China Economy: News & Discussion

[SexyChineseLady]

@SexyChineseLady

Agree, btw how do you think why China's fiscal income is 10x than India while only 6x on GDP?

Simple, I think China's economy is more than 10 times bigger than India's. It is a good bit bigger than the US economy too.

People, including Chinese, are willfully ignoring pretty obvious evidence. Cars are obvious. The Chinese market could support not only fast growing local brands like BYD, Li and Nio but also provide global luxury brands like Tesla, BMW and Mercedes with their biggest overseas market. China acts like a much bigger economy than the US despite supposedly being smaller.

For example, Indian car company Tata sells between 80,000 to 100,000 Land Rovers and Jaguars in China per QUARTER but can only sell around 5000 JLR cars in India for the whole year. The ratio of sales of these premium cars is between 70-80 to 1 in favor of China! This is an Indian company who should be selling better at home. But knowledge of local market can't offset the simple equation of far greater spending power in China.

There are other things too. The HSR network being twice greater the rest of the world's combined. "Ghost Cities" -- imagine cranking out cities like sausages when the rest of the world has a hard time building a neighborhood! Consuming 50% of the world steel and cement.

China is a far larger economy than people believe. Seriously, think about it. Tata is selling 80 times more of its premium JLR in China compared to India. 80 is a lot more than 6 and that is replicated across a lot of other consumerables

 

[srevster]

China's declining birth rates have been a growing concern for the country, as the aging population threatens to slow down economic growth and strain the social welfare system. According to official data, China's birth rate fell to a record low in 2020, with only 12 million new births. This is a stark contrast to the population boom that occurred after the one-child policy was lifted in 2015.

One parallel that can be drawn to China's situation is Japan, which has been grappling with a similar issue for decades. Japan's birth rate has been consistently low, and the aging population has had a significant impact on the country's economy. The government has introduced various measures to encourage couples to have more children, but with limited success.

South Korea is another example of a country that has seen a sharp decline in birth rates. Despite efforts by the government to encourage couples to have children, South Korea's birth rate remains one of the lowest in the world. Like Japan and China, South Korea's aging population poses a significant challenge for the country's economy.

In contrast to these countries, the United States has relied on immigration to maintain its population growth. While the US birth rate has also been declining, it has been offset by a steady stream of immigrants. According to the Pew Research Center, immigrants and their descendants are projected to account for 88% of US population growth between 2015 and 2065.

This reliance on immigration has its own set of challenges, particularly in the current political climate. There are concerns about the impact of immigration on the job market and social cohesion, as well as questions about how to integrate immigrants into American society.

In conclusion, China's declining birth rates are part of a larger trend that is affecting countries around the world. While some countries, like the US, have been able to offset this decline with immigration, others continue to struggle with an aging population and the economic and social challenges that come with it.

 

[srevster]

The year was 2050, and India had emerged as the world's largest economy, surpassing both the United States and China. The country had come a long way since gaining independence from British rule in 1947. The Indian economy had been growing at an unprecedented rate for several decades, fueled by a combination of factors including a large and young population, a thriving tech industry, and a government that had implemented bold economic reforms.

India's population had surged to over 1.7 billion, with more than half of the population under the age of 25. This demographic dividend had given India a distinct advantage over other countries, as the young and tech-savvy workforce had been driving innovation and growth across all sectors. The country had become a hub for the tech industry, with numerous start-ups and multinationals setting up operations in major cities such as Bengaluru, Hyderabad, and Mumbai.

The Indian government had also implemented several key reforms that had boosted the country's economic growth. The Goods and Services Tax (GST) had simplified the tax system, making it easier for businesses to operate and reducing corruption. The government had also invested heavily in infrastructure, including building new highways, airports, and seaports, which had helped connect the country and opened up new markets.

One of the most significant developments had been the rise of renewable energy in India. The country had become a world leader in solar energy, with vast solar farms covering large swathes of the country's desert regions. The government had also invested in wind and hydroelectric power, making India one of the few countries to generate a significant proportion of its electricity from renewable sources.

India had also been able to capitalize on its rich cultural heritage and diverse ecosystem. The country had become a leading exporter of spices, textiles, and handicrafts, which had helped to boost the economy and create jobs in rural areas.

