing, China may not have the population it is stating, it is aging rapidly.
@panyaboonc5621
@panyaboonc5621 17 күн бұрын
​@@henrytep8884, that is why Chinese are going into AI production and almost every sector that requires lots of workers. Just see the Tien Jin port. 90% are automatically operated. You can google to watch how that port works. Or KZbin video.
@jackchou1425
@jackchou1425 17 күн бұрын
@@henrytep8884you don’t even need to explain to them, they’re bots or they just pretend they don’t know what you stated. In short, you just don’t need to explain to them, it’s a waste of time.
@PravashLama-i9g
@PravashLama-i9g 18 күн бұрын
So blessed to hear from you after a long time. Merry Christmas and very very very happy and blessed New year ahead ma,m
@markuspfeifer8473
@markuspfeifer8473 18 күн бұрын
What? An economics discussion that actually kinda makes sense? Whoa :o
@duncankowable
@duncankowable 18 күн бұрын
this isnt CNN or Bloomberg
@myintmaungmaung6471
@myintmaungmaung6471 18 күн бұрын
Really makes sense.
@lorellaldos5263
@lorellaldos5263 18 күн бұрын
Yeah! It's not western media, which is not so much about informing the public and real discussion but something else.
@markuspfeifer8473
@markuspfeifer8473 18 күн бұрын
The only sad thing is that they don’t make the connection of their pragmatism to Marxism-Leninism more explicit. When your ideology is winning, parade it around!
@annasui0308
@annasui0308 16 күн бұрын
Prof Jin is such a beauty with wisdom
@knt3219
@knt3219 18 күн бұрын
Merry Christmas Ms. Liu Xin And Your Family. Sincerely❤❤❤, KNT.
@jameshue55
@jameshue55 18 күн бұрын
Tian Wei
@JoCkey607
@JoCkey607 18 күн бұрын
Good discussion by both prof Jin and Tian
@McCraeMoto1
@McCraeMoto1 18 күн бұрын
Anyone who can see what the US is doing in Gaza would be disgusted with the West. China offers hope to the world and the only way forward for world peace and prosperity.
@graniteinteriors1
@graniteinteriors1 18 күн бұрын
China offers exploration and destruction to the world. The hell with the so call share communist future.
@tommckellen4289
@tommckellen4289 17 күн бұрын
Xi is part of the pdf club with Gates and Fauci. This is the main thing you need to know.
@jinlee181
@jinlee181 17 күн бұрын
This is the most "relaxed" I've seen Keyu in interview or lectures. Clearly, she is familiar with the host, and vice versa. Enjoyable to watch. Informative. Well done.
@marklegendgangmei
@marklegendgangmei 18 күн бұрын
I can listen to Professor Jin Keyu all day! 💗
@PravashLama-i9g
@PravashLama-i9g 18 күн бұрын
@@marklegendgangmei me too I wish I would listen professor keyu jin every time I wake up and be blessed and showered with such highly depth knowledgeable information.
@tommckellen4289
@tommckellen4289 17 күн бұрын
Xi is an Virgin Islands card holder with Bill Gates, that’s the important thing
@dereckjames4563
@dereckjames4563 16 күн бұрын
Xi Jinping, WEF club card holder, Gates Island buddy
@lynth
@lynth 10 күн бұрын
I don't like her. This sounds like China is Americanizing, to be honest. I think China should redouble its effort to achieve a moderate socialist society and abolish capitalism as much as possible. Liberal ideas are a poison that will ruin the planet. China really needs to rid itself of Western-educated elites and focus on creating an alternative system to the horrendous capitalism/imperialism of the West. Her economic ideas are clearly informed by Western ways of thinking - ultimately, they will require China to turn into a predatory empire like the US and other fascist regimes.
@user-gv5fh7yb7f
@user-gv5fh7yb7f Күн бұрын
...while laying flat? (What the hey, apparently it's just a joke [in mn.26]).
@AlanSouzGoms
@AlanSouzGoms 18 күн бұрын
❤ China and India from Brazil 🇨🇳🇮🇳🇧🇷🇨🇳🇮🇳🇧🇷🇨🇳🇮🇳🇧🇷
@pravdaseed64
@pravdaseed64 18 күн бұрын
💖🐉Merry🐉💖 Meritocracy to All Magnificent Beautiful Chinese Wishing you all: Health,Vitality & Security @ in all Moments on time 🐉💖 🇨🇳 💖🐉.
