Chinese Economics Thread

[manqiangrexue]

you sound more optimistic than the Glob. Times I linked Yesterday at 10:25 PM

They gave a short term view and I gave a long term view. In the long term, China's economy is stable and growing rapidly. If you write a short term analysis and right now, there is some small drop in numbers, of course, it's going to sound much more serious when we're talking about missing the projected target for next month that was made a year ago or something of the nature. In the long term, that's not too important for the layman who just needs to know we're still expanding steadily but economists in charge of the national economy have to be ever vigilant of every small change.

 

[Jura The idiot]

They gave a short term view and I gave a long term view. In the long term, China's economy is stable and growing rapidly. If you write a short term analysis and right now, there is some small drop in numbers, of course, it's going to sound much more serious when we're talking about missing the projected target for next month that was made a year ago or something or the nature. In the long term, that's not too important for the layman who just needs to know we're still expanding steadily but economists in charge of the national economy have to be every vigilant of every small change.

now you sounded more like the official

Economic Watch: China's economy stays resilient amid mounting downward pressure

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(I know I linked it Oct 19, 2019)

 

[Jura The idiot]

the text of the article is even more caution than its headline
China appears to indicate partial trade deal with US may be within reach

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(related press release is

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)

time will tell

 

[Gatekeeper]

Isn't this scaremongering from a typical Australian MSM!

Headline:

Why you should worry if you have a Chinese smart phone!

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[solarz]

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All that said, Huawei’s performance in the third quarter was extraordinary. As

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by market researcher Canalys, “this is Huawei’s sixth consecutive quarter of double-digit growth amid a gloomy China market.” The company posted 66% annual growth, reaching a staggering 42% market share.

All Huawei’s rivals have now been left far behind, but it’s the impact on Apple that will steal headlines just ahead of its own results. Apple has been desperate to hold onto a sensible market share in China, but this latest drop of 28% on the same quarter a year before takes it down to its lowest quarterly level for five years.


Today In:

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Keep in mind that Huawei has shipped 200 million smartphones so far in 2019, and only 40 million of those were in China. Huawei's international presence is still very strong.

 

[manqiangrexue]

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Keep in mind that Huawei has shipped 200 million smartphones so far in 2019, and only 40 million of those were in China. Huawei's international presence is still very strong.

Brainwashed Americans be like, "Cus it's China! If you don't buy a Huawei, they'll put your family in a labor camp and harvest their organs! What else can they do? One day, they'll rise up and throw away all those Huawei's they were obviously forced to buy!" LOL

 

[Franklin]

Oh boy this upset many China haters, doubters, and naysayers out there.

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Not a surprise at all. And if the US continues to spend its money on welfare, warfare and asset bubble's in the securities market. And China continues to spend on basic infrastructure, industry, products, science and technology and R&D. This will be the trend going into the future.

 

[localizer]

nothing to be proud of

we must get that number to 500 million

 

[Jura The idiot]

Glob. Times speculating about coming increase of the US inflation, and coming increase of Chinese pork-import from the US:
Will Fed’s cuts feed into higher pork price in China?
follow the link

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if interested

 

[manqiangrexue]

Nice add-on to Solarz's post. 66% in China but how well globally? 29% well! Other Chinese phones are taking a bit of a hit, which isn't a problem; as I had said before, it would be a huge problem if the US used these Chinese brands filed with American parts to take away Huawei's domestic lifeline in China's market. It seems that won't be happening... but with all this unexpected global growth, domestic lifelines are of less and less consequence.

Lastly, respect to Samsung; they are a tough tough dog to beat. If they hadn't lost huge market share in China over THAAD, they would have been even tougher.

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Huawei’s shipping so many phones, the global market is growing again

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- Oct 31, 2019, 10:55 am CDT