Local governments inflated China’s GDP by $900 billion last year

[Psyops]

None of this proves that chinese estimates are accurate. you cannot prove your government's honesty by comparing some random figures with another country.

It is a known fact that due to the pressure to perform or show some number relative to other competitors, Chinese officials often cook these figures up. But even after adjusting these fallacies, China's massive growth and development cannot be denied.

If our stats are inaccurate you can bet Indian stats are 10 times worse. The level of corruption in India is like nowhere else.

 

[Truth Finder]

If our stats are inaccurate you can bet Indian stats are 10 times worse. The level of corruption in India is like nowhere else.

We are not greater than you in this particular case.

By the way, WHY NYT WAS CENSORED IN CHINA A FEW MONTHS AGO??? WHAT IT WROTE ON YOUR EX-PRESIDENT???

 

[q12093487q]

None of this proves that chinese estimates are accurate. you cannot prove your government's honesty by comparing some random figures with another country.

It is a known fact that due to the pressure to perform or show some number relative to other competitors, Chinese officials often cook these figures up. But even after adjusting these fallacies, China's massive growth and development cannot be denied.

Explain to me how can you fake your export, import and foreign exchange reserve since other coutries can track your numbers
Explain to me how can you fake your car and ship sales since many global companies have there own numbers too

 

[q12093487q]

This is the most ignorant thread I have ever seen since all coutries in the world including india，their local government‘s total GDP is all larger than their centre government’s GDP due to double inter-provincial trade counting

 

[nastikan]

Explain to me how can you fake your export, import and foreign exchange reserve since other coutries can check your number too
Explain to me how can you fake your car and ship sales since many global companies have there own number too

Cooking up numbers for fake pride and rewards are done by local authorities . They do it where ever they can. In general, communist countries do a lot of things for pride and grandure which the rest of the world doesn't.

 

[q12093487q]

Cooking up numbers for fake pride and rewards are done by local authorities . They do it where ever they can. In general, communist countries do a lot of things for pride and grandure which the rest of the world doesn't.

I can tell you if local authorities are faking numbers they will just make it look smaller not bigger because that could make you hand over less revenues to the centre government，no local government would stupid enough to make their GDP look bigger if they can't hand over enough revenues to centre government，that would be suicide

You know china have death penalty，do you？

 

[Hellraiser007]

I can tell you if local authorities are faking numbers they will just make it look smaller not bigger because that could make you hand over less revenues to the centre government，no local government would stupid enough to make their GDP look bigger if they can't hand over enough revenues to centre government，that would be suicide

You know china have death penalty，do you？

They are showing the infrastructure and other projects like ghost towns as their growth rates. They local authorities have their own reasons like promotions, target value set for them.
Some of the poor provinces are set a target growth of 12 to 13 %, they cannot achieve that and they show the infrastructure projects and other cooked up stats as GDP rate.
Once that is done they have to do it yoy and they are doing it for decades.

 

[q12093487q]

They are showing the infrastructure and other projects like ghost towns as their growth rates. They local authorities have their own reasons like promotions, target value set for them.
Some of the poor provinces are set a target growth of 12 to 13 %, they cannot achieve that and they show the infrastructure projects and other cooked up stats as GDP rate.
Once that is done they have to do it yoy and they are doing it for decades.

Your ignorant about economy make me surprise.
First,Ghost cities don't create any GDP at all if nobody lives in there,I have said this to different people thousand times
Second , The ghost cities do exist but not a single one can exist more than 5 years,you can come to china to see by yourself
Third,if the growth of revenues can fit their GDP growth that would be no problem,if not you will be in big trouble.Nobody would dare to do that

 

[AADHAAR]

Your ignorant about economy make me surprise.
First,Ghost cities don't create any GDP at all if nobody lives in there,I have said this to different people thousand times
Second , The ghost cities do exist but not a single one can exist more than 5 years,you can come to china to see by yourself
Third,if the growth of revenues can fit their GDP growth that would be no problem,if not you will be in big trouble.Nobody would dare to do that

Okay.. can you update us on this - the largest mall in the world, on the basis of gross leasable area:

New South China Mall - Wikipedia, the free encyclopedia

Opening Date: 2005

Now, its 2013.

