The Chinese economic bubble - VPRO documentary - 2011

[@alexjones1017]

"Can I have a ride?" "No, I'm taking photos." Laughed too hard there

[@michealyu5810]

Is this a stupid taxi driver? who refused the chance to make money and who complained a lot about low salary?

[@djhscdhxgsdhv]

yeah right, and the look on her face when she looked at the camera haha

[@babatundeadepoju2302]

Alex Jones And he expects to gain wealth all the same.

[@simoncleopater948]

Maybe you are stupid for seeing only what you wish to see. One ride would not make the man rich. Even if he refused 10 rides a day while still working 12 hour shifts, it would be a meaningless loss to one already living in poverty. Only money leads to more money, hard work makes rich people richer. Believing it is the other way round is a silly little fairy tale to keep workers content and maintain the status quo of who is rich and controls the resources.

[@beachside1]

Thought the same thing lmao

[@enjufi]

I'm only some minutes in, but I'm already loving the still amazing production values. For free - in KZbin, no less. Keep up the good work!

[@vprodocumentary]

Thank you, we are happy to read this. Don't forget to subscribe to our channel, we release a new documentary every week. Happy New Year!

[@NestleWaters88]

so true.

[@hongjieli6345]

Nimimerkki I

[@mehdan2]

subbed! I would donate too.

[@cnelsonlv999]

+Max Wooks has his head in the right place. Propaganda is easy to spot... just look for any ideas that are repeated in the media nonstop!

[@YTofuable]

Love that Taxi driver, he is Such a Character! Can't stop thinking about his future customers 😆😆😆 ... Thank you for the documentary!

[@vprodocumentary]

Thank you for watching! Don't forget to subscribe to our channel for more VPRO documentaries.

[@Atubi]

The Ending is very powerful. Especially the poor man's reading of the poem.

[@isunlloaoll]

This documentary was made in 2011. In 2015, China's gdp per capita was over $8,000 (nominal), or $15,000 (PPP). So every year, China makes crazy amount of progress. People don't realize how incredible 6 - 7% overall GDP growth is for the world's second largest economy.

[@cnelsonlv999]

Well done, Arvin. I can always find that one person who knows how to find the truth, in a sea of people swimming in lies. It's shocking how ignorant people allow themselves to be... China's economy is a lock to keep getting stronger, while America's is a lock to crumble. Only propagandists would consider telling you otherwise...

[@andia968]

theres possibiliy of bubble but china gov has allowed people to have more than 1 child .

[@888Antoine]

Its not accurate because its only construction industy and that the bubble...go china you will see

[@iljahfeedoro8033]

"A scaffolder is what I am One day of rest a year is luxury When I work, I fly like a grey rat Even in my dreams I'm high up in the sky One day on the construction site feels like a year Two teary eyes stare out of a window Three a.m. I can't sleep Four seasons alternate but there's no time to enjoy them Five a.m. the boss appears like a cock in the morning" (36:48)

[@grantbeerling4396]

Reminds me of the Dystopian film, Brazil...

[@jackxie3311]

it's 2017now

[@djhscdhxgsdhv]

im truly amazed by the poem of the worker, at first i thought he wrote it, as he said he reads a lot of classical literature, then he says is a 800 years old poem....deep.

[@fraptochivonsky2558]

May I know when is this filmed exactly? According to the construction worker, he said he has been working there for 7-8 years starting from 2003, so does that mean this film was originally created back in 2011-2012? Thanks!

[@taosu2554]

Seems really old to me. The taxi driver talked about "since 2005" etc etc meaning it's filmed close to 2005 but the subtitle says "during the last few years" without mentioning 2005. Also, judging from the GDP per capita number quoted, it also puts the documentary around the year 2009 to 2010 ($4100 in 2009, $8200 in 2016). Regardless of the outdated information, at the very least, you can take a poor person, a taxi driver and a businessman from any country and film something very similar.

