China Economy: News & Discussion

[RoaringTigerHiddenDragon]

Looks like now the Chinese real estate developers offer pigs as incentive for buying one of their sub standard apartments. Anyone want a pig?

 

[RoaringTigerHiddenDragon]

A few more things happening in glorious Xi’s rule:

 

[SexyChineseLady]

So how come a communist country like China would end up with so much money that it could buy American media? China must be doing pretty well with its economy then. lol

The truth is China is the 11th most innovative country in the world and has two of the most powerful technology hubs in the world:

Global Innovation Index 2022 – Which are the most innovative countries

The Global Innovation Index reveals which are the most innovative countries in 2022 and if innovation drives productivity and promote economic growth.

www.wipo.int

In 2022, Tokyo–Yokohama is the top science and tech hub in the world, followed by Shenzhen–Hong Kong–Guangzhou (China and Hong Kong, China), Beijing (China), Seoul (Republic of Korea) and San Jose–San Francisco (United States).

And two of the other three hubs are close neighbors.

This innovative and technical prowess is proven by China's exports that is overwhelmingly in electronics and machinery, in the largest number of citations of Chinese science studies, in the largest number of patents and in the fact that the 6 of the top 11 engineering schools are Chinese. Of course, the sour grapes excuse would be China simply bought out publications like Nature and US News

 

[ym888]

People are underestimating the impact of India’s services sector on India’s future growth prospects. This is an area where the CCP can never compete with India. India has a massive surplus in services exports which are many times higher in margin than even the highest value added manufacturing. A good balanced documentary is here:
The greatest advantage india has over all other emerging economies is its English speaking services sector. Look at India’s southern states which have dominated here. They are all upper middle income or close to it. So, betting fully on manufacturing like China did will stall the economy beyond a certain point. Like it is happening to China now.

The only challenge India has is the ability to self destruct by electing failed political parties that bring back socialist policies and kill off India’s growth. This is a distinct possibility.

Local politics and bureaucracy is highly corrupt and backward in skills. This is why even top global cities like Bengaluru are suffering from infrastructure deficit. India must root out corruption to a large extent, completely reform its justice delivery system and make our cities highly efficient centers that generate enormous services value like western cities do. Citizens must be able to freely create innovation without worrying about corrupt bureaucrats and red tape. We are slowly getting there. But we must act really fast to have a zero tolerance for local corruption.

A trivia

In terms of service exports, China exports more than India

but India does do well in service exports，relative to other sectors in India

 

[rockdog]

A trivia

In terms of service exports, China exports more than India

but India does do well in service exports，relative to other sectors in India

If software is service product，mobile phones，telecom equipments，EV cars， Apps，Ecommerce website... The Chinese service products are everywhere along with our physical export.

Just mention two company: tiktok and shein.

Shein’s $100 Billion Value Would Top H&M and Zara Combined

A Chinese fast-fashion company without a global network of physical stores of its own is seeking a valuation that could be more than the combined worth of high-street staples Hennes & Mauritz AB and Inditex SA’s Zara.

www.bloomberg.com

I have been IT industry for 20 yrs，i knew tata，Mahindra，wipro，infosys，satyam from 2002. but didn't hear many Indian Internet companies after that... there are lots of bpo and ito Indian companies，but not many monster size Internet companies.

 

[ym888]

If software is service product，mobile phones，telecom equipments，EV cars， Apps，Ecommerce website... The Chinese service products are everywhere along with our physical export.

Just mention two company: tiktok and shein.

Shein’s $100 Billion Value Would Top H&M and Zara Combined

A Chinese fast-fashion company without a global network of physical stores of its own is seeking a valuation that could be more than the combined worth of high-street staples Hennes & Mauritz AB and Inditex SA’s Zara.

www.bloomberg.com

I have been IT industry for 20 yrs，i knew tata，Mahindra，wipro，infosys，satyam from 2002. but didn't hear many Indian Internet companies after that... there are lots of bpo and ito Indian companies，but not many monster size Internet companies.

