Comments by "Bob" (@bobs_toys) on "Secretary Yellen Dumps Cold Water on Chinese Dumping" video.

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  45. ​ @ScoobieDoo-zy1rh  >>per capita gdp is only one measure . However it is incomplete and at best misleading if not used appropriately. Purchasing power parity is much accurate in comparing countries<< I can use PPP if you like. Japan: 46K USD South Korea: 52k USD PRC: 22K USD >>What are the ratios in population trends which makes China newsworthy and not Japan which has an even greater population decline than almost other nations<< To start, there's the "new" in newsworthy. To continue, Japan was in a far better position when it started this decline than the PRC is now. Then there's the rate of decline. In 2000, Japan had a crude birth rate of 10 per thousand in 1990 and 6.8 per thousand in 2020 The PRC had a crude birth rate of 10.41 in 2019 and 6.77 in 2022 Or in other words, what took Japan thirty years took the PRC three. Last year, Japan's was 6.06 while the PRC's was 6.39 >>Japan has had a higher gdp than China for decades but that doesn’t help in reversing this trend<< I said mitigate. Not reverse. And they have far more resources per person to mitigate it. >>Further , South Korea and Japan are even more homogeneous ethnically than China and have even stricter immigration laws, in particular Japan. << 'They can also attract immigrants (even if they really don't want to)' Laws can change. That the PRC needs to attract enough people to compensate for 14x what Japan needs to (even more, considering the ongoing speed of decline) and almost 30x South Korea can't. At least not without taking drastic measures.
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