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Leading Russia media slams China for inflating GDP figures to suit needs of ruling
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Leading Russia media slams China for inflating GDP figures to suit needs of ruling

Leading Russia media slams China for inflating GDP figures to suit needs of ruling class

Leading Russia media slams China for inflating GDP figures to suit needs of ruling

For the second time in recent weeks Russian media, after pulling up China for its Belt and Road Initiative,has criticised Beijing for artificially inflating its GDP figures and accused the ruling class of using this in self-interest.

Leading Russian business daily Kommersant in a detailed commentary titled 'The Deception of the GDP' claimed that the amount of non-productive economic activity in China is huge, which artificially increases the GDP figure.

The criticism of Chinese GDP figures in the leading Russian business daily is significant given that Sino-Russian economic partnership is strong and Beijing imports huge quantities of natural resources from Russia.

Beijing is using this GDP figure to confront GDP figures of Western countries, the daily alleged. This is not to say that there is no unproductive economic activity in the western market economies, but it is far less than such economic activities in China, the daily claimed.

The article went on to say the growth of GDP in China does not necessarily mean the growth in country's economic strength and that its ruling class is using it for its own purposes.

Kommersant cited an example to buttress its argument say “A company built a large stadium. This investment activity did contribute a huge amount to GDP, but it did not create wealth for the company. On the contrary, it reduced the company’s wealth and even contributed to its financial difficulties. In this case, the growth of GDP negatively impacted economic power.”

“There is a very simple statistic to know: 75 percent of the Chinese people’s wealth is in the property market. You don’t need to explain anything else. The Chinese leaders think they are the smartest and can shrink the bubble slowly and painlessly,” the daily quoted an analyst as saying.

Many Chinese experts have graduated from American universities and they should ideally understand functioning of the economy.The calculation of real economic strength should exclude non-productive financial investment from GDP, make adjustments for income distribution, and replace the GDP value with calculations of the basic assets of the society, the daily claimed.

Recently another leading Russian daily newspaper Nezavisimaya Gazeta alleged that several citizens in the central Asian countries believe that China’s“One Belt, One Road” initiative exhibits the intention to “occupy central Asia”. The article claimed that the more actively China promotes the “One Belt, One Road” policy and more money it puts in it, anti-China protests will grow louder in tandem.

haiyaaa ciilaaka luuwa weelas waaa

Gw udeh bilang SICKmen of Asia asu waaa,ntar klo terjadi Mei 98 skala Internasional luuw mo mewek ame siyapee haaa!!!

Kongco dan engkong gw,juga Tiong Hoa Hwee Koan maupun Sin Ming Hui udh gak ade waaa!!!!

Bagi Land of SICK and RETARD luuw oowlang magh cuman Collateral waaa!!! emoticon-Frown
Beri apresiasi terhadap thread ini Gan!

kulihat lu org tolol sampai skrg otaknya tak update krn masih pikir China adalah Sickmen of Asia..

China itu bukan lagi Sickmen of Asia.
China itu satu2nya di asia yg dianggap mampu gantikan dominasi amerika (barat)

hahaiyaa,. .dominasi junjunganmu bule barat amerika (barat) udah memudar
step by step digantikan oleh china ,ras chinese yg paling dibenci olehmu
China's rise signals the end of the global dominance of the west
Leading Russia media slams China for inflating GDP figures to suit needs of ruling
China kalahkan amerika dan menjadi Negara Perdagangan No.1 Dunia
China kalahkan Amerika & menDominasi 10 Perusahaan Terbesar di Dunia
China Kalahkan AS Jadi Importir Minyak Terbesar Dunia
China Kalahkan Amerika dalam Superkomputer Tercepat
China Kalahkan AS Jadi Konsumen Terbesar Dunia
China Lampaui Amerika Dalam Teknologi

junjunganmu bangsa eropa kulit putih juga mengemis bantuan pada chinese yg lu hina sickman of asia
Humiliated Europe forced to beg China for bailout
Help us out, Europe begs China:
China Menguasai Eropa Sejak 2005
junjunganmu bule amerika (barat) juga masih utang duit pada chinese yg lu hina sickman of asia]
Balasan post jiugui

Sial bener si hahaiya di quote sama eluemoticon-Ngakak

Itu aja yg elu punya ? Sampe 50 thn juga akan tetep lu pake tuh klipingemoticon-Big Grin

Ayan tolol dan bego
Suka ngomong sendiri
Balasan post kitten.meow

apa agan masih ikut ajaran ayan ?

kenapa musti menghina ayan

Banyak tokoh2 hebat di dunia ini yg menderita ayan ( epilepsi )
List of people with epilepsy
.santo paulus (saint paul) pendiri christianity itu juga menderita ayan ( epilepsi)
anak christianity itu ikut ajaran santo paulus ( saint paul) [
Balasan post

Mrk ayan pinter dan berguna
Elu siapa? Pesakitan tolol suka ngomong sendiri


Yak ahyan 1 dan ahyan 2 berkolaborasi mengirimkan kliping basi emoticon-Wkwkwk

ruski pinter juga emoticon-Matabelo

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