Comments on: What’s the true measure of China’s growth? http://blogs.reuters.com/breakingviews/2010/12/10/whats-the-true-measure-of-chinas-growth/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Sdeverre http://blogs.reuters.com/breakingviews/2010/12/10/whats-the-true-measure-of-chinas-growth/comment-page-1/#comment-5335 Mon, 13 Dec 2010 12:10:28 +0000 http://blogs.reuters.com/columns/?p=4809#comment-5335 I am a bit concerned about the fact that you can , in the same article, critize (rightfully) Chinese economic data and quote these figures (the industries percentage in the Chinese GDP) as a proof for your demonstration.
What seems to be evident is that:
– “there are lies, damned lies and Chinese statistics”
– Chinese leader understanding of what is at stake in the current huge financial buble they helped to creat, is ..at least.. weak (electricity, trains, ???)
– the worse is still to come

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By: BillyW http://blogs.reuters.com/breakingviews/2010/12/10/whats-the-true-measure-of-chinas-growth/comment-page-1/#comment-5332 Sun, 12 Dec 2010 23:57:19 +0000 http://blogs.reuters.com/columns/?p=4809#comment-5332 With some estimates of a $123 trillion economy coming in a few decades, someone must measure things right, and the growth in services can mean jobs from the US and other nations, and also competition with India.

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By: leungsite http://blogs.reuters.com/breakingviews/2010/12/10/whats-the-true-measure-of-chinas-growth/comment-page-1/#comment-5325 Sun, 12 Dec 2010 05:38:47 +0000 http://blogs.reuters.com/columns/?p=4809#comment-5325 Chinese municipal leaders invariably regard themselves as CEOs running their districts as national enterprises. They don’t want to be looked down on by their peers.

The ensuing result is all figures are “baked”, full of cavities, just as the conglomerates overstating profits but understating pollution.

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By: vksaini http://blogs.reuters.com/breakingviews/2010/12/10/whats-the-true-measure-of-chinas-growth/comment-page-1/#comment-5323 Sun, 12 Dec 2010 01:35:43 +0000 http://blogs.reuters.com/columns/?p=4809#comment-5323 One believes one’s eyes. While world’s fastest train recently run in China successfully and the newly build bridge collapse during CWG in Delhi speaks the true measure of growth. All illusions vanish!

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By: DonPresnellMBA http://blogs.reuters.com/breakingviews/2010/12/10/whats-the-true-measure-of-chinas-growth/comment-page-1/#comment-5316 Sat, 11 Dec 2010 09:13:29 +0000 http://blogs.reuters.com/columns/?p=4809#comment-5316 To some measure, I would have to agree “that GDP data can be inaccurate,” however, measuring growth through electric grid usage is not the answer as the concept of “industry-efficiency” and operational costs may vary and will corrupt any analysis. I would also agree that China’s growth is “real” but a great percentage is internal and centers around improved infrastructure to support manufacturing, and to modernize cities; given this reality, I for see inflation becoming a problem for a growing nation with questionable monetary policy. And if we couple this uncontrolled growth and inflation with a mounting global environmental and geopolitical concerns, China could be facing major political and economic issues! If this occurs, the US could find itself in more or prolonged economic crisis due to the massive loans that we hold from China.
Another concern for China is it’s workforce where there’s been a very rapid migration from an agrarian society to manufacturing/heavy-industry and now to high-tech; some would say that a great segment of the population are Il-prepared leaving most to be displaced. As this scenario takes root, I would question the government’s commitment and the existence of a viable social program to cope with the needs of 100’s of millions.

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By: Xiaowei http://blogs.reuters.com/breakingviews/2010/12/10/whats-the-true-measure-of-chinas-growth/comment-page-1/#comment-5314 Sat, 11 Dec 2010 06:52:31 +0000 http://blogs.reuters.com/columns/?p=4809#comment-5314 Even the leaders of China government noticed statistics bureau data are too impresise to trust or use, they can not find out a useful way to figure it out so far.

If the top guys really want to get China economy grown smoothly and heathly, they must reconsider government system change, that is the root of all the problems of current China.

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