China Economy: News & Discussion

ym888

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Exports are commodity based goods….all it means is the cheap scale manufacturing is still there. It is like we do the high value added activities like chip design while China does the volume based low value added manufacturin. A chip designer in India in Bangalore gets paid close to $150-200,000 dollars a year whereas a manufacturing wumao in guarding gets paid $6000 a year. Look at the number of chip design centers in Bangalore - all big companies and new pathbreaking startups like Ampere have their R&D centers in Bangalore. Some are in Shanghai too but they pale in comparison to the number of R&D centers in Bangalore. let’s say that’s 5000 R&D & hardware design engineers - each of them getting paid north of $150,000 per month in Bangalore. That’s phenomenal knowledge add to India and local economy. Plus about $1 billion per year circulation in local economy. You can never ever compete with a knowledge economy through low value manufacturing and exports. Even high value manufacturing exports cannot compete with a high value knowledge economy. India is able to have a high value knowledge economy which the wumaos will never ever have. With the new Edu startups like multi-billion dollar valued Byju’s and others, this knowledge economy will reach every Indian’s doors. Meanwhile all the peasants in China will be manufacturing devices that Americans and Indians will use to get wealthier. This is why china’s high volume manufacturing exports can NEVER make the serfs wealthier. Think about for every manufacturing good China exports, the profit margin is less than 5%. For every information good India exports the profit margin is 30%. Who will ultimate lead a wealthier, fulfilling life? It is the Indians as the education economy scales through these trailblazing startups, a massive number of Indians will be in the knowledge economy. Just go to any major US company and see where they are hiring engineers. It is mostly in India. Take NVIDIA for example, 80% of their artificial intelligence job postings are for locations in India - Bangalore, Hyderabad etc. what does that tell you? The CCP and wumaos like you are toast. You are history and none of you will be remembered but most of you will be hated and despised for unleashing the Wuhan virus. The heaven’s mandate has been withdrawn from emperor Xi and his criminal party goons. The CCP story is over. Bye bye.

Interesting Geography: 70% of India's agricultural population, but the proportion of tertiary industries is nearly 60%?

The 2020-05-01 06:16

From global to regional, we have done too many issues of industrial restructuring or upgrading. But it is too difficult for India to reform its industrial structure! Look at this figure -- agriculture accounts for about 70% of the population in India, but tertiary industry accounts for nearly 60%. What's going on here?



What kind of country is India?



India, located in South Asia, is the largest country in the subcontinent. It borders Bangladesh, Nepal, Bhutan and China to the northeast, myanmar to the east, Sri Lanka to the southeast across the sea, and Pakistan to the northwest. Bangladesh in the east, the Arabian Sea in the west, the coastline is 5,560 kilometers long.







Countries and transportation in South Asia



The population of India is 1.326 billion (2016), the second most populous country in the world after China. It is composed of more than 100 ethnic groups, the majority of which is Hindustani, accounting for 46.3% of the total population of The country.







Why is there so much agricultural population in India?



Some developing countries, such as India, Bangladesh and Indonesia in Asia, have lagged behind their corresponding level of economic development and industrialization. India, the largest country in South Asia, was 17 percent urbanized in 1950, compared with 13 percent in China. However, with the development of China's reform and opening up, the urbanization process has accelerated. In 2017, China's urbanization level has reached 58.52%.







But India's urbanization level was only 32.8 percent in 2017, nearly 26 percentage points behind China and below the average of developing countries.







Reasons for the low level of urbanization in India is mainly due to the foundation of social construction, because India has not establish a unified national market, so the government is hard to get tax from the states, thus it is difficult to large-scale infrastructure construction, we from India train speed can see India's infrastructure is very poor. The lack of transportation, urban amenities, urban services and other functions has seriously hindered India's urbanization process, which is expected to reach 38% by 2025.



Third, why does India have such a high proportion of tertiary industries?



As can be seen from the chart, since 1996, the tertiary industry in India has been much higher than the primary and secondary industries.







Changes in the share of India's three industries



In the agricultural structure of primary industry, India is mainly planted, and mainly rice, wheat and other food crops. Due to the strong influence of the southwest monsoon, the temporal and spatial distribution of precipitation is unbalanced, with frequent floods and droughts, so the food production is very unstable. Now, it is basically "dependent on the weather", coupled with the large population, resulting in nearly 1/4 of the population is still difficult to meet food and clothing.







