Whose Economy is Better? China vs. Bharat | CA Rachana Ranade

"now you can imagine what will happen with because of this policy intervention China is going to now decrease key interest rates because of which money will be pumped into the system more and more money pumping into the system that will in fact lead to more and more inflation in the coming few months possible and this is not going to trouble only China this may again trouble the entire world."

"China is one of the largest property developers that is ever grant it has filed for bankruptcy protection in the United States believe it or not their debt figure stands to approximately 340 billion dollars and this is not going to impact only China's economy but it can also send potential shock waves to the global markets."

"China's youth unemployment rate that typically includes the age group of 16 to 24 that reached a record high of 21.3% in June"

"in July alone China's Yuan denominated loans Rose by 345.9 billion yuan that is less than half the amount from a year ago"

"as far as China is concerned July was the third month in a row where their where their shipments overseas have declined marking the sharpest fall since February 2020"

"overall investment in real estate in China has decreased to the tune of 8.5 percent as compared to the previous year"

"as far as China is concerned where the entire world is actually struggling with inflation right now China is seeing we are in deflation right now and that is the reason why to counter this deflation we are going to do certain policy interventions and that is the reason why they have cut the key interest rates for second time in the last three months"

"China is going to now decrease key interest rates because of which money will be pumped into the system more and more money pumping into the system that will in fact lead to more and more inflation in the coming few months possible and this is not going to trouble only China this may again trouble the entire world."

"Evergrande... their debt figure stands to approximately 340 billion dollars and this is not going to impact only China's economy but it can also send potential shock waves to the global markets."

"China has not been able to pass the previous all-time high in fact it is trading almost at a 38% discount to the previous all-time high."

"China's youth unemployment rate that typically includes the age group of 16 to 24 that reached a record high of 21.3% in June."

"overall investment in real estate in China has decreased to the tune of 8.5 percent as compared to the previous year."

"July was the third month in a row where their where their shipments overseas have declined marking the sharpest fall since February 2020."

"we clocked all time highest figures both in the category of exports merchandise and export services."

"first of all if I talk about April to June we grew at 7.8 percent vis-a-vis China grew at 6.3 percent but if I were to compare the previous quarter that is from Jan to March we grew at 6.1 percent whereas China grew at 4.5 percent."

"in July alone China's Yuan denominated loans Rose by 345.9 billion yuan that is less than half the amount from a year ago."

"we grew at 19.7 percent YOY, this is typically I'm talking about non-food bank credit but still we have grown at 19.7 percent but even if I were to remove the HDFC bank and HDFC limited merger still this figure stands at 14.8 percent."

"people in China are doing they are not really keen towards investing in stock market or mutual funds or real estate but instead of that they are giving more preference to something known as CDs and that can be seen with the fact that latest official data shows financial institutions issuing 5.5 trillion Yuan worth of long-term deposits known as Certificate of Deposits in the first quarter itself of this year."