Yukon Huang: Debunking Myths About China's Economy

World Affairs
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China’s rapid growth and transition towards a more market-oriented economic system have encouraged spectators to predict massive changes to the Chinese political and social system. However, while growth is slowing, the economy remains sound and the Chinese Communist Party emerged from the 19th Party Congress with its strongest leader in years. What makes experts forecast again and again that China is on the verge of collapse? Yukon Huang, former Country Director for China at the World Bank, cuts through the myths and joins us to discuss his new book, "Cracking the China Conundrum: Why Conventional Economic Wisdom is Wrong." His in-depth analysis explores the varied dynamics at play in China’s economic growth today and sheds light on why so many China watchers have gotten it wrong.
Yukon Huang
Senior Fellow, Asia Program, Carnegie Endowment for International Peace
N. Bruce Pickering
Vice President of Global Programs, Asia Society and Executive Director, Asia Society Northern California, Asia Society
For more information about this event please visit: www.worldaffairs.org/media-library/event/1782
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Website: www.worldaffairs.org



1 дек 2017




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Комментарии 1 109
nick f
nick f 7 дней назад
We cannot trade equally with countries that have virtually slave labor while we have workers that need to pay for a first world lifestyle without a race to the bottom where we will all be dragged down to third world living standards.
Pseudo Prophet
Pseudo Prophet 7 дней назад
This talk was totally rubbish, based on half baked ideas.
ANTHONY PIERRE 13 дней назад
This Chinese is full of shit.......
tsbm9 13 дней назад
yukon huang is the chinese version of tokyo rose. his english is pretty good but the content is pure communist chinese propaganda. huang's idea on asking what the chinese people and the american people think of each other's countries is such a tricky fallacy: the chinese and the americans know so little about the others' country, that the answers are wrong from both sides! nor are the people of the street in china or america experts on those countries' economies. he is trying to lull the american people to sleep. the chinese's greatest strength is deception. the best introductory book for westerners on chinese character should be 'the art of war'. it is but a long list of ruses and deceptions. a better analysis of china can be found here from paul dibb and john lee: ruvid.net/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_AvNT3vyzr0.html
pusserswar 25 дней назад
Hang on a minute. The point should have been that China is under enormous economic pressure from Mr Trump and they are facing a large recession over the long term. China has had a programme of economic domination in place for some time based not on their armies strength but trade. Too many scenarios of their heinous strategy to list here, however, two examples; Infrastructure bribery in the Pacific Island nations and the proclaimed ownership of the whole of the South China Sea. Furthermore, the idea that free trade in its current forms is good for Australia is just a political wet dream. We are the losers worldwide. China banks on this trade weakness in our politicians. Do not be mislead China who has piggybacked on the western economies for the last thirty years is very nervous. They are not used to a leader who stands his ground. Kudos to Mr Trump.
Taylor Lassiter
Taylor Lassiter 26 дней назад
this dude is a total kook. knows nothing whatsoever about economics.
Thogin Ali
Thogin Ali 10 дней назад
Said by a random person in the comment selection with no points being addressed to support their random comment. Come on dude... really...
David Jacobson
David Jacobson Месяц назад
Focusing on the question of what economy is most powerful largely misses the point. China's population is about four times that of the United States. Even if China falls far short of the American standard of living, it is likely to become the world's largest economy. Talk about power really centers on control over technology. Technology in Eastern Asia needs to include Japan, South Korea and Taiwan along with China. That group appears already to have passed Europe by. Its strength in technology is already enough to make the idea of some kind of American monopoly over the control of technology a joke. No doubt Japan, South Korea, and Taiwan would prefer a world where there is some balance of power between the United States and China. But, the image of some Americans where those countries join the United States in some kind of divorce that isolates them from China seems highly unrealistic.
