Chinese Economics Thread

Chevalier

Captain
Registered Member
North and South America do have more smart people than India. They can build high speed railway all over the place.
If they were truly intelligent, they would have utilised that supposed "Ashkenazi high IQ" to not declare a tech and cold war against China of all nations on earth. American jews really believed their own propaganda that they were "God's Chosen" and thought they could compete and control China.
 

manqiangrexue

Brigadier
North and South America do have more smart people than India. They can build high speed railway all over the place.
No they don't. North and South American combined, in their own continents, in the US and Canada on home turf, produce less super-performers in academics than Indian immigrants much less Chinese ones. Every STEM class in these countries is dominated by Chinese and Indians. Personally, looking at Georgia Tech, it's Chinese, Indians, Koreans. India has a huge population and I've never been there so it's possible that all the stupid people got left back but by sheer number, they have way more brain power than the Americas combined. India's just horrible at national management but much stronger on a personal level. South America has nothing intelligent going on. Between the US and Canada, they're just riding the WWII victory wave.
 

Michael90

Junior Member
Registered Member
US is far too unstable nowadays, not to mention they got a poor humanitarian reputation even due to Israel.

It's funny watching the current MAGA meltdown but for investors? Yeah it's a chernobyl. One random tweet in modern America can set off a horde of retarded nationalists and then suddenly the consensus is that all H1B need to be banned. I mean I agree as anyone else, Indian immigrants are low quality as fuck, but it's bad procedure to let emotions guide a whole economy ffs!

Only gonna get worse when Trump's base gets more boldened. The best move for China is to treat them like Indians: always payment before goods delivery, always payment in gold or other desirable easily exchanged materials. No credit, no investment, no financial support!
Lets not go overboard and exaggerate things. The US has been the world's largest FDI recipient for decades even to this day and there is a reason for that since they still have a very skilled workforce, culture of innovation/entrepreneurship, intellectual property protections, large/developed market, flexible and efficient capital markets, rule of law etc etc. Things which attracts investors globally.
We can't make it sound like its the worse place to invest when no other country attracts as much investment as the US. Its like dramatising issues more than they are just because of how we feel about a country. Its similar to how some foreigners do online with China painting a vleak picture than it is in reality eventhough China is still doing quite well overall.
 

SanWenYu

Captain
Registered Member
Should be a boost to local governments revenues, if they are running out of land to sell leases on, they can start to sell leases on the air space above the land :p
Just recently a local government in Shangdong leased out the right of its low altitude airspace for 30 years for less than 1 billion yuans. It was the first of its kind in China. The deal got cancelled merely two weeks later. The official explanation of the cancellation is that there were flaws/deficiencies in the plan. But many questioned whether it was a real deal for the stated purpose at all because the supposed lessee is a state owned business created by the same local government and it was just registered a few days ahead of the day the deal was made public.

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12月13日,济南公共资源交易中心发布公告称,因实施事项和招标公告等问题,招标单位平阴县发改局与中标单位金宇通航协商一致,中止平阴县低空经济特许经营权出让项目招标。

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因出让低空经济30年特许经营权一事,山东济南市的平阴县陷入一场当地人称为“卖天”(出让低空经济特许经营权)的舆论风波中。据悉,这项特许经营权的中标企业是由平阴县财政局100%持股的山东金宇通用航空有限公司。

近日,济南公共资源交易中心官网发布《平阴县低空经济特许经营权出让项目中标公告》,相关信息显示,项目为出让平阴县低空经济30年特许经营权,特许经营者在特许经营期内负责低空经济的运营和维护,提供飞行执照驾培等服务,合同履行期限为30年,中标金额为9.24亿元。

项目由山东金宇通用航空有限公司中标,获得了平阴县30年的低空经济特许经营权。资料显示,山东金宇通用航空有限公司为国有独资企业,由平阴县财政局100%持股,注册资本为2亿元人民币,于11月5日注册。该公司注册当日,招标公告发布,11月26日中标。
 

KingBroward

New Member
Registered Member
Most of China's trade is still settled in USD. The viral headline from a while back on the RMB being marginally larger than the USD in China's foreign trade settlement is only because trade between China and Hong Kong became increasingly settled in RMB instead of HKD (which itself is pegged to the USD) or the USD, primarily due to deeper capital markets trading (the stock market trading and settlement). The vast majority of China's trade (imports & exports) is settled in dollars for the simple reason that dollars are far more liquid than the RMB and are accepted in far more places than the dollar and dollars can buy far more things than RMB and each participant that then decides to use USD increases the USD's liquidity, global acceptance, breadth, and scope; creating a virtuous cycle for the dollar and a doom loop that foreign countries can't breach

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manqiangrexue

Brigadier
Most of China's trade is still settled in USD. The viral headline from a while back on the RMB being marginally larger than the USD in China's foreign trade settlement is only because trade between China and Hong Kong became increasingly settled in RMB instead of HKD (which itself is pegged to the USD) or the USD, primarily due to deeper capital markets trading (the stock market trading and settlement). The vast majority of China's trade (imports & exports) is settled in dollars for the simple reason that dollars are far more liquid than the RMB and are accepted in far more places than the dollar and dollars can buy far more things than RMB and each participant that then decides to use USD increases the USD's liquidity, global acceptance, breadth, and scope; creating a virtuous cycle for the dollar and a doom loop that foreign countries can't breach

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1. Dollar's not gonna die overnight; it takes time for an elephant to bleed out and the lines show blood.
2. Dollar's strength is in the economies that must use it: mostly American pawns in Europe. When they are de-industrialized and marginalized in the global economy, the dollar has fewer and fewer staunch partners to rely on since their business can be ignored/bypassed/substituted without ill effect. Countries with no allegiance to the US or those that have been slighted by the US are happy to use local currency swaps if that is preferred.
3. Sounds like you're saying that the USD is a glass blade; every time it strikes someone, it shatters a bit itself as it must drain its own acceptance to harm anyone. I recommend it stay away from big Chinese stones and remain a servant of business, never trying to use its fragile edge as a weapon for the desperate hand that wields it.
 
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