Chinese Economics Thread

[henrik]

The crap is already out of the Yank clowns; how else do you think they elected a German as president who brought Gestapo/Stazi culture to ICE, turning the educated portion of the country into victims of all the angry high school drop out racists? China doesn't even wanna scare them anymore; we're all about business and bettering ourselves.

There is no need for China to surpass them in gdp. When China's nominal gdp gets closer, after just 20% appreciation, that will create big pressure on trump. In any ball game, creating pressure on your opponent will increase their chance of making mistakes.

 

[sunnymaxi]

“In 2024 listed Chinese firms generated 15 Trillion Yuan ($2.1 Trillion) revenue from overseas sales.



Note - these are only listed companies. many Chinese companies don't even trade in any SE. so if we count all then total revenue from overseas is much more than that. but the good news is, this is just the beginning.

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[Wrought]

Kenya signed a preliminary trade agreement.

NAIROBI, Jan 15 (Reuters) - Kenya has struck a preliminary trade deal with China that would give 98% of its exports duty-free access to the large Chinese market, the Nairobi government said on Thursday, with a full, final agreement in the pipeline. The East African nation has been forging closer ties with China, with President William Ruto making a

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to Beijing last year during which a number of financing and cooperation agreements were signed. "We have initiated discussion with China to negotiate a bilateral trade agreement," Kenya's trade ministry said in a statement, disclosing the talks for the first time. "These engagements have resulted in a preliminary agreement."

This disproves

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of the agreement being on hold due to US pressure.

Kenya is also a close ally of Washington and is negotiating a separate bilateral trade accord with the Trump administration, giving rise to recent reports in domestic media outlets that closer engagement with China could anger the U.S. Officials have denied those reports. "We see no tension between our concluding a market access arrangement with China on one hand, and our robust push for AGOA re-authorization as well as a separate bilateral trade agreement with the United States, on the other," Korir Sing'oei, principal secretary at Kenya's Foreign Ministry, posted on X this week.

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[tphuang]

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JD logistics and Honor is building multiple logistics center in the Middle East so that Honor can continue to expand in the region.