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Decline of China: Identifying China's Successors

Obviously I get attacked because I'm the messenger but I'm only using facts. Only 5-10% of China has western standard of living. Yes, nobody is denying that. I'm talking about the remaining 90% of China who lives with couple of bucks per year. Most Chinese work in sweatshops or something similar as slave labor. I don't see how in couple of years Chinese will be able to buy their own products.

As I said earlier China, is depednent of foreign consumerism. China itself can't have consumer market. It is impossible economically. China's average population is already 40 year per capita. Sooner the later labor market will be replaced by those countries mentioned in the article. What will happen to China is obvious.

This must be done since China is commiting big crimes but biggest reason will be because those emerging countries mentioned in the country are just better and offer better conditions. The red writting is appearing on the wall for China, you just have to see it. The time to pay will come. I recommend you start reading the article. It already explains everything. Just point to me where you don't agree FROM the article.

And 90% of China has lived on a couple of bucks for thousands of years, and when you say "commiting big crimes", you mean, because China has a major population of Turkic people whom you want to split off and you don't give a damn about the 1,000 + other separatist movements accross the globe or the one in your own country since they aren't Turkic, which is why you spammed numerous threads about the same subject again and again.

http://www.defence.pk/forums/china-...egration-china-because-economic-collapse.html

http://www.defence.pk/forums/china-...s-concern-federalism-disintegration-risk.html

http://www.defence.pk/forums/china-...ight-face-internal-problems-disintegrate.html
 
Source, link, data.FROM world bank, IMF, any statistical materials, any research paper.

Where is your source? Anyone can make a table in excel and paste it here.

Yes, I clearly saw it. Why should I stick to every word of that? Are you mad? By the same logic, this thread is NOTHING about Chinese national statistics bureau, why you dragged it in? Now blame me for deflection?

Now prove me how your "saint" got the right figure.

It's written how he got it in the links above. You need not stick to everything ofcourse, but if i talk about X and you start a tangent about Y, it comes off intellectually weak.
And talking about data from national statistics bureau that talks about economy in a thread whose main subject is economy is not deflection, it's adding relevant facts.

Oh and while we are on the subject of HSBC which was mentioned in that post, i believe more their PMI assesment the your official data seeing your central government doesn't even know what amount of loans provincial governments took.

China Orders Government-Debt Audit as Growth Risks Rise

As for GDP, it's not fake

“A reporter called and asked me to comment on today’s data, but wouldn't I be crazy to comment on a fake figure?” said Xu Xiaonian, a respected economist and professor at China Europe International Business School on his Weibo, China's twitter-like service.

“Haven’t we always lived in a fairy tale?” commented a netizen.

Chinese economist questions GDP growth
 
YES, our M2 is indeed 105450 CNY Billion, absolutely right. I already knew it's 105450. If you compare this increment to that of same period last year, you will find it's a tiny growth, the rate is getting slower. You gonna use it disappointing me? So, that's what I said before, we are NOT adding more money to circulation, given this alert.

Household saving deposits also contributes to an important part of M2, that's real wealth growth.

Look at the blue data on the last column. M2 growth rate from 2008 to 2012. There is a fiscal stimulus plan in 2008, so it rise sharply by 11%. After that, it's slowing down. In 1993, M2 growth rate is 37%. Now, the 14% increment is 2nd biggest since 2000.

lol, kid, your government talks of targeted stimulus, the links say
reaching an all time high of 105450.00 CNY Billion in June of 2013
and you're telling me all is fine. lol....

I talk about X, you start about Y, again.

China has unveiled new measures to boost its struggling economy in a fresh sign the ruling party is concerned about a slowdown.
The stimulus package includes tax breaks for small businesses, reduced fees for exporters and opening up of railway construction.

http://www.investmentweek.co.uk/investment-week/news/2284693/china-unveils-fresh-stimulus-package

btw, just as a refresher of your words:

, we are not printing more money

we are NOT adding more money to circulation

In 2008, the country added 7.1 trillion yuan (US$1.13 trillion) to the currency market, while the United States added 5.08 trillion yuan (US$815 billion) and Europe 5.7 trillion yuan (US$915 billion).

In 2009, China added 13.5 trillion yuan (US$2.1 trillion), while the US, Japan and the eurozone significantly scaled back their supplies. China has been steadily adding 12 trillion yuan (US$1.9 trillion) each year since 2009.
The amount of newly increased money supply peaked in 2012, totaling over 26 trillion yuan (US$4.1 trillion), with China accounting for nearly half of it.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1102&id=20130130000046

LOL right.

Here's another gem, related to the bold in the Investmentweek.co article:

http://companies.caixin.com/2013-08-13/100568732.html

Print baby, print

obama.gif


Come back to me when you'll be able to reply with something other then shoddy home made excel tables.
 

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