[@mustafagenius2110]

Tao Su if this video 9 years old, why they uploaded now? what Chinese economy today have to do this 9 year old video?

[@ElementEvilTeam]

It was made in 2015: kzbin.info/www/bejne/p2TOqJivabmIhbM

[@itrthho]

© VPRO Backlight December 2011

[@vprodocumentary]

The documentary dates back to December 2011. We release it now on our new international KZbin channel, because VPRO Broadcast is currently subtitling in English, French, and Spanish a lot of amazing documentaries. You can find them on this channel, but also on Vpro World Stories, Vpro Metropolis, Vpro Extra. We want to reach out to people, to go over the language barriers.

[@finback2005]

The real estate mogul, the fairly well off upper middle class car sales men and a construction worker living in their different worlds and lives yet their fate are all intertwined with the bubble. How poetic. I feel the taxi driver takes on the archetype of the joker. Spectating and laughing at its own demise. Sarcasm at its best.

[@kamalnaili4969]

I don't know why this has touched my heart 😢.

[@the-chipette]

This is a beautifully produced and humble documentary.

[@vprodocumentary]

We appreciate your feedback, thank you. You might want to give a look at our other channel kzbin.info where we publish a new travel series every month.

[@137spec5]

+vpro documentary amazing documentary especially the poem at the end and also the contrasting lifestyles of the higher, middle and lower economic class (also conveyed by the food). Please keep up this good work!

[@vprodocumentary]

Thank your for your comment, indeed, this poem seems to have moved a lot of our viewers. :) If you liked this documentary, you might appreciate the series Along the banks of the Yangtze that we have on our sister channel vpro world stories: bit.ly/ABYPL

[@nekonebula-o7d]

There is a typo in 26:10: "steemed buns". It should be "steamed buns"

[@sailsolo8724]

Did I just hear that the Chinese people are not allowed to invest in foreign countries? Is that true?

[@andyy6481]

is there a follow up on this? since this was filmed in 2011, do you guys have a video of the market today in 2017?

[@Jason-sf8vx]

The documentary is base on people lives in 2010 (2003 +7 years) which is 7 years ago. Outdated data, per capital income in China has risen from USD 4000 to USD8,000++.

[@ZsXie10]

11:03，he said 6k-10k RMB per month ,its 750-1250 Euro per month, not 120 euro.

[@vprodocumentary]

Thank you all for bringing up to our attention the conversion error at the 11.01 minute of this film. Indeed, given the conversion rates at the time of the documentary, the salary mentionned is not 120€ but 660€ approximately. We appreciate your feedback.

[@leezhieng]

It's actually very high comparing to the average wages in Malaysia (where I'm staying).

[@zhengguozhu6174]

这是我近些年来看过比较不错的中国经济纪录片，说实话深深的打动了我，虽然我不敢说我家境优越，但比起片中的工人，我的心里非常的难受，我希望中国越来越多的人意识到这个问题，希望正义永存人间！

[@zhengguozhu6174]

Btw, great doc, keep it up ,let more people see your work! Salute!

[@vprodocumentary]

Thank you.

[@RonzigtheWizard]

Why bother putting up English subtitles is you cover them up with another language subtitles. I would like to know what is being said and prefer actual voice translations but at least make the subtitles readable instead of covering them up. I just turn it off wnen this happens. Goodbye.

[@laoniuhaha]

They already fixed the title before they investigate and do the documentary. They can find tons of evidence of economic bubble, and they can also find tons of evidence of continuing prosperity. They only picked what they want to show to fit the title.

[@chopper421]

looking forward to more in the New Year excellent work as always! Happy NewYear!

[@vprodocumentary]

Happy New Year to you too! We are happy you enjoyed this documentary. We release a new documentary every week on this channel. Stay tuned!

