How China’s property crisis changed the global economy | DW News

中国是社会主义国家，就要生产全球南方国家用得起的物美价廉的科技商品，说中国产能过剩，利润过低的西方人，撒泡尿照照自己，你们靠着高科技垄断攫取了多少本来不应该获得的超额利润

The pronunciation of Chinese names is so bad I have no idea who he is talking about 😂

Xi says no problem and no problem will be!

Hui's punishment is not enough. If DW pitty Hui DW should donate all it's earnings to help relieve Hui's victims 😂😂😂

Well done, gentlemen.

DW reporters are complete ignorant when it comes to China. Clueless and full of hype.

我们中国人又干啥了？😂

Broken China?<br><br>Short answer no.<br><br>They know there isn&#39;t a demand for houses/homes hence ghost cities.<br><br>They don&#39;t look for quick short term gains, where a few at the top hold all the wealth.<br><br>Now they&#39;re all in on AI (and still a stable economy), they can pull the rug from under the t۩h bros, the only thing the global economy (excuse me the west) have left.

No single day can pass without bashing China for clifford and riichard.<br>Losers.

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Broken Germany?

Now they buy real-estate in Australia from money laundared out of China.

DW, CNN, BBC - can’t tell the difference

what about Americans&#39;tariff and texh war?

Worry USA more than someone else please

Meanwhile in the west either theres no affordable housing or homeless galore

overestimating one strength is a great weakness.

sounds circular, yea? sounds like something else happening in the US stock market, yea?

Copium copium copium video for the delusional

So China saw a real estate bubble and popped it. China’s home ownership is 90%+; much better than western countries. “Houses are for living”. DW is drinking from the NED/anti-China trough.

Garbage media with absolutely no news value: DW and Indian media

很多其他国家的人不理解，房地产泡沫是中国政府有意刺破的。而且给了房地产企业五六年的处理时间。中国政府遇到问题就要解决问题，但西方制度只会一直拖延，毕竟主动刺破泡沫就意味着失去权力。<br><br> 中国要把经济增长的目标放在高端制造业上。<br><br> 德国和日本车辆长年出口70%，这叫国际市场，直到中国的车辆出口提高到17%，生产过剩的媒体通稿出现了。

中国房地产危机导致经济危机，于是产能过剩，进而摧毁德国和全世界。经济学难，听不懂，责任在自己笨。知道自己笨，遇到不理解的事儿就不那么痛苦。我好奇经济学家想让我听懂他的逻辑，而我听不懂，痛苦不痛苦？

The Chinese government knows the real estate bubble must be solved before it becomes an existential issue for communist party. Imagine if the Chinese government continue pump in money to real estate and infrastructure, the bubble will only grow bigger, coz these greedy developers will continue use all sort of &quot;tools&quot; available to gain from the market. They choose to solve this bubble at the best timing for their economy, i.e. strong export which will be able to minimise the effect, positive GDP, stable government etc.

China is no future, the population is declining and it&#39;s impossible to grow again in 100 years, unless the corrupt CCP government be overthrown and turned to a democrat regime

This is the perfect example of why command economies don&#39;t work. The fools running the CCP have no idea what they&#39;re doing.

I admire the Chinese government. When they saw the problem, they really work to solve the problem. The real estate bubble in China has been known for decade, everyone knows that it cant keep growing. I would say that only the Chinese government has the ability or determination to solve this addicted issue. They have pinned this bubble in guided way, make sure the declining is not out of control. At least the property market in China is falling but not fallen out of cliff. They have not injected stimulus package to prop up the real estate market, simply because they want the price goes down to the reasonable level.

