The Rise and Fall of China's Economic Miracle

[Your Old Comrade]

00:00 Introduction
00:12 Chinese Economy: Consumption, Housing, & Zhongzhi Mess
07:57 Bloomberg Report on Huawei

China Update provides viewers with the most up to date political, economic, and geostrategic analysis on China. Videos are based on hundreds of articles, think tank reports, government statements and other resources in English and Chinese. China Update is fully independent, all views and analysis are all my own and I make the videos.

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00:00 Introduction
02:51 Zhang Jun’s Interview On China’s Economy
11:00 Pettis Response

[Creoda]

As the Chinese have no hope of adequately replacing their shortfall of young workers with immigrants, they're going to be forced into automation on a massive scale, which will hopefully show the way for Western countries taking the lazy way out, far too late though unfortunately.

[Your Old Comrade]

This doesn't sound good:

[Your Old Comrade]

Yup: China is getting strapped to table and its cheeks spread, It's coming, boys, look away as it won't be a pretty sight...

[Your Old Comrade]

[Your Old Comrade]

[Your Old Comrade]

[Your Old Comrade]

The downturn in Shanghai's real economy is apparent and has impacted the development of new projects. A hot topic in China's business circles is the reported halt of the 'Golden Central Development Belt' project in Shanghai, planned with a total investment of about 624 billion yuan. Initiated in July 2020 under the leadership of Chinese Premier Li Qiang during his tenure in Shanghai, experts believe the project's suspension reflects a pessimistic outlook on China's economy, governmental budget constraints, and a significant reduction in infrastructure projects.
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China's National Bureau of Statistics has vowed to punish officials for falsifying economic data - warning that anyone caught fudging the numbers would be "found, investigated and dealt with." The warning comes amid mounting skepticism about the veracity of China's official data.

The video features analysis from Derek Scissors, Senior Fellow at the American Enterprise Institute.

[Your Old Comrade]

[Your Old Comrade]