Chinese Economics Thread

[GulfLander]

"China will optimize the assessment systems of State-owned insurance companies and the national social security fund to increase their investments in the A-share market, as part of the country’s latest plan to attract more long-term capital for market stability[...]."

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[Serb]

https://twitter.com/i/web/status/1882088332999446719

https://twitter.com/i/web/status/1882289723122577854

 

[proelite]

https://twitter.com/i/web/status/1882088332999446719

Why not use darker green for the higher percentages...

 

[GulfLander]

Shanghai Home mortage loans up 2.3% (2024).

https://twitter.com/i/web/status/1882093969817088511

 

[proelite]

These polls coming from China are never trustworthy because how CCP manipulates data. Also, ordinary people are incentivized to report "positively" for better social ratings and not to be accused of "spreading false info" that CCP doesn't want it's citizens to hear. The bottom line is that one can't criticize CCP in china, and if you report you are pessimistic, then you indirectly criticize CCP. I am even more skeptical of their report that real GDP growth was 4.9 last year. Anyways, I wish the Chinese people a speedy recovery from the real estate collapse.

I agree. They should bann McKinsey & Company from operating in the United States on national security grounds.

 

[siegecrossbow]

I agree. They should bann McKinsey & Company from operating in the United States on national security grounds.

They should force reeducate all the McKinsey Consultants in XJP Thought. Instead of telling big corporations to do massive layoffs for shareholder values they shpuld learn human compassion and spread the wealth around.

 

[zbb]

Domestic tourism in 2024 up 14.8% YoY in terms of number of trips and 17.1% in terms of tourism spending.

In what kind of economic collapse do people massively increase spending on tourism and recreational activities?

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[siegecrossbow]

Domestic tourism in 2024 up 14.8% YoY in terms of number of trips and 17.1% in terms of tourism spending.

In what kind of economic collapse do people massively increase spending on tourism and recreational activities?

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It’s because they can’t afford houses, duh.

 

[Michael90]

They should force reeducate all the McKinsey Consultants in XJP Thought

What is XJP thought?

 

[siegecrossbow]

What is XJP thought?

Xi Jinping’s book that he is making Black Rock fund managers in China study for two hours or more a day.