China Economy Megathread

The Something Awful Forums > Discussion > Debate & Discussion > China Economy Megathread

Bates: Jun 15, 2006

Cultural Imperial posted:

Well, if you account for all those empty cities that China built, I can totally believe that their GDP exceeds that of the US.

To be fair the US built a lot of stuff nobody wants either.

# ¿ May 1, 2014 18:02

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# ¿ May 7, 2024 11:01

Bates: Jun 15, 2006

Ervin K posted:

Speaking of retarded graphs, today I read an article on The Economist that predicted that the population of Nigeria would triple to surpass that of America within 25 years. Nigeria is a pretty small country in area compared to the US, is in a region that is constantly struggling with food and political stability, and is one of the most prone to climate change. Sure it's theoretically possible that Nigeria's population will triple in 25 years, but only a moron would seriously forecast that purely because the population has been rising quickly in the past.

I'll raise you: Standard Chartered thinks China will have double the GDP of the US in 16 years.

# ¿ Aug 25, 2014 19:03

Bates: Jun 15, 2006

Fojar38 posted:

So apparently the inevitable overtaking of US GDP by China is going to happen around 2030 now.

Last year they were predicting it'd happen in 2024

In 2011 they were predicting 2018

2017 is for GDP by Purchasing Power Parity. 2030 is for nominal GDP. By some estimates China already has a larger GDP PPP.

# ¿ Apr 2, 2015 00:01

Bates: Jun 15, 2006

Arglebargle III posted:

If the government is serious about reducing coal use, the nuclear industry can grow by eating coal's market share. If it's not, nuclear is going to be like a cowboy with assless chaps in a dildo factory.

So either way it's a win for nuclear.

# ¿ Apr 17, 2015 12:17

Bates: Jun 15, 2006

Fojar38 posted:

China said they're going to do a thing and therefore they will do a thing. People unironically believe things said by an authoritarian kleptocracy at face value.

If China thinks it can keep its economy above the water by convincing other countries to let the Chinese build useless crap that nobody will ever use then they don't seem to understand that people from other countries aren't literal retards who can be awed into passivity by the mighty monuments of the Mao Dynasty.

No need to convince countries when you can bribe a few politicians. There's many ways to loot a country but it's a lot less complicated if you throw the local cleptocracy a bone.

# ¿ May 21, 2015 00:36

Bates: Jun 15, 2006

Freezer posted:

The stocks won't go down if they're not allowed to go down, what a masterstroke.

The fund managers should de-list all the stocks and then just take a three month long vacation, while they eat caviar off a hooker's rear end on a yatch, while coked out of their minds.

Next step is founding a government agency that determines the value of stock :v:

# ¿ Jul 8, 2015 00:27

Bates: Jun 15, 2006

At least they had the common sense to outlaw the drop.

# ¿ Jul 9, 2015 02:15

Bates: Jun 15, 2006

icantfindaname posted:

How much of that 20% is the collapse in the price of oil over the last year?

Without an excuse like oil prices falling there's not really any way to spin imports being down 20% as anything other than catastrophic. China's not a major producer of raw materials, imports drive both exports and internal consumption

And remember China is pumping up their strategic oil reserves atm - it should inflate their imports and keep a hand under oil prices until 2016.

# ¿ Oct 13, 2015 16:29

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# ¿ May 7, 2024 11:01

Bates: Jun 15, 2006

Cultural Imperial posted:

Lol

Capitalism is hard and learning is fun.

# ¿ Mar 22, 2016 13:48

The Something Awful Forums > Discussion > Debate & Discussion > China Economy Megathread