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  1. Mista

    China to become the world's largest economy by 2030 definitely, if not sooner

    I mean, if China is really superior economically, why is China at the receiving end of US economic aggression? China should retaliate more forcefully, like what it did to Australia and South Korea.
  2. Mista

    China to become the world's largest economy by 2030 definitely, if not sooner

    It's just one of the many indicators out there to measure national strength. PPP is also a valid measurement, but nominal GDP is still the more widely used measurement to assess a country's economic influence. If the US imports advanced chips from Taiwan or raw materials from Australia, they...
  3. Mista

    China to become the world's largest economy by 2030 definitely, if not sooner

    That's a dumb argument. Okay, let's use 'Yuan based GDP'. 1 USD = 7.25 Yuan. US GDP: USD25.46tril = 184.6tril Yuan. China GDP = 121tril Yuan. If you think the US economy and stock market is all bubble and bloated, you should go ahead and short the US market. Foreign investors are free to...
  4. Mista

    ‘I’d rather stay in Communist China than return to inheritance tax Britain’

    Lol. He's feeling miserable because he made the decision not to move back to the UK and avoid paying inheritance taxes after he dies. Apparently, trying to avoid taxes after he dies is more important than his current happiness.
  5. Mista

    [Breaking news] YOASOBI, "Idol" tops US Billboard global chart "Global Excl. US"

    I think female group singers tend to have more popular 'higher pitched' songs than female solo singers. Some old-school Japanese song: Singaporean singer:
  6. Mista

    Quality of life in U.S. in freefall, China's rising

    Pretty much, if you want to simplify it that way. However, housing quality can still differ a lot based on one's income. ~78% of dwellings are public housing (we call it HDB), while ~22% are private housing (non-HDB). ~5% live in landed properties, like bungalows and semi-Ds. They are the...
  7. Mista

    Chinas young people can’t find jobs. Xi Jinping says to “Eat Bitterness.”

    We are not the typical financial hub like HK which focuses mainly on financial services with close to zero manufacturing activity. Manufacturing actually makes up >20% of Singapore's GDP, the largest single sector of our economy. https://www.trade.gov/market-intelligence/singapore-manufacturing
  8. Mista

    Chinas young people can’t find jobs. Xi Jinping says to “Eat Bitterness.”

    If the world's population is reduced by 95%, will it be easier to find a job?
  9. Mista

    Chinas young people can’t find jobs. Xi Jinping says to “Eat Bitterness.”

    That's like saying it's easier to provide quality jobs in Tuvalu than in the US because Tuvalu has a smaller population, or that unemployment will go away if the world's population is reduced by 90% lmao. It's a structural imbalance issue. More population = more demand.
  10. Mista

    Chinas young people can’t find jobs. Xi Jinping says to “Eat Bitterness.”

    只要肯吃苦,就一辈子吃不完的苦. Exactly as I said above. But other Chinese posters are like 'Nooo, you don't know China! There are many jobs out there in the factory, they are just spoiled! If they are willing to put down their ego and ignore the fact that they just went through 18 years of hypercompetitive...
  11. Mista

    Chinas young people can’t find jobs. Xi Jinping says to “Eat Bitterness.”

    Ironically, if every Chinese youth 'eat more bitterness' the youth unemployment will probably worsen. Many Chinese youths are working long hours, some even follow 996 working hours. They may think overworking and 'eating bitterness' will eventually pay off in their career, which may be true to...
  12. Mista

    China-Thailand railway under smooth construction

    Connecting Kunming to Singapore is just a concept, not a grand plan. So there's no really 'back on track'. Each country weighs their own priorities and decides whether to build a rail connecting to their neighboring country in a piecemeal manner. Also, the Singapore-KL HSR's purpose is to...
  13. Mista

    How to trigger 1.4 billion Chinese people with five words? A joke that millions of Chinese can't take

    Like other Chinese posters here have said, it's the Chinese people that is sensitive lol. I mean, just look at how many of them get offended over little things on the internet. Even on this forum they get very defensive when you mean no harm. Maybe under Xi, nationalism has gotten even more...
  14. Mista

    S.Korea's economy no longer supported by China: BOK head

    There are like 100+ countries with trade deficit lol. The biggest problem which requires Korea's immediate attention is their demographics. At 0.78 TFR, they are on the way to shrink by 63% every generation.
  15. Mista

    S.Korea's economy no longer supported by China: BOK head

    It's never wise to depend too much on a single industry or a single market, whether it's China, US or the EU. Not just because of political coercion, but sometimes just simply because of unforeseen circumstances. Eg; Covid lockdowns. Some time back there was audio leak by Singapore's then...
  16. Mista

    Quality of life in U.S. in freefall, China's rising

    I was doing some reading. Interestingly, a low tax economy like Singapore actually has lower wealth inequality than the Scandinavian countries, despite the higher income inequality. That is because housing in SG is sold by the government at significantly lower than market price, and home...
  17. Mista

    Quality of life in U.S. in freefall, China's rising

    He got it from this website, word for word. The author also did not differentiate the definition of poverty line in the US/Denmark lol. Apples and oranges. https://borgenproject.org/poverty-in-denmark-3-facts-you-need-to-know/ Interesting. Singapore and Denmark has similar population size and...
  18. Mista

    Quality of life in U.S. in freefall, China's rising

    Well, 'fixed' as in it measures a certain level standard of living, adjusted for inflation every year. It's possible to grow out of the defined 'poverty', until the poverty line is raised again in real terms, like in 2008 and 2010 in China. I quote from China's National Bureau of Statistics on...
  19. Mista

    How South Korea Is Running Out of Children

    Society Total Fertility rate Natural population decline began Japan 1.37 2007 Mainland China 1.16 2022 Taiwan 0.98 2020 Hong Kong 0.77 2020 South Korea 0.81 2021 Singapore 1.12 -
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