China Economy: News & Discussion

[Jaymax61]

I sympathize with the workers and hope they can find new jobs soon

Son they are lining up for interviews. Not protesting unpaid wages.

As for lining up for jobs

 

[Jaymax61]

In a bad economy, unemployment goes up.

It's the same in all countries.

But we sa the Middle Kingdom. we wuz keengs and sheet. Our economy best.

What happened to all that BS?

 

[ym888]

Son they are lining up for interviews. Not protesting unpaid wages.

As for lining up for jobs

At least know the unemployment rate in India

India's growing 'Modi-made' economic crisis continues to spiral out of control: Congress on 'rising' unemployment rate

Congress accuses PM Modi of leaving a legacy of record unemployment as India's jobless rate reaches a two-year high. The party cites data from CMIE and highlights growing economic distress. Unemployment challenges educated youth, raising concerns.

economictimes.indiatimes.com

 

[Jaymax61]

At least know the unemployment rate in India

Meanwhile Winnie the pooh isnt even publishing data

 

[ym888]

But we sa the Middle Kingdom. we wuz keengs and sheet. Our economy best.

What happened to all that BS?

Big exporters are vulnerable to global markets,



Small exporting countries do not

 

[Jaymax61]

Big exporters are vulnerable to global markets,

Small exporting countries do not

And you need to put salt when you add tomatoes to curry base.

I can start typing random shit as well. Talk sense. If this is the level of understanding you have about economics, no wonder you guys up the proverbial shit creek with no paddle in sight

 

[ym888]

And you need to put salt when you add tomatoes to curry base.

I can start typing random shit as well. Talk sense. If this is the level of understanding you have about economics, no wonder you guys up the proverbial shit creek with no paddle in sight

Do you know more about economics than he does?

 

[Azaad]

In a bad economy, unemployment goes up.

It's the same in all countries.

India jobless rate rises to more than two-year high, CMIE says - CNBC TV18

Business News: Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.

www.cnbctv18.com

The overall rate rose to 10.05% last month from 7.09% in September

, data from the Centre for Monitoring Indian Economy Ltd. showed, the highest since May 2021. Rural unemployment jumped to 10.82% from 6.2%, while the urban rate eased slightly to 8.44%.

The devil always lies in the details Chang. Like your fellow Gaokao fail wumaos from MSS it seems you don't have basic training & intelligence to even read the article. You just go by the sensational headlines & think bingo, I've got them , going on to post garbage here & make a fool out of your self.

BTW - the economy is doing fine with 6% + growth expected this year just that it's purportedly not enough to create more jobs. But we'd wait for another 4-5 months before leaping to a conclusion.

Besides at least out here you've privately held media quoting non government & government data sources to critique the government. On the other hand, there's no data worth the name on unemployment figures in China since months. Anybody critiquing the CCP will probably be sentenced to 10+ years in a concentration camp with his social credit scores flushed down the toilet . That's glorious Zhongguo for you .

 

[Jaymax61]

Do you know more about economics than he does?

View attachment 228257

I know who he is and no I surely know less than him. Also he thinks you are screwing yourselves

China's Risky Business Crackdown | by Raghuram G. Rajan - Project Syndicate

Raghuram G. Rajan thinks the government's new “common prosperity” campaign could easily go overboard.

www.project-syndicate.org

 

[Azaad]

Do you know more about economics than he does?

View attachment 228257

He's aligned with the opposition Congress. He's expected to critique the government. That's how things are in a democracy. He's also not in favor of India trying to increase its mfg base. In that sense he's closer to CCP's vision of the world .

 

[ym888]

The devil always lies in the details Chang. Like your fellow Gaokao fail wumaos from MSS it seems you don't have basic training & intelligence to even read the article. You just go by the sensational headlines & think bingo, I've got them , going on to post garbage here & make a fool out of your self.

BTW - the economy is doing fine with 6% + growth expected this year just that it's purportedly not enough to create more jobs. But we'd wait for another 4-5 months before leaping to a conclusion.

Besides at least out here you've privately held media quoting non government & government data sources to critique the government. On the other hand, there's no data worth the name on unemployment figures in China since months. Anybody critiquing the CCP will probably be sentenced to 10+ years in a concentration camp with his social credit scores flushed down the toilet . That's glorious Zhongguo for you .

India needs to create 12 million jobs per year to be enough

So chronic underemployment in India is certain

 

[ym888]

He's aligned with the opposition Congress. He's expected to critique the government. That's how things are in a democracy. He's also not in favor of India trying to increase its mfg base. In that sense he's closer to CCP's vision of the world .

Do you know more about economics than he does?

 

[Jaymax61]

Ok so if Noodles, Manchurian and Momos (the three resident guests we have) could answer these items specifically on China (thats the thread right) without diverting.

1. Whats with the drop in exports when consumption is going up
2. Whats with record unemployment
3. Why are civil servants seeing salary cuts
4. Why is the pvt investment from the Republic of China AKA Taiwan going down.

 

[Azaad]

India needs to create 12 million jobs per year to be enough

So chronic underemployment in India is certain

Mean while China's billionaires are moving themselves & their wealth out in droves & according to wumaos here Chinese economy is booming.

China’s billionaires looking to move their cash, and themselves, out

Crackdowns on financiers, roiling political climate and slowing economy under Xi Jinping has many seeking exit plans

www.theguardian.com

 

[Azaad]

Do you know more about economics than he does?

Do you know more about economics than I do?

 

[Jaymax61]

Do you know more about economics than I do?

He studied communist economics

The Party owns everything
The Party is always right
If the Party is wrong, the person pointing it out must write multiple essays for self criticism till the Political Commissar is satisfied. Then if the person is lucky he will be sent to a re education camp of hard regime instead of his family being billed for a 9mm bullet
Oh and Long live the party

 

[ym888]

Mean while China's billionaires are moving themselves & their wealth out in droves & according to wumaos here Chinese economy is booming.

China’s billionaires looking to move their cash, and themselves, out

Crackdowns on financiers, roiling political climate and slowing economy under Xi Jinping has many seeking exit plans

www.theguardian.com

That's normal, even when the economy is going up.

Illegal Indian Immigrants in US: 97,000 Indians held trying to enter illegally says US customs | - Times of India

US & Canada News News: According to US Customs and Border Protection data, a record-breaking 96,917 Indians were apprehended while unlawfully crossing into the US between Oc

timesofindia.indiatimes.com

 

[Azaad]

That's normal, even when the economy is going up.

Illegal Indian Immigrants in US: 97,000 Indians held trying to enter illegally says US customs | - Times of India

US & Canada News News: According to US Customs and Border Protection data, a record-breaking 96,917 Indians were apprehended while unlawfully crossing into the US between Oc

timesofindia.indiatimes.com

Once again , are you comparing the flight of billionaires to ordinary people ? Besides in the past few months , the largest component of illegal aliens detained while trying to enter the US were Chinese. How come both your billionaires & lay people are exiting China when your economy is booming by your own countless posts on this topic out here ?!

 

[Jaymax61]

That's normal, even when the economy is going up.

Illegal Indian Immigrants in US: 97,000 Indians held trying to enter illegally says US customs | - Times of India

US & Canada News News: According to US Customs and Border Protection data, a record-breaking 96,917 Indians were apprehended while unlawfully crossing into the US between Oc

timesofindia.indiatimes.com

Read the thread title SLOWLY before you respond.

 

[ym888]

Besides in the past few months , the largest component of illegal aliens detained while trying to enter the US were Chinese.

Please prove "the largest component"