They can increase gdp by increasing investment in infrastructure bigly just what is happening now, but that's short term solution, with crashing services and consumption and weak industry.
Chinese Economics Thread
- Thread starter Norfolk
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No doubt the small mediu businesses are hard hit. But it would be more fair and objective if the pollster had split those "wait and see" respondents from the "about to close" ones. Combining these two groups into one can exerggerate the situation.
Looks like this was what the author wants to present. It is sentimental at the best.
I post whatever the economic news are. This past month was economically devastating, so naturally I post the news that are, shocking I know, devestasting.
You should contact the State Council and the National Bureau of Statistics of China (NBSC) and request that they stop posting "negative" news then. Dont point your finger at me, instead call at the relevant department and complain if you wish to do so
All economic numbers released are within context and describe their methodology. Again, I am asking you to send a complaint letter if you are so offended by "negative" news and numbers. I can even send you an official address if you wish to do. Every state agency can then process your letter take appropriate measures to take into account your concerns
You should contact your doctor. I don't offer medical advice
A survey is a survey. The link was provided, so you can easily read the article if you want. One survey shows one thing in April, and another survey shows another thing in May. Your attacks and arguments are akin to screaming to the clouds. You could also contact the survey team and ask them to conduct the same survey for this month as well
Unlikely, many elderly refused to move. In addition, the Chinese government could only provide subsided housing for these people. Even though it would cost only 100,000 to 200,000 yuan. But for many rural people, it is still too much. I think the last attempt to do so got backfire and many negative press that the central government decided to postpone any aggressive actions to dismantle these rural outposts for now.
Not even mentioning that you still haven't refuted any of these "bad news". Go and check your own "sources".
The news I post, I also quote straight from official figures.
Tell me if you think this is good or bad news? Also tell me if you think that April was good or sht for the economy? Finally, tell me if you consider these kinds of news "contributing" to the forum or not?
Yes, PMI data are fake as well. Tell me @ZeEa5KPul , is this data fake or real? How about Your Excellency goes to Caixin and the National Bureau of Statistics and educate them on how to release "positive" PMI news?
I think what you are here is not for real news but about spreading lies and fake news. Otherwise, why would someone take offence because "negative" economic news are posted in a forum?
I didn't watch the program and I assume that you had and based your opinion on their opinions. If you and their assumptions are honestly genuine, then China will never will be a threat or a worthy competitor. So US and like-minded partners should be happily vouching for Xi instead of poo pooing China's strategy. So why do you think they are so zealous in constraining China even at the
consequences of seriously harming themselves instead of progressing together? Something doesn't compute.
This must be a love-hate relationship. One side gets the money, the other being attended to. Hate each other, but can't let go yet. And there are going to be more talks I heard.
Damn, the thread got heated when I was gone. But anyways, this negative news should be expected because of lockdowns and external pressure, but it doesn't mean its the end of China nor that they can't do anything to fix it.
So they're doing similar actions to what the finance policies the West did during their pandemic to stimulate the economy during "lockdown", and I think they could get away with it without suffering similar fiscal problems the former has if they execute it correctly. This would help revitalized those SME business that were battered by the lockdowns.
Posting a wide range of news is of course productive for generating discussion, but much of the "news" posted about it in relation to zero covid is now so well treaded, that it is beginning to clog up this thread and using economic news and statistics as a way of trying to promote their own, already well established views of zero covid in isolation.
By incessantly posting those articles either implicitly or explicitly in relation to zero covid, the news is no longer about Chinese economics but about Chinese covid policy.
This isn't a formal warning or anything, but as an observation of the way the direction this thread has headed.
By incessantly posting those articles either implicitly or explicitly in relation to zero covid, the news is no longer about Chinese economics but about Chinese covid policy.
This isn't a formal warning or anything, but as an observation of the way the direction this thread has headed.
Regarding the news from the usual Western sources about the Chinese economy, one propaganda line the evil Western media will always use.
In China, as we know, there are three holiday periods in the year, where everyone gets a week off or something like that.
Those periods are obviously, New Years, May Day for the workers, and October 1 the establishment of the PRC.
Factory production, and those PMI for all sectors, always go down. There is a week long holiday coming. Of course no one in business will stock up in factory inventory.
Yet, that is what we tend to read all the time in the West press. The two weeks before the big holidays in China, the Western media is all over this economy slow down, and bad PMI.
Disinformation.
In China, as we know, there are three holiday periods in the year, where everyone gets a week off or something like that.
Those periods are obviously, New Years, May Day for the workers, and October 1 the establishment of the PRC.
Factory production, and those PMI for all sectors, always go down. There is a week long holiday coming. Of course no one in business will stock up in factory inventory.
Yet, that is what we tend to read all the time in the West press. The two weeks before the big holidays in China, the Western media is all over this economy slow down, and bad PMI.
Disinformation.