Comments by "KK C" (@k.k.c8670) on "China’s economy defies expectations | DW Business" video.

  1. It is going to be a monumental task to get people to save materially less and consume a lot more like in other economies . That's going against Chinese culture and habits spanning millennia. Some people say they save a lot because there are no safety nets but if you know Chinese history, even during the golden era of some past Dynasties, this was equally a 'problem'. People saved a lot despite robust safety nets in place.
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  2. Together with the US, China has the most number of glo--bal economists and analysts going through its economy's data with a fine c--omb using a myriad of methodologies and data points. GDP is never 100% accu--rate for any economy but I can't dev-iate much for a large economy like this with so many people analyzing it. Many full time.
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  3. That's not considered savings. That's investment and/or consumption.
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  4. Together with the US, China has the most number of glo--bal economists and analysts going through its economy's data with a fine c--omb using a myriad of methodologies and data points. GDP is never 100% accu--rate for any economy but I can't dev-iate much for a large economy like this with so many people analyzing it. Many full time.
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  5.  @AaronOkeanos  are you an eminent economist or analyst?
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  6. 33 billion? China received over 160 B in 2023. Down from 2022 but still multiple times more than India
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  7. Together with the US, China has the most number of glo--bal economists and analysts going through its economy's data with a fine c--omb using a myriad of methodologies and data points. GDP is never 100% accu--rate for any economy but I can't dev-iate much for a large economy like this with so many people analyzing it. Many full time.
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  8.  @ElZilchoYo  nope... Nowhere near the consumption of the west. Can you buy a house in China with 5% down payment? Just look at credit card rolling debt data. And data regarding household savings don't lie!
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  9.  @jiehongfang3625  that certainly is also an issue although that data is over 4 years old. And it surely improves year after year. Meanwhile, here is another 800m people to work with and stimulate consumption, eh. Household savings still hover around 40% regardless.
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  10.  @jaisriram295  errors? Tell me more.
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  11.  @Digmen1  and you know the 'real China'?
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  12. He was very analytical and straight forward
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  13.  @martinlund7987  can you point to some official sources about the number of people who have high school education in China. You mentioned it's only 25% which I find incredibly low.
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  14. Together with the US, China has the most number of global economists and analysts going through its economy's data with a fine comb. Many full timers. GDP numbers are never 100% accurate for anyone but for a large economy like China's you can't deviate by too much.
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  15. DW and hundreds of global economists. But not you and your friends at the bar.
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  16. Instead of min/dlessly tro/-lling. Yes
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  17. Oh stop! He is funded by the Carnegie foundation. You see conspiracies at every turn and in every corner.
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  18. And the guy is funded by the Carnegie foundation. You seems to see con/-spiracies about China at every turn.
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  19. Have you heard of a mortgage? How about spending less than you earn and saving the rest? Those habits have not gone out of style.
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