China Economy: News & Discussion

FalconSlayers

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"country's inability to get financing for infrastructure" - and this is based on?

14767 projects worth $2 trillion are under various stages of implementation:
Surely you dont think the Indian government has made us all sell our gold to finance $2 trillion worth of projects?
Overestimation of Chinese especially the CCP bots about their ability to finance their projects is frankly hilarious. With tons and tons of empty cities, amusement parks, China's only method to show GDP growth has been to build and build taking on huge piles of debt. Meanwhile an ordinary Chinese lives in the same old slum in Guangzhou, just looking up at all the shoddily built, ugly looking apartments next door that no one is able to afford and blocks all the sunlight for their shanty houses and turns Chinese cities into what looks like rows upon rows of prisoner housing. Just a satellite image of Guangzhou shows how bad the city is. Even several parts of Beijing look like a dump with rows upon rows of soviet-style bland apartment towers, where people live like caged animals in apartments with no facilities and peeling plaster walls. The more upscale buildings are like 50% empty, including in Shenzhen, where the vacancy rate is as high as 22%. This was in 2019 when the wuhan virus hit.

One can imagine what the vacancy rate is now. Probably close to 35-40%.


Just overbuilt, poorly constructed buildings swaying in the wind or leaking water, where no one wants to conduct business in. This is the sad story of China.

Now they are exporting this sad story to Hong Kong and destroying that city too, which no longer is the financial hub of Asia with several businesses having moved to Singapore. And leading HK talent emigrating to UK, Australia, Singapore, the US etc. Nice job, CCP virus spreaders. Killing the goose that lays the golden eggs - very nice indeed.
So much debt to look fancy
 

SexyChineseLady

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Even more confusing. What's happening here?
Ah silly me.
The mermaid must have recently traded her things for legs, that's why she can't wrap her head across the contraption called shoes that the landlubbers wear around.

But poor mermaid, that guy tying her laces isn't a prince either. The mermaid will still remain a maid. A barmaid or a hotel maid in Sanya.

Neither the Man and Maid ended well in mediaeval Copenhagen nor its modern version, Han and Maid.😜
Well, that's a nice story! I like it!

Most mermaid love stories are tragedies like this:

But this one is sorta happy:
 

Kumata

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Y, all nibba's.. Self preaching by commies ,.. Now winnie the pooh will preach feminine chinese how to bow down to white sepoy

 

rockdog

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Y, All Nibba's


View attachment 91138
Jack Ma from Alibaba, Pony Ma from Tencent, Richard Liu from JD, Zhang Yiming from ByteDance, Zhen Huang from PDD ... ... , those are the CEO of USD100+ billion Internet companies...

I remember during 2004 India media blow up the something like ”India is world office and China is world sweatshop” ... Till now i can't name any Indian working in Indian USD100+ billion Internet companies ...
 

Kumata

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Jack Ma from Alibaba, Pony Ma from Tencent, Richard Liu from JD, Zhang Yiming from ByteDance, Zhen Huang from PDD ... ... , those are the CEO of USD100+ billion Internet companies...
And All were cucked and put in their place for going again winnie the pooh

I remember during 2004 India media blow up the something like ”India is world office and China is world sweatshop” ... Till now i can't name any Indian working in Indian USD100+ billion Internet companies ...
The BOLD in above is Universal truth.

and next sentence is a Joke only CCP propaganda bots can make. Atleast learn to do basic google search
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
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johnq

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How is This Allowed on YouTube?
The reeducation camps in Xinjiang, where the Chinese government is wiping out the Uyghur people are starting to come to light. China is reacting with a terrible coverup, and forcing Uyghur people to have interviews to say how amazing their lives are, and how the west is wrong about the allegations of forced labor, and the other atrocities happening. UK Tribunal to investigate China’s alleged genocide and crimes against humanity against Uyghur and other Muslim population
 

rockdog

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Manufacturing could return to China, as Covid cases spike in India and Vietnam


The Covid-19 resurgence in some parts of Asia could lead to a change in fortunes for China, according to an economist.
Previously, the U.S.-China trade war caused companies to move their supply chains out of China, shifting their production and distribution networks for products and services. As a result, countries like Vietnam and India benefited as companies moved to set up shop in their countries.

But the situation appears to be changing, and supply chains could pivot back to China as cases spike in India and Vietnam, according to Zhang Zhiwei, chief economist at Pinpoint Asset Management.
 

skywatcher

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China overtakes Germany as UK’s top import market

China has overtaken Germany to become the UK's biggest single import market for the first time since records began.


Goods imported from China rose 66% from the start of 2018 to £16.9bn ($24bn) in the first quarter of this year, the Office for National Statistics said.
Imports from Germany fell by a quarter to £12.5bn in the same period.
The change came as trade with the European Union was disrupted by Brexit and the pandemic boosted demand for Chinese goods.

The Office for National Statistics (ONS) report aimed to assess the impacts of Brexit and the coronavirus on the UK's trade in goods.
It found evidence that trade had been disrupted at the start of the new relationship between the UK and the EU.

The ONS said German imports to the UK had fallen since April 2019, amid uncertainty over the details of Britain's exit from the EU.
Germany's motor industry also felt the impact of the pandemic as both vehicle production and global exports were hit.
In the UK, demand for new vehicles slumped as car showrooms were shut due to lockdown measures.
Exports of goods to Ireland saw the greatest proportionate fall of the UK's top five exporting partners after the EU transition period, the ONS said.
Since modern records began in 1997, Germany had been the UK's biggest source of imports, except for a six month period at the end of 2000 and the start of the following year when the US briefly took the top spot.
Despite a 23.1% fall in total trade with European Union countries as a whole in the period, the EU remains the UK's biggest trading partner, the report found.

The figures also showed there was a jump in imports from China of textiles used for face masks and other personal protective equipment, as well as stronger demand for electrical devices.
China was the first major economy to see its global trade grow last year as it became the first big country to emerge from the pandemic.
 

SexyChineseLady

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China's economy and market are extremely strong! Huge amounts of overseas investment.

Despite trade war from US and a lot of anti-Chinese racist attacks, when money is real people will invest!



 

johnq

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Chinese Propaganda is RAMPANT on TikTok
I do a deep dive on soft power propaganda from China on the non-Chinese (American etc) version of TikTok.
 

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