Chinese Economics Thread

[Coalescence]

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'Zero Covid' was an initial success but in a time of ever-more transmissable mutations it's a failure. As Darwin said: it's not the strongest, biggest or the fastest who thrive, but those who adapt best.

Lmao at all those people having knee-jerk responses to lockdowns but most of them didn't have the funds or never went through with it. Just like HK, these people might emigrate back later after the situation stabilized. But for sure, China need to change their approach with Covid soon, the current strategy isn't that sustainable anymore, there's a lot of unintended consequences surfacing as a result of it. Hopefully they'll change it by the Congress party in fall or earlier than that.

 

[ZeEa5KPul]

I posted him because he was the author of that Carnegie article who another member posted. I find him a lot in Twitter so people should at least be made aware of his character so that they don't take his "analysis" seriously

Yeah, I didn't see the comment you responded to.

 

[manqiangrexue]

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Xi's clique is sinking.

 

[vincent]

I had an intense online sparring/debating session with this bond-salesman turn "academic" back around 2006 and 2007 when he claimed the Chinese space programme was a waste of money; the value of Beidou, remote sensing & tracking and other spin-off science and technology were completely oblivious to him. God knows why he still sticks around like some venereal disease...

Because no one else wants him

 

[Bellum_Romanum]

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'Zero Covid' was an initial success but in a time of ever-more transmissable mutations it's a failure. As Darwin said: it's not the strongest, biggest or the fastest who thrive, but those who adapt best.

The losers would always seek "greener" pastures elsewhere. But where would these so-called elites go? America? Europe? Would they be treated equitably when the war in Taiwan occurs? Would they be spared from the beat downs, and anti-China/Chinese racism those ignorant idiots would inevitably receive as the rise in tension with China further deteriorates?

Losers would leave their own family members, sell out their own mothers for some convenience. Then I say China isn't really losing quality people. Let those cretins leave. And enough posturing with such nonsense on what China coulda, should have done with respect to it's zero-covid policy. The records of accomplishments with respect to covid-19 speaks for itself and I'll gladly compare China's results to your shining example of countries that only exist in fiction. One MILLION DEATH, high inflation, 58% of the population infected with covid (185 MILLION people) 75% of children don't resemble a picture of success on anyone's metric of success.

 

[visitor123]

The US just had a contraction in Q1. I say we keep covid 0 going to drive up their inflation and force the FED to raise rate which will make the contraction even worse.
As long as our growth rate is positive and inflation low, which will be kept low because they are buying our inflation, we win. Fuck this "win-win" mentality. We will decimate the West if the chance arises. It is now. They are committing economic suicide by banning Russian essential commodity. Let's drive the dagger deeper.

And those Shanghainese refused to lock down when the number were 20. They refused to act until it reached hundreds but somehow it was the fault of the policy? Lock them down. Teach them a lesson. If they leave, turn up tension to drive up racism so those traitors get the shit beat out of them when they arrive in the West.

 

[Rettam Stacf]

I am trying to be argumentative but what is the price for 1-2 million dead 5-10 million crippled people?

Ignore him. He is one of those idiots who think Jilin is the entire China.

Jilin is just one of the 31 provinces and direct administrative regions of China. And in 2021, ranked 26th in GDP. Jilin's quarterly performance is just a blip in China's overall GDP.

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[Chish]

Dont even bother with that doomer. In fact he just complained on Twitter that home prices in China might not rise lol

I swear, I have never ever seen him write anything positive about the Chinese economy. He is the economic version of Gordon Chang

If only he writes unbiased articles, let alone positive ones. But with logic implying "big enterprises make profits then small enterprises and people losses" and vice versa, he is a troll not an economist.
Also proof that China do toterate nagative and wrong opinions within China.

 

[56860]

The US just had a contraction in Q1. I say we keep covid 0 going to drive up their inflation and force the FED to raise rate which will make the contraction even worse.
As long as our growth rate is positive and inflation low, which will be kept low because they are buying our inflation, we win. Fuck this "win-win" mentality. We will decimate the West if the chance arises. It is now. They are committing economic suicide by banning Russian essential commodity. Let's drive the dagger deeper.

And those Shanghainese refused to lock down when the number were 20. They refused to act until it reached hundreds but somehow it was the fault of the policy? Lock them down. Teach them a lesson. If they leave, turn up tension to drive up racism so those traitors get the shit beat out of them when they arrive in the West.

We need to accelerate the trade war. Tariffs on ALL American goods coming into China. If a trade war hurts China by 40% but America by 80%, China must do it. Every. Single. Time.

 

[zgx09t]

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'Zero Covid' was an initial success but in a time of ever-more transmissable mutations it's a failure. As Darwin said: it's not the strongest, biggest or the fastest who thrive, but those who adapt best.

Reality on the ground may beg to differ. Some really smart money have been tracking the mobility, road congestion, registration, etc, across top 50 cities since the first lock-down. It only shows lock downs are targeted, focused in nature throughout the entire time and overall domestic traffic significantly improved since 2021. Even in the current lock down, overall situation is not as bad as media shit-talk them to be. Compare China to anyone in OECD. To shit talk about China zero Covid policy is truly a case of room temperature IQ.