Where is China's economy headed?

Where is China's economy headed? | DW News

Рет қаралды 39,081

Күн бұрын

China's ruling elite is meeting in Beijing for a long-delayed policy gathering called the Third Plenum. No big announcements are expected to reform the world's second largest economy. Xi Jinping is likely to focus on stability in the face of a real estate crisis, high youth unemployment and surging government debt.
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#China #economy

Пікірлер: 185

@beeman5015 Ай бұрын

Chinese economy is collapsing, Monday, Wednesday,Friday

@silafaupaulmeredith7251 Ай бұрын

China collapsing since 2000 especially with so called China experts like Gordon Chang Peter Zeihan yet it continues to grow something must be wrong with western MSM. Is it ideology, jealousy or pure racism I am not sure but they continue to put out the same BS about China every year.

@foosimon7537 Ай бұрын

Tuesday Thursday Saturday China is threatening Free World

@nikolayjerev6138 Ай бұрын

Imagine Scholtz TV talking for bad economy of China

@cristinaximera9663 Ай бұрын

1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg

@hengongchua6250 Ай бұрын

Indian media reported 2 years ago. Factories in China are closing and all moving to India. India's economy is booming and China is collapsing. A few days ago, India airlines advertised to hire new staff. 25,000 employed young men show up to apply. A private company advertised to hire 10 new staff. 1600 young unemployed men showed up for the application.

@groundreality5360 Ай бұрын

wow

@Alaryk111 Ай бұрын

In the last decade of 19th and 1st decade of 20th century all the newspapers were histerical about there being a big war in Europe any day. Just becauase they were wrong for 20 years soes not mean there was no war in 1914.

@Mrworldwideohmy Ай бұрын

who knew authoritarian communist regimes have unstable economies

@Dung1NguyenTuan-ew4ey Ай бұрын

So even when China's growth peaked, the West wont stop talking about whether the economy would fail.

@davenobody407 Ай бұрын

China’s growth 5% per year of a $18-19 trillion economy is in fact huge, this is equivalent of China creates an economy of entire Turkey or the Netherlands per year, year after year. At the rate of 5%, China’s total economy will double in 14yrs to $38 trillions, whilst the inflation is low. Meanwhile in EU or the US, the growth is 2-3%, but the inflation is 5.5%. You tell me which economy is performing better.

@The_True_Noble_Duke Ай бұрын

say less,😂😂DW

@shanelittle1025 Ай бұрын

5% according to China

@johngalt3940 Ай бұрын

5% 2024 then 4.5% in 2025. It can’t sustain that high rate.

@dinglshingle Ай бұрын

@@johngalt3940 yes

@COLLAPSE.of.US.ECONOMY Ай бұрын

That was interesting because his script was exactly the same, word for word, written by the Washington Post a few months ago. So, he was regurgitating?

@leqiaop1840 Ай бұрын

no, he is just from the same team. That script is written for team.

@rudyalfonsus686 Ай бұрын

hey DW, focus on your country's 0,1 % growth

@warren567 Ай бұрын

🤣

@kingswordsc Ай бұрын

Western media is increasingly only able to deceive their own voters, and the whole world is laughing at it. As a semi military occupying power of the United States, can't Germany have its own ideas?

@LouiseChong-xk5xp Ай бұрын

The west: that 0.1% is a lot more than 4.5%. Now u know why Chinese is better in math compared to the west😂😂😂

@LeszekDeska Ай бұрын

@@LouiseChong-xk5xp if you consider GDP per capita (what is better indicator) then that's correct. I've been to China and believe me - they have long, long way to go to match our life level. Even if they will grow for long they are still much much poorer than people in my country (Poland) not speaking about Western Europe.

@LouiseChong-xk5xp Ай бұрын

@LeszekDeska did we go to the same china? Why the china I went was way more advanced and convenient?😅 but of cause, in rural areas, things still need improvement.

@jonasp8920 Ай бұрын

Where is EU economy heading?

@arvindkatiyar526 Ай бұрын

Reforms are necessary for an healthy economy even if it slows down growth,the emphasis is on Reforms,China is Reforming for over 3 decades changing society is very difficult but is required for the economy to remain stable

@underconstruction5532 Ай бұрын

What about the German or European economy ?

