How did China become a 15 trillion dollar economy and Nigeria oil producing Nation in debt?


Chinas Academic Talent Search Programmes. The Best and the Brightest are identified - and fully sponsored for education in US, UK, Australia, Japan or Singapore as well as Education in Chinese Universities like Tong Ji or Liauquong.

No Minorities or Majorities. A Bao Minority Scholar topped the Lists in 2019 and is presently studying graduating in a Chinese University and will likely do his masters in USA at Stanford or MIT.

Nigeria:


80% Seats in Engineering Colleges and Medical Colleges are reserved based on elite and for politicians.

The Best Talents find themselves abandoned by their Own Governments -

How many % of Doctors came back from overseas to man our hospitals and how many Engineers are really empowered for startups?


80% of Students who study Masters in US or UK or Australia or Canada or Europe or Singapore - return home within 15 years to China to serve their Government Contracts in Research or Engineering or Medicine or Biosciences.

They are offered many benefits - Less Taxes, More incentives, The Gai Bo Program etc etc.


Less than 1% Students return home to Nigeria after 15 years. Sure they do all this flag waving and chanting nonsense but ask them to come home and build the economy, to your tent oh Isreal. We care about ourselves not our country.

The reason - There is nothing for them in Nigeria

Zero Opportunities except a lot of oil and gas from various Niger Delta State.


Economic Development Board sponsored EY awards to Top Entrepreneurs who are awarded $ 10 Million each for their businesses. Xiangshei Xcrow won in 2016 and today has a 81% business domination in China and Asia Pacific.

Chinese government invests $ 70 Billion annually in Innovation and Technopreneurships - the result of which is Tik Tok or Machine Learning AIs or a plethora of advanced patents in China from 2010.


Nigerian Governments contribution to Entrepreneurship. Negligible Tax Incentives, Negligible Benefits but enough talk to fill 20 newspapers for 100 years.

The result is most of our entrepreneurs are Hair Cutting Saloon owners, Yahoo plus rather than owners of Intellectual Technology or Property or own cutting edge MLAIs.



Our Government contributes 100s of billion for Entrepreneurs but so far no idea where bulk of the money is?

Do you know how much the Government contributes to to pay militants and bandits? The Answer- Billions naira every year.


Every Chinese company over a certain revenue must contribute at least 15% of its profits for Research and Development.

The Total R & D Investment by China is a whopping - $ 317 Billion annually or nearly 2.15% of the GDP.

The Total R & D Investment of the whole world is $ 1.64 Trillion - so China spends a whopping 19.33% of the Worlds Research Budget and comes next only to USA (40.64%). Yet in 1990 - USA spent 70.95% of the Worlds Budget while China spent 0.06%. From 1990 to 2020 - the growth of 0.06% to 19.33% is Meteoric.

Out of this - Chinese companies spend 65.8% of this money compared to Foreign Companies which spend only 34.2% of this money

Local Chinese Research outspends Foreign Research by almost 100%

Result - Patents and Advancement


Our corporates outfits dont spend 1% for Research except for some BBN and show facility. With good students straining to run away abroad - the researchers left are of mediocre quality in general.

-Nigeria spent how much? and this has fallen sharply over the last 6 years.

Local Nigerian Research is barely 3% of the Foreign Research

Results - Haircutters, Clerks, Yahoo boys, militants, bandits and political jobber.


Indigineous Defence Industry was a project of the Chinese in the year 1988. They began with lousy fifth rate products but by today - their productions are nearly 80 - 85% or even in some cases 90 - 95% of US or European Standards Manufacture.

They have even began exporting some of these products albeit to countries like Brazil or Pakistan.

They make indigenous Wind Tunnels, Advanced Turbines, Turbofans, Avionics Systems and though they start with Fifth Rate Quality, they always keep improving and within 7–10 years have now achieved around 80% - 85% Global Standard. By 2030 - It is believed they will achieve global standards as they have began investing heavily in Metallurgy and Titanium Alloy Processes and Carbon Fibre Processes.

Best Part - these Industries generate employment for 36 Million Chinese combined.


At Independence, British Legacy, Big Industries already available - Yet even to this day - we import almost 99% if not 100% of our advanced armaments and boast in pride. No wonder bandits and small touts are having a slice of pizza while our military are showing off with bloody careless civilian.

We have been unable to produce a single indigenous Wind Tunnel, Advanced Turbine , Turbofan or Avionics System and import everything from Russia or Israel or UK or Belgium, USA, China etc better still we go hat in hand to beg for aid.

We continuing to wait in queue for 10 years for a mere Aircrafts. Even south Africa dey use us they shine.

Conclusions:-

(a) The Chinese are One Nation. We are a Divided Nation. They want China to achieve supremacy - we want our Community, our Caste, our Religion, our Churches, our Mullahs or Fathers or Priests and our State before focussing on our Country.

