Chinese Economics Thread

[horse]

He is emblematic in so called China hands, just because he used to teaching in a Beijing university. I have seen so many of those China hands spreading falsehood about things Chinese. But then again, the flip is similar in that very few Chines inside China really understand the west. It took me more than 20 years to start understanding America. And I would not say I know America as well as generation Americans. Oh well

You should be commended.

Myself, I realized a decade ago, I was still fresh off the boat.

That will never change as long as I am here in Canada.

But that's okay. Half the country is fresh off the boat, but everyone still gets along well enough.

 

[Gatekeeper]

Funny picture but unfortunately Chinese netizens are allowed to use VPNs as long as they're using it for 'patriotic' reasons like spreading CCP's point of view. The control from the party is tight so writing anything bad about them can cost you a lot in real life. In this case it's 180 degrees opposite of what really happens and is allowed in PRC. Something like here where 80% of posts in the Member's Club Room are posted by anonymous users who had never posted any interesting info or had any kind of discussion about military matters in the other parts of the forum.

So you been here nearly 7 years, posted less than a thousand message. Getting even less reaction. And now you wite this. Writing this shows your ignorant view of the world.

Yeah saying anything bad is punished in China. Blah blah. Oh by the way if you dishonoured the flag in the U.S. and the U.K.. Guess what, you can be punished too.

And only this week, a woman in Thailand, the west' s allies jailed her for over 40 years for insulting the king! I guess that's alright. The west will still be allies. What about the Saudis? Oh the West will still sell arms to them. Where's the West standards? What's your point? Where's your meaningful contribution in the main threads?

Go and educate yourself before coming out here to show yourself up.

 

[weig2000]

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Never underestimate upcoming shupa pawah

Indian economists estimate that India's economy would shrink by 25% in FY 2020. So this projected 9.7% growth in 2021 over the 2020 baseline is actually pretty lousy, to put it mildly. Even if it is realized, India's economy would still be double digits down below the 2019 level.

By contrast, economists and analysts are forecasting China's GDP growth rate in Q1 2021 would be in the double digits territory, approaching 20% even, due to the low base in Q1 2020, which was down 6.8% from Q1 2019.

 

[AndrewS]

Indian economists estimate that India's economy would shrink by 25% in FY 2020. So this projected 9.7% growth in 2021 over the 2020 baseline is actually pretty lousy, to put it mildly. Even if it is realized, India's economy would still be double digits down below the 2019 level.

By contrast, economists and analysts are forecasting China's GDP growth rate in Q1 2021 would be in the double digits territory, approaching 20% even, due to the low base in Q1 2020, which was down 6.8% from Q1 2019.

Just for clarity, the Kumar estimate of negative 25% GDP growth for FY2021 (Apr2020-Mar2021) is not reflected in the official figures released by the Indian government.

Even if this estimate was overstated by 2x, that means GDP growth of negative 12.5%.
It would easily be the worse performance of any major country and would be a truly colossal disaster for an Indian economy presided by Modi.

Kumar, a former professor of economics at JNU, said the government's own document that provided April-June and July-September quarters GDP (gross domestic product) figures said there will be a revision in the data later on.

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[weig2000]

Just for clarity, the Kumar estimate of negative 25% GDP growth for FY2021 (Apr2020-Mar2021) is not reflected in the official figures released by the Indian government.

Even if this estimate was overstated by 2x, that means GDP growth of negative 12.5%.
It would easily be the worse performance of any major country and would be a truly colossal disaster for an Indian economy presided by Modi.

Fair enough. The point was that 9.7% growth, "the fast growing major economy" blah blah are just plainly deceiving. This kind of feel-good numbers are characteristically either made-in-India or made-for-India.

Regardless, most people believe India's economy will only recover to its pre-Covid level (2019) by 2022, when China will very likely become an around $20 trillion economy. It's a three-year loss for Indian economy.

 

[ZeEa5KPul]

Funny picture but unfortunately Chinese netizens are allowed to use VPNs as long as they're using it for 'patriotic' reasons like spreading CCP's point of view. The control from the party is tight so writing anything bad about them can cost you a lot in real life. In this case it's 180 degrees opposite of what really happens and is allowed in PRC. Something like here where 80% of posts in the Member's Club Room are posted by anonymous users who had never posted any interesting info or had any kind of discussion about military matters in the other parts of the forum.

I understand this is very frustrating to you. Rest assured that life has nothing but further humiliations and frustrations for you.

 

[B.I.B.]

So you been here nearly 7 years, posted less than a thousand message. Getting even less reaction. And now you wite this. Writing this shows your ignorant view of the world.

Yeah saying anything bad is punished in China. Blah blah. Oh by the way if you dishonoured the flag in the U.S. and the U.K.. Guess what, you can be punished too.

And only this week, a woman in Thailand, the west' s allies jailed her for over 40 years for insulting the king! I guess that's alright. The west will still be allies. What about the Saudis? Oh the West will still sell arms to them. Where's the West standards? What's your point? Where's your meaningful contribution in the main threads?

Janiz reminds me of the proverb "empty ships make the most noise"

 

[B.I.B.]

double post

 

[NiuBiDaRen]

Caijinglangyan explains RCEP and the China EU investment deal

 

[localizer]

I understand this is very frustrating to you. Rest assured that life has nothing but further humiliations and frustrations for you.

XD

he saying that some of us don't share shit about military

say I know things that isn't public, why the hell would I share? It would be a betrayal to my military family people. Every time they come visit me they have to leave early because the FBI is tailing them.



There's like 0 incentive for me to share insider knowledge of any sort for internet points.