This is one of the best podcasts on China I have listened to in a long time.

Gentleman thanks for your most informative, crystal clear discussion about China's economy free of the anti-China propaganda so common in the Western media. I was just in China and was completely "blown away" at the infrastructure and technological prowess. Restaurants and shops full of customers. Not quite what has been reported. I plan on going back in March and probably again in the Fall of 2024. China's success is the best revenge against its many detractors!

L-VG is always worth listening to: eloquent, informed, grounded. Great to hear his backstory in the intro.

A fantastic, honest and enlightening conversation

I recently had dinner with a cousin who works for TSMC in Taiwan who concurred with the reports that the company has had difficulty in finding engineers to staff its new Arizona operations. Not surprisingly there are not many American professionals willing to work the standard 12 hour work days, 6 days/week (996) typical of Taiwanese employees. He points out the differences in work culture and company expectations. Not what Biden and Congress had expected.

Thanks for the wonderful conversation, it's fun, honest and thought provoking. Please get him back more often...Gave is one of the least ideology-afflicted and most lucid insightful and honest investment guys out there🥰🥰🥰. Also Steve asks the most probing/re-focusing questions, and sometimes teases out the key points very timely for listeners as Gave immerses in his poetic piling up/framing--it's despairing when you know too much but have so limited time to say it.🥰

Excellent points all around. Regarding the higher youth unemployment rate, that explanation aligns with my own experience of Chinese families. If the kid attended college and is staying home and waiting for a white collar job, most likely their family is still well-off by Chinese standards. That means two parents, gainfully employed, and saving most of their money for their single child. That also means four grandparents, all gainfully employed and either still employed or retired with their pensions, also saving most of their money for their single grandchild (or ~2-3 grandchildren, if preceding the policy). That also means the kid can expect an inheritance not only of money but of their parents' property or properties, as well as their grandparents'. It is a challenge to provide more white collar jobs as China transitions to a higher-value jobs market, for sure, but it is by no means a cataclysmic event as so often portrayed in the west.

Great interview. Best I've heard on China since long. Aligns with my own experiences. In all the propaganda this is great

This guy has figured out many things 👍

Gave's opinions are so relevant to the whole issue of progress based on achievements of the Chinese students. Though those with preconceived ideas are really simpletons who either could not compete or simply racists. Based on all international "competitions" on STEM subjects, the Chinese students practically stole all the top medals and surely they will carry such knowledge to their workplace. Anywhere, I don't think the Chinese leadership is unduly concerned with the negative opinions circulated across the world, as they are getting the results they have projected especially in infrastructure and manufacturing.

Thanks. It is always a good listen to any of LV Gave's conversations.

Amazing interview 😳 More guys like this pls. Man what a based little podcast :)

As a tar heel family, I still can not accept the fact that Louis went to Duke， even though I like his ideas. All joking aside, one indicator of Chinese economics size is Chinese military spending vs their military size. China spends 1/3 of what US spends, but get a large and comparable military.

Can the host stop interrupting and let Louis finish????? What is the purpose of the interview? To interview or to express yourself? I am here to listen to Louis!

Great conversation, do that again and more often.

A very interesting and insightful discussion on US- China economy in particular and world affairs in general.👍

this is the most insightful western analysis of Chinese economy I have seen in many years and trust me I have read a lot about the subject.

While I am impressed with the deep insights of Monsieur Gave I would love to get some insight on actionable investment insights. Maybe another podcast or do I have to pay to subscribe to the Gave-Kal publications?

What a great podcast, thanks to the both of you!

Less interruption from the host would be gentlemanly

Thank you for this, love it.

Excellent analysis

Vincent is unique as a military man. Stud!

