China-US: Who has performed better

[Jere Jaja]

As you mentioned 2017, attached is a chart comparison of S&P500 and an ETF of Shanghai index, China A shares (in green - ASHR) If stock market index price is anything to go by, USA is clear winner.
View attachment 206771

Wow it's impressive how S&P outperformed ETF in recent months.

Here some current data I extracted from Bloomberg:

During the first quarter of 2018, 28,63% of Chinese exports went to the US, On the first quarter of 2019 this number lowered to 25,57%.

1st Quarter of 2018, 14,65% of US exports went to China, for the same period this year the percentage lowered to 10,34%.

It seems like the US has performed better than China in diminishing its dependency on the other. 1/4 of Chinese exports still depends on the US, that's a large amount for the country that is your current enemy. If this percentage is going to be decreasing 3% per year from now, the US still has a lot of time for putting pressure on China in the trade field.

 

[GRULSTMRNN]

That is kind of a stupid argument. That's like saying the exciting AMZN stock lost 10% last year, the most in a decade, and the Columbus, Ohio, utility company gained 0.7% which is their best performance in a decade.

My point being, China still hums at 5-6% growth and they have not even optimized the shit out of their economy. US at the absolute top perhaps 3%, a safer assumption is 1.5-2% max, and that is only achieved by benefitting a few individuals while the population at large is squeezed. Point being, China will overtake the US very soon, economically, and there is nothing the US can do about it.

Last year our GDP matched its highest level in 13 years. China's GDP was the lowest they've had in 27 years.

 

[Stockolio]

A it if a stupid argument. That's like saying the exciting AMZN stock lost 10% last year, the most in a decade, and the Columbus, Ohio, utility company gained 0.7% which is their best performance in a decade.

My point being, China still hums at 5-6% growth and they have not even optimized the shit out of their economy. US at the absolute top perhaps 3%, a safer assumption is 1.5-2% max, and that is only achieved by benefitting a few individuals while the population st large is squeezed. Point being, China will overtake the US very soon, economically, and there is nothing the US can do about it.

Wrong again... Aren't you tired of always being wrong ?

 

[LS1Z28]

That is kind of a stupid argument. That's like saying the exciting AMZN stock lost 10% last year, the most in a decade, and the Columbus, Ohio, utility company gained 0.7% which is their best performance in a decade.

My point being, China still hums at 5-6% growth and they have not even optimized the shit out of their economy. US at the absolute top perhaps 3%, a safer assumption is 1.5-2% max, and that is only achieved by benefiting a few individuals while the population at large is squeezed. Point being, China will overtake the US very soon, economically, and there is nothing the US can do about it.

Since the trade war started in early 2018, our economy has been strong. The Fed increased interest rates 4 times following the onset of the trade war prior to the cut last month. Our GDP growth matched the highest rate we've had in the past 13 years. We have the lowest unemployment rate in 50 years. For the first time ever, we had more open jobs than people seeking employment.

Since the trade war started, China has been bleeding. They had the worst GDP growth they've had in 27 years. They started pumping stimulus into the economy last year, and they're planning even more stimulus this year. As was posted earlier in this thread, their stock market has fallen a lot lower than ours as well. They've lost a lot of wealth.

China has had an impressive GDP for a long time. We would too if we allowed our businesses to pay their employees less than $1 per hour.

 

[Sig]

Last year our GDP matched its highest level in 13 years. China's GDP was the lowest they've had in 27 years.

China's GDP in 2018 was $13,605.18 Billion, it's highest level ever. In 1991 it was $413.38B, that's 33 times higher last year than 27 years ago....given that you're clearly severely mathematically challenged I'll do that math for you. Seriously, that's the most moronic statement I've heard in months or maybe years, wtf? (http://data.stats.gov.cn/english/)

 

[Stockolio]

Since the trade war started in early 2018, our economy has been strong. The Fed increased interest rates 4 times following the onset of the trade war prior to the cut last month. Our GDP matched the highest rate we've had in the past 13 years. We have the lowest unemployment rate in 50 years. For the first time ever, we had more open jobs than people seeking employment.