India is still doing well in IT industry,



Every year, millions of Indian IT staff provide online customer service, after-sales service, code entry, test software, data entry and analysis for European and American companies, especially American companies


But that alone is not enough to support the economy of a country of 1.4 billion people



India ranks 107 on 2022 Global Hunger Index, behind Pakistan, Bangladesh and Nepal

 

[RoaringTigerHiddenDragon]

India is still doing well in IT industry,



Every year, millions of Indian IT staff provide online customer service, after-sales service, code entry, test software, data entry and analysis for European and American companies, especially American companies


But that alone is not enough to support the economy of a country of 1.4 billion people



India ranks 107 on 2022 Global Hunger Index, behind Pakistan, Bangladesh and Nepal

Global Hunger Index is a bogus ranking put out by some fraudulent NGO. We all know how much starving and suffering there is in China. Services exports are hugely profitable and are one of the main reasons India is doing so much better than China in all indicators. For example in genocide index and corruption index, China is in the top 10. India is nowhere near that. In Gutter oil consumption index, I believe China is in top 3? In IP theft index China is #1 as well. Of course in international relations stupidity index, China leads all other nations by a sizable margin. No one can beat the CCP here.

 

[RoaringTigerHiddenDragon]

So how come a communist country like China would end up with so much money that it could buy American media? China must be doing pretty well with its economy then. lol

The truth is China is the 11th most innovative country in the world and has two of the most powerful technology hubs in the world:

Global Innovation Index 2022 – Which are the most innovative countries

The Global Innovation Index reveals which are the most innovative countries in 2022 and if innovation drives productivity and promote economic growth.

www.wipo.int

In 2022, Tokyo–Yokohama is the top science and tech hub in the world, followed by Shenzhen–Hong Kong–Guangzhou (China and Hong Kong, China), Beijing (China), Seoul (Republic of Korea) and San Jose–San Francisco (United States).

And two of the other three hubs are close neighbors.

This innovative and technical prowess is proven by China's exports that is overwhelmingly in electronics and machinery, in the largest number of citations of Chinese science studies, in the largest number of patents and in the fact that the 6 of the top 11 engineering schools are Chinese. Of course, the sour grapes excuse would be China simply bought out publications like Nature and US News

CCP land is a private entity that bribed the world bank to inflate ease of doing business rankings. After discovery, world bank had to fire its entire research leadership and shut down the ease of doing business publication. We all know how the CCP bribed WHO to keep their mouths shut when you unleashed the virus that has killed millions of people around the world, putting China on the #1 ranking in the global genocide index.(GGI). There are plenty of articles that highlight the disinformation campaign the CCP is running in America by acquiring media assets like Fortune, Bloomberg or bribing newspapers like the WSJ in the form of advertising. There will come a time when the CCP will screw up the disinformation campaign and just like all the stupid Confucius Institutes were shut down, media investments will also be put under scrutiny.

 

[ym888]

Global Hunger Index is a bogus ranking put out by some fraudulent NGO. We all know how much starving and suffering there is in China. Services exports are hugely profitable and are one of the main reasons India is doing so much better than China in all indicators. For example in genocide index and corruption index, China is in the top 10. India is nowhere near that. In Gutter oil consumption index, I believe China is in top 3? In IP theft index China is #1 as well. Of course in international relations stupidity index, China leads all other nations by a sizable margin. No one can beat the CCP here.

The Human Development Index is the second most widely used indicator for measuring economic progress after national income statistics (GDP). The latest HDI reading released last month by UNDP ranked India at 132 out of 188 countries. Indeed, India’s rank has not improved over the last two decades and declined by one place in 2022. Moreover, the index score also fell in the last two years from 0.645 in 2019 to 0.633 in 2021. Is this a fair assessment of India’s performance?

 

[RoaringTigerHiddenDragon]

No one uses GDP for anything. It is just an accounting metric for production. And for countries like India, with 50% of the economy being informal and the base year still at 2011, the GDP as computed by the Indian government’s statistics office is a giant pile of garbage and not to be trusted. Indian GDP is heavily understated.

India review of economic, population and ESG data by World Economics - FREE REPORT

World Economics provides a full review of India

www.worldeconomics.com

HDI is another bogus metric that rewards nominal per capita income a lot more than deserving. This measure puts a red neck in the USA higher in human development than an IIT graduate in India. This is laughable.

All these metrics are old and were developed when the west was in a dominant position and most largely applies only to the western world. The world needs new ways of measuring economic output and human development. For example, genocidal countries like China and North Korea should be at the bottom of the human development index.

