Davos 2016 - Where Is the Chinese Economy Heading?
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http://www.weforum.org/ With a new Five-Year Plan being presented in 2016, how can the world’s second-largest economy shift gears without stalling its growth engine? This session was developed in partnership with Bloomberg Television. Speakers: -Gary D. Cohn, President and Chief Operating Officer, Goldman Sachs, USA. -Ray Dalio, Chairman and Chief Investment Officer, Bridgewater Associates, USA. -Fang Xinghai, Director-General, International Economic Department, Office of the Central Leading Group for Financial and Economic Affairs of the People's Republic of China. -Jiang Jianqing, Chairman of the Board, Industrial and Commercial Bank of China, People's Republic of China. -Christine Lagarde, Managing Director, International Monetary Fund (IMF), Washington DC. -Zhang Xin, Chief Executive Officer and Co-Founder, SOHO China, People's Republic of China. Moderated by Francine Lacqua, Editor-at-Large and Presenter, Bloomberg Television, United Kingdom.
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subtitles would be way better
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China has been grown up not because of US, but because of their incredible entrepreneurship desire and changes made in the communist government. That's what Soviet Union was needed to do before it got collapse. Soviet Union could have been VERY strong country with China together
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China is great partner, very peaceful nation as I have been history observing. Central Asia, I am from Kyrgyz is welcoming Chinese investment and One Belt One Road presence. It is good for Eurasian and China.
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One thing that they definitely got right was that there is no production or consumption challenge in China.
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Did China gain much face? Good. Now can they do something about the travelers who have no manors and loose bucket fulls of face?
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Where is the translater
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Why is market Volatility OK ?
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Goldman Sachs guy is cunning, periode.
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Oh look! It's a meeting of people in denial.
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"we have the strongest leadership in the world at this point... period"
Classic... -
At the end, that was some heated argument...
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As a chinese , I want said--- China was always change and change very quickly. Even change every month. So many many Chinese even didn't know China's situation. There are so many foreigner seems know China' situation. . It's so ridiculous。
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These are globalist thugs, paid for by the elite for being their lap dog mouth pieces. Using economic ways to attack foreign sovereignty
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Here's a question do we need more or less people on the planet. At first glance you could look at whats happening to the people and assume we would probably be better off with less people on the planet. However think of it this way we could end up quite easily with one of two results. result one we could end up with 8.5 to 11 billion population on a fluctuation where the struggle of life keeps killing off the excess on a dysfunctional world where most other life is near death or result 2 we could end with 14.5 to 17 billion people on the planet ready to explore space on a planet where the resources are managed 100 times better than today where other life is on the rebound. So population might not be an issue really of needing less people to reduce the problems in the world but instead simply an issue of management. Think about it this could be an issue where more if done right is better than less done poorly and more prosperous than even less done well.
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The problem here is that there is high R&D and low R&D output. The Products are not enhancing the demand well enough. This is due to the fact that China has mostly been profiting from western product interests and to go further China needs to apply better to the rest of the world including itself. Till this moment China has been mostly the assembler of the world exporting this everywhere, However in the future China needs to adapt it's economy to become the component base for a wider range of global economic interests. China can balance issues by improving financial efficiency and their domestic economy however in the long term the real issue is one of adapting the Chinese economy to better suit it self as one of the worlds needs. It's important to mention that we all need to adapt with this regards and other interest hubs in the world need to form for the world to do well.
Today I think China needs to take a cold hard look at it's base and ask the question what can we enable for people and communities around the world and of which what would different groups and people be interested in enabling with the support of China. One point is having a high access to the raw components and modules could allow for much in the way of more Tailored solutions. However to achieve this well in the market the social capital(I'e the people) around the world has to be infused with the efforts in how they work and sell ect amidst they're community inter-workings. So a lot of changes that more enable people in communities has to be achieved in such a way the the earth and her people get the most benefit. This would be why it would be useful to setup more hubs than just China to enhance different worldly interests around the world.
For example the middle east could be more of a solar technologies hub, South America could be more of an ecology hub, Africa could be more of a hub to study crystal science and raw material science, Along with China the Asian markets could be better suited to manage the world Intermittent markets, In Europe and North America we could be more of a hub for regeneration solutions as to improve the world's re-integration with nature because we need to adapt this way desperately due to all the damage our industrial revolution has caused. To achieve it in Europe and North America we need to work with a far better ear to advice from the rest of the world and build positive momentum towards a more efficient working with nature, To achieve it in Asia marketers need to form close and truly beneficial relationships for the long term, To achieve it in Africa the rest of the world need to leave Africa the economic grace that is fully in their potential to get on with studying such a relationship with the worlds earthy asserts, and to achieve this in South America the minds of ecology need to have their chorus listened too and diligently Improved upon.
This is no easy task as in the human populous exists much corruption and apathy. Point being the Global economy is not just China's problem it's up to all of us to work with the world better and with each other better if the next waves of economy are to be truly beneficial to life on earth and ourselves. As for space technology and science research I think we can distribute our efforts around the world and each share in our findings and solutions I'E the space race needs to end and instead we would do better working together on global goals with regards to Science. -
good to see that india surpassed china in gdp growth rate ........ wont be too long to replace the real gdp .....
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Why would they not have a translator telling us what the others are hearing in the headphones?
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Chinese economy depends on United States economy. Most of their investment is here in United States, but United States is 75% of the population are living on public assistance, food stamps and/ or some type of social security program. United States needs to reassess their economy.
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Chinese gov manipulate their economic numbers.
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i do not understand chinese...do you?????
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