If the exchange rate is 1 USD to 1 RMB then China's total Gdp is more than USD 130 trillion, that's a super duper large economy ever existed in human history!!! It won't be long for that to happen because US dollar is collapsing and collapsing fast !
Remember one RMB can buy goods, services, and real estate/ rental payments. A dollar does not get you much in the States thanks to tariffs every us over $1.25 at a dollar store.
the widening gap in nominal GDP we saw in past few years is less about the underlying growth of the economies and more about the impact of currency exchange rates, with the US dollar’s strength amplifying the difference. Interms of raw growth china is still growing 3-4 times faster Than US
are you a chinese? are you sure China is massaging data, or are you the one massaging this information😂. get real. IMF has more possibility to massage the info, so as western media😅. or are one of them?
For reference, the US GDP is $28 trillion. But we owe $36 Trillion though. I don't know how much China owes as that is probably not something China would publish.
Not, that is not good. If your currency is too strong then Chinese products will become too expensive for others to buy. Buyers will look for other countries that are cheaper. Then your exports and manufacturing will decline. Your GDP will decline too.
Great 🇨🇳 job China congratulation
All the best China. Proud of you.
From India.
Lets go china
Indonesia loves you
GRANDE CHINA!!! 👏👏💪
Good job China..
From Indonesia..
Gordon Guthrie Chang and Peter Zeihan are crying right now. 🤣🤣🤣
Maybe you don't know her. That lady from Indian media Firstpost reported 2 weeks ago saying China economy if tanking and collapsing.
They’re on the same boat 😂😂😂😂
@alexsean340 , so is Palkee Shameless from Firstpost.
They are working over-time now. So have to be more cautious !
Peter Zeihan is so clueless!!
👍👍👍
Congratulations China! ❤
To counter growing Chinese economy, Indians will make Jaishankar edit with laser eyes.
If the exchange rate is 1 USD to 1 RMB then China's total Gdp is more than USD 130 trillion, that's a super duper large economy ever existed in human history!!!
It won't be long for that to happen because US dollar is collapsing and collapsing fast !
Remember one RMB can buy goods, services, and real estate/ rental payments. A dollar does not get you much in the States thanks to tariffs every us over $1.25 at a dollar store.
i have never seen someone so dumb as the poster of this comment
👍🏻🇨🇳✊🏻✊🏻💪🏻💪🏻💪🏻
Congratulations china 🇨🇳 from 🇳🇵
🎉🎉
Come on China, keep spirit 🎉🎉
the widening gap in nominal GDP we saw in past few years is less about the underlying growth of the economies and more about the impact of currency exchange rates, with the US dollar’s strength amplifying the difference.
Interms of raw growth china is still growing 3-4 times faster Than US
Do you know how to massage the data to put out? The rulers of China did just that.
are you a chinese? are you sure China is massaging data, or are you the one massaging this information😂. get real. IMF has more possibility to massage the info, so as western media😅. or are one of them?
💪💪💪💪
MCGA
Make China Great Alway
Palki, how you want to spin this ?😂🤣
She’ll come up with something
Great China next policy happy new all world countries nice media answer??bawaG world news pakistan
Congratulations from Philippines 🇵🇭🤝🇨🇳
How many times, how many years palki sharma talking about China economy collapsed??? China is become stronger...
👍 🇨🇳
Excellent
It's a wonderful life
Chinese Yuan Value went Down against US Dollar that means in US Dollar Chinese Economy remains the same
Hey, the US is better. We surpassed 36 trillion in national debt. 😢
For reference, the US GDP is $28 trillion.
But we owe $36 Trillion though.
I don't know how much China owes as that is probably not something China would publish.
What's RMB stands for?
Rock Mỹ balls
Ren min bi
Another name for Reminbi is the Yuan.
Reminbi literally means People's Currency
@@HaHaHaHa-f2w Oh! How much is it in dollars
Which is less than $18 trillions.. Is it not even $19 trillion?
By ppp wise already surpassed the USA long ago.
Xi Jingping wanted a 5% growth, he should really thank the Statistical Bureau of China for a job well done.
@@jasonqian The world Bank projected China's GDP growth rate to be 4.9%, not much off from 5%, smart a$$.
我们要做的最重要的事情是如何让像欧元这样强大的货币如此强大，让欧洲人可以在全世界旅行。这是中国或政府必须学习的。否则 t
Not, that is not good. If your currency is too strong then Chinese products will become too expensive for others to buy. Buyers will look for other countries that are cheaper. Then your exports and manufacturing will decline. Your GDP will decline too.
Fake data.
Gordon Chang, Peter zeihan and palki shamer say that too.
you can search on Wikipedia，not just bark
@@Liuzhengcheng The fact that you are telling me to look at Wikipedia for such data is laughable. LOL...
@@cenationofjnu Lying, jealousy, expert on media, self praise, boasting, shameless are made in india....😂😂😂
@@peterneil6859 lol.. No proof only shaming.. But I can understand. That's all ccp have.. Either steal or lie. 😂
China please print more money's 🙏 😢 ❤️ ♥️ 💕 💓 🙏 😢 ❤️ ♥️ 💕 💓 🙏 😢 ❤️ ♥️ 💕 💓 🙏 😢 ❤️
China where's all the jobs for college graduates 🎓 🤔 😅 🙃 👀 😤 🎓 🤔 😅 🙃 👀 😤 🎓 🤔 😅
Of course, Chinas GDP is 4.5times bigger than India even tiny Germany has bigger gdp than India. 😂
wow! 🟢 Hello from Bucharest, Romania - a huge underrated city in Europe:)
Romania is a country which has smaller gdp than tiny Singapore. 😂😂