Chinese Economics Thread

[jli88]

Often the GDP growth rates that are cited (real GDP increase in domestic currency) is not enough to show how economic power calculus between Nations is shifting.

The Nominal $ denominated figures are more comparable for that.



Chinese economy went from being 76% of US size to (projected in 2024) to 64.3% of US size. Even 5 years back that was unimaginable.

 

[Maikeru]

Often the GDP growth rates that are cited (real GDP increase in domestic currency) is not enough to show how economic power calculus between Nations is shifting.

The Nominal $ denominated figures are more comparable for that.

View attachment 129311

Chinese economy went from being 76% of US size to (projected in 2024) to 64.3% of US size. Even 5 years back that was unimaginable.

You're making me feel, sleepy.

 

[gelgoog]

Often the GDP growth rates that are cited (real GDP increase in domestic currency) is not enough to show how economic power calculus between Nations is shifting.

The Nominal $ denominated figures are more comparable for that.
...
Chinese economy went from being 76% of US size to (projected in 2024) to 64.3% of US size. Even 5 years back that was unimaginable.

So you basically measure economic power by the capability to run a money printing press. Interesting.

 

[manqiangrexue]

Often the GDP growth rates that are cited (real GDP increase in domestic currency) is not enough to show how economic power calculus between Nations is shifting.

The Nominal $ denominated figures are more comparable for that.

View attachment 129311

Chinese economy went from being 76% of US size to (projected in 2024) to 64.3% of US size. Even 5 years back that was unimaginable.

It's unimaginable to you? You have a very poor imagination; it's rare when someone's imagination is less creative than reality as the RMB constantly flunctuates against the USD and it's currently unremarkable. Nominal GDP is determind by currency conversion, which is determined by the central bank. In other words, the size of your nominal GDP is determined by you. And yet, people don't try to one-up each other; why? Because it's pointless; nominal GDP just a trade tool to regulate import and export rate. You can raise your currency sky high and boost your nominal GDP through the roof and you wouldn't increase the size of your economy, only bust your own exports while heralding in imports. Why has the US complained to China before that it's undervaluing the RMB? Cus the US wants China to have a larger economy? LOL Why did you post this terribly ignorant thing on this forum?

 

[coolgod]

It's unimaginable to you? You have a very poor imagination; it's rare when someone's imagination is less creative than reality as the RMB constantly flunctuates against the USD and it's currently unremarkable. Nominal GDP is determind by currency conversion, which is determined by the central bank. In other words, the size of your nominal GDP is determined by you. And yet, people don't try to one-up each other; why? Because it's pointless; nominal GDP just a trade tool to regulate import and export rate. You can raise your currency sky high and boost your nominal GDP through the roof and you wouldn't increase the size of your economy, only bust your own exports while heralding in imports. Why has the US complained to China before that it's undervaluing the RMB? Cus the US wants China to have a larger economy? LOL Why did you post this terribly ignorant thing on this forum?

Maybe cause sleepy disciples are all gpt bots, they don't have knowledge that their China is collapsing theory has been posted and thoroughly refuted on SDF before. Inflation killed CIA's budget, so they have to resort to automation too.

 

[azn_cyniq]

You're making me feel, sleepy.

He's Indian and I said some mean things about Indians. Let's just let him vent for a bit

 

[Randomuser]

You're making me feel, sleepy.

Always a new account being created huh.

And then we hear the same stuff repeated ad nauseam.

 

[horse]

India commits FOREIGN ELECTION INTERFERENCE but China gets the blame in Canada. When Australia was making waves about an alleged nest of spies, most assumed it was China. But it was all the Supapowah India.

https://twitter.com/i/web/status/1788060030383849688

The Chinese may or may not have attempt to influence a Canadian election, but other foreigners over the years certainly have tried.

The alleged assassination of a Canadian national in Vancouver, basically is a terrorist act. And no one in Ottawa has the guts to discuss it.

They have the RCMP arrest someone, then they all lawyer up, and will not say anything anymore.

Talk about how to sanitize the situation.

That is why people, especially young people, are so disillusioned by the political process.

It is not about truth, doing the right thing, or for the good of the country. It is all about special interests pulling the strings from behind the curtain.

Pay no attention to the man behind the curtain.

 

[horse]

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[FriedRiceNSpice]

Often the GDP growth rates that are cited (real GDP increase in domestic currency) is not enough to show how economic power calculus between Nations is shifting.

The Nominal $ denominated figures are more comparable for that.

No, paper money is not a better measure of economic output. I've lost count of the number of times this has been debated on this forum, but I do remember each time it was conclusively proven PPP is a closer approximation of real economic output/power. At the very least, you can compare primary and secondary sector output in nominal terms but any meaningful comparison for the service sector must absolutely take into account PPP.