Equation
Lieutenant General
A lot of those government debts are more domestic debts than say foreign ones. Japan has a huge domestic debt about 900% compare to their GDP and I don't see anyone predicting a collapse of a the Japanese banks.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
A lot of those government debts are more domestic debts than say foreign ones. Japan has a huge domestic debt about 900% compare to their GDP and I don't see anyone predicting a collapse of a the Japanese banks.
bladerunner
Banned Idiot
Ummmmm Im not sure how you arrived at that. I thought it seemed rather high so when I checked, the linked mentioned it as being 229% of GDP gross or 128.7%nett.
, by Mandy Zuo, The South China Morning Post, 29 April, 2012:
Big problem. More at the link.
, Caijing Magazine, 28 April, 2012:
, Caijing Magazine, 27 April, 2012:
Given current conditions, this is could be a tough go. Pressures within China's domestic economy must really be building up.
, by Lan Lan, China Securities Journal, 26 April, 2012:
, by Tuo Yannan and Wang Xiaotian, China Securities Journal, 26 April, 2012:
and:
, Xinhua via China Securities Journal, 27 April, 2012.
, by Mei Xinyu, China Securities Journal, 27 April, 2012:
, by Hu Yinan, Fu Jing, and Zhou Wa, China Securities Journal, 27 April, 2012:
With the condition of the global economy being what it is at present and for the foreseeable future, export-till-you-drop and beggar-thy-neighbour appear to be the only economic policies in town.
Big problem. More at the link.
, Caijing Magazine, 28 April, 2012:
, Caijing Magazine, 27 April, 2012:
Given current conditions, this is could be a tough go. Pressures within China's domestic economy must really be building up.
, by Lan Lan, China Securities Journal, 26 April, 2012:
, by Tuo Yannan and Wang Xiaotian, China Securities Journal, 26 April, 2012:
and:
, Xinhua via China Securities Journal, 27 April, 2012.
, by Mei Xinyu, China Securities Journal, 27 April, 2012:
, by Hu Yinan, Fu Jing, and Zhou Wa, China Securities Journal, 27 April, 2012:
With the condition of the global economy being what it is at present and for the foreseeable future, export-till-you-drop and beggar-thy-neighbour appear to be the only economic policies in town.
bladerunner
Banned Idiot
Hmmmm..... Trade wars on the Horizon?
Currency wars too, and who knows what else. Kind of underway already for awhile.
bladerunner
Banned Idiot
Unfortunately I lost the site and I cant remember the guys name . Hes recently been promoting a book (forgotten its name)with more pain on the World Financial markets with increasing interest rates rising to double digits in the near future. His book supposedly provides ideas on how to protect ones wealth under these situations. His claim to fame is that he predicted the 2008 financial meltdown.
Can you see interest rates rising to 15%,20%,25% and more in the next couple of years?
Chinese Locomotive Manufacturers growing robustly.
Chinese train-maker secures Malaysia light-rail order
27 April 2012
By William Dennis and Lorna Sharpe
China’s CSR Zhuzhou Electric Locomotive Co has seen off international competition to win a $174 million train contract in Malaysia.
Prasana Negara Berhad, the Malaysian government-backed transport company, has ordered 20 sets of six-car light rail vehicles for the extension of the Ampang LRT (light rapid transit) line and the new Putra Heights suburb line serving Kuala Lumpur.
The trains will be delivered in 2015 and 2016.
CSR Zhuzhou beat favourite Bombardier Transportation-Scomi Rail Berhad and four other companies from Korea, China, Spain and Romania for the deal.
Trains currently used on the LRT lines in Kuala Lumpur were supplied by Bombardier.
The Ampang Line contract is CSR Zhuzhou's second in Malaysia.
The company is currently supplying 38 sets of six-car electric multiple units for the government railway company Keretapi Tanah Melayu (KTM) under a $600 million contract placed by the Ministry of Transport in 2010.
These trains are replacing existing vehicles and increasing capacity on KTM’s commuter services in the Klang Valley covering the major cities of Kuala Lumpur, Petaling Jaya, Klang, Shah Alam and Rawang.
They can travel at 140km/h and carry up to 1,200 people.
