Chinese Economics Thread

[In4ser]

Personally I’m in favor of using stimulus creating more state run boarding schools. Parents are already busy and education is expensive that much of the effort and costs can shifted to the state to take of kids from morning til night during the weekdays.

Instead of having parents pressure them to going to cram schools or extra homework, the state can limit hours outside of the classroom to free time in extracurricular activities and learn life skills like cooking, sewing, camping and socializing. This already happens in poor and minority communities why not apply to major cities and reserve a portion of top school admission to for state run boarding school graduates.

This will relieve the rat like race to the bottom pressure from the parents b/c they’re less involved and encourage students to be more independent as well as allowing better scaling of costs.

Moreover as these population aged can repurposed as retirement communities and even better if mixed as hybrids for young kids to learn from elders and they assist the elderly with physical tasks and provide companionship to old people who tend to be bored and lonely.

 

[Quan8410]

Chinese government obviously want to boost consumption but it is harder to do cash stimulus in China compared to some countries like US. The Chinese has way higher saving ratio compared to the American. A lot of stimulus will just sit in banks or in real estate rather than go into the economy.

 

[Nevermore]

Chinese government obviously want to boost consumption but it is harder to do cash stimulus in China compared to some countries like US. The Chinese has way higher saving ratio compared to the American. A lot of stimulus will just sit in banks or in real estate rather than go into the economy.

In China, middle-aged people and elderly people in cities have large savings, but the young people who have the strongest desire to consume have no money at all.