Chinese Economics Thread

[Bellum_Romanum]

Okay Dr. OZ

@Petrolicious88 unless you're some kind of medical scientist or a medical doctor, kindly refrain from making idiotic medical advice especially to a country like China who's the only country who managed to protect the overwhelming number of it's people from getting Covid-19 and dying from the virus. Plus, their experts and expertise far exceeds that of your own and whichever country you're from no disrespect to you but your latest post oozes with so much western superiority bullshit that it almost made me gag from condescension.

Stop worrying so much about China's internal policies and worry about your own countries in Europe lack of heat, electricity, and even pub this coming winter. Your continent isn't exactly in the best of any meaningful economic renaissance and yet people like you seem to insist or even compelled to throw in your stupid 5 cent advice that are actually useless and irrelevant. Why not instead, demand your government to improve your current situation because if the worsening situation in Europe persists, then the lot of you are looking into a long dark winter of sorrow and China will definitely be in trouble because who's going to buy all their electronic stuff when there's no electricity in Europe come this winter.

 

[Petrolicious88]

@Petrolicious88 unless you're some kind of medical scientist or a medical doctor, kindly refrain from making idiotic medical advice especially to a country like China who's the only country who managed to protect the overwhelming number of it's people from getting Covid-19 and dying from the virus.

And which part of that protocol is idiotic to you? Not sure how much you know about medicine B.
Im happy to talk about it in private PM or in the Covid thread. In all sincerity, it may help you or your family with upper respiratory infections in the future.

Plus, their experts and expertise far exceeds that of your own and whichever country you're from no disrespect to you but your latest post oozes with so much western superiority bullshit that it almost made me gag from condescension.

Some of the Chinese experts may privately disagree with Zero Covid for Omicron.

Stop worrying so much about China's internal policies and worry about your own countries in Europe lack of heat, electricity, and even pub this coming winter. Your continent isn't exactly in the best of any meaningful economic renaissance and yet people like you seem to insist or even compelled to throw in your stupid 5 cent advice that are actually useless and irrelevant. Why not instead, demand your government to improve your current situation because if the worsening situation in Europe persists, then the lot of you are looking into a long dark winter of sorrow and China will definitely be in trouble because who's going to buy all their electronic stuff when there's no electricity in Europe come this winter.

Asking me to stop “worrying” about China is like me asking you to stop worrying about America or Europe. Unless you are an economist, please kindly refrain from talking about Europe’s economic performance.

 

[PeoplesPoster]

And which part of that protocol is idiotic to you? Not sure how much you know about medicine B.
Im happy to talk about it in private PM or in the Covid thread. In all sincerity, it may help you or your family with upper respiratory infections in the future.

Some of the Chinese experts may privately disagree with Zero Covid for Omicron.

Asking me to stop “worrying” about China is like me asking you to stop worrying about America or Europe. Unless you are an economist, please kindly refrain from talking about Europe’s economic performance.

Nah, knock it off with this fake medical advise, vitamins are gonna do a shit all for COVID. Might as well advise eating chicken soup.

 

[Bellum_Romanum]

And which part of that protocol is idiotic to you? Not sure how much you know about medicine B.
Im happy to talk about it in private PM or in the Covid thread. In all sincerity, it may help you or your family with upper respiratory infections in the future.

Some of the Chinese experts may privately disagree with Zero Covid for Omicron.

Asking me to stop “worrying” about China is like me asking you to stop worrying about America or Europe. Unless you are an economist, please kindly refrain from talking about Europe’s economic performance.

I ain't worried about Europe bro, but I am concern with America's economy since Canada is far too dependent on that country's market due to the fact that it's Canada's largest trading master. And ever since the war in Ukraine started egged on by Canada's master, the rise of food along with gas and pretty much everything else have become more pronounced that it's actually depleting our spending power. One does not need to be an economist to know and realize the reality of basic arithmetic and life we're dealing with in Canada champ.

I wasn't providing some stupid ass take and neurotic advice on your super duper continent's choices in foreign policy, economic policy, military etc...it's quite clear that your continent are being led by such wonderful cast of characters that clearly knows what the heck they're doing. The proof itself is in the pudding or heating....oops...Now, take your vitamins and gobble it up well since you frankly need it more than I do with your pseudo nonsensical expertise.

 

[Petrolicious88]

Nah, knock it off with this fake medical advise, vitamins are gonna do a shit all for COVID. Might as well advise eating chicken soup.

The Royal College of Physicians beg to differ. Do read grasshopper:

Please, Log in or Register to view URLs content!

 

[FairAndUnbiased]

And which part of that protocol is idiotic to you? Not sure how much you know about medicine B.
Im happy to talk about it in private PM or in the Covid thread. In all sincerity, it may help you or your family with upper respiratory infections in the future.

Some of the Chinese experts may privately disagree with Zero Covid for Omicron.

Asking me to stop “worrying” about China is like me asking you to stop worrying about America or Europe. Unless you are an economist, please kindly refrain from talking about Europe’s economic performance.

for legal liability purposes, you should preface with "this does not constitute medical advice". In most countries it is illegal to provide medical advice without being a doctor, with medical advice being considered a recommended course of action directed towards an individual or individuals.

it is not illegal to make comments on the state of the economy as it does not constitute financial advice, only a general sentiment.

