China Economy: News & Discussion

rockdog

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Why Cherry pick Mercedes Benz only? There are many other companies who too sales the car.
It's Geely not Cherry, Cherry is falling now ...

Automobile world is quite complicated, maybe Geely just have confidence on Chinese luxury car market, and expecting good ROI financially.

Meanwhile, BENZ and BYD have a JV EV brand called Denza in China, even Geely and BYD are competing in China now...
 

HariPrasad-1

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According to the searchs from EU, US and China, 80% of 5G applicaitons will happen in enterprise and government sides, when you see more and more companies coming to agriculture, automobile and pig, cow feeding, it means the 5G is in real shit now.

If you check the stock value of Chinese ICT, Internet, EV companies, the value is times higher within one yr, and Chinese mobile makers are gaining 77% share of India despite Galwan conflict, it's very hard to say they are in down trend.




If you check China's export/import data of 2020, China's trade surfplus to US is still increasing, some US officers admitted they lost trade war against China.

The tricky thing is, when US government release ban on some key techs to China, those US owned companies quickly gained the permissions to supply China again, but other nations' didn't, it now becomes a weapon on business world.

This quite pissed off the EU, and they are investing non-US supply chain to do business with China:

Altmaier estimated that companies would contribute between 60% and 80% of the overall investments, with state subsidies from EU member states ranging between 20% and 40%.


Of course, Huawei would lose like $100 billion income in 5 yrs according to prediction, but after those 5-year tough time, government will finished the localization of key tech supply chain on Chip. Just like how central government did on EV industry 10 yrs ago.

The positive side is, those hot money in China won't invest on real estate to make bigger bubbles, large part of those money are coming to those local Chip R&D and manufacture companies. Market value of those enterprises grows 2-5 times since the trade war begen ...

And if you check the data of India China trade surplus, it has decreased and mport from China is going to be half within 2 years. So far Chinese mobile manufacturing companies are concerned , they all have put their plants in India and India had only two mobile manufacturing companies 6 years back which is now increased to more than 200 Made in India manufacturing units of mobile. It is increasing llapes and bounds and will surplus China in a decade of time or even much earlier. China is no doubt leading in manufacturing today but their edge is shrinking very fast . India is growing very rapidly in automobiles electronics and mobile manufacturing so as some other countries. There are many manufacturing products in which China had almost monopoly is no more a Monopoly business for China.
Things are changing and changing very rapidly. Many substitutes of China are emerging with better quality and competitive price and adantage. It is a matter of time before China is marginalised in many sectors of manufacturing.
 

rockdog

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According to foreign media reports, Indian official data show that in 2020 the bilateral trade volume between India and China will reach 77.7 billion US dollars. Although this amount is lower than in 2019, it is enough to make China India's largest trading partner.

   In the same year, China surpassed the United States for the first time to become the EU's largest trading partner. According to Eurostat data, in 2020 the EU imported 383.5 billion euros of goods from China, an increase of 5.6% over the previous year; exports to China were 202.5 billion euros, an increase of 2.2%. European and American trade has shrunk significantly compared to before the outbreak. EU imports from the United States and exports to the United States have dropped by 13.2% and 8.2% respectively. Among the top ten trading partners of the EU in goods, China is the only one that has achieved two-way trade growth.

  According to the latest official German data, Germany-China trade will grow by 3% against the trend in 2020, reaching a total of 212.1 billion euros. China has been Germany's largest trading partner in the world for the fifth consecutive year.

   Chinese officials have previously stated that China’s international foreign trade market share will reach the highest level in history in 2020, and its status as the largest country in goods trade will be consolidated.
 

rockdog

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China's defense budget this year has increased by 6.8% to 1,355.343 billion yuan! Around $USD200 billion.

According to the government budget report released by the Ministry of Finance at the National People's Congress today (5th), this year's defense expenditure is 1,355.343 billion yuan, an increase of 6.8% over 2020.
Since the growth of military expenditures is calculated in nominal RMB, China's nominal GDP growth of GDP this year is estimated to exceed 10%, so the proportion of military expenditures will not increase.

It is estimated that the proportion of China's military expenditure is around 1.3% of GDP. This ratio is very comfortable. In NATO, the proportion of military expenditure will be too low to take advantage. This has caused the Americans and Japanese to start panting; because we are a regional defense, the Americans are attacking globally.

Given another five years, the tonnage of the Chinese fleet is estimated to be close to that of the United States, and even more than the comprehensive strength of the United States, Japan and South Korea in East Asia.
 

Illusive

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The amount of food wastage China's people do is astounding just to show their wealth.
 

SexyChineseLady

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Chinese eat a lot. Even skinny girls. Maybe there is a shortage because we eat so much? lol

A daily routine for single girls include much cooking and eating!

