Chinese Economics Thread

[Dolcevita]

View attachment 79703

You know sometimes when you watch Chinese TV dramas sometimes the stylist dresses businessmen in waistcoats and it always looks extremely stylish on Chinese men.

The waistcoat goes extremely well with Asian body type, more than with Caucasian type. It neutralizes the bad aspects and accentuates the good aspects. Ie makes your Asian shoulders look broader, make your torso less long looking (since Asians have much longer torsos than Caucasians and Africans), goes well with our generally wide faces, and balances out your torso with the legs. It's a pity only Koreans wear waistcoats often, but of course that's why Koreans these days look so stylish.

Are you saying the my country's body type is FAT?

 

[Topazchen]

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[antiterror13]

Are you saying the my country's body type is FAT?

yeapp, FAT32

 

[TK3600]

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This is why I'm amazed when people tell me that Russia is just waiting for an opportunity to backstab. China and Russia no longer have any territorial issues and share similar values.

How is japan more expressive than central europe?

 

[FairAndUnbiased]

How is japan more expressive than central europe?

ask the German researchers that did it.

 

[Dolcevita]

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[Hadoren]

I saw this graph. Does anybody understand what these reserve ratios are?

From my understanding, banks in China require certain reserve ratios. You can loosen/stimulate by decreasing the reserve ratio.

My question is - why are these reserve ratios always decreasing? Shouldn't the reserve ratio be increasing sometimes, when you want to deleverage and so forth?

 

[Overbom]

I saw this graph. Does anybody understand what these reserve ratios are?

From my understanding, banks in China require certain reserve ratios. You can loosen/stimulate by decreasing the reserve ratio.

My question is - why are these reserve ratios always decreasing? Shouldn't the reserve ratio be increasing sometimes, when you want to deleverage and so forth?

2015 was the stock crash. It was quite a big deal then
2017+ was the trade war.
2020+ was the pandemic

I am actually surprised that the RRR has remained so stable during the pandemic.
Anyway, with these 3 big developments it is justifiable that China cut its RRR

They are cutting it again due to the more than expected slowing down in the property sector. The policies for deleveraging the sector seem to have overshoot and there is a need to correct, otherwise the gdp growth (+ local gov tax revenues) would be overly affected

 

[LesAdieux]

I saw this graph. Does anybody understand what these reserve ratios are?

From my understanding, banks in China require certain reserve ratios. You can loosen/stimulate by decreasing the reserve ratio.

My question is - why are these reserve ratios always decreasing? Shouldn't the reserve ratio be increasing sometimes, when you want to deleverage and so forth?

it's a question of money supply. in recent years, PBoC cuts RRR twice a year to maintain the money supply at a rate = GDP growth rate + CPI + 2%

since China is still using forex to create money supply, and forex growth alone is not enough now, PBoC need to cut RRR from time to time.

 

[Xizor]

China need to kick out these undesirable foreigners that don’t respect China. The same policy that’s used against companies and countries that don’t respect China.

???

The number of immigrants in US or EU that hate US or EU is probably higher than those in China. There are people from Middle East and SA ( who believe US has destroyed their country, rightfully) hate the US while living there. Same with Turks who live in Germany and France ( I know some). The Algerians in France mumble that they hate France for what it did but then go along.

The point is - China must realize that if the Chinese citizens are devoted and patriotic, nothing can affect it. Immigrants will become closet haters. And they'll pass away as closet haters - fleas on a hippopotamus.