What is behind China's economic crisis & what it means for the world

The world's second largest economy is in crisis, hit by lockdowns, impaired supply chains, slump in real estate sector and geo-political tensions. Economist Radhika Pandey and Managing Editor Y.P. Rajesh explain the reasons and what this means for India and the world.
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[ThePrintIndia]

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[asokedas]

If Chinese economy is truly slowing for whatever reason the world economies will suffer.

[CA]

Recently China Adds 1 Trillion Yuan More of Stimulus to Rescue Growth we missed this in the discussion

[vishnumohannair]

A bit of repeat of what has been hashed out by multiple youtubers. If you can talk in terms of how there will be an impact on India - both direct and most importantly indirect impact. That would be benefitial

[kaushikthaker]

Only reason why China is doing well because the Western countries wanted growth without unions in Western nation.
So west invested in China and transfered pension fund in China hoping that Chinese will be slave's without question and 10 to 15 growth would continue for life but Chinese started against the west and said free lunch is over for life, and inspite having centre like Hong Kong and Singapore as trading centre China became master and started to bring control and brought in reistance and saying no to everything western demand.
So with too much depending on Chinese on supply chains is now backfires and now realise that was bigger mistake to transfer technology to China is becoming more and more difficult to trade with China,
So now lots of western pension fund's locked in Chinese property market and it could lead to 2008 banking collapse in turn lot's pension fund would lose huge monies.

[kalpeshsanghvi]

If possible one episode on how India & Indian entrepreneurs can use Chinese & current Geopolitical situation for its advantage.

[prashanthkamath]

China GDP nominal USD 20 trillion, crude oil consumption is 12.5 millon barrels a day.
South Korea's GDP nominal USD 1.7 trillion, oil consumption is 2.5 million barrels a day.
Chinese crude consumption is 5 times that of South Korea even though Chinese GDP is almost 12 times that of South Korea. Add to it the fact that Chinese economy is more energy intensive than that of South Korea.
Look at exports as a percentage of GDP ( only goods)
Germany - 47
South Korea - 79
Taiwan - 71
China- 18
And here is a shocker
India's exports as a percentage of GDP is 18.5
China's exports as a percentage of GDP is lower than that of India!
Domestic factor of GDP of China are highly overstated.
My estimate of Chinese GDP is at best USD 10 trillion.

[raghavgopal]

The 2008 problem is vastly different from China's real estate problem. I am sure Ms. Radhika answered Yes because she did not want to go deep into the problems of the banking sector, especially the shadow banks like Lehman or Goldman in the USA

[vakilchirayu]

absolute gem to hear you radhika mam.. well analyzed and equally well presented for any laymen to understand.. always wait for your show.. plz make it twice a week..

[venkatareddy]

I fell she doesn't know that much..what she is saying is already available in internet

[tyagirule]

IF I UNDERSTAND IT CORRECTLY .
Is it simmilar to what it was before RERA...??

[JayantKashyap]

Hydroelectric power provides about 15% of power in China. The real issue is that the power grid is inelastic. They are rooting power away from the heartland to the coast because they can't increase production.

[km]

Can feel some anti Chinese bias which clouds objectivity.

[madandu]

Chinese-builders diverted funds to buy land, assets than deliver apartments like Indian-builders did pre-RERA. Failures of Chinese banking, real-estate regulators.

[uaeindi]

Good that Ila is out of print. new economic analyst looks to be highly knowledgeable

[ssandeep]

The export oriented Chinese economy has to run double to remain at the same place .With little or no brand value for its products which leaves hardly any margin this is a wrong economic model which India should avoid

[babkamath]

Facts and not opinions, great job the team at Print, excellent work

[joseroy]

This is the real cut the clutter. Concise, precise, and in plain language. Sorry to compare.

[giridharanambaram]

As about pharma ingredients which we important.
I understand the supply will increase if there is slowdown in China but you say the contrary. Can you make me understand how?

[kangafinancial]

Time for the world to draw a a long-term blueprint for a weak Chinese economy world. Time for India to take advantage of the situation.