The End of China Inc? | 101 East

  • Am Vor 3 years

    Al Jazeera EnglishAl Jazeera English

    Dauer: 25:21

    There's a magic formula to becoming a millionaire in China - borrow big to earn big.
    For years, individuals, state-owned companies and municipalities have taken massive loans to chase the Chinese dream.
    Now it's payback time, but a severe economic slowdown means many are struggling to pay their debts.
    101 East asks, is this the end of China Inc?
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Anne Pham
Anne Pham

GOD PUNISH ........EVIL CHINA CCP FACES THE CONSEQUENCES ...HAHAHA ...STOLE US INTEL PROPERTIES , PRISONNERS/PEOPLE LABOR ABUSE , SUPPRESS FREEDOM TO PEOPLE .........ETC

Vor 14 Stunden
ChicagoTurtle1
ChicagoTurtle1

Based on my understanding of my Chinese friends and their extended families, these projects are business ideas led primarily by very rich people and they use their political connections to get the government support. The real face of Chinese economics isn’t entirely communist.

Vor 22 Stunden
wenwei su
wenwei su

the CCP could quash protests within mainland china but not in hongkong. the protests in hongkong, although it was sparked off by a proposed extradition bill with china, has to be something more because the frustrations of hongkongers has not quelled by the eventual withdrawal of the proposed extradition bill. they are partly an indicator that hongkong and china's economies are beginning to falter and are unable to support the living conditions of the ordinary people. the CCP will do well to listen to hongkongers instead of thinking of quashing them. that is why there is a mismatch between the communist and the democratic mindsets and political practices, which is another reason for the protests.

Vor Tag
wenwei su
wenwei su

instead the CCP should have redeveloped existing old urban centers the way guangzhou (canton) has redeveloped. having said that, it is admirable all the imaginative and innovative architecture. all this over supply, it will come back to huant the CCP. it is a bubble waiting to burst. just like the crisis in east and southeast asia back in 1997. fortunately now, the empty buildings in bangkok for example are occupied.

Vor Tag
harry viking
harry viking

CHINA....a monster on clay feet!!

Vor Tag
Ancient Blind
Ancient Blind

This is an example of playing City Ville or related games, building a city, in the end you cannot maintain the construction of what you wish to exist, and because money, time , and especially neighbor (players) are not available.

Vor Tag
David Taylor
David Taylor

China lifted 600 mil. people out of poverty? Yet another journalist has fallen for the CCP propaganda. According to the World Health Org., the definition of poverty is (equiv.) $1.65/day. The Chinese Communist Party is proud to have "lifted" them to (avg.) $2.35/day. By most measures of 'poverty' this is NOT progress while the CCP party 'big shots' reel in bribes and enjoy millions of unreported 'dollars'.

Vor Tag
Soju Dekaron
Soju Dekaron

Chinese communist pigs party are the one thats ruined China.. chinese ppl should over throw their shitti government then let ppl vote and free of speech. Not alot ppl around the world know how communist government works but only ppl that lived in it knew.

Vor Tag
Tolan Brown
Tolan Brown

The CCP realizes that employed people don't go on long marches (the way Mao came to power). So they just keep building...and building...and building.... It's a house of cards.

Vor 2 Tage
The Duke 71000 71000
The Duke 71000 71000

China was a poverty struck Third World country until not very long ago. The fundamental problem is that Third World ignorance, is not dissipated, by simply copying the visual aspects of "The West", to try and present the lie that China is suddenly a modern State. Hence those in power have no concept or mental understanding of the disaster that will ensue when the money finally dries up. The problem is that when China crashes, the disaster will NOT be confined within China, and it will trigger at the very least a massive World slump. Be prepared !

Vor 2 Tage
Abstract Art
Abstract Art

i pray for the miners

Vor 2 Tage
fabribeijing
fabribeijing

the wishful thinking of AL Jazeera, now turned into a full propaganda tool for the West. China has been described as an economy in decline for decades. Still there and taking over US. Taxi drivers in Beijing are not what I consider experts on Economy.

Vor 2 Tage
Seetoh Cw
Seetoh Cw

your background music is too loud

Vor 2 Tage
troy ma
troy ma

I live in a “ghost” city in new Lanzhou city ,that’s beautiful ,and more and more people,college come here,it is a new life of Lanzhou,and we will rebuild old Lanzhou city too because more and more people move to city from country.

Vor 2 Tage
S500 Triumph
S500 Triumph

it is not a bad idea to screw the Saudis without vaseline

Vor 2 Tage
Thanasis Raptis
Thanasis Raptis

what year, when was the video made?

