Is China's $6 trillion economy on a bubble?

[HousekaterClaudio]

Besides faking and lying on US/UK/Zionist Wars and covert Agression on Libya and Syria, Al-Jazeera seems even spread disinformation on the financial sector in favour of western interests.

Just as a tip: Leave out propaganda spreading channels like Al-Arabia, Al-Jazeera, CNN, FOX, BBC, etc. and inform yourself in alternative media. There you can read competent and detailed information which makes sense.

[wheezy951]

Stream has the most annoying intro. Kill it PLEASE! It ain't hip,it's just shrill.

[shanesekiller]

You people are so funny. China never complains or involve other democracy country. but west and us keep blaming on communist for over 6 decades now. But china just passed all euro, only one left, US.

Be careful

[Hewettish]

Ahmed is so fucking hot

[BigKatz]

What an awkward show format. They can't address two (lousy / un-screened) online questions at once; the two guests aren't involved in a discourse of any depth. Just Arab twit / frat boys try to slap together a tv show near their embassy. They don't even have a set, lighting, a dolly, a competent cameraman, or a sofa the guest can be comfortable on. It's like their loft / office / set / production studio

[tubichka]

Communism will drag China in to whole, in hell class warfare, communist liders will never step down peacefully, it will be ugly. Same thing happen to USSR, Hungary, poland, romania, lybia, egypt, ukraina, the ex-east germany, etc. ... nothing new wonder why and how people forgot about this and they really expect something different to happen in china LOL

[humaner]

Their Lumber market has collapsed

[TheCODjihad]

I R A PANDA

[Steve2323ZX]

that asian guy looks like the chinese Laurence Fishburne

[Gwegqwet]

Don't buy more poison tainted made in china shit! we don't want chinese bully pigs to prosper.

[Wolfiespeaks]

I hope it is a bubble and it burst because they produce absolute shite.It either falls apart or breaks. Stick to take aways!

[telecake]

@Wolfiespeaks oh really? why don't you fack off? Are you a white british? i'll stick the takeaway up your you know where.

[Wolfiespeaks]

@telecake Dream on arsehole you couldn't knock the skin off a rice puddin

[Wolfiespeaks]

@telecake By the way if you ever need a heart valve I hope they stick a chinese one in you because you'll be fucked within 3 months...................retar­ded dick, what the fuck has Canada ever done?

[Wolfiespeaks]

@telecake If China's so great why don't you live there? Oh I forgot you prefare to live in a free country because your government shoots you

[Wolfiespeaks]

@telecake Lots of men on your channel ...........are you gay?

[AtlasDerek]

中国的 "出口依赖" 的 经济 必须 改变。世界 市场 将 有一天 会 变太小, 对 中

国, 就像 母亲的 奶 变太少, 对 婴儿。 中国 必须 变为 消费者 经济 才能 保持 成长. 我买你的鱼, 你买他的菜, 他买我的肉. 中国 市场 是 大到 足以 保持 中

国的 经济 增长. 最难的 是 保持 金钱 流动. 那 得 靠 扣税. 扣税 是 维一 可

以 避免 有钱人 囤积 金钱 的 方法. 越 有钱 税率 越 高. (扣税) 就像 心脏 保

持 血液 (金钱) 流通.

[mispistoleros]

a few missing facts:

-a 2008 CASS/RCSC/BACCP study found 2,932 out of 3,220 of china's wealthiest are children of senior party officials

-they got the bulk of the stimulus $, plowing it into real estate and stock markets, creating bubbles

-close to 50% of china's domestic economy is related to building those empty cities

-the central bank is bailing out state companies which are mostly owned by family of party officials

-china's internal debt is = to the UK, @ 60% of GDP

-rampant corruption

[mispistoleros]

China is Sliding Back into Totalitarianism - Stefan Molyneux Interviews Gordon Chang

watch?v=uqoPknP-WZE

chinese presence in zambia became the #1 issue in 2008 zambian elections when lusaka times reported over 70,000 chinese were granted residence papers. letters to the editor told the story. one man said he worked with chinese, that they had no particular skills, that they said they were in zambia to serve prison sentences.

beijing is literally colonizing africa as well as plundering resources

[walle1999]

@mispistoleros Gordon Chang is an idiot, he attempts to promote his book through bashing china on every account possible, its working quite well because as most americans would actually buy into his one sided arguments. Hes been predicting the collapse of china for over a decade now, he said it would in 2006 and today still claim its still on the brinks.

Chinese presence in africa is all about the money, there have been several documentaries made.

