Chinese Economics Thread

[hashtagpls]

So China's tricks over at Australia must be working. China must double its efforts in that direction.

Australia must be broken, the white anglo supremacists won't get the message otherwise.

And with China projected to grow >8% this year, that's a lot of business australia is gonna be missing out!

Please, Log in or Register to view URLs content!

 

[bajingan]

Australia must be broken, the white anglo supremacists won't get the message otherwise.

And with China projected to grow >8% this year, that's a lot of business australia is gonna be missing out!

Please, Log in or Register to view URLs content!

Every effort must be made to develop mine infrastructure in guinea, including railways
If China has the willpower they can do it in couple of years
Thats the key

 

[NiuBiDaRen]

A good read if you can read Chinese

Please, Log in or Register to view URLs content!

 

[NiuBiDaRen]

https://twitter.com/i/web/status/1350838699907403777

 

[Bob Smith]

https://twitter.com/i/web/status/1350966648099008513

About an hour left for GDP data.

 

[ZeEa5KPul]

2.3% YoY growth in 2020.

 

[localizer]

https://twitter.com/i/web/status/1350838699907403777

 

[NiuBiDaRen]

Please, Log in or Register to view URLs content!

Ah, I'm in a very fine mood today.

 

[j17wang]

View attachment 67702

Very decent numbers. I would have hoped for higher retail and slightly lower industrial production but all things considered, 2.3% is a respectable number in US, EU, Japan in a non-COVID year. 6.5% is telling, because it shows china has made up the entire gap from COVID (which was a normal quarter in 4Q19).

If you assume all the COVID gap closes, we could be looking at QoQ growth of ~12% in Q1 (6.8% catchup from 1Q20 GDP "collapse" due to COVID + 6% "normal" growth). Hopefully the government can pressure cook China GDP for a few more quarters by discouraging outbound tourism, which is really just capital flight the way reckless chinese tourists spend.

Let keep chinese tourist dollars for home, and buy a bit more NIO BYD, XPENG EVs while we go at it.

 

[localizer]

Very decent numbers. I would have hoped for higher retail and slightly lower industrial production but all things considered, 2.3% is a respectable number in US, EU, Japan in a non-COVID year. 6.5% is telling, because it shows china has made up the entire gap from COVID (which was a normal quarter in 4Q19).

If you assume all the COVID gap closes, we could be looking at QoQ growth of ~12% in Q1 (6.8% catchup from 1Q20 GDP "collapse" due to COVID + 6% "normal" growth). Hopefully the government can pressure cook China GDP for a few more quarters by discouraging outbound tourism, which is really just capital flight the way reckless chinese tourists spend.

Let keep chinese tourist dollars for home, and buy a bit more NIO BYD, XPENG EVs while we go at it.

Final numbers:





We getting significant capital outflow though.