China is the world's largest economy in GDP Nominal not just GDP PPP or Not yet? Or in a Couple of Years?

[VCheng]

Afterall you are living in a land of freedom, are you not?

So are you in Canada. Try that freedom of expression in China, and see how far you get.

(Having said that, violating PDF rules in this manner only shows your standards, or rather the lack thereof.)

 

[MultaniGuy]

And what has that log on your shoulder to do with the topic in this thread? Belittling soldiers of any country for doing their duty is a violation of PDF rules, and just shows what a lowlife you really are.



As I said, you would be entertaining, if you were not such a lowlife.

Those soldiers, they are bastards

So are you in Canada. Try that freedom of expression in China, and see how far you get.

(Having said that, violating PDF rules in this manner only shows your standards, or rather the lack thereof.)

I do not need lectures from you, you moron.

And those bastard imperial soldiers got their deserved punishment.

 

[VCheng]

And those bastard imperial soldiers got their deserved punishment.

What about the soldiers in the Rehabilitation Units in Rawalpindi? Do they deserve that too?

 

[MultaniGuy]

Think about it this way:



Really?

China produces and consumes a LOT more physical items like cars and steel.

View attachment 891855
View attachment 891856

So think about this in real terms. Gross domestic produce is what a country produces.

If you produce things that doesn't have a lot of tangible input like steel, wood or concrete then what are you really producing?

Songs? Financial "instruments" like mortage derivatives? Sexy videos?

You can assign very high value to these intangible and they might be worth it in the US but what real power do they show against the real world?

Is a $100M worth of Wall Street and Hollywood ethereal "property" in the US greater power than a $50M steel container ship made in China?

Seriously, how can the US "produce" more than China when it uses 10 times less steel? It produce dreams and schemes not the real world, hard edge stuff that China produces.

If push comes to shove, the US economy has a handful of air versus what China pumps out every day from ships to cars to laptops to everything that makes roads, ports and rails.

Bro, you are right in a sense.

But the strength of an economy is measured in GDP Nominal.

What about the soldiers in the Rehabilitation Units in Rawalpindi? Do they deserve that too?

Whatever happened to freedom of speech and expression?

 

[VCheng]

Whatever happened to freedom of speech and expression?

Whatever happened to following PDF rules and respecting all soldiers who do their assigned duties?

 

[MultaniGuy]

Whatever happened to following PDF rules and respecting all soldiers who do their assigned duties?

And who are you? Are you a moderator or an administrator? Don't lecture me about freedom of speech and freedom of expression you moron.
Especially coming from an American.

 

[VCheng]

And who are you? Are you a moderator or an administrator? Don't lecture me about freedom of speech and freedom of expression you moron.
Especially coming from an American.

It is entertaining to watch you demonstrate repeatedly just how much of a lowlife you are.

(And those mods that allow you to do so are no better.)

 

[Mista]

View attachment 892241


The picture you show also tells you that "居民自由住房服务" is equivalent to "virtual rent", not "real estate".
However, the "virtual rent" calculated by cost depreciation in China is far lower than that calculated by market price in the United States.

Dude, the imputed rental cost has already included those costs because they are already borne by the owner.

https://thedocs.worldbank.org/en/doc/309521487262215444-0050022017/original/03.03ICPTAG03GuidelinesN.pdf

Just admit the fact that the US has larger nominal GDP currently instead of arguing the veracity of data.
I provide US's data, you say fluff, I provide China's data, you say NBS numbers are understated. 嘴硬到可笑的地步.
You, a keyboard warrior who likely didn't even study economics in school, know better than all of the departments involved? They should hire you instead lmao.

If their GDP is all fluff, how do you explain their much higher per capita disposable income (>10x) of China's when their nominal GDP per capita is only 5-6x of China's? You gonna say China's data is understated? Or US data is overstated?

http://www.stats.gov.cn/english/PressRelease/202201/t20220118_1826649.html

BEIJING — China's per capita disposable income stood at 35,128 yuan (about $5,523) in 2021, up 9.1 percent year-on-year in nominal terms, data from the National Bureau of Statistics showed on Jan 17.

China's resident nominal disposable income up 9.1% in 2021

China's per capita disposable income stood at 35,128 yuan (about $5,523) in 2021, up 9.1 percent year-on-year in nominal terms, data from the National Bureau of Statistics showed on Jan 17.

english.www.gov.cn

Disposable personal income: Per capita

Graph and download economic data for Disposable personal income: Per capita (A229RC0A052NBEA) from 1929 to 2023 about disposable, personal income, per capita, personal, income, GDP, and USA.

fred.stlouisfed.org

 

[GiantPanda]

Dude, the imputed rental cost has already included those costs because they are already borne by the owner.

View attachment 892279
View attachment 892280

View attachment 892275

https://thedocs.worldbank.org/en/doc/309521487262215444-0050022017/original/03.03ICPTAG03GuidelinesN.pdf

Just admit the fact that the US has larger nominal GDP currently instead of arguing the veracity of data. If their GDP is all fluff, how do you explain their much higher disposable income (>5x) of China's?

How do you explain the far higher production of industrial goods and far higher consumption of raw material by China?

 

[MultaniGuy]

It is entertaining to watch you demonstrate repeatedly just how much of a lowlife you are.

(And those mods that allow you to do so are no better.)

And its interesting to watch that you are a hypocrite and also an idiot as well.

Who are you to tell me, you are not a moderator or an administrator. Bug off!

 

[VCheng]

And its interesting to watch that you are a hypocrite and also an idiot as well.

Who are you to tell me, you are not a moderator or an administrator. Bug off!

So did you get your proof that China has the biggest economy?

 

[MultaniGuy]

So did you get your proof that China has the biggest economy?

Based on what I heard. I have no proof that China is the largest in GDP Nominal.

 

[VCheng]

Based on what I heard. I have no proof that China is the largest in GDP Nominal.

Did that not happen already in 2018?

 

[MultaniGuy]

Did that not happen already in 2018?

IN GDP PPP China is the world's largest economy.

But in GDP Nominal, not yet, but maybe in a couple years.

 

[VCheng]

IN GDP PPP China is the world's largest economy.

But in GDP Nominal, not yet, but maybe in a couple years.

Congratulations are in order then!