Quote from: lockingbay on Today at 04:39:02 PM

China is world's larger exporter with multiple resources and also very opportunistic and also it has highest earnings in all the world. And they are leading in anything.

I agreed with your point as if we see at the bigger picture and try to compare the GDP of China with all other countries besides the fact that China is facing deflationary situation and other countries are facing inflationary situation then if we would compare the numbers and stats then we will definitely find China as the biggest seller or exporter. China is famous for making all kinds of thing at any cost. For example if we say we need a memory card at the cost of only $2 then they will make that for you and if we ask them to make a memory card for $20 then they will also make that for you. People are so hard working that home industries has grown so much in china that now products are more and consumer are less in the market. Which is causing yuan to lose value and now they are trying hard to maintain that. And I think it will be manages easily.

Quote from: avikz on Today at 04:16:39 PM

I personally work with 17 Chinese colleagues who are doing the same job since last 18 years without changing the company and with only one promotion. They are afraid of changing jobs as there's not much opportunities available outside the metro cities and it's extremely costly to live in metro cities. Do not believe things coming out of China glorifying themselves.

Thanks for the verification as I was also confused to read this because from pat few days I have reading that China is facing some severe financial problems like deflation, no buying of things. And people of there are trying hard to sell there products which are in abundant form. Yuan will slowly lose its value. And still OP was saying the GDP of China has improved in compared to Canada or some other country. He might having this discussion from some another angle but things are really not so go there roo because where inflation could put the financial status of a country at risk there deflation also has bad impact and it could effect the import and export plus selling will be lesser then before.