Yukon Huang: Debunking Myths About China's Economy

Not sure why some of yall are so sensitive if it seems China has their **** together or not.

I personally thought petition to central government to remove "local authorities" for corruption as a uniquely Chinese way of thinking, as American it's the exact opposite (appeal to local authorities to fight against oppressive federal).

I have similar thoughts/views of US ability to perform long term planning as we now see with Trump reversing everything Obama did.

Anyways, if the only takeaway that you critics have of the video is that it's just some Chinese propaganda, then I guess there won't be much discussion on the content of the video.

 

I really don't think that half of Americans believe that China is the leading economic power in the world.

 

Right, but that's solely because historically your local government was assigned to your province vs being an elected official who lives there as well.
And then you have those bad officials being moved from a better area to a remote area.

 

Ahh this again.

A bunch of thin skinned Chinese with a deep rooted inferiority complex will white knight and tell everyone how incredible China is..... even though China is light years behind the USA and Western Europe.

It is so predictable.

 

In the 1970's there was a shift post Vietnam to many American's viewing the USSR as the economic power.

In the 1980's there was a shift to many American's viewing Japan as the economic power.

In the early 2000's there was a shift to many American's viewing the EU and Western Europe as the economic power.

It isn't anything new or unique.

 

it's more than that, Morgan Stanley is acting on its extensive research on China,

spending the $/effort to develop financial products, catering to the Chinese nationals,
as well as investors from abroad.​

MS is a publicly traded co in the US, it reports its business results / development on a quarterly basis; you just keep on
monitoring relevant metrics/trends to see how MS is doing in China, such as the # of funds created, AUM data, etc.

Starbucks shares the same economic vision as MS, it announced plans to increase its store count to China to 5,000 by 2021,
which will require opening an average of a dozen stores each week to achieve.

 

ur confused.

WSJ is not acting on its research, which MS has; so too have pubicly-traded co such as GM. TESLA, FORD, VW. YUM / KFC, McDonalds, STARBUCKS, APPLE, BOEING, AirBus, CocaCola, etc.

these publicly-traded co report on their financial results/development on a quarterly basis, so that their shareholder can monitor their financial performance (including their China operations)


WSJ has no stake in the game, ergo, for it, it's just an educated guess..

publicly-traded co above have acted on their extensive research, committing lots of $ towards achieving the economic objective.
their stock price, empoyees' job/ bonus are on the line.

 

don't equate the research conducted by MS with WSJ's

for WSJ, because, they've no stake in the game, it's just an educated guess.

the opposite is true for MS and other publicly-traded co who have acted upon their extensive research on China

 

yet another evidence-free convenient claim by someone who lives in a cave

 

So what?

I don't think that anyone thinks that China is Afghanistan.

It really isn't relevant.

I have lived all over the world, I have several post graduate degrees from very well thought of universities. I have spent substantial time in China, USA, UK and Germany.

Further, the opinion of a thin skinned Chinese nation that has an inferiority complex really doesn't hold much weight. No one is saying that China is going to slip back to the disaster that was Mao's China. However it is a very vulnerable economy with a lot of social/hygiene issues and is not close to being on par with Western Europe, USA or Canada. That may change in 100 years; but it wont anytime soon.

Have fun fighting paper windmills.

 

so what ?

so, despite ur claim of holding several grad degrees.

u've shown that it is beyond ur mental capacity to understand the economic developments in China​

 

The predication on China should not only based on the data, the culture is a more important factor too. There are lots of rich people in China, but many poor people too. China is learning everything from US each day. No one knows the next.

 

name me a country where that is not the case.

 

Switzerland for sure. Some more, but I did not live there before, so I can not be sure.