Comments by "Kam sun Leong" (@kamsunleong6648) on "How reliable is China's economic data? | DW Business" video.

  1. If the GDP is man made since way back in 2007, explain how in the world did they manage to develop and compete toe to toe with US in almost every industry. I have been to China on many occasions. A picture is worth a thousand words. Seeing is believing. Most China experts do not speak the language or have ever been to China. Why do you think all their predictions of China imminent collapse since the nineties, have fallen flat on their faces. They dont know what they are talking. They sound impressive like this gentleman. That's all.
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  2. The point of BRI is not to build other countries into a major labour supply source. Here in zIndobesia we just got our high speed rail up and running, thanks to the Chinese engineers. This 143 km line connects our capital Jakarta with Bandung. A typical trip will take at least 3.5 hrs through congested roads. Now it's a quick 45 minutes. Since it started operations back in Oct last year, the response has been overwhelming, with daily ridership reaching 90% capacity. The authorities have to increase the daily trip frequency to cope with demand. We called the train " Whoosh". A much welcome addition to our transport options. Really helps to take many vehicles off the streets of Jakarta and reduce our air pollution. Our city unfortunately is one of the most polluted in Asia. Indonesia is hhe first among Asean to have this marvel. Even before US. Imagine.
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  3. Cant afford to retire. That applies to most countries including mine. It's not unique to China alone.
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  4. Now he should explain what's going on with the German economy. Why it's going down the tube.
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  5. He is just earning his keep. If he sounds too positive about China, he may not get invited back. The more negative he sounds the better his prospects of getting referred to other news channels. They just want to hear bad news period. He must have learned this from that renowned China expert Gordon Chang. He is a regular feature on US news networks. Highly regarded for his reading of the Chinese economy. Nevermind that he has been wrong on many occasions.
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  6. They dont waste billions sponsoring warfronts. That's a huge saving.
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  7. Many countries boycott their products? Can you name some of them? Even India who would love not to buy anything Chinese, is importing close to 9 billion dollars a month from China last year . VW have also invested close to 1 billon dollar to move their ev production fyom Germany to Hefei China. BRICS just expanded by another 5 new members. More are expected to join this year. It's not secret that China is the main driver in this group. True that low value factories like toys and shoes industries have moved to countries with cheaper labor cost. This is a normal progression of a country going up the economic value chain. No one wants to make toys forever. The more educated the workforce becomes the higher their expectations will be. This is all very basic stuff. You are just repeating what everyone else is repeating what everyone else is.......
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  8. Same stale talking points. Because they sound cool. Just like all those China experts who were convinced their economy would collapse back in the nineties.
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  9. ​ @buildmotosykletist1987  It is. Which is why their corporations sent the strongest ever delegation to the China Intl Trade Expo in Shanghai late last year, despite trade tensions.
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  10. Most stock markets are like that. Including mine.
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  11. Analysts are a dime a dozen. We need more hands-on experts who not just cam talk impressively but can also make things happen and keep the wheels of industry turning. I doubt he knows how to replace a light bulb.
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  12. They have 5 G, quantum computers, super computers, that are among the fastest in the world. Don't compare a lightweight that still does not have stable internet beyond your cities, with a superpower.
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  13. Then why are you using your phone
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  14. ​ MikeJones50911  Someone has a 34 trillion dollar debt and growing. Someone also send Grandma Yellen to Beijing to convince them to buy more of her worthless bonds. Before the next government shutdown.
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  15. Why? You are using one right now
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  16. The real problem is not too much housing but not enough affordable housing. People in China don't normally live in tents on city streets or in their cars in Walmart car parks.
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  17. He doesnt know what he's talking. Like most China experts, they are a dime a dozen. Despite trade tensions US businesses sent the strongest ever delegation late last year to Shanghai for the China International Trade Expo. While 500 European firms took part. VW recently invested more than a billion dollars and shifted their ev production from Germany to Hefei China. They know that's where the action and future of ev are. Risk staying at home and die a slow death. No leader in his right mind will leave the entire economy to be run by the state.
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  18. Tell him to get a regular job. Instead of leeching off the Chinese tourists.
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  19. ​ @tdawg5742 West is so good at services because the present generation is no longer interested in blue collar jobs. Don't pay well enough . Unlike services. Just check the composition of stem graduates in your ivy league and tell me where most of them come from.
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  20. ​ @Liboch Finally someone with some common sense and see things as they are. And yes, where I am from, there were no Chinese ev on the road till they start to appear early last year. Now they are everywhere. I have never been to China till end 2019. What I saw in their mega cities makes me wonder how a bunch of so called commies could do all this less than 40 years. Had my first experience travelling in their high speed train. A piece of engineering marvel I would say. Fast, smooth and quiet almost without any vibration, even when moving at 350kmph.
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  21. So go ahead and probe and do some forensic audit of their data. Easy to say is cooked but can't back it up with anything else. Other than quoting the same talking points everyone else who doesn't have a clue either, is using.
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  22. Typical high school quality conclusion. "They are in a recession. Every major sector is in contraction." Wow! But nothing to back up this sweeping statement.
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  23. Another dime a dozen China expert.
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  24. Dime a dozen China expert
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  25. ​@allensadicario5196 Huge loss. Just refuse to admit. Just ask your high end luxury retailers. They will tell you
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  26. As an economics professor? Yes
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  27. ​ @marczapatos2229 Do what US does. Keep printing greenbacks. More practical.
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  28. They are always good talkers. That's why the uninformed are easily convinced.
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  29. German economy must be doing extremely well. They are more concern about another country.
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  30. ​ @buildmotosykletist1987  America gets out of a tight spot and by printing non stop. Whenever there is a threat of a government shutdown. 34 trillion dollar debt and growing does not sound everything is fine and dandy. Their reserve currency status saves them for the time being. The more they weaponise their dollar the more others will dedollarise. Like what's happening now with Brics. So who knows who will go down first. Each has its own weakness and strengths.
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  31. ​ @buildmotosykletist1987  US get themselves out of a tight spot by non stop printing. A 34 trillion dollar debt and growing means they are spending far more than they collect in revenue. Government shutdown, whenever their credit ceiling is about to be breached, will a regular feature. They are safe for the time being because of the dollar reserve currency status. But the more they weaponise it, the more the other countries will push for dedollarisation. Which is what Brics are moving towards. SArabia and UAE have just joined and I can expect more oil deals being done in Brics countries own currencies. Which has already happened. Petrodollar supremacy will gradually diminished. But who knows who will go down first. Both have their own strengths and weaknesses. May the best mam wins.
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  32. Another 5 years? China experts have been predicting their demise since their nineties. One expert wrote a best sellers book and put a definitive date of 2001 as the year of collapse. More 2 decades have since passed. This expert is still highly regarded and sort after for the next definitive date.
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  33. ​ @sps6 source: because I said so.
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  34. You must be working in one of these power plants. Right?
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