The Rise and Fall of China's Economic Miracle

[Your Old Comrade]

In this episode we take a look at the many problems facing China's economy. How did the country end up in this position and what does it mean for the rest of the world?


Sources:

• https://www.nytimes.com/2022/07/19/wo...
• https://www.cnbc.com/2014/09/07/china...
• https://www.bloomberg.com/news/featur...
• https://www.bloomberg.com/news/featur...
• https://en.wikipedia.org/wiki/Chinese...
• https://en.wikipedia.org/wiki/Propert...
•

• Evergrande: the e...
• https://theconversation.com/china-pro...
• https://www.china-briefing.com/news/e...
• https://www.bloomberg.com/news/articl...
• https://www.cnbc.com/2022/08/22/china...
•

• China Has A Debt ...
• https://eurasiantimes.com/a-whopping-...
• https://www.business-standard.com/art...
•

• China's Internati...
• https://www.ft.com/content/eb2d89f6-a...
• https://www.bloomberg.com/news/featur...
• https://time.com/6182781/china-zero-c...
• https://www.thebalance.com/how-would-...
• https://www.grid.news/story/global/20...
• https://www.bloomberg.com/news/articl...
• https://www.theguardian.com/world/202...
•

• China’s Slacker Y...
• https://www.nytimes.com/2022/08/04/bu...
•

• China's Catastrop...
• https://www.bloomberg.com/news/articl...
• https://www.nytimes.com/2016/12/26/bu...
• https://www.theguardian.com/global-de...
• https://www.grid.news/story/global/20...
• https://www.atlanticcouncil.org/blogs....
• https://www.barrons.com/articles/chin...
• https://www.thebalance.com/how-would-...

For a long time, the story of China’s rise was flawless. An incredible transformation of the whole country. A new economic model challenging the Western liberal capitalism. Hundreds of millions of people lifted out of poverty. And China becoming the new global superpower, with growing influence around the globe and on its way to replace the United States as the world’s biggest economy.

But lately, things have seemed kind of…different.

00:00 - Intro
01:31 - From Rags to Riches
03:58 - The Price of Success
10:09 - The Economic "Perfect Storm"

[Your Old Comrade]

While it first appeared China's economy was making a great post-pandemic recovery, recent economic data is casting doubt on this narrative. So in this video, we break down why China's property sector, exports and consumption are hold back their economy.

The recent decline of the Chinese yuan has undoubtedly had implications on the government of China and Chinese citizens. In this video, we explore how the yuan devalued over time, how the People's Bank of China controls its value, and the reasons behind its current decline.

[Your Old Comrade]

CHINA is in Deep Trouble and the latest data for July reveals that EXPORTS Collapsed by 14.5% and imports fell by 12.4% The economy is slowing much faster than expected and inflation has now fallen to 0%, leaving China on the verge of DEFLATION. In this video, I provide full details of the latest economic performance and discuss the potential impact on the Global Economy.

For specific details, please check out the CHAPTER list below.

Thanks for watching and please LIKE and SUBSCRIBE.

Chapters:
0:00 Intro
2:14 EXPORTS
5:45 IMPORTS
8:15 PURCHASING MANAGERS INDEX
10:52 INFLATION
13:31 PRODUCER PRICE INDEX
15:36 YUAN
18:33 SUMMARY & CONCLUSION

[Hexachordia]

NATO`s existence in Asia is unacceptible, because as an expanding militarist regime, it becomes a syndicate rather than any usual organization like UNESCO or any NGO agency designed for hostile infiltration. The sheer existence in Asia of NATO will create long-standing hostility between asian countries like it has done among Baltic nations and between Eastern Europe and Russia. Now you see the result !!

