China Economy: News & Discussion

SexyChineseLady

Senior Member
Joined
Oct 3, 2016
Messages
1,554
Likes
1,135
Country flag
When a company leading in growth for 40 years will you fire the CEO? Think before talk
Good analogy! China is the greatest business and entrepreneurial country in the world. In other words, it is very capitalistic. Something that the West should like a lot. And they did once!

But then China grew too rich.

If China were poor like 1970s and '80s, the US would still be allies with China! :D
 

Chandragupt Maurya

Senior Member
Joined
Jun 23, 2020
Messages
3,326
Likes
8,913
Country flag
Good analogy! China is the greatest business and entrepreneurial country in the world. In other words, it is very capitalistic. Something that the West should like a lot. And they did once!

But then China grew too rich.

If China were poor like 1970s and '80s, the US would still be allies with China! :D
china is still not as rich as US
China can not become rich without good trade relations and robust connectivity with india japan korea and other east and south east asian countries
relations with pakistan may have some degree of strategic significance but pakistan has nothing to offer apart from their land , natural resources and ports
 
Last edited:

ym888

Regular Member
Joined
Mar 11, 2021
Messages
248
Likes
243
Country flag
china is still not as rich as US
China can not become rich without good trade relations and robust connectivity with india japan korea and other east and south east asian countries
relations with pakistan may have some degree of strategic significance but pakistan has nothing to offer apart from their land , natural resources and ports
China is now the largest trading partner of more than 120 countries and regions.

The list includes US, EU, Japan, South Korea, ASEAN, India ...
 

Chandragupt Maurya

Senior Member
Joined
Jun 23, 2020
Messages
3,326
Likes
8,913
Country flag
China is now the largest trading partner of more than 120 countries and regions.

The list includes US, EU, Japan, South Korea, ASEAN, India ...
the rise of asia depends on connectivity between india china and other east and south east asian countries The India-Myanmar-Thailand trilateral highway is one step towards that
Europe is well connected America is well connected by roads , railways , airways and inlands waterways so is not the case with India
 

Hari Sud

Senior Member
Joined
Mar 31, 2012
Messages
2,278
Likes
4,083
Country flag
Chinese economy has not suffered a major catastrophe during last summer. The real estate setback, shortage of coal, power etc. has affected Chinese factories. But these are back now in production. Chinese have $3 trillion cash reserve. They can tie over any financial or export financing difficulties. These are minor issues.

The big issue is Chinese invasion of Taiwan. That possibility has receded with Chinese ordering their armed forces to simmer down. That happened after China-US virtual talks a month back.

Trouble with india was pinpricks only testing india and its resolve. When india presented the iron fist, the Chinese retreated. They value their prestige more than minor gain in snowy peaks of Ladakh, where chances of their defeat are greater.

Now Chinese have settled down to conduct commercial business. There are already news of $250 billion of investment by Apple. Hence more business coming to China than leaving. They like it.
 

Chandragupt Maurya

Senior Member
Joined
Jun 23, 2020
Messages
3,326
Likes
8,913
Country flag
Good analogy! China is the greatest business and entrepreneurial country in the world. In other words, it is very capitalistic. Something that the West should like a lot. And they did once!

But then China grew too rich.

If China were poor like 1970s and '80s, the US would still be allies with China! :D
is the china laos railway a High speed railway or normal speed railway ?
every big infrastructure project which china starts is declared impossible by indian media and so called analysts and everytime china proves them wrong the railways in tibbet and laos are two examples , many indians still believe that its impossible :rofl:
 

Hari Sud

Senior Member
Joined
Mar 31, 2012
Messages
2,278
Likes
4,083
Country flag
is the china laos railway a High speed railway or normal speed railway ?
every big infrastructure project which china starts is declared impossible by indian media and so called analysts and everytime china proves them wrong the railways in tibbet and laos are two examples , many indians still believe that its impossible :rofl:
‘Chinese could have done nothing until $2 trillion from US as FDI arrived starting from 1995 until 2012. In that short period, the West built the factories for export and cash and Chinese with their own money built infrastructure. That is what China is today.

By the way why Chinese construction is called ‘ Tofu-Dreg ‘. It is because it is poorly built in a haste. I am glad to know that whatever Indian analyst called difficult to build, in fact Chinese built Tofu-Dreg project and did not last long.
 

Tshering22

Sikkimese Saber
Senior Member
Joined
Aug 20, 2010
Messages
6,271
Likes
12,210
Country flag
‘Chinese could have done nothing until $2 trillion from US as FDI arrived starting from 1995 until 2012. In that short period, the West built the factories for export and cash and Chinese with their own money built infrastructure. That is what China is today.

