Snowflake

San Francisco, CA

#25 Jun 17, 2013
Since 1989, on the average property value in China have gone up over 50 times. In some places 200 times.
Phenomenal. did you listen to Miro, who havwe a death wish for China each year?
Snowflake

San Francisco, CA

#26 Jun 18, 2013
Even though there are a number of monks who have self immolated, 99% of the ppl in Tibet favored post D.L.
Indian

San Francisco, CA

#27 Jun 20, 2013
There are over one million Indians living in China.
These Indians contribute much to China in all fields that is why China is moving forward.
TehO

Concord, CA

#28 Jun 20, 2013
Indian wrote:
There are over one million Indians living in China.
These Indians contribute much to China in all fields that is why China is moving forward.
In Hong Kong, I saw a singh wearing a turban outside a famouse Yung Kee roast goose restaurant in Lan Kwai Fong. He was working as a security guard/doorman. Up the road, in the alley way, there was a Indian restaurant with cantonese speaking Indians as waiters. Across Shanghai, you can see Indians working as doormen or porters.

Yes, Indians do contribute to Chinese economy.
Snowflake

San Francisco, CA

#32 Jun 21, 2013
China may hit near or close to 8% growth in GDP again this year, not bad.
The CCP is DYING

Surrey, Canada

#33 Jun 21, 2013
Yes, At Some Point China Will Implode

Henry Blodget

Jun. 17, 2013, 11:16 AM 161

REUTERS/Stringer China
If there has been one prediction made more than any other over the past couple of decades, it's that China's miraculous economy is headed for a fall.

China bears have pointed to a long list of disasters-in-the-making, from questionable economic statistics to skyrocketing real-estate prices to ghost cities to centrally planned growth to corruption to pollution to civil unrest to debt.

And yet, despite all of these concerns, China's economic machine has just kept chugging along.

But this time it's going to be different!, says an analyst from Fitch. This time, China really is screwed.

According to Ambrose Evans-Pritchard of the Telegraph, Fitch analyst Charlene Chu has concluded that China's growth is being fueled by a credit bubble that is unlike anything the modern world has ever seen. This debt bubble is leading to massive overbuilding, Chu says. And when it finally bursts, as debt bubbles always do, China will be looking at a Japan-style depression and deflation.

Given the number of China doom prophesies that have been made over the past two decades, you can be forgiven for rolling your eyes at this one and moving on. But Chu does cite some startling statistics, including the claim that China's debt-to-GDP ratio has quietly shot up to more than 200% and that each additional yuan borrowed is producing ever less growth. If there's any hard law of finance, it's that what can't go on forever won't. And borrowing at this rate relative to economic growth can't go on forever.

That said, as always, the key question is "when?"

At some point, China's economy is almost certainly going to go through the same sort of violent setbacks that every economy goes through, including the economy with which China's is compared--the U.S. economy.

The growth of the U.S. economy over the past century has been nothing short of miraculous. But it has been anything but a smooth ride. Amidst its decades of expansion, the U.S. has gone through several decade-long periods of depression and stagnation, often following debt buildups just like the one China appears to be experiencing. In fact, the U.S. economy is still struggling to move past its latest debt-fueled bubble, the housing boom that turned to bust five years ago and took the country down with it.

If China manages to avoid this boom-bust pattern forever, the country's resurgence really will be miraculous. And what is likely to send the Chinese economy into its own depression is exactly the sort of debt buildup that Chu describes.

But booms often last much longer than most analysts think they can. And unless or until we know exactly when China's boom will end--which, if history is a guide, we won't know until after the fact--it's hard to make decisions based on this forecast.

Yes, at some point, China's economy will crack. Alas, no one knows when.
The CCP is DYING

Surrey, Canada

#34 Jun 21, 2013
Here's a "truth" about China under the CCP dictatorship:

The worst genocides of the 20th and 21st Centuries

Mao Ze-Dong (China, 1958-61 and 1966-69, Tibet 1949-50) 49-78,000,000

Adolf Hitler (Germany, 1939-1945) 12,000,000 (concentration camps and civilians deliberately killed in WWII plus 3 million Russian POWs left to die)

Leopold II of Belgium (Congo, 1886-1908) 8,000,000

Jozef Stalin (USSR, 1932-39) 7,000,000 (the gulags plus the purges plus Ukraine's famine)

Hideki Tojo (Japan, 1941-44) 5,000,000 (civilians in WWII)

from; http://www.scaruffi.com/politics/dictat.html
Indian

San Francisco, CA

#35 Jun 23, 2013
I hope what you are saying is true Miro, India will surely surpassed China in this case if not already based on what you say. You seemed to hate the CCP, Chinese and China, hating is no good especially is you are Hindu.
Serrano Red

Perryton, TX

#36 Jun 23, 2013
we have been fed lies about china this country should copy them instead of snooping
Snowflake

San Francisco, CA

#37 Jun 23, 2013
You think a country such as the USA would resort to such tactics as hacking, we are not that low. We were just doing some info gathering and for national security sake.
lct

Beijing, China

#38 Jun 23, 2013
at the end of may, there are 99.6tln yuan deposit in chinese banks.

don't worry about chinese economy.
AAA

London, UK

#39 Jun 23, 2013
Snowflake wrote:
You think a country such as the USA would resort to such tactics as hacking, we are not that low. We were just doing some info gathering and for national security sake.
Absolutely, US hacked into other countries servers and you expect them to believe it was just a sightseeing exercise. Unless US hand over all the information it has gathered from all the countries concern, it is never going to go away.

At least if US is really doing it for anti-terrorism, it should have asked for permission from the relevant countries. For example, US asked to access SWIFT network to monitor global money transfer after 9/11, that was passed by European parliament. Even that, it is likely that the permission will not be continued.

US accused China of hacking, but itself has been doing just that all these while. Now that is pretty low down.
CCP is CHINAs SHAME

Surrey, Canada

#41 Jun 23, 2013
lct wrote:
at the end of may, there are 99.6tln yuan deposit in chinese banks.
don't worry about chinese economy.
Pity that it is all non-convertible, non-tradeable "banana republic" pegged coupons that are WORTHLESS PAPER everywhere else and soon in China too, eh?

There is a lot of MONOPOLY MONEY in circulation too, but it is only useful in the game, when the CCP game is over, the RMB will be worth just as much!

HA HA HA HA HA HA HA!
snowflake

San Francisco, CA

#42 Jun 23, 2013
China is still the strongest major economy in the world, no matter what Miro or Indian says. 8% growth predicted this yr, 2013. That is 40 yrs at an average of over 10% per year, it has turned the Western business cycle upside down.
CCP is CHINAs SHAME

Surrey, Canada

#43 Jun 23, 2013
Here's a TRUTH about CCP China:

"To secure desks near the teacher, families pay 300 yuan per month, says Liao Ran, who runs programs in Asia combating graft for Berlin-based Transparency International. While a few years ago the youngest students almost all went to school, now as many as 900,000 6- to 8-year-olds drop out every year, says Yang."

from;
http://www.businessweek.com/articles/2013-04 -...

WOW! Almost a MILLION ELEMENTARY SCHOOL DROPOUTS IN CCP CHINA EVERY YEAR!

Less than 20% of Chinese EVER FINISH HIGH SCHOOL!

A SHAMEFUL TRUTH!
snowflake

San Francisco, CA

#44 Jun 23, 2013
The truth is China graduates more scientists and techs than the whole world combined. China is the most literate country in the world, the high school students scored consistently higher than anywhere else in the world. The elementary school drop out rate is 10,000 not one million, lot lower than all Western countries. And they have 1.5 billion ppl. That is why we know that Miro is neither white nor Asian, he is too stupid.
CCP makes China STUPID

Surrey, Canada

#45 Jun 23, 2013
No citations of course for a bunch of crahp you just made up on the fly, eh "snowfake"?

Say, how much does the CCP pay you for your "Aw shucks! Gee whiz, isn't communist dictatorship great!" routine?

CLOWN.
OCCUPY TIANANNMEN

Surrey, Canada

#46 Jun 23, 2013
snowflake wrote:
The truth is China graduates more scientists and techs than the whole world combined. China is the most literate country in the world, the high school students scored consistently higher than anywhere else in the world. The elementary school drop out rate is 10,000 not one million, lot lower than all Western countries. And they have 1.5 billion ppl. That is why we know that Miro is neither white nor Asian, he is too stupid.
No citations of course for a bunch of crahp you just made up on the fly, eh "snowfake"?

So, tell us how much the CCP pays you for your "Aw shucks! Gee whiz isn't communist dictatorship great!" routine here on topix?

CLOWN.
Snowflake

San Francisco, CA

#47 Jun 23, 2013
I have gone to China the last few years at the invitation of the CCP, I am paid to write the truth and not to kiss up to China, that is what I have done. I want to educate my fellow Americans about the truths of China not let ppl like you writing false things about it. You spent 24/7 ragging on China, I know someone is for sure paying you. I will go back again next year and I expect the air pollution to get much better and I saw water quality getting much better already with stricter regulations.
OCCUPY TIANANNMEN

Surrey, Canada

#48 Jun 23, 2013
Oh yes, "Snowfake", you've been claiming for years now that China's pollution problems have been solved, but all objective evidence is of course that it has gotten sharply worse.

You carpetbaggers telling the Chinese Communist Party what it wants to hear are making a killing now by exploiting the egos of the tired old mass-murderers of the CCP. But ask yourselves how much longer it can last, this toadying to the doomed?

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