△ Agriculture and industry in India



In the industrial structure of the secondary industry, the slogan of "high quality and low price" is an effective way of sales. However, The pharmaceutical industry with advantages in India lacks independent products and technologies, that is to say, it does not have its own brand, and it is difficult to have formal sales channels in the international market. In addition to the label of developing countries, are often into the "shanzhai" industry. Moreover, as the largest manufacturing industry in India, more than 90% of cars are OEM factories in developed countries, and there are only a few products and technologies truly belonging to India. Because of its weak infrastructure, India is doing well in sectors with low supply chain requirements such as pharmaceuticals, software and outsourcing services.







In the tertiary industry service industry, India's I T industry can be said to be their pride, India's booming software services development rapidly, has made an important contribution to economic growth. But in this industry, it's all outsourcing, outsourcing, outsourcing, and there are hardly any Indian brands. In addition, the software industry plays a weak role in driving employment in India. First, these high-tech industries have high requirements on the quality of labor force, while the literacy rate of adults aged 15 and above in India is only about 72% (2015), so the industrial demand does not match the quality of labor force, which naturally leads to few employment opportunities. Second, the employment cooperation between industries is weak. For example, the tertiary industry, which mainly focuses on financial service information, is knowledge-intensive and requires high input of human capital. It has little driving force for traditional domestic manufacturing and infrastructure, and lacks sufficient driving force and lasting power for economic development. Third, the brain drain is too large. With the advanced development of Indian software, Indian education almost cultivates the elite class, but the talents cultivated are subject to the difference in salary and treatment at home and abroad, resulting in serious brain drain, which aggravates the gap in economic development at home and abroad and forms a vicious circle.







In this unique social structure -- the coexistence of "elite class" and "backward class", the basic industry has not developed, the secondary industry is unreliable, and the tertiary industry has developed beyond normal, which will naturally affect India's domestic economic development and become its bottleneck.
 

SexyChineseLady

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Exports are commodity based goods….all it means is the cheap scale manufacturing is still there. It is like we do the high value added activities like chip design while China does the volume based low value added manufacturin. A chip designer in India in Bangalore gets paid close to $150-200,000 dollars a year whereas a manufacturing wumao in guarding gets paid $6000 a year. Look at the number of chip design centers in Bangalore - all big companies and new pathbreaking startups like Ampere have their R&D centers in Bangalore. Some are in Shanghai too but they pale in comparison to the number of R&D centers in Bangalore. let’s say that’s 5000 R&D & hardware design engineers - each of them getting paid north of $150,000 per month in Bangalore. That’s phenomenal knowledge add to India and local economy. Plus about $1 billion per year circulation in local economy. You can never ever compete with a knowledge economy through low value manufacturing and exports. Even high value manufacturing exports cannot compete with a high value knowledge economy. India is able to have a high value knowledge economy which the wumaos will never ever have. With the new Edu startups like multi-billion dollar valued Byju’s and others, this knowledge economy will reach every Indian’s doors. Meanwhile all the peasants in China will be manufacturing devices that Americans and Indians will use to get wealthier. This is why china’s high volume manufacturing exports can NEVER make the serfs wealthier. Think about for every manufacturing good China exports, the profit margin is less than 5%. For every information good India exports the profit margin is 30%. Who will ultimate lead a wealthier, fulfilling life? It is the Indians as the education economy scales through these trailblazing startups, a massive number of Indians will be in the knowledge economy. Just go to any major US company and see where they are hiring engineers. It is mostly in India. Take NVIDIA for example, 80% of their artificial intelligence job postings are for locations in India - Bangalore, Hyderabad etc. what does that tell you? The CCP and wumaos like you are toast. You are history and none of you will be remembered but most of you will be hated and despised for unleashing the Wuhan virus. The heaven’s mandate has been withdrawn from emperor Xi and his criminal party goons. The CCP story is over. Bye bye.
China's main exports:

Exports The top exports of China are Broadcasting Equipment ($208B), Computers ($141B), Integrated Circuits ($108B), Office Machine Parts ($82.7B), and Telephones ($54.8B)

These are all underpinnings of a technological economy.

There are far more chip designers in China than India. China has a much greater ecosystem in chips than India. It is the only thing that allowed Chinese companies to survive despite an attack from the US on depriving chips to China.

