China Economy: News & Discussion

[SexyChineseLady]

Vietnam seeking to learn from China with high-speed rail plan

HANOI: Vietnam is seeking to learn from China to develop its first high-speed railway network, according to its government, with plans in the works for a rail line running the length of the country.

www.bangkokpost.com

Vietnam will be the last country to develop through the East Asian Model.

1) Japan developed and invested in the Four Tigers (South Korea, Hong Kong, RoC, Singapore)

2) Four Tigers developed and invested in China along with Japan

3) China developed and is investing in Vietnam along with Four Tigers and Japan

When Vietnam is developed there will no longer be another East Asian country left save for North Korea that is undeveloped so the Model could end here.

Other SE Asian countries like Thailand, Malaysia and Indonesia can approximate but without the Sinosphere/Confucian underpinnings they will grow under a different model.

 

[skywatcher]

Vietnam will be the last country to develop through the East Asian Model.

1) Japan developed and invested in the Four Tigers (South Korea, Hong Kong, RoC, Singapore)

2) Four Tigers developed and invested in China along with Japan

3) China developed and is investing in Vietnam along with Four Tigers and Japan

When Vietnam is developed there will no longer be another East Asian country left that is undeveloped so the Model ends here.

Other SE Asian countries like Thailand, Malaysia and Indonesia can approximate but without the Sinosphere/Confucian underpinnings they will grow under a different model.

Mongolia should be considered as a Central Asian country

 

[SexyChineseLady]

Mongolia should be considered as a Central Asian countryView attachment 247780

Yes. Not Confucian. Very different work and academic ethics from East Asia

 

[SexyChineseLady]

China has by FAR the highest wage growth in the past two decades

Countries like India should have taken exports away from China years ago since they are much MUCH cheaper labor

 

[SexyChineseLady]

China's exports and trade surplus have rachet up massively since the trade war began in 2018!

 

[SexyChineseLady]

The Four Asian Tigers all reached developed status just as their birthrate collapsed. The idea of "getting old before they got rich" is BS since they all got rich, passing the per capita income of Japan, as they got old.

The same thing will happen to China. And it has better demographics than the Four Tigers at the same stage. China will eventually reach Japan's per capita income. At that point, the Chinese economy will be 4 times the US even in nominal:

China is not turning Japanese - Asia Times

Days and nights in Kyoto Days and nights Night and days In Kyoto Welcome to information retrieval – Michael Kamen, Brazil As the threat of deflation

asiatimes.com

While the Asian Tigers’ birthrates started declining about ten years after Japan, they fell more precipitously and at lower per capita GDP levels. Taiwan’s birthrate has just about fallen to Japan’s level while South Korea’s has sunk far below. Singapore and Hong Kong population charts look no better despite immigration being a viable option.

What did not happen in any of the Asian Tigers is the hoary “getting old before getting rich” canard. Collapsing birthrates did not, in fact, prevent any of the Asian Tigers from catching up to and exceeding Japan’s per capita GDP.

...

Compared to the Asian Tigers, China is the least likely to suffer Japan-style economic stagnation as a result of demographics, which, in any case, none of them has (yet).

...

China’s human capital upgrade is just beginning to hit its stride while, in the 1990s, Japan’s was peaking. China’s college-educated workforce will not peak for another 30 years. To prevent education from eating its young, China recently outlawed the entire for-profit tutoring industry.

In the next two to three decades, China will be flooding its workforce with newly minted scientists and engineers to staff companies you never heard of just a short while ago – CATL, BYD, DJI, miHoYo, BOE.

There will surely be more. Attributing Japan’s lost decades to financial mismanagement is to mistake the symptom for the disease. Japan failed to upgrade the quality of its workforce after the Plaza Accord; it was simply outcompeted by China and South Korea, both of which did.

Analysts who obsess over Chinese property developers’ balance sheets, investment/consumption balances and local government debt are missing the forest from the trees.

How it’s all financed is of tertiary importance. China, like Japan, South Korea or any other economy, has always been a human capital story. It’s people all the way down.

 

[rockdog]

The Four Asian Tigers all reached developed status just as their birthrate collapsed. The idea of "getting old before they got rich" is BS since they all got rich, passing the per capita income of Japan, as they got old.

