China's Economic Comeback Story

Henry McVey, KKR Head of Global Macro, Balance Sheet, and Risk Team and CIO of KKR Balance Sheet has been to China four times in the last five quarters and sees opportunities in its domestic economy.
--------
More on Bloomberg Television and Markets


Connect with Bloomberg Television on:

Connect with Bloomberg Business on:

More from Bloomberg:


Watch more on YouTube:

[manimalworks]

Growing at 5.1% is slow, at 1.5% is fast

[prajnasamadhi]

Gordon Chang: China's been collapsing for the past three decades.
Or, maybe reverse collapsing. I think Gordon's being ironic.

[supagirusupagiru]

Gordon Chang in 2010 : China is collapsing
Gordon Chang in 2024 : China is Collapsing

Meanwhile….US is self destructing

[metchandara]

The same Bloomberg media reported that China collapsed months ago. So now what!!! China still collapsing?? 😂

[yin-longqiu]

One of the very few objective, neutral, and fair-minded reports of China's economy! We need many more of this type of journalism. The US should get out of the ideological quagmire we are in, because otherwise it will only hurt us and then brings others down as well.

[mtljin]

Over capacity for green technology is such a joke. The people want cheap solar. Only greedy west wants to hold up the price.

[aihong]

Mr. McVey is very balanced. China is made up of several different micro-economies. If you isolate these they are booming. For instance. The greater Bay Area for one and the Chengdu / Chongqing consolidated region to name two of them. This type of economic regions have gross domestic products bigger than say the United Kingdom on one hand, and Canada on the other. Breaking up, China into developed and developing regions is quite necessary in order to fully understand the idea of common prosperity and a dual circulation unified market fueled by hukou relaxation and renewed urbanization.

[passby]

2:06 "over capacity" in renewable and green tech is a good thing for humanity, but it upsets the establishment that relies on the patrol dollar to maintain its wealth and hegemony.

[aryaman]

Over capacity in solar is rubbish, fact is we can't get enough.

[hustwangke]

The best analysis about China from US media i saw in months, kudos to Henry

[basque]

Bloomberg, refreshing to hear from somebody with business on the ground, spoken clearly, concise, to the point. More of this, and less think-tankers, commentators pushing narratives please.

[miralu]

Do you see any problems with overproduction of weapons in the United States?🤣

[DanyCesc]

Perhaps is time to rethink our position in Asian, leaving political drama aside growth is the focus and finding new partners is always a positive.

[whitemoon]

We should have more such balanced interview. Good work Bloomberg

[Leoq-zkwt]

Thank you Gordon, you've done a wonderful job, please keep fooling the americans, lol.

[kobej]

Per Gordon Chang, China collapsed every year! 😂

[fffuu]

A breadth of fresh air from all the bad mouthing. 😂

[kamwaichan]

Gordan Chang once quoted, China will not dump the US $. He's so wrong, dumping the US $ is the best thing China has done so far 😂😂😂😂

[BebekGoreng]

Also bloomberg's next podcast : China's economy takes another nosedive.

[WarrenKLiu]

For those who are making comments on fake data or interviewee is making things up obviously doesn’t know what KKR is. In the world of PE funds, KKR is number 2 globally and number 1 is Blackstone. KKR has almost 500 billion AUM. This guy is a division head at KKR and runs their Risk Team. Anyone who’s ever had to raise money or get a loan and bothered to understand the process. The Risk Team is the final step before any proposal is submitted to the credit committee for approval of the deal. It’s his job to know the numbers globally and he would know them better than most people on the planet.

KKR is also HQ in Wall Street, so they are as American Capitalists as they come.