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Aaron Okeanos
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Comments by "Aaron Okeanos" (@AaronOkeanos) on "China’s economy defies expectations | DW Business" video.
According to whom? And please don't tell me according to their own data. That would be naive.
21
Ironically China now has to fix something which made China superior to western manufacturing ... low labour costs. And by changing that losing the advantage of it and ending up at the same situation like America and Europe. The only way to increase their internal market to let's say EU levels is to raise wealth and distribute wealth among the 99% in form of higher wages, tax credits and/or subsidies something the CCP is not willing to do because the share goes away from the privileged CCP class. Another problem: Leave the big tier-5/4 cities of China just half an hour and you get the feeling you doing a 50 year time travel. The countryside is underdeveloped and poor and China needs to severly uplift these areas to become what China wants to be independent and self-sufficient. You can never achieve this goal 100% anyway because modern society is too technical and too complex to do everything on your own. So you need to open your society to the rest of world again something the current government really not want to do anymore. And with this change new problems come because a larger middle class will want more political say and more freedoms. And opening up to the outside allows sharing of information and creates new wishes, cultural exchanges and more "why can't we have that". It's fascinating to watch actually like a law of nature applied to human society/culture something you cannot avoid like a law of nature.
10
@k.k.c8670 That's bs for two 2 reasons. 1) Chinas baseline data is collected by local governments and send to Bejing. Since noone wants to lose the cushy job or make central government angry bad numbers are lowered and good numbers overreported. 2) All companies in China must have by law CCP representatives. They are the ones collecting the data and sending them to Bejing. And Bejing does everything to not embarrass itself on the world stage. For example data on youth unemployment were stopped last year for obvious reasons and it doesn't stop there.
3
Why is the statistic at 01:15 ending at 2022? Come on DWNews what are you doing?!
3
@adamsaciid4919 Noones. America and Europe has not the access and China is not honest. So you have to be very careful with any estimates and take all with a grain of salt.
2
@pierrescheepens8063 Why because we talk about the current situation and projection of the next years and if you do not have or ignore the 2023/24 data you missing the main problem.
1
You ask a professor at Bejing University? Come on DW when he tells just one thing the CCP dislikes he is deported from China. There is a law in China active which makes disclosing economic data the CCP dislikes as treason and espionage.
1