Chinese Economics Thread

Hendrik_2000

Lieutenant General
Is TD light more durable than 4G? How is it more advantageous than 4G technology and why?:)

Well CDMA 2000, LTE is Qualcomm baby so you have to pay license to use their chips increase the cost of the phone

Qualcomm's role in 3G

The current UMTS air interfaces are for the most part based on Qualcomm patents, and royalties from these patents represent a significant part of Qualcomm's revenue.

This followed a series of patent-related lawsuits and antitrust complaints, spearheaded by Broadcom, in the US. In 2006, Broadcom started a series of patent-related lawsuits and antitrust complaints against Qualcomm to get what Broadcom regarded fair terms for access to the W-CDMA technologies. Broadcom was soon joined by Nokia and others, and complaints were also filed in the European Commission.[23]

The Chinese TDSCDMA 3G technology was developed primarily to avoid Qualcomm licensing fees, although Qualcomm claims that the Chinese technology still infringes on many Qualcomm patents.

In October 2008, Nokia announced it will make a one time payment of $2.29 billion (US) to Qualcomm as part of its patent agreement with the company[citation needed].

Anyway enough of Rant about electronic going back to High speed rail incident when everybody and their brother carping about the unsafe and low quality of Chinese railway network . But somebody did some analysis on the accident in world railways system by normalizing to passenger -kilometer track The result show that China have one of the safest railway network in the world only Japan come close . Posted first by mr Unknown in CDF I quote

Interesting observation by this blogger: despite the publicity of the Wenzhou accident, the PRC railway system is actually far safer than that of most developed countries, when comparing the number of mainline accidental deaths and passenger-KM traveled; only Japan comes close to that safety record.

Upon seeing the fact that the PRC has a better safety record than most developed countries including Japan... can anyone guess how commentators explained it away?? ROFL Jerkoff

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To summarize the stats:

Country passenger-KM/year deaths over 20 years passenger-KM per death
PRC 876.22 billion 317 55.3 billion
Japan 253.55 billion 154 51.4 billion
EU-27 386.24 billion 603 12.8 billion
RoK 31.3 billion 93 6.7 billion
India 838.03 billion 2,556 6.6 billion
USA 27.26 billion 159 3.4 billion

Comparative Rail Safety
Posted on 2011/06/02

Using Wikipedia’s list of rail crashes and its UIC-sourced list of rail passenger-km by country, one can compare different countries’ mainline passenger rail accident fatality rates. The US turns out to be the least safe among the regions I’ve checked, even worse than India; much-maligned China comes out first.

I constructed the list below by averaging accident rates going back to 1991, to smooth out fluctuations coming from low-frequency, high-impact disasters. Crashes involving only freight trains are ignored, and pedestrians and car and bus passengers struck by passenger trains are included. Bombings are excluded, but sabotage incidents leading to accidents are included.

China: 876.22 billion passenger-km/year, 317 deaths over 20 years. This is one death per 55.3 billion passenger-km.

Japan: the UIC claims 253.55 billion passenger-km/year, which only includes JR companies. Figures including private railroads and excluding subways range from 360 to 395.9 billion passenger-km; I believe the higher number since it is slightly less dated. Over 20 years there have been 154 deaths, so this is one death per 51.4 billion passenger-km. Including subways would put Japan on a par with China.

EU-27: 386.24 billion passenger-km/year (presumably mainline only), 603 mainline deaths over 20 years. This does not include 155 deaths from a fire on a funicular. This is one death per 12.8 billion passenger-km, or 1 per 10.2 billion if the funicular fire is included. This varies a lot by country: the safest European countries, such as France and the Netherlands, are on a par with China and Japan, but the EU average is pulled down by Germany (due to Eschede) and the periphery.

South Korea: 31.3 billion passenger-km/year, 93 deaths over 20 years. This is one death per 6.7 billion passenger-km. Here the mainline-only rule is a problem because a) the Seoul subway is even more integrated with commuter rail than the Tokyo subway, and b) a subway fire in Daegu killed 198 people.

India: 838.03 billion passenger-km/year, 2,556 deaths over 20 years. This is one death per 6.6 billion passenger-km.

