Topic: What has really been behind china's economy - page 3. (Read 1088 times)

Of course China didn't force anybody to collect loan from them, and it's true that, if as a country you collect loan from them, and your unable to pay back, they will float a critical section of your country's economy that generates revenue to the Chinese government to generate money to repay that loan.

It is true that china uses its economic power to get influence over a country but we can not blame only them for a countries financial instability. China didn't force any countries to take loan from them and they do something similar that the IMF and world bank do. They charge interest over their loan and if that country can not pay off their debt then they use it as a soft power to control that country's geopolitical decisions.

What happens with Sri Lanka is because of their corrupt government. Their loan was for a sea port that can not generate enough profit to pay off its debt. Corrupt government and politicians have done this and there can be chinease influence as well. But what I can see is china has a great contribution to many 3rd world countries infrastructure development like bridge, school, port, road and many others. They don't do it for free nor the western power. So it is the countries responsibility to use the money in the best way possible so that it can generate enough money to pay off the debt taken from china or other country or institutions.

First of all, we need to remember that it is a party nation, which means that they may have a chance where they did not grow that much, and just informed the world that they grew that much. Remember, this is the same nation that inflated the number of rice and so forth general crops to make it look like they are doing amazing and taxed people so much that the people died, in tens of millions, literally killed their own citizens in tens of millions just to make themselves look they are doing alright, this is their true history, this is how their nation was founded. So the potential that they are not actually doing this well, and that is why they had all that many bankrupted companies just recently, could be a very real thing.

It has been cited many times that China is not an investor, China is an enslaver of the economies of countries that dare to engage with it. The "best" example is China's investment in Sri Lanka, which ended up causing huge problems, mounting debts, and dashed hopes. And this is not the only example. You can very easily find documented information on what "partnering with China" leads to. All of China's investments are to absorb the economies of "friends" and generate huge debts for them....

China is a wise country and if you have a relationship with them as a country, they are ready to give you loan to help grow your country without much interest but what I noticed is that many country take the opportunity to keep borrowing money from them and mostly lavish the money without using it to grow there country.

China may have a bigger economy that the United States some day because even the United States depend on China for some certain raw materials to grow there assets. In the next 20 years China might become the world biggest economy so far.

China is indeed a large country and has quite a large population, but the Chinese people always understand more about the trade sector so that they can adapt themselves to any environment and conditions when they are in another place or in another country. We can see this in almost all countries in the world where Chinese people can develop through the work they do in other countries.

The cause of disasters such as the decline of the economy in a large country like China, is because there is no new land that can be utilized by the residents there to create new jobs that can give them better results. I am not surprised to see that the Chinese people are quite clever in developing the economy in their own lives, but currently almost all countries are experiencing difficulties in the economic sector, so this causes the people to need new land to work in order to earn income.

China is a big country that, in economic aspect, provide big market and many low paid workers. their culture is so competitive at trading in their own country and with other countries. despite being in so far east, China have long history in trading with Egypt and even Europe.

to start business in china or with china is something can be said easiest compared to other countries in the world, because they biggest human resource in the world. their work ethic at trading is the best thing they have that makes china is economically powerful. Their GDP throughout years is up and down, but never been in worrying situation. 

China's economic problems seem to be intensifying:

China continues to lose attractiveness for capital. Over the past few weeks, this trend, which has been going on since the beginning of 2023, has only intensified. Moreover, it has hit the Chinese yuan.

It is reported that the rate of capital outflow from China reached a record monthly figure since the beginning of 2016. We are talking about the amount of 53.9 billion dollars that were transferred out of the country Recall that in August, 49 billion dollars were withdrawn from China, which was the peak since 2015.

At the same time, the yuan is losing ground due to capital outflow
Against this background, the exchange rate is trading at 7.30 yuan against the US dollar. The currency's position is weakening despite official Beijing's efforts to support it. Interestingly, these efforts were complicated by the aggressive monetary policy of the US central bank. The fact is that this has caused the spread between U.S. and Chinese government bond yields to reach the widest gap in 20 years.

At that point, you are quite right. The population in China is very large; if I think about how small our country is, it is only 1/4 the size of China. So, it's no wonder that there are so many people in China.

The number of unemployed residents there is also likely to be large. Even so, the Chinese races are resourceful enough to survive. But recently, the country of China was really affected by a series of calamities, which caused their economy to collapse and also caused the majority of their subjects to suffer.

China's trade surplus narrows as exports fall and imports rise unexpectedly
Chinese exports fall, imports rise, trade surplus falls to 17-month low.
Imports will increase by 3%, exports will decline, which will worsen demand for the Chinese economy...

Chinese exports fall for fourth month in a row
At the end of August, exports from China decreased by 8.8% compared to the same period last year. This marked the fourth consecutive month of decline. Imports to China also decreased in August - by 7.3%. Thus, the negative dynamics of imports, established at the beginning of the year, continues to persist - since January, imports on an annualized basis have never shown growth.
Economists see the reason for the decline in both exports and imports as a reduction in demand for Chinese goods in the world, as well as a slowdown in the Chinese economy and consumer demand, which causes a decrease in demand for raw materials and goods from abroad.

https://www.kommersant.ru/doc/6199418

Taking into account the “economic inertia,” if this process is not stopped, it will pick up speed and simply crush the Chinese economy. But the question is - how to stop? China's games of "yuanization" of BRICS apparently did not work out. This means that the attempt to make many BRICS members “slaves of the Chinese economy” in order to support Chinese exports (purely the economy) also failed.

