China’s Looming Crises | CNBC Marathon

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CNBC Marathon examines China’s crises, encompassing real estate collapse, population decline, and soaring urban youth unemployment.
China is facing a growing list of problems - real estate, semiconductor bans and labor market gyrations. The world's second-most populous country also has a major youth unemployment problem. China's urban youth unemployment rate has risen to 21% as of May 2023, up from 15.4% two years earlier.
China remains home to 1.4 billion people. But that number is getting smaller. The country's National Bureau of Statistics reported China's population slipped to 1.412 billion last year from 1.413 billion in 2021. The last time China saw negative population growth was in the 1960s. Many experts believe that China's one-child policy, introduced in the 1980s, is one of the main reasons for the population decline.
China's real estate industry is collapsing in slow motion. Major developers like Evergrande and Country Garden remain stuck in spiraling debt problems. So-called 'ghost cities' dot the Chinese countryside. And now the International Monetary Fund just cut its global growth forecasts for 2024 and called out China's real estate crisis as a big reason why.
Chapters:
00:00 Introduction
00:48 Why Youth Unemployment Is Surging In China (Published September 2023)
12:32 What China's Shrinking Population Means For The Global Economy (Published March 2023)
21:21 Will China's Real Estate Crisis Hit The Global Economy? (Published October 2023)
Produced by: Christian Nunley, Anuz Thapa
Narration by: Jordan Smith
Additional Editing by: Kevin Heinz, Brad Howard, Jack Hillyer
Graphics by: Christina Locopo, Jason Reginato
Production Support: Kate Sammer
Supervising Producer: Jeff Morganteen
Additional Footage: Getty Images
Additional Sources: Getty Images, Reuters
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China’s Looming Crises | CNBC Marathon

КОМЕНТАРІ: 3 000
@ammarhalees6370
@ammarhalees6370 14 днів тому
US mainstream media's 51203th report on the looming collapse of china 😂😂😂
@FakeReal007
@FakeReal007 14 днів тому
Lol every year there is news like this about the doom of China. For the last 30 years. 😅
@felice5686
@felice5686 14 днів тому
Fr and china is developing more than US ever will
@tequilapopp9999
@tequilapopp9999 14 днів тому
America has been wishing for China's collapse since 2001, unfortunately that wish finally came true but instead of China its in America... out of control inflation, crime/looting, mass shooting, homelessness, druggies/zombie cities, border/illegal migrants, etc... I guess the old saying s true.. be careful what you wish for
@pefsgk5092
@pefsgk5092 14 днів тому
All these little gordon changs.....
@livefree1030
@livefree1030 14 днів тому
Been hearing this for decades. And Yet here we are struggling in the US, as we watch the US traveling to China asking them for help as China has an "Over Capacity" issue. AKA, "Hey China, your making us look bad over here".
@alphaomega1351
@alphaomega1351 14 днів тому
Having kids solely to support an economic system that has never been able to provide jobs for everyone is absurd. 😳
@KS0102
@KS0102 14 днів тому
Not to mention, NO ONE wants to live like a financial slave.
@GeorgeP-uj8xc
@GeorgeP-uj8xc 14 днів тому
Having your government set a limit to the amount of kids you can have is even worse 😮
@MrLazlness
@MrLazlness 14 днів тому
@@KS0102that’s why hobo ism and living in your car is so popular in the USA where people can’t even decide what gender they are
@MobiusCoin
@MobiusCoin 14 днів тому
​@MrLazlness lol this talking point is so 18 months ago
@testxxxx123
@testxxxx123 14 днів тому
Making u wonder what is that we are saving, this capitalism system they exploited us ???
@brian.z6592
@brian.z6592 12 днів тому
"China is going to collapse", I've keep hearing this from hundreds of US experts in the past 30yrs, but nothing Happened. But if China is this fragile, there's nothing for Western world to worry about China's competition.
@billhliu
@billhliu 12 днів тому
absolutely
@CaptRR
@CaptRR 12 днів тому
Is China going to collapse? No, they are a large industrialized country, and large industrialized countries tend to be more resilient than most people thing.. However, they won't be the economic driver everyone thought they were going to be in the future, and any dreams of overtaking the US as the worlds biggest Econ are pretty much dead at this point. What will happen, is that in about 6 years they will hit a point of stagnation, as their population and debt problems really start to bite, and the cost of labor, which has always been a driver for the CCP, begins to increase. In short they will look allot like Japan in the 90's and early 2000's. A major force, but not the force they had hoped to be. That means in the next half decade they are going to be as powerful as they are ever going to get for the next half century, so if they want to push their territorial ambitions, they will need to do it soon.
@Fishmans
@Fishmans 12 днів тому
@@CaptRRis it? China’s GDP growth beat all estimates this year, with the IMF raising forecasts based on improving empirical export data. A structural reform of the economy away from housing back to high end manufacturing also ensures a more sustainable economy.
@TheKayakAngle
@TheKayakAngle 12 днів тому
CNBC needs materials for content duh
@DarkRoomAmbience
@DarkRoomAmbience 12 днів тому
Nobody is worried about China's competition to the US, Brian. Who gave you that idea?
@richardmackenzie1878
@richardmackenzie1878 13 днів тому
CNBC 1995: "China's looming crisis" CNBC 2024: "China's looming crisis"
@Chelsea-xr2jv
@Chelsea-xr2jv 6 днів тому
30 years is pretty damn close bro
@Chelsea-xr2jv
@Chelsea-xr2jv 6 днів тому
"it's not real, it's not real, it's not real, it's not real, lalalalala!"
@ridgemondhigh4891
@ridgemondhigh4891 6 днів тому
US Southern Border 2022: "1,500 migrants from China." US Southern Border 2023: "33,000 migrants from China." US Southern Border 2024 . . .
@ridgemondhigh4891
@ridgemondhigh4891 6 днів тому
Sinophiles are extremely sensitive to what outsiders, especially USers think.
@richardmackenzie1878
@richardmackenzie1878 6 днів тому
@@ridgemondhigh4891 Funny. America spent decades bragging about how the Chinese were leaving commie China and coming to glorious America. Rhetoric sure changed fast.
@nqobilemalaza9838
@nqobilemalaza9838 14 днів тому
The world, not just China needs to rethink the notion of growth.
@ivanalcazar552
@ivanalcazar552 14 днів тому
So many of these issues stem from the capitalist mindset of infinite growth and the expectations that creates among investors
@tequilapopp9999
@tequilapopp9999 14 днів тому
America has been wishing for China's collapse since 2001, unfortunately that wish finally came true but instead of China its in America... out of control inflation, crime/looting, mass shooting, homelessness, druggies/zombie cities, border/illegal migrants, etc... I guess the old saying s true.. be careful what you wish for
@KNByam
@KNByam 14 днів тому
They measure growth by how many billions the riches people have.
@jtoddk98
@jtoddk98 14 днів тому
I agree
@naveenappala2527
@naveenappala2527 14 днів тому
@@KNByam spot on 👍
@IamJohnnyFan
@IamJohnnyFan 14 днів тому
watching this in Canada unemployed...
@wenkaizhai2443
@wenkaizhai2443 13 днів тому
Im fron china,to be honest,it goes same situation in china which unemployed rate has go so high right now
@kuanxu2627
@kuanxu2627 13 днів тому
@@wenkaizhai2443 你连工作都没有啊five
@oldbeergangster2381
@oldbeergangster2381 13 днів тому
Canada unemployment is very low. Get serious.
@michaelk2459
@michaelk2459 13 днів тому
​@oldbeergangster2381 our youth unemployment problem in Canada is 21% as well.
@lettucesalad3560
@lettucesalad3560 13 днів тому
@@michaelk2459 Really? where are you getting your numbers? Beijing dreams? "Unemployment in Canada has been inching up in recent months, hitting 6.1% in March and roughly twice that for young people, according to the federal government's statistical agency"
@iROChakri
@iROChakri 11 днів тому
If I got a dollar everytime the West says China is collapsing, I would be the next Elon lol
@JamesJorden-ox2vb
@JamesJorden-ox2vb 9 днів тому
Same In China. Chinese talks about collapsing of US for milliions times
@davidboi4025
@davidboi4025 9 днів тому
Its collapsing as a guy with degree in economic data review, the housing market already crasehd in china the population has staggnated and is a massive problem not forseen by china and climate change is the real modern prodlme many over look and is why china has bu8lt many dams to control the floods its in the process of collapsing because it pinned its economy on its people it needs to pin its economy elese where or make more babies
@ClydeD1337
@ClydeD1337 9 днів тому
Funny, because no one said it in this video.
