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岳东晓

Zhen Zhu Wan Online Community Club of Elite Chinese

Zhen Zhu Wan Online Community Club of Elite Chinese


Trump and China have a lot of cooperation behind the door despite the drama
Replying to: TRUMP TO BLAME GREAT DEPRESSION 2 ON ALL CHINA PEOPLE -- Jai Hindi Post ReplyForum


sinbad

04/09/2020, 06:54:11




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China's economy is tightly connected to the US despite Peter Navarro's anti-China wish of decoupling it.  

The next 5 decades will be the East Asia decades and the US can't ill afford to decouple. 

China, Korea, Japan, Taiwan, Singapore, Hong Kong and overseas Chinese in South East Asia will continue to grow stronger economically.

India on the other hand will remain a sub-Saharan economy with a GDP per capita at the level of the poor African countries. 

India needs to create 12 million new jobs every year to just sustain the economy, not grow it.  That means it needs to have an annual 9% economy growth. 

Previously, it was at 4% and millions of people are unemployed. 

With the current crisis, at a 2% growth, hundreds of millions will be unemployed and the eocnomy may shrink to the poorest of poor African countries.





Formerly Alecto. Truce Bro.....

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