Why does MACAU want to become the NASDAQ of CHINA? (with Xi Jinping’s support) - VisualPolitik EN
Check out our brand new channel, Visual Academy: https://www.youtube.com/channel/UC00VXLPfLevjlZUhb3XkDhQ
Macau, a former Portuguese colony located at the mouth of the Pearl River on the southeast coast of China, just 60 km, less than 40 miles from Hong Kong, has become one of the richest and most prosperous places on earth over the last two decades.
With a per capita GDP of about $77,000 in 2019, Macau was the richest territory in the whole Asian continent and the fourth in the whole world, only behind Monaco, Liechtenstein and Luxembourg.
However, the fortunes - never better - of this small city changed completely in 2020. During that year, the COVID-19 pandemic caused Macau's economy to suffer what is perhaps the biggest recession in history. In a few months the GDP of this city shrank by more than 50%.
And that has made us at VisualPolitik ask ourselves a few questions: What is happening with Macau's economy? Why has the coronavirus had such a big impact here? What explains the wild decrease of more than 50% of the GDP? What plans does China have for this small territory? In this video we tell you all the details.
Support us on Patreon!
https://www.patreon.com/VisualPolitik
And don't forget to visit our friend’s podcast, Reconsider Media:
https://www.reconsidermedia.com/
Видео Why does MACAU want to become the NASDAQ of CHINA? (with Xi Jinping’s support) - VisualPolitik EN канала VisualPolitik EN
Macau, a former Portuguese colony located at the mouth of the Pearl River on the southeast coast of China, just 60 km, less than 40 miles from Hong Kong, has become one of the richest and most prosperous places on earth over the last two decades.
With a per capita GDP of about $77,000 in 2019, Macau was the richest territory in the whole Asian continent and the fourth in the whole world, only behind Monaco, Liechtenstein and Luxembourg.
However, the fortunes - never better - of this small city changed completely in 2020. During that year, the COVID-19 pandemic caused Macau's economy to suffer what is perhaps the biggest recession in history. In a few months the GDP of this city shrank by more than 50%.
And that has made us at VisualPolitik ask ourselves a few questions: What is happening with Macau's economy? Why has the coronavirus had such a big impact here? What explains the wild decrease of more than 50% of the GDP? What plans does China have for this small territory? In this video we tell you all the details.
Support us on Patreon!
https://www.patreon.com/VisualPolitik
And don't forget to visit our friend’s podcast, Reconsider Media:
https://www.reconsidermedia.com/
Видео Why does MACAU want to become the NASDAQ of CHINA? (with Xi Jinping’s support) - VisualPolitik EN канала VisualPolitik EN
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
The eternal DISPUTE for the uninhabited ISLANDS that keeps JAPAN awake - VisualPolitik ENWhy is INDIA the 2nd biggest SOFTWARE Power in the WORLD? - VisualPolitik ENThis is China: Episode 1 of the Hong Kong-Zhuhai-Macao BridgeThe CPC: What is the future of the CPC?The Truth Why We Can't Travel Faster Than LightANTITRUST cases: The key points to the FINES Against GOOGLE - VisualPolitik ENWorld's Future MEGAPROJECTSThe Collapse of Pensions in Spain: A new financial crisis for Europe? - VisualPolitik ENWhat is Sanxingdui? Back to the lost civilization of 3000 years agoWhy Do Americans Live In China? | STREET INTERVIEWBetting on Macau - Counting the CostWho Owns New Zealand Now?China: Time of Xi (Episode 3) - All AboardWhy is QATAR the RICHEST Country on EARTH? - VisualPolitik ENThis is China: Episode 2 of Hong Kong-Zhuhai-Macao BridgeThe New Silk Road: Ambition and Opportunity | CNBCCan Nio Become The Tesla Of China?The new chinese world order - VPRO documentary - 2016The biggest AVIATION CRISIS: the sector MOST DAMAGED by the CORONAVIRUS - VisualPolitik ENThe Next Global Superpowers Are Racing For Future World Domination