@Utube1024
@Utube1024 15 күн бұрын
Tian Wei looking good as ever 😍
@bebezibodonghanjosephyoude8266
@bebezibodonghanjosephyoude8266 18 күн бұрын
Demand can be stimulated without debt. China has a huge income surplus which she can spend on necessary infrastructure to stimulate demand. The trouble with debt is it leads to more debt. China should avoid the debt route.
@ChicagoTurtle1
@ChicagoTurtle1 18 күн бұрын
Exactly. Choosing the debt method will be following the same path of America. It would be decline.
@thomasbentele2468
@thomasbentele2468 16 күн бұрын
So true.
@採菊绚麗
@採菊绚麗 18 күн бұрын
Evidence abounds. Hypocrisy is the US' highest export. Also please heed Kissinger's aphorism: "It may be dangerous to be America's friend but to be America's friend is fatal."
@charliemarkovic4301
@charliemarkovic4301 18 күн бұрын
The Brazilian government just shut down the BYD factory in Bahiá because of slavery like conditions. The Brazilian government rescued 160 Chinese workers from the site. Horrible.
@joseblanco1033
@joseblanco1033 18 күн бұрын
A subcontractor of BYD is being blamed in this controversy, not the BYD factory, per se.
@charliemarkovic4301
@charliemarkovic4301 18 күн бұрын
@@joseblanco1033 it was a Chinese subcontractor contractor contractor and BYD is still responsible for the treatment of those assembling their cars.
@Andy-P
@Andy-P 17 күн бұрын
​@@joseblanco1033Why don't you blame America... China does.
@jilidkuminding7356
@jilidkuminding7356 18 күн бұрын
Tian Wei. You always a top news Anchor. ❤ from Malaysia
@whitemoon5752
@whitemoon5752 18 күн бұрын
In 1997 when the HK stocks market crashed it was the government that bought all stocks in the index to prop up and then after a year it made huge gains. Today we have a similar situation that is of confidence, I wish central government start buying all this homes pose as normal buyers and either rent out or sit it out for three years till market gets back confidence and then sell it back to citizens at market price.
@Andy-P
@Andy-P 17 күн бұрын
Central Government buying up all unsold properties would put the confidence back. But will cost a lot.
@whitemoon5752
@whitemoon5752 17 күн бұрын
@ that is a small price to pay than Japanifcation and lose three decades of growth.
@Andy-P
@Andy-P 17 күн бұрын
@whitemoon5752 Agreed
@ChicagoTurtle1
@ChicagoTurtle1 18 күн бұрын
Another constructive idea for the sustainability of Chinese economy is bonds. For people with extra cash, to invest directly into the economy. With a promise of safe investment returns. Also, how about a 4-day work week? This would encourage more leisure spending, psychological health, family growth, sustainability of society/economy, etc..
@zedz8748
@zedz8748 7 күн бұрын
赞同
@conallgeneral8136
@conallgeneral8136 16 күн бұрын
Great interview - JK is a great explainer and commentator
@sastrykasibhatla7963
@sastrykasibhatla7963 17 күн бұрын
All the best in your endeavour.May the Almighty bless you.
@rhllnm
@rhllnm 6 күн бұрын
Thank you Trump for helping China further develop other markets and technologies. You are truly a stable genius.
@patbyrneme007
@patbyrneme007 18 күн бұрын
Why is Tian not asking Keyu about China's Industrial Revolution 4.0 policy designed to automate more and more parts of the economy and to invest in new technologies? The absence of this means this an empty discussion.
@firstlast-pt5pp
@firstlast-pt5pp 18 күн бұрын
more jobs being substituted is not an attractive topic - not all coastal ports are fully automated in China for example
@patbyrneme007
@patbyrneme007 18 күн бұрын
@@firstlast-pt5pp We need to look at this more widely. Think about how many jobs have been created in the EV industry, not just in the factories but also in the marketing. There will be many more industries to come.
@firstlast-pt5pp
@firstlast-pt5pp 18 күн бұрын
@@patbyrneme007 - ev has 1/10 of the parts of an ICE - 1 ev related job may replace 3 ice related jobs - Beijing is likely testing universal living credit for all ( so called social credit )
@patbyrneme007
@patbyrneme007 18 күн бұрын
@@firstlast-pt5pp good points.
@patbyrneme007
@patbyrneme007 18 күн бұрын
@@firstlast-pt5pp I feel that giving the unemployed money is not a good idea. Far better for the state to employ and pay them to do useful tasks for society; or to help them start a project or business that they are enthusiastic about.