 

Romediablo

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So who is real ? That Chinese rural girl ,that post fake life in rural china with studio like quality and shit that even Chinese are angry on her on weibo
 

sunshine

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So who is real ? That Chinese rural girl ,that post fake life in rural china with studio like quality and shit that even Chinese are angry on her on weibo
China is very big, and what One send only represents Oneself.
 

HariPrasad-1

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China's defense budget this year has increased by 6.8% to 1,355.343 billion yuan! Around $USD200 billion.

According to the government budget report released by the Ministry of Finance at the National People's Congress today (5th), this year's defense expenditure is 1,355.343 billion yuan, an increase of 6.8% over 2020.
Since the growth of military expenditures is calculated in nominal RMB, China's nominal GDP growth of GDP this year is estimated to exceed 10%, so the proportion of military expenditures will not increase.

It is estimated that the proportion of China's military expenditure is around 1.3% of GDP. This ratio is very comfortable. In NATO, the proportion of military expenditure will be too low to take advantage. This has caused the Americans and Japanese to start panting; because we are a regional defense, the Americans are attacking globally.

Given another five years, the tonnage of the Chinese fleet is estimated to be close to that of the United States, and even more than the comprehensive strength of the United States, Japan and South Korea in East Asia.
However, according to one study, China will loose 40% of its navy if they try to sink one US aircraft carrier. All Chinese aircraft carriers put together can not match a single aircraft carrier of US. One Zumwalt class destroyer can sink how many Chinese ships? I do not know but the figure could be in 2 digit. Seawolf class Sub can sink half of the Chinese navy. F 35 can easily sing any Chinese aircraft carrier. Chinese think that they will dominate US only with numbers. This is a pure Shit. Even Chinese Navy can not mess with Indian navy in Indian ocean. They are wishful thinkers. We saw their Strength in Himalayas.
 

rockdog

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However, according to one study, China will loose 40% of its navy if they try to sink one US aircraft carrier. All Chinese aircraft carriers put together can not match a single aircraft carrier of US. One Zumwalt class destroyer can sink how many Chinese ships? I do not know but the figure could be in 2 digit. Seawolf class Sub can sink half of the Chinese navy. F 35 can easily sing any Chinese aircraft carrier. Chinese think that they will dominate US only with numbers. This is a pure Shit. Even Chinese Navy can not mess with Indian navy in Indian ocean. They are wishful thinkers. We saw their Strength in Himalayas.
I agree with you about this, this report around 10-15 yrs ago and i read it.

I used the game Fleet Command to simulate in SCS region with the whole Chinese navy vs two US AC groups, we lost all thes ship but only sank one US destroyer.

But no one expected within 10 yrs PLAN copy and paste so many warship:
8 055
30 052C, 052D
36 054
70+ 056
2.5 AC
8 071+075
8 094,093 ....

I tried to play the Fleet Command this yr but this old version dosen't support Win7 & Win10.
 

Illusive

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If there were no food, they wouldn't be able to waste it. lol
Hahaha.....man its fun interacting with CCP citizens who talk like they are Sun Tzu

Maybe you could think the other way around? Let me help you dear..........because there is so much food wastage because in China people order more than they can eat, there is a massive culture of food wastage.

The flooding in China didn't help food production either.


I personally don't want CCP citizens to have empty bellies, I just hope the have's think about the have nots in China who might be struggling but can't see them because of censor.
 

sunshine

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The media mislead people to varying degrees, and the information is selected and incomplete,Let ordinary people feel that there are 12 universities in the world’s top 100 universities

In fact, no university in India is ranked in the top 100, the highest is 208 University of Delhi . The media only selects some sub-subjects rankings and Indian universities are in the top 100


Among the top 100 universities are from United States, China, Japan, South Korea, Singapore, Britain, Germany, France, Australia, Belgium, Argentina, Canada, Italy, Chile, New Zealand, Mexico, Brazil, Russia, Spain, Malaysia, Colombia, Switzerland, Denmark
Even Malaysia, Colombia, Mexico, Brazil,Argentina have university in top 100,but the highest university in India rank at 208, media are misleading people
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
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The media mislead people to varying degrees, and the information is selected and incomplete,Let ordinary people feel that there are 12 universities in the world’s top 100 universities

In fact, no university in India is ranked in the top 100, the highest is 208 University of Delhi . The media only selects some sub-subjects rankings and Indian universities are in the top 100


Among the top 100 universities are from United States, China, Japan, South Korea, Singapore, Britain, Germany, France, Australia, Belgium, Argentina, Canada, Italy, Chile, New Zealand, Mexico, Brazil, Russia, Spain, Malaysia, Colombia, Switzerland, Denmark
Even Malaysia, Colombia, Mexico, Brazil,Argentina have university in top 100,but the highest university in India rank at 208, media are misleading people
Ya'll Nibbiars First why are you quoting this in the Chinese economy thread and second it's crealy metioned as The QS World University Rankings by Subject 2021.
 

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