Although this is true in a way, it is an issue that needs to be thought about well. If you face the negative consequences of population decline in the future, you will not be able to undo it at once. It will be too late now.
Chinese Economics Thread
- Thread starter Norfolk
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He's one of the persistent trolls who was previously banned, I'm sure of it.
I realized my mistake when you said, and I'm sorry about it. I've been following this place since 2021, but this is the first time I'm writing. i remember sleepy , but I'm not him. As you said, I am Turkish and I live in Turkey.
No he isn’t. If you can’t counter another’s argument or feel that the discussion isn’t leading to anywhere, just move on rather than resorting to ad hominem’s.
The key metric is high quality, not total, population.
The west is backsliding because its high quality population is decreasing (while low quality population is increasing).
China's high quality population is increasing, which is the reason for the gains you have been seeing the last few decades.
India has a large low quality population, which is why despite a 1.4B total pop, it is still much weaker than China (equal pop) and the US (lower).
manqiangrexue
Brigadier
Absolutely the hell not. You said Aliens??? LOL Go look at WTO definitions; don't make things up out of thin air.
Developed countries rely primarily on technology. Developing countries rely primarily on cheap goods and agriculture. What you said has no meaning to this discussion. The measure is used by the WTO; if you don't use it, that's your problem.
Leadership of what? All the European countries that have no leadership in anything maintain their developed country status with no issue. You really don't know what you're talking about...
Your opinion is countered by fact, and I have showed you why multiple times. Who innovates more, a 20 year old student or a 55 year old professor? Having more young people than old people simply means your population is increasing, or that your country has low life expectancy. It has nothing to do with innovation and that you stick to this despite being repeatedly proven wrong is quite frankly your inability to learn.
That literally means nothing. Without numbers, one can very well say that means to leave it to nature and that's what China is doing.
OK but you need to understand the requirments of a modern ecnomy in order to have a productive discussion rather than ignore facts and arguments insisting without support that a large population of young people are what China needs to be "sure" of its success.
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When we talk about the Chinese economy, what GDP growth number would be overperformance or underperformance?
Branko Milanovic has taken all growth data after 1952 and found that growth generally beings to decline after $10,000 per capita in PPP terms. China's 2023 number (5% expected growth) is far above what you'd expect given their income level.
Of course, China also gets that growth by adding lots of debt. It would be interesting to see the growth rate without that debt accumulation. I suspect it would still overperform, albeit less so obviously.
Branko Milanovic has taken all growth data after 1952 and found that growth generally beings to decline after $10,000 per capita in PPP terms. China's 2023 number (5% expected growth) is far above what you'd expect given their income level.
Of course, China also gets that growth by adding lots of debt. It would be interesting to see the growth rate without that debt accumulation. I suspect it would still overperform, albeit less so obviously.
Ipjhone served its purpose of building supply chains. It is time to replace it with domestic company. If they are going india then they are not taking our staff.
Bring down the hammer!
Its too early. Need massive (domestic) chip expansion to cover that huge gap.
Lets give them another 3 or so years