Comments by "Thomas Rogers" (@thomasrogers9146) on "Why are Chinese consumers spending less?" video.

  1. CHINA HAS 18 TRILLION DOLLARS IN DOMEST SAVINGS ONE OF THE REASON FOR CHINESE SUCCESS IS NOT INVESTMENT FROM THE WEST BUT CHINESE DOMESTIC SAVINGS. THE CHINESE CULTURE VALUES SAVING THAN SPENDING AND THAT IS WHY CHINA IS BRINGING IN 1 TRILLION IN TRADE SURPLUS.
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  2. I WAS IN CHINA A FEW YEARS AGO. THEY CAN AFFORD TO SPEND. THEY NOT STRUGGLEING AS WESTER. MEDIA. ITS JUST ANTHER CHINA BASHING BECAUSE THE WEST CAN NOT ACCEPT CHINA'S ECONOMIC RISE AND POLITICL SUCCESS.
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  3. CHINA IS BEEN CRITICIZED FOR NOT NOT SPENDING AND GETTING INTO. MASSIVE DEBT LIKE US AMERICANS WITH OVER 1 TRILLION IN CREDIT CARD DEBT.
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  4. CHINA CAN NOT OUT COMPETE THE U.S? HAVE YOU BEEN TO CHINA? CHINA IS MORE TECHNOLOGICALLY ADVANCED SOCIETY THAN THE US. A CENTRALLY PLAN ECONOMY HAS LIFTED 850 MILLION CHINA PEOPLE OUT OF POVERY AND HAVE CREATED THE WORLDS LARGEST CONSUMER MARKET AND MIDDLE CLASS.. CURRENTLY CHINA IS LEADING IN 37 OUT OF 44 LEADING TECHNOLOGIES. CHINA IS GOING TO BE CHINA AND HAVE HAD A CENTRAL TOP DOWN APPROACH TO GOVERNMENT FOR THE PAST 5000 YEARS. 97% OF THE CHINESE PEOPLE APPROVE OF THEIR GOVERNMENT. THEY ARE NOT PERFECT BUT THEY ARE NOT EVIL FOR BEEN DIFFERENT.
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  5. THE CHINESE ECONOMY HAS MATURED AND THEY ARE NOW FOCUSED ON HIGH VALUE ADDED MANUFACTURING. CHINA LEADS THE WORLD IN ROBOTS, AUTOMATOMATON AND SMART FACTORIES SEA PORT AND MINES. THE CHINESE ECONOMY DOES NOT NEED AN ARMY OF PEOPLE FOR ITS ECONOMIC GROWTH. THEY HAVE ROBOTS. THIS WILL CAUSE A LOSS OF JOBS. BUT CHINA STILL HAS OVER 20 MILLION JOBS OPENING IN CONSTRUCTION AND INFRASTRUCTURE. 60% OF THEIR POPULATION IS STILL LIVING IN RUAL CHINA. THEY HAVE TONS OF JOBS AS THEIR ECONOMY IS STILL DEVELOPING.
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