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How Many Times did China's Economy Collapse in the Past 17 Years?

China's been propping its economy up using debt. If China did not have the ability to take in obscene amounts of debt, the economy would have gone into a recession long ago.

It takes $7 worth of debt to add $1 to the GDP in China today.

I would love to see how long this "boom" will last.
 
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Maybe an American recession comes first. I guess Trump has a pile of cash sitting at the sideline because the stock market is too high. He cannot wait any longer so he purposely generates a stock market crash by initiating a trade war.
 
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China's economy collapsed at least 17 times, according to the Western media. But, considering how the Western media adopts the classical Nazi propaganda tactic of repeating via multiple channels, China's economy has probably collapsed +/-1700 times over the past 17 years.

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I am happy for the West for the Western state-embedded press.
Now they applying same tactics against Pakistan
 
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It will last longer than your wasted life, full of pettiness and jealousy, will.

It's got nothing to do with pettiness and jealousy. If you screw up, you will take down a lot of economies with you. The incompetence of your leadership will only create another global recession.

China was supposed to continue to have high growth at least until 2020. Your leaders have screwed that all up. Instead of bringing about reforms, they decided to take the easier way out and simply borrow money instead. All your leaders are doing is waiting for the next crisis to hit and then they will blame everything on the crisis.

I have a long life ahead of me. The fact that you believe you will live on debt for as long as I live will only force you to bring out a begging bowl in the end.
 
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It's got nothing to do with pettiness and jealousy. If you screw up, you will take down a lot of economies with you. The incompetence of your leadership will only create another global recession.

China was supposed to continue to have high growth at least until 2020. Your leaders have screwed that all up. Instead of bringing about reforms, they decided to take the easier way out and simply borrow money instead. All your leaders are doing is waiting for the next crisis to hit and then they will blame everything on the crisis.

I have a long life ahead of me. The fact that you believe you will live on debt for as long as I live will only force you to bring out a begging bowl in the end.
"China was supposed to continue to have high growth at least until 2020." India and its "democracy" was supposed to be the West's shining star and exemplar of the developing world, leaving China in the dust. Too bad, eh? FYI, China's growth is still remarkably high - it's among the highest in the world and because of its size, it adds an India every two years. India won't catch up for centuries.

"Bring out the begging bowl"? To whom does China owe money? Itself. Your country will never have that kind of power, where it can easily finance all of its own economic growth and development. It's you who needs to bring out the begging bowl for foreigners to take pity on you and give you their table scraps.

I do hope you live a long life - I sincerely do - and that life is not cut short by any of the innumerable crimes and atrocities that occur in India every day; although you might be one of the Indian elite (perhaps the son of someone like that diamond swindler who stole the life savings of poor Indian depositors and bolted to Dubai) who doesn't have to worry about those sorts of things. If so, you should know that your lifestyle is far from representative of India's economic state and prospects.

For that long life you should hopefully lead to be a happy one, make your peace with the fact that China will be the richest, most technologically advanced, and most militarily powerful state the world has ever known. Else you shall go to your grave a miserable and bitter old man.
 
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It's got nothing to do with pettiness and jealousy. If you screw up, you will take down a lot of economies with you. The incompetence of your leadership will only create another global recession.

China was supposed to continue to have high growth at least until 2020. Your leaders have screwed that all up. Instead of bringing about reforms, they decided to take the easier way out and simply borrow money instead. All your leaders are doing is waiting for the next crisis to hit and then they will blame everything on the crisis.

I have a long life ahead of me. The fact that you believe you will live on debt for as long as I live will only force you to bring out a begging bowl in the end.

Incredible India!

Indians are incredible.

Incredibly stupid.

(some, not all.)
 
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China second in 2017’s global patent applications

By Xie Zhenqi
2018-03-22

f7f9c928-129b-472b-a0db-3ac50844ab05.jpg



The number of applications for domestic and international patents the Chinese State Intellectual Property Office (SIPO) had processed in 2016 had already ranked first in the world, 90 percent of which domestic and 10 percent overseas, respectively.