The same thing will happen to China. And it has better demographics than the Four Tigers at the same stage. China will eventually reach Japan's per capita income. At that point, the Chinese economy will be 4 times the US even in nominal:


View attachment 247796

China is not turning Japanese - Asia Times

Days and nights in Kyoto Days and nights Night and days In Kyoto Welcome to information retrieval – Michael Kamen, Brazil As the threat of deflation

asiatimes.com

While the Asian Tigers’ birthrates started declining about ten years after Japan, they fell more precipitously and at lower per capita GDP levels. Taiwan’s birthrate has just about fallen to Japan’s level while South Korea’s has sunk far below. Singapore and Hong Kong population charts look no better despite immigration being a viable option.

What did not happen in any of the Asian Tigers is the hoary “getting old before getting rich” canard. Collapsing birthrates did not, in fact, prevent any of the Asian Tigers from catching up to and exceeding Japan’s per capita GDP.

...

Compared to the Asian Tigers, China is the least likely to suffer Japan-style economic stagnation as a result of demographics, which, in any case, none of them has (yet).

...

China’s human capital upgrade is just beginning to hit its stride while, in the 1990s, Japan’s was peaking. China’s college-educated workforce will not peak for another 30 years. To prevent education from eating its young, China recently outlawed the entire for-profit tutoring industry.

In the next two to three decades, China will be flooding its workforce with newly minted scientists and engineers to staff companies you never heard of just a short while ago – CATL, BYD, DJI, miHoYo, BOE.

There will surely be more. Attributing Japan’s lost decades to financial mismanagement is to mistake the symptom for the disease. Japan failed to upgrade the quality of its workforce after the Plaza Accord; it was simply outcompeted by China and South Korea, both of which did.

Analysts who obsess over Chinese property developers’ balance sheets, investment/consumption balances and local government debt are missing the forest from the trees.

How it’s all financed is of tertiary importance. China, like Japan, South Korea or any other economy, has always been a human capital story. It’s people all the way down.

March & Q1 2024, Russian automobile market, 2nd and 9th are all Chinese brands.... Top1 is Lada, but lots of Chinese components.

 

[omaebakabaka]

Chuang is over. You would need to wait till next year for the Boy Band edition

No idea what that is, just post movie or TV or glamour shit in different thread so some of us can be spared from that shit. We already have it plastered everywhere in our own country.

 

[SexyChineseLady]

No idea what that is, just post movie or TV or glamour shit in different thread so some of us can be spared from that shit. We already have it plastered everywhere in our own country.

It is a survival show by Tencent with drew hundreds of millions of votes across East and SE Asia

This is a new pop culture economy exemplified by Tencent's shows (including dramas), SM like Tik Tok and fashion companies like SHEIN:

This is bigger money-wise than a lot of industrial sectors

 

[SexyChineseLady]

It will be very funny when China's full nuclear power grid comes online -- so much power along with solar and wind while US will still use mainly fossil fuel

 

[MiG-29SMT]

Maybe not everyone needs a car. But every Chinese family should have at least a car. It's the Chinese way of life.View attachment 247776

you are correct no one has the right to say to any one about if they can buy or not buy a car.

Even what brand.

however there are prices you need to pay, environmentally having a car does have consequences.

If a person choses to have a car he is also paying a price in partuculate matter, CO2 environmental footprint, water scarcity and destruction of the soil layer that allows life.

Most people do not pay economically for that, and the rest we pay with our health being damaged, and animals and plants die.


Any person with environmental knowledge will tell you that trains are a better solution, same walking and cycling.

City planners know it but the car lobby makes so much money to convince people it is the only solution regardless of the health problems and environmental damage cars generate.

If you want to have a car have it, but the price you will pay it either economically to recycle or with health issues that will generate diseases in you and your loved ones.

