China Economy: News & Discussion

[Varzone]

Can you guys find some kind of structure to your debates ? I'm having hard time following what you're actually talking about.

 

[NutCracker]

Can you guys find some kind of structure to your debates ? I'm having hard time following what you're actually talking about.

Below is the origin . CCP's Muppet SexyLady treid to pretend that Taiwanese majority would like to be with commie filth and hence voted out "anti-China" party.

Post 4900

Yes, but China is not Libya or even Egypt. For the US to change China they would have to go in and change it through war like Iraq.



But war will be unlikely as long as Chinese people make logical choices and not fall into the White Man's trap!

My family on Taiwan are Pan Blues

 

[Varzone]

Below is the origin . CCP's Muppet SexyLady treid to pretend that Taiwanese majority would like to be with commie filth and hence voted out "anti-China" party.

Post 4900

Well, correct me if I'm wrong since I've not researched their manifestos but aren't both those parties democratic? One doesn't want to control mainland China but the other does.
Neither are CCP friendly? Or the KMT wants to surrender policy making to CCP?

 

[NutCracker]

Well, correct me if I'm wrong since I've not researched their manifestos but aren't both those parties democratic? One doesn't want to control mainland China but the other does.
Neither are CCP friendly?

Yes that's true.

Or the KMT wants to surrender policy making to CCP?

Never, they are the OG anti commie... Blue party.

That's why I don't get why SexyLady was celebrating ousting of Green like it's new age of dawn.

 

[Varzone]

Yes that's true.



Never, they are the OG anti commie... Blue party.

That's why I don't get why SexyLady was celebrating ousting of Green like it's new age of dawn.

Let's seperate CCP and that member, i don't think he supports them.
We need to focus on deconstruction of the lies of Chinese prosperity.
Those GDP numbers he is quoting for mainland China are false.

 

[SexyChineseLady]

Ok i have had enough of you. You are trolling. Get the fuck outta here.

You can use that kind of language here?! I don't want to participate in discussion with people who use foul language anyways

 

[Blademaster]

You can use that kind of language here?! I don't want to participate in discussion with people who use foul language anyways

Don't be coy. We know your endgame here.

 

[RoaringTigerHiddenDragon]

Democratic nations like Japan, Korea and Singapore are wealthier than China.

But not India, I'm afraid. Democratic India is about five times poorer than a communist hellhole.

If China becomes democratic then you can multiple the five times by at least two and we'll get 10 times or more

You can check per capita income of free chinese territories like Taiwan and Hong Kong versus India to extrapolate how a democratic China would perform!

	Per Capita Nominal	Per Capita PPP
Hong Kong	$49700	$70700
RoC	$35513	$71224

India	$2466	$7220
PRC	$12556	$19170

Please…there is something called the fallacy of small countries. For example, Goa state in India has a per capita income of $10,000 nominal. That does not mean Goa is twice as rich as Karnataka state (of which Bangalore is the capital) which has a per capita income of $4k nominal. Using nominal always leads to issues and I have told you not to do that mistake. But being a fool that you are, you are probably not going to change. If a small country exports a lot more than it imports then it’s per capita nominal income will always be high. This does not mean that people are getting paid the per capita nominal as wages.
If you want to really compare the standard of living, you need to compare median wages in India and China. Also, you can look up the Mercer quality of life index in global cities. And pretty much Indian and Chinese cities are at the same level (all ranked below 100) which shows that your per capita nominal income has zero correlation to an average Chinese peasants’ standard of living.
‘CCPia’s trade surplus and ponzi real estate GDP is giving rise to a massively inflated GDP nominal and cannot be used as an indicator of an average peasants’ living standard, as these inflations do not flow down to an average peasant. This is the major problem with CCPia - unlike ind western democracies or even the Indian one, per capita nominal GDP in CCPia is not at all correlated with a peasants’ average income.
‘Once again stop using per capita nominal. Per capita PPP GDP (real GDP) is the correct usage. But India’s numbers are suppressed by the fact that 50% of Indians output in informal sectors are not counted in its GDP. Compared to this CCPia’s informal economy is less than 10% and so all GDP is counted there.
Until India improves its GDP calculation process, there is no point relying on India’s undervalued GDP numbers. India has a bad rating from IMF/WB for poor processes employed in collection of GDP statistics whereas CCPia has a moderately good rating. Unless India improves its calculation practices, reliability of a India’s headline GDP numbers is poor. It is important to note this giant warning, and not just insanely collect simpleton numbers and just compare.
People in Indian forums are a lot smarter (in real life too as Indians win a lot of Fields medals in Mathematics and are born chess champions) than garbage forums like PeeDeeEff or Sinodefense. Any simplistic, child-like arguments like the above you present here will be ripped apart. But looks like you are a person of no shame - just like most CCP bootlickers are - and present the same debunked numbers again and again.

