Chinese Economics Thread

emblem21

Major
Registered Member
Eating freely is a cherished activity? Now they want chinese to eat with freedom tasting salt ?
What's with the fake americans putting the words "free" "freedom" in every sentence?
How far we are from the day fake americans will be saying not using toilets is a cherished freedom activity by free indians china should learn from?
Somehow, should a collapse really happen and all these bloody complainers and hypocritical bastards end up completely at rock bottom, I might just break open a bottle of champagne just because the sheer bullshit is becoming a tad too ridiculous. These racist scum need to get it out of there system that the world doesn’t revolve around them
 

galvatron

Junior Member
Registered Member
An interesting fact


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(on amazon worldwide)
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(on amazon US)
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More than 40% of sellers on Amazon marketplace are from China

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Marketplace sellers generated 58% of sales on Amazon in 2018

It's interesting to know that Amazon's success totally depends on China

You would imagine most Chinese sellers would sell on Alibaba. Why are they selling so much stuff on Amazon?
 

localizer

Colonel
Registered Member
You would imagine most Chinese sellers would sell on Alibaba. Why are they selling so much stuff on Amazon?
They are probably on Alibaba, Amazon or any other platform that's profitable

The cheap material and blemished products go to Chinese, the better stuff go to the West. Chinese can spend less and get the same utility.

It’s like grocery shopping. We’re fine with the $1 ugly looking carrot, but someone in the West must have the good looking $2 carrot. It’s still a carrot in the end, might need extra processing.

Often times things you buy in China have minimal packaging or no printed instructions.

This is why China’s PPP per capita is $20k while GDP per capita is only $10k
 
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Gatekeeper

Brigadier
Registered Member
Eating freely is a cherished activity? Now they want chinese to eat with freedom tasting salt ?
What's with the fake americans putting the words "free" "freedom" in every sentence?
How far we are from the day fake americans will be saying not using toilets is a cherished freedom activity by free indians china should learn from?

Oh Yes, the headline screams at you.

'In authitarian china' 'freedom to eat'. The average Joe is going to get past these words to even bother to read the rest. The MSM is already guiding the reader to dislike China with that headline.
 

manqiangrexue

Brigadier
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Value of Chinese Brands Growing at 8X Global Average

SHANGHAI–China’s explosive growth has made it home to the world’s fastest growing brands, expanding at a pace nearly 8 times faster than overall global rate, new research from Brand Finance shows.

“The country’s impressive portfolio of high-performing brands has claimed 9 spots among the top 10 brands with the largest increase in brand value over the last decade,” the report said.

The combined brand value of Chinese brands in the Brand Finance Global 500 ranking of the world’s most valuable brands has risen 1,100 percent increase from $111 million in 2010 to $1,334 billion in 2020.

“This is by far faster than brand value growth recorded by brands from any other country, with – for instance – the United States seeing a 177 percent and Japan a 94 percent increase, and nearly eight times faster than the overall growth of brand value within the Brand Finance Global 500 ranking – 143 percent,” it said.

The most valuable Chinese brands are financial institutions ICBC and Ping An, which sit in the first two spots, followed by phone maker Huawei. The top end of the ranking is dominated by finance, tech, utilities and telecommunications–it’s not until the 74th spot that a clothing and sportswear brand, Anta, appears–but ecommerce giants made a strong showing.

WeChat was ranked seventh, while its parent group Tencent was tenth. Taobao ranked 13th, TMall was 15th, and B2B site Alibaba.com was 22nd, with the report noting that Alibaba.com had grown a staggering 4,029 percent over last 10 years. NetEase was 30th and JD.com came in 31st, while Pinduoduo was ranked 122nd. Tik-Tok-owner Bytedance appeared for the first time on the list this year.
 

Hendrik_2000

Lieutenant General
Chinese expansion continue last month the western MSM decry lack of consumer confidence in China well well what do you know.looking at the chart seem like all the indicator are returning to normal
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China’s Economic Recovery Continues on Strong Services
Bloomberg News
August 30, 2020, 11:09 PM
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China’s Economic Recovery Continues on Strong Services
(Bloomberg) -- Chinese economic activity continued to rebound in August, with a gauge of the services industry at the strongest level since early 2018 while the expansion in manufacturing activity slowed slightly.
The non-manufacturing gauge rose to 55.2 from July’s 54.2, the National Bureau of Statistics said Monday. The official manufacturing purchasing managers’ index moderated to 51 from 51.1 a month earlier. A reading above 50 indicates conditions improved from a month earlier.

China’s economy continued to recover from the slump in the first quarter, with government-led investment boosting demand and some reopening of overseas economies buoying the export sector. The hard-hit service industries have been picking up as the government eases virus control measures, with more sub-sectors such as cinemas opened again.

“Both the manufacturing and services PMIs are expected to stabilize within expansionary territory, with the possibility of a slight acceleration,” said Liu Xuezhi, an economist at the Bank of Communications in Shanghai. “It’s unlikely that policy makers will roll out large stimulus over the rest of the year, and they shouldn’t. They should instead focus on implementing existing policies.”

Weaker Demand
Although demand for manufactured goods is improving, with new orders rising to 52 and new export orders increasing to 49.1, firms still are suffering from a lack of demand.
“The recovery of demand is slower than that of production, which is starting to drag on the economic recovery,” China Logistics Information Center, which helped compile the data, wrote in a statement on its website. “More than half of companies still list the lack of market demand as the main difficulty” and that is making them cautious about expanding production further, according to the statement.

What Bloomberg’s Economists Say...
“Looking ahead, we expect the recovery to continue to make headway, propelled by incremental increases in domestic demand and further opening of overseas economies. That said, returning to pre-pandemic growth rates anytime soon would be a tall order.”
Chang Shu, Bloomberg Economics

A set of early indicators suggested China’s economy picked up speed in August, aided by a strong industrial sector and stock market, better business confidence and home and car sales.
However, small companies “still face many difficulties in production and operation,” including insufficient market demand and a shortage of capital, Zhao Qinghe, an NBS economist, said in a statement accompanying the data. The PMI for small manufacturers continued to decline, dropping to 47.7.

(Updates with economist’s comment.)
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Equation

Lieutenant General
The pandemic has also found China better placed than other exporting nations. It is making what the world’s hospitals and housebound families need right now: personal protection gear, home improvement products and lots of consumer electronics.

At the same time, demand has withered for many big-ticket items exported by the United States and Europe, like Boeing and Airbus jets. And with most economies except China’s now mired in recessions, demand has also faltered for the commodities that most developing countries export, particularly oil.

Families all over the world are sprucing up the homes they are now stuck inside. They have been buying everything from computer screens and stereo systems to power tools and home saunas — many of which are made in China.

Trump's Tariffs? Coronavirus? China's Exports Are Surging Anyway

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j17wang

Senior Member
Registered Member
Trump's Tariffs? Coronavirus? China's Exports Are Surging Anyway

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Again, I sound the warning. While I do agree china does have an export benefit right now, its only temporary. If we look into 2021-2022, we will see some consumer spending shift back towards travel and leisure, which will benefit bigger ticket sectors like planes, cruise ships... China needs to keep some financial reserves for stimulus spending in the later part of 2021 because any factories hiring workers now will likely not need them as much come 2021 as consumers have finished upgrading their gadgets. Smart thing to do is continuing stockpiling resources so china can do a bigger infrastructure binge (high speed rail, metro, highways) in 2021 which can soak up some unemployment. Alot of countries will also start fully developing infrastructure over next year and china doesn't want to pay expensive commodity prices for iron, steel, oil, copper... when everyone else is buying that stuff in 2021.
 
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