@Samson_sh
@Samson_sh 17 күн бұрын
great interview and analysis !!
@panyaboonc5621
@panyaboonc5621 17 күн бұрын
Wow!!! Tian Wei look great and younger too with her new hairstyle. Wishing both great ladies Happy New Year 2025.
@canaldoaalves
@canaldoaalves 16 күн бұрын
Thanks
@曾憲祥-c5q
@曾憲祥-c5q 19 күн бұрын
💖💖💖💖💖💖👍👍👍👍👍👍👍👍💪💪💪💪💪💪💪💪
@AndrewBlinson
@AndrewBlinson 6 күн бұрын
Thnx guys.. Finally! looking forward coming out of this mess from EU.
@K_one_w_one
@K_one_w_one 18 күн бұрын
Great interview. On a lighter note, If trivial pursuit were designed by economists, it would have 100 questions and 3,000 answers.
@juliegrimme
@juliegrimme 14 күн бұрын
What a great show! People talking sense. Go China.
@profesorEDC
@profesorEDC 17 күн бұрын
Brilliant👏
@dt12155
@dt12155 18 күн бұрын
The professor keeps talking about increasing consumption. She is not specific about what sectors to increase consumption. She is a Chinese and therefore knows the local ground level situation. And then she talks about the great consumption level of the young generation. Is the key area of the increase consumption is buying new houses? From what I saw in travel videos people are spending on food, clothing, entertainment, travelling, socialising etc. What are the sectors that consumption should be increased?
@Studio21Lab
@Studio21Lab 17 күн бұрын
thank yuo and hello from WuKeLan!) much interested!)
@PAULHALLINAN-e6z
@PAULHALLINAN-e6z 11 күн бұрын
What external valuation of a currency payment now internal trade payment with dfi gdp exch rate appreciation
@michaelmarchal4004
@michaelmarchal4004 17 күн бұрын
China is arguably the world’s largest economy by measures like purchasing power parity (PPP) and manufacturing output, but Beijing avoids declaring this outright for strategic reasons. Acknowledging the top spot could increase global scrutiny, raise domestic expectations, and invite opposition from rival powers. Instead, China prioritizes stability and gradual progress, leveraging its “second economy” status to maintain favorable terms in international negotiations and continue its growth trajectory with less resistance.
@fernandofernandito3055
@fernandofernandito3055 14 күн бұрын
Scholar Jin Keyu has live in many countries which help her understand how each countries boost their own economy. Supply and demand can be stimulate with more affordable prices and demand by consumers purchase power when having that extra cash flow through bonus from local employers, banks can provide interest for saving account and lend more cash to new investors. higher institutions stimulate packages like welfare checks, distribution of wealth described in other countries. Job creation for young graduates and unemployed using network management/ job placement. New trade/ new skills re-education. GDP can increase by consuming own brands, weekend festivals, sports venues, music, arts, movies/ local entertainment, workshops, flee or farmers markets. Stablish a new Low orbital industry described in another report and channel. Domestic EV industry consumption and alike industries for high end purchases. Real Estate grants for first time home buyers set by local town and province official to boost home ownership and real estate sales. Luxurious goods find its way from the middle class to upper class income population, the youth will ask their parents to purchase for them and they can afford it... Economy growth is proactive and planning by each respective organization local and higher level management.
@josephwong604
@josephwong604 17 күн бұрын
Wow. I am impressed. 躺平 laying-flat can mean relax. Having fun is part of work life balance. 'Bad things' in appropriate proportion can be good. 'Good things' crazily pursuit can be bad. I hope that the Chinese leader can be inclusive enough to appreciate new trends in the society, and turns the negativity into something positive. After all, we don't need to carry a stick all the time, if we can stand beside our enemies and make them our friends.
@michaelchin6626
@michaelchin6626 14 күн бұрын
With many waterfalls, lakes and ponds, China should produce millions of turbo generators without using fossil fuels (liberating carbon dioxide toward Earth Warming), at an area of less than half acre only, each with capacity higher than its Yangtze hydro power dam which utilizes millions of areas of land to form. Michael KK Chin (Engineer / Inventor of over 10k inventions).
@bebezibodonghanjosephyoude8266
@bebezibodonghanjosephyoude8266 18 күн бұрын
The inflation route should be taken as a last resort because it involves adjusting lending rates and once you start on it, it's impossible to get back to zero. The English saying "he who goes a borrowing goes a sorrowing" comes to mind.