(b) The Chinese have always believed - Talent should be cultivated and aimed for Ultimate Growth and Development.

We have always believed on opportunity to steal, loot and after Family Wealth, Caste and Community

(c) The Chinese harness their Gareeb to work in the National Labor Force Scheme and make them productive and use their wealth for promoting research, production and talent

We use all our wealth for feeding the political elites, robbing Niger Delta oil to give them subsidies and ultimately having zoombie promote anything except nonsense and propaganda.

(d) China lies all the time about Political things but are blatantly truthful about everything else. They never ever heap praises on mediocre talent, not even on top talent. We lie about everything but hold our political elites and fake Iman and Pastors in high esteem.

We praise the most mediocre of mediocre example BBN, how deep are your diction and grammar( grammar don't built economy science, mathematics and technology do). We are the best at this: Plotting for each other down fall, promoting ethnicity tribalism,nepotism, favoritism looting and blind loyalty.

That is why they are at 15 Trillion and we are Trillion in debt despite at one point in time, we have Oil windfalls, Oil sold at 100 naira and above.
2020 we borrowed for looting
No money for scientific cutting edge research ,technical driving colleges, engineering schools and hospital equipment.
We are our enemies and no hope in the future. Work hard and create something for your family best advice i always say to myself.
Healthy contribution is welcome.

It's simply their thirst for knowledge, they invested in EDUCATION.

Fingers are not equal

Newphil:
It's simply their thirst for knowledge, they invested in EDUCATION.

. Education Education and Nationhood not tribalism ethnicity favoritism and nepotism

IamWonderful:
Fingers are not equal

. You are richer than China in resources but we are lazy in cutting edge ideals and dwell in self pity.

NIGERIA WILL ONLY BE GREAT WHEN THE SUN STOP SHINNING

CyberEBOLA:
NIGERIA WILL ONLY BE GREAT WHEN THE SUN STOP SHINNING

. Well I feel you but only if we change our mindset

If not for Black sense which I don't know if Black people are cursed race who will prefer to steal his own wealth and give it to white man. If not how can Our Politicians steal Our collective wealth to an amount they can't even account for and dispatch such amaount of money to other Countries. Nigeria have sold crude oil for over 50 years but today we virtually borrow to pay salaries. Nigeria have a Land well suitable for Agriculture but still import Food into the Country. Nigeria sits on thousands of mineral resources but still very poor. No development in Science and tech. Backward University Curriculum. Zero patrotism. High level of corruption in all tiere or government and public offices. Nigeria can only be redemed by true federalism or confederation otherwise disintegration is the way to go. One Region cannot become a parasite sucking other region dry.

It is because we are black and they are white..
If you doubt me, check Africa

You mentioned some of the reasons why China rose but you didn't address the
main reasons Nigeria remains relatively stagnant.

The two biggest ones are the entrenched socialist mindset and overbloated public service(including politicians).

Socialist mindset supports corruption, election rigging and ethnic conflicts.

landforeast:
If not for Black sense which I don't know if Black people are cursed race who will prefer to steal his own wealth and give it to white man. If not how can Our Politicians steal Our collective wealth to an amount they can't even account for and dispatch such amaount of money to other Countries. Nigeria have sold crude oil for over 50 years but today we virtually borrow to pay salaries. Nigeria have a Land well suitable for Agriculture but still import Food into the Country. Nigeria sits on thousands of mineral resources but still very poor. No development in Science and tech. Backward University Curriculum. Zero patrotism. High level of corruption in all tiere or government and public offices. Nigeria can only be redemed by true federalism or confederation otherwise disintegration is the way to go. One Region cannot become a parasite sucking other region dry.

. Until tribalism ethnicity favoritism nepotism and blind loyalty are purged,divide it into 774 Nations we will still be backward.

what you wrote is not the reason why China became a trillion dollars economy!

baralatie:
what you wrote is not the reason why China became a trillion dollars economy!

. Your contribution is welcome.

China has a population of 1.3 billion people with almost all working even kids, Nigeria has population of 200 million people with 40% unemployed,

They are a command economy and they can limit peoples’ choices or compel changes to achieve goals for the greater good. Human beings need to work together in order to accomplish difficult goals. Collaboration makes the work lighter, and having everyone moving in one cohesive direction allows us to make progress efficiently and quickly. However, the major hurdle is that human beings are selfish. Many Nigerian don’t care about goals that are larger than themselves.

solmus:
China has a population of 1.3 billion people with almost all working even kids, Nigeria has population of 200 million people with 40% unemployed,

. So why do Nigerian unemployed,are they lazy?

sirjamesjnr:
. So why do Nigerian unemployed,are they lazy?

China grew from developing country to developed country within 30 years fastest growth ever

But the Strategies they used if Buhari tries it Nigerians would curse him to death

Can Nigeria close it borders completely and begin backward integration?