 

[rockdog]

The Human Development Index is the second most widely used indicator for measuring economic progress after national income statistics (GDP). The latest HDI reading released last month by UNDP ranked India at 132 out of 188 countries. Indeed, India’s rank has not improved over the last two decades and declined by one place in 2022. Moreover, the index score also fell in the last two years from 0.645 in 2019 to 0.633 in 2021. Is this a fair assessment of India’s performance?

I checked the table, China seems on the top5 position, which means the industrilization helps a lot.

Global Hunger Index Scores by 2023 GHI Rank

Note: As always, rankings and index scores from this table cannot be accurately compared to rankings and index scores from previous reports.

www.globalhungerindex.org

In fact, you don't even need to check the table to define Indian's hunger and malnutrition problem.

India has twice agrigualture land than China, but its food output is only 50% of China. Which means:
India agr productivity is 1/4 of China. Meanwhile China is still No.1 importer for Milk, beaf, bean ...

But India is still exporting rice and other stuff, Considering both nations have same population, each Indian only get less than 50% food and nutrition than Chinese. This means hunger and malnutrition for sure, you don't need a hunger index to tell you.

I think there must be some serious problem on India's internal food distribution system and agriguctulre sector need to be fixed. The India anyway has a so-so govenment, we don't wanna see another Africa level food crisis, it will be a disgrace for human being in 2020s.

 

[SexyChineseLady]

I notice a pattern here! Every fact that doesn't fit his narrative is bogus!

But numbers are numbers and opinions are opinions.

These are simple numbers

1) China files the most patents in the world annually.

Patents by Country / Number of Patents Per Country 2024

• China - 695,400.
• United States - 595,700.
• Japan - 502,600.

2) Chinese scientists and researchers publish the most research papers and are the most cited in the global scientific community. Research projects are almost a third more than the US in 2nd place:

3) China has 20 of the top 50 engineering universities in the world, including the top position:
U.S. News & Global Report – Engineering Universities 2022

• Tsinghua University, China
• Nanyang Technological University, Singapore
• Massachusetts Institute of Technology, US
• National University of Singapore, Singapore
• Harbin Institute of Technology, China
• Stanford University, US
• University of California – Berkeley, US
• Aalborg University, Denmark
• Huazhong University of Science and Technology, China
• Shanghai Jiao Tong University, China – 32% acceptance rate

3) China is one of the most innovative countries (listed at 11 in the WIPO study and number 3 in US News report) and has two of the world's most productive technology hubs in Shenzhen and Beijing.
Tokyo–Yokohama is the top science and tech hub in the world, followed by Shenzhen–Hong Kong–Guangzhou (China and Hong Kong, China), Beijing (China), Seoul (Republic of Korea) and San Jose–San Francisco (United States).

4) China exports more technology and industrial products than anything else and by a wide margin:

China Exports By Category	Value	Year
Electrical, electronic equipment	$898.96B	2021
Machinery, nuclear reactors, boilers	$547.59B	2021
Furniture, lighting signs, prefabricated buildings	$139.48B	2021
Plastics	$131.07B	2021
Vehicles other than railway, tramway	$120.02B	2021
Toys, games, sports requisites	$101.85B	2021
Optical, photo, technical, medical apparatus	$97.49B	2021

 

[Sachinananda]

I checked the table, China seems on the top5 position, which means the industrilization helps a lot.

Global Hunger Index Scores by 2023 GHI Rank

Note: As always, rankings and index scores from this table cannot be accurately compared to rankings and index scores from previous reports.

www.globalhungerindex.org

In fact, you don't even need to check the table to define Indian's hunger and malnutrition problem.

View attachment 176714

India has twice agrigualture land than China, but its food output is only 50% of China. Which means:
India agr productivity is 1/4 of China. Meanwhile China is still No.1 importer for Milk, beaf, bean ...

But India is still exporting rice and other stuff, Considering both nations have same population, each Indian only get less than 50% food and nutrition than Chinese. This means hunger and malnutrition for sure, you don't need a hunger index to tell you.

I think there must be some serious problem on India's internal food distribution system and agriguctulre sector need to be fixed. The India anyway has a so-so govenment, we don't wanna see another Africa level food crisis, it will be a disgrace for human being in 2020s.

