Chinese Economics Thread


ansy1968

Senior Member
Registered Member
US patriotism is good cause we are exceptional
China nationalism is bad cause they're brainwash

from beijingwalker (pakistan defense forum)



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Covid was supposed to be China’s Chernobyl moment, the 1986 nuclear power plant accident that hastened the fall of the USSR, and now conversely could become America’s Sputnik moment, the 1957 launc…
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Hendrik_2000

Brigadier
US patriotism is good cause we are exceptional
China nationalism is bad cause they're brainwash

from beijingwalker (pakistan defense forum)



asiatimes.com

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Covid was supposed to be China’s Chernobyl moment, the 1986 nuclear power plant accident that hastened the fall of the USSR, and now conversely could become America’s Sputnik moment, the 1957 launc…
asiatimes.com
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Never like this guy Fancisco Sisci he fancy himself as old China hand but he is just another puff up old Italian who is behind time and still cling to western superiority. He is no China friend he just take advantage of China He used to be invited to CGTN program but never see him lately I guess they get fed up with him
 

plawolf

Brigadier
I really wonder what the US is trying to do. Antagonizing China in all ways using fake news about Huawei, Xinjiang, "mass surveillance", "slave labour".

What is their plan exactly? To force China to capitulate?

Anyone should know that simply won't happen, and the US is simply setting a precedent for China to counterattack once its economy overtakes the US. They're really digging their own graves.
Most of it isn’t aimed at China, but the US domestic audiences. I mean, god forbid they start looking at the Chinese system as having anything worth studying from.

As a general rule, the better China performs on actual tangible and measurable fields, the louder western leaders and MSM harp on about intangibles and fake news amplified by their circle jerk echo chamber.
 

caudaceus

Junior Member
Registered Member
Never like this guy Fancisco Sisci he fancy himself as old China hand but he is just another puff up old Italian who is behind time and still cling to western superiority. He is no China friend he just take advantage of China He used to be invited to CGTN program but never see him lately I guess they get fed up with him
LOL you should read Grant Newsham. Apparently, he implied that recent Moon's party victory in assembly election was because China hacked with Huawei.

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Hendrik_2000

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So much for decoupling instead American dependency on Chinese import grew larger and larger
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At the same time, China’s
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facilitated a sharper industrial supply response. Its
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is now back to full capacity, while industrial output in the United States and Europe is still significantly below end-2019 levels as firms grapple with ongoing disease outbreaks. China also benefited, at least initially, from
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in the United States and Europe for COVID-19 related products such as surgical masks and ventilators.

Over the summer, that demand shifted to electronics and communication equipment for households operating under lockdowns. Finally, in recent months, demand has risen for a broader range of industrial products that other countries have been unable to fulfill because of pandemic related disruptions. According to Chinese government statistics, since late spring, monthly export growth rates have ranged from 15 to 40 percent for medical supplies, electronics, and home furnishings. That boom in exports helped drive industrial value-added growth to nearly 7 percent in September.

At the same time, Chinese demand for imports has been tepid, thanks to depressed household consumption. That means China’s current account surplus (the inverse of other countries’ trade deficits with China) will likely be more than double last year. This is mirrored in the sharp appreciation of the renminbi to the U.S. dollar by 7 percent since May.

At the same time, the pandemic has made a trade war and the
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away from China more difficult. The pandemic was initially seen as yet another reason to reduce dependency on China—in this case for essential medical supplies on top of the goods that were the target of the tariffs levied by the White House last year. But China’s export surge has now extended well beyond pandemic-related items to a much broader range of products. Any
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out of China will now by necessity be more gradual than previous plans. As analyzed by the consulting firm, Gavekal: “China has a wide and deep pool of labor, excellent infrastructure, dense networks of suppliers, and an effective government that coordinates well with business,” making it very difficult to relocate production elsewhere. Possible alternatives like Vietnam or India, either lack the size or ecosystem to duplicate China’s capacity to assemble and ship rapidly manufactures to global markets.
 

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