China is now growing slower than the US

[CIA Mole]

Isn’t it true that for many, the education doesn’t match the jobs. Young people with college degrees in areas with little demand and not enough in areas with higher demand.

Also, the healthcare system has space it needs to improve. Innovations there can also be exported and cover the cost of increase domestic healthcare costs.

they can all join the troll army on pdf, split their earnings so they each get 1 cent

 

[One_Nation]

Polluted beaches vs drug addicted, crime infested, homeless ghettos. US is a clear winner here

 

[Han Patriot]

The guy I response to seems to understand what I said. Because we are talking about consumerism and manufacturer sector. If you have a problem understand this, that's you

On the other hand, secondary/manufacture sector does not just include heavy industry.

Gridded value-added of primary, secondary and tertiary industries in China under Shard Socioeconomic Pathways - Scientific Data

Measurement(s) Population • Value-added of industries • Gridded data Technology Type(s) multidimensional projection model • Cobb-Douglas production model • computational modeling technique Sample Characteristic - Location China

www.nature.com

View attachment 946890

Now go back to the original graph, it's not just that 33.2% industry. It would have included construction (listed with 6.9 %GDP) , mining/processing (unlisted) and also energy sector. (Also unlisted)

View attachment 946889

Mining are about 400b per year as per Canadian trade commission estimate

Mining market in China

www.tradecommissioner.gc.ca

View attachment 946896That's about 3% GDP, so if we put industry + construction + mining we already had ~44%, I read that 48% somewhere else, which leave energy sector around the same as mining sector, which is not something illogical or out of this world.

On the other hand, Export itself is 20% of China GDP, and if you look at the same graph, that is the second biggest chunk behind industry, so yes, even if I am talking about export only, it will still have a very strong influence to China GDP, considering China export is around 20% (3.7 trillion) and trump almost all but one type of industry.

China Exports 1960-2024

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial...

www.macrotrends.net

View attachment 946898


I would say with 20.68% GDP, Export IS a main component of the Chinese economy. Otherwise what is? the 9% wholesale and retail trade? The 6.9% Construction? Or the 6.1% Real Estate?

Do you know what is an idiot? An idiot is someone who keeps on copypasting graphs without answering the question. I asked you what was 48%, you said manufacturing. So show me how you get 48% for manufacturing when even statistics for last year showed it at 33% excluding construction. I said exports is a major component, not the main component, services catering to domestic consumption at 50%+ was the main component. Understand genius? How the fck you even get employed mate? Lolololol

 

[jhungary]

Do you know what is an idiot? An idiot is someone who keeps on copypasting graphs without answering the question. I asked you what was 48%, you said manufacturing. So show me how you get 48% for manufacturing when even statistics for last year showed it at 33% excluding construction. I said exports is a major component, not the main component, services catering to domestic consumption at 50%+ was the main component. Understand genius? How the fck you even get employed mate? Lolololol

Idiots is someone who don't even know, even repeatedly told

"Secondary sector is NOT just industry". Manufacturing sector means secondary sector, it doesn't just mean manufacturing, it was sometime called manufacturing sector, Because basically this is the sector you make something out of the primary production

In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction.

A bakery make bread from flour, that a manufacturing, will you ever consider a bakery is on the "industrial sector"? On the other hand, the Chinese define "Manufacturing Sector" as follow.

If you are too dumb and stupid not to understand plain English, then I can't help you

Which mean on this graph

You add the number of industry, construction and portion of other's together. And as I stated, even without energy sector, which I can't find the number now. It adds up to 44%, so okay, I was wrong,, it's 44% instead of 48% boo-fuking-hoo, it didn't fking change anything as it is still the biggest sector by far


And I never said anything about Export sector, you come up with a moronic comment thinking Export is the entire Manufacturer sector, that's your idiocy at work. I said export is a main component of China GDP because it had 20.68% of the entire Chinese GDP I never said it was THE main., if you don't agree, that's only mean your english sucks a$$

 

[Han Patriot]

Idiots is someone who don't even know, even repeatedly told

"Secondary sector is NOT just industry". Manufacturing sector means secondary sector, it doesn't just mean manufacturing, it was sometime called manufacturing sector, Because basically this is the sector you make something out of the primary production




A bakery make bread from flour, that a manufacturing, will you ever consider a bakery is on the "industrial sector"? On the other hand, the Chinese define "Manufacturing Sector" as follow.

