F-22Raptor
Elite Member
- Jun 18, 2014
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Lol, what is real GDP? money printing? In Real GDP China is almost a third bigger than that of US.Chinas economy is barely outgrowing the US in real GDP and falling behind in nominal. Chinas trend growth line is continuing to decline significantly. The gap with US GDP this year will be around $10T. China is just trying to keep pace at this point.
China will never truly be on US level in terms of technology and innovation. They’ll always be a fast follower. The US meanwhile is truly at the bleeding edge.
LOL, Printing money doesn't need much electricity.The figures make sense when you look at corroborating evidence. China’s electricity generation, for example, overtook that in the US in 2010. And during the 2016-22 period when China’s economy was supposedly making no progress compared with the US, its generation grew 45 per cent, while it was broadly flat in America.
Lol, the same report with a different title, saying China can beat US militarily in Asia, do you also support this point of the same article?China’s power in Asia is plateauing at a level below the US as its economic capability is curtailed, according to the Lowy Institute’s annual analysis of influence in the region.
“Power in Asia remains a bipolar game, with the world’s two superpowers topping our ranking by a considerable margin,” the Sydney-based think tank said in a report Sunday.
“China’s power is neither surging nor collapsing, but plateauing,” the institute said.
“Flatlining economic capability, driven by slower economic growth and longer-term structural challenges, means that China’s economic clout, while still commanding, is no longer growing.”
The Asia Power Index rankings encompass eight broad themes including military capability, diplomatic and cultural influence, resilience and future resources. The results also showed India overtaking Japan to be third-ranked, while Australia rose to fifth and Russia dropped to sixth.
The US leads China in six of eight broad measures, although in military capability the US advantage is eroding, the institute said.
For the first time, experts “judged that China is better able to deploy rapidly and for a sustained period in the event of an interstate conflict in Asia,” it said.
India’s power is growing, driven by its rich resources and diplomatic influence — although its economic relationships remain a weak point, the institute said.
“New Delhi still has limited ability to project power and influence east of the Malacca Strait,” it said. “However, the fact that its influence remains well below the level promised by its resources suggests it still has ample potential for further growth as a major power.”
Lol, what is real GDP? money printing? In Real GDP China is almost a third bigger than that of US.
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www.ft.com
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Measured at PPP, the latest IMF data shows China’s GDP exceeded that in the US around the time Donald Trump was “making America great again”. It is now 22 per cent larger. The figures make sense when you look at corroborating evidence. China’s electricity generation, for example, overtook that in the US in 2010. And during the 2016-22 period when China’s economy was supposedly making no progress compared with the US, its generation grew 45 per cent, while it was broadly flat in America.
Nigga I just give you an article china nominal gdp is grossly underestimated. Ppp also matter because everything is cheaper to be produced in china. Use your brain idiot. 1 trillion in defense spending and still falling behind. 100 billion + for 600 km California high speed rail and still only half way done. By the time it gets done the budget will balloon to 150 billion us dollars lol china has built over 50 thousand km of high speed rail for less than a trillion dollars. At best u guys will be able to build 5k km high speed rail with that budget.PPP doesn’t matter when measuring national economies. PPP is only used by developing nations that have shit purchasing power. That’s why economists didnt care that China surpassed the US a decade ago in PPP. PPP only matters when measuring individual standard of living. Nominal is all that matters when measuring national power. PPP is only used by the copers.
China growing at 4.5-5% from a $17.5T economy is barely outperforming a $27.5T US economy growing at 2.5-3%. And Chinas trend line growth is headed towards 3% by 2030. And this is before the major demographic decline.
China simply isn’t growing fast enough to overtake the US economy. Chinas economy is underperforming. The US economy is exceeding expectations. The GDP gap will be around $10T this year.
Lol, the same report with a different title, saying China can beat US militarily in Asia, do you also support this point of the same article?
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Nigga I just give you an article china nominal gdp is grossly underestimated. Ppp also matter because everything is cheaper to be produced in china. Use your brain idiot. 1 trillion in defense spending and still falling behind. 100 billion + for 600 km California high speed rail and still only half way done. By the time it gets done the budget will balloon to 150 billion us dollars lol china has built over 50 thousand km of high speed rail for less than a trillion dollars. At best u guys will be able to build 5k km high speed rail with that budget.
lol, PPP doesn't matter? then why you US now can't afford building anything? let alone your dilapidated infras, now you can't even afford building warships, why?PPP doesn’t matter when measuring national economies. PPP is only used by developing nations that have shit purchasing power. That’s why economists didnt care that China surpassed the US a decade ago in PPP. PPP only matters when measuring individual standard of living. Nominal is all that matters when measuring national power. PPP is only used by the copers.
China growing at 4.5-5% from a $17.5T economy is barely outperforming a $27.5T US economy growing at 2.5-3%. And Chinas trend line growth is headed towards 3% by 2030. And this is before the major demographic decline.
China simply isn’t growing fast enough to overtake the US economy. Chinas economy is underperforming. The US economy is exceeding expectations. The GDP gap will be around $10T this year.
Haha yes f-35 is so good it transforms into a flying submarine.Go cope more buddy, and PPP doesn’t matter on a national scale. There’s no such thing as a national cost of living. And comparing defense budgets means nothing without full insight into relative military capabilities. A J-20 is not equal to an F-35