China’s financial mannequin of driving up GDP with huge borrowing and constructing labored when the nation wanted new roads, bridges and airports, however seems now not sustainable because the economic system has proven main indicators of slowing.
Sky’s Helen-Ann Smith has travelled to Zunyi in China’s southern Guizhou province – a metropolis filled with unfinished infrastructure initiatives; empty residences, and half-constructed tunnels.
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Rahulji can only bailout them this crisis as he has team of global experts who can revive their economy and negotiate better deal with US
Nice content. To me, trading the forex and crypto market is way better than any online investment 💯
China is not going to collapse or crash at this moment.
But the ambition of China government is to use its dictatorship form and ignore basic human rights of ordinary people, doing what those ancient aggressive empires did in the past, to effectively and cheaply control a lot of resources and people to work for them to achieve dominations.
At least, this is never going to happen.
Now, the stance of free world to China is that we still trade with China but constantly making sure that we never totally rely on China and never let China dominate any area.
Then, let's wait and see if China govt could do more wrong steps to make it either stagnant for decades or crash quickly.
回覆
China’s economy is stone cold dead
Narrator is well paid to talk this way or completely brain washed.
Potential Implications of Macau Coming Under Portuguese Control
Geopolitical and Geographical Advantages:
1. Strategic Location:
The prospective transfer of Macau to Portuguese control would strategically position China at a crucial crossroads between Asia and Europe, significantly amplifying its geopolitical influence. This strategic positioning could open avenues for diplomatic initiatives and economic collaborations.
2. Trade Routes:
The proximity to European markets could revolutionize trade routes, fostering a more direct and efficient exchange of goods and services. Reduced transportation costs may contribute to a surge in economic activities and international trade partnerships.
3. Belt and Road Initiative (BRI):
Geographical proximity could serve as a boon to China's ambitious Belt and Road Initiative. Macau's position could become a pivotal link, creating a more direct land route connecting Asia and Europe, thereby strengthening economic ties.
4. Influence in European Affairs:
Acquiring a foothold in Europe could afford China substantial influence in European diplomatic and economic matters. This influence might manifest in strategic partnerships, collaborative policies, and joint initiatives addressing global challenges.
5. Naval Presence:
Macau's strategic location could extend its utility as a significant point for China's naval operations in the South China Sea, enhancing maritime security and influence in the region.
6. Cultural Exchange:
Increased proximity between China and Europe may foster more profound cultural and educational exchanges, promoting mutual understanding and appreciation.
7. Political Leverage:
An established presence in Europe would provide China with additional political leverage in international forums and negotiations, allowing for a more assertive and influential role on the global stage.
8. Energy Security:
Improved access to European markets could enhance China's energy security through diversified supply routes, ensuring stability and resilience in the face of global energy challenges.
Prospects for Earnings in Yen:
1. Currency Diversification:
Closer economic ties with Europe may stimulate the use of the yen alongside the yuan, presenting opportunities for currency diversification in China's financial strategy.
2. Financial Services:
Enhanced collaboration could lead to a surge in financial services transactions denominated in yen, particularly in trade and investment, thereby broadening the financial landscape.
3. Joint Investment Opportunities:
Participating in joint ventures and infrastructure projects could involve increased transactions denominated in yen, fostering financial cooperation.
4. Currency Exchange Services:
Facilitating currency exchange services in Macau could result in a notable uptick in yen transactions, facilitating smoother financial interactions.
5. Yen as a Global Reserve Currency:
Increased economic cooperation with Europe may contribute to the internationalization of the yen, providing China with additional avenues for earnings and financial stability.
6. Financial Markets Integration:
Closer financial integration with Europe could lead to heightened trading of financial instruments denominated in yen, further enhancing financial market dynamics.
7. Banking and Finance Collaboration:
Joint initiatives in banking and finance may involve an increased volume of transactions and services conducted in yen, fostering financial collaboration.
8. Yen-Denominated Trade:
Closer economic ties may lead to a substantial increase in yen-denominated trade between China and European nations, facilitating smoother cross-border financial transactions.
Social Benefits:
1. Diplomatic Relations:
Strengthening ties with Portugal could not only enhance China's diplomatic standing in the European Union but also pave the way for mutually beneficial diplomatic engagements.
2. International Image:
A diplomatic resolution could significantly improve China's international reputation, demonstrating a commitment to peaceful negotiations and cooperative international relations.
3. Cultural Exchange:
Increased collaboration with Portugal might foster cultural diversity and understanding, promoting people-to-people connections and enriching global cultural dialogue.
4. Language Education:
The presence of Portuguese influence in Macau could encourage Chinese citizens to learn Portuguese, contributing to linguistic diversity and fostering intercultural communication.