@waynegore5291 Ай бұрын

China was, is and will be collapsing forever. It has very low growth rate of 5%, while Europe especially Germany has very high growth rate of about 0%. Congratulations, DW news! Enjoy!

@user-uw1uk4uw1g Ай бұрын

@@PlaceHolder-br9pz The World Bank and the IMF are good friends of China, and they have conspired to deceive the world.

@waynegore5291 Ай бұрын

@PlaceHolder-br9pz German numbers are WESTly verifiable, while China's WESTLY demonized. With strong indicators of number fudging in China westly.

@huanghermann5207 Ай бұрын

@@PlaceHolder-br9pz do you mean they are not showing the collapse you wish for?

@waynegore5291 Ай бұрын

@PlaceHolder-br9pz 1 It's called mastuxbation, Enjoy! German are very good at it.

@fpetren Ай бұрын

@@PlaceHolder-br9pzIndependently? Lol. It was sarcasm wasn't it?

@FreeSpeech-q7v Ай бұрын

Going better than RU

@weisong4402 Ай бұрын

多关注自己，少关注别人

@happymelon7129 Ай бұрын

Winners Focus on Winning, Losers Focus on Winners

@TomJonesisback Ай бұрын

♥️😎♥️

@apollo1694 Ай бұрын

那你幹嘛看德國的新聞

@brianlee6260 Ай бұрын

This guy gets invited to talk about China every time DW likes to cobble up a bad story about China. Is China having an economic problem? sure it is, who isn't? But this hardblowing on the negativity of Chinese economy is upfront deliberate.

@ThePiiow23 Ай бұрын

DW is forever mumbling along about China collapsing economy and feeling happy about it... So lets DW be happy ya😂😂😂

@kwektans Ай бұрын

When will you get Chinese analysts to talk about China. Some one with on the ground knowledge… There are a lot of Professors, Bankers, Economists in China who can be interviewed to get a non western perspective (Echo Chamber)

@eustasiocontreras8755 Ай бұрын

Don't expect much from a chinese analyst living in China. They are all controlled by the state and their mission is to speak nothing but pleasant stuff about the country.

@celebrityexclusives9108 Ай бұрын

You mean a CCP politburo member giving economic analysis? It'd doubtful they would give an economic analysis wasn't off message. The analysis would be whatever the CPP wanted it to be

@phillip76 Ай бұрын

The speaker is very biased indeed.

@huanghermann5207 Ай бұрын

@@celebrityexclusives9108 why then just 5%, not 50% growth?

@he-yi-jie-you-wei-you-bao-fu Ай бұрын

In China, the truly capable economists are all government think tanks, and they won't speak nonsense in the media.

@hengongchua6250 Ай бұрын

How about India? A private company advertised for 10 job vacancies to hire new staff. 1600 unemployed young men show up for applications. Just a few days ago. Airlines needs to hire some new staff. 25,000 job hunters show up to apply.

@prajwal1341 Ай бұрын

found the wumao🤣

@ObamabinLaden2283 Ай бұрын

You don't need to worry about India there are 1.4 billion go and do your work 😂

@Sadik-Oria Ай бұрын

China this, china that, china there, china china china....they want to forceful paint China look bad 😂😂😂😂

@ziedyacoub8488 Ай бұрын

French , German and British economies are much worse than the chinese , european economies can barely reach 1% growth , while China reached 4.5 % and has much room left to grow .

@tyroneanderson5619 Ай бұрын

Right but european economies are already rich and completely developed, the low growth rate is bad for them but not as bad as it is for the chinese economy. You're not even a high income nation yet, chinese people are still poor, your domestic consumption is so bad that you depend on exports for the most part, because chinese family can't afford the products they manufacture. On top of that you're growth is already slowing down.

@mikkelv7020 Ай бұрын

Also a lot of the China growth is from national infrastructure which can be very good, but they are building the 10th bridge crossing in cities. The growth is somewhat inflated

@AlexThipthorp Ай бұрын

@@tyroneanderson5619summed it up perfectly

@TheKkpop1 Ай бұрын

@@tyroneanderson5619 Ironically, Chinese household saving is 2.5 trillion USD which attracts envy from rich Western countries.

@TheKkpop1 Ай бұрын

@@tyroneanderson5619 Chinese household saving is 2.5 trillion USD in 2023. What's the negative saving of the west?? Check into the mirror b4 making Chinese bashing.