A technical expert at CSR Zhuzhou said the Ampang Line trains will have a maximum design load of 1,308 passengers, a speed of 80km/h and a minimum turning radius of 40m, and will be fitted with a specially designed hydraulic braking system.
To cope with the steep slopes and tight curves on the route, they will incorporate technology that has already been applied and verified on light rail vehicles in Izmir, Turkey.
Taking account of Malaysia’s tropical marine climate, anti-corrosion and dehumidification treatment will be applied to all components and equipment, the spokesman said.
Under the terms of the contract, some of the trains will be assembled locally at a new manufacturing plant in the northern state of Perak.
CSR Zhuzhou official Chen Jie said the company plans to use Malaysia as a hub to expand its business in the ASEAN region, which comprises the ten nations of Thailand, Myanmar, Vietnam, Singapore, Laos, Cambodia, Indonesia, Malaysia, Brunei and the Philippines.
---------- Post added at 08:33 PM ---------- Previous post was at 08:29 PM ----------
April 24, 2012
SCT Logistics says it is ‘humbled’ by the noise, ride and speed performance of its six new China Southern Rail (CSR)locomotives.
Managing Director Geoff Smith says the rail operator conceived and specified the locomotives to be more flexible and efficient and give the rail operator an advantage in the very competitive freight industry.
Built by CSR, China’s leading rail manufacturer, the locomotives meet strict Australian standards and European Stage IIIA Emission Standards.
The new locomotives represent the first non American powered heavy haul locomotives to enter Australia.
“American technology has always dominated the Australian freight rail industry,” Smith says.
“However one of the issues we now face is that the average age of the fleets that operate across Australia is nearly 30 years old with most not conforming to current standards, especially 21st century emission standards.”
According to SCT, the new locomotives emit less carbon than any other locomotives in Australia and will set a new benchmark for the Australian rail industry moving forward.
“CSR was looking to build a locomotive that incorporated all the latest features and powered the locos with the well respected German MTU engine,” adds SCT General Manager Rail Noel Ramsey.
The MTU engine is over 4200 HP and with its advanced design will ensure significant fuel savings.
SCT has been rigorously testing the locomotives with CSR.
With isolated driving cabs, a proven bogie configuration and extensive design solutions to minimize noise and vibration, the CSR locomotive has comfortably demonstrated compliance to the stringent Australian Rail Codes when tested at 130 plus kph on the test track north of Port Augusta.
“Contrary to all the sceptics that considered that the Chinese could not produce a locomotive that could match the capability of other locomotives used in the Australian market, the CSR locomotive has already proven itself by hauling one on the biggest iron ore trains from Port Augusta to Adelaide on the 7th of March 2012,” Geoff Smith says.
SCT will have itsfull fleet up and running by June 2012.
---------- Post added at 08:35 PM ---------- Previous post was at 08:33 PM ----------
Updated: 2012-04-24 09:49
BEIJING - A Chinese locomotive maker announced on Monday it has exported two electric locomotives to Belarus, marking the first time China-made freight locomotives have been exported to Europe.
Datong Electric Locomotive Co Ltd (DEC), a subsidiary of China North Locomotive and Rolling Corp Ltd, said the event also represented the first export of China's high-power electric locomotives overseas.
In 2010, DEC won a bid to provide 12 electric locomotives to Belarus. They are all set to be delivered this year. Designed to reach a speed of 120 km per hour, the locomotives will be used for freight transportation.
Chinese train-maker secures Malaysia light-rail order
27 April 2012
By William Dennis and Lorna Sharpe
China’s CSR Zhuzhou Electric Locomotive Co has seen off international competition to win a $174 million train contract in Malaysia.
Prasana Negara Berhad, the Malaysian government-backed transport company, has ordered 20 sets of six-car light rail vehicles for the extension of the Ampang LRT (light rapid transit) line and the new Putra Heights suburb line serving Kuala Lumpur.
The trains will be delivered in 2015 and 2016.
CSR Zhuzhou beat favourite Bombardier Transportation-Scomi Rail Berhad and four other companies from Korea, China, Spain and Romania for the deal.