[@kevinlaw6191]

Almost every friend of mine in Canada that came from China in recent year has a few appartments in China that they bought. They paid those houses cash and leave them there for speculation or "growth". They paid cash to buy up my city over here too.

[@jaguppal187]

You guys are epic documentary makers, please never give up!

[@vprodocumentary]

Thank you for your comment, we are happy to read it. Take a look at kzbin.info it's another of our documentary channels that you might like as well. Best wishes from VPRO.

[@leecris4311]

Hi, VPRO, it seems to me that your translator has very poor Chinese skills, the taxi driver said his neighbors earn 6000-10000 Yuan per month, which is about 830- 1300 euros per month, but your translator translate it into 120 euros per month, why?

[@vprodocumentary]

Thank you all for bringing up to our attention the conversion error at the 11.01 minute of this film. Indeed, given the conversion rates at the time of the documentary, the salary mentionned is not 120€ but 660€ approximately. We appreciate your feedback.

[@beachside1]

BTW great video. Im going to subscribe and like. Thanks soo much

[@vprodocumentary]

Thank you for your support!

[@BieZhang]

这2011年的片子?

[@vprodocumentary]

This documentary was made in 2011 yes.

[@davidma5967]

@@vprodocumentary there's a caveat in your subtitle @ 11:02: 6000-10000 CNY would convert to 780-1300 EUR. With only 120 Euro per month you wouldn't be able to survive in Beijing.

[@docurious]

I'd like to introduce this film on my youtube channel. Can I use short clip from thim film on my video?

[@bubbleman1081]

Good relationship with the government is the most important ingredient in the real estate industry in China.

[@lightpixeldotnet]

Some of the shots are almost surreal... Very well made documentary.

[@历下名士]

where are 'The Chinese Economic Bubble (2012)', The Chinese Economic Bubble (2013), The Chinese Economic Bubble (2014), The Chinese Economic Bubble (2015), The Chinese Economic Bubble (2016)?

[@leezhieng]

I've heard about this chinese economic bubble as early as 2005. Haven't seen it happening yet after 12 years.

[@cnelsonlv999]

Lee Zhi Eng That is because this is just western propaganda, trying to divert people's attention from the real largest economic bubble in history.

[@matthewnugent2256]

历下名士 youre a nation of gamblers, the house always wins

[@cnelsonlv999]

Matthew Nugent If you are a fellow American, as I suspect, I enjoy the irony of your post.

[@matthewnugent2256]

C N the fact is china is still very behind and over has to basically keep lying to justify their ecoonomoc growth. youre moron if you believe chinese gov. numbers

[@3S0JJD]

VERY good doc :)

[@vprodocumentary]

Thank you! Don't forget to subscribe for more.

[@NoobTube4148]

Subbed - keep em' coming.

[@TheUnknown-px1lb]

Absolutely love this doc. Keep it up.

[@vprodocumentary]

Thank you!

[@SorrelBigmin]

Amazing documentary as always vpro !! Any info if the documentary about Palermo will get an english dub or sub translation?

[@vprodocumentary]

Hello, Thank you for your feedback, I do not see which documentary you are talking about, could you tell me more so I can help you? Thank you!

[@SorrelBigmin]

vpro documentary www.rainews.it/dl/rainews/articoli/palermo-tv-olandese-sceglie-citta-modello-accoglienza-convivenza-ff6f399c-3e80-471e-a8ae-5cc702b26583.html This one

[@vprodocumentary]

Hello, there are no translations for this documentary so far. But you can subscribe to our channel, we release a new documentary every week, so if this one comes out, you'll be informed immediately. Best regards

[@SorrelBigmin]

vpro documentary thanks :) !

[@vprodocumentary]

You're welcome.

[@ferykaryadijaya2133]

Was it recorded in 2011?

[@vprodocumentary]

Indeed, it was recorded in 2011.