@GraniteInTheFace Ай бұрын

China's residential prices have collapsed 10% from their 2023 peak

@invertedsausage8649 Ай бұрын

Weird, it’s almost like repressed and nearly enslaved people aren’t good for the economy. Who knew

@tommay7735 Ай бұрын

China growing by 4% bad?😊 EU growing by less than 1% is what than?

@akeshshi9137 Ай бұрын

Dictators can say any growth number they want to, there's no opposition to question them 😂

@孙瑜-s8h Ай бұрын

@@akeshshi9137 But China is a country that allows immigration. If the dictator cannot be recognized by the people, why is the immigration rate in China not particularly high?

@akeshshi9137 Ай бұрын

@@孙瑜-s8h Because only the rich could afford to migrate properly. Look at the numbers recently moving to singapore abd australia. The not so rich would cross the US border from mexico illegally.

@gezhang-nu2vv Ай бұрын

People should go to China to see by themselves. And realize the true China.

@BenhurBaguio Ай бұрын

Labor shortage gap? When many are unemployed and under employed ?😂😂😂😂😂😂😂😂😂

@waynegore5291 Ай бұрын

DW news, it's good as long as you can make yourself feel good. It's called mastuxbation.

@urbanstrencan Ай бұрын

It will be interesting where China is headed in the next 5 years 🤔💰

@WilsonBanez-tp4sr Ай бұрын

China stability is downward to negative trend

@huli7963 Ай бұрын

It is not going well,but it is not collapsing.

@lastChang Ай бұрын

They gather in a plenum discuss how to cook numbers. In 2023, real China's 🇨🇳 economy shrank -3.5% as opposed to 5.2% expansion as officially announced. - So this year, they will just publish a 5% growth regardless of their economy.

@Xcelcior6780 Ай бұрын

Are You Done Bot😂😂😂

@vervetech9395 Ай бұрын

Conspiracy theorists are back at it again. Live in your fantasy world 😂

@michaelrenper796 Ай бұрын

@@Xcelcior6780 Ask people in China if they feel richer than 5 years ago. If their income has increased. And then scratch your head where 25% economic growth went.

@AhmetTekin101 Ай бұрын

@@vervetech9395 Where have you been living? under a Chinese commumist rock? Get out of the rock to learn basic info.

@vervetech9395 Ай бұрын

@@AhmetTekin101 First, define communism. Let's see if you're educated.

@user-di2iz8uc1g Ай бұрын

what about japan

@lwmtx6156 Ай бұрын

How about Germany’s economy?

@annehersey9895 Ай бұрын

I’ve heard on China focused business channels that local debt isn’t 11 trillion but 16 trillion.

@孙瑜-s8h Ай бұрын

It should be an estimate of the hidden debts of local governments. Chinese local governments cannot resist central decisions, but sometimes government officials will conceal bad news in order to get promoted.

@thomHD Ай бұрын

The point is that China will grow old before it grows rich and is unlikely ever to overtake the US. Reports like this aren't some Western conspiracy to undermine China (how lucky you are to have freedom to criticise, however)

@andia968 Ай бұрын

you forgot 1 very important factor AI and robots and they are leading in this sector ..

@thomHD Ай бұрын

@@andia968 Not forgetting it, it's just that it's a false argument. Automation won't make up the rate at which the Chinese population is due to fall; it's pure wishful thinking to suggest it will. The same has been said about Japan (and many Japanese would rather pray for robots than ever consider the idea of immigration). In reality, staggering public debt and a sinking economy are much more likely than robots taking over. Even if automation could fix it, the Chinese population will never be rich when it's based on cheap manfuacturing. The USA will be the wealthiest country in 2050 and 2100. Neither is Chinese GDP per capita is likely to rise above Western European nations in our lifetimes.

@happymelon7129 Ай бұрын

Winners Focus on Winning, Losers Focus on Winners

@mutkaluikkunen3926 Ай бұрын

And western media focuses on reporting news as they are. I know it's hard for someone from a communist country to understand because you've not grown and gotten used to open and honest reporting.

@tomhenry897 Ай бұрын

South

@kenho-wr5ul2rh7m Ай бұрын

china has been facing very harsh economic/military/political headwind for 7 decades this trained chinese to be very good problem solver

@eskay2012 Ай бұрын

All these talking heads just out on a ‘monkey suit or a red tie’ and start talking with what they read in the western news. Of course, the source of the narrative are all started and keys gets the ball rolling. 😂

@hfmkkskpo4127 Ай бұрын

Economy is not the China government priority. You can tell how they treat private companies especially foreign one. Echo from Elon: "Where is Jack Ma?"

