Chinese Economics Thread

ahojunk

Senior Member
The growth and development of high speed rail in China is incredible. In less than 10 years, China has the largest HSR network in the world.
The HSR line below will spur the growth of the economy in South West China.


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English.news.cn | 2015-06-17 18:52:21

GUIYANG, June 17 (Xinhua) -- A new high speed rail line connecting southwest China's Guizhou Province with the economically better-off eastern regions will open on Thursday.

The six-station line connects Xinhuang, a county bordering Guizhou in Hunan Province, and Guiyang, provincial capital of Guizhou. The track is 286 kilometers and forms part of the high-speed rail connecting Shanghai and southwest China's Kunming City, according to Chengdu Railway Bureau which administers the section.

With a speed of 300 kilometers per hour, the high speed rail will shorten the train journey between Guiyang and Changsha, provincial capital of Hunan, from 12 to three hours. It will take nine hours for people to travel from Guiyang to Beijing or Shanghai, compared 30 hours of travel using regular trains.

The new rail is expected to promote economic exchange between the eastern, central and western China, and bring business opportunities to Guizhou, an economically disadvantaged province with rich tourism and ethnic culture.

Deputy director of the provincial tourism bureau Yu Ling said Guizhou boasts a good environment, beautiful Karst landscapes and splendid ethnic culture.The high speed rail will make it more convenient for tourists to visit from the rest of the country.

Zhang Shulin, official with local government of Qiandongnan Prefecture, said the prefecture is focusing on modern logistics, services and tourism to meet the opportunities brought by the new rail line.

According to railway construction authorities of Guizhou, construction on the rail, which began in 2010, was challenged by rugged terrain and the complicated geology of Guizhou. Altitudes of the rail ranges from 300 to 1,400 meters. A total of 89.7 percent of the line runs through tunnels and bridges.

The Shanghai-Kunming rail is the longest east-west passenger rail line in China so far, with 2,264 of track running through eastern, central and western China.

The line connecting Shanghai and Hangzhou in Zhejiang Province was opened in 2010. The section between Hangzhou and Changsha and the section between Changsha and Xinhuang were both opened in December 2014.

The section between Guiyang to Kunming, which is under construction, is scheduled to start operation next year.
 

Equation

Lieutenant General
This is a China high sped rail roundup. This has significant geopolitical and economic impacts.

* Russia and China are moving ahead with the Moscow Kazan high speed rail line which will be followed by a Beijing Moscow line
* China completed more internal high speed rail
* China's merged high speed rail companies are second to General electric in terms of industrial company size
* China is furthering deals with India and Indonesia on high speed rail

1.
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to come up with the plans for a 770 kilometer high-speed rail between the two Russian cities. The Chinese firm will work alongside two Russian companies for on the designs for a total cost of 20.8 billion rubles ($383 million) over the next two years, according to Russian Railways.

Once the designs are developed, a separate tender will be held for the actual construction of the rail link, which Russian Railways expects to cost 1.06 trillion rubles ($19.5 billion). It is “likely” China’s rail developers will land that massive contract as well, but it isn’t guaranteed.

The Chinese side has already expressed interest in investing 300 billion rubles in the Moscow-Kazan high-speed rail project—part of which would fund the design, and the rest of which would function as a loan for the construction. “We are in negotiations to raise (the figure) substantially,” Mr. Yakunin said. Russian Railways intends to finish the project by 2020, reducing the duration of the journey to 3½ hours from its current 12½.

The financing, however, is not yet fully nailed down. To fund the 1.06 trillion billion ruble project, Russian Railways expects 380 billion rubles of direct state funding and a further 150 billion rubles from Russia’s National Wealth Fund

2.
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The six-station line connects Xinhuang, a county bordering Guizhou in Hunan Province, and Guiyang, provincial capital of Guizhou. The track is 286 kilometers and forms part of the high-speed rail connecting Shanghai and southwest China's Kunming City, according to Chengdu Railway Bureau which administers the section.

