Author: saltandpepper

China's 2020 GDP forecast to reach 100 trillion yuan [Copy link] 中文

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Post time 2012-11-29 17:33:43 |Display all floors
satsu_jin Post time: 2012-11-29 16:56
What does this have to do with the value of a foreign currency???

Hundred trillion yuan.....you are talking run away inflation.
I've made my living, Mr. Thompson, in large part as a gambler. Some days I make twenty bets, some days I make none. There are weeks, sometimes months, in fact, when I don't make any bet at all because ...

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Post time 2012-11-29 18:51:02 |Display all floors
Revolutionar Post time: 2012-11-29 18:33
Hundred trillion yuan.....you are talking run away inflation.

No, not a run away inflation. Here is the calculation:

GDP as of 31.12.2011   -   47,2 trillion CNY  -  estimated 8% GDP increase in 2012 results to 51 trillion CNY

If I estimate an average of 8% over the next 8 years it will result in a GDP of 94,5 trillion. Give a year or two with a slightly higher increase than 8% and you are comfortably at 100 trillion CNY.  This is neither magic nor does inflation play an excessive role.

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Post time 2012-12-1 04:58:10 |Display all floors
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Post time 2012-12-1 05:03:04 |Display all floors
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Post time 2012-12-1 05:23:52 |Display all floors
saltandpepper Post time: 2012-12-1 04:58
This should now be the new leadership of mr Xi's task.

Xi is very smat man, he will do exactly that


China didn't become number one econmic power by accident, leadership of China have lot to do with it.

Smart educated and no foreing influence and intrigue in internal affairs is secet ingredient of this never see before success of Peoples Republic.

just keep it that way and do not let nonChinese in inner circle..................never let them in!!

It is your country you do it your way , it work!!!!

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Post time 2012-12-1 05:38:49 |Display all floors
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Post time 2012-12-2 06:01:20 |Display all floors
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