China growth probably half reported rate or less, say sceptics

badguy2000

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So much BS in one thread- why services are useless and manufacturing is everything!!
1. Most service sectors in USA and other developed countries are not unuseful,but overpriced. For example, medicalcare service in USA is nortorous for low costperfomance . 2.some of service sectors are completly useless like "virtual rent",some are even "poinous",such as wall street bonds.
 

no smoking

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LOL...Is China the Greece of Asia? I am dissapointed, China was one of my favorite countries...
Well, in India forum, China has been regarded even worse than Greece since 2000.
As we always say:" China has been walking from one collapse to another collapse while India has been shinning for decades".

Bravo, India.
 

indiatester

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Well, in India forum, China has been regarded even worse than Greece since 2000.
As we always say:" China has been walking from one collapse to another collapse while India has been shinning for decades".

Bravo, India.
No it is not. Just because you see one thread where some folks comment about this, does not mean "India" considers that way. Appreciate the fact that there are a lot of people with multiple views.
 

Compersion

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better to have a look that is poor but is actually rich

versus

look that is rich but is actually poor
 

Hari Sud

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China has been hiding their economic performance for years. They are very good at. All statistics and data collection is state secret.

Truly this dismal performance of Chinese statics has been direct by the Communist Party itself. The irony is that the western economists never looked under the covers, they agreed with whatever Chinese reported. Only now they have begun to question the economic data coming out of China's official propaganda.

If you scale back the falsified statics to last ten years, China's claim of number one economic power will be denied. Rather it will fal third or fourth from the top.
 

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