China in crisis?

heylouis

Ad Honorem
Apr 2013
6,397
China
Has China done this in the past or is it a recent development?
Santa gets pushed out of Christmas as China's leaders emphasise tradition

Australia is a predominantly Christian country but we permit traditions and celebrations from other cultures such as Ramadan and Chinese New Year.
how chinese-west information imbalance was created?

chinese
Officials in Hengyang, a city in Hunan province, said in a December 19 notice posted on an official government social media account that anyone caught holding Christmas sales or celebrations that blocked the streets would be punished.
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west

Officials in Hengyang, a city in Hunan province, said in a December 19 notice posted on an official government social media account that anyone caught holding Christmas sales or celebrations that blocked the streets would be punished.
 
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VHS

Ad Honorem
Dec 2015
4,311
Brassicaland
Christmas celebration is a relatively trivial thing.
We have more important conflicts at stake, such as pollution, stressful and unhealthy lifestyles.
 

heylouis

Ad Honorem
Apr 2013
6,397
China
This article in the Economist shows that the Chinese productivity is now falling and that the rate of economic growth is slowing (though, of course, China is still getting richer).
The lives of the parties
(May have to subscribe to read full article).
the article is not seriously talking about economy, but drawing some weird conclusions based on "At 69, the People’s Republic of China seems destined for world domination. " and "China’s development followed the Soviet path"

yet, it has (intentionally) ignored the fact that, the chinese government already set a lowered GDP growth rate before anyone had made a prediction of china's 2018's GDP growth.

it was 6.5% according to government aims.
as already discussed in March in people's congress (which in fact had been reported also by western medias), the aim was set so based on aims to significantly reduce the energy consumption/GDP ratio, the pollution/GDP ratio and other aspects alike, which are expected to reduce the GDP growth.

if china purly pursues a high GDP growth, the growth rate could be higher (with less improvement on aspects like carbon release)

from western reports, the real data is larger than 6.5%, that means the china's economy in fact did better than government aim in March.
China GDP Annual Growth Rate | 2018 | Data | Chart | Calendar | Forecast

note that result is obtained in the context of a trade war as opened on the US side, which scale cannot be foreseen in March.

that is on the slowed GDP data.

then, it is known soviet union focused a lot on heavy industries and primitive energy resources.
however, china's products are completely different. they are more on consumptions that a market needs, and processing of raw materials.
even poor as me on economy could differ the difference.

the growth rate of any nation is wave shape like with respect to time evolution. it is ridiculous to claim a potential collapse of china just based on a slowed GDP growth. narrowing the time window, same "predictions" could be made for any nation. sure, the "predictions" are not expected to work at all.

that means the whole "prediction" just repeated one of those theories china would collapse, based on nothing solid.

the article claims that growth is obtained by "boost productivity" "Home-grown innovation", while the former in china is only a "mimicking advanced economies", while the later in china is only "is hamstrung by policies ".

indeed, to grow, one either makes productions more efficiently, or create something never seen. however, the former needs no mimicking. any nation must improve the productivity firstly.
while the later.....well, the Huawei company is one largest private companies in china, and it is the only company in the whole world which provides the whole chain products of 5G. it appears to be hamstrung by (western) policies
 
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VHS

Ad Honorem
Dec 2015
4,311
Brassicaland
the article is not seriously talking about economy, but drawing some weird conclusions based on "At 69, the People’s Republic of China seems destined for world domination. " and "China’s development followed the Soviet path"

yet, it has (intentionally) ignored the fact that, the chinese government already set a lowered GDP growth rate before anyone had made a prediction of china's 2018's GDP growth.

it was 6.5% according to government aims.
as already discussed in March in people's congress (which in fact had been reported also by western medias), the aim was set so based on aims to significantly reduce the energy consumption/GDP ratio, the pollution/GDP ratio and other aspects alike, which are expected to reduce the GDP growth.

if china purly pursues a high GDP growth, the growth rate could be higher (with less improvement on aspects like carbon release)

from western reports, the real data is larger than 6.5%, that means the china's economy in fact did better than government aim in March.
China GDP Annual Growth Rate | 2018 | Data | Chart | Calendar | Forecast

note that result is obtained in the context of a trade war as opened on the US side, which scale cannot be foreseen in March.

that is on the slowed GDP data.

then, it is known soviet union focused a lot on heavy industries and primitive energy resources.
however, china's products are completely different. they are more on consumptions that a market needs, and processing of raw materials.
even poor as me on economy could differ the difference.

the growth rate of any nation is wave shape like with respect to time evolution. it is ridiculous to claim a potential collapse of china just based on a slowed GDP growth. narrowing the time window, same "predictions" could be made for any nation. sure, the "predictions" are not expected to work at all.

that means the whole "prediction" just repeated one of those theories china would collapse, based on nothing solid.

the article claims that growth is obtained by "boost productivity" "Home-grown innovation", while the former in china is only a "mimicking advanced economies", while the later in china is only "is hamstrung by policies ".

indeed, to grow, one either makes productions more efficiently, or create something never seen. however, the former needs no mimicking. any nation must improve the productivity firstly.
while the later.....well, the Huawei company is one largest private companies in china, and it is the only company in the whole world which provides the whole chain products of 5G. it appears to be hamstrung by (western) policies
Should we discuss the general well-being of average Chinese citizens?
Who is grasping the great benefits from economic growth?
What should be done about people leaving behind?
 

sparky

Ad Honorem
Jan 2017
4,130
Sydney
One of my many quirk is watching foreign news on our SBS channel .
it's quite interesting to guess the news content , the importance given to this or that , without understanding most of the commentary
I've been watching the China news ,
when there is some disaster I have been struck with the improvment in people clothing ,
emergency service better equipment and communication , shops display ,
all those things are a absolute signs that the standard of personal consumption has risen considerably
even in remote provinces
 

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