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Jerry Kahn
China Update
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Comments by "Jerry Kahn" (@jerrykahn6894) on "China Update" channel.
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China can't make the legacy chips market work for them because they are unable to make those chips without the machines manufactured outside of China itself. They simply do not have the technological knowhow to build those machines. Honestly, if they did, would 6000 of their microchip businesses have closed over the last year or would they have already gone into the legacy chip market and saved themselves.
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Investors are not leaving quickly enough. China is daily becoming more untenable as a profitable choice for investment. every economic indicator is crashing.
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It's not just economic problems, though China seems to be suffering in every element of the economy at present. There is also the Demographics issues: with total population figures being misrepresented; with death tolls form covid and from disasters being misreported; with unemployment figures being under reported; and with poverty rates being outright lied about. Don't forget the disasters that are occurring all over the nation, both natural and manmade, along with the food crisis which is growing daily as food crops are being wiped out everywhere. Take into consideration that China's reputation worldwide is taking a severe blow due to the performance of the Belt and Road Initiative: what with secret high interest/bad repayment terms Loan Deals; Chinese only designs, contracts, employees and supplies deals; withdrawal of financing or work stoppage for not providing China with other favorable economic deals; TOFU construction on jobs that were completed, etc. What else is there? I'm sure I forgot some things. Anyway, do you really think China is NOT collapsing?
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But we can always make an omelette!😂
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And I'll take the -5.2, thank you.😊
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How can Shanghai have a growth rate of 9.7% when it has been turned into a ghost town by the abandonment of foreign business, the shutdown of a major percentage of it's manufacturing base, the closure of untold numbers of small businesses, the decline of it's Real Estate market, it's drop in import and export shipping, and it's desertion of people. I mean really, how much of the CCP's lies are we going to take before we just don't believe them anymore. Oh, its already happened?
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China is on a trajectory to alienate every trade partner it has and to end up not being able to trade with anyone!
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Wrong. Half of China's College Graduates can't find jobs because China doesn't have the High Tech Industry to employ them. Not because there aren't enough of them for the jobs available, you nut.
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I'm sure it's a lot less than that.
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No Chinese backed Startup Company for the Solar Industry should ever be allowed to receive Subsidies from the US Government. That is just the same as subsidizing Chinese Companies in China itself.
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Chinese securities need to be immediately delisted on both US stock exchanges. Besides China Update, everyone should be following China Truths and China Unsensored.😊
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And the fact that a third of their EV cars are being used for subsidy fraud and are just going into EV graveyards to rot or be reused for more fraud.
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What does 5G chip capable phone do for the Chinese Market when the Chinese people don't have access to a 5G network anywhere in the Country? It's already been reported that anyone in China that does get a 5G capable phone has it automatically go to 4G. So what is the use of a 5G phone in China? Huawei is probably lying about the phone's capabilities simply because it doesn't have to prove it actually works.
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C'mon we all know that the real GDP growth was more like -5 to -10 % not a +5.2 %. China's lies are not fooling anyone. This Country is going down hard.
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China's economy is going to be much much worse than Japan's ever got.
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Doesn't live in China. Check out home page, he originates from New Zealand.
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China's economy is going to Crash and Crash Hard. It will crash so hard that it will be impossible for the economy to ever recover. China's Government is trying so hard to hide how bad the economy is tanking but it just doesn't work. Even the Chinese people are realizing just how bad it has gotten as represented by the increase in the unrest and the demonstrations that are increasing in frequency all over the country.
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Ought to redefine that as the twenty most important economies then we could remove China immediately.😁
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If Putin isn't turned over to the World Court by China, then all the Signatories should immediately sanction China.
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China doesn't support the elderly as it is, what makes you think they will when there are more elderly to support in the future that they will give a damn then?
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@jaydee6268 Well, there are always some rats that sink with the ship. I hope your family aren't among those who do.
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@donnamoss9650 is a Chinese Bot.
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If they really crack down on Corruption, the entirety of the CCP will be in Prison. Then the People would have to create a new Government, wouldn't they?
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We need to ARM Taiwan to the teeth. A greatly armed and prepared Taiwan is the best deterrent we could help to provide short of full diplomatic recognition of the sovereignty of the nation.
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Isn't it funny that almost none of the high speed railway China has put into operation since 2016 has proven to be profitable.
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