[@peterjol]

you can see nothing but the complete and utter insanity of the whole monetary system once you learn about the Venus projects idea of a non monetary Resource based economic system and can understand how that system would work. ...all you can think about once you understand that idea is how completely mad a monetary system is ....it stands out like a sore thumb .

[@mrmtn37]

Peter Jolliffe Hell yeah any idea to try would be more logical then this absolutely insane system of wall street theifs, corporate oligachy, military, all racketeers plundering across the globe with total disregard for logic or humanity. Its so sweet i love capitalists, love to usem for target practice.

[@cnelsonlv999]

Right on, Peter! The future of humanity will not involve currency... just not sure how far off that future is. Probably too far for any of us to experience it...

[@kenanalcantara7397]

Peter Jolliffe I think it would take hundreds of years in order for our society to accept a resource based economy. But I think it is impossible today because we are a divided species the Venus project will only work on a new world order scenario like the world in Star Trek it would be trouble for a single country to adopt RBE while other countries are still using the monetary system .It will be hard for an RBE country because on a RBE system consumption will be more increased because everything will be free and people would just consume consume and consume and it will be hard for a single country to meet on the demand. But I still like the concept because everyone will be equal in this system no more poor or rich and everone will have equal share of the world resources.

[@jonbdoe3427]

Where is the bubble since 2011? I do see a lot of Chinese Dreams, lots of them. On the other hand, subprime bubble in the USA pretty tanked a lot of American Dreams.

[@mikaelsacchi]

Erratum: 11 minutes - the traduction shows 120 euros / month = but the taxi driver is saying 6,000 to 10,000 rmb which is more like 860 US to 1,500 US / month

[@vprodocumentary]

Thank you all for bringing up to our attention the conversion error at the 11.01 minute of this film. Indeed, given the conversion rates at the time of the documentary, the salary mentionned is not 120€ but 660€ approximately. We appreciate your feedback.

[@rmwtsou]

Great documentary! Subscribed.

[@vprodocumentary]

Thank you! We release a new documentary every week on this channel, and a new travel series every month on our channel Vpro World Stories.

[@Hookooo]

Those English to English translations are terrible (like at 30:56). It make me wonder if the Chinese are bad too....

[@vprodocumentary]

Thank you for your feedback, we will look into this.

[@leecris4311]

very terrible, the taxi driver said his neighbors earn 6000-10000 Yuan per month, which is about 830- 1300 euros per month, but the translator translate it into 120 euros per month, strange!

[@salimsg]

@Lee Cris.....Not strange at all. According to some comments here, this video was made in 2011. The euro was a lot stronger then.

[@salimsg]

@hookah604...gotta disagree with you. Very much prefer this paraphrasing way of translation. A more literal translation would make English a lot more un-idiomatic.

[@leecris4311]

salimsg come on, with 2011 exchange rate, 6000-10000 Yuan per month = 600-1000 euros, not 120 euros

[@AgnostosGnostos]

Chinese have discipline, pride, no significant corruption and are diligent workers. We haven't see the Chinese economic miracle yet. The average income is similar to many African countries. However there is a incredible huge economic inequality. What westerns admire are a handful of developed cities and a very small portion of wealthy Chinese. The mainland China will inevitably be as reach as rich as Taiwan and Hong Kong.

[@PaulThomasV]

Strange, how the VPRO documentary videos from the Netherlands can't be viewed by Dutch people without a VPN.

[@vprodocumentary]

Hello Paul Thomas, VPRO Documentary is a channel made for the international public, and cannot be broadcasted in the Netherlands. The issue has to do with the law, and there's nothing we can do about it. However, you can watch all the vpro programs on www.vpro.nl or on the other vpro KZbin channels. We apologize for the inconvenience.

[@Sejdr]

As allways, vpro makes a great indepth documentary!