[mispistoleros]

@walle1999, chinese presence in africa is all about the same reasons china invaded tibet, east turkestan, mongolia and occupied manchuria: resource plunder and colonization

[walle1999]

@mispistoleros so now machuria is also sovereign accord to you people now? Learn up on the proper history, 2500 years of chinese historical record. Machu was only for a short period a puppet state of Japan. Colonisation would mean exerting chinese bureaucracy / values into the society which china is in no way doing in Africa. Tibet / East turkestan were always part of china as early of Yuan / Tang dynasty.

[walle1999]

Every country always does whats in their best national interest, the chinese is just doing so through its chequebooks and the west is jelous, all this talk of chinese threat / aggression is really one sided arguement. One can see why china is confronting its neighbors from their perspective, the country is literally surrounded by "adversary" countries mostly backed by the US, many with military bases, its no wonder the chinese needs to be dominant in the region.

[what77777]

@mispistoleros Yeah you just proved you're a clueless tool by referencing Gordon Chang. The guy has been predicting Chinese doomsday for a decade now. He rakes in money by doing this shit.

[mispistoleros]

@what77777, chang is worth listening to for part of the puzzle. as i stated, there are some pertinent facts that were left out here. no one is gospel; by reading and listening to many sources, you get a better picture.

as for "clueless tool", most of my data comes from chinese sources, like the Chinese Academy of Social Sciences, the Research Center for state Council, the Beijing Academy of the CCP, the Asia Development Bank and then Jane's Military and varied articles...those are sound sources.

[KriztofferKriztenzen]

Everything can happen.

[jademinion]

He says "You're in the stream"

...and the logo is yellow

...am I the only one grossed out by this?

[GBXS]

@jademinion Right, this is clearly the wrong video for you to be watching. I suggest just sticking with Ray William Johnson.

[SageCrowIey]

@jademinion Yes. Grow up.

[jademinion]

@SageCrowIey ah I'm sorry I guess none of you have a sense of humor. I'm going to go make a show called "The Taint" and credit you as lead designer just for fun.

My point was AlJazeera should have better advisers for cultural differences if they want to succeed with grabbing native english viewers. Bad marketing is bad business. Is that grown up enough for you...geez.

[SageCrowIey]

@jademinion So, urine jokes are a culture now?

[jademinion]

@SageCrowIey Cultural differences. If this show was released on TV in america it would be cancelled in a week. Nobody would take it seriously. You also obviously know what the stream means in another context, so if you were a producer on this show would you say: Yeah sure lets use yellow as our primary color.?

Have you every heard of the Japanese drink Calpiss. Nobody wants to drink or watch piss. They changed the name to Calpico when they marketed it abroad because it's SMART BUSINESS.

[SageCrowIey]

@jademinion lol, okay.

[dontliethetruth]

china is the world's assembly plant...if the world slides into a double dip china's lack of internal demand may haunt them..and that's not a good prospect considering millions in the chinese labour force, most of them still poor, depend on a >6% annual gdp growth

[what77777]

@dontliethetruth Most poor countries don't even enjoy 6% GDP growth lol. Look at India. THey have much higher inflation and poorer growth than China. THey're still surviving.

[Bander1]

what is not talked above is the fragility of the Chinese economy.

The US economy goes bellyup, a real depression like the 1920s happens. The USA will still exist as a country and will probably rebuild.

The Chinese economy goes bellyup. A real depression happens. China collapses into warring states like from 1911 to 1928 or the various "dark ages" between the dynasties.

[walle1999]

@Bander1 you may have overlooked the fact china was in such turmoil during the early 1900s was due to overthrowing of the Qing and Yuan Shikai

[Bander1]

As for Africa, China needs resources to fuel its economy. The question is:

Why buy these resources at inflated prices from US/Japanese/Euro companies when you can get these resources directly from the African countries directly with your own companies.

This is consistent with the Chinese economic mindset...do things as cheaply as possible since extra cost is no good for your business.

[Bander1]

However, China's economy crashing is a critical issue for the USA and the rest of the world.

Chinese economy crashes, Chinese gov. collapses...expect a civil war and the provinces would try to seceede. Back to the warlord era of 1911 to 1928. This time, the warlords have nuclear and chemical weapons.

The world is fucked is this happens.

[Bander1]

Yes China's economy like Japan was on a bubble.

Why???

Japan's economy depended on exports mainly on the USA.

China's economy depended on exports mainly on hte USA.

The USA economy goes into recession or the USA pulls the leash...China goes belly up.

I think that China is more fragile than Japan...why?

Japan has a big internal economy. China is mainly devoted to export while it has a growing internal market its still underdeveloped since most of the population is poor.

[yourtreat2]

What bubble? Don't you know anything about the cost of food in China?

Don't you know anything about the "Ant People"?

Don't you know anything about the huge number of University grads in China that can get a job?

Don't you know that China's bailed out the world, and is NOT getting paid back because EVERYONE is going down.

