How big is China’s economy? Big Mac suggests China’s economy bigger than the World Bank thinks

[Han Patriot]

Yah thats basically it.

But CPC trolls will dissuade any use of same PPP concept for Indian economy though.

Its all very selective and inconsistent by them..... they are propaganda driven, not logic driven.

PPP means nothing if half your population openly defecate and 25% are starving. That's the main reason we are ridiculing this. Of course we know RMB is undervalued, we are doing it deliberately to destroy Western industrial base just like what the Japs did.

 

[BHAN85]

It's everywhere. They have far less boundaries when it comes to advertising than in the west. Even in elevators, in their subways, everywhere, there is advertising non stop. It's actually annoying to me.

But in the CGTN channels television there is no advertising, no?

https://en.wikipedia.org/wiki/CGTN_(TV_channel)

There is commercial television advertising in China in CGTN (former CCTV) or another channels?

Television goes to everywhere, cities and small towns.

Elevators, subways, etc... it's only for big cities.

 

[Nilgiri]

Oh, my..., Indians mind is being brainwashed beyond any help.

Good one, very creative. Very out of red-book ideology.

PPP means nothing if half your population openly defecate and 25% are starving. That's the main reason we are ridiculing this. Of course we know RMB is undervalued, we are doing it deliberately to destroy Western industrial base just like what the Japs did.

Nominal means nothing if you claim 0 defecating, but then the hordes of tourists at the louvre from CCP la-la-la land start defecating....that french authorities have to put up signs to dissuade it.

No other country has this problem (no other signs were needed)...that too for those can afford international travel.

One can see the CCP "credibility" from this alone.

So take your smarmy blab and shove it.

 

[beijingwalker]

Good one, very creative. Very out of red-book ideology.



Nominal means nothing if you claim 0 defecating, but then the hordes of tourists at the louvre from CCP la-la-la land start defecating....that french authorities have to put up signs to dissuade it.

No other country has this problem (no other signs were needed)...that too for those can afford international travel.

One can see the CCP "credibility" from this alone.

So take your smarmy blab and shove it.

LOL, OK, we Chinese open defecate, come to China to check how dirty our cities are littering with human waste.

 

[Nilgiri]

LOL, OK, we Chinese open defecate, come to China to check how dirty our cities are littering with human waste.

Hey if it were true, whats the reason for doing so at the louvre man? What changed?

 

[beijingwalker]

Hey if it were true, whats the reason for doing so at the louvre man? What changed?

LOL, that's true , check " open defecation" on youtube. We Chinese don't have enough toilets.

 

[Nilgiri]

LOL, that's true , check " open defecation" on youtube. We Chinese don't have enough toilets.

Real China is videod and posted on Youtube?....or anything? lmao.

CCP permits it?

So I'm just asking if everything is super fine and dandy (for argument sake), explain me these chinese tourists then, representing the best of you to foreign developed countries? Some big explanation you got for that?.....or should we use occam's razor?

 

[beijingwalker]

Real China is videod and posted on Youtube?....or anything? lmao.

CCP permits it?

So I'm just asking if everything is super fine and dandy (for argument sake), explain me these chinese tourists then, representing the best of you to foreign developed countries? Some big explanation you got for that?.....or should we use occam's razor?

Like those people? don't know, it seems happens in every country, but what's the point to talk about it here?
https://www.independent.co.uk/trave...s-defecate-arrested-peru-faeces-a9283656.html

This thread is about the size of the Chinese economy.

 

[Han Patriot]

Good one, very creative. Very out of red-book ideology.



Nominal means nothing if you claim 0 defecating, but then the hordes of tourists at the louvre from CCP la-la-la land start defecating....that french authorities have to put up signs to dissuade it.

No other country has this problem (no other signs were needed)...that too for those can afford international travel.

One can see the CCP "credibility" from this alone.

So take your smarmy blab and shove it.

We are talking about 500mil pooping not 1 or 2 illiterate cuckoo's.

You can have the world's largest economy by paper value, but if money is not used to improve infrastructure, livelihood and health, its just a piece of paper.

 

[Mista]

PPP GDP is usually used to measure per capita domestic purchasing power, while nominal GDP is used to measure global purchasing power and influence.

Anyway it's stupid to say a local currency is overvalued or undervalued by just looking at the PPP index.

The Swiss Franc for example is strong relative to the USD, but it doesn't mean that it's overvalued. The strong Franc is rooted in Switzerland's strong economic fundamentals with a huge current account surplus as a percentage of GDP. In fact it should appreciate even further if the government didn't squirrel away the accumulated surplus in foreign reserves.

https://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance_as_a_percentage_of_GDP

 

[the_messenger]

GDP PPP, sometimes, is an illusion.
It only has some meaning in case that country can produce many things for itself. For the case of China where they can produce nearly everything, PPP has a big meaning.
For others, it only shows the country has a very large wealth gap.

 

[ohmrlobalobayeh]

Good one, very creative. Very out of red-book ideology.



Nominal means nothing if you claim 0 defecating, but then the hordes of tourists at the louvre from CCP la-la-la land start defecating....that french authorities have to put up signs to dissuade it.

No other country has this problem (no other signs were needed)...that too for those can afford international travel.

One can see the CCP "credibility" from this alone.

So take your smarmy blab and shove it.

mao, mao, mao
ccp, ccp, ccp
50 cents, 60 cents, 70s cents
colonial era, world war 2 era , cold war era

how come u guys r always of the same , old, boring rhetoric

no wonder Indians r so backwards

 

[Brainsucker]

will read.
What is your opinion on this video?

Don't watch only Serpentza channel. You should also watch Daniel Dumbrill channel for 2nd opinion.

https://www.youtube.com/channel/UC6Bl8MTbW9M9MQoPhxbarpw

 

[beijingwalker]

Chinese can afford being locked down for years cause our saving can last us very long, A lockdown in US for 2 months will force many Americans onto the streets begging for food.

This is what really matters now under this current situation, and this is the reason how China can largely wiped out the virus in just couples of months so successfully. US can never afford a long lockdown and that's why even the infection rate keeps breaking record, US still has to open up.

 

[beijingwalker]

Sometimes I really wonder what US still has besides their massively bloated stock market, US doesn't have much heavy industries left, heavy industries still produce steel and other essential material to support all other industries, US has little manufacturing and the infrastructure, public facilities of all kinds are falling apart and way behind China's, so called high tech US also vastly depends on China, without China it can not even build their 5G network... Yes US is still the biggest weapon producer but which countries are always fighting wars?