China’s spending spree slowing economy
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There are growing concerns that China’s economy - the world’s second largest - is headed for a major crisis. Years of building and spending sprees have led to mounting debt for a country already suffering financially. The government insists it has everything under control, but the evidence suggests otherwise. Al Jazeera’s Steve Chao reports from Shenfu. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
Comments
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Wow, a taxi driver knows everything.
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Recently it seems Aljazeera is attacking China fiercely... What is their hidden agenda? Aljazeera is in Qatar, who is a vassal of USA in Middle East.
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this is why asia is dumb place.. not insulting but i am insulting the leaders whom make golden statues of whole gold.. oh they had too make it hollow gold now becus resources? maby u should stop making toilets of gold u dumbfucker s
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This channel and it's stupid people have a sick mentality, it's always someone or something who is at fault
immigrant problem it's the problem for west who have got to take care of parasites, they won't touch them or welcome them, when they share the same religion and believes
despite oil and gas prices going down Qatar is heaven
the poor labourer who works there doesn't get paid for months
now it's China India and rest of asia
propaganda by a monarchy for propagating of democracy world over, other than middle East -
nothing wrong with planning ahead. gHOST cities are only for the time being.
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China is the world's greatest economic success story over the past 3 decades. When the rest of the world went into recession, China's growth only slowed a little. I wouldn't worry too much about China, they are doing just great...
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嗯，中国又出现崩溃的迹象了~瞧着B一脸奸样。。
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1:08 that shot... Xo
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How can the journalists be so naive in saying the Premier of China denies the economy is in trouble.If he admitted , then investors will lose confidence in China and Li might even be replaced when his first term ended.
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Westerners don't know these ghost cities are not government funded. Private companies will lose the money.
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6.5% is too much slowing. other country is crying.
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The Chinese probably built this city to house future american prisoners of war.
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More proof that China is going to blow, it is only a matter of time.
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they are building like crazy so that they can catch up with US GDP. it is almost laughable that they chase after a number than real GDP growth and healthy growth...
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I don't believe our economy ,our government .how dare u lent or donate our money to other countries while some people are very poor?people here do not have any welfare,a corrupted government .
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So many empty buildings that could easily be converted into cheap housing units. RIP money.
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Bunch of stupid greedy chinese ! you reap what you sow !
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put the refugees there!!
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