According to the west,china is always collapsing🤣

Oh, please! We are seriously expected to believe the current German government just happens to &#39;find&#39; a perfectly intact drone with pristine &#39;Russian DNA&#39; conveniently stamped all over it at Leipzig Airport? Right. That drone was about as ready to explode as a damp firework, all neatly fabricated so they could point fingers at Russia. This isn&#39;t because of the crisis in Ukraine; it&#39;s a massive, desperate cover-up because Germany&#39;s energy investments in the Middle East are in deep trouble. Specifically, the German government heavily invested in Venezuelan energy, but after Trump hooked Venezuelan oil in the &#39;deal of history,&#39; Germany&#39;s investments got booted right out the door. Let’s not forget when the German government also took in Venezuelan immigrants right when that whole uprising crisis started, desperately trying to salvage their position. But hey, they can&#39;t hide the truth forever. This Leipzig drone event is nothing more than the current German government begging Uncle Sam to trigger NATO Article 5 and drag everyone into a direct war with Russia. Remember that Germany&#39;s Deutsche Bank also contributed to the 2008 financial collapse in the US. Today, we have AI technology that can trace anything from the beginning and the end of history.

DW天天离开中国就无法生存了

DW.. what a clown

Meanwhile, the gfc of 2008 ripped through the entire world and no one went to prism. At least, China demonstrates accountability. Being wealthy doesn&#39;t give you a &quot;get out of jail&quot; card.

習近平国家主席の経済対策と自国民に対する移民政策は素晴らしい、本当に素晴らしい！

He&#39;s Hui Ka Yan, at least do some proof reading. China definitely is not doing great but the journalism here gotta improve too.

Seriously you need to get Gordon Chang on your show, because the picture you painted about China isn&#39;t bleak enough. Let Gordon do his best on your show.

Apart from the audio being out of sync, I found this video interesting, I wouldn&#39;t say particularly enlightening because a lot of the content is already known, but useful because much of it has been compressed into a short video. My humble opinion is the China&#39;s economy is dependent on a couple of things: a vast population that is ruled by a system of governance that controls every aspect of their lives and where they are severely penalized if they step out of line, and secondly by western manufacturers who have taken advantage of the low-cost labour force that is available there. I think that as China&#39;s economy continues to weaken, a lot of product destined for the local market is now being shipped to global markets at pricing that makes it hard to compete in many instances. I think that is unfair - western manufacturers and industries are laying off workers and closing down at the same time as cheaper Chinese products continue to be imported. Ultimately this will impact of western investment as the buying power of their populations is eroded, leaving them unable to buy the products being produced by companies who have off-shored their manufacturing to China. I think that it is in the interests of these businesses, and indeed governments too who will see downturns in tax revenues, to ensure that this situation is reviewed and balanced. Currently the way I see it, the west is vulnerable due to focusing on revenue only, and that is not good. There is a lot more to this issue, but that will do for now.

No crisis. Houses are for living in.

Excellent report!

