China Economy: News & Discussion

[SexyChineseLady]

China has the best performing markets in the world right now. With recession looming everywhere, China might be the one market that expands instead of contracting in 2023.

China stocks are close to bull market highs after returning from Lunar New Year break

China stocks are close to bull market highs after returning from Lunar New Year break

headtopics.com

Foreigners pile into Chinese shares, buying record amount in January

Offshore investors are returning to China’s stock market with a vengeance, snapping up more shares in January alone than they did in the whole of 2022.

amp.scmp.com

Overseas investors pile into Chinese stock market, buying record amount of shares in January

• Offshore funds have added a net US$19.4 billion of stocks listed in Shanghai and Shenzhen this month, almost 50 per cent above the previous record
• The fervour has helped drive the CSI 300 Index, a benchmark for mainland stocks, to the brink of a bull market

 

[KurtisBrian]

It's quite small and we don't know how many years such $4 billion will be spent.

For Tibet government financial data, Chinese websites are pretty easy to check.

Tibet area is 1.2 million km2； population is 3.3-5 million. In 2021, Chinese central government transfered $38 billion (224.7 billions RMB) as financial subsidy (Payment Transfer) to Tibet, which means each Tibetan got $8000 financial support from central government during 2021.

I think it dosen't include military related infra. along the border, this part will be counted into military budget.

This table is about all financial subsidies from central government by provinces.

View attachment 192311

thanks man. Tibet is at 19? amounts in 100 millions yuan?
that is indeed a large amount being put into Tibet considering it's tiny population.
Guess Tibet doesn't have much of an economy compared to other places in China so big subsidies are provided to try and create an economy.

I ask one thing and as I stumble around trying to decipher words discover new information....Tibet name in Chinese turns out to be XiZang. Interesting.

 

[KurtisBrian]

Plus, China exported 3 million cars in 2022, the average price is $18,000;

Problem is always external debt. Internal debt, total whatever is not an issue. Look at Japan.

Westerners say it is an issue, Asians say no. Again look at Japan.

guys, next time you send a balloon have the good sense to write Alibaba delivery service on it.

Americans won't want to shoot but will instead scurry under enmasse hoping for fantastic goods to drop.

 

[NutCracker]

guys, next time you send a balloon have the good sense to write Alibaba delivery service on it.

Americans won't want to shoot but will instead scurry under enmasse hoping for fantastic goods to drop.

That goods might be new Chinese T-virus..

 

[KurtisBrian]

That goods might be new Chinese T-virus..

In Resident Evil, t-virus was a weapon of the European arm of Umbrella Corp. Umbrella Corp was headquartered in Tokyo, not China.

 

[NutCracker]

In Resident Evil, t-virus was a weapon of the European arm of Umbrella Corp. Umbrella Corp was headquartered in Tokyo, not China.

Ohkk.. *Wuhan virus ..

 

[KurtisBrian]

Ohkk.. *Wuhan virus ..

sorry obviously crazy conspiracy guy here.
gain of function funding by US, Fort Detrick, Winnipeg NML .... I go off in another direction.

btw remember all reactions = a like on the likes counter. your comment makes me laugh because you were talking about something so different than I believed you were.

 

[SexyChineseLady]

China's re-opening might allow Asia to avert global recession!

Will Asia avert a full-blown recession? China’s reopening means it might

China’s surprise reopening and its spillover effects into the rest of Asia – mostly in the form of tourism – are seen as buttressing the region’s economies.

www.scmp.com

 

[SexyChineseLady]

Ultrafast recovery!

China’s ultra-fast economic recovery

The country’s reopening will boost global growth, perhaps uncomfortably

www.economist.com

China’s ultra-fast economic recovery
The country’s reopening will boost global growth, perhaps uncomfortably

 

[SexyChineseLady]

IMF is projecting China's growth in 2023 to be 5.2% but many are projecting even higher!!!

 

[KurtisBrian]

IMF is projecting China's growth in 2023 to be 5.2% but many are projecting even higher!!!

More supposed "growth" and jobs yet the puppet masters still cannot get foreign people to live amongst their Chinese in China.
Instead, now that Chinese have obtained stolen money Chinese are eager flee and use that stolen money to take things in the lands/nations of others. Live like foreigners.

 

[Hari Sud]

guys, next time you send a balloon have the good sense to write Alibaba delivery service on it.

Americans won't want to shoot but will instead scurry under enmasse hoping for fantastic goods to drop.

How many of these broke down within the first month of operation. That is the quality of Chinese made products including Tesla cars.

 

[rockdog]

How many of these broke down within the first month of operation. That is the quality of Chinese made products including Tesla cars.

I think importing from China, is quite supportive to India's export.

 

[rockdog]

thanks man. Tibet is at 19? amounts in 100 millions yuan?
that is indeed a large amount being put into Tibet considering it's tiny population.
Guess Tibet doesn't have much of an economy compared to other places in China so big subsidies are provided to try and create an economy.

I ask one thing and as I stumble around trying to decipher words discover new information....Tibet name in Chinese turns out to be XiZang. Interesting.

Yes, Tibet is at 19 from the table. One more interesting place is Xinjiang, it's 1.6 million km2 with 26 million population, central government financial subsidy in 2021 was $50 Billions, 9th place.

Tibet in fact desen't have any meaningful industrial GDP, it's more crucial on geopolitics. But Xinjiang is most industrial developed region in mid Asia.

 

[SexyChineseLady]

China is the world's largest beer consuming nation!

Booze boost: New Kirin data reveals China domination of global beer consumption rankings

Recent data from Japanese brewery giant Kirin has revealed that China has topped global rankings for beer consumption and shown significant growth even amidst a general downturn in consumption in many Asian markets.

www.foodnavigator-asia.com

 

[SexyChineseLady]

Congrats to China and India with all of the top 6 grossing films released so far in 2023!

1. #FullRiverRed - $601 Million
2. #TheWanderingEarth2 - $509 Million
3. #BoonieBearsGuardianCode - $189 Million
4. #HiddenBlade - $119 Million
5. #Pathaan - $110 Million
6. #DeepSea - $102 Million

 

[Cheepek]

40$ monthly reimbursement cut down to 12$ in Wuhan

Sab changa si?

 

[NutCracker]

40$ monthly reimbursement cut down to 12$ in Wuhan

Sab changa si?

They could import essential meds from India.. but alas CCP wants to kill old people and bring aging demography into manageable condition.

 

[ym888]

40$ monthly reimbursement cut down to 12$ in Wuhan

Sab changa si?

Your understanding is wrong.

$12 is the amount returned to the individual. The individual can use it as he likes.

$12 is not the limit for reimbursement



China's health policy is a complex system of calculations

 

[ym888]

They could import essential meds from India.. but alas CCP wants to kill old people and bring aging demography into manageable condition.

Life expectancy in China is higher than in India