+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: WOW...Chinese GDP per capital is now richer than M'sian. (/Thread-WOW-Chinese-GDP-per-capital-is-now-richer-than-M-sian)
WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 25-06-2025
I am a bit surprised...
RE: WOW...Chinese GDP per capital is now richer than M'sian. - sgbuffett - 25-06-2025
China finally surpassed Malaysia but its economic growth of last few years.slowed to around 5%.
Malaysia grew at 5.1% in 2024 faster than China.
So dont expect China to run too far ahead of Malaysia.
..likely both countries per capita income will be roughly the same in coming yrs.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Levin - 25-06-2025
Wow, I know that they are are about the same a few years back at 10k+ per capita. I think it has more to do with Malaysia having negative growth in at least one year since.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - lylcnn - 25-06-2025
Wow indeed...at PPP, it's even more higher than MY
RE: WOW...Chinese GDP per capital is now richer than M'sian. - cityhantam - 25-06-2025
(25-06-2025, 06:12 PM)sgbuffett Wrote: China finally surpassed Malaysia but its economic growth of last few years.slowed to around 5%.
Malaysia grew at 5.1% in 2024 faster than China.
So dont expect China to run too far ahead of Malaysia.
..likely both countries per capita income will be roughly the same in coming yrs.
Malaysia's population growth rate is much higher than China.
So, even if nominal GDP of both countries grow at the same rate, Malaysia's per capita GDP will still fall further behind China.
Quote:Malaysia's population is estimated to have grown by 1.9% in 2024,.
China's population growth rate is currently negative. Specifically, it is estimated to be around -0.10%.
.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - revealer - 25-06-2025
Should also look at gdp per capital ppp. This is the real income and purchasing comparison of its citizens. GDP per capital includes all infrastructures and buildings which China invested heavily in recent years and many of which gone wasted resulting ghost cities. They r dumping money to get GDP.
![[Image: IMG-7521.png]](https://i.postimg.cc/6qgkRXXX/IMG-7521.png)
RE: WOW...Chinese GDP per capital is now richer than M'sian. - revealer - 25-06-2025
KL has one thing many pple criticised is the poor urban planning
https://vt.tiktok.com/ZSkEEh6T1/
RE: WOW...Chinese GDP per capital is now richer than M'sian. - revealer - 25-06-2025
https://vt.tiktok.com/ZSkEs8qcf/
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Niubee - 25-06-2025
(25-06-2025, 07:49 PM)revealer Wrote: https://vt.tiktok.com/ZSkEs8qcf/
Aiya everyday sour grapes
RE: WOW...Chinese GDP per capital is now richer than M'sian. - WhatDoYouThink! - 25-06-2025
Doesn't matter lah. As long as you are doing better than them, you win already
RE: WOW...Chinese GDP per capital is now richer than M'sian. - watchfirst9 - 25-06-2025
Cn start to build more plane, complex chips, software etc,
by doing more value stuff, no reason cannot surpass My.
They will continue move up the ladder
RE: WOW...Chinese GDP per capital is now richer than M'sian. - revealer - 25-06-2025
China real estate crisis erased 18 Trillion of wealth in China. This amount was never reflected in GDP
https://www.binance.com/en/square/post/25988416822954
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 26-06-2025
(25-06-2025, 06:12 PM)sgbuffett Wrote: China finally surpassed Malaysia but its economic growth of last few years.slowed to around 5%.
Malaysia grew at 5.1% in 2024 faster than China. So dont expect China to run too far ahead of Malaysia.
..likely both countries per capita income will be roughly the same in coming yrs.
Data indicates the Chinese is actually accelerating the income gap from M'sian now over US$1500, difference.
Using World Bank definition, this means M'sia is now a lower middle-income country and China is upper-middle-income.
Question is who is more likely to escape the Middle Income Trap and reach the higher-income status at min GNI per capita above US$13,845...
- China: $13,390
- Malaysia: $11,710
- Singapore: $70,590
Source: https://www.macrotrends.net/global-metrics/countries/chn/china/gni-per-capita
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 26-06-2025
(25-06-2025, 09:49 PM)revealer Wrote: China real estate crisis erased 18 Trillion of wealth in China. This amount was never reflected in GDP
https://www.binance.com/en/square/post/25988416822954
Errr... we know some love to see China suffer the same fate as Japan, which had its own property bubble going burst in 1990s...
The problem with this blind assumption is they forget unlike China, the Jap gov was also forced to increase its Yen vs USD valuation by +100% while it remains highly dependent on US market. China on the other hand is the totally different animal - The Dragon has its own agency, the political will and monetary firepower to control (remember the PRC is a "communist" country) bloated assets...
Guess what did the Chines gov tell whose businesses in the property sectors ? - " Go clear your own sh!t ! "
https://www.cnbc.com/2024/03/11/chinas-housing-minister-property-developers-must-go-bankrupt-if-needed.html
RE: WOW...Chinese GDP per capital is now richer than M'sian. - sclim - 26-06-2025
china has all the development in new things, solar, wind, platform, cloud, AI, robots, low altitude economy, etc.
malaysia new development no heard of yet. still stuck in the manufacturing, raw material etc.
singapore not much better. just same same with some advance development things and feel like starting to live on old money.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 27-06-2025
(26-06-2025, 03:16 PM)sclim Wrote: China has all the development in new things, solar, wind, platform, cloud, AI, robots, low altitude economy, etc.
malaysia new development no heard of yet. still stuck in the manufacturing, raw material etc.
singapore not much better. just same same with some advance development things and feel like starting to live on old money.
