Chinese Economics Thread

SamuraiBlue

SamuraiBlue

Captain
antiterror13 said:
that a violation of WTO :) @SamuraiBlue what do you think as an expert of everything?
Click to expand...

Not even understanding what this means. LoL
It's not about importing processed fuel into Japan it's about exporting fuel to other nations that doesn't have refineries for other Asian nations. Better grades means less pollutants for the importing nations.
 
broadsword

broadsword

Brigadier
China is following Japan's playbook.

Needless to say, Japan did not choose to become a nation of fishing villages!

Instead, its rulers drew the same conclusion that
Please, Log in or Register to view URLs content!
had drawn 150 years earlier and Henry VII 300 years before that, opting for protectionism and industrial policy. They closed Japan’s markets to foreigners in industries they wished to enter, only welcoming foreign goods insofar as they helped build up Japan’s own industries. They applied administrative guidance to key industries and rigged Japan’s banking system and stock market to provide cheap capital to industry.

Tokyo instead protected its fledgling automobile industry in the 1950s, limiting imports to $500,000 per year. (In the 1960s, prohibitive tariffs replaced this quota.) Japan only allowed foreign investment insofar as this transferred technology to its own manufacturers. Today, it produces over two-and-a-half times as many cars as the U.S., mostly for export.
Click to expand...
Please, Log in or Register to view URLs content!
 
A

antiterror13

Brigadier
SamuraiBlue said:
Not even understanding what this means. LoL
It's not about importing processed fuel into Japan it's about exporting fuel to other nations that doesn't have refineries for other Asian nations. Better grades means less pollutants for the importing nations.
Click to expand...

"Not understanding ..." really? havent you googled ?:p
 
Blackstone

Blackstone

Brigadier
China's corporations are beginning to break into the top tier of global businesses. So far only SOEs, but it's a start. Baby steps, baby steps.

Please, Log in or Register to view URLs content!

piiechart030317.png

Western corporations that dominated global industries until quite recently are increasingly facing competition from emerging-market economies, especially China. The last decade witnessed astonishing growth in China, with real GDP more than doubling between 2004 and 2014. Essential to this development has been the rise of Chinese firms into the ranks of the world's largest firms.

These charts, from a recent
Please, Log in or Register to view URLs content!
by Caroline Freund and Dario Sidhu, highlight this shift in the global distribution of global superstar firms. They show the number of firms ranking in the top four by operating revenues for 84 industries, grouped by broad sectors and regions of the world. A key finding of this research is that global industrial concentration has been falling, in part because of the rise of large firms from emerging-market economies.

The change over the past decade has been striking. American firms have largely been able to hold their ground, with their share of industry leaders staying broadly constant. European firms, however, have been particularly affected. In sectors ranging from oil and gas extraction to the manufacture of metal products, large European firms are now outranked by fast-growing firms from China. Between 2006 and 2014, 29 European firms lost their top spots, many replaced by new industry leaders from China.

Perhaps the most striking example of this trend is civil engineering. In the first decade of this century, the international construction sector was dominated by firms from western Europe and Japan. By 2014, the four largest construction firms were all Chinese, and were all state-owned enterprises.
Click to expand...
 
You must log in or register to reply here.
Top