31 Chinese cities that have economies as big as countries

[AndrewJin]

funny, a false flagger RSS Indian, shamed to show his true origin appears in far east thread

He is a Kongress indian, not a righteous truth-seeking RSSer.

 

[Daniel808]

http://uk.businessinsider.com/china-cities-economies-bigger-than-countries-2017-11

Reuters/Aly Song

• To truly grasp the emergence of China, one approach is to look at the impressive economic footprint made by the country’s cities.
• Dozens of Chinese cities that most people in Western countries have never heard of – yet they each hold millions of people and have an economic output comparable to nations.
• It’s also important to remember that these cities don’t exist in isolation, and are instead cogs in the wheels of larger megaregions.

Gaining perspective on China’s monstrous economy isn’t always the easiest thing to do.

With 1.4 billion people and the third-largest geographical area, the country is a vast place to begin with. Add in explosive economic growth, a market-oriented but Communist government, a longstanding and complex cultural history, and self-inflicted demographic challenges – and understanding China can be even more of a puzzle.

CITY BY CITY
To truly grasp the emergence of China, one approach is to look at the impressive economic footprint made by the country’s cities.




Courtesy of: Visual Capitalist


Of course, cities like Shanghai, Beijing, and Hong Kong are the metro economic powerhouses that most people are familiar with. But have you heard of cities like Shijiazhuang, Wuxi, Changsha, Suzhou, Ningbo, Foshan, or Yantai?

There are literally dozens of Chinese cities that most people in Western countries have never heard of – yet they each hold millions of people and have an economic output comparable to nations.

Here’s a list of 31 of them, the size of their local economy, and a comparably sized national economy:

Visual Capitalist

MEGAREGIONS
It’s also important to remember that these cities don’t exist in isolation, and are instead cogs in the wheels of larger megaregions. Such areas would be comparable to the Northeast U.S., in which New York City, Philadelphia, Boston, Baltimore, and Washington, D.C. are all hours apart and remain largely integrated as a regional economy.

In China, there are three main megaregions worth noting:

Yangtze River Delta
With a combined GDP of $2.17 trillion, which is comparable to India, the Yangtze River Delta contains cities like Shanghai, Suzhou, Hangzhou, Wuxi, Ningbo, and Changzhou.

Pearl River Delta
With a combined GDP of $1.89 trillion, which is comparable to Italy, the Pearl River Delta has cities like Hong Kong, Guangzhou, Shenzhen, Foshan, Dongguan, and Macao.

Beijing-Tianjin
With a combined GDP of $1.14 trillion, which is comparable to Australia, this megaregion holds the two largest cities in northern China, Beijing and Tianjin. The two cities are a 30-minute bullet train ride apart.



Note: After publication, it has been pointed out that GDP figures for the Chinese cities may be GDP (PPP).

In the original source, the tables are listed as “Nominal GDP (2015)”. However, it seems based on the size of the numbers that PPP may be more accurate, and that the source mislabeled their tables.

We have inquired with the source, and will update the graphic accordingly based on the result.

Read the original article on Visual Capitalist. Get rich, visual content on business and investing for free at the Visual Capitalist website, or follow Visual Capitalist on Twitter, Facebook, or LinkedIn for the latest. Copyright 2017. Follow Visual Capitalist on Twitter.

View attachment 435493

Damn ! don't know that Beijing-Tianjin City Economic is much bigger than economy of the whole Australia Continent.

OMG !
This is Crazy

 

[cirr]

Wow, so now you are using the PPP GDP of Chinese cities and comparing it with the nominal GDP of other countries!



Didn't you people hate PPP?
Atleast be fair and compare PPP to PPP and nominal to PPP. And not PPP GDP of China with nominal of others.

Tell me why India went for SNA2008 at the earliest opportunity while China is still dragging its feet on the statistical standard after so many years?

 

[Menthol]

I read India history, especially the life of the commoners, to understand the current situation of India.

The report that saying that ancient India is one of the world biggest economy, equal to China is probably not so true.

Perhaps India have a lot of gems and gold, that push up the number of wealth up. While China lack of it, there were even no gold mine in China. All the gold and silver must be imported.