Since the trade war started, China has been bleeding. They had the worst GDP they've had in 27 years. They started pumping stimulus into the economy last year, and they're planning more stimulus this year. As was posted earlier in this thread, their stock market has fallen a lot lower than ours as well. They've lost a lot of wealth.

China has had an impressive GDP for a long time. We would too if we allowed our businesses to pay their employees less than $1 per hour.

Started pumping stimulus last year ? What planet are you from ?

China had 150 something Trillion Yuan suddenly appear ( 24 Trillion US ) on their off balance sheets just for 2016!!!! In one year, they had created more off balance sheet debt then the entire total US Government debt, just off balance sheet... They been pumping so much money since 08 it's not called stimulus, it's called MMT

Over 800 Trillion Yuan in liabilities... Midnight is much closer then CNBC let's on

 

[LS1Z28]

China's GDP in 2018 was $13,605.18 Billion, it's highest level ever. In 1991 it was $413.38B, that's 33 times higher last year than 27 years ago....given that you're clearly severely mathematically challenged I'll do that math for you. Seriously, that's the most moronic statement I've heard in months or maybe years, wtf?

Oops. I meant GDP growth. That's what I get for not proofreading.

 

[Stockolio]

China's GDP in 2018 was $13,605.18 Billion, it's highest level ever. In 1991 it was $413.38B, that's 33 times higher last year than 27 years ago....given that you're clearly severely mathematically challenged I'll do that math for you. Seriously, that's the most moronic statement I've heard in months or maybe years, wtf? (http://data.stats.gov.cn/english/)

He meant GDP growth, or ells he's really confused

 

[Sig]

Oops. I meant GDP growth. That's what I get for not proofreading.

I run a somewhat small startup. My annual income growth was several hundred percent the first year, around a hundred percent for the second and third year, and this year will be my lowest ever at probably 75% Funny thing though, I'm far, far better off today with 75% growth then I was with 900% growth in year 1, and I fully expect that my future success will lead to successively lower growth rates. See that's how math works, a rapidly growing emerging economy by mathematical definition will see GDP percentage growth decrease as their economy matures....it's actually a measure of their success. It's far easier to double that 1991 $413B economy than 2018's $13,605B economy. In fact if you look at GDP growth in China, it's been declining since the early 2000s, as we would expect. So slightly less moronic to cite declining GDP growth vs GDP to make your point, but not by much. Comparing GDP growth of economies of vastly different maturities.....again doesn't make any point other than reinforcing that same lack of understanding of economies and mathematical percentages.

 

[GRULSTMRNN]

You still don't seem to get it. All you did is cite statistics, which might be accurate (assuming you meant GDP growth not absolute GDP levels). However, you are comparing apples with oranges. America has been an open, free market for a very long time. China came out of the shackles just a 2-3 decades ago. You have a market with 330 million consumers vs a market with 1.4 billion consumers and productive elements. China WILL take over the US economically, and it might happen in less than 5 years, there is not a single argument or reason that might speak against that. China is not Mozambique that can be bullied into submission. There is not one single thing the US can do about it, even if China plays 100% by the internationally agreed rules of engagement. When an old guy who has lived his life proclaims that he pumped an additional 1kg (from 40kg -> 41kg) of weights last month vs a young dude who pumps 2 to 3 times that weight but performed a little less well last month do you also proclaim the old guy the winner and that he relatively improved? Yes over the past month perhaps but not in the grand scheme of things. One is withering, the other is blossoming. Big difference.

Since the trade war started in early 2018, our economy has been strong. The Fed increased interest rates 4 times following the onset of the trade war prior to the cut last month. Our GDP growth matched the highest rate we've had in the past 13 years. We have the lowest unemployment rate in 50 years. For the first time ever, we had more open jobs than people seeking employment.

Since the trade war started, China has been bleeding. They had the worst GDP growth they've had in 27 years. They started pumping stimulus into the economy last year, and they're planning even more stimulus this year. As was posted earlier in this thread, their stock market has fallen a lot lower than ours as well. They've lost a lot of wealth.

China has had an impressive GDP for a long time. We would too if we allowed our businesses to pay their employees less than $1 per hour.