Chinese Economics Thread

solarz

Brigadier
Not sure if it is the journalist or the lama that said "two countries". Either way, just that statement alone means the article is a waste of my time.

The Dalai Lama is saying he wants greater development of Tibet?

He was saying he wanted greater autonomy just a couple of years ago.

Give it a few more years, and he'll be begging the Chinese government to let him go home.

Just goes to show that the only thing that matters is money. Everything else is BS. When China was poor, they wanted independence. When China was starting to get rich, they wanted "autonomy". Now that China is rich, they want "development".

Mark my words, in 10 years the Taiwan Independence movement will be as dead as the Quebec independence movement. In 20 years, they will be asking for reunification themselves.
 

Janiz

Senior Member
Just goes to show that the only thing that matters is money. Everything else is BS. When China was poor, they wanted independence. When China was starting to get rich, they wanted "autonomy". Now that China is rich, they want "development".


Mark my words, in 10 years the Taiwan Independence movement will be as dead as the Quebec independence movement. In 20 years, they will be asking for reunification themselves.
What a complete and utter nonsense...
 

Hendrik_2000

Lieutenant General
What a complete and utter nonsense...

I don't think that is nonsense Taiwan has no future as an independent entity Her economy is stuck in last 2 decades The percapita income hardly grow at all
Most young people has trouble finding a good job in Taiwan

Thousands of young people have migrated to mainland It was said that Kunshan near Shanghai host hundred of thousand Taiwanese expatriate and thousand of company
The green won the election because of dissatisfaction with how KMT handle the economy. They naively think by switching the party they solve the problem Now Tsai Ing Wen popularity is in the low 30 and going down.

Decade of brainwashing give the impression that Taiwan is superior to China but reality is something else
Now the eastern sea board provinces are richer than Taiwan. Yeah in future those Taiwanese will see the light
 

solarz

Brigadier
I don't think that is nonsense Taiwan has no future as an independent entity Her economy is stuck in last 2 decades The percapita income hardly grow at all
Most young people has trouble finding a good job in Taiwan

Thousands of young people have migrated to mainland It was said that Kunshan near Shanghai host hundred of thousand Taiwanese expatriate and thousand of company
The green won the election because of dissatisfaction with how KMT handle the economy. They naively think by switching the party they solve the problem Now Tsai Ing Wen popularity is in the low 30 and going down.

Decade of brainwashing give the impression that Taiwan is superior to China but reality is something else
Now the eastern sea board provinces are richer than Taiwan. Yeah in future those Taiwanese will see the light

What a lot of people like Janiz fail to understand is that regions like Hong Kong and Taiwan got rich because of mainland China, not because of their so-called democratic system.

As long as China was under virtual economic embargo by the West, those regions served as gateways to the gigantic Chinese market.

Now that China is able to do business on its own, the importance of these "gateway" economies have faded, and unless they can find another successful economic model, they are destined for economic decline.
 
now I read
China needs new growth indicators other than GDP: economist
Xinhua| 2017-11-28 20:09:56
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China needs to develop a system of indicators to account for growth quality, a prominent economist has said.

While
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is still important in terms of the scale of an economy, it does not account for structural change or efficiency, said Jia Kang, chief economist with the China Academy of New Supply-side Economics.

"China has goals of basically realizing socialist modernization by 2035 and building a great modern socialist country by the middle of this century. These targets need to be defined by indicators that do not yet exist," Jia said.

For example, the construction of an urban rail system usually does not generate enough returns to cover the costs, but it brings social benefits that need to be quantified as a reference for government incentives, Jia said during a panel discussion at the Caijing Annual Conference.

Energy consumption per unit of GDP is a good example and more indicators of this kind should measure economic efficiency, said Jia.
 

siegecrossbow

General
Staff member
Super Moderator
What a lot of people like Janiz fail to understand is that regions like Hong Kong and Taiwan got rich because of mainland China, not because of their so-called democratic system.

As long as China was under virtual economic embargo by the West, those regions served as gateways to the gigantic Chinese market.

Now that China is able to do business on its own, the importance of these "gateway" economies have faded, and unless they can find another successful economic model, they are destined for economic decline.

Most of Taiwan's economic development occurred under Chiang Chinkuo's relatively autocratic rule.
 

Hendrik_2000

Lieutenant General
From Brian Wang Nextbig future. Increase connectivity with Europe,now there are 25 train between Duisburg and Chongqing. Of Pan Asian railway only the middle route is being built now
In 2014, Link witnessed the arrival of China-Europe trains at the Duisburg Intermodal Terminal (DIT), together with Chinese leaders. At that time, there were three trains operating to and from Duisburg and Chongqing every week. Today, the number has increased to over 25 per week.
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Update on rail plans in China, ASEAN and across Russia to Europe
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| November 28, 2017 |
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This is a update on rail plans in China, ASEAN and across Russia to Europe.

