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
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.
It's easier to jack GDP with finance than industry..
building a whole lot of unnecessary shit and then crashing your property market because that’s obviously unsustainable
Infrastructure isn't "unnecessary shit". e.g. ghost cities filled up
The chinese property market was experiencing a bubble due to overspeculation and mismanagement by firms like evergrande. As a result rents and property prices started to skyrocket. You're probably shocked to learn that communists don't like high rents and let the bubble crash and (unlike in the US handled their housing bubbles) left investors holding the bag. Because libs like you confuse the stockmarket with economy, you obv think it's crashing..
like temperately making your war economy look good by building a lot of shit that blows up. and this is only temperately because its shit that blows up.
NATO expansion after the dissolution of the UDSSR (against what threat?) Is the first aggression.. Also, even though Medvedev like to bark a lot, Russia has a clear nuclear doctrine.
I think it's not fair to complain about "censorship" when the decentral nature of the platform is made to avoid it. Especially not when you haven't contributed to the codebase. You can open your own nstance at any time.
That China does significantly more for it's people than other countries do for theirs. You're a lib that needs to be able to categorize in good or bad, when nothing in life is black and white.
Typical PRC apologist, incapable of acknowledging or addressing any faults on the part of China so just tries to deflect by pointing fingers in other directions. You know this tactic is super transparent right?
Giving me examples of Chinese private companies doing shitty business practices when most other private companies do the same is just you holding China to higher standards and is reeking of chauvinism. You know this tactic is super transparent right?
EVs are expected to reach 45% marketshare in 2024 in CN. Also I guess you haven't seen their high speed rail network expand over the last decade (pressuring their car market in general). Then you have a lot of capita. So yes the numbers make sense.
Nothing is in bad faith here. @yogthos@lemmy.ml is just responding to what you think the US desire in UA is by showing the contradictions and how it's playing out..
They've been supporting Ukraine since the first day and been encouraging peace talks. China is one of their biggest trading partners and it's in their interest. China hasn't been sending weapons because that's just putting fuel into the fire. And they also didn't do sanctions against Russia, because those haven't been decided by the UN.
If you're referring to "dept trap diplomacy" it's just a western projection. China regularly forgives loans and most of African dept is held by private institutions
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