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China’s national debt is currently 54.44% of its GDP, a significant increase from 2014 when the national debt was at 41.54% of China’s GDP. China’s national debt is currently over ¥38 trillion (over $5 trillion USD). An International Monetary Fund report from 2015 stated that China’s debt is relatively low, and many economists have dismissed worries over the size of the debt both in its overall size and relative to China’s GDP. China currently has the world’s largest economy and the largest population of 1,415,045,928 people
THEY are changing their model to be aggressive land grabbers instead of world traders... how hard is it to understand that?
originally posted by: Jay-morris
But of course, China want world domination and want to take over the planet! lol
Their debt is in the failure of their plus 10% faked growth goals for decades...their population has invested into real estate that has failed, their buildings are poorly built... you need to look a little more under the hood as to what happening in China.
They are working to build a Navy equal to the US, why is that all of a sudden,
why go after Hong Kong, Taiwan,
expand into Africa
most of Asia
if they were not posturing for further expansion.
originally posted by: Jay-morris
And I have answered this...
Two answers to that. One, because they are surrounded by American basis, and we all know how your government likes to invade countries, or have a hand in their destruction (Iraq and Libya)
And two, why can't they build up their navy? Is there a law that says China cannot do that, and only the West, esp America can?
They have invaded most of Asia too? Please explain further?
if they were not posturing for further expansion.
They are a huge country of 1.4 billion people, AND we are their No 1 customer, so using your logic why would the US ever want to invade them being customer No 1.
I asked why would they build up if they didn't want to extend their foot print? I didn't ask if it was lawful or not...lol
The point is whether China is becoming physically aggressive that is a different model to their bushiness aggressiveness from the past... stay on point...lol
That is the direction they want to go...2049 plan...
No need to reply...
originally posted by: Jay-morris
I answered you! Becsuse they have the right to, and because they are surrounded by bases.
Oh, so you changed from they have most of Asia to they will in the future lol All assumptions!
So...asking as you do... Are bases illegal? Are those bases in Asia because of them or NK?
So the US having bases in Japan, as example, is a threat to China?
We are their no 1 customer that let them get away with corporate murder for like 30 years, they should love us...
If you took from any of my posts that at anytime I meant they physically own Asia that was not my intended.
I have said many times their model to rule the world through communist Government subsidized business and trade was their first goal to become the worlds super power and that is just not happening as they would like.
Their faked growth and never ending loans has caught up to them, and the world is not bending over for them as in they did in the past as they did things like force companies to give up their proprietary rights to do business in China and steal everything else and many other back handed moves.
They are moving to a more aggressive stance and that is why they are pushing India,
Hong Kong, Taiwan while aggressive posturing in many other directions, YES I agree not good for business, but that is not their primary direction anymore.
Believe it or not, I don't care... This is not about whether the US does the same... it is about identifying China's new direction and their 2049 plan kind of shows that.