China seems to be able to record year after year of incredible GDP growth rates. How it achieves this is simply by building more and more infrastructure. Construction spending results in GDP growth which is what the central government wants.
Watch this video below and see the empty city that China has built. Scary indeed.
Unlock Exclusive Deals and Savings: Join Amazon Prime Today!
-
Amazon is celebrating Prime members with a multitude of deals during Prime
Day. The event will offer more deals than ever before, with new deals
dropping e...
3 comments:
Interesting....i wouldnt be surprised if eventually there's another economic collapse in Asia similar to the one in US. But this time, its probably china that'll be pulling the rest of the world with it.
Yes. This is a very interesting video and it opened my eyes to how GDP growth can be "manipulated".
There could be a bubble so we just ought to be careful.
in buisness china last year with other china, singapore-china, thailand-china, vietnam-china, laos-china, korea-china... move from russia and other market to sold product is consumer, situation politicaly russia like president die, gang war, plane crash down and other news . minded in news to helped to where gone do and cheap product lot of people want... quality control is secret buisness. many people want be china knowledge in buisness trade examp. Technology china near to japan tech.......
Post a Comment