Chinese Economics Thread

siegecrossbow

General
Staff member
Super Moderator

supercat

Major
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.
There are other parameters for gauging the growth rate and the size of economy. While the growth of China's consumption of electricity is almost equal to the total growth of the rest of the world combined, the US is actually using less electricity with a negative growth rate.
 

Serb

Junior Member
Registered Member
If the Chinese economy is fake and crashing what about all the other economies?

It turned out that the "deflation" wasn't all that bad. It made their exports more competitive (especially when you have inflation everywhere else). It is not only about the exchange rates of yuan vs other currencies but also how cheaper everything used for production in China is.
 

TK3600

Major
Registered Member
I suddenly realized one thing. The global export volume is still positive only because China is positive… China is literally carrying global export…
Conversely, others are losing export because China is exporting more. Nobody is carrying anything. Because for every export, there is someone importing. There is a set amount based on total trade volume. The more China exports, the less others will export under the same trade volume. Likely because their export is no longer competitive. The more one export, the greater the economy of scale advantage. The less others will have economy of scale. This gap will likely grow much bigger, despite already really big.
 
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bebops

Junior Member
Registered Member
there are many other metrics to look at to see whether a country is well or not

china produce 12-13x more steel and cement than US. There is no way US warship production can catch up.

china inflation rate has been steady ay 0% these recent years.. i feel bad for super confident country like argentina which stuck at 280% inflation. the west will never say argentina going to collaspe
 
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