Chinese Economics Thread
- Thread starter Norfolk
- Start date
You cannot run a welfare state with an inverted population pyramid, that’s for sure. The biggest challenges China faces are all demographics related. If the government chooses to focus on pension over boosting fertility this will be a sign of trouble in my view.
China doesn't officially tax or directly use HK companies like Cheung Kong. Although they could use them for grey and black operations.
I think the opposition from China is more about making bargaining chips against Trump. CK already has the money, while the stakes Blackrock have in infrastructure that will still be China (or rather HK/Li Ka Shing) operated can be held hostage against US.
Remember Blackrock isn't in the "in" group of US oligarchs, it is considered neutral or even personally hostile to Trump and Elon. So there are more dimensions here, as Blackrock might not necessarily recieve protection from USG if their assets are stripped under national security. Either way, I don't think it was smart for Blackrock to finalize the deal that has been going on for so long during the currently sensitive environment. Maybe if Kamala had been in power, the whole event would go under the table and it would have been a profitable longer term investment for Blackrock.
Thank you for your answer
Chinese media believe that these ports will charge high service fees to Chinese ships in accordance with Trump's orders in the future
China's birth policy and elderly care services are being promoted simultaneously. In terms of elderly care, even if China does not enter an ultra-low birth rate now, the baby boom era around the 1960s will still produce a large number of elderly people. In terms of fertility, from the policies in various regions, the government is already aware of the severity of the situation
Very much fearmongering as such an order would incur more penalty on US than on China, but the question is what end the media fearmongering is supposed to serve?
The obvious one is the Motor Sich-ification of Blackrock's shares in CK. Which USG might not be able to react against, because Blackrock is broadly speaking Democrat aligned.
But it might also be something against Li Ka Shing family, using an opportunity to bring them to heel, break their monopolies in Hong Kong etc.
Hmm....looking at this, it seems the US economy is not all about a service/finance economy only like some claim.. Seems quite diverisfied to me actually. Plus there are many more than this foing well globally.
By looking at US companies revenue from China? All you need to do is look at the Federal Reverse website.
Service/Finance % of GDP is ~72%, which is up ~6% since 2005. Comparing the US economy based on their businesses from China is ridiculous. Their financial and service share in China has never been strong.
