Young Japanese scholars head to China for stable, independent jobs

[etylo]

Japanese economy looks very bleak is a known fact, even Japanese themselves admit it. Germany is posing to surpass Japan in GDP this year and even India claims it will overtake Japan very soon. South Korea and Taiwan just surpassed Japan in per capita GDP this year.

Japanese total GDP is lesss than 1/4 of the Chinese GDP now.

 

[Song Hong]

Actually India is a very large economy but China is 6-7 times bigger. West is obviously rigging GDP statistics. India is no competitor to China.


Steel production

Electricity Production

 

[beijingwalker]

Again, this time you are speaking about quality in a matter of quantity. You yourself acknowledge that capitalism worships sale number, not quality.

What? I m talking about GDP and trade numbers, India suffers huge trade deficit year on year, you don't know that?

India's September trade deficit widens; exports up 4.82% to $35.45 bn

India’s imports rose 8.66 per cent to $61.16 billion in September from $56.29 billion in the same period last year.

www.businesstoday.in

 

[REhorror]

What? I m talking about GDP and trade numbers, India suffers huge trade deficit year on year, you don't know that?

India's September trade deficit widens; exports up 4.82% to $35.45 bn

India’s imports rose 8.66 per cent to $61.16 billion in September from $56.29 billion in the same period last year.

www.businesstoday.in

As said by Mista, trade deficit doesn't actually hamper growth, or the US or UK would be 3rd shitholes by now due to their trade deficit rate.

EDIT: In fact, even in China itself, its GDP grows the most during its trade deficit area when it just opens up (the era from 1990 - 2010s).

 

[Song Hong]

As said by Mista, trade deficit doesn't actually hamper growth, or the US or UK would be 3rd shitholes by now due to their trade deficit rate.

Trade deficit is lethal to ALL East Asian countries, not just hampering growth.

US is extraordinary because it has a freehand running printing press. And UK is US evil sidekick.

That makes a big difference.

I see Japan will collapse soon if these runs for 1 -2 years,

This MISTA is either too stupid as economist or statistican or he is lying. He totally got no vision.

 

[etylo]

GDP doesn't decide product's quality.
I'm not sure about Germany but India will definitely surpass Japan, and in the future India will surpass the US too, so it would be just China vs India.

India is just a shithole country, period.

 

[Song Hong]

MISTA is obvioulsy a mid to high ranking GoS civil servant. I am worry for Singapore if the government is full of this kind of idiots.

 

[REhorror]

Trade deficit is lethal to ALL East Asian countries, not just hampering growth.

US is extraordinary because it has a freehand running printing press. And UK is US evil sidekick.

That makes a big difference.

I see Japan will collapse soon if these runs for 1 -2 years,

This MISTA is either too stupid as economist or statistican or he is lying. He totally got no vision.

As said, China's GDP literally grows the most during its trade deficit era....

 

[beijingwalker]

As said by Mista, trade deficit doesn't actually hamper growth, or the US or UK would be 3rd shitholes by now due to their trade deficit rate.

US can print dollars, can India do it? besides, Developed countries accumulated wealth to a level through trade surplus over decades even centuries, but India is still poor, huge trade deficit won't make a very poor country develop healthily.

As said, China's GDP literally grows the most during its trade deficit era....

Do you have any proof?

 

[REhorror]

US can print dollars, can India do it? besides, Developed countries accumulated wealth to a level through trade surplus over decades even centuries, but India is still poor, huge trade deficit won't make a very poor country develop healthily.


Do you have any proof?

China posts record trade deficit in 20 years|Economy|chinadaily.com.cn

China posted its largest trade deficit in the past two decades last month, while the nation's imports surged by 40 percent. Exports grew at half the rate of imports.

www.chinadaily.com.cn

China's largest deficit in two decades - 2012.
In 2012, China's GDP growth was 8.1%:

Chinese economy loses momentum

China's gross domestic product grew by 8.1% during the fourth quarter, the National Bureau of Statistics said Friday.

money.cnn.com

 

[Song Hong]

As said, China's GDP literally grows the most during its trade deficit era....

China running trade surplus for years. ALL East Asians countries cannot run trade deficit. They will collapse if this last for 1 -2 years.

 

[beijingwalker]

China posts record trade deficit in 20 years|Economy|chinadaily.com.cn

China posted its largest trade deficit in the past two decades last month, while the nation's imports surged by 40 percent. Exports grew at half the rate of imports.

www.chinadaily.com.cn

China's largest deficit in two decades - 2012.
In 2012, China's GDP growth was 8.1%:

Chinese economy loses momentum

China's gross domestic product grew by 8.1% during the fourth quarter, the National Bureau of Statistics said Friday.

money.cnn.com

it was just one year, China's fast growth started after joining WTO, that was a whole decade of surplus , have you ever heard " east Asia development model"?

East Asian model - Wikipedia

en.wikipedia.org

 

[Song Hong]

Korea is running trade deficit. Bad news. Look at Reuters headlines about the outcome.

Korea cannot run trade deficit for long without fatal damage to economy.

Good luck to korea.

S.Korea August trade deficit hits record, adding pressure on won

South Korea's export growth slowed in August but imports accelerated, widening the trade deficit to a record amount and adding downside pressure on the won, already hovering at over 13-year lows.

www.reuters.com

 

[REhorror]

China running trade surplus for years. ALL East Asians countries cannot run trade deficit. They will collapse if this last for 1 -2 years.

View attachment 887205

View attachment 887206

Evidently, China can still run trade deficit and still has growth.

it was just one year, China's fast growth started after joining WTO, that was a whole decade of surplus , have you ever heard " east Asia development model"?

East Asian model - Wikipedia

en.wikipedia.org

I heard of it, export-oriented.
But it doesn't mean having trade deficit will hamper growth.

 

[Song Hong]

Evidently, China can still run trade deficit and still has growth.

I heard of it, export-oriented.
But it doesn't mean having trade deficit will hamper growth.

Eventually China MAY run trade deficit once Yuan become reserve currency.

US and Euro zone can run trade deficit because they can just print.