Chinese Economics Thread

hans_r

New Member
Registered Member
Where did you get this from?
It's pretty obvious when the US STEM number matches US national statistics and China's STEM number doesn't match the 4-yr number from China's Ministry of Education but roughly matches the combined 2-yr/4-yr number. As for the rest of it, wow, China produces proportionally much fewer PhDs from universities with lower rankings. Such wow.
Already wrote this. Tigers don't fight; they are given things for their submission. China fights to grow against the wishes and powers of the collective West. It's the difference before begging for food and hunting for food.
Growing slower is actually a good thing because...something something something
As I see in what? You didn't cite shit. The only thing I see is that the US grew 7.5% in a time when China grew by ~21%. With the saved lives, that's good enough for me don't need more than that. China doesn't let people die for money and we still beat the US.
Performing at a historic low point: both in terms of growth and growth vis-a-vis the United States is actually a good thing!
Oh right, you realized you're uneducated? Spanish Flu went away. Swine flu went away. Things don't have to be extinct to "go away." Avoid them when they can cause mass deaths, and when they can't anymore, live with them. At 2,600 deaths a week in a population a quarter the size of China's, we'll pass. Zero COVID + outgrowing the US for us. Thanks
Some diseases indeed become endemic and cause elevated mortality as was the case for smallpox and polio (before vaccines) and is currently the case for tuberculosis. It's a coin-flip where COVID lands
 

manqiangrexue

Brigadier
It's pretty obvious when the US STEM number matches US national statistics and China's STEM number doesn't match the 4-yr number from China's Ministry of Education but roughly matches the combined 2-yr/4-yr number.
It's not obvious when you don't post your source.
As for the rest of it, wow, China produces proportionally much fewer PhDs from universities with lower rankings.
Proportionally? You realize that modern China was founded in 1949 and you're already down to per capita comparisons with the US. Cus if China were to win that one, it would be 4x the strength of the US. China doesn't need a proportion match; it just needs a sheer number overmatch to overpower the US in innovation and that's what's happening.
Such wow.
Yeah, so many things for ignorant people like you to learn.
Growing slower is actually a good thing because...something something something
Yeah that something something something is the thing that you need to keep pretending not to understand because the truth is unkind to you.
Performing at a historic low point: both in terms of growth and growth vis-a-vis the United States is actually a good thing!
Yeah, beating your opponent 3 to 1 is preferable to sacrificing family members' lives to try to beat him 4 to 1. Chinese humanity such a refreshing idea, eh? Why not throw people into the meat grinder like in the US? Grandpa/dad's old; the Chinese don't just let him die?! Not even for money?!?! Such different cultures, eh?
Some diseases indeed become endemic and cause elevated mortality as was the case for smallpox and polio (before vaccines) and is currently the case for tuberculosis. It's a coin-flip where COVID lands
Wherever it lands, China will open up when it is controllable by either technology or nature, as all plagues have become.
 
Last edited:

FriedButter

Colonel
Registered Member
Now, we will see pressure on China from the west to open up it's economy and reverse it's zero COVID policies.

I think it may be more complicated then that. At least for the Europeans. The EU knows if China economy opens up then LNGs/energy prices is going to go much higher. If energy prices are high now then wait until the Chinese economy is at full steam. Don’t forgot that the Japanese said long term LNG contracts are sold out until 2026.
 

supercat

Major
According to the projections by IMF, Bloomberg, and the Institute of International Finance, China probably will grow 2x faster than the U.S. this year and 4-5x faster than the U.S. in 2023, that's all we need to know for now. China's zero-COVID policies probably will be abolished 2nd or 3rd quarter next year, there may well be higher than expected growth by then.

As for STEM, there is an article from Forbes that mentions that about 7% of STEM PhD students in China is from foreign country, while more than 40% of STEM PhD in the U.S. is from foreign country. The Forbes article quotes from a study done by Georgetown University, which I listed below. Interestingly, while the quality of Chinese schools is considered in the study, the quality of U.S. schools is not. If you count STEM undergraduates, the gap between China and U.S. would be much bigger.
Forbes article:
Please, Log in or Register to view URLs content!
The study from Georgetown University:
Please, Log in or Register to view URLs content!

Regarding PISA, certain areas of China are selected because their income is most comparable to OECD countries. PISA score is affected by the development of a country. Do these areas have the highest scores in China's own National College Entrance Examination (gaokao)? That I do not know. One thing I'm pretty sure is that China has one of the highest IQ in the world.

GM will continue to invest in China:
 
Last edited:

hans_r

New Member
Registered Member
It's not obvious when you don't post your source.
The number of 4-yr STEM degrees in China is available here:
Please, Log in or Register to view URLs content!


US degree issuance here:
Please, Log in or Register to view URLs content!


China produces ~4x the number of 4-yr STEM degrees (so proportionally scalable to population and that is only going to go down due to China’s demographic crisis) and ~2x the number of 4-yr degree. All in all, not a good look for the supposoded superiority of China’s elementary and secondary education when it produces proportionally fewer college degrees and a proportionally similar number of STEM degrees.
Proportionally? You realize that modern China was founded in 1949 and you're already down to per capita comparisons with the US. Cus if China were to win that one, it would be 4x the strength of the US. China doesn't need a proportion match; it just needs a sheer number overmatch to overpower the US in innovation and that's what's happening.
Nah, it’s not. China needs to produce substantially more than what the US is producing to even come close to matching US levels because the US produced more in the past. As it relates to STEM doctorates: no, barely matching the US for a whole year, nah.

