Even after all that growth Chyna is still 4 times poorer than Japan

The CCP is definitely good at manipulating stats and alterting the definition of poverty to get the results they want.

>Damn are they gonna make it lads?

cnbc.com/2019/03/06/chinas-growth-could-plummet-to-2percent-capital-economics.html
"No."

>alterting
it's the World Bank definition: 1.90 USD PPP

cope

>>en.wikipedia.org/wiki/List_of_countries_by_percentage_of_population_living_in_poverty

awkward as fuck. there are less people living in china with on 1.9USD PPP a day than america. -_-. usa explain yourselves.1.3% compared to 0.7%.

Nobody seriously thinks that other than the 50 cent army. It's really always been a shithole full of millions of peasants whipped by an all-powerful emperor and suffer from civil wars and foreign invasion every once in a while that kills millions. No reason to suspect this will change any time soon.

Mongol conquest of China: 30 million dead
Manchu conquest of China: 25 million dead
Taiping Rebellion: Minimum 20 million dead, possibly as many as 100 million dead
An Lunshan Rebellion: 13 million dead
Dungan Revolt: 10 million dead
Chinese civil war (1927-49): 7 million dead
Japanese invasion of China (1937-45): 20 million dead

If China stops growing or ever enters a recession then our economy is fucked.

>China has decided on being a source of cheap manual labor for the rest of the world, and not an innovator.

And that's why we have to ban them!

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>Damn are they gonna make it lads?
History showed us many times that any country that called itself communist made it.

>Nobody seriously thinks that other than the 50 cent army.

And U.S. intelligence.

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there always are spares. next factories are India and Indonesia.
t. ex-factory

dude, the point is not the production of goods, it's the consumption of goods that is the issue.the entire supply chain and distribution is hinged on the China consuming goods. if we suddenly shifted to India or Indonesia it would take decades for them to afford the shit we're selling them now.

>it's the consumption of goods
therefore the nexts are India and Indonesia.
the population of India is soon catching up with China. and also Indonesia has huge population relatively.

It's not that.
Our entire economy is built on the foundation of China's economy existing.
The majority of our exports which are resources go to them, our housing market is propped up by them.
We have even now entered a gdp per capita recession due to China enacting laws to make it harder to buy houses overseas.

the issue is that India and Indonesia are currently not wealthy enough to buy our goods at the current price China is paying. it's disruptive and unprofitable to appeal to the Indian and Indonesian market now. it would take at least 10 years of shit to get them to where China is right now if they even get to that point. the entire western world is pinning their profits on China buying their shit because they have a very large middle class.

tl;dr we can't fucking charge the Indians and Indonesians the price China is paying for our shit right now. if they don't buy our shit the entire idea of unlimited capitalistic growth falls on it's face and we have to deal with recession.

China and India will never make it because they just have too many people. I say never in the context of our lifetimes.
HOWEVER, high income per capita is somewhere around 14k isn't it? (real, not PPP I believe). Those two will make it, China earlier than India. And for what it's worth, geopolitical clout doesn't give a shit about per capita incomes so it's not like the two will lack the ability to shithouse their way through geopolitics.

China os positioning themselves to be the next superpower with Belt and Road though. Everybody wants a piece of it.

Japan will never ever be a superpower ever they wont even allow a military for themselves.

You can't have both geopolitical clout and high per capita incomes. America is an exception, an anomaly, not the norm. Japan will fade away into obscurity (they are on the way to), Germany only has economic power to speak of and they'll be eclipsed by India soon enough. Half the world thinks the UK and France have lost whatever made them the big dogs of the world. High population is a curse as well as a boon depending on what you're looking at. Fair enough if you'd rather have your country be one of the high income ones, but don't be surprised once they start losing influence on the world stage.

Chinese cities look like 22nd century, american like 20th
Also suburbs are most awful city plan and force you to get fat, stupid, buy car

>The majority of our exports which are resources go to them, our housing market is propped up by them.
thats because they can make money that is caused by factory status.
>recesion
it comes periodically no matter what the factory is.

