IMF’s Gopinath on China’s Growth Outlook, Government Policies
International Monetary Fund First Deputy Managing Director Gita Gopinath discusses China’s growth outlook and shares the …
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April 4, 2025
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"Harmony in Every Heartbeat
International Monetary Fund First Deputy Managing Director Gita Gopinath discusses China’s growth outlook and shares the …
source
In other countries GDP is based on numbers that come out. In China GDP is based on numbers that are made up.
Imf will be less significant year by year, they can hold hostage on certain countries with their debt but they still need China but China doesn't need them. Argentina is the best example, a clown thinking he knows everything. China should have just let Argentina collapse or borrow more from the imf if they allow them to by rejecting the currency swap. Than the world will finally understand who's the one that are using the debt trap they accusing China of doing.
Overcapacity ? When Japan fled global market with cheap cars nobody say it's overcapacity when south Korea saturated global market with cheap electronics nobody weep on overcapacity. The industrialization itself is to produce overcapacity so you can export it to other countries. USA giving billions of dollars to its car and other industries in subsidies . When China is supporting it's industry to grow west is giving billions of dollars to corrupt bankers in bale out packages. The people who should be in jail are living lavish life with millions of dollars retirement package. When you use international system of trade to block Russian assets you are weponising dollor China has beaten west in their own game by producing cheap goods with higher standards. It's mind blowing to see China defeat 3 hundred years hedgmoney of west in just 30 years
When an Indian talks, it is best to take their words with a pinch of salt. For example,
1) Modi claimed in late 2019 that India is open defecation free and what happened? A recent joint monitoring programme (JMP) on water, sanitation and hygiene by the World Health Organization and UNICEF released July 1, 2021 stated that at least 15 per cent of the total population in India defecates in the open.
2) "Know your meme: India superpower by 2020". They claimed in year 1998 that they will be superpower by 2020 or earlier? What happened today? GDP per capita not even 3k? Is that a definition of a superpower?
3) India claimed to have landed on the "South Pole" of the Moon. What happened? Two out of the best 3 space agencies of the World (Russia/USA/China) said India did not land on Moon's South Pole.
3A) NASA specifically said "The Chandrayaan-3 landing site is located about 600 kilometers from the Moon’s South Pole.". This is just another diplomatic way of saying India did not land on Moon's South Pole. If India had landed on on Moon's South Pole, NASA would have simply said that "The Chandrayaan-3 landing site is located at the Moon’s South Pole" instead of "The Chandrayaan-3 landing site is located about 600 KILOMETERS FROM the Moon’s South Pole.
3B) Dr Ouyang Ziyuan, lauded as the father of China’s lunar exploration programme, told the Chinese-language Science Times newspaper that the Chandrayaan-3 landing site, at 69 degrees south latitude, was nowhere close to the pole, defined as between 88.5 and 90 degrees.
4) Indians claimed that Modi is the "most popular Prime Minister/leader of the entire world" ages ago before the most recent election of 2024 took place. What happened? He barely won. Under India’s electoral system, the party or alliance that wins more than 272 seats in the 543-member parliament can form a government. Opposition parties including the Indian National Congress won 235 seats. Modi merely won 238 seats. (ASTHA RAJVANSHI TIME). If you are the "most popular Prime Minister/leader of the entire world", you should be having a landslide victory in your country's election?
5) India claimed in year 2010 that they will send Astronaunts into space by year 2015 – 2016? What happened 14 years later after the comment was made? Not even one single Indian Astronaunt was sent into space. "The Indian Space Research Organization is planning to send astronauts to space before the year 2015-16, deputy project director of ISRO's Chandrayaan Mission Jaswinder Singh Khoral said in Chandigarh on Thursday. (Times of India)." This is the statement made by India in year 2010.
6) Indians said that they are the "Global leader of technology" but what technology are they leading and where are their sources and tangible products to back up what they have claimed? Nothing?
