Is China's economy in trouble or not?

[Rebel5soul]

That is true. But the stupid political hacks that print and borrow have put all of that at risk. The lessons of history should make it clear. The USA is on course to be unable to make loan payments without printing it. Once that starts the inflation rate goes crazy and the global value of the dollar would collapse. In terms of shutting other countries down with economic tools it is true that it can be done. However, that starts wars. The reason that Japan hit Pearl Harbor was because the USA was taking steps to crush the economy in Japan. This world runs on money. Money! Money! Money! If the money stops flowing then people get mad and governments get mad.

This is true and there's going to be some pain involved with getting it under control. Trump has a hell of a balancing act in front of him.

Back to China, they're screwed. The only question is whether the CCP is going to become desperate enough to go to war to stay in power?

 

[Politruk]

This is true and there's going to be some pain involved with getting it under control. Trump has a hell of a balancing act in front of him.

Back to China, they're screwed. The only question is whether the CCP is going to become desperate enough to go to war to stay in power?

War with whom?

 

[Rebel5soul]

War with whom?

All sorts of opportunities for a desperate regime. Invade Taiwan. Invade E. Siberia. Bust a move on India. Nothing like a foreign war to rally the peons.

 

[gxnn]

Believe it out not we, the US, are in much better shape than the rest. Less than 10% of our economy is export driven and we can replace the imports domestically. Ramping up the manufacturing won't be cheap, or easy, but we can do it. People don't realize how much the rest of the world depends on access to our economy, access we can lock out at anytime we want.

I think you are over confident and making your assumption based on fantasy. Where is the competent working force to support your manufacturing? If China and Russia can work together more closely, there will be enough raw materials, manpower, big market, energy and other resources, and many world economic problems can be solved. If the other members of BRICS, i.e., India, Brazil, South Africa are all sincere and devoted to the bloc, it won't take long for the G8 to be edged out of the world stage.

 

[Rebel5soul]

I think you are over confident and making your assumption based on fantasy. Where is the competent working force to support your manufacturing? If China and Russia can work together more closely, there will be enough raw materials, manpower, big market, energy and other resources, and many world economic problems can be solved. If the other members of BRICS, i.e., India, Brazil, South Africa are all sincere and devoted to the bloc, it won't take long for the G8 to be edged out of the world stage.

Where to start?

First of all we already have the work force for the high value manufacturing, for raw manpower we've outsourced that to Mexico. You may want to take a look at what is happening over here but Mexico has replaced China as our top trading partner, Canada is second. We are quickly replacing Asian sources with Western Hemisphere sources.

We are energy self-sufficient, China isn't.

Raw materials? Having raw materials is essentially of no value at all unless you can sell them or convert them into product and the product only has value if you have a market. China is slowly being shut out of the more prosperous markets, Europe and the US.

Chinese labor costs have increased seven fold while their productivity has only increased two fold. That is not a winning formula and one of the reasons that the textile industry is moving to Vietnam and Thailand.

If you'd like to discuss what's happening with your real estate market we can go there as well.

Returning to a subject we've discussed before, the Chinese lie about everything, needlessly. It's a knee jerk reaction and is a product of your leadership. Your leadership has, over all the decades, made it part of the culture.

China, as a nation, has the potential of being a great member of the family of nations but your leadership has painted you into a dead end. The "lay down" movement is part of the symptoms, as is the "Tofu Dreg" corruption.

You, as a nation, are coming into a rough time. The question isn't whether China will survive, it will. The question is whether the CCP will survive?

 

[Politruk]

We are energy self-sufficient, China isn't.

Doesn't China have abundant coal?

 

[Rebel5soul]

Doesn't China have abundant coal?

No.

 

[AceDesSpades]

I think you are over confident and making your assumption based on fantasy. Where is the competent working force to support your manufacturing? If China and Russia can work together more closely, there will be enough raw materials, manpower, big market, energy and other resources, and many world economic problems can be solved. If the other members of BRICS, i.e., India, Brazil, South Africa are all sincere and devoted to the bloc, it won't take long for the G8 to be edged out of the world stage.