>the issue is that India and Indonesia are currently not wealthy
So was China
>enough to buy our goods at the current price
factory-ation would change the status.
> it would take at least 10 years
it takes not so long. besides china's wage is going to more increase. and the technology would be as well. because of that, their status of factory would be not worthless. and their economy would be recessive either way.

>not worthless
*worthless

Like it or not, China will be the world's next superpower. They're slated to overtake the US economy by 2030. Honestly, they terrify me.

Once Japan released its power then the world will be shivered you Pinoy chink bootslikker TOP10anime betrayals

it's starting to change, extremely slowly

>Chinese cities look like 22nd century, american like 20th
It looks more like you in the 1970s.

Attached: beijing apartments.jpg (2000x1333, 594K)

>6G
What the fuck is wrong with this orage retard

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I wish our allies would stop fighting. Flips and Japs are both based.

dude, im talking about what the world is now, not what the world could be. we can try and build up India and Indonesia to what China is now, but that would take decades, in that time we can't fucking sell them the same shit we sell China at the price they are buying at. that's disruptive. If China slows down, they buy less shit from us, which in turn means they produce less shit for us. it's cyclical. a slowdown in China is bad news for all of us the same way a slow down in America is bad for all of us.

the core issue is that the world is banking on China's middle class to buy our shit. India and Indonesia can't afford our shit right now.

it looks to me he's doing it on purporse.

Based

>the core issue is that the world is banking on China's middle class to buy our shit.
The average Chinese is not any wealthier than the average Indian.

it would take India growing 10% a year for 16 years straight to reach where China is right now. that's if China grows at 0% for 16 years. you're insane if you think we can replace China with India in less than 20 years as a consumer.

This is liberalism vs developmentalism strategy argument.

Liberalism economies grow by having a free and fair playing field where no one gets advantages, and only those who flourish are those who are capable to innovate and create things people buy.

Developmentalism economies work where certain businesses are chosen by the government to be a "champion", whereas the government spends millions upon millions on this champion for them to compete on the world stage. Mitsubishi/Toyota for Japan, Samsung/Hyundai for South Korea, Huawei for China. The issue is that developmentalism is often a result of chance and regularly leads to market distortions, cronyism and inefficiencies. And to fund few champions, the state has to take out massive debt or manipulate currencies. The defying of economic gravity is in turn what led to the Japanese Asset bubble in the late 80's which stagnated the Japanese economy and the Asian Financial crisis of 1997 where the debt to GDP ratio of South Korea doubled, the Thai stock market dropped 75%, Malaysia's GDP dropped nearly 8%, and China's economic weakness of of trading with the US was revealed.

Something like this would set China back years.

I'm just saying inevitable facts.
Japan is our great friend and ally, you already gave us billions of billions of dollars over the past decade (in exchange for denying comfort women exist among others)

what the actual fuck dude. the GDP of India in 2017 was 1939.61USD. China is at 8825.99USD. what the fuck are you on dude?

Lol the average Indian worker earns 1/4 of the average chinese does. Yet despite that, Indian manufacturing is nowhere near the level it was when china was at current indian GDP level. India will never make it

China is wealthier on average but most of the wealth is controlled by the CCP elite while millions of people have Africa standards of living.

holy fuck dude

>>pewresearch.org/fact-tank/2015/07/15/china-india-middle-class/

get out.

That's not how it works.

>im talking about what the world is now
dude, imagine if you took a bucket of water to the top of a small mountain, you would easily made it.
but if you did it to the top of a big mountain, that's a big trouble.
Now you can replace the water with money.
China already grew up to the level. that means China itself is or would soon be incompetent in the factory/consumer status, like the US is.
and the water is very limited; you can also replace the water with wealth.

whilst India and Indonesia are still a small mountain. your investment could bear fruits more quickly than you do it to China now.

>leaf flag shilling for China
No surprise.