 

[MiG-29SMT]

It is a survival show by Tencent with drew hundreds of millions of votes across East and SE Asia

This is a new pop culture economy exemplified by Tencent's shows (including dramas), SM like Tik Tok and fashion companies like SHEIN:
View attachment 247837
View attachment 247838

This is bigger money-wise than a lot of industrial sectors

In China millions of men can not have a wife good way to keep them happy pictures nationalism and weapons but not real wife, Basically they are wankers

 

[MiG-29SMT]

China has by FAR the highest wage growth in the past two decades

Countries like India should have taken exports away from China years ago since they are much MUCH cheaper labor
View attachment 247783

Tata Motors stock soars on EV dominance in India, Jaguar rebound
Indian automaker seeks further boost from split into 2 listed companies

Tata Motors stock soars on EV dominance in India, Jaguar rebound

Indian automaker seeks further boost from split into 2 listed companies

asia.nikkei.com

Mexico replaces China as top exporter to U.S. in 2023
Trade deficit between world's two largest economies falls to lowest level since 2010

Mexico replaces China as top exporter to U.S. in 2023

Trade deficit between world's two largest economies falls to lowest level since 2010

asia.nikkei.com

 

[MiG-29SMT]

It will be very funny when China's full nuclear power grid comes online -- so much power along with solar and wind while US will still use mainly fossil fuel

View attachment 247841

In China's coal country, full steam ahead with new power plants despite climate pledges

https://www.reuters.com/sustainability/chinas-coal-country-full-steam-ahead-with-new-power-plants-despite-climate-2023-11-30/

stupidity means speak without knowledge

electric grid china 62% coal, USA 19%

USA nuclear 18% China 2%

China pollutes more because China uses coal more


Life-cycle assessment – the method for determining emissions

• Hydropower: approximately 4 g CO2e/kWh.
• Wind power: approximately 11 g CO2e/kWh.
• Nuclear power: approximately 12 g CO2e/kWh.
• Solar power: around 41 g CO2e/kWh.
• Natural gas: 290-930 g CO2e/kWh.
• Oil: 510-1170 g CO2e/kWh.
• Coal: 740-1689 g CO2e/kWh.

Sep 20, 2023

Comparing CO2 emissions from different energy sources

When you produce electricity, you generate greenhouse gas emissions – and this is true for fossil-free energy sources as well. Even if the actual production of electricity does not generate emissions, there is a life-cycle perspective to consider.

www.cowi.com

 

[MiG-29SMT]

It will be very funny when China's full nuclear power grid comes online -- so much power along with solar and wind while US will still use mainly fossil fuel

View attachment 247841

Brazil leaves China as a polluting source, since brazil has a much cleaner way of electricity generation.



In 2023, Brazil recorded a significant consumption of low-carbon electricity totaling 635.29 TWh from sources such as hydropower, wind, biofuels, nuclear, and solar energy. More than half of the country's low-carbon power, approximately 422 TWh, was generated by hydropower. Combined, wind and biofuels contributed nearly to 151 TWh. Despite this, less than a tenth of energy was generated through fossil fuel sources, including gas, coal, and oil, with a total contribution of about 55 TWh. When compared globally to the average of 410 watts/person, the repercussion of Brazil's minimal fossil energy production is noticeable, marked by lower levels of pollution and significant reductions in contributed greenhouse gases.

Understand low-carbon energy in Brazil through Data | Low-Carbon Power

Understand how electricity generation changed in Brazil since 1971. Develop a data-based Opinion with Low-Carbon Power & Monitor the Transition to Low Carbon.

lowcarbonpower.org

vs

 

[MiG-29SMT]

March & Q1 2024, Russian automobile market, 2nd and 9th are all Chinese brands.... Top1 is Lada, but lots of Chinese components.

View attachment 247812

Due to the shrinking market and overcapacity, more and more lithium battery companies are closing down: slitting machines, roller presses, winding machines, and glove boxes. The parts that were originally purchased at a huge cost have now become pile after pile of scrap.

when china was a civilized land

got corrupted

and later western capitalism entered corrupt false communist thought let us make money with our human cattle

 

[rockdog]

View attachment 247880

Brazil leaves China as a polluting source, since brazil has a much cleaner way of electricity generation.



In 2023, Brazil recorded a significant consumption of low-carbon electricity totaling 635.29 TWh from sources such as hydropower, wind, biofuels, nuclear, and solar energy. More than half of the country's low-carbon power, approximately 422 TWh, was generated by hydropower. Combined, wind and biofuels contributed nearly to 151 TWh. Despite this, less than a tenth of energy was generated through fossil fuel sources, including gas, coal, and oil, with a total contribution of about 55 TWh. When compared globally to the average of 410 watts/person, the repercussion of Brazil's minimal fossil energy production is noticeable, marked by lower levels of pollution and significant reductions in contributed greenhouse gases.