The WIPO pointed out that countries including China, the US and Japan show outstanding performances last year in the use of WIPO’s intellectual property services for patents, trademarks and industrial designs, which began operations 40 years ago.

Patent applications filed via filed under WIPO’s Patent Cooperation Treaty (PCT) enable inventors to seek protections for their intellectual property rights in most countries, but that is all it offers – the actual granting of patents depends on each nation’s own intellectual property authority.

The growth rate of China’s international patent applications has been consistently exceeding more than 10 percent annually since 2003, and the number of applications Chinese companies and individuals submitted last year totaled 48,882, a 13.4-percent rise compared to 2016. It was also the only country that achieved a two-digit increase.

China has therefore replaced Japan to become the second largest source of international patent applications, which stood third with 48,208. The US is still the top, with 56,624 PCT applications.

da11b3a4-df1d-44e5-b35e-237becbdfd60.jpg

International applications filed under the Patent Cooperation Treaty (PCT) /WIPO Photo

“This rapid rise in Chinese use of the international patent system shows that innovators there are increasingly looking outward, seeking to spread their original ideas into new markets as the Chinese economy continues its rapid transformation,” said Francis Gurry, WIPO’s director general.

In addition, the number of international patent applications on an aggregate level worldwide has boosted 4.5 percent from the preceding year to reach 243,500, a historical high mainly seen being driven by strong growth from China and Japan.

"This is part of a larger shift in the geography of innovation, with half of all international patent applications now originating in East Asia," Gurry added.

The WIPO maintains that the number of international patents remains an important indicator for the capabilities of corporations and educational institutions as well as the degree of globalization.

Two China-based telecoms companies – Huawei Technologies and ZTE – led the filers of international patent applications in 2017, followed by Intel, Mitsubishi and Qualcomm. They were also the top publishers in 2016’s report.

However, China falls behind the US and South Korea in terms of patent applications filed by educational institutions, with seven of the top 10 from the US, including University of California and Massachusetts Institute of Technology. The rest of the three spots belong to South Korean universities.

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I do not see Freedom 251 in top patent filers @ZeEa5KPul .
 
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"China was supposed to continue to have high growth at least until 2020." India and its "democracy" was supposed to be the West's shining star and exemplar of the developing world, leaving China in the dust. Too bad, eh? FYI, China's growth is still remarkably high - it's among the highest in the world and because of its size, it adds an India every two years. India won't catch up for centuries.

"Bring out the begging bowl"? To whom does China owe money? Itself. Your country will never have that kind of power, where it can easily finance all of its own economic growth and development. It's you who needs to bring out the begging bowl for foreigners to take pity on you and give you their table scraps.

I do hope you live a long life - I sincerely do - and that life is not cut short by any of the innumerable crimes and atrocities that occur in India every day; although you might be one of the Indian elite (perhaps the son of someone like that diamond swindler who stole the life savings of poor Indian depositors and bolted to Dubai) who doesn't have to worry about those sorts of things. If so, you should know that your lifestyle is far from representative of India's economic state and prospects.

For that long life you should hopefully lead to be a happy one, make your peace with the fact that China will be the richest, most technologically advanced, and most militarily powerful state the world has ever known. Else you shall go to your grave a miserable and bitter old man.

Table scraps? :lol:

Chinese economy was entirely dependent on foreigners buying Chinese-made goods.

So you got the opposite there.
 
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Table scraps? :lol:

Chinese economy was entirely dependent on foreigners buying Chinese-made goods.

So you got the opposite there.
No, Chinese economy is entirely dependent on Chinese making competitive products/services that people, including foreigners, want to buy. Foreigners buy Chinese-made goods not out of their charity, but for their own interests.
 
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No, Chinese economy is entirely dependent on Chinese making competitive products/services that people, including foreigners, want to buy. Foreigners buy Chinese-made goods not out of their charity, but for their own interests.

When people make financial transactions, it is for their own interests.

India's economy is over 70% consumption driven while China's is not, only a little over 50%.
 
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When people make financial transactions, it is for their own interests.

India's economy is over 70% consumption driven while China's is not, only a little over 50%.
All economy is consumption driven. Whatever is made is meant to be consumed.
 
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