China records 11.1% GDP growth. Inflation 3%.Foreign exchange rate stable. Why other countries cannot replicat

Other emerging economies such as India are struggling to achieve this combination. Mexico once rose and then went bust. It happened with other South East Asian economies. What is the secret of China?

China records 11.1% GDP growth. Inflation 3%.Foreign exchange rate stable. Why other countries cannot replicat
The secret is not allowing anyone to check your GDP calculations. GDP = C + I + G + (IM - EX). Low consumption (for now relative to US), high savings? investment? (who knows?), high or low government spending (maybe, maybe not...again, who knows?) . Positive trade balance...sure, why not...everything but trade is taken at the Chinese government's word. It's like George Bush telling us that Iraq was making WMDs...fictitious.
Reply:Don't worry lah just print more cash will solve the problem, noone know about it. hehe today print techno are very advance. lol.Wat? your paper thinking is it? Oils nowadays is never affect by inflation or whatsoever. Ask bush, bushy also know about it. Are u sure just China only? Privacy it's everywhere. Singapore herself also too worse of all she stole her own citizen's hardwork for their own living too! A good day of LOL! again.
Reply:Seemingly endless supply of cheap labor and a willingness to cater to the global market and adapt new technologies and a lack of environmental and labor regulation. This too will cycle out as its lower classes develop upper-middle class expectations, and their definition of a living wage evolves.
Reply:the answer is simple. china is communist. it believes in first empowering its people and then entering the world economic system. so the educated economy and the adjustment of national priorities ensures that development is systematic, sustained and long term. countries like india and mexico, have seen booms only in one or two sectors of the economy and try to encash only on that. a couple of sectors do not make an economy. developing world will have to get their national economic and political priorities right before they think of integrating into the gloabl capitalist system.
Reply:Trade imbalance. We in the U.S. are gobbling up Chinese goods like crazy! AND Bush got us indebted to Chinese banks with loans for the war. :(
Reply:Truth is that China has, in history, always had the potential to be the leading nation on earth. This is due to both its population and its vast natural resources. Roughly 1,000 years ago China was the most advanced nation on earth.





Then after centuries of infighting and bad governments China has lagged behind the world while countries like America, UK, Germany has made advances.





Recently the government in China have improved (economically). They are finally managing the country more efficiently and due to the population and resources being plentiful huge strides forward are possible.





You must bare in mind that China is still quite poor when you look at the quality of life for its citizens. The double figure growth won't last forever but it should continue to do so until China has reached close to what its potentials indicate.





The balance is still very fragile and a few bad decisions in the future could send China crashing like the other countries you cited. There is a fine balance between government intervention and market economy in developing countries. When the balance is lost it all crashes terribly. Luckily, that balance is kept tentatively for the last 15-20 years in China. Who knows what will happen in the future.
Reply:there learders.
Reply:Well, two of their secrets are: (1) Copyright infringement, and (2) Digital piracy. China is the world's worst offender when it comes to illegal copies of software, video games, CDs, DVDs, and designer clothes and accessories. They estimate over 80% of the pirated software in the entire world comes from China. So one thing they're doing is selling illegal copies or cheap knock-offs to anyone who is dumb enough to buy them or simply doesn't care.
Reply:Actually what China does is they have a fixed rate exchange with other currencies so if one countries Currency devalues it still would have the same exchange rate. Many countries including the USA and Europe do not like it because china's economy is growing but it's exchange rate is not changing. In general with china's trade surplus their currency should start to come closer tothat of USA and Euro. Which would make labor prices go up and so on. In essence they are cheating so they can keep prices low so they can export a large amount of their goods. So long story short China is cheating the system
Reply:It is because in China everyone are forced to work in in labor camps as slaves and the army will kill everyone that tries to escape. We should invade China a long time ago.
Reply:First of all, it's relatively easy to get significant growth from an economic state that was previously depressed. When China started to embrace capitalism, they started to realize economin benifits. (along with the consequences of course) The true test will be to see how long they can sustain this growth after America stops subsidizing their prosperity with a grossly unequal trade balance.