From another Chinese TikToker :<br>------<br>China&#39;s current economic crossroads:<br><br>Overview
<br>China is at a critical economic turning point and must undergo profound transitions in its growth models, industrial structures, and fundamental concepts of wealth creation. To secure its future, China must abandon outdated industrial-era mentalities and embrace the realities of a post-industrial, information-driven world.<br>
<br>1. Shifting the Economic Engine: From Investment &amp; Exports to Domestic Consumption
<br> The Decline of Investment-Led Growth: For the past decade, China relied heavily on massive investments in infrastructure (urbanization, high-speed rail, highways) to drive the economy. However, this model is now faltering because both the government and private enterprises are running out of capital, leading to a natural decline in investment.
<br> The Unsustainability of Export-Led Growth: While recent export numbers have been strong, relying on exports is a dead end due to global overcapacity. China’s manufacturing might is so immense that in several industries, its production capacity exceeds 200% of total global demand. Imagine a hypothetical: if China ran all its factories at full throttle, the rest of the world could theoretically stop working entirely and just consume Chinese goods. Because this scenario is economically illogical and globally unfair, the export-driven model is ultimately unsustainable.
<br> The Pivot to Consumption: To create a healthy, positive economic cycle, China must transition to an economy genuinely driven by domestic consumption. This requires empowering the general public with higher purchasing power.<br>
<br>2. Upgrading the Industrial Structure: From Manufacturing to Services
<br> Expanding the Service Sector: China must transition from being purely a &quot;manufacturing powerhouse&quot; to a service-oriented economy, significantly increasing the service sector&#39;s share of the national GDP (similar to the economic structure of the United States).
<br> Debunking the &quot;Real vs. Virtual&quot; Fallacy: There is a widespread, flawed misconception in China that traditional manufacturing (making tangible goods) is the &quot;real&quot; economy, while the service sector is &quot;virtual&quot; or somehow less valuable. In modern economies, the line between the two is heavily blurred. For example, the financial sector is the &quot;lifeblood&quot; of the modern economy; without it, the nation cannot function. Dismissing such vital services as &quot;virtual&quot; is a fundamental misunderstanding of how modern economies operate.<br>
<br>3. Redefining Wealth in the Information Age
<br> Evolving Historical Perspectives: Just as 18th- and 19th-century farmers (such as the Physiocrats) believed only agriculture was &quot;real&quot; and couldn&#39;t grasp the value of the industrial revolution, many people today fail to understand the post-industrial, information-age economy. They mistakenly believe wealth only exists in the form of physical goods like steel, cars, or airplanes.
<br> Intangible Wealth Creation: In an information-driven society, services, entertainment, and digital content are legitimate forms of wealth. Consider the examples of stand-up comedians and digital video creators. Though their output is intangible and consumed on screens, they generate massive economic value, create jobs, and produce real wealth.
<br> A Necessary Mindset Shift: The most crucial transition China faces is not just structural, but psychological. Society must update its definition of what constitutes wealth, how it is produced, and the new forms it takes.<br>
<br>Conclusion
<br>Clinging to the nostalgic desire to maintain China&#39;s legacy status purely as a &quot;manufacturing giant&quot; is a mistake. To successfully navigate its current economic crossroads, China must let go of outdated industrial-era attachments, elevate its service sector, boost domestic consumer power, and fully embrace the new paradigms of wealth creation in the 21st century.<br>------<br>My own comments :<br>(a) Ditto for Germany.<br><br>(b) While (balance-sheet-recession-suffering) China&#39;s private sector has been busy deleveraging following the eventual popping of her property-market bubble, today&#39;s US, Europe, and Japan have conversely been re-leveraging. <br>Such claim is being reflected by the low and declining bond-market yield curve in China and the opposite high and rising bond-market yield curve in the West, showing that China and the West are now in opposite phases of the economic or business cycle.<br><br>In the US, the public central government has also been non-trivially increasing her own debts through perennial deficit spending after the Pandemic (Fiscal Dominance). <br>In fact, the demand for credit from the US&#39;s private sector, represented by the US&#39;s AI-investing tech giants, has been so strong that the private sector there has been reverse-crowding-out the debt-competing federal government in the debt markets, causing the recently observed non-trivial and persistent rise in the long end of the country&#39;s yield curve (and the deferred start of the US Fed&#39;s new interest-lowering cycle).<br><br>(c) So, while China is now economically licking her wounds and preparing for an economic recovery after having mostly repaid her past remaining massive debts, like a rise of phoenix from fire, the West is booming but is also gradually running into a new unavoidable economic debt-reducing recessionary cycle, perhaps prompted by the eventual bursting of the US&#39;s AI Bubble (if any) one day in the future.<br><br>If so, China will be in another upward phase of the economic cycle, and vice versa for the West, and their bond-market yield curves (together with their inflation and exchange rates) will oppositely adjust accordingly.<br><br>(d) China&#39;s coming rise from the economic ashes (if any) will be much stronger than normal, since she now refuses to depreciate her yuan&#39;s exchange rate (indeed, China&#39;s yuan keeps appreciating relative to the US dollar), thereby forcing the Chinese domestic economy to engage in painful and prolonged internal devaluation to regain (or rather, further empower) her coming overall global competitiveness (just like the unfortunate &quot;pig&quot; EU countries after Europe&#39;s sovereign debt crises years ago).<br>------

