Author: saltandpepper

Chinese economy likely to grow by 8.3% in 2012   [Copy link] 中文

Rank: 8Rank: 8

Post time 2012-3-17 14:06:22 |Display all floors
You cannot compare it with PPP.

I doubt a citizen with a bare looking home, ride a motorcycle can compare to an AMERICAN living in a 2,000sq. ft home, have 2 cars - one a MPV, and a SEDAN. You'll have to use the NOMINAL VALUE as a fair measure!

USA has 1 active vehicle use for every 2 citizens
China only has 1 active vehicle use for every 8 citizen and vehicle quality differs quite large!
For the UK, it's a bit more believable - as the British buy expensive groceries, not really have the same quality vehicles as the USA. The per capita income of UK could be US$80,000 but the REAL INCOME could be less than US$40,000.

Cheerios!

Green DRagon
Game Grandmaster
Enjoying the comedy of life in retirement

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Post time 2012-3-17 19:12:50 |Display all floors
Industrialist Post time: 2012-3-16 11:23
--- Shut the fuk up....lol. How much you want to bet these complaints won't succeed? I'll put my l ...

Weren't you banned?
Your pattern of speech follows a very similar pattern.
Cold Rests the Heart of Darkness.

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Rank: 6Rank: 6

Post time 2012-3-18 17:59:11 |Display all floors
You cannot compare it with PPP.

Well GDP on PPP measures how well the people live on average , and the nominal GDP measures the economic power, of the country, but there are other factors like income inequality , working hours, etc, GDP do not measures free time for example, and GDP do not cover fully  some public services if those are free, etc, and more car accidents means more gdp also earthqukes could increase GDP so it is hard to compare.

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Post time 2012-3-19 04:10:37 |Display all floors
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Post time 2012-3-19 04:13:42 |Display all floors
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Post time 2012-3-19 04:18:56 |Display all floors
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Post time 2012-3-19 04:22:29 |Display all floors
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