What has really been behind china's economy

[Cling18]

China is a strong and orderly country.  They have manpower and by utilizing this manpower they are making great progress.  China is putting a lot of emphasis on technical education which is increasing their skills and as a result they are making various new innovations.  Although they do not tell the secret of their improvement.  Yet we can say that productivity, manpower, discipline among them are the keys to their financial success. I will add one more thing to this, they mainly emphasize technical education, they get more hands-on education.

I certainly agree, they focus on nurturing their education system and make sure that more people focus on putting up businesses. They always focus on making money and they know how to deal with every economic crisis. They have a firm foundation as they aren't just putting up businesses in their own country but other countries as well and they are also into exporting their products.
They are wise enough to handle their finances individually or even in corporate businesses. They are the type of people who won't feel contented and satisfied with what they currently have but rather always up to creating strategies and techniques to grow what they have.

[1714765247]

1714765247

[1714765247]

1714765247

[flyingcarpet]

China is a strong and orderly country.  They have manpower and by utilizing this manpower they are making great progress.  China is putting a lot of emphasis on technical education which is increasing their skills and as a result they are making various new innovations.  Although they do not tell the secret of their improvement.  Yet we can say that productivity, manpower, discipline among them are the keys to their financial success. I will add one more thing to this, they mainly emphasize technical education, they get more hands-on education.

I certainly agree, they focus on nurturing their education system and make sure that more people focus on putting up businesses. They always focus on making money and they know how to deal with every economic crisis. They have a firm foundation as they aren't just putting up businesses in their own country but other countries as well and they are also into exporting their products.
They are wise enough to handle their finances individually or even in corporate businesses. They are the type of people who won't feel contented and satisfied with what they currently have but rather always up to creating strategies and techniques to grow what they have.

When I was educated, even long ago, examples were given from the Chinese economy. Their good economy is due to the fact that they have a solid education system. When you give the training in the best way, the quality of other things automatically increases. This is exactly the system we see in China.

The fact that they can produce the goods they export cheaply makes it difficult to find alternatives. They have a very large export product market. Being one of the biggest shareholders of this market for years shows that China is successful.

[Pingrapole]

Socialist countries don't let outsiders know their internal situation, so we have to accept what they say China's inflation rate is very high, their brothers are very high and their real rate of GDP is very low, and because of good relations with Russia, Western countries buy much less of their goods buying.The main reason for China's economy is that their products are technical products, agricultural products and other products. They earn a large part of their economy by exporting these products to foreign countries. Clothing industry is considered as one of their major industries is USA and western world countries are China's main market there they earn their income by trading products like aluminum steel etc. along with electronic products, and they are different They also earn huge interest through loans to underdeveloped and developing countries investing in those countries and putting them in huge debt trap like Sri Lanka with their Hambantota Tota The seaport has been leased, there may be a similar situation in Pakistan.Currently, we know that the most prosperous country in the world is the United States of America, but according to the purchasing power of the annual GDP, it is the most powerful country. China is the most powerful country.China, North Korea and the socialist states have their own privates Does not disclose information and about their economy or and about their economy or that The information is almost all given by them in fact their economic condition is not very good their economy is currently standing with the help of various products selling interest and electronic products.And Chinese people work hard Because many of their population do not want to leave once they get a job, they are afraid of not getting a job later and because of their large population, their economy is already strong because everyone is in some kind of work Being employed is one of the tools to boost their economy, and they keep the economy strong through the income of this population and their various policies in the outside world.
The main reason why their economy is strong is that they have a lot of industries. Where there is a lot of manpower and their biggest source of income is their investment they make a lot of money from investment Earnings and abroad are different Industries export a lot of products Industries export a lot of products Various Sustaining China's economic market sustaining region is South Asia twenty-two regions in these regions they sell a lot of their goods and force different countries to sell because of their debt A pressure is on those states.
Finally, I can say that Chinese citizens are very skilled, and their technical knowledge is much more industries and factories they work hard and struggle after covid 99 has made their economy stronger They and there are many reasons behind it. They are orderly nations. They obey the head of the state and all economic activities are disobedient to his orders.
Likewise, they and there are many reasons behind it. They are orderly nations. They obey the head of the state and all economic activities are disobedient to his order Key tool.China's large investors from various countries are the main tool to sustain China's economy This is the main reason.

