Chinese Economics Thread

[PopularScience]

Also, Land = Income.

My understanding from friends with rural hukous is that they get to benefit from annual profit dividends derived from village collectives that can amount to six-figure sums annually.

So yeah, a bit hard to quantify rural retirement "benefits"

Yes. Now rural hukou is more preferable than city hukou.

 

[GulfLander]

https://twitter.com/i/web/status/1985584047997772187

 

[magmunta]

Let this be here for fun.

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[supercat]

According to China's premier, China's nominal GDP will exceed 170 trillion yuan in 5 years. If RMB does not appreciate significantly during this 5 years, it will be more than $23 trillion by 2030.

https://twitter.com/i/web/status/1985898033570316751

 

[Michael90]

According to China's premier, China's nominal GDP will exceed 170 trillion yuan in 5 years. If RMB does not appreciate significantly during this 5 years, it will be more than $23 trillion by 2030.

https://twitter.com/i/web/status/1985898033570316751

$3trillion in 5 years is fairly okay by china's standard, nothing spectacular.