US: 27.26 billion passenger-km/year (both Amtrak and commuter rail), 159 deaths over 20 years. Note the rate is more than twice that of China per capita, let alone per rail passenger. This is one death per 3.4 billion passenger-km.

For comparison, the US road network has 33,000 accident deaths and 7.35 trillion passenger-km per year, which is one death per 220 million passenger-km.

On a closing note, China not only has the safest passenger trains, but also by far the busiest tracks. Freight density beats that of the US and Russia and passenger density beats that of any European country.
 
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ABC78

Junior Member
Chart of the day: US-China economic ties deepen across Great Recession

BusinessWeek post by way of Craig Nordin.

Some basics:



Both imports from, and exports to, China grow since 2008.
Chinese investment creates 8,000 US jobs in 2007 and now 27,000 in 2012. "If investment from China remains on track, Chinese businesses will employ 200,000 to 400,000 Americans by 2020."
Applications for enterpreneur visas to US: About 500 Chinese in 2008 equals about 40% of total, and almost 3,000 Chinese applications in 2011 = about 80%.
Chinese students in US up 135% since 2008 (84,000 --> 197,000).
Chinese holdings of US Treasuries up 158% since 2008.
Patent applications: 4-5,000 Chinese applications in US in 2008 and 10-11,000 in 2011; and US applications in China 24-25,000 in 2008 and 28-29,000 in 2011.
Top 10 US exports to China are power generation equipment, oil seeds and fruits, electrical machinery/equipment, vehicles, aircraft and spacecraft, optics and med equipment, plastics, pulp and paperboard, copper, organic chems.
Top 10 US imports from China are electrical machinery/equipment, power generation equipment, toys-games-sports equipment, furniture, footwear, apparel, plastics, iron and steel, vehicles.

It is dismaying to listen to the crude level of discourse in this presidential election regarding China. Something to remember when we blame domestic Chinese politics on similarly crude behavior/talk from the Beijing.

Yes, the clever wags will point out that we've outsourced more jobs to China than they've created over here. But the interesting point is that China is already creating jobs over here and that that number is growing rapidly. That tells you how quickly that worm has already begun turning. Moreover, while some of those jobs will invariably return as China's wages rise, most will simply continue their long-term global migration to the next great sources of cheap labor - as they should (unless you believe America should, for example, attempt to become the most expensive manufacturer of low-cost, low-tech items in the world).

Referenced from:
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jackliu

Banned Idiot
Chart of the day: US-China economic ties deepen across Great Recession

BusinessWeek post by way of Craig Nordin.

Some basics:



Both imports from, and exports to, China grow since 2008.
Chinese investment creates 8,000 US jobs in 2007 and now 27,000 in 2012. "If investment from China remains on track, Chinese businesses will employ 200,000 to 400,000 Americans by 2020."
Applications for enterpreneur visas to US: About 500 Chinese in 2008 equals about 40% of total, and almost 3,000 Chinese applications in 2011 = about 80%.
Chinese students in US up 135% since 2008 (84,000 --> 197,000).
Chinese holdings of US Treasuries up 158% since 2008.
Patent applications: 4-5,000 Chinese applications in US in 2008 and 10-11,000 in 2011; and US applications in China 24-25,000 in 2008 and 28-29,000 in 2011.
Top 10 US exports to China are power generation equipment, oil seeds and fruits, electrical machinery/equipment, vehicles, aircraft and spacecraft, optics and med equipment, plastics, pulp and paperboard, copper, organic chems.
Top 10 US imports from China are electrical machinery/equipment, power generation equipment, toys-games-sports equipment, furniture, footwear, apparel, plastics, iron and steel, vehicles.

It is dismaying to listen to the crude level of discourse in this presidential election regarding China. Something to remember when we blame domestic Chinese politics on similarly crude behavior/talk from the Beijing.

Yes, the clever wags will point out that we've outsourced more jobs to China than they've created over here. But the interesting point is that China is already creating jobs over here and that that number is growing rapidly. That tells you how quickly that worm has already begun turning. Moreover, while some of those jobs will invariably return as China's wages rise, most will simply continue their long-term global migration to the next great sources of cheap labor - as they should (unless you believe America should, for example, attempt to become the most expensive manufacturer of low-cost, low-tech items in the world).