As India's economy had grown, so had its influence on the world stage. The country had become a major player in international politics, with a permanent seat on the UN Security Council and a growing role in global affairs. India had also been able to forge strong trade links with other countries, including the United States and China, which had helped to fuel its economic growth.

Despite these successes, India still faced several challenges. Income inequality remained a significant issue, with many people still living in poverty. The government had implemented several social welfare programs to address this, including the National Rural Employment Guarantee Act, which guaranteed 100 days of paid work per year to rural households.

India's rise to economic dominance had not been without its controversies, with critics accusing the government of ignoring environmental concerns and labor rights. However, many Indians were optimistic about the country's future, seeing it as a symbol of what could be achieved with hard work and determination.

As India looked ahead to the future, it remained to be seen whether it could maintain its economic momentum and continue to grow at such a rapid pace. However, one thing was clear: India had become a force to be reckoned with on the global stage, and its influence was only set to grow in the years to come.

 

[srevster]

ChatGPT simulation

Prompt:

There are two countries. The first country is an authoritarian regime with state planning with a homogeneous population. Assume a third country is outsourcing its manufacturing to the first country but is slowly diversifying its supply chain. The second is a chaotic unorganized democracy with lots of diversity, grassroots innovation. Both countries may introduce changes and evolve over time. Starting with the same gdp, model the growth for 200 years in chunks of 50 year increments. Assume both countries start the simulation in 1991.

Simulation :

Okay, let's start with the authoritarian regime. We'll call it Country A. Since it has a homogeneous population, we can assume that there are fewer internal conflicts and greater social cohesion. However, the centralized state planning may result in less efficient allocation of resources and less innovation.

In the first 50 years of the simulation (1991-2041), Country A experiences rapid economic growth due to its low labor costs and strong government support for industrial development. Many foreign companies outsource their manufacturing to Country A, bringing in significant foreign investment. The country's GDP increases rapidly, but income inequality also increases, as the benefits of economic growth are concentrated in the hands of a few powerful individuals and state-run companies.

In the next 50 years (2041-2091), Country A continues to grow, but at a slower pace due to diminishing returns on investments in manufacturing and infrastructure. The government attempts to transition to a more service-oriented economy, but faces difficulties due to the lack of innovation and creativity. The country also faces environmental challenges as its heavy industrial development causes pollution and resource depletion.

In the third 50-year period (2091-2141), Country A experiences a period of stagnation and decline. Its manufacturing industry becomes less competitive as labor costs rise and other countries develop their own manufacturing capabilities. The government attempts to stimulate growth through increased spending on infrastructure and social welfare, but faces challenges due to corruption and inefficiency. Income inequality continues to widen, and social unrest increases.

In the final 50-year period (2141-2191), Country A experiences a gradual decline in economic and political power. Its aging population and lack of innovation make it difficult to compete with other countries in the global economy. The government attempts to promote technological innovation and education, but faces challenges due to the lack of democratic institutions and free speech. The country's GDP stagnates and eventually begins to decline, leading to social unrest and political instability.

Now let's move on to Country B, the chaotic democracy with grassroots innovation and diversity. In this country, we can assume that there is more competition and innovation, but also more political instability and social conflicts.

In the first 50 years (1991-2041), Country B experiences slower economic growth than Country A, but with greater innovation and creativity. Grassroots initiatives and small businesses flourish, creating a diverse and dynamic economy. However, political instability and social conflicts also increase, as different groups vie for power and influence.

In the next 50 years (2041-2091), Country B continues to experience slow but steady growth, with a greater focus on sustainable development and social welfare. The country becomes a leader in renewable energy and environmental protection, creating new industries and job opportunities. However, social conflicts and political instability also increase, as different groups have different visions for the country's future.

In the third 50-year period (2091-2141), Country B experiences a period of rapid growth, driven by technological innovation and globalization. The country becomes a hub for innovation and creativity, attracting talent and investment from around the world. However, income inequality also increases, as the benefits of economic growth are concentrated in the hands of a few powerful individuals and companies.

