Chinese Economics Thread

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Serb

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pbd456 said:
Trump has announced an additional tariff of 10% from China, and 10% for Mexico and Canada. Will the canada and mexico be suspended again and the entire thing has always planned to target china only?
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That just means, in part, even fewer weapons and critical technologies made in the US from now on. Does anyone have a list of the remaining key critical materials that China has not yet banned for the US, that it will use as future retaliations btw? I'm not that versed in this area. Thanks. I think that the criteria has to be something that does the most damage, and without a possibility of the US finding an alternative source soon.
 
supercat

supercat

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Wrought

Wrought

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Interesting paper on the evolution of urban manufacturing clusters.

The main conclusions were as follows. (1) Between 2015 and 2019, manufacturing activities in the three major urban clusters were highly concentrated in provincial capitals, municipalities under direct control of the central government, and their neighboring districts and counties with favorable economic conditions; incremental growth was concentrated in the core cities. (2) The survival rate of enterprises in the Beijing-Tianjin-Hebei urban cluster was relatively high, whereas that in the Pearl River Delta urban cluster was low. Enterprises in the PM industry had a relatively high survival rate, whereas those in the ME industry had a relatively low survival rate. (3) Analysis of the factors driving new entrants in the manufacturing industry indicates that the industrial foundation is the core factor affecting the entry of new manufacturing enterprises. Land transfer policies and high population density promote the development of the manufacturing industry, and regions with high per capita GDP and more research institutions tend to inhibit the development of the manufacturing industry.
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generalmeng

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Franklin said:
The Americans have a long history of blaming foreigners for their domestic economic problems. In the 1970s it was OPEC, in the 1980s it was Japan, in the 1990s it was NAFTA and Mexico and now its China.

What this shows you is that America's economic problems has never been about foreigners stiffing the US and it started way before China became a force on the world stage and that the Americans refuse to take responsibility for their own failings.
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I mean the American economic problem are result of their own stupidity.

For 40 years, USA enjoyed the privilege of very long interest rate and very high currency valuation. This make their import cheaper, and bring in a long era of very cheap cost of living. Rather than focus their new found wealth and invest in educating their population, USA essentially give up basic education and squander their wealth on unnecessary expenses, and went full in on gender politics.

It is no suprise that east asian citizen (japan, korea, taiwan, china... etc) are all studying very hard, to boost their education and competitiveness of their population. no suprise, american public education on average is the worst of the g7, and no way able to compete with east asia.

economic development and growth is a numbers game, if a country have more STEM, naturally that country will grow faster and out compete other country with full gender politic graduates.

it is good and all with all the tariff and protectionism, but where are they going to find qualify labour to actually continue their production? supply chain was moved to asia, because it was cheaper and more productive (because americans are literally too stupid to do most of the jobs). tariff is not going to solve their problem, and blaming foreigner are not going to solve their own problem. USA is litterally like the end of Qing.
 
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Jiang ZeminFanboy

Jiang ZeminFanboy

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lcloo said:
This is the first time I've seen the name of this city. I am sure this is also true to most of us.

Heze city is in Shandong province, with population of 8.8 million people. It has long history from New Stone Age, Xia, Zhou, Shang dynasty till today. GDP of this city is USD 61 Billion in 2023.
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I am answering here cause not to derail flagship thread.

It's not really a city of 8.8m ppl. On a prefecture level yes, but prefecture is not really a city in what people think about the city. Core urban area(metro) of Heze is probably less than 2 m ppl. Besides this you have many county lvl cities and big rural areas inside the border of prefecture. Look how huge the area is for the whole prefecture
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