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China the new superpower

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    #2
    folan
    Closed Accounts Posts: 2,630 ✭✭✭folan


    in fairness, it always had an advantage over 2020.


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    #3
    Wibbs
    Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,124 Mod ✭✭✭✭Wibbs


    Sustaining it will be the real trick to pull off. Too many of China's economic figures are "massaged" by their government for them to be of value, certainly not to be taken and printed as truth. They have the largest commodity bubble in history and their exports in a few areas are down from 5 years ago. It'll be interesting times ahead to see if they manage to navigate all this.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



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    #4
    Uriel.
    Registered Users Posts: 8,061 ✭✭✭Uriel.


    Egginacup wrote: »
    It seems China has become the World's largest economy a lot quicker than 2020:

    http://www.businessinsider.com/china-overtakes-us-as-worlds-largest-economy-2014-10

    So are you saying we should go suck China's c0ck?


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    #5
    Birneybau
    Registered Users Posts: 10,268 ✭✭✭✭Birneybau


    Blah, blah, great bunch of overlords.


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    #6
    Celly Smunt
    Banned (with Prison Access) Posts: 9,464 ✭✭✭Celly Smunt


    Wibbs wrote: »
    Sustaining it will be the real trick to pull off. Too many of China's economic figures are "massaged" by their government for them to be of value, certainly not to be taken and printed as truth. They have the largest commodity bubble in history and their exports in a few areas are down from 5 years ago. It'll be interesting times ahead to see if they manage to navigate all this.
    This.There is a giant pin hovering above their bubble which could hit very soon.


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    #7
    BoJack Horseman
    Registered Users Posts: 12,248 ✭✭✭✭BoJack Horseman


    Has China not been an economic superpower for years?


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    #8
    Iwasfrozen
    Registered Users Posts: 16,250 ✭✭✭✭Iwasfrozen


    Thread title is a bit misleading. China isn't a superpower.


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    #9
    donegaLroad
    Closed Accounts Posts: 2,379 ✭✭✭donegaLroad


    Here is a great site for sourcing and ordering goods manufactured in China, pretty much everything under the sun is on here.


    Alibaba


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    #10
    uch
    Registered Users Posts: 7,008 ✭✭✭uch


    So does that make "ChinaMan" the new superhero ?

    21/25



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    #11
    BoJack Horseman
    Registered Users Posts: 12,248 ✭✭✭✭BoJack Horseman


    Iwasfrozen wrote: »
    Thread title is a bit misleading. China isn't a superpower.

    Economically its a superpower for sure, otherwise a 'regional' power.


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    #12
    Karl Stein
    Closed Accounts Posts: 7,689 ✭✭✭Karl Stein


    Celly Smunt wrote: »
    This.There is a giant pin hovering above their bubble which could hit very soon.

    I've been hearing this for over a decade now and I'm becoming less convinced it is economic analysis and more convinced it's propaganda. Also, since when have economic bubbles seen the end of capitalistic development?

    The US/West has been managing bubbles for decades now so there's no reason the Chinese can't centrally manage any economic shock without having two sides of the business class arguing about how to do it, and dithering, like in the US/EU.


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    #13
    BoJack Horseman
    Registered Users Posts: 12,248 ✭✭✭✭BoJack Horseman


    Karl Stein wrote: »
    I've been hearing this for over a decade now and I'm becoming less convinced it is economic analysis and more convinced it's propaganda. Also, since when have economic bubbles seen the end of capitalistic development?

    The US/West has been managing bubbles for decades now so there's no reason the Chinese can't centrally manage any economic shock without having two sides of the business class arguing about how to do it, and dithering, like in the US/EU.

    I agree.

    China (whether through fair means or foul) has an iron grip on its currency & is completely unburdened by things like social services, environmental regulation & intellectual property rights.
    GDP growth is all but certain.

    She can ride storms as well as anyone else.


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    #14
    Egginacup
    Site Banned Posts: 2,922 ✭✭✭Egginacup


    Wibbs wrote: »
    Sustaining it will be the real trick to pull off. Too many of China's economic figures are "massaged" by their government for them to be of value, certainly not to be taken and printed as truth. They have the largest commodity bubble in history and their exports in a few areas are down from 5 years ago. It'll be interesting times ahead to see if they manage to navigate all this.

    Not sure I follow you. Are you saying that the IMF have determined that China is the world's largest economy based on, well, China's say-so?


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