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  1. Martian

    China Economy: News & Discussion

    Nominal GDP is based on three factors. 1. Real GDP growth 2. Inflation rate 3. Currency appreciation You made a calculation based solely on real GDP growth rate. You forgot about the other two factors (e.g. inflation rate and currency appreciation). For example, the old exchange rate was 8.26...
  2. Martian

    China Economy: News & Discussion

    China's economic fundamentals are rock-solid | See Brookings Institution According to the Brookings Institution, China's trade-weighted exchange rate has appreciated 50% in the last ten years. Over the same time period, China's merchandise export surplus has exploded from $100 billion in 2005...
  3. Martian

    China Economy: News & Discussion

    China to build world's largest supercollider | GCR China has operated its own linear accelerator, the Beijing Electron Positron Collider (BEPC), for 28 years. The Beijing Electron Positron Collider was upgraded in 2008 and is commonly referred to as BEPC II. China has twice upgraded the...
  4. Martian

    China Economy: News & Discussion

    IMF: China will still be the largest growing economy in 2016 Look at the IMF nominal GDP projections for 2016. China will still be the largest growing economy. The Chinese economy will grow by about $900 billion. Keep in mind that China's nominal GDP is missing $1 trillion from the official...
  5. Martian

    China Economy: News & Discussion

    Taiwanese lab develops smallest-ever transistor - Taipei Times
  6. Martian

    China Economy: News & Discussion

    Taiwan-made cancer drug gains landmark FDA approval in U.S. | Focus Taiwan A Taiwan-developed cancer drug (called Onivyde) "could raise the five-year survival rate for pancreatic cancer patients from 6 percent to 50 percent." Onivyde was developed by Taiwan's National Health Research Institutes...
  7. Martian

    China Economy: News & Discussion

    China's 2014 nominal GDP was $10.4 trillion. Once China moves from the old SNA 1993 to the SNA 2008 accounting standard, the Rhodium Group estimates China's nominal GDP will increase by 13.2% to 16.3%. This would mean an increase of $1.3 to $1.6 trillion in China's nominal GDP. SNA 2008 should...
  8. Martian

    China Economy: News & Discussion

    China's huge $57.7 billion August 2015 trade surplus China Aug trade surplus up, imports collapse | FXStreet
  9. Martian

    China Economy: News & Discussion

    Taiwan Hiwin Endoscopic Robotic System ---------- Touring Taiwan’s Medtech Sector: Hiwin Enters Medical Space | medGadget
  10. Martian

    China Economy: News & Discussion

    Taiwanese beats 20,000 students to win IBM's Master of the Mainframe World Championship Taiwan Today "News Ticker Publication Date: 04/10/2014 Source: Taiwan Today (Courtesy of IBM) Taiwan students turned in top performances at the IBM Master the Mainframe World Championship April 8 in...
  11. Martian

    China Economy: News & Discussion

    Taiwan cancer drug gets OK for US clinical trials | Taiwan Today "Taiwan cancer drug gets OK for US clinical trials Publication Date:03/26/2014 Source: Taiwan Today TMU and NTUCM researchers are pleased with the news that anti-cancer drug MPT0E028 has been approved by the U.S. FDA for...
  12. Martian

    China Economy: News & Discussion

    China crosses milestone: 20th operating nuclear reactor Why is it important that China has 20 operating nuclear reactors? A single gigawatt-class nuclear reactor (like the newly-operational Yangjiang 1) "produces an estimated 293 kilograms of plutonium per year -- enough plutonium every year to...
  13. Martian

    China Economy: News & Discussion

    You are looking at China Shenzhen's Central Business District (CBD). Of course, there are no trees in the middle of the CBD. It is the most valuable real estate in Shenzhen city. However, a daytime picture of Shenzhen shows there is greenery nearby. The Central Business District, also known...
  14. Martian

    China Economy: News & Discussion

    A great way to celebrate the end of Chinese New Year is to note the progress in Shenzhen. My, how far you've come. China Estimates 2013 Growth at 7.6% as Challenges Seen Ahead - Bloomberg Commercial and residential buildings stand illuminated at night in the Luohu district of Shenzhen, China...
  15. Martian

    China Economy: News & Discussion

    1) Technically, I think China did not pass Japan in nominal GDP last year because the standard practice is to use the average currency conversion rate for the year or 2009 (e.g. 6.83 Yuan to 1 U.S. dollar). See http://blogs.wsj.com/chinarealtime/2010/07...l-number-three/ 2) It will be...
  16. Martian

    China Economy: News & Discussion

    China's Nominal GDP Officially Passes Japan's http://english.peopledaily.com.cn/90001/90...62/7050765.html "China's GDP rises 9.1% in 2009, surpassing Japan 16:31, July 02, 2010 Beijing has revved up its 2009 GDP volume at more than US$5.29 trillion, exceeding Japan's US$5.08...
  17. Martian

    China Economy: News & Discussion

    I don't think it's that simple. A higher Yuan will allow most companies to lower the cost of their imports. The lower input price will offset part of the increased asking price for their products. I think the problem is that some export companies will suffer. The Chinese culture is different...
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