Chinese Economics Thread

56860

Senior Member
Registered Member
Heck even HK neighboring city Shenzhen is bigger and has more potential for economic growth than Hong Kong. The only thing HK has going is it's location and beautiful skyline settings with the mountains and Victoria Bay.
I remember reading headlines in 2018 that Shenzhen had surpassed HK in GDP. The latest figures I can dig up put Shenzhen at 486m to Hong Kong at 369m USD. I mean I knew SZ was one of my fastest growing mainland cities but that is a scary amount of growth in such a short period of time.

Also surprised to see Guangzhou and Chongqing have clearly surpassed HK. Suzhou will definitely surpass HK this year. From the looks of things, by 2030 HK will likely slip out of the top 10.
 

j17wang

Senior Member
Registered Member
For practical reasons I would like them to be excluded.

Mainland follows its own economic policies and laws. To have a clear picture of what's the economic condition of the Mainland its better that we keep its economic data separated from HK and Macau.

And a small bonus, it makes the West underestimate China's economy by not including HK + Macau.

HK and Macau are technically run under independent monetary, taxation, and other business law policies. Including HK and Macau data would have no relevance.
 

Tyler

Captain
Registered Member
Look at the market cap and trade volume for Shanghai, HK and Shenzhen stock exchanges.
Shanghai and Shenzhen stock exchanges are still not as internationalized as Hong Kong stock exchange. That is why Alibaba and Tencent are listed in Hong Kong.
 

ansy1968

Brigadier
Registered Member
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The US increasingly sees China's Yuan as a competitor to its USD and ability to fund ballooning trade deficits; we're going to see more US carrier groups in the Asia-Pacific in order to instigate fear and chaos in Asia and hopefully bring capital back to the US
@Vatt’ghern bro are they coming back home, is the US a safe heaven? with stagflation and possible recession If you're an investor will you put your money on an inflated stock market or go for a tangible asset like gold?
 
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