[@MrMarcocaofanhua]

6000-10000rmb = 600-1000euro not 120 euro lol

[@mithrasize]

yeah. The video is wrong and your calculation will be correct

[@NoobTube4148]

If this is true, that is a very very bad mistake to make. There's a different picture painted in knowing those people make 120 euro as opposed to 600 - 1000 euro. Still on the low side, but not as low as many other developing parts of the world and if you factor in purchasing power of essentials (not luxury goods most in the developed nations can't afford either) it should be quite a good middle class income.

[@djhscdhxgsdhv]

yes , i thought was a misleading documentary, but later other salary and numbers were right, so looks just as a mistake in the conversion

[@vprodocumentary]

Thank you all for bringing up to our attention the conversion error at the 11.01 minute of this film. Indeed, given the conversion rates at the time of the documentary, the salary mentionned is not 120€ but 660€ approximately. We appreciate your feedback.

[@someball90q]

Yongjie Jiang This documentary wasn't made in 2015.

[@jakemf1]

The first and biggest issue of any group is they believe they are better than others once that happens you loose you edge and drive and we just saw it happen in this video. I suspect the impact will be like it was in the US a lot worse than many would admit!

[@minnaaa7273]

Nice doc

[@JamesZhangMusic]

Beautiful work. Looking forward to more great content!

[@jmar621]

Great documentary even though it was made in 2011. Why is it only being viewed now? Btw: Andy Xie was wrong, the property market didn't blow up in the past 5 years, rather it's gone up multiple times. Not to say he won't be right in another few years. As they say, a broken clock is right twice a day.

[@vprodocumentary]

The documentary dates back to December 2011. We release it now on our new international KZbin channel, because VPRO Broadcast is currently subtitling in English, French, and Spanish a lot of amazing documentaries. You can find them on this channel, but also on Vpro World Stories, Vpro Metropolis, Vpro Extra. We want to reach out to people, to go over the language barriers and share with you.

[@b-rare]

quality stuff nice introduction and layout of documentary very professional

[@vprodocumentary]

Thank you.

[@stevenlee3422]

the documentary is on 2011,if china economic is bubble it's already blow up now, china will alright, they know how to manage their own economic.

[@yonghaoxiong2080]

Very good doc

[@vprodocumentary]

Thank you

[@youngmichael8182]

some translation are wrong, specially people's salary they type is different(lower) with what people were saying in this video, i don't know they made it on purpose or just mistake. But this video do said true life of different people in China

[@sandymoonstone855]

time 23:50 ; razy taxi driver does not work ! 男人不工作！ 太逗了 …>_

[@beachside1]

I wonder if they get raises in pay or promotion to make more money. The one who should make the most money is that scaffold guy. He is way up there in the company

[@conniekai]

very good documentary

[@vahehovhannisyan2267]

Why does it say 2011?

[@vprodocumentary]

This documentary was made in 2011.

[@tyaskirana5907]

Good documentary keep it up.....

[@vprodocumentary]

Thank you! You might want to give a look at our travel series channel kzbin.info

[@Krupp193]

Superb documentary once again!

[@vprodocumentary]

We are happy you liked it. Thank you for watching, and don't forget to subscribe for more.

[@symonperreault1462]

awesome doc thank you

[@vprodocumentary]

Thank you for your comment, we appreciate it! Don't forget to subscribe to our channel for more vpro documentaries, we upoload a new one every week! And take a look at our other channel kzbin.info dedicated to travel series, a new series is published there every month. Happy New Year!

[@Panorabeach]

interesting documentary...although the word Debt seems to be completely banned by chinese economist & businessmen...

[@1kdoc]

啥奔驰72万？

[@aertybhujm1]

I have finished watching this video completely. (我看完這部影片了) I am a Taiwanese who cares about the global affairs. (我是一個關心全球事務的台灣人) And, sadly, most of my fellow Taiwanese don't really care about the world. (但是，很不幸地，我大部分的台灣同胞不那麼在意世界。) Hopefully Taiwan can become increasingly globally-aware and globally-competitive. (希望台灣可以越來越有全球意識與全球競爭力。) God bless Taiwan. (天佑台灣。)

[@Kieper666]

Life is hard, but if you compare life-standard level of Chinese people nowdays to those who live 30 years ago the difference will be huge. Problem with buying flat for your own is nothing compared to the situation when you are starving,

[@greatbudapesthotel698]

This video has been made in 2011. Just look at the description under the video below.