@KOdi766
@KOdi766 8 днів тому
In billions of years...
@jrkr7357
@jrkr7357 День тому
I need 10 cents only....
@GangaGowri-mq9gc
@GangaGowri-mq9gc 10 днів тому
I've been making a lot of losses trying to make a profitable trade. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advice me on what to do?.
@Jennieereed
@Jennieereed 10 днів тому
I will advice you stop trading on your own if you keep losing, if you can, then get a professional to trade for you, I think that way your assets are more secured.
@Davidconnor-lk1km
@Davidconnor-lk1km 10 днів тому
Thank you Lord Jesus for the gift of life and blessings to me and my family $14, 120.47 weekly profit Our lord Jesus have lifted up my Life!!! A. V
@ChandrakantPawar-sq6lw
@ChandrakantPawar-sq6lw 10 днів тому
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
@eopodotolana
@eopodotolana 10 днів тому
Thanks to Mrs Deborah Davis.
@eopodotolana
@eopodotolana 10 днів тому
She's a licensed broker here in the states
@Liviticus
@Liviticus 13 днів тому
When times start getting hard in the USA, they start incessantly telling you how bad they have it elsewhere.
@muffinman4544
@muffinman4544 13 днів тому
Distract and redirect. Tale as old as time.
@mairhart
@mairhart 13 днів тому
You can't cite what's getting hard, or why. You just make sweeping statements with implied scapegoating, because you don't understand the economics in either nation.
@jjohnson649
@jjohnson649 13 днів тому
best comment
@dotdash8327
@dotdash8327 13 днів тому
US is the best performing large economy right now.
@sponkmcdonk3898
@sponkmcdonk3898 13 днів тому
This!
@Xcelcior6780
@Xcelcior6780 14 днів тому
This Is Not My Comment But It Fits Well With This Reporting😂 America: On Mondays, Wednesdays, and Fridays, it's the China-collapse theory; on Tuesdays, Thursdays, and Saturdays, it's the China-threat theory. Sundays are for rest and relaxation.
@TW0man4RMY
@TW0man4RMY 12 днів тому
A lot of the problems in the video reflect similar (or the same) problems in the U.S. You're guilty of what you're trying to make fun of tbh. It isnt about hating China, its about finding solutions to problems we share.
@MaltiAlex
@MaltiAlex 12 днів тому
I really like how naive you are.@@TW0man4RMY
@gliu1431
@gliu1431 12 днів тому
Very good one.
@naacrinternational6970
@naacrinternational6970 12 днів тому
All days, China is asshoe
@willv88
@willv88 11 днів тому
And it's also hilarious because China-collapse and China-threat are completely at odds with each other.
@soniajames-tn4mp
@soniajames-tn4mp 4 дні тому
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
@HenryKatty
@HenryKatty 4 дні тому
May I ask which investments are good? I've been looking at a few different ones but want others' opinions as well.
@soniajames-tn4mp
@soniajames-tn4mp 4 дні тому
What I think everyone need is a Financial Adviser, who can help you get in and out of any investment at any time and you'd sure be in Profit.
@HenryKatty
@HenryKatty 4 дні тому
Have been in need of an Adviser for long now..
@soniajames-tn4mp
@soniajames-tn4mp 4 дні тому
It alright Angela Lynn Schilling look up on that and thank me latter..
@HenryKatty
@HenryKatty 4 дні тому
Thanks... This Was Helpful!!... I found her page..
@igbatious
@igbatious 13 днів тому
how is it that no one notices the volume levels are all over the place and put corrections in place prior to publishing these videos? is there no editor for cnbc youtube?
@user-mj7tt1wj7r
@user-mj7tt1wj7r 14 днів тому
Then why the US has to complain about China of overcapacity
@junanwang
@junanwang 14 днів тому
Need an explanation for the result of tariffs. It’s easier to complain their overcapacity than to fix the problems of incapacity here.
@angelaweber5879
@angelaweber5879 14 днів тому
politics.
@HKim0072
@HKim0072 13 днів тому
Because the CCP will dump their overcapacity at below market prices. Man, people on the CNBC comment section never took a basic course in Econ.
@Goodfellow1234567
@Goodfellow1234567 13 днів тому
@@HKim0072, that's a wrong narrative. BYD for example is just too competitive, they produced better quality, and lower cost, and thus lower price cars, not overcapacity, just more competitive cars. The West come with the "overcapacity" narrative to block the competition from BYD cars, and used national s ecurity execuse to block Huawei's 5G and Phones, On the other hand, China welcomed Tesla and Apple. Not sure which country is more open, which one is more closed.
@angelaweber5879
@angelaweber5879 13 днів тому
@@HKim0072 Perhaps you should rethink your comment, or retake Econ 101. The CCP has to financially subsidize dumping, plus manufacturing facilities and worker wages. It is okay in the short term, but eventually, that business model is unsustainable.
@michellettm8872
@michellettm8872 14 днів тому
Is the USA in crisis? Shouldn’t this be our concern?
@HKim0072
@HKim0072 13 днів тому
lol, we are 70% a service economy. Do you know what that means?
@pinkyfinger9851
@pinkyfinger9851 13 днів тому
That means poverty and fake employment for everyone​@@HKim0072
@donnieboy123
@donnieboy123 13 днів тому
@@HKim0072 McDonald?
@TheWorld4all
@TheWorld4all 13 днів тому
nah... we are doing just fine. Thank you.
@HKim0072
@HKim0072 13 днів тому
@@donnieboy123 Naw dude. Any Econ / Bus 101 class will explain it.
@mentertainment5063
@mentertainment5063 13 днів тому
i feel like you released this video like year ago????? Anyone else noticed?
@z9944x
@z9944x 10 днів тому
Left over Pizza taste better the morning after . 28 sec in the microwave !🙃
@JackLe1127
@JackLe1127 2 дні тому
yeah these are compilation type videos. If you pay attention to the start of each section, they tells you when each video was published
@jrkr7357
@jrkr7357 День тому
I feel the same too and the same will be reported years and decades later
@brianlee6260
@brianlee6260 13 днів тому
Well, if they're in so much trouble, then why are you so worried. It seemed to me American senior officials would not have their day past without whining and screaming about China.
@manohman2711
@manohman2711 12 днів тому
They’re the second largest economy in the world lmao… doesn’t take much to realize if their economy crashes so does the worlds
@5anjuro
@5anjuro 12 днів тому
The US and the rest of the world are racing against time to build more reliable, near-shore, regional supply chains. Too much stuff, including some critical equipment, is assembled in China. A Chinese collapse could cause technological setbacks and even a global famine, among other things.
@kanding3369
@kanding3369 12 днів тому
@@5anjuro​​⁠You mean the US and the rest of G7😂 Wake up kid, you dont speak for the world, not any more
@mastpg
@mastpg 12 днів тому
"would not have their day past"...not English
@pwp8737
@pwp8737 12 днів тому
because their troubles can be exported to our shores. Chinese overcapacity and lack of local demand causes surges of highly subsidized industrial products onto our markets.
@kamwaichan8048
@kamwaichan8048 14 днів тому
If China economy is collapsing, then why is the US going to China to tell them that their EV and solar panels production are overcapacity 😂😂😂😂
@lepidoptera9337
@lepidoptera9337 14 днів тому
Because politicians have to cater to stupid voters, kid. China's EVs won't make it to the US any more than China's ICE cars did. It's simply much cheaper to produce a car to Chinese regulatory requirements than it is to US requirements. By the time a Chinese manufacturer adjusts designs for the US market the cost advantage is mostly gone and then they would have to build a sales network (the US dealership requirements are arcane, just ask Tesla) and a brand. There is hardly a business case to be made for either investment. OTOH building solar panels in the US is basically a no-no. The cheapest Chinese panels are the cost optimum.
@Rexvideowow
@Rexvideowow 14 днів тому
In a way, you've unknowingly answered your own question. Right now, even though EV and photovoltaic (PV) technologies are new, the demand has actually sputtered out a bit. If you're China, you rely on that market to grow, because you have lots of factories that need the demand to be strong for employees to continue working. Instead of China reacting to low demand and slowing production, they decided to keep going. Thus, it is shown that a collapsing economy and overcapacity with production are NOT diametrically opposing ideas. Their over-production resulted in them flooding the market with products. These are all sold at such a low price, that it's becoming anti-competitive for the companies in other nations. You might think this is just the natural competition of capitalism, but it's not - China has been constantly accused of state run businesses, which means they get all the money in the world from China, aren't subject to regulations, and do whatever China says. This is a big mistake in the world of global trade because for other countries to compete, they have to shovel money into businesses in their own nations. This is NOT capitalism. This is one of the biggest reasons countries are slowly moving away from China. China doesn't want to play by the rules. Xi doesn't seem to think anything of the consequences. He has disregarded them again and again, and now China is beginning to pay the price.
@WorldIsWierd
@WorldIsWierd 14 днів тому
Because them being overcapacity is a symptom of then failing. They want to squeeze US citizen for money to give to their worker but the US govt won’t let them because it would be stupid to let them😂
@XPRoller
@XPRoller 14 днів тому
@@Rexvideowowyou think the op can understand? No need to wake him up. Call cnbc a liar.
@jermainemyrn19
@jermainemyrn19 14 днів тому
China's economic growth is also faster than ours
@asoganmoodaly8743
@asoganmoodaly8743 9 днів тому
lol “61 percent of people ages 15 to 24 are unemployed, according to Statistics South Africa, a government agency.”. 21% unemployment from 16-24 in China? South Africa would LOVE to have that stat.
@lowfatlatte0
@lowfatlatte0 5 днів тому
ok so china wont collapse as hard as south africa, that isn't saying much my guy XD.
@unconventionalideas5683
@unconventionalideas5683 3 дні тому
Keep in mind that Chinese numbers are beautified. If you work one hour a week, you are not counted.
@BOT-ye6tj
@BOT-ye6tj День тому
@@unconventionalideas5683 Dude, Chinese people of this age are in school
@tristanlee6155
@tristanlee6155 10 днів тому
As a Chinese person, I love this channel so much. Not only can I practice English, but the comments and the content of the program itself are the funniest. -0-
@XxBloggs
@XxBloggs 10 днів тому
How's the freedom of speech going?
@Breavis
@Breavis 9 днів тому
tianemen square
@sergab
@sergab 9 днів тому
@@XxBloggs Columbia U.
@sergab
@sergab 9 днів тому
@@Breavis 30 years ago, is like speaking of Tulsa race massacre (1921) Rosewood massacre (1923) Harlem race riot (1935) Zoot suit riots (1943) Harlem race riot (1943) Harlem race riot (1964) Watts riots (1965) Detroit riot (1967) Los Angeles riots (1992)
@Breavis
@Breavis 9 днів тому
@@sergab that was because of unruly minorities. tianemen square was china's own people
@larrye.goinesjr.1535
@larrye.goinesjr.1535 14 днів тому
Have Another Kid And It Will Be Replaced By A Robot, Don't Forget I Told You So?!?
@bupehara64
@bupehara64 12 днів тому
i've been thinking the same thing as-well, from my perspective depopulation might be the best course to prevent large wide spread unemployement and poverty in the future. thanks to AI and Robotics the future can actually operate with a smaller population to also take care of the aging population in terms of labour and production. From my understanding increasing a countries population is going to have a negative effect later in the future when these technologies become the norm across industries
@YayaYoyo-py9gh
@YayaYoyo-py9gh 11 днів тому
Both of you are right
@felice5686
@felice5686 14 днів тому
That's funny considering America is already so far behind from China in infrastructure🤣
@livefree1030
@livefree1030 14 днів тому
I went to Shanghai in September of last year and it's by far the most Modernized city I have ever been to. I'm from Sacramento, have a place in San Diego, and my wife is from San Francisco. "I've been everywhere Man" as Johnny Cash once said, I China is making the world look dirty. China has 48k miles of High Speed Rail system. I'm From California, the US most Advanced state and yet we have ZERO!!! My main goal was I own a business in the Intermodal industry for the BSNF & Union Pacific Rail Roads, I wanted to see the "Tianjin Port" as it's an AI driven Port utilizing Huawei's 5G tech, and the Cranes, Container handling and the entire infrastructure is AI Automated. Unfortunately I couldn't get clearance.
@angelaweber5879
@angelaweber5879 13 днів тому
@@livefree1030 California has been totally reckless in breaking ground for a high speed rail like that may never be completed except for the stretch between Fresno and Merced??? The Legislature needed to cancel several layers of unnecessary regulation before they began their disastrous foray.
@Fire-tc9un
@Fire-tc9un 13 днів тому
Vast infrastructures of death camps concentrations camps are nothing to be proud of
@randomkyle3
@randomkyle3 12 днів тому
yeah with all that tofu dreg housing where buildings are literally made of styrofoam 😂😂🤡🤡🤡🤡
@randomkyle3
@randomkyle3 12 днів тому
@@livefree1030you’ve never lived in California, your google translate is bad
@MarvinChenFantasy
@MarvinChenFantasy 12 днів тому
As a Chinese, I start doubting that if my full bowl of noodles were real.
@tubester4567
@tubester4567 10 днів тому
They not real. They're made from styrofoam.
@PrayForMariMariEmmanuel
@PrayForMariMariEmmanuel 10 днів тому
In the United States, they have been putting sawdust in parmesan cheese. It started out as a way to prevent it from sticking together, but now they are using it as "filler" because sawdust is cheaper than cheese. They are feeding us wood. We feel you. We only have a problem with the Chinese government, as well as our own government, not the Chinese people. Love and prayers from the United States ❤
@Bolt6604
@Bolt6604 14 днів тому
Dude if America had a ghost city near me. I would Straight up move there to save money. 😅
@KBergs
@KBergs 14 днів тому
America is full of cheap properties, but it requires being retired or having remote work lined up. All the better paying careers are near cities.
@haihengh
@haihengh 14 днів тому
It right there, called Detroit. And there are plenty of abandoned properties in the rust belt.
@dentatusdentatus1592
@dentatusdentatus1592 14 днів тому
Naw bruh! I ain't living with no ghosts. 👻👻👻
@FakeReal007
@FakeReal007 14 днів тому
​@@haihenghlol Detroit has $1 houses that no one wants.
@kaushikvsmaniyan
@kaushikvsmaniyan 14 днів тому
🤣
@redmustangredmustang
@redmustangredmustang 14 днів тому
That one child policy really did come back to bite them in the ass. Hell most of the Asian countries are declining especially China, Japan, South Koreas, etc. The problem is why do you want to have a child when you are being worked into the ground. In China they call it 996. 9am to 9pm 6 days a week. They work you so hard you, but if you quit then someone else is going to do the job. Add on how much they under pay you, no wonder no one has time to start a family.
@tygressblade
@tygressblade 14 днів тому
If the US continues this anti-abortion line then we too will be in sh!t trouble worse than China. The PAC’s who are part of this nonsense want a serf class. They forget that a healthy and happy middle class helps the rich. Keep thinking short term to try and control women. This will happen and lead to our downfall.
@timloo6191
@timloo6191 14 днів тому
But then if they implement it, the humongous population will finally devour the whole world. In fact, China saves the world
@igorlacerda8763
@igorlacerda8763 14 днів тому
Also the world wide spread of people not really wanting to have kids anymore because they cost to much and lots of stress so in general every city, society and country in the world is having less kids than previous generations 🤫🤫🤫
@Dreadkid08
@Dreadkid08 14 днів тому
996
@michaelmonthey5974
@michaelmonthey5974 14 днів тому
I’m glad I don’t live in China. Working 12 hours a day 6 days a week, especially if wages or salaries are too low, is just unsustainable.
@aburetik4866
@aburetik4866 5 днів тому
China is doing far better than the USA, which is on the brink of national debt default, several bank collapses in a row, massive layoffs in tech industry, nation-wide worker strikes, global de-dollarizaton, skyrocketing inflation even after so many interest rate hikes like there's no tomorrow
@lisayip4305
@lisayip4305 12 днів тому
I remember a decade ago when China was said to be in trouble for having too many people. And now China still is in trouble for have declined population.
