China Economy: News & Discussion

[RoaringTigerHiddenDragon]

These are the countries with the highest IQs in the world

View attachment 177057

Like I pointed out, CCP paid-for rankings won’t work with the real high IQ people - the Indians. it is easy for India to go around financing western institutes to get India’s rankings up everywhere. We are not going to do such stupid things as people who matter don’t make any decisions on such garbage rankings. These paid-for rankings are strictly for the consumption of Chinese peasants who don’t know any better. No one else in the world gives a damn about it. You can post a million different paid-for rankings here but people with real brains are not going to accept any of those, as we know the real ground situation in China.

 

[ym888]

Like I pointed out, CCP paid-for rankings won’t work with the real high IQ people - the Indians. it is easy for India to go around financing western institutes to get India’s rankings up everywhere. We are not going to do such stupid things as people who matter don’t make any decisions on such garbage rankings. These paid-for rankings are strictly for the consumption of Chinese peasants who don’t know any better. No one else in the world gives a damn about it. You can post a million different paid-for rankings here but people with real brains are not going to accept any of those, as we know the real ground situation in China.

I think Indians are still very smart and many Indians are successful in foreign countries.



But inside India it is a different story


Maybe the Indian system really doesn't work

 

[Lonewolf]

I think Indians are still very smart and many Indians are successful in foreign countries.



But inside India it is a different story


Maybe the Indian system really doesn't work

Well let's talk about evergrande or something failure ?? How could it happen in xi's utopia

 

[ym888]

World cannot afford India to follow China's manufacturing model, says Raghuram Rajan

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

Very interesting. Let's see which model is more successful

 

[Ugra Bhairav]

Chinese Thugs are at it again. This time they are scamming Russia.

 

[ym888]

Chinese Thugs are at it again. This time they are scamming Russia.

View attachment 177183

I went to kommersant.ru,



No relevant source was found



Can you give us the source of the report from Russia

 

[InfinityWarrior Thanos]

Well let's talk about evergrande or something failure ?? How could it happen in xi's utopia

Trying to talk about Evergrande, -10000 social credits . But lets talk about Chinese GDP.

Bloomberg - Are you a robot?

 

[RoaringTigerHiddenDragon]

Trying to talk about Evergrande, -10000 social credits . But lets talk about Chinese GDP.

Bloomberg - Are you a robot?

Looks like the US is turning the screws on Bloomberg. Bloomberg is one of the compromised media that got millions of dollars from the CCP. Now they seem to be doing a more balanced reporting. WSJ is the other major business newspaper. WSJ is still pushing CCP’s propaganda and Harvard is still getting millions from the CCP. The US is still not taking seriously the damage done by commie investments in their media and VC investments in hi-tech startups as a backdoor to stealing US R&D.
Indians whether in India or overseas have very high IQs and EQs, a reason why Indians in India produce great products like this:

Royal Enfield Meteor 350 Is No 1 Motorcycle In The UK - Above 125cc

Royal Enfield Meteor 350 has achieved quite a feat in Britain by becoming the highest-selling motorcycle of the year 2022.

www.rushlane.com

Australia & South Africa Love Mahindra Vehicles- Here’s Why » Car Blog India

Mahindra is receiving huge praise from customers and experts in the Australian and South African markets for its compelling products. This video depicts the reasons why the Australians and South Africans are applauding Mahindra products. A few prominent media publications mention Mahindra as one...

www.carblogindia.com

Bengaluru tech gives US, Israeli weapons eyes

Tonbo’s computer vision technology sits on seekers at the tips of precision missiles and lightweight thermal weapons.Tonbo set up an R&D centre in Lithuania to develop autonomous vehicles, adding to its presence in India, US and Singapore

www.livemint.com

AMD’s world-beating new chips have Indian engineers at their core

Their processors are running data centres and the world’s fastest supercomputers

www.gadgetsnow.com

Business News - Read Latest Startup, Tech, Markets, Finance, Science News - Business Insider India

Business News - Read Startup, Auto, Tech, Stock Market, Finance, Career, Education, Science, Health, Mobile, Crypto, Sustainability News. Business Insider India

www.businessinsider.in

Top 10 Robotics Companies in India - Most Popular Stories

Here are the Top 10 Robotics Companies in India to redefine the automation arena of India 1. ABB 2. 2. Recon Robotics, Inc

mostpopularstories.com

And this one takes the cake - a world beating payments system developed by Indians in India that is taking the world by storm. This Indian system is effectively killing blockchain’s utility and France has become the first Western country to adopt it as its payment backbone.China has nothing remotely close to the tech development here.

As Silicon Valley dreams about Web3, India's UPI leaps ahead

India's UPI payment platform is delivering on financial inclusion in ways that Bitcoin and blockchain have yet to do.

fortune.com

You see Indians don’t go around bribing to put out fake ranking lists. They design, develop and put out world class products that truly uplift human life around the world - like for example in vaccine manufacturing.

Meanwhile the highly fake ranked CCP does this:

https://www.fiercepharma.com/sales-and-marketing/india-s-bargain-priced-cancer-drugs-lure-chinese-smugglers

Medical Tourism In India Blooms Despite India-China Tensions

Medical tourism in India has significantly risen with a large number of Chinese patients travelling to India for treatments.

eurasiantimes.com

The patient in the above article says: “What’s even more astonishing is the fact that she was prescribed medicines by the Indian doctors that were not yet available in China. Speaking highly of the Indian medical facilities and hospitals in India, the patient said the hospitals were more like hotels unlike the overcrowded medical facilities in China. She added that the cleanliness and professionalism of hospitals in India are impressive. This is just one of the many incidents and stories that reflect highly on the growth of medical tourism in India.”

