China Economy: News & Discussion

[Azaad]

Do you only know Baidu

You seriously mean to say you've half a dozen of these seriously defective apps in service in China , all outstanding examples of Chinese workmanship , each of which can trigger off world war 3 ?

 

[ym888]

You seriously mean to say you've half a dozen of these seriously defective apps in service in China , all outstanding examples of Chinese workmanship , each of which can trigger off world war 3 ?

So what



They brought China to 19T

 

[Azaad]

So what



They brought China to 19T

They'd also take back China to 1.9 trillion USD soon.

 

[ym888]

They'd also take back China to 1.9 trillion USD soon.

We'll be at 20T in a few months

 

[another_armchair]

"The Data Was Pretty Bad": China Exports Unexpectedly Plunge Most Since COVID As Economic Slump Accelerates | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Exports declined by 14.5% year on year in dollar terms, worse than the -12.5% expected, worse than last month's 12.4% drop and the steepest fall since the outset of the coronavirus pandemic in February 2020; at the same time imports tumbled 12.4%, nearly three times as bad as the -5.0% expected and nearly double last month's -6.8% drop and the biggest decline since a wave of infections hit the mainland in January and one of the worst in recent years.

China reported that exports to the US tumbled even more, sliding a whopping 23.1%, and while the trade balance reported by the two sides has traditionally not overlapped, the trend is clear: global trade between the world's two superpowers is collapsing.

In a statement, China’s customs administration said imports were down 7.6 per cent to $1.46tn in the first seven months of the year, while exports were down 5 per cent at $1.94tn.

 

[Azaad]

We'll be at 20T in a few months

Were we discussing the long term future or the next few months ? Is Baidu translate the problem or your understanding ? Or both ?

 

[KurtisBrian]

We'll be at 20T in a few months

the advantages keeping out foreigners. Rome treated foreigners as slaves. Greece as slaves or helots. Both lasted a long time.

 

[Azaad]

the advantages keeping out foreigners. Rome treated foreigners as slaves. Greece as slaves or helots. Both lasted a long time.

Qing Dynasty says hi

 

[KurtisBrian]

Qing Dynasty says hi

That's right, foreigners plundered Qing China. Should have kept the foreigners out.
Foreigners saw the wealth of Qing China. That wealth attracted desire, unsustainable trade then an attack by 8 nations of greedy foreigners.

Qing dynasty might have paid gobs, signed a treaty and fallen but China was not conquered.

 

[Azaad]

That's right, foreigners plundered Qing China. Should have kept the foreigners out.
Foreigners saw the wealth of Qing China. That wealth attracted desire, unsustainable trade then an attack by 8 nations of greedy foreigners.

Qing dynasty might have paid gobs, signed a treaty and fallen but China was not conquered.

Greedy foreigners only or aided by more greedy Chinese who first invited those foreigners then sided with those foreigners to satiate an insatiable Chinese appetite for opium. It's all very well & convenient to blame foreigners.

Qing China wasn't conquered for the only entities which could do it had it's hands full . Britain had India, the French - Indo China & Russia had Siberia right up to Chinese Manchuria which it occupied in due course. It wasn't because the Qing had displayed any great martial spirit or prowess on the battle field. Had any of these entities been free of their encumberances China'd be a colony. Instead of bragging, you ought to be grateful to those colonies China avoided such a fate.

 

[KurtisBrian]

Greedy foreigners only or aided by more greedy Chinese who first invited those foreigners then sided with those foreigners to satiate an insatiable Chinese appetite for opium. It's all very well & convenient to blame foreigners.

interesting. kind of like blaming a woman in a short dress, who talks to a stranger, for getting raped. Others would blame the rapist and try to exclude him from society.

for you the conquest of the sub continent is the fault of greedy Indians who traded or sided with the Portuguese, Dutch and British.
There was indeed a long period of trade before the conquest began and the British had many allies.

 

[Wisemarko]

Stunning

 

[rockdog]

Stunning

Better check data from official website, don't waste forum resource.

https://fdi.mofcom.gov.cn/come.html

In the first half of this year, 24000 new foreign-invested enterprises were established, an increase of 35.7%;The actual use of foreign investment was 703.65 billion yuan, a decrease of 2.7%. Developed countries invest in meCapital continues to grow, with investment in France, the UK, Japan, and Germany increasing respectively173.3%, 135.3%, 53.0%, 14.2%. Continuously improving the quality of investment attractionRising investment in high-tech industries increased by 7.9%, accounting for an increase of 3.9 percentage pointsIt reached 39.4%, with a 28.8% increase in investment in high-tech manufacturing. OpenThe highland has a significant driving effect, with 21 pilot free trade zones absorbing foreign investment of 129.66 billion yuanYuan, an increase of 8.2%, accounting for 18.4% of the national weight.

 

[SexyChineseLady]

View attachment 217540

Falling 12% and 14% is pretty compared to other countries in an oncoming global recession!

India’s goods exports dropped 22% to hit 8-month low in June

India's goods exports in June hit 8-month low of $32.97B, down 22.02% YoY. Imports fell 17.5% to $53.1B, trade deficit at $20.13B. June marked 7th time in 9 months exports declined, but govt doing all it can to spur trade growth. Non-oil, non-gold imports fell 14.5%. Deficit manageable.

www.thehindu.com

Taiwan's exports had fallen for 11 straight months.

Taiwan's exports fall for 11th straight month but decline moderates - Focus Taiwan

Taiwan's exports fell more than 10 percent from a year earlier in July, marking the 11th year-on-year decline amid continued low global demand from end-users, the Ministry of Finance (MOF) said Tuesday.

focustaiwan.tw

China's car exports have grown 63% YoY in July. This a positive trend for the future:

 

[FalconSlayers]

Absolute peace!

We'll be at 20T in a few months

This is the confidence chinks have that I need in my life

 

[rockdog]

Absolute peace!

This is the confidence chinks have that I need in my life

You had college education? CPI rate is not deflation ...

 

[FalconSlayers]

You had college education? CPI rate is not deflation ...

Yup, entire world is illiterate, only stupid chinks are the most educated .

https://www.ft.com/content/03f028d6-3b6d-456c-a57b-b08590f1828f

Chinese economy slips into deflation as recovery falters and demand slows

Consumer price inflation data shows prices fell by 0.3% year on year in July

www.theguardian.com

Bloomberg - Are you a robot?

 

[FalconSlayers]

 

[rockdog]

It's called CPI. R u college educated?

 

[FalconSlayers]

Yup, entire world is illiterate, only stupid chinks are the most educated .

https://www.ft.com/content/03f028d6-3b6d-456c-a57b-b08590f1828f

Chinese economy slips into deflation as recovery falters and demand slows

Consumer price inflation data shows prices fell by 0.3% year on year in July

www.theguardian.com

Bloomberg - Are you a robot?

It's called CPI. R u college educated?

Keep seething wumao