China's software companies are not back offices like India's top companies. That is why China's economy (and salaries) on average are five times India's.

Your view of China's economy is completely out of touch with reality.

BTW, China's exports is just one engine in the Chinese economy. China's biggest engine is the biggest consumer market in the world!

These are the biggest grossing films in 2021 globally. Three of them are Chinese. And the one non-China one, F9, had its biggest draw in China:
1Hi, Mom$822,009,764
2The Battle at Lake Changjin$740,800,000
3F9: The Fast Saga
$716,591,945
4Detective Chinatown 3$686,257,563

These are the biggest films in India in 2021:
TitleProduction CompanyDistributorWorldwide GrossRef.
1Bell Bottom*Pen Marudhar Entertainment₹50.58 crore(US$6.7 million)[1][2]
2RoohiJio Studios₹30.33 crore(US$4.0 million)[3][2]
3Mumbai SagaAA Films₹22.29 crore(US$3.0 million)[4][2]
4Radhe₹18.33 crore(US$2.4 million)
 
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SexyChineseLady

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Films are pure discretionary income. Large box offices is a sign of a population with a huge international consumer class with a lot of surplus wealth -- which is why the top grossing nations are the China, US and Japan.

Also, Bollywood is the one supposedly world-class industry that matches up to China's? (Comparing grosses between the chip or electronic industries would be very unfair to India.)

Yet Chinese top films gross many times more more than the Indian ones. (Over 100 times this year!)

China's internal economy is much, much bigger than India's. If India doesn't need exports then China needs it even less because of the much bigger internal engine.

But China also has the world's biggest export engine to produce even more wealth! It is good to have more levers of growth :)
 
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Hari Sud

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Let us talk about two China theory a bit. Our recognition of Taiwan as part of China from Nehru days has done india more harm than good. India gave up permanent Security Council seat for China in fifties and earned Chinese attack in 1962. India allowed NPT in favour of China in early seventies and received a total blockage of our NPT seat by China. India always thought that by one China theory we will earn Chinese goodwill. Instead they made friends with Pakistan, helped in making a nuclear bomb and even today they are helping them against india. This is how the Chinese have returned our goodwill towards them.

Now is the time to review everything with respect to China. Let us dump the one China theory and recognise Taiwan. If Chinese do not like then tough luck.
 

rockdog

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India gave up permanent Security Council seat for China in fifties and earned Chinese attack in 1962.
This is the most absurd thing i have heard. The UN is found in 1945.10, just after WWII, and China was the member of UNSC at beginning (Treaty No.23). At that time India is British India, Nehru was nowhoere.

PRC government replaced Taiwan government in 1971 just like Russia replcaed USSR, it's 9 years after 1962 war; the year China support Pakistan during your subcontinent war. We didn't expect anything from India, plus Nehru was dead in 1964.

Please check the wikipedia at least

Don't think India was that important for UN, when UN established, India was just colony; when PRC entered the UNSC, the war passed 9 yrs ....

I think you have very limited knowledge about history ...
 
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SexyChineseLady

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Let us talk about two China theory a bit. Our recognition of Taiwan as part of China from Nehru days has done india more harm than good. India gave up permanent Security Council seat for China in fifties and earned Chinese attack in 1962. India allowed NPT in favour of China in early seventies and received a total blockage of our NPT seat by China. India always thought that by one China theory we will earn Chinese goodwill. Instead they made friends with Pakistan, helped in making a nuclear bomb and even today they are helping them against india. This is how the Chinese have returned our goodwill towards them.

Now is the time to review everything with respect to China. Let us dump the one China theory and recognise Taiwan. If Chinese do not like then tough luck.
Those are pretty much self-serving stories. The Republic of China was a member of the UNSC at the very beginning in 1945. The People's Republic of China inherited its seat directly from the ROC. India had nothing to give.

Also India had allowed the CIA to do covert actions against China from Indian soil during the 1950s way before 1962. India had always been more or less hostile.

I think the only reason India sticks to the One China policy is to not open a can of worms with China openly supporting separatist movements in the Indian Northeast, Kashmir or even the Sikhs.
 

Hari Sud

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Now by discussing two China recognition as a possibility, has brought out two Chinese members of this forum to oppose the move.

