Quantcast
China's economy takes #2 spot from Japan.... - Beyond.ca - Car Forums
Page 1 of 2 1 2 LastLast
Results 1 to 20 of 21

Thread: China's economy takes #2 spot from Japan....

  1. #1
    Join Date
    Aug 2002
    Location
    Calgary
    My Ride
    You Crazy
    Posts
    2,008
    Rep Power
    0

    Default China's economy takes #2 spot from Japan....

    ....next stop.... number 1 from the US withing about 10 years.

    http://www.bbc.co.uk/news/business-12427321

    Interesting.

  2. #2
    Join Date
    Sep 2007
    Location
    Calgary, Alberta
    Posts
    1,931
    Rep Power
    18

    Default

    Everyone said that about Japan 20 years ago (that they were going to overtake the US). Even if China overtakes the US in terms of size of economy, which I don't think is possible (atleast in the immediate future) they still have a lot of other problems to work out. China is going to undergo a political and social upheaval soon, the people there won't continue to be treated the way they are.

    China has been growing at 10%+ yearly for the last 30 years, theres a LOT of overreacting going on.

  3. #3
    Join Date
    Aug 2002
    Location
    Calgary
    My Ride
    You Crazy
    Posts
    2,008
    Rep Power
    0

    Default

    Originally posted by Destinova403
    Everyone said that about Japan 20 years ago (that they were going to overtake the US). Even if China overtakes the US in terms of size of economy, which I don't think is possible (atleast in the immediate future) they still have a lot of other problems to work out. China is going to undergo a political and social upheaval soon, the people there won't continue to be treated the way they are.

    China has been growing at 10%+ yearly for the last 30 years, theres a LOT of overreacting going on.
    I doubt that, mainland Chinese are VERY loyal to the government and see it not as a government, but as a patriarch and symbolic head of the family.

  4. #4
    Join Date
    Sep 2009
    Location
    Calgary
    My Ride
    G6
    Posts
    28
    Rep Power
    0

    Default

    The Chinese economy has to triple in size in 10 years to overtake the USA. I don't know about the sustainability of 10%+ growth annually... With housing prices sky rocketing out of control, something's gotta give.

  5. #5
    Join Date
    Jul 2008
    Location
    Pallet Town
    Posts
    809
    Rep Power
    0

    Default

    I put a lot of their success on the one child policy.

    China has always had excellent growth, but put a great deal of emphasis on population early on instead of dollars. Now that they have cooled their actual headcount - GDP per capita can now more accurately repesent their growth.

    And a billion people with the exact same GDP per capita of a nation with millions - is incredible.

    And they didn't need to decimate to do it. Human rights champions them Chinese.
    0.5 gram microsd delivered by 12,000 pound combustion vehicle and driver.

  6. #6
    Join Date
    Mar 2004
    Location
    Calgary AB
    My Ride
    2020 Subaru Forester Sport
    Posts
    2,969
    Rep Power
    41

    Default

    Originally posted by ZenOps
    And a billion people with the exact same GDP per capita of a nation with millions - is incredible.
    GDP per capita:

    24. Japan: $33,828
    93. China $7,518

    Not even close...please explain

  7. #7
    Join Date
    Apr 2009
    Location
    Nowhere
    Posts
    6,852
    Rep Power
    26

    Default

    ...
    Last edited by Sugarphreak; 07-02-2019 at 10:38 AM.

  8. #8
    Join Date
    Sep 2009
    Location
    Calgary
    My Ride
    G6
    Posts
    28
    Rep Power
    0

    Default

    Originally posted by eblend


    GDP per capita:

    24. Japan: $33,828
    93. China $7,518

    Not even close...please explain
    He meant GDP I think, not GDP per capita.

  9. #9
    Join Date
    Jul 2008
    Location
    Pallet Town
    Posts
    809
    Rep Power
    0

    Default

    Originally posted by eblend


    GDP per capita:

    24. Japan: $33,828
    93. China $7,518

    Not even close...please explain
    Well, not yet. GDP is afterall based on consumption - not production. If every Chinese person drove a car to and from work - then the GDP would be much higher.

    I mean GDP as the Chinese measure it
    0.5 gram microsd delivered by 12,000 pound combustion vehicle and driver.

  10. #10
    Join Date
    Jan 2004
    Location
    Calgary, Alberta
    My Ride
    Bicycle
    Posts
    9,271
    Rep Power
    49

    Default

    One child policy will cause problems later. Much like Canada's baby boomer retirement. Population will get top heavy.

    I'm pretty sure US wishes Egypt style protest in China right now. And Chinese hopes that the kids will focusing on $ and away from politics.