@kolviczd6885
@kolviczd6885 11 днів тому
The very existence of China is a problem for the west no matter what China does - good or bad, they will always badmouth China. 😆
@StArShIpEnTeRpRiSe
@StArShIpEnTeRpRiSe 10 днів тому
That wasn't a decade ago. That was 50 year ago. The one child policy were introduced in 1979 and they removed it in 2015 which shows their trouble for declined population. But you have right to be stupid.😅😅
10 днів тому
Lol china always in trouble never usa 😂😂😂
@danielgriffin8132
@danielgriffin8132 7 днів тому
When was China not in trouble their always crying and on the other hand bragging how good they are doing 😂
@Phunny
@Phunny 5 днів тому
@@danielgriffin8132 When was the last time you've heard about Chinese media talking about the United States? Now think about the last time you've heard American media outlets talk about China. Oh wait! Who's REALLY crying here, bud?
@weinowei143
@weinowei143 13 днів тому
16-24? ain't most of them in school? Chinese parents push hardcore schooling...
@leanlifer
@leanlifer 12 днів тому
about half of the teens go to college about 30% of them go to trade schools for 2-3 years after K-12 education and 20% of them go straight into work force 5/6/2024 edited: should be after K-9 education, not K-12. After middle school at age 15-16, there is a city-level high school entrance exam. If you have a high enough score and want to go to college, you go to high school. Otherwise you go do trade school(which could lead to college, but not usually) or go straight into workforce. Not all teens go to college.
@systemchris
@systemchris 12 днів тому
​@@leanliferand unless they meet grade requirements, high school isn't free so they need to leave school at 16
@goodsnacks3470
@goodsnacks3470 12 днів тому
I had the same thought, but unemployment rates tend to exclude full time students. I am not 100% if this one does but they usually do. So its a 20% unemployment for those *looking for jobs*
@johnmarston6246
@johnmarston6246 12 днів тому
This is a really funny figure… I think most likely the figure should be above 30% …. Funny CNBC….
@iceman850none5
@iceman850none5 12 днів тому
There’s a reason why Chinese make a significant percentage of the people crossing in Mexico
@paranoidhumanoid
@paranoidhumanoid 12 днів тому
Why does the media keep reporting on the impending and imminent "doom" and "gloom" of China, but we still have LA's Skid Row, Philly's Kensington, and Portland's homeless encampment cities... CITIES of homeless people and veterans, unsustainable and overpriced housing, and aging workforce here on our shores? It's so weird.
@DarkRoomAmbience
@DarkRoomAmbience 12 днів тому
Its true and as a socialist, I wholeheartedly agree with you. We need the government to build housing and increase welfare for the underprivileged. Including free, universal healthcare. As im sure you will agree, we let capitalism do its magic and the free market hasn't solved housing affordability, or economic equality. Its time for us socialists to keep shouting ✊
@Diabbie
@Diabbie 11 днів тому
Do you see any other countries' media covering their government's own downfalls more than other countries? Probably most likely not. Unfortunately the coverage you mention is usually only available regularly through smaller independent creators. Not the big media. Why do governments give financial & humanitarian aid to wars across the world, instead of "curing" their country's issues at home? Because politics! Gotta look big and powerful as an international player. There is ALWAYS an interest in how much power they will gain from that. Government as an institution is not a care bear. Regardless of what type of government it is.
@Rory-bn8yn
@Rory-bn8yn 11 днів тому
Because two things can be true at the same time
@kimle2796
@kimle2796 11 днів тому
because Amerika is #1.
@nonesocruel
@nonesocruel 11 днів тому
Probably because China's a third world country and they need help lol . Nice red herring
@lawlaw585
@lawlaw585 12 днів тому
I live in China lying on my bed .CNBC report the sky in China has been collapsing 300 times . Does anyone know WTF they are saying??😂😂
@tubester4567
@tubester4567 10 днів тому
So you laying flat?
@shadowdragon349
@shadowdragon349 10 днів тому
So how are you able to comment here? It’s been known China blocked a lot of media sites including UKposts
@JamesJorden-ox2vb
@JamesJorden-ox2vb 9 днів тому
Same In China. Chinese talks about collapsing of US for milliions times
@alexzhang1897
@alexzhang1897 12 днів тому
Western media began to report that China was about to collapse 20 years ago (maybe 25 years ago)🤣
@tonyd822
@tonyd822 14 днів тому
China will be fine…if we focus 1% of energy on ourselves, we may be able to accomplish much more uplifting our own citizens and improve our social fabric that’s getting worse YoY.
@user-em5wy8zx7o
@user-em5wy8zx7o 14 днів тому
France, the UK, Germany, Japan, Korea, and the USA are also experiencing population decline, but their economies are doing so well that they remain part of the world's strongest economies. The main part is because they are supported by products that produce high added value. I believe that China's economy will also be helped by various products that have high added value. This includes airplanes, semiconductors, robotics, electric cars, superfast trains, medicines, etc. Furthermore, even though China's population is declining, it does not mean that the total number of young people in China for the next 20 years will not be able to provide sufficient workers needed by various industries there. And also, they will keep spending/consuming. In any country, around 50% of GDP comes from consumption.
@pbworld7858
@pbworld7858 10 днів тому
Germany doing well? What panet are you living on? Don't get me started on the UK
@user-em5wy8zx7o
@user-em5wy8zx7o 10 днів тому
@@pbworld7858These Are the Largest Economies in the World by GDP 1. United States $26.9 trillion 2. China $17.7 trillion 3. Japan $4.2 trillion 4. Germany $4.1 trillion 5. India $3.7 trillion 6. United Kingdom $3.3 trillion 7. France $3 trillion 8. Italy $2.2 trillion
@pbworld7858
@pbworld7858 10 днів тому
@@user-em5wy8zx7o The important thing is the direction these countries are going. Germany's economy may still be one of the top ones in the world, but it has suffered a lot since it left USA bomb the Nordstream gas pipeline. And the UK has a lot of social and poverty problems despite the elite being rich.
@user-em5wy8zx7o
@user-em5wy8zx7o 10 днів тому
@@pbworld7858 You are right. We should wait for longer-term data to come to a firm conclusion. For now, those countries are the biggest economic powers in the world. Moreover, since in the near future they will continue to produce higher value-added products than the average manufacturing industry, it will guarantee their place in the elite of the GDP rankings for the next 2-3 decades. After all, no country/civilization is bankrupt/ collapse/ disappear except due to climate change and losing wars. At this point, it is very natural for Russia's GDP to fall quite deeply, and the condition could be very dangerous for the economy if Russia loses the war against Ukraine and its proxy war supporters.
@davidsasley5344
@davidsasley5344 6 днів тому
😅​@@user-em5wy8zx7o
@tle7427
@tle7427 11 днів тому
Chinese looming crisis vs Americas actual crisis.
@monacolita9999
@monacolita9999 6 днів тому
Mind your own business, okay? Don't worry about China all day long and ignore the mess in your own country.
@eliasmarquez6347
@eliasmarquez6347 14 днів тому
Why is population growth or decline always reported as a catastrophe, honestly I’m for decline or neutral. Less resources required for sustainability and overall people should have more individually.
@TheBooban
@TheBooban 14 днів тому
Thanks. Im usually the only one cheering on decline. And then my posts get deleted by youtube.
@sogggy
@sogggy 14 днів тому
Thanos? Is this your alt account?
@daymajor4690
@daymajor4690 14 днів тому
-We’re living longer; we need more young people to work and fund services for seniors, pay taxes, boost consumer spending and create new market for goods. Aging population is expensive. -Population decline has not led to “more for everybody” bcos gains often go to the top execs and not the workers.
@TheBooban
@TheBooban 14 днів тому
@@daymajor4690 how does the gains of population decline go to the top execs? Someone missing, *poof* money in their pocket? This doesn’t make sense.
@bernardlouis4629
@bernardlouis4629 14 днів тому
Because our economic model is basically an elaborate pyramid scheme. The world doesn't need more people.What we need is a a new way of thinking and economic theory.
