[JohnRawls]

Right, but for instance countries with 12k weren't considered to be developed at the time.

Actually in 2006 countries with 12k countries be considered to be more or less developed/high income: https://photius.com/rankings/economy/gd ... 006_0.html

The answer is i guess complicated but you get my point.

[wat0n]

Actually in 2006 countries with 12k countries be considered to be more or less developed/high income: https://photius.com/rankings/economy/gd ... 006_0.html

The answer is i guess complicated but you get my point.

I don't think Argentina or Uruguay were regarded as developed back then, or now.

[Igor Antunov]

China has always been interesting to fascists because they expect China will make fascism not just an ok system to have but a popular one also.

Nobody expects that because China does not export its politics abroad, in fact it does trade and investment completely independently from ideology.

[Igor Antunov]

PPP is not a metric of measuring the middle income gap
Nominal is used for that.

The main "idea" behind the income gap is that you need to transition from low wage manufacturing to more advanced sectors on mass because the salaries have went significantly up along with the people requiring more services from the public sector.

That already happened in China about 10 years ago. Value added services and technologies are the name of the game. Most of its low end manufacturing is being moved to south east Asia and Africa by Chinese companies because the cheaper labor costs. Cheap Shoes, mass branded clothes, plastic toys etc. China has been the biggest high tech manufacturer for over a decade now, and the world's second largest service economy with its own knowledge/innovation base formed in the new silicon valley of Asia, Shenzhen; since 2015.

Why do you think the Us is with futility outright banning and sanctioning Chinese technology, fintech and service multinationals, even going as far as to try and command its puppets and clients from engaging with them. They've transitioned into a global threat to their competitors and the competition can't keep up. Show me the 80+ Brazilian or Indian companies the US has fearfully sanctioned recently. Oh wait they don't exist.

So uh, no trap.

What makes China unique is it has retained its domestic supply chains, boosted by infrastructure already far superior to that in the west. This means it will never suffer the fate of the US, its industrial base is not going anywhere.

[Rugoz]

China's relatively low nominal GDP tells us that China's export sector has still relatively low productivity and mainly competes through cheap labor.

That doesn't mean China is trapped, and of course with 1.4bn people it will be a formidable power even if cannot quite match the West in terms of productivity.

[noemon]

Nobody expects that because China does not export its politics abroad, in fact it does trade and investment completely independently from ideology.

You expect, wish and pray for the day that China exports Fascism across the world.

[Rugoz]

You expect, wish and pray for the day that China exports Fascism across the world.

To all the "low-IQ people".

[JohnRawls]

You expect, wish and pray for the day that China exports Fascism across the world.

Very unlikely. The ideal for such people that is easily understandable is strong man in power and international relations governed by something like the concert of Europe of the 19th century. Little do people forget that liberalism destroyed the concert of Europe in the end with 0 assistance and 0 support from outside. The people themselves choose a more liberal democratic systems and all those strongman and monarchs and emperors couldn't do anything about and those who resisted basically perished in to the bowels of history, only those noble families and monarchs who embraced it managed to survive till our day.

[noemon]

Very unlikely. The ideal for such people that is easily understandable is strong man in power and international relations governed by something like the concert of Europe of the 19th century. Little do people forget that liberalism destroyed the concert of Europe in the end with 0 assistance and 0 support from outside. The people themselves choose a more liberal democratic systems and all those strongman and monarchs and emperors couldn't do anything about and those who resisted basically perished in to the bowels of history, only those noble families and monarchs who embraced it managed to survive till our day.

That is called wishful thinking in the past.

You do not see a repeat, but a parody and then a tragedy.

The Hellenic people say:

History repeats itself 3 times, first as the present, second as a parody and third as a tragedy.

[Igor Antunov]

China's relatively low nominal GDP tells us that China's export sector has still relatively low productivity and mainly competes through cheap labor.

That doesn't mean China is trapped, and of course with 1.4bn people it will be a formidable power even if cannot quite match the West in terms of productivity.

No, what it tells us is that China has more people than north america, south america and europe combined and that it takes time for everyone to catch up. 500 million Chinese still only make $2k a year, 300 million still endeavor to move from countryside into cities. The rapid growth is not ending anytime soon. China also has no privatized finance sector and that's probably for the best given how much utter waste goes into the US stock market. It manufactures the most value added complex goods and services you can manufacture. Wechat and its multi-applet capabilities are years beyond anything in the west.