China is pushing ahead to more than double the current high speed rail network by 2030. There are some minor modifications to not fund some projects because of debt concerns.
ASEAN (Singapore, Indonesia, Thailand, Malaysia, Cambodia. Laos) high speed rail projects will be completed over the next ten years.
The frequency and volume of rail freight between Europe and China has increased by eight times over the last three years.
China is making a multi-billion dollar push for more trade and connections with Eastern Europe.

China High Speed rail network will double again by 2030

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This will be up from about 22,000 kilometers today.

China’s non-high speed railway network will reach 120,000 kilometers. Double-track will be 60% and electrification rates will 70% of track.

The total length of high-speed lines will be further extended to reach 38,000km by 2025, and 45,000km by 2030.

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Population levels, as well as the economy and fiscal conditions of Chinese cities seeking permission for subway projects will be more closely scrutinized.

Two subway projects in Mongolia were halted.

Beijing was still testing three lines:
* a driverless subway,
* a maglev train
* a new tram will be launched in the city’s western suburbs at the end 2017

China’s Belt and Road Initiative (BRI) seeks to support the construction of more than 3000 kilometers of rail lines between China and Laos, Cambodia, Thailand, Malaysia, Singapore and Indonesia. Many of the projects have started to take shape. In August 2017, the Thai government approved $5.5 billion for the construction of a 252-kilometer line connecting Bangkok to its northeast border.

Malaysia is making $85 billion transport investment to 2020 and $75 billion is dedicated to railway development. Malaysia has a double tracking project running from north to south.

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In April 2017, China and Indonesia agreed to the terms on the building of a high-speed rail link between Jakarta and Indonesia’s fourth largest city, Bandung.

Singapore and Malaysia are expected to announce the tender arrangements for their respective legs of the $15 billion 350 kilometer Kuala Lumpur (KL)-Singapore high-speed railway (HSR) by the end of 2017.

The 350 km-long HSR line will cut off the travel time from Malaysia to Singapore from 4 hours drive to just 90 minutes in a train travel. It will travel at a top speed of 300km/hour. The terminus in Malaysia will be at the site of a former air force base in Kuala Lumpur, Bandar Malaysia, while the one in Singapore will be at Jurong East. Construction is planned to start in 2018 and the HSR is targeted to be up and running by 2026.

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Chongqing-Xinjiang-Europe rail line since 2011

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It takes only 13 days for goods to arrive in Duisburg from Chongqing by rail, 30 days less than by sea, and at a fifth of the cost of air freight.

In 2014, Link witnessed the arrival of China-Europe trains at the Duisburg Intermodal Terminal (DIT), together with Chinese leaders. At that time, there were three trains operating to and from Duisburg and Chongqing every week. Today, the number has increased to over 25 per week.

Daniel Thomas, of DIT Duisburg Intermodal Terminal, said that among them, 17 trains are westbound (from China to Europe), while another eight are eastbound.

According to data from consultants GFW Duisburg, the number of Chinese businesses has grown steadily since 2014. More than 100 Chinese companies have so far settled here. At the same time, around 50,000 import and export containers were transported by CRE trains in 2016, almost four times of the amount in 2014.

Construction started China funded Hungary Serbia line

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The symbolic launch of the project on Tuesday on the outskirts of the Serbian capital of Belgrade took place on the same day Chinese Premier Li Keqiang was meeting Budapest with the prime ministers of both countries, Serbia’s Ana Brnabic and Hungary’s Viktor Orban.

Orban has called the upgraded railway, which has been criticized by Hungarian opposition parties as too expensive and more important for China than Hungary, the “flagship project” of China’s efforts to increase its presence in the region.

On Monday, Hungary hosted the “16+1” summit between China and 16 countries from Eastern Europe. 23 agreements are expected to be signed between participants at the summit. China has set aside a $10 billion eastern european fund.

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projects completed to date seems to consist of a bridge in Serbia and two roads in Macedonia — and little else. Chinese firms have invested heavily in port infrastructure in Greece, but CEE dreams that China would use its Greek ports as gateways for the economic development of the Balkans have so far failed to materialize.

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1. Expand economic and trade scale, and boost trade and investment liberalization and facilitation. China is willing to import more high-quality agricultural products from the CEE countries.

2. Speed up major projects on connectivity, promoting links through land, sea, air and the Internet.

China hopes to see more rail lines be launched by China Railway Express and more direct flights between China and Europe and would like to set up a logistic center in the CEE region.

3. Look at setting up industrial parks in the areas of production capacity, energy, logistics and agriculture.

4. More financial support for the 16+1 cooperation. He announced the establishment of China-CEEC Inter-Bank Association and the second phase of China-CEEC Investment Cooperation Fund in a keynote speech to the seventh China-CEEC Economic and Trade Forum held earlier on Monday.

5. More cultural and people-to-people exchanges, enhance cooperation on tourism, and start cooperation between youths.

EU concerned about China reaching out to Eastern Europe

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