Chinese Economics Thread

[tphuang]

Pretty robust growth in money supply in China

https://twitter.com/i/web/status/1645708231602483200

in general, a lot more money coming in, indicating pretty healthy expansion of the economy
but somehow, no inflation at all

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China southern power grid bought Enel Peru for $2.9B. China getting into Latin American power sector

 

[Lethe]

The IMF has just released the October 2022 edition of its World Economic Outlook publication, which extends the horizon of its economic projections to 2027.

In 2027, the IMF projects China's GDP to be $28.25tn against USA projected GDP of $30.28tn. That is to say, the projection is for China's GDP in 2027 to be 93% of USA's GDP, up from 77% in 2021.

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The IMF has released the

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of its World Economic Outlook publication, which extends the horizon of its economic projections to 2028.

In 2028, the IMF projects China's GDP to be $27.49tn against USA projected GDP of $32.35tn. That is to say, the projection is for China's GDP in 2028 to be 85% of USA's GDP, up from 71% in 2022.

This is a significant downgrade from the October 2022 projection (93% in 2027), which was in turn a slight downgrade from the April 2022 projection (94% in 2027).

 

[gelgoog]

The Chinese economy will likely grow less with US sanctions on it. But the US economy will likely also take a major hit.

 

[duncanidaho]

The IMF has released the

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of its World Economic Outlook publication, which extends the horizon of its economic projections to 2028.

In 2028, the IMF projects China's GDP to be $27.49tn against USA projected GDP of $32.35tn. That is to say, the projection is for China's GDP in 2028 to be 85% of USA's GDP, up from 71% in 2022.

This is a significant downgrade from the October 2022 projection (93% in 2027), which was in turn a slight downgrade from the April 2022 projection (94% in 2027).

While the US-GDP is bloated by the high inflation, their people is getting poorer and poorer.

 

[ht1688]

The IMF has released the

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of its World Economic Outlook publication, which extends the horizon of its economic projections to 2028.

In 2028, the IMF projects China's GDP to be $27.49tn against USA projected GDP of $32.35tn. That is to say, the projection is for China's GDP in 2028 to be 85% of USA's GDP, up from 71% in 2022.

This is a significant downgrade from the October 2022 projection (93% in 2027), which was in turn a slight downgrade from the April 2022 projection (94% in 2027).

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China’s lagging growth a key threat this year, IMF managing director Kristalina Georgieva said, while the US is ‘most resilient.’

They can't predict a few months ahead. I'd take their prediction 5 years ahead with a huge grain of salt.

 

[canonicalsadhu]

Looking at the IMF projections the US GDP nominal growth is like 70-80% driven by inflation which is pretty unprecedented. I don't know how sustainable that is, and I wonder the long-term effects on the US competitiveness. They could probably get away with that if they had a monopoly on technology (like they had for the past decades and enjoyed solid growth as a result) but with the technological rise of China I don't think this is sustainable at all.
And apparently China's growth is going to decelerate to 3.4% in 2028? So basically China will stagnate at around 1/4th of US GDP/capita. This report seems rather absurd to me.

 

[BlackWindMnt]

In the past 3~4 years the US has been the most resilient economy but somehow they have an inflation, banking, infrastructure etc disasters. So big doubt about the US being the most resilient.

Just print more dollars and hope the dollar stays strong. Is not a stable economic/industrial policy

 

[kentchang]

The IMF has released the

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of its World Economic Outlook publication, which extends the horizon of its economic projections to 2028.

In 2028, the IMF projects China's GDP to be $27.49tn against USA projected GDP of $32.35tn. That is to say, the projection is for China's GDP in 2028 to be 85% of USA's GDP, up from 71% in 2022.

This is a significant downgrade from the October 2022 projection (93% in 2027), which was in turn a slight downgrade from the April 2022 projection (94% in 2027).

IMF is using a 3.9% median growth rate between 2024 and 2028 for the most recent report. Let's hope China can do better than that.

In Oct 2022, the future median growth rate used was 4.6%. Substantial decrease.

 

[CMP]

As I have warned before, West-funded/sourced/influenced data is propaganda. You guys just don't learn huh?

 

[CMP]

Pretty robust growth in money supply in China

https://twitter.com/i/web/status/1645708231602483200

in general, a lot more money coming in, indicating pretty healthy expansion of the economy
but somehow, no inflation at all

Please, Log in or Register to view URLs content!

China southern power grid bought Enel Peru for $2.9B. China getting into Latin American power sector

Probably because the increased money supply is bolstering the means of production rather than FIRE schemes?