Chinese Economics Thread

Geographer

Geographer

Junior Member
The average cost of electricity from solar panels in China works out to 19 cents per kilowatt-hour, said Mr. Li. That is three times the cost of coal-fired power.
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I bet the average cost of coal-produced electricity does not include all its negative externalities like the more of visits to the hospital caused by air pollution and lower life expectancy. If you taxed coal, oil, and natural-gas power plants to reflect their true long-term cost to the environment then solar and wind power might look a lot more attractive.
 
D

Delbert

Junior Member
Honestly as I read all your discussions with regards to over population. Even a family with a children of 6 (UNEDUCATED) can still be beneficial if they work as a low paying skilled workers that helps you make more money.

The only trouble with that once they became discontented and cause some troubles like strikes, riots, etc.

With regards to renewable energy... I think its will still be most advisable to go with the cheaper ones like COAL, etc. The only problem with China was too high concentration in the East coast. If the industries was more properly distributed, pollution woudn't be so concentrated too.
 
AssassinsMace

AssassinsMace

Lieutenant General
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French fashion boss apologises over China gaffe
AFP Relax – 59 minutes ago.. .


The boss of French clothing firm Zadig & Voltaire has apologised for saying that Chinese tourists would not be welcome at an exclusive new hotel planned by the company in Paris.

Company founder Thierry Gillier told fashion industry journal Women's Wear Daily late last month: "We are going to select guests. It won't be open to Chinese tourists, for example."

The article has since been amended to remove the reference to Chinese tourists and instead refers to "busloads of tourists".

But that did not stop outraged Internet users posting angry messages on social media and websites in China.

"This is obviously racial discrimination. Not every Chinese is uncultivated, there are many more who are cultured," said one user on popular portal Sina.com.

"I think this pretentious brand will lose an important market if it really turns down Chinese."

In a statement released on Thursday, Gillier said the remarks had been taken out of context and apologised for any offence caused.

"These reported words do not reflect either my line of thought or my ethics," he said.

"My remarks were doubtless clumsy and, taken out of their context, I understand they might have hurt my friends from China, France or elsewhere, and I am deeply sorry for that."

The hotel would be an "intimate address", the statement said, adding that Gillier "admits he expressed himself in an inappropriate way to explain that his hotel was not suited to mass tourism".
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I've been reading some Japanese companies are having a 40% drop in sales in China over the territory disputes. I wonder if Chinese are capable of doing that to the French.
 
A

A.Man

Major
AssassinsMace said:
I've been reading some Japanese companies are having a 40% drop in sales in China over the territory disputes. I wonder if Chinese are capable of doing that to the French.
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This holiday week of China. There are 100,000 Chinese visiting South Korea. They are going to spend more than US$200 million just in one week, my friend Mace. Oh, would you like them to stop spending in your country?
 
AssassinsMace

AssassinsMace

Lieutenant General
Personal? I wasn't sure if you thought I was Korean since you brought up how much money Chinese tourists were spending there and then adding if I wanted them to stop spending. I do want China to play hard ball economically. If you were suggesting the opposite would I want Koreans to stop spending money in China... I don't care. Beijing should've thought of that when they steered China into being the labor pool of foreign outsourcers and not concentrate on the domestic economy. Since most of the problems people sight about China are due to foreign corporations exploiting cheap labor, some of them will disappear when they're gone. A significant portion of China's pollution is due to making products for foreign corporations. China scouring for resources around the world goes partly to making their products. If that's eliminated, so are some of the problems associated with them.
 
C

CyberMonk

New Member
(Reuters) - Toyota Motor Corp's China sales fell about 40 percent in September from the year before, while those of rivals such as Hyundai and BMW jumped, underscoring how badly Japanese brands have been hit by a territorial row between the two countries.

A prolonged sales hit of this scale could threaten profit forecasts at Toyota, Nissan Motor Co and others as China, the world's biggest car market, makes up a bigger portion of their global sales.

The dramatic fall-off in demand for Japanese vehicles has been an unexpected boon for other foreign brands, with South Korea's Hyundai Motor Co saying on Friday its China sales climbed 15 percent to 84,188 vehicles last month.

As demand evaporates, Toyota, Nissan, Honda Motor Co and others have been forced to cut back production in recent weeks in a slowing, but still promising Chinese market.

Japanese car makers have been the most visible losers, although there have been signs of the tensions affecting other sectors, with All Nippon Airways Co Ltd (ANA) saying late last month it had seen a wave of cancellations on Japan-China routes.

Semiconductor maker Rohm Co Ltd forecast a decline in orders for the second half of the fiscal year ending March, citing significant weakness from automakers.

"The second half is not looking very good, it all depends on how much impact the events in China will have," said Hidemi Takasu, managing director of R&D at Rohm, on the sidelines of the CEATEC technology trade show near Tokyo.

The exodus from Japanese cars has in turn helped other foreign brands. Among premium brands, Volkswagen's Audi boosted sales by 20 percent in September, BMW by 55 percent and Daimler's Mercedes-Benz by 10 percent.

reuters.com (today)
 
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