Chinese Economics Thread

[manqiangrexue]

Sanctions, bans, trade wars, aiya, I don't get the point of all this fighting. Everybody loses. Things were going so great up until 2018. It's time for a reset of relations and to seek stabilization in diplomacy with the West.

You don't get anything cus you live in your own little kumbaya world. The US went haywire with fear of being overtaken so they elected an aggressive imbecile for president, attacking China and the world, but it backfired with China. It's time now, as it was ever, for China to grow. The West can flounder and seek diplomacy with China, or not. China just grows.

China is being hurt on the margins by this. China is still a developing country and can't afford to throw away any advantage.

Zero sum game; China's being hurt a little but the West is being hurt a lot. It's a competition; the difference is key.

And yes China is the one who started this latest round by suddenly sanctioning all these Australian goods after Morrison said he wanted to patch things up. No one's asking you to bend any knee just look after your own self interest.

China came out swinging in round 2 but China didn't start the match. Australia can now see that cheap words after hostile actions don't earn Chinese goodwill. It might be more expensive than he can afford right now.

We're not barbarians anymore this is the era of globalization and trade

China was never the barbarian; you are the hopeless dreamer in your own fantasy world. China rules the era of trade and can manage the benefits with risks of globalization. It needs no advice from those lost in their own realms.

 

[broadsword]

Protecting guns, I suppose. And maybe a closet full of toilet paper

View attachment 66462

One word that you all have forgotten: freedom.

 

[NiuBiDaRen]

Relentless China Inflows Spur Call for Strongest Yuan Since 1993

• Currency could rise to 6 a dollar on strong fund influx: Citi
• Foreigners boosted pace of adding Chinese notes this year

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“The problem China faces next year will be huge, unrelenting capital inflow,” Citi’s Liu said. “The yuan’s appreciation will be a key threat to China’s macro economy.”

A rapid advance in the yuan could impair Chinese exports by making them more expensive. That will in turn hurt China’s growth, because the nation’s outbound shipments have emerged as a key driver for the economy on global demand for its pandemic-related goods. Also, sustained appreciation in the currency could attract speculative money inflows, fueling local asset bubbles and creating financial risks.

That’s why policy makers will seek to slow the advance, said Dariusz Kowalczyk, senior emerging-markets strategist at Credit Agricole CIB.

-------------------------

Funny how at the start of the year, people were saying PRC was doomed. Now the yuan is a safe haven compared to the dollar, and is appreciating too quickly because capital is flowing into too quickly (lol). Too much of a good thing is not good. Needs to be controlled. But Ray Dalio was right in saying investing in China is the way to go.

 

[localizer]

Relentless China Inflows Spur Call for Strongest Yuan Since 1993

• Currency could rise to 6 a dollar on strong fund influx: Citi
• Foreigners boosted pace of adding Chinese notes this year

Please, Log in or Register to view URLs content!

View attachment 66464


“The problem China faces next year will be huge, unrelenting capital inflow,” Citi’s Liu said. “The yuan’s appreciation will be a key threat to China’s macro economy.”

A rapid advance in the yuan could impair Chinese exports by making them more expensive. That will in turn hurt China’s growth, because the nation’s outbound shipments have emerged as a key driver for the economy on global demand for its pandemic-related goods. Also, sustained appreciation in the currency could attract speculative money inflows, fueling local asset bubbles and creating financial risks.

That’s why policy makers will seek to slow the advance, said Dariusz Kowalczyk, senior emerging-markets strategist at Credit Agricole CIB.

-------------------------

Funny how at the start of the year, people were saying PRC was doomed. Now the yuan is a safe haven compared to the dollar, and is appreciating too quickly because capital is flowing into too quickly (lol). Too much of a good thing is not good. Needs to be controlled. But Ray Dalio was right in saying investing in China is the way to go.

A possible response would be unrestricting capital outflow. Limits on moving Chinese money out is still quite stringent.

 

[Dolcevita]

Sanctions, bans, trade wars, aiya, I don't get the point of all this fighting. Everybody loses. Things were going so great up until 2018. It's time for a reset of relations and to seek stabilization in diplomacy with the West.

No. This is not fighting at all. This is a lesson and educating.

 

[Nobonita Barua]

Relentless China Inflows Spur Call for Strongest Yuan Since 1993

• Currency could rise to 6 a dollar on strong fund influx: Citi
• Foreigners boosted pace of adding Chinese notes this year

Please, Log in or Register to view URLs content!

View attachment 66464


“The problem China faces next year will be huge, unrelenting capital inflow,” Citi’s Liu said. “The yuan’s appreciation will be a key threat to China’s macro economy.”

A rapid advance in the yuan could impair Chinese exports by making them more expensive. That will in turn hurt China’s growth, because the nation’s outbound shipments have emerged as a key driver for the economy on global demand for its pandemic-related goods. Also, sustained appreciation in the currency could attract speculative money inflows, fueling local asset bubbles and creating financial risks.

That’s why policy makers will seek to slow the advance, said Dariusz Kowalczyk, senior emerging-markets strategist at Credit Agricole CIB.

-------------------------

Funny how at the start of the year, people were saying PRC was doomed. Now the yuan is a safe haven compared to the dollar, and is appreciating too quickly because capital is flowing into too quickly (lol). Too much of a good thing is not good. Needs to be controlled. But Ray Dalio was right in saying investing in China is the way to go.

First out flaw was problem. Now in flow is problem

 

[localizer]

First out flaw was problem. Now in flow is problem

CCP won’t take any action for as long as it’s only the dollar falling. Euro and Yen are rising against the USD. No point sacrificing money to prop up just the dollar.

The major currency most at risk is the dollar.

 

[gadgetcool5]

The US went haywire with fear of being overtaken so they elected an aggressive imbecile for president, attacking China and the world, but it backfired with China. It's time now, as it was ever, for China to grow. The West can flounder and seek diplomacy with China, or not. China just grows.

As a proud Chinese American I am here to say this: This so called "aggressive imbecile" was never elected by a majority of the people. He never got the most votes. He never got a majority approval. He was impeached by Congress. His entire election was just a mistake. And now he has been defeated for re-election the first president to do so since 1992. Please do not take him as an indicator of American intention. Quite the opposite.

 

[Nobonita Barua]

As a proud Chinese American I am here to say this: This so called "aggressive imbecile" was never elected by a majority of the people. He never got the most votes. He never got a majority approval. He was impeached by Congress. His entire election was just a mistake. And now he has been defeated for re-election the first president to do so since 1992. Please do not take him as an indicator of American intention. Quite the opposite.

Lol, as proud Chinese American, you should stick to fixing American system. He was elected through the system you built. Democracy is by the people, of the people, for the people, on the people.
Next term Americans will have "change of mind" again. I don't think people of globe have enough appetite left to see American drama.

 

[Mt1701d]

As a proud Chinese American I am here to say this: This so called "aggressive imbecile" was never elected by a majority of the people. He never got the most votes. He never got a majority approval. He was impeached by Congress. His entire election was just a mistake. And now he has been defeated for re-election the first president to do so since 1992. Please do not take him as an indicator of American intention. Quite the opposite.

Aren’t arguments that he was not elected by majority or he got elected by mistake moot points... @gadgetcool5 you as a proud Chinese American should respect the electoral college as it is enshrined in the Constitution of America by the founding fathers as a election process precisely to prevent the majority rule scenario in what is basically a Representative Republic that is the United States of America, where direct Democracy doesn’t make sense. So the election of Trump is the direct result of the Constitution of America... so how is he not valid or represent American intentions, especially when his intentions had to have the support of congress in order for them to be implemented, this is the check and balance that was put in place. Doesn’t your statement of he was not elected by the majority or he never got majority approval goes against the Constitution of America?

We are off topic now... let’s move to another thread if you want continue this.