China wasn’t the one poking holes.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
China wasn’t the one poking holes.
A fool like me can go digging into the data on the block chain.
Imaging not having to trust nyt, financial times, world bank or IMF on reports you could just write a program and trace transaction between nations to get the export or import data.
When you have exchanges with a know your customer process you don't really have privacy for state actors
here is the article behind the paywall
this to me seems like just another step to open up Chines domestic securities market to the rest of the world through HK. They already have stock connect and bond connect.
on Macron & Ursula trip
on CAI
looks like it's pretty much dead at this point
With what's signed with the French
I guess bring French cuisine to China?
So that second Airbus plans, Alstom getting involved supply chengdu subway, some other major project. Making market open for French pork
looks like EDF getting more more access into Chinese energy market.
French beauty products
Most people buy their crypto via exchanges anyway so it doesn't look like it's that great of an innovation.
Exactly as I said. The political component was pure fig leaf. The real news is this. French stakes in Chinese market is set to grow radically (eating up US market share), enough to properly incentivize the French to stay as independent as possible. Spain's recent visit is also interesting since they share the presidency in the next trio rotation along with Hungary. 2025 will be interesting considering the lack of Chinese-neutral or Chinese-friendly partners there. Poland and Cyprus might be pliable given their small size, so long as China is asking for cooperation in issues that do not directly benefit Russia/Turkey or directly harm Poland/Cyprus.
Yeah, agree.
The political stuff, I don't really understand.
Wasn't von der Layen saying just two weeks ago that the EU cannot allow itself to be too reliant on China, for minerals or as a market?
Then why is she insisting she be here on this trip with Marcon, whose sole intention for this trip a state visit, was to mainly do the entire opposite of what von der Layen was saying just two weeks ago?
If more Europeans arrive in China to make deals, while the Americans are left out, it is going to get funny.
Boeing, gets nothing, yet again. Now they investigate those assholes at Micron. Good shit there.
Also from shipbuilding thread.
largest shipbuilding deal for containership at $3B
on top of that, another 50 H160 helicopters
From NEV thread, Chinese suppliers continue to be supplying Korean battery makers. This will make it harder for any cars sold with IRA subsidy to escape Chinese supply chain
Latest news is that Aramco is in discussion with Oriental Energy for a major equity deal and supply contract. All this as 36kr says is a major investment into Chinese oil market by Saudi Arabia. This is a major shift to look east from Saudi Arabia. Saudi Arabia is investing in Chines economy because they are getting paid in RMB. This is a major plus for Chinese economy.
largest shipbuilding deal for containership at $3B
on top of that, another 50 H160 helicopters
From NEV thread, Chinese suppliers continue to be supplying Korean battery makers. This will make it harder for any cars sold with IRA subsidy to escape Chinese supply chain
Latest news is that Aramco is in discussion with Oriental Energy for a major equity deal and supply contract. All this as 36kr says is a major investment into Chinese oil market by Saudi Arabia. This is a major shift to look east from Saudi Arabia. Saudi Arabia is investing in Chines economy because they are getting paid in RMB. This is a major plus for Chinese economy.
One issue that's rarely been discussed in the "diversification strategy" away from China is that the contenders are far behind in port capacity.
The graph is from this story:
Some countries like Pakistan or Sri Lanka barely get any consistent electricity.
The graph is from this story:
Some countries like Pakistan or Sri Lanka barely get any consistent electricity.