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  1. Daredevil

    China Economy: News & Discussion

    People's republics There are growing doubts over the sustainability of China's authoritarian model of development and greater recent praise for India's democratic version. In October, US President Barack Obama's economic adviser Larry Summers told a meeting of business leaders in Mumbai that...
  2. Daredevil

    China Economy: News & Discussion

    OK enough of democracy discussion. This thread is about China's economy, so stick to the topic.
  3. Daredevil

    China Economy: News & Discussion

    China's growth story has come at a steep cost due to corner cutting nature of CCP. The extent of pollution and toxicity in China's waters and airs is simply astounding. I hope they will clean up their act sooner than later. To quote a senttence form the article "If we can't breathe clean air or...
  4. Daredevil

    China Economy: News & Discussion

    Indian model of growth wins praise over its Chinese rival PTI, Sep 14, 2010, 01.29pm IST BEIJING: Indian economic growth, often described as chaotic and weighed down by poor infrastructure, came in for praise from experts here, compared to more disciplined but highly autocratic Chinese model...
  5. Daredevil

    China Economy: News & Discussion

    Including all bonds in different currencies, the total bonds that China currently holds is $2.5 trillion. The Problem With China's Stash of Cash - WSJ.com
  6. Daredevil

    China Economy: News & Discussion

    So what is the game plan of China in buying other countries' debt. Is it due to lack of RoI on Chinese investments or some ulterior intentions against in these countries.
  7. Daredevil

    China Economy: News & Discussion

    I said Chinese (not China) should stop making such claims. On this very thread, badguy (a chinese) claims that China will take over American economy even before 2020.:emot15: Need I say more.
  8. Daredevil

    China Economy: News & Discussion

    Any economy figures that come out of China is now being referred as "Shanghai Statistics" :happy_2: due to the peculiar Chinese characteristics such statistics carry. For example, the GDP growth rates of provincial governments put together is higher than the GDP growth rate that CCP declares...
  9. Daredevil

    China Economy: News & Discussion

    Exactly, Chinese should stop claims projecting the China's economy overtaking of American economy in 15-20 years.
  10. Daredevil

    China Economy: News & Discussion

    Why Foreign Businesses in China Are Getting Mad By Chengcheng Jiang / Beijing Foreign businesses in China are voicing growing frustration about the country's heavily regulated market — a bureaucratic maze many say is designed deliberately to hamstring non-Chinese players to the advantage of...
  11. Daredevil

    China Economy: News & Discussion

    China U-turn on enforced power cuts in Hebei Cyclists pass through thick pollution from a factory in Hebei province (2006) Hebei province accounts for a quarter of the China's total steel production capacity Thousands of people in China are to have their electricity restored after the...
  12. Daredevil

    China Economy: News & Discussion

    New Chinese labour laws may force flight of foreign investment news 07 September 2010 Overseas companies may no longer find China a lucrative country to set up manufacturing units after the newly-drafted labour laws in southern China's Shenzhen special economic zone (SEZ) wer e...
  13. Daredevil

    China Economy: News & Discussion

    In China the problem is not that of oversupply of apartments but the exorbitant prices that these vacant apartments demand. As long as this artificially driven price bubble doesn't break and make the apartments more affordable to the average Chinese they will remain vacant.
  14. Daredevil

    China Economy: News & Discussion

    China is going to grapple with one big "over capacity" problem, be it vacant apartments, vacant cities, vacant steel plants and vacant manufacturing facilities, due to appreciation of Chinese currency and increase in the labor wages. Some thing gotta give and that will be China's growth.
  15. Daredevil

    China Economy: News & Discussion

    Why don't you bring some good news on Chinese economy. We can discuss on those issues as well. You are not prohibited from posting here in any way.
  16. Daredevil

    China Economy: News & Discussion

    Property prices are very expensive in Mumbai but it is different in one major way from the property prices in China, all the property gets sold in Mumbai unlike China where there are huge number of buildings remaining vacant. That's the difference.
  17. Daredevil

    China Economy: News & Discussion

    How long China is going to carry on this with Charade?. One day or the other it is going to fall flat on its face. ROI on all these constructions by local governments and the Chinese elite must be negative if one goes by the amount of vacancy of constructed apartments. Property bubble will burst...
  18. Daredevil

    China Economy: News & Discussion

    Lights on or off? By Rose Scobie Looking out the window from the Cloud 9 bar atop Shanghai's Jinmao tower I could not quite wrap my head around the fact that I was not in an airplane. I thought the visual experience of witnessing a toy-size city could only be had on an aircraft, or the Peter...
  19. Daredevil

    China Economy: News & Discussion

    Seems like a melamine laced milk scandal except that now Oil is laced with carcinogen benzoapyrene. Kudos to China's CCP for its very effective policies and greed.
  20. Daredevil

    China Economy: News & Discussion

    A China Newly Rich and Still Quite Poor By DIDI KIRSTEN TATLOW BEIJING — On a warm Friday evening in August, more than 400 guests at Vogue China's fifth anniversary party milled around in the giant atrium of a hip Beijing hotel, gossiping and guzzling Champagne. Models, including Liu Wen, the...
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