Referenced from:
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You know one thing is funny, the level of interaction between US and China is actually among the closest alliance between 2 nation ever in history of nations.

But yet... on the political side it is not much better than Cold War enemies. It is a shame how both nation so distrust each other politically when they are developing so close economically. I especially blame the American side, the average American people have very distorted view of China, than the average Chinese of Americans.

Both nation should really learn to understand each other more, the potential for cooperation is limitless.
 

AssassinsMace

Lieutenant General
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I have to chuckle at all these other Asian countries trying to create their own Macau. That's great if they're doing it for themselves but I always see it coming that it's to attract the Mainland Chinese gambler, not their own citizens, which makes Macau unlike any other. I just read that 75% of South Koreans see China as a military threat and they are no different with their nationalistic atitudes just like with Japan. But they're counting on the Chinese to make them money?
 

Equation

Lieutenant General
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I have to chuckle at all these other Asian countries trying to create their own Macau. That's great if they're doing it for themselves but I always see it coming that it's to attract the Mainland Chinese gambler, not their own citizens, which makes Macau unlike any other. I just read that 75% of South Koreans see China as a military threat and they are no different with their nationalistic atitudes just like with Japan. But they're counting on the Chinese to make them money?

The reason for these nationalistic attitudes I think has got to do with their insecurity and fear that their ethnic purity will be gone if the Chinese Han race so happens to mingle and married their kind. As far as money, they'll do business with almost anyone, same goes with everybody these days. Many of the elite upper class of these smaller Asian countries just wanna maintain their statuq quo and whatever little empire they got left.
 

AssassinsMace

Lieutenant General
It's ironic that when dealing with China others can mix politics and economics but somehow these very same countries demand China not exercise it.

The key is the Chinese and their gambling mindset which makes Macau the biggest gambling Mecca in the world now. All these other countries don't have that. Every other country in the region gripes about the Chinese tourist behavior. That comes with the territory so don't complain if you're greedy at the same time. The only rival possibly in the future to Macau is China itself and talk they're going to allow gambling on the island of Hainan. What Macau doesn't have is space. Hainan has tropical beaches for resorts and land for sporting complexes, race tracks, and golf courses.
 

kyanges

Junior Member
China is not even finish with 3G conversion why did they need the 4G? and what is so fantastic about 4 G anyway watching video on thumb size screen is fun? I will ruined my eyes watching on so small screen not to mention expensive like a hell.

In fact 4G is going to be replaced by TD light soon and China is the leader in that.

...

While TD is primarily a China-only system, it may well be exported to developing countries. It is likely to be replaced with a newer TD-LTE system over the next 5 years.

4G is just a name for a wireless standard. It isn't a technology in and of itself.

It says right in what you quoted that TD-LTE is 4G. Your post starts with a rant aimed at making 4G sound useless, and then goes on to brag about China's coming implementation of another technology as if it were their alternative. The problem is that the supposed alternative you then reference is in fact exactly what your post just cast aside.

What exactly are you trying to say?
 
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maarrkk

New Member
Registered Member
I would love to say that China is a master country its a dream country of every investor every company. China's economy is getting stronger day by day as it has now become the most powerful competitor of USA. China has and Chinese has proved that they can do anything. China offers good facilies to businessmen.

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Player 0

Junior Member
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How the China Trade Helped Make America
Nov 4, 2012 4:45 AM EST
This year’s presidential election has brought the latest round of China bashing, but the anti-Chinese strain in American politics ignores our long and highly profitable history of trade and commerce with the country writes Eric Jay Dolin.
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China bashing has become a cottage industry during this Presidential season. Whether it’s griping about the trade deficit, decrying the amount of our debt China owns, or skewering China’s currency policies, Americans see bogeymen around nearly every corner. The merits of such concerns are debatable, and I gladly leave those arguments to policy wonks and modern-day China watchers. But, it is important to remember that our relationship with China goes all the way back to the beginning of the Republic, and in those dramatic and tempestuous years of America’s youth, the China trade provided a much needed, and greatly appreciated boost to the American economy. Back then, China wasn’t a threat, it was a golden opportunity.