 

[Petrolicious88]

for legal liability purposes, you should preface with "this does not constitute medical advice". In most countries it is illegal to provide medical advice without being a doctor, with medical advice being considered a recommended course of action directed towards an individual or individuals.

it is not illegal to make comments on the state of the economy as it does not constitute financial advice, only a general sentiment.

Very true. But not a problem if you are a trained medical professional. And we are not talking about prescription drugs. Information on Vitamin C or D is commonly available. Over the last 2 years, there have been dozens of published articles on Vitamin D and Covid 19.

 

[Strangelove]

German industries getting cheap Russian gas...... in China.

Please, Log in or Register to view URLs content!

BASF opens Zhanjiang plant as China-Germany economic ties deepen

By Global Times Published: Sep 07, 2022 02:13 AM

China Germany Photo:VCG


Chinese Vice Premier Han Zheng presided over the inauguration ceremony for German multinational chemical company BASF’s new plant in Zhanjiang, South China’s Guangdong Province on Tuesday via video link, the Xinhua News Agency reported. It signifies deeper economic and trade investment cooperation between China and Germany, as well as further opening-up for foreign investors.

The new plant will have annual capacity of 60,000 metric tons of engineering plastics, bringing BASF’s total capacity in the Asia Pacific region to 420,000 metric tons from 2023, according to a statement the company sent to the Global Times on Tuesday.

“It is an exciting start for our Zhanjiang Verbund site,” said Martin Brudermüller, chairman of the BASF SE board of executive directors.

“Upon completion, it will be our third-largest Verbund site globally and a role model for sustainable production both in China and around the world,” Brudermüller said.

BASF aims to power the entire Zhanjiang Verbund site with 100 percent renewable electricity by 2025.

Construction of the Zhanjiang plant began in 2020. An expansion phase covering further downstream plants for diversification is expected to be operational by 2028.

The comprehensive construction of the BASF (Guangdong) integrated base project and the commissioning of the new plant are of great significance for China and Germany to deepen economic and trade investment cooperation, jointly respond to the impact of the epidemic, and maintain the security and stability of the global petrochemical industry chain and supply chain, the Xinhua News Agency reported.

China has beefed up support for foreign investment with a series of policies designed to draw foreign investment toward manufacturing and research while also prompting the launch of some major foreign-funded projects.

This policy support has boosted market confidence among foreign investors, despite global headwinds such as inflation, the epidemic and other factors.

Data from the Ministry of Commerce shows that from January to July, the actual use of foreign capital nationwide reached 798.33 billion yuan, a year-on-year increase of 17.3 percent on a comparable basis.

Investment in China has seen rapid growth, reflecting the strong attractiveness of the Chinese market and the opportunities and potential for multinational companies.

Investment by South Korean companies in China increased by 44.5 percent from January to July, followed by an increase of 36.3 percent by US firms, 26.9 percent from Japanese firms, and 23.5 percent from German companies.

 

[Strangelove]

Please, Log in or Register to view URLs content!

China’s ‘industrial mother machines’ making rapid progress

By Global Times Published: Sep 06, 2022 11:17 PM

Workers process parts at an automobile technology firm in Huai’an, East China’s Jiangsu Province on November 2, 2021. As the end of the year approaches, the firm is ramping up production to deliver overseas orders from the US, Europe, Japan and Southeast Asia. Photo: cnsphoto

China’s “industrial mother machines” – machines used to manufacture machines – have made great strides in the past ten years, strongly supporting national defense and manufacturing, Wang Weiming, an official from the Ministry of Industry and Information Technology (MIIT), said at a press conference on Tuesday.

For more than 10 years, the independent development capability and industrial technology level of China's industrial mother machines have significantly improved, with breakthroughs in a number of key core technologies such as fully digital high-speed, high-precision motion control and multi-axis linkage, he said.

In terms of industrial supporting systems, the market share of domestic machine tools has increased from less than 1 percent to 31.9 percent, he said.

Wang said the production equipment for aircraft structural parts is autonomous and controllable, and the manufacturing equipment for aero-engine turbine disks and blades has grown from scratch.

The domestic and global market share of China’s automobile stamping has reached 80 percent and 40 percent respectively, and power generation equipment manufacturing has realized the transformation from import-based to exports, he said, adding that China has mastered the ability to independently manufacture large parts and components of ships.

Wang said China will continue to make breakthroughs in core industries, and promote further development of industrial mother machines.

Data from the MIIT showed that the added value of China's manufacturing sector increased from 16.98 trillion yuan ($2.46 trillion) in 2012 to 31.4 trillion yuan in 2021.

To promote the transformation of the manufacturing industry, China has built a modern industrial system led by advanced manufacturing and is moving into the middle and high-end of the value chain.

China will see 70 percent of its major manufacturing firms basically digitalized and build more than 500 industry-leading smart-manufacturing demonstration plants by 2025, according to a development plan issued by the MIIT with other departments.

 

[siegecrossbow]

Please, Log in or Register to view URLs content!