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

The world's second-largest economy could be slowing after decades of record growth.

Guests: Dean Baker, Victor Shih

Category:

• News
• Science & Tech

Tags:

• thestream
• youtube
• aljazeera

[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.

[BestAtNothing]

He was on facebook at the start.

[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

[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.

[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

[OpenTheTrollGate]

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

[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.

[humaner]

Their Lumber market has collapsed