Official statistics say that China’s exports for May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations.
where do you think these economists get there numbers?. its almost like they get them from the Chinese government. its like giving yourself good grades. that’s why there are these round about ways to try and find out what the real numbers are because you know dictatorships are not that transparent about how they get there numbers.
Exactly, and you believe that when you read western economists citing numbers they uncritically took them from the Chinese and didn’t do the same calculations as you did, right? Lol
Chinese government incentivized it with cheap loans that’s why these firms could even get these big debs in the first place. the bubble only burst once they put in rules to stop them from creating so much debt.
You’re so close to getting it. Communists indeed like to provide housing to people, so yes they made it attractive to build infrastructure by incentivizing their markets to do so. Since they do have their capitalists that also got greedy, they indeed intervened to make that bubble burst to make rent and property cheap for everyday people.
they use the Chinese numbers in official declarations because you know its official.
they made it attractive because they needed something too keep saying that the economy was following the Chinese communist party GDP growth goals
you seem to forget that everyday people used property as investment and now there investment is worthless. but hey maybe you just want to wave this away under its just there greedy capitalists.
its a dictatorship thing. making your economy look better then what it actually is.
they use the Chinese numbers in official declarations because you know its official.
that’s why there are these round about ways to try and find out what the real numbers
that cognitive dissonance lol
you seem to forget that everyday people used property as investment and now there investment is worthless
don’t buy property as investment? The sinking of prices is an intended effect. Also the gvmnt forces evergrande to finish building homes tho…
its a dictatorship thing. making your economy look better then what it actually is.
I agree that the US is trying to make the economy look better than it actually is
property became a replacement for the stock-marked because the Chinese stock market is very volatile and the property market was only going up that’s why some people had like 3 apartments because they could sell it again at a better price. property became a short term investment and was used like stocks that could never go down.
okay dude if you think dictatorships are better at transparency that’s not my problem.
Yes your cope is just so good. Here you have a good Bloomberg article on the validity of numbers: https://archive.md/lxpMa you might learn a thing of two.
property became a replacement for the stock-marked because the Chinese stock market is very volatile and the property market was only going up that’s why some people had like 3 apartments because they could sell it again at a better price. property became a short term investment and was used like stocks that could never go down.
Yes? I’m not saying this did not happen? I’m saying that because the property market bubbled and the CPC didn’t want it to get too bad they let it burst early and introduced the “three red lines”. Now property prices are affordable again…
okay dude if you think dictatorships are better at transparency that’s not my problem.
Implying that we have the same understanding of “dictatorships”
Exactly, and you believe that when you read western economists citing numbers they uncritically took them from the Chinese and didn’t do the same calculations as you did, right? Lol
You’re so close to getting it. Communists indeed like to provide housing to people, so yes they made it attractive to build infrastructure by incentivizing their markets to do so. Since they do have their capitalists that also got greedy, they indeed intervened to make that bubble burst to make rent and property cheap for everyday people.
This is a China thread?
they use the Chinese numbers in official declarations because you know its official.
they made it attractive because they needed something too keep saying that the economy was following the Chinese communist party GDP growth goals you seem to forget that everyday people used property as investment and now there investment is worthless. but hey maybe you just want to wave this away under its just there greedy capitalists.
its a dictatorship thing. making your economy look better then what it actually is.
that cognitive dissonance lol
don’t buy property as investment? The sinking of prices is an intended effect. Also the gvmnt forces evergrande to finish building homes tho…
I agree that the US is trying to make the economy look better than it actually is
and you where saying i was coping.
property became a replacement for the stock-marked because the Chinese stock market is very volatile and the property market was only going up that’s why some people had like 3 apartments because they could sell it again at a better price. property became a short term investment and was used like stocks that could never go down.
okay dude if you think dictatorships are better at transparency that’s not my problem.
Yes your cope is just so good. Here you have a good Bloomberg article on the validity of numbers: https://archive.md/lxpMa you might learn a thing of two.
Yes? I’m not saying this did not happen? I’m saying that because the property market bubbled and the CPC didn’t want it to get too bad they let it burst early and introduced the “three red lines”. Now property prices are affordable again…
Implying that we have the same understanding of “dictatorships”