Comments by "Kenz300 x" (@KJSvitko) on "China Update" channel.

  1. China is concerned about a ban of Tik Tok but forcing Google, Facebook and other US tec companies out of China was OK. China wants to export electric vehicles to US and Europe but US and European car makers were forced to have a Chinese partner to sell cars in China.  China should be treated the same way they treat trade from other countries.
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  2. China's economy will further decline in 2024. There will be stock loses. Bond loses, more property developer bankruptcies, more retail store closings, more bank bankruptcies, more local governments going broke and more unemployment. China has not hit the bottom yet. More pain to come.
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  3. Maybe Europe and the USA should require Chinese car companies to have a European or American partner to gain access to the market. That is what China did to all other auto makers. China should be treated the same way they treated companies coming into their market. China has huge import fees for Foreign auto makers. Europe and USA should do the same to Chinese auto makers.
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  4. China's economy will continue to decline. Unemployment will continue to rise.  Housing prices will continue to fall. Foreign investors will continue to leave. Retail shops will continue to close.
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  5. There is no economic activity when the city is locked down. Many small and medium businesses will go broke and employees will have no income. Freedom of movement and freedom of speech are under appreciated until they are taken away.
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  6. China is in a recession. 0% growth. 0% GDP
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  7. Maybe Europe and the USA should require Chinese car companies to have a European or American partner to gain access to the market. That is what China did to all other auto makers. China should be treated the same way they treated companies coming into their market. China has huge import fees for Foreign auto makers. Europe and USA should do the same to Chinese auto makers.
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  8. There is no economic activity when the city is locked down. Many small and medium businesses will go broke and employees will have no income. Freedom of movement and freedom of speech are under appreciated until they are taken away.
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  9. China's economy is in slow decline. The virus lock downs will speed it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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  10. Maybe Europe and the USA should require Chinese car companies to have a European or American partner to gain access to the market. That is what China did to all other auto makers. China should be treated the same way they treated companies coming into their market. China has huge import fees for Foreign auto makers. Europe and USA should do the same to Chinese auto makers.
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  11. The market rally will lead experienced investors to cash out and reduce their loses. Smaller inexperienced investors will lose their money.
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  12. Bullies need to be stopped. There are too many insensitive, uncaring bullies in the world. Morals, ethics, compassion and empathy are needed for society to function.
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  13. Maybe Europe and the USA should require Chinese car companies to have a European or American partner to gain access to the market. That is what China did to all other auto makers. China should be treated the same way they treated companies coming into their market. China has huge import fees for Foreign auto makers. Europe and USA should do the same to Chinese auto makers. China has an industrial policy and subsidize their manufacturers. European and American companies can not compete on price when their competitors from China have huge subsidizes. They are trying to under cut European and American businesses and take market share. China does not believe in fair trade.
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  14. China's economy is in slow decline. The virus lock downs will speed it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending. Will the number reflect this decline or will they "ADJUSTED" to reflect what the leaders want to see.
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  15. China's economy is shrinking. Negative growth.
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  16. The economy in China is in decline. There are better places to invest.
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  17. Foreign corporations and foreign investors need to consider the risks of doing business in China. There are less risky places to invest. It is time to divest from China. India, Thailand, Vietnam, Indonesia, Mexico, Canada and the USA are better places to invest. China is no longer the manufacturer of the world. Xi has moved China away from a market economy and back to a planned economy with mainly state owned enterprises. China has become hostile toward its people, it neighbors and the rest of the world. The wolf warrior policy is destructive. Xi has killed the "Golden Goose". The next five years will finish the job of destroying the economy.
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  18. China's economy is in decline. They have moved away from a market economy and have reduced personal freedoms. Current reports are that foreign investors are having trouble getting their money out of China.
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  19. Europe and the US need to diversify their supply chains away from China. Taiwan needs to move some production sources to other parts of the world.
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  20. Too little too late. The economy will continue to decline.
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  21. China will no longer be the worlds manufacturer. There are better and safer places to invest. Companies and investors will move to India, Thailand, Indonesia, Vietnam, Mexico, Canada and the USA.
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  22. Many foreign companies are leaving China or at least reducing their reliance on China. Apple has been talking about reducing dependency on China and bringing jobs back to North America for years and has not done anything except talk. Apple has not learned the lesson of not putting all your eggs in one basket. Relying on China for more than a small portion of goods and services is a huge risk for companies and investors. The risks to Apple are high.
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  23. Off shoring and long supply chains are risky for companies and countries. Russia and China have become too aggressive with their neighbors. This will not end well.
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  24. China's economy is in decline. Property developers are bankrupt impacting banks, suppliers, customers, bond holders and local governments. The virus lockdowns are stirring unrest among the population in lock down. China does not need to be aggressive to make a point.
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  25. There is no economic activity when the city is locked down. Many small and medium businesses will go broke and employees will have no income. Freedom of movement and freedom of speech are under appreciated until they are taken away.
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  26. Maybe India, Europe and the USA should require Chinese car companies to have a European or American partner to gain access to the market. That is what China did to all other auto makers. China should be treated the same way they treated companies coming into their market. China has huge import fees for Foreign auto makers. India, Europe and USA should do the same to Chinese auto makers.
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  27. Parents and teachers stopped teaching children the "golden rule" 40 years ago and now honesty and caring for others keeps declining. Celebrating the death of a person is cruel and disrespectful. This shows how society has declined.
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  28. The virus policy will have a huge financial cost.
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  29. Foreign investors and corporations need to divest from China. There are much better and safer countries to invest in. India, Mexico, Canada,Thailand and Vietnam are all seeing increased investments.
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  30. Companies that have gone out of business do not fill out surveys. The unemployment rates and business declines are not accurately reflected.
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  31. There are too many insensitive, uncaring bullies in the world. Morals, ethics, compassion and empathy are needed for society to function.
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  32. The number of different problems in China is too large to ignore. Failing property developers, hIgh youth unemployment, increasing censorship, small business bankruptcies, local governments debts will lead to bankruptcy, increasing extreme weather events caused by climate change, pension system failing, health care system bankrupt.
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  33. China does not want its people looking into its own discharge of waste water from its nuclear power plants. China has shown little regard for the environment in its own country.
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  34. Property developers collapse will impact the over all economy. Customers, employees, suppliers, bond holders, local banks and local governments are all being squeezed. This will ripple thru the whole economy causing high unemployment and small business bankruptcies.
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  35. China is in a recession. Deflation is everywhere. Unemployment is rising. Corruption is everywhere.
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  36. Foreign companies and foreign investors need to get out while they can before suffering more losses. There are many less risky places to invest. China's economy is in decline. Xi has killed the golden goose. China's reign as the worlds manufacturer has ended.
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  37. 5.5% GPD is not possible without false numbers. The virus lock down and developers collapse will have a huge impact on the economy.
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  38. The government propping up the stock market means that the valuations of the market are being manipulated by the Chinese government. Smart investors will use this as an opportunity to get their money out.
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  39. Lie, cheat and steal is all too common today. Greed and selfishness is every where. You can not trust people, businesses, or government to be honest and truthful. Parents and teachers stopped teaching children the "golden rule" 40 years ago and now honesty and caring for others keeps declining. Society and business can not function if no one can be trusted to tell the truth.
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  40. Bond holders, investors and companies are relocating assets from China to other countries.
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  41. It is a bankrupt economic model.
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  42. Property development is out of balance. It will take a decade before supply and demand come back into balance. No NEW developments need to be started. Unfinished developments need to be finished before any new developments start. Poorly constructed buildings need to be torn down.. Local governments need to buy some developments and turn them into low income housing.
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  43. Aggressive behavior against its people and neighbors will speed up the decline of the economy.
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  44. The housing crisis will ripple thru out the economy.
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  45. China's economy is in slow decline. The virus lock downs will speed it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending. This will end up impacting the world economy and the US. China will try to spend its way out of its decline with government stimulus and that will reduce prices of goods produced in China and shipped around the world. Inflation will decline. China is the worlds second largest economy. A slow down in China will slow demand for energy. Steel production has declined and companies are going bankrupt because of the property developers stopped projects all over the country. The property developers collapse will ripple thru out the economy. Lock downs will make it worse. Individuals, corporations, bond holders and investors are leaving China. The ruffled feathers about Taiwan are meant to stir up people and have them rally around the CPP and China. They need to distract people from all the economic problems in China.
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  46. In 2021 and 2022 China exported inflation because of their lock downs, supply chain disruptions and excessive personal and business restrictions. The policies of the last 10 years have moved the economy away from market forces and back to a restrictive, planned economy with state owned enterprises. China is now seeing the impact of those policies. Soon they will be exporting deflation. Companies, foreign governments and investors need to de-risk from China.
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  47. Foreign investors need to get their money out before it is too late.
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  48. A population decline is a good thing. Population needs to be in balance with jobs, resources, nature and the environment. The unemployment rate of 16 - 24 year olds is over 20%. Unemployed people do not buy homes, buy cars or get married.
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  49. Property developers need to stop adding more NEW buildings to their inventory. They need to FINISH all the empty ZOMBIE buildings first. Customers need to get the apartments they have already bought. No money should be spent on buying new property or new developments. Farm lands should not be sold to developers. There is a farming crisis.
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  50. The worst of the housing crisis is not over. Rolling over old debt and replacing it with new debt does not make the problem go away. There are too many excess housing projects and the prices are too high and need to fall to attract buyers.
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