Chinese Economics Thread

manqiangrexue

Brigadier
Ah hahahahaha Samurai's super funny! Writes all this slander and BS about China every day, blatantly misreads an article about European investment in China trying to make China look like it's failing, and then when other people say something about Japan, which is mostly known to be true, he gets angry and tells people to "shut it!" LOLOL It's not often that people actually are laughing out loud when typing LOL but in this case, I really am. Haha oh, the irony!

But seriously, guys, this is a thread about China's economy. Japan can't get out of a 30-year old economic coma while China's GDP just passed Japan's in 2009 but less than 5 years later, it is more than double that of Japans; these are the big trends and there's really not much reason to compare an Olympic athlete with a human vegetable. Just because one Japanese fella provokes people with poor arguments trying to cope with his own fears and insecurities does not mean the thread should be about Japan now. I mean, if Samurai were from Syria, would we spend pages and pages talking about what's wrong with Syria's economy? LOL Let's get back to China's economy, guys!
 
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taxiya

Brigadier
Registered Member
The IMF is urging china to adress the issue of the excessive corporate debt immediately

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I think IMF is the last international economy institution to be trusted to give advice, let alone urging (something like a demand and request).

Why? Do we remember IF IMF urged or advised U.S. for her unsustainable subprime loan practice?increase before it burst in 2008? Do we remember IMF advised Greece and Euro zone for Greek's fake debt figure before it burst in 2010? Do we remember that while IMF demanded privatization (sale off anything to pay debt) and austerities to all "third world" countries before it was willing to lend some money, IMF advocated totally opposite in case of Greece asking creditors to forgive the debts and asking Euro zone to print "waste paper" Euros to get out of the crisis? Do we remember hearing IMF urging Japan to address the >200% GDP debt issus ASAP which has lasted for decades?

No, we heard nothing of sort.
I am not sure about you, but I am convinced to not to take whatever IMF is saying as good advice. Of course that doesn't mean I will cover my ears from its voice.
 

antiterror13

Brigadier
Can you prove that with actual figures?
If not I suggest you keep your traps shut since you are making a fool of yourself.
While you are at it keep in mind that painting a situation with a broad brush is basically showing that you have no knowledge of the situation.

can you prove that I am wrong ?:D my suggestion, perhaps use your free time (which is a lot) to ggogle it and find an article to prove me wrong?

it is very well known facts what I said above that many young people in Japan leave their job to look after elderly (which is a noble act) and Japan has one the highest percentage of population over 65 ... and Japan is male society, hardly any senior female managers .... thats as clear as a crystal

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and this is from Japan time, just in case you take a grain of salt of others
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and regarding that Japan is male society
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and aging Japan
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see I only spent 5 minutes to google it ... easy peasy ;)

thats why Japanese economy is so inefficient and has been stagnant for over 2 decades ... it's just a matter of time to implode ..... when interest rate increase just over 1%, most all govt income would have to be used to service the interest ... and it will come, just a matter of time

Need a proof ?
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imagine if the Yen interest rate lets say 1%, it means US$100B for interest alone .... if 2%, USS200B ... more than 5x Japanese defense spending just for the interest
 
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SamuraiBlue

Captain
Looks as if the little people are getting burnt.

China stock market burns investors with boom-and-bust

SHANGHAI, China — Small-time investor Tracy Li lost more than $3,000 of her hard-earned salary from working at a bank after China’s stock market crashed last summer, wiping out trillions of dollars in valuations in just days.

A year later, and she has been burned twice, betting government intervention to prop up the market after the rout would guarantee good returns.

“Everybody was saying that the market was starting to rebound,” she told AFP. “I bought a stock a friend recommended to me, but now I’ve lost 35 percent of my investment this year.”

Her story is not much different from that of millions of other private investors who saw their savings go up in smoke during a year of countless government attempts to prop up the beleaguered market.

Despite Beijing’s best efforts, stock prices remain in the doldrums, with a reform agenda put on the back burner.

Sunday marks the first anniversary of the day it all began to crumble, when the Shanghai stock market — having soared in the previous 12 months — started a 40 percent slide that it is struggling to recover from.

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This article originated from AFP.
 

AndrewS

Brigadier
Registered Member
Small investors/speculators losing money in the stock markets is completely normal everywhere in the world. It's completely irrelevant to the health of the Chinese economy, where stock ownership is uncommon..

On the other hand, this development reported by Bloomberg is actually important. We are seeing the effects of China rebalancing growth towards to consumer economy.

China Now Rivals U.S., Europe as Growth Engine for Asia Exports

Asian currency swings also increasingly influenced by China
But region’s bond markets still driven by moves in U.S.


China is now an equal or even bigger driver of export growth in neighboring economies than the U.S. and E.U combined, marking a significant shift in the economic pecking order since the 2008 global financial crisis.
...
In Taiwan and Indonesia, for example, the growth of China’s gross domestic product dominates the U.S. and European Union’s as a source of export demand. In other economies, the trading giants are equally important.
...
“This is noticeably different from the pre-crisis years when China was much less important –- bordering on irrelevance -– as an engine of growth in the region," Deutsche analysts led by Asia-Pacific Chief Economist Michael Spencer wrote in a note.
...
The International Monetary Fund in April upgraded its China growth forecasts by 0.2 percentage point for this year and next, following signs of “resilient domestic demand” and growth in services that offset weakness in manufacturing.
...
Beyond the pace of GDP growth, China’s currency gyrations are also increasingly important across the region. While the dollar still drives volatility in most Asian currencies, the yuan is as least as important for fluctuations in the ringgit and won and is growing in significance for other exchange rates, except the peso.

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Yvrch

Junior Member
Registered Member
Small investors/speculators losing money in the stock markets is completely normal everywhere in the world. It's completely irrelevant to the health of the Chinese economy, where stock ownership is uncommon..

Yes around 8% or less in China and about 57% in US households.

Speaking of small investors losing their shirts, here is the percentage of black pools in US which is very close to 50%. Small investors in China losing their shirts not even close to what is happening in this system. Funny thing is people don't even realize how much they are being ripped off. Free market they say. Incredible.

DARK POOL.JPG
 
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