Why I conclude that it is Europe and the world: including Russia and China and every interested countries who are in control of the USA not vice versa like most people believe, is that if jews are in control of the USA, and jews being atheist and put in charge of american and global finance, so the the USA simply do not have a real ideology but as a contractor, in financial service as well as military. Also, it explains well why Czarist Russia ceded Alaska, Chinese CCP and KMT had american freemason roots, why Japan was willing to be occupied by the USA rather than the Soviets(I am your client not Soviets). Therefore even it was Italy, sending f35 fighters to Japan is far more serious than the US stationed the same number of F22 in Japan. Don not fool us, you vicious sick african abino scums.

Europe! Stop instigating hostility in Asia. If only to deter China, the US military will be more than enough, since there is a global liaison with the USA including the chinese one.

Italy Air Force hauls an F-35 contingent to Japan for first-ever drill

ROME — As Italy gets down to work with Japan on the Global Combat Air Programme (GCAP) with the aim of building a new sixth-generation fighter by 2035, it has boosted defense ties with Tokyo by dispatching F-35s for a first-ever training exercise in Japan.

[Hexachordia]

Europe please do not try to fool anyone. When this war in Ukraine broke out, I knew somebody outside the USA had tip the balance of the american liaison, and they are 100% not american. Be them russian or european, both of you are europeans anyway. Now I know the real warmongers hide in Europe including Russia. People better watch out for them.

[Hexachordia]

While seem to be the biggest winner out of the Ukraine War, using my theory, with the american liaison tipped,and tilted toward Europe and prompting NATO to enter Far east Asia, China is in fact the biggest loser. Not only NATO will instigate hostility between asian countries, also Russia could use this opportunity to create a secondary front with the NATO in, across Asia. Who is the winner?

Japan, you worthless piece of sheet race, if by nationalist conflicts you will never be conquered by anyone, neither China nor Mongol nor Soviets had conquered you, however if you bring the NATO thug into Asia, you will be staking your whole soul, because it is more than nationalist problems, but out of your sheer hatred toward the rest of Asia, you try to stomp on your asianity and create hatred among asians. As a european regime, they run on vanquishing, deceiving and enslaving the world, that is how they gain the economic motivation to maintain the huge military. You deserve zero compassion as a member of asian humanity, if who give you this compassion then he/she just proves to be an animal.

NATO is not a humane organization(I am serious), so is Russia`s militarianist government, but we have not choice so far. But if this matter advances, there will be forced choices to be made.

[Your Old Comrade]

It's time for the Western countries to bring industry home. Prices may go up, surely, but wages and government benefits will have to be raised substantially as well. China, or rather globalisation, has made us all poorer, and it's time to reverse it.

[Hexachordia]

It's time for the Western countries to bring industry home. Prices may go up, surely, but wages and government benefits will have to be raised substantially as well. China, or rather globalisation, has made us all poorer, and it's time to reverse it.

This is why Ukraine war happens, the western industrial countries are trying to re-industrialize and bring back the money, in order to do so, they needed a war to boost the the government expenditure and raise the energy price, so as to calling the money back. Not a good move, since this strategy will further tighten colonial control and risk internal conflicts between western and colonial nationalities.

[Nausevar]

This is why Ukraine war happens, the western industrial countries are trying to re-industrialize and bring back the money, in order to do so, they needed a war to boost the the government expenditure and raise the energy price, so as to calling the money back. Not a good move, since this strategy will further tighten colonial control and risk internal conflicts between western and colonial nationalities.

I totally don't understand the logic behind your theory. How do things that make you poorer "bring back the money"?

[Hexachordia]

I totally don't understand the logic behind your theory. How do things that make you poorer "bring back the money"?

There is a proverb in classical chinese:弱民强国-impoverished people makes powerful country. It is a policy of militarism, and then use militarism to boost economy in the way of war economy.

In the words of Catherine Lutz, one of the foremost anthropological theorists and observers of militarism, the process of militarization “has reshaped almost every element of global social life over the 20th century.” It

Using high price in energy can stop you from costing on chinese products, and also from spending on many non-hightech products like handbags, then to invest in high tech and other new weapon productions.