Chinese Economics Thread

X

xypher

Senior Member
Registered Member
Franklin said:
The power shortage in China has many reasons and the emissions targets is the lease of them. Its a combination of a booming economy and drier weather that is hampering hydro-electricity generation and not allowing electricity to be sold at market prices. Its the last one that is the most damaging. Coal prices went up more than 100% from a year earlier and China hasn't allowed the power companies to rais prices. Therefor power companies are rationing production to reduce losses. Whenever you sell something below market prices there will be shortages. Then there is the trade war with Australia which also has help to worsen the situation. Australian coal wouldn't prevent the power shortages but it would have helped.

As long as China doesn't allow electricity prices to reflect market conditions there will be shortages.
Click to expand...
As far as I know, the imported Australian coal is coking coal, i.e. it is used for steel production, not energy generation. Agreed about the energy prices.
 
P

pmc

Major
Registered Member
tonyget said:
Please, Log in or Register to view URLs content!
Click to expand...
Europeans firms will not leave China but Asians firms will leave Europe.
If Asian firms still want to invest in Europe they can send parts from Asia for final assembly in Europe.
they made this logistic firm.
Please, Log in or Register to view URLs content!
further transportation routes are built for Asians to sell to Europe. Japan and Korea understand it. I think Japanese have already left. Koreans have some auto and battery plants left europe but they will become uncompetitive with time.
The foundation of current situation was laid out years ago. smart people can invest accordingly. BRI success is byproduct of these complex strategies that was created by Russia.

Please, Log in or Register to view URLs content!
Please, Log in or Register to view URLs content!
 
B

Bob Smith

Junior Member
Registered Member
Maikeru said:
Discusses whether China can overtake USA economically and militarily:


TL/dw: No.
Click to expand...
VisualPolitik's popularity has gone way down since they replaced Simon as a host looking at the view count of their most recent videos. Having said that, their videos in the past when I watched were littered with errors in each video. I doubt their standards have changed much.
 
bajingan

bajingan

Senior Member
Maikeru said:
Discusses whether China can overtake USA economically and militarily:


TL/dw: No.
Click to expand...
Lol China already passed us gdp ppp (measurements that matters) long time ago
Militarily just having strong enough navy to prevent interference in scs and taiwan, and having enough nukes to ensure MAD, thats all China needs
Having bloated military with countless overseas bases while your infrastructure and healthcare is crumbling is a path to soviet union style collapse
 
Last edited:
You must log in or register to reply here.
Top