China Economy: News & Discussion

[srevster]

https://www.nasdaq.com/articles/top-investment-picks-for-2024%3A-india-and-bitcoin

 

[srevster]

Foxconn announced plan to build manufacturing facilities in India

Amid production expansion in India, Foxconn announced a new investment plan. Whether the latest announcement is for mobile phones, EVs, or electronic component manufacturing remains to be seen.

www.digitimes.com

 

[srevster]

https://www.reuters.com/business/energy/saudi-aramco-investment-discussions-with-indian-companies-exec-2024-02-07/

 

[srevster]

Microsoft CEO Satya Nadella Wants To Train 2 Million People In India With AI Skills

Microsoft CEO Satya Nadella said Microsoft will help train millions of people in India in AI and encouraged the country to invest heavily in the emerging technology.

www.forbes.com

 

[srevster]

Wall Street Dumps China; India Emerges As The 'Preferred' Investment Destination

Wall Street Dumps China; India Emerges As The 'Preferred' Investment Destination | Details #wallstreet #dalalstreet #equity #share #sharemarket #stockmarketnews #stocks #stockstobuy #india #china #bond #usa #bloomberg #mint

www.livemint.com

 

[srevster]

Wall Street Snubs China for India in a Historic Markets Shift

Investors are paying close attention to the contrasting trajectories of two of Asia’s greatest powers.

www.bloomberg.com

 

[Azaad]

You don't consume much food because you are poor but that saves the world

So poor that in all our famines we lost a few thousand lives whereas the world's second largest economy - zhongguo lost anywhere between 25-50 million lives. Amazing isn't it ?

Chinese eat three times as much and still imports more food like lobster, wine and caviar for luxury and variety and yet you call them "slaves."

I wonder how many Han slaves living on 1.5 USD per day can afford all those lobsters wines & caviar. According to the late Chinese ex premier Li Keqiang about 600 million Han slaves lived on 1.5 USD per day in May 2020. I think that's why the poor man met an untimely demise.

Today it may be close to a billion. If the unemployment rate for the ages 21-40 educated Chinese is 20% as of mid 2023 post which CCP stopped publishing those figures I'm sure zhonggnanhai must be paying enough social security to this group to afford such luxuries. Better than eating bats & pangolins any day I'd say.

In the real world, inflation is invariably bad while stable food prices are invariably good.

Tell me you're a gaokao fail without telling me you're a gaokao fail.

But you continue use "deflation" as somehow India is better off to make yourself feel better

I'm using internationally generated statistics not CCP approved ones. Your discomfiture is to be expected .

Which one of these "problems" would you rather have as a normal human being?

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BTW, almost all of China's "deflation" is in food. Take that out and inflation is about 2%. People can save money from staples and buy an EV

Just to explain basic economic concepts to low IQ gaokao fail - when does the price of an item , any item , fall ? When the demand for it is high or when it is low ?

And if ordinary people aka Han slaves aren't buying essential items coz they can't afford it, you want them to buy EVs ?

 

[srevster]

SoftBank’s India portfolio value rises 9% to $14 billion

SoftBank swung into profits for the first time in five quarters with a net profit of over $6 billion for the three months ended December, aided by a stock rally in listed firms from Vision Fund I. The investor made a full exit from Zomato and Policybazaar during the year along with PhonePe --...

economictimes.indiatimes.com

 

[srevster]

UAE wealth fund plans $4-5 billion in investments via India’s new finance hub

The regulatory authority for financial services at GIFT City has granted in-principle approval to ADIA to set up the fund

www.livemint.com

 

[srevster]

Global Investors Favor India Over Hong Kong Amidst Market Shift

India surpasses Hong Kong in stock trading value, indicating a shift in Asia's investment landscape. Discover why investors are turning to India.

www.valuethemarkets.com

 

[srevster]

India to be largest global oil demand growth driver through 2030

IEA forecasts growth in country's imports and refining capacity

asia.nikkei.com

 

[Azaad]

WOW!!!

Almost 6000(!!!) people on a luxury machine made in China for a trip celebrating Chinese New Year

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I hope those shipyard workers got paid more than 1.5 USD per day . If yes , hopefully they'd spend whatever they've saved thanks to food deflation by buying EVs as per gaokao fail MSS logic.

 

[karn]

Foxconn announced plan to build manufacturing facilities in India

Amid production expansion in India, Foxconn announced a new investment plan. Whether the latest announcement is for mobile phones, EVs, or electronic component manufacturing remains to be seen.

www.digitimes.com

https://www.reuters.com/business/energy/saudi-aramco-investment-discussions-with-indian-companies-exec-2024-02-07/

Microsoft CEO Satya Nadella Wants To Train 2 Million People In India With AI Skills

Microsoft CEO Satya Nadella said Microsoft will help train millions of people in India in AI and encouraged the country to invest heavily in the emerging technology.

www.forbes.com

Wall Street Dumps China; India Emerges As The 'Preferred' Investment Destination

Wall Street Dumps China; India Emerges As The 'Preferred' Investment Destination | Details #wallstreet #dalalstreet #equity #share #sharemarket #stockmarketnews #stocks #stockstobuy #india #china #bond #usa #bloomberg #mint

www.livemint.com

Wall Street Snubs China for India in a Historic Markets Shift

Investors are paying close attention to the contrasting trajectories of two of Asia’s greatest powers.

www.bloomberg.com

SoftBank’s India portfolio value rises 9% to $14 billion

SoftBank swung into profits for the first time in five quarters with a net profit of over $6 billion for the three months ended December, aided by a stock rally in listed firms from Vision Fund I. The investor made a full exit from Zomato and Policybazaar during the year along with PhonePe --...

economictimes.indiatimes.com

UAE wealth fund plans $4-5 billion in investments via India’s new finance hub

The regulatory authority for financial services at GIFT City has granted in-principle approval to ADIA to set up the fund

www.livemint.com

Global Investors Favor India Over Hong Kong Amidst Market Shift

India surpasses Hong Kong in stock trading value, indicating a shift in Asia's investment landscape. Discover why investors are turning to India.

www.valuethemarkets.com

India to be largest global oil demand growth driver through 2030

IEA forecasts growth in country's imports and refining capacity

asia.nikkei.com

Brother .. please .. cross post these to the Indian economy thread .. I don't want to wade thorough this little pink white monkey infested swampland to get news about our own country

 

[Corvus Splendens]

 

[karn]

Don't be shy post the one with sexy Chinese ladies lining up for "Business" as well.

 

[rockdog]

WOW!!!

Almost 6000(!!!) people on a luxury machine made in China for a trip celebrating Chinese New Year

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China on war now:

 

[Blademaster]

i

Switzerland and Norway could invest $100 billion in India

Ties are getting stronger between India and some European economies in the form of a new free trade agreement and enormous investment plans.

www.euronews.com

I hope it’s not at the expense of making drugs cheaply available. I’d rather forgo the investment than giving up the right to sell drugs cheaply.

 

[SexyChineseLady]

China on war now:

 

[rockdog]

Imagining if some tribes from Amazon jungle see this flying dragon...

 

[Azaad]

Good news for the wumao factory here. German economy tripping is a cue to Chinese mfg to take over the mantle & flood Germany with Chinese products now that taking over German companies won't be easy or possible.

The aim here should be total annihilation of the German economy . Trust you know what the fallout would be like .