Yes your cope is just so good. Here you have a good Bloomberg article on the validity of numbers: https://archive.md/lxpMa you might learn a thing of two.

property became a replacement for the stock-marked because the Chinese stock market is very volatile and the property market was only going up that’s why some people had like 3 apartments because they could sell it again at a better price. property became a short term investment and was used like stocks that could never go down.

Yes? I’m not saying this did not happen? I’m saying that because the property market bubbled and the CPC didn’t want it to get too bad they let it burst early and introduced the “three red lines”. Now property prices are affordable again…

okay dude if you think dictatorships are better at transparency that’s not my problem.

Implying that we have the same understanding of “dictatorships”

they use the Chinese numbers in official declarations because you know its official. that’s why there are these round about ways to try and find out what the real numbers

that cognitive dissonance lol

you seem to forget that everyday people used property as investment and now there investment is worthless

don’t buy property as investment? The sinking of prices is an intended effect. Also the gvmnt forces evergrande to finish building homes tho…

its a dictatorship thing. making your economy look better then what it actually is.

I agree that the US is trying to make the economy look better than it actually is

where do you think these economists get there numbers?. its almost like they get them from the Chinese government. its like giving yourself good grades. that’s why there are these round about ways to try and find out what the real numbers are because you know dictatorships are not that transparent about how they get there numbers.

Exactly, and you believe that when you read western economists citing numbers they uncritically took them from the Chinese and didn’t do the same calculations as you did, right? Lol

Chinese government incentivized it with cheap loans that’s why these firms could even get these big debs in the first place. the bubble only burst once they put in rules to stop them from creating so much debt.

You’re so close to getting it. Communists indeed like to provide housing to people, so yes they made it attractive to build infrastructure by incentivizing their markets to do so. Since they do have their capitalists that also got greedy, they indeed intervened to make that bubble burst to make rent and property cheap for everyday people.

Russia

This is a China thread?

hey now its almost like dictatorships can manipulate there economy’s in ways democracy’s cant.

hey it’s almost like you think that you’re smarter than economists sitting in WTO, etc.

like jacking up your GDP numbers

US https://www.statista.com/statistics/248004/percentage-added-to-the-us-gdp-by-industry/ China https://www.statista.com/statistics/1124008/china-composition-of-gdp-by-industry/

It’s easier to jack GDP with finance than industry…

building a whole lot of unnecessary shit and then crashing your property market because that’s obviously unsustainable

Infrastructure isn’t “unnecessary shit”. e.g. ghost cities filled up The chinese property market was experiencing a bubble due to overspeculation and mismanagement by firms like evergrande. As a result rents and property prices started to skyrocket. You’re probably shocked to learn that communists don’t like high rents and let the bubble crash and (unlike in the US handled their housing bubbles) left investors holding the bag. Because libs like you confuse the stockmarket with economy, you obv think it’s crashing…

like temperately making your war economy look good by building a lot of shit that blows up. and this is only temperately because its shit that blows up.

wat?

“The WTO, World bank, IMF and US officials were duped by China’s fake numbers”

Cope lpl

NATO expansion after the dissolution of the UDSSR (against what threat?) Is the first aggression… Also, even though Medvedev like to bark a lot, Russia has a clear nuclear doctrine.

OK, so China has looked out for its own interests and created an economic advantage for a fraction of its own population.

Technically true. 800M is indeed a (large) fraction

And yet, still the largest source of methane emission.

Typical western chauvinist pointing to china’s emissions when most of his treats get produced there. Never mind checking per Capita numbers

a product they can sell. Let’s not pretend like this has some altruistic motivation.

Yeah it’s not altruism, but I don’t see anyone else producing the amount of solar that is needed to stop climate change

common china W

The Shenzhen frenzy dovetails with Hong Kong residents’ growing willingness to work and live in mainland China. A survey of people under 40 in the city by the Hong Kong-Guangdong Youth Association conducted last year found 66% of them are now open to employment across the border, tripling from 22% in 2020.

China genocided HKs culture so that more ppl stop realizing how bad cummunism is

In communist China your shit get searched and you get interrogated when you reenter the country

How about you just go back to reddit instead?

While you’re right about capitalism, China has a mixed economy and is generally market socialist. Also their capitalists are surpressed by the state.

“Chinas propaganda works so well that they are able to dupe western press and economists”

cope lel

The mixed reporting in western press is amazing. The “geostrategic rival” being strong and weak at the same time… wait where have I heard this type of rhetoric before?

China is going to collapse any day now lel

But the point of imperialism rising is valid, US might be losing grasp but Russia and China are grabbing what they can to oppress as well.

China doesn’t have finance capitalists that influence their foreign policy. Their banking sector is nationalized.

Also I wouldn’t call Russia’s actions imperialist as they haven’t installed foreign governments for labour surplus and commodity extractions anywhere (yet).

Maybe inform yourself before you speak on the topic

https://en.m.wikipedia.org/wiki/Israel_and_apartheid

https://www.amnesty.org/en/latest/campaigns/2022/02/israels-system-of-apartheid/

https://www.hrw.org/report/2021/04/27/threshold-crossed/israeli-authorities-and-crimes-apartheid-and-persecution

https://www.aljazeera.com/opinions/2023/11/16/apartheid-south-africa-reached-a-tipping-point-israel-will-too

Are you disingenuous? How much political power do they hold?

Yet only one ethnic group is represented in government and holds all legislative power and uses it to create a system of Apartheid

Shitlib