So, Indians in India are pumping out innovations that Chinese cannot match.

 

[SexyChineseLady]

Global technology exports

Countries ranked by High-technology exports (current US$)

www.indexmundi.com

High-technology exports (current US$) - Country Ranking
Definition: High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.

Source: United Nations, Comtrade database through the WITS platform.

Rank	Country	Value	Year
1	China	757,683,000,000.00	2020
2	Hong Kong SAR, China	340,122,000,000.00	2020
3	Germany	182,352,000,000.00	2020
4	Korea	163,987,000,000.00	2020
5	Singapore	160,491,000,000.00	2020
6	United States	141,539,000,000.00	2020
7	Japan	102,751,000,000.00	2020

 

[Varzone]

Chinese real estate is the biggest ponzi scheme ever, we all know it and invest to make money. Now the gravy train is over.

 

[SexyChineseLady]

Chinese real estate is the biggest ponzi scheme ever, we all know it and invest to make money. Now the gravy train is over.

Yes, this gravy train was actually stopped by the Chinese government. A bit of pain now but better than the 2008 financial disaster created by the sub-prime mortgage crisis in the US and will put the industry back on proper footing in the coming years. 1.4 billion people still need a lot of housing

 

[Varzone]

Yes, this gravy train was actually stopped by the Chinese government. A bit of pain now but better than the 2008 financial disaster created by the sub-prime mortgage crisis in the US and will put the industry back on proper footing in the coming years. 1.4 billion people still need a lot of housing

Very simplistic way of looking at it.
Can they afford them at current prices? No
Can they afford them at 20% haircut? Also No.
Loans to be paid, mortgaged but selling the house won't recover the entire amount.
How will more such projects be financed? How will the local district finances get impacted by all this? It's a whole chain and housing has the biggest impact of any sector.

 

[another_armchair]

Chinese real estate is the biggest ponzi scheme ever, we all know it and invest to make money. Now the gravy train is over.

Man it would still cost the developer tons of money to maintain the property even though its ghostville.

 

[SexyChineseLady]

Very simplistic way of looking at it.
Can they afford them at current prices? No
Can they afford them at 20% haircut? Also No.
Loans to be paid, mortgaged but selling the house won't recover the entire amount.
How will more such projects be financed? How will the local district finances get impacted by all this? It's a whole chain and housing has the biggest impact of any sector.

One of the biggest issues impacting marriage and birth rates are the affordability of homes (and education.)

If the 20% haircut doesn't work then it'll be 30 or 40 or 50% percent. Those properties need to find their price points.

This is now national policy. It will create a lot of losers for people investing but the hope is that it will eventually help a lot more people wanting to live in those homes.

 

[RoaringTigerHiddenDragon]

Global technology exports

Countries ranked by High-technology exports (current US$)

www.indexmundi.com

High-technology exports (current US$) - Country Ranking
Definition: High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.

Source: United Nations, Comtrade database through the WITS platform.

Rank	Country	Value	Year
1	China	757,683,000,000.00	2020
2	Hong Kong SAR, China	340,122,000,000.00	2020
3	Germany	182,352,000,000.00	2020
4	Korea	163,987,000,000.00	2020
5	Singapore	160,491,000,000.00	2020
6	United States	141,539,000,000.00	2020
7	Japan	102,751,000,000.00	2020

This type of rebadged exports is over for China. Getting base products from East Asian countries and then adding a couple of value add here and there and rebadging as “made in China” is declining for the CCP. Hong Kong numbers are round tripped between Chinese mainland and HK - most of it is double counted. Much like the FDI is double counted or outright illegality like the CCP party secretaries laundering money back through HK and Macau as FDI.

 

[RoaringTigerHiddenDragon]

One of the biggest issues impacting marriage and birth rates are the affordability of homes (and education.)

If the 20% haircut doesn't work then it'll be 30 or 40 or 50% percent. Those properties need to find their price points.

This is now national policy. It will create a lot of losers for people investing but the hope is that it will eventually help a lot more people wanting to live in those homes.
View attachment 177395

I am not sure why you keep posting Chinese numbers here. Not a single person will believe in those. Once you have tainted yourself in buying rankings and fudging numbers, there is zero believability in any of the CCP numbers.

 

[SexyChineseLady]

These are the 2021 technology export figures

 

[rockdog]

Orders from overseas made BYD build it's own fleet...

BYD reportedly to order up to 8 ships for future car exports

BYD will purchase up to eight LNG dual-fuel PCTCs capable of transporting 7,700 vehicles each, which are expected to be delivered from 2025 onwards, according to the latest media reports.

cnevpost.com

 

[rockdog]

World's full size SUV sales ranking in September. Li Auto make it as top2，with average price as USD75000.

China full size SUV sales ranking in September.

The Chinese market showed amazing purchase power. The Benz GLS as import type，global sales has 80% in China，BMW X7 also only has import version，sold 60% in China. Both are USD150,000 price level...

Seems high and mid class purchase power is still increasing.

 

[ym888]

Johnson & Johnson sells its largest India plant as demand weakens

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

India is not an easy place for multinationals,



Is BYD ready?