Chinese Economics Thread

gelgoog

Lieutenant General
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Gazprom and Mongolian Government discuss progress of feasibility study for Soyuz Vostok gas pipeline project​

October 22, 2021, 20:45

A meeting of the joint working group of Gazprom and the Government of Mongolia on the implementation of the Memorandum of Understanding regarding the project for pipeline gas supplies from Russia to China across Mongolia took place today in Ulan-Bator, Mongolia.
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The parties discussed the progress of the feasibility study for the Soyuz Vostok gas pipeline project and heard a briefing on its preliminary results.
It was noted that the Government of Mongolia has already taken a number of measures to provide the project with state support. These include quotas for the hiring of foreign labor by the Gazoprovod Soyuz Vostok special-purpose vehicle, as well as the possibilities of using the regulatory frameworks of Russia and Gazprom during design and construction. In addition, the Mongolian Government has made a decision in principle to reserve land plots for the facilities of the gas pipeline.
Thus far, Mongolian contractors have completed in due time the required on-site surveys, engineering & environmental mapping, and route analysis for the gas pipeline, including its crossing points with the existing utilities.
The meeting participants agreed upon the routing plan proposed by the special-purpose vehicle for use during the development of the feasibility study.

Background​

On December 5, 2019, Gazprom and the Government of Mongolia signed a Memorandum of Understanding. The document provides for a joint assessment of the feasibility of the project for pipeline gas supplies from Russia to China across Mongolia.

In April 2021, the feasibility analysis regarding the construction project for the Soyuz Vostok gas trunkline was approved. The Soyuz Vostok gas pipeline will become an extension of Russia’s Power of Siberia 2 gas pipeline in Mongolian territory.


In the course of the feasibility analysis, the basic technical and technological parameters of the project were established. These include the optimal route for the gas pipeline in Mongolian territory, the pipeline’s length and diameter, the working pressure, and the number of compressor stations.

The feasibility study regarding the construction project for the Soyuz Vostok gas trunkline includes a detailed breakdown of the associated investment and operating costs. The study is being prepared by the Gazoprovod Soyuz Vostok special-purpose vehicle.
 

Orthan

Senior Member
They say this payment is a surprise. I wonder if the money came from evergrande or if it came from the "national team"
Holy based. Pay up
if the chinese government is now saying to Hui that he should pay evergrande debts from its own personnel wealth, it raises furter suspicions about who paid that bond interest on october 21, IMO.

they could be prioritizing offshore debt holders instead because the domestic ones are easier to acept restructuring (or other schemes) of their debt holdings, and also wanting to project an image of china being an investable market.

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Yep. The chinese government seem to be heading that direction.
 

JSL

Junior Member
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Look at what Chinese movie have caused on Wikipedia again. This time white trolls, indian trolls, WanWan trolls all quacking on the editing section and revert section. :rolleyes: :p :eek:

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Chinese movie "The Battle at Lake Changjin" has officially became the Number 1 movie in the world and Number 1 none English movie in the world and that caused Hollywood to be sh!tting bricks now also countless trolls, trolling on Wikepedia.

:D:cool:
 

j17wang

Senior Member
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Look at what Chinese movie have caused on Wikipedia again. This time white trolls, indian trolls, WanWan trolls all quacking on the editing section and revert section. :rolleyes: :p :eek:

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Chinese movie "The Battle at Lake Changjin" has officially became the Number 1 movie in the world and Number 1 none English movie in the world and that caused Hollywood to be sh!tting bricks now also countless trolls, trolling on Wikepedia.

:D:cool:

You know what's propaganda?

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Literally whitewashes the death of 600,000 innocent Iraqis on a lie of weapons of mass destruction. One day, the righteous nations of the middle east will rain just vengeance on America.
 

el pueblo unido

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You know what's propaganda?

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Literally whitewashes the death of 600,000 innocent Iraqis on a lie of weapons of mass destruction. One day, the righteous nations of the middle east will rain just vengeance on America.
Although this is not a movie thread, but I gotta say, whenever american is attempting to hide something negative regarding their system, they filmed a positive movie about it, and in-plant the positive idea or image of a very terrible situation into the audience, movies like the "Sand Castle" for example, building imaginary water towers for the Iraqi with tax payer movie :rolleyes:
 

FairAndUnbiased

Brigadier
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China is accelerating investment to the new energy sector.

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It seems that the NEA has learnt is lesson from the rare public reprimand it got, earlier this year

Energy technology and transportation are relatively mature fields near thermodynamic limits. That means that fully understanding proven, known science is the key, rather than desperate gambles.
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,
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,
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, hydro, coal gasification/liquefaction, etc. are the way to go. These are still very high tech, but based on known (or at least knowable unknown) science and engineering.

Staying sane and away from value destroying fakes is key. A bad fake path can waste decades and huge % of GDP. We can see this somewhere...
 

Jiang ZeminFanboy

Senior Member
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Some good news on the front of deflating the property bubble:
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It's funny to me that Nikkei says that it was "unexpected" when the reason behind the school district expansion was precisely to deflate the property prices...
The reform should be more expanded than now. If we still stay with hukou (later needs to be deleted) then if your child lives in Shenzhen that's enough to go to good school. Just exams nothing more. Destroy ELITISM! In Cracow only exams for public schools. Private school also need a tuition and exams.
 

Overbom

Brigadier
Registered Member
The reform should be more expanded than now. If we still stay with hukou (later needs to be deleted) then if your child lives in Shenzhen that's enough to go to good school. Just exams nothing more. Destroy ELITISM! In Cracow only exams for public schools. Private school also need a tuition and exams.
AFAIK all cities with >1m and <3m population must abolish all Hukou restrictions by the end of this year and treat Hukou workers the same as local people on their policies

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Strangelove

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China has dramatically ramped up coal imports from Russia to compensate for shortages caused by the ongoing trade row with Australia, once the country’s biggest coal supplier.

According to customs data, China’s coal imports surged 76% in September compared to the same period a year ago, and totaled 32.9 million tons. Much of the coal came from Russia and Indonesia.

In September, the nation purchased some 3.7 million tons of thermal coal from Russia, marking 28% growth versus the previous month and a 230% increase year-over-year.

Chinese imports of Russian coal have surged every month since May, either doubling or tripling from 2020 levels. The monthly figures to the current year also remain well above pre-pandemic levels.

China’s economy crucially depends on coal as one of the ways to generate power. The mounting shortage of coal supplies prompted power cuts across 20 Chinese provinces earlier this year. At the same time, Beijing is seeking to drastically cut emissions, while manufacturing demand keeps growing as a result of the post-pandemic reopening of major economies.

China halted purchases of coal from Australia in late 2020, after Canberra backed a US call for an international probe into Beijing’s alleged role in the Covid-19 outbreak. Imports of thermal coal from Australia remained zero, according to the customs agency’s data.
 
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