[karabiber]

China is a strong and orderly country.  They have manpower and by utilizing this manpower they are making great progress.  China is putting a lot of emphasis on technical education which is increasing their skills and as a result they are making various new innovations.  Although they do not tell the secret of their improvement.  Yet we can say that productivity, manpower, discipline among them are the keys to their financial success. I will add one more thing to this, they mainly emphasize technical education, they get more hands-on education.

When artificial intelligence and robotics technology become cheaper in the next fifty years, American and European industry will become less dependent on manpower. I wonder how China will feed its billions of unskilled workers and citizens as a result. China is a cheap labor economy based entirely on cheap manufacturing. Although they have recently come to the forefront with automobile technology, this does not mean that they are not cheap labor.
It is the United States and Europe that are growing China. These countries were looking for cheap production zones outside their borders and for many years China was their production base. Now as technology becomes cheaper, people are being replaced by machines.

China, no matter how much it invests in research and development, no matter how many high tech moves it makes, draws its economic strength from cheap labor and its billion strong workforce.
European and American economies are making moves to reduce human dependency in industry
The unit cost of a fully robotic factory will be cheaper than human labor in the coming years. This will be a big test for economies like China and India, which rely entirely on cheap unskilled labor.

[Sayeds56]

First of all China is a producing countries and many other countries are dependent on China for the purpose of importing useful material so this is the main reason that economy of China is high.

The people of China are creative so whenever hard situations arises there they does not depends on others but work for the development of equipment's that are suitable for handling such situations.

There are lots of electronic material which other countries imports from China which increases its economy so its clear that if people of a country are creative and larger import they make then the economy of that country will be increasing.

Certainly, China has established itself as a global manufacturing powerhouse, producing wide range of products for the whole world, in short it is known as "the factory of the world" capable of manufacture everything from consumable goods to ight and heavy machinery for agriculture and industrial use.

However,  economy of China is slowing down due to deflationary pressures, in particular the real estate sector is facing liquidity challenges, and real estate giant corporations like Evergrande has filed bankruptcy.

[Doan9269]

China is a strong and orderly country.  They have manpower and by utilizing this manpower they are making great progress.  China is putting a lot of emphasis on technical education which is increasing their skills and as a result they are making various new innovations.  Although they do not tell the secret of their improvement.  Yet we can say that productivity, manpower, discipline among them are the keys to their financial success. I will add one more thing to this, they mainly emphasize technical education, they get more hands-on education.

I certainly agree, they focus on nurturing their education system and make sure that more people focus on putting up businesses. They always focus on making money and they know how to deal with every economic crisis. They have a firm foundation as they aren't just putting up businesses in their own country but other countries as well and they are also into exporting their products.
They are wise enough to handle their finances individually or even in corporate businesses. They are the type of people who won't feel contented and satisfied with what they currently have but rather always up to creating strategies and techniques to grow what they have.

China is one of the countries that doesn't play with their economy development at all, they hold strict well the way they handles it and monitor every part of its innovations, they also go against any thing that could tarnish their development and therefore strictly work on their law enforcement and regulations with their citizens, there's a low level of corruption in China because of the impending judgement that awaits anyone found in such menace, wll these are what constitutes their wholesome economy among other top developed countries in the world.

[khiholangkang]

The average Chinese person is disciplined and saves money. Of all the Chinese people I have met, they have strong life principles in the economic world, so I think that is the background to all real economic activity. If you look at it from the perspective of China as the largest manufacturing producer, on average in my country spare parts, children's toys, home furnishings and other things are written "made in China". And as we know, many countries are already dependent on products from China, even America itself, including its consumers. Apart from that, products that want to enter China are quite difficult and have many requirements, so that MSMEs in China do not have many competitors from outside, and that is one thing that the background to which China's economy remains strong.

[Latviand]

~

First off, the art of understanding statistics requires an appreciation for nuances. Yes, there are certain discrepancies between how things are reported in Western and Eastern media that I have looked at.

What art? Margin of error in statistics is different from lying, margin of errors don't cause miscount in the total population of a country it's supposed to be an adjustment so it indicates that there's no absolute number. Check out this link, talks about the lies on China's statistics.

~

Let's not, however, pretend that this exclusively occurs in China. With regard to the assertion that the Internet is controlled, numerous nations employ various facets of information control. I'm not suggesting we should be cruel to them; rather, I'm just saying let's not.

