China is in 300% DEBT, is it a CRITICAL LESSON for India? ECONOMIC CASE STUDY

Use this link to apply for up to 100% scholarships at the full-time PGP at Scaler School of Business - https://bit.ly/40EOI9A ⭐️ Think School’s flagship Communication course with live doubt sessions : https://thethinkschool.com/sp/communication-masterclass/ VIDEO INTRODUCTION: Ladies and gentlemen, after the United states of america, now its china that is sitting on the edge of a massive debt crisis!!! If you look at the highest debt-to-GDP ratio countries, You will see Japan, US, Greece, Italy, and others As compared to these countries if we see China’s official debt-to-GDP numbers it sits comfortably below 100% And You will call me a fool to say that China is in crisis Because while India is moving like snails, China is building more metro lines every year than India has ever built in its history!! Similarly, while The U.S. is still arguing about the budget for a single subway extension in NYC, China is building entire underground cities… And while China builds a skyscraper in 19 days. In the U.S., it takes 19 days just to get zoning approval. So most people would say that for a country that is so massively building its infrastructure, a debt below 100% of GDP seems fine!!! Right?? But wait… This is China we’re talking about. So there is always a hidden story!! What most people dont know is that, China today has 50 massive “ghost cities” where noone lives!! cinematic There Around 65 million housing units empty that are enough to house the entire population of France and local govt have even started delaying or decreasing salaries of their employees!! And when you go beyond the official numbers of china!! You will discover a hidden monster. Unofficial estimates state that China’s real debt-to-GDP is not below 100% its almost 300%!!! That’s three times higher than what Beijing admits. This isn’t just debt. Its a debt bomb that is ready to explode. So the question is How did this chinese debt bomb come into existence? What will happen if it explodes? Will china collapse due to this economic crisis? And what are the lessons that we need to learn from China’s growing debt crisis? . . . . Our Best Indian Business Case Studies: 1. Dhirubhai https://youtu.be/bSx6hDjALkQ?si=wE6PGMgiv7PpHdla 2. Milky mist https://youtu.be/-98fnc4VAo8?si=NtKHTWjvtr_9V8ne 3. Old Monk https://youtu.be/GQPymbqa08A?si=BXhcZhDPXt9wTxO4 4. Waaree https://youtu.be/T1PLEPTbXc4?si=3VbRKyBnd-3Trfqt 5. Blinkit https://youtu.be/OGs2YsqvWDg?si=bZ_AqkdGEsl2X3xW ✅Study Materials: https://economicsinsider.com/top-ten-countries-with-the-highest-debt-to-gdp-ratio/ https://www.ndtv.com/offbeat/why-china-has-over-50-ghost-cities-2032322 https://interestingengineering.com/culture/chinas-ghost-cities-and-its-65-million-empty-homes https://www.aljazeera.com/economy/2023/5/11/chinas-cash-strapped-local-governments-cant-pay-workers-on-time https://www.fidelityinternational.com/editorial/article/how-china-keeps-its-debt-in-order-e1feea-en5/#:~:text=If%20growth%20slows%20further%2C%20LGFVs,effectiveness%20when%20implementing%20support%20measures https://www.bloomberg.com/news/articles/2024-01-17/china-s-debt-to-gdp-ratio-rises-to-fresh-record-of-286-1 https://www.scmp.com/opinion/article/3307770/could-china-ever-learn-live-gdp-growth-less-5-cent?utm_source=chatgpt.com https://www.scmp.com/opinion/article/3307770/could-china-ever-learn-live-gdp-growth-less-5-cent?utm_source=chatgpt.com https://www.seafarerfunds.com/prevailing-winds/2019/04/chinas-hidden-government-debt/#:~:text=Establishing%20a%20balanced%20and%20sustainable,financing%20channels%20to%20raise%20funds Think School is a Digital School that we all deserved, but never had ►►Check out Think School's Online courses: https://www.thethinkschool.com #thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.