Chinese Economics Thread

[Tyler]

They are by enforcing the "choose only one"(made up name) merchant method where they force restaurants to sell exclusively to their company if they want to enter their sellers network. This is a blatant anti-competitive method.

Plus Ele.me is also anti-competitive and it was also summoned by the regulators for this matter if I am.not wrong?

And they are also blocking small competitors from showing up. Only big companies backed by Alibaba can compete with it. Its more like a duopoly

They still have ride hailing service didi chuxing which also offer food delivery services. Huawei, Xiaomi, jd.com, pinduoduo and baidu also provide food delivery using drones.

 

[voyager1]

Foreign investors voting with their money on China

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A recent survey by the Ministry of Commerce (MOC) shows that 96.4 percent of foreign-invested enterprises are optimistic about their business prospects in China.

Foreign direct investment (FDI) into the Chinese mainland surged 39.9 percent year on year in actual use to 302.47 billion yuan (about 46.74 billion U.S. dollars) in the first quarter, he said, adding that the figure rose 24.8 percent from the same period of 2019.

yep China is making bank..

 

[Hendrik_2000]

Grain independent is very important to China They give various subsidy to farmer to grow grain. But this year for first time China increase subsidy to buy grain planting machinery . They try to increase mechanization in Chinese country side
The spring sowing is in full swing in China's major grain production areas, and mechanized farming is advancing.

 

[Team Blue]

See this is what happens when you let Xi Jinping visit Iowa in 1985.

 

[sndef888]

Grain independent is very important to China They give various subsidy to farmer to grow grain. But this year for first time China increase subsidy to buy grain planting machinery . They try to increase mechanization in Chinese country side
The spring sowing is in full swing in China's major grain production areas, and mechanized farming is advancing.

They really need to reorganise agricultural land. China's small villages haphazardly dotting the land are the biggest obstacle to large scale farming.

Some parts of Indonesia, Malaysia, Thailand have done this very well. They have nice open plots of agricultural land, rural houses confined to directly beside main roads and well located, spaced out towns.

 

[Deleted member 15887]

Vaccination Update: China hits a quarter-billion vaccine doses administered; daily vaccination rate nearly 10 million vaccine doses/day, 4 times as much the the current US rate.

 

[Hendrik_2000]

They really need to reorganise agricultural land. China's small villages haphazardly dotting the land are the biggest obstacle to large scale farming.

Some parts of Indonesia, Malaysia, Thailand have done this very well. They have nice open plots of agricultural land, rural houses confined to directly beside main roads and well located, spaced out towns.

It is already done Now farmer can lease their land to corporation and they receive rent and dividend along with employment opportunity. The problem is farmer cannot sell their land or use it as collateral But that is the basic tenet of Chinese social ideology that land belong to the government and farmer has the right on it.

The purpose of land lease it exactly to allow unproductive land(abandoned) to once again productive by expert company running it

 

[siegecrossbow]

See this is what happens when you let Xi Jinping visit Iowa in 1985.

Who is the guy in the chokehold?

 

[Deleted member 15887]

See this is what happens when you let Xi Jinping visit Iowa in 1985.

The problem is places like Iowa are very flat, while much of southern China is extremely mountainous. As such, its more challenging to mechanize production for rice fields, especially for terraced rice fields. Ultimately, I think the central government will have to prepare for the possibility of transforming the Taklamakan Desert into a wide expanse of crop fields, just like what the Americans did to California, as well as aquaponic farming, to guarantee food security.

 

[sndef888]

It is already done Now farmer can lease their land to corporation and they receive rent and dividend along with employment opportunity. The problem is farmer cannot sell their land or use it as collateral But that is the basic tenet of Chinese social ideology that land belong to the government and farmer has the right on it.

The purpose of land lease it exactly to allow unproductive land(abandoned) to once again productive by expert company running it

It does help by combining unproductive small plots into large plots, but it still reaches an upper limit because the houses (with crappy locations) still remain. Most of the farmers are not actually relocated because its too expensive to give them new ones

Last I've heard, there has been some relocation going on, but only for the larger farmhouses

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The problem is places like Iowa are very flat, while much of southern China is extremely mountainous. As such, its more challenging to mechanize production for rice fields, especially for terraced rice fields. Ultimately, I think the central government will have to prepare for the possibility of transforming the Taklamakan Desert into a wide expanse of crop fields, just like what the Americans did to California, as well as aquaponic farming, to guarantee food security.

I've heard rumblings about this before called the Red Flag River, which will direct water from Tibet into Xinjiang. But it still remains mostly a fantasy. If it ever happened it would probably be seen as the Great Wall of this era.