David Jacobson
David Jacobson Месяц назад
Huang comments on American manufacturing jobs are highly misleading and raise a large question about the quality of his opinions. It is true that American manufacturing jobs recovered a little following the 2009 crash. But the facts of the American non farms payroll show that the United States lost almost 30% of its manufacturing jobs between 2000 and 2016. The jobs were largely lost in the two major economic downturns in 2000-2001 and 2008-2009.
Rad Matic
Rad Matic Месяц назад
He lost me with the Climate Cult bullshit. More CO2 is good as would be more warmth, if it were happening.
Lynne Gilham
Lynne Gilham Месяц назад
middle eastern & African laborers are available for Vhina, there's plenty
Ramon Alaniz
Ramon Alaniz Месяц назад
I went to China in 1996 and 1997 and I was most impressed by the level of corruption at China Customs...immediate TURN OFF. For the rest of my stay I tried to remain positive but saw currupt officials elsewhere but like any Tourist I only observed but came away unimpressed
Frank Parinco
Frank Parinco Месяц назад
This Chinese guy is from US, idiot, Dr Huang your the best
Andreas Klein
Andreas Klein Месяц назад
Most of the comments here (especially the replies) doesn't seem from genuine people.
Ethen Huang
Ethen Huang Месяц назад
This guy does not know what he is talking about especially corruption. He is full of BS.
France Howe
France Howe Месяц назад
Since Huang stayed in China quite a while, I have 99% confidence that ccp must have given him a lot of benefit. Otherwise, ccp was a super big fool by its own criteria.
France Howe
France Howe Месяц назад
Basically, every conventional wisdom about China is wrong. I suggest that Huang shall not write book on China, instead he shall rewrite the Economics, which will earn him much more money and fame.
Yanping Wang
Yanping Wang Месяц назад
China‘s booming is due to the diligenceof its people
Devesh Bhosale
Devesh Bhosale Месяц назад
diligence for cheating others is a mystery even I find puzzling....how can one remain consciously intact and still be highly motivated to work while cheating others ?
Yanping Wang
Yanping Wang Месяц назад
America has been used to prey on others . when china becomes strong enough to propose sharing with others, america gets angry
Duong Ly
Duong Ly Месяц назад
Do not mix up communist China with real China. Chinese communists use China to build a criminal global empire that is completely different from real empire of China in the past. Commies hate culture, religion, nationalism... of which China was a perfect objective to destroy. And they did just that through 5 bloody socialist campaigns. The last one killed more than 50 millions people and headed to starving the whole nation, so they swing from Marxist socialist criminal system to the opposite criminal system, Marxist capitalism (do not pretend you do not know what it is, read Karl Marx’s "Das Kapital" to understand it or go to China see it for yourself) which is an economical whorehouse which enslaves one billion Chinese, using foreigner’s corporations money, to profit foreigners and the red bourgeoisie. Why do Chinese commies love foreigners corporations that much? No, commies only use their money and China to destroy the world economy and to steal money so they can arm themselves to the teeth, and their ultimate goal is to destroy the USA. They use cheap labors to steal the USA economy to make the USA weak so that they can attack the USA in 2020. I am very eager waiting for them to attack. The main point is that Chinese commies use China too kill you, DO NOT GET FOOLED BY CHINESE COMMUNISTS BEFORE IT IS TOO LATE.
Tim145Tim145 Месяц назад
China space program, high-speed rails ... all SOEs
staninjapan07 Месяц назад
How many times can one self aggrandizing idiot say... ''In my book..." "Conventional wisdom says..." and "but it's wrong..."? He must have tried to sell his book fifty, sixty, seventy times in this 'interview'. Had to stop listening 3/4 of the way through.
Chief M'Baku
Chief M'Baku Месяц назад
LOOL this is just to make you dumb Americans feel happy and at ease. China is the future whether Trump likes it or not.
