tranquilium
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That doesn't matter, though.
Even, the chinese themselves have stopped caring about what their own govt says.
Recall a russian joke (..err.. a soviet one actually): "we pretend to do the work, and they pretend to pay us the money".
Let's milk them, so far as the things are going well.
Sigh...this again. If you can't beat them with data, blame the reliability. Okay, let's talk reliability. Here is something from US Federal Reserve, one of the strongest force behind global economy:
Federal Reserve Bank San Francisco | On the Reliability of Chinese Output Figures, Research, China, Economic Growth, GDP, Gross Domestic Product, Chinese Economy
Never claimed i was an economics guru, but it's pretty straightforward math. Until you add Chinese economics and cooking of the books ofcourse. Anything is possible then.
Real growth rate is the GDP increase after inflation is removed. For example, an economy was $100 previously and it grew to $105 with an inflation rate of 5%, then the real growth rate will be 0% because the increment in the economy is entirely inflation. When the Chinese GDP growth is mentioned, it is pretty always spoken in real growth rate, because that is the rate that measure how far the economy actually progressed.
ain't 1 month enough? would be glad to buy a new mobile every month.
lol u made my day. about 30% of yer GDP is contributed by foreign companies (revenue stands at US$ 3 trillion in 2011), i.e. nothing to do with yer ppl.
Where did you get that statistic? The total FDI in China is 253 billion USD in 2012 and 116.0 billion USD in 2011. For FDI to produce a 3 trillion revenue in 2011 will require a return rate of almost 3000%, not even drugs dealing is THAT profitable.
https://www.uschina.org/statistics/fdi_cumulative.html
http://www.oecd.org/daf/inv/FDI in figures.pdf
A (not) funny thing just happened in the past few days. Mr. George Soros has returned and stock market are beginning to look like 97 financial crisis 2.0. I am wondering what is going to happen this time around.