Chinese Economics Thread


ansy1968

Major
Registered Member
Its good that the disciple follows his Master's teachings so well. Please continue like that and teach your junior brothers this unique skill of yours

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@Overbom bro Instead of China it should be "THE COMING COLLAPSE OF AMERICA", all his prediction and what he wrote in his book had already occurred in the US....lol twice this decade they experiences an economic collapse and China having save the US in the first and getting burned will be more circumspect this time around and let the US collapse. Let's see whose the boss. :cool:
 

AndrewS

Colonel
Registered Member
Okay so? The US has sanctioned one thirds of the world’s population (China, Russia, Myanmar, Venezuela, Cambodia, Cuba, North Korea, Iran, Iraq, Syria, Sudan, South Sudan, DRC, Angola, Belarus, Hong Kong) And has another third as its slaves (Canada, Australia, New Zealand, Singapore, Latin America ex-Cuba and ex-Venezuela, European Union, India, Japan, and South Korea). When you have such an overwhelmingly favorable power distribution, additional GDP acquired from poor rural Chinese people surviving and buying basic life necessities is negligible.

Compare like with like. Soviet GDP (PPP) was probably substantively higher than Soviet GNP since lower productivity countries have higher PPP multipliers. PPP, in effect, removes Baumol’s disease but in by doing that, the productivity differentials from technology in two countries are erased.

China running a balanced budget during an economic slowdown. Soon to be like Southern Europe with declining GDPPCs due to austerity.


So why isn’t China using it even as Y/Y growth rates fall behind the US?

So the result now is stagflation in the USA, with 1% growth + 5% inflation

US headline growth is always real only. So more like 5% growth, 5% inflation. Stock market isn’t in a bubble once you consider low interest rates and how much the US economy will soar once certain (eminent) reforms will pass.

2 points

1. There's no point in the Chinese government pumping in huge amounts of money if there are supply bottlenecks.
You only get inflation, overheating and asset bubbles, without any extra real production. That should be obvious.
And these global supply bottlenecks are due to record levels of Chinese production and exports - because of all the money printing in the USA and Europe.

2. China is currently at $28 Trillion in PPP terms, which is larger than the USA. The Australian government white papers have the Chinese economy becoming twice the size of the USA in the 2030-2035 timeframe. That means a Chinese population approaching high-income levels. Plus if you insist on calling US Allies its "slaves", shouldn't those slaves rise up one day?

The 2017 Australian Government Foreign Policy White Paper
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The 2016 Australia Government Defence White Paper
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Growth Rates for 3Q2021
3Q Q/Q (China): +0.2%
3Q Q/Q (USA): +0.3%
US growth rates are faster

3Q Y/Y (China): +4.9%
3Q Y/Y (USA): +7.9%
US growth rates are faster
First of all, 2021 Q3 numbers for the US are not out yet.

Secondly, China's Q3 2020 was a 4.9% while America's was a -2.9% and those figures you posted are year-on-year, so China is already out normalizing growth while the US is still in recovery from a recession quarter. The momentum from numbers are not comparable even if they were true, which they are not because the US numbers aren't out yet.

These 2 charts will never stop haunting you or your happless fantasies, Sleepy, because they show the big picture, that China grows much faster and weathers the pandemic much better than the US.
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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.
What it likes, what it can do, and what you would like to imagine are different things. The US would like to beat China down, but it can't; contrary to the Soviets, the Chinese economy consistently outperforms the US economy. The US never dared to beat anybody into the ground except small weak nations and even then, it doesn't always go well, like in Afghanistan; with large powers like the Soviets, the US doesn't dare touch them but got lucky that they suck at economic management, a problem that China doesn't have. Your poor bully fantasy doesn't stand.
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.
Is shows signs of "weakening" and "strengthening" all the time according to Western jump scare analysts but the only solid trajectory is China being the fastest growing major economy every year. The next few quarters are always what China bears talk about because only in their imagination can China deterioriate.
 