@savannah226_kane
@savannah226_kane 14 днів тому
I’m so sick of this kind of videos rn, every single month I just see medias saying China is gonna collapse, okay then what abt our own country
@lingdavid7949
@lingdavid7949 13 днів тому
They won’t report that China’s economy grew by 5.2% in the first quarter, let alone that Shanghai’s per capita disposable income has surpassed Tokyo’s this year.
@paulmitchell2468
@paulmitchell2468 12 днів тому
​@@lingdavid7949so they say, but one has to question this when they are experiencing salary reductions and price deflation at the factory gate.
@dwchen1
@dwchen1 11 днів тому
Because it brings more viewers and making more money. Factual real data...? What data...?
@andrewlim7751
@andrewlim7751 11 днів тому
They're not supposed to report something real.
@palmpalm5131
@palmpalm5131 5 днів тому
It’s distraction from real problems at home in the US. And it’s also factually incorrect. Because China’s GDP is still higher than the US. If China is collapsing then what does it mean for the US if US’s GDP is even lower? Because if China’s economy was collapsing like they’ve been reporting for years now then how come last November when Xi Jinping visited the US, all the US big CEOs scrambled to buy a ticket to the event just be able to be in his presence and to curry favour. A ticket at his table was something like 40k and Elon Musk tried but couldn’t get a seat at his table because it was all sold out. But Tim Cook was there, along with many many others.
@xuchen4012
@xuchen4012 10 днів тому
I leave two numbers here. Then you know how comes the high youth umployment. In 2017, the number of college graduate is 7.35 million. In 2023, the number is 11.58 million. 60% more in just 6 years. Now you understand?
@timmaytwister
@timmaytwister 9 днів тому
Yeah but gdp increase from 2017 to 2023 is close to 60 percent as well. You would think the businesses should be able to take in the educated youth
@levelazn
@levelazn 3 дні тому
​@@timmaytwister thats why chinese GDP is growing at 5.2 percent instead of 2.5 percent liket the u.s
@dleelimbu
@dleelimbu 4 дні тому
America concerning about China's people, health and economy is so heart touching 😂
@ericmasalu688
@ericmasalu688 14 днів тому
China always produce lyrics for Western mainstream media and politicians, keep singing!!!😂😂
@yuxiangluo8614
@yuxiangluo8614 13 днів тому
1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hardlanding risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landing in China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. KWR International: How to find a soft landing if China. 2004. The Economist: The Great Fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landing in China 2006. International Economy: Can China Achieve a SoftLanding? 2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing? 2008. Forbes: Hard Landing In China? 2009. Fortune: China's hard landing. China must find a way to recover. 2010. Nouriel Roubini: Hard landing coming in China. 2011. Business Insider: A Chinese Hard Landing May Be Closer Than You Think 2012. American Interest:2008. Forbes: Hard Landing In China? 2012. American Interest: Dismal Economic News from China: A Hard Landing 2013. Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China. 2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing. 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going ToCrash? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than You Think 2022. Business Basics: China's Economic Crisis, GDP is Crashing, Protests Everywhere
@HermanWillems
@HermanWillems 13 днів тому
@@yuxiangluo8614 First decline in 60 years. That's huge ok.
@dennisestradda9746
@dennisestradda9746 13 днів тому
Chyna bot to Xitler rescue
@hejohn9227
@hejohn9227 13 днів тому
@@HermanWillemsmy decline is still better than your incline, keep coping
@HermanWillems
@HermanWillems 12 днів тому
@@hejohn9227 why u so salty. Ur hurt? Im doing great ok. No need to attack me. Personal attack = weakness. Ur weak dude
@ragnarokws2670
@ragnarokws2670 14 днів тому
India's youth unemployment is much much worse, but no ppl pay attention to them but instead keep focus on China. China is world favourited country i guess.. POOR INDIA YOUTHS
@mintheman7
@mintheman7 14 днів тому
The western media won’t dare to attack world largest democracy. They need to focus on China to distract problems in their on country
@soragaming3653
@soragaming3653 14 днів тому
This is about China not India Mr brown head 😏🦴
@ChandranPrema123
@ChandranPrema123 14 днів тому
That's because States like Kerala and Bihar are the main culprits
@s9ka972
@s9ka972 14 днів тому
Indian educated youth know English and can migrate unlike Chinese
@AP-do6sv
@AP-do6sv 14 днів тому
India is not that important to the global economy, china is, and hence ppl will talk about china more
@xstushekx
@xstushekx 8 днів тому
*People don't understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments don't match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that*
@RafaelAmado-rl1fx
@RafaelAmado-rl1fx 8 днів тому
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
@EmreKarakaya-ho9us
@EmreKarakaya-ho9us 8 днів тому
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
@kfunches13
@kfunches13 8 днів тому
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@kimshore86
@kimshore86 8 днів тому
David's demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
@NintoNadi
@NintoNadi 8 днів тому
I'm surprised that you just mentioned and recommend Mr David Mark. I met him at a conference in 2018 and we have been working together ever since.
@Lisaruthdecker.
@Lisaruthdecker. 5 днів тому
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
@ohioveteran
@ohioveteran 5 днів тому
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
@emmaarmando
@emmaarmando 5 днів тому
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@noah-greene
@noah-greene 5 днів тому
@@emmaarmandoI've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
@emmaarmando
@emmaarmando 5 днів тому
"Gertrude Margaret Quinto" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
@spacecadet6
@spacecadet6 5 днів тому
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
@deepakbhana8937
@deepakbhana8937 14 днів тому
I marvel at China's growth during the last 30-40 years. Surprisingly India & China shared equal gdp growth at one time. Due to Chinese diligence they changed the course of history & today are the worlds 2nd biggest economy.
@zhuangbamboo-hu1mm
@zhuangbamboo-hu1mm 10 днів тому
不完全是勤奋,勤奋只是一个基本要求。是政策,政府的行为。问你,全球有那个村庄在40年里变成一个巨大的城市?成为一线城市?深圳
@young-fg3lf
@young-fg3lf 8 днів тому
google voice sell,,,very high quality and strongs google voice
@rorytribbet6424
@rorytribbet6424 14 днів тому
Youth unemployment is likely far higher than 21%… it hit 25% and then they decided to stop publishing data all together which suggests it at the least isn’t getting better, but likely is getting worse
@johnc1873
@johnc1873 14 днів тому
no , that number includes students,.. of course students aren't working. Also chinese kids can afford to be unemployed due to parents large cash reserves. unlike where youre from.
@ivanalcazar552
@ivanalcazar552 14 днів тому
⁠@@johnc1873you have no idea where OP is from. Calm down. Youth unemployment is an issue for economic productivity and other measures. Don’t speak about things which you know nothing about. Just some advice for you.
@johnc1873
@johnc1873 14 днів тому
@@ivanalcazar552 no you don’t speak of what you know nothing about. China has a skill - labor shortage mismatch. Chinese students are well educated and don’t want to work manufacturing jobs. There are 25 million open manufacturing jobs. It’s not that Chinese kids can’t work, it’s just that they are waiting and being more picky. They can afford to not work and be picky. Unlike y’all
@rickace132
@rickace132 14 днів тому
You guys are stupid and live in your own little fantasy world you've built for yourself to make yourself feel better. China is doing fine.
@NeidlichesSchwert
@NeidlichesSchwert 14 днів тому
And the population is likely far lower than what the government reports, as well.
@VL-inquisitor
@VL-inquisitor 10 днів тому
The more you hear about the China Collapse conspiracy, the more you should worry about the economies of the West.
@user-xf6nq7xk9m
@user-xf6nq7xk9m 13 днів тому
In my opinion, cheap industrial products can make them available to more people who couldn't afford them before. For example, in the Gaza Strip, it is impossible to obtain energy through the Israeli blockade, but by importing Chinese-made solar panels, the city can develop.
@ethanwang3507
@ethanwang3507 9 днів тому
that's why main stream media all shout China bad!
@rudyalfonsus686
@rudyalfonsus686 14 днів тому
if china is really looming, US doesn't need to send its high officers to china every two months. Yellen, raymundo, Blinken, all twice in less than one year. don't you guys have another place to go to?
@thomaspepper2201
@thomaspepper2201 14 днів тому
The high officers are picking up China Joe's checks, what else.
@Misaka-gt5yj
@Misaka-gt5yj 14 днів тому
Can't really focus on family with 996 work schedules you know? Really giving the smart citizens a reason to move out of the country for better opportunities.
