Chinese Economics Thread

[KYli]

It should help both the economy and demographics.

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[KYli]

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[tphuang]

https://twitter.com/i/web/status/1697425615602000089

Looks like things are trending up in August. Caixin manufacturing PMI also back in expansion territory

https://twitter.com/i/web/status/1697428037284065481

export down, but new order up and employment up

there was probably too much euphoria in March/April & too much pessimism this past month.

 

[FriedRiceNSpice]

The Chinese having no revolutions in the 2000 years between Qin Dynasty and Chairman Mao, well, that is just normal too.

Well, plenty of dynasties were overthrown. Though not revolutions per se, a general repeating trend is that new dynasties will begin with land reform/redistribution which leads to economic prosperity, but over time the dynasty weakens and decays as land/wealth become concentrated into the hands of the few, whom are often more concerned with self-interest to the detriment of national interests.

 

[sunnymaxi]

China-focused ETF stands out in August” — Bloomberg



investors poured TWICE as much money into Chinese stocks as they did into the US.. this has been the story of entire 2023 year.

 

[sunnymaxi]

strong recovery in Air travel ..

82.4 million trips were carried out in and out of China between July 1 and Aug. 29, the National Immigration Administration said today. Forty-one million travelers were mainlanders, 32 million were Hong Kong, Macao, and Taiwan residents, and five million were foreigners..

 

[Jiang ZeminFanboy]

Easier to credit the houses in all first-tier cities

https://twitter.com/i/web/status/1697564992344920514

 

[luminary]

Shien partners itself with Forever 21 to get some cover from Western persecution.

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Announced on Thursday, the

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will see

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acquiring approximately one-third interest in Sparc Group Holdings II LLC, the parent company of

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, while Sparc Group becomes a minority shareholder in Shein.

Renowned for its innovative on-demand model, Shein boasts an extensive e-commerce platform catering to over 150 million online users globally. Sparc Group is no stranger to the retail domain, heralding an extensive portfolio spanning fashion, accessories and lifestyle products.

 

[resistance]

I don't think Chinese demographics is that big problems anymore. When both Japan and Korea had the same demographics like china decades ago, massive automation didn't been the thing yet and Chinese economic status now is better than Korea in 1997.

https://twitter.com/i/web/status/1697798999686922748

 

[Franklin]

Well, plenty of dynasties were overthrown. Though not revolutions per se, a general repeating trend is that new dynasties will begin with land reform/redistribution which leads to economic prosperity, but over time the dynasty weakens and decays as land/wealth become concentrated into the hands of the few, whom are often more concerned with self-interest to the detriment of national interests.

Those overtrows of dynasties ARE revolutions. That is the fate of every dynasty, empire, nation. First rise then plateau then fall. Not just China.