War on smog slowing down China Growth?

[boedicca]

I've seen this opined in op-ed pieces and no data given, anyone got data?

Hardly. China is not doing much, if anything, about its horrible smog problem.

China's slow down is due to the fact that much of its growth was fueled by a centrally planned debt binge. Such growth is inherently unsustainable.

don't be silly China has shown 36 years straight of 8% growth. Probably would have been 12% without so much govt meddling.

Read up on the real estate bubble in China and then get back to us.

 

[EdwardBaiamonte]

I've seen this opined in op-ed pieces and no data given, anyone got data?

Hardly. China is not doing much, if anything, about its horrible smog problem.

China's slow down is due to the fact that much of its growth was fueled by a centrally planned debt binge. Such growth is inherently unsustainable.

don't be silly China has shown 36 years straight of 8% growth. Probably would have been 12% without so much govt meddling.

Read up on the real estate bubble in China and then get back to us.

there is no bubble. All the places in the 60 Minutes piece are now filled!! With 50 million a year moving to cities they over built in anticipation but over any 5 years period supply equals demand. Do you understand now?

 

[boedicca]

I've seen this opined in op-ed pieces and no data given, anyone got data?

Hardly. China is not doing much, if anything, about its horrible smog problem.

China's slow down is due to the fact that much of its growth was fueled by a centrally planned debt binge. Such growth is inherently unsustainable.

don't be silly China has shown 36 years straight of 8% growth. Probably would have been 12% without so much govt meddling.

Read up on the real estate bubble in China and then get back to us.

there is no bubble. All the places in the 60 Minutes piece are now filled!! With 50 million a year moving to cities they over built in anticipation. Do you understand now?

If you believe that, I have some Solyndra stock certificates that would interest you.

 

[EdwardBaiamonte]

I've seen this opined in op-ed pieces and no data given, anyone got data?

Hardly. China is not doing much, if anything, about its horrible smog problem.

China's slow down is due to the fact that much of its growth was fueled by a centrally planned debt binge. Such growth is inherently unsustainable.

don't be silly China has shown 36 years straight of 8% growth. Probably would have been 12% without so much govt meddling.

Read up on the real estate bubble in China and then get back to us.

there is no bubble. All the places in the 60 Minutes piece are now filled!! With 50 million a year moving to cities they over built in anticipation. Do you understand now?

If you believe that, I have some Solyndra stock certificates that would interest you.

the world believes in their 8% growth for 36 years. They have 8 cities all bigger than NYC that were not there 20 years ago. They now buy more foreign travel, movie tickets, and cars than Americans. The numbers don't come from the Chinese govt but from World Bank. Sorry

 

[boedicca]

Hardly. China is not doing much, if anything, about its horrible smog problem.

China's slow down is due to the fact that much of its growth was fueled by a centrally planned debt binge. Such growth is inherently unsustainable.

don't be silly China has shown 36 years straight of 8% growth. Probably would have been 12% without so much govt meddling.

Read up on the real estate bubble in China and then get back to us.

there is no bubble. All the places in the 60 Minutes piece are now filled!! With 50 million a year moving to cities they over built in anticipation. Do you understand now?

If you believe that, I have some Solyndra stock certificates that would interest you.

the world believes in their 8% growth for 36 years. They have 8 cities all bigger than NYC that were not there 20 years ago. They now buy more foreign travel, movie tickets, and cars than Americans. The numbers don't come from the Chinese govt but from World Bank. Sorry

Like the World Bank is an objective independent source.

Bzzzzzzzttt. You lose.

 

[EdwardBaiamonte]

don't be silly China has shown 36 years straight of 8% growth. Probably would have been 12% without so much govt meddling.

Read up on the real estate bubble in China and then get back to us.

there is no bubble. All the places in the 60 Minutes piece are now filled!! With 50 million a year moving to cities they over built in anticipation. Do you understand now?

If you believe that, I have some Solyndra stock certificates that would interest you.

the world believes in their 8% growth for 36 years. They have 8 cities all bigger than NYC that were not there 20 years ago. They now buy more foreign travel, movie tickets, and cars than Americans. The numbers don't come from the Chinese govt but from World Bank. Sorry

Like the World Bank is an objective independent source.

Bzzzzzzzttt. You lose.

so China and world bank are all lying as are auto makes who tell us what is sold in China each month? Why not tell us your numbers, research, and what real growth is and where those 10 cities all bigger than NYC came from?

 

[boedicca]

Read up on the real estate bubble in China and then get back to us.

there is no bubble. All the places in the 60 Minutes piece are now filled!! With 50 million a year moving to cities they over built in anticipation. Do you understand now?

If you believe that, I have some Solyndra stock certificates that would interest you.

the world believes in their 8% growth for 36 years. They have 8 cities all bigger than NYC that were not there 20 years ago. They now buy more foreign travel, movie tickets, and cars than Americans. The numbers don't come from the Chinese govt but from World Bank. Sorry

Like the World Bank is an objective independent source.

