China Economy: News & Discussion

[NutCracker]

That's because India has banned imports of solar panels in favor of its own companies.

Don't worry we will lift the ban when our economy grows big enough to provide state sponsered subsidies. Just like you know who..

 

[SexyChineseLady]

Entering another industrial sector, giant cruise ships!!!

 

[SexyChineseLady]

The one of the fastest growing provinces in China -- Hainan! China's vacation paradise! They are expecting nearly 10% growth this year with massive uptick in international trade and duty-free sales!






You can see why Hainan is so attractive

 

[srevster]

Japan plans $75 bln investment across Indo-Pacific to counter China

Japan's Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, promising billions of dollars in investment to help economies across the region in everything from industry to disaster prevention.

www.reuters.com

 

[srevster]

China Debt Blowout Rings Alarm Bells as Leadership Meets

(Bloomberg) -- When China’s leaders gather in Beijing for the annual parliament next week, one of the biggest economic risks they’ll need to tackle is the mounting debt of provinces.Most Read from BloombergElon Musk Regains His Spot as the World’s Richest PersonNigeria Latest: Tinubu Wins in Six...

finance.yahoo.com

 

[srevster]

China’s Cities Struggle Under Trillions of Dollars of Debt

As China tries to turn the page on one of its worst stretches of growth since the 1970s, its economy is being weighed down by the colossal debts of its local governments.

www.wsj.com

 

[srevster]

China’s debt-saddled local governments underscore its moderate GDP target

Talk of financial risk management at annual parliamentary meetings serves as a high-profile reassurance of leadership’s repeated vows to curb financial risks and alleviate revenue problems across the country.

www.scmp.com

 

[srevster]

China’s Checkbook Diplomacy Has Bounced

China can make friends or break legs. It can’t do both.

foreignpolicy.com

 

[srevster]

China calls for 'joint action' in debt settlements at G20

China, the world's largest bilateral creditor, urged G20 nations on Friday to conduct a fair, objective and in-depth analysis of the causes of global debt issues and to "resolve the problem in a comprehensive and effective manner."

www.reuters.com

 

[srevster]

Value Partners Turns Away From China’s Soured Property Debt

An investor that profited from the aftermath of China’s first dollar bond default by a developer nearly a decade ago is turning its back on the nation’s distressed property debt, after losing more than its peers in the past two years.

www.bloomberg.com

 

[srevster]

India’s growth to mirror China’s trajectory over next decade with private consumption more than doubling to $4.5 trn

India’s next decade of growth would be very similar to China’s path of growth from 2007-2011, said a report by Sundaram Alternate Assets.The report says that

www.businessinsider.in

 

[srevster]

Asian stock markets jittery as China woes sap confidence

Asian shares were on edge on Friday hurt by persistent uncertainty around the fate of debt-ridden China Evergrande, even as more risk appetite drove gains for Wall Street and U.S. benchmark Treasury yields.

www.reuters.com

 

[srevster]

US keen to partner more with India on defence, wants specific pact for air force, says top Pentagon official

Visiting US Secretary of the Air Force Frank Kendall also flags American concerns about Make in India programme & the challenges it poses to US companies.

theprint.in

 

[rockdog]

Top 10 EV sales during Feb 2023. Only Tesla Model Y is forgein brand, sold 25526. 6 are from BYD, 2 from Aion, 1 is from Wuling.

 

[rockdog]

View attachment 197595

Top 10 EV sales during Feb 2023. Only Tesla Model Y is forgein brand, sold 25526. 6 are from BYD, 2 from Aion, 1 is from Wuling.

Electric cars: Warren Buffet-backed BYD plans push into India’s growing EV market, aiming for 40 per cent share by 2030

Warren Buffet-backed BYD plans push into India’s growing electric car market

The Chinese company is planning a bold push into India’s electric car market, joining a rush of foreign carmakers jockeying for a bigger share of the world’s fourth-biggest auto market.

www.scmp.com

 

[Shuturmurg]

 

[SexyChineseLady]

Electric cars: Warren Buffet-backed BYD plans push into India’s growing EV market, aiming for 40 per cent share by 2030

Warren Buffet-backed BYD plans push into India’s growing electric car market

The Chinese company is planning a bold push into India’s electric car market, joining a rush of foreign carmakers jockeying for a bigger share of the world’s fourth-biggest auto market.

www.scmp.com

The Indian market is pretty small. Tata Motors has 90% of India's EV market.

BYD sells 60 times as much

 

[SexyChineseLady]

Consumption of modern consumer items and brands whether it is EVs, BMW, air conditioners, KFC or Starbucks -- the ratio of sales between China and India is always around 50 times more for China.

China's real economy is far, far, far larger than just five times India's.

 

[Blademaster]

Consumption of modern consumer items and brands whether it is EVs, BMW, air conditioners, KFC or Starbucks -- the ratio of sales between China and India is always around 50 times more for China.

China's real economy is far, far, far larger than just five times India's.

Keep enjoying that crack you crazy woman.

 

[SexyChineseLady]

Keep enjoying that crack you crazy woman.

Well, everything points a much bigger economy consumption-wise than just 5 times. For example, China consumes 13 times more cars than India but the average price of the model sold are around five times more. The amount of revenue generated is 65 times more for the Chinese industry compared to the Indian one

Top selling car in China:

Top selling car in India: