Comments by "Kenz300 x" (@KJSvitko) on "“It’s Not Good” China GDP Forecasts Plunge | Chinese Economy Exposed To EU Protectionist Backlash" video.

  1. 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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  2. Lie, cheat and steal are all too common today. China allows too much corruption. Theft of intellectual property is common. The Chinese government subsidizes their manufacturers. No private company can compete with governments They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. Disinformation is a common tool to divide people and rally supporters. You can not trust any numbers produced by companies or the government from China.
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  3. Xi has killed the "Golden Goose" He has moved the country away from a market economy and back to a planned economy with government owned businesses. Unemployment is rising. Property developers are bankrupt. Banks are running out of money. Local governments are broke. The lockdowns caused many small and medium businesses to go bankrupt. Empty shipping containers are pilling up at the ports. Foreign companies and foreign investors have left for friendlier countries. The risks in China are too high.
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