Debasish Ray Chawdhuri
Debasish Ray Chawdhuri Месяц назад
India does have a property bubble that has now started to burst. Just because no one talks about it does not mean it's not there. However, the property price in India is not double that of China. Property prices in China are way higher, what he said was a complete lie (or he forgot to apply the currency exchange rate). This does not even take into account the fact that in India, you actually own your share of the land when you buy a property, in China, you only get a 70 lease on the underlying land. We are not even comparing the price of the same thing in here.
Lim chea ting
Lim chea ting Месяц назад
this is a man who really understand China
Arun Месяц назад
Conventional wisdom : Gravity works downwards towards the center of the Earth Yukon Huang : It doesn't work that way in China. The gravity works upwards and people float all over the air
TWO CENTS ARMY Месяц назад
china needs to control there gutter oil industry
Monan Yao
Monan Yao Месяц назад
Yoda, he is!
Jedi solo
Jedi solo Месяц назад
Don't get it wrong the most evil of all is China even more than North Korea. It is the most brutal and dictatorial regime in the world which plays the innocent but they violate every international laws and steal all intellectual properties. Don't get brainwashed by them. People who blame America or Canada are the scumbags licking the ass of the Chinese communist regime. The worst in the world.
Jackie Chung
Jackie Chung Месяц назад
Bull shitting convertion
RickOShay Месяц назад
China will become the biggest economy in the world within the next 4-6 years. That's despite the mainstream US media doing their level best to demonise China. That's the price the US have paid for short term thinking, dependence and greed.
cubecube bean
cubecube bean Месяц назад
myths, propaganda and realities ruvid.net/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-w9hFAlqKmfM.html
Merit Ocrassie
Merit Ocrassie 2 месяца назад
China's cities are too small. In fact, if they were larger they would have less pollution. China doesn't have a corruption problem. Authoritarian governments foster innovation. Social protests and unrest in China strengthen the Communist leadership. The 'All conventional wisdom is wrong' concept has driven this guy mad.
Michael Ahn
Michael Ahn 2 месяца назад
Been living on and off in the small cities in China almost 30 years.. China had changed long ago from keeping low profile to violent hegemon seeker which the world cannot tolerate anymore. Don't listen to a Nazi of China Empire, because it is propaganda. This violent rise of China makes Japan to rearm as a normal nation to be able to attack.
tenzin woiser
tenzin woiser 2 месяца назад
seems to comfort himself in his thoughts by holding his hand consistently like he's nervously payed. no confidence mean no real job
Klink Cannoli
Klink Cannoli 2 месяца назад
Simple is Stupid. Don't be such a simpleton, Huang. Apple doesn't invest in China because they cant as western businesses do all over the world. From the financial perspective and "ownership" perspective. Of which China has no financial bases. Add to the mix, the constant IP law battles with Asian countries, the IP ripp off market in China that's powering their collapsing "Open Source" model concerning their IT investments... all in all, China needs to play nice wit the rest of the western world or go their own with the basket cases of South Asia, Africa and South and Central America. Good effin' luck.
Klink Cannoli
Klink Cannoli 2 месяца назад
Who is this guy? He's absent from the American MSM media or Intelligentsia in a Google search to find any sort of breath. He just appeared. How has he become the expert given his connections to Progressive political influences in America? Given his stance, one may come to the conclusion that he is a spy. Hey, I may be wrong, but as an American, I doubt his authenticity to our Constitution.
Zeek M
Zeek M 2 месяца назад
Chinese economy is tied directly to their cell phones. Target their farms and cell phones.
Jay Zandegiacomo
Jay Zandegiacomo 2 месяца назад
Hmmm. Wonder why he cherry picks his data and moreover manipulates his presented data. For instance: Yes Apple does not have investments in China BUT their largest contractor Qualcom who produces the iPhone does have MASSIVE investments in China. Secondly, by his words, 25 dollars of iPhone construction would likely be 100 dollars or more if produced in USA be cause China has such a lower labor cost, so shouldn't he us costs that it would have been if produced in the USA? He is sounding like a China mouthpiece.
