Chinese Economics Thread

Jiang ZeminFanboy

Senior Member
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Also somber stats from the same report:



15.3% netizens earning less than ~$155/mo :(.

View attachment 68310

hmm
Idk about the internet report analysis by a CNNIC, but the above chart includes students and pensioners.

I've read this study and most likely it also underestimates high-income earners, because a lot of high-income population would likely say in the survey that they earn less than in reality, considering the Chinese political, culture, and economic system. Especially business owners.
 

AndrewS

Brigadier
Registered Member
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Very easy, forbid the selling of meat products.
Immediate success in self sufficiency.


So, due to the above no one seriously considering self sufficiency, the extra grain is not for human consumption, but for pigs.

Targeting to make that as well in China just put unnecessary burden onto the country.

I think that a meat ban would be held in reserve, only as a wartime measure if China was blockaded.
There's no need for an outright ban in peacetime.
 

OppositeDay

Senior Member
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China is running out of phosphate deposits in 20 years at the current rate of production. Food self-sufficiency is a joke when you will soon have to rely on others for essential fertilisers.
 

Skye_ZTZ_113

Junior Member
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China is running out of phosphate deposits in 20 years at the current rate of production. Food self-sufficiency is a joke when you will soon have to rely on others for essential fertilisers.
It's a good thing that the Haber process has existed since 1909. Nitrogen from air and hydrogen from natural gas (methane). Neither of which can be blockaded properly. I'm sure today's Chinese chemists and chemical engineers can find a far better process using novel techniques, if necessary methane from coal should things be truly bad in wartime.

Ironically the above were vital to the Imperial Germans to circumvent blockades.
 
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Chish

Junior Member
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Oh I know they have had a helping hand. The question is, why is China allowing them to get away with it while moving production out of China?
Not just Apple, Ford & Tesla(more investments), Toyota(not leaving in spite of Japanese government incentives), Nissan(planning more new models)and Samsung(which is considering coming back to China to contract manufacturing phones to Chinese companies) have proven that China is today the most productive and secure place for big business. In spite of Covid, trade war, Hong kong unrest, Ladakh, Quad incentives to lure factories away and negative western press, China still received the most Foreign Direct Investments in 2020 in the world, more than the USA. China is letting Apple making billions even if Apple diversify some factories to India because China is always business friendly and thinking long term.
 

wxw456

New Member
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China is running out of phosphate deposits in 20 years at the current rate of production. Food self-sufficiency is a joke when you will soon have to rely on others for essential fertilisers.
Most of the data for phosphate rock production quoted so far comes from the USGS mineral commodity summary publications. So why don't we go directly to the USGS publications instead?
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I will add a hypothetical "Years of Reserves Remaining" column based on (Reserves)/(Mine Production Estimated Year). I'm not going to include all the countries.

2021 Publication under Phosphate Rocks:
CountryMine Production 2019Mine Production 2020 EstimatedReservesYears of Reserves Remaining
United States23,30024,0001,000,00041.6
China95,00090,0003,200,00035.5
India1,4801,50046,00030.6
Morocco and Western Sahara35,50037,00050,000,0001,351.1
Russia13,10013,000600,00046.15
World total (rounded)227,000223,00071,000,000318.3

2020 Publication under Phosphate Rocks:
CountryMine Production 2018Mine Production 2019 EstimatedReservesYears of Reserves Remaining
United States25,80023,0001,000,00043.4
China120,000110,0003,200,00029.0
India1,6001,60046,00028.7
Morocco and Western Sahara34,80036,00050,000,0001,388.8
Russia14,00014,000600,00042.8
World total (rounded)249,000240,00069,000,000287.5

2019 Publication under Phosphate Rocks:
CountryMine Production 2017Mine Production 2018 EstimatedReservesYears of Reserves Remaining
United States27,90027,0001,000,00037.0
China144,000140,0003,200,00022.8
India1,5901,60046,00028.7
Morocco and Western Sahara30,00033,00050,000,0001,515.1
Russia13,30013,000600,00046.1
World total (rounded)269,000270,00070,000,000259.2

2018 Publication under Phosphate Rocks:
CountryMine Production 2016Mine Production 2017 EstimatedReservesYears of Reserves Remaining
United States27,10027,7001,000,00036.1
China135,000140,0003,300,00023.5
India2,0001,80065,00036.1
Morocco and Western Sahara26,90027,00050,000,0001,851.8
Russia12,40012,500700,00056
World total (rounded)255,000263,00070,000,000266.1

