When America Becomes No. 2 ...

[UKBengali]

And who will buy Chinese goods?
If West goes down also China goes down its that simple...

Chinese exports are 25% of GDP. This has come down from around 40% in the mid-2000s. As you can see China is reducing the impact of exports to it's overall GDP. As we speak the value of the increase in Chinese GDP is going up higher than the value of the increase in Chinese exports.

By 2030, China's GDP should be around the West combined. This amount of GDP concentrated in one country will propel it to natural hegemon just by the sheer amount of economic influence it will have all over the world.

The world is not static but dynamic. Otherwise one country will stay dominant for eternity.

 

[xenon54 out]

Hence forth why China is now trying to relay on the domestic markets recently, as they accumulated capital from all those years of FDI and export revenues. And GDP per Capita of 9,000 with 700 million people, and an middle class the size of the US population is an formidable market.

Thats by far not enough what do wou think why China is buying American funds?
The motor of Chinese economy is the Western costumer.

 

[Hypersonicmissiles]

Thats by far not enough what do wou think why China is buying American funds?
The motor of Chinese economy is the Western costumer.

That's just complete myth.

Chinese economy's main motor is investment. Around. 50% of growth is contributed by investment and 40% by consumption.

Western propaganda said China cannot grow without the west but China grew 7% during the global financial crisis when exports collapsed and the western consumer was in retreat.

China has been an investment driven economy for about 6 years now.

 

[Kiss_of_the_Dragon]

Thats by far not enough what do wou think why China is buying American funds?
The motor of Chinese economy is the Western costumer.

How about the rest of the world? don't they buy "made in China" products and you seem to forget other chinese sectors such services: infrastructure projects inTurkey's high speed rail, Africa road, dam, rail construction, sat launch for south America...we're not just doing thing for western costumers,China know how to diversify itself and don't want to put all eggs on same western basket.

 

[xenon54 out]

How about the rest of the world? don't they buy "made in China" products and you seem to forget other chinese sectors such services: infrastructure projects inTurkey's high speed rail, Africa road, dam, rail construction, sat launch for south America...we're not just doing thing for western costumers,China know how to diversify itself and don't want to put all eggs on same western basket.

First of all, the Chinese members dont need to take anything offensive of what i wrote because this is not limited to China.

West is still the biggest economic region in the world and will stay as the second biggest if China surpasses them, this means West is the biggest trading partner and will stay the biggest trading partner of China in the future, we are in a globalized world, a crisis in West will affect China just like a crisis in China would affect West.

What im saying is China needs West and West need China.