I am not pretending or anything, I'm just telling the truth about what's really out there, this lines sounds too much like you bootlick too much about China, yes there are various forms of control on other parts of the world when it comes to the Internet but if you try at least once to look at the big picture, you'll see the difference in freedom that you and I have on the Internet compared to those who are in China. Here's some more links to help you understand why your claim is false at best.

Code:

https://www.google.com/amp/s/cpj.org/2015/04/10-most-censored-countries/amp/
https://en.m.wikipedia.org/wiki/Great_Firewall

~

How about using "bullying" to achieve your goals? To influence global brands and decisions, all nations employ both soft power and hard power. Geopolitics at its most fundamental.

I don't know about your moral standards but if your definition of achieving a goal means you try and restrict someone's freedom of speech and being an insensitive asshole like China, I don't think that many would be saying you're right.

Code:

https://www.google.com/amp/s/amp.theguardian.com/world/2021/may/26/john-cena-very-sorry-for-saying-taiwan-is-a-country
https://signal.supchina.com/all-the-international-brands-that-have-apologized-to-china/

~

The Chinese yuan is a concern. Is it utilized solely in China? This is incorrect. On foreign markets, the yuan has performed well. Even the IMF included it in its SDR basket. Ever ponder why?

I admit, I don't have the data for the RMB utilized only on China but you could've at least back that up with an article or something. Regarding RMB performing well, this article and this video says otherwise. Just because it's added in the SDR basket doesn't mean that it's good or performing well, China is still a big economic powerhouse so it's only natural that they're going to be eventually added on that besides the other stuff I don't know about why it's there.

~

Isn't this the case for many developing nations when it comes to real estate and alleged construction shortcuts?

Not a lot of countries create fake windows to disguise under construction buildings to look like they're finished so they can save face in an upcoming event.

Code:

https://youtube.com/shorts/GLH0GOUk8-o?si=ie2A10Ey0twFwvXM
https://youtube.com/shorts/7KZ2I2Ms4w8?si=CRCbA68-VO3gKWFE
https://youtube.com/shorts/t97JGvuHQlU?si=vAZdZqPHwvIrtpuP
https://youtube.com/shorts/q8D1UqQdf4A?si=jK25d1Ph_qbg_sS5

[justdimin]

The average Chinese person is disciplined and saves money. Of all the Chinese people I have met, they have strong life principles in the economic world, so I think that is the background to all real economic activity. If you look at it from the perspective of China as the largest manufacturing producer, on average in my country spare parts, children's toys, home furnishings and other things are written "made in China". And as we know, many countries are already dependent on products from China, even America itself, including its consumers. Apart from that, products that want to enter China are quite difficult and have many requirements, so that MSMEs in China do not have many competitors from outside, and that is one thing that the background to which China's economy remains strong.

Yeah this is culture sort of thing I think, there are situations where they are very good but also I could name a lot of things that they are not that good as well. Like a Chinese visitor is not something nations want from tourism, have you seen a group of Chinese people going to a hotel? Or a restaurant? In another nation of course, not in their own homeland.

I could tell you that since I worked in tourism before, there was absolutely no other nation we would not prefer, they were worst kind of tourists, does that mean they are bad people? Of course not, individually they were all great people, but culturally they thought that it is HOW you act when you are another nation, they just didn't know any better and wasn't show the true ways.

[JunaidAzizi]

Sometimes as a rational thinker,  I've tried to wrap my head around how China has been able to sustain their economy with an estimated GDP growth of 3.00 percent and per CAPITAL  GDP of 18187.98 USD, Especially owing to the fact that, they have to much people heavily dependent on her economy and population of over 1.400 billion people.

Well, you are confused about how China maintains that its growth is low but still sustains its economy. there are many factors behind it. let's talk about some factors, The govt makes an investment in education, infrastructure, and health which helps to increase to improve productivity, They have a strong manufacturing sector which increases the opportunity for jobs and a high number of labourers.

The population of China is very large instead of making it difficult for them they take benefit of it as it provides large domestic markets. The Chinese government has brought numerous reforms in recent years which attracted the foreigners to invest there. And due to the strong manufacturing sector, their export ratio is high.

In my view, These are some other factors from the above that stabilize their economy, After the covid 19 the economy of the whole world was disturbed but China has covered it faster than others.  

[iv4n]

Not a lot of countries create fake windows to disguise under construction buildings to look like they're finished so they can save face in an upcoming event.

Slapper got an argument slap!