Vor 2 Tage
Xeyon Yu
Xeyon Yu

工会的理性活动和民选基层政府对于这些问题的解决是必须的。Rational action by regulated labor unions and elected basic-level governments are vitally essential to those issues.

Vor 3 Tage
Crazy Asian
Crazy Asian

Isn’t it a bit dangerous to show their face.

Vor 3 Tage
Son of God
Son of God

No .! Because most Chinese look same and have similar Names too 😂

Vor Tag
Crazy Asian
Crazy Asian

My family live in shanghai and the number of useless buildings there are countless, my mother’s company actually worked on some of them, but they were never sold.

Vor 3 Tage
Marianne Pompa
Marianne Pompa

Bunkum ...

Vor 3 Tage
mattroski007
mattroski007

This is the story of all communist societies. Death and hunger, human misery gifted by the tyrannical fat slobs.

Vor 3 Tage
Aman Raj
Aman Raj

I really don't feel anything for these people, they should've supported the democratic party which was thrown out of the country by the communists, the people supported communist regime and now they're paying the price.

Vor 3 Tage
peter gho
peter gho

is india better than china ?...

Vor 3 Tage
Seumateu Tongsin
Seumateu Tongsin

This video has been tried to get hack by chine PLA .50 cent Army over and over to cover up chineese communist thieves phantom economy. Please like and share to every corners of the planet to re eal the true nature of the communist thieves chinese.

Vor 3 Tage
Medic Jay
Medic Jay

How is any of that Communism? If China was really communist. Wouldn't they just ship people to those cities?

Vor 3 Tage
mattroski007
mattroski007

You stupid? Go read a book.

Vor 3 Tage
The New MoezMedia
The New MoezMedia

When you forget to connect the electrical line in Sim City (or City Skylines)

Vor 3 Tage
Thomas Ho
Thomas Ho

This report about a few years ago If Chinas economy As you guys said Then why Trump take the chance of their own economy could be declined and still want to find a trade war with ChinaTo stop down growing that’s why I said there’s a fake news a propaganda

Vor 3 Tage
Kenyi Francis
Kenyi Francis

China has debt issue talk sense is the debt of Chinese large than that of the U S $22 trillion dollars and the economy of the U S is $17 trillion that means it is -$5 trillion

Vor 4 Tage
Ella Liban
Ella Liban

Noal

Vor 4 Tage
vasile Cojocaru
vasile Cojocaru

This new city made in China was beald for new camers , but some how they change there's mind, becoming a gost city, but stil can be use for the Chinese people.

Vor 4 Tage
NutLover360
NutLover360

Communists are not your friends

Vor 4 Tage
pokenei
pokenei

It's still better America which wasted more money on bombs and weapons every year. At least with these buildings, it will sit there until some day there is a demand for it. There's many ghost cities like this that are already populated.

Vor 4 Tage
Military News and Updates
Military News and Updates

karma

Vor 4 Tage
Kien Hong Ng
Kien Hong Ng

Bull shits.

Vor 4 Tage
Thianro Uklian
Thianro Uklian

City of Ottawa, Canada has a $2 Billions debt.

Vor 4 Tage
NutLover360
NutLover360

Yea but we don’t live on 100 dollars a month

Vor 4 Tage
Darry
Darry

its always the poor workers who get shafted.

Vor 4 Tage
Patrick Reagan
Patrick Reagan

Communists always say trust me. But history tells a different story. Doesn't it

Vor 4 Tage
NutLover360
NutLover360

Patrick Reagan Never trust a commie.

Vor 4 Tage
Ronald BaileyEL
Ronald BaileyEL

NO WONDER 🇨🇳 CHINA WANTS TO GO TO WAR; MOREOVER, NO WONDER CHINA WANTS THE ENTIRE SOUTH CHINA SEA!!!

Vor 4 Tage
Carlo Muniz
Carlo Muniz

This is sadness. Only greed has taken over the Chinese government.

Vor 5 Tage
Son of God
Son of God

Probably not ! Because most Chinese look the same and Similar names too 🤣

Vor Tag
Johnny Walker
Johnny Walker

This place looks pretty good to me

Vor 5 Tage
Ray Indra
Ray Indra

China is a wise country. They will improve

Vor 5 Tage
Georg Simsohn
Georg Simsohn

Ray Indra. You’re very optimistic! I don’t agree with you, China’s economy is falling. If they do what Trump is asking them to do, and then he agrees to remove the tariffs, then... maybe their economy will improve, however, the Chinese have a lot of pride, they have to ‘save face’ and that may lead them to make the wrong decision and go against what the US wants. Then, China is finished...