@datownkidd
@datownkidd 14 днів тому
The government has pushed to stop companies from pushing that.
@MagnumCarta
@MagnumCarta 14 днів тому
996 has been made illegal and it mostly existed in tech sector jobs. It is the disgusting birth of Jack Ma (the CEO of Alibaba). The maximum work hours legally allowed in China is 44 hours per work week.
@OREOKISS14
@OREOKISS14 14 днів тому
@@datownkidd, But it still finds a way to happen. Maybe in a few years, things will be better, but that doesn't solve any of today's problems.
@Drownedinblood
@Drownedinblood 14 днів тому
Don't pretend like Americans are living balanced lives either.
@lppoqql
@lppoqql 14 днів тому
The dumbest idea the Chinese government had was to prop up real estate prices to the point where young people cant afford a home. Those who prop up real estate are criminals.
@nizamzakaria
@nizamzakaria 11 днів тому
I remembered 10 years ago there were videos talking about China's looming economic downfall and here we are still talking about it.
@mygillian
@mygillian 11 днів тому
high unemployment rate in China is probably the reason why there are so many Chinese workers now in the Philippines, especially in online gaming sector.
@robmyers8948
@robmyers8948 13 днів тому
It’s a bit confusing, first part says there’s 20% unemployment for new grads, the second part says there’s not enough young workers? Or are they just over qualified?
@scarletmoon777
@scarletmoon777 12 днів тому
Basically there is a mismatch in the jobs market, there is record demand for young physically able workers who can keep up with the factory jobs but a much bigger percentage of young people are now collage grads who don't want to work those jobs.
@nomobobby
@nomobobby 12 днів тому
Much like there are a million jobs open in the US right now, but they're all low pay teaching and trucking jobs nobody freaking wants. Because hours are long, work is hard and people want better for themselves if they can afford to hold out, they will.
@robmyers8948
@robmyers8948 12 днів тому
@@nomobobby yes, and it’s a big mistake to take up a lower job, it’s likely you will not get out of that to something much better
@kq_10
@kq_10 14 днів тому
Xi: "Eat bitterness" translation: "STFU"
@blackaugust2035
@blackaugust2035 14 днів тому
modern slavery indeed
@yuxiangluo8614
@yuxiangluo8614 13 днів тому
1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hardlanding risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landing in China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. KWR International: How to find a soft landing if China. 2004. The Economist: The Great Fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landing in China 2006. International Economy: Can China Achieve a SoftLanding? 2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing? 2008. Forbes: Hard Landing In China? 2009. Fortune: China's hard landing. China must find a way to recover. 2010. Nouriel Roubini: Hard landing coming in China. 2011. Business Insider: A Chinese Hard Landing May Be Closer Than You Think 2012. American Interest:2008. Forbes: Hard Landing In China? 2012. American Interest: Dismal Economic News from China: A Hard Landing 2013. Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China. 2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing. 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going ToCrash? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than You Think 2022. Business Basics: China's Economic Crisis, GDP is Crashing, Protests Everywhere
@teosandev6116
@teosandev6116 13 днів тому
@@yuxiangluo8614 ^^
@jogo798
@jogo798 13 днів тому
​@@yuxiangluo8614 wishful thinking, I guess 😅
@kq_10
@kq_10 13 днів тому
@@yuxiangluo8614 Opinion articles from economists and hedge fund managers who want to sell papers or steer sentiment in their favor. What's your point? And don't mistake a sensationalist headline for fake information on China. Most of the time you see a headlines like this about China and it scares you, then you read the article and realize its either a seasonal problem or something that is happening on a global scale. Ocassionally the problems are serious like the Evergrande default and bankruptcy, but its better than the "always sunny" nonesense published by the CCP.
@ChloeCarter-kd7gz
@ChloeCarter-kd7gz 10 днів тому
The cost of living seems to be increasing every year, making it harder to keep up.
@MelissaHobbs-qm8wi
@MelissaHobbs-qm8wi 10 днів тому
Indeed, it's becoming quite challenging to manage expenses.
@HRMColoniallifeinsurance
@HRMColoniallifeinsurance 10 днів тому
@@MelissaHobbs-qm8wi I've actually managed to stay ahead of the curve. I'm even contemplating early retirement.
@OliverLiam-px3vx
@OliverLiam-px3vx 10 днів тому
@@HRMColoniallifeinsurance Impressive! How did you achieve that?
@HRMColoniallifeinsurance
@HRMColoniallifeinsurance 10 днів тому
@@OliverLiam-px3vx Our family got introduced to a financial consultant”RPC WEALTH. LLC” about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips
@AshleyKeith-vw7ws
@AshleyKeith-vw7ws 10 днів тому
@@HRMColoniallifeinsurance Wow, that's impressive! I've heard of them I'm excited to hear about their success stories. I've actually had my mortgage paid off by following their guidelines calls.
@dehaodeng1755
@dehaodeng1755 13 днів тому
Anyone amazed at how the old man was doing gymastic at the public park? he must have been in his 70s.
@LilNoodles
@LilNoodles День тому
it's normal
@MichaelYoung-gl8ou
@MichaelYoung-gl8ou 14 днів тому
Yes. Thats why Scholz, Yellen and Blinkin went to Beijing to ask China recently to ask what up. 😂
@Bryponce23
@Bryponce23 13 днів тому
They were invited.
@jacksmith-mu3ee
@jacksmith-mu3ee 7 днів тому
​@@Bryponce23no they weren't
@fastfiddler1625
@fastfiddler1625 13 днів тому
In the city builder genre of video games, this is called a death spiral.
@xellos5110
@xellos5110 13 днів тому
America is in trouble Let's talk about China
@freeman10000
@freeman10000 11 днів тому
As an Aussie I am interested about what is happening in China because it affects me. It affects you too.
@j.d.4697
@j.d.4697 11 днів тому
Stop whining.
@j.d.4697
@j.d.4697 11 днів тому
@@freeman10000 Nothing affects 'Muricans, they live in an imaginary bubble, eternally ignorant.
@simonshen8478
@simonshen8478 10 днів тому
@@freeman10000 Just search videos of the crowds of Chinese people in transit and visiting tourist attractions during this May Day holidy. I mean, does that really look like an economy in trouble to you? If unemployment rate was so high, then people should be worried about where their next meal is coming from rather than take vacasions. The youth unemployment rate was low last year and the economy did experience some problems, but the Chinese government took swift actions, and things have turned much better. That's the difference between the Chinese government and the Western so-called "democratically elected" governments --- the Chinese leadership is not elected, so all their legitimacy comes from actually improving people's livelihood, and they do work hard to achieve that. Western governments are "elected", so they won't be overthrown even if they send billions of dollars to fund wars, while their domestic economy is in shambles. FYI, China's economy grew by 5.3% in the 1st quarter of 2024, and Western media keep tell you China is in trouble. Frankly at this point, Western MSM are all but a joke.
@user-gq6sf4si6j
@user-gq6sf4si6j 10 днів тому
Chinese bot alert
@qianer6707
@qianer6707 12 днів тому
Monday Wednesday Friday: China threats the World Tuesday Thursday and Saturday: China is looming crisis Sunday: have a rest
@ronniebouchar9484
@ronniebouchar9484 8 днів тому
Sunday: pray hard.
@teatree6228
@teatree6228 5 днів тому
If China is crashing, how can China be a threat? If China is a threat then china must be booming
@dominicdmello7531
@dominicdmello7531 14 днів тому
Seems like India's youth unemployment is worse.
@kaushikvsmaniyan
@kaushikvsmaniyan 14 днів тому
Do you have evidence?
@jliang70
@jliang70 14 днів тому
@@kaushikvsmaniyan Yes, India has a skill shortage around 150 million and that was a number increased from the previous year, It was on Palki Sharma's youtube channel a few weeks ago. It was pretty clear across a number of channel that 2 out 3 Indian youth can't find a job in the city and they make up 83% of the unemployed.
@ambition4195
@ambition4195 14 днів тому
Chinese propoganda comment in a American propoganda Video. 😂😂😂
@polypOFjejunum
@polypOFjejunum 14 днів тому
​@@ambition4195 our youth unemployment issue is big thing uncle. Stop being delusional in this regard.
