How the CCP ‘Killed Off Its Future’: Steven Mosher
American Thought Leaders
The Epoch Times
4.9 • 1.2K Ratings
🗓️ 27 October 2023
⏱️ 55 minutes
🧾️ Download transcript
Summary
“The Chinese Communist Party's real estate sector is in the process of collapsing right now … The real estate sector, the property sector of the Chinese economy is about 60 percent of the economy, it's where much of the wealth of the Chinese people is invested. And that wealth is going to disappear overnight.”
To understand the root causes of China’s economic crisis and what its impact will be, I sit down with China expert Steven Mosher, president of the Population Research Institute.
Besides its economic woes, China is also facing a demographic disaster. Even though the One-Child Policy has ended and the Chinese regime is desperately trying to encourage pregnancies, “there’s no way out of that demographic trap that the Chinese Communist Party has set for the Chinese people,” Mr. Mosher says.
“Regardless of what mix of economic incentives the government puts in place, regardless of how much they lower the interest rates or try to subsidize exports or engage in any of the other things that they would like to do, they can't make up for 400 million missing people.”
Transcript
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| 0:00.0 | The real estate sector, the property sector, the Chinese economy is about 60% of the |
| 0:03.7 | economy. It's where much of the wealth of the Chinese people is invested. And that |
| 0:08.1 | wealth is going to disappear overnight. |
| 0:10.0 | To understand China's economic and demographic crises, I sit down with China expert Steven |
| 0:15.6 | Moser, president of the Population Research Institute. |
| 0:18.9 | Now how do you create a labor shortage in the most popular country on earth? Well, killing |
| 0:23.7 | all 400 million people will pretty much put you in that position. There's no way out. |
| 0:29.0 | Will the Chinese Communist Party start forcing women in China to bear children? This is |
| 0:34.2 | American Thought Leaders, and I'm Yanyi Kellek. |
| 0:39.3 | Steven Moser, such a pleasure to have you back on American Thought Leaders. |
| 0:42.9 | That's good to be with you today, Yann. You do important work. |
| 0:47.8 | Well, I appreciate that, and it really has been way too long since we spoke last. I believe |
| 0:54.2 | it's actually been four years since you've been on the show. You were actually one of |
| 0:58.5 | the earlier guests on the show in American Thought Leaders first began back in 2019. |
| 1:05.7 | One of the things we talked about is your area of expertise, which is some of the demographic |
| 1:11.7 | realities around China and Chinese Communist Party policy. We're going to talk about that |
| 1:17.4 | today, but let's talk about how this intersects with the current, you know, harsh, harsh realities |
| 1:22.9 | of the real estate market. Let's start there. |
| 1:27.0 | Well, the Chinese Communist Party's real estate sector is in the process of collapsing |
| 1:32.1 | right now, and it's collapsed, of course, is taken longer than some of us thought. But |
| 1:37.6 | when it happens, and it's beginning to happen now, it will take place much more quickly |
| 1:43.3 | than anyone anticipated, the real estate sector, the property sector, the Chinese economy, |
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