Vor 4 Tage
southerneruk
southerneruk

Well thats the name of Capitalism, boom and bust, Biggest mistake China made was to return back to Capitalism.

Vor 5 Tage
southerneruk
southerneruk

@Dave Yes it is 100% Capitalism,

Vor 3 Tage
Dave
Dave

that is not capitalism

Vor 3 Tage
Cynthia Reyes
Cynthia Reyes

Those man made island by China needs to distroy in west Philippines sea,,,

Vor 5 Tage
Anubis Smite
Anubis Smite

Learn from Hong Kong and leave it alone.

Vor 5 Tage
tribulationcoming
tribulationcoming

End Time Memorandum. August 17, 2012 To whom it may concern {and that’s everyone}, Considering the local, national, and international population, the degree of public awareness concerning the current world situation is very sleight. Which situation am I talking about, for there are many. Well, I’m talking about the end of the world as we know it and the return of Jesus Christ and the catching away of his people. Has a prophetic ring to it, I should say. What will be the chronology of these events and how will our daily lives be affected? The three step plan, a simplified explanation of what will take place. The money, the politics, and the religion. First to affect us is the money, it’s all about the money, that is, the debt. The transition to the new global economic system including a new reserve currency will destroy the United States of America. I won’t go into all the mayhem, madness, and murder that will take place around us, and of the utter and complete breakdown of society, but that’s just what will happen. The conditions will range from moderate to extreme, that depends on were you live, urban, rural, or remote. And after the transition to the new system has taken place, reconstruction will begin. Similar to the post civil war reconstruction period in the south, but it won’t be the Yankees who are in control. The south shall rise again, I don’t think so, nor will the U.S. Our greenbacks will go the way of the confederate dollar, but not to worry, we will be issued new units of exchange. Remember, this will change our lives here, what will happen in other parts of the world will be similar, but we don’t live there, we live HERE. After the US dollar and most other currencies have failed and the new global economic system is put in place, there will be an amazing degree of cooperation among world governments. An alignment under one global governing organization [United Nations resolutions ?], it’s actually in place right now. They will be the decision making authority governing the world. They will rule you and I, the population of the former United States. Truth, justice, and the American way, FORGET IT. No one will be able to change the developments that will bring the people of the world under this dictatorial rule. A new set of laws and regulations will apply to all the citizens of the world as one group, the global community. To put it in so many words, a bunch of atheist dogs will tell you what to do or what not to do and when, the privilege to live life freely will be gone. After the economics, then it’s politics as usual, well, almost. It would be difficult to say where the world capitol would be, but a location for the seat of authority will have to be established somewhere. Right now New York City is the economic center of the world and Washington, D.C. is the center for the government in the U.S. With the United Nations being based in New York, that would be the obvious choice for global government. The economic transition will change the position of the U.S. as a primary leader to a place of equality with much of the rest of the world. This would result in a complete absorption into the global domain. The trend toward globalization began years ago and will bring about parity among the nations of the world. The globalist will have accomplished their long desired end. The words in Latin that are printed in the great seal on the back of our one dollar federal reserve note will become a reality, annuit coeptis novus ordo seclorum, which translated means, announcing the formation of the new world order. Talk about a revolting development, God Help Us. Who would you vote for if elections were held for the president of the world. What will be the extent of this new political realm? These manipulative efforts have been at work for generations and through the control of economics and politics these plans have come to fruition. No need to try and explain these things in any detail. We have but a few years to see the results. I can only say, that every man, woman, and child in America will be adversely affected, expect the worst conditions possible, mayhem, madness, murder, and the complete breakdown of society. So, much for politics.....NUTS. Asalamu alikum.

Vor 5 Tage
big Jazzer
big Jazzer

Oh dear another biased and unenlightened opinion piece. The problem is when people comment on things like this they do it with a western or nationalistic head on, as opposed to a Chinese head!! The question that should be asked is, what purpose do these 'ghost' cities serve in 10 years time; these cities are for the future and are located to house people in what will be industrial hubs. I say this not with certainty but with knowledge of how the Chinese think, and its always in respect of a (very) long term plans. Just to confirm my thinking I just googled China's Ghost cities future enterprises and lo and behold!! BTW I live near a place called Jin Jo and it has a ghost city and guess what, it's right next to a major shipyard waiting to be developed

Vor 5 Tage
big Jazzer
big Jazzer

@Matthew Ng Yes you are right - hating China is the norm now, personally I think it's a lot to do with fear and it seems nobody ever fact checks, if they did they would be startled to find out the Chinese Government cares more for its people than any other country

Vor 5 Tage
Matthew Ng
Matthew Ng

big Jazzer i think hating on China has turned into a hobby for some people. And your right, the govt was just building based on the forecast of urbanization. The west doesnt do this because they are short sited, the Chinese govt is just so efficent and less bueracratic they can build these megacities in preparation for these people moving to cities. Everyone says the govt is evil but in a way, they care more about giving housing than the state of California woth all their homeless people

Vor 5 Tage
K.Manga Duhlian
K.Manga Duhlian

Why not people go and stay there when they have such a beautiful apartment. In india millions of people are still homeless

Vor 5 Tage
Kevin Castelino
Kevin Castelino

And Modi promised smart cities.

