Chinese Economics Thread

[Bellum_Romanum]

https://twitter.com/i/web/status/2000061282482090200

China is only US$770 billion behind the import level of the world's largest importer: the USA.

The difference was US$1 trillion before. China will eventually become the world's largest importer in the future, surpassing the USA, and will be the world's largest exporter and importer.

Well, if you combine HKs import, the total import value would be only short of $70B to equal that of the U.S. import would it not?

 

[Gloire_bb]

Conversely there needs to be relative disincentives to staying single. Not saying you must punish people for not getting married, but rewarding family formation is effectively the same thing.

A devoted legist would disagree!
(joke ofc, but precedent for state family management stands firmly in Chinese history from early on)

 

[PopularScience]

Well, if you combine HKs import, the total import value would be only short of $70B to equal that of the U.S. import would it not?

Does it count the import from mainland?

 

[antiterror13]

Well, if you combine HKs import, the total import value would be only short of $70B to equal that of the U.S. import would it not?

Hong Kong’s domestic market is tiny (7.5 million people), but its re‑exports are enormous. In 2023, Hong Kong re‑exported HK$2,661B worth of goods. Imports were HK$2,144B in 2024.

Most goods that “enter” Hong Kong don’t stay — they are immediately shipped onward to: Mainland China. Southeast Asia, The US, Europe. Hong Kong is basically a giant logistics hub.

Hong Kong’s economy is built on trade, not manufacturing. Hong Kong is a gateway for Mainland China