Chinese Economics Thread

[StraightEdge]

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The National Bureau of Statistics (NBS) said Friday that China recorded 9.54 million newborns last year, an increase of 520,000 compared with 2023. The birth rate for 2024 reached 6.77 per 1,000 people, reflecting an increase of 0.38 per thousand from the previous year.

 

[antiterror13]

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Like others have pointed out, it is likely due to Wood Dragon year in 2024 ... hopefully it will continue, more babies is GOOD

 

[Jiang ZeminFanboy]

That's what is needed in the other small cities too,

https://twitter.com/i/web/status/1880499109540266316

. Chairman Xi, please give money to children

 

[didklmyself]

2024 Household Survey was done, results here:

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[tphuang]

2024 Household Survey was done, results here:

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Please change your future twitter posts to twitter.com from x.com or else these don't appear as twitter posts.

I'm going to have to start deleting posts like that

 

[supercat]

- Crazy growth in manufacturing, high-tech manufacturing, and specific sectors like EVs, ICs, and industrial robots.

David P. Goldman considers China has successfully deflated its real estate bubble and is on its way to become the most powerful high-tech manufacturer by far in the world.

https://twitter.com/i/web/status/1881283054712320247

Those who don't know better will spew BS.

https://twitter.com/i/web/status/1879869755240431712

https://twitter.com/i/web/status/1881345572357190118

 

[00CuriousObserver]

Has anyone paid attention to the Twitter account

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中国政经事实ChinaFacts? Any thoughts on their quality?

 

[Tam]

Comparison of gross national electrical creation and consumption over time. This should be a reflection of a country's industrial growth and output.

 

[GiantPanda]

Comparison of gross national electrical creation and consumption over time. This should be a reflection of a country's industrial growth and output.

Great post.

When the US dominated the world in 1985, the electricity usage reflected that:


When China's GDP by PPP grew past the US a decade and half ago, electricity usage reflected that:


There is no way anyone -- unless living in a fantasy -- can seriously say the US is a bigger economy today when the difference is this outrageously large:

 

[zbb]

Great post.

When the US dominated the world in 1985, the electricity usage reflected that:
View attachment 144086

When China's GDP by PPP grew past the US a decade and half ago, electricity usage reflected that:
View attachment 144087

There is no way anyone -- unless living in a fantasy -- can seriously say the US is a bigger economy today when the difference is this outrageously large:
View attachment 144088

Also of note is that Japan and Russia (the two previous "challengers" to US economic supremacy that some like to compare China to) were not even close to half of US electricity generation during their respective peaks.