Chinese Economics Thread

[foofy]

Certainly they are lots of luxury resorts and recreational facilities, but no big theme parks. The supply is lower than demand, and the beachfront is overcrowded. After all, this is a one billion strong market with spending power. All Chinese go to Sanya for summer/romantic vacation. There is enough demand to turn the whole island into one big theme park.

There's so much opportunity for SeaWorld Universal Studios Disney World etc to move in and satisfy the Chinese consumer. And 欢乐谷.

There is a Atlantis Sanya. Also there are a lot water sport activities.

 

[j17wang]

Breakdown of Forecast Graph:

• 1st Quarter GDP growth rate is forecast to reach 20.1% (15.2% was the previous forecast by Bloomberg Economics)
• 2nd Quarter GDP growth rate forecast to reach 8.0%
• 3rd Quarter GDP growth rate forecast to reach 6.5%
• 4th Quarter GDP growth rate forecast to reach 5.9%
• This adds up to a cumulative annual growth rate for FY2021 reaching 9.3%

The Q4 GDP growth of 5.9% looks largely normal. This is because even by Q4 last year (a few months ago) china's economy was already not far from full run-rate. 5.9% represents a typical chinese economy had COVID not happened. Keep in mind we are only a few quarters away from China becoming a high income country, and no high income country achieves consistent GDP growth above 5% a year.

 

[Strangelove]

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[sndef888]

Any ideas how the 400b deal with Iran with affect China's economy. A cheap stable supply of oil seems good but there's the problem of US sanctions

 

[Strangelove]

Any ideas how the 400b deal with Iran with affect China's economy. A cheap stable supply of oil seems good but there's the problem of US sanctions

US sanctions are quite impotent when it comes to China, as 4 years of Trump have demonstrated.

 

[Lnk111229]

Any ideas how the 400b deal with Iran with affect China's economy. A cheap stable supply of oil seems good but there's the problem of US sanctions

Lol, when China decided to sign this deal mean they want tell Uncle Sam and his sanction is: now you can go fck yourself.

 

[Deleted member 15887]

Any ideas how the 400b deal with Iran with affect China's economy. A cheap stable supply of oil seems good but there's the problem of US sanctions

A secure and steady supply of oil is needed to survive a USN blockade in the Hormuz/Malacca in the event of a conflict, I would assume. The deal probably includes more land-based pipelines to ensure steady access to energy.

 

[j17wang]

Any ideas how the 400b deal with Iran with affect China's economy. A cheap stable supply of oil seems good but there's the problem of US sanctions

It means your products made in china now have even lower costs to manufacture. Plastics used in electronics come from oil. To be honest, the deal is more about protecting against downside of US sanctions than getting upside.

 

[Petrolicious88]

A secure and steady supply of oil is needed to survive a USN blockade in the Hormuz/Malacca in the event of a conflict, I would assume. The deal probably includes more land-based pipelines to ensure steady access to energy.

Nah those pipe lines can easily be sabotaged or bomber directly.

The meat of the deal is the extension of Chinese influence in the form of technology, banking, telecomm, shipping, etc etc... standards in Iran.

Huawei gets to build its technology into Iranian telecom structure. Other Chinese banking, shipping, construction, and military benefits in similar ways

 

[antiterror13]

Wont happen. There is no way the EU wont sign it. I would be my house on it

Please tell us your reasoning / opinions ?