Chinese Economics Thread

Nevermore

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The US dollar is still depreciating compared to gold and silver, so if the world cannot get rid of the US dollar hegemony in the future, industrial countries including China will still pay for the depreciation of the US dollar, which is like walking in an elevator in the opposite direction.
 

Proton

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They are heading into Vedic winology territory with this one. Surprised they didn’t add “at what cost” at any point…
It gets absurd as 1.1% qoq growth is exactly what China needs for the remaining two quarters to hit its 5% growth target for 2025.

Meanwhile you have the IMF predicting 4% growth for China and the World Bank 4.5%, among other similar predictions.
 

Nevermore

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One page of the new issue of Study Times is devoted to the decline in the proportion of China's manufacturing industry in GDP. It seems that China is also frightened by the deindustrialization of the United States. :D
The titles of the three articles are:
To promote Chinese-style modernization, it is necessary to maintain a reasonable proportion of manufacturing
The bottom line logic and policy guarantee for maintaining a reasonable proportion of manufacturing
We must have a rational understanding of the changes in the proportion of manufacturing
 

qwerty3173

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One page of the new issue of Study Times is devoted to the decline in the proportion of China's manufacturing industry in GDP. It seems that China is also frightened by the deindustrialization of the United States. :D
The titles of the three articles are:
To promote Chinese-style modernization, it is necessary to maintain a reasonable proportion of manufacturing
The bottom line logic and policy guarantee for maintaining a reasonable proportion of manufacturing
We must have a rational understanding of the changes in the proportion of manufacturing
As long as the trade surplus remains then everything is just fine I believe. Extra services sector is just a lubricant of society, sure it inflates GDP numbers but that is little price to pay for better living standards of city folks and more jobs.
 

siegecrossbow

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One page of the new issue of Study Times is devoted to the decline in the proportion of China's manufacturing industry in GDP. It seems that China is also frightened by the deindustrialization of the United States. :D
The titles of the three articles are:
To promote Chinese-style modernization, it is necessary to maintain a reasonable proportion of manufacturing
The bottom line logic and policy guarantee for maintaining a reasonable proportion of manufacturing
We must have a rational understanding of the changes in the proportion of manufacturing

Define reasonable though. When China’s industrial output is greater than that of G7 combined I think a few percent decline in shares is no big deal.
 
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