From a Chinese TikToker :<br>------<br>The Structural Transformation of Chinese Manufacturing and Exports<br>
<br>1. The Core Paradox: Macro Strength Masking Micro Divergence
<br> The Data: China’s July foreign trade data shows robust growth: exports up 23.9% YoY (in USD), imports up 27.5%, and a trade surplus of $112.5 billion.
<br> The Divergence: Averages hide a stark reality. Traditional, labor-intensive exports (toys, ceramics) are declining due to cost pressures and order relocation. Conversely, high-tech exports surged 40.7% in the first seven months, semiconductor revenues nearly doubled, and auto exports are accelerating.
<br> The Thesis: Chinese manufacturing is not simply &quot;leaving&quot; or &quot;getting weaker&quot;; it is changing its lead actors. The era of competing on cost and demographic dividends is ending, replaced by an era of technology-intensive, capital-intensive, and complex supply chain manufacturing.<br>
<br>2. The Two Primary Engines of High-Tech Export Growth
<br> Engine A: The Global AI Physical Supply Chain: While AI is often associated with U.S. software/tech giants (Nvidia, Microsoft, Meta), it requires massive physical infrastructure (GPUs, advanced storage, optical communications, cooling systems, power equipment). Global capital expenditure in this area flows down the supply chain into China, where deep manufacturing capabilities exist in electronic components and power equipment.
<br> Crucial Caveat: Recent semiconductor export revenue growth is heavily driven by price increases (e.g., cyclical memory chip price hikes), not necessarily a doubling of physical volume. True structural upgrading requires sustained growth in both volume and global market share, not just favorable price cycles.
<br> Engine B: The Automotive &quot;Ecosystem&quot; Export: The surge in auto exports is partly due to domestic price wars, but more importantly, it represents a leap in industrial capability. A car embodies a vast ecosystem (batteries, motors, software, logistics, tooling). Chinese automakers are no longer just doing contract manufacturing (OEM) for foreign brands as they did 20 years ago. They are now exporting entire supply chains, bringing their own brands, suppliers, technology, and capital to build factories in Thailand, Hungary, Brazil, and Mexico.<br>
<br>3. The Inevitable Rise in Trade Friction
<br> The Shift in Perception: Exporting cheap toys and shoes made developed nations happy (cheap consumer goods). Exporting EVs, solar panels, robotics, and semiconductors means competing directly with the developed world’s core industries, employment bases, and national security interests.
<br> The New Battlefield: Competition is no longer just about market dynamics. It now involves tariffs, localization mandates, technology restrictions, national security reviews, and battles over industrial subsidies.
<br> The Strategic Pivot: The new challenge for Chinese firms is not &quot;Can we make it better and cheaper?&quot; but &quot;Will they let us sell it?&quot; The solution is overseas localization: building local factories and supply chains to transform from a &quot;foreign competitor&quot; into a contributor to local jobs, taxes, and economies.<br>
<br>4. The Hidden Costs and the &quot;K-Shaped&quot; Domestic Economy
<br> The Social Cost of Upgrading: The migration of low-value manufacturing to Vietnam, India, or Bangladesh is a natural economic evolution. However, displaced factory workers and low-end manufacturers cannot seamlessly transition into high-tech sectors like chips or robotics. This creates painful, localized economic disruptions that macroeconomic averages ignore.
<br> The Domestic Disconnect: Strong exports have not translated to a strong domestic economic &quot;feel.&quot; Exports and domestic demand are separate engines. Capital-intensive high-tech manufacturing has a much lower employment multiplier than the old labor-intensive manufacturing.
<br> The K-Shaped Reality: The economy is splitting. One side (high-tech manufacturing, AI supply chains, global exports) is thriving. The other side (real estate, traditional consumption, private investment, low-end manufacturing) remains under severe pressure.<br>
<br>5. Strategic Investment Framework: 4 Metrics to Track
<br>For investors navigating this transition, we can evaluate export-oriented companies based on four critical metrics:
<br> 1. Overseas Revenue Ratio: Companies successfully expanding beyond the domestic market have a larger total addressable market (TAM) and growth ceiling.
<br> 2. Gross Margin Stability: If overseas growth is achieved solely through price-cutting, it is unsustainable. Stable or growing gross margins alongside rising overseas revenue prove genuine product competitiveness and pricing power.
<br> 3. Regional Diversification: Over-reliance on the U.S. or European markets carries high geopolitical and policy risk. Companies with a diversified footprint across Southeast Asia, the Middle East, Latin America, and Europe are more resilient.
<br> 4. Overseas Localization Capability: The ultimate competitive moat is no longer just shipping goods from China. It is the ability to build local factories, establish regional distribution channels, develop local supply chains, and successfully navigate foreign regulatory compliance.<br>
<br>6. Final Conclusion
<br>China’s export data should be viewed as an industrial map, not just a top-line number. The narrative has shifted from &quot;clothes, toys, and furniture&quot; to &quot;chips, cars, AI hardware, and high-end manufacturing.&quot; China is transitioning from exporting cheap, simple goods to exporting complex goods, and from mere product sales to exporting full manufacturing capabilities. While this trajectory will capture higher value-added profits, it will also guarantee intensified trade friction. The future direction of Chinese assets will be dictated not by total export volume, but by which specific industries successfully navigate this new, complex global landscape to earn revenue from the world.<br>------<br>My own comments :<br>Hopefully, &quot;exporting full manfacturing capabilities&quot; can help reduce the enmity of the foreign net-importing western countries toward net-exporting China.<br>In this respect China can learn from Japan, which has successfully been doing so since the Plaza-Accord-induced massive revaluation of the Japanese yen in the last century, rendering Japan&#39;s GNP much higher than her GDP ever since, which in turn has (much) tempered Japan&#39;s overall economic pains during her past &quot;lost economic decades.&quot;<br>------

