China News Thread
- Thread starter KYli
- Start date
But according to this economic genius China's economic ascent is all but a mirage.
User since Feb 2021
Tyler M.
@M P. It appears you have no idea why there was such a huge jump in retail spending and GDP. After 2008 recession, China started printing inordinate amount of cash and pumped into the economy. Between 2008 and 2020, China's economy grew by $10.83 Trillion but money supply increased by a whopping $26.7 Trillion! Why is cash in the economy increasing more than GDP, where is it coming from if pple never worked for it? Well China printed trillions of cash, gave it as loans to developers to build ghost cities and infrastructure, money went into the economy so people started spending. US GDP $21 Trillion, Money supply, $20 Trillion. As you can see, US money supply, is the same as GDP, no excess printing. China GDP $15.5 Trillion, money supply $33.5 Trillion. Excess of $18 Trillion. China is a smaller economy than US but it has $13.5 Trillion more in cash than US. If you look at the ratio of China's money supply to GDP, you will find that China prints more cash than Zimbabwe, the african country where bread was once going for 35 million Zimbabwean dollars, Chinese people did not work for this money to have such a huge jump in economy, China printed money out of thin air and gave it to people.
What’s really sad is that looks like a face generator.
Probably an Indian or wannabe-white Hong Konger/Taiwanese who think you can only get validation or attention by being white
The sheer dedication of poverty relief workers and experts is perhaps one of the main the reasons why China's poverty alleviation efforts is successful. CGTN's Liu Xin follows an outstanding expert for 4 days. The guy ( who is also a CPC member) has been working in Karst region of Guangxi for 27 years:
He definitely isn't a Australian senator
supercat
Major
One of the tallest cable bridge in China:
July 10, 2021
This is kind of funny.
What is the west?
The west is about freedom, individualism.
But when it comes to China, the Western media is all signalling that there are very tight parameters around freedom and individualism that cannot be breached, otherwise that voice gets ostracized.
Doesn't it seem like that they have to suppress the freedom and individualism of these vloggers, so that China is shown to be a sham therefore Western values, such as freedom and individualism, can be shown to be the right choice?
Seems like every year is Nineteen Eighty Four.
Is the level of flooding happening in Sichuan, China hard to mitigate? It seems that the flooding due to severe rain always bring the unfortunate flooding to some of China's major provinces and cities as happened last year in the city of Chongqing. Is there any possible engineering plan(s) that can help prevent the massive flood from occurring or is this something that China and the Chinese must learn to cope and live with as it has done so for thousands of years.