China Economy: News & Discussion

[Love Charger]

That is why chinkies who’s empty tummies don’t get filled with empty skyscrapers and ghost towns end up in India to earn a living .

14 Chinese nationals staying illegally in UP's Noida since 2020 detained | India News - Times of India

India News: NOIDA: Fourteen Chinese nationals, including a woman, were detained here on Wednesday for allegedly staying in the country illegally since 2020, polic.

timesofindia.indiatimes.com

.

I’ve been to china and this is how I was greeted at Beijing by an ultra rich choineez billionaire
View attachment 164741


Yeah the same country

China's Xi declares victory in ending extreme poverty

Some have questioned China's definition of extreme poverty as earning less than $620 a year.

www.bbc.com

For a college student, you have indeed travelled to many places .
How ?

 

[Love Charger]

Is he famous?

Yes , a delivery person
He is cheerful and happy with his job
His name is sonu

 

[Love Charger]

Is he famous?

 

[Love Charger]

@ym888 , I have read a very generalised description of chiense political and administrative system
Kindly enlighten me. What are those 8 other allied political parties called other than ccp ?

 

[ym888]

Yes , a delivery person
He is cheerful and happy with his job
His name is sonu

China also has a lot of young people working in this industry,



Hard work, but good pay

 

[Varzone]

 

[NutCracker]

According to media reports, the Shandong aircraft carrier sailed south into the Taiwan Strait, suspected of protecting Taiwanese banks.

Chyna doesn't have authority to "protect" Taiwanese banks , on the other hand in Henan..

It's part of their training. They're on their way







They don't show up in the city every day, maybe once a year







They just have to go through the city roads







That's why it's at night, right





This will have minimal impact on traffic

Any video of previous years ??

 

[lcafanboy]

Do you like my profile pic?

Are you proposing him/her...

 

[mokoman]

So people think that even with that big law enforcement with very good equipment they will not be able to hold some people in storming so they have to deploy tanks literally, and with also that in just one day they decided to bring tanks without any riots or something. As we haven't heard of any riots till now, this news of bank not paying the account holders their savings. How authentic is this guys? Is this real? @mokoman?

probably fake . Taiwanese post these sort of thing all the time.

 

[Shuturmurg]

Huge if true, China has overtaken US + Europe in semiconductor and competing with Taiwan (still 1 generation behind TSMC), and Korea now :

 

[SexyChineseLady]

probably fake . Taiwanese post these sort of thing all the time.

Yes, it was a military unit making its way through the city of Zhengzhou in Henan. Had nothing to do with banks but provides a good molehill to build mound. lol

 

[SexyChineseLady]

Huge if true, China has overtaken US + Europe in semiconductor and competing with Taiwan (still 1 generation behind TSMC), and Korea now :

It is true. The chip was exported. It is already bought and used outside China.

China's chip industry is growing faster than ever under US bans. Before, Chinese industry simply bought chips on the global market -- China is the world biggest market and largest importer by a wide margin. Now they have to buy from their own.

 

[lcafanboy]

 

[ym888]

Chocolate Apple Candies


Clean environment


Skilled worker

That's why Chinese products are all over the world

 

[another_armchair]

Chinese real estate giant Evergrande ousts top executives

The executives were forced to step down on Friday following an internal investigation into why banks unexpectedly seized 13.4 billion yuan ($2 billion) in deposits from its real estate services unit, Evergrande Property Services.

economictimes.indiatimes.com

EG - Oh, its just a churn at the top.

Reporter - ... and the bottom?

EG - Wait, is there anything left at all?

 

[RoaringTigerHiddenDragon]

The majority people are still benefit from real estate booming, since 70% of Chinese living in their own house not renting. I personally happy to see the this bubble broke, it's painful but will be good for growth for next phase development, now those hot money are investing on chip making, EV, new engergy sectors, not real estate.

People in this forum didn't change much as 10 years ago, any negative cases happening in Chinese financial system, they expected China's total crisis, and to fall as the same level of India...

But the fact is, the China is collapsing from 2x GDP to 6x GDP to India since 2004 ...

