Comments by "" (@thomasherrin6798) on "China’s Economy Facing Multiple Problems in Recovery" video.

@herta3286 China since 2008 has been accumulating non productive debt on subsidising exports and infrastructure investment, including the belt and road, it currently has the biggest debt at 57 Trillion USD total, more than the Wider West combined and other systemic issues!?!
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Well both of you are totally incorrect and obviously listen to communist Propaganda and believe it to be true, but here are the facts; 1) The US is the biggest economy with a quarter of the people, China would have to increase its productivity by six times to be equal. 2) Tawain is also six times more productive than China on average and are correspondingly more wealthy. 3) China Initially was productive in the early decades but from 2008 they have been non productive due to investing in exports with little or no return and investing in non productive infrastructure development, including the belt and road which has left them with 57 Trillion USD total debt, more than the Wider West combined!?!
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Yes, everybody more or less had to manage without China when it had zero COVID so it will be easier to diversify their trade suppliers, also there is further risk with China that it may blackmail you to achieve its political reach, or to achieve its world order, or to start a stupid war, it has threatened to do so, it is like Russia, untrustworthy!?!
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Over the last two decades the US might have had some return on China for the money men but not for the blue collar workers whose jobs were lost for cheap prices and cheap shoddy goods. Under the last decade Xi leadership over China has been creating a bigger balance deficit for the US (Despite agreements to the contrary - Trump) and has increased its military threats and is trying to establish a new world order with China characteristics pulling the strings, so there is no benefit in trading with an incompatible China!?!
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