Chinese Economics Thread

pmc

Colonel
Registered Member
Germany is a more prosperous and resilient country.
I am not sure how you came to this conclusion of prosperous and resilient at same time? Japan and Korea can buy LNG and Nuclear production as it chooses. just look at capability of German airforce vs Korean/Japanese.
Germany is squeezed between high price unreliable French electricity and fixed piped gas/ refined oil from Russia.
the whole EU is paying price of German economic model.

Even German carbon copy Turkey is bankrupt and dysfunctional. and that is country most educated through German education and business.
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manqiangrexue

Brigadier
How much of that growth was, in reality, asset bubbles? Every time the chinese government tries to tackle the debt growth, the economy no longer "grows" what they want (they want the economy to grow at always high levels, regardless of the economical fundamentals), and then its time to reverse policy and add more liquidy and debt to "stabilize" growth. In fact, it seems to me that the productivity growth is small and much of the rest is just asset bubbles. They think that the evergrande case is unique in the economy? What about the rest of the real estate industry? (kaisa, etc.)
You mean you see China's economy continuing to grow under the careful planning and adjustments of the CCP. Whenever something is overheating or out of balance, China cools and balances it and the economy never stops being the top growing major economy in the world by far. It is like the fly-by-wires system of any airplane but you falsely argue that because it is correcting the aircraft right, then left, then up, then down, that it is going nowhere when the actual result is that the plane flies smoothly. Bubbles that don't pop aren't bubbles but powerhouses.
This is rich. Like china´s economy could survive without foreign markets.
China doesn't need them more than they need China. In the end, money is artificial and extrinisic while goods are naturally intrinsic.
 

Overbom

Brigadier
Registered Member
President Xi said he would encourage $10B investment from Chinese companies in Africa, and now they can export home without tariffs.
Tariffs also work as way to force your industry to upgrade

You can remove tariffs on low-value goods thus letting ultra cheap imports which will in turn force the domestic producers to move up the value chain
Or to also invest in robotics to reduce their costs, use more advertising etc.

There is a lot of things that happen when deciding to raise or lower tariffs. Its a very complex work which also happens to touch many interest groups
 

pmc

Colonel
Registered Member
While the US focuses on the Pacific, China makes a new world.

Europe under Germanic model created big opening for China. so it is happening regardless of what happens in Pacific.
Germany was either too sophisticated or the other countries were too stupid/greedy to understand it
now every one is complaining. whether Romania or Lithuania.
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Meanwhile, in Germany, at the initiative of Duisport, construction began on the largest railway terminal in Europe, the Duisburg Gateway Terminal, a project considered the gateway to the New Silk Road, a fast alternative route for goods from Asia to European countries such as Austria, Switzerland, Italy, Slovenia, Croatia, and Germany.

“This is a terminal that will have an annual capacity of 850,000 containers and that will operate over 100 container trains from China per week”, further explains Rasidescu.
In the meantime, new railway routes have been opened from Zhengzhou-China to Hamburg-Germany. The distance of 10,214 kilometers is covered by trains that can carry up to 44 containers of approximately 12 meters (40 feet) in just 15 days.
 

Quickie

Colonel
China is officially going for the German model

Surely the EU has to act now. If it waits until 2025 or 2030, China will eat up the EU competitors

Time to access which Chinese companies have "important daughters" to kidnap and charge in court.
 

tonyget

Senior Member
Registered Member
Does anyone know why China's agriculture sector is so uncompetitive ?The cost to produce food is so high,and the government has to implement very strict protective measure for domestic agriculture products,foreign imported food is cheaper than domestic even after tariff. South Korea and Japan have exact same problem.

Food security is very important and China takes the issue very seriously,but still unable to lower the cost of agriculture production to that of US/South America level. What's the key to lower the cost of agriculture production?
 
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