Breaking Down China’s Economy

Jun.15 -- Johanna Chua, chief APAC economist at Citigroup Global Markets, discusses China’s economy and PBOC policy. She speaks on “Bloomberg Daybreak: Asia.”

[LesliePeter]

Why are they always asking these so-called 'China experts' about Chinese economy who are based at locations other than in China?

[lorainejones]

Next time can we get a Chinese person from China to explain USA economy, makes as much sense as this BS. 😂

[marcelgombault]

)I am in South Africa. China is doing so much investment and create so many jobs in all of Africa. Even in South Africa they are developing new mines, are involved in agricultural projects and many more projects in all forms of industry. China is not just doing this in Africa its also involved in Asia and even Europe This while the US investments and exports into these countries did not shirk it became nonexistent, but that’s capitalist greed. The digital Yuan will replace the dollar.

[tianyicai]

after all, seems like China won't slow down its economic growth at all!

[peianghe]

Time to buy Chinese equities and invest in China

[pisanghangus]

China economic crisis is always 2 years away

[huikitwee]

Akha it is getting easier becoming China expert in English outside of mainland whereas inside China it is getting complex I read reports in Chinese it make more sense.

[seekfunk]

China is fine with slowing down a bit, so that the investment will be poured into R&D.

[curtiscarpenter]

Britain is already the second biggest investor in China and biggest in America, so the UK is getting the best of both worlds.📦🧠

[mrpmj]

__Stocks for the next 5 years: Amazon, Apple, Facebook, Microsoft, Netflix. Disney, Wells Fargo, Lowes for the

[LesliePeter]

Elon Musk: “The Chinese economy is going to be three times as big as the US economy.
Since they have about four or five times the population, then it would only require getting to a GDP
per capita of half the US for their economy to be twice the size of ours.”

Bringing manufacturing back to the West and decoupling from China economically - it's actually the opposite.

Chinese exports with the US, Australia and other countries surged in April by a third to 264 Billion dollars as global demand for Chinese goods rose around the world. Chinese imports climbed even higher -- by more than 43% to 221 Billion dollars.

[promovercrypto]

The question that no one is addressing is how will Chinese legislators respond to economic woes. Their grip on power is built on emphasizing a false sense of social harmony and economic prosperity. Will they accurately report woeful economic data? Not doing so may tear at the harmony narrative.

[yauaiden]

Well, the funny thing is. When they feel somebody else may possibly surpass them. they dont choose to work harder to keep their present leading position. they chose to sabotage, curse, slander and insult the chanllenger, they chose to demonize him，And they call it "contain". That's a person who lost confidence normally does. All those mean and cowardly behaviours are coming from the fear. the fear of loss.

[twomix]

The lynchpin is in China's real estate. Real estate market in China is severely overheated (warning signs already showing). If the real estate market in China implodes I think the whole domino effect will crash the Chinese economy. We'll be seeing something akin to the US 2008 toxic mortgage crisis but on steroids because most Chinese (78%) tie their wealth to the real estate market (what they say about putting all your eggs in one basket). This is why the consumption economy isn't picking up in China instead real estate keeps going up and up despite government tightening of credits. This produces a potentially very dangerous outcome. If the real estate bubble burst we are looking at a doomsday scenario where 7 out of 10 regional banks in China running out of cash or going bankrupt. Right now the Chinese government needs to thread a careful line between managing economic growth and playing Russian roulette with the real estate market.

[williamh.gatesiii]

And we're paying for it, thanks to these politicians.

[marcelgombault]

) China is already the world leader in trade, up till the bad relations with the US it was happy to use the US dollar for pricing all its products worldwide. This will now change; the digital Yuan’s value will become the currency of trade. For the US this is bad news as China can now put any value on the dollar they like, especially now with all the billions of money printing, and the US still give the $ a high inflated value. Something China will not accept and that will also destroy things like bitcoin and also affect