[@vprodocumentary]

The documentary dates back to December 2011. We release it now on our new international KZbin channel, because VPRO Broadcast is currently subtitling in English, French, and Spanish a lot of amazing documentaries. You can find them on this channel, but also on Vpro World Stories, Vpro Metropolis, Vpro Extra. We want to reach out to people, to go over the language barriers and share with you.

[@agaucu3423]

Good work

[@johnolesen2359]

The average home price in China is now 33 percent higher in dollar terms than the average home price in the entire United States. Approx. 300k per home. That's true even though the United States has 7x the per capita income of China. If both husand and wife worked and made the average of 8k in China they would have to pay nearly 90 percent of their annual income for housing.

[@urbanchinamaggie8364]

This video is terribly outdated. The new date on the video "Published on Jan 1, 2017" is misleading, it was produced in 2010-2011, for a fast changing society like China, 6 years is a long long time. Why don't you produce a new video rather than re-publishing such an old documentary?

[@vprodocumentary]

The documentary dates back to December 2011. We release it now on our new international KZbin channel, because VPRO Broadcast is currently subtitling in English, French, and Spanish a lot of amazing documentaries. You can find them on this channel, but also on Vpro World Stories, Vpro Metropolis, Vpro Extra. We want to reach out to people, to go over the language barriers and share with you.

[@urbanchinamaggie8364]

Subtitles are very much appreciated! But since the Chinese government have implemented many new strategies to improve on the problems stated in this dated video, it is frustrating to watch, and unfair to those who have been making huge efforts to improve lives in China. It is true however, that the gap between the rich and poor is not a problem that will be going away anytime soon, but this is not a problem unique to China. How about producing a video on the new reverse trend of people returning to their villages to start their small business, their struggles and victories? And how that changes the countryside?

[@huancai3808]

it is a profound documentary i think

[@aertybhujm1]

The end of the video sucksssss! It ended as if there had been sth cut.

[@seaseaseran3924]

And that taxi driver didn't expected Chinese version of Uber would go popular after a few years the time the economy had gone better...

[@MrGod47]

Yeah, the Chinese Bubble in "2011", the funny thing is China becomes the second largest economies of the world in 2012, now we're in 2017 and I'm sure you can keep searching bubbles if you like. Bubbles, bubbles, every years, yes?

[@MatheusCarvalho-ji5uc]

Awesome documentary!

[@vprodocumentary]

Thank you Matheus

[@michealyu5810]

This video is 6 years ago.

[@vprodocumentary]

The documentary dates back to December 2011. We release it now on our new international KZbin channel, because VPRO Broadcast is currently subtitling in English, French, and Spanish a lot of amazing documentaries. You can find them on this channel, but also on Vpro World Stories, Vpro Metropolis, Vpro Extra. We want to reach out to people, to go over the language barriers and share with you.

[@PureVikingPowers]

Macau's GDP per capita nominal 80,893 USD While USA GDP is 60,055 USD & China GDP is 8,682 USD Damn good on Macau 👍 I guess gambling really does pay

[@TheRealHussle]

Love Vpro documentaries! amazing

[@vprodocumentary]

Thank you!

[@ruizhang5747]

we find the problems, solve them and progress.

[@peterwang5196]

Good documentary, lousy title. Can't really relate the content with the word bubble. Maybe the title should read "Sense of alienation under fast Chinese economic transformation."

[@vprodocumentary]

Thank you for your suggestion. We did correct our title.