In the final 50-year period (2141-2191), Country B faces significant challenges as it struggles to maintain its position in the global economy. Other countries have caught up and developed their own innovation and creativity, and the competition is fierce. Social conflicts and political instability continue to plague the country, as different groups struggle to define its future direction. However, the country's diverse and resilient population continues to push for change and innovation, creating new opportunities and facing new challenges.

 

[ym888]

ChatGPT simulation

Prompt:

There are two countries. The first country is an authoritarian regime with state planning with a homogeneous population. Assume a third country is outsourcing its manufacturing to the first country but is slowly diversifying its supply chain. The second is a chaotic unorganized democracy with lots of diversity, grassroots innovation. Both countries may introduce changes and evolve over time. Starting with the same gdp, model the growth for 200 years in chunks of 50 year increments. Assume both countries start the simulation in 1991.

Simulation :

Okay, let's start with the authoritarian regime. We'll call it Country A. Since it has a homogeneous population, we can assume that there are fewer internal conflicts and greater social cohesion. However, the centralized state planning may result in less efficient allocation of resources and less innovation.

In the first 50 years of the simulation (1991-2041), Country A experiences rapid economic growth due to its low labor costs and strong government support for industrial development. Many foreign companies outsource their manufacturing to Country A, bringing in significant foreign investment. The country's GDP increases rapidly, but income inequality also increases, as the benefits of economic growth are concentrated in the hands of a few powerful individuals and state-run companies.

In the next 50 years (2041-2091), Country A continues to grow, but at a slower pace due to diminishing returns on investments in manufacturing and infrastructure. The government attempts to transition to a more service-oriented economy, but faces difficulties due to the lack of innovation and creativity. The country also faces environmental challenges as its heavy industrial development causes pollution and resource depletion.

In the third 50-year period (2091-2141), Country A experiences a period of stagnation and decline. Its manufacturing industry becomes less competitive as labor costs rise and other countries develop their own manufacturing capabilities. The government attempts to stimulate growth through increased spending on infrastructure and social welfare, but faces challenges due to corruption and inefficiency. Income inequality continues to widen, and social unrest increases.

In the final 50-year period (2141-2191), Country A experiences a gradual decline in economic and political power. Its aging population and lack of innovation make it difficult to compete with other countries in the global economy. The government attempts to promote technological innovation and education, but faces challenges due to the lack of democratic institutions and free speech. The country's GDP stagnates and eventually begins to decline, leading to social unrest and political instability.

Now let's move on to Country B, the chaotic democracy with grassroots innovation and diversity. In this country, we can assume that there is more competition and innovation, but also more political instability and social conflicts.

In the first 50 years (1991-2041), Country B experiences slower economic growth than Country A, but with greater innovation and creativity. Grassroots initiatives and small businesses flourish, creating a diverse and dynamic economy. However, political instability and social conflicts also increase, as different groups vie for power and influence.

In the next 50 years (2041-2091), Country B continues to experience slow but steady growth, with a greater focus on sustainable development and social welfare. The country becomes a leader in renewable energy and environmental protection, creating new industries and job opportunities. However, social conflicts and political instability also increase, as different groups have different visions for the country's future.

In the third 50-year period (2091-2141), Country B experiences a period of rapid growth, driven by technological innovation and globalization. The country becomes a hub for innovation and creativity, attracting talent and investment from around the world. However, income inequality also increases, as the benefits of economic growth are concentrated in the hands of a few powerful individuals and companies.

In the final 50-year period (2141-2191), Country B faces significant challenges as it struggles to maintain its position in the global economy. Other countries have caught up and developed their own innovation and creativity, and the competition is fierce. Social conflicts and political instability continue to plague the country, as different groups struggle to define its future direction. However, the country's diverse and resilient population continues to push for change and innovation, creating new opportunities and facing new challenges.

Country A---------- Vietnam



Country B----------- Philippin

 

[srevster]

ChatGPT Simulation.

Prompt:

country A is china, country B is India and Country C is USA

Simulation:

Ah, I see. In that case, we can adjust some of the parameters to better reflect the actual situations of the countries. Here's an updated set of assumptions and parameters for the simulation:

Assumptions:

• Country A is China, an authoritarian regime with state planning and a homogeneous population.
• Country B is India, a chaotic unorganized democracy with lots of diversity and healthy demographics.
• Country C is the United States, a developed country that has been outsourcing its manufacturing to China but is now diversifying its supply chain.
• Both countries start the simulation in 1991.
• The simulation will be divided into chunks of 50 years.
• GDP will be used as the primary measure of economic growth.
• Both countries start with the same GDP.
• China introduces a one-child policy in 1991, which is redacted after 30 years.
• The percentage of outsourcing from the US to China will gradually decrease over time.

Parameters:

• GDP of both countries at the start of the simulation (in 1991): $1 trillion.
• The growth rate of GDP in China in the absence of any changes: 7% per year.
• The growth rate of GDP in India in the absence of any changes: 6% per year.
• The initial population of China: 1.2 billion people.
• The initial population of India: 900 million people.
• The birth rate in China in the absence of the one-child policy: 2.3 children per woman.
• The birth rate in India: 2.5 children per woman.
• The death rate in both countries: 0.8% per year.
• The percentage of outsourcing from the US to China at the start of the simulation: 50%.
• The percentage of outsourcing from the US to China after 50 years: 40%.
• The percentage of outsourcing from the US to China after 100 years: 30%.
• The percentage of outsourcing from the US to China after 150 years: 20%.

Now, let's run the simulation in 50-year increments:

Year 1-50:

• Both countries experience steady GDP growth, with China growing slightly faster than India due to its state planning and investment in infrastructure.
• China's population continues to grow rapidly, while India's population also grows but at a slower pace due to its lower birth rate.
• The US outsources 50% of its manufacturing to China.

Year 51-100:

• China's population growth slows down due to the one-child policy, while India's population continues to grow at a steady pace.
• China's GDP growth also slows down due to the decrease in population growth and lack of innovation in its economy, while India's GDP growth remains strong due to its diverse and innovative economy.
• The US diversifies its supply chain, outsourcing only 40% of its manufacturing to China.

Year 101-150:

• China's population continues to decline, leading to a decrease in overall GDP growth. The one-child policy is redacted after 30 years to encourage population growth, but it takes time for the effects to be seen.
• India continues to experience strong GDP growth, fueled by grassroots innovation and a diverse economy.
• The US further diversifies its supply chain, outsourcing only 30% of its manufacturing to China.

Year 151-200:

• China's population begins to stabilize after the redaction of the one-child policy, but its economy struggles to catch up due to the lack of innovation and competition in the market.
• India's GDP growth continues to outpace China's due to its diverse and innovative economy.
• The US continues to diversify its supply chain, outsourcing only 20% of its manufacturing to China.

After 200 years of simulation, India has outpaced China in terms of economic growth and innovation. China's one-child policy had a significant impact on its population and economy, but even after it was redacted, it struggled to catch up with India's more diverse and innovative economy. Meanwhile, the US's gradual diversification of its supply chain away from China also had an impact on China's economy, as it reduced its dependence on Chinese manufacturing.

It's important to note that this simulation is just a hypothetical scenario and does not take into account many other factors that could influence the growth of these countries over the next 200 years. Nonetheless, it does provide an interesting perspective on how different policies and economic models could shape the future of these countries.

 

[rockdog]

ChatGPT Simulation.

Prompt:

country A is china, country B is India and Country C is USA

Simulation:

Ah, I see. In that case, we can adjust some of the parameters to better reflect the actual situations of the countries. Here's an updated set of assumptions and parameters for the simulation:

Assumptions:

• Country A is China, an authoritarian regime with state planning and a homogeneous population.
• Country B is India, a chaotic unorganized democracy with lots of diversity and healthy demographics.
• Country C is the United States, a developed country that has been outsourcing its manufacturing to China but is now diversifying its supply chain.
• Both countries start the simulation in 1991.
• The simulation will be divided into chunks of 50 years.
• GDP will be used as the primary measure of economic growth.
• Both countries start with the same GDP.
• China introduces a one-child policy in 1991, which is redacted after 30 years.
• The percentage of outsourcing from the US to China will gradually decrease over time.

