China has a stronger economy than usa?

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23 Comments

Chinas GDP bt sector

7.9% agriculture
40.5% industry
51% service

USA GDP per sector

0.9% agriculture
18.9% industry
80.2% service

Isnt having your GDP so dependent on services like the US a bit of a weak economy? For example if the economy is weak (a bad recession) people are going to change their own oil instead of paying someone to. People will stop going to the movie theater. People will just quit buying services and thats 80% of the US economy!

If China enters a recession they will always still be able to find someone to buy their products. Kind of like how Russia stays afloat by being so dependent on their resources. Theres always gonna be someone to buy cheap oil like theres always gonna be someone to buy Chinese products. So that seems like a stronger economy to me.

Also it should be noted even though the US only has 0.9% of its GDP by agriculture it still is the number one agricultural country in the world. Thats how massive the us economy is.

If I said something stupid I apologize i have a very basic understanding for economics. I dont pretend I am an expert.

Voting Results
33% Normal
Based on 9 votes (3 yes)
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Comments ( 23 )
  • PurpleHoneycomb
    1 year ago | pl

    China also starved millions of it's people to get that economy so...Yeah.

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    • Anonymous Post Author
      1 year ago

      Im not saying that we should emulate everything china does. But some of the things they have done are good.

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    • hauntedbysandwiches
      1 year ago

      Tbh the USA kinda does that as well

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      • LloydAsher
        1 year ago

        Not really since its practically impossible to starve in the usa.

        All we got is hunger in America. Only people who starve are those who intentionally do it to themselves and neglectful people.

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        • hauntedbysandwiches
          1 year ago

          Lol you can't be serious

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          • LloydAsher
            1 year ago

            Hunger does not equal starving. Yes missing meals is bad, but we dont have people who die of malnutrition unless its attributed to neglect or self caused (mental health issues).

            You can starve in america but it's mostly on you or your guardian if that happens. There are food pantries everywhere, and if you were really starving there will bound to be a person who will give you food/take you to the hospital.

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  • Meatballsandwich
    1 year ago

    Considering China has 1.4 billion people, their economy is actually pretty damn pathetic. It's per-capita that matters.

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    • LloydAsher
      1 year ago

      And by moving into the middle class china removed it's best asset. Cheap labor.

      They got to get by with stolen tech. Which is inferior to tech that has been refined.

      You can steal the end product but you dont get to see the valuable byproducts of its creation that can be used to create better versions or new tech.

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  • LloydAsher
    1 year ago

    Yeah but china does have a bad habit of building entire cities without the intention of anyone actually living in them. They manipulate their currency to fit their needs. And people never own anything.

    Look up the corners chinese architects do to buildings that are expected to have thousands of people living in them.

    These buildings arent expected to stand for more than 20 years. But people buy real estate in the hundreds of thousands because of the housing bubble.

    Totally stable..

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    • Anonymous Post Author
      1 year ago

      The chinese company evergrande, which is also the biggest real-estate company in the world defaulted on their debt late last year and the chinese economy is still doing decent considering covid and supply chain issues.

      You are right though China has done some stupid things but it appears that having strong manufacturing helps an economy.

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      • LloydAsher
        1 year ago

        It's an economy that's only afloat due to the manipulation of the goverment. In the event of war that economy will not survive. As the chinese economy requires imports to survive.

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        • Anonymous Post Author
          1 year ago

          Yeah but the USA also manipulates their economy and the US economy requires imports to survive as well.

          I think in the event of war the US probably comes out better at this point just because of the experience of fighting wars all the time, thats been our thing now for the past 100 years.

          I didnt want to get into a China vs US discussion I more specifically found it interesting how small our industry sector is. Germany has a much larger industry sector than the US (proportional to their GDP)

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  • jethro
    1 year ago

    GDP and Economic output are two different things.

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    • Anonymous Post Author
      1 year ago

      Theres no measure as far as I know for economic output aside from the GDP of the countries industry sector.

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      • jethro
        1 year ago

        Then you need to take an economics class.

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  • jodi1955
    1 year ago

    that because they dont have joe biden if they had him their economy would tank just like ours

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  • Solarith
    1 year ago

    Queer

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  • Tommythecaty
    1 year ago

    The USA is owned by China, it’s really not surprising.

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  • litelander8
    1 year ago

    You live it so much, stick your stubby wiener in it. LOSER.

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  • donteatstuffoffthesidewalk
    1 year ago

    china has been secretly encouraging dog culture in america so their army will have a plentiful food supply when they invade

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  • Yaidin
    1 year ago

    Exactly as you put it, if the economy is shit, people will do it themselves. It's a general rule that countries with a high service sector and low agriculture sector are good economies. Look at an African country, they put most labour into agriculture. A country that's industrializing puts most of its efforts into the industry sector, and finally the modern countries put most their efforts into services.

    If China's economy were to collapse, then there would be a huge problem with both their industry and services for that to happen. If they regress, they go back to aagriculture and industry focused economy. This is very unlikely, for abcountry to regress.

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    • Yaidin
      1 year ago

      But also, GDP per sector doesn't mean everything. You probably know that as well. With the way China is playing it's cards, they could possibly get an even better economic position than the USA. Trumps actions have forced China to sell it's products to other countries, which increases their influence over those countries.

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    • Anonymous Post Author
      1 year ago

      I would argue that things were actually better and more prosperous before in the US when we had a higher industry sector. Alot of those manufacturing jobs were union jobs that paid alot of money! Maybe its better to have a stronger industry sector.

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