Chinese Economics Thread

siegecrossbow

siegecrossbow

General
Staff member
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tphuang said:

HW前HR​

Saw him writing this post. Kind of fascinating this is how natsec folks in China think about things. The lesson of America relenting on solar panels is that China has to achieve 80 to 90% market dominance and crowd out other countries in order for Western sanctions or protectionism to not work.

kind of funny that his view is that China has to achieve similar level of dominance in shipbuilding, drones, low/medium end semiconductor, power battery and such like it has done in solar.

There are other ones obviously like green hydrogen, quantum computing and such. We will see.
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Bill Gates saw it coming. Too bad no one listened to him.
 
S

Stierlitz

Junior Member
Registered Member

China's annual inflation rate fell to 1.0% in February 2023 from 2.1% in the prior month, missing market forecasts of 1.9%. This was the lowest print since February 2022, with prices of both food and non-food slowing sharply, as consumers stayed cautious despite a removal of zero-COVID policy. Food inflation hit its lowest in 9 months (2.6% vs 6.2% in Jan), due to a sharp slowdown in prices of pork. Also, non-food inflation eased to 0.6% from 1.2%, as cost notably slowed for both transport (0.1% vs 2.0%) and education (1.2% vs 2.4%) while prices of housing fell further (-0.1% vs -0.1%). In contrast, prices grew faster for clothing (0.7% vs 0.6%) and health (1.0% vs 0.8%). Core consumer prices, excluding the volatile prices of food and energy, went up 0.6% yoy, the least in 3 months, after gaining 1.0% in Jan. On a monthly basis, consumer prices unexpectedly dropped 0.5%, the first fall in 3 months, compared with consensus of a 0.2% rise and after a 0.8% growth previously.​


source: National Bureau of Statistics of China​

 
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