China Economy: News & Discussion

[MiG-29SMT]

What the fuck is this? Can you explain your rationale with data or evidence

The evidence is in the way companies are merging and trade agreements.

Example IHI of Japan works with many companies to make jet engines.

alliances of companies are to consolidate markets and trade agreements to have customs Unions to protect local markets from areas where companies are not so much intertwine.

Globalization is a fact

 

[MiG-29SMT]

South Korea TFR vs GDP

View attachment 234099
View attachment 234098
Little to no growth in 20 years

but what about Japanese or South korean companies? they continue be dominant despite in their original markets their countries are having trouble.

Japan sells cars regardless they are built in Japan or not, same Samsung or LG.

That is the way capitalism work, is all about coorporations

 

[srevster]

Revising down the rise of China | Lowy Institute

Despite being on track to become the world’s largest economy, China will struggle to avoid a future of significantly slower long-term growth.

www.lowyinstitute.org

• China will likely experience a substantial long-term growth slowdown owing to demographic decline, the limits of capital-intensive growth, and a gradual deceleration in productivity growth.
• Even with continued broad policy success, our baseline projections suggest annual economic growth will slow to about 3% by 2030 and 2% by 2040, while averaging 2–3% overall from now until 2050.

$4T growing at 7% per year for 30 years is a $30T market

$18T growing at 2% per year for 30 years is a $32T market

China won’t sustain 2% with a rapidly declining population, which means India will surpass China in next 30 years

 

[srevster]

but what about Japanese or South korean companies? they continue be dominant despite in their original markets their countries are having trouble.

Japan sells cars regardless they are built in Japan or not, same Samsung or LG.

That is the way capitalism work, is all about coorporations

You can’t conflate companies and countries. For example, Toyota is a Japanese company that has American subsidiary. The American subsidiary does not contribute to Japanese GDP. If that is how you want to play, we need to start including JLR, Land Rover and all Indian owned subsidiaries under Indian GDP.

 

[srevster]

The evidence is in the way companies are merging and trade agreements.

Example IHI of Japan works with many companies to make jet engines.

alliances of companies are to consolidate markets and trade agreements to have customs Unions to protect local markets from areas where companies are not so much intertwine.

Globalization is a fact

Yes, there will be M&A. But you are conflating corporate mergers with country’s GDP growth. A country’s GDP is not affected when a holding company buys a subsidiary. Now if that subsidiary is moved from overseas to a local factory then it will impact GDP. You need to separate (control / corporate governance) from actual Gross Domestic Product

 

[MiG-29SMT]

You can’t conflate companies and countries. For example, Toyota is a Japanese company that has American subsidiary. The American subsidiary does not contribute to Japanese GDP. If that is how you want to play, we need to start including JLR, Land Rover and all Indian owned subsidiaries under Indian GDP.

In general I am for each nation to develop and have high standards of living, but globalization means international control of coorporations destroying the concept of nation.

Is not the population what counts for coorporations but the markets and profits.

Of course governments try to balance what the people of each nation needs and the greedy capitalists want, oligarchs and dictators are examples of the ultimate goal of power is.

In an Ideal world China, India or any nation should live well, Saddly nationalism and greed divide people, workers fight workers, while capitalists use them as pawns for cheapening labour cost, sincerally I wish you the best to both of your nations.

I like India and I also admire the chinese confidence, war should not be an answer, I am not in favour of communism or communists.

I am just a human that knows we all need each other to survive, learn and grow.

Saludos

 

[srevster]

In general I am for each nation to develop and have high standards of living, but globalization means international control of coorporations destroying the concept of nation.

Is not the population what counts for coorporations but the markets and profits.

Of course governments try to balance what the people of each nation needs and the greedy capitalists want, oligarchs and dictators are examples of the ultimate goal of power is.

In an Ideal world China, India or any nation should live well, Saddly nationalism and greed divide people, workers fight workers, while capitalists use them as pawn of cheapening labour cost, sincerally I wish you the best to both of your nations.

I like India and I also admire the chinese confidence, war should not be an answer, I am not in favour of communism or communists.

I am just a human that know we all need each other to survive, learn and grow.

Saludos

That’s all fun and games, but the original conversation was about Chinese GDP growth and the assertion that it won’t grow due to population shrinkage.

corporations are only loyal to the board

 

[jai jaganath]

Define baseless. Every assertion I make is backed by data and articles. Meanwhile you just pass gas hoping no one calls bullshit

Comon u arrive to abuse someone when that guy doesn't fall for ur baseless and retarded posts
That speaks about ur irrelevant data
I can abuse u 10X but mods behave differently anyways enjoy ur stay at West troll Chinese and praise India

 

[srevster]

Comon u arrive to abuse someone when that guy doesn't fall for ur baseless and retarded posts
That speaks about ur irrelevant data
I can abuse u 10X but mods behave differently anyways enjoy ur stay at West troll Chinese and praise India

my baseless posts are articles from 50-60 different newspapers agreeing with my assessment

 

[srevster]

The failure to restructure the world's second-largest economy has raised critical questions about what comes next for China.

While many analysts see a slow drift towards Japan-style stagnation as the most likely outcome, there is also the prospect of a more severe crunch.

"Things always fail slowly until they suddenly break," said William Hurst, Chong Hua Professor of Chinese Development at University of Cambridge.

