Search results

^ And China includes? Seriously, did you even read what I highlighted? Even the NBS acknowledges that there are 2 different ways of calculating imputed GDP. And here you guys are going everywhere claiming that US GDP is fake for including imputed rents. Other countries are fake too? Only...

https://fred.stlouisfed.org/series/A229RC0A052NBEA Still >30% higher than the implied GDP per capita ratio of the 2 countries.

Straight from the NBS that China's GDP also includes imputed GDP from owner-occupied dwellings. Like I said in my initial post. China's imputed GDP from owner-occupied dwellings is around 7%, and for the US it's 11%. It's not that big of a difference. Your claim that China's GDP would be...

When did I ever say depreciation? I've said property cost-amortization, costs which includes the following in the screenshot I've provided above: http://www.lg.gov.cn/hdjl/ywzsk/tjzs/content/post_9351689.html

Well, I also think it's understated but that's data straight from the National Bureau of Statistics of China. I'm too lazy to read through the article disputing NBS's figures, but even assuming your figures are right, it still doesn't support your argument that China would have a higher nominal...

Using households would be more accurate than per capita, because a family of four living together usually don't own four homes. There are 500 million households in China. USD259bil / 500mil = USD518 The statistics provided is for one quarter. USD518 * 4 = ~USD2K per annum. China uses a...

Elaborate. There are too many variables for household net worth. Savings rate, housing prices, veracity of figures collected for each asset class etc. For the above reasons especially the last one, such figures are never objective enough and really depends on the study made. I can easily...

Not this again. I've seen this argument made in Chinese 自媒体 countless times by people who know little about economics. The truth is almost all if not all countries include imputed GDP from owner-occupied dwellings, including China. I will repost. The ratio of owner-occupied to rented...

https://www.straitstimes.com/business/singapore-saw-record-448-billion-inflow-of-new-money-last-year-mas-data Singapore saw record $448 billion inflow of new money last year: MAS data SINGAPORE– Singapore can absorb record inflows of new money, the central bank chief said, allaying concerns of...

Global FX trading hits record $7.5 trln a day - BIS survey LONDON, Oct 27 (Reuters) - Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global dominance but some signs too that London's position as the world's top trading...

Singapore’s foreign exchange (FX) average daily trading volumes (ADTV) rose 45% y-o-y to US$929 billion ($1.31 trillion) in April 2022, retaining the city-state’s position as the third-largest FX centre in the world, behind the UK and the US. According to the Monetary Authority of Singapore...

https://www.channelnewsasia.com/singapore/singapore-armed-forces-saf-digital-intelligence-service-inauguration-parade-3028641

You sound as if the Koreans care about the content of the festival and were there not for party but to sing Hallelujah.

Some of the world's worst stampedes https://www.reuters.com/world/some-worlds-worst-stampedes-2022-10-29/ April 1989: 96 (UK) July 1990: 1,426 (Saudi Arabia) May 1994: 270 (Saudi Arabia) April 1998: 119 (Saudi Arabia) May 2001: 126 (Ghana) Feb 2004: 251 (Saudi Arabia) Jan 2005: 265...

Well, I don't really need a super computer to tell me that Singapore is always hot and humid, or whether it's either going to rain or not going to rain when it rains every other day...

The onus to provide data is on you guys because no one else is framing a stampede accident as a East vs West issue in the first place.

Yeah, so why are so many Chinese youngsters in the following videos celebrating Halloween then? TIL China is not in Asia. Accidents could've happened anywhere, developed or developing, East or West. Are there lapses? Sure, on hindsight they could've done better on managing the crowd. But...

Where is your hometown? Nowhere in Vietnam is too far from Hanoi/HCMC right? OTOH Hegang is really secluded from other economic centers in China. It's near Siberia with an average low temperature of -20°C in the winter.

It's great if your job allows you to totally work remotely like a freelance writer or a Douyin influencer. But you have to think twice if you are seeking a regular job or looking to raise a family. Even in Japan there are also very cheap homes in rural areas, some even offering it for free with...