Chinese Economics Thread


plawolf

Brigadier
Alright cool. Add "Old people with imaginary friends who serve as advisers" to the White House Circus Freak Show.
I find it far more pathetically telling than worryingly so.

Navarro struggles so much to find anyone willing to publically endorse his BS that he has to create a fake person to big himself up in his own book.

It also speaks to his total lack of integrity and courage that he has to quote his own made up alter-ego instead of daring to stand behind his own opinions and views.

With moronic cretins like this advising Trump, is it any wonder his claimed easily won trade war is going down like a flaming bag of turds?
 

Jura

General
what's "the principle of marketization"?
:
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China, US made "substantial progress" during the latest round of high-level China-US trade talks that concluded in Washington, said the spokesperson of MOC on Thurs media brief, adding China has been importing products from US in accordance with the principle of marketization.
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Jura

General
without looking, I think 6.0 should be acceptable according to what I read before; anyway
China’s economic growth worse than expected, sinking to new low of 6.0 per cent in third quarter amid US trade war
  • Economic growth was the lowest since records began in March 1992 and below expectations of 6.1 per cent
  • Other figures released on Friday showed that industrial production grew by 5.8 per cent in September, while retail sales grew by 7.8 per cent last month
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if interested, I go check the official
 

Jura

General
Yesterday at 7:03 AM
... sound stern:

China's GDP grows 6.2 pct in first three quarters
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+

China's Q3 GDP grew 6.0%, and 6.2% Jan-Sept, within target range
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and Glob. Times editorial linked below says "slower than expected" and offers "The problems the Chinese economy is facing are generally temporary and technical ones."
:
What 6% GDP growth means to China’s economy
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related is
Economic Watch: China's economy stays resilient amid mounting downward pressure
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describing a big tax cut and so on
 
without looking, I think 6.0 should be acceptable according to what I read before; anyway
China’s economic growth worse than expected, sinking to new low of 6.0 per cent in third quarter amid US trade war
  • Economic growth was the lowest since records began in March 1992 and below expectations of 6.1 per cent
  • Other figures released on Friday showed that industrial production grew by 5.8 per cent in September, while retail sales grew by 7.8 per cent last month
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if interested, I go check the official
well, thats 3x more than the US economy growth :)

6% x $14T = $840B, ~ 2.3x Hong Kong GDP or the Philippine or Singapore
 
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Jura

General
technicalities like "Mnuchin said the Trump administration’s “objective” was for the agreement to be signed at the Apec summit." inside
No invitation from China for US officials to travel to Beijing for more talks, Steven Mnuchin says
  • Negotiators still have work to do on ‘phase one’ deal ahead of meeting between Trump and Xi Jinping in November, US Treasury secretary says
  • Mnuchin says administration has not decided how to address planned tariffs on US$156 billion in Chinese goods expected to take effect on December 15

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if interested
 
well, thats 3x more than the US economy growth :)
Might be more than triple. China's Q1-Q2-Q3 Went 6.4%-6.2%-6.0%. USA went 3.1%-2.1%-unknown. Most recent predictions put Q3 at 1.5-1.8%. I'm sure Trumpsters still think that's winning. As long as America doesn't look like Somalia yet, that's winning LOL

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The economy probably only grew 1.5% in Q3 amid consumer weakness, CNBC tracker shows
PUBLISHED WED, OCT 16 20191:10 PM EDTUPDATED WED, OCT 16 20193:45 PM EDT
 

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