The rankings for China is unfair anyways.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
It's really not that bad for HDI. China is pretty close to Brazil in terms of living standards I would say.
Riot in India Taiwanese iPhone maker Winstron.
"The linguistic and cultural complexities, including the caste system, have created hurdles for corporate management. In addition, the necessity of partnering with contractors comes with the risk of poor labor practices and requires rigorous operational audits, wrote Business Week."
China HDI is not that good due to low mean schooling years. Probably caused by a lot of old peoples say 50 years or older had inadequate schooling. As a comparison, China's GNI per capita rank is 13 position higher than its HDI ranking suggesting that China is richer than countries with similar HDI score.
China's luxury market boomed this year, even as global sales shrank
China's luxury market has proved "unstoppable" this year even as the coronavirus pandemic hammered global demand for expensive goods.
"Mainland China is the only major luxury market to grow in 2020," Bruno Lannes, a partner with Bain's consumer products and retail practices, told CNN Business. "China's luxury market is now bigger than ever."
China's luxury market has proved "unstoppable" this year even as the coronavirus pandemic hammered global demand for expensive goods.
"Mainland China is the only major luxury market to grow in 2020," Bruno Lannes, a partner with Bain's consumer products and retail practices, told CNN Business. "China's luxury market is now bigger than ever."
Goldman Sachs reveals how to take advantage of the ‘China phenomenon’ in 2021
China is a “once in a generation opportunity” for investors, according to a Goldman Sachs stocks expert.
The China phenomenon is absolutely one that is here to stay,” Barrs told CNBC’s “Street Signs Europe” last week.
“We can talk a lot about U.S.-China relations, I think the likelihood of that being tempered materially is unlikely, and we see cross-party support for pushing back on some of the advancements China has made in the U.S., but that doesn’t mean China can’t be successful.”
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Man Wall Street is saying China will be successful. That must be depressing for Gordon Chang types. Wall Street telling Americans to look at China...
China is a “once in a generation opportunity” for investors, according to a Goldman Sachs stocks expert.
The China phenomenon is absolutely one that is here to stay,” Barrs told CNBC’s “Street Signs Europe” last week.
“We can talk a lot about U.S.-China relations, I think the likelihood of that being tempered materially is unlikely, and we see cross-party support for pushing back on some of the advancements China has made in the U.S., but that doesn’t mean China can’t be successful.”
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Man Wall Street is saying China will be successful. That must be depressing for Gordon Chang types. Wall Street telling Americans to look at China...
Hi Crang,
I may give credit to Liu He, He really know how the American operates. During the Phase 1 agreement signing you can sense his dignity compare to the American contingent. China strategy of further opening up defeat the purpose of Trump tariff and sanction. Instead of China suffering it's the US that bear the burden.
What are you talking here There are many gas field in Russia. ARctic gas field is not the only one
The project aimed at supplying natural gas to China from fields in western Siberia is moving to the after Russian President Vladimir Putin gave the green light to the state-owned gas producer on 27 March.
Instead of entering China from the far west, over 3,200km away from Beijing and where central Asian pipeline gas enters China, Russian gas would arrive just 560km away from the capital, in the most populous region where demand is the highest and expected to grow
COMPETITIVE ADVANTAGE
Power of Siberia 2 won't finish until 2031 and still have to talk with Mongolia about it.
It will reach Beijing and Tianjin but what about the rest?
Power of Siberia 1 won't reach Shanghai until 2024. Even then, that's still only a select number of cities and regions accessing the line.
Western China still has to rely on Central Asian pipeline.
That still leaves large portions of the country that you may have to serve by ship.
Pipelines are a huge development for China-Russian relations, and using more LNG means less pollution and less reliance on imported coal. Its a win-win for Sino-Rus, and a huge loss to US, Australian, Canadian and Middle East fossil fuel industries.
