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Cloud With Wind
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Comments by "Cloud With Wind" (@cloudwithwind574) on "China's Economic Crisis is Getting Much Worse." video.
tips:Chinese people purchase 40% of global luxury goods!
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are you kidding me?
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@dennisweidner288 China's debt is urban investment debt, where cities borrow money from banks and then invest in projects in cities, so that cities can develop rapidly and banks can also earn interest! Do you think the investment debt of Chinese cities is about 60 trillion yuan, which only accounts for about half of China's GDP? Also, this is China's internal debt, not external debt! And the debt of the United States is borrowed from other countries, with a total amount of 34 trillion US dollars, equivalent to 126% of the US GDP! China's internal debt can be regulated through government policies, but the United States can only borrow more debt. These two kinds of debt are totally different!
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@dennisweidner288 You need to watch less fake news. As I mentioned earlier, China's economy is not very good now, but if you have seen trade data from some countries, you will know that the global economic environment is not very good now, so there is no need to worry about China
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