@kaushikvsmaniyan
@kaushikvsmaniyan 13 днів тому
@@jliang70 That doesn't sound like evidence, more like opinion. It may be partly or wholly true, or not. There's evidence to suggest a skills shortage and some unemployable graduates but I haven't seen evidence to indicate that to the extent you're suggesting.
@jasonluojason2131
@jasonluojason2131 13 днів тому
This year, China's economy is expanding by 5 percent, solidifying its position as the world's second-largest economy. Notably, it's undergoing a significant transition from traditional manufacturing to a focus on high-quality growth. Moreover, factories are increasingly adopting automation technologies, marking a pivotal shift in production methods.
@kennethvenezia4400
@kennethvenezia4400 13 днів тому
Yes, that's happening in a parallel universe as we speak
@solideights
@solideights 11 днів тому
Great episode
@theamazingmarlbito6293
@theamazingmarlbito6293 14 днів тому
"Labor market gyrations" Did you have an ai write this?
@AlanYOUTUBECHANNEL
@AlanYOUTUBECHANNEL 13 днів тому
Well, they did just have a few massive layoffs. What do you expect from the world's strongest economy?
@AishawithanEye
@AishawithanEye 13 днів тому
HAHAHAHA That’s a great dig on anyone who uses such a dumb analogy
@JeffSmith-yk1xb
@JeffSmith-yk1xb 14 днів тому
Fellow Americans, if you afford to buy tickets to china, you can see the crisis in live. hehe😂
@kwamebushman606
@kwamebushman606 14 днів тому
Don’t get surprised when you arrive to a THRIVING Chinese country.
@ViburaBlanca
@ViburaBlanca 13 днів тому
No thanks.
@brotherbig4651
@brotherbig4651 12 днів тому
Tell the Chinese crossing the US Mexico border how great China is.😂
@user-hu3vh9fb4j
@user-hu3vh9fb4j 11 днів тому
@@brotherbig4651 Tell America's homeless that America is great
@brotherbig4651
@brotherbig4651 11 днів тому
@@user-hu3vh9fb4j The spoiled American homeless would have been jailed if they did the same thing China. They should be grateful they still had their freedom. I really hope the US has the bone like the CCP to deal with these homeless.
@badrinath110
@badrinath110 14 днів тому
Any similar analysis on India ?
@joeblack888
@joeblack888 12 днів тому
No need because India is ally of the US.
@hello855
@hello855 11 годин тому
A growing economy with a large young workforce. It will be able to better retain its talents if it supports innovation and high-paying job creations.
@wiseserpent9
@wiseserpent9 11 днів тому
CNBC, why not focus on what's taking place in the United States?
@dfdf-rj8jr
@dfdf-rj8jr 8 днів тому
they make 10 videos a week about "whats taking place in the United States." Why are Chinese so sensitive to Western criticism?
@nightlightabcd
@nightlightabcd 5 днів тому
China may or may not be in crises, but the US certainly is, like never before!
@Neruomir
@Neruomir 13 днів тому
Another problem is the rampant corruption among both contractors and local government officials. There are massive shortcuts being taken during construction to enable funds to be skimmed off the top resulting in what is called tofu dreg construction where buildings collapse under their own weight or are rendered unlivable due to cheap inferior materials being used. So even if you do receive the apartment you paid for odds are its substandard and potentially a deadly debt trap.
@dailyrant4068
@dailyrant4068 12 днів тому
Keep spreading misinformation? If your claim is remotely true, we should be seeing entire cities collapsing since they have been over-building for over a decade now. I mean a lot of this crap you really have to pull out of your rear end to make sense of it. It's like racist always saying black people are lazy by nature. No they're not, their DNA is the same as ours.
@mariowaring6510
@mariowaring6510 13 днів тому
Doubt its just China, almost everyone is struggling
@cathyliu5006
@cathyliu5006 12 днів тому
Sounds like the number 1 economy is not in trouble! Lol
@r4ultra
@r4ultra 12 днів тому
Ah yes, the ad I got going into this video is sponsored by AIPAC.
@IlhamAmanahRangga
@IlhamAmanahRangga 13 днів тому
when will the government realize it's not that young people don't want to buy house, they simply don't have the money. housing bubble need to end
@brunoheggli2888
@brunoheggli2888 12 днів тому
The crazy obsession with houses has to stop!
@ForTheFLOL
@ForTheFLOL 14 днів тому
To keep the unemployment rate low, graduating students are told to show proof of a job offer or they will not get their graduate certificate. In many cases, the school even suggested to their students to start a live streaming and sell anything. Many ended up doing to just that, and in china, if you work just one hour a week, you are considered full time employed.
@janviergalle
@janviergalle 13 днів тому
"and in china, if you work just one hour a week, you are considered full time employed." Sounds very funny!
@user-rw1kv8mj7i
@user-rw1kv8mj7i 13 днів тому
I don't know where you got the information from, what you said is wrong and completely unrealistic.😅
@DieterDuplak314
@DieterDuplak314 13 днів тому
@@janviergalle thats what i call work life balance
@AlanYOUTUBECHANNEL
@AlanYOUTUBECHANNEL 13 днів тому
Source is: "Trust me bro"
@ForTheFLOL
@ForTheFLOL 13 днів тому
@@AlanUKpostsCHANNEL Currently living and working in Hong Kong and Shenzhen. Trust me bro.
@andrekua2596
@andrekua2596 11 днів тому
Meanwhile money printers in euro and us go brrrrrrrrrrrr...
@azminivanracer
@azminivanracer 10 днів тому
Around 10:02…what was that flashing into the video? Subliminal messaging?
@godzillamothra5983
@godzillamothra5983 13 днів тому
So China has demographic decline problem AND youth unemployment problem, sound like these two problems will cancel each other out in the future. As for property problem, unless people don't need home anymore, it will come back, and it will come back healthier without property speculation/gambling problem. As for developers who can't pay their offshore debts, so sad.
@erch4882
@erch4882 14 днів тому
I’m stressed watching this
@FakeReal007
@FakeReal007 14 днів тому
There is a video/article like this every year from the US. Google, "end/collapse of China" articles dates 2023 2022 2021 2020 2019 2018... Lol 😂
@nokotshehla2616
@nokotshehla2616 12 днів тому
Take a break from the news
@YayaYoyo-py9gh
@YayaYoyo-py9gh 11 днів тому
Wtf why?
@johnnyq4260
@johnnyq4260 6 днів тому
Crisis! Collapse! Lmao some people never learn.
@mikely7354
@mikely7354 7 днів тому
If any government capable of solving any problem it will be the Chinese government, not politicians from the West who sit comfortably in the pockets of the corporations.
@yopyop3241
@yopyop3241 7 днів тому
Innovative solutions will come from the efforts of the non-corrupt private sector. Unfortunately for the Chinese, there is very little non-corrupt private sector under Xi Jinping’s rule.
@MH-hl4ug
@MH-hl4ug 14 днів тому
We’ve been hearing china is done for 15 years now
@jt-xk4vj
@jt-xk4vj 14 днів тому
thats true. if china was a free country, they would admit. but china is a closed system and they never admits any mistake or any negative results. this will give people false impression thath china is thrivijng. but actually chian really in great trouble. its so bovious. but people can not see real china. they only believe what they saw online and china flooded the free world internet with false propaganda. the actual reality in china is totally different from what you usually see . living in china reallly sucks.
@leehyunsong7001
@leehyunsong7001 14 днів тому
Second largest economic but the household income is still so low mean something, do you think so?
@FakeReal007
@FakeReal007 14 днів тому
​@@leehyunsong7001the wealth has to be spread out among a billion people.
@FakeReal007
@FakeReal007 14 днів тому
We've been hearing that every year since the founding of China lol. Not just 15 years.
@ponuni
@ponuni 14 днів тому
@@leehyunsong7001 you think this is korea with 51million people? The wealth is shared amongst 1.5 billion people of course it's gonna be low.
@jonesfrederick1228
@jonesfrederick1228 13 днів тому
The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Sarah Jennie Davis, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
@anthonymorrison6557
@anthonymorrison6557 13 днів тому
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH... Stock)
@KevinBrian-py5mn
@KevinBrian-py5mn 13 днів тому
How please I'm pretty new and feel I have much to learn, I would appreciate if you show me how to go about it?
