It is time to learn Chinese

Discussion in 'World Affairs' started by beijingwalker, Mar 18, 2012.

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  1. karan21
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    karan21 SENIOR MEMBER

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    well it can happen in 2 ways
    1. china would crash like usa and japan.
    2. china will slowly slow down growth rate every year and finally settle for 2-3% growth by 2020 and forward. china will surely be biggest economy by then. :tup:

    to me 2 seems more likely. the only thing i am happy abt is that india wont slow down. we will develop according to ur needs and money and wont let debt go out of 50-60%
  2. beijingwalker
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    beijingwalker SENIOR MEMBER

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    nothing else,China has enough people to fill in any construction projects,they are just some nearly finished relocation projects waiting for the people to move in.relocation projects are everywhere in China.
  3. karan21
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    karan21 SENIOR MEMBER

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    china can produce everything cheap but not houses and expressways. and thats what is coming to hit u and hit u real bad. being too fast is also not good
  4. beijingwalker
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    beijingwalker SENIOR MEMBER

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    you are not the first person to predict that,actually it has been predicted for 3 decades already,and it's getting bored.when it happens,tell me then.
  5. karan21
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    karan21 SENIOR MEMBER

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    yeah right less 2-3% of the flats have been sold till now loll. by the time ppl come in and fill those sexy shanghai buildings they will already be 15 yrs old.
  6. beijingwalker
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    beijingwalker SENIOR MEMBER

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    when it happens,tell me.now we only see huge infrastructure development going on for decades.

    which one ?the name of the building?office rent is quite high in Shanghai.
  7. karan21
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    karan21 SENIOR MEMBER

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    i have been a bigger reader of economy than u. it has only been predicted in last 2-3 yrs. but now results are showing up. from 2000 to 2010 china's growth target was 8.5% and china always achieved more than that. this year it has been lowered to 7.5%.
  8. beijingwalker
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    beijingwalker SENIOR MEMBER

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    India can only wish bad things happen to China,but before that happens,they still have decades of catching up job to do.lol

    you should broaden your reading materials,China bankrupcy theory has been predicted for decades in the west.go online and check it out.
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  9. karan21
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    karan21 SENIOR MEMBER

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    Beijing Seen Vacant for 50% as Chanos Predicts Crash (Update1) - Bloomberg

    i am not wishing bro. all i am saying china will comfortably become the worlds largest economy and then slow down like japan and us and eu. it will be a point when u can neither call it developed nor developing. it will look developed but actually is developing. it will be one of a kind economy
  10. beijingwalker
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    beijingwalker SENIOR MEMBER

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    I dont feel that in Beijing,I still have to pay 10 kuai per square meter per day for my Xihuan plaza office.100,000 yuan per month.doubled from last year,I hope you are right and can't wait to see the price fall,but...
  11. AADHAAR
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    AADHAAR FULL MEMBER

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    see your retirement saving being invested away in "south china mall" ..... pray that it earns a positive return, before it collapses empty !!!

    ..... and your govt counts the first "south china mall" as contribution to gdp.

    ..... it collapses and they will build a second "south china mall" .... more contribution to gdp.

    high speed construction which collapsed ... was counted in gdp 2011.

    it is being reconstructed ... will count in gdp 2012.

    so and so forth goes ... gdp 2013, gdp 2014 ..... when people start demanding food, medicines, family education from the chinese banks.

    .... and chinese banks will show them the collapsed "south china mall"..... ask the mall the give you food or money for education.

    similar thing happened to soviet union... they built by "central planning".. ignoring what people want.

    at last, they realized.

    soviets saw ... the socialist miracle .... till 1987 .... and then started the horror.

    see it now ... what in store for you !!!!!

    sorry for you... but nothing i can help you... you should have stopped the cpc yourself.
  12. karan21
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    karan21 SENIOR MEMBER

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    there are atleast 500 south china like malls in china and over 100 ghost cities atleast 500 tall buildings and even amusement parks and disney lands built in jungles. most economists say they wont be occupied for nxt 25 yrs. do u think chinese real estate industry wait 25 yrs to earn revenues. america has huge debt but they used that money on healthcare and citizens and china used their debt to build cities for ghosts. loll thank god we have Mr. Pranab mukherjee who makes use of debt deliberately.
  13. Gnimgnay
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    Gnimgnay FULL MEMBER

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    Well, speaking of largest economy, India is probably going to be the largest economy in 2070s ideally. But largest isn't the strongest nor the best. China and India still have a long way to go. The essential question is still how to provide better life to their people, which is 0.5 of the global population.
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  14. beijingwalker
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    beijingwalker SENIOR MEMBER

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    my retirement money?too early to think about that,haha,now the government is taking care of it and the medicare,i bet my money is much safer than your money in India.
  15. AADHAAR
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    AADHAAR FULL MEMBER

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    not only does cpc take you for a ride ... on the top of it, you lose the bet too. :laugh:

    china stands high.. but stands on a pack of cards.

    precariously placed pack of cards .... you choose, if you want to bet your life on a pack of cards.

    that's why i said ... you need to open your eyes and ears, if you want to see and hear.

    Perhaps you are too afraid of the look at the horrors of reality .... and then even if you see them, CPC ensures than you can do nothing about it.

    So why bother to open your eyes? Makes perfect sense.

    But well, you can do something .... run .... that's what most chinese who can are doing ... whether under the pretext of education abroad or anything else.

    Jump off while the pack of cards stands.