Chinese Economics Thread

A

ansy1968

Brigadier
Registered Member
Bellum_Romanum said:
The Philippines on the other hand is just swimming along pretty well with their economy huh? With inflation increasing at a pace that puts a lot more financial strain on the already vulnerable and depleted cash strapped people and yet somehow it escapes the OMG the PH is collapsing etc...the same can be said to many other countries that are unfortunately experiencing economic difficulties.
Click to expand...
Bro regarding the Philippines the pandemic had devastated the economy tremendously, I know since my travel business is the one fully affected. So any growth from 0 to 1 is a hundred percent growth. ;) In this case the after effect of economic renaissance is all due to Duterte handling and its covid policy especially on China (regarding the free vaccine). We are now on reaching the end of that tail wind, so what is Marcos doing to sustain that momentum. Nothing!!!! and what an idiot, turning Pro-US is one way of addressing our economic situation while the Collective West is in economic doldrum, after seeing how he handle the economy , I now believed that he really is a graduate of Oxford and Wharton....lol

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!




Feb 5, 2022 — FILE Former Senator Bongbong Marcos claims that he received a full diploma from the University of Oxford. MANILA, Philippines — Presidential ...

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!




May 16, 2022 — Marcos Jr, nicknamed “Bongbong”, has claimed in interviews that Oxford issued him with a bachelor's degree, while his official spokesperson has ..
 
sunnymaxi

sunnymaxi

Major
Registered Member
JD. com will recruit 15,000 university students set to graduate next year, with nearly half of the jobs being internships, local media reported. The recruitment, which will cover departments including supply chain, will start from cities including Beijing, Shanghai, Shenzhen and Nanjing and then move toward tier2/tier3 cities..

Image


AliBaba , Tencent and Meituan will also announce new massive recruitment plans in coming weeks. as they set to expand business all over for the first since Beijing regulatory crackdown in 2020..
 
sunnymaxi

sunnymaxi

Major
Registered Member
BEIJING, Aug. 21 (Xinhua Li Xiaoyu) -- Wang Dongtang, director of the Department of Trade in Services and Business Services of China's Ministry of Commerce, said on Aug. 21 that the confidence of Chinese travelers in tourism consumption is accelerating to recover, and that further research will be conducted in the future to improve the policies and measures to promote trade in travel services.

According to official data, in the first half of the year, China's travel services import and export 650.94 billion yuan (RMB, the same below), an increase of 65.4% year-on-year, becoming the fastest-growing area of service trade. Among them, travel exports were 44.55 billion yuan, up 52.4 percent year-on-year; imports were 606.39 billion yuan, up 66.4 percent; travel service trade accounted for 20.8 percent of China's overall trade in services, up 7.2 percentage points from the same period last year, rebounding to the second-largest area of China's service trade.

Wang Dongtang said at a press conference held on the same day that China's outbound travel market continues to heat up, showing that Chinese travelers are accelerating the recovery of tourism consumption confidence, travel enthusiasm is accelerating the release.
 
horse

horse

Colonel
Registered Member
What is not good for business,
  • war
  • trade wars
  • tech wars
  • recession
We should point that out, that trade is down, because of various reasons, and China is the biggest trader in the world, so Chinese exports should be down.

Here is the trick, that no one right now in the West wants to mention. China is still growing, and the government still has an official idea that growth will be round 5% this year, in the face of all of those headwinds.

Now these same headwinds, affect the other people too. Rarely mentioned.

:p
 
horse

horse

Colonel
Registered Member
One thing that really gets me, is the double dealing and outright misinformation.

In the past, it could be argued that China increased debt to fuel the real estate boom. In other words, a debt fuel boom.

Now what has happened in the United States under Trump then Biden?

Uh ... and China is suffering the after effects of a debt fueled boom, although when the chosen one does the same, it shows their wisdom that they know everything and the secret sauce is all theirs.

You really got to be a fool, or a regular Youtube anti-China channel watcher, to believe any of this shit.

The amazing part, is the Americans are doubling down on this double dealing.

Not sure how that is going to work.
 
You must log in or register to reply here.
Top