No sir, China the PRC China in Peking never sat as a permanent member of the UNSC until 1971. Hence all facts mentioned by them are fanciful. While writing the constitution of UN after WW2, the original author recognized Chiang Kai Sheikh as a UNSC member. As soon as the Communists lead by Mao Tse Tung gained control of Peking, the thought of asking Mao Tse Tung lead Chinese as permanent member was dropped. The Chiang lead government then located in Formusa continued to be seated at UNSC table. This arrangement continued until 1971 when Formusa lead government was asked to vacate the seat in favour of Communist lead Peking government (Nixon-Mao understanding).

All CIA covert actions from Indian soil was direct result of Mao Tse Tung military pressure on India. Their nuclear activity at Lop Nor had to be monitored and Indian mountain top was the best place to do it until satellites took over that activity. At that time, China was friend of nobody.

If India had to recognize two China policy then it is direct result of missile and nuclear co-operation between China and Pakistan. Published reports, always as usual denied by China, but true that China allowed Pakistan to test their nuclear devise at their location.

As regards to China supporting separatist movement in Indian Northeast has a counter. India can begin the separatist movement to let Tibet separate from China. It was never part of China anyway. Mao Tse Tung sent his military to expel Dalai Lama from Lhasa in 1948. My point….. for every move there is a counter move.
 

rockdog

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No sir, China the PRC China in Peking never sat as a permanent member of the UNSC until 1971. Hence all facts mentioned by them are fanciful. While writing the constitution of UN after WW2, the original author recognized Chiang Kai Sheikh as a UNSC member. As soon as the Communists lead by Mao Tse Tung gained control of Peking, the thought of asking Mao Tse Tung lead Chinese as permanent member was dropped. The Chiang lead government then located in Formusa continued to be seated at UNSC table. This arrangement continued until 1971 when Formusa lead government was asked to vacate the seat in favour of Communist lead Peking government (Nixon-Mao understanding).
So now, you finally noticed that, your previous knowledge about UNSC was wrong, India had nothing to do with UNSC, since at moument you were still fighting with British.

Let me summerize it again:
1. China entered UNSC when it established at 1945 not because of India, but because of as one major winner of WWII, the Independent India was nowhere, Nehru was nowhere

2. PR.China replaced RO.China in 1971 in UNSC, Nehru was somewhere but not on the earth.

3. 1962 War happened before 1971, you can argue that.

4. India and Nehru had nothing to do with no matter RO.China or PR.China in UNSC.

5. I don't know where kind of timeline you learned before.


All CIA covert actions from Indian soil was direct result of Mao Tse Tung military pressure on India. Their nuclear activity at Lop Nor had to be monitored and Indian mountain top was the best place to do it until satellites took over that activity. At that time, China was friend of nobody.
LOL, your history knowledge is bad, so dose your geographics!

China tested N-bomb in 1964, two years after 1962 war, India can did whatever it wanted with US, since we just had war.

And after 1962 victory, China hold all the strategic height on border, can you name which mountain top you are holding?

Plus, the testing site is 2000KM away from border, considering the Earch is round, and altittude of Lop Nor is 700m, the Tibet area is 3500m in altittude, how possible to do that?

123.jpg


Acutally, US had many ways to verify China's N-bomb project, not some hilltops from India.

The Lanzhou Gaseous Diffusion Plant, as photographed in 1963 by a CIA U-2 aircraft flown by a Taiwanese pilot. U.S. intelligence analyses significantly underestimated Lanzhou's ability to produce the highly enriched uranium needed for China's first bomb. This photo was reproduced in a July 1963 study by the U.S. Arms Control and Disarmament Agency.



If India had to recognize two China policy then it is direct result of missile and nuclear co-operation between China and Pakistan. Published reports, always as usual denied by China, but true that China allowed Pakistan to test their nuclear devise at their location.

As regards to China supporting separatist movement in Indian Northeast has a counter. India can begin the separatist movement to let Tibet separate from China. It was never part of China anyway. Mao Tse Tung sent his military to expel Dalai Lama from Lhasa in 1948. My point….. for every move there is a counter move.
Agree and if both sides have cards, then we can maintain stable stiuation.

After 1962 war, China and India didn't go full scale war, still maintained basic relationship, and there was even a mini honeymoon after Vajpayee‘s visit. There was no reason for India go two China policy.

