China Economy: News & Discussion

[srevster]

India's 4x400m Mens Relay Team just qualified for the World Championships Final for the first time!

---Brown Ballers is the home for brown athletes.We bring the best of sports, culture, and content to 25% of the world's population! #brownballers #indiarisin...

youtube.com

 

[srevster]

 

[srevster]

Thailand beats China, takes second place behind India as best nation for starting business

Thailand has secured the second position as the best country in the world to start a business in 2023, as per rankings published in the US News and World Report.

www.thestar.com.my

 

[srevster]

US Beats China Again To Remain India’s Top Trading Partner Second Year In A Row

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swarajyamag.com

 

[srevster]

Largest road networks in the world – India beats China to take the second spot | BusinessInsider India

The United States has the biggest road network in the world. It has a road network of 68,03,479 km, out of which 63 percent is paved and 37 percent is unpaved.

www.businessinsider.in

 

[srevster]

https://olympics.com/en/news/asian-champions-trophy-2023-hockey-india-vs-china-scores-result

 

[srevster]

World University Games: Indian women's compound archery team beats China to reach final

Chengdu (China): Indian women's compound archery team defeated hosts China to reach the final at the FISU World University Games, here on Friday.Indian team consisting of Purvasha Sudhir Shende,...

www.thehansindia.com

 

[srevster]

Aviation safety ranking: India jumps to 48th place in ICAO ranking; beats China, Denmark

India’s DGCA has earned its highest-ever effective implementation (EI) score of 85.49 per cent. In the last audit in 2018, India’s score was 69.95 per cent when it was at the 102nd rank with countries like Nepal (101st spot) Pakistan (100th spot), Bangladesh (94th spot) and Sudan (89th spot)...

www.timesnownews.com

 

[srevster]

India-Europe rail, power, hydrogen link to beat China

The new initiative would link railways, ports, electricity and data networks and hydrogen pipelines

www.asianage.com

 

[brational]

So, Chink EVs are getting their due attention in EU.
Every Made in CCPLand items will be taxed. EU has woken up along with rest of the world. EU will put pressure on CCP in the name of Uighurs and Tibetans.
Chinks stated to act as a mad dog after getting few dollars in their pocket and started to think that they are He-man the master of the universe and suddenly the reality bites them.

Going forward, Chinks will be breaking walnuts with their Hawa Hawai Mate 60.

 

[RoaringTigerHiddenDragon]

So, Chink EVs are getting their due attention in EU.
Every Made in CCPLand items will be taxed. EU has woken up along with rest of the world. EU will put pressure on CCP in the name of Uighurs and Tibetans.
Chinks stated to act as a mad dog after getting few dollars in their pocket and started to think that they are He-man the master of the universe and suddenly the reality bites them.

Going forward, Chinks will be breaking walnuts with their Hawa Hawai Mate 60.

This will always happen. Western Europe and Scandinavia is a woke place. Selling Chinese branded products in a woke place is like selling “why to speak truth” books to the Chinese. There are no takers.

 

[SexyChineseLady]

China is working on an EUV "plant" not just an EUV machine as one of its national semicon projects! This will spit out sub-5nm chips in a massive wave

 

[MiG-29SMT]

Minimum wage is only one side of the equation. Are there jobs that would even pay minimum wages?

for example, Chinese slave labor minimum wages is pretty much zero. Yet the youth unemployment there is like 40%. US minimum wages are $1550 yet the youth unemployment is less than 10%. Shows that job creation is more important. Mexico is doing the right thing by creating jobs in your country.

the chinese think every one will let them do what they want, well they are dictartorship.

(Bloomberg) — China lashed out at the European Union’s investigation into electric vehicle subsidies, saying the move will harm relations, while chiding foreign automakers for failing to keep up with technological innovations.

The chorus of criticism was joined by China’s top auto industry body and a leading Communist Party newspaper, signaling a new front may be set to open in global trade wars.

European Commission President Ursula von der Leyen on Wednesday said the global market is overrun with cheap Chinese cars with prices kept “artificially low by huge state subsidies.” The probe, which could take up to nine months, may lead to tariffs close to the 27.5% level already imposed by the US on Chinese EVs, according to a person familiar with the matter.

European Commission President Ursula von der Leyen in Beijing in April. REUTERS/Tingshu Wang
“The EU’s proposed measures to protect its own industry in the name of ‘fair competition’ are protectionism,” the nation’s Ministry of Commerce said in a statement Thursday. “China’s EV sector has grown rapidly in recent years and its competitiveness keeps improving, which is the result of persistent efforts of tech innovation. It is a competitive advantage won through hard work and its own strength.”

If the EU imposes duties, it would curtail one of the major growth markets for Chinese EV makers. While their European sales pale in comparison to market leaders like Volkswagen AG, Tesla Inc. and Stellantis NV, they are growing quickly. Zhejiang Geely Holding Group Co. is the top Chinese presence with brands that include Polestar, Volvo Cars and Lotus, and the likes of BYD Co. and Nio Inc. are also pushing into the continent.