 

[RoaringTigerHiddenDragon]

Back to China...

Can you imagine this happening in any other country, even in a genocidal country like in Africa? I have a fee;ing the revolution in CCPia is going to be bloody and earth shattering. All that greed by the west that propped up the evil CCP just for trade benefits, greed for a few, and as a counter to the Soviet Union/Russia is going to come crashing down burning up the poor Chinese peasants who had no say in any of this. The CCP fools are making one horrific blunder after another. All we have to do is remain on the sidelines and watch the drama unfold.

 

[RoaringTigerHiddenDragon]

Those places are 99% Chinese just like China and oh they have everything to do with me since I've family in both places

How did free and democratic India end up so much poorer than commie China since we all agree that communism suck

India is NOT poorer than CCPia. Let’s get this fact straight first. Per capita nominal is NOT a measure of your average peasant’s income or wealth. I would argue that Indias are actually ,y a lot richer than the Chinese peasants. Why?
- all of the per capita income in India 100% belongs to the citizens
- all of the household wealth , including Gold, 100% belongs to the people.
- there are no run on the banks in India, every year.
- there are no directives to invest your savings in state sponsored ponzi schemes
- people enjoy healthy subsidies
- in India you can transfer as much as $250K per year without any paperwork to any foreign country by any citizen. In CCPia, only a max of $25K can be taken out (unless you are a CCP party Secretary in which case you can money launder through Macau Casinos).
- India’s stock markets have returned consistent positive returns over decades. CCPia’s stock returns have remained stagnant. This means a retail investor in India is a lot better off than a blighted Chinese peasant.
- In India, land ownership is 100% with a person but in commie land all land is owned by the CCP.
- India has no border controls. It’s citizens can freely move to any country and return or not return. No one cares. Meanwhile the CCP has to install a billion CCTVs and have massive border patrols to prevent the oppressed from exiting the ravaged CCPia.

Overall, an average Indian has much more GUARANTEED wealth, income and personal security/freedom than a Chinese peasant can ever dream of. This is what is NOT taught in Tsinghua University. But surely even the fools in Tsinghua would one day realize this.

 

[RoaringTigerHiddenDragon]

And they are all Chinese KMT doesn't have to sleep with the CCP. Even Chinese commies do fairly well in increasing the wealth of Greater China when everyone knows that communism is horrible and freedom and democracy is good

That brings us back to this question: how come India as a democracy is so much poorer than China and so mindnumbingly poorer than the East Asian democracies?

It is obvious why China is poorer (commie!) but why India?

What makes freedoms in India work differently from Taiwan, Korea and Japan?

I ponder this a lot.

So what? North Vietnamese and south Vietnamese. North Koreans and South Koreans. North Sudan and South Sudan. Russia and Ukraine. Western Europe caucasians. They are all the same yet they have had horrific wars killing millions. Your argument is baseless and not grounded in reality.

 

[IndianSpiderman]

India is NOT poorer than CCPia. Let’s get this fact straight first. Per capita nominal is NOT a measure of your average peasant’s income or wealth. I would argue that Indias are actually ,y a lot richer than the Chinese peasants. Why?
- all of the per capita income in India 100% belongs to the citizens
- all of the household wealth , including Gold, 100% belongs to the people.
- there are no run on the banks in India, every year.
- there are no directives to invest your savings in state sponsored ponzi schemes
- people enjoy healthy subsidies
- in India you can transfer as much as $250K per year without any paperwork to any foreign country by any citizen. In CCPia, only a max of $25K can be taken out (unless you are a CCP party Secretary in which case you can money launder through Macau Casinos).
- India’s stock markets have returned consistent positive returns over decades. CCPia’s stock returns have remained stagnant. This means a retail investor in India is a lot better off than a blighted Chinese peasant.
- In India, land ownership is 100% with a person but in commie land all land is owned by the CCP.
- India has no border controls. It’s citizens can freely move to any country and return or not return. No one cares. Meanwhile the CCP has to install a billion CCTVs and have massive border patrols to prevent the oppressed from exiting the ravaged CCPia.

Overall, an average Indian has much more GUARANTEED wealth, income and personal security/freedom than a Chinese peasant can ever dream of. This is what is NOT taught in Tsinghua University. But surely even the fools in Tsinghua would one day realize this.

Good points. If Indians were indeed as deprived as CCP bots like to portray, Indians households wouldn't collectively be the single largest holder of gold on the planet. Indian GDP is actually undercounted, the opposite of the Chinese scenario. India's just biding its time and keeping it's head down till it is strong enough to stand up to the global hegemon. China would have done the same under reasonable leadership, and it was up until Hu Jintao's time (who now happens to have been humiliated by Xi).

