To be honest, top picture should have some counties in between US/China, and then after tarifs around China.

I was going to post this since I was wondering why no one on Lemmygrad was talking about it.

Comrade Chang seemingly makes growth in China increase each time he predicts collapse.

But they where doing so well… Wait a second, tariffs didn’t hurt China’s exports? Oh nooooes

Hey don’t put the US down like that, they have about similar infrastructure as sparsely populated Qinghai…

Makes much sense, half = 50%. They are making the tariffs half. Yes. Makes sense. definitely didn’t say they will half 145% which would be something else entirely. No not at all.

China (15.7% in 2023) is currently near the world median youth unemployment rate. The CIA world Factbook has it at 93/201. What does that mean? You have to look at more that just that figure. Do Cuba (3%) and Liberia (2.3%) have similar economies? What about Italy (28.7%) and Iran (28.8%)?

Youth unemployment is defined as the percent of 15-24 year old persons who are seeking work but can’t find it. Keep in mind 75% of youth is enrolled in tertiary education in China (World Bank) and the MoE says senior high enrollment is 91.6% in 2022 with an increasing trend.

So 15.7% of youth that can’t find jobs is only out of those not already in school/university, and of course only counting those searching.

I can’t point to the causal reason for a relative increase over previous years, but looking at increasing rates of education could explain less otherwise employed youth is getting their education, making the percent of unemployed youth greater. I’d have to look deeper at the statistics, but the point is don’t look at a headline “China has this one bad stat” and make assumptions.

@cfgaussian@lemmygrad.ml you might find the stats interesting as well given your comment.

Edit: typo

Well, Biden (more likely his advisors and entourage) did try to have some mesure of an industrial policy and preemptive measures such as the CHIPS act. Obviously they where insufficient, poorly executed, inefficient, etc. so you are right in that they dialed to make similar preparations. That said we shouldn’t discount the US, it is incompetent but still dangerous and attempting to find solutions to preserve it’s hegemony. Let’s hope it fails.

Ideally China could perfectly neutralize any nuke. But realistically, even a single nuke hitting a Chinese city would kill tens of millions in seconds. Not to mention, China would have to respond. The loss of life would be horrendous even if China had a very robust defense, the possibility of it failing and the magnitude of a single nuke getting by isn’t worth it. The US, unfortunately, has a lot of nukes.

Well, don’t tell US policy makers, they might have an aneurysm… Actually maybe tell them.

Increasingly incompetent administrations are heralding in a new multipolar world, let’s just hope they don’t resort to nukes.

It’s interesting to see just how asymmetrical the repercussions are so far. Bodes well for China.

Sounds almost like a union, sans being able to use their collective organization to bargain for more support from the Russian government.

They really took “if you can’t beat them, join them” to heart, and by them I mean the Nazis joining their inspiration.

Meanwhile, taking the UK as an example, productivity has grown exponentially. Goes to show how exploited the working class is. If production was more evenly distributed, and part of the growth in productivity was allowed to be returned as free time, imagine how much better quality of life would be.

https://ourworldindata.org/grapher/labor-productivity-per-hour

Immigrants where the real ubermensch all along, able to con the gov for all it’s cash while doing every job in the same time. Seems like the race scientists have ir backwards, they should be advocating for their own replacement given this superior breed or human, more clever and harder working. /j

Probably most of the people that cause the gap you highlighted think the US is the one that should increase its support.

Weird, I thought I attached the link. Actually I read a global times article originally, but there are lots regarding the news with similar titles.

https://www.globaltimes.cn/page/202504/1332947.shtml

This Bloomberg article explains that the first months if the year showed a contraction of industrial profits, but profits rebounded in March bringing the first quarter to positive industry wide increase in profits. It’s a surge because March profits grew to the extent that they tipped the average for the quarter. It might be confusing if you don’t have the industry context .

The Economist says economists don’t know what’s going on. Trust me, I’m an economist. I definitely don’t just speak for British millionaires global north billionaires. Thanks inflation, you ruined the quote.

The Brits can make something besides terfs???