You have no idea.
A free people, under duress, will quickly unify and marshal the sleeping giant to its defense.

Never, ever forget Thermopylae. Seems the idiot Persians did... Again. Santayana...
[edit – religion, even secular, makes you as stupid as fuck.
Is China paying any attention at all?
I bet Vlad is...]


We've done it before and we'll do it again, it's a fine, fine line between pleasure and pain (peace and "why the fuck didn't you just leave us alone?).

 

[Politruk]

Never, ever forget Thermopylae. Seems the idiot Persians did..

The Persians won that battle.

 

[AceDesSpades]

Yes they did.
Thank you for that.
Lesson learned master...

 

[AceDesSpades]

Please remind us, What was the date on which Sparta fell...?

 

[Rebel5soul]

 

[AceDesSpades]

Maybe you know the date.

Didn't Pliny mention 79AD?

 

[LeaHaven]

Pundits have been predicting the collapse of the PRC at least since 2001. But this Belt and Road Initiative is the kind of investment that could only be made by a regime with enormous confidence in the future. Yet I keep reading comments on the PB suggesting they're on their last legs.

People get so wrapped up in their politics they fail to see the world as it really is.

China's economy grew by 5% in the first half of 2024. That's hardly an economy in trouble. It is true that they are experiencing a downturn in consumer spending and GDP growth; however, Beijing has recently implemented real efforts to remedy this situation, most of which is directed toward stabilizing and restructuring the real estate sector. The decline in real estate prices has caused many Chinese to see negative equity in their homes, and that puts a real damper on consumer spending.

As for GDP growth, China has outgrown its debt/investment driven economy, but that, too, is changing. For instance, using the real estate sector as an example, it used to be that homes were being sold before they were built, but Beijing has clamped down on that practice. This sort of debt-dependent growth model is no longer being provided the fuel it needs, and a more profit-driven model is being given priority.

I don't think China will ever return to its past few decades of 9% annual GDP growth, but that is because it is now a mature and competitive economy on the world stage. No one in their right mind expects it to collapse. In fact, more concerning is that the rate of growth of China's educational system and academic achievement is far outpacing that of the United States. Ours is declining. The Chinese see education as a means to a better life. Your average American sees it as a government-mandated pain in the ass. In a global economy fueled by technology, it is obvious who will win that marathon. Already, China has two of the top-rated science and technology universities in the world.

Also concerning is that the United States is STILL infatuated with a carbon-based energy infrastructure. The rest of the world is building and developing infrastructures directed toward renewable energy. It is an entire global market that we are ignoring. That's just stupid. China, in the meantime, is growing its renewable energy resources faster than any other nation, and not just in China. Their investments in Africa and Latin America are sure to pay generous dividends in the long run.

There is so much more I could write, but this is already too long.

China's economy is experiencing growing pains. It's not even close to the brink of collapse.

 

[TheScarletBlade]

People get so wrapped up in their politics they fail to see the world as it really is.

China's economy grew by 5% in the first half of 2024. That's hardly an economy in trouble. It is true that they are experiencing a downturn in consumer spending and GDP growth; however, Beijing has recently implemented real efforts to remedy this situation, most of which is directed toward stabilizing and restructuring the real estate sector. The decline in real estate prices has caused many Chinese to see negative equity in their homes, and that puts a real damper on consumer spending.

As for GDP growth, China has outgrown its debt/investment driven economy, but that, too, is changing. For instance, using the real estate sector as an example, it used to be that homes were being sold before they were built, but Beijing has clamped down on that practice. This sort of debt-dependent growth model is no longer being provided the fuel it needs, and a more profit-driven model is being given priority.

I don't think China will ever return to its past few decades of 9% annual GDP growth, but that is because it is now a mature and competitive economy on the world stage. No one in their right mind expects it to collapse. In fact, more concerning is that the rate of growth of China's educational system and academic achievement is far outpacing that of the United States. Ours is declining. The Chinese see education as a means to a better life. Your average American sees it as a government-mandated pain in the ass. In a global economy fueled by technology, it is obvious who will win that marathon. Already, China has two of the top-rated science and technology universities in the world.