 

[RoaringTigerHiddenDragon]

Good points. If Indians were indeed as deprived as CCP bots like to portray, Indians households wouldn't collectively be the single largest holder of gold on the planet. Indian GDP is actually undercounted, the opposite of the Chinese scenario. India's just biding its time and keeping it's head down till it is strong enough to stand up to the global hegemon. China would have done the same under reasonable leadership, and it was up until Hu Jintao's time (who now happens to have been humiliated by Xi).

That’ right. In India, trust in governments is very low. So, people just invest in gold so the value remains. instead of this, if people rather paid property taxes, invested in stock markets, education, health care etc we would be a lot better off and our urban and rural infrastructure would look great. Unfortunately massive corruption and local government inefficiency means Indians don’t trust their governments and don’t want to pay the government for services to improve their lives. Even toll taxes were heavily objected at first - only after people had real savings in transportation costs, people no longer protest against tolls.
If local governments genuinely took care of infrastructure, living standards etc and build a corruption free trust with citizen, people would gladly pay and become part of the formal economy and generate substantial taxes for the nation. But the criminal Congis destroyed the citizen’ trust in governments with a scam every day. And even their top leaders including PMs indulging in mass corruption. Once you break trust, it takes a long time to get it back. And that is what PM Modi is facing, as people still protest against all sorts of development projects as they think that these are not being done for people’s benefits. So, people are still shoving their money into a guaranteed asset like gold. It is NOT the people’s fault. It is entirely the Congi and other socialist parties’ insane corruption and untrustworthy policies like nationalization that set India several decades back.

 

[KurtisBrian]

Good points. If Indians were indeed as deprived as CCP bots like to portray, Indians households wouldn't collectively be the single largest holder of gold on the planet. Indian GDP is actually undercounted, the opposite of the Chinese scenario. India's just biding its time and keeping it's head down till it is strong enough to stand up to the global hegemon. China would have done the same under reasonable leadership, and it was up until Hu Jintao's time (who now happens to have been humiliated by Xi).

Sounds like you are saying, Indians are the true Dragons not the Chinese. Wonder how much looted gold and silver was sent by Rome to India in exchange for black pepper. Wonder how many people, of what is now called Europe, were robbed, enslaved or killed so the Romans could get those metals.

 

[Blademaster]

Sounds like you are saying, Indians are the true Dragons not the Chinese. Wonder how much looted gold and silver was sent by Rome to India in exchange for black pepper. Wonder how many people, of what is now called Europe, were robbed, enslaved or killed so the Romans could get those metals.

Oh please stop your moral BS equivalence. It was buyer beware caveat emptor and the Romans wanted those spices and Indians just laid down their price. The Romans were free to refuse to buy. Besides, you should blame the traders, who were the Arabs, not the Indians.

 

[Theodosius]

Thread by @SofiaHCBBG on Thread Reader App

@SofiaHCBBG: All of this happened in China this week. A thread. 1/10 Record Covid. China's daily case tally hits an all-time high and Beijing reports the first deaths in more than 6 months. Early signs of...…

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[Varzone]

Can someone tell me how much GDP per capita is worth dying like this?

 

[RoaringTigerHiddenDragon]

Can someone tell me how much GDP per capita is worth dying like this?

Horrific video. The death cries are insane. It reminds me of the Nazi concentration camps. The CCP are true rakshas. May they all burn. Poor oppressed Chinese peasants.

 

[NutCracker]

That’ right. In India, trust in governments is very low. So, people just invest in gold so the value remains. instead of this, if people rather paid property taxes, invested in stock markets, education, health care etc we would be a lot better off and our urban and rural infrastructure would look great. Unfortunately massive corruption and local government inefficiency means Indians don’t trust their governments and don’t want to pay the government for services to improve their lives. Even toll taxes were heavily objected at first - only after people had real savings in transportation costs, people no longer protest against tolls.
If local governments genuinely took care of infrastructure, living standards etc and build a corruption free trust with citizen, people would gladly pay and become part of the formal economy and generate substantial taxes for the nation. But the criminal Congis destroyed the citizen’ trust in governments with a scam every day. And even their top leaders including PMs indulging in mass corruption. Once you break trust, it takes a long time to get it back. And that is what PM Modi is facing, as people still protest against all sorts of development projects as they think that these are not being done for people’s benefits. So, people are still shoving their money into a guaranteed asset like gold. It is NOT the people’s fault. It is entirely the Congi and other socialist parties’ insane corruption and untrustworthy policies like nationalization that set India several decades back.

That change is happening. Sensex and NIFTY market capitalisation grew by 90% in last 5 years...

While Shanghai index lost 7% and HK index lost 40% in last 5 years.

 

[IndianSpiderman]

Quarantine or Gulag?