The unknown facts about US-China 8 Reasons Why The Economy Of China Will 3 weeks ago   26:31

CGTN
While trade tensions with China escalate, the US keeps complaining that it has suffered losses because of trade deficits. But is it true? Is global trade so simple that deficits or surplus can explain it once and for all?
To answer these questions, CGTN looked at information from households, factories and experts’ opinions, together with data analysis, to present you with a comprehensive interpretation of China-US trade.

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Comments 523 Comments

Bel Dalzielle
Really?? I don’t believe this guy...it’s same. I’m not sure what his diet but I have a healthy diet and my buying are mostly Made in USA👌🏻❤️🇺🇸♥️
John Chow
Someone is trying to gain points for the midterm elections by bashing China. Unfortunately, He did not think through and strategize before implementing the trade war. Now that America had started applying tariffs on all Chinese goods, China had to retaliate, however only on agriculture products. In fact, to reduce burden on their citizens, the Chinese indeed lower the tariffs on other products.
Tariff is sugar coated but it is still a tax to be paid by the population. This will surely drive up the cost of living. The climate in China now is, because of the tariffs, the Chinese tourists will shunt America in favour of Europe etc. He certainly is not the sharpest knives in the drawer.
ELSA WU
Fair Vue
American citizens are not that dumb, the deep state controlling Washington DC is manufacturing CHINAPHOBIA rhetorics desperately to achieve its dark agenda.
stephen green
patent protection is a problem,,,,,,not mentioned.
stephen green
the imbalance in trade is due to currency and wages.a world hard currency of silver or gold would stop manipulation of currency which robs everyone.
Siok Oey
I ll never buy anything from china for quality! We dont realize feeding china until so fat!
Ed Tobias
If americans spend more than what they earn as they say. Then tariffs should fix that. Low price = more demand. Higher price discourage buying.
Ed Tobias
Made in China products = trojan horse. The profits will feed the Chinese military to invade neighboring countries and expand their empire. Ask Tibet, India. Bhutan, Philipines etc. These countries are being bullied by China.
Count Rufus
No.Those factories cane be put in Mexico and other regions.So those countries can develop aswell.
Especially state owned companies that benefit from the state.A mindboggling thing still in this age
The pollution it caused in China is insane aswell.But like all totalitarian countries where governments dont give a shit about their own people
alton gifford
I live in Massachusetts which used to be a big textile manufacturing center partly because of the low humidity here but after air conditioning was developed , textile factories moved to the southern states where wages were lower( people down there loved working in those air conditioned factories) but then when manufacturers found that wages were lower in Japan they moved manufacturing to Japan. When Japanese workers demanded higher wages they moved to China.and now bangladesh ,Vietnam etc.just as manufacturing once moved from Europe to the U.S. I once worked in a factory whose output went to other countries like Taiwan and China, to be incorporated into goods which were then sold in the US. That`s just the way it is, We just have to suck it up.
jonathan young
Even if both USA and China are to agree to a no tariff trade; the USA will continue to have a trade deficit as long as the USA buys or spend more than it produces and Americans continue to spend and borrow more than they earn.
kongming2005
Don't hate or blame Americans, not their fault. Stupid Trump desperate to win his new toy (political game) causing and brainwashing his people
Roger Gionet
Wow, propaganda at its best, no mention of 12 Chinese-Owned Media Companies, From Dick Clark Productions to AMC and more, and the guy that says he could not live without Chinese made products, like they could not be manufactured in the united states. Who really is the beneficiary when china buys mostly high tech good, then reverse engineer them or copy, which they don't have to pay for designing, developing and advertising the copied brands.
John Smith
The US is not overpopulated like China and has a larger country with more resources. This idiot trying to make overpopulation as some kind of advantage.
Overpopulating creates more poverty because it hard on the environment and food supplies.
scott phillips
I started working at 10 years old now I'm 50 and I can't hardly move I'm filing for Social Security. Does China have social security? Just wondering.
scott phillips
No wonder College tuitions are so damn High here in America most people can't even afford College that's nice to know that somebody is rich !
Richard Olson
Just got done checking all my bowls and went over to grandparents house, did the same. Point being, none of the bowls had Made in China on the back of them. I encourage you to do the same. Doing a little homework exposes fake people's fake attempts.
Big Dragon
Cut Copy and Past, No Critical thinking in China. Steal what does not belong to them. They can even build a skyscraper without western help. Why did we give them all of the HI tech stuff? Shame on America.
arnold123sky
I can see soon very soon that China will be right at your home and destroying the USA. That’s going to be the greatest day ever because China is already started it’s plan to take down USA. China has Russia North Korea behind them. So all you racist trump supporters will be killed by Chinese and what will you say when that time comes. So yeah keep the GOP and Trump in power and this will happen if you think i am bs do your Research
elsa KUAN
Maybe China should not offer their hard work with cheap and quality goods to the middle class
of American or other country comfortable living expenses for decades. like slaves.
Without any appreciation but betray and accusation!
US SHOULD Manufactureing by yourself with high cost AND rising living expenses!
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8 Reasons Why The Economy Of China Will The unknown facts about US-China 3 weeks ago   07:34

China might be the largest economy in the world by 2020. But will that really happen? Or will the Chinese economy collapse soon? There are many indicators showing that there is a significant risk that China will lose its position as the economic engine of the world during the next few years. Do you agree?