Chinese Economics Thread

[bladerunner]

Good point, they (the corrupts, the cheaters, the less-than-legal-overnight-millionaires) go where they feel home.

Mr. G.W.B reprensenting the good part of the world once said: If you harbors terrorists, YOU ARE TERRORISTS.
- I am looking forward to the same perspective.

Hmmm...... You saying that G.W.B was right? If so then that opens up a whole can of worms.

 

[Martian]

World's longest cross-sea bridge opens in east China

China opens 'marathon' bridge
TelegraphTV - 35 minutes ago
The 26.4 mile-long Qingdao Haiwan Bridge, the world's longest bridge over water, opens for traffic in China.

[video=youtube;BjO0KAnDQDw]http://www.youtube.com/watch?v=BjO0KAnDQDw[/video]

 

[zoom]

I've got an idea, they can hold a unique Qindao marathon on this.Since they are calling it a marathon bridge and it has the length roughly of a marathon race.

 

[ABC78]

Hey guys here's a presentation from c-span2 booknotes the book The Next Convergence is about the future growth of the global economy with much of the focus in the presentation on the Chinese economy.

Please, Log in or Register to view URLs content!

 

[AssassinsMace]

I just read a piece from William Pesek of Bloomberg. He painted the stereotypical view of China where women are held down. It's amazing how someone like him can outright lie and have a job in journalism. According to him what the article below says could not happen.

China's Women Buy Maseratis and Ferraris Like Italian Pastries
By Ray Kwong | Forbes – Mon, Jul 4, 2011...


I totally missed this info nugget and in case you did, too: Chinese women buy three times more Maseratis and twice as many Ferraris than Western women do.

A third of China’s millionaires are women, and they buy a disproportionately large share of high-performance sports cars in the world’s fastest-growing major economy. Fiat SpA said the percentage of women buying its Maseratis in China is triple that of Europe, while the percentage buying its Ferraris is double the global average, according to Bloomberg.

Sales of ultra-luxury vehicles in the world’s largest auto market likely increased 60 percent last year, according to consultants Bain & Co. Deliveries may increase 35 percent this year, driven by consumers wanting to prove their success or succumbing to peer pressure, said Ray Tsang, a Shanghai-based partner at Bain.

Women buyers generate 30 percent of Maserati’s China sales, compared with less than 10 percent in Europe, Shanghai-based Gobber said. The GranCabrio convertible with 433 horsepower costs $406,656 and the GranTurismo S coupe $391,527, the company said.

Ferrari’s China sales rose almost 50 percent to about 300 last year, the company said. Women account for about 20 percent of mainland sales, more than twice the company’s global average. A Ferrari California sports tourer costs $527,924 in China and about $200,000 in the U.S.

The rise of women entrepreneurs—more than half the world’s richest women are Chinese according to Hurun Report—is propelling their share of luxury spending, said FT.

”In China, women are ambitious...so they will buy more ‘high powered’ products than women in the US or Europe,” says Tom Doctoroff, greater China head of JWT, the advertising agency. “A woman here needs to project her power in ways that a western woman simply does not need to.”

In contrast, as western luxury brands tap the Chinese market, unlearning gender stereotypes along the way, China's men purchase more face creams and bags. Coach, the US leather brand, says men represent 45 percent of the $1.7 billion Chinese market for luxury bags and accessories, compared with 15 percent globally, said FT. (They buy exotic cars as well, but I liked the stat on "man bags." You can read more about designer handbags for upwardly mobile men in China here.)

 

[siegecrossbow]

I just read a piece from William Pesek of Bloomberg. He painted the stereotypical view of China where women are held down. It's amazing how someone like him can outright lie and have a job in journalism. According to him what the article below says could not happen.

Journalists only report what their audience wants to hear. He'll have a job as long as people are willing to believe in stereotypes.

 

[Red___Sword]

Journalists only report what their audience wants to hear. He'll have a job as long as people are willing to believe in stereotypes.

Sad thing is, cutting funds to terrorist preacher is a good act; cutting funds to these whole other breed of preacher name themselves journalists, is considering not.

I found a common thing of terrorist preacher and journalist are that they all telling you one side of coin, only.

 

[nosh]

Journalists only report what their audience wants to hear. He'll have a job as long as people are willing to believe in stereotypes.

You totally misunderstood the art of "public communication".

A "journalist" only says what his boss (and the greater power) wants him to say. He'll have a job and advance his career only if he joins the game and contributes to the agenda. Journalism died long ago.

 

[Martian]

Happy 90th Anniversary CCP

My, you have come a long way. You have done wonders for the Chinese people.

Ninety-four-year-old veteran Liu Jiaqi sheds a tear as he dons his cap at a ceremony for "Retracing the Long March," on July 22, 2006. The Long March was a yearlong, 8,000-mile retreat by the Communist Red Army begun in 1934. It was during this retreat that many founders of the PRC, Mao among them, ascended to power. (China Photos/Getty Images)

Chinese Premier Wen Jiabao addresses the 11th National People's Congress in Beijing's Great Hall of the People on March 5, 2010. China had recently surpassed Japan to become the world's second-largest economy. (FREDERIC J. BROWN/AFP/Getty Images)

CAPTIONS BY TY MCCORMICK. Ty McCormick is an editorial researcher at Foreign Policy.

Source link:

Please, Log in or Register to view URLs content!

 

[kroko]

Moddys has bad news about china´s banks. This is an article talking about those.

Please, Log in or Register to view URLs content!