Comments by "" (@thomasherrin6798) on "Chinese Economy: Just How Bad Is It? | US-China: Politics, Business \u0026 National Security Raids" video.

CCP China under Xi is ideologically driven and he is a good Autocratic politician (There are no rivals to him in the CCP, they have been jailed or "killed"), but a very bad leader, they are under the impression that China is indispensable (Like Russia for energy) but when the price is to high the alternatives are bought into play, and they are very much dispensable, they were only used as they, at the time, were the cheapest option, something Xi is finding out, but ever so slowly!?!
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It does deter foreign investment however, so while they say they are open for business, they are in their action's, putting the shutters up!?!
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Tony should just stick to quotes from the widely available media, that's what we want to hear and it won't get him into any trouble. We wouldn't mind hearing his viewpoint if and when he leaves China for a more democratic country, I understand his frustration in today's episode, but he has to remember his situation, stay safe Tony!?!
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CCP diplomatic China tells Yellen China is "Open for business", Yellen broadcasts China's message. CCP actions to three US due diligence companies offices is to raid them under the new "Security" law, the Companies will most probably cease to work in China, Yellan broadcasts nothing. Appeasing China will not work you must fight fire with fire, each of their actions must be applied in the US and Europe. China is only open to money it can get from you it will control it and it is therefore investible, it has been since Xi took office, anyone who invests in China from the West at this stage is a fool and the top one is Elon Musk, but then again he bought Twitter!?!
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@KJSvitko Yes there is far too much leeway for China, all the restrictions they put on us should be put on them, and yes tariffs are better than having spying Chinese companies in your country!?!
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Yes anybody who believes China is at the vanguard if renewable energy is going to be sadly disappointed, we are trying to get "just stop oil" from the UK to go there and protest but to no avail, even though they are the biggest polluters with 29% and the UK will be 0.5% by 2030's, Europe will be the first continent to be majorly renewable and it will be a long time before any other continent will catch up. China subsidises renewable energy manufacture mostly for export, and it keeps the price down for the foreign buyers, their solar panels seem to be manufactured reasonably well but not so their EV's and nobody in the West will want to buy a EV with problems (Even China's EV's are not in the Cheap range), as they should have an idea that they won't get their money back!?!
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Construction accidents happen all over the World but China, in particular, has a bad track record in this sector, and the investigations seem to favour the construction company which may or may not have "links" with the CCP, therefore these sort of incidents will not reduce but it is tragic when children, in particular are involved, it won't worry the CCP much though, unfortunately!?!
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It is bad that they can hide it behind imaginary reports but only mugs are buying it, talking of Elon Musk he's the one who also bought Twitter as well as a mega factory in China!?!
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Maybe too late by then, change is happening at pace, maybe not the right changes but they will be tinkered with over a longer time, but immediate change without China!?!
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Yes compelling Chinese citizens to throw good money after bad is a unusual way (But I suppose entirely within their doctrine "My money is my money and their money is my money") for the CCP to "right" the property market, I'm sure they will all go for that one. It used to be an investment vehicle for ordinary citizens when like a Ponzi scheme it kept on giving high returns and for a long period, but this has worsened the crash, when Evergrande got into difficulties, the Ponzi scheme does not work anymore as it is not a good vehicle for investment and the demographics means China is not requiring so much housing stock. The housing sector has to change by mortgages being paid when the property is completed, if the property is sub standard no purchase, the property prices need to adjust to the new normal which is an average of over 50% (Downwards that is) overall, in some areas it will be higher and lower, the Zombie property companies must be collapsed and their remaining assets must be used to correct unfinished properties along with government stimulus, including Evergrande, delay is just costing more and causing more problems, but it most probably will be delayed by the CCP as it would rather pick daisies than admit it has a problem, even though "everyone" knows it has!?!
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