Us bloats its gdp with the finance sector that it shovels printed dollars at. $7 trillion since the start of 2020 alone. Not a cent went into meaningful infrastructure outside of new nuclear plants being built. Microsoft for example paid 0% taxes on 300 billion in income it derived from Chinese manufacturing and primarily global sales. The majority of apples sales growth which similarly dodges its US tax obligations was in china for 2020-2021. US citizens got nothing out of these companies anymore outside of a few jobs, most of which are now abroad, yet the numbers still get logged on the 'muh gdp' tally. China pumped less than $200 billion into the incinerator in the same period. The other trillions went into railways and metros. Soon the petrodollar will become increasingly irrelevant and this endless printing and pumping of stocks will be impossible to do.

Germany has a lower nominal gdp than the US, yet it is the US committing espionage on German companies trying to steal productivity from where it matters-goods manufacturing.

The writing is on the wall: The global economy is decoupling from...the US.

Wall Street bulls charge into China’s opening markets
https://asiatimes.com/2021/06/wall-stre ... g-markets/

Deutsche Bank warns of global 'time bomb' coming due to rising inflation
https://www.cnbc.com/2021/06/07/deutsch ... ation.html

China buys fewer American goods in May; trade surplus grows

China bought $13.11 billion dollars’ worth of goods from the U.S. in May, down from $13.94 billion in April, customs data accessed through Wind Information showed.
While overall Chinese imports from other countries grew at their fastest pace in 10 years — up 51.1% — the pace of growth for imports from the U.S. slowed to 41% in May from a year ago, versus 52% the prior month.

https://www.cnbc.com/2021/06/07/china-b ... grows.html


As of Jan 2021:

Goldman grabs a controlling stake in a wealth management partnership with ICBC

JP Morgan applied to take full control of its mainland securities venture.

BlackRock got 50.1% wealth-management stake in China Construction Bank.

Vanguard has shifted its Asia headquarters from Tokyo to Shanghai.

Citigroup is applying to open a new wholly-owned domestic securities business in China.

HSBC is closing its US retail banking business and accelerating its pivot to China.

French asset manager Amundi is upping its presence via relationships with Bank of China.

Germany’s Schroders gained approval for a majority-owned partnership.

Switzerland’s Credit Suisse has detailed ambitious mainland hiring plans.

Morgan Stanley, Nomura Holdings, Standard Chartered and UBS are all expanding in China

[Rugoz]

No, what it tells us is that China has more people than north america, south america and europe combined and that it takes time for everyone to catch up. 500 million Chinese still only make $2k a year, 300 million still endeavor to move from countryside into cities.

I never said it was not an average, also it's about nominal vs PPP.

The rest of your post is just the usual "China stronk" nonsense. You should write propaganda for the CCP. Ironic, given you're basically a Nazi, or at least closer to being one than anybody else on Pofo. Isn't Fasces an ex-Fascist?

China might not qualify as fascist, but it certainly appeals to the same kind of people.

Very unlikely. The ideal for such people that is easily understandable is strong man in power and international relations governed by something like the concert of Europe of the 19th century. Little do people forget that liberalism destroyed the concert of Europe in the end with 0 assistance and 0 support from outside. The people themselves choose a more liberal democratic systems and all those strongman and monarchs and emperors couldn't do anything about and those who resisted basically perished in to the bowels of history, only those noble families and monarchs who embraced it managed to survive till our day.

The Western European experience is really quite different from the East Asian one. I don't think the democratization of Japan, Korea and Taiwan was a foregone conclusion. Those countries were after all under US protection and influence, which no doubt encouraged the transition (or at least I don't doubt it did).

[ArthurTandy1]

You expect, wish and pray for the day that China exports Fascism across the world.

China is ruled by a Communist Party. How the hell can that be fascism?

[Puffer Fish]

China is ruled by a Communist Party. How the hell can that be fascism?

Obviously you do not understand how similar the two are.

"Fascism" usually carries the implication of extreme totalitarianism and control, with citizens lacking many certain liberties.

[Unthinking Majority]

China is ruled by a Communist Party. How the hell can that be fascism?

Greenland isn't actually green.

[Rich]

The understanding of the present is dominated by people's understanding of the past, and the popular historical consciousness is dominated by two sets of events, World War II and the post 16th century United States. So first off there's a need to see these two sets of events as part of the same simplistic moral pattern. Hence I get cretins accusing me of being a Hitlerphile and a "white" supremacist. I mean how stupid is that? Hitler genocided more "White" people than any other person in history.

