China-US: Who has performed better

[GRULSTMRNN]

Well, we all could have safely assumed he was talking about GDP growth ;-)

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/)

 

[LS1Z28]

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.

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.

I understand what both of you are saying, and you're right. I know that we have vastly different economies. It isn't an apples to apples comparison. The point I was trying to make is that our economy got stronger following the onset of the trade war and China's got weaker. I wasn't basing that statement off of a head to head comparison of economies. I was basing it off of how each individual economy performed in 2018 as compared to how they've performed over the past few years. Of course that doesn't mean that we'll ultimately win the trade war, but it answers the question posed by this thread.

 

[REDP1800]

china us besting us. the chart comparison indexed is not really the best chinese etf. statistics dont lie but liars use statistics. anyone who thinks we can beat china economically needs to wake up! here are a couple charts indexed off of the largest narket cap etfs for china vs usa. post to follow. buy bidu. retire in 10 years.

 

[Stockolio]

china us besting us. the chart comparison indexed is not really the best chinese etf. statistics dont lie but liars use statistics. anyone who thinks we can beat china economically needs to wake up! here are a couple charts indexed off of the largest narket cap etfs for china vs usa. post to follow. buy bidu. retire in 10 years.

Hey clown, read the thread I just posted... I don't care who " won ", there's big trouble in lil china

 

[REDP1800]

there is not big trouble in china. the usa etfs are a very poor exanple on purpose of what the chinese mkts are doing! u cannot beat 1 billion people.. anyway chinas stock mkts are double ours for ytd return. you cannot use an etf that cherry picks an index. here are the real china versus usa stock mkt stats
dow 11% ytd. china 100 to 500 all above 20%.

 

[REDP1800]

Hey clown, read the thread I just posted... I don't care who " won ", there's big trouble in lil china

typical on this site to get name calling from someone who is so far from elite he thinks 1 etf chart shows the truth. idiots on here.

 

[Stockolio]

typical on this site to get name calling from someone who is so far from elite he thinks 1 etf chart shows the truth. idiots on here.

https://www.nytimes.com/2019/08/06/business/china-cash-commercial-acceptances.html

Lil china had around 210 Billion in I.O.Us as of February 2019 according to government estimates... Reality right now could be 400-500 Billion easyyy

Now you tell me who won ? china was beyond fucked before the tariffs, but the tariffs got the Yuan at 7.08, unable to defend it anymore, no more USD for you! Too many forward FX swaps, PBOC can't run from the years of massive Eurodollar loans... Their busto, capisce ?

 

[REDP1800]

https://www.nytimes.com/2019/08/06/business/china-cash-commercial-acceptances.html

Lil china had around 210 Billion in I.O.Us as of February 2019 according to government estimates... Reality right now could be 400-500 Billion easyyy

Now you tell me who won ? china was beyond fucked before the tariffs, but the tariffs got the Yuan at 7.08, unable to defend it anymore, no more USD for you! Too many forward FX swaps, PBOC can't run from the years of massive Eurodollar loans... Their busto, capisce ?

lol. our farmers are paying the price and so are us citizens in farmer bailouts and chinese products.. we are at what 24 trilion..thay have 1 billion in pop..small amt per person. 300 versus like 60000 per person usa

 

[Stockolio]

lol. our farmers are paying the price and so are us citizens in farmer bailouts and chinese products.. we are at what 24 trilion..thay have 1 billion in pop..small amt per person. 300 versus like 60000 per person usa

On your bike... You understand I.O.Us ? It's just a piece of paper saying I will pay you in the future, it's not a legal tender, and 500 Billion more or less circulating in the economy ? LOL they are officially playing Monopoly in china, it's a circus, you'd fit in! It'll crash like nobody's business

Mr T and Cramer are looking to check mate china...

https://twitter.com/x/status/1158776846319783937

 

[Alexpung]

there is not big trouble in china. the usa etfs are a very poor exanple on purpose of what the chinese mkts are doing! u cannot beat 1 billion people.. anyway chinas stock mkts are double ours for ytd return. you cannot use an etf that cherry picks an index. here are the real china versus usa stock mkt stats
dow 11% ytd. china 100 to 500 all above 20%.

Yet The almighty CSI index 100/200/300 are still far below their all time high, especially the 100 which has not yet recovered from the 2008 crash.

The Chinese indexes deliver poor return as their central bank interest rate and inflation is far above that of the US.