Comments by "D W" (@DW-op7ly) on "China's middle-class sees decrease in confidence as economy faces slowdown" video.

  1. Chinese Central Government won’t do a large scale stimulus Maybe give the economy a little gas but taping the breaks especially in Real Estate is the goal these days That’s because stimulus in 2008 created overheated markets from real estate, under ground economy/shadow banks, commodities, stocks, bonds, back to real estate Where China spent the last 14 years trying to cool these overheated markets in 2010 Plus with real estate crackdown The Chinese Government is pushing its people (who are adding 2.6 trillion a year in wealth to their bank accounts) to invest in the worlds critical technologies of the future Which China already leads in 37 of 44 of these technologies This will no doubt create more bubbles for China in the future
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  2. The USA just bailed out its TooBigTooFail banks twice in the last decade Socialism for the elite Capitalism for the average American
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  3. Back in the late 80s tasked to research China as an investment destination for investment Bank . I stumbled upon the fact that China had a “Go Out Policy” Their people and companies were already going to areas like SE Asia where they dominate the economies of these countries and those countries are dependent on the Chinese economy Even these last few years as China has invested trillions in their belt and road partner countries China exports are up 7.1% for the first few months of 2024 And China still has a 820 billion plus dollar a year trade surplus with the world the last few years Even though their Central Government is cracking down in real estate speculation Slowing down their economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 Just because they are saving their money. Does not mean they are not making that money anymore 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 — Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts
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