Chinese Economics