Shares of leading Chinese EV makers fell Thursday. BYD declined as much as 3.8% and SAIC Motor Corp., which owns MG, dropped as much as 3.4%. Xpeng Inc. shed as much as 2.2% and Nio fell 2.7%.





1211.HK9868.HK600104.SS
While the near-term impact of the EU probe will likely be limited, it “may cast a shadow on the growth outlook of companies with aggressive expansion plans in the EU, like BYD,” Morgan Stanley analysts including Tim Hsiao said in a note to clients.

Nio, SAIC and Geely all declined to comment on the European probe.

The China Passenger Car Association, which represents automakers, said the nation’s booming EV exports aren’t because the industry received large subsidies, but because China’s supply chain is highly competitive. It is only now that Chinese companies pose a competitive threat that Western nations are starting to react.

The EU’s concerns are an “inevitable accompanying phenomenon after China’s new energy vehicles became stronger,” Cui Dongshu, secretary general of the PCA said in a statement. “Only when they become stronger will some people pay attention, and some people will feel uncomfortable.”

China Accuses EU of ‘Naked Protectionism’ in EV Aid Fight

(Bloomberg) -- China blasted the European Union’s probe into Beijing’s electric-car subsidies, as the battle to access the bloc’s growing market risks sparking a trade war between the two economic powerhouses.Most Read from BloombergF-35 Debris Found After a $100 Million Fighter Jet Went...

www.yahoo.com

 

[MiG-29SMT]

BEIJING (Reuters) -A European Commission investigation into Chinese electric vehicles believed to have benefited from state subsidies will have a "negative" impact on economic and trade ties, China's commerce ministry warned on Thursday.

The investigation launched on Wednesday will determine if punitive tariffs are warranted to protect EU producers from what European Commission President Ursula von der Leyen described as a "flood" of cheaper Chinese EV imports.

"China believes the investigative measures proposed by the European Union are in reality to protect its own industry in the name of 'fair competition'," the commerce ministry said in a statement.

"It is a naked protectionist act that will seriously disrupt and distort the global automotive industry and supply chain, including the EU, and will have a negative impact on China-EU economic and trade relations."


The probe, initiated by the European Commission and not from any industry complaint, will further irritate a tense relationship with China partly strained by trade and investment imbalances.

In 2022, China's exports to the EU rose 8.6% to $562 billion, according to Chinese customs data. But imports from the EU slumped 7.9% to $285 billion due to weaker Chinese demand and sharply widened the EU's trade deficit with China for the second year.

(Reporting by Ryan Woo; additional reporting by Ellen Zhang; Editing by Clarence Fernandez and Jamie Freed)

China denounces Europe probe of EVs as 'naked protectionist' act

BEIJING (Reuters) -A European Commission investigation into Chinese electric vehicles believed to have benefited from state subsidies will have a "negative" impact on economic and trade ties, China's commerce ministry warned on Thursday. The investigation launched on Wednesday will determine if...

www.yahoo.com

 

[SexyChineseLady]

This is basically the Modern Silk Road. Historically global trade always has China as the fulcrum

 

[srevster]

So the CCP bears the cost of subsidizing the loss and the tarrif

 

[Azaad]

1 sector down, many more to go but suffice to say this IS going to be the trend going into the future so much so that I wouldn't be exaggerating in the least if I were to predict that ~75% of our imports from China will report the same news by 2030.

 

[Azaad]

 

[rockdog]

World University Games: Indian women's compound archery team beats China to reach final

Chengdu (China): Indian women's compound archery team defeated hosts China to reach the final at the FISU World University Games, here on Friday.Indian team consisting of Purvasha Sudhir Shende,...

www.thehansindia.com

Wu Yanni is the hottest girl now, beauty and champion.

And Indian athlete also gained medal.



Check how hot she is:

View attachment mmexport1694746844750.jpg

View attachment mmexport1694746844750.jpg


@SexyChineseLady do you like this style gal? I do ^_^

 

[RoaringTigerHiddenDragon]

I don’t why the Chinese think they will collapse. No one expects that at all as the CCP still has some resources to stabilize. What are collapsing are:
- giant superpower ego
- 10-dash line
- Xinnie the pooh
- peasants bank accounts
- foreign tourism
- 3 gorges dam
- cities that were built on export led model like in Fujian province
- threats to Taiwan.
- role in G20
- global south leadership
- respect in African Union
- BRI, OBOR
- semiconductor dominance
- supply chain dominance
- PLA morale
- Forbidden city due to floods
- flooding the world with junk made from Tibet or Uighur slave labor
- food security
- jet engine development as now all sensitive tech is banned for china
- several buildings in all major cities
- roads and bridges on highways to nowhere
- credit rating
- yuan
- wumao payscale
- Stock exchange indexes
- marriage and child birth
- CCP bots spamming In DFI, WION, FirstPost etc.