Ann Liu
Ann Liu Месяц назад
Jay Zandegiacomo He is a economist but you are not. Your arguments are invalid and actually unwise if you know economics. He does have points. Edit: he mentioned Foxconn which is same with Qualcomm. However this isn’t direct investments.
GONK GONK 2 месяца назад
The 50 cent Army is here in force, as usual.
Pardeep Tandon
Pardeep Tandon 2 месяца назад
In manufacturing USA can not compete with China on a level playing field. In services USA still has an edge and China will open up its services sector provided USA opens its Labour market and allows Chinese companies to build infrastructure in USA which it sorely needs to build any way.
Pardeep Tandon
Pardeep Tandon 2 месяца назад
Till 2008 China used to keep its surpluses in US treasuries,but after the bust of the housing bubble US started doing QE ( printing money to pay debt ) . This got China worried . So they came up with OBOR projects were in they loan there savings / surplus money to 65 countries to build infrastructure. Most of this infrastructure is build by Chinese companies using Chinese resources and they get better returns on there loans than what US treasuries gave them. On top of it helps them buy political influence in these 65 countries. This has got America worried .... hence the trade war..... as America can not retaliate militarily against China as it did against the oil rich Arab countries to support their inefficient business.
Andy Patterson
Andy Patterson 2 месяца назад
From Number 3 to Number 1economic power in less than 20 years cannot be denied. it is how China has invested its income in improving the lives of its people while the US was number One and now number two has fewer rail links, bus service, growing poverty, lowering nutrition with people buying processed foods, and education standards going down the drain, with growth in drug use, increased medical care, increased credit and financial problems resulting in home foreclosures, is to say something is not right with America that points to throwing the money away by giving the emphasis on handing money out to Pentagon that has always hungered for more wars and a blank check.
Luu Nguyen
Luu Nguyen 2 месяца назад
The deficit part is totally wrong... you run deficit because you are NOT producing and you STILL have something to consume. USA was having surplus while holding global currency reserve. I highly doubt about the foreign investment part a lot.
Maria C.H. Lin
Maria C.H. Lin 2 месяца назад
What happens when the term of 75 years is uae is up.
Maria C.H. Lin
Maria C.H. Lin 2 месяца назад
In China, there is no private land. What are you talking about?
Maria C.H. Lin
Maria C.H. Lin 2 месяца назад
Please tell us which are privare enterprises?
Maria C.H. Lin
Maria C.H. Lin 2 месяца назад
Then, why do the Chinese government prohibits ‘protests’?
Maria C.H. Lin
Maria C.H. Lin 2 месяца назад
When corruption is by officials, how does it get into ‘private’ hands?
norfolk park
norfolk park 2 месяца назад
I don't agree corruption worked for China to create opportunities. Maybe in his context is right. Corrupt practices had cause China to produce inferior and dangerous products such as the infant milk scandal. It is so evil to glorify corruption in China...!
Didivs Ivlianvs
Didivs Ivlianvs 2 месяца назад
China does not need to grow a bigger economy than the United States. China just needs to give North Korea or Iran a nuclear bomb and a missile or 2 to EMP the US and Europe and have North Korea or Iran take all the blame and retaliation because after all they are crazy. The US will die off and disappear. Then China will overwhelm Russia with illegal immigrants and take over the world.
Didivs Ivlianvs
Didivs Ivlianvs 2 месяца назад
China has not transitioned to capitalism. China has temporarily allowed capitalism in order to pay for communism later after defeating its internal and external enemies. It is pure Leninism from what Lenin did in 1921 (Marxism-Leninism), albeit on a much larger scale. Lenin's theoretical justification was that a country that was agrarian and had never had capitalism needed to go through a capitalist phase in order to evolve to socialism. That was because Marx blew it when he thought that capitalist countries would be the first to go communist. Leninism is a patch to communism 2.0. When China goes back to communism after the US is destroyed, they know who all the capitalist-minded people are and will kill them.