View attachment 946949

If you are too dumb and stupid not to understand plain English, then I can't help you

Which mean on this graph

View attachment 946950

You add the number of industry, construction and portion of other's together. And as I stated, even without energy sector, which I can't find the number now. It adds up to 44%, so okay, I was wrong,, it's 44% instead of 48% boo-fuking-hoo, it didn't fking change anything as it is still the biggest sector by far


And I never said anything about Export sector, you come up with a moronic comment thinking Export is the entire Manufacturer sector, that's your idiocy at work. I said export is a main component of China GDP because it had 20.68% of the entire Chinese GDP I never said it was THE main., if you don't agree, that's only mean your english sucks a$$

Manufacturing is only one component of secondary industry, you said MANUFACTURING you did not say secondary industry. And what has CONSTRUCTION got to do with exports, do we export condos to the US? Even then it does not add up to 48%. Show the math. Just admit you guesstimated genius.

Here below is a screenshot of you saying 48% is manufacturing.

 

[jhungary]

Manufacturing is only one component of secondary industry, you said MANUFACTURING you did not say secondary industry. And what has CONSTRUCTION got to do with exports, do we export condos to the US? Even then it does not add up to 48%. Show the math. Just admit you guesstimated genius.

Again I said "Manufacturing SECTOR" I did NOT SAY Manufacturing Industry, you mixed up the two.

That's reflective for the trend tho, no?

The problem for China at least in this coming year is going to try to compete with other developing nations (hence export given nation) for quota and orders, and we know that at least 48% of China GDP is based on this sector alone, so consumption effect, both domestic and foreign are going to reflect on the GDP growth. I mean, there aren't much to offset that amount of GDP loss when almost half of your GDP is based on manufacturing sectors.

Manufacturing Industry is an industry that produce goods in a factory with machine and equipment. Manufacturing SECTOR, is the entire good-producing supersector, it was OTHERWISE known as Secondary sector. In America it was called Manufacturing Sector.

This is what US government definition of "Manufacturing Sector" according to bls

Industries at a Glance: Manufacturing: NAICS 31‐33 : U.S. Bureau of Labor Statistics

Industries at a Glance: Manufacturing: NAICS 31â33

www.bls.gov

If you have a different definition of manufacturing sector, thinking "bakery's, candy store and tailor" as mentioned in this bls encrypt, is "industrial" then well, you need to take it up to the US government, not me.

And for the last time, I never said ANYTHING about export until you "Miraculously" come in and think all Manufacturing sector are export.

I cannot be held responsible for ALL THE DUMBARSE THING you do in your life.

 

[Han Patriot]

Again I said "Manufacturing SECTOR" I did NOT SAY Manufacturing Industry
This is what US government definition of "Manufacturing Sector" according to bis

Industries at a Glance: Manufacturing: NAICS 31‐33 : U.S. Bureau of Labor Statistics

Industries at a Glance: Manufacturing: NAICS 31â33

www.bls.gov

View attachment 946969

If you have a different definition of manufacturing sector, thinking "bakery's, candy store and tailor" as mentioned in this bls encrypt, is "industrial" then well, you need to take it up to the US government, not me.

And for the last time, I never said ANYTHING about export until you "Miraculously" come in and think all Manufacturing sector are export.

I cannot be held responsible for ALL THE DUMBARSE THING you do in your life.

Hahahaha now you are just going nuts talking gibberish to save face below is the meaning of sector, you are digging a deeper hole mate. A PORTION... GOTCHA DUMBASS

I was telling you exports is NOT a main component of the economy. How can a weightage at 16 to 18% be a MAIN component? How do you define main. Below is the definition of main. Chief in size. Explain to me how is manufacturing industry and manufacturing sector different. Lolol

So what is 48% now? Still manufacturing? CONSTRUCTION and manufacturing are TWO different things altogether.