If Buhari orders no more car importation and we must drive only Innosus, proforce and cars built in Nigeria so that Nigerian Engineering graduate can have job .... Won't people protest

.

Kennyswag:
It is because we are black and they are white..
If you doubt me, check Africa

Not only that.
It is also because we spend precious time, which is money, on tribalism trolling.

solmus:


China grew from developing country to developed country within 30 years fastest growth ever

But the Strategies they used if Buhari tries it Nigerians would curse him to death

Can Nigeria close it borders completely and begin backward integration?

If Buhari orders no more car importation and we must drive only Innosus, proforce and cars built in Nigeria so that Nigerian Engineering graduate can have job .... Won't people protest

.

. In Buhari can become a nationalist by surrounding himself with every Nigerian, If Buhari can shun looting, if Buhari can stop killing,if Buhari can stop supporting bandits if Buhari can be a sincere leader rather than a tyrant, we will gladly strive for a better Nigeria.

See sheep comparing itself to a Lion


Food for a thought

Xisnin:
You mentioned some of the reasons why China rose but you didn't address the
main reasons Nigeria remains relatively stagnant.

The two biggest ones are the entrenched socialist mindset and overbloated public service(including politicians).

Socialist mindset supports corruption, election rigging and ethnic conflicts.

. My write up stated where we failed. Please read it again.

Finnese001:
See sheep comparing itself to a Lion


Food for a thought

You choose the easiest way out of life, hence the sheep. Lions are born

Kennyswag:
It is because we are black and they are white..
If you doubt me, check Africa

. Color has nothing to do with economy development. Why are we doing great overseas. Nigerian are backbone of UK and USA hospitals. Google is your friend

sirjamesjnr:
. In Buhari can become a nationalist by surrounding himself with every Nigerian, If Buhari can shun looting, if Buhari can stop killing,if Buhari can stop supporting bandits if Buhari can be a sincere leader rather than a tyrant, we will gladly strive for a better Nigeria.

This is still the reason we are where we are instead of taking responsibility we simply blame 1 man out of 200 million people ... Everything is Buhari, Buhari and more Buhari... Atleast in China they are all responsible collectively


.

solmus:


This is still the reason we are where we are instead of taking responsibility we simply blame 1 man out of 200 million people ... Everything is Buhari, Buhari and more Buhari... Atleast in China they are all responsible collectively


.

. He is the president, commander-in-chief of armed forces, head of Nigerian government, occupying the highest political position in his party, is a petroleum minister. He is a faithful Muslim believer. Heba father,he is a husband,so he responsible for both positive and negative thing about Nigeria

Nna eh! No qualms
This is so unsophisticated

The all collectively joined hands in making there country great by believing in local production, not like what we have here, where everyone is waiting for FG nd most importantly
The started taking mushin weed serious (cos it helps)

sirjamesjnr:
. My write up stated where we failed. Please read it again.

I read it.
You tried to explain why the Chinese prospered but has nothing
to do with "where we failed".
Chinese and Nigerians are very different people with different beliefs.

That some things work for China doesn't necessarily mean it will work for
any other country. My point is that Nigeria's issues are unique.

Even comparing companies have often being shown to be pointless as
the "success factor" of one company is merely surface knowledge.

sirjamesjnr:
. Color has nothing to do with economy development. Why are we doing great overseas. Nigerian are backbone of UK and USA hospitals. Google is your friend

any proof to your nonsense?

Xisnin:

I read it.
You tried to explain why the Chinese prospered but has nothing
to do with "where we failed".
Chinese and Nigerians are very different people with different beliefs.

That some things work for China doesn't necessarily mean it will work for
any other country. My point is that Nigeria's issues are unique.

Even comparing companies have often being shown to be pointless as
the "success factor" of one company is merely surface knowledge.

. If we develop science, technology, stop looting and close our border what will be the outcome?

Kennyswag:
any proof to your nonsense?

. I won't help you ignorant, if you use abusive words on me. Learn to be civized.

sirjamesjnr:
. If we develop science, technology, stop looting and close our border what will be the outcome?

I don't know as your statement is too generic to warrant a proper analysis.

Even the "stop looting" that seems to resonate with most Nigerians has no
clear meaning. What is looting and what is to stop looting?
If we assume you mean that elected politicians should stop converting public
money to private use, then you have only freed up money which can be used
to subsidize the public, pay higher wages or even create vanity projects.

Xisnin:

I don't know as your statement is too generic to warrant a proper analysis.

Even the "stop looting" that seems to resonate with most Nigerians has no
clear meaning. What is looting and what is to stop looting?
If we assume you mean that elected politicians should stop converting public
money to private use, then you have only freed up money which can be used
to subsidize the public, pay higher wages or even create vanity projects.

. Build cutting edge research and technology, stop looting, is that too difficult for you to understand.