China’s Debt Crisis & Fiscal Bazooka | Chess Scandal | US-Taiwan Military Matters

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00:00 Introduction
00:12 Chinese Economy: Fiscal Bazooka & Debt
04:17 Chess Grandmaster Scandal
06:08 US-Taiwan Military Matters

China Update provides viewers with the most up to date political, economic, and geostrategic analysis on China. Videos are based on hundreds of articles, think tank reports, government statements and other resources in English and Chinese. China Update is fully independent, all views and analysis are all my own and I make the videos.

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Disclaimer: China Update is NOT a financial advisory channel. Nothing I say should be taken as investment or any other kind of advice. Please speak to a professional before making any investment decisions. While I take great care in researching everything discussed in my videos, I do not guarantee that all claims are 100% accurate, all claims should be verified by viewers.

[karenlankford]

I am in the habit of hitting the like button at the start of each segment as I am almost sure that I will get good value for my time spent. You teach me alot.

[blafonovision]

There will undoubtedly be some Westerners gullible enough to buy this debt.

[jameswalker]

The usual well-considered episode. Hope you have a nice weekend. :)

[kateryan]

Let's all further help the Chinese out by reducing any Made-in-China purchases whenever humanly possible.

[patrickpeake]

More infrastructure??? They already have high speed trains to every village and bridges across every brook. More infrastructure is just consumption, not investment. It’s just another short term fix.

[petrichor]

Hi Tony hope you have a good weekend too mate.

[HellCatwhp]

Happy Friday Tony, almost 76k congrats

[csleuthone]

Tony, good morning from Land O Lakes, Florida. Happy Friday everyone.

[tonysu]

The Chinese chess players "banned for life" is interesting, those penalties almost certainly have to be imposed by China's own federation and not by FIDE.

Someone didn't get paid enough under the table

[Toothnut_Hamsterfolder]

Happy Friday, Tony!
I appreciate everything you do, and though I am running out of original ways to say it - thank you for all of your hard work, sir!
China Update is the best!

[arfajob]

1:50 🤩 Oh dear me. The only positive action from the recent fiscal stimulus is the tidal wave of cashing out that is going on. 🤩

[jaydee]

Thank you, Tony. Seems to me your week was quite productive. Hope you’re able to enjoy the weekend!

[arfajob]

5:15 This is awful. Cheating in sport! But seriously now, does anyone feel like being surprised?

[hnkx]

They are asking 10 Trillions, When i. reality means 15T, China is Broke, the PRC knows is that is why, the hesitation about stimilus package. They PRC went all in, into real estate, and infra and EV.

Also, Cisco, Volswagen, BMW just said are exiting China.

[dcc]

What kind of risk profile do the ultra long term prc bonds have? Factoring in the potential of a regime-ending war over Taiwan, selling a 50 year bond seems overly optimistic

[tonysu]

The F-16 upgrades seem to be happening a lot more quickly than many might expect. Because production of new aircraft is so slow and at least 3 years behind schedule, there was concern China could build an advantage in numbers that might compensate for lack of performance. If upgrades continue at the pace described, the PLAAF will not be able to build numbers greater than the US and allies and as expected every upgraded and new aircraft should have a technological edge over any and every PLAAF aircraft

[jbrown]

Thanks, Tony.
What's the default risk on 50 year bonds with a shrinking population?
😄

[ChiefBridgeFuser]

Money printing with Chinese Characteristics.

[howardmaryon]

I am always impressed by the way that Tony can switch language instantly and the flow is not disturbed at all.

[DavidCooper-bnte]

My question to the CCP is who's going to buy all of these "Special Long-term Bonds"?
If xjp thinks investors will return to "business as usual", l believe he is sadly mistaken. The US and our allies will not continue to subsidize the ccp.
De-coupling from China is well underway.
China's complete lack of understanding free-market economics, like supply and demand render it incapable of adapting production to what is needed for consumption.
Not by the dictates of the central planning committee.
I see China's eagerness to adopt the war-time economy model used to run the Russian economy into the ground.
"How's that workin' for ya Vlad?"
What's that???
You say you're goin' broke??
Hmmm....
Who'da thunk it.