    Originally posted by eblend


    GDP per capita:

    24. Japan: $33,828
    93. China $7,518

    Not even close...please explain
    4x as many people, 1/4 the GDP per capita. Make sense.

    If China has GDP per capita like Japan, it will surpass US to be the #1.
    Last edited by Xtrema; 02-14-2011 at 01:54 PM.

  11. #11
    Join Date
    Oct 2006
    Location
    calgary
    Posts
    153
    Rep Power
    0

    Default

    Assuming no growth in the US the chinese economy has to increase ~300%. It would take roughly 12 years at 12% annual gdp growth. Thats ridicules growth.

    I would hate to see a bullet train crash.

  12. #12
    Join Date
    Mar 2009
    Location
    3rd best city in Canada
    My Ride
    //M
    Posts
    1,118
    Rep Power
    17

    Default

    all i know is that China rapes the US, and we'll see if Japan can control its deficits.
    Destroying anti-US trolls and idiots like broken_legs since 2009.
    Dallas, Texas

  13. #13
    Join Date
    Jan 1970
    Location
    YYC
    My Ride
    1 x E Class Benz
    Posts
    23,598
    Rep Power
    101

    Default

    Originally posted by Destinova403
    China is going to undergo a political and social upheaval soon, the people there won't continue to be treated the way they are.
    I love how the west thinks that people are treated like shit and hate it in China, while I have family that grew up here, moved back, and prefer to live in China and are genuinely more happy there.
    Originally posted by SEANBANERJEE
    I have gone above and beyond what I should rightfully have to do to protect my good name

  14. #14
    Join Date
    Aug 2002
    Location
    calgary
    My Ride
    WAO Arrival
    Posts
    1,274
    Rep Power
    23

    Default

    This is why they are winning

  15. #15
    Join Date
    Aug 2002
    Location
    Calgary
    My Ride
    You Crazy
    Posts
    2,008
    Rep Power
    0

    Default

    Originally posted by rage2

    I love how the west thinks that people are treated like shit and hate it in China, while I have family that grew up here, moved back, and prefer to live in China and are genuinely more happy there.
    I've had several WHITE friends that went to China to visit, or teach at their MANY international schools.... they even had a highschool with a specific Alberta recognize curriculum lol...

    Anyway, one of them never came back, tanother is going to move there....

    Can't be as bad as everyone seems to assume.

  16. #16
    Join Date
    May 2002
    Location
    Chinatown
    My Ride
    NC1
    Posts
    10,841
    Rep Power
    86

    Default

    Originally posted by syeve
    This is why they are winning
    China is ballin'
    Originally posted by rage2
    Shit, there's only 49 users here, I doubt we'll even break 100
    I am user #49

  17. #17
    Join Date
    Jan 2004
    Location
    Calgary, Alberta
    My Ride
    Bicycle
    Posts
    9,271
    Rep Power
    49

    Default

    Originally posted by Toma
    Can't be as bad as everyone seems to assume.
    There are extreme poverty but if you can hold down a white collar job in the major cities, it's no better or worse than NY/Toronto.

  18. #18
    Join Date
    Mar 2004
    Location
    Calgary AB
    My Ride
    2020 Subaru Forester Sport
    Posts
    2,969
    Rep Power
    41

    Default

    Originally posted by Toma

    I've had several WHITE friends that went to China to visit......one of them never came back
    Damn what happened?







    I kid I kid

  19. #19
    Join Date
    Jan 2004
    Location
    Calgary, Alberta
    My Ride
    Bicycle
    Posts
    9,271
    Rep Power
    49

    Default

    Originally posted by eblend


    Damn what happened?
    http://forums.beyond.ca/showthread.php?threadid=155530

  20. #20
    Join Date
    Jul 2007
    Location
    Calgary
    Posts
    24
    Rep Power
    0

Page 1 of 2 1 2 LastLast

Similar Threads

  1. China Airlines vs Air China (YYC to DPS)

    By cam_wmh in forum Travel and Vacation
    Replies: 12
    Latest Threads: 08-11-2012, 12:49 AM
  2. Replies: 20
    Latest Threads: 06-04-2012, 01:22 AM
  3. China's housing boom spells trouble for boyfriends (being single in China sucks)

    By 911fever in forum Society / Law / Current Events / Politics
    Replies: 50
    Latest Threads: 06-29-2010, 10:36 AM
  4. And China takes another giant leap backwards...

    By Vagabond142 in forum Video Games
    Replies: 16
    Latest Threads: 11-08-2009, 05:49 AM
  5. When a mercedes takes a BMWS parking spot

    By scat19 in forum Alberta BMW Owners Club
    Replies: 22
    Latest Threads: 03-06-2007, 09:42 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •