Chinese Economics Thread

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Dolcevita

Major
Kaeshmiri said:
China banning small ticket items does no major harm to Australia. Aus have compensated the loss of wine, wool, coal, lobsters etc by inflating iron ore prices.
Unless this dependency on iron ore is resolved, this trade imbalance will continue to exist and be in Aus favour.

It will probably take a decade or so before we see iron ore production in Brazil and Africa to be large enough for substituting Aus iron ore.
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I think you missed the point of my post. The article mentioned that Australian Export to China is down by 10% but yet China's share of Australian export was up from 30% to 34%. This can only mean that Australian exports to countries other than China is down more than 10%.

So the rosy narrative from the Australian press about Australia finding other markets are pure fantasy from macro level economics. All their BIGLY tweet and fantasy tales does not hide the fact the trade data statistics shows a different story.
 
G

gadgetcool5

Senior Member
Registered Member

2020 Top 50 US Patent Assignees​


The Top 50 US Patent Assignees of 2020 are out, and there are three Chinese companies in the top 25, but one is in the rebellious province of Taiwan.

IBM is #1.

TSMC has jumped from #12 last year to #6 this year.

Huawei rose from #10 to #9.

Japanese companies are still well represented, as well as Korean companies.

I only see 2 mainland Chinese companies in the top 25, Huawei and BOE Technology Group.

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Interesting that this list is very different from the Hurun list of Global 500:

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For example, Tencent and Alibaba are listed in the top 10 at ~$710 billion each, but they don't even make the list of top 50 patent filers. Apple, Amazon, Microsoft, Google, and Facebook, the top five companies, are listed at $800 billion to $2.1 trillion but the highest Apple is only 8th in patent filings.

In terms of the total number, the US led with 242 companies, followed by China (51), Japan (30), and France and the UK (21 each).
 
siegecrossbow

siegecrossbow

General
Staff member
Super Moderator
localizer said:
USD index went up like 1.5% in the last few days.

But RMB just keeps going up:
View attachment 67445



Maybe people have started to realize that the Chinese model is indeed more stable?
View attachment 67446

And that fragile states index is total bullshit?

Or maybe it actually correlates with snowflakeness?
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China is lower than friggin Ukraine? This is worse than the pandemic readiness index.
 
M

Mt1701d

Junior Member
Registered Member
AssassinsMace said:
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I'm sure one of Pompeo's top agendas was the EU's investment deal with China.
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Well to be fair... there really isn’t much point in meeting him... since he will be out of office in like 1-2 weeks... anything he promises is basically words without meaning and meeting him will likely piss off China... so basically all down sides with no possibility of any upside, why ‘waste saliva‘
 
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