If you noticed the cards for both side:
No Taiwan issue from India = No NE (6 sisters?) issue from China

In 2005, GOI officially recongized Tibet was part of China, and China official recongized Sikkim was part of India, that's the deal between two nations. Half year later, China order all the map changed from publications.

This is the government file:

5.jpg



Mao Tse Tung sent his military to expel Dalai Lama from Lhasa in 1948. My point…..
Again, your terrible hisotry knowledge:

1. Dalai Lama visit Beijing with Mao in 1954, they had good relationship for a while. In 1948, the PLA didn't win the civil war yet, how possible to do anything with Tibet?


1954.jpg



2. Dalai Lama went to India in 1959.

 

SexyChineseLady

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People don't understand how monumental this surge in Chinese exports had been. It went up almost 30% and China is already the world greatest export engine by far.

Global recovery had exploded Chinese exports in a way that overwhelmed energy supply of the largest power grid in world and created a massive rate increase in global shipping.
 

rockdog

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People don't understand how monumental this surge in Chinese exports had been. It went up almost 30% and China is already the world greatest export engine by far.

Global recovery had exploded Chinese exports in a way that overwhelmed energy supply of the largest power grid in world and created a massive rate increase in global shipping.
USA's port is jammed, now we should also export AI harbour solution for them to deliver they bought from us.

 

SexyChineseLady

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USA's port is jammed, now we should also export AI harbour solution for them to deliver they bought from us.

US has left massive tariffs in place on Chinese goods.

But it still imported so much from China that its ports are jammed!

When someone is actively attacking you in a trade war and they still import so much from you that they clog up their ports ...
 

rockdog

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US has left massive tariffs in place on Chinese goods.

But it still imported so much from China that its ports are jammed!

When someone is actively attacking you in a trade war and they still import so much from you that they clog up their ports ...
Why even Vietnam's port has higher ranking than Indian? I heard Indian's port management is very bad.
If Indian's port so bad how they can generate so big deficit trade with China?


001.jpg
 

SexyChineseLady

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Why even Vietnam's port has higher ranking than Indian? I heard Indian's port management is very bad.
If Indian's port so bad how they can generate so big deficit trade with China?


View attachment 115371
High value, big ticket items. Contrary to the views here, India imports very little (money-wise) toys, clothes, saucepans or other low value household goods from China.

China is mainly selling electronics, telecom or industrial machinery to India while buying base commodities like iron ore. Finished products will always command higher prices hence the surplus.

But I bet India sells more in weight to China than China to India. Iron ore is very heavy!

0CF1E994-0D53-4D79-8120-D8EC3E34E088.jpeg
 

RoaringTigerHiddenDragon

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High value, big ticket items. Contrary to the views here, India imports very little (money-wise) toys, clothes, saucepans or other low value household goods from China.

China is mainly selling electronics, telecom or industrial machinery to India while buying base commodities like iron ore. Finished products will always command higher prices hence the surplus.

But I bet India sells more in weight to China than China to India. Iron ore is very heavy!

View attachment 115372
Once again Chinese exports are 80-90% low value add. Electronics manufacturing profits are less than 5%. Chinese can never compare to the services value that India creates. Every dollar of service is worth ten times as much as every dollar in manufacturing or real estate - something the CCP peasants never understand and will never get it due to the lower IQ of the CCP members.
 

RoaringTigerHiddenDragon

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Why even Vietnam's port has higher ranking than Indian? I heard Indian's port management is very bad.
If Indian's port so bad how they can generate so big deficit trade with China?


View attachment 115371
This is because India has a massive coastline with a lot of ports. So business is divided across several ports. Vietnam has 1 or 2 ports - that’s it. If you cannot reason why something is there in a certain way, then you are a wumao.
 

RoaringTigerHiddenDragon

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People don't understand how monumental this surge in Chinese exports had been. It went up almost 30% and China is already the world greatest export engine by far.

Global recovery had exploded Chinese exports in a way that overwhelmed energy supply of the largest power grid in world and created a massive rate increase in global shipping.
Manufacturing exports have very little value. Western consumption culture is coming to an end as people there are moving to higher aspirations in life there such as healthy living, sustainable, green toys etc - where the CCPeasants have zero expertise. Exporting electronic junk and cheap heavy machinery cannot be considered a manufacturing powerhouse.
 

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