Chinese Economics Thread

Wrought

Wrought

Captain
Registered Member
Oh no, progress and prosperity! The horror!

The policy is poised to enmesh Xinjiang and Tibet not only deeper into China’s economy and mainstream culture but also into global supply chains. It could also help the People’s Liberation Army bolster China’s security along its borders with India, Russia, Afghanistan, Pakistan and parts of central Asia. If Beijing is successful in integrating the regions and their people with China’s mainstream economy and population, that could over time make it more difficult for western governments to use sanctions or boycotts as an effective response to repression.
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Speaking of progress, the tourism sector is booming.

Xinjiang received a record 323mn tourists last year, compared to around 210mn before the pandemic, while Tibet saw about 70mn, a similarly sharp increase from 40mn in 2019. By comparison, outbound tourism remained broadly in line with pre-pandemic levels at about 168mn last year. The potential windfall from the tourism market has not been ignored by hotel groups, Chinese and foreign. As of April, at least 163 hotels from major international hotel chains were operating in Xinjiang, including Accor, Hilton, IHG, Marriott and Wyndham, according to research by the Uyghur Human Rights Project (UHRP), an NGO. A record 40 hotels opened in 2025, twice as many as any previous year. The group said international operators were “dramatically expanding” in the region, with a further 52 properties under construction or in planning — which would take the total above 200.
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And so is overall growth, with a side of reducing inequality.

Eastern provincial governments are encouraged to run industrial parks in the west with deep tax incentives for transferring coastal industrial bases to inland cities — a policy that tries to combat coastal provinces having little incentive to support the west. Connectivity to and from western China has also been dramatically bolstered by a series of multi-billion-dollar transport megaprojects threaded throughout the region, including highways, tunnels, bridges and high-speed rail.

The deals highlight that, along with tourism spending, a big chunk of the economic growth is coming from investments by state-owned enterprises (SOEs) and companies from China’s more affluent east — akin to a nation receiving foreign direct investment. Over recent months Chinese state media reported robust medium-term growth figures for both Xinjiang and Tibet. Average annual growth rates in 2025, on a regional GDP basis, were 5.5 per cent and 7 per cent, respectively, outperforming the rest of the economy.
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Truly a horrifying prospect to consider. Well, at least for some folks.

Zubayra Shamseden, co-executive director at the Network for Uyghur Rights in Washington DC, says the central government’s policies to promote tourism in Xinjiang, as well as some relaxation of rules blocking many Uyghur people from leaving the region, are part of a familiar pattern from Beijing. “I wouldn’t say it is confidence on the part of the Chinese government: It is a historic cycle [of] strong repression, then the crackdown, then they start again to focus on economic development,” she says.
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F

Franklin

Captain
China is already the largest winner of AI. Because China is applying AI to a industrial economy while America and Europe are applying AI to service economies. In the end no matter how good AI becomes it cannot conjure up goods out of thin air. You still need factories and raw materials for that. Japan and South-Korea are behind on AI and their industrial base is much smaller than that of China's. Companies in China that use AI for R&D have seen their development time reduced by 30% and factories that use AI and robotics in their production process have seen their failure rate cut by 50% and the per unit cost of products has also come down. In the future those technologies will only to get better and adoption rate will grow faster. China's investment in AI, Robotics, 5G and 3D printing means that China is going to take the lead in the productive technologies of the future. You will see the gap in industrial and technological capabilities of China continue to grow over the rest of the world in the coming years.
 
M

magmunta

Junior Member
Registered Member
tokenanalyst said:
Is already bigger economy in terms of total output.

China: 44,295,453 millions
US: 32,383,920 millions
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That's ppp not nominal. GDP ppp measures domestic purchasing power while nominal measures International purchasing power. 2 different concepts. China needs to surpass the USA in the nominal GDP to be seen as truly the largest economy.
 
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