Dennis Pfeifer
Dennis Pfeifer 2 месяца назад
More gravey for the brain.
dude handsome
dude handsome 2 месяца назад
Propaganda in English
Douglass-hull 2 месяца назад
Apple's profits aren't in question as much as their technology transfers.
Frank Van Rensburg
Frank Van Rensburg 2 месяца назад
What China needs to do, to stem its unrivaled economic growth, (as the West has done), is to invite Millions upon millions of third world migrants, refugees, or those supposedly searching for a better life, to trash its economy and way of life. But then again I don't think that they are that stupid!
Emerald Justice
Emerald Justice 2 месяца назад
This is true, china wants trade, most dont see this, policy of u.s is messing everything.
Charles Darwin
Charles Darwin 2 месяца назад
Born into slavery as to be the orphans of wealth. en.wikipedia.org/wiki/Global_Slavery_Index
Nigel Wiseman
Nigel Wiseman 2 месяца назад
Wonderful thoughts from a highly informed person.
Alfredo Munio
Alfredo Munio 2 месяца назад
O 2 месяца назад
American's don't want to hear anything positive about China. It's not in their (US) interest. The US wants to brain wash all Americans that no matter what this #1 mentality of arrogance keeps them strong economically and militarily in their mind even though the decline of the American dream and power has started 20+ years ago. Can't blame them. Just the same kind of arrogance and ignorance as the British were during the height of the 19th century... Where they at now... Avg American of middle class are worst off now than 10 yrs ago. More Americans on food stamps today than ever. US debt in the TRILLION. US intervention in the Middle East countries was a complete failure. US Manufacturing? Where? Any manufacturing are all foreign companies in the US and the hourly wage earner are American. Where is the "be proud to be American" then?
Sunny Deng
Sunny Deng 2 месяца назад
What Dr. Huang’s ideas inspire me most is not about re-examining those conventional wisdoms but pointing out that the “Thucydides' Trap” is NOT inevitable, that through more self-reflection 、mutual development and open collaboration, unnecessary conflicts can be avoided and win-win can take the place of win-lose or lose-lose (which is probably where the situation will go based on what’s happening these days). I think that’s the most significant aspiration that both China and US should keep in mind. God bless China. God bless US. And God bless a peaceful and prosperous world!
Patrick McCormack
Patrick McCormack 2 месяца назад
Feet on the ground, ear to the rail track, in and among the people ... talking about it is one thing living it is another. The dudes of ADV China gives their perspective. China "Belt And Road" - Why It Has Failed ruvid.net/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-6Y6MeAOGxt8.html
Tronald Dump
Tronald Dump 2 месяца назад
HIS accent OMG
David Davis
David Davis 2 месяца назад
China isn't some where I'd want to live under the Communist system.
ART DECO 2 месяца назад
AMERICA IS MISS INFORMED !IT IS THE AMERICAN CORPORATIONS THAT MAKE 400/500/1000% Profits ,on CHINA MEID ITEMS !!!Like Nike costs US.7Dollars .IN THE US.YOU CANNOT BUY A NIKE SHOE LESS THAN ,$170 US.who makes the profit ??American Corporations !The same in Canada ,actually +14% ,TAX!HOW CAN YOU BEAT 7000 YEARS OF CIVILIZATION ,ONE BILLION PEOPLE!!
lorraine koretz
lorraine koretz 2 месяца назад
chinese agent
sstchan924 2 месяца назад
Yukon Huang is the kind of teacher I enjoyed the most in college or graduate school. Whatever “silly” or “dumb” questions in class were asked, they were never dismissed outright or dogmatically but rather patiently answered citing known facts and statistics. One can draw a different conclusion which, however, must be fact based.
Shane Reinholdt
Shane Reinholdt 2 месяца назад
Japanese automakers and gov't have yet have yet to allow General Motors to sell tin Japan.