According to these people the Japanese are not White, and apparently count as coloured. But White is a colour you (the person with at least half a brain) say, so White people must be coloured. Yes well logic, science and basic facts are not the strong point of your average "Liberal". They never seem to know what colour the Japanese are if they are not White. Anyway Adolf Hitler, the supposed great "White supremacist" as well as genociding more of these supposed White people than any other man in history sided with non-White Japan to try and bring down the "White supremacist" British, French and American empires.

Then we come to the term "fascist". Now it might be nice to think that this obsession with fascism comes out of a hatred of "anti-Semitism". And in the run up to Christmas with Band Aid's "Do they know its Christmas time at all?" ringing in my ears every time I go to the supermarket, it might seem like "The Liberals" really do care about Amharan people. It might seem like "Liberals" obsession with the term "fascism" is because they really care so much about Amharan identity, Amharan culture and the Amharan right to self determination. But sadly no. Believe you me, the average "Liberal" is so ignorant that the line "Do they know its Christmas time at all?" has no sense of irony at all. No they are completely ignorant of the traditional time for the celebration of Christmas in Amharan culture.

Ah but at least the obsession with fascism is justified because this was the great archetypal conflict between "White supremacist" Indo-Europeans and "Black" Semites. No again trust me, the average "Liberal" is so ignorant that they are not even aware that Amharans are Semites. Some are so ignorant that I'm not even sure that they even aware that Mussolini invaded Ethiopia. No the obsession with "Fascism" is related to nothing more than the fact that Mussolini sided with Hitler, so it must have been a fascist alliance. No thought is given to the fact that democratic Finland also sided with Hitler or that Saudi Arabia sided with the allies, or that Poland and Nationalist China were harldy paragons of anti-authoritarianism.

No this is a simplified childish view of history and life. "Fascism" has no narrow defined meaning. It is therefore quite reasonable to say that Fascist Italy was less fascist than the Soviet Union. Mussolini's removal by the king was the very opposite of a totalitarian system.

[starman2003]

It is therefore quite reasonable to say that Fascist Italy was less fascist than the Soviet Union. Mussolini's removal by the king was the very opposite of a totalitarian system.

Italy was a poor environment for fascism. If Mussolini really had his way, it would be "truly" fascist but his main base of support--the church, monarchy and middle class--was no natural ally of fascism.

[late]

"Fascism" has no narrow defined meaning.

Fascism (/ˈfæʃɪzəm/) is a form of far-right, authoritarian ultranationalism[1] characterized by dictatorial power, forcible suppression of opposition, and strong regimentation of society and the economy[2] that rose to prominence in early 20th-century Europe.

https://en.wikipedia.org/wiki/Fascism

[Rich]

You see why is there this obsession with the term fascism, but this almost total disinterest in Mussolini and his fascist supporters. People often talk about the Spanish civil War but rarely address the Italian civil war or remark on the irony that the Republicans lost the civil war but won the peace.

It is my contention that most "Liberals" / Cultural Marxists are ignorant, but that those that are not ignorant work quite hard to keep their confederates that way. knowledgeable "liberals" really don't want people thinking too much about Ethiopia, because it might lead them to start asking some challenging questions, like was Haile Selassie actually less of an imperialist than Mussolini? Was Selassie less of a military expansionist than Mussolini or did he just have an inferior military and economic base? Was Ethiopia actually less fascist than Italy?

Was Haile Selassi's opposition to the Axis, like Al Saud's really one of great moral principle or he could he like the Arab Semite nationalists of Iraq, some of the Arab Semites of Egypt and indeed many of the non Semitic radical Irish nationalists have sided with the Axis if he had judged it in his interests?

Liberals love to go on about the evils of European Empire and Colonialism. The funny thing is when you start looking into the handful of countries that avoided established European colonisation Japan, Nationalist China, Thailand, Ethiopia etc, it doesn't look too good.

Note some people have accused the Somalis like the Kurds of anti Semitism. I disagree for me an anti-Semitic Muslim is an oxymoron.

[Rancid]

China is ruled by a Communist Party. How the hell can that be fascism?

lol whut?

It's "Communist" party by the way.

Anyway, the fact that the answer to the question of this thread (which is yes) isn't obvious to so many here, tells me we are en-route to yet another global conflict. Perhaps, only economic though, which would be better than nuclear.

[Fasces]

People being unable to distinguish between China as it is, warts and all, and "fascist" China as presented in propoganda is what will lead us to war - manufacturing consent for a war everyone loses except a Western oligopoly that hasn't quite finished bleeding the planet dry, cheered on by a lobotomized population happy to finally be the "good guys" again like they were in the 40s.