By the way why Chinese construction is called ‘ Tofu-Dreg ‘. It is because it is poorly built in a haste. I am glad to know that whatever Indian analyst called difficult to build, in fact Chinese built Tofu-Dreg project and did not last long.
Actually, the one thing that is worth learning from our Chinese neighbors is their ability to speedily implement projects. Look at crucial national projects like Sagarmala. It has been going on for almost half a decade now and nothing much has happened inside. I know a good friend of mine who is on the consulting committee for this project. As consultants, his team has been reduced to being nothing more than note-takers of government bureaucrats.

Another important point is the adoption of newer technologies for construction and major infrastructure projects. It is not uncommon to see brick-mortar houses even today when other countries are moving to more advanced and lighter construction materials for housing.

In fact, a lot of housing projects in the new townships are of poor quality (at least in northern cities like Noida and Gurugram). These are nothing but money-minting schemes where real estate developers use 'maintenance fees' as a means to leech money out of buyers even after paying the full amount and doing shoddy maintenance work to ensure continuing fleecing the occupants.

However, thankfully our quality of expressways and highways has significantly improved over the years, thanks to the good work done by Nitin Gadkari & his team across the country.
 

ym888

Regular Member
Joined
Mar 11, 2021
Messages
248
Likes
243
Country flag
‘Chinese could have done nothing until $2 trillion from US as FDI arrived starting from 1995 until 2012. In that short period, the West built the factories for export and cash and Chinese with their own money built infrastructure. That is what China is today.

China has indeed attracted more than $2.1 trillion in foreign investment so far, but America's share is tiny.

China's foreign investment source regions, the top are from Asia,
Hong Kong, Singapore, Japan, Taiwan and South Korea .
Much of the money in Hong Kong and Singapore came from mainland Chinese outflows






The stock of US direct investment in China is most commonly used

The official figure is not very large, reflecting the balance of payments

Some shortcomings of statistics. Bureau of Economic Analysis data

It shows that by 2015, US direct investment in China had been saved

Seventy-five billion dollars. This, according to China's Ministry of Commerce

In the first period, China's total direct investment from the US was 700
billion dollars. These two data are useful for analyzing bilateral direct investment

Both have limitations. We've done this on every stroke since 1990

Identify direct investment transactions of more than $1 million,

Quantification and statistics build a new set of transactions based

The database thus provides analysis of US direct investment in China

Another perspective on capital scale and model. We counted the recent

6,700 U.S. direct investment transactions in China, cumulative value

That's $228 billion. Our data includes 1,300

A number of U.S. companies with significant operations in China, among them

430 enterprises invested more than $50 million, 56 enterprises

Investment of more than $1 billion
 

indiatester

Senior Member
Joined
Jul 4, 2013
Messages
4,873
Likes
15,102
Country flag
When Kathie woods or Michel Burry speaks, give a good thought about it.

This lady made money in 2020, bur her Ark investments was down 20% in 2021 vs market up 20%.
She had bet big on China in Tencent, JD.com, DiDi etc which have been hit a lot due to CCP action.
She was also a big promoter of crypto.

Not sure I would trust her. But the logic seems reasonable.
 

scatterStorm

Senior Member
Joined
May 28, 2016
Messages
2,165
Likes
5,023
Country flag
This lady made money in 2020, bur her Ark investments was down 20% in 2021 vs market up 20%.
She had bet big on China in Tencent, JD.com, DiDi etc which have been hit a lot due to CCP action.
She was also a big promoter of crypto.

Not sure I would trust her. But the logic seems reasonable.
Its simple, the real estate sector conglomerates and giants who created these ghost towns and skyscrapers at massive scale with lavish apartments have no owners. The bubble is blown out in proportions, starting with Evergrande etc. At least 4 of these giants are now either about to default, or have told that they would repay debt to the owners but they will have to wait for another 5 to 6 years.

Its impact can now be seen.
 

lcafanboy

Senior Member
Joined
Mar 24, 2013
Messages
4,374
Likes
21,006
Country flag

Chinese Maal Chala To Chaand Tak Nahi To Shaam Tak. In this case Zameen Par....:pound::pound::pound::pound:
 

rockdog

Senior Member
Joined
Dec 29, 2010
Messages
1,681
Likes
943
Country flag
Update: Record $210 Million Fine Fires Warning Shot Over Livestreamers


Weiya, this lady might be the best money making KOL in Chinese cyber.
 

Latest Replies

Articles

Top