Chinese Economics Thread

[horse]

Sounds like digital land reforms.

What they were doing, restricting user's rights, should be illegal anyways.

Tied selling usually is outlawed.

That is what the government does in Canada.

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[B.I.B.]

Thanks for posting link. But the report is trash. I dont know whether this paper is a reputable paper in OZ. But there's no hard number to work on. So how can she say the Chinese intakes has increased?

A couple of numbers I can pick out.

The percentage of Chinese intake went from 42.6 in 2018 to 42.8 in 2020 of total foreign intakes. Now all th8ngs being equal, yes that's an increase. Bit at the same time? It state that intake from India and Nepal have dropped dramatically. So could this increase be due the share of the total foreign intake

Fair enough but "Last April, the University of Sydney predicted a 17 per cent drop in overseas students and a $470 million loss in 2020. But instead, its international revenue grew last year, and it posted a $100 million profit. Overseas student numbers grew again this year by 32.3 per cent."

Surely that did not all come from staff lay offs and reduced capital spending by the various departments?

 

[Quickie]

Fair enough but "Last April, the University of Sydney predicted a 17 per cent drop in overseas students and a $470 million loss in 2020. But instead, its international revenue grew last year, and it posted a $100 million profit. Overseas student numbers grew again this year by 32.3 per cent."

Surely that did not all come from staff lay offs and reduced capital spending by the various departments?

Hmm...could that be due to part of the 2020 student intake having been delayed to the next year because of the traveling restriction in the pandemic year?

 

[Gatekeeper]

Fair enough but "Last April, the University of Sydney predicted a 17 per cent drop in overseas students and a $470 million loss in 2020. But instead, its international revenue grew last year, and it posted a $100 million profit. Overseas student numbers grew again this year by 32.3 per cent."

Surely that did not all come from staff lay offs and reduced capital spending by the various departments?

Impossible to compare with limited numbers. In any case these wasn't the numbers the writers of that article cited. Was it?

I'm minded to see why an organisation predicted a loss of students intakes and revenue loss on the year in question when this should have been forcasted a year earlier, not a third of the year in. Presumably it is for the 2020-21 intakes.

In addition, due to covid, government subsidise were abound. And this helps with reporting finacial figures.

But I'm speculating , because I don't have to hands all the numbers. All I know is, as a chartered accountant. I would be embarrassed to have my forecast to be so far out from the results, particularly within the same year!

 

[Gatekeeper]

The following is said to be found on the wall on Huawei's staff canteen. The fighting spirit of a 16 year old soldier in WWII.

Apologies in Chinese only. But I'm sure you guys have translation on your phone's and computers.

华为食堂门口的一张海报！试问如何不催泪，不爱国！

二战期间，美国记者拦住一名奔赴前线的士兵。

美国记者：你多大了？
中国士兵：16岁。

美国记者：想你的家人吗？
中国士兵：他们已经死了。

美国记者：你觉得中国能胜利吗？
中国士兵：中国一定会胜利的！

美国记者：当中国胜利之后，你准备干什么？娶妻生子？还是继续参军？
中国士兵笑了笑：那时候，我已经战死沙场。

太感人，太伟大了！16岁，还是孩子，在全家只剩一人的情况下，毅然决然上前线！这种必胜的信念，这样义无反顾的精神，怎能不让人泪目！

华为为何在食堂贴这么一张海报？这正是华为的伟大之处！为了国家与民族大义，哪怕前人倒下，后人也要再接再厉，绝不退缩、绝不屈服！
.

 

[Petrolicious88]

Sounds like digital land reforms.

Very good for future competition.

 

[DarkStar]

The following is said to be found on the wall on Huawei's staff canteen. The fighting spirit of a 16 year old soldier in WWII.

Apologies in Chinese only. But I'm sure you guys have translation on your phone's and computers.

华为食堂门口的一张海报！试问如何不催泪，不爱国！

二战期间，美国记者拦住一名奔赴前线的士兵。

美国记者：你多大了？
中国士兵：16岁。

美国记者：想你的家人吗？
中国士兵：他们已经死了。

美国记者：你觉得中国能胜利吗？
中国士兵：中国一定会胜利的！

美国记者：当中国胜利之后，你准备干什么？娶妻生子？还是继续参军？
中国士兵笑了笑：那时候，我已经战死沙场。

太感人，太伟大了！16岁，还是孩子，在全家只剩一人的情况下，毅然决然上前线！这种必胜的信念，这样义无反顾的精神，怎能不让人泪目！

华为为何在食堂贴这么一张海报？这正是华为的伟大之处！为了国家与民族大义，哪怕前人倒下，后人也要再接再厉，绝不退缩、绝不屈服！
View attachment 77076.

No wonder the anglos wanted to force Huawei to become a publicly listed company so that they could own it; Huawei is a symbol of China's renaissance and the anglos want to own and commoditise China as they have done for all cultures around the world.

 

[Hendrik_2000]

Not only Taiwan but basically overseas Chinese investment thru Honkong are responsible for transformation of China into Export juggernaut Because from late 60's to until now overseas Chinese is still the biggest investor in China . But Taiwan do has a special role namely she bring technology to China starting with manufacturing of pot and pan latter it is consumer electronic then computer and so on

 

[PUFF_DRAGON]

So they are accepting investment from Chinese investors? They are not investing their own money in China?

Perhaps we will open up but i can't see Chinese students coming here in the same numbers as was the case pre-COVID. A lot of Australian 1%ers have money riding on good economic relations with China but have had to defer to the natsec establishment, much as is the case in the US, except for the fact that australia is a complete CIA satrapy.

hollywood is between a rock and a hard place; either they keep pushing CIA acceptable anti asian propaganda or lose the Chinese market since i can imagine the new Chinese directives on positive masculine role models are going to take a dim view of Hollywood portrayals of Asian men.

The Anglos have lusted for Chinese money and the Chinese market, at least Chinese investors will be putting money back into China as per Blackrock "expertise", if they fail to perform other competing Chinese wealth management firms are more than happy to feast on their carcass.

Uh that's literally Black Rock's business model in the west too.
They are a fiduciary money manager. As in they manage other people's money and get commission if they do well.

 

[DarkStar]

Uh that's literally Black Rock's business model in the west too.
They are a fiduciary money manager. As in they manage other people's money and get commission if they do well.

Uh difference is that they're beholden now to Chinese laws as opposed to being the financial plutarchs in the West who are above the law; if they break Chinese laws, the MSS can and will come for them and their assets and i doubt Blackrock/Goldman Sachs et al is going to sacrifice its Chinese business because the USG orders it to pull a Meng wenzhou.
I didn't think i had to elaborate.