Chinese Economics Thread

[siegecrossbow]

@siegecrossbow Sir preparing for an eventual war or crisis?

Does it matter?

 

[NiuBiDaRen]

https://twitter.com/i/web/status/1471919442200174596

 

[Overbom]

https://twitter.com/i/web/status/1471919442200174596

China is officially going for the German model

Surely the EU has to act now. If it waits until 2025 or 2030, China will eat up the EU competitors

 

[antiterror13]

It's such a weird comment each time I see it, it takes a 5s Google search to debunk it.

China's total debt is like 300% gdp that is a sign of weakness, but hold on the US with a total debt of 900% gdp is just doing fine.

Yeahh because the US is "democratic" country .. so it will be fine whatever debt level is

 

[NiuBiDaRen]

China is officially going for the German model

Surely the EU has to act now. If it waits until 2025 or 2030, China will eat up the EU conpetitors

Will we be able to press the button in 2025 or 2030?

 

[Overbom]

Will we be able to press the button in 2025 or 2030?

The button will have to wait until 2050 at the very least

As for now, the German model is (in essence) to have a lot of small-medium but innovative companies. Thats how Germany's economy is being run, and that's why it is an industrial superpower now

That China (multiple times population of Germany), is adopting this model should scare the West as to what it will become economically in the future

 

[Wangxi]

This is the opposite of the Korean and Japanese model, which is concentrated on chaebols.

There are advantages and disadvantages

 

[mossen]

Germany is a more prosperous and resilient country.

 

[Orthan]

how much of it is SOE's ?

Im sure that it is a lot.

its economy has tripled since you've been here.

How much of that growth was, in reality, asset bubbles? Every time the chinese government tries to tackle the debt growth, the economy no longer "grows" what they want (they want the economy to grow at always high levels, regardless of the economical fundamentals), and then its time to reverse policy and add more liquidy and debt to "stabilize" growth. In fact, it seems to me that the productivity growth is small and much of the rest is just asset bubbles. They think that the evergrande case is unique in the economy? What about the rest of the real estate industry? (kaisa, etc.)

His favourite Anglo puppet

Im not anglo.

your inflated and arrogant sense of self-importance, hubris, and racism.

There is no need to get angry.

Does it matter?

This is rich. Like china´s economy could survive without foreign markets.

 

[antiterror13]

This is the opposite of the Korean and Japanese model, which is concentrated on chaebols.

There are advantages and disadvantages

China can do both .... "chaebols" and innovative SME