China’s economy is in severe trouble: Gordon Chang

China’s economy is in severe trouble: Gordon Chang


OSAKA, JAPAN THIS MONTH. THE COMING COLLAPSE OF CHINA AUTOR GORDON CHANG HOW THIS GOES. I IMAGINE NOT WELL FOR THE CHINESE.>>NOT WELL. THERE ARE LOT OF ISSUES FOR THE BILATERAL. BEIJING HAS NOT CONFIRMED XI XINPING IS GOING TO MEET PRESIDENT TRUMP. NOT ONLY ISSUES YOU TALKED ABOUT, HONG KONG AND TRADE. NOW XI XINPING IS GOING TO NORTH KOREA THIS WEEK. I’M SURE HE IS DOING THAT TO DANGLE COOPERATION ON NUCLEAR MATTERS TO GET CONCESSIONS ON TRADE. THIS WILL BE THE MEETING OF ALL MEETINGS. NEIL: THE HONG KONG UNREST, OBVIOUSLY THE HONG KONG CHIEF EXECUTIVE, SHE REVERSED THAT EXTRADITION ORDER. SHE DIDN’T END IT. JUST SUSPENDED IT. POSSIBLE IT COULD COME BACK. THE CHINESE PRESUMABLY WANTED TO CLEAR THAT BUT THEY HAVEN’T DUMPED HER. WHAT DO YOU MAKE OF THAT?>>THEY CAN’T DUMP HER RIGHT NOW, NEIL. ISSUE WILL SHE BE AROUND SIX MONTHS FROM NOW. MOST PEOPLE IN HONG KONG BELIEVE SHE WILL GO BECAUSE THERE IS VIEW ACROSS THE POLITICAL SPECTRUM SHE IS NO LONGER VIABLE AS THE CHECK EXECUTIVE OF HONG KONG. YOU CAN UNDERSTAND WHY. SHE CREATED ONE PUBLIC RELATIONS DISASTER AFTER ANOTHER AND SHE IS RESPONSIBLE FOR THESE ENORMOUS CROWDS THAT ARE HITTING THE STREETS OF HONG KONG. NEIL: YOU KNOW, WE’RE TOLD THE PRESIDENT IS PERFECTLY HAPPY, HIS WORDS, TO SLAP ADDITIONAL TARIFFS ON CHINA. ACTUALLY WILBUR ROSS, COMMERCE SECRETARY SAID THAT ARE THE CHINESE READY FOR THAT POSSIBILITY?>>YEAH. I DON’T THINK SO. I THINK THEY BELIEVE THEY CAN MANIPULATE THE AMERICAN POLITICAL SYSTEM TO PUT ENOUGH PRESSURE ON PRESIDENT TRUMP BUT YOU KNOW, CHINA RIGHT NOW HAS AN ECONOMY WHICH IS CRUMBLING. COULD EVEN BE CONTRACTING LAST MONTH. WE SAW THAT WITH BELLWETHER CAR SALES DOWN 16.4%, THE 11th STRAIGHT MONTH OF DECLINE, THE WORST MONTHLY DECLINE EVER AND IMPORTS WERE DOWN 8.5% YEAR ON YEAR, A REAL INDICATION OF DECLINING DOMESTIC DEMAND THIS IS AN ECONOMY IN SEVERE TROUBLE. THEY NEED THE U.S. MARKET DESPERATELY RIGHT NOW, NEIL. NEIL: REAL QUICKLY ON CHINA, THIS WHOLE HONG KONG UNREST, MANY INTERPRETED IT AS CHINA BLINKED. YOU KNOW CHINA VERY, VERY WE, AND YOU KNOW ITS HISTORY GOING BACK 30 PLUS YEARS TO TIANAMEN SQUARE, ALWAYS IN THE EYE OF THE BEHOLDER AND I’M WONDERING WHETHER PEOPLE ARE GETTING AHEAD OF THEMSELVES?>>ALL THAT BEIJING DID BY SUSPENDING CONSIDERATION OF THE EXTRADITION BILL IS TO PAUSE. THEY DIDN’T WITHDRAW IT AS YOU POINT OUT. UNTIL THERE IS WITHDRAWAL AND UNTIL RESIGNATION OF KERRY LAMB AS CHIEF EXECUTIVE, I THINK THIS IS A TACTICAL RETREAT, NOT A SIGNIFICANT MOVEMENT ON THE PART OF BEIJING. THEY WILL BE BACK. I DON’T THINK THEY CAN WIN THIS. THERE ARE TOO MANY PEOPLE ON THE STREETS.

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100 Comments

  1. Yet, the market and Trump is asking FED to cut interests because US is economy is teetering on a recession.

  2. U can’t even trust a single word from Gordon Chang. He is a real joker. All his predictions have been proven to be wrong. His skin is thicker the elephant. A super pachyderm!!!!!! Still dare to take up an interview after proving to the world community that he is a real idiot. 🤦🏻‍♂️🤦🏻‍♂️

  3. Suspect he is Falungung . In case you don’t know, it is a pseudo religious org .
    Very anti China . Ban in many countries .

