China Economy: News & Discussion

[srevster]

Which economy looks like it’s growing?

sensex grew by 83%
sse grew by 13%
No comparison!

 

[srevster]

Common sense question:

as an investor do you invest money into something growing 83% or 13%?

At the end of the day what matters is ROI

if I invest 1T in China in 2018, I get 1.13T back

if I invest 1T in India in 2018, I get 1.83T back

any investor will favor the higher returns

 

[Cheepek]

 

[ym888]

Let’s wait for some time and see the reliability of the system. Simply doing something is not great. Need to sustain it.

Don't worry



Must be more reliable than Indian railways

 

[RoaringTigerHiddenDragon]

Don't worry



Must be more reliable than Indian railways

Probably not. India has a track record of high quality metro trains exported all over the world including for developed nations. Indian rickshaws, two wheelers, tractors etc have consistently proven their value for the developing world. Meanwhile most developing countries have been complaining left and right about the poor chinese quality and unethical price gouging.
It is one thing to pass sarcastic remarks but another thing to know that wingloooong 2 is the most failed military drone export ever.

 

[ym888]

You are totally mistaken and brainwashed by CCP. Level of technology does not matter. The benefits that happen from it is what matters. Nazis were world leaders in many technologies. However Americans invented the radio, microwave, electricity and transistors which changed everything. Chinese technology has had no impact much like the Nazi tech.
India will not enter into any sort of race with China as Chinese tech is for show off and really not needed.
India will follow the Japanese model, which Koreans adopted. Tech transfer of precision manufacturing from the US and HSR from Japan puts india miles ahead of China in many things. Both Japanese and Korea products have been successful. India’s utilization of technology like UPI and EVMs have improved humanity far more than any Chinese tech ever will. China can never match India in rolling out such far reaching technology.
I have analyzed all trends and I am 100% confident that it is India’s responsible technology that the world will benefit from and not China’s. Tech adoption is based on trust and of course India scores much better than China in that.

How India is emerging as the world’s technology and services hub

Discover how India can become a technology hub in the world. Learn more about it in the latest report India@100.

www.ey.com

.

It doesn't help to claim to copy a national model,



India's R&D is always so low

China's Drive for Leadership in Global Research and Development

China has made significant progress in R&D expenditures over the past two decades, surpassing Japan and Germany, narrowing the gap with the United States, and reflecting its determination to compete in innovation for the foreseeable future.

www.csis.org

 

[ym888]

Probably not. India has a track record of high quality metro trains exported all over the world including for developed nations. Indian rickshaws, two wheelers, tractors etc have consistently proven their value for the developing world. Meanwhile most developing countries have been complaining left and right about the poor chinese quality and unethical price gouging.
It is one thing to pass sarcastic remarks but another thing to know that wingloooong 2 is the most failed military drone export ever.

First to improve the situation here

 

[RoaringTigerHiddenDragon]

First to improve the situation here

These are selective occurrences happening on a certain flooded day when a lot of trains were cancelled. Mumbai suburban system is actually very good. It is extensive, green and affordable.

 

[Azaad]

China's Drive for Leadership in Global Research and Development

China has made significant progress in R&D expenditures over the past two decades, surpassing Japan and Germany, narrowing the gap with the United States, and reflecting its determination to compete in innovation for the foreseeable future.

www.csis.org

Right , this is an argument I was having with your fellow wumao a few days back. Since China's one of the top spenders in R& D & is "acknowledged" to be a world leader in innovation , pls list here the wonderful inventions undertaken by China. What great products have you invented or innovated? Pls produce a list here .

 

[RoaringTigerHiddenDragon]

It doesn't help to claim to copy a national model,



India's R&D is always so low

China's Drive for Leadership in Global Research and Development

China has made significant progress in R&D expenditures over the past two decades, surpassing Japan and Germany, narrowing the gap with the United States, and reflecting its determination to compete in innovation for the foreseeable future.

www.csis.org

Simply pumping in money or filing thousands of patents is not going to get you to build valuable R&D. That is a fantasy that the CCP has fed everyone. Like everything with CCP, I am sure 30-40% of the R&D spend is corruption and wasted money. It is impossible for China to innovate original tech under the CCP. This has been well researched and proven now that China has not been able to deliver not even a single world beating tech. I don’t event want to discuss this anymore as it is 100% certain now that Chinese R&D has failed to deliver for the amount of money pumped in.

 

[ym888]

These are selective occurrences happening on a certain flooded day when a lot of trains were cancelled. Mumbai suburban system is actually very good. It is extensive, green and affordable.

