Chinese Economics Thread

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

  1. Jura
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    Jura General

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    I got intrigued;

    on top of my google search
    us+soybean+production+2018 is

    Soybean Production Up in 2018, USDA Reports Winter Wheat ...

    https://www.nass.usda.gov › Newsroom



    on top of my google search
    us+soybean+production+2019 is

    USDA cuts 2019-20 yield forecast for US soybeans | Hellenic ...

    https://www.hellenicshippingnews.com › usda-cuts-2019-20-yield-forecast-f...



    1 bushel of soy is 27.2155 kg (http://www.solluscapital.com.br/English/conversion_table.html)
    so:
    2018 US soybean production was 4.54e9*0.0272 (rounding) about 123 million tons
    2019 estimate: about 95 million tons
     
  2. Jura
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    Jura General

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    here's what Glob. Times had to say:
    China to exempt tax on US soybeans, pork
    http://www.globaltimes.cn/content/1172516.shtml Published: 2019/12/6 17:47:15

     
  3. Jura
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    Jura General

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    GDP growth-estimates inside
    Trade war impact on Chinese economy to dwindle in 2020 http://www.globaltimes.cn/content/1172537.shtml

    I have just one comment:
    Oct 19, 2019
     
  4. Gatekeeper
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    Gatekeeper Senior Member
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    I know this video is more than 18 months old, but it is true today. It's from the BBC, so the western posters here should accept it as legit!

    I think the reporter gets it, she know this is what the trade war is all about. It is not the espionage, security, "forced hand over of tech", "unfair practices" "stolen tech". Hwawai, and Hong Kong!

    It is about America's fear of being displaced as the world No.1!

    Watch till the end and you will hear her comment:

    "This is what got the Americans worried"!

    https://www.bbc.co.uk/news/av/44652064/made-in-china-2025-how-china-aims-to-be-known-for-quality
     
    Aniah, DigoSSA, Appix and 3 others like this.
  5. 2handedswordsman
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    2handedswordsman New Member
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    Seems that comrades sucked it a bit. Or just fool with his majesty. That's a cost for not concentrating to the goal properly. Stalinist mode proved really efficient of growth during really difficult times, Social objectives are more clearer in socialism rather capitalism. After 2025, there's no excuse of CCP to fail. LOL
     
  6. AssassinsMace
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    AssassinsMace Brigadier

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    Trump wants to end the World Bank from giving loans to China. Does he think it's free money? They have to be paid back with interest. Is it like how Trump wants to not pay back what is owed when foreigners buy US treasuries and bonds? I haven't heard of China defaulting on loans thus the World Bank is making money from interest.
     
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  7. Jura
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    Jura General

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    Oct 14, 2019
    now again two types of stories:

    1. China’s exports fall again in November, as trade war continues to bite https://www.scmp.com/economy/china-...-fell-again-november-trade-war-pain-continues
    2. People's Daily, China
      @PDChina

      ·
      1h
      China's foreign trade registered steady growth in the first 11 months of 2019 by expanding 2.4% YOY, reaching 28.5 tln yuan ($4.14 tln), the General Administration of Customs said Sunday.
      [​IMG]

     
  8. styx
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    styx Junior Member
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    because the scmp gives data in dollars it's a fallacy
     
  9. Jura
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    Jura General

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    Trade war: China deal unlikely this week with US distracted by USMCA, but new tariffs not expected
    • Sources from Beijing and Washington continue to believe that tariffs planned for Sunday will be averted, due to economic pressure on both the US and China
    • New US tariffs could lead to China unleashing ‘unreliable entities list’ on US companies, while soaring inflation and falling exports press on Beijing to make deal


    I think the gist is “If we see US tariffs on Sunday, it would mean the talks collapse,” anyway follow the link https://www.scmp.com/economy/china-...unlikely-week-us-distracted-usmca-new-tariffs if interested
     
  10. Jura
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    Jura General

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