  4. According to Chang, China has been collapsing since 2000. Can’t imagine the stupidity of a guy who claims that Chang “knows China very well”.

  5. America and China needs to stop the hate and rhetorics and Start working together. If us and china can work together they will bring about peace and prosperity on Earth. We could be.colonising the solar system by now who knows lol

  6. It's almost as if China has agents trolling the comment section with all these broken English negative comments of Chang. Google translate still needs work.

  7. I came here for entertainment from Mr. Gordon Chang. I could not resist not watching the video. Thanks Fox and Friends.

  8. Fox is banned in China. However, CNN, CNBC, HBO and BBC are not! Hmmm. I wonder why? Check out all the wu mao shills trashing Gordon Chang below. 😄

  9. China's growth is mainly infrastructure based whereas the USA is consumption based. Most people don't realize that even healthcare is a consumption good that doesn't last past a few years whereas infrastructure development lasts for decades and has a trickle-down effect on the economy.

  10. Wait, is he the guy who renews the book, the imminent collapse of China, or something like that, once every two years?

  11. So you a celebrating the down fall of another country ….the US is the main reason the world will never have peace

  12. America has 20trillion dollars in debt, 1trillion a year budget deficit and growing, an economy propped up with debt that grows less than 3% with near zero interest rates and printing over $4trillion in the last 10years, aging population, $100trillion in unfunded liabilities in the next 3 decades, not even talking about the millenials and rise of populism I think Americans should invest more time in worrying about their future, the reserve currency won't last forever, just ask the Brits.

  13. The facts: China has 20% of the population in the world and now is promoting the "one road and one belt" project around the world. The market seems sufficient for China.

    However, according to Gordon Chang, "China needs American market desperately". Sounds like otherwise, China's economy will collapse.

  14. It’s amazing that this guy kept saying about the collapse of China for so many years and failed. And yet some people still believe what he say.

  15. Gordon Chang’s predictions:

    1999: China will collapse (didn’t collapse)
    2012: China will collapse (didn’t collapse)
    2016: China will collapse (didn’t collapse)

    That’s a “China expert” for you.

  16. He’s total using the wrong indicators for his statement. China’s US Import demand decreased because it doesn’t need to import as much as it can produce its own goods, consumers are not as intrigue to buy US goods and also having other global trade partners. Car sales slowed because Chinese unlike US has strong trains and railway system. It’s like where US auto maker lobbying to build more highways, but instead of having a government that is pushing railway to connect its country. Some cities even plateau in how many cars it should have, hence the regulation to have control on which day some cars can be driven in Beijing according to license plate. Government is also working to decrease cars on the road because of major traffic, Chinese are very adapted to taking the trains and railways for long distance travel instead of just relying on cars, bus and planes. As an American, I was not savvy at all taking the trains in China, but majority of local Chinese use it as a normal means of travel in between cities. There is also a strong push for electric cars in many cities. 99% of Shenzhen taxi are electric cars.

    China is exporting less because it’s economy is shifting into a service focus economy very fast similar to the US in the 80’s and 90’s. In 5 – 10 years, US can not even inflict a tradewar because China is very self sustaining and has more than enough global trade partners from Europe and Africa that US products would barely generate interest by the Chinese.

    In 2017, China has shut down over 10,000+ factories to reduce pollution and factories that are not up to standard. Chinese factories labors are getting so skilled that some of the lesser skilled products are now being manufactured in SouthEast Asia instead of China due to increasing labor cost in China.

  17. Congraturations Mr. Chang. There gonna be paycheck after paycheck you have got for the anti-china strategy for these many years. It is kind of dog eat dog why's bother. Just say what they like to hear, then take their american's money. How it is like when you play your strategy right? Keep doing it, you are a very smart guy!

  18. China is a communist state, it was on borrow time since 1979. They will go down because they refuse to change their blind spots, like human rights and respecting personal freedom. Never mind the big scary USA, fear is normal in U.S.. The rich are always cautious by nature. So use this opportunity to improve your ( China's) policies, maybe some political view as well. Otherwise, no one can trust such a powerful, dominant communist state on earth. Thus, down ward trajectory would be very imminent for China. Just when China thinks that it can't be poor again, think again. It's better to never have than to have and lose it forever as the old saying goes. With a civilization of over 5000 years, tyrannical ideologies was no stranger to China. surely China saw that they all failed at some point. The West is no SAINT, however it is smart enough to listen to their smart citizens as far as governing ideology is concern. That tiny difference is the wealth creation formula in a fairly happy, caring civilization that is the West.

  19. They also said that world is gonna end in 1999, 2000, 2002,2009,2012, 2015 and 2020, 2049, blahblahblah

  20. Donald Trump is the only person in politics right now that knows how to squeeze a country to get what he wants just look at what happened with Mexico, case in point. Look what is happening with China all it takes is a little bit more time because they need us more than we need them. If you haven't known this, the United States is the Walmart on the world and everyone wants to do business with Walmart to be successful. Donald Trump knows this and is slowly tightening and squeezing them so that they're not doing as much business with America and our strong companies which leads to the end result of their economy going down very badly. Trump knows what buttons to push and he's pushing it. I'm very glad this man as president and negotiating and working on America's behalf to keep other countries from taking advantage of us and becoming more powerful than us. Trump approaches situations from a position of strength all the other political contenders come from a position of weakness, come and take advantage of us we're open for business. Trump doesn't walk that way.

  21. The Chinese very quickly are imploding and they're hysterical propaganda which is both childish and naive is very telling.America will make China kowtow and it lasts the world will see who is the boss.

  22. It's confirmed by multiple sources who prefer their names not to be disclosed that Gordon Chang is the head of North American section of China Dept of Strategic Deceiving led by Lieutenant general Shaozhong Zhang.

  23. stupid Fox, Many Chinese people are very rich and the government is Supremely Rich too !!China government want to do trade war with US, all eastern people know this…..90% Chinese people Support China government fight trade war with US… You must know about this!!

  24. Grodon should go to visit China., then he will know he is wrong and stupid….Most People are very rich and happy in China, You should go to find it out!!!

  25. Gordon
    2001 : china economy is going down on 2006
    2006: china economy will go down on 2011
    2011: china economy is definitely gonna go down on 2012
    2012: china economy will collapse in 2016
    2016: china economy will start to collapse in 2017
    2019: still being invited to give his thought on china economy…
    Such a joke

  26. reading comments from fox viewers gives one a pretty good idea of the level of ignorance of American people.

  27. this guy is real joke, every few years he predicts the collapse of china, the most pitiful and saddest half scot half chinese clown

  28. FBI: This guy is working for the Chinese communist party! He has been put up the smoking screen for the communist since when, 2001? Everyone can relax, he said, China would collapse so don't worry about it, according to the Chang.

  29. According to Gordon Change, China economy had been collapsed thirty years ago. Why it is still collapsing today?

  30. The day Gordon Chang predicts
    that China WILL NOT collapse,
    then l would worry that China IS
    going to collaspe. 🤗🤗🤗

  31. Gordan Chang in 2001: the Coming Collapse of China
    Gordan Chang in 2006: the Coming Collapse of China
    Gordan Chang in 2011: the Coming Collapse of China
    Gordan Chang in 2012: the Coming Collapse of China
    Gordan Chang in 2016: the Coming Collapse of China
    Gordan Chang in 2017: the Coming Collapse of China
    Gordan Chang in 2019: the Coming Collapse of China
    Me in 2019: What did you say again, Gordan?

  32. Gordon Chang is in trouble with his doomsaying again.
    It will be easier with the coming collapse of USA.
    😂😂😂😂

  33. Gordon Chang is the secret agent of Bureau of strategy fool you of PLA, our hero! He make the US politicians believe that China will collapse itself. This man deserved a medal

  34. Lmfao this guy is a CCP paid conman fooling dumb Americans about China imminent collapse 😂😂😂😂😂😂😂😂😂😂

  35. I saw a video called "Gordon Chang: China Headed for Crash in 6 Months", and it posted 6 years ago…

  36. Gordon is such a entertaining character… Love him. BTW: What is your latest prediction about China's collapse?

  37. Neil are you caught this guy a expert in Chinese economy this guy is simply a traitor and a liar that’s what he is

  38. NO DEAL with china. collapse is the only option. They will make a deal and then break it the next day. Words are wind.

  39. Gordon Chang you here been saying that for years and nothing has even slowed down the communist Chinese. Maybe TRUMP can end them once and for all and the real question is why are we trading with Communist Chinese thugs in the first place? And who's idea was it to make such a stupid mistake anyway, the pervert pedophile career criminal Bill Clinton?

  40. Well, if you say something long enough it will come true, in other news crazy homeless guy screams of end times, it's all crazy, till it's not.

  41. He kept saying that for years! He is not ashamed of his ridiculously far-off-the-mark prediction – sad sad clown indeed.

  42. Gordon Chang has been predicting the collapse of China's economy for many many times over many years, all wrong! I wonder why Fox still bother to allow him to air his views. Gordon Chang should go back to school to learn the fundamentals of economics again. No wonder Nathan Rich called him a Sad Clown of China.

  43. We live and learned, never support the trade from China, we can order things from Japan, South Korea, Vietnam, Philippines, Malaysia, Cambodia and other countries but no China anymore

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