China Economy: News & Discussion

SexyChineseLady

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i dont agree with everything you said but i still respect your opinion and I didnt say that china should make high speed rail corridors in india i said india should extend the Delhi-Patna HSR uptill north east touching india china border in tibbet and china should should do the same on her own side it will establish a link between delhi and beijing
Oh sorry, I miss understood (China had bid for Indian HSR projects too.) China is already extending its HSR to borders of Tibet.


We are always hopeful of better business ties :)
 

Chandragupt Maurya

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Oh sorry, I miss understood (China had bid for Indian HSR projects too.) China is already extending its HSR to borders of Tibet.


We are always hopeful of better business ties :)
japnese shinkansen won the bid for Indian HSR corridors
construction has started on mumbai ahmedabad stretch the delhi ahmedabad and delhi kolkata stretch has to be completed by 2031
 

Knowitall

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If they successfully manage to deflate their real estate bubble without causing a heavy meltdown or collapse it would be a excellent case study for major western countries as some of them have not recovered from their real estate fallout for almost a decade or 2 now.

This right now is a test between chinese capitalism and the western capitalism model and i am sure everyone is watching it with great interest.

Failure of success here can help future emerging economies like India to plan better.
 

SexyChineseLady

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If they successfully manage to deflate their real estate bubble without causing a heavy meltdown or collapse it would be a excellent case study for major western countries as some of them have not recovered from their real estate fallout for almost a decade or 2 now.

This right now is a test between chinese capitalism and the western capitalism model and i am sure everyone is watching it with great interest.
Chinese capitalism has more state management than the US model but very capitalistic and competitive at the root level.

It is the East Asian model. It is very similar to the systems in Singapore, Japan, South Korea and Taiwan on the upper layers of government involvement and even more cut throat at the root layer (more Chinese start ups and bankruptcies than in Japan or Korea.)

Contest is between East Asian and Western capitalism. The US beat the Japanese challenge so the Western version won the first round.

China against US is the second round with China being a much bigger country to represent the East Asian model than Japan.

China might lose the contest and the US simply gets bigger and bigger and China cannot catch up but even in losing China will become extremely rich in the process. The challenge will drive growth :)
 
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Hari Sud

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Really? Then how come we trade so much more than any one in the world if we spent all our money buying weapons? LOL

Don't confuse total expenditure with percentage. China's defense percentage is very low but the total amount is very big because the Chinese economy is very, very big.

China's economy is very very big because we prioritize business over warfare. In the 1970s, China was just as poor as India and we traded just as little as Indians. But we are many times richer than Indians today because of this policy and philosophy of business and trade.
I thought you knew, reasons of high Chinese exports. All these exports are consumer goods manufacture which US handed it over to China with cheap labour. US did not want to continue to do and Chinese promised to do it cheap. US sent FDI, technology and unrestricted market for all goods made in China. The Europe did the same followed by Japan.

That is the reason for Chinese export prosperity. Now they have expanded into supply chain items. That is also adding to greater exports
 

SexyChineseLady

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I thought you knew, reasons of high Chinese exports. All these exports are consumer goods manufacture which US handed it over to China with cheap labour. US did not want to continue to do and Chinese promised to do it cheap. US sent FDI, technology and unrestricted market for all goods made in China. The Europe did the same followed by Japan.

That is the reason for Chinese export prosperity. Now they have expanded into supply chain items. That is also adding to greater exports
Yes, all these powerful Western companies would just put their hard-earn cash in China if it were a communist hellhole like N Korea or Cuba lol

All Fortune 500 companies know that China is pro-business with a capitalistic mindset. That is why they invested. They knew even in the 1980s that China would grow like a capitalistic East Asian country like Japan and the 4 Tigers.

If China spent all its money on arms (like USSR) where would it get the infrastructure to build and export all this stuff? lol

India and many other countries have cheaper wages but they do not have the same confidence from MNCs. Just look at Hollywood movies -- American movies make 20 to 100 times more in China than India. Same for Tesla, Apple or Louis Vitton lol

They invest in Chinese factories because China will buy a large chunk of the stuff they are making. They know that Chinese society is more consumption oriented and capitalistic than India, Angola or many other places with cheaper costs and wages. lol
 

Tang

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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
No power cut happened in India,
Like it did in china,
So as per your logic china is far more poor than India.
 

Tang

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Maharaj skandgupta

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They didn't sell their military equipment because they had placed a self imposed ban on themselves.

Now that they removed it they have already started selling their military equipment to Vietnam and other Asian countries.
What have they sold to Vietnam ?
 

Tang

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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.
Correct
 

SexyChineseLady

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@ezsasa
Can we ban these Chinese propagandists,
These guys are just trying to sell their snake oil.
The world's number trading nation and the world's largest economy by consumption is snake oil? lol

We would not be here at all if there were no China section ;)
 

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