Chinese Economics Thread
- Thread starter Norfolk
- Start date
How could the Chinese people afford e-commerce in the middle of economic collapse?
D
Deleted member 23272
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Plus to offer context, pretty much every country's exports is sliding. Even Vietnam has slid for five consecutive months.
The export of Chinese EV will make up the slack in exports.
Its so weird when it comes to china related headlines its always detailed around China and not the big picture that one of the bigger consumer group on the planet the West is sliding into recession.
Trade Traffic by Country
In addition to owning seven of the world’s 10 busiest ports, China also owns close to across 63 other countries. This brought the country’s container traffic up to 263 million TEUs in 2021.
| Country | 20-Foot Container Count (2021) |
|---|---|
| China | 263M |
| United States | 61M |
| Singapore | 37M |
| South Korea | 30M |
| Malaysia | 28M |
| Japan | 22M |
| India | 20M |
| United Arab Emirates | 19M |
| Vietnam | 18M |
| Hong Kong SAR, China | 18M |
Which Move the Most Cargo?
The world’s busiest airport in terms of cargo is Hong Kong’s, which has held the for almost 28 years.
Shanghai and Hong Kong have experienced decreases due to geopolitical tensions.
In Hong Kong, goods movement via air travel is integral to the economy. Around half of the entire region’s external trade went through the airport in 2022.
| Rank | Airport | Location | Cargo (Metric Tons) |
|---|---|---|---|
| #1 | HKG | Hong Kong SAR | 4,199,196 |
| #2 | MEM | Memphis, USA | 4,042,679 |
| #3 | ANC | Anchorage, USA | 3,461,603 |
| #4 | PVC | Shanghai, China | 3,117,216 |
| #5 | SDF | Louisville, USA | 3,067,234 |
| #6 | ICN | Incheon, South Korea | 2,945,855 |
| #7 | TPE | Taipei, Taiwan | 2,538,678 |
| #8 | MIA | Miami, USA | 2,499,837 |
| #9 | LAX | Los Angeles, USA | 2,489,854 |
| #10 | NRT | Tokyo, Japan | 2,399,298 |