[quote=FlyerInHi]Lets say you start at 100 at the beginning of year. End of year, at 6.5%, you will have 106.5, or 101.6 at 1.6%. The lies must get bigger and bigger over time to keep up the prior lies.
If China has been lying about economic data for decades, then it really is a paper tiger and will collapse anytime. You must have read Gordon Chang’s book. He’s a frequent commentator on Fox. Everytime i watch a Fox segment on China, I want to ask them how a corrupt, inefficient and collapsing state be a threat to the USA?
Martin Jacques says that after 40 years, we are only at the beginning of China’s transformation; and that the idea of modernity will increasingly be China.
Sometimes I meet people visiting the USA for the first time. There are surprised at how low tech we are especially in our infrastructure and urban architecture.[/quote]
You are falling back to typical talking points by just blaming Opinions opposed to you as Faux News based, or based on commentators that’s Fox News based.
The person that mentioned creative messaging of gdp figures is Kevin Rudd, is he a Fox News contributor? Btw, Rudd also mentioned China itself identified 10 major vital economic reform measures several years ago, 2/10 is the report card on that one…
The source of Taiwanese news report of 1.6% growth and likely negative growth is from an prominent economic professor from the Chinese People’s University. The guy’s lecture online got pulled by China within a day, but went viral in Taiwan.
You were right about China, it was moving in the right direction, then Xi took over and everything started going in the other direction.
Like I said before, when a government bring a country to the lowest of the low, a fast rebound for a few decades is easy. But then if there is no standardized rule of law and general corruption at all level of government, growth can not continue on pace. Was there an attempt to keep the growth going? Of course, that’s why the massive debt driven growth over the last several years. That’s the making of a bubble.
Is China a paper tiger? China is essentially 5 new Asian Tigers standing on top of each other in a Dinosaur custom scaring everyone in sight. The prior Asian Tigers all liberalized at the same growth point, but the 5 new Asian Tigers are trapped in the dinosaur custom and glued to each other and managed by an all powerful Winnie the Pooh. That’s the problem.