@bullpup1337 Ай бұрын

staying in power is number 1. Stability is number two. Steady pork supply to Xi is number 3, 4 and 5. Economy? who cares.

@Xcelcior6780 Ай бұрын

Private Sector Should Be Under The Thumb Of State Otherwise They Steal Money From The State Nothing More.

@silafaupaulmeredith7251 Ай бұрын

Back to his place In China there is capital but capital does not control your life. China growing by 4.7% and it very bad news DW by 0.4% and its good

@joey3291 Ай бұрын

In case you don't know: in China, Jack Ma is a native, Elon is a foreigner, and Elon's private business is running pretty well.

@hfmkkskpo4127 Ай бұрын

@@joey3291 In case you don't know, Tesla vehicle was blocked in various locations in China. BYD is getting larger EV market share. Please Google yourselves the reason. It impacts Tesla stock price. I really don't know how you define "running well".

@groundreality5360 Ай бұрын

China´s economy is not collapsing but transforming from low end to high end. Who will fill the gap of semiconductor machinery. Aviation and defence sector, renewal energy sector, pharma equioment sector? of course chinese local companies, what the effect around the world? developing countries will receive low end labour intensive industries,Flux of chinese tourists, what the developed countries receive? no market for over hyped, over priced products, and collapse. starting from UK, EU and Japan. China has much more space to grow, but where do you (west) have?

@leeliu6867 Ай бұрын

China china china any anti china news increases their channel Viewership rating

@badmawededu6078 Ай бұрын

Don't worry about China. They know everything and they can everything. The Great Wall of China, putting the wall at almost 3,000 years old.The average height of the wall is 7.8 meters (25.6 feet), but in some locations, it can be as tall as 14 m (46 ft) in height. The total length of the Great Wall is 21,196.18 km (13,170 miles) long.t is 21, 196 km long. This alone says everything about China. What was doing Europe 3000 years ago including England?

@Sadik-Oria Ай бұрын

Continue talking rubbish in that small room of yours called studio but china is unstoppable 😂😂😂😂

@ArabicReja973 Ай бұрын

Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the pre-pandemic level in 2019. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?

@MrGaryZhou Ай бұрын

Give your sourse of data.

@michaelrenper796 Ай бұрын

@@MrGaryZhou Its all public information. Just look around. Its even available in China, if you can keep your attention away from Douyin for more than 5min

@vervetech9395 Ай бұрын

Gotta love the wishful thinking sinophobic accounts. They're the same in every video about China 😂

@MrGaryZhou Ай бұрын

@@michaelrenper796I don't use DouYin, I hope your data is not based on your assumption like this one. Easier to type comments than copy & paste sourse?

@cristinaximera9663 Ай бұрын

@ChopinLuke Ай бұрын

Growth at 5.2% and 4.8% were pretty good, was it not? What are you expecting?

@Rehunauris Ай бұрын

Those are Chinese govt fixed numbers so real figure is most likely under 4%. Chinese govt even banned news about youth unemployment...

@alpante7813 Ай бұрын

😂😂😂 your platform of dollar monopoly are only for your own dollar program, a new platform are coming out and no study had been done, all economist are just speculating for now, no ideas just assumption, their are other countries want to join in with the new platform, those country are pulling out their assets together to start out this platform and creating their own system, now their will be a competition, sanction is very evil and unfair towards other country who don't follow their rules😢😢😢

@halisonserrao9351 Ай бұрын

I would like to understand why DW is so interested in Chinese economy? Would be more plausible to focus on Germany’s growth and economy? Jo, they prefer to speculate só they will earn more…

@maftab3818 Ай бұрын

Hypocrite Europe

@frankietam8613 Ай бұрын

Otherwise who would listen, must say something sound alarming 😅

@a-c3po Ай бұрын

Following the title logic, China facing an economic headwind, so Germany or the EU facing an economic storm, right?

@mutkaluikkunen3926 Ай бұрын

A little touchy, are we? Don't take it personally. Western media is just much more honest than chinese or ruzzian one, that's more of a dictatorial mouthpiece than a source of credible and trustworthy information.