Chinese Economics Thread

Anlsvrthng

Captain
Registered Member
I can't explain the same things over and over. There is no transfer in China; there is growth. Europe can do the transfer all night and all day. China just grows so both the rich and poor get richer.

Again, it setting hard upper limit to the growth.

To achieve the same level of living like in the USA China has to increase way more the overall efficiency than the USA - simply because the high investment representing the wealthy share of GDP ,so the consumers has to use the leftover part.

Interesting , there is new data on tradingeconomics.

Household debt to gdp 49.3%.
2.4% growth in 2017 , 5.6% growth in 2016.

The 5.6% debt caused roughly 5% growth in consumption.

You have clearly never worked in a team before. This is so basic, it's insane that I have to explain this to an adult, if you are one. Teams must have leaders, sometimes several layers of leaders analogous to a hierarchy of the ruling elite. I have never seen a team without leadership featuring just 100 people with different opinions arguing with each other and doing their thing before. They will never coordinate themselves to achieve anything.

The brightest of these is called the CEO and he can have 100 or 1000 or 10,000 people working for him. This is how all companies work. And obviously, he needs to understand the main aspects. They do in real life. I never said use someone who doesn't understand the business to be the leader. This concept is so basic that having to explain it is like talking to a child with no experience in the world...

If it's next to impossible for a central government, then it's actually impossible for a mob to achieve this. You have a group of 1,000 opinionated people confused with 1,000 ants. People don't work like that.

Who's we? Most importantly, I have previously laid out that every government in the world uses the ruling elite to command the masses. What is an example of your ideal model? Right now, it looks like you want a country with no leaders and everyone doing their own thing. In your imagination, they will work like ants and achieve a new level of efficiency. If this is what you mean, this is total fantasy land and I'm clearly wasting my time talking to a crazy person.

Interesting, this is the way as a typical Chinese company works?
It explain the inferior performance of the Chinese economy compared to even the eastern European economies.
In the UK there is lower level of hierarchy than say in eastern Europe. I presume in China there is stronger culture of rigid hierarchy than say in Slovakia.

Anyway , if we consider the CCCP, then it had 8 leader , two of them was absolute and unmitigated disaster. Not because they wasn't intelligent, but because Stalin was psycho, Gorbachev was an unrealistic idealist, making as much damage to the population of CCCP like Stalin.

If we take USA and consider it as one of the most successful economy during the 20th century (without considering the geographic advantages) it is still easy to spot the serious deficiencies of the political class.

Starting example with the first world war, if the population had any world they would say NO to the war - and save lot of USA citizen life, and paving the road for higher level of living than now.

And from the last four US president they have Bush ,who started wars that cost few %/year USA GDP, best part due to personal reasons.
If the USA citizens have they word they would say NO for those wars.

And the list is endless, the exception is when there is same useful leader, regardless of the method of choosing.

The USA and Europe has an advantage not because of the elections, but because of the robust legal /governmental systems.

Anyway, other example , the VAT in every country a random number, kept for decades on the same level, and usually same whole number , or easy to calculate number.
Easy to point out that the reason of the tax % is not its optimal value for the economy, but due to the limited capability of lawmakers to assess/change the tax rate with the evolving need of economy.

And we ( mankind ) has now the necessary tools to do mass voting on national level, for negligible cost.

The typical government systems around the world set up for reasonable cost, but now the cost shifted.
It doesn't cost an once per week referendum % points from the GDP.


And I think the mass voting can works for China, over there no political party that interested in the status quo of the gamed elections / corrupt legalisation, and the established referendum culture can avoid Gorbachev or Stalin like disasters.
 

manqiangrexue

Brigadier
Again, it setting hard upper limit to the growth.
Stop saying "again." You never said this before and nobody ever asked you to set an upper limit on growth. There is no such thing.
To achieve the same level of living like in the USA China has to increase way more the overall efficiency than the USA - simply because the high investment representing the wealthy share of GDP ,so the consumers has to use the leftover part.
So the Chinese must increase GDP and thus increase per capita GDP. Everybody knew this.
Interesting , there is new data on tradingeconomics.

Household debt to gdp 49.3%.
2.4% growth in 2017 , 5.6% growth in 2016.

The 5.6% debt caused roughly 5% growth in consumption.
Good stuff, the debt expansion rate was more than cut in half and is still far below Western levels. Good job for the CCP!
Interesting, this is the way as a typical Chinese company works?
That's how every company works. It makes you sound like you've never had a job.
It explain the inferior performance of the Chinese economy compared to even the eastern European economies.
In the UK there is lower level of hierarchy than say in eastern Europe. I presume in China there is stronger culture of rigid hierarchy than say in Slovakia.
You have things ass-backwards as usual. Eastern European companies and economies are the weakest and least efficient; nobody cares about them in the world. UK companies are better. Chinese companies shake the earth and are feared in every country by the host companies. Eastern European companies...Antonov? LOL I really can't name even one in consumer goods.
Anyway , if we consider the CCCP, then it had 8 leader , two of them was absolute and unmitigated disaster. Not because they wasn't intelligent, but because Stalin was psycho, Gorbachev was an unrealistic idealist, making as much damage to the population of CCCP like Stalin.
Yeah, plenty of examples of good leaders and bad leaders in history. No point in your ramble.
If we take USA and consider it as one of the most successful economy during the 20th century (without considering the geographic advantages) it is still easy to spot the serious deficiencies of the political class.