Bzzzzzzzttt. You lose.

so China and world bank are all lying as are auto makes who tell us what is sold in China each month? Why not tell us your numbers, research, and what real growth is and where those 10 cities all bigger than NYC came from?

Centrally planned economies do not produce reliable and trust worthy grown stats. 8% per year for 36 years? That is such a joke, it would be funny if the coming catastrophe weren't on the horizon.

 

[EdwardBaiamonte]

there is no bubble. All the places in the 60 Minutes piece are now filled!! With 50 million a year moving to cities they over built in anticipation. Do you understand now?

If you believe that, I have some Solyndra stock certificates that would interest you.

the world believes in their 8% growth for 36 years. They have 8 cities all bigger than NYC that were not there 20 years ago. They now buy more foreign travel, movie tickets, and cars than Americans. The numbers don't come from the Chinese govt but from World Bank. Sorry

Like the World Bank is an objective independent source.

Bzzzzzzzttt. You lose.

so China and world bank are all lying as are auto makes who tell us what is sold in China each month? Why not tell us your numbers, research, and what real growth is and where those 10 cities all bigger than NYC came from?

Centrally planned economies do not produce reliable and trust worthy grown stats. 8% per year for 36 years? That is such a joke, it would be funny if the coming catastrophe weren't on the horizon.

China GDP Annual Growth Rate | 1989-2016 | Data | Chart | Calendar
www.tradingeconomics.com/china/gdp-growth-annual
Oct 19, 2016 - GDP Annual Growth Rate in China averaged 9.79 percent from 1989 ... Transport, Storage, and Post; Financial Intermediation; Real Estate; ...

 

[EdwardBaiamonte]

 

[EdwardBaiamonte]

Centrally planned economies do not produce reliable and trust worthy grown stats.

its not centrally planned. Mao made it diverse so Russia could not conquer. There is not central govt bureaucrat telling them how many tooth brushes to make at what price for Walmart. Its all done by the free market and they are obviously killing because everything is made in China!! Where have you been??.

 

[boedicca]

Centrally planned economies do not produce reliable and trust worthy grown stats.

its not centrally planned. Mao made it diverse so Russia could not conquer. There is not central govt bureaucrat telling them how many tooth brushes to make at what price for Walmart. Its all done by the free market and they are obviously killing because everything is made in China!! Where have you been??.

There are varying degrees of Central Planning.

China is controlled by the Communist Party and the nominal private sector businesses are controlled by Party Cronies.

 

[EdwardBaiamonte]

Centrally planned economies do not produce reliable and trust worthy grown stats.

its not centrally planned. Mao made it diverse so Russia could not conquer. There is not central govt bureaucrat telling them how many tooth brushes to make at what price for Walmart. Its all done by the free market and they are obviously killing because everything is made in China!! Where have you been??.

There are varying degrees of Central Planning.

China is controlled by the Communist Party and the nominal private sector businesses are controlled by Party Cronies.

if private sector was not real they would not make everything in the world and have 36 years of 8% growth

"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy and telecommunications, their role in the overall economy has diminished significantly over the years. Here are some of the facts he presents to back his thesis: in 2011, China’s state-controlled firms only accounted for about a quarter of the country’s industrial output; and their share in exports has dropped to about 11% today; in 2012, state firms were only responsible for about one-tenth of fixed investment in manufacturing. And in terms of employment, SOEs employed about 13% of China’s labor force in 2011, a dramatic decline compared with the 60% figure recorded in 1999.

 

[william the wie]

Bloomberg, Reuters, CNBC and Fox Business channel all have easy to access online sites and except for Reuters have live televised coverage of Chinese official numbers but with way more emphasis on private guesses of the real numbers. Given that terminal rentals are what they are mostly selling: $25K/yr for Bloomberg and $10K/yr for Reuters for example; getting the right answers fast is what they live or die by. Bloomberg has several billionaires and Reuters likewise I suspect that they are doing somewhat better at getting the facts than the feel good numbers of bureaucrats protecting jobs.

 

[EdwardBaiamonte]

Bloomberg, Reuters, CNBC and Fox Business channel all have easy to access online sites and except for Reuters have live televised coverage of Chinese official numbers but with way more emphasis on private guesses of the real numbers. Given that terminal rentals are what they are mostly selling: $25K/yr for Bloomberg and $10K/yr for Reuters for example; getting the right answers fast is what they live or die by. Bloomberg has several billionaires and Reuters likewise I suspect that they are doing somewhat better at getting the facts than the feel good numbers of bureaucrats protecting jobs.

so you don't think the Chinese are buying more cars than Americans?

 

[william the wie]

With some of the easiest credit in the world of course.

 

[EdwardBaiamonte]

With some of the easiest credit in the world of course.

what does that mean given that much of the world has negative interest rates????????