"There is a significant risk in the short term of financial crisis or other degree of economic crisis that would carry very substantial social and political costs for the Chinese government. Eventually there's going to have to be a reckoning."

https://www.reuters.com/world/china/part-chinas-economic-miracle-was-mirage-reality-check-is-next-2023-09-03/

 

[jai jaganath]

my baseless posts are articles from 50-60 different newspapers agreeing with my assessment

Yes mate be happy with ur assessment
Anyway West is good place and u can be very happy there don't forget to troll Chinese and praise India

 

[Azaad]

my baseless posts are articles from 50-60 different newspapers agreeing with my assessment

Always remember...

 

[Blademaster]

All countries in general have things, mine is not the exception, China and India are in my opinion destined to be both important economies simple because between you and the Chinese are at least 30% of humanity in terms of population.

Smart Chinese and Indians understand that instead of being enemies you should be allied since is the only way both of you can growth economically to become really big economies.

Globalization and outsourcing means technology spreads and the local oligarchies want a slide of the pie when a foreign company sets business in the local markets.

Putin envisions a world devided in zones of Influence.

China and india in Putin`s view are to have their zones of Influence.

Brazil wants to have south America for their own, same Russia wants all the former soviet states under Russian influence.

The main point will be for BRICS to be viable is the Russia-China relation and China-India relation, Ideally a strong alliance will ensure development for BRICS however there are so many points of disagreement and Globalization creates not fixed alliances, India for example is allied to USA-Australia-Japan at the same time is in BRICS and Brazil is an ally of USA too.

The only thing I have for sure is both India and China will continue to growth economically.

Well tell that to President Xi and his minions who keep poking in our eyes and throwing sand in our face. China is massively arming Pakistan and subsiding Pakistan's nefarious activities and protecting its terrorists who are responsible for the deaths of many Indians from worldwide condemnation and prosecution. Not to mention the anti-hindu pogroms going in that shithole of a country.

 

[Blademaster]

What the fuck is this? Can you explain your rationale with data or evidence

I think he is saying that in order for our economy to grow we need our export markets to grow as well.

 

[RoaringTigerHiddenDragon]

Comon u arrive to abuse someone when that guy doesn't fall for ur baseless and retarded posts
That speaks about ur irrelevant data
I can abuse u 10X but mods behave differently anyways enjoy ur stay at West troll Chinese and praise India

His views are not baseless. His assertion that Chinese gdp will not grow as its labor force shrinks is a fact. This has happened everywhere- the EU, US, Canada, Australia , Russia, Japan, Korea etc.
Also his assertion that India is the only country where manufacturing economies of scale exist and can be profitable is also a fact. No country can provide the large domestic market, amount of low cost labor and infrastructure like India can. India’s merchandise exports will surely cross $1 trillion+ by 2030 as big retailers in America are driving toward this.
The only unknown is the impact of industrial automation, AI etc on manufacture labor. But no one has said automation will derail India’s growth path.
Where exactly are you able to oppose him? Nowhere.

 

[jai jaganath]

His views are not baseless. His assertion that Chinese gdp will not grow as its labor force shrinks is a fact. This has happened everywhere- the EU, US, Canada, Australia , Russia, Japan, Korea etc.
Also his assertion that India is the only country where manufacturing economies of scale exist and can be profitable is also a fact. No country can provide the large domestic market, amount of low cost labor and infrastructure like India can. India’s merchandise exports will surely cross $1 trillion+ by 2030 as big retailers in America are driving toward this.
The only unknown is the impact of industrial automation, AI etc on manufacture labor. But no one has said automation will derail India’s growth path.
Where exactly are you able to oppose him? Nowhere.

Oh bro
Patience
His unnecessary posts runs towards 1000s that is regarding Indian economy entertainment and all Indian related matters here
And how can I forget most weird assumptions and articles with no relation with thread
All these things apart from demographic issue
And I have no problem with latter
Anyway it has become wonderful thread apart from China Mexico Argentina Brazil Europe being discussed here

 

[RoaringTigerHiddenDragon]

Oh bro
Patience
His unnecessary posts runs towards 1000s that is regarding Indian economy entertainment and all Indian related matters here
And how can I forget most weird assumptions and articles with no relation with thread
All these things apart from demographic issue
And I have no problem with latter
Anyway it has become wonderful thread apart from China Mexico Argentina Brazil Europe being discussed here

But you said his arguments were baseless? You did not say his posts were not thread related. You explicitly said “baseless”. Why?

 

[Azaad]

But you said his arguments were baseless? You did not say his posts were not thread related. You explicitly said “baseless”. Why?

Btw that's a high IQ question.

 

[MiG-29SMT]

Well tell that to President Xi and his minions who keep poking in our eyes and throwing sand in our face. China is massively arming Pakistan and subsiding Pakistan's nefarious activities and protecting its terrorists who are responsible for the deaths of many Indians from worldwide condemnation and prosecution. Not to mention the anti-hindu pogroms going in that shithole of a country.

I totally agree. the chinese government is not communist it is a dictatorship, communism has never existed and all are frauds. So I do not support communism and much less the CCP.


I just meant in an ideal world all people on earth deserve a good life, saddly in the real world greed, hate and ignorance make people suffer.

I do understand you points. Saludos

 

[jai jaganath]

But you said his arguments were baseless? You did not say his posts were not thread related. You explicitly said “baseless”. Why?

That's what is baseless wrt thread
When someone is talking regarding automated AI enabled cars and the particular poster brings driver into the discussion
That is baseless
But there are few other retards with <50 IQ who can't understand