Also concerning is that the United States is STILL infatuated with a carbon-based energy infrastructure. The rest of the world is building and developing infrastructures directed toward renewable energy. It is an entire global market that we are ignoring. That's just stupid. China, in the meantime, is growing its renewable energy resources faster than any other nation, and not just in China. Their investments in Africa and Latin America are sure to pay generous dividends in the long run.

China's economy is experiencing growing pains. It's not even close to the brink of collapse.

The rest of the world is directed towards renewable energy and now reversing course. Germany is a prime example of this.

As for China, they have been inflating their GDP numbers for years with Ghost Cities and other manipulations. As for chinese school did you not hear about them copying the model of the top school in the US by visiting it and copying its entire model except for their DEI department. America would still be in the lead if we didn't have DEI dragging us down.

 

[UltraChad]

People get so wrapped up in their politics they fail to see the world as it really is.

Proceeds to church up China....LMFAO!!!!

China's economy is experiencing growing pains. It's not even close to the brink of collapse.

It can't escape the coming population collapse.....hell the youth coming up is already giving them a ton of problems because they don't like the slavery that comes with all the "progress" China has at their disposal.

China without their communist slave labor force?? Is fucked.....

 

[AceDesSpades]

The rest of the world is directed towards renewable energy and now reversing course. Germany is a prime example of this.

As for China, they have been inflating their GDP numbers for years with Ghost Cities and other manipulations. As for chinese school did you not hear about them copying the model of the top school in the US by visiting it and copying its entire model except for their DEI department. America would still be in the lead if we didn't have DEI dragging us down.

Yes
Ghost Cities
mirror ghost economy

Potemkin Wealth
commonality
of economy

 

[LeaHaven]

The rest of the world is directed towards renewable energy and now reversing course. Germany is a prime example of this.

As for China, they have been inflating their GDP numbers for years with Ghost Cities and other manipulations. As for chinese school did you not hear about them copying the model of the top school in the US by visiting it and copying its entire model except for their DEI department. America would still be in the lead if we didn't have DEI dragging us down.

Large amounts of capital are still flowing into renewables, and investment in that market sector only continues to grow.

DEI initiatives don't exist in high school, and the United States still has the most capable and sought-after higher education system in the world. The real concern is the difference in attitudes toward education.

 

[TheScarletBlade]

Large amounts of capital are still flowing into renewables, and investment in that market sector only continues to grow.

DEI initiatives don't exist in high school, and the United States still has the most capable and sought-after higher education system in the world. The real concern is the difference in attitudes toward education.

Yeah in the United States SUBSIDED by the US Government. It would be bankrupt otherwise.

Uh, sure bro, DEI doesn't exist in high schools.....what the fuck rock are you living under?

 

[LeaHaven]

Proceeds to church up China....LMFAO!!!!



It can't escape the coming population collapse.....hell the youth coming up is already giving them a ton of problems because they don't like the slavery that comes with all the "progress" China has at their disposal.

China without their communist slave labor force?? Is fucked.....

The average wage in China is above $50,000 per year. In the US, it's slightly above $58,000. So a reduction of $8,000 constitutes slavery?

 

[AceDesSpades]

Economic cui boni...

Who does the measuring and establishes the metric?


The Wuhan Clan?

 

[LeaHaven]

Yeah in the United States SUBSIDED by the US Government. It would be bankrupt otherwise.

Uh, sure bro, DEI doesn't exist in high schools.....what the fuck rock are you living under?

How does DEI exist in a structure that legally mandates all persons under the age of 16 must attend school?

 

[AceDesSpades]

The WHO was in the pay of XI...

 

[AceDesSpades]

How does DEI exist in a structure that legally mandates all persons under the age of 16 must attend school?

School structure is a strange mix of meritocracy, party loyalty, classism and rampant racism

North-south

light-dark


in pre-revolt

 

[AceDesSpades]

Once you leave the big cities, the roads end, the counting ends, the third world begins and education is a matter of hit and miss.

None of that ever gets reported in the Good Morning Beijing News...