>whilst India and Indonesia are still a small mountain. your investment could bear fruits more quickly than you do it to China now.
That's assuming that Indian or Indonesian workers can be productive as China. They're not

oh my god. yes you CAN grow India and Indonesia to where China is. yes you can make a lot of money on the growth of these markets. the fucking world right now, RIGHT NOW, is dependent on China buying our shit for the price we are selling them right now. if China stops buying out shit for the price we sell them now, we can't fucking sell them to India and Indonesia at the same price, hence a fucking contraction in our economies until it reaches a balance between the price we sell it for and the price they are willing to pay. and i remind you, it would take 10% growth of India for 16 years straight to reach where China is right now. do you think your economy can wait that long of stagnation? oh wait, it's japan you're used to stagnation -_-. In canada, not growing for 16 years or contracting that long is a fucking death sentence.

do you know why I put the Indonesia along with the India? Your guess about India could be real, but Indonesia is more civilized country over India and China, although they are muslim.

>6G
jesus, how could anyone ever lose an election to this retard?

Attached: DRUMPF!.jpg (1500x1000, 1.38M)

Yeah you're right indonesia and Vietnam do have more potential for growth. But their population isn't large enough to match China's manufacturing and consumer class.

China is only more "productive" in the sense that it's a dictatorship and its people are essentially livestock that you hitch to a plow when you want something done.

>. the fucking world right now, RIGHT NOW
Are you a kid or snowflakes?
Haven't you experienced any recession?
They appears like the Sun does every morning.
If you were only fixated with China, doom of China means doom of the world, right?
now that China has grown up enough big, they can't sell their products for the same cheep prices. that leads them to recession either way.

>Chinese don't innovate
>yet their technology is a threat to world peace
A bit of logical consistency wouldn't hurt.

>yet their technology is a threat to world peace
Doubt it.

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sorry we're not used to recessions as you are japan. quite frankly recessions are shit and i'd prefer it if we avoided them.

China is not important for production as i said, it's important as a consumption base for raw materials. wood, minerals, metals, agriculture. shit they need to provide a growing middle class. shit we provide to them. India and Indonesia growing alongside them would increase the marketability of our goods. a drop in either of them is bad for business. China can sell their cheap shit Africa or whoever wants to buy them, that's not my problem, that's theirs. my problem is them buying our shit so we can keep our economy moving along.

>their population isn't large enough
the India is.
and the spares are not only Indonesia as you said.
Vietnam could be as well. other South East Asian countries could be as well.

>6G
kek
youtube.com/watch?v=1z-AxgueBRk

Our economy isn't dependant upon China, you fucking idiot.

Yeaah.... that was China 20 years ago.
Today, low value added cheap labor dependent work goes to Vietnam.

India is nowhere near ASEAN levels, in terms of IQ, let alone china. Of the ASEAN economies, only Malaysia and Vietnam have shown enough potential for substantial manufacturing growth. Indonesia and Phillipines is a toss up.

Yes they're reason why you haven't faced a recession in decades

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Two things:
1. exports aren't the entire economy and our export trade with China takes up less than 6% of our GDP.
2. our housing market is propped uo by years of boomer politics, greed and negative gearing. Foreign investors have fuck all to do with an issue that has been brewing for decades.
Stop swallowing media propaganda and being an ill informed dumb cunt. We have far too many as it is.

>India and Indonesia growing alongside them would increase the marketability of our goods
You should know wealth could NOT be shared. If some one get rich, then another would get poor.
Simply speaking, if you keep being fixated only with China, your future's possibility must be all up to China. and that will be not what you want now, because China became super power like US who can't even afford their health care.
as you said if china went to recession, there is no way you run away from it.

it's not that simple user. export trade entangles with the local economy in general, like taxation of people working in the export industries and secondary/tertiary industries like food, housing, insurance, finance etc etc. also worse is that if those in that export business fold, they will no longer generate revenue, but end up as a expense to the Australian welfare and social assistance.

>India is nowhere near ASEAN levels
But you know they are Chinese level.

no you fucking retard, the world isn't a zero sum game. wealth is generated every fucking day, we extract, refine and produce wealth everyday on this planet. me buying a phone doesn't mean i took it from someone else. where the fuck did you get a stupid idea like that?

see
Developmentalism strategy champions are sponsored and controlled by the state to forward geoeconomic aims. For Japan and SK, the US tolerated it because of common economic goals and their markets opening up to US firms in return.

