One thing China and the USSR don't have in common

Discussion in 'China' started by t_co, Mar 26, 2013.

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  1. t_co

    t_co Senior Member Senior Member

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    One Thing China and the USSR DON’T Have in Common | China Power

    This is just for everybody on the forum who still believes China spends more than India on defense, on a % of GDP basis. China doesn't. It barely spends more than Japan.
     
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  3. Yusuf

    Yusuf GUARDIAN Administrator

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    There is lack of transparency in China about its defence spend so we never know.

    Good topic though for the author to write about.

    There are some similarities between China and the USSR. Both are made of provinces that are nations within the nation. Both are brutal and suppress their population.

    One difference is that China is making sure its economy prospers and people have enough to eat so to say so that they remain quiet unlike The Soviet era which became pretty bad.
     
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  4. datguy79

    datguy79 Regular Member

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  5. indian_sukhoi

    indian_sukhoi Regular Member

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    Soviets were forced to spend on defence budget to match with US.

    The author did brought a good point
     
  6. G90

    G90 Regular Member

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    In terms of econcomy size (measured by industrial output), China is 6-8X of the peak of soviet union, in an arms race, the US will fall short upon China.

    Thats why you can see the US always try to play down the China's threat now, whilst hype-up Soviet's military threat in the past, thats because the US know they will lose badly in an arms race with the former, and win easily with the latter.

    Thats also explain why China now love to show-off our ever-growing arsenal, because we all know we will win a arms race with the US easily, and likely to draw US in.

    1.5% of GDP yet we have delievered so many stuff, imaging what we could be if our military spending were at the US level (4-5% of the GDP) or the Soviet level (20% or more of GDP).:cool2:
     
  7. SATISH

    SATISH DFI Technocrat Stars and Ambassadors

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    Still don't know what will happen when their undervalued currency reaches the equal as a dollar?what will the Chinese do? Buy more American debt?
     
  8. badguy2000

    badguy2000 Respected Member Senior Member

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    CHina's industry capacity is much larger than USA"s.
    Its industry products cost is much less than USA's, so real purchase power of CHina's defence budget is much larger than exchange rate shows...

    as for purchase power,China's 120 BIllion USD defence expenditure may be equal to 300 bilion USD defence expenditure of USA's...
     
  9. huaxia rox

    huaxia rox Senior Member Senior Member

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    unlike the soviet union prc has a history of fighting a big scale of real war with the us in korea but the cold war era has gone for good.......golobalization has made the us need prc much more vis a vis soviet union and vice versa prc needs the us big time in many fields now......how much we think we need the other side surely can off set the equivalent chance we think we may confront directly using force......so the article is by and large correct.....

    Group of Two - Wikipedia, the free encyclopedia
     
  10. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

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    @t_co
    The article you posted does not recognize the fact that the Soviet Union was made up of many separate nations enslaved by USSR after WWII. That is totally different from situation with CCP and China.
     
    Last edited by a moderator: May 10, 2015
  11. roma

    roma NRI in Europe Senior Member

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    updating this to today's- world

    one thing russia and china do not have in common is the scale of their popuations and consequently, the demographic trends

    my prediction is that while many russians think their 100 and some million is gonna keep them going , my response is:-

    watch it !

    if they dont take serious action in terms of brith rate/ death rate & total immigration/emiigration - then the fall of russia could come as suddenly as the fall of the soviet union did ! -- in particular the russian far - east
     
    Last edited: Mar 27, 2013
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  12. dhananjay1

    dhananjay1 Regular Member

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    USSR had a totally dysfunctional economical system. It would have collapsed decades earlier but for the enormous boost it received during WW2.
     
  13. average american

    average american Senior Member Senior Member

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    China’s Dysfunctional Political System Profiled in Wall Street Journal
    April 15, 2011



    The Wall Street Journal had a fascinating report detailing how decisions are made, in a report called “Political Overlords Shackle China’s Monetary Mandarins.”
    Here are a few notes from the article :

    All decisions are made by the Politurbo and by consensus, with the People’s Bank of China competing with 12 ministries for policies whose goals conflict with each other.
    While the PBOC would rather fight inflation, the commerce sector wants a cheap currency so they can undercut international competition. Local government interests want cheap credit so they can direct money to regional building projects.
    For example, The People’s Bank of China cautioned against the monetary stimulus in 2008 saying the cheap credit would lead to bad loans and asset bubbles, and more recently would have tightened earlier, but lost out to powerful interests.
    Since PBOC has no decision making authority, international communication and coordination frustrates foreign central bankers.
    HistorySquared

    What ministry or politician represents what the people want? None. In the end, what you have is a massive misallocation of resources. The article misses out on the corruption link between the ministries and personal business interests. Wikileaks exposed cables showing how the leadership has divvied up the economy.

    China’s state capitalist system have been admired by government officials across the world, particularly in certain factions in the US, who’d like to expand power over the economy and direct even more resources to industries to sectors they deem most important, such as high speed rail and alternative energy. They’ve admired how quickly China’s decisions get made. They push for a similar “partnership between government and corporations,” where government officials get a say in how businesses conduct their investments, again pointing to China as an example of how this has worked. But this invites corruption, bubbles, and misallocation of resources that can be hidden from view for long periods of time. The market, which represents the collective wisdom of all, eventually corrects the massive distortion creating a crash. These same people whose policies created bubble and bust, then look for people, or banks, to blame. When it was they themselves that planted the seed, that turned out to be a weed.

    Who will China blame when the massive misallocation of resources come crashing down?

    http://historysquared.com/2011/04/1...tical-system-profiled-in-wall-street-journal/
     
  14. Yusuf

    Yusuf GUARDIAN Administrator

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    Disagree. Tibet, East Turkestan and Mongolia.
     
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  15. t_co

    t_co Senior Member Senior Member

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    Regardless of whether you agree or disagree about that point, that has no bearing on the key point of the article:

    China's military is more powerful than India's, even when China spends less as a proportion of its GDP on defense than India does.

    That, in and of itself, is an inescapable strategic issue for Indian planners.
     
  16. Singh

    Singh Phat Cat Administrator

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    I would dispute Chinese "official" defence spending. However, a few things to note

    1. Chinese economy is more robust and powerful than Soviet's particular towards the collapse.
    2. Chinese defence spending (and as a component of GDP) is lower when compared to Soviet's during its last years.
     
  17. Yusuf

    Yusuf GUARDIAN Administrator

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    It is but it doesn't changed the fact about Tibet, East Turkestan or Mongolia.
     
  18. Yusuf

    Yusuf GUARDIAN Administrator

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    What boost did it receive in WWII? It bore the brunt of Nazi Germany.
     
  19. t_co

    t_co Senior Member Senior Member

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    Yusuf, you're a mod.

    You're violating the following rule, since this thread has nothing to do with Xizang, Xinjiang, or Menggu:

    This is a rule you wrote yourself. Please don't be a hypocrite. Thanks!

    EDIT: @Singh @Kunal Biswas @Decklander @ice berg @cinoti @badguy2000 come look.
     
    Last edited by a moderator: May 10, 2015
  20. asianobserve

    asianobserve Elite Member Elite Member

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    It annexed key industrial countries after WW2...
     
  21. pmaitra

    pmaitra Moderator Moderator

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    Read again. Quoted below for your convenience. It is about a claim that the USSR would have collapsed, but for the boost received during WWII.

     
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