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Cyclist

Junior Member
Talking about China's collapse is quite a daydreaming. When China was poor, China did not collapse and China is a much more richer nation now, yes, the growth will slow, but talking about China's collapse is still very far from reality. People from outside China underestimate Chinese people have a very strong bond. Example this, even Mao Zedong and Chiang Kai-shek disagreed on a lot of things, they still want to maintain one China that is strong and prosperous.

 
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ZeEa5KPul

Senior Member
Registered Member
Eh, GDPNow is generally spot on, esp. 18 days after the quarter has ended.

The momentum is Q/Q of which US 0.3% is higher than China's 0.2%.

What? China grew faster in the past, it is now tripping up and the US will trip it up even more. Sounds good.

Huawei would like to differ. The MFA would like to differ - why else would they ask Wendy Sherman to drop the tariffs and sanctions?

The US didn't touch the USSR except encircling it and fighting it in proxy wars and by infiltrating it in politics and installing Gorbachev, the idiot to absolutely wreck it. China can't do macro either: Evergrade, financial stability, random business crackdowns and the energy & demographic crises.

And that spread has been steadily decreasing.

Wrong
Hey, Sleepystudent, China is going to crush America economically, politically, scientifically, technologically, militarily, culturally, demographically, and every single other way anyone can imagine. You know why? Because it's even more persistent than you are.
 
Eh, GDPNow is generally spot on, esp. 18 days after the quarter has ended.
Wait for official numbers.
The momentum is Q/Q of which US 0.3% is higher than China's 0.2%.
No, recovery momentum cannot be compared to regular growth momentum. At this point, I don't believe that even you can fail to understand. You just pretend to not understand in order to protect your false point.
What? China grew faster in the past, it is now tripping up and the US will trip it up even more. Sounds good.
Sounds wrong. Sounds like you can't read charts. All Chinese recovery curves are higher than US recovery curves. All Chinese normal growth curves are higher than US normal growth curves. Only when you facetiously compare US recovery curves to Chinese normal growth curves can you make up a story for the uneducated to distort the truth.
Huawei would like to differ.
They would not. They are building their own fabs and domesticating away from all US supply lines. They wanted to crush Huawei, but they only managed to set Huawei on the right track, away from being a Chinese Apple that cobbles foreign parts together for profit, towards a Samsung that innovates domestic technology. Your imagination would like to differ.
The MFA would like to differ - why else would they ask Wendy Sherman to drop the tariffs and sanctions?
Sherman wants to talk. The US trade rep, Tai said that the US and China need to recouple. MFA wants to make unmeetable demands for those talks. It's not just dropping tariffs or sanctions; the demands are to drop every piece of American hostility against China. The US wants to crawl out of the trade war it started; it's not so easy.
The US didn't touch the USSR except encircling it and fighting it in proxy wars and by infiltrating it in politics and installing Gorbachev, the idiot to absolutely wreck it.
Yeah, like I said, the US didn't touch the USSR, but the USSR collapsed from poor management.
China can't do macro either: Evergrade
Small compared to the defaults in the West. It shows Chinese management being sharp and nixing things before they become big problems, unlike the US, which sweeps problems under the rug until they explode into financial crisis.
, financial stability,
Better growth stability and higher growth, as shown in those 2 charts.
random business crackdowns
Random to people who lack understanding, but they protect China and the Chinese people from monopolies
and the energy
It's blip and the Chinese economy still grows faster than America's because China's growing on growth while the US is still recovering from a hole.
& demographic crises.
China still has far more young people and far more STEM talent than the US. And the 3 child policy has been implemented. China's demographic "crisis" is another boot that the US will wait for forever to drop, just like the "hard landing" a few years back.
And that spread has been steadily decreasing.
It's been decreasing for literlly 5 times now in the US, before it rose again each time. But that's bad for the US according to you, right, because you said that COVID is good for the US economy LOLOL So is it bad or good?

You wanna see competence? There was 1 decrease in China, then never again in significant numbers. America's decrease is like 200,000 cases a days to100,000; deaths from 2,600 to 1,700. China's is like 45 cases to 23 cases, deaths... basically zero since the initial outbreak. Big picture, Sleepy, not small isolated claims for distortion.
LOL That's all? Go back to sleep; you need more energy.
 
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