Well, my country is one of the countries that like to disguise almost everything... so by some government officials "Serbia is an economic tiger and in almost everything, we are better than the others..." with an average salary of $700. A country that "seemed to have come out of communism and socialism"... and where are we now I really wouldn't know what to say about that.

[jostorres]

First of all, echoing the previous comments, you can't trust data from CCP. Then, you can search the following keywords "Why GDP is not a good measure of economic growth" and you'll find a lot of articles explaining the problem with GDP as a metric. Anyway, it doesn't mean the China economy is so bad that it would lead to revolution or whatever. I'm just saying that they got hit hard by COVID and they aren't superpower like their propaganda as well. They have a big economy, but the fact that they also have the #1 population, will scream a poor GDP per capita. So most people are still poor by 1st world standards.

GDP might only be an estimation use to measure the countries performance so they may not be accurate but I think it was still being used until now when we check the countries ranking if who is the richest or the poorest. China's economy is not bad but actually it was very good.

I think they are next to US. They are the first country to hit by Covid-19 and the said virus originated on them. They are being blamed by any other people/countries but later on our views change about them because they made a cure for it and they help other by supplying medical equipment. They don't have a real super power like on what we see in the fictional movies but they have a super power in a way that they can provide a solution and technological advancements.

[molsewid]

Sometimes as a rational thinker,  I've tried to wrap my head around how China has been able to sustain their economy with an estimated GDP growth of 3.00 percent and per CAPITAL  GDP of 18187.98 USD, Especially owing to the fact that, they have to much people heavily dependent on her economy and population of over 1.400 billion people.

Well, you are confused about how China maintains that its growth is low but still sustains its economy. there are many factors behind it. let's talk about some factors, The govt makes an investment in education, infrastructure, and health which helps to increase to improve productivity, They have a strong manufacturing sector which increases the opportunity for jobs and a high number of labourers.

The population of China is very large instead of making it difficult for them they take benefit of it as it provides large domestic markets. The Chinese government has brought numerous reforms in recent years which attracted the foreigners to invest there. And due to the strong manufacturing sector, their export ratio is high.

In my view, These are some other factors from the above that stabilize their economy, After the covid 19 the economy of the whole world was disturbed but China has covered it faster than others.  

I agree, as someone who has a friends in China I know how strong government funded all of the things that will benefit the country in the long run. They put education as one or maybe the top priority among all other things, they even have a good structures and education facility in their country. I know that some of the people only knew China for their replicated products but the thing is most of the global companies are in China for cheaper resources and we cannot deny how patriotism China have.

[usekevin]

Certainly, China has established itself as a global manufacturing powerhouse, producing wide range of products for the whole world, in short it is known as "the factory of the world" capable of manufacture everything from consumable goods to ight and heavy machinery for agriculture and industrial use.

However,  economy of China is slowing down due to deflationary pressures, in particular the real estate sector is facing liquidity challenges, and real estate giant corporations like Evergrande has filed bankruptcy.

The China had the product for the world population at the cheap cost,China also not the big economy like other Asian Nation.They had start to use their population in the good way,because China was the top of the world population.Using the population their had manufactured the product which will competition with the domestic product of any country.Actually the China product will be half the price of the domestic product,So the people buy the China product compared to their own domestic product.This was the cause of the China become the powerful economy.

[DrBeer]

I can also recommend to read the topic of what is "China's shadow banking". It will become clear how the "internal kitchen" of the Chinese economy is organized, about real debts and real problems. Real problems that the Chinese government is very careful to hide and conceal. This is the case with Evergrande Group and the little-known Country Garden Holdings.  To be clear, the risk of this shadow banking market is more than 3 trillion dollars.

Beijing has started to "close" the official statistics on unemployment, especially among the young population

[mu_enrico]

GDP might only be an estimation use to measure the countries performance so they may not be accurate but I think it was still being used until now when we check the countries ranking if who is the richest or the poorest. China's economy is not bad but actually it was very good.

I think they are next to US. They are the first country to hit by Covid-19 and the said virus originated on them. They are being blamed by any other people/countries but later on our views change about them because they made a cure for it and they help other by supplying medical equipment. They don't have a real super power like on what we see in the fictional movies but they have a super power in a way that they can provide a solution and technological advancements.

The total GDP is one thing and the GDP per capita is the other thing. For example:
China GDP: #2
China GDP/capita: #72

To make it easy, which one do you choose: (1) $5000 monthly income with 2 children, and (2) $10,000 monthly income with 100 children. The option (2) isn't "very good" IMO

Not sure how you came up with the idea of "provide a solution and technological advancements" while they steal intellectual properties from other countries. Also, they weren't as helpful as the propaganda says when COVID hits.

[xSkylarx]

Or it must be because they are claiming lands that aren't theirs? oops 

Anyways, they are one of the biggest exporters of microchips, computers, and other materials that are used all over the world, so meaning of that, they are really earning hugely as most of the country gets those items to them, and also, as you can see, most of the cheap products or even the expensive ones are made in China, so they are really hustling hard in exporting.

The problem with other countries is that they are only relying on investors from other countries, and mostly they are prioritizing local, which is always good for citizens, but the income of the country is not great.

[Strongkored]

The fact that they can produce the goods they export cheaply makes it difficult to find alternatives. They have a very large export product market. Being one of the biggest shareholders of this market for years shows that China is successful.

They can continue to produce cheap goods because the aim of making these goods is sustainable production, the cheaper an item is, the lower the quality, so the more often people will buy the product because they still need the product.
China's economy is extraordinary, but if we talk about the data, it could be manipulated by them because China always tries to make the image of their country good but actually it's not completely like that. Its citizens are still migrant workers in several countries, even for low wages, which proves that their economy is not as great as is reported. China succeeded in colonizing many countries with their cheap products but their economy remains the state's.

[jeha2015]

The China had the product for the world population at the cheap cost,China also not the big economy like other Asian Nation.They had start to use their population in the good way,because China was the top of the world population.Using the population their had manufactured the product which will competition with the domestic product of any country.Actually the China product will be half the price of the domestic product,So the people buy the China product compared to their own domestic product.This was the cause of the China become the powerful economy.

China's technological and economic progress has greatly benefited developing countries. So that high-tech products become affordable, and raw materials are purchased by China at reasonable prices, China even builds raw material processing factories in developing countries, thus opening up job opportunities.

In the past, before China's progress, developing countries were exploited by developing countries selling their technological products at very high prices while raw materials from developing countries were bought very cheaply. This was a form of neo-colonialism (a new style of colonization using technology instead of weapons). So, countries such as the United States, Japan and other developed countries are disadvantaged by China's progress. now they can no longer monopolize their technology because they cannot compete with high-tech Chinese products at affordable prices. China's progress has improved human welfare. Products that used to be expensive are now affordable so that people with low incomes can buy the goods they need because the prices are cheaper. Maybe this is what makes China's economic strength strong.

I really hope that my country, as a developing country, can take advantage of China's rise for the progress of my country. Now many countries can buy machines and capital goods at affordable prices from China to advance the business world and increase people's productivity instead of buying consumer goods from China.

[DrBeer]

First of all, echoing the previous comments, you can't trust data from CCP. Then, you can search the following keywords "Why GDP is not a good measure of economic growth" and you'll find a lot of articles explaining the problem with GDP as a metric. Anyway, it doesn't mean the China economy is so bad that it would lead to revolution or whatever. I'm just saying that they got hit hard by COVID and they aren't superpower like their propaganda as well. They have a big economy, but the fact that they also have the #1 population, will scream a poor GDP per capita. So most people are still poor by 1st world standards.

GDP might only be an estimation use to measure the countries performance so they may not be accurate but I think it was still being used until now when we check the countries ranking if who is the richest or the poorest. China's economy is not bad but actually it was very good.

I think they are next to US. They are the first country to hit by Covid-19 and the said virus originated on them. They are being blamed by any other people/countries but later on our views change about them because they made a cure for it and they help other by supplying medical equipment. They don't have a real super power like on what we see in the fictional movies but they have a super power in a way that they can provide a solution and technological advancements.

I'm sorry to disappoint you...
And about the "vaccine" - they are neither the first nor the best, and about the technologies - they are Western/borrowed/stolen. And about the assessment of the power of the economy - no matter how you "spin" the numbers - China is far from the quality of the economy, compared to the US, Germany and other advanced Western countries. Plus the huge dependence on exports plays a cruel joke on them. And the current state of the Chinese economy is the best proof of my words.
Although I would like to add - I give China credit and respect them for their efforts, due to which they have made a difficult way from an agrarian country of the third world to a TOP position in the world economy. Unlike, for example, their northern neighbor, which has 40% of the world's resources, but from year to year degrades, and not reversibly. China was able, over the previous decades, to defeat communist kleptomania and give freedom to people and business.