Starting example with the first world war, if the population had any world they would say NO to the war - and save lot of USA citizen life, and paving the road for higher level of living than now.

And from the last four US president they have Bush ,who started wars that cost few %/year USA GDP, best part due to personal reasons.
If the USA citizens have they word they would say NO for those wars.

And the list is endless, the exception is when there is same useful leader, regardless of the method of choosing.

The USA and Europe has an advantage not because of the elections, but because of the robust legal /governmental systems.
You are disproving your earlier example that American citizens have more non-voting political power than do the Chinese. Your paragraph just showed that Americans can't do anything and their government will do as they please.
Anyway, other example , the VAT in every country a random number, kept for decades on the same level, and usually same whole number , or easy to calculate number.
Easy to point out that the reason of the tax % is not its optimal value for the economy, but due to the limited capability of lawmakers to assess/change the tax rate with the evolving need of economy.
VAT is not a random number LOL. Lots of math went into calculating each one; just because you don't understand does not make it random. And also, there's no pertinent point in that sentence.
And we ( mankind ) has now the necessary tools to do mass voting on national level, for negligible cost.
The typical government systems around the world set up for reasonable cost, but now the cost shifted.
It doesn't cost an once per week referendum % points from the GDP.
You always show your ignorance. The cost for mass voting is insanely high, from campaigning to security, to venue fees, employment for the event, manual counting, time off for voting, etc... All that and in the end, it gets hacked by another country? No thanks! Very very expensive, and no good result. Rather put that money into the military.
And I think the mass voting can works for China, over there no political party that interested in the status quo of the gamed elections / corrupt legalisation, and the established referendum culture can avoid Gorbachev or Stalin like disasters.
I very much like how you added "I think" to the beginning of the sentence, because as your opinion, it is true. But in the real world, most believe it is false, and it's not going to be tested because the current system in China is punching away at a glorious clip. Changing that up to spend billions of dollars so angry uneducated mobs with the help of hostile foreign hacking can vote in con-men is not the way China wants to go. So... do whatever you want with your own country but in China, nobody cares what you think.

Hey, have you found one real life working model for your style of government yet? We're still just completely talking about your imagination as far as I can tell.
 
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taxiya

Brigadier
Registered Member
The "mass voting being a good thing" is the most outstanding "funny" statement. A whole nation vote for every tinny details of governance will only paralyze the decision making. It will be the worst method in human history. It won't even work for a family of 4 (parents and two children), let alone a country in millions or billions. It will only lead to endless of deadlock when there is a 50/50% on every tinny thing.
The mass voting of millions people is certainly more likely to run in 50/50 than a parliament of few hundreds people.

The proposer should try it in his/her own country first to lead the way. China can watch and decide later, better to see others sink their boat than seeing China sink.
 

B.I.B.

Captain
Chinese companies shake the earth and are feared in every country by the host companies. Eastern European companies...Antonov? LOL I really can't name even one in consumer goods.
Czech company
Skoda Auto? Although I think its part of the Volkswagen Group.Its a big earner for the country.
 

manqiangrexue

Brigadier
Czech company
Skoda Auto? Although I think its part of the Volkswagen Group.Its a big earner for the country.
Cool. Never heard of it. I know Volkswagon, but not Skoda. Been car-shopping in the US more than once now and never saw a Skoda dealer before or a Skoda model car rollin' down the street. So if Skoda makes cars, I guess they don't have the confidence to put their name on it, which is why I've never heard of them.
 

Hendrik_2000

Lieutenant General
Cool. Never heard of it. I know Volkswagon, but not Skoda. Been car-shopping in the US more than once now and never saw a Skoda dealer before or a Skoda model car rollin' down the street. So if Skoda makes cars, I guess they don't have the confidence to put their name on it, which is why I've never heard of them.

Skoda is an old name They have been around for a long time It was popular in SEA when I was younger It has the reputation of tough little car
Not much seen or known in North America It was bought by Volkswagen
 

broadsword

Brigadier
Skoda is an old name They have been around for a long time It was popular in SEA when I was younger It has the reputation of tough little car
Not much seen or known in North America It was bought by Volkswagen

Popular in the sense that it was sold, but only ranked among the bottom, whether in the number of units sold or as a proportion of all brands of car population.
 
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