Chinese Economics Thread

[Jiang ZeminFanboy]

Friend can you explain this? I am not even aware of this model and I am curious to see how it actually works because from what you have said it sounds excellent

The beginning of reforms in China after overthrowing the gang of four and Hua Guofeng losing influence to Deng.
And some economic models appeared.

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Maybe this is a good article, I haven't read this article, will read it later. But I have a good book which is talking about it, but it's in Polish, so that's why I know this model and others.

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[KYli]

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[voyager1]

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Meh, EU is forced to agree on the CAI. If it doesn't then it can say goodbye to its failing growth rates and forget about being competitive.

I will enjoy China humiliating the EU by sanctioning some EU Parliament members and then the same Parliament agreeing to the deal lol

 

[siegecrossbow]

Friend do you have any news regarding this virus(?).

China's pig pop was decimated then new measures were taken, new "factories" were built etc. But I have also heard that there are still incidents happening on some parts of China.

Whats most problematic is that there was some interview recently with an "expert" who said that he doesn't think that China will ever eradicate this issue from affecting it. This seems very bad, imagine all these imports that China had to do to, all the rising prices for eating, etc this sounds like bad news.

Do you have any information on what is truly happening (truth, no the usual self-congratulations that media often do in China)

Pig production has recovered somewhat and pork price has plummeted compared with last year. On average the cost per kg is down 20/30yuan to 40 yuan per kg. I don’t think production has been restored to 2018 level though.

 

[horse]

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Meh, EU is forced to agree on the CAI. If it doesn't then it can say goodbye to its failing growth rates and forget about being competitive.

I will enjoy China humiliating the EU by sanctioning some EU Parliament members and then the same Parliament agreeing to the deal lol

That article was confusing to read, lol.

At the end, I had no idea whether they were coming or going.

Then ... why will it take to 2022 to make a decision?

It appears that people already made up their minds. If that is the case, then put it to a vote, why wait another year.

Someone should lose when that happens, and there will be clarity!

 

[AssassinsMace]

Nothing heroic about about EU's China sanctions when they thought they weren't supposed to suffer reprisals. Normally a hero is willing to sacrifice what they have for the good. Here they whine, pout, and stamp not understanding why?

See the West like with God hide behind a higher order. It's not them. It's beyond them that's demanding the "greater good" prevail. But they're the only ones that get to interpret what the "greater good" wants and it happens to be everything a Westerner wants. This is the chorus of the left. Same with the environment. Only they get to interpret what Mother Nature wants. They're no different from when the right hides behind God. And somehow they think the world is not suppose to question them when they speak for someone only they can speak to and no one else...

 

[gelgoog]

Nothing heroic about about EU's China sanctions when they thought they weren't supposed to suffer reprisals. Normally a hero is willing to sacrifice what they have for the good. Here they whine, pout, and stamp not understanding why?

See the West like with God hide behind a higher order. It's not them. It's beyond them that's demanding the "greater good" prevail. But they're the only ones that get to interpret what the "greater good" wants and it happens to be everything a Westerner wants. This is the chorus of the left. Same with the environment. Only they get to interpret what Mother Nature wants. They're no different from when the right hides behind God. And somehow they think the world is not suppose to question them when they speak for someone only they can speak to and no one else...

This is the European Parliament. They cannot propose laws or enact them. This is basically a rubber-stamping organization. They can only veto legislation not propose it. It is known as the place where retired or unwanted EU politicians go for pasture. Only worry if the EU Commission, the European Council (not the Council of Ministers which is another useless thing ), or the large national governments do something concrete.

 

[KYli]

I thought Taiwanese are going to fill the gap. Guess not.

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[Bellum_Romanum]

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A new government video showing a local labour official working a 12-hour shift as a Meituan employee has been making the rounds on Chinese social media, two days after the on-demand delivery giant became the latest target of China’s sweeping campaign to rein in the country’s internet companies.
The two-minute clip, shared by the Beijing Municipal Human Resources and Social Security Bureau’s official Weibo account on Wednesday, featured the deputy director of the bureau’s labour relations division Wang Lin spending a day working as a Meituan delivery driver in the Chinese capital.

 

[siegecrossbow]

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A new government video showing a local labour official working a 12-hour shift as a Meituan employee has been making the rounds on Chinese social media, two days after the on-demand delivery giant became the latest target of China’s sweeping campaign to rein in the country’s internet companies.
The two-minute clip, shared by the Beijing Municipal Human Resources and Social Security Bureau’s official Weibo account on Wednesday, featured the deputy director of the bureau’s labour relations division Wang Lin spending a day working as a Meituan delivery driver in the Chinese capital.

Maybe they should make it mandatory for officials to do such jobs to get a feeling of how most Chinese workers live.

In related news.

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