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There's been some noise That China is just about to overtake the United states as the largest economy in the world by Purchasing Power Parity I dont know if this really means anything because it's not really as decisive as GDP per capita is in terms of true economic power but I guess the wind is blowing in that direction, doesnt mean that china is ACTUALLY a more developed country than the US by a long shot.
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Apr 30, 2014 09:03
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| # ¿ May 7, 2024 17:10 |
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Speaking of Development cash, China is about to invest a whopping 46 BILLION dollar investment into Pakistan, to develop an energy and transportation super highway from the western most part of china, across the entirety of Pakistan and straight to the ocean. just to give you an idea of the scale of it, the Chinese AIIB's initial entire capital will have 50 billion, that's just barely above what china will throw at Pakistan for the next decade. http://www.bbc.com/news/world-asia-32377088 it's interesting to see how different the world is going to look like now that cash power and influence being directly made by china. Al-Saqr fucked around with this message at 05:09 on Apr 20, 2015 |
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Apr 20, 2015 04:58
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how is manual railroad building labor from china any more competent or good than Bolivian ones? surely china can win massive points from the local population by giving them this job, and cheaper too?
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May 20, 2015 15:02
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Can someone give me a quick and dirty on how stock market crashes like this can just magically happen out of thin air? or did a major housing bubble burst or something even happen that I missed?
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Jul 8, 2015 06:01
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