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One data point doesn’t make a trend. The Chinese economy isn’t collapsed, but the rate of growth of GDP for China has been negative (rate of growth, it’s still positive growth) since at least 2012 from what I can see. The US rate of growth is fairly static over the same time (a slightly positive rate of growth, but not much), but about half the value of China’s.
Don’t cherry pick data. It’s not useful.
This is literally the GDP growth rate. I don’t think you know what you are talking about, but please point us to a definition of the indicator you are talking about as well as to the comparison by country.
I think they’re comparing the 2nd derivative of GDP; the growth rate is the 1st derivative.
The claim is roughly:
The US is growing slowly, but doing so at a consistent pace. It will keep growing 2% indefinitely.
China is growing faster now, but the rate is slowing year over year. They will grow 5% this year, 4% next year,… The implication is that they’ll eventually settle domewhere below the US for (preferred boogeyman reason)
Of course the premise is low value speculation, but the math concepts can be parsed.
yeah they’re talking about the rate of the rate of growth… which maybe helps them with cognitive dissonance by still being able to find some negative thing about why China still seems to be doing just fine
I don’t need to find anything negative with China. I don’t have an issue with China. Look at this graph and tell me it’s going up.
https://www.statista.com/statistics/263616/gross-domestic-product-gdp-growth-rate-in-china/
This is IMF forecast data. Check how it looks like for the G7. Spoiler: it’s far worse than this forecast for China. How does the forecast of 1% US growth in 2024 fit into your “stable growth of the US”?
China is still growing far faster than the G7 so you missed the point entirely.
Don’t cherry pick data. It’s not useful.
You’re the one doing mental gymnastics here. “Oh yeah the Chinese economy is growing every year but it’s not GROWING growing, you see if you jumble the numbers a bit more you can actually get a negative number” fuck off dude.
I’m not jumbling numbers. Just look at a chart of GDP over time, or easier GDP change over time. It’s easy to see. I’m not saying China is collapsing, but the growth is slowing. There’s no need to make things up. It’s still growing faster than almost anyone else.
Well yeah. This is clearly just a post making fun of all the “China is collapsing” shit you see in liberal media and spaces when the truth continues to be the opposite. Probably not aimed at you if you understand the nuances.
A screenshot of a Twitter post without any context from an account well known to simp for China
Meanwhile their housing market, which they use as a massive investment vehicle, crumbles further.
Who is Xu Juayin?
Who is Jack Ma?
Guess nobody.
edit: Chinese bots are TRIGGERED.
lmfao shut the fuck up all of you.
You’re an actual human shitstain.
oh but it’s funny when you cumquats dm me articles about 9/11 or children being shot in school lol?
Fuck out of here
Immensely funny, actually. Have fun seething over losing to China in every proceeding decade of your life
He screams from the bottom of the trash bin.
I made more than my rent today in the US stock market and pissed off a bunch of you babies with a Wikipedia article.
Who’s seething? It’s great up here at the top
lol you’re a straight up goofball how do you think this sounds cool to literally anyone
Fascinating how all you are capable of saying in response to that whole comment is to think I am doing a bit when I mention I have two degrees.
No, its not a bit.
I seriously doubt anyone here in a chapo reddit could actually make a meaningful economic or political argument at this point.
oh sorry did I say reddit? I couldn’t tell I wasn’t on it what with the utter lack of meaningful or interesting discussion, and preponderance of memey edgy troll posters.
As usual, the cosplaying tankies in a ‘leftist’ community are amazingly hostile and disrespectful to anyone who says they are an anarchist.
I had been able to post for a week or so on another chapo reddit /until/ it became unable to avoid the astounding hypocrisy and wilful blindness that online MLs have regarding the horrible things done by authoritarian societies in the name of communism.
Good riddance to you idiot trolls.
Its baffling to me that chapo communities are nearly entirely ML edgelords. The chapo crew never suck off and worship Chinese Style ‘Communism’, but for some reason seemingly all online chapo communities are based around this principle.
