Chinese Economics Thread
- Thread starter Norfolk
- Start date
Would not say fan? But I do watch some of his videos.
The one I linked there I felt was OK when it came to the indopacific economic framework.
US 1 quarter growth was expected at 1% but dropped to -1.4%. That is 2.4% off their target. The second quarter isn't looking good either.
Due to War, inflation, covid, climate change, geopolitics, etc, the GDP of both China and US are very variable. Bloomberg is very brave (actually stupid) to have published that article.
Statistics indicate the other way round. What's relocating to Vietnam and India have been discussed to death already. The article is just repeating the same shits over again and again.
P
Previously Western media had made a big fuss predicting a housing bubble in China due to Evergrande Group. Yet China is now doubling down in curbing housing speculation. Seem China is willing to have a hit at its GDP in return for more housing affordability.
Glanced through the FACT SHEET. It sets a standard for trade between countries that sign up to the IPEF but does not seem to restrict signatories to use other standards with countries outside of IPEF. So in effect, at least for the short term, it will restrict trade between IPEF countries while having no effect on others.
Am I reading this right ?
D
And then there is MAGA Trump coming back?
Wouldn't this complicates things further when they already have Build Back Better World, Blue Dot Network, APEC, OECD, RCEP, AEC(ASEAN Economic Community Blueprint 2025) plus each country multiple bilateral agreements and disagreements among members?
And then there is MAGA Trump coming back?