Don't fucking talk about ghi
It's a survey conducted on 3000 people and that too selective to their agenda
Their motives are clear
We provided grains to 80 million people during covid but yeah we are hungry nation
We provided grains to Shit Lanka but we are hungry nation
We export tonnes of grains but we are hungry nation
Europeans begging us during war for lifting grain embargo but we are hungry nation
We are largest producers of several grains but we are hungry nation
U shouldn't divert by shift to India vs China wrt grain production
If u want to believe this then u should believe that u r living in most non free nation with highest corruption rate with 0 free media and false propaganda everywhere
I am not saying this but those baised datas are
I respect u as being an old member here but u should talk sensibly
But u once ran away from galwan thread when I was discussing about indo Tibet relations as u were spreading false news and agenda

 

[rockdog]

Don't fucking talk about ghi
It's a survey conducted on 3000 people and that too selective to their agenda
Their motives are clear
We provided grains to 80 million people during covid but yeah we are hungry nation
We provided grains to Shit Lanka but we are hungry nation
We export tonnes of grains but we are hungry nation
Europeans begging us during war for lifting grain embargo but we are hungry nation
We are largest producers of several grains but we are hungry nation
U shouldn't divert by shift to India vs China wrt grain production
If u want to believe this then u should believe that u r living in most non free nation with highest corruption rate with 0 free media and false propaganda everywhere
I am not saying this but those baised datas are

Calm down dude.

I said in other thread, the GHI is not accurate or biased and India's situation is not getting worse but getting better.

But it dosen't mean you have good food distribution system. If you carefully read my post, i said even we don't need look up the GHI, i still found that, India's agriculture output is low by per capital.

Our media also reported Indian's angry reaction against GHI today,

印度陷入“重度饥饿”？

印度陷入“重度饥饿”？

news.sina.com.cn

and the article fully cited your government and scholars counter opinions.

I respect u as being an old member here but u should talk sensibly
But u once ran away from galwan thread when I was discussing about indo Tibet relations as u were spreading false news and agenda

Sorry i don't remember i had conversation with you on galwan or tibet topic recently. I just commented the post with information from my side, I never gave any emotional or personal attack to anybody or any incident.

 

[SexyChineseLady]

These are the top 5 service exporters in the world!

Aside from being the largest exporter of manufactured goods, China is also a huge service exporter!

 

[InfinityWarrior Thanos]

Don't fucking talk about ghi
It's a survey conducted on 3000 people and that too selective to their agenda
Their motives are clear
We provided grains to 80 million people during covid but yeah we are hungry nation
We provided grains to Shit Lanka but we are hungry nation
We export tonnes of grains but we are hungry nation
Europeans begging us during war for lifting grain embargo but we are hungry nation
We are largest producers of several grains but we are hungry nation
U shouldn't divert by shift to India vs China wrt grain production
If u want to believe this then u should believe that u r living in most non free nation with highest corruption rate with 0 free media and false propaganda everywhere
I am not saying this but those baised datas are
I respect u as being an old member here but u should talk sensibly
But u once ran away from galwan thread when I was discussing about indo Tibet relations as u were spreading false news and agenda

They loss their social credits if they don’t run away

 

[RoaringTigerHiddenDragon]

I notice a pattern here! Every fact that doesn't fit his narrative is bogus!

But numbers are numbers and opinions are opinions.

These are simple numbers

1) China files the most patents in the world annually.

Patents by Country / Number of Patents Per Country 2024

• China - 695,400.
• United States - 595,700.
• Japan - 502,600.

2) Chinese scientists and researchers publish the most research papers and are the most cited in the global scientific community. Research projects are almost a third more than the US in 2nd place:

View attachment 176904

3) China has 20 of the top 50 engineering universities in the world, including the top position:
U.S. News & Global Report – Engineering Universities 2022

• Tsinghua University, China
• Nanyang Technological University, Singapore
• Massachusetts Institute of Technology, US
• National University of Singapore, Singapore
• Harbin Institute of Technology, China
• Stanford University, US
• University of California – Berkeley, US
• Aalborg University, Denmark
• Huazhong University of Science and Technology, China
• Shanghai Jiao Tong University, China – 32% acceptance rate

3) China is one of the most innovative countries (listed at 11 in the WIPO study and number 3 in US News report) and has two of the world's most productive technology hubs in Shenzhen and Beijing.
Tokyo–Yokohama is the top science and tech hub in the world, followed by Shenzhen–Hong Kong–Guangzhou (China and Hong Kong, China), Beijing (China), Seoul (Republic of Korea) and San Jose–San Francisco (United States).