Yeah that something something something is the thing that you need to keep pretending not to understand because the truth is unkind to you.
What unkind truth? Convergence by poorer countries? If anything, it’s China that’s fallen off the convergence train with fanatical zero COVID while the US economy chugs away at steady 2-3% growth until the end of time. China has had many decades of trying to not have many firms in league rankings of the largest pharmaceutical/machine tool/integrated circuit/etc firms.
Wherever it lands, China will open up when it is controllable by either technology or nature, as all plagues have become.
Sounds like more fanatical zero COVID to absolutely pummel business investment and consumption in China for decades (or maybe centuries until broad spectrum antivirals come close to being effective)
 

manqiangrexue

Brigadier
The number of 4-yr STEM degrees in China is available here:
Please, Log in or Register to view URLs content!


US degree issuance here:
Please, Log in or Register to view URLs content!


China produces ~4x the number of 4-yr STEM degrees (so proportionally scalable to population and that is only going to go down due to China’s demographic crisis) and ~2x the number of 4-yr degree. All in all, not a good look for the supposoded superiority of China’s elementary and secondary education when it produces proportionally fewer college degrees and a proportionally similar number of STEM degrees.
Oh it's not a good look now to be proportionally lower than the US? I didn't know you had such a poor opinion of America; I really didn't. Even among the China supporters here, we are well aware that China is a developing country while the US is a developed country so we are looking to surpass it overall but per capita or by proportion, we have a while to go. But here you are ratting off about how China should be able to hand the US its ass proportionally as well or else it's a bad look! Didn't know you thought of the US as a bottom line do-not-be-worse-than-this country. Well, it hasn't happened yet; we were founded in 1949. We'll surpass the US overall before we do it "by proportion."

Anyway, there's no demographic crisis as China's growth comes from the rural population becoming urban, not just adding more people and even with an extremely sizeable reduction in population, China would still have over 3x that of America.
Nah, it’s not. China needs to produce substantially more than what the US is producing to even come close to matching US levels because the US produced more in the past.
That's cus America's prime was in the past but ours in in the future. And China is producing much much more, just not more per capita, which would mean over 4x more.
As it relates to STEM doctorates: no, barely matching the US for a whole year, nah.
What does the whole year mean? China produces more STEM doctorates than the US. Did you read the Georgetown study Supercat and I cited? Or too painful?
Please, Log in or Register to view URLs content!
"Based on current enrollment patterns, we project that by 2025 Chinese universities will produce more than 77,000 STEM PhD graduates per year compared to approximately 40,000 in the United States. If international students are excluded from the U.S. count, Chinese STEM PhD graduates would outnumber their U.S. counterparts more than three-to-one."
How about this one?
Please, Log in or Register to view URLs content!
"In 2010. Chinese universities graduated 34,801 STEM doctorates compared to 26,076 by American universities.

Over the last decade, China has steadily increased its lead. In 2019, Chinese universities produced 49,498 PhDs in STEM fields, while U.S. universities produced 33,759."
I wouldn't call that margin "barely" at all and that's 3 year old data with China's lead rising. And if you compare America's 2019 numbers to China's 2010 numbers, you'll see that the US is over a decade behind China in sheer number, not per capita.
What unkind truth? Convergence by poorer countries?
The unkind truth that China prioritized lives over money and still beat the US by nearly a 3-to-1 margin.
If anything, it’s China that’s fallen off the convergence train with fanatical zero COVID while the US economy chugs away at steady 2-3% growth until the end of time.
21% vs 7.5% is falling off? LOL I wanna be that kinda off forever. If China "chugged away" at 2-3% after COVID, I would call that crawling, and so would every Western media outlet. The CCP would replace its leadership if it got that bad. And while China's per capita GDP is a ways off from America's, once again, the total GDP is very close. That's why America's sweating bullets. If America had 4x the GDP of China and China did a 21% vs 7.5%, there's cushion. But with the GDP this close in nominal terms (it would actually be closer had America not inflated the value of the USD trying to stave off runaway inflation) and China already significantly ahead in PPP or the real GDP measure 21% over 7.5% is another ugly truth that the US will have to swallow. The fact that it was done with China still in lockdown... LOL The US should just give up.
China has had many decades of trying to not have many firms in league rankings of the largest pharmaceutical/machine tool/integrated circuit/etc firms.
China has firms that are worldwide-sanction proof making the top level equipment anywhere. America had many decades as a hegemon to stop China but ended up a global beggar asking for other countries to help technologically embargo China only to be rejected by everyone non-stop for a year. I honestly thought the US had more power than that...
Sounds like more fanatical zero COVID to absolutely pummel business investment and consumption in China for decades
Hey, if it keeps up like this we might as well play with a handicap and keep China COVID Zero even after COVID and we'll still win. We'll run the US down anyway. Your numbers, not mine.
(or maybe centuries until broad spectrum antivirals come close to being effective)
Damn, you're stupid... LOL Nobody can be this purely stupid; it has to be mixed with massive amounts of hopium.
 
Last edited:
Top