Shane Reinholdt
Shane Reinholdt 2 месяца назад
Alike Japan, China has had wide open Amercan market to sell in while to this day
Shane Reinholdt
Shane Reinholdt 2 месяца назад
Growth rate alone in China doesn't reflect the true economic status health of the economy within the China. Of the Chinese population of 1.1 billion or whatever. nearly 800k chinese citizens live in sub-sarahn african poverty. Stats reveal about half billion; 500k live on $1000 US annually, and another $300k live on $2000 US annually Well not surprisingly weve seen major growth. China cannot survive a trade war.
Shane Reinholdt
Shane Reinholdt 2 месяца назад
I have BA with a focus in accounting and economics. The case study to focus down on is how Japan had its amazing rise and that same conversation was on the lips of economist about Japans rise up into the 90's. Then seemingly it stagnated in its growth and never recovered again to those percentages seen before Japans crash. China has all those indicators and is undoubtely going to see those same economic factors like debt insolvency, wage increase ceiling, etc. But the big sad difference is China and its economic comparison Japan is that it will never reach that same quality of living standards. Why? Japanese corporate loans system begin to see a massive flux of insolvencies and thats because though lots of cash flow was seen moving around but profits made became nonexistent and thus that buffering margin became zero if not even negative. China will face this in the coming years too but unlike a real democrazt capitalist system operatring the loan distribution system. unfortunately many loans had been given through corrupt means and not based on the true economic vality of the many business. So will see this play out and lets get serious no person nor nation can ignore thyose samwe princle talked about by Adam Smith!!! All his reasoning's apply to this day as well as trhey applied then. communist China gave many many loans as favours rather than based on true economic validity of those business. Thus as wages and other cost increase so will shrink profits to very tight happenings. China isnt going to survive As a nation once the economic screws get tight either.... much internal strive will tear it apart.
Yingtong Guo
Yingtong Guo 3 месяца назад
I agree with most of what he’s talking about, but corruption is still not as harmless as he says
james pan
james pan 3 месяца назад
As long as someone is only economic driven... China is a very good place but if you talk about freedom and human rights equally to every people within China not mentioning several ethnic people... You will see the real China run by communist authoritarian and then you will lend up in trouble for 100%sure... I belive morals and economic should walk side by side not upside down
COBAIN JOHN 3 месяца назад
IF he's the leader of China.the country will go boomed
Gog & Magog Killah
Gog & Magog Killah 3 месяца назад
Jeh-Tween Gong
Jeh-Tween Gong 3 месяца назад
Excellent! My 100% agreement on this is expressed more in detail at medium.com/@Tienzen/who-will-be-the-loser-in-the-us-china-trade-war-part-twelve-99412628169e
begotten59 3 месяца назад
Well said Sir Huang!
Jedi solo
Jedi solo 3 месяца назад
You don't need to do business with China, you always loose more than because Chinese deals are a one side deal. They package it as a win win deal but it's double win for China. They fooled the world for decades because the world was too naive. It's time for the world to wake up, starting by the US. Other nations will follow.
cubecube bean
cubecube bean 3 месяца назад
Canadians should well prepare and organize groups with all other countries to go to China for rescuing hostages! Anti-CCP International escalation!!! 加拿大人應該 與所有其他國家 一起準備 和 組織團體 到中國 救出人質! 反共升級國際!!! Go to Ottawa, China Consulate protest first ! ! ! 先去渥太華 中國領事館 大形抗議!!!
James Lee
James Lee 3 месяца назад
It's kind of funny that u guys know all this and yet started a trade war. That's not a game show; that's stupid
Shu Bethune
Shu Bethune 3 месяца назад
Asia Society should notice the most penetrating, breakthrough discovery on word secret from Shu Bethune.
sai vanguru
sai vanguru 3 месяца назад
He can spin words as much as he wants but in a nation where people have no option but to nod for every things party members say. to sound right u just have to be from the party.
