I can't wait till this happens!

>You can't grow from $1T to $20T in 25 years
you can. South korea and japan had similar scenario but their population is smaller. I do up the mass economic bubble stops one day. I wish taiwan had cultural influence over there.

>We should uphold the idea that working hard is the most honorable, noblest, greatest and most beautiful virtue
>Which is why all the great companies in China have communist party representatives on board, have close ties to the CCP at the highest level and why rich people who contradict the government have the nasty tendency to just disappear
Nothing rewards hard work more than a free market.

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>China is forever doomed itself because of the demographic crisis created by the one child policy
There was no singular "one child policy". Do a bit of basic research, user.

>

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THE CHINESE ECONOMERINO IS GOING TO COLLAPSERINO ANY DAYERINO!!!

>Nothing rewards hard work more than a free market.
Mate.

ghost cities is a true thing. With a large bubble, comes failed housing investment.

this song was filmed in fake paris:
youtube.com/watch?v=hTGJfRPLe08

Mate

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>>Which is why all the great companies in China have communist party representatives on board
This common practice in northern countries, a lot of the big companies are owned or partially owned by the government.

en.wikipedia.org/wiki/List_of_Finnish_government_enterprises

Any day now

gigacope

Not the same thing, state owned companies are a thing everywhere. What I'm saying is that PRIVATE companies are forced, by law, to take CCP representatives on board if they are above a certain benchmark. Which means that above that benchmark, pretty much everything is indirectly state owned. It's why so many people are concerned with private company Huawei effectively performing espionage for the CCP.

scmp.com/economy/china-economy/article/2174811/chinese-communist-party-needs-curtail-its-presence-private

It's not like the rest of the world, where most companies are private but sometimes the state sets up state owned companies (mostly for fields with natural monopolies).

i'm not saying that china economy is collapsing. Ghost cities are a thing and the US also has some large failed housing investment.

I don't understand economics, how is chinas economy able to function? Depending on the year the average Chinese saves 25-40% of what they make and their dept per capita is like 1,300$, compare that to Americas 62,000$. If everyone in America suddenly stopped consooming and started saving 40% of what they make their economy would go into recession.

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>ghost cities is a true thing
No, they aren't. The media got their hands on imagery of areas that were being developed before people moved in. The same "ghost cities" are now populated because, as shocking as it is, people aren't going to move into an area that has yet to establish running water and a fully functioning electricity grid.
Ordos Kangbashi was being used an example of a "ghost city", fuelling the propaganda that China is going to "collapse, any day now", when in reality it was a massive infrastructure project in a desert region that even while not complete, has attracted a good 200,000 thousand new permanent residents in a district that people were previously migrating away from due to desertification.
But yeah, "China is going to collapse- look at this empty cityscape" is a much more appealing article than providing actual context and going into the massive project to fight desertification and saving people from poverty.
The USA had a similar approach in their early history when they were expanding west and look at Nevada, Utah, Arizona and California now.

The idea that the free market is both free and rewards merit is a sick joke.

ok Zhang

>What I'm saying is that PRIVATE companies are forced, by law, to take CCP representatives on board if they are above a certain benchmark.
GOOOD.
ALL private companies should be forced to have an elected public servant on their board to be a voice for the public. How fucked in the head are you to view public accountability as a negative?

That answers my question: completely fucked in the head.

This is such horseshit, goddamn. How do the Chinamen put up with this clown rambling about being down to earth with his head in the clouds?

>ALL private companies should be forced to have an elected public servant on their board to be a voice for the public
Here's a (you) to respond to, enjoy your 50 cents

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youtube.com/watch?v=XlOuWwBxQr0

I saw this link yesterday. Everything is extremely cheap in China, since they don't have to ship it around the world and your local store doesn't have to inflate the price x10. A $50 pair of shoes cost $2 there. 4 beers cost $5. A full meal is a few dollars.

$10,000 goes further in China than say $50,000 will in the US.

I think the US teacher there works 10 hours a week and earns $24,000 a year. He lives pretty comfortable

Someone who'd been to China can correct me if i'm wrong.

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It sounds like you understand economics pretty well. America is based entirely on consumption and propped up by debt and negligent printing of fiat currency, which is why they do things like give money to banks in a recession so people can spend money on debt. It’s also why everyone in America is an indebted wage slave owned by banks which have no national allegiance to them. China is based entirely on production which means they rely on foreign demand but they don’t have to sell their citizens in debt slavery to international banks.

>it's another westoid thinks china is still communist because it's in the parties name
don't worry you can buy as many reboks and McChickens as you want in Beijing