Thanks a lot for taking the time to extract/format the data. I understand that reserve is dependent on the economics of extraction and that new deposits are constantly being discovered. But the biggest increase in China's remaining years of reserves came from a decrease in production. I'm glad that China is decreasing production and preserving its reserves either by administrative measures or the export tax system. It shows the leadership is onto the problem. China should gradually phase out export of phosphate which will incentivize production in Morocco and benefit everyone in the long run.
Chinese Economics Thread
- Thread starter Norfolk
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Thanks a lot for taking the time to extract/format the data. I understand that reserve is dependent on the economics of extraction and that new deposits are constantly being discovered. But the biggest increase in China's remaining years of reserves came from a decrease in production. I'm glad that China is decreasing production and preserving its reserves either by administrative measures or the export tax system. It shows the leadership is onto the problem. China should gradually phase out export of phosphate which will incentivize production in Morocco and benefit everyone in the long run.
D
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The point still stands, there are households with combined 600 million people in China that live on less than ￥1090 RMB a month. Who cares if they are dependents, they still have to survive.
counting teenagers and retiree in income distribution is meaningless. A much more useful number would be the income of working population
Unlikely unless they ramp up another round of QE.
India and America are becoming more and more indistinguishable.
Sounds like more printing presses added to the arsenal of Fed. Heidelberg and Lithoman are the backbone of American economy. LOL Meanwhile i learnt from a friend in LA that yesterday he bought simple(!!) orange for about 1$. Prices of milk, butter, groceries, meat skyrocketed also. Does any of the co-forumers residing in US observed such phenomena? This is not going to end good.
Interestingly, Caixin Global has a very different take on this issue today. They claim it's the investors who are paying too much for these companies and that regulation is actually increasing:
I don't think Caixin is right. After all, Caixin can only point to one company whose share price actually fell below its IPO price, while the FT charts showed that the average return after 250 days was still far higher than the IPO price.
I knew he was a clown after the high-speed rail claims thread he made but didn't know such a big one.
PiSigma
"the engineer"
Is he talking about USA or India? Otherwise LOL