China's $22 trillion time-bomb

[Chinese-Dragon]

But this thread is not about India or Indians.. Why would you go off topic..??

If you can't handle it, then don't start China-bashing threads.

Otherwise, go cry somewhere else.

(The second option is the one you are supposed to take).

 

[Punjabbi Munda]

If you can't handle it, then don't start China-bashing threads.

Otherwise, go cry somewhere else.

(The second option is the one you are supposed to take).

If you can't reply go sleep.
Or
You bring in India and start spewing your anger and get off topic.
(The second option is what you always take!)

 

[manofwar]

What a liar.

The forum rules clearly state that no threads on the Chinese economy are allowed. And this article is beyond ridiculous, they add all sorts of numbers that they do not add for any other economy in the world, and expect to be taken seriously when the IMF numbers contradict them instantly.



It absolutely does. To show the sheer hypocrisy.

If you feel the thread is against rules you can simply ask the mods to close the thread or could have reported the person who started it. And Indians are not Hypocrites, just the author is. Do not generalize us

If you can't handle it, then don't start China-bashing threads.

Otherwise, go cry somewhere else.

(The second option is the one you are supposed to take).

Please do not resort to personal attacks. You are a senior member and respected a lot here. Giving your arguments in a cvilised manner will sufice

 

[Chinese-Dragon]

Please do not resort to personal attacks. You are a senior member and respected a lot here. Giving your arguments in a cvilised manner will sufice

Wow, you really are new to this forum.

To make a long story short, the Indians here constantly find reasons to attack China and Chinese people. That is their overriding purpose here.

We respond by showing them some actual facts, and they start crying. What can be done?

 

[EjazR]

India's debt -to - GDP ratio has been declining in the past 10 years. It was around 85% in 2004 and is down to 64% in 2011.

Keep in mind that GoI does not provide govt. guarantee to banks unless they are owned by GoI explicitly.

On the other hand, GoC provides monetary backing to every company and bank. If you add the debt that only the banks and railways have to the books, Chinese debt-to-GDP ratio is NOT 33% but close to 150% in 2011. That is the main thrust of the story. So lets discuss this point instead of making inane posts.

 

[Icewolf]

loll this india article u gave link for is not talking abt economic collape but geographical collapse. now we r talking abt economic collapse. it doesnt means that china will collapse but slow down economically from 9% to 2% in next few years. japan was said the same thing in 1990 they laughed it off like u guys coz they also did all their developments on debts. but look at them now their economy is destroyed and they have beggars from leaders. u guys are heading at some way at 10 times faster speed. its cpp that is holding this country together any other countru would have crased by now.

Kiddo, 2% is not that much of a slow growth.. Look at Greece that has -6% growth.

 

[AbhimanyuShrivastav]

Kiddo, 2% is not that much of a slow growth.. Look at Greece that has -6% growth.

we all know why you would not want to bad mouth 2% growth

 

[NirmalKrish]

indians talking about chinese debt is the definition of pot calling the kettle black.

the entire indian economy is based on debt, india cannot grow without going into debt.

its a massive debt bubble. bubble nation.

mark my words, the indian ponzi scheme will collapse soon.

We will be waiting, till then use some itchgaurd it’s well recommended. Back to the topic its speculation as to what can happen. I mean it’s the law of gravity what goes up must come down be it, china, India or America does not matter.
Highs and lows my friend

 

[fly2012]

The number is hard to believe, where can you borrow those money to start from? There's no way to raise this much money inside China in the first place. China's debts are mainly local debts. The central government doesn't have much debt. All major banks in China are owned by the central government, in the doomsday scenario even such a think blows up, the central government can just print some money to wash off these local debts, leading to some controllable inflation. State capitalism has certain advantages.

 

[longyi]

If China indeed hide a $22 trillion debt all the smart kids on Wall street would know about it in minutes.

 

[Icewolf]

we all know why you would not want to bad mouth 2% growth

Dear, Pakistan GDP growth March has risen to 3.6% now. Keep looking at your own issues, India.

 

[kewell333]

Don't say silly things to make people laugh