What does he say about inflation?
Living costs etc.. Any Changes over the years?

China is purely a mysterious country; there is nothing we don't know about them until they decide to say so. But one of my friends is starting a business in China, and he said that China is a good country to do business in, and you can do whatever you want. But you can't be against politics and can't question authority. But it's an economically highly ambitious country, even though we only know the half truth. Still, at least in the town areas, they promote the economy; there is no doubt that otherwise, they haven't had the highest GDP growth. Even the global spread of the COVID-19 pandemic has opened up opportunities for China to expand its influence.

It's not that difficult to work out how they made such epic growth if you understand where they started. Only a few decades ago Mao had reduced the country to economic ruin with his terrible policies and they had a huge population that was barely above subsistence levels. It only took very limited, but also progressive, steps to put them on the right track to the success that we see today. Just a couple generations ago it became the workshop of the world, which basically consisted of very low wages and very tough conditions while they earned enough financial capacity to reinvest. They paid a very high price in terms of human labor and having very lax laws allows for you to compete at a certain level against other countries. Centralized power has also been able to rein in too much corruption from happening, or at least it has to be favorable to the leadership polices at the time. It's bizarre that you think recession is a bad thing, it's normal in all capitalism based countries - including China - but the government in power there is just very restrictive about the information they release which prevents it from being identified anyway.

The issue with their population growth is at the top of the worries of the Chinese government, after all you cannot have a country without people, and in order to counter this they have relaxed their one-child policy and now they are encouraging people to have more children, but after decades of propaganda the Chinese government is finding out that it is way more difficult to convince people of having more children than the reverse, and it is likely their efforts will fail, and as such a decline on the Chinese economy could be just a matter of time.

"Friendly terms" terms, that's like a black meme. In order to understand how "friendly" lending and investment conditions are for these "friendship victims", it is worth looking at some absolutely real examples of "friendship with China". The most "recent" example is Sri Lanka. I will not tell you what happened there, I may have a personal subjective opinion and assessment. Therefore, I strongly recommend you to study this example, conditions, peculiarities of Chinese friendship, and how it all ended in the end. At the same time, the example of Sri Lanka is not a rare case, if you search, you will find many more victims of "friendship with China". So I would highly recommend to avoid Chinese investments, loans and joint projects.....

Growth, and non-stop version of growth is not something you can technically get. Because if you grow to a point, eventually there will not be a place left to grow. Imagine a nation making 1 trillion dollars in deficit, now imagine one that makes 1 trillion in profit, and think about 10 trillion in profit, think of 100 trillion, think of 1 quadrillion. At some point it became stupid and unrealistic right? There isn't even that much money, you can't grow that much.

So what does that tell us? China grew, from those 90's places where they had horrible products and cheap manufacturing where products broke easily, and "made in china" meant shitty product, they turned into one of the strongest economies in the world, but how can they grow even bigger? Not possible, so they are trying their best to ruin the nature and everything else to find and ounce more growth.

tripple price in 2 months that is hefty,
Is China copying Venezuela?

I saw news on a social media platform on YouTube where China recently built artificial rice terraces, spent a lot of money on a mountain, and destroyed Mother Nature. Then there was a new one, and what was done was that their rice terraces were just damaged by a land slide, which also caused widespread flooding in various parts of China.

And I think that because of this incident, it has caused a lot of damage to their economy. Apart from many of their citizens who have been damaged by micro businesses, their agriculture has also been affected, which is also the reason for the increase in prices. in their country.

All factors that support economic growth include population, ideal human productivity and availability of resources. It can be seen from the supply of facilities that are fulfilled. This is based on ideal factors that will very quickly encourage economic growth in developed and developing countries. So, for China itself, there is a kind of strong principle of trust that results in cooperation as adhered to. Why is this important? because to unite principles, one belief is needed that unites various elements of society, both culturally, religiously, and racially. So here I look at China economic growth based on history and I think it should not be missed. remembering that the growth and development of a nation is seen from recorded history to awaken social feelings and help the country achieve ideal conditions of prosperity.

Let me answer this question as a Chinese.

China's economy was indeed very strong at one time. Growth is also rapid. Miracles happened in those years.
But everything changed when China's top brass got into the game of harvesting leeks.

It seems that China's economy has been growing, and that's because currency has been issued. The prices of medical care, education, and housing necessary for life are increasing year by year, and the prices are sky-high.

Even the price of pork once increased by 300% in two months

The end result is that assets have been increasing, but extremely unevenly. Factors such as bank loans and repayment pressure have led to a reduction in consumption power. So this year the Chinese government is forcing consumption. For example, using an officially hired romance scam to help you buy a house with zero down payment and make it look like it's for you. Then the lover disappears, and then you have to pay back the money.