2017 Publication under Phosphate Rocks:
CountryMine Production 2015Mine Production 2016 EstimatedReservesYears of Reserves Remaining
United States27,40027,8001,100,00039.5
China120,000138,0003,100,00022.4
India1,5001,50065,00043.3
Morocco and Western Sahara29,00030,00050,000,0001,666.6
Russia11,60011,6001,300,000112.0
World total (rounded)241,000261,00068,000,000260.5

Notice a pattern? The phosphate rock reserve number from the 2017 publication to the 2021 publication isn't decreasing significantly for almost all the countries in the list. Notice that Russia's reserves are at 1,300,000 in the 2017 publication, but is at 600,000 in the 2021 publication. Yet Russia mined less than 100,000 during the period! This is because reserves is not equivalent to resources.

In the 2017 publication China had reserves of 3,100,000. In the 2021 publication China's reserves was at 3,200,000. Between 2015-2019 China produced about 614,000. If the reserve figure in the 2017 was finite then China's reserves would have decreased over the five year period to 2,500,000. But it didn't. This is true for other countries in the publication as well.

Reserves:
Reserve Base.—That part of an identified resource that meets specified minimum physical and chemical criteria related to current mining and production practices, including those for grade, quality, thickness, and depth. The reserve base is the in-place demonstrated (measured plus indicated) resource from which reserves are estimated. It may encompass those parts of the resources that have a reasonable potential for becoming economically available within planning horizons beyond those that assume proven technology and current economics. The reserve base includes those resources that are currently economic (reserves), marginally economic (marginal reserves), and some of those that are currently subeconomic (subeconomic resources). The term “geologic reserve” has been applied by others generally to the reserve-base category, but it also may include the inferred-reserve-base category; it is not a part of this classification system.

Inferred Reserve Base.—The in-place part of an identified resource from which inferred reserves are estimated. Quantitative estimates are based largely on knowledge of the geologic character of a deposit and for which there may be nosamples or measurements. The estimates are based on an assumed continuity beyond the reserve base, for which there is geologic evidence.

Reserves.—That part of the reserve base that could be economically extracted or produced at the time of determination. The term “reserves”need not signify that extraction facilities are in place and operative. Reserves include only recoverable materials; thus, terms such as “extractable reserves” and “recoverable reserves” are redundant and are not a part of this classification system.

Resources:
Identified Resources.—Resources for which location, grade, quality, and quantity are known or estimated from specific geologic evidence. Identified resources include economic, marginally economic, and subeconomic components. To reflect varying degrees of geologic certainty, these economic divisions can be subdivided into measured, indicated, and inferred.

Undiscovered Resources.—Resources, the existence of which are only postulated, comprising deposits that are separate from identified resources. Undiscovered resources may be postulated in deposits of such grade and physical location as to render them economic, marginally economic, or subeconomic. To reflect varying degrees of geologic certainty, undiscovered resources may be divided into two parts, as follows:

Hypothetical Resources.—Undiscovered resources that are similar to known mineral bodies and that may be reasonably expected to exist in the same producing district or region under analogous geologic conditions.If exploration confirms their existence and reveals enough information abouttheir quality, grade, and quantity, they will be reclassified as identified resources.

Speculative Resources.—Undiscovered resources that may occur either in known types of deposits in favorable geologic settings where mineral discoveries have not been made, or in types of deposits as yet unrecognized for their economic potential. If exploration confirms their existence and reveals enough information about their quantity, grade, and quality, they will be reclassified as identified resources.

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:
CountryMetric TonsYear
1. Brazil3,178,1672018
2. India2,241,3032018
3. United States1,115,8662018
4. Indonesia955,9102018
5. Pakistan770,3762018
6. Canada718,5442018
7. Australia708,2912018
8. Argentina600,5472018
9. Vietnam523,1882018
10. Ukraine506,6022018
China142,2582018
 

Anlsvrthng

Captain
Registered Member
I think that a meat ban would be held in reserve, only as a wartime measure if China was blockaded.
There's no need for an outright ban in peacetime.
Just one interesting data, during the 2nd WW the biggest problem of Germany was the lack of ammonium fertilizer- all fertilizer plant made explosives.

Means the grain production of Europe halved during the war - only due to the lack of NH3. Means everyone starved in Europe during the 2nd WW. Lot starved to death.
 
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