Quote from: lizarder on November 12, 2023, 07:06:49 PM

Quote from: Spaceman1000$ on September 04, 2023, 03:26:53 PM

Sometimes as a rational thinker, I've tried to wrap my head around how China has been able to sustain their economy with an estimated GDP growth of 3.00 percent and per CAPITAL GDP of 18187.98 USD, Especially owing to the fact that, they have to much people heavily dependent on her economy and population of over 1.400 billion people.

China's economic growth is increasing so rapidly and what I know is that they are currently very strong in terms of the economy. China controls the Asian market which is much wider than the European market or the American continent. Their products are marketed to Asia at prices that are much cheaper and more affordable than other products, even though the quality of their products is not much better than products made in America or other countries. The Chinese state is much more secretive in any case and as some people have previously commented they try to manipulate to appear strong in the eyes of other countries.

But apart from that I want to highlight the marketing techniques carried out by their government to control the largest market on the Asian continent and if I'm not mistaken most of their products sell very quickly on the Asian continent. I also like the way they approach both exports and imports and that's why their economy is much better than before. This country is truly extraordinary in terms of population and they always have ways to make their economy better.

the growth of China's economy IS. An export-oriented economy cannot actively develop and grow with shrinking markets. And China's economy basically lives by exporting EVERYTHING and EVERYTHING. And the key role is played by Western consumers, who bring revenue in liquid currency. And it is them that China is losing today. Plus the internal crisis, which will lead to lower incomes and taxes, and therefore lower purchasing power inside China, which will also prevent the economy from not only growing, but will force it to reduce turnover, which will worsen the situation. The government cannot subsidize business long and massively to create a pretty picture....