0:16: 🎙 The host interviews Louis Gave, who shares his colorful background and career trajectory from the French military to founding his own firm in Hong Kong. 6:50: 🎖 The video discusses the speaker's experience in the army, the valuable lessons learned, and a comparison between different types of rifles. 13:08: 🔫 The video discusses the use of different types of guns, the gun culture in America, and the founding of Gavekal in Hong Kong. 20:00: 📈 The video discusses the advantages of living in Hong Kong, the comparison between China and the West, and the growth of human capital in China. 27:03: 📈 The video discusses the impact of human capital, declining enrollment of Chinese students in US universities, and the real estate consolidation in China. 33:48: 🏢 The video discusses the challenges faced by the Chinese real estate market and the government's response to it. 40:51: 📈 The video discusses China's rapid growth in various industries and challenges the perception of IP theft in their technological advancements. 47:45: 📊 The video discusses the comparison of the Chinese and U.S. economies, focusing on nominal GDP and the differences in their manufacturing and service sectors. 54:44: 📈 The video discusses the impact of income distribution on consumption and the challenges faced by China as its economy grows. 1:01:41: 📈 The video discusses the impact of high college attendance, the effects of the one-child policy, and the rise of entrepreneurship in China, as well as the US trade surplus and debt obligations. 1:08:32: 📈 The video discusses the impact of the US budget deficits, geopolitical tensions, and China's strategic moves on the global economy and energy market. 1:15:37: 📈 The video discusses the potential impact of China's oil imports, the US deficit, and the risk of dollar depreciation on global financial markets. 1:22:32: 📉 The video discusses the impact of the bond bear market and offers strategies to protect portfolios against inflation and fiscal policies. Recap by Tammy AI

The founder of DJI dropped out of university. They are the most dominant manufacturing company worldwide in their area of manufacturing.

In China/HK….you have freedom back!!! You can live your life, hire a helper and get on with building your business up. I feel for those struggling middle aged females fighting on both business/career front and family raising in the west. They don’t know the alternative and safe environment of a place like HK. REAL Freedom

It was very interesting and informative video, thanks much.

The host is a bit annoying. He kept pushing the guest to agree which the him all the time!

Great discussion. For more on how China is growing, find Michael Hudson: US imperialism, Krugman, de-dollarization, socialism, Palestine, China.

My boy Ben Norton from Geopolitical Economy Report refrenced this analyst, that brought me here, really insightful perspective

The host needs to STOP interrupting the guest. Most annoying!

There's no competition in the sense that one is an economy and another is an economy with Chinese characteristics: different worlds!

Exceptional 😃🇨🇦🙏

Wish he can point out all the day trading that goes into American GDP.

You interrupt your guest too much; let your guest speak, isn't that the point of having him on your show?

Awesome

It would be a blessing for the USA for China to become a security grantor in ME

Good conversation, is it possible to activate the share tab?

Raising tax is not politically feasible, higher and longer inflation is the only way to cope with mounting public debt

Way too many commercials

Excellent video content. However, life swings like a pendulum…wants peace, not enough peace.. between 0 to 100% fair are 100% unfair, like wise, between 0 to 100 peace are 100% wars.

Good interview. Way too many commercials.

oil reserve - not so secret, the volume stored may be, but chines meedia has recently shown vlogs of the construction

1:26:39 - "I'm actually, I'm actually in Beijing. I'm actually in Beijing next week." -- That says it all.

Yes this make sense we have restaurant in Canary Wharf chinese Cooper hotpot restaurant and it been very quiet since Covid-19 we used have all Chinese students but very quiet now and not the student we used to have and what you say make sense

The U.S. is nothing without foreign born top researchers, scientists and suppler skilled people and vast majority of them are Chinese and other Asians. Although Most the innovations created in the U.S. are the results of hardworking by the Chinese, the Jews and white Americans took the credit. To the public, the Jews and white Americans pretend as if they are the ones who made the contribution to American society not the Chinese. Make things worse, in the U.S., the media and political parties constantly spread anti-China sentiments and discredit and suppress China’s success stories. All of these is to paint a dark and backward impression about the new China and to fool the world.

Dont forget china has faced us sanctions head on.

I wish Steve would talk less and let the guest talk more

This Louis French man is so rounded with knowledge that he can easily beat any Chinese not staying in China. He should go back to France and lead France to be number 1 of Europe.

Incomes don't follow a bell shaped curve. @56 minutes the guest goes into this discussion but his whole premise is flawed. Incomes don't follow a normal distribution. They follow a completely different curve called, the Pareto distribution. (Which also, as it turns out, has a completely different shape than the bell curve.)

The host keeps interrupting the guest too much, let him finish.

Nothing makes you focus as a vague command in the army and one idiot fires on the wrong direction.

I feel so offended when the asian host keeps digging into Gave's past life and not quickly getting to the topic of this video.

The host is constantly interrupting the guest. Very frustrating

I wish the host would shut up. The guest is saying things interesting and important.

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Too many fu cking adsss

Chinese Tofu dreg power plants for cheap? Are you insane? They can build it next to your family ok?

I don‘t see China catching up generally but in a few domains; afterall, ten times number of engineers don’t equate to 10 times innovation. It is a diversity of people and skills plus the environment conducive to open-minded exploration that bring about innovations.