Chinese economy

[Unkotare]

Just imagine...

If the free market was in full force throughout the rest of the world, and China was isolated from everyone else when it comes to economic matters. People would actually be paying for what something is worth, like an iPhone for example, and not buying items at subsidized prices because they were manufactured in China while jobs are created here in the U.S.

Suddenly nobody gives a fuck about the Chinese anymore, like it should be.

Just imagine that...

???

Imagine if countries produced their own goods and sold them for what their free market told them it would cost. Jobs would be created because corporations wouldn't just want to stop making a profit on their goods. Suddenly the Chinese wouldn't have anything to make anymore and their economy would tank, which by then, nobody would care about.

????

 

[Slashsnake]

Why is that so hard for you to understand? Do you have a reading comprehension problem?

 

[Unkotare]

Is there a doctor in the house?

 

[waltky]

Granny says, "Dat's right - dem Chinamens is about to eat our lunch...

China to surpass U.S. economy by 2030, new report says
Dec. 26, 2017 -- Asia's economic growth will continue to surge and China will likely overtake the United States' spot as the world's largest dollar economy in just over a decade, according to a new report.

The newest World Economic League Table (WELT) report released by the Centre for Economics and Business Research (CEBR) also concludes India will "leapfrog" Britain and France next year to become the world's fifth largest economy. By 2027, India will move ahead of Germany to third place, the report projects.

Asia seems to be the power house in the report. By 2032, three of the world's four largest economies will be Asian (China, India and Japan); South Korea and Indonesia will enter the top 10 and Taiwan, Thailand, Philippines and Pakistan be in the world's top 25 economies. "The interesting trend emerging is that by 2032 five of the 10 largest economies will be in Asia while European economies are falling down the ranking and the USA loses its top spot," said Oliver Kolodseike, the center's senior economist and report co-author. "Technology and urbanization will be important factors transforming the world economy over the next 15 years."

Two construction foremen take a smoke break outside a massive commercial and residential development site in Beijing, China. A new report by the Centre for Economics and Business Research predicts China will be the world’s largest dollar economy in just over a decade.​

China President Xi Jinping has said less emphasis should be placed on growth, in favor of a focus on financial risk, pollution and poverty. The report also concludes that in 2020, Britain will bounce back to overtake France, should Brexit effects become less than feared. Eight years later, Brazil will overtake both countries to become the sixth largest economy.

Other highlights include Italy dropping out of the ten largest economies by 2023 and falling to 13th in 2029; Pakistan rising from its current 41st position to 25th by 2031; Bangladesh rising from 43rd to 31st in 2032 and Australia moving up from 13th to 11th place by 2026. The report suggests energy will be less expensive for consumers and, because of a weak oil price, Russia will drop from its current position of 11th to 17th in 2032.

China to surpass U.S. economy by 2030, new report says

 

[william the wie]

Let me see if I understand this, the same China:
that gives pensions and forced retirement to women at age 55 and men at 60.
With a one child policy that exempts anchor babies
That shuns all people who are not pure blood Han
That no longer hires those with non-Chinese educations
That offers incentives for Emigration
Whose Labor force is imploding
Is going to do what?

 

[Unkotare]

Let me see if I understand this, the same China:
that gives pensions and forced retirement to women at age 55 and men at 60.
With a one child policy .....

It doesn’t have that policy any longer.

 

[Unkotare]

.....shuns all people who are not pure blood Han
....?

Not true.

 

[Unkotare]

....no longer hires those with non-Chinese educations
....?

Not true.

 

[Unkotare]

....offers incentives for Emigration
....?

Not true.

 

[EdwardBaiamonte]

The long-anticipated correction to China's economy may be underway, and it may have very serious consequences.

its been anticipated since 1980 but even after the empty cities all they get is 7% growth a year. Waiting is for fools given what we now know about monetary policy. China has proved that.