Talk:Economy of China/Archive 3

Archive 1

Archive 2

Archive 3

Need to update China vs World by Nominal GDP per capita for 2021

The images for China vs World by Nominal GDP per capita in 2020 need to be updated for 2021 because the images still showing for 2020. 36.68.218.31 (talk) 09:31, 14 July 2022 (UTC)

Recent debt:GDP edit.

China’s central government debt was 68% of GDP in 2021, according to the IMF. This 270 % figure has no bearing on what is normally thought of as debt-to-GDP. DOR (HK) (talk) 12:35, 22 July 2022 (UTC)

The Lead - 2022

For many years, people have commented on the extreme length of the lead. It seems like time to cut it down. Does anyone have strong opinions on this? JArthur1984 (talk) 20:47, 17 August 2022 (UTC)

Recent updates

Could we please wait until the end of a period of time before stating what the economic numbers might some day be? The year isn't even over, and most certainly the State Statistical Bureau has not released even an estimate for the full year's GDP figures, but some people just have to jump the gun ... DOR (HK) (talk) 14:15, 20 December 2021 (UTC)

Once again: we have no idea what 2022 GDP will be, so it is unencyclopedic to pretend we do. Yes, there are highly respected institutions that conveniently produce figures that may well be a good guess. Given that those guesses were pretty poor in the last two years, and that there are scant few reasons why anyone who needs a 2022 figure would look to Wikipedia, can we please just leave historic numbers -- updated, when needed! -- as the most recently factually accurate data? DOR (HK) (talk) 19:32, 7 January 2022 (UTC)

Announcement of the National Bureau of statistics on the Final Verification of GDP in 2021. Stop undoing the edit. DOR (HK) (talk) 14:15, 27 December 2021 (UTC)— Preceding unsigned comment added by 88.1.129.207 (talk) 20:26, 27 December 2022 (UTC)

You need to provide a proper citation, see WP:REFB; an edit summary isn't the right place to give the source. --David Biddulph (talk) 21:42, 27 December 2022 (UTC)

Totally Misleading Content

GDP figures for this article are completely misleading and unverifiable. China's economy is NOT the biggest economy in the world by nominal GDP and is not expected to be until the 2030s and even that is now in doubt. At most, China's nominal GDP is $20 trillion or slightly higher and is expected to contract in 2023. Please correct this page if you want to maintain credibility! 2604:CA00:15B:31D:0:0:69:1CF9 (talk) 20:00, 7 January 2023 (UTC)

English

Economic of China 117.20.115.12 (talk) 03:40, 22 February 2023 (UTC)

Interpretation of economic literature in "overestimating" and "underestimating" sections.

I find it strange that the "underestimating" section contains a paper by Hunter Clarka, Maxim Pinkovskiya and Xavier Sala-i-Martin, while more recent papers (For example by Martinez in 2021) conclude that China's growth is systematically overstated by a similar light-brightness metric. It would be useful to find a meta-study which compares findings across the literature if at all possible. As of now, the article reads like two undergrads hastily googling whatever they can find. 38.42.234.203 (talk) 22:34, 7 May 2023 (UTC)

Services

The section on services is either incorrect or misleadingly written. Apparently, "In 2015 the services sector produced 52.9% of China's annual GDP, second only to manufacturing." This seems to me like a contradiction, as if its over 50%, there's no way manufacturing is still bigger. — Preceding unsigned comment added by 81.111.29.248 (talk) 16:30, 22 December 2021 (UTC)

What source used for GDP?

I am assuming we should just use the IMF's WEO database for the GDP of China, both nominally and Purchasing Power Parity basis? I just saw someone change the GDP without changing the source in regards to GDP, basing off the National Bureau of Statistics of China. Are we supposed to use the most up to date source, or a source like IMF? Just wondering. China has been known to underestimate/overestimate their own economy, we have a whole section of Western academics and institutions talking about this. I don't want to change it back in case we are allowed to do this, so I just thought I would ask. Thanks. ZachL111 (talk) 07:08, 16 February 2023 (UTC)

With the very few exceptions of extremely underdeveloped economies, the IMF does not estimate recent (historic) GDP. Rather, it uses official sources. Bear in mind that this is good old fashioned nominal GDP in local currency terms as produced by the national statistical authorities. What happens after that – market exchange rate valuations or purchasing power parity – is unrelated to the base figure as generated by the national statistical authorities. To put it another way, the national statistical authorities are the sole legitimate source of most of the world's GDP economic. The IMF just collects these numbers (quite slowly), and so can only be considered a secondary source. DOR (ex-HK) (talk) 15:19, 16 February 2023 (UTC)

Late reply, fair enough. I was more concerned on which source we use, it seems like what you said is most accurate. Yeah, the IMF seems to aggregate all of the NBS equivelants across the world. ZachL111 (talk) 06:46, 6 July 2023 (UTC)

Wiki Education assignment: LLIB 1115 - Intro to Information Research

This article was the subject of a Wiki Education Foundation-supported course assignment, between 21 August 2023 and 8 December 2023. Further details are available on the course page. Student editor(s): HyrumGriff (article contribs).

— Assignment last updated by HyrumGriff (talk) 17:30, 23 October 2023 (UTC)