Chinese Economics Thread

Discussion in 'Members' Club Room' started by Norfolk, Jan 10, 2008.

  1. phynex92
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    phynex92 New Member
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    The new iPhone 11 Pro look like a mutated version of Huawei Mate 20 Pro from last year. LOL

    upload_2019-9-11_23-35-23.png
     
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  2. PiSigma
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    PiSigma "the engineer"

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    That is because Huawei stole an American time machine, then went back in time and stole Apple's iPhone design... Duh.
     
  3. Tam
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    Tam Senior Member
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    Ugh, the new iPhone looks ugly. No wonder Jony Ive quit.
     
  4. Jura
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    Jura General

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    now I read this
    Commentary: Stable growth of foreign trade reflects China's strong economic resilience
    Xinhua| 2019-09-12 20:37:01 http://www.xinhuanet.com/english/2019-09/12/c_138387413.htm

     
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  5. AssassinsMace
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    Equation, N00813, Appix and 2 others like this.
  6. supercat
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    supercat Junior Member

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    https://www.cnbc.com/2019/09/13/chinas-new-cryptocurrency-and-yuan-rmb-internationalization.html

    https://info.binance.com/en/research/marketresearch/CBDC.html#fn14
     
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  7. AssassinsMace
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    There goes that notion that US allies will help the US in ganging up against China. It's just an opportunity for any US ally to make all the money while others don't. The only US companies leaving China are the smaller companies that have only Americans as customers. The ones that have international customers will be staying in China and they'll just avoid shipping to the US to avoid tariffs while Americans will have to pay the added costs from manufacturing outside of China. Trump may not understand that because last year he thought the US made a lot of money from China's Single's Day thinking products sold and shipped within China were tariffed by the US.
     
  8. Tam
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    Tam Senior Member
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    I don't know and I don't think China will ever get rid of or even want to do so, with Boeing. Boeing does need to convince the Chinese aviation regulation authority --- and not just the FAA which took a banana in the face on this event --- that their 737-Maxes are going to be safe.

     
    #10458 Tam, Sep 13, 2019
    Last edited: Sep 13, 2019
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  9. Anlsvrthng
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    Anlsvrthng Senior Member
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    How?

    China running a net trade surplus, means there is a LACK of yuans on the global market.


    To be an effective mediator of transactions it needs to presents in similar volume in the hand of international institutions/ individuals like the pound/dollar.

    I mean, it is against the basic arithmetic .
     
  10. vincent
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    vincent Senior Member

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    Ever heard of currency SWAP agreements?

    China and Japan sign US$29 billion currency swap to forge closer ties
     
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