 

[jhungary]

Hahahaha now you are just going nuts talking gibberish to save face below is the meaning of sector, you are digging a deeper hole mate. A PORTION... GOTCHA DUMBASS

View attachment 946972

DUDEEEEEEEEEEEEEEEEEEEEEEEEEEEEE, I just LITERALLY gave you the entire definition of MANUFACTURING FUKING SECTOR by the US Government....

Can you Fking READ?? DUDE

Again, if you want to dispute this, go send this dictionary.com to bls with your fking ludicrous idea.

That's reflective for the trend tho, no?

The problem for China at least in this coming year is going to try to compete with other developing nations (hence export given nation) for quota and orders, and we know that at least 48% of China GDP is based on this sector alone, so consumption effect, both domestic and foreign are going to reflect on the GDP growth. I mean, there aren't much to offset that amount of GDP loss when almost half of your GDP is based on manufacturing sectors.

Fuking Hell........

 

[Han Patriot]

DUDEEEEEEEEEEEEEEEEEEEEEEEEEEEEE, I just LITERALLY gave you the entire definition of MANUFACTURING FUKING SECTOR by the US Government....

Can you Fking READ?? DUDE

View attachment 946974

Again, if you want to dispute this, go send this dictionary.com to bls with your fking ludicrous idea.



Fuking Hell........

I asked you to show the difference between manufacturing sector and manufacturing industry. I did not ask you to define manufacturing. Two different things mate. Since you are so adamant on playing with words. Answer me

1)what is the difference between manufacturing sector and manufacturing industry?

2) how do you get 48% for manufacturing?

3) how is export a MAIN component of the gdp at 16 to 18% weightag3. What was your basis.

STOPCOPY PASTING SHIT. ANSWER SIMPLE QUESTIONS.

And ladies and gentlemen, this is how you reveal blissful idiots. Lolol

 

[jhungary]

I asked you to show the difference between manufacturing sector and manufacturing industry. I did not ask you to define manufacturing. Two different things mate. Since you are so adamant on playing with words. Answer me

1)what is the difference between manufacturing sector and manufacturing industry?

2) how do you get 48% for manufacturing?

3) how is export a MAIN component of the gdp at 16 to 18% weightag3. What was your basis.

STOPCOPY PASTING SHIT. ANSWER SIMPLE QUESTIONS.

Why would I need to show you the different between Manufacturing sector and Manufacturing industries when I NEVER FKING USE THE TERM MANUFACTURING INDUSTRIES. if you think that's something else, that's you. I have no obligation to explain ANYTHING OTHER THAN WHAT I SAID, and I had already gave you the Fking definition of Manufacturing Sector as per US BLS definition, if you still thinking the other thing, I can't stop you from being stupid

Again, you think shit and stuff that I never said and am i supposed to explain everything for you??

Dude, you are beyond help.

And I never mention export, again, that's your magical thinking........and what is your basis of export is NOT "A" not "THE" main component of China GDP when it was 20.68% of Chinese GDP. You are thinking "THE" which is the most, you do know in English, there can be more than ONE "MAIN" function, right?

 

[Han Patriot]

Why would I need to show you the different between Manufacturing sector and Manufacturing industries when I NEVER FKING USE THE TERM MANUFACTURING INDUSTRIES. if you think that's something else, that's you. I have no obligation to explain ANYTHING OTHER THAN WHAT I SAID, and I had already gave you the Fking definition of Manufacturing Sector as per US BLS definition, if you still thinking the other thing, I can't stop you from being stupid

Again, you think shit and stuff that I never said and am i supposed to explain everything for you??

Dude, you are beyond help.

And I never mention export, again, that's your magical thinking........and what is your basis of export is NOT "A" not "THE" main component of China GDP when it was 20.68% of Chinese GDP. You are thinking "THE" which is the most, you do know in English, there can be more than ONE "MAIN" function, right?

