Inside China's Economy: Hidden Income...

Inside China's Economy: Hidden Income Twice Official Data; Manufacturing Tipped to Recover

There are 7 comments on the www.thechinaperspective.com story from Sep 23, 2013, titled Inside China's Economy: Hidden Income Twice Official Data; Manufacturing Tipped to Recover. In it, www.thechinaperspective.com reports that:

Hidden Income Twice Official Data China's real personal income is twice as much as the amount reported by the National Bureau of Statistics, according to a joint survey on hidden income by Credit Suisse and the China Society of Economic Reform.

Join the discussion below, or Read more at www.thechinaperspective.com.

RayH

Shenzhen, China

#1 Sep 23, 2013
Cool.
RESISTANCE IS FUTILE

Richmond, Canada

#2 Sep 23, 2013
we all knew this was the case...

btw this deserves a repost... we know China is buying land all over...but this is a

WOW

China Buys Huge Ukrainian Agricultural Land

China plans to buy 3 million hectares (7.4 million acres) of agricultural land in Ukraine to meeting booming domestic demand for food, the South China Morning Post reported. The Xinjiang Construction Corp's deal with KSG Agro, which allows the former to grow crops and raise hogs in Ukraine, will make Ukraine China's largest offshore agricultural producer. Experts say China's food security relies on overseas expansion due to unproductive domestic soil. China feeds 20% of the world's population with only 9% of the world's arable land.
Snowflake

San Francisco, CA

#3 Sep 23, 2013
I would not be surprised if it was five times that, otherwise how can the Chinese afford to buy multi-million dollar houses in the USA. Not a thousand but tens of thousand such houses each year in the USA bought by Chinese with mostly all cash, 69% of them buy with all cash.
RESISTANCE IS FUTILE

Richmond, Canada

#5 Sep 23, 2013
I think it is a better bet for China to expand its influence into countries like Russia...

dying population, over abundance of women...

huge amount of land and resources...

and close to China...
RayH

Shenzhen, China

#6 Sep 23, 2013
RESISTANCE IS FUTILE wrote:
I think it is a better bet for China to expand its influence into countries like Russia...
dying population, over abundance of women...
huge amount of land and resources...
and close to China...
Surplus of 10 million women in Russia.
AZN

Toronto, Canada

#7 Sep 23, 2013
Truth wrote:
Indonesia to is buying hectares of land from Australia Lol!
For the training of jihadi terrorists?
AZN

Toronto, Canada

#11 Sep 28, 2013
Truth wrote:
Indonesia to is buying hectares of land from Australia Lol!
Most are probably Indonesian citizens of ethnic Chinese background.

Indigenous Indonesians are lazy and unproductive. They only prosper when they rely on powerful political connections, like Suharto family.

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