The Greater Bay Area: Xi Jinping’s great dream? – VisualPolitik EN

Subscribe to The Global Herald in Google News

VisualPolitik EN published this video item, entitled “The Greater Bay Area: Xi Jinping’s great dream? – VisualPolitik EN” – below is their description.

Thanks to NordVPN for sponsoring today’s video. Go to https://NordVPN.com/visualpolitik to get a 2-year plan at a huge discount plus 4 months free. It’s risk free with Nord’s 30 day money-back guarantee!

Join the VisualPolitik community and support us on Patreon: https://www.patreon.com/VisualPolitik

The Greater Bay Area is a region in China that has become a real talking point, as it is a group of cities in the southeast of China, including Hong Kong, Macau and Shenzhen, which contribute approximately 12% of China’s GDP. If it were a country, it would be the 12th largest economic power in the world, surpassing countries like Spain or Australia. In addition, this region has the highest concentration of Fortune 500 companies in the Asian country. The problem is that while China has areas with immense growth, there are still regions that live in poverty.

On the other hand, Xi Jinping has encountered friction with the private sector because he fears that entrepreneurs are beginning to have a lot of power, for this reason, he stopped the market launch of one of the largest companies in China, and the GBA area could become a problem, because it attracts large and powerful entrepreneurs. So, why is this area so wealthy, what do they produce, what is Xi Jinping hoping to gain with his attacks on businessmen?

What about inequality in the country? Are we looking at a Chinese Silicon Valley? Is it a good idea? We tell you all about it in our video!

Script written by Alejandro Zubieta

Links of interest:

GBA Charts and Statistics

https://www.statista.com/topics/5333/greater-bay-area-in-china/

https://www.scmp.com/business/china-business/article/2186681/can-chinas-greater-bay-area-really-rival-likes-tokyo-new

https://www.rimisp.org/wp-content/files_mf/1473279216202_FH_Liao_YD_Wei.pdf

Xi Jinping vs Chinese private sector

https://time.com/6095560/china-common-prosperity/

https://www.tribuneindia.com/news/comment/reducing-income-gap-a-populist-move-by-xi-308949

https://www.bbc.com/mundo/noticias-internacional-58347221

VisualPolitik EN YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


Subscribe to The Global Herald in Google News

About This Source - VisualPolitik EN

VisualPolitik EN “talk about politics, economics and things that are happening all around the world.”

Recent from VisualPolitik EN:

  • Why has the PRICE of ENERGY skyrocketed? – VisualPolitik EN
  • The EU’s New Plan to Transform the Economy – VisualPolitik EN
  • TURKS vs SAUDIS: the FIGHT for the CONTROL of the MIDDLE EAST – VisualPolitik EN
  • In This Story: Hong Kong

    Hong Kong, officially the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR), is a metropolitan area and special administrative region of the People’s Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world.

    Hong Kong became a colony of the British Empire after the Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898. The whole territory was transferred to China in 1997. As a special administrative region, Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of “one country, two systems”.

    3 Recent Items: Hong Kong

  • Evergrande shares plunge as it braces for another debt deadline • FRANCE 24 English
  • WTA suspends tournaments in China over treatment of Peng Shuai
  • Carrie Lam: Mainland athletes’ visit boosts Hong Kong people’s national pride
  • In This Story: Spain

    Spain, a country on Europe’s Iberian Peninsula, includes 17 autonomous regions with diverse geography and cultures. Capital city Madrid is home to the Royal Palace and Prado museum, housing works by European masters. Segovia has a medieval castle (the Alcázar) and an intact Roman aqueduct. Catalonia’s capital, Barcelona, is defined by Antoni Gaudí’s whimsical modernist landmarks like the Sagrada Família church. 

    2 Recent Items: Spain

  • Live: Volcano on Spain’s La Palma Island continues to spew lava and ash
  • Tourists visit nativity scene sculpted out of sand in Gran Canaria, Spain
  • In This Story: Tokyo

    Tokyo, Japan’s busy capital, mixes the ultramodern and the traditional, from neon-lit skyscrapers to historic temples. The opulent Meiji Shinto Shrine is known for its towering gate and surrounding woods. The Imperial Palace sits amid large public gardens.

    2 Recent Items: Tokyo

  • Carrie Lam: Mainland athletes’ visit boosts Hong Kong people’s national pride
  • Shinzo Abe, Japan’s ex-leader says Tokyo and Washington will stand by Taiwan, angering Beijing
  • In This Story: XI Jinping

    Xi Jinping has been the President of China since 2013 and General Secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (CMC) since 2012.

    Books #Ad

    2 Recent Items: XI Jinping

  • China, Cyprus pledge to strengthen ties, cooperation
  • Xi Jinping stresses religions in China must be Chinese in orientation
  • Leave a Comment

    We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

    Posting....