Chinese Economics Thread

Hendrik_2000

Hendrik_2000

Lieutenant General
China increase oil output in Junggar basin

Mega oilfield in Xinjiang increases output
4,091 views

Aug 14, 2021
A mega oilfield in China's Xinjiang has increased output. The Mahu Oilfield in the Junggar Basin has an aggregate output of 1.45 million tonnes of crude oil so far this year

 
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sndef888

Captain
Registered Member
Seems like western outlets are freaking out over China's july economic figures missing expectations

Anybody knows whether it's anything to worry about?
 
Xizor

Xizor

Captain
Registered Member
sndef888 said:
Seems like western outlets are freaking out over China's july economic figures missing expectations

Anybody knows whether it's anything to worry about?
Click to expand...
A consequence of lockdowns and restrictions kicking back. From July, the average numbers started to breach 400 mark. Expect August and September to fizzle out too.

Nothing bad. I care only for the success of ' Zero Covid ' program. It's not as if China is having a recession.
 
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