Chinese Economics Thread

[henrik]

The crap is already out of the Yank clowns; how else do you think they elected a German as president who brought Gestapo/Stazi culture to ICE, turning the educated portion of the country into victims of all the angry high school drop out racists? China doesn't even wanna scare them anymore; we're all about business and bettering ourselves.

There is no need for China to surpass them in gdp. When China's nominal gdp gets closer, after just 20% appreciation, that will create big pressure on trump. In any ball game, creating pressure on your opponent will increase their chance of making mistakes.

 

[sunnymaxi]

“In 2024 listed Chinese firms generated 15 Trillion Yuan ($2.1 Trillion) revenue from overseas sales.



Note - these are only listed companies. many Chinese companies don't even trade in any SE. so if we count all then total revenue from overseas is much more than that. but the good news is, this is just the beginning.

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[Wrought]

Kenya signed a preliminary trade agreement.

NAIROBI, Jan 15 (Reuters) - Kenya has struck a preliminary trade deal with China that would give 98% of its exports duty-free access to the large Chinese market, the Nairobi government said on Thursday, with a full, final agreement in the pipeline. The East African nation has been forging closer ties with China, with President William Ruto making a

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to Beijing last year during which a number of financing and cooperation agreements were signed. "We have initiated discussion with China to negotiate a bilateral trade agreement," Kenya's trade ministry said in a statement, disclosing the talks for the first time. "These engagements have resulted in a preliminary agreement."

This disproves

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of the agreement being on hold due to US pressure.

Kenya is also a close ally of Washington and is negotiating a separate bilateral trade accord with the Trump administration, giving rise to recent reports in domestic media outlets that closer engagement with China could anger the U.S. Officials have denied those reports. "We see no tension between our concluding a market access arrangement with China on one hand, and our robust push for AGOA re-authorization as well as a separate bilateral trade agreement with the United States, on the other," Korir Sing'oei, principal secretary at Kenya's Foreign Ministry, posted on X this week.

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[tphuang]

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JD logistics and Honor is building multiple logistics center in the Middle East so that Honor can continue to expand in the region.

 

[Wrought]

Electricity consumption rose 5% last year to 10.4 trillion kWh, breaking the 10 PWh mark for the first time.

Tertiary sector consumption increased 8.2 per cent to 1.99 trillion kWh, primarily driven by increases of 48.8 per cent for electric vehicle charging and battery swapping and a 17 per cent jump for information technology services amid booming demand for data centres and AI services, according to the NEA. Meanwhile, electricity consumption in primary industries – which includes agriculture, forestry, animal husbandry and fisheries – grew 9.9 per cent year on year to 149.4 billion kWh, while consumption in secondary industries – including manufacturing, construction and mining – increased 3.7 per cent to 6.64 trillion kWh. Residential consumption, the other major driver, reached 1.59 trillion kWh, a year-on-year increase of 6.3 per cent, as heatwaves last year led to record levels of electricity use in several regions including Henan, Shaanxi and Hubei.

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[Michael90]

JD logistics

Is it run by JD.com the Chinese ecommerce giant ? Or its another Chinese logistics company

 

[Wrought]

2025 growth came in on target.

China's economy grew 4.5% in the fourth quarter from a year earlier, data from the National Bureau of Statistics (NBS) showed on Monday, slowing from the third quarter's 4.8% pace as consumption and investment dragged. Analysts

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by Reuters had forecast fourth-quarter gross domestic product (GDP) would expand 4.4% from a year earlier. Last quarter's growth was the slowest in three years. For the whole of 2025, the economy expanded 5.0%, meeting the official target of around 5%. Analysts had forecast 4.9% growth and the economy grew 5.0% in 2024.

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[tamsen_ikard]

2025 growth came in on target.

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Despite all the slowdown for 3 years, China's growth is still slowing, even despite all the industrial success. Its so sad to see. Its all due to lack of looser monetary and fiscal policy from the govt. They are still deflation to continue when they have record surplus and a rising yuan. They can easily print more money and solve the deflation problem and also boost economic growth.

Too much conservatism is bad for China. They need to show some wolf warrior spirit.

 

[vincent]

Despite all the slowdown for 3 years, China's growth is still slowing, even despite all the industrial success. Its so sad to see. Its all due to lack of looser monetary and fiscal policy from the govt. They are still deflation to continue when they have record surplus and a rising yuan. They can easily print more money and solve the deflation problem and also boost economic growth.

Too much conservatism is bad for China. They need to show some wolf warrior spirit.

Get your facts straight. The Chinese government has been running a hefty budget deficit in the past few years

 

[gadgetcool5]

Get your facts straight. The Chinese government has been running a hefty budget deficit in the past few years

I think he's referring to the trade surplus.

It means, crudely, that China isn't dependent on net imports to maintain its standard of living and therefore it doesn't have to worry about sudden capital flight or currency devaluation if it prints more money to fund stimulus.

A big part of the problem with lagging tax revenue is producer price deflation, which heavily impacts China's VAT tax. The deflation also exacerbates household debt problems. Many younger Millennials or older Gen Z bought at the peak of the housing market and are now underwater on mortgages. This obviously has a negative impact on domestic demand. Some inflation could help them out since the nominal debt amount would be fixed, so inflation would reduce debts.