This upload is too fucking stupid to even debate.

[Strugglle]

It's been about three years this prediction back in january 2009 i suprise when people call china bubble and expect people to belive? all corporation, economist and mainstream media are hypocrite and ignorance!

[Milieunet]

The world is on a bubble and the biggest bubble in the world we can find in the United States of America

[Icix1]

A bubble caused by 1st world spending. When that dries up China is fucked. Sorry all those connections they've been making in Africa won't replace lost cash flow.

[slhines7]

Judging from the quality of the products that they export from their Country, I would have to say one surely would think so. However, China's bubble will pop just like is continually doing in the USA, but the only major difference is that China is the USA's creditor Nation, whereas the USA is the worlds largest debtor Nation. So, the USA is one to be concerned about, NOT CHINA unless they never get paid back, which they won't of course:)

[TickleMehNancy]

this guy picks out the stupidest fucking tweets.

[rahulindofighter]

China has been buying gold,silver for a long time now..Seeing gold prices,i dont thin their economy will have any problems in future

[valekm]

@rahulindofighter this is what the people say here. If they do not expand geographically, they will prosper... German Fascist expansion finished, UK colony collapsed, US is collapsing

Staying independent and ambitious ONLY in the frame of the actual country, any nation can prosper.

[valekm]

China produces hell of a lot of stuff, makes heaps of cash and needs to invest it. They buy gold silver land and shares. Slow grow is still growth. THe whole world is in DECLINE Europe and US should pray for 1% growth in production (not taking derivatives into account)

[JogBird]

Even if there is a collapse, people are still gonna need to buy stuff, and that stuff isnt going to be made in USA or Europe anytime soon. So, people will just buy less.

[BestAtNothing]

He was on facebook at the start.

[GluttonForSex]

China's economic growth mainly comes from its export. With Europe (and pretty much America as well) facing a potentially major economic downturn however, they'd be (very) wise to switch to more domestic activities. Otherwise, China runs a real risk of getting dragged into this crisis as well.

[RafaelFernandeSantos]

@GluttonForSex China's grows mainly on investment. Exports are not its main growth engine. if it were, China's economy would be receding as a result of weak demand in the 1st World.

[missbutter81]

@RafaelFernandeSantos Can you please expand on that? What do you mean by growing on investments? do you mean foreign investment? market investments? I'd like to learn more about this.

[RafaelFernandeSantos]

@missbutter81 I mean infrastructure investment. Housing, and infrastructure modernization and expansion are nowadays the main engine of Chinese growth. This has become more pronounced in the last few years. During the 2008-09 crisis, CHN managed to compensate for the drop in exports by investing more, and this hasn't changed. 0% of China's GDP growth in erd quarter of 2011 is due to exports, which means that 100% of its 9.1% annual growth was due to investment and consumption.

[missbutter81]

@RafaelFernandeSantos Thanks for the info! it's a real eye-opener, because we often think that if the US economy goes down, then so will China's.

[RafaelFernandeSantos]

@missbutter81 If the US goes down, I think the most worrying factor to China would be the US inability to meet its debt obligations. This would harshly affect China, who's of course a major holder of US treasury titles. China's exports would surely be reduced, but I don't know how much and how large would be the effects on Chinese economy, industrial activity and employment. As I said above, China continues to grow a lot even though exports are not and net export growth is stagnant.

[angelusp777]

@GluttonForSex

exactly

[WisdomThroughLogic]

@GluttonForSex They could always trade with others, or de-couple from the west. If the USA, and Europe goes down the tubes, The standard of living in china will skyrocket. There is nothing they need that they cannot make themselves.

[Herimia]

@GluttonForSex You are so right. I hate it when people think that when the west has less money to spend its a +1 for China.

[crumcon]

@GluttonForSex when depression is coming to the U.S. and EU, people start looking for cheap stuff.. i mean dirt cheap! thats when chinese goods comes to handy. To make it even easier to the Chinese, they will devalue their currency which makes their export even cheaper like dirt.

everywhere i see in EU, people start looking for cheap stuff for everyday use.

and we should forget, China has expanded some of their export to African countries and ASEAN countries, with billions of consumer

[redwhitedude]

@GluttonForSex The problem is the vast majority of chinese are barely eking out a living. They are no where near being part of the middle class with disposable income.

[OpenTheTrollGate]

@GluttonForSex 30% of the gdp is export-based, noob.

[Norwegian733]

@GluttonForSex Wrong. 70- 80% of the GDP growth comes from continuing building of real estate and office buildings that now ends up empty.

Its run by communist plans and they dont want people to lose their jobs. Its not the market that wants this, and therefor its not healthy for the economy. Its the greatest bubble ever and its going to burst in a few years. The amount of debt on regional authorities are extremely high.