One of the reasons why China is expanding the robot industry is that there are now more than 300 million ❗️elderly people in China, and a shortage of manpower in the future is inevitable‼️Electric vehicles and robots are the inevitable options to solve the energy and manpower shortage. Isn’t there the same problem in Europe⁉️

what crisis are you talking about, chinese people complain the high house price for years. then govenment came to controll with policies, now people are happy for affordble home.

Only an extremely brief mention but I&#39;ll take it - I live in a small city in rural China (~500k) and the building simply has NOT stopped. I run and cycle lots and there are well over a thousand new units being built around town, even though prices have dropped between 30-50% depending on the suburb. My in-laws live in a swanky development built almost 15 years ago that is about 60% occupied. That is at the high end of occupancy rates for the province. People know they aren&#39;t going to get rich anymore but they still keep building anyway! The insanity!

Millions of people have lost their wealth, but I don&#39;t see china crisis have affected the world or news covered this up.

Came back from Taiwan 🇹🇼 much better than China ❤

What happened in China is now happening in Canada especially in Cities like Toronto and Vancouver with unfinished Condos

Using the broad measure of real estate (Real Estate + Construction + Related Industries), the broader property and infrastructure sector in China peaked at an unhealthy 24% to 30% share of GDP and now is down to a normal 12% to 19% of GDP, comparable to the 15%-18% for the US and 16%-19% for Germany. (In contrast, the share for Canada is 21%, so good luck to Canada)

China has 80% of the global humanoid robot market. If it takes off the way Elon Musk and others think it will, it will certainly equal the revenue of the chinese housing market within a few years.

is it property crisis or property recovery? housing price keep going up and becomes unaffordable is a property crisis!. Introducing 50 years mortgage instead of reducing the price makes the housing becomes more and more unaffordable.

I like DW and the way they report on certain things, but don&#39;t they feel embarrassed saying every month that a crisis is about to erupt in China, only for months to go by and nothing to happen?

China or German <br>Which one has a better future?

One child Policy caused population collapse

man you guys literally brainwashed western ppl thinking chinese polices can just take some crazy actors and organ farm them, literally, people really believe in that😂😂😂 crazy

&quot;Beijing punished Hui Ka Yan for causing an economic crisis.&quot;<br>Was that supposed to build sympathy? Oh no, the poor billionaires aren&#39;t being protected and actually being held accountable for their actions.<br>Jack Ma is targeted by anti-trust lawsuits.<br>Yup, never see that in the West these days. That surely means anti-trust cases succeeding is the action of an evil government.

In other countries - the wealth walks over the People; in China, the government walks over the People.<br><br>All the ruling classes want the People to remain uneducated and gullable. Knowledge is therefore power, and the People need to hold the ruling class responsible for them breaking the social construct.

China put a billionaire in jail? That would never happen in the west.