[@polux178]

very interesting

[@1kdoc]

现在二线城市还好一点，三四线城市的房子已经卖不出去了，或者有价无市，反观一线城市的房价狂涨不止。其实这是一个非常危险的信号了，说明市场已经知道泡沫将破了，北上广的房价为什么还在疯涨？就是因为投资理财都抽离其他地方跑到那里最后狂欢了。就像非洲草原干死的鱼一样，最后都死在一小片积水洼里面。

[@lzbear]

就中国政府来说,表面上说是市场经济,其实还是计划经济那一套.政府干预市场的事情还少么.我比较认为这个泡沫不会破.因为有政府干预,如果真的有一天这个泡沫破掉,那么将会象前苏联那样.整个国家机器将会被这飞快的发展速度拖垮,崩坏!

[@vocvoc9895]

孩子，别做梦了，赶紧买房是正事，老婆孩子都盼着你呢。

[@maxz4274]

我就是十年前听了这段屁话，才错过了发大财的机会

[@pikminlord343]

an amazing video

[@lxt0702]

The Chinese economic is different from any other countries in the world, and I donnot think there is a bubble in the economic, because the Chinses people are too much smart and work very hard, and the price for living is not expensive,and we have the ALIBABA too...very great country, and people,,,

[@Tate525]

hahaha lol !

[@lxt0702]

Robert Oppenheimer thers is still something you can not understand,,,one is Chinese economic!!

[@danpt2000]

I'm not sure if these Chinese people know that a very significant portion of Americans are actually in debt up to their eyeballs: school loans, car payments, home mortgages.

[@georgeschuler7194]

尊重 35:00

[@TynanCreations]

Yeah I don't think the scaffold worker or taxi driver are going to be able to secure a 1 million dollar loan to buy real estate and flip it. So no the tycoon and them did not start from equal footing.

[@mrmtn37]

Sweet documentary very nice production. As always my only request is to add a translator, I listen or work and listen to youtube, makes it difficult to understand. Regardless good doc. I am in awe of how no country accepts environmental crises, or the idiocracy of boom and bust consumerism, resource use without care of the ramifications. Why is empire the goal? How is it that debt, and this society of empty Me's competing with inanimate objects to define themselves, or valuing one man over another is so great? Mankind is a piss poor caretaker of itself and our mother. Fuck monetary and govt systems, mankind requires niether. Much love to all life, and our mother earth.

[@vprodocumentary]

Hello, Subtitles are available in English, French, and Spanish, you just have to click on the little wheel icon at the bottom of the video player and to select the subtitles that you want. Best regards

[@mrmtn37]

vpro documentary If you reread my comment, yoy will see I am requesting a verbal translator. Bot critical and I am positive I am not the best writer. Once again great documrntary.

[@AbhishekKumar-fh6do]

China is so like India.Being an Indian I am able to relate to the anguish that poor and lower middle class feel towards the upper strata. It's was wonderful docu which does complete justice to the subject.

[@vprodocumentary]

Thank you Abhishek, we are glad you liked it. You can subscribe to our channel for more documentaries. :)

[@squelchedotter]

Taxi driver is a pretty mediocre photographer lol. Great documentary, great production value.

[@chhive]

I feel bad for the taxi driver, he needs to read rich dad poor dad, he seems to rely on the government/social economic progress to measure his success. I hope the scaffolder will find his way out.

[@LuisDiuk]

32:35 "The government is out of control" - True 39:34 "Crisis in a few years down the road" - True, documental from 2011, crisis burst on August 2015

[@leecris4311]

These so-called independent economists are so ridiculous. China's GDP per capita is 8000 dollars, and he thought it is 4000 dollars.

[@GeoffPeterson33]

Lee Cris this was recorded almost 6 years ago

[@mustafagenius2110]

Drew Lowry are you sure? so why they uploaded now if this video was recorded 8 years ago? what Chinese economy today have to do 8 years old video back then?