Parameters:

• GDP of both countries at the start of the simulation (in 1991): $1 trillion.
• The growth rate of GDP in China in the absence of any changes: 7% per year.
• The growth rate of GDP in India in the absence of any changes: 6% per year.
• The initial population of China: 1.2 billion people.
• The initial population of India: 900 million people.
• The birth rate in China in the absence of the one-child policy: 2.3 children per woman.
• The birth rate in India: 2.5 children per woman.
• The death rate in both countries: 0.8% per year.
• The percentage of outsourcing from the US to China at the start of the simulation: 50%.
• The percentage of outsourcing from the US to China after 50 years: 40%.
• The percentage of outsourcing from the US to China after 100 years: 30%.
• The percentage of outsourcing from the US to China after 150 years: 20%.

Now, let's run the simulation in 50-year increments:

Year 1-50:

• Both countries experience steady GDP growth, with China growing slightly faster than India due to its state planning and investment in infrastructure.
• China's population continues to grow rapidly, while India's population also grows but at a slower pace due to its lower birth rate.
• The US outsources 50% of its manufacturing to China.

Year 51-100:

• China's population growth slows down due to the one-child policy, while India's population continues to grow at a steady pace.
• China's GDP growth also slows down due to the decrease in population growth and lack of innovation in its economy, while India's GDP growth remains strong due to its diverse and innovative economy.
• The US diversifies its supply chain, outsourcing only 40% of its manufacturing to China.

Year 101-150:

• China's population continues to decline, leading to a decrease in overall GDP growth. The one-child policy is redacted after 30 years to encourage population growth, but it takes time for the effects to be seen.
• India continues to experience strong GDP growth, fueled by grassroots innovation and a diverse economy.
• The US further diversifies its supply chain, outsourcing only 30% of its manufacturing to China.

Year 151-200:

• China's population begins to stabilize after the redaction of the one-child policy, but its economy struggles to catch up due to the lack of innovation and competition in the market.
• India's GDP growth continues to outpace China's due to its diverse and innovative economy.
• The US continues to diversify its supply chain, outsourcing only 20% of its manufacturing to China.

After 200 years of simulation, India has outpaced China in terms of economic growth and innovation. China's one-child policy had a significant impact on its population and economy, but even after it was redacted, it struggled to catch up with India's more diverse and innovative economy. Meanwhile, the US's gradual diversification of its supply chain away from China also had an impact on China's economy, as it reduced its dependence on Chinese manufacturing.

It's important to note that this simulation is just a hypothetical scenario and does not take into account many other factors that could influence the growth of these countries over the next 200 years. Nonetheless, it does provide an interesting perspective on how different policies and economic models could shape the future of these countries.

As we know human society is a complicated system, for a simulation with GPT, so Dear teacher, i have a question.


Outcome: Country A is 6x GDP of Country B, also per GDP is 6X.

Assumptions:
Country A started from 1949, and most insfrastures destroyed druing 30 yrs long wars, with lower per GDP than country B, population with 400 million;

Country B started from 1947, population with 350 million; demoscrtic system, good infrastures like railway system.

Parameters：
How do we set those parameters？？this is my question.

 

[srevster]

this prompt messed up the simulation

 

[rockdog]

China GDP growth is fake. Its tax revenue is not scaling at 5% per year.

India's GDP is underestimated, India's tax revenue is scaling at least 5% per year.

I normalized for currency, both numbers are in Yuan and Rupee specifically.

And

More people in China pay taxes.

China's tax participation rate refers to the percentage of the population that pays taxes in China. According to data from the World Bank, China's tax participation rate was around 36.4% in 2019. This means that around 36.4% of the population in China paid some form of taxes that year, either through direct or indirect taxation.

It's worth noting that China's tax system is quite complex, with various types of taxes and different tax rates depending on the type of income or activity being taxed. Additionally, there is a large informal sector in China that may not be captured in official tax participation rate statistics.

India's tax participation rate refers to the percentage of the population that pays taxes in India. According to the latest available data from the World Bank, India's tax participation rate was around 16.6% in 2019.

India's tax system is also complex, with various types of taxes and different tax rates depending on the type of income or activity being taxed. The low tax participation rate in India is due to several factors, including a large informal sector, a large rural population, and a high poverty rate, which makes it difficult for many people to pay taxes. The government has been taking various measures to increase tax compliance, including introducing new tax policies and improving tax administration.