China have a huge GDP was mainly because of people hardworking to produce everyday goods for the masses.

While India, most to the wealth of gems and gold were concentrated on the small hands of the royal family. While the rest of the population were very poor. The current India situation today, is just a reflection of the past.

In the modern time when production of goods is more important than storing gems in warehouse, China win big over India.

 

[Han Patriot]

Wow, so now you are using the PPP GDP of Chinese cities and comparing it with the nominal GDP of other countries!



Didn't you people hate PPP?
Atleast be fair and compare PPP to PPP and nominal to PPP. And not PPP GDP of China with nominal of others.

I went through the figures, the comparison of cities with countries is using PPP, but the comparison with regions to countries is nominal. Btw, this was published by a UK company.

Use this table for ref:
https://en.wikipedia.org/wiki/List_of_Chinese_administrative_divisions_by_GDP_per_capita

Ex: Yangtze region compared to India.
= jIANGSU + SHANGHAI + ZHEJIANG
= 2.2T

 

[AndrewJin]

Tell me why India went for SNA2008 at the earliest opportunity while China is still dragging its feet on the statistical standard after so many years?

india is using SNA2008 because it complies with PPP.
@Bussard Ramjet

btw, I have never advocated for PPP use for entire country.
But this is on the city/province base, and it is done by non-Chinese.

I only recognise the following statement:
China is adding entire SP2012 every 2-3 or 3-4 years.
Central China is a 2-trillion-dollar economy growing at 7-8% (real growth).
Guangdong+Jiangsu = 2+ trillion economy

 

[leviathan]

China is adding entire India every 2-3 years. Though our chemistry student from Mumbai might have different vedic prediction, such as Bombay will add entire Shanghai economy every one Vedic year.

@Bussard Ramjet

How dear you to say China will adding entire India every 2-3 years!!! India will add a enter china before 2030!!

50:05 China lost the debate, India will be ahead of China in 2030!

 

[Daniel808]

How dear you to say China will adding entire India every 2-3 years!!! India will add a enter china before 2030!!

50:05 China lost the debate, India will be ahead of China in 2030!

But the Graphics don't show that.
The Gap between China and india is getting larger by time

Even this graphic show China vs Indian GDP Nominal in 2010 when China GDP still 6 Trillion USD, meanwhile in this year 2017 China's GDP (12 Trillion USD) already Double their own GDP a couple years ago, and Indian GDP still in the level of 2 Trillion USD

And for note also,
China's GDP is still using old 1993 SNA Standard, but Indian already using 2008 SNA Standard.
If China use 2008 SNA Standard, it will add another 15% to their current GDP (add almost 2 Trillion USD)
That's mean China's Nominal GDP will reach 15 Trillion USD in the next year, if they change to 2008 SNA Standard

 

[TaiShang]

1/4 of USA GDP is crook wall streets moving money around.

Another 1/4 is due to over sized charges, a doctor fix your problem in China charges you $10, but in USA they charge you $1000, yeah, your people is way more productive

***

New Fed Chairman is 'Making Sh*t Up', Lying About US Economy

" ... Jerome “Jay” Powell, ... is Janet Yellen minus testicles, the grayest of gray go-along Fed go-fers, ... a bustling little rodent girdling the trunks of every living shrub on behalf of the asset-stripping business that is private equity ... while subsisting on the rich insect life in the leaf litter below his busy little paws."

James Howard Kunstler


"If you’re going to lie, make sure it’s a whopper."
The author is a prominent American social critic, blogger, and podcaster, and we carry his articles regularly on RI. His writing on Russia-gate has been brilliant.

He is one of the better-known thinkers The New Yorker has dubbed 'The Dystopians' in an excellent 2009 profile, along with the brilliant Dmitry Orlov, another regular contributor to RI (archive). These theorists believe that modern society is headed for a jarring and painful crack-up.

You can find his popular fiction and novels on this subject, here. To get a sense of how entertaining he is, watch this 2004 TED talk about the cruel misery of American urban design - it is one of the most-viewed on TED.


Everybody and his uncle, and his uncle’s mother’s uncle, believes that the stock markets will be zooming to new record highs this week, and probably so, because it is the time of year to fatten up, just as the Thanksgiving turkeys are happily fattening up — prior to their mass slaughter.


President Trump’s new Federal Reserve chair, Jerome “Jay” Powell, “a low interest-rate kind of guy,” was obviously picked because he is Janet Yellen minus testicles, the grayest of gray go-along Fed go-fers, going about his life-long errand-boy duties in the thickets of financial lawyerdom like a bustling little rodent girdling the trunks of every living shrub on behalf of the asset-stripping business that is private equity (eight years with the Deep State-ish Carlyle Group) while subsisting on the rich insect life in the leaf litter below his busy little paws.

Powell’s contribution to the discourse of finance was his famous utterance that the lack of inflation is “kind of a mystery.” Oh, yes, indeed, a riddle wrapped in an enigma inside a mystery dropped in a doggie bag with half a pastrami sandwich. Unless you consider that all the “money” pumped out of the Fed and the world’s other central banks flows through a hose to only two destinations: the bond and stock markets, where this hot-air-like “money” inflates zeppelin-sized bubbles that have no relation to on-the-ground economies where real people have to make things and trade things.

Powell might have gone a bit further and declared contemporary finance itself “a mystery,” because it has been engineered deliberately so by the equivalent of stage magicians devising ever more astounding ruses, deceptions, and mis-directions as they enjoy sure-thing revenue streams their magic tricks generate. This is vulgarly known as “the rich getting richer.” The catch is, they’re getting richer on revenue streams of pure air, and there is a lot of perilous distance between the air they’re suspended in and the hard ground below.

Powell noted that the economy is growing robustly and unemployment is supernaturally low. Like his colleagues and auditors in the investment banking community, he’s just making this shit up. As the late Joseph Goebbels used to say describing his misinformation technique, if you’re going to lie, make sure it’s a whopper.

The economy isn’t growing and can’t grow. The economy is a revenant of something that used to exist, an industrial economy that has rolled over and died and come back as a moldy ghoul feeding on the ghostly memories of itself. Stocks go up because the unprecedented low interest rates established by the Fed allow company CEOs to “lever-up” issuing bonds (i.e. borrow “money” from, cough cough, “investors”) and then use the borrowed “money” to buy back their own stock to raise the share value, so they can justify their companies’ boards-of-directors jacking up their salaries and bonuses — based on the ghost of the idea that higher stock prices represent the creation of more actual things of value (front-end-loaders, pepperoni sticks, oil drilling rigs).

The economy is actually contracting because we can’t afford the energy it takes to run the things we do — mostly just driving around — and unemployment is not historically low, it’s simply mis-represented by not including the tens of millions of people who have dropped out of the work force. And an epic wickedness combined with cowardice drives the old legacy news business to look the other way and concoct its good times “narrative.”

If any of the reporters at The New York Times and The Wall Street Journal really understand the legerdemain at work in these “mysteries” of finance, they’re afraid to say. The companies they work for are dying, like so many other enterprises in the non-financial realm of the used-to-be economy, and they don’t want to be out of paycheck until the lights finally go out.

The “narrative” is firmest before it its falseness is proved by the turn of events, and there are an awful lot of events out there waiting to present, like debutantes dressing for a winter ball. The debt ceiling… North Korea… Mueller… Hillarygate….the state pension funds….That so many agree the USA has entered a permanent plateau of exquisite prosperity is a sure sign of its imminent implosion. What could go wrong?

Source: James Howard Kunstler

 

[AndrewJin]

 

[AndrewJin]

But the Graphics don't show that.
The Gap between China and india is getting larger by time

Even this graphic show China vs Indian GDP Nominal in 2010 when China GDP still 6 Trillion USD, meanwhile in this year 2017 China's GDP (12 Trillion USD) already Double their own GDP a couple years ago, and Indian GDP still in the level of 2 Trillion USD

And for note also,
China's GDP is still using old 1993 SNA Standard, but Indian already using 2008 SNA Standard.
If China use 2008 SNA Standard, it will add another 15% to their current GDP (add almost 2 Trillion USD)
That's mean China's Nominal GDP will reach 15 Trillion USD in the next year, if they change to 2008 SNA Standard

fake chart...