30-40% of your GDP comes from real estate. This is a very high ratio. Most developed nations have max 10% of the gdp in real estate. This means the CCP forcefully converted the savings of all peasants into real estate holdings, so much that buildings built without rebars in them and pretty much would be condemned to live anywhere else in the world are listed at $1 million. This is a giant Ponzi scheme where the peasants have been duped into thinking that real estate prices will always go up and even the shittiest apartment can always be unsold. The number of peasants living in unfinished apartments is in the millions now, as well. So about 70% of that 30-40% of gdp is a giant fraud played by the CCP. That is overall 20-30% of Chinese gdp is bogus and a fraud committed on the mindless peasants.
This is supported when you see the following:
- China is only 3X India’s ppp gdp
- the nighttime luminosity image shows Indian cities and towns are better electrified than China’s.
- adulterated food to keep costs low is very high in CCP land.
- skyscrapers are being torn down at a rapid pace demonstrating the wasteful gdp.
- the CCP cheating in the WB’s ease of business ranking by giving false data.
- party secretaries and their families/mistresses trying to flee China with their loot. Most rich people wanting to quit and invest overseas.
- the rich and productive of Hong Kong leaving in the hundreds of thousands
- paying a very small compensation to the peasants for flood damages
- eating anything that moves, indicating severe food scarcity due to toxic degradation of the environment.
- poorly designed subways and roads killing thousands of people during floods , as these were all built in a hurry by very corrupt CCP sponsored contractors. Sink holes on Chinese highways swallow entire trucks.

So, yeah China’s real gdp is closer to $10 trillion = about 3X India’s real gdp. The peasants are slowly finding out how their savings have been played with by faking a higher Ponzi gdp . So, they are coming after the party secretaries with pitchforks and ball busters.

 

[ym888]

30-40% of your GDP comes from real estate.

Source? thank you

 

[ym888]

So, yeah China’s real gdp is closer to $10 trillion = about 3X India’s real gdp.

Indian govt should give you a medal,



You have increased India's GDP by simply tapping on a computer keyboard

 

[Blademaster]

Indian govt should give you a medal,



You have increased India's GDP by simply tapping on a computer keyboard

Yeah yeah whatever you say, 50 cent poster.

 

[karn]

30-40% of your GDP comes from real estate. This is a very high ratio. Most developed nations have max 10% of the gdp in real estate. This means the CCP forcefully converted the savings of all peasants into real estate holdings, so much that buildings built without rebars in them and pretty much would be condemned to live anywhere else in the world are listed at $1 million. This is a giant Ponzi scheme where the peasants have been duped into thinking that real estate prices will always go up and even the shittiest apartment can always be unsold. The number of peasants living in unfinished apartments is in the millions now, as well. So about 70% of that 30-40% of gdp is a giant fraud played by the CCP. That is overall 20-30% of Chinese gdp is bogus and a fraud committed on the mindless peasants.
This is supported when you see the following:
- China is only 3X India’s ppp gdp
- the nighttime luminosity image shows Indian cities and towns are better electrified than China’s.
- adulterated food to keep costs low is very high in CCP land.
- skyscrapers are being torn down at a rapid pace demonstrating the wasteful gdp.
- the CCP cheating in the WB’s ease of business ranking by giving false data.
- party secretaries and their families/mistresses trying to flee China with their loot. Most rich people wanting to quit and invest overseas.
- the rich and productive of Hong Kong leaving in the hundreds of thousands
- paying a very small compensation to the peasants for flood damages
- eating anything that moves, indicating severe food scarcity due to toxic degradation of the environment.
- poorly designed subways and roads killing thousands of people during floods , as these were all built in a hurry by very corrupt CCP sponsored contractors. Sink holes on Chinese highways swallow entire trucks.

So, yeah China’s real gdp is closer to $10 trillion = about 3X India’s real gdp. The peasants are slowly finding out how their savings have been played with by faking a higher Ponzi gdp . So, they are coming after the party secretaries with pitchforks and ball busters.

In our context we should take a look at Chinas export numbers .. They can't fake that . Let's try to achieve at least 1/3rd of their exports.
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