Hao Hong, partner and chief economist at Grow Investment Group, discusses China’s November economic data dump, saying another cut in banks’ cash reserve ratio may not be “too helpful” at this stage.
Hao Hong, partner and chief economist at Grow Investment Group, discusses China’s November economic data dump, saying another cut in banks’ cash reserve ratio may not be “too helpful” at this stage.
China always does impossible, I’m sure China will find a way. They have survived for 3000-4000 years, this downturn will not let it collapse
Well Europe Caucasian was way older 8,000 years!
@@ssuwandi3240 There is a thing called Europe Caucasian civilization? Do you know what a contiguous civilization even means?
@AB_123_AB keep spinning. Wrong is WRONG, keyboard warriors. Just go post in your beloved Baidu🤚
@@ssuwandi3240 yes this is true. the earliest people. Caucus. I studied it in university
Century of humiliation says otherwise
Don’t match chinese stock market with its economy,okay?Never invest chinese stock.
Yet American stock is over priced. That bubbles is ready to pop this time China will not help. Unlike 2008.
Why would people in China and India waste hard earned $$$ on materialistic garbage when a recession is coming January 20 2025??? LOL
There is no easy way to solve a problem, but I am sure China can innovate ways to solve the problem facing them. In the past, they have mitigated a lot of serious problems, like the environmental pollution, serious corruption and manage to develop their technology, economy,space , health sector in a positive if not outstanding way.
Why don’t the US fix its 36 Trillion debt problems. China will be fine no the to the Americans.
WHAT KIND OF ECONOMIC SYSTEM HAVE WE CREATED AS HUMANS LIVING IN A FINITE WORLD OBSESSED WITH CONSUMPTION AND ENDLESS GROWTH ? WHAT IS WRONG WITH CHINESE PEOPLE HAVING 18 TRILLION DOLLARS IN DOMESTIC SAVINGS AND ENJOYING FINANCIAL PEACE OF MIND? COST OF LIVING IN CHINA IS VERY LOW AND AFFORDABLE. WHAT IS WRONG WITH THAT?
To a certain extent is it good policy for the government to encourage people to spend on products they don’t necessary want or need so company can invest in making products people don’t necessary wan or need. So what if you have a higher GDP number, it is a GDP number prop up by people buying and making products that people don’t necessary want or need. If the Chinese want to be rich their government should encourage their people to make and sell things like EV, solar panels….things that people want and need to the rest of the world. Oh, they are focusing on that we call it overcapacity!