@kennySg101
@kennySg101 18 күн бұрын
Her command of English is much better than the journalist, most 海归。 Most ideal candidate to tell the China story.
@charliemarkovic4301
@charliemarkovic4301 18 күн бұрын
The Brazilian government just shut down the BYD factory in Bahiá because of slavery like conditions. The Brazilian government rescued 160 Chinese workers from the site. Horrible.
@wongpeter2350
@wongpeter2350 17 күн бұрын
Rolling out a very large number of mini and micro loan will help out people at the bottom, hence more stability
@robertwatkinsjr7670
@robertwatkinsjr7670 16 күн бұрын
I was wondering about a transition in production models that leverage AI to implement a supply driven production model. Where society leverages the AI management back end to predict supply needs to help trim out the overproduction prediction models. With much of the financial systems going digital and the process is now becoming more stable, this can feed the production on demand system leveraged from this training data.
@AccountWithDumbThoughts
@AccountWithDumbThoughts 18 күн бұрын
A less bourgeois perspective from an economist would be refreshing.
@pamelang3261
@pamelang3261 17 күн бұрын
Pushing/tending towards Keynesian demand economy may in future/eventually cause a "penalty" policy in the future BRICS+ organization. In that case, the tradition of high saving rate. It will be not just economic consideration but also erosion of our cultural tradition!! Nasty!!!
@Paul-e9x4h
@Paul-e9x4h 18 күн бұрын
Pada ruang kebijakan fiskal yang longgar tidak mengartikan bahwa kebijakan yang kontraksinya lambat akan tetapi memberikan ruang gerak pertambahan yang sinergis dengan yang sudah ada agar mudah untuk disusuñ rapi dan ramping sehingga mudah memberikan kontrol
@cd7707a
@cd7707a 18 күн бұрын
the beauty of west like LSE is it has the capacity and room for professors with different perspectives and political alignment. Prof Keyu can say anything about US or the West good and bad. I don't see any Chinese professors can talk freely about anything or issues about China.
@davidt02
@davidt02 9 күн бұрын
You don't see it because you don't read Chinese or follow any of the Chinese news. There's a reason why they said there is a fierce debating going on in China about the future of the economy because there really IS a debate going on. The fiercest critics Chinese economic policy are the Chinese academics themselves.
@mskmsk7174
@mskmsk7174 18 күн бұрын
That girl you were interviewing was way ahead of you.
@jameshue55
@jameshue55 18 күн бұрын
Hello, that is suppose to be that way. Would you watch if it is the other way round?
@K_one_w_one
@K_one_w_one 18 күн бұрын
The 'woman' who's a professor you mean?!
@mareminho
@mareminho 15 күн бұрын
Brazil will have one of the best safras since 2004 that means chinese people will be really well alimented next year this chineses will work as a hell, things are slowling woking on brics
@PAULHALLINAN-e6z
@PAULHALLINAN-e6z 11 күн бұрын
Consumer loans based on inlation amotization of public loans local,regional,govnt by sectors of commercial. Sciences,agriculture
@kristianlavigne8270
@kristianlavigne8270 18 күн бұрын
Infinite growth in a finite world, closed system 😅 someday soon the whole house of cards will come crashing down, likely primarily due to the collapsing birth rate
@derishabib1219
@derishabib1219 17 күн бұрын
GO CHINA 👏👏👏👏👏
@knt3219
@knt3219 18 күн бұрын
What Is Your Leverage Between The Financial System vs. Consumption ? That Is What She Is Trying To Say, I Think. Why. Because Your Financial System Has Been Having A Hand In Hand Relationship To Your Debts. Sincerely❤❤❤, KNT.
@heungtam7250
@heungtam7250 10 күн бұрын
Increase consumption will only happen when you feel endowed with plenty. Encourage celebration of birthdays and all holidays. Encourage these celebrations to be decadent and lavage. It's ok to splurge. And over spent. Slow down on there are poor people. By everyone splurging more the poor have work and tips. It's more respectful than charity. It's ok to show off. Spent more money. Buy a better gift. Celebrate your mom, girlfriend, good friends, happenings. When everyone spends more, more people will be working. Party relief tension and pressure. A better workforce. Hope you are successful
@mareminho
@mareminho 15 күн бұрын
What china cannot provide in china brings to brazil we wanted share with us
@Dario-h8g
@Dario-h8g 17 күн бұрын
Report the ATROCITIES commited by the Usa goverment Military in the last 70 years!!!!!! !! Happy Holidays CGTN!!!! greetings from Mexico
@dordorfromhk-hj5vo
@dordorfromhk-hj5vo 17 күн бұрын
中國政府應該加3%出口稅,以增加稅收補貼國民。
@thieunguyen4908
@thieunguyen4908 18 күн бұрын
If a country is an exporter of goods…..and the other countries do not want its products for whatever reason. That country is really screwed big time.
