Chinese Economics Thread

[vincent]

The thing is, decoupling is happening everywhere except in the numbers. Certain types of goods may have faced restrictions but overall the volume of trade has increased.

Chinese imports are increasing less than exports

 

[tphuang]

Guys, I understand geopolitics do factor in economy, but let's try to stay off military talk if we can.

 

[GZDRefugee]

Chinese imports are increasing less than exports

But that's always been the case, no? China's trade surplus with the US, AUS, EU has only increased since 2019. That means China depends on the West less while the West depends on China more.

 

[vincent]

But that's always been the case, no? China's trade surplus with the US, AUS, EU has only increased since 2019. That means China depends on the West less while the West depends on China more.

Yes, the US, Canada and Australia are becoming resource appendages of Chinese industrial machine. Europe is screwed because no Western techs can be trusted and it has little natural resources.

 

[GZDRefugee]

Yes, the US, Canada and Australia are becoming resource appendages of Chinese industrial machine. Europe is screwed because no Western techs can be trusted and it has little natural resources.

Agreed. Which is why despite the rhetoric about decoupling (everywhere), the statistics and figures (the numbers) show that trade volume has increased.

Also those EU companies forced to relocate their factories to China? Délicieux

 

[Quan8410]

Just export more people to Australia. Then Australia will be predominantly Chinese. Then we will have a Chinese president in Australia and boom Taiwan 2.0 and reunification 2.0. That's more effective than economic sanctions.

 

[antiterror13]

In Huawei's case, are the steep declines in net profit a function of increased R&D spending, losing high margin business balanced by gaining in low margin business, or both? I would assume the latter of the 3.

R&D is not a spending but an investment, so most of the R & D "spending" will be in the asset balance sheet, not in P & L .. I am an engineer but I know enough in accounting and finance

 

[horse]

CHINA imported $2.7 trillion worth of goods in 2022. Only 4 countries in the world even have a larger GDP than $2.7 trillion. China imports more than the entire GDP. will be the worlds largest consumer market the world has ever seen. Imports are set to skyrocket as the country
Dan Collins (@DanCollins2011)

https://twitter.com/i/web/status/1642657458660290562

Yeah, and apparently the Aussie wants China to talk with the Australian government.

But why?

Who cares.

 

[horse]

CHINA imported $2.7 trillion worth of goods in 2022. Only 4 countries in the world even have a larger GDP than $2.7 trillion. China imports more than the entire GDP. will be the worlds largest consumer market the world has ever seen. Imports are set to skyrocket as the country

When the economy grows over 3% in Canada, that already is like boom times.

China is still booming, but not as crazy as before. At 5%-6% growth, at that size where China is at now in their economic size and growth rate, this is the world's biggest booming economy by far.

In a boom, you're just to busy trying to manage things keep it under control.

What some foreigner wants, is of little importance, because the boom is the important crap.

There seems to be an endless parade of European figures arriving in China for talks.

The problem with these people is that they are schizophrenic. China cannot do anything for them, because they do not know what they want.

 

[hullopilllw]

Tariffs on Australia should remain and be extended.

China should also investigate other ways of restraining Australia's increasingly racist and assertive behavior.

For instance, export bans should be explored. China should consider a 100% export tax on all goods sent to Australia.

Australians should also be banned from visiting Hong Kong and Macau. China should consider deporting all Australian residents in Hong Kong and Macau.

Finally, Australian citizens should not be granted the privilege of reporting in China (including Hong Kong and Macau).

Missed the point. Misbehaviour must be met with punishment. All these are initiated by Australia joining in the US-led witch hunt to kill off Huawei( both by playing the supply(chips and design) and demand side(threatening nations to drop)), then it slowly expand to the overall tech sectors and the relevant academia. More tariffs should be put in place till Australian politicians effective crack under sheer pressure and drop the baseless ban on Huawei network/RAN gears, lift restriction of academic exchanges, gave up of pact like AUKUS and drop playing up the issues on taiwan, hk, tibet. After which China shall demand compensation in form of equalising fee, only after that both nations will be on equal ground and relation can start anew base on what both can offer to one another.