Emma Boyd
Emma Boyd 3 месяца назад
Is is not *surprising* (read Shocking) that after leading the World Bank in China, NOW he realised that his own understanding of the country, it’s population & it’s relationship with the US is FLAWED... 🤯🤦‍♂️. Nice work if you can get it. If he’s a shill, it’s probably not for China 😉
silversurfergw 3 месяца назад
All these facts are irrelevant.. America, and not just trump America, knows it can't win with facts. Specially if it wants to win and win again.
scrambo mills
scrambo mills 3 месяца назад
Another apologist for the nightmare chinese state
Gold Moua
Gold Moua 3 месяца назад
china is Devil and Evil to the world..
Sun East
Sun East 3 месяца назад
Thank you, Mr. Huang, You are a genuine economist indeed.
Sun East
Sun East 3 месяца назад
Yukon nailed it right on Trump's head... Win-Lose deals. Just read what Tony Schwartz/Trump's ghostwriter wrote about the humiliation he went through while writing The Art of the Deal for the Donald. www.newyorker.com/magazine/2016/07/25/donald-trumps-ghostwriter-tells-all
Sandra Moses
Sandra Moses 3 месяца назад
The US is a warmongering lawless rogue state. Trump is a low life pathological liar and a little Adolf Hitler while Pence from the fascist Christian Right is a little Joseph Goebbels. Read Chris Hedges book, America the farewell tour and check out his, Joseph Stiglitz and Jeffrey Sachs videos on RUvid. Also read 'How Fascism Works' by Jason Stanley.
Jackie Wu
Jackie Wu 3 месяца назад
Democracy sucks. One man one vote is a joke. While Communists seek social justice and social good, Democracies seek instant gratification of the individuals with total disregard for other. Communist China lifted 800 million people from poverty in the last three decades, a contribution to mankind no other nation in human history has ever come close to matching, whereas Democratic USA has for the same time period have gone all over the world terrorizing, torturing, and murdering millions upon millions of innocent and defenseless Communist and Muslim men, women, and children CIVILIANS for nothing but US greed, vanity, and fear, and putting millions more into poverty, homelessness, hopelessness, and helplessness. Shame on USA !!! Shame on Democracy !!! May the love and the peace of Jesus be with us.
John Gordon
John Gordon 3 месяца назад
watch ruvid.net/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-iJm0ZsvQuAI.html
buzzcrushtrendkill 3 месяца назад
Yukon Huang is simply a CCP mouthpiece. It's all circular logic and double-speak.
Mister Methuselah
Mister Methuselah 3 месяца назад
Chinese propaganda. China is about to implode, which is why Winnie-the-Poo was made president for life and has taken on more repressive authoritarian powers. Accelerated capital flight by wealthy Chinese is sure sign of a coming crackdown. Unoccupied, spit-n-paste cities built overnight are falling apart. China is a scam country and lies about everything, including their GDP numbers. Also developing nations are learning the lessons of Sri Lanka and refusing China's Debt Traps.
P Eidem
P Eidem 4 месяца назад
Nice spin... Bottom line: China does not follow the international rules of trade...or regarding the international commons for that matter...
cynic0000 4 месяца назад
Google his name will make your comments different
mikecar52 4 месяца назад
How would americans know china is corrupt. They won't leave their states.
mikecar52 4 месяца назад
Apple is an immoral company.
Ishan Sharma
Ishan Sharma 4 месяца назад
Damremont18 4 месяца назад
China has a plan and it sticks to it through thick and thin whereas in the US a portion of the society feels that its important to follow a certain trajectory and invest in it only to have someone come of the scene 4 or 8 years later and rip up the whole plan and destroy the efforts of the previous occupant of the seat power. Now its happening all the time. This is enormously destructive. Its one step forward and two steps back and it is also very expensive and nothing gets accomplished ever.
Ianimatestuff 5 месяцев назад
China has never ruled the world and never will.
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