With a speed of 300 kilometers per hour, the high speed rail will shorten the train journey between Guiyang and Changsha, provincial capital of Hunan, from 12 to three hours. It will take nine hours for people to travel from Guiyang to Beijing or Shanghai, compared 30 hours of travel using regular trains.

The new rail is expected to promote economic exchange between the eastern, central and western China, and bring business opportunities to Guizhou, an economically disadvantaged province with rich tourism and ethnic culture

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The merger of CSR Corp. and China CNR Corp. is now complete, producing a nearly $130-billion behemoth called CRRC Corp. with economies of scale that will allow China to compete even more aggressively for overseas rail deals

4.
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The proposal, which found a mention at recently held Greater Mekong Subregion (GMS) meeting in Kunming, plans to boost the Bangladesh-China-India-Myanmar (BCIM) multi-modal transport system.

“The high speed corridor would give a boost to the economies of all the countries of the region,” said Li Ji Ming, vice-secretary of Yunnan provincial government. The project looks forward to the newly established Asian Infrastructure Investment Bank (AIIB) and other donors for financing it.

The 2,800km rail route could be a critical component for the BCIM that seeks cross border movement of goods and people in the four countries.

China has pledged US $40 billion for the Silk Route and $50 billion for the AIIB. The BCIM area has a trade potential of $132 billion

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between Sheng Guangzu, general manager of China Railway Corporation, and Rini Soemarno, Indonesia's minister for state-owned enterprises, reports Guangzhou's 21st Century Business Herald.

The project that will create a 160-kilometer link between the capital city of Jakarta and Bandung, the nation's third-largest city, will cost an estimated US$6 billion, according to a Japanese institution that is also taking part in the project.

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AssassinsMace

Lieutenant General
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You have to wonder was AIIB and China accused of these very things just to soften the blow to the World Bank when this came to light? Did anyone find it odd that some European countries dipped into the IMF and World Bank to bail themselves out of economic troubles? And China with disproportionately less say was expected to contribute strongly to those institutions. Can you imagine what would be accused if China did that with AIIB?
 
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broadsword

Brigadier
It is a good thing this tradition is gradually dying out even in ground zero itself. I would have thought that it is not a good idea to have another fuel for social discontent in China and should have been dealt with a heavy hand with an outright nationwide ban from the top.

Increasing anger at dog meat festival

2015-06-22
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A FESTIVAL which puts dog meat on the menu in a small southern Chinese city has again met with anger and protests.

Today’s Lychee and Dog Meat Festival puts Yulin, a city with a population of 600,000 in the Guangxi Zhuang Autonomous Region, into the media spotlight every June.

(1/4)Dogs to be sold at Yulin

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Locals believe dog meat is no different from pork and they should be free to enjoy their tradition, while critics are concerned about cruelty and the health risks of eating dogs, with suspicions that many of the animals are stolen and reach the table without any inspections or quarantine.

“Dogs are humans’ friends. Stop killing; stop buying, selling and consuming!” reads one of the many text messages that Zhong Peihua has been receiving over the past week.

The owner of a dog meat restaurant in Yulin is well aware that the annual protests launched by animal welfare groups and dog lovers have begun.

Traders like Zhong have been getting hundreds of such text messages in recent days. They are encouraged to cancel the festival while there are even threats against their businesses.

“We are used to it. Some traders just turn off their phones,” said Zhong, whose restaurant has been open for 27 years.

Bombarding traders with text messages is just one of the’ methods protesters use.

Chen Tianhai, head of an animal protection society in Guangxi, makes regular trips to Yulin.

On Saturday, he and other volunteers sat in front of a market in the city, holding banners with the slogan “Stop Killing!”

“Why can’t they just eat chicken or duck?” Chen asked.

With many countries having already banned eating companion animals like dogs and cats, he is urging the local government to outlaw the festival.

