Breaking down the 'China Collapse' theory with Jeffrey Sachs

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For decades, some Western media have forecasted China's economic collapse, citing challenges like slowing growth, real estate woes, and rising debt. Yet, China's economy remains a global powerhouse, lifting millions out of poverty and becoming the world's second-largest economy. Is the "China collapse theory" rooted in facts, or is it a misunderstanding of China's unique development path? How has China's success reshaped economic narratives, and can it sustain growth amidst increasing challenges? Liu Xin speaks to Professor Jeffrey Sachs, a renowned economist and director of the Center for Sustainable Development at Columbia University.
#China #Economy #RealEstate #Debt #JeffreySachs #CGTN #ThePoint #LiuXinSubscribe

[johntan]

Professor Sachs is a man of the hour counterbalancing a sea of lies in the world of business, economics and politics by speaking the truth.

[korwongchee]

Well said Prof. Sachs for his honest and knowledgeable analysis, answers to all the tropics.

[saleemkhanazad]

One and only one Professor Sachs has the courage to tell the truth. Professor Sachs is loved by people in the United States and internationally. We appreciate his work.

[michaeldeangelis]

Problems with the US: (1) poor health due to over consumption of carbs, sugar, junk food, and alcohol (2) racism, arrogant exceptionalism, geopolitical ignorance, and religious intolerance (3) poor reading and math literacy.

[tangkoksoo]

Prof. Jeffrey Sachs, is a sage of the world, representing the voice of human and world peace. May prof. Sachs in good health always.^^^

[skeerati]

Prof. Jaffrey Sachs is an American who says the truth. He's really brave man.

[vichitvideo]

Those who spoke or viewed China's development negatively are people who either had ill-intention toward China or did not do enough homework to grasp the full picture.

[LaVictoria]

What I like from Prof. Sachs is his honesty. He speaks the truth, and does not hide the miseries of US politics

[mehditaba]

US economy is mostly housing and stock market. Little production, extremely low savings and high consumption. Very shaky grounds.

[ardyalmatsir]

i admire the honesty, a person of integrity.

[Bruno]

A Nation who is confident in her identity, united around a strong and intelligent leadership with long term views, and who refuses to subject her economy to foreign controlled financial markets will not collapse!

[leemichael]

Love the knowledge professor Sachs in History and Philosophy while he talks about any topic with Humbleness and patience 🙏❤️😍

[Cobalt-]

The Chinese people must be so proud about how China as become a beacon for positive change in the world in the last 25 years.

As a Western specialist in the Asian market, I eagerly await the unfolding of the next 20 years.

[ThomasSheehan-nl]

I had a Chinese man and his wife as my emediate neighbour for 7 years. They ran a small business, with great success. Had courage to start this business first in small town, with now many copiers. He was the most peaceful, polite, spiritual man, and wife same. No wonder America is very worried.

[cornerarcade]

Belt & Road is smart because regardless of intent or outcome you can’t claim it’s just aid to the rich of a poor country. The poor take trains, use roads and etc. When West gives aid it typically goes to rulers or rich of a poor country. China just needs to expand its own middle class. That interview was excellent & Jeff Sachs is a brilliant decipherer of economics and history.

[binglim]

I am glad China is strong enough to stand against a nation run by oligarchs. The US says and thinks she is a democracy but in reality she is an oligarchy, run by a few rich and powerful individuals.

[Cobalt-]

Jeffrey Sachs is an impeccable scholar offering important advice to the world.

Sadly, it is the Chinese who are increasingly listening to the likes of him and others such as Michael Hudson, etc. while the US champions Robert Murchoch and News Corp.

And of course, Liu Xin is interviewing him! I have such great respect for them both.

[El-upri]

Excellent program. Pr Sachs is the voice of reason. Very good questions by the reporter too.

[guochen]

Excellent and insightful rogram .
Bravo to Prof Sachs, a truthful scholar

[sabastinenoah]

A collapse has began!!! Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. The increasing prices have impacted my plan to retire at 62, The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.