However, this isnt the case with China. Not only are they fluent in using geoeconomics to propel the Partys needs, leaving a state controlled and funded firm (Huawei) to be suspicious of, but they also refuse to open up to American firms top challenge them on an open playing field, which is the direct aim of the Trump Trade War.

If your media and government didn't believe this, they wouldn't spend hundreds of billions of dollars on military bases and endless empire propaganda, senpai. People say actions speak louder than words but in reality the USA is doing both in a loud and aggressive manner.

You know nothing about our economy.

Go back to Jow Forums, you fucking ignorant teenager.

Not even close. India came in dead last in PISA rankings. They have a huge unskilled, low IQ population that simply isn't suited for manufacturing

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Indonesia and Philippines manufacturing groth has been 6-7% since 2010, what are you on about
ASEAN is the next superpower, especially Indonesia, and I aint even joking.

>implying it takes any substantial IQ or educational level to stitch Nike sneakers together
In other news, Bangladesh is one of the world's biggest centers of textile manufacturing.

>refine and produce wealth everyday on this planet.
come on brainlet.
when you produced some products, simultaneously somethings get worthless.
there is no eternal things.

and you made no rebuttal. that is the function of export industries. to extract foreign capital into the local economy. simply folding 6% of your GDP has a wide effect on the economy in general as i stated. food, housing, insurance, finance, tax revenue, consumption. because of social assistance, it's not like losing those jobs will simply cut off revenue, it turns into an expense because of welfare, healthcare and other infrastructure needs. how else will the economy suddenly absorb job losses if they aren't exporting?

you are a flip immigrant arent you

shit im also brainlet I gave me (YOU) lol
>>refine and produce wealth everyday on this planet.
>come on brainlet.
>when you produced some products, simultaneously somethings get worthless.
>there is no eternal things.

>Guy says he's Jesus' brother
>30 Million people die
China will never be a superpower, atleast, not more than it already is, everytime it gets somewhat powerful some dumb thing happens and tens of millions of people die.

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>t. knows nothing about economics and geoeconomics

Yeah, you sure proved me wrong by calling me an ignorant teenager huh. Way to bring some actual useful arguments to the table.

Stay wrong, bitch.

you really are a brainlet if you think we aren't generating wealth. as long as we can extract resources from the planet or the environment, we generate wealth.

>textile manufacturing.
shoes and textiles are manual, low skill manufacturing. They don't require a whole of infrastructure or expertise to set up. They can never take over the mid-level and high manufacturing work that china does.
youtube.com/watch?v=eNVvl-yQBWY

>Indonesia and Philippines manufacturing growth has been 6-7% since 2010
from a much lower basis point. Their infrastructure is nowhere near China's level to match their manufacturing prowess.

Chinese cities are either the commieblocks you grew up in or Dubai tier souless "futurism" covered in a thick layer of smog.

>everytime it gets somewhat powerful some dumb thing happens and tens of millions of people die.
wut

>that one chinknadian who comes to defend china in every thread
if you love china so much why don't you live there?

Ahh, you know when you produce row material that China producing you are not required any IQ.

again do you think everything will keep the shape for ever?

see youtube.com/watch?v=eNVvl-yQBWY

What makes them the manufacturing powerhouse isn't making cheap shoes and textiles, but their dominance over mid and high end manufacturing

no, when the planet is dead and we've extracted everything we can from it and we can no longer recycle the by products, we're going to see a zero-sum situation. because the resources will be finite after we're extracted everything we can. as long as we can extract and refine raw materials into things we need, wealth is generated. it will contract if the environment is no longer abundant.

...

>mid and high end manufacturing
That's a fancy way of saying a lot of cheap yellow hands to assemble Samsung phones designed in Korea.

lmao he didn't even mention the cultural revolution and the great leap forward.

>every time theres a huge crisis, millions of people die
yeah sure i guess

I for one support our Chink overlords, we give them free reign in Siberia as tribute.

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again when you reached the level where you can produce high level material, you could get more wage, right?
that means China can never sell the products for same cheep prices. that means they can't make money more than now. that means you can't sell your maple syrup to them as you doing now.

But Europe has experienced infinitely more chimpouts and infighting, despite having a much smaller population. 100's of millions would die in China, if they were violent and retarded as euros were

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