@jonesfrederick1228
@jonesfrederick1228 13 днів тому
She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment
@EricVincent-xj4vo
@EricVincent-xj4vo 13 днів тому
YES!!! That's exactly her name (Sarah Jennie Davis) so many people have recommended highly about her and am just starting with her from Brisbane Australia
@amaeryamidus
@amaeryamidus 13 днів тому
YES!!! That's exactly her name (Sarah Jennie Davis) so many people have recommended highly about her and am just starting with her from Brisbane Australia
@talarcon99
@talarcon99 11 днів тому
It's interesting news, but the video seems to be long because it repeats segments.
@brooklynka
@brooklynka 4 дні тому
Do Ppl know that they count trainschool/college fulltime students without work as unemployed, which does not happen to many countries....
@chanoliverkumyun9123
@chanoliverkumyun9123 12 днів тому
Both the US and China have their internal crisis but one is blaming others for their problems and the other is trying to solve their own problems...
@jiangsteven5652
@jiangsteven5652 14 днів тому
when I am not happy, I enjoy this kind of video
@odyssey327
@odyssey327 12 днів тому
The more you say about China collapsing, the stronger the economy will become. Don't waste your time telling these baseless claims (existed since when?). Many visitors are going to visit China, including my family and friends. While we are there, we spend money.
@JKS323
@JKS323 11 днів тому
This is a global problem. It’s crazy how every single country is severely impacted after COVID
@JBear-in1ql
@JBear-in1ql 14 днів тому
Does CNBC do a careful analysis on the data before it cite a crisis in China? Youth, unemployment: 6 million unemployed youth only represents .004%of its population. Also once their higher technology goods and services gain traction, they actually may find themselves with a labour shortage of educated youths. Slowing economy: A GDP growth of 5.3% in 2024 first quarter is quite good for an annual GDP of $18 trillion. They are increasingly successful in expanding their export markets to new western countries, as well as the global south. Also, they have enormous room to grow their service sector, now 53% versus US 78%. Ageing demographics: China has a long history of a culture where the old retires relatively early, then often helps take care of the children, and the youth will take care of the old eventually and has less reliance on the state and institutions. Also with China’s transition to a higher value-add industries and with automation, there will be less reliance on a large young workforce to grow its GDP as in the past. Slumping real estate sector: Reuter estimates there are as many as 7.2 million empty homes in China. However, there are still 480 million people living in poor rural conditions, so these empty homes will be filled in a relatively short time. These are just a few examples of how western media cherry-pick data to draw bias conclusions based on western criteria.
@CattleFarmer667
@CattleFarmer667 13 днів тому
Sir you make a good point but CNBC job is not about making objective and factual news. It is about smearing China and Russia all day long.
@BeijingBuzzz-China-Travel
@BeijingBuzzz-China-Travel 10 днів тому
Good points.
@folag
@folag 14 днів тому
The US seems to believe that they can talk China into a crisis, even as they foolishly spend themselves into one.
@BeijingBuzzz-China-Travel
@BeijingBuzzz-China-Travel 10 днів тому
Exactly !
@shadowdragon349
@shadowdragon349 10 днів тому
They are though, with how strict their government and how much propaganda is pumped out to say otherwise.
@Astrowheat
@Astrowheat 5 днів тому
If China's in a dangerous position, what about other countries' situation?
@Paul-oi2wz
@Paul-oi2wz 12 днів тому
What's up with that repetitive annoying tick sound in the beginning?
@-Ncrypt
@-Ncrypt 13 днів тому
China’s been in “looming crises” for years. I’m sick of reading it in the headlines. They seem to be doing better than we are, sadly.
@zhuangbamboo-hu1mm
@zhuangbamboo-hu1mm 10 днів тому
其实每一个指责都有部分的正确性,这帮助中国更谨慎的前进。而更多的指责是一种战争,舆论战争,是希望这个国家混乱。我思考的是指责是为了更好么?我不认为西方的指责是这个目的。
@-Ncrypt
@-Ncrypt 10 днів тому
@@zhuangbamboo-hu1mm Friend, thank you for your response. I am surprised to see a Chinese response on here, are you in China and using a VPN to access UKposts? I am glad to be able to communicate with you. I struggle to understand your response, maybe because of the language barrier, or maybe Google Translate sucks, hahaha! I don't understand what you mean when you talk about blame and accusation. American people don't accuse China for the bad American economy. That is the fault of America. But in American news headlines, they always say "China's economy will soon collapse" and it never seems true. It seems more true to me that China's economy is doing better than America's economy. Do you agree?
@hello855
@hello855 11 годин тому
By what metric are they doing better? America has its own issues, but Chinese economy has really struggled to recover since covid.
@elblee
@elblee 12 днів тому
US crisis and not the China crisis. The US had a debt of 34 trillion and China's foreign reserves had 3.245 trillion dollars as of March this year.
@wormboii
@wormboii 10 днів тому
explain
@young-fg3lf
@young-fg3lf 8 днів тому
hlw sir
@davidmadruga5902
@davidmadruga5902 7 днів тому
US debt is about 1.5 times GDP. China’s debt is over 3 times GDP. Foreign reserves and debt aren’t the same thing. If the US was in crisis, you would definitely know about it.
@wormboii
@wormboii 7 днів тому
The US can afford. Whats your problem then? 😆 you trying to antagonize them?
@jaegar2004
@jaegar2004 4 дні тому
​@@wormboiithe us is in debt mostly to its own people. China is in debt to others.
@Suparaf
@Suparaf 14 годин тому
at 6.10 and then at 7.30 they play the same clip from the same analyst, with slightly different b roll in the background. very strange editing choice.
@allenchan8030
@allenchan8030 2 дні тому
As a Chinese, I have to say China is advanced in infrastructure constructions. But lack of democracy and freedom to connect to global network ,extremely high price of real estate and medical cost !
@luting3
@luting3 14 днів тому
China has been in crisis always for last few centuries. When I was kid, youth unemployment was close to 90%. Youth often need wait for their parents retirement to take their parent role as substitution.
@nicholasl5247
@nicholasl5247 14 днів тому
When i saw they most interviewed west-based Female Asian descendants about insights of China economy , i am just laughing .
@tequilapopp9999
@tequilapopp9999 14 днів тому
America has been wishing for China's collapse since 2001, unfortunately that wish finally came true but instead of China its in America... out of control inflation, crime/looting, mass shooting, homelessness, druggies/zombie cities, border/illegal migrants, etc... I guess the old saying s true.. be careful what you wish for
@dailyrant4068
@dailyrant4068 12 днів тому
@@nicholasl5247 Because there's this dumb logical fallacy that everyone falls for. You see this in youtube comments too. "I'm from Turkey so I know if we lean towards Russia or NATO". No you don't, you only represent yourself. Being from Turkey HELPS, but it's not an exclusive indicator. The same thing in this video. Being Asian descent doesn't make you any more credible. You can be 100% white and still know more about China than a Chinese kid in Missouri.
@artsf6161
@artsf6161 13 днів тому
The downfall of China announced again for the billionth time. it’s not like you guys have been getting this wrong for decades 😂
@dlradlt1
@dlradlt1 12 днів тому
The one child policy wasn't very well thought out... China isn't the only country struggling with demographics...
@jan_darysh
@jan_darysh 9 днів тому
Why do we Americans blame China and other countries for the lack of sales of US products?
@ThomasTyler724
@ThomasTyler724 14 днів тому
Awesome video, Gracias,! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like crypto prices going higher but I also hate buying over-priced market and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend crypto and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Gianna Marie , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@doggedogge9395
@doggedogge9395 14 днів тому
YES!!! That's exactly her name (Gianna Marie )so many people have recommended highly about her and am just starting with her from South Savo 🇫🇮
@winces
@winces 14 днів тому
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
@HenryBerg-ek1ei
@HenryBerg-ek1ei 14 днів тому
How can I get in touch with Gianna Marie ? What are her offerings?
@izabo3
@izabo3 14 днів тому
Oh yeah sure, she's active on What's ApK
@izabo3
@izabo3 14 днів тому
🇺🇸+191
@lwmtx6156
@lwmtx6156 13 днів тому
If China is collapsing, why US keeps telling people China is a threat😂
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