China's Economy: The Numbers Look Scary
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April 10 -- Bloomberg Intelligence’s Ken Hoffman reports on China’s slowing economy. He speaks on “In The Loop.” -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
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"Recklessly pollute"? China is in fact moving aggressively to clean up its pollution -- while it is still a developing state.
The West is responsible for most of the pollution out there simply because the West -- Europe first, then the Americas -- has been throwing crap into the atmosphere for 250 years. Yet we only started to clean up after we got rich and it was easy to afford.
Could we have just a wee tad of balance and context here, puh-leeze?
-dlj. -
hahhahahhhha
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So long China! Your bid to become a world superpower was great and you have some fast trains but State-Run Capitalism does not work in the long run. Mark my words, China will go back to being economically Communist in 15 years or less. Basically the planners are going to say "screw it, let's make all of these companies into departments of the Government and become as repressive as North Korea." US Newspapers will be abuzz about the collapse of "Capitalism" in China. China will then quickly fall off the edge economically and she will become a huge slum of billions of unemployed people. Guess what happens next? In order to "save face" the Communist Government of China invades Taiwan, then they invade Japan after sinking the US Pacific Fleet in one battle and they make Japan a "puppet" of China and loot it. Same with Taiwan, then they invade South Korea and make Korea into a puppet State then they seize Southeast Asia and then they attack Russia and annex Siberia. (and etc) The USA, defeated by China, basically collapses into anarchy. Yeah I know this prediction is not a "rainbows and sunshine" prediction. If you want "rainbows and sunshine" then watch "My Little Pony" I am a hard-core realist and this is what I see on the horizon for both China and the USA. It is quite possible that a Sino-US war will involve the superior Chinese forces invading the West Coast or Alaska after nuclear weapons hit our main ports. Most Americans will surrender quickly to overwhelming Chinese firepower. The Chinese then force the US to sign a humiliating treaty which makes the USA a debtor-slave to China. American school children will learn how the superior Chinese beat the racist and xenophobic United States and China will resettle MILLIONS of it's citizens in the beaten USA and the slow "ethnic cleansing" of Americans will begin by forcing them out of their remaining jobs. Sorry I just don't see the USA as being the winner in any contest of arms with China, the US population is already far too demoralized for a full-scale conflict!
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THIS KIND OF NEWS IS NOT ABOUT CHINA, IT IS ALL ABOUT AFRICA INSTEAD, when CHINA moves into AFRICA and undercut the west, and build the infrastructure, and increase the trade between CHINA and AFRICA, the WEST lose the grip on AFRICAN resources they have been getting for decades for almost nothing, they used this theft method to subsidize and stimulate their economies for so long... in other words CHINA is endangering their LIVELIHOOD... and their HATE is at all times high. I have been hearing about CHINESE TOTAL COLLAPSE SINCE 2008 when CHINA was number 3, I STILL HEAR THE SAME STORY TODAY 2016 WHEN CHINA IS NUMBER 1!!!!!!!!!!! desperate westerners
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The economy of China will slow down
But I do not think it will crash
What will happen is they will be the Japan of the 1990s
They will become ONE of the boys in G20 or G8
so they cannot push other countries around anymore -
The end is coming for china!! Great!!! HAHAHAHAAAA!!
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The markets expect Neoliberal short-term fixes, that´s why the speculative stocks are down as soon as the government show patience and tought. China was occupied By the globalized Neoliberal corporate system in 1996-2006, which caused debt crisis in the West. As long as these economic forces are able to dictate policy, the societies and governments are unstable.
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I guess the cranes stopped building stopped ghost suburbs.
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I like Bloomberg~ so funny
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He seems to forget no matter how bad he think is China by far China still doing the best in the world
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How funny these experts pretend they knew what's going on in China
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You have no clue
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When will the world find the courage and guts to free Tibet out of China's cruel strangle hold.
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Tax all chinks 1000 percent.
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nothing has happened its 2016
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Chinese economy is garbage.
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That's why you have ghost cities over their because the 2008 crash was really designed the bring down China, so they propped it by building ghost cities,just like the 1987 crash of the Japanese economy which did crash and is still suffering.But the real fall of China will be war with their Asian neighbours,because of their claim to the South China Sea that they are claiming now.
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70% of China's gdp is construction? Lol, what a idiot. This guy didn't see 90% of world personal computer, 80% of smart phones and 60% of housing electrical and electronic products are made in China. China also has a huge consumer market, the Chinese e-commerce is bigger than US. Actually the real estate gdp percentage of China is even smaller than US. By the way, China has 355 cities and 150 of them are more than 1 million people, I don't know how many of them have been visited by him. Chongqin, China's mega city in the middle, this year gdp growth rate is 18%. This city has 10 million people in urban area, and another 20 million in counties.
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How can building so much cities be good for China if there is no one living in them?The common man can not afford to live in these cities............and the cities remain empty.....
2m 56sLenght
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