hari sud
FULL MEMBER
- Joined
- Jul 22, 2012
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- 359
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China's strength is about to be tested. All they got to do is stop US ships in open sea a few more times. Then they would run to backroom meetings to find a solution very quickly.
Its GDP data is highly inflated and incorrect. China exports 40% of its GDP (some estimate puts it as high as 55%). With 60% of its GNP left for its people, it puts it at the same level as India is (India does not export much except brains). That skyline in Shanghai is export cash. Where as rest of the world builds its factories with FDI of about $200 billion a year, they spend their own money on roads and skyline. But it is likely to end sooner than later as soon US becomes aware that a monster has grown up with their cash. Chinese US treasury bond purchases (Chinese loan to US) is exactly equal to FDI pumped into it in last 25 years. When the book keepers have accounted for everything neither US owes any thing to China and vice versa. So where does it puts China in its 25 years rise.
Not much. But in the process, Chinese have exhausted their mines, polluted their rivers and polluted their air and got itself a nation of old people (blame it on one child policy) who are very sick.
They are bound to be unhappy in China as they take account of everything. They have been misled with cash which they are unlikely to have it. If US stops importing and goes elsewhere, the factories would be dry and people clamouring for another revolution.
Its GDP data is highly inflated and incorrect. China exports 40% of its GDP (some estimate puts it as high as 55%). With 60% of its GNP left for its people, it puts it at the same level as India is (India does not export much except brains). That skyline in Shanghai is export cash. Where as rest of the world builds its factories with FDI of about $200 billion a year, they spend their own money on roads and skyline. But it is likely to end sooner than later as soon US becomes aware that a monster has grown up with their cash. Chinese US treasury bond purchases (Chinese loan to US) is exactly equal to FDI pumped into it in last 25 years. When the book keepers have accounted for everything neither US owes any thing to China and vice versa. So where does it puts China in its 25 years rise.
Not much. But in the process, Chinese have exhausted their mines, polluted their rivers and polluted their air and got itself a nation of old people (blame it on one child policy) who are very sick.
They are bound to be unhappy in China as they take account of everything. They have been misled with cash which they are unlikely to have it. If US stops importing and goes elsewhere, the factories would be dry and people clamouring for another revolution.
