Chinese Economics Thread

[56860]

Biden is about to surrender

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US throws in the towel.

 

[FriedRiceNSpice]

No it depends, if the buyback was to cancel the stock, then it's price neutral. It would be a return of cash to shareholders and shrinks the company. Hopefully they didn't do this type of buyback.


You are over thinking it, it's the brain drain, China pays too little. Just check

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to see what Silicon Valley is paying, easy 3x to 10x+ what China is paying.

FANG is full of second tier talent from China that couldn't find top-tier jobs in China. Those meaningless numbers on levels.fyi mean jack shit.

The are huge differences in cost of living, average salary, and available labor pool of skilled engineers between China/US.

 

[KYli]

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[dfrtyhgj]

FANG is full of second tier talent from China that couldn't find top-tier jobs in China. Those meaningless numbers on levels.fyi mean jack shit.

The are huge differences in cost of living, average salary, and available labor pool of skilled engineers between China/US.

It is what it is, top talents seek top pays. China got to pay better (or drop the dollar peg).

 

[Tyler]

It is what it is, top talents seek top pays. China got to pay better (or drop the dollar peg).

Just hike the rmb so that Chinese pay goes up relatively.

 

[LCR34]

Just hike the rmb so that Chinese pay goes up relatively.

Hiking RMB has much more consequences to deal with.

 

[Coalescence]

Just hike the rmb so that Chinese pay goes up relatively.

As China moves to a higher-value added economy, they will. We're still at a early transition phase. Hiking it now too fast is not a good a idea.

 

[winword]

Hiking RMB has much more consequences to deal with.

I saw posts like this (and about mRNA) from him every day, you will get used to it as well.

 

[Tam]

There is strong pressure for the Yuan to go upward, thanks to the Russian-Ukrainian war, and the inflation you are seeing in the West. To weaken the Yuan, you will have to print money, which increases domestic inflation, or you have to drop interest rates, which although might be stimulating the economy, comes badly at a time when China is trying to make the economy learn how to tighten its belt, consolidate and correct the excesses of its earlier boom years. Lowering the interest rates may also trigger more inflation. In the meantime, Europe, as a declining manufacturing power on its own, is not helping, as they are going to order more and more China stuff, tilting even more the balance of trade.

 

[vincent]

There is strong pressure for the Yuan to go upward, thanks to the Russian-Ukrainian war, and the inflation you are seeing in the West. To weaken the Yuan, you will have to print money, which increases domestic inflation, or you have to drop interest rates, which although might be stimulating the economy, comes badly at a time when China is trying to make the economy learn how to tighten its belt, consolidate and correct the excesses of its earlier boom years. Lowering the interest rates may also trigger more inflation. In the meantime, Europe, as a declining manufacturing power on its own, is not helping, as they are going to order more and more China stuff, tilting even more the balance of trade.

Print more RMB and give them out as currency swaps, make other countries use RMB to buy stuffs from China