China Economy Forum

[neehar]

china is gonna stay intact..if china falls its gonna hit hard the world economy..and india is no exception..

 

[cirr]

Debt crisis？

What debt crisis？

China has the world‘s highest savings。

95% of Chinese families have negligible debt compared with asset。

China has the world‘s highest foreign exchange reserves。

China's banks are among the ones with the least bad debt，with for example the values of housing loans covered 3-30 times by the values of the properties in question。

All lands are stated-owned in China，the worth of which are （god knows how many） times over the outstanding debt。

 

[cirr]

Canada should give the aid （however tiny it is）to India where every penny goes a long way for the abject poor who are an absolute majority in the country。

 

[Wolfie]

Mods, please ban the OP. He has created multiple threads just for trolling. It's clear he is not here to debate but merely to troll. I've reported him to the administrator to give him a long ban.
Thank you

 

[Wolfie]

Canada should give the aid （however tiny it is）to India where every penny goes a long way for the abject poor who are an absolute majority in the country。

A dollar for an Indian means one Indian gets proper sanitation.

 

[scorpionx]

Strange responses.Do you guys really read the article?

 

[Skull and Bones]

Don't forget we have 3.3 trillion national reserve to save ourselves. That 3.3 trillion can't be fake. Indian got what to save you all?

So you'll use this 3.3 trillion USD foreign reserve to bail out Chinese companies which are on the risk of defaulting because of their own mismanagement?

 

[Srinivas]

Mods, please ban the OP. He has created multiple threads just for trolling. It's clear he is not here to debate but merely to troll. I've reported him to the administrator to give him a long ban.
Thank you

So you'll use this 3.3 trillion USD foreign reserve to bail out Chinese companies which are on the risk of defaulting because of their own mismanagement?

Don't forget nearly half of them are in USA's hands

 

[Chinese-Dragon]

So you'll use this 3.3 trillion USD foreign reserve to bail out Chinese companies which are on the risk of defaulting because of their own mismanagement?

No. If a company has proven they cannot survive or compete, then they will die.

There are countless numbers of others waiting to fill their place.

 

[Anees]

Strange Thing , there is not a single word of India in this article.. This is between Canada and china who had been taking aid still now and going.... Whats India have to do in this ...... I can see some childish comment above ( 18+ ????) ....

 

[PITA]

This has been talked about to death in Canada for a while. Many Canadians feel that China is large and developed and self-sufficient enough that giving aid would be a waste because Canada has her own financial issues to deal with.

 

[Skull and Bones]

No. If a company has proven they cannot survive or compete, then they will die.

There are countless numbers of others waiting to fill their place.

Exactly, the main reason for domestic debt crisis is accumulation of bad wealth, it's for the betterment of the economy to let those mismanaged entities die off.

Japan tried saving such non performing entities in the the time of Asian crisis, and see the result. Where is Sharp, Panasonic, and other's now. Protectionism breeds impotency, nothing else.

 

[Beast]

Exactly, the main reason for domestic debt crisis is accumulation of bad wealth, it's for the betterment of the economy to let those mismanaged entities die off.

Japan tried saving such non performing entities in the the time of Asian crisis, and see the result. Where is Sharp, Panasonic, and other's now. Protectionism breeds impotency, nothing else.

The problem is state owned company in crisis will not died as long as Chinese government has the money. They are critical.

For example, in India, the highly inefficient DRDO will died off if India government ran out of money or reserve to save her

 

[Skull and Bones]

Don't forget nearly half of them are in USA's hands

Shareholding has little to do with the management, unless they're the majority share holder.

The problem is state owned company in crisis will not died as long as Chinese government has the money. They are critical.

For example, in India, the highly inefficient DRDO will died off if India government ran out of money or reserve to save her

Take DRDO as a domestic research institute, they even make medicines and detection kit for diseases like bird flue, which are exported to many countries.

 

[Beast]

Shareholding has little to do with the management, unless they're the majority share holder.



Take DRDO as a domestic research institute, they even make medicines and detection kit for diseases like bird flue, which are exported to many countries.

They also scam many of the Indian Government money and still survive...