Cannot compare lah. "old money" only exist in economies that fail to reform with the change of time.
Best e.g. society that weights under the old system off "old money" are likes of HK SAR, much of Western countries and even M'sia itself.
The later can be easily seen in the well-connected tycoons or "Tan Sri and the entitled "Bumiputra"" ruling class.
SG cannot effort such social compact, that is why the Little Red dot is governed so differently from M'sia....
Best evidence of why SG succeed is yes, China...If Deng had decided to borrow KL practices, we would not have the Chinese GDP per capital overtaking pple from across the Causeway.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - watchfirst9 - 28-06-2025
(26-06-2025, 02:47 PM)Manthink Wrote: Errr... we know some love to see China suffer the same fate as Japan, which had its own property bubble going burst in 1990s...
The problem with this blind assumption is they forget unlike China, the Jap gov was also forced to increase its Yen vs USD valuation by +100% while it remains highly dependent on US market. China on the other hand is the totally different animal - The Dragon has its own agency, the political will and monetary firepower to control (remember the PRC is a "communist" country) bloated assets...
Guess what did the Chines gov tell whose businesses in the property sectors ? - " Go clear your own sh!t ! "
https://www.cnbc.com/2024/03/11/chinas-housing-minister-property-developers-must-go-bankrupt-if-needed.html
Jp did not quickly develop sectors, like planes, cars, software, web site, telco equipment, weapons on its own.
Moving up the value chain is important if want to increase income.
Even SKor done better, it has its own search engine
interad.com › en › insights › korean-search-engine-market-share
Korean Search Engine Market Share 2025 | InterAd
20 May 2025 ... While Google still gets a certain amount of traffic from South Korea, the most popular search engine in the country is Naver, mostly due to its .
and social media
www.interad.com › en › insights › social-media-korea
Social Media in South Korea 2025 - InterAd
17 Jun 2025 ... Among the country's domestic platforms, KakaoTalk stands out with a total of 48.9 monthly active users. KakaoTalk is a messaging app similar to ...
Jp and also In fare much weaker.
How do people trust they are can be leader if they did not fare much better than the rest.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - [[ForeverAlone]] - 28-06-2025
Of course China is the Boss of Asia
whereas come west USA is the Boss.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - aiptasia - 28-06-2025
(25-06-2025, 07:30 PM)revealer Wrote: Should also look at gdp per capital ppp. This is the real income and purchasing comparison of its citizens. GDP per capital includes all infrastructures and buildings which China invested heavily in recent years and many of which gone wasted resulting ghost cities. They r dumping money to get GDP.
These so-called ghost cities are populated. Go F...k yourself with your LIES you CECA pundek!
RE: WOW...Chinese GDP per capital is now richer than M'sian. - aiptasia - 28-06-2025
(25-06-2025, 07:47 PM)revealer Wrote: KL has one thing many pple criticised is the poor urban planning
https://vt.tiktok.com/ZSkEEh6T1/
ANYTIME better than your fucking cow dung slums in India.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - aiptasia - 28-06-2025
(25-06-2025, 09:49 PM)revealer Wrote: China real estate crisis erased 18 Trillion of wealth in China. This amount was never reflected in GDP
https://www.binance.com/en/square/post/25988416822954
Real estate valuation is a bullshite indicator. Go and munch on your cow dung while India shites itself into oblivion
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Alice Alicia - 28-06-2025
KL priority is Malay bumiputra and own-pocket supremacy.
Economic growth is secondary.
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 28-06-2025
(28-06-2025, 12:23 AM)[[ForeverAlone]] Wrote: Of course China is the Boss of Asia
whereas come west USA is the Boss Clown.
I help update for you...
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 28-06-2025
(28-06-2025, 09:20 AM)Alice Alicia Wrote: KL Malaysia priority is Malay bumiputra and own-pocket supremacy.
Economic growth is secondary.
I help update for you...
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 06-08-2025
Last week, Li Qiang WEF speech in Tianjin alluded that China will escape the middle-income trap by moving towards high-incoming nation.
CHINESE Premier Li Qiang has declared that China is steadily progressing towards achieving high-income country status, citing a robust demand for consumption and sustained economic growth. Speaking at the opening of the 16th Annual Meeting of the New Champions—widely referred to as Summer Davos—in Tianjin on Wednesday, Li said: “China is confident in and capable of maintaining rapid economic growth.”
He emphasised that the country is evolving into a “super-sized consumption powerhouse,” building on its already formidable industrial base as a global manufacturing hub.
https://www.thevibes.com/articles/business/109777/china-advancing-towards-high-income-nation-status-premier-liA
RE: WOW...Chinese GDP per capital is now richer than M'sian. - Manthink - 11-08-2025
“Without reforms, M’sia risks deepening its middle-income trap and losing more skilled workers to neighbouring economies...The result is a diminished purchasing power that disproportionately affects low-and middle-income households" said Universiti Teknologi Mara Academy of SME and Entrepreneurship Development coordinator Dr Mohamad Idham Md Razak.
https://thesun.my/malaysia-news/m-sia-s-wage-policy-falling-behind-economic-realities-FC14075734