China dead

<a href="https://www.youtube.com/watch?v=fkoWD3-dO2c&amp;t=835">13:55</a> oh, we have an expert here. Go ahead and tell those China men how to properly run things. More investments in restaurants and bicycle repair shops is the answer.

When all is said and done, China remains on track to overtake the US as the world&#39;s largest economy in the near future (10 to 25 years).

In the West, real estate has morphed from a tangible asset into a hyper-financialized vehicle for wealth extraction, creating an economic playground where &#39;hope, hype, and speculation&#39; are bought and sold as pure commodities. Chinese are not used to this kinda &quot;money produces money scheme&quot;. Foreign Institutional and foreign investors have mastered the art of exploiting these systemic vulnerabilities to generate massive profits out of thin air. An empty lot, completely devoid of physical structures, is turned into an immense source of wealth simply by creating an imaginary future. This speculative mechanism closely mirrors a high-tech startup IPO: by leveraging fractional crowdfunding apps, real-world asset tokenization, and unregulated digital micro-shares, predatory market actors can raise massive capital by selling a pristine vision of the future without ever having to prove real-world results. Eventually, the manufactured Fear Of Missing Out (FOMO) becomes so overwhelming that ordinary, inexperienced retail investors are sucked into the frenzy. But reality rarely matches these rosy marketing projections. When this cycle continues unchecked, the economy shifts away from productive manufacturing and technological development into a pure gambling den. Instead of using capital to produce tangible goods, sophisticated corporate and foreign entities weaponize financial derivatives to prey on the unskilled players. From this perspective, China&#39;s aggressive decision to clamp down on this &#39;money printing money&#39; system by enforcing strict debt limits was a necessary intervention. By intentionally popping the speculative bubble, they sought to halt the geometric spread of financial victims and forcibly redirect capital away from paper speculation and back into productive, real-world industries

<a href="https://www.youtube.com/watch?v=fkoWD3-dO2c&amp;t=147">2:27</a> His name is Hui Ka Yan instead of Hui Ya Kan

I’m so tired of Western capitalists whining and complaining about China.

Gordon Chang will collapse soon.

china is broken in the western media since 20 years ago. How could a broken china be a threaten and worth DW to investigate a lot？Germany is a successful and wealthy contry and in china why no media is interested to analyse and learn from gemany model？Over the past decade, average rents in Germany have risen by 51% and house prices by 67% – that&#39;s really good news for the real estate business and german government did a great job.

How can you get rich, if your investments are restricted? You don’t have enough children to support you.

The biggest problem with China is having a communist government managing a free market economy. It’s akin to trying to fit a square peg in a round hole.

&quot;China control the market excesses. But at what cost?&quot; Billionaires have to face responsibility for destabilizing the market is just logical and the only hope...

China popped an unhealthy and over inflated real estate bubble so as to keep housing affordable for the vast majority of the population, rather than fuel the concentration of wealth by real estate tycoons and market speculation that would get worse and distort the market even more, as it has done in the West. That&#39;s what a responsible government should be doing.

Now they pusshed the cash out of realestate to tech and automotieve i guess

EXCELLENT ANALYSIS, presented in a simple form and easy to follow. This is what excellent journalism is about. 👍👍

Lying to yourselves, is not going to make China go away. Face it, you&#39;ve been One-Up&#39;ed

We can build an electric car just as cheaply in Europe if the government provides a subsidy of half the cost; yes, then it will be very easy.

On Monday China is a threat, on Tuesday China is broken; repeat this pattern for remaining days 😂

CCP is literally the extreme version of SEC.

It&#39;s not a real estate collapse but controlled demolishing. Chinese gov obviously didn&#39;t want its economy collapse like the Japan had with its real estate market in 1991 and aimed to crack down the bubble by its own means. It&#39;s hard problems as so many interest groups in the social elite don&#39;t want this happen. Having a controlled demolishing is better as the gov can control the timing than letting the bubble being used against its economy. Unlike US, the real estate was too big to fail but the government still bust it anyway. From another perspective, the Chinese economy is also being transformed away from real estate growth, infrastructure based economy. In a way, Chinese gov prevented a global financial crisis if its real estate market had a free fall.