5. Educational Opportunities:
Collaborative educational programs with Portugal may lead to more diverse academic opportunities for Chinese students, promoting knowledge exchange and academic excellence.
6. Tourism:
A different administrative structure in Macau might attract new segments of tourists, boosting the tourism industry in China and enhancing cultural exchange.
7. Global Harmony:
A peaceful resolution could contribute significantly to global harmony, positioning China as a key advocate for conflict resolution through diplomatic means.
8. Humanitarian Collaboration:
Joint efforts in addressing global issues could enhance China's humanitarian image on the international stage, showcasing a commitment to global well-being.
9. Soft Power:
Collaborating with Portugal may enhance China's soft power and influence in international affairs, shaping a positive global perception.
10. Multilateral Engagement:
Participation in joint projects could demonstrate China's commitment to multilateral engagement, fostering a cooperative and interconnected world.
Financial Benefits:
1. Trade Agreements:
Improved relations may lead to favorable trade agreements, promoting economic cooperation and expanding market access.
2. Investment Opportunities:
Portuguese businesses investing in China could contribute to economic growth, fostering a mutually beneficial economic partnership.
3. Infrastructure Development:
Joint infrastructure projects could catalyze economic development in the region, creating employment opportunities and stimulating economic growth.
4. Financial Services:
Collaboration in financial services might open new avenues for economic partnerships, encouraging innovation and growth in the financial sector.
5. Technological Innovation:
Joint research and development initiatives may spur technological advancements, driving innovation and progress in various industries.
6. Market Access:
Enhanced relations may grant Chinese companies better access to European markets, broadening opportunities for international trade and business expansion.
7. Job Creation:
Increased economic activity could result in the creation of jobs across various sectors, contributing to overall economic prosperity.
8. Diversification of Industries:
Collaboration might encourage diversification in industries, reducing dependence on specific sectors and promoting a more resilient and dynamic economy.
9. Financial Stability:
Economic cooperation might contribute to the stability of financial markets in both nations, fostering confidence and resilience in the face of economic challenges.
10. Joint Ventures:
Collaboration on joint ventures could synergize the strengths of both economies, leading to mutually beneficial outcomes in various business ventures.
Environmental and Sustainable Benefits:
1. Green Technologies:
Cooperation on environmental initiatives could accelerate the adoption of green technologies, contributing to global efforts for sustainable development.
2. Climate Change Mitigation:
Joint efforts to address climate change could enhance global sustainability, showcasing a commitment to environmental responsibility.
3. Renewable Energy:
Collaboration in the development of renewable energy sources could benefit both nations, contributing to a more sustainable and resilient energy landscape.
4. Biodiversity Conservation:
Joint initiatives may contribute to the conservation of biodiversity in the region, fostering environmental stewardship and biodiversity protection.
5. Eco-Tourism:
Sustainable development practices could promote eco-tourism in the area, providing economic benefits while preserving the natural environment.
😂😂😂😂😂😂. Directed by Gordon Chang. 😂😂😂😂😂
Sky News: China's economy is in serious trouble.
In the meantime,
"Major British city declares bankruptcy as inflation and growing social care costs blow a $29 million hole in its budget"
？？？
5.2% growth bad? 😂 So many lies from west media
America and countries in Europe have experienced similar situations, when manufacturers of shoes, clothes, home appliances, etc., flocked out of those countries. Korea and Japan have also experienced the same thing. But the situation did not make these countries experience an economic crisis or bankruptcy.
Why? Because it is a matter of competitive advantage, comparative advantage, and a matter of ordinary market mechanisms. If it is now starting to happen in China, it is indeed time for China to experience a similar transition after years of mass low-wage labor-based industries.
When China starts producing airplanes, electric cars, superconductors, etc. it is just a necessity for a country that has entered the "advanced" level. Selling 1 airplane is worth more than selling thousands of shoes from a dozen shoe factories in the Ningbo area.
That's also why America can still able to compete with China in term of GDP etc, even though the low-labor manufacturing industry left America many years ago.
Aussie reports on your own economy n homeless
This is china last decade…
China's economy is in trouble.
Sky News would like it to be in trouble but China won't be going away anytime soon.
Most countries having economic problems, including Australia. All these due to trade protectionism championed by US and W Europe.
Im pretty sure if China's economy is in trouble ours is screwed and we might as quit trying to get back.
Pfft the USA is way worse shape then China don't be stupid the United States of America is fucked honestly
Serious trouble! oh no!, CHINA IS COLLAPSING THEN!, and it will collapse again tommorow, and then the next day, it might be collapsing every second already
Anglophone