36% tax participation rate vs 16% tax participation rate contributes to the difference in ratio of 10:6

Now imagine when India's tax participation rate is also 36%; it federal budget growth will be even more accelerated. The digital payments via UPI is fast tracking this for sure.

Check this China's fiscal revenue growth by year:

China fiscal revenue growth:
2017: 7.4%
2018: 6.2%
2019: 3.8%
2020: -3.9%
2021: 10.7%
2022: 3.3%


China GDP growth:
2017: 6.9%
2018: 6.7%
2019: 6%
2020: 2.2%
2021: 8.4%
2022: 3%

They are almost propotional, sometimes growth of fiscal revenue is higher than GDP growth, sometime is lower, but always in the reasonable area.


-------------------------------------------------------

This is why sometimes i don't want spent time to debug with your conlcusion, you lack of basic economic knowledge, but this is economic thread,

Even you wrote too much contents about tax revenue, but tax revenue is not equal to fiscal revenue, you wasted time of your own and readers ...

In China, there are some other revenues from govenment:
huge profit from super big SOE, world's most profitable banks, telecom companies, engergy companies ...

China’s state-owned banks and tech giants are the country’s most profitable companies

Fortune Global 500: China’s state-owned banks, tech giants are most profitable

The performance of the firms mirrored China's 2020 economic trajectory.

fortune.com

15 Biggest Chinese State-Owned Companies

15 Biggest Chinese State-Owned Companies

In this article, we will discuss the 15 Biggest Chinese State-owned Companies. You can skip our detailed analysis of the Chinese economy and go directly to the 5 Biggest Chinese State-owned Companies. With a GDP of US$ 17.73 trillion, China has the world’s second-largest economy, trailing only...

finance.yahoo.com

They contributed huge profit to government not by tax!

BTW, do you know which one is the biggest contributor of SOE to Chinese government?

China Tobacco logged a record $214 billion in profits in 2021, more than double global top-earner Apple’s $94 billion. The tobacco giant usurped all other Chinese SOEs such as State Grid ($11 billion) and Sinopec ($9 billion) and Chinese private companies Alibaba ($38 billion) and Huawei ($17.8 billion).

China Tobacco: The world’s most profitable company you’ve never heard of – The China Project

With $214 billion in profits last year and 40% of the world’s cigarette consumption, China Tobacco is the most profitable company in the world.

thechinaproject.com

According to the law, all the profit of China Tobacco will go to government, so $214 billion in profits in 2021 all belong to fiscal revenue.

Guess how much of India's fiscal revenue in 2021? 353.52 billion U.S. dollars right?

... ... So why you wrote too much contents about tax on China and India. I waited a whole day for your long but no sense wrong answer, yes i expected it and i didn't point out early.

 

[srevster]

And





Check this China's fiscal revenue growth by year:
View attachment 202732

China fiscal revenue growth:
2017: 7.4%
2018: 6.2%
2019: 3.8%
2020: -3.9%
2021: 10.7%
2022: 3.3%


China GDP growth:
2017: 6.9%
2018: 6.7%
2019: 6%
2020: 2.2%
2021: 8.4%
2022: 3%

They are almost propotional, sometimes growth of fiscal revenue is higher than GDP growth, sometime is lower, but always in the reasonable area.


-------------------------------------------------------

This is why sometimes i don't want spent time to debug with your conlcusion, you lack of basic economic knowledge, but this is economic thread,

Even you wrote too much contents about tax revenue, but tax revenue is not equal to fiscal revenue, you wasted time of your own and readers ...

In China, there are some other revenues from govenment:
huge profit from super big SOE, world's most profitable banks, telecom companies, engergy companies ...

China’s state-owned banks and tech giants are the country’s most profitable companies

Fortune Global 500: China’s state-owned banks, tech giants are most profitable

The performance of the firms mirrored China's 2020 economic trajectory.

fortune.com

15 Biggest Chinese State-Owned Companies

15 Biggest Chinese State-Owned Companies

In this article, we will discuss the 15 Biggest Chinese State-owned Companies. You can skip our detailed analysis of the Chinese economy and go directly to the 5 Biggest Chinese State-owned Companies. With a GDP of US$ 17.73 trillion, China has the world’s second-largest economy, trailing only...

finance.yahoo.com

They contributed huge profit to government not by tax!

BTW, do you know which one is the biggest contributor of SOE to Chinese government?

China Tobacco: The world’s most profitable company you’ve never heard of – The China Project

With $214 billion in profits last year and 40% of the world’s cigarette consumption, China Tobacco is the most profitable company in the world.

thechinaproject.com

According to the law, all the profit of China Tobacco will go to government, so $214 billion in profits in 2021 all belong to fiscal revenue.

Guess how much of India's fiscal revenue in 2021? 353.52 billion U.S. dollars right?

... ... So why you wrote too much contents about tax on China and India. I waited a whole day for your long but no sense wrong answer, yes i expected it and i didn't point out early.

what the fuck is this? make your post legible and easy to understand.

where are you pulling these numbers from?

https://news.cgtn.com/news/2022-10-...alls-in-first-9-months-1ermPtQrrcA/index.html

(China's fiscal revenue dropped 6.6 percent year on year during the first nine months of 2022, official data showed on Tuesday.)

You can't just make shit up and hope people will bite.

Prime Minister Narendra Modi on Monday lauded the GST revenue collection for the month of April as a ‘great news for the Indian economy’. The GST revenue figures grew by 12 over the last year while also touching the highest-ever monthly revenue of ₹1.87 lakh crore. This is the first time GST collection has crossed the ₹1.75 lakh crore mark. Additionally, the gross GST collection for the fiscal year 2022-23 was 22 percent higher than the last fiscal year at ₹18.10 lakh crore.

'Great news for Indian economy…' PM Modi on highest ever GST tax collection

PM Modi took to share his message on the the highest ever GST revenue collection numbers

www.livemint.com

where is 22% growth and where is -6% growth.

 

[Azaad]

And





Check this China's fiscal revenue growth by year:
View attachment 202732

China fiscal revenue growth:
2017: 7.4%
2018: 6.2%
2019: 3.8%
2020: -3.9%
2021: 10.7%
2022: 3.3%


China GDP growth:
2017: 6.9%
2018: 6.7%
2019: 6%
2020: 2.2%
2021: 8.4%
2022: 3%

They are almost propotional, sometimes growth of fiscal revenue is higher than GDP growth, sometime is lower, but always in the reasonable area.


-------------------------------------------------------

This is why sometimes i don't want spent time to debug with your conlcusion, you lack of basic economic knowledge, but this is economic thread,

Even you wrote too much contents about tax revenue, but tax revenue is not equal to fiscal revenue, you wasted time of your own and readers ...

In China, there are some other revenues from govenment:
huge profit from super big SOE, world's most profitable banks, telecom companies, engergy companies ...

China’s state-owned banks and tech giants are the country’s most profitable companies

Fortune Global 500: China’s state-owned banks, tech giants are most profitable

The performance of the firms mirrored China's 2020 economic trajectory.

fortune.com

15 Biggest Chinese State-Owned Companies

15 Biggest Chinese State-Owned Companies

In this article, we will discuss the 15 Biggest Chinese State-owned Companies. You can skip our detailed analysis of the Chinese economy and go directly to the 5 Biggest Chinese State-owned Companies. With a GDP of US$ 17.73 trillion, China has the world’s second-largest economy, trailing only...

finance.yahoo.com

They contributed huge profit to government not by tax!

BTW, do you know which one is the biggest contributor of SOE to Chinese government?

China Tobacco: The world’s most profitable company you’ve never heard of – The China Project

With $214 billion in profits last year and 40% of the world’s cigarette consumption, China Tobacco is the most profitable company in the world.

thechinaproject.com

According to the law, all the profit of China Tobacco will go to government, so $214 billion in profits in 2021 all belong to fiscal revenue.

Guess how much of India's fiscal revenue in 2021? 353.52 billion U.S. dollars right?

... ... So why you wrote too much contents about tax on China and India. I waited a whole day for your long but no sense wrong answer, yes i expected it and i didn't point out early.

https://www.occrp.org/en/loosetobacco/china-tobacco-goes-global/what-is-china-tobacco

Lol. Looks like China Tobacco like some if not most Chinese SOEs is another shady enterprise. If I didn't know better I'd say it's another money laundering operation.

