Chinese Economics Thread

[asta]

The article itself said China’s yearly growth in 2021 is predicted to be at 8% even given these pressure. What’s

Economic momentum matters. China weakened substantially in 2H2021 and carrying that over to 2022 and beyond, that means China’s Y/Y growth rates will never again peak above 3% and it will never surpass the United States, esp. with the impending financial crisis and debt overhang, the demographic crisis, the energy crisis, the environmental crisis, among others.

 

[Overbom]

that means China’s Y/Y growth rates will never again peak above 3%

SleepyStudent dont you ever feel tired saying the same thing and always keep proven wrong?
Are you Gordon Chang's disciple?

 

[Topazchen]

Economic momentum matters. China weakened substantially in 2H2021 and carrying that over to 2022 and beyond, that means China’s Y/Y growth rates will never again peak above 3% and it will never surpass the United States, esp. with the impending financial crisis and debt overhang, the demographic crisis, the energy crisis, the environmental crisis, among others.

OK Sleepy. Is this some top secret only you know or are the guys in Washington aware so that they can stop these expensive and ineffective containment measures against China they are trying?

Let them order the finest wine as China will implode soon and America is destined to be number 1 forever.

 

[j17wang]

Economic momentum matters. China weakened substantially in 2H2021 and carrying that over to 2022 and beyond, that means China’s Y/Y growth rates will never again peak above 3% and it will never surpass the United States, esp. with the impending financial crisis and debt overhang, the demographic crisis, the energy crisis, the environmental crisis, among others.

LOL. I hope the CIA is paying you well for your posts. Either way, AmeriKKa number one.

 

[Tam]

Economic momentum matters. China weakened substantially in 2H2021 and carrying that over to 2022 and beyond, that means China’s Y/Y growth rates will never again peak above 3% and it will never surpass the United States, esp. with the impending financial crisis and debt overhang, the demographic crisis, the energy crisis, the environmental crisis, among others.

Nah, it will rebound, given that the US, and everyone else's manufacturing has deteriorated further, increasing addiction and dependency on China for the most basic of needs. For example, the supply of plastic bottles to put food in.

The fact that China is willing to put brakes in its economy shows that it already has basically recovered, achieving its primary goal, and moving on to the next goals, such as adjusting the economy and achieving greater social equality. The US alone lost over 5 million people from its voluntary labor force alone in August. That is a staggering number. There are shortages everywhere from fast foods to groceries to supermarket chains, and stores cannot get their inventory. The US alone is estimated to need over 70,000 additional truck drivers, whose average age now in the US is at 55 years of age.

In due, China's economy has already long past the US sometime ago in the real world and all things that really counts, like a GDP that is actually based on making things, not because your GDP is 70% consumer consumption. Its not as much as China overtaking the US, but the US is falling down while China is climbing up.

 

[asta]

Nah, it will rebound, given that the US, and everyone else's manufacturing has deteriorated further, increasing addiction and dependency on China for the most basic of needs. For example, the supply of plastic bottles to put food in.

Wrong. US business investment and industrial prodicution are increasing quite rapidly.

The fact that China is willing to put brakes in its economy shows that it already has basically recovered, achieving its primary goal, and moving on to the next goals, such as adjusting the economy and achieving greater social equality.

Then why did the NBS say that China’s recovery was on shaky grounds?

The US alone lost over 5 million people from its voluntary labor force alone in August. That is a staggering number.

It also shows a very tight US labor market, which will increase wages, standards of living and consumption.

There are shortages everywhere from fast foods to groceries to supermarket chains, and stores cannot get their inventory. The US alone is estimated to need over 70,000 additional truck drivers, whose average age now in the US is at 55 years of age.

70,000? That’s 1/10th of a Congressional District

 

[Fedupwithlies]

Economic momentum matters. China weakened substantially in 2H2021 and carrying that over to 2022 and beyond, that means China’s Y/Y growth rates will never again peak above 3% and it will never surpass the United States, esp. with the impending financial crisis and debt overhang, the demographic crisis, the energy crisis, the environmental crisis, among others.

a significant amount of americans will be dealing with long covid. they will be a drain on the american economy for a while, because the ones who are suffering from it were in their prime, poorly educated and with large families to feed. the lucky ones died. the unlucky ones will watch their children starve and freeze to death as they struggle to breath every day, regretting not taking covid seriously. meanwhile fat cats in their private jets and private yachts cut health benefits and watch their stock prices go ever upward, and then stupid "economists" from ivy league schools they never deserved to get into through merit but got in anyways through nepotism write articles crowing about the strength of the american economy. while the homeless pile up in the streets below, while the sick pile up in the hospitals, and black people are enslaved and shot openly on the streets.

yea, the US is great.
get fucked.

 

[asta]

OK Sleepy. Is this some top secret only you know or are the guys in Washington aware so that they can stop these expensive and ineffective containment measures against China they are trying?

No. Washington has substantial resources and the US likes to beat adversaries into the ground. That’s why the Cold War only ended after Russia had many many years of double digit economic contractions.

Let them order the finest wine as China will implode soon and America is destined to be number 1 forever.

China’s economy has already shown substantial signs of weakening in real estate, energy/industrial production and financial stability with such trends only deteriorating in the upcoming few quarters.

 

[Tam]

Wrong. US business investment and industrial prodicution are increasing quite rapidly.

Then why did the NBS say that China’s recovery was on shaky grounds?

It also shows a very tight US labor market, which will increase wages, standards of living and consumption.

70,000? That’s 1/10th of a Congressional District

Nope.

Truck driver labor force is rapidly aging. You have over a million containers in US ports back logged because no one can deliver them.

Wage increase will increase inflation. Inflation is already decreasing standard of living, and will eventually lead to big deflation when consumers cannot afford the goods and stop buying.

You don't have productivity increase.

 

[Tam]

SleepyStudent dont you ever feel tired saying the same thing and always keep proven wrong?
Are you Gordon Chang's disciple?

That's because he's a loser.