this post was submitted on 05 Feb 2024
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One data point doesn't make a trend. The Chinese economy isn't collapsed, but the rate of growth of GDP for China has been negative (rate of growth, it's still positive growth) since at least 2012 from what I can see. The US rate of growth is fairly static over the same time (a slightly positive rate of growth, but not much), but about half the value of China's.
Don't cherry pick data. It's not useful.
You're the one doing mental gymnastics here. "Oh yeah the Chinese economy is growing every year but it's not GROWING growing, you see if you jumble the numbers a bit more you can actually get a negative number" fuck off dude.
I'm not jumbling numbers. Just look at a chart of GDP over time, or easier GDP change over time. It's easy to see. I'm not saying China is collapsing, but the growth is slowing. There's no need to make things up. It's still growing faster than almost anyone else.
Yeah look at the numbers why don’t you. IMF you are using predicts G7 will do far worse than China. In fact the forecast for the US in 2024 is just 1%.
So you might have made a point about global slowdown where China is still outperforming everyone, but you chose something else…