Recent content by Mista

China is not going to return to 10% annual growth rate. However, they are also not to be Japan with 1% growth rate. For the foreseeable future (at least for another decade), China will grow faster than the developed economies. They still some way to go to catch up to other developed East Asian...

Eh, quite a poorly written article by FT. The fall in share of nominal GDP for the past 2 years is mainly due to currency depreciation and lower than global average inflation in China. It's not gonna continue every single year. Likewise, the temporary strong USD and high interest rates due to...

It's not about the money, it's about the design of the system. The US healthcare system is dysfunctional and is notorious in other countries for being extremely wasteful. In Singapore, our politicians love to point at the US as a boogeyman and say that spending more doesn't necessarily mean...

Malaysians yes, but Indonesians lolno. Many Indonesians Chinese don't even have Chinese names, much less speak Mandarin.

Really? I'm in South Korea now. So far I find them pretty helpful and friendly, especially their youths.

The Yuan was around 6.3/USD in 2012. Again, the fall in share of nominal GDP is only temporary due to much higher inflation in the US and a strong USD due to interest rate hikes, not due to fundamental higher real GDP growth. You're not going to rely on a depreciating Yuan and red hot inflation...

The median real growth rate projection for the US is ~1.8% in the long run. Assuming equal inflation, China will still catch up with the US eventually as long as it can grow faster than 1.8%. The long term projected inflation is ~2% for the US. The depreciating RMB is a temporary phenomenon...

I remember going to Chengdu a few years ago and Starbucks was everywhere. Full of youngsters queueing. I didn't get it. The average starting graduate salary was around ~RMB4K monthly then? I wondered why are there so many youngsters willing to spend ~1% of their monthly income on a cup of...

I'm literally giggling lol.

Race is really a non-factor here in this Presidential election. Tharman is far more qualified than the other 2 candidates. But foreign countries like to view it in race-tinted lenses lol. India: OMG, an ethnic Indian got elected as the President in Singapore !!1! China: Stupid Westernized...

I'm not anti-China. You should go visit Singapore forums to see what's anti-China lol.

No. Why?

What, no. They are foreign labor from India/Bangladesh, like in the Middle East. And btw, Tharman's ancestry is from Sri Lanka, not India.