Comments by "Vale Tudo" (@valetudo1569) on "China's economic challenges cause concern as GDP is expected to decline" video.

China is not collapsing anytime soon but a Japan era slowdown is likely by the end of the decade. 1. China is about 65% of US total GDP, so comparing the 3% to the 5% (not 5.5) doesn't work. The bigger you are, the slower you grow. 2. I'm not sure about the accuracy of your 20 million manufacturing job openings. What I do know is there is high youth unemployment and many college educated kids don't want manufacturing jobs. 3. Chinese economy is currently not based on advanced manufacturing. They want to do this, but it currently is not. 4. Much of the growth this year was fueled by supply-side government debt spending in infrastructure and manufacturing. Most of credit expansion was from local governments and SOE's, and not private business investment. Here is the thing - if the economy was organically growing at 5%, why are corporate profits flat or down? Its if an economy growing at 5% than corporate profits should be up more than 5% (I've seen 8% estimated). This would suggest that a lot of this growth is going to unproductive assets fueled by government spending...and not actually creating much value.
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China is about 65% of US total GDP, so comparing the 3% to the 5% (not 5.5) doesn't work. The bigger you are, the slower you grow. Actual debt to GDP is about 280%, when the US was the size of China it was 70%. This is unsustainable and a Japan style stagnation period is likely, as they follow the same investment led economic model. Both created miracle like growth for a time, but is followed by long period of stagnation once the debt burden becomes too great. To be fair, the US is also on an unsustainable debt path that it will one day have to answer for. Its just that China is much further along + at a much lower stage of development.
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@lvjinbin28 Lol okay
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