@jealousygetsyoukilled9049
@jealousygetsyoukilled9049 18 күн бұрын
wow your iq level must be out of this planet. china is about to hit $1T trade surplus this yr.
@edwardbarnett6571
@edwardbarnett6571 18 күн бұрын
Drive Melbourne to western Sydney airport with 60 TBM from 30 launch site compounds with Chinese FIFO workers so a Japanese SC maglev can be installed earning AU$1.4b p/a with overnight container trains replacing trucks on the route.
@pureland6648
@pureland6648 18 күн бұрын
Professor Jin KeYu so beautiful and gorgeous❤😍
@TheNoblot
@TheNoblot 12 күн бұрын
Sterlig 🥈 going up 👆 £ dollar goes down 👇
@BestFitSquareChannel
@BestFitSquareChannel 15 күн бұрын
🌞
@PAULHALLINAN-e6z
@PAULHALLINAN-e6z 11 күн бұрын
Chinas resource multipliers for commercil capital groth
@myintmaungmaung6471
@myintmaungmaung6471 18 күн бұрын
👍👍👍👍👍❤❤❤❤❤❤❤
@wongpeter2350
@wongpeter2350 18 күн бұрын
Just roll out a very very large number of business loans and micro loans... Voila - the real economy greatly helped and youth unemployment greatly alleviated !!!
@dstr1
@dstr1 18 күн бұрын
Wow!! Lovely coat!!
@pekingerleben
@pekingerleben 11 күн бұрын
Mann ein "Vorbildlicher Familienvater" 2:33 da sollten Sie aber mal recherchieren! Und zum Thema Frauen in deren Literatur. Lesen Sie mal Narziß und Goldmund. Also, auf gehts! Zu den Hausaufgaben! Grüße aus Peking.
@josephwong604
@josephwong604 17 күн бұрын
I think everything talked about is very reasonable. One problem really is with China, its leader's attention is not so much on the economy, but rsther to keep himself in power. Even though the economy has an indirect effect to that, but it is not to the same extent as how it will impact, e.g. the US election. You can argue that because it doesn't have a direct effect, it allows the Chinese government to have long term economic policies, rather than short term ones as. However, political problems become the hot potato that the Chinese leader has to handle everyday. Therefore, even though, he is given a long term to rule, he is still not focusing on the long-term health of the economy. Otherwise, all these reasonable measures suggested, will be executed, since Chinese are not stupid.
@OdoacroAdeliz
@OdoacroAdeliz 18 күн бұрын
Appreciate the detailed breakdown! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
@nymuelovan
@nymuelovan 15 күн бұрын
"Demowafiks" 🎉🎉🎉
@alozelci4241
@alozelci4241 18 күн бұрын
👍
@Peter-p7n5b
@Peter-p7n5b 10 күн бұрын
I WANT 2 GRAPEFRUITS TRADER JOES SARDINES LAYS POTATO CHIPS HE AINT HEAVY HES MY BROTHER EVERY MATHERS SON SONG
@Lucy-en4jt
@Lucy-en4jt 16 күн бұрын
I wonder if my Filipina manager could enjoy something else? She loved me?
@TmoneyOGGamer
@TmoneyOGGamer 15 күн бұрын
This is irresponsible, I hope people see through the propaganda
@ladariussanders4278
@ladariussanders4278 8 күн бұрын
China 👎 America 👍
@Lucy-en4jt
@Lucy-en4jt 16 күн бұрын
Crying to me is like drama/acting. Gets the eyes getting more Asian.
@cornellencar
@cornellencar 18 күн бұрын
How is Bank of China creating debt for stimulus? Why cannot it do like US during the Civil War, when the Federal Government had issued the "GreenBack". Are there piles of money in China waiting to be borrowed? Or is China going to borrow currency from overseeas? Why? Where is that currency coming from? Why is not China cutting the middle man?
@peterfischer5459
@peterfischer5459 18 күн бұрын
One of China’s strategies to issue U$ Bonds to other countries that may require them for trade but cannot get them from the US due to theft or sanctions. Good for China and good for the borrower, not good for the US. China is super smart. Offering ways to get around economic terrorism by the collective west ✅.