There is no difference, you are the one saying there are different. Are you even coherent. Burden of proof lies with you mate. You claim it was different and now you want me to prove your statement. You never mentioned exports, your previous posts were full of the word EXPORTS. lololololol

Exactly, why is it A main component of the GDP? What is your basis, you claim something, shouldn't you prove it? What the heck man.

Until now you are still not telling me how you got 48% for manufacturing!!!!!

 

[jhungary]

There is no difference, you are the one saying there are different. Are you even coherent. Burden of proof lies with you mate. You claim it was different and now you want me to prove your statement. You never mentioned exports, your previous posts were full of the word EXPORTS. lololololol

Exactly, why is it A main component of the GDP? What is your basis, you claim something, shouldn't you prove it? What the heck man.

Until now you are still not telling me how you got 48% for manufacturing!!!!!

Again, I NEVER EVEN USED THE TERM MANUFACTURING INDUSTRIES.........You, are thinking about something else and different thing I said. I cannot be hold responsible for this, you have you own mind, and in your shot mind you think i am talking about soemthing else.

And 20%, which is the second and without no distant 3rd (the third one is 9%) and you don't think that's a a "main" component? Then tell me what is your definition of "main" component. Dude, export and industrial sector combine is only just above 50%, so whatever you said is going to be dud.

And I have already told you how, you add industrial sector + construction + mining +_ energy sector, I have even did the calculation for you and without the energy sector it's 44%, you rejected that calculation without mentioning any reason, that's not my issue

 

[Indos]

China is slowing, thus it is affecting SEA countries too. Singapore only grow less than 1 percent for this entire first semester of 2023, while Malaysia is slowing to 4.2 % in Q2, the same like Vietnam and Philippine around 4.2 % in Q2, only Indonesia that Alhamdulillah can still grow at more than 5 % in Q2 after posting 5 % growth in Q1.

 

[Beny Karachun]

Agree. Compared with GDP, which can be easily manipulated, countries' industry power quality is more important. China's industry is getting stronger and stronger in most fields. Industry power is real because the export numbers can not be manipulated.

Industry is just a byproduct of economy. An industry can only exist when there's a profit. China can produce such amounts of products because it's exporting them with profit.

If a day comes and China is sanctioned or even worse, in case of a war, blockaded, its profits will cease and as a result industry will shut down.

That's why economic measures are in my opinion more important than raw industrial capabilities.

 

[Han Patriot]

Again, I NEVER EVEN USED THE TERM MANUFACTURING INDUSTRIES.........You, are thinking about something else and different thing I said. I cannot be hold responsible for this, you have you own mind, and in your shot mind you think i am talking about soemthing else.

And 20%, which is the second and without no distant 3rd (the third one is 9%) and you don't think that's a a "main" component? Then tell me what is your definition of "main" component. Dude, export and industrial sector combine is only just above 50%, so whatever you said is going to be dud.

And I have already told you how, you add industrial sector + construction + mining +_ energy sector, I have even did the calculation for you and without the energy sector it's 44%, you rejected that calculation without mentioning any reason, that's not my issue

Genius, you need to stay focused okay. I used the word manucturing industry and you said you were talking about manufacturing sector. So i asked you what is the different between manufcaturing industry and manufacturing sector. Until now you are not answering me.

Read your statement above, you add 'INDUSTRIAL SECTOR'? Wtf is industrial sector, there are 3 types of industry, primary, secondary and tertiary. You know the difference right. How the **** do you *** industrial sector and energy sector and mining sector when they are all INDUSTRIES dumbfxk.

And btw, private consumption, fixed asset investment by businesses are botn higher than exports. The right is actually to use net exports. If you calculate it that way, among the 4 components of the gdp, it is the lowest.

1) what is the difference between manufacturing sector and manufacturing industry.

2) how do you get 48% for manufacturing. Mining is not manufacturing, construction is not manufacturing.

3)how is exports a MAIN COMPONENT when it is lower than both private consumption and fixed asset investments? Again economists use net exports instead of exports for gdp calculations. If you use net exports, the numbers are even lower than government consumption, it is the lowest among the four components of the GDP.