Vor 3 Tage
Some Guy
Some Guy

Only people who are and will be successful in China are those who have, connection, or money, or have both. The rest are worker bees like these people in this video.

Vor 6 Tage
Aren't I Adorable
Aren't I Adorable

The Chinese economy run by the Government is basically a Ponzi Scheme.....and the people at the bottom lose.

Vor 6 Tage
D.W. Erickson
D.W. Erickson

And no mention of the cost of their Island they built in the middle of the ocean? How much was that project... What was up with that? Ignoring the impact of the ocean life in the area, did you think everyone would sit back and allow you to take your beliefs to other countries?

Vor 6 Tage
Abraham issac Jacob Yisrael
Abraham issac Jacob Yisrael

I guess the saying of BUILD IT&THEY WILL COME isn't true

Vor 6 Tage
samurai 4444
samurai 4444

My niece went to a Chinese college in out-scout, she got a bird flue and lost so much weight! She said there is no electricity after noon so was almost closed to death ! There are thousands homeless in China but of course you tourists are not allowed to see those :( Communists are only interested in money but not human lives. They put hundreds Tibetans, Uighur and South Mongolians in the Concentration camps and tortured and murdered there ! So evil !!

Vor 6 Tage
big Jazzer
big Jazzer

I live in China and am stunned by your comments, where did your daughter go to school? where are these concentration camps? Fact is I do not believe you and while there may be homeless in some rural areas, they are not as evident as say Boston MA

Vor 5 Tage
Rhonda Clark
Rhonda Clark

Trump don’t war war , he says it’s murder. we need to free all China people. Because there’s a lot of good people living in China. Stop the Democratic communist party. Even in America. love this guy he worked hard. Vote for trump

Vor 6 Tage
Bee Lee
Bee Lee

Why Aljajira putting old documentary again and again

Vor 6 Tage
Fuzz Man
Fuzz Man

Who did not know making our enemies filthy rich was a bad idea?

Vor 6 Tage
samurai 4444
samurai 4444

Fuzz Man Too bad that Communist Democrats did China monster !

Vor 6 Tage
cookie boi
cookie boi

China is facing a very difficult decision. To abandon communism and adopt a free society or eventually fail miserably like other totalitarian states have in the past. One major problem facing China and that is Vietnam because she will not yield to China's claim in her EEZ. Vietnam wants the resources in her EEZ and she will go to war with China to get the resources. This is a major problem for China because China will be defeated in a war with Vietnam and all Vietnam's allies, thus China will have to back down on her claim in the SCS over Vietnam's EEZ,,,, and therein lies the problem,, if China backs down to Vietnam, then all the other claimants in the SCS will also demand their EEZ resources, and that is a dilemma for China.

Vor 6 Tage
Narciso de Almeida
Narciso de Almeida

Free China from Communism,no place in the World for such Evil.

Vor 6 Tage
Lamargo Petersen
Lamargo Petersen

Do you not wonder about the Chinese take up of Communism? I do because communism is a Ashkenazim thing, it's a Jewish thing, Bolshevism=Jewish, European communism=Jewish.

Vor 7 Tage
SolidRock InclearWater
SolidRock InclearWater

Someone will have to explain how China can invest so much $ outside their homeland and not take care of their own problem,,? Cheating maybe ?

Vor 7 Tage
B. Lantz
B. Lantz

To think we have a very vocal Communist party in this country represented by the Democratic Party . To see the suffering of the Chinese people under the CCP is just absolutely saddening. Those people definitely need to go.

Vor 7 Tage
Anilesh Mohari
Anilesh Mohari

Ghost town or buildings are everywhere due to financial mess opened up in 2008. In India we have many ghost buildings if not ghost town...

Vor 7 Tage
Vishnu T
Vishnu T

india scene is different bro.. our property developers are in a mess because its too slow and lot of complicated procedures to build anything here unlike china where development is too fast.

Vor 6 Tage

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