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  1. Bhurki

    China Economy: News & Discussion

    HSR losses can't be looked at directly from 1st order perspective. Even when they produce losses, things like infrastructural services are enablers, making other services in the economy more cost effective and increasing cross regional integration. Just think of the amount of oil import that...
  2. Bhurki

    China Economy: News & Discussion

    I don't see why you're advertising it here..
  3. Bhurki

    China Economy: News & Discussion

    Lol, He certainly put it in a hilarious way. But seriously, there's very little downside to investing in rapid rail, high speed rail systems. You pretty much increase the price of property all along the line, and people don't have to move regularly when they change jobs. Moreover affordable...
  4. Bhurki

    China Economy: News & Discussion

    This will ease the total load on the network. They are creating redundancy in the system to reduce the congestion. When the first high speed line was opened up in 2008, the target was 2020 -10,000 km. But they achieved this by 2013, so new targets were - 2020 - 20,000 km 2030 - 35,000 km...
  5. Bhurki

    China Economy: News & Discussion

    China plans to expand railway network to 200,000 km before 2035, 70,000 km high speed Aug 13, 2020 BEIJING (Reuters) - China plans to expand its railway network, the second largest in the world, by one-third in the next decade and a half, as part of a long-term plan to rev up urbanisation and...
  6. Bhurki

    China Economy: News & Discussion

    China 2020 total government expenditure - Rmb 24.862 trn ($ 3.5 trn) 2019 expenditure - Rmb 22.1 trn ($3.3 trn)
  7. Bhurki

    China Economy: News & Discussion

    Considering $10,000 gdp percapita is required to break into a middle income nation, i'd agree China, in 2020, indeed has become a moderately prosperous society, even though people still exist towards the bottom end of the spectrum in the rural areas.
  8. Bhurki

    China Economy: News & Discussion

    It is fascinating to see India's foreign minister getting smitten with Chinese problem solving skills https://www.livemint.com/news/india/china-prepared-for-what-they-wanted-to-become-india-should-start-jaishankar/amp-11578327962271.html China prepared for what they wanted to become, India...
  9. Bhurki

    China Economy: News & Discussion

    Here's the teaser for main HSR line for 2022 winter olympics connecting Beijing to zhangjiakou..
  10. Bhurki

    China Economy: News & Discussion

    Beware of numbers https://www.forbes.com/sites/kenrapoza/2019/12/06/2020-vision-china-says-economy-will-grow-nearly-6-yet-again/ 2020 Vision: China Says Economy Will Grow Nearly 6% Yet Again
  11. Bhurki

    China Economy: News & Discussion

    http://www.xinhuanet.com/english/2019-11/24/c_138579780.htm China's high-speed railway to stretch 35,000 km by year-end The total length of China's railways will exceed 139,000 km by the end of 2019, according to the company.
  12. Bhurki

    China Economy: News & Discussion

    https://m.sohu.com/a/355270287_682294/?pvid=000115_3w_a 14 high-speed railways and 2 intercity railways have been confirmed to open to traffic during the year, and 12 high-speed railways have been put into trial operation recently. In 2019, approximately 4,260 kilometers of new high-speed...
  13. Bhurki

    China Economy: News & Discussion

    Should read the whole thing before you start to nitpick.
  14. Bhurki

    China Economy: News & Discussion

    Cow protection doesn't really have to do something with religion. It was always economics. Much of agrarian India is lacto-vegetarian. You can't really go through the day without consuming milk products. I was quite surprised by this. Also cattle was used in a massive way for logistics and farm...
  15. Bhurki

    China Economy: News & Discussion

    https://www.google.com/amp/s/amp.cnn.com/cnn/2019/11/18/investing/china-consumers-economy-trade-war/index.html China's shoppers are still going strong "This data suggests that, while the Chinese economy remains under pressure, it may easily tolerate the situation and may not be forced into any...
  16. Bhurki

    China Economy: News & Discussion

    Its not just RCEP, FTA deals in general are not India's game. Other than US,UK and UAE, India has a trade deficit with each of its trading partner. I'd thought it would be easy for India to replace China in a few manufacturing sectors as the low cost exporter, but it seems India's having a bad...
  17. Bhurki

    China Economy: News & Discussion

    Good for shenzhen.......................
  18. Bhurki

    China Economy: News & Discussion

    https://www.bloomberg.com/amp/news/articles/2019-11-01/wto-approves-3-6-billion-in-chinese-trade-sanctions-on-u-s China Wins WTO Case to Sanction $3.6 Billion in U.S. Trade
  19. Bhurki

    China Economy: News & Discussion

    I know, Lanxin and Zhengzhou-xi'an are nightmares for MoR.
  20. Bhurki

    China Economy: News & Discussion

    https://amp.scmp.com/economy/china-economy/article/3034780/beijing-shanghai-high-speed-rail-operator-plans-stock-market Beijing-Shanghai high-speed rail operator plans stock market listing after making US$1.4 billion profit in 2018 According to the filing, published by the China Securities...
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