[@tyrelgoldberg661]

Then why release it in 2017? Right now the PPP of China is 18.000. They are almost a third of what the west is in real purchasing power. A Chinese that is hard working have better quality of life than the average American. Not that I like china for it's politics, but economically the people work really hard and get compensated for it. China will become a first world country like Japan and Korea in 10-15 years for sure.

[@BandytaCzasu]

The Chinese govt is cooking the books for many years now.

[@colinyuan5404]

what?

[@philphil4816]

in the present time.of.china you have to work 200 years old to obtain a principal housing.

[@mangos1346]

拍得还不错。 西方人总是一副上帝视角，批评这个那个，自己却什么都不做，留下十几亿人口要喂，国家很多时候能不介入就不介入了，有部分人总是牺牲品。

[@吴明-z3o]

傻吊，不要在丢人了

[@zjz19900621]

吴明 你才是傻吊吧

[@SilvanaDil]

The most amazing thing is that the pollution in Beijing makes any photography possible. If you're #1 in China, you *might* be #1 ... in China.

[@lzbear]

It Chinese government, on the surface that is the market economy, in fact, or that a planned economy. Government intervention in the market things less what. I think the bubble will not break. Because of government intervention, if one day the bubble is broken, it will be like the former Soviet Union. The whole state machine the fast pace of development will be broken down!

[@Eduardjms]

I have always though its an economic bubble, a fake

[@YTofuable]

bubble ≠ fake. You have always thought the two are the same? Then you have always been wrong, my friend :) :). Here's what a bubble is: a real-estate with 1 Million $ market worth and you decide to put the price tag at 3 Million for sale. The extra 2 Million is the bubble. What happens when the bubble bursts? The house is gone? Your real-estate just pops into dust? Obviously NOT. So what exactly does it mean when a bubble bursts? It means, the 2 Million is gone. The market price is back to the real worth of the house, 1 Million. You aren't able to sell it at 3 Million no more, but at its real worth. Get it? You won't lose anything, your real-estate is still there, you'd still get rich by selling it, it's just that it's not gonna make you 3 times richer. But if you're a buyer, you might be able to afford it, because you don't need to pay 3 times more money. So bursting bubbles are NOT necessarily a bad thing. It brings equilibrium to the much over-inflated market down to its proper worth. Get it now? All this time you have always thought about China, you could have spent it on learning what economy really is... and a little bit on your spelling and grammar. :) :)

[@mehrshadvr4]

eduard james capitalism is all about fakes and Bubbles. just think of United States and see how many bubbles have being burst. the latest on the biggest was housing bubble. capitalism is all about the speculation and it always collapse what cannot grow anymore.

[@声音听不得批评的]

Haha, always china bubble for 30 years, china is still doing well.

[@marsbel1846]

holy sh** this is gold quality news

[@beachside1]

I think China has a problem. Anybody remember the housing bubble here? Banks were lending money to anyone. After a while people had multiple homes that they expected to flip to make profit on. After a while, the homes were so expensive that no one could afford one but the investors thought and expected people to still buy. Not........The other thing is that if you notice is that everyone is trying to buy cars from elsewhere to show status. Why doesnt China make things that people within and elsewhere desire for quality. China makes things fast and cheap. Thats the only thing that they are noted for. With all those factories comes all the smog and pollution. Id say build at least a couple things that people desire elsewhere.We all know about the cheap scooters. I maybe wrong but im just trying to think out loud. You can help me if im wrong which i probably am but dont hurt me lol........peace

[@colinyuan5404]

Beijing is just Beijing, it can't represent the whole situation of China. and by the way, the translation is not good

[@vprodocumentary]

Thank you for brining it to our attention, we corrected it in French and Spanish, English correction will follow.

[@allgoo1964]

World class GDP. Third world class GDP per capita.

[@seaseaseran3924]

11.08.2018. Bout the time the bubble is going to burst.