It is not surprising that Americans pursued the China trade as soon as the American Revolution ended. After all, American colonists had long had a love affair with things Chinese. From the mid-1600s up until the eve of the revolution, the British East India Company supplied the American colonists with Chinese goods, most importantly tea, which Americans consumed at a rate of more than one billion cups annually in the early 1770s.

Before the revolution, Americans had been barred from entering the China trade on account of the British East India Company’s monopoly on Far Eastern commerce. But when America won the war, the Company’s monopoly no longer applied, and Americans were free to trade with China, and trade they did.

Between 1784, when the Empress of China blazed the trail, and the end of the War of 1812, nearly three hundred American ships made a total of 618 voyages to Canton.

These ships carried cargoes of ginseng, sea otter and fur seal skins, opium, sandalwood, and Spanish silver dollars, which were used to purchase Chinese tea, silk, porcelain, and other exotic items.

Among the merchants who took the lead in the China trade were John Jacob Astor of New York, Stephen Girard of Philadelphia, and Elias Hasket Derby of Salem. Their China trading and other business activities made them among the wealthiest people in the United States, with Derby becoming the country’s first millionaire, Astor its first multimillionaire, and Girard nearly equaling Astor’s fortune.

Although merchants benefited most from the China trade, they weren’t the only ones who were enriched. During the Revolution, much of America’s merchant fleet was destroyed by the British navy, which tenaciously targeted American ships at sea and in port. That meant that new ships had to be built for the burgeoning China trade, bringing shipyards back to life and employing thousands of men in various trades.


(Left to right) Among the merchants who took the lead in the trade between China and North America were John Jacob Astor of New York, Elias Hasket Derby of Salem and Stephen Girard of Philadelphia. (Encyclopaedia Britannica / UIG Via Getty Images ; Kean Collection / Getty Images ; Corbis)

Those ships had to be outfitted, employing thousands more, and they had to be manned, which created a high demand for officers and crew. Each time a ship returned, its owners had to pay customs fees to the government, and when the ships’ cargoes were sold in shops they created another source of revenue.

Thus in many ways the impacts of the China trade were felt far and wide. The money funneled into shipbuilding, outfitting, and manning the ships, paying the taxes, and selling the goods cascaded through the economy and made it stronger. The emerging China trade also placed the United States on a firmer footing to defend its rights upon the seas by serving as a nursery for seamen who could be called upon by the merchant marine and naval forces to help defend the country.

The most prominent and successful China merchants plowed their millions into a wide array of business ventures—including railroads, banks, and mining ventures—that helped build America’s nineteenth-century economic and industrial might.
After the War of 1812, up through the Civil War, the China trade continued to enrich merchants and bolster the economy, at times exceeding 4 percent of the nation’s foreign commerce. The China trade also led to the development of clipper ships, the “greyhounds of the sea,” arguably the most magnificent sailing vessels ever built, which were designed to get to China and back quickly, because the fresher the tea, the higher the prices that could be charged.

The China trade was an early engine of American investment. The most prominent and successful China merchants plowed their millions into a wide array of business ventures—including railroads, banks, and mining ventures—that helped build America’s nineteenth-century economic and industrial might. And many China merchants invariably became philanthropists, leaving behind lasting legacies.

These American fortunes, and all their good works, however, must be weighed against the damage that was done in acquiring them. Many of America’s China traders earned a significant portion of their wealth from the morally and legally indefensible opium trade. And though the Opium Wars (1839-42 and 1856-60) were not American wars, Americans still bear a heavy responsibility for having nurtured the drug trade.
Perhaps the most enduring, and certainly the most beautiful legacy of the early China trade can be seen in art museums and people’s homes, which contain exquisite objects brought over from the Middle Kingdom.

So, when you read the heated, and often overblown news coverage on the tribulations of the modern China trade, bear in mind that we have been trading with China for more than 225 years, and in many ways, that has been a good thing.
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Eric Jay Dolin is author of When America First Met China: An Exotic History of Tea, Drugs, and Money in the Age of Sail (Liveright, September 2012).

For inquiries, please contact The Daily Beast at [email protected].
 
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