The Truth About China’s Economic “Stimulus”

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China's economy is a disaster. Just how big of a disaster is unknown to even Xi Jinping.

Joining us today is Christopher Balding. He’s a Senior fellow at the Henry Jackson society. He’s also the founder of New kite data labs, a small think tank focused on China, data, technology and the economy.

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Chinese exporters skim profits long before revenue is ever realized. The hopeful notion that companies could ever be profitable doing business in or with China is gullibly foolish: the triumph of greed over experience. Hubris followed by Nemesis for westerners.

oldernu
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So Wise, Thank You . The sad part is we as the U.S. have the same problem with Bad Debt and people being over leveraged. Remember Debt MUST be paid . The Banks must make prifit

henrycarlson
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China sucks. However Australian politicians and police showed China how.

billybloggs
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#ChrisBalding, they will accuse you of EXAGGERATIONS!!!! Your Debt/GDP and Debt/Household Income sound bang on!!! Wow!!! And, you still have "Greed is Good" boys on Wall Street still trying to invest???

davidangeron
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It's always America's fault - totally LOL

fs
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I have Huawei phone & assume the C C P is listening to all the "smack." I randomly speak aloud about China & Xi.

jkapown
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Didn’t Xi say “Fall of West and rise of East”. Yes, West Taiwan is falling and Taiwan (East of West Taiwan) is rising 😂

michaellan
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"Rule number one is: 'It's always America's fault.'" 🤤 That's what I always say!

wesdowner
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Governments, not doing the job they were meant to do and on top of that bungling things up for the private sector.😢

qualqui
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3 clowns at one place. Never take a break from China bashing

DK-gjsp
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