Chinese Economics Thread

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

  1. KIENCHIN
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    KIENCHIN Junior Member
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  2. Jura
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    Jura Senior Member

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    now I read
    CPC issues revised regulation on inspection to strengthen Party supervision
    Xinhua| 2017-07-14 23:13:27 http://news.xinhuanet.com/english/2017-07/14/c_136444780.htm

     
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  3. Jura
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    Jura Senior Member

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    now I read
    China's economy records steady growth in H1
    Xinhua| 2017-07-17 16:00:07 http://news.xinhuanet.com/english/2017-07/17/c_136450121.htm

     
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  4. Hendrik_2000
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    Hendrik_2000 Senior Member

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    So much for the prophet of doom and gloom!. They are getting old with their prediction of the sky will fall
    Nor are they getting rich . You can buy Gordon Chang book for 10 cents now Wow!
    Now who is the short seller guy forgot his name. He must lost his shirt by now
    yeah James Chronos where is he now
     
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  5. Equation
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    Equation Senior Member

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    http://financefollow.com/2017/07/chinas-employment-improves-as-economy-steadies/


    https://www.thestreet.com/story/142...ed-6-9.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
     
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  6. Jura
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    Jura Senior Member

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    inside the second link: "... in June ... China's trade surplus ... $42.77 billion"
    what amazes me is the scale I mean the Czech Government budget is about $50b this year LOL!

    I checked I didn't misunderstand:
    [​IMG]
     
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  7. Equation
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    Equation Senior Member

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    [QUOTE
    How China Floated to the Top in Solar
    [​IMG]
    TIME Staff

    How China Floated to the Top in Solar

    [​IMG]
    Kevin Frayer—Getty Images
    A boat navigates the Huainan solar farm.">A boat navigates the Huainan solar farm.

    CHARLIE CAMPBELL[/a] | Photographs by KEVIN FRAYER—Getty Images'>By CHARLIE CAMPBELL| Photographs byKEVIN FRAYER—Getty Images

    When Sang Dajie had a son, he knew things had to change. Working as a coalminer in eastern China was just too dangerous. “China always has accidents in coal mines,” he says. “A lot of things you just can’t control down there.”

    So Sang moved up in the world—quite literally. As an electrician for Sungrow Power Supply Company, the 31-year-old now helps maintain the world’s largest floating solar farm on a lake formed on top of a collapsed and flooded coal mine just northwest of Anhui province’s Huainan city. A tapestry of 166,000 glistening panels bob and bask below an ochre sun, producing almost enough clean energy to power a large town, as fish break through the inky water all around.

    “The coalmine was very hot and the air was bad,” says Sang. “But here I feel safe. The new energy is safe.”

    And not just for coalminers. China has some of the world’s worst air pollution, which scientists say may contribute to a third of deaths, and regularly grounds flights and keeps children entombed in their homes and classrooms. Coal burnt for power and steel smelting is the principle cause, as soot-stained miners burrow China into what’s the world’s second largest economy today. But the nation, like Sang, is changing tact and embracing sustainability—no longer beholden to the singular tenet of growth at any cost.

    [​IMG]
    Kevin Frayer—Getty Images
    Workers prepare panels that will be part of the massive solar farm.">Workers prepare panels that will be part of the massive solar farm.

    [​IMG]
    Kevin Frayer—Getty Images
    A worker carries two flotation devices that keep the panels above water.">A worker carries two flotation devices that keep the panels above water.

    China is now the world’s largest renewable energy investor. The government promises to spend $360 billion on clean energy projects by 2020, creating 13 million new jobs in the process. And as the Huainan project demonstrates, the Asian superpower is pushing the boundaries of green tech, whether wind, solar or hydropower.

    New panels are being developed specifically for arid deserts and others to withstand sultry rainforests. “China is leading the way in terms of finding green solutions,” says Wu Changhua, Greater China director for the Climate Group.

    The U.S. relinquished that leadership role upon the election of President Donald Trump. The real estate mogul has called global warming “an expensive hoax” and on June 1 vowed to withdraw the U.S. from the Paris Climate Accords, which aim to limit global temperatures to a 2°C (3.6°F) rise by 2100. China stepped immediately into the breach. Chinese President Xi Jinping has called the Paris Accords “a responsibility we must assume for future generations.”

    The U.S. has also lost global leadership on the $100 billion global solar industry. American scientists invented the technology in the 1970s, though it remained peripheral until China did what China does better than anyone: mass-produced with incredible speed and booming efficiency.


    As a result, the price of panels plummeted 80% over the last two years as demand has mushroomed. Four out of five solar modules installed around the world today are Chinese-made. “China’s investment in solar really is a gift to the world,” says Amit Ronen, director of the Solar Institute of George Washington University.


    ][/QUOTE]

    https://www.yahoo.com/news/china-floated-top-solar-030940733.html
     
  8. Equation
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    Equation Senior Member

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    (continued)

     
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  9. Equation
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    Equation Senior Member

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    China Is Leapfrogging U.S. In Payments Technology, Ex-Ambassador Max Baucus Says


    https://www.forbes.com/sites/russel...y-ex-ambassador-max-baucus-says/#38059bdf6c2e
     
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  10. Jura
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    Jura Senior Member

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    now I read
    Spotlight: China's financial efforts help offset global risks
    Xinhua| 2017-07-19 15:24:12 http://news.xinhuanet.com/english/2017-07/19/c_136455944.htm

     
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