@ZhangYuan-o8g
@ZhangYuan-o8g 18 күн бұрын
To boost vanity projects
@charliemarkovic4301
@charliemarkovic4301 18 күн бұрын
The Brazilian government just shut down the BYD factory in Bahiá because of slavery like conditions. The Brazilian government rescued 160 Chinese workers from the site. Horrible.
@joseblanco1033
@joseblanco1033 18 күн бұрын
A subcontractor of BYD is being blamed in this controversy, not the BYD factory, per se.
@joseblanco1033
@joseblanco1033 18 күн бұрын
A subcontractor of BYD is being blamed in this controversy, not the BYD factory, per se.
@charliemarkovic4301
@charliemarkovic4301 18 күн бұрын
@ yes, a Chinese subcontractor. Do t try to deflect.
@cyansadventures
@cyansadventures 18 күн бұрын
Deliberately misleading fake news, typical for a westoid with an agenda. Subcontractor, not BYD.
@Featherdsun
@Featherdsun 19 күн бұрын
Economical growht causing ecological catastrofe Wanting less instead of more Acting intelligble without eyemark for gain
@Herr.Mitternacht
@Herr.Mitternacht 18 күн бұрын
So you're against development. Wow what a visionary.
@chitmengkhong4057
@chitmengkhong4057 18 күн бұрын
China needs a good dose of Inflation? Inflation is a tax on your earnings AND your savings China or any country could do without this dumb economic blood letting
@romanpilip9711
@romanpilip9711 17 күн бұрын
Typical professor, a whole lot of discussion, without anything substantial.
@TacticalMayo
@TacticalMayo 19 күн бұрын
It's over 🤣
@charliemarkovic4301
@charliemarkovic4301 18 күн бұрын
The Brazilian government just shut down the BYD factory in Bahiá because of slavery like conditions. The Brazilian government rescued 160 Chinese workers from the site. Horrible.
@Freedmen-American-Reparations
@Freedmen-American-Reparations 19 күн бұрын
How does inflation encourage spending? I'm ignorant and confused on this matter
@InturnetHaetMachine
@InturnetHaetMachine 18 күн бұрын
It's this obsession of economist that is misguided. When economy is heating up and demands for goods and services rises, the supply isn't able to catch up and prices rises. Of course economist think the opposite also must be true. If the road gets wet when it rains, if you wet the road, it must mean it will rain. If these economist took any Logic 101 class, they'd know the opposite relation isn't necessarily true. So they push for inflation by printing insane amounts of money hoping the economy will also boost up. Of course as we see in America, Japan and the general discontent, all it does is raise asset prices up and devalue their currency. On the paper GDP and line go up, but general standard of living goes down. Throughout humanity, the goal of technology and humans have been to make things more efficient and cheaper. For the economist, that's a nightmare. In the 90s personal computers were halving in price every year and there was a boom in computers in households. If it were upto the economist, a simple PC would cost $40,000, only a handful of people would have it, but on paper it would still look good since every unit costs so much. We're living in the age of madness made by Central Bankers.
@Freedmen-American-Reparations
@Freedmen-American-Reparations 18 күн бұрын
@InturnetHaetMachine Wow, thank you for the explanation 👀🤔
@firstlast-pt5pp
@firstlast-pt5pp 18 күн бұрын
​@@InturnetHaetMachine- all economic theories are based on assumptions - they need to stick to at least one assumption when they talk
@madsam0320
@madsam0320 18 күн бұрын
Inflation devalue currency and disincentive to savings. It encourages spendings, like in Argentina, people cannot wait to go out and spend their wages because goods are going up in prices if they wait. That’s of course extreme case and not good, just like long term deflation encourages people to save and not spend money. China is trying to balance between the two extremes.
@sckchui
@sckchui 18 күн бұрын
Inflation means prices are going up. If you are thinking about buying something, and it costs $100 today, but you know the price will rise to $110 next month, then you'll want to buy it today to save $10. In contrast, if there is deflation, if prices are falling, then maybe next month it'll cost $90. In that case, you'll wait and buy it later, to save money. So, higher inflation encourages people to spend the money sooner, to convert that money into tangible goods more quickly. Deflation encourages people to hold on to their money, to defer spending until later.
@PrinceJake1717
@PrinceJake1717 18 күн бұрын
Subscribe and merry Christmas
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