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

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

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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

Xi Jinping vs Chinese private sector

VisualPolitik EN YouTube Channel

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