China GDP growth to fall below 6% by 2020: IMF

[Economic superpower]

what this article fails to mention is that 6% still account for almost a third of global growth

It's a Western propaganda mouthpiece, what else do you expect?

 

[Providence]

Basically it means if someone has to fudge the data, he can pull off only 6% so the numbers don't seem like an outright lie.

 

[TheNoob]

Yet so many Chinese are emigrating, mostly to US. Why is that?

Just the media infestion.
Like how shit looks good in tv and stuff and teens go west just cuz of that.

 

[oprih]

Near 6% growth in 2020 That's seriously amazing for the size of China's economy! I bet some western countries can only dream of achieving such growth.

 

[billyong]

If China can achieve 6% in 2020,it will be a true economy miracle!
Sadly, I feel more like it will be drop around 5%.I hope the paper is true.

 

[ahojunk]

Really？6% GDP growth?
Stupid yanks,you must have been cheated by Chinese propoganda.
Let me tell you the truth:
China have already collasped for many years,all the Chinese economic data is false.

.

For a moment, you sounded like Gordon Chang.

6 percent in 2020 is actually pretty good.

What about the American growth in 2020?

My projection for American growth:

8%

In blacks and Hispanics.

.

You are funny!
Aussie humour perhaps?

 

[Dungeness]

For high IQ Chinese, living in lower IQ countries will always be easier and less pressure. Same why European migrated to Africa or America continents. An average student in Chinese class can be a talent in the US and enter top universities, get a high-paid job, while in China, it will be hard for him to go to the top.

Go to any university in Australia and the percentage of Asians is very very high.

Those students may not even be able to take a shot at any tier-one university in China.

Yet so many Chinese are emigrating, mostly to US. Why is that?

These new immigrates from Chinese are not uprooting, more like they are just buying some vacation properties in countries where properties are cheaper comparing to China. And they are not giving up their Chinese citizenship.

Here are some reasons for emigrating:

1. Less crowed, better water, air;
2. Much easier to send kids to world class universities than in China;
3. Money laundry,
4. Investment on real estates,

They are NOT fleeing from China as you may like to think.

 

[TheTheoryOfMilitaryLogistics]

Basically it means if someone has to fudge the data, he can pull off only 6% so the numbers don't seem like an outright lie.

《The Art of "double standard"》

 

[艹艹艹]

Is China going to collapse?Stupid indians

 

[SBUS-CXK]

For high IQ Chinese, living in lower IQ countries will always be easier and less pressure. Same why European migrated to Africa or America continents. An average student in Chinese class can be a talent in the US and enter top universities, get a high-paid job, while in China, it will be hard for him to go to the top.

You this is the irony?

 

[TheTheoryOfMilitaryLogistics]

You this is the irony?

Exactly right.US is a racist country,It's much harder for Chinese people to go to the top.

 

[SBUS-CXK]

That's pretty impressive, for such a large economy. That means China adds about one Saudi Arabia worth of GDP every year.

Of course their growth will slow down, as they become bigger economically. That's only natural.

I think that related to "industrial 4.0".
The economic slowdown, is to upgrade the pain.

 

[UKBengali]

This is quite good if the IMF forecasts are correct.

All that really matters is the relative growth vis-a-vis the US. Currently China is at 7% and US at 1% and so China is growing at 6% a year faster than the US.

 

[SBUS-CXK]

Yet so many Chinese are emigrating, mostly to US. Why is that?

Hey. The elder brothers, guess what, President Obama's younger brother now live in where?

 

[Mangus Ortus Novem]

China's 'loss' is not going to be subcontinental courntry's aka india gain. Never going to happen.

6% 5% 10% are irrelevant figures...what matters is that China is moving up the value chanin fast.

It means better quality of GDP with particular focus on clean tech and better lives (better environment) for the Chinese citizens.

Besides moving away from labour intensive to technology intensive is becuase of the government planning. The new normal...not as lesser growth...but more as beter growth.

So even if China grows at 5% it still will be adding an india every couple of years or so. Same for japan.

I would say great new normal!