What the US/West is really afraid of is that China&#39;s prowess in technology with the enormous size of its economy can propel itself to win in any competition where the West has traditionally dominated, because after all it is a zero-sum game.

The west will never admit the fact that China is more advanced than Europeans countries in most areas

Western media cannot comprehend that China doesn&#39;t adhere to growth and profit motive.

VERY SIMPLE ---&gt; ITS COMMUNIST CHINA !!!! haha

My coworker invested in properties in China. He talked a lot about them up to 6 years ago. He hasn’t mentioned about them since. I think it didn’t go well.

<a href="https://www.youtube.com/watch?v=fkoWD3-dO2c&amp;t=295">4:55</a> 50,000 is more than most people in other counties can save their entire life. we shouldn’t accept any of that, not in my country anyway

Please fix the audio

Actually the economic collapse is more imminent in Germany, EU and US. <br>China is just deflating the housing bubble which is actually a good thing, not an economic collapse. 😅

In democratic west, the billionaires becomes clients of Epstein.

It makes no sense that China in in the supply chain? This should end. Buying cheap stuff while killing your own nation is dumb.

Yeah, that&#39;s the what their economy really is: a fantasy. 🤭

this is the big picture...China&#39;s real estate sector expanded greatly while construction material was cheap during the West&#39;s 2008 Great Recession, now their real estate sector is consolidating from that expansion (some say popped on purpose to provide price relief for China&#39;s middle class). Sarcastic &quot;dancing robots&quot; commentary shows the bias and ignorance of dancing robots reflect the advance physical movement of robots duplicating physical labor needed to replace human physical labor!

“Local governments got rich” that’s the problem right there. Governments are not supposed to get rich. That’s not how it works.

Monday to Wednesday: China collapses. Thursday to Saturday: China is under menace. Sunday: China makes some progress — but at what cost~

This is an ad.

It&#39;s &quot;Hui Ka Yan&quot; not &quot;Hui Ya Kan&quot; 😅

As China is about to collapse tomorrow, Westerners shall have no worries anymore about China and theoretically should have a very sound and good sleep from now on, haha..

I am really shocked by the number of comments here questioning how DW can talk about the Chinese economy. DW has been the first media to report on the troubles with Germany&#39;s economy. As a credible international media, DW has every right to talk about it. Can anyone name a China-based media that has reported any problem with the Chinese economy?

The West claims to care about human rights, but clearly, they don’t care about Gaza.

How strange! Why was this content produced by Germans instead of being outsourced to Taiwan&#39;s SET TV? Did they think that Chinese people wouldn&#39;t watch Deutsche Welle in English and wouldn&#39;t criticize them? In the past, Deutsche Welle attacked China&#39;s freedom, democracy, and human rights. But when the US began bullying its European allies, Deutsche Welle&#39;s main attack on China shifted to &quot;overcapacity.&quot; Yet, Germany is the EU country that earns the most money from China. When the US bullied Canada, Germany chose to turn a blind eye. When Israel began its brutal massacre of Palestinians and occupation of Palestinian land, Germany still turned a blind eye.

Chinese export and technolgy are doing well. But the collapse in wealth is totally real. Where I go in China, there are whole streets of shuttered storefronts and factories. So many of the workers are gone. Those factories that are left have maybe a third of their people. But there are pockets that are doing well, a few malls, some factories. But for the average person, their wealth which was in property is wiped out or negative, the local market is down, its hard to find work, etc. But despite all this, the factories that are still there are doing great work. The workers they have are highly experienced, skilled and really good. They are all over 45 though. What will happen in 10 years? I hope the hardworking, resourceful chinese people and entrepreneurs can eventually prosper again.

Germany is steering to blame China for their own problems, Russia is already acting in German soil, ADF is on the rise. No one like your cars, at this point with all info available is just funny.

guys your video is out of sync

DW be like &quot; but at what cost &quot;<br>😂😂😂😂😂

Western mistake is to analyse China from capitalist lenses.<br>China&#39;s Commies think (and prepare) differently. <br><br>It is literally another kind of economic system.