Is it always like this

 

[rockdog]

Is it always like this

Actually i m OK with how rush it is, Tokyo also like this during rush hours. But the scary part is are they still making the doors open during the driving, and people still hanging outside？

 

[RoaringTigerHiddenDragon]

Actually i don't care too much about how rush it is, Tokyo also like this on rush hours. But the scary part is are they still making the doors open during the running, and people still hanging outside？

View attachment 228162

Yes…I don’t like the open doors either but closing doors would require Japanese style pushers so the train moves and not holds up other trains. once all the Mumbai metro trains come online by 2025, the rush should decrease. Mumbai is chaNG ing quite a bit with construction all over the place disturbing all kinds of traffic. Entire new road systems are being built. All of that has to get activated by early next year. And transport model should change completely.

 

[rockdog]

First to improve the situation here

@ym888

Q1-Q3 2023, the China Railway group made profit around $2 Billion, the income was $120 Trillion.

10th March 31st disclosed 2023 financial results for the first three quarters. In the last three quarters, National Railway Group achieved total business income of 9080 billion yuan, an increase of 1258 billion yuan compared to the previous quarter, an increase of 16.1%, and achieved a profit of 121 billion yuan.

国铁集团前三季度实现营业总收入9080亿元 盈利121亿元_中国经济网――国家经济门户

Since most of main HSR network are finished, now there will be more profit in coming yrs.

 

[Azaad]

Actually i m OK with how rush it is, Tokyo also like this during rush hours. But the scary part is are they still making the doors open during the driving, and people still hanging outside？

View attachment 228162

Mumbai is a city for the tough . No room here for those milquetoasts needing to be molly cuddled. The local trains are pretty much a microcosm of the attitudes of the people here where go getters are preferred & it prepares one for a tough life ahead.

Just like in many other cities it's not unusual to come across immigrants here who arrive broke but within a decade or two become multi millionaires who recall all those scintillating & exciting journeys on local trains as having laid the groundwork for their struggles in real life similar to that on the local trains which they endured & overcame to build up their empires major or minor.

I don't expect outsiders least of all mainlander
Chinese to understand this phenomenon . Hong Kongers would understand this phenomenon immediately although given their natural arrogance they'd be loathe to accept it .

 

[Azaad]

Is it always like this

That's Thane station. The burgeoning crowds there are a recent phenomenon thanks to the burgeoning of the city which was not heavily populated earlier. No ghost towns here too in spite of being one of the major cities in India undergoing rapid expansion. However in a couple of years there are at least 4 metro rail networks scheduled to go on line which'd considerably de congest the main line & its stations. Plenty more metro rail networks in various stages of planning.

 

[assassin162]

https://www.ft.com/content/c32c7b86-7420-4ffb-8d41-163f315ff72a

More and more sectors are going to go China + 1. 95% of containers as of now are being built in China..... But things are scheduled to change.

 

[Jaymax61]

Foreign Investors to China

 

[ym888]

The Americans sell grain and the Russians sell energy

U.S. farm leaders, visiting China, talk up agriculture trade

Dozens of U.S. agriculture industry representatives gathered in Beijing on Thursday to meet Chinese counterparts amid growing U.S. efforts to bolster farm trade even as political ties between their two countries remain strained.

www.reuters.com

China, top Russian energy firms discuss developing oil and gas fields -CNPC

China is in talks with Russia's Rosneft , Gazprom and Novatek about the joint development of oil and gas fields and hydrocarbon trade, state-owned China National Petroleum Corporation (CNPC) said on Wednesday.

www.reuters.com

 

[Azaad]

The Americans sell grain and the Russians sell energy

U.S. farm leaders, visiting China, talk up agriculture trade

Dozens of U.S. agriculture industry representatives gathered in Beijing on Thursday to meet Chinese counterparts amid growing U.S. efforts to bolster farm trade even as political ties between their two countries remain strained.

www.reuters.com

China, top Russian energy firms discuss developing oil and gas fields -CNPC

China is in talks with Russia's Rosneft , Gazprom and Novatek about the joint development of oil and gas fields and hydrocarbon trade, state-owned China National Petroleum Corporation (CNPC) said on Wednesday.

www.reuters.com

This is what Netherlands has achieved. How come an innovative country like China not copied , ooops so sorry , not innovated something like this ? Why do you need to depend on the gwailou for essential food stuff & pork ?



Why isn't China producing hydrogen in massive quantities to rid itself of dependencies on Russia or the Middle East . I mean surely you'd get more returns on investment on hydrogen than on HSR or building ghost cities.