"China's economy is in a deflationary collapse." That's what they all said.

Video Description

Western media outlets, Wall Street, and Silicon Valley are belatedly coming to the same conclusion: years of falling asset prices and cost of living has made China the most competitive economy in the world. Our top government officials, industry leaders, and columnists were predicting a collapse in China, because they completely misunderstood the long-term policy implications of falling costs across a modern economy. China was the only major economy to see long-term deflation in recent years, and the costs of housing, commercial rent, food, electricity, travel, and education were pushed lower because of soaring industrial productivity and efficiency gains. Now China is reaping the benefits of building a ruthlessly cost-competitive economy that dominates in most areas of manufacturing, raw materials sourcing, high technology, logistics, education, and health. Closing scene, Blue Moon Valley, Lijiang, Yunnan Resources and links: Washington Post, China’s economic woes may leave U.S. and others all but unscathed https://www.washingtonpost.com/business/2023/09/04/china-global-economy/ Bloomberg, China’s ‘Engineer Dividend’ Is Paying Off Big Time https://www.bloomberg.com/opinion/articles/2025-03-24/china-s-engineer-dividend-is-paying-off-big-time South China Morning Post, Opinion | China’s economic successes are reshaping the Western media narrative https://www.scmp.com/opinion/china-opinion/article/3302803/chinas-economic-successes-are-reshaping-western-media-narrative Americans’ Trust In Mass Media Hits All-Time Low https://www.gulf-insider.com/americans-trust-in-mass-media-hits-record-low/ Americans' Trust in Media Remains at Trend Low https://news.gallup.com/poll/651977/americans-trust-media-remains-trend-low.aspx WaPo, Chinese naval modernization may be aided by foreign firms, report says https://www.washingtonpost.com/world/2025/03/12/chinese-shipbuilding-military-national-security WaPo, The Chinese economy is faltering — and that means more trade tensions https://www.washingtonpost.com/world/2024/09/20/chinese-economy-slowdown-real-estate-crisis/ WaPo, China’s model is failing. The world should pay attention. https://www.washingtonpost.com/opinions/2023/09/08/xi-jinping-china-economy-model-failing/ WaPo, China is trying to fix its economy — except the real problem https://www.washingtonpost.com/opinions/2024/10/16/china-deflation-consumption-economy/ China’s universities just grabbed 6 of the top 10 spots in one worldwide science ranking – without changing a thing https://theconversation.com/chinas-universities-just-grabbed-6-of-the-top-10-spots-in-one-worldwide-science-ranking-without-changing-a-thing-222956 Why Is China Still the World’s Largest Auto Parts Production Base? https://alsettevs.com/why-is-china-still-the-worlds-largest-auto-parts-production-base Leading exporting countries of furniture worldwide in 2023 https://www.statista.com/statistics/1053231/furniture-leading-exporters-worldwide Comparing College in China to US College Admissions https://www.collegeadvisor.com/resources/college-in-china/ SCMP, Shenzhen showers AI companies, workers with cash to boost local industry https://www.scmp.com/tech/big-tech/article/3291602/shenzhen-showers-ai-companies-workers-cash-boost-local-industry Bloomberg, Chinese Trade Surplus Soars to $1 Trillion Ahead of Trump Return https://www.bloomberg.com/news/articles/2025-01-13/chinese-exports-rise-to-record-ahead-of-looming-trump-tariffs AP, Falling prices signal bigger troubles ahead for China’s economy https://apnews.com/article/china-economy-deflation-housing-congress-36d116f4657aa3064882af9b2dd57b14