Chinese Economics Thread


ansy1968

Brigadier
Registered Member
And China has topped the 2022 Fortune Global 500 list with 145 companies, the business magazine released on Wednesday. The State Grid Corporation of China (SGCC) ranked the 3rd spot this year, with a revenue of $460.63 billion.
@antiterror13 Sir the crux of the matter with the Collective West about China state capitalism, in their eyes SGCC is an attractive proposition for privatization, they're preying I mean praying for it...lol. As most western vulture capitalist and financial investors, public utility is the most profitable way of doing business, with ROI of 150% or more as they buy the asset cheap and then recoup it by charging us high. Look at us in the global south, we are at their mercy cause without power and water you can't live.
And congratulation to India that have 9 companies in there
Most of them are in the thriving SCAM industries. ;)
 

xypher

Junior Member
Registered Member

Too little attention is paid to the real estate market in China. It needs a massive correction.
This is a pretty crappy comparison. The top 4 cities in Japan account for 13-14% of the population, when you take the respective municipalities/metro areas (Tokyo + Yokohama are in the same group), they account for more than 50% of the population. On the other hand, the top 4 cities in China account for around 6% of the population, and their metro areas account for about 7-8%. The scale is not comparable - in the case of Japan, it meant that almost half of the population could not afford housing. For China, it might even help to push people away from the megapoli to "smaller" cities and rural areas which was one of the goals of the Chinese government to create a more equal development.

That being said, the problem obviously exists (not as dramatic as the Western propaganda pictures it) and the recent "crackdown" on property companies is one of the attempts to deflate the bubble. Considering that the prices stopped rising and iirc even started falling, evidently the government is more or less successful but the prices need to be brought down even further - the range of 20-30 should be acceptable for the largest cities.
 

ht1688

New Member
Registered Member

Too little attention is paid to the real estate market in China. It needs a massive correction.
This guy recommends 谢金河 as a source, which immediately suggests an anti-China agenda. 谢金河 is part of DPP propaganda effort in Taiwan that uses half-truths (sometimes even made up ones) and cherry picked data to denigrate China.

Edited to add an example tweet:
 

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