China Economy: News & Discussion

f3243007008

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Government of India runs plenty of camps, medical services and so on for homeless people.

It doesn't bring down the number zero. I didn't post URLs or images as it's a waste of time. As long as stats say Chinese homeless population exceeds 0.2%, posting pictures is non of relevance.

http://www.businessinsider.com/china-1-million-homeless-children-2012-11

http://gbtimes.com/life/homelessness-china

You show a lot of China doing not good , and can you please show something India doing good ,
So China can learn from India.
thanks
 

f3243007008

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Qingdao, a city in Shandong Province, covers a total area of 11,282 square kilometers, with a total resident population of 9.205 million in 2017. In 2019, the regional GDP was 1,174.131 billion yuan, ranking 12th in China.


 

f3243007008

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@f3243007008 to me Falun gong is like something Yoga, that could have taken over the world, in simple exercises anyone can do.

I can understand government employees hate ( bcz of Jiang Zemin, and now CCP cannot take back their words), but why do normal people hate Falun gong? Why is considered a cult?

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How do you think Gurmeet Ram Rahim Singh?
 

f3243007008

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Urumqi, the capital of Xinjiang Uygur Autonomous Region, has a total area of 14,216.3 square kilometers, a built-up area of 436 square kilometers, a resident population of 3.5558 million, a urban population of 2.157 million, and an urbanization rate of 74.61%.
In 2018, Urumqi achieved a total GDP of 309.9 billion yuan, the GDP exceeded 300 billion for the first time, and the nominal growth rate was 13.51%. Based on the resident population of 3.51 million people, the per capita GDP was 88,100 yuan, about 133,000 US dollars;




Bird’s-eye China: Xinjiang Uygur Autonomous Region
 

asianobserve

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Coronavirus impact: Millions of Chinese firms face collapse if banks don’t act fast
  • A survey of small- and medium-sized Chinese firms conducted this month showed that a third of respondents only had enough cash to cover fixed expenses for a month, with another third running out within two months
  • Support from China’s banking giants in response to the outbreak has so far been piecemeal, mostly earmarked for directly combating the virus
https://www.google.com/amp/s/www.li...-banks-don-t-act-fast/amp-11582424789662.html
 

Hiranyaksha

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Coronavirus impact: Millions of Chinese firms face collapse if banks don’t act fast



    • A survey of small- and medium-sized Chinese firms conducted this month showed that a third of respondents only had enough cash to cover fixed expenses for a month, with another third running out within two months
    • Support from China’s banking giants in response to the outbreak has so far been piecemeal, mostly earmarked for directly combating the virus
https://www.google.com/amp/s/www.li...-banks-don-t-act-fast/amp-11582424789662.html
This is exactly what I am afraid of. 2.5-3 months of lockdown can easily bring any manufacturing based economy to knees.
___________________________________________
 

Armand2REP

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Coronavirus: Car sales in China fall 92% in February
  • 21 February 2020
I
Car sales in China fell 92% in the first half of February as the coronavirus shutdown took its toll, according to an industry trade body.

Car dealerships have remained closed while buyers have stayed away to prevent the spread of the deadly virus.

Nationwide car sales slumped 96% in the first week of February to a daily average of just 811 vehicles.

The China Passenger Car Association (CPCA) said it hoped sales would pick up as more showrooms reopened.

"There was barely anybody at car dealers in the first week of February as most people stayed at home," said CPCA secretary general Cui Dongshu.

https://www.bbc.com/news/business-51583348
 

asianobserve

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This is exactly what I am afraid of. 2.5-3 months of lockdown can easily bring any manufacturing based economy to knees.
___________________________________________

That's why the CCP is ordering its population to return to work. But that would only spread further the virus... it's a Catch-22 they're in right now. Their own making I must say....
 

Hari Sud

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Haldiram

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What do you think is happening in China ?
Dow and Jones is set to dive for more than 400 points. Things look much worse. Any insight ?
All put options in global markets are net short in anticipation of a crash. When consensus view is net short, the shortsellers unwittingly end up blocking a big downward move because they are the ones creating the temporary demand by buying to cover their shorts.

Conclusive crashes that lead to a long bear phase start with at least a 5-10% crash at the Index level. Conversely, even with the barrage of bad news this year, bad GDP, trade war, Iran war, Aramco attack, Corona, the markets have remained afloat so there's some value emerging at those levels. Everyone and their kitten knows that a crash is coming. And the markets are giving you a convenient exit route to exit at a minimal loss. If someone bought something last week at 100, the market has enough liquidity to let him exit at 99. Crashes aise sabko advertise karke nahi hote and they rarely give you a dignified exit like this.

When smart money leaves the market, they dump their goods wholesale and the market goes down 20% in a single day. This is designed to trap people in a sudden move. Such dumping usually happens before the barrage of bad news starts, when the consensus view is oblivious and bullish and smart money is shorting. That suddenness is missing. Here the junta is shorting and smart money seems to be net long. Otherwise it would have fallen much more than these daily fluctuations.

Crash wali feeling nahi aa rahi hai, bluff wali feeling aa rahi hai. -200 point correction on the Dow is just a -0.70% flicker.

Even Nifty is hovering in the -2% + 2% volatility zone. 11800 to 12200. Agar markit ko crash hona hota toh Corona ka bahana bana ke 10000 touch kar leti. The herd is selling and cashing out at every bad news and the smart money is buying at discount rates. The smart money is smart enough not to announce an impending crash from the rooftops, like they are doing on a daily basis now. The intensity of the bad news and the intensity of the correction is not matching. The world is going to end and markets are only -1% down? at least -5% toh gir jao.
 
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f3243007008

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‘Just drive outside of Shanghai and see your own social breakdowns. These were visible when western reporters went looking for precautions being taken to beat back coronavirus only in early January.. Later your communist bosses blocked all picture taking and threw the reporters out.
drive outside of Shanghai

One more thing , China develop so fast , a area 5 years later will totally different.



 

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