4) China exports more technology and industrial products than anything else and by a wide margin:

China Exports By Category	Value	Year
Electrical, electronic equipment	$898.96B	2021
Machinery, nuclear reactors, boilers	$547.59B	2021
Furniture, lighting signs, prefabricated buildings	$139.48B	2021
Plastics	$131.07B	2021
Vehicles other than railway, tramway	$120.02B	2021
Toys, games, sports requisites	$101.85B	2021
Optical, photo, technical, medical apparatus	$97.49B	2021

What did I say before? Not to underestimate indian IQ, which is among the top in the world.

Here’s your paper publication garbage just to show ranking improvement:

China’s clampdown on fake-paper factories picks up speed

As part of a misconduct crackdown, Chinese funders are penalizing researchers who commission sham journal articles from ‘paper mills’, but some say the measures still don’t go far enough.

www.nature.com

And using money to push the nonsense CCP propaganda. Americans are playing with fire by prioritizing greed over their value systems.

CCP buys media influence by paying millions to US dailies, magazines: Report - Times of India

China News: WASHINGTON: China's propaganda outlet China Daily paid millions to prominent US newspapers and magazines in the last six months to buy media influence.

timesofindia.indiatimes.com

China’s Communist Party and its American Media Enablers

Media companies have to make money but some are questioning whether to bow to Chinese authorities is the best way to go about it.

intpolicydigest.org

How China uses the news media as a weapon in its propaganda war against the West

reutersinstitute.politics.ox.ac.uk

China has been paying millions of dollars to US media outlets to buy influence: Report

China has spent a total of $11,002,628 on advertising in US newspapers, and another $265,822 on advertising with Twitter, as per reports. | OpIndia News

www.opindia.com

The US is hitting back somewhat:

Congress Proposes $500 Million for Negative News Coverage of China

The effort to counter China’s ‘malign influence’ would fund negative coverage of China’s Belt and Road Initiative—while also beefing up the U.S.’s international lending.

prospect.org

If you want to learn how deep your Xictator’s tentacles are:

Beijing's Global Megaphone

The Expansion of Chinese Communist Party Media Influence since 2017

freedomhouse.org

Not a single institution in the world believes in numbers coming out of China or any rankings in which China is shown among advanced nations. Everyone knows China does not have the structural freedom and organic entrepreneurship to get anywhere close to rankings of countries that respect human rights and let people freely innovate and prosper.

So, what I am saying is you can take your paid for ranking garbage elsewhere. We all know how exactly the CCP manipulates everything from the GDP growth to COVID numbers to non-existent technological superiority. Your propaganda is only going to work on illiterates like the Pakistanis. Not high IQ Indians who were the first to discover Chess and have taken pride in their intellectual achievements for thousands of years.

 

[RoaringTigerHiddenDragon]

Meanwhile in the real world, the garbage education in China means most of these poor, brainwashed people who got a medical education from China cannot clear the Indian FMGE.

Most medical graduates from China do not clear screening test, says Indian Embassy in Beijing

From 2015 to 2021, only 16% students who studied in Chinese universities were able to pass the Foreign Medical Graduate Exam, the embassy said.

scroll.in

And this is why India is a trusted medical tourism destination and way ahead of China and making solid service revenues all within India.

https://www.financialexpress.com/lifestyle/travel-tourism/the-exponential-growth-of-medical-tourism-in-india/2609024/

Trends, Growth, and Opportunity Analysis of Medical Tourism in India

The medical tourism industry in India is estimated to reach $50,670.5 Mn by 2034, up from $10,362.9 Mn in 2024, with a 17.20% CAGR, according to an FMI.

www.futuremarketinsights.com

Where is China? Nowhere. China can NEVER beat India in the services sectors. NEVER.
India has built inherent strengths in services sector that no country can beat.

 

[SexyChineseLady]

These are the countries with the highest IQs in the world

 

[dfcool]

These are the countries with the highest IQs in the world

View attachment 177057

Guolaosi don't care about your IQ.