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(17-10-2022, 08:33 AM)sgbuffett Wrote: This is the same structure as Japan in 90s and S.Korea just before Asian crisis.
The main pillars are property, infrastructure and exports.
Property is gone and we are left with 2.
Infrastructure is diminishing returns as more high speed rails, public transport is showing under utilisation.
.
So we are left with one exports. But global economy is slowing. This in itself is not the problem, geopolitical issues is causing west to systematically undo China 's trade to weaken it.
China does not have enough time to ramp up consumers and global economy weakens.
So far the main driving force that prevents the GDP from going negative is urbanisation. This will slow.
Xi said in his speech comjng struggles and challenges.
![[Image: XFcWHfu.jpg]](https://i.imgur.com/XFcWHfu.jpg)
U have data to back up yr theory?
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China: Exports, percent of GDP
For that indicator, we provide data for China from 1960 to 2021. The average value for China during that period was 14.07 percent with a minimum of 2.49 percent in 1970 and a maximum of 36.04 percent in 2006. The latest value from
2021 is 20.01 percent. For comparison, the
world average in 2021 based on 130 countries is 43.35 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Luxembourg : 212.12%
Singapore : 184.84%
Netherlands : 83.6%
Switzerland : 69.94%
Germany : 47.46%
(USA and Japan are mysteriously missing in the list!)
https://www.theglobaleconomy.com/china/e...20of%20GDP&text=The%20latest%20value%20from%202021,130%20countries%20is%2043.35%20percent.
https://www.theglobaleconomy.com/rankings/exports/
(This post was last modified: 17-10-2022, 10:17 AM by
cityhantam.)
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Doubt anyone is worried about China. Except it has major impact on SG lives...Sharing observation / comments should be okay lah...
Under dynasties of China emperors, there were huge swings between periods of prosperity / enlightenment and hardships and failures land eaten by barbarians. Guess these ups and down swing cycles to remain under emperor-ship of XJP and beyond
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(17-10-2022, 10:14 AM)lylcnn Wrote: Doubt anyone is worried about China. Except it has major impact on SG lives...Sharing observation / comments should be okay lah...
Under dynasties of China emperors, there were huge swings between periods of prosperity / enlightenment and hardships and failures land eaten by barbarians. Guess these ups and down swing cycles to remain under emperor-ship of XJP and beyond
Don't know why some like to smear China with LIES, FAKE NEWS, MISINFORMATION/DISINFORMATION?