Is China's Growth for Real?

[Elbottoo]

Here is the deal little jealous children. China is indeed the promised land. I wouldnt hold my breath if you think China's growth is fake. Gordon Chang has been waiting for this socalled collapse for over 10 years now.

[Chris8282]

@Elbottoo I'll even give you an article.

Google search: Wen is right to worry about China's growth by Marin Wolf

Even the Chinese people say that China is not a free market. Seems you've never been educated enough to know what "free market" means, much less even the word "free"

[Aaaaarrrrrrggghhh]

China's growth is fake. US owing money is fake too.

[CHUUMPASS]

when this guy said, U.S. companies sell a lot in/to china i stopped , the world has too much crap produced in china and bought from there.

[sirrancisc]

who's that woman??? OPRAH??? lol

[MrIronMikeDaddy]

Here's the deal folks-- China is still behind the U.S. and the West but is catching up fast. The age of the West murdering, stealing from, enslaving, raping, colonizing, and just basically keeping down the rest of the world is soon coming to an end. This is what keeps snowflakes up at night. Snowflakes are TERRIFIED at the thought of losing their grip on power. Well best you get off the tracks snowflakes, cause the freight train is coming through!

[Tippersnore]

"They" got us by the 'nads dude!

[robertocalor]

yey but do you think europe is going to gave them their money to china so no faer

[bassyoko]

Of course they're not frustrated at not being able to vote, the current system suits them!

[lastmohicanfromchina]

200 million in middle class? where is your figure come from? most chinese are house slaver!!!!!!!!!!!!!!!! man!!!!!!!!!!

with the house price is skyhigh, and not collapse yet, they may feel ok, just like american in 2006, and if the real estate collapse, can you imagine what will happen to those house slavers??

[GameRemix]

China is keeping their Yuan 40% lower than what it should be, once they bring it at its rightful rate, thats it...GAME OVER FOR FREEDOM, say hello to communism..

[mkho]

@GameRemix well china is controlling it to keep it down to make money off the US. what I find odd was the our president and co were criticizing china for doing this, which doesnt make much sense

[btdism]

Who set up that rule? If there is only one exception, the so called a "rule" just an assumption. The rule just a bias terminology used to brainwashing American to protect some capitalist's interests.

[akinkhoo]

china is not the only exception. they are following the singapore model, only a 1000 times in scale! =)

Vietnam too is growing rapidly, in fact the only reason why they didn't do well in the past is because of western opposition to free market with their embargo and containment on them. the idea that their economy was weak because of democracy is an illusion created by the western's containment policies that deny millions their sovereign rights to decide their own government system.

[gudi1982]

There's no such a thing as Singapore model if the majority of the population in Singapore are chinese origin.

[typhoonq]

gudi1982, My country Singapore is run like a Big Corporation and has been governed by one single Party since 1966.

We are successful and many countries like to emulate us. In 1987, Deng Xiaoping visited us and he loved our system.. Later, our former Dpy Prime minister was appointed as China Economic advisor and Free Trade Zones and Industrial Parks model after our Jurong are built in many parts of China. We also conducted special Courses for future Chinese mayors at our Unitversity

yearly.

[yangfred1]

There is a way to understand it if you really WANT to do so.

However, some people don't like the fact and ignore it, which is just make himself a little bit better temporarily.

[Elbottoo]

This video is an eye opener that many people in the West needs to see.

Donald has nailed it. Very few people complain in China about lack of democracy or votes. But the West has this obsession with China not being "democratic". I say democratic because the other term "free market" mentioned in this video, is very much there in China.

Forget 6%. I think China will grow 9% this year.

[spiritbreakerz]

China achieved 8.9% growth rates on the 3rd quarter. Your prediction was almost right.

[Chris8282]

@Elbottoo China and free market should never be uttered in the same sentence. The government owns damn near everything. That's the opposite of a free market no matter how you want to skew the information.

[Elbottoo]

@Chris8282 China nailed free market to the point where it is now the most succesfull free market capitalistic country in the world. U mad old man? sucks to be you.

[Chris8282]

@Elbottoo It's not a free market at all. How could it be if the government owns it? China is successful because the West is putting money into it for its stability. Once the economy is back, China has lost its momentum.

Every economist agrees with this. Even the Prime Director of China agrees.

Do a Google search for 'Wen Jiabo china's economy will slow'.