With some 10,000 dogs reportedly set to be slaughtered in Yulin, it’s not surprising that people have tried various ways to rescue them.

The event has also ignited anger on social media. Hundreds of thousands of Chinese web users, including many celebrities, have been vocal in their opposition to the festival on the Sina Weibo microblog.

According to an ongoing poll by Sina Weibo, 87.9 percent of the 4,606 people who had responded by 7pm yesterday said China should enact laws to prohibit animal abuse, while just 12.1 percent said this was not necessary.

There have also been nearly a million tweets from people using the hashtag “StopYulin2015” over the past month, The Washington Post reported.

Chen Taotao, deputy head of Yulin’s food and drug administration, insisted that the local government had never supported the festival, referring to it as “just a gathering of locals on summer solstice.”

The event started life in the summer of 1995 as vendors put up banners reading “Welcome to the dog-eating festival” in a food street to attract visitors, said Wei Wanli, an employee with the Yulin veterinary bureau.

It was promoted more strongly after 2009, when a dog dish won a prize in the city’s food festival.

The Yulin government has promised to crack down on anyone caught stealing dogs and to ensure food safety, and has banned the slaughter of dogs in public.

But the question of whether dog meat is a delicacy or an example of cruelty remains a conflict between folk custom and animal protection.

With an increasing number of China’s pet-owning middle-class adjusting their diets, more Chinese, especially the young, see dogs as friends not food, said Xie Pingxiang, deputy chief of the Guangxi Traditional Culture Studies Association.

The practice of eating dog is gradually dying out in other provinces including Jiangxi, Yunnan and Hubei. In 2011, eastern China’s Zhejiang Province banned the Jinhua Hutou Dog Meat Festival after denunciation at home and abroad.

Changes also seem to be coming to Yulin. Five years ago, Zhong Peihua could sell 30 dogs a day, but now he’s lucky if the number is five.

Other traders said they were selling about a fifth as many dogs as they were five years ago.

“You can see people’s minds are changing,” said Zhong, whose son and daughter refuse to eat dog meat.
 

Blitzo

Lieutenant General
Staff member
Super Moderator
Registered Member
People should simply be able to eat whatever they want for the most part, it just smacks of excessive subjectivism wrt dogs vs other animals. If anything the old adage of "if it has 4 legs and isn't a chair, it can be eaten" is more of a virtue rather than a vice.

I think a lot of the problem is that the animals in this case aren't killed very humanely and in some cases are deliberately killed in great pain.

That said, this isn't exactly rare for all kinds of animals not only across china but across the world, which is unfortunate.
 

delft

Brigadier
People should simply be able to eat whatever they want for the most part, it just smacks of excessive subjectivism wrt dogs vs other animals. If anything the old adage of "if it has 4 legs and isn't a chair, it can be eaten" is more of a virtue rather than a vice.
OT
Look at the export of British horses to Europe to be eaten there because the British "don't eat horses". It would be more humane to kill these horses in UK than to let them suffer on a sometimes very long journey into Europe.
 

SamuraiBlue

Captain
I think a lot of the problem is that the animals in this case aren't killed very humanely and in some cases are deliberately killed in great pain.
Why would a butcher deliberately slaughter an animal inflicting prolonged pain?
Prolonged pain induced animal are known to taste bitter and the meat tough due to stress released hormone and muscles contraction.
Any good butcher would slaughter an animal as quick as possible. It has nothing to do about being humane it's about quality of meat which fetches better money.
 

solarz

Brigadier
People should simply be able to eat whatever they want for the most part, it just smacks of excessive subjectivism wrt dogs vs other animals. If anything the old adage of "if it has 4 legs and isn't a chair, it can be eaten" is more of a virtue rather than a vice.

So you can eat tables??? :eek::D

Kidding aside, I think the far bigger problem in China is people poaching and eating endangered animals like the pangolin. It seems like in the Chinese mentality, the more endangered an animal is, the more nutritional benefits it has! :mad::mad::mad:
 
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