Chinese Economics Thread


Michaelsinodef

Senior Member
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For people that can understand chinese (or able to get some transcript or auto-translation).

Basically a good video of why China's economy is so strong, as well as its market and supply chain (alongside how chinese companies have smashed various monopolies of developed countries).

Also makes it quite clear why the elite in US wants to destroy China.
 

xypher

Senior Member
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Inflation is high cross-the-board in EU, which will force the European Central Bank to raises interest rate and increase the chance of recession.

As a result, global recession may be coming.

However, RMB may appreciate.
Will the European zombie economy even survive rate hikes? I have some doubts about that, the 2008 crisis crippled them heavily.
 

Petrolicious88

Senior Member
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Lol zero covid-19 policy is better than your countries useless Russian sanctions that are causing massive inflationary pressures, political disruption, and soon internal instabilities not to mention economic recession and industries devastated due to lack of access to Russian gas, Russian oil, Russian fertilizers etc...

Worry about your countries piss poor economic outlook than China because as I have always maintained, judging from the last 40 years result China’s economic development, handling by the central government is miles better than your virtue signaling useless political actors who think of themselves as "leaders."
Zero covid works for the alpha and delta variant. But it doesn't work nearly as well against omicron, BA.2, and further variants. You could test negative in the morning, and be positive in afternoon; it is that much more transmissible. You can't lock down entire cities, shut down schools, factories, every time a tiny group of people test positive. China is expected to abandon Zero Covid stance after the Party Congress in the Fall (a political decision at this point), with gradual movement away from these protocols in 2023.
 

GodRektsNoobs

Junior Member
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Inflation is high cross-the-board in EU, which will force the European Central Bank to raises interest rate and increase the chance of recession.

As a result, global recession may be coming.

However, RMB may appreciate.
RMB appreciating too much is not a good thing. Recession globally decreases spending, and high RMB will limit export further.
 

Philister

Junior Member
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What can China buy with the earnings? Major Chinese imports are semiconductor, semiconductor equipment, food, oil and machine tools. Semiconductors are being replaced. Equipment and machine tools are sanctioned. Food can be bought from Russia in RMB or rubles. And oil is being bought straight from Russia, it makes no sense to buy oil from Russia, process it, export it for dollars, to buy oil at a higher price.

So what is China gonna buy?
Wait till June 2023, they might be willing to sell anything then.Think bigger if you think I’m talking about EUV
 

Philister

Junior Member
Registered Member
IMO Singapore is going to be a winner in the semiconductor war. Less of a geopolitical hotspot than Taiwan, and easier to recruit Taiwanese engineers than U.S. or Europe (no risk for anti-Asian racism/more Mandarin friendly/closer to Taiwan for family visits).
Tell me you are joking or I’m gonna lose it
With the west slipping into recession, this is the perfect time to pump up China's godly industrial muscles and gobble up more market share in high technologies.
Market where? Most profit comes from those who are in a recession, you really think we are that special?The next few years would be bad vs worse , good news is we are the bad side
 

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