In which year, is it due to to be bulldozed.. so that something new can be built in its place? - 2015? 2020?

 

[q12093487q]

Okay.. can you update us on this - the largest mall in the world, on the basis of gross leasable area:

New South China Mall - Wikipedia, the free encyclopedia

Opening Date: 2005



Now, its 2013.

In which year, is it due to to be bulldozed.. so that something new can be built in its place? - 2015? 2020?

New South China Mall was bought by a new company in 2010 to redecoration and has not yet opened so I don't have any new information

It failed due to its ridiculous location which is too far away from the city center .Try any other shopping malls in china，they are crowd as hell

By the way,it’s a ghost building not a ghost city

Edit：my mistake ，it opened last year and it’s getting crowd
[video]http://v.youku.com/v_show/id_XNDg2MjM1OTgw.html[/video]

 

[Matrixx]

must be a pain to be an indian, looked down by everyone, a sh1t hole of legacy

guess recent hardship from indian society and inflated economy really gives those inferior Indians a good ride on emotion roller coaster, so by mocking the superior neighbour will do good for them

I can see how your hole is emitting fire like your ugly dragon..

 

[q12093487q]

Okay.. can you update us on this - the largest mall in the world, on the basis of gross leasable area:

New South China Mall - Wikipedia, the free encyclopedia

Opening Date: 2005

Now, its 2013.

In which year, is it due to to be bulldozed.. so that something new can be built in its place? - 2015? 2020?

Sorry，my mistake.It opened last year，this is a video of New South China Mall filmed in last year Look at it，people are playing a rotating wheel.you think it‘s still a ghost mall？
[video]http://v.youku.com/v_show/id_XNDg2MjM1OTgw.html[/video]
and watch this
[video]http://v.youku.com/v_show/id_XMzA5NDU5ODQ=.html[/video]

 

[Hellraiser007]

Your ignorant about economy make me surprise.
First,Ghost cities don't create any GDP at all if nobody lives in there,I have said this to different people thousand times
Second , The ghost cities do exist but not a single one can exist more than 5 years,you can come to china to see by yourself
Third,if the growth of revenues can fit their GDP growth that would be no problem,if not you will be in big trouble.Nobody would dare to do that

You have no idea what you are talking about, people build the infrastructure and inflate the prices and show it as GDP growth rate. When the returns are stop coming out of the spent money the bubble is going to burst and as a result the cash flow become stringent, which is what happened in USA and happening now in China.

The worse thing about China is the credit is a shadow credit and no body knows how much they borrowed and where they have spent.

The ghost towns or mall built and left for 5 or more years will make the capital useless and this comes to a huge wastage. On one side they thing GDP rate is high and on the other they are in losses.

 

[q12093487q]

You have no idea what you are talking about, people build the infrastructure and inflate the prices and show it as GDP growth rate. When the returns are stop coming out of the spent money the bubble is going to burst and as a result the cash flow become stringent, which is what happened in USA and happening now in China.

The worse thing about China is the credit is a shadow credit and no body knows how much they borrowed and where they have spent.

The ghost towns or mall built and left for 5 or more years will make the capital useless and this comes to a huge wastage. On one side they thing GDP rate is high and on the other they are in losses.

No words for you .You don't even know what GDP is and how GDP is calculated.I repeat ,zero added to GDP when a house is empty.Only when the house is sold or rented then it create GDP.

Educate yourself first,then talk to me

By the way ,no ghost city can exist more than 5 years when a country's half population is still peasant and every year ten millions of them become citizen

 

[HongWu]

New South China Mall was bought by a new company in 2010 to redecoration and has not yet opened so I don't have any new information

It failed due to its ridiculous location which is too far away from the city center .Try any other shopping malls in china，it's crowd as hell

By the way,it’s a ghost building not a ghost city

Edit：my mistake ，it opened last year and it’s getting crowd
[video]http://v.youku.com/v_show/id_XNDg2MjM1OTgw.html[/video]

Indians are wondering why in China there are no wild animals, beggers and cows wandering around with defecation everywhere on the ground just like in India. Showing them the videos only makes them more jealous

By the way, you can link directly to Youku:

[YOUKU]XNDg2MjM1OTgw[/YOUKU]