Trains currently used on the LRT lines in Kuala Lumpur were supplied by Bombardier.
The Ampang Line contract is CSR Zhuzhou's second in Malaysia.
The company is currently supplying 38 sets of six-car electric multiple units for the government railway company Keretapi Tanah Melayu (KTM) under a $600 million contract placed by the Ministry of Transport in 2010.
These trains are replacing existing vehicles and increasing capacity on KTM’s commuter services in the Klang Valley covering the major cities of Kuala Lumpur, Petaling Jaya, Klang, Shah Alam and Rawang.
They can travel at 140km/h and carry up to 1,200 people.
A technical expert at CSR Zhuzhou said the Ampang Line trains will have a maximum design load of 1,308 passengers, a speed of 80km/h and a minimum turning radius of 40m, and will be fitted with a specially designed hydraulic braking system.
To cope with the steep slopes and tight curves on the route, they will incorporate technology that has already been applied and verified on light rail vehicles in Izmir, Turkey.
Taking account of Malaysia’s tropical marine climate, anti-corrosion and dehumidification treatment will be applied to all components and equipment, the spokesman said.
Under the terms of the contract, some of the trains will be assembled locally at a new manufacturing plant in the northern state of Perak.
CSR Zhuzhou official Chen Jie said the company plans to use Malaysia as a hub to expand its business in the ASEAN region, which comprises the ten nations of Thailand, Myanmar, Vietnam, Singapore, Laos, Cambodia, Indonesia, Malaysia, Brunei and the Philippines.
---------- Post added at 08:33 PM ---------- Previous post was at 08:29 PM ----------
April 24, 2012
SCT Logistics says it is ‘humbled’ by the noise, ride and speed performance of its six new China Southern Rail (CSR)locomotives.
Managing Director Geoff Smith says the rail operator conceived and specified the locomotives to be more flexible and efficient and give the rail operator an advantage in the very competitive freight industry.
Built by CSR, China’s leading rail manufacturer, the locomotives meet strict Australian standards and European Stage IIIA Emission Standards.
The new locomotives represent the first non American powered heavy haul locomotives to enter Australia.
“American technology has always dominated the Australian freight rail industry,” Smith says.
“However one of the issues we now face is that the average age of the fleets that operate across Australia is nearly 30 years old with most not conforming to current standards, especially 21st century emission standards.”
According to SCT, the new locomotives emit less carbon than any other locomotives in Australia and will set a new benchmark for the Australian rail industry moving forward.
“CSR was looking to build a locomotive that incorporated all the latest features and powered the locos with the well respected German MTU engine,” adds SCT General Manager Rail Noel Ramsey.
The MTU engine is over 4200 HP and with its advanced design will ensure significant fuel savings.
SCT has been rigorously testing the locomotives with CSR.
With isolated driving cabs, a proven bogie configuration and extensive design solutions to minimize noise and vibration, the CSR locomotive has comfortably demonstrated compliance to the stringent Australian Rail Codes when tested at 130 plus kph on the test track north of Port Augusta.
“Contrary to all the sceptics that considered that the Chinese could not produce a locomotive that could match the capability of other locomotives used in the Australian market, the CSR locomotive has already proven itself by hauling one on the biggest iron ore trains from Port Augusta to Adelaide on the 7th of March 2012,” Geoff Smith says.
SCT will have itsfull fleet up and running by June 2012.
---------- Post added at 08:35 PM ---------- Previous post was at 08:33 PM ----------
Updated: 2012-04-24 09:49
BEIJING - A Chinese locomotive maker announced on Monday it has exported two electric locomotives to Belarus, marking the first time China-made freight locomotives have been exported to Europe.
Datong Electric Locomotive Co Ltd (DEC), a subsidiary of China North Locomotive and Rolling Corp Ltd, said the event also represented the first export of China's high-power electric locomotives overseas.
In 2010, DEC won a bid to provide 12 electric locomotives to Belarus. They are all set to be delivered this year. Designed to reach a speed of 120 km per hour, the locomotives will be used for freight transportation.
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bladerunner
Banned Idiot
Chuckle Belarus is closer to Russia than Central Europe
And what is your point?