 

[nongaddarliberal]

East Asia nations are 1 of 3 most innovative regions.

View attachment 201994

Did you just airbrush out Arunachal and Kashmir? Buddy that's just silly if you did. And it breaks forum rules.

 

[srevster]

Did you just airbrush out Arunachal and Kashmir? Buddy that's just silly if you did. And it breaks forum rules.

Can we get a ban? Guy just keeps posting fake stuff

 

[Sayman Ame]

Can we get a ban?

Did you just airbrush out Arunachal and Kashmir? Buddy that's just silly if you did. And it breaks forum rules.

Lol, the kid has wiped off parts of Dharmic Republic of Tibet (aka China Occupied Tibet ) in his hyperventillating attempt at manipulating the map. So China has given up on its occupation of Tibet ? What say @rockdog ?

 

[rockdog]

Lol, the kid has wiped off parts of Dharmic Republic of Tibet (aka China Occupied Tibet ) in his hyperventillating attempt at manipulating the map. So China has given up on its occupation of Tibet ? What say @rockdog ?

I got this image from weibo, it's already like this. notice the Taiwan is in different color, i didn't process anything.

For Tibet, ur government recognized it's part of China.

And i m in Tibet now for my vacation, will create a new thread, welcom then.

 

[rockdog]

So China has given up on its occupation of Tibet ? What say @rockdog ?

Road trip to the west, my National Day holidays

1st - 7th Oct is PR.China's national day holidays, it's a 7-day long holiday which means lots of Chinese like long distance travel，including road trip cross provinces. The western China is always the most popular. My plan was drive through Sichuan or Qinghai province, and finally get to Lhasa...

defenceforumindia.com

this was the threat i created half year ago. i was in Yunnan Tibetan area. now I m right in Tibet now, will update it in following week everyday. welcome.

Can we get a ban? Guy just keeps posting fake stuff

@srevster

u r also welcome, lets check how 6x GDP created inside China.

 

[srevster]

Road trip to the west, my National Day holidays

1st - 7th Oct is PR.China's national day holidays, it's a 7-day long holiday which means lots of Chinese like long distance travel，including road trip cross provinces. The western China is always the most popular. My plan was drive through Sichuan or Qinghai province, and finally get to Lhasa...

defenceforumindia.com

this was the threat i created half year ago. i was in Yunnan Tibetan area. now I m right in Tibet now, will update it in following week everyday. welcome.






@srevster

u r also welcome, lets check how 6x GDP created inside China.

You can take your 6x and shove it. It’s fake growth. Your fiscal revenue was -6.6% in 2022 but GDP growth says 6%. All lies and manipulation

 

[nongaddarliberal]

Posting original map here.

 

[Sayman Ame]

I got this image from weibo, it's already like this. notice the Taiwan is in different color, i didn't process anything.

For Tibet, ur government recognized it's part of China.

And i m in Tibet now for my vacation, will create a new thread, welcom then.

View attachment 202789

View attachment 202790

Oh yeah, forgot you have to live your "10x bigger GDP" under state surveillance and massive repression of human agency. Totally understand your plight of having to blur your occupation of Tibet under weibo or anywhere else.

Also, whatever agreement was done on Tibet's occupation recognition, won't hold anymore for it was a mere "declaration" and not a treaty per se, and even if it were a treaty, it could be anulled under various provisions of Vienna conventions.

But sure, go ahead, post pics of Tibet. Would love to see the influence of Dharma on Tibet.

 

[Azaad]

China is going after the legacy chips that China currently have almost a completely internal supply chain for.

Then it will go after the leading edge. The industry is nearing the maximum of what is possible on smaller chips etched by light so advancement will slow down for everyone. And China, unlike other countries, has companies in every link in the supply chain to make that final push for the leading edge.

Those companies were always there but couldn't break through the Western monopoly on China's electronic manufacturers. Now the US ban removed not only American competition but allied competition as well

China’s semiconductor industry can’t quit German optics – The China Project

Semiconductors require advanced optical systems, and Chinese optics firms are reliant on foreign supply chains that are coming under greater scrutiny.

thechinaproject.com