China Economy: News & Discussion

vin bharat mahan

Kumaoni, Uttarakhand
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So China has 19T,



India has 3.2T
i dont use much brain on numbers...like others do/did. they can claim/proof either chinese 19 trillion is real or fake. i m going with chinese 19 trillion nd india's 3.7 trillion gdp. coz i m a student, neither i m getting directly anything from 19 trillion or neither from 3.7 trillion economy😝😂. first provide me 1-2 billion dollars out of trillions gdp, than i will care about truth. 🤑🤑
 
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SexyChineseLady

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lol...thats how u make infrastructure. by loaning external nd internal debt. stupid people like u think debt/loan is their fathers property. keep increasing ur loans nd be proud of ur infrastructure.
china external debts:-

View attachment 223769
1) China has only tenth of the external debt of the US

2) All of those countries on that list are developed nations. Again, poor countries cannot generate debt to build infrastructure or much of anything else for that matter. Debt is a privilege of the rich.

3) China's debt is to itself. You can always print money to pay yourself off.

4) Poor nations cannot print money to pay themselves to build things. They go into hyperinflation. This is why they are undeveloped.

5) China has the lowest inflation of any country on earth. In fact, the West have to make it sound like a bad thing and call it "deflation." China still has a lot of capacity to build things because of the low inflation.

China can build things on a scale that even the US cannot dream of because it is a massively wealthy economy that can build "ghost cities" and HSR with no issues ;)

Building this would have bankrupt the entire West thrice over ;)
IMG_0904.jpeg


But China built it :)
 

Azaad

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1) China has only tenth of the external debt of the US

2) All of those countries on that list are developed nations. Again, poor countries cannot generate debt to build infrastructure or much of anything else for that matter. Debt is a privilege of the rich.

3) China's debt is to itself. You can always print money to pay yourself off.

4) Poor nations cannot print money to pay themselves to build things. They go into hyperinflation. This is why they are undeveloped.

5) China has the lowest inflation of any country on earth. In fact, the West have to make it sound like a bad thing and call it "deflation." China still has a lot of capacity to build things because of the low inflation.

China can build things on a scale that even the US cannot dream of because it is a massively wealthy economy that can build "ghost cities" and HSR with no issues ;)

Building this would have bankrupt the entire West thrice over ;)
View attachment 223844

But China built it :)
It's really heartening to know that China's external debt is a tenth of the US , that China can generate all that debt to build infrastructure as most of its debt is to itself & that China can always print more renmenbis to buy its way out of trouble anytime where the deflation China's now facing is actually very low inflation & not what western propaganda states plus all that blah .

My only question is why's great helmsman 2.0 hell bent on sinking the construction industry & all those consumer's savings in it when all he has to do is print more renmenbis to bail out the construction sector given that this sector single handedly contributes more than 1/3rd of Chinese GDP


 

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