7) Indians like to talk extremely big about their Indian CEOs but what is their Indian CEOs on the Global Stage? In the ranking list of "Fortune 500 companies" or "Forbes Global 2000 companies", representing the World's richest/biggest companies, where does India stands? India has merely 55 companies in Forbes Global 2000 companies" and all are not even top 10, not even top 20, not even top 30, not even top 40 but only ranked top 45 (Reliance Industries)? Meanwhile, another similar country in terms of population, China, has 3 of their companies in the top 10 ranking of "Forbes Global 2000 companies" and has 346 companies instead of only 55 companies in that same ranking list? What about India's ranking in "Fortune 500 companies"? India has not even 10 companies in that list and China has 143 companies out of the list of 500 (hence is is called Fortune 500).
8) Indians say that there are no caste system in India? But what are "caste related violence" and why is it still happening? What are the Musahar people and what are their dietary? Has democracy ever had a caste system? No, but only India's version of democracy.
9) India claimed to be the "Voice/Leader" of the Global South Countries but has every country of the "Global South Countries" ever elected a "Voice or Leader" for them? No. If India is the "Voice/Leader" of the Global South Countries, why is it that Maldives, a member country of the Global South Country, wanted "India out"?
10) Indian claimed to be the "World's Fastest Growing Economy" but
Year 1962 India's GDP = 42.16 billion (almost similar GDP to China)
Year 1962 China's GDP = 47.21 billion (almost similar GDP to India)
Year 2022 |ndia's GDP = 3.42 trillion
Year 2022 China's GDP = 17.96 trillion
China's economy is 5 times plus of |ndia.
Source: World Bank
India is "World's Fastest Growing Economy"?
These are merely 10 examples and in fact there are many more.
Dont mind the pink CCP trolls they are either prisoners or paid dirt cheap to fight and irritate comments and contributions. They will do anything to satisfy their god and smell his fart poo bear yet they line up in the usa embassy and consulate offices in Beijing ,Shanghai or otger location for a chance of a visa and to get out of china
International Monetary Fund First Deputy Managing Director Gita Gopinath telling China PRC what they are doing wrong when China PRC is projected 5% plus GDP 2024, compare to USA. Time Gopinath tell the World what US is doing right & repeat it in their own country state, so the World can benefit from US leadership.
China exports = over capacity
Usa exports = economy growth
The desperation of the host in creating anti china propaganda is pitiful
Does the IMF believe China's official economic growth rate?
Some organizations say that China's economic growth rate is actually only 1.5%?
If china claims there are presold houses are not being built n transfer whereas there are lots of unsold properties ideal. Does china creating cream without using milk??😂😂
Presold properties is not built which is very big concern. Pre-sold means confirmed then what's matter for not getting done infrastructure and hand over to each one which waiting for??
China's growth outlook is very bad. Don't listen to them.
Actually China market demand is not weak as you expected. It just a lot imported product have no competence. Like iPhone or Samsung phone
Gita really does look like she wants to cry
Why does the news anchor shout when she speaks?
I guess no one on a major news outlet gets to state the obvious: the U.S. has crippled the W.T.O. for the purposes of maintaining their economic position with illegal trade practices.
How about The US is wayyyyyyy over debt
What overcapacity is a totally BS economic bully term invented by US. The free market will decide what products are overcapacity or not, not by few countries
↗️⬆️ Chinese are huge savers. 🚫 Americans are debtors!
↗️↗️⬆️⬆️ it's much HIGHER.
🚫The USA is ⤵️⤵️⬇️⬇️
There is ONLY one undisputed Unilateral voice representing
the Global West and Allies. Will the WTO, UN, IMF or any other
Organization make any difference. Obviously not because all
these Organizations are owned by the undisputed Unilateral Voice
🙏🙏
IMF forecasts are always wrong
Cheap goods reduce inflation, which is a plus for us commoners.