Chinese Economics Thread

Biscuits

Colonel
Registered Member
China doesn't see it as propaganda and neither do I. China is not yet fully developed as an economy or country. The financial sector is still immature and one part of the economy that needs more growing. It has a lot of years of growth left to become developed. That's exciting part.

It is not a Japan or an UK who are basically matured and are about as good as it gets.
So in 1950 when US was rising while say the Shah's Iran or some country in south America was about as good as they could get, that made US the developing nation and Bolivia the developed nation?

Like it or not, other people before already took the labels developed and developing to mean something else.

The words you're looking for are more like, advancing or regressing nation.

There is no such as a country maturing, ever. There's only ever increasing tech/science/producitivity. A country stopping does not mean it matured, it means it stagnated or regressed.
 

GOODTREE

Junior Member
Registered Member

Chinese premier chairs meeting with economic experts, entrepreneurs​

Source: Xinhua
Editor: huaxia
2025-04-09 22:17:00

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BEIJING, April 9 (Xinhua) -- Chinese Premier Li Qiang on Wednesday presided over a symposium with economic experts and entrepreneurs to listen to opinions and suggestions on the current economic situation and upcoming economic work.

Although changes in the external environment have brought difficulties, the Chinese economy still retains multiple strengths, strong resilience, and immense potential, according to attendees of the meeting. They also put forward suggestions on coping with external challenges and promoting sustained economic growth during the meeting.

Li noted that under this year's relatively special situation, the country calmly and steadfastly responded to various risks and challenges, and maintained sustained economic recovery and growth in the first quarter.

At the same time, external shocks exerted pressure on the smooth operation of the economy, he said, adding that China is well prepared to address all uncertainties.

It is particularly crucial to ensure effective economic work in the second quarter and beyond, with sustained and intensified efforts across all tasks, Li stressed.

It is necessary to implement more proactive macro policies and introduce new incremental policies in a timely manner in light of the needs of the situation, he said, noting responding to uncertainties in the external environment with strong and effective policies.

China will make expanding domestic demand a long-term strategy and fully stimulate the vitality of all business entities, Li said.

Li hoped that entrepreneurs will proactively adapt to evolving circumstances to drive growth, strengthen and elevate their enterprises.



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mossen

Junior Member
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China's hand is not as weak as many in the US assume just because it exports more to the US than vice-versa.

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Key argument:

It is China that has escalation dominance in this trade war. The United States gets vital goods from China that cannot be replaced anytime soon or made at home at anything less than prohibitive cost
 

Proton

Junior Member
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China's hand is not as weak as many in the US assume just because it exports more to the US than vice-versa.

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Key argument:
Yeah, pressuring countries like Canada, Mexico and the EU makes a lot of sense because these truly need capital from exports to for example buy Chinese consumer goods, US weapons and generally make up for the massive capital-outflow caused by the dominance of the US tech sector.

But China should have plenty of wiggle room before it starts losing any real prosperity.
 

antwerpery

Junior Member
Registered Member
Regarding american imports into china, what products can't china replace easily? I'm guessing semiconductor equipment, passenger aircraft and some high end pharmaceuticals and medical equipment. Anything else?
 
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