Scoreboard: China wins 2020 quite easily

Ok so can we reopen Now?

So communism does work?

NorthwestFresh said:

TheKobeStopper said:

So communism does work?

Forced labor camps are definitely good the bottom line. So is building dozens of new coal plants as our dippy new Prez moves the USA into paying much higher energy prices and increasing dependence on OPEC.

China Joe is the CCP’s Big Guy.

Trump was president in 2020.

It's relative

China grew 2.3% in 2020 compared to 6.1% in 2019.

The US was down 4.5% compared to being up 2.2% in 2019.

Even though China still grew, it grew at a much slower rate than previous years. There was a 6.8% GDP difference in 2020, compared to a net 3.9% difference in 2019. Although large, not as significant as the story makes it out to be. Any GDP growth under 5% is pretty devastating to the Chinese economy. China has a current debt level of 250% of it's GDP. Mix into the fact that they have 10 times the number of people, economic growth is a necessity. If they had a -4.5% GDP year, you'd be looking at a civil war or a regime change.

NorthwestFresh said:

greenblood said:

It's relative

China grew 2.3% in 2020 compared to 6.1% in 2019.

The US was down 4.5% compared to being up 2.2% in 2019.

Even though China still grew, it grew at a much slower rate than previous years. There was a 6.8% GDP difference in 2020, compared to a net 3.9% difference. Although large, not as significant as the story makes it out to be.

Growth is growth. Decline is decline. It’s significant.

The US had a year long shut down in 4 of their most populous states, and still only lost 4.5% growth. That is pretty significant

China lied about their numbers and murdered many of their own citizens to achieve a 2.3% gain.