Comments by "foil hat" (@foilhat1138) on "Could China soon be facing a NATO-like alliance in the Indo-Pacific? | DW News" video.

@ideally6849 Also building artificial islands in other countries EEZ's and preventing their fishermen from fishing on their own territory.
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@hzlh2254 Which one, yours? Say what you want about Russian ineptitude but they are at least food and energy independent. The same sanctions on China and they would deindustrialize and starve in 6 months.
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@hzlh2254 You realize Russia has multiple failed offensives so far in the war right? Not sure why you are bringing that up though. China is already maxed out on food imports, and are dependent on fertilizer imports. This doesn't even get into fuel. I can tell you have a very shallow understanding of things.
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@binbi8177 China's real estate market is collapsing (30% of their economy) Exports is collapsing (20% of their economy) Internal consumption is way down. China has been dumping steel at a loss and is only able to continue due to massive government subsidies. Manufacturing has moved to India, Mexico Vietnam. Even the US is going through the fastest industrialization in its history, including WW2. Li Keqiang, head of the Communist Party in northeastern Liaoning province at the time said China's GDP figures are "man-made" and therefore unreliable. He Keng, former deputy head of the statistics bureau said housing in China might be overbuilt by 300%. and most of that is 'tofu dreg' construction that is never meant to be lived in, the entire thing is just a scam to keep steel and concrete production up. Chinese people are paying mortgages on them though going into massive debt. In 2022 China had a higher GDP to debt load than the US by over 40%, and its still classified as a developing country, they aren't even rich yet. US GDP per capita is 80,412.41. while its only 18187.98 US dollars in 2022, when adjusted by purchasing power parity in China. (and according the China the GDP numbers are made up so who know's what it actually is) Youth unemployment is around 40%, its so bad they cant even make up numbers to make it look reasonable like they do with GDP so they stopped counting it. Oh and their rockets are full of water instead of rocket fuel. But sure, China is booming just ask them.
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@KevinQu They dont produce near enough for domestic consumption. Moreover the only reason they can produce so much is they are dependent on fertilizer imports.
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@hzlh2254 I brought up Russia as an example of another country that his heavily sanctioned. then you chime in with the brilliant 'hur dur how about that counteroffensive'. Moreover if you think Sanctions aren't having an effect on Russia then why do they constantly complain about them? Russian hydrocarbon revenue is down around 70% since the start of the war. Russia had to suspend the export of refined product because of shortages and price hikes in Russia. They've been forced to sell oil at a loss to China and India and are being forced to take Rupees and Yuan, which are useless for anything except investing in China and India. The Ruble is in the toilet, and would have fallen off the chart completely if not or strict monetary policy. All Russian corporations were forced to sell off their foreign reserve and buy Rubles to prop it up, this is a thing you can only do once. Interest rates are at a punishing 15% and rising to help stop inflation, it isn't working. Utilities are failing , even in the Moscow region people are left freezing in their own homes. And for the first time since the 90's there are food lines in some areas in Russia. Russia has the privilege of being one of the few countries on Earth where you can buy individual eggs. Russia is doing fairly well though all things considered. China is far more connected and dependent on the global market. Go ask a grown up how the global system works.
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@ajaykumarsingh702 Most of China's industrial prowess goes towards building garbage buildings that will never be lived in just to artificially pump up their GDP. And No China comes nowhere close to the US in consumption, most Chinese live on less than 400$ a month. Internal consumption is way down, this is from the CCP's own numbers, which are massaged to make things look as good as possible. And thanks to one child and ultra fast urbanization China has the worst demographics in human history.
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@abdusalamolamide These are all numbers reported from the CCP. And they cook the books to try and make everything look as good as possible, by their own admission.
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@davenobody407 Let me know when Taiwan starts building articial islands in other countries EEZ's and starts fishing in them and preventing other countries from fishing in their own territory.
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@TheKkpop1 Do you think there are IMF secret agents who investigate stuff like that? China self reports it cooked numbers and th IMF takes them at face value.
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@TheKkpop1 imf and wb take china's numbers at face value. Is this one ok yt?
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@TheKkpop1 No China is, they report how great they are and are taken at face value. There aren't investigation teams from the imf and wb who infiltrate countries governments. This is a fact like it or not, China itself has said their gdp reports aren't reliable.
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@TheKkpop1 Do you really think there are top secret agents they send in to confirm every countries self reporting?
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@TheKkpop1 no there aren't wb detective teams that go around confirming countries self reported numbers. Sorry.
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@TheKkpop1 You have no idea what you are talking about.
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@TheKkpop1 Hey maybe when you are a grown up you can join one of the famous imf/wb investigation squads.
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@TheKkpop1 What part of this is difficult to understand? China, and every other country generates their own number and submits it to the imf/wb. The imf/wb dont do an investigating of their own, they just take whatever numbers they are givin to be true. China itself admits that its gdp numbers are unreliable. Understand?
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@davenobody407 Just because you make stuff up doesn't mean its real.
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