How can China be a free market when China itself isn't even free. They even censor Google. This is purely facts, no emotions.

[Elbottoo]

@Chris8282 Free market has nothing to do with ownership, you moron. The top 2-5% of America OWNS more than 50% of the assets in America. Guess what moron, america is still a free market. Free market stands for certain principles and China follows all these principles.

Get your facts straight, you uneducated clown.

[Chris8282]

@Elbottoo Master's degreee in business and call me an uneducated clown? Makes me wonder what manner of emotional investment you have in China because you clearly aren't seeing the situation for how it is.

This is the standard definition as reported in textbooks, official sources, and Wikipedia:

(Continued in further posts)

[Chris8282]

@Elbottoo

"A free market is a market free from state intervention, also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts.It is the opposite of a controlled market, in which the state directly regulates how goods, services and labor may be used, priced, or distributed, rather than relying on the mechanism of supply and demand."

[Chris8282]

@Elbottoo Therefore, by its very definition, China is not a free market. You learn this in the first week of any business class. Clearly, you haven't taken any and are own concerned with emotional outburst and illogical rants with some hilariously unfounded insults thrown in. So, are you Chinese or just some upset minority that doesn't understand that China will use you all in the coming future, just as it does its own people.

[Elbottoo]

@Chris8282 Thereforem, by its very definition, China IS a free market. Get your fking facts straight or up your IQ.

[Chris8282]

@Elbottoo The Chinese government regulates more than tax collection, it doesn't even enforce private ownership (the government owns it) Therefore, it is not a free market.

Now, the OPPOSITE of a free market is where the state controls the goods, services, and LABOR. China does all of these things. I mean, for fuck sake, they have hundreds of millions of slave labor.

Simple logic, Get some. You are simply being emotional and there's no reasoning with you. I see I have wasted my time.

[Elbottoo]

@Chris8282 Simple logic that you obviously do not understand cos youre IQ is too low. Like I said before, nothing you quoted has got anything to do with China being a free market. Like I said before, up your IQ son.

[Elbottoo]

@Chris8282 Do you understand your own retardism, son. You are too stupid for this planet and for this world. You are a waste of resources. If you werent that stupid, you wouldnt be such a loser. But unfortunately, you are.

[Chris8282]

@Elbottoo Like I said, pure emotion. No logic. Not worth my time. Good day.

[Elbottoo]

@Chris8282 Yea, youre too emotional to be talking. This thread and video is for grown ups and people with high IQ. You dont belong. Hit the road, kid. Come back in 20 years when you finally mature.

[Chris8282]

@Elbottoo First I'm an old man, now I'm a kid. I have a low IQ because I quote the standard definition of a free market and you have yet to argue how China could even be remotely considered anything close to a free market? All you've done is deny the basic meaning of words, 1=/=2 no matter how much a temper tantrum you throw.

And, I'm the emotional one? Even though I have yet to get upset while you've been upset since before I responded, and you've done nothing but be illogical and insulting?

[Elbottoo]

@Chris8282 You are clearly too stupid to understand your own quotation that you got from wikipidia. Instead, if you actually had a brain, you would have realized by now that the very thing you quoted said that China is not a state controlled market. So either 1) youre too stupid for this world, or 2) you live in your own little delusional fantasy world. Either case, youre too moronic for this planet.

[Chris8282]

@Elbottoo Evidence? Argument? Justification? Can you at least give one of these?

This will be my last response to you I give without you giving me something worthy in return. China's own descriptions of its government, the CIA's World Fact Book, Britain Intelligence Agency, and Japan's PSIA all label China's economy as being a 'Command Economy' as of April 2011. Yes, it is in transition to a market economy but it is still 40-50 years before its anything close. Government still owns everything.

[Elbottoo]

@Chris8282 I will repeat this one more time so your tiny little brain can try to comprehend this one more time. Read what you quoted one more time, little boy. if you arent such an idiot, you would know that China fits that description of free market and does not fit the description of state controlled market.

[LenovoFightsPoverty]

Thanks a lot, great info.

@thereallurker

U make me laugh, with what you wrote, you're so funny.

[thereallurker]

Ha, ha, ha, he said 6-8% growth. Make me laugh that he believes Chinese statistics. They're just as bad as US statistics.

[azzz0495]

u got it

[Jeanca21]

it's better than no statistics.