Understand low-carbon energy in Brazil through Data | Low-Carbon Power

Understand how electricity generation changed in Brazil since 1971. Develop a data-based Opinion with Low-Carbon Power & Monitor the Transition to Low Carbon.

lowcarbonpower.org

View attachment 247881

View attachment 247882

vs

View attachment 247883
View attachment 247884

LOL, u r lying again.


They have bad power grid system, and China came to manage, even for their supply to 2016 Olympic game .

China takes leading role in Brazil’s power sector

China takes leading role in Brazil’s power sector

China Three Gorges now a major player but 6000MW portfolio includes controversial hydro projects

dialogochino.net

POWERCHINA assists the Rio 2016 Olympics

POWERCHINA assists the Rio 2016 Olympics

www.chinadaily.com.cn

China: the next electricity owner in Latin America

China: the next electricity owner in Latin America - Latinoamérica 21

Analysis L21 | Focus on the electricity sector. China: the next electricity owner in Latin America.

latinoamerica21.com

 

[rockdog]

View attachment 247885
View attachment 247886
View attachment 247887
Due to the shrinking market and overcapacity, more and more lithium battery companies are closing down: slitting machines, roller presses, winding machines, and glove boxes. The parts that were originally purchased at a huge cost have now become pile after pile of scrap.


View attachment 247888

when china was a civilized land
View attachment 247889

got corrupted
View attachment 247890

and later western capitalism entered corrupt false communist thought let us make money with our human cattle

U don't have a car, don't know what's happening in the world.

Toyota reportedly to use Huawei's assisted driving solution in its global models

Toyota reportedly to use Huawei's assisted driving solution in its global models

Toyota's global models will use a solution jointly developed by the carmaker with Huawei and Momenta, according to local media.

cnevpost.com

 

[Azaad]

Greater China dominates Asia for higher learning
China: 74
Hong Kong: 5
Taiwan: 5
Macau: 1

Other East Asia:
Japan: 12
South Korea: 11
Singapore: 1
Thailand: 1
Malaysia: 1

Other Asia:
Saudi Arabia: 4
Iran: 1
India: 1
Pakistan: 1
Turkey: 1

So how many foreign students especially from the west studying in these Globally acknowledged premier universities of the world versus how many Chinese students studying in such western universities ?

Besides how come practically all of the CCP members have their offspring or immediate family members studying & settled abroad including the only child of great helmsman 2.0 ?

What infomeme from the MSS or article by a paid stooge from western publications do you have to refute or justify these facts ?

 

[MiG-29SMT]

LOL, u r lying again.


They have bad power grid system, and China came to manage, even for their supply to 2016 Olympic game .

China takes leading role in Brazil’s power sector

China takes leading role in Brazil’s power sector

China Three Gorges now a major player but 6000MW portfolio includes controversial hydro projects

dialogochino.net

POWERCHINA assists the Rio 2016 Olympics

POWERCHINA assists the Rio 2016 Olympics

www.chinadaily.com.cn

China: the next electricity owner in Latin America

China: the next electricity owner in Latin America - Latinoamérica 21

Analysis L21 | Focus on the electricity sector. China: the next electricity owner in Latin America.

latinoamerica21.com

To much fantasy of you, In all countries there are private sector and government sector.

In Mexico, China can not control the electricity, they can invest but can not own every thing or most of it.


In a recent study, the Instituto Mais Democracia reveals who the owners of
five largest hydroelectric plants in the Amazon region, namely: Santo Antonio, Jirau, Belo
Monte, Estreito and Teles Pires. In addition to the already expected relationship between the electricity sector and mining companies – notably Vale and Alcoa –, such as self-producers and largest consumers, the ostensible presence of the three largest groups private companies in the country in the civil construction sector: Odebrecht, Camargo Correa and Andrade
Gutierrez. It should be noted that they are not only in the construction stage, but in the
consortia responsible for the operation of these hydroelectric plants

Loading…

www.corecon-rj.org.br

Any way Brazil is cleaner than China.

Panorama del mercado energético en Brasil | METRON

En Brasil, el objetivo primordial de garantizar el suministro seguro de electricidad que demandan los consumidores y con tarifas...

www.metron.energy