China

2032 readers

21 users here now

Discuss anything related to China.

Community Rules:

0: Taiwan, Xizang (Tibet), Xinjiang, and Hong Kong are all part of China.

1: Don't go off topic.

2: Be Comradely.

3: Don't spread misinformation or bigotry.

讨论中国的地方。

社区规则：

零、台湾、西藏、新疆、和香港都是中国的一部分。

一、不要跑题。

二、友善对待同志。

三、不要传播谣言或偏执思想。

founded 4 years ago

MODERATORS

GrainEater@lemmygrad.ml

What's the real size of China's economy? (asiatimes.com)

submitted 5 months ago* (last edited 5 months ago) by cfgaussian@lemmygrad.ml to c/china@lemmygrad.ml

5 comments fedilink hide all child comments

China's economy is bigger than official GDP statistics indicate, because it uses a measurement system based on manufacturing production, under-counting services. US GDP data, meanwhile, is distorted by expensive "services" like imputed rent and legal fees.

you are viewing a single comment's thread
view the rest of the comments

[–] SadArtemis@lemmygrad.ml 11 points 5 months ago (2 children)

Agreed, even if the Hindutvas were to remain in power (though it seems that may or may not be in question soon) I would still fully hope that they prosper all the same. It's an atrocity, what this present world system continues to inflict on India and all across the global south and non-white, non-western world.

Yeah i fear a lot of that kind of rhetoric is liberal hopium.

I'd also probably not even call it that FWIW. Liberals and westerners in general don't tend to have any great love for India (rather the opposite) and south Asians in general if you ask me. If it were Indian brands suddenly competing with western ones, and if Indian (indigenous) tech industries were threatening western monopolies, they would be seething at the bit all the same.

They're just touting/exaggerating Indian success to try to diminish China. In reality, there's no doubt in my mind, they hate and seek the exploitation and destruction of both peoples.

[–] cfgaussian@lemmygrad.ml 16 points 5 months ago* (last edited 5 months ago)

even if the Hindutvas were to remain in power

I'm not sure it can get better as long as they are in power, because they are part of the problem. It appears to me that the neoliberal trend in India has accelerated significantly under their rule.

They have mastered the classic bait and switch: with the right hand they distract the people with false consciousness and a scapegoat group to blame for their problems, while with the left hand they steal the wallet right out of their pockets and give it to a small group of ultra-wealthy elites. It's a simple sleight of hand but very effective.

[–] Tankiedesantski@hexbear.net 14 points 5 months ago

If it were Indian brands suddenly competing with western ones, and if Indian (indigenous) tech industries were threatening western monopolies, they would be seething at the bit all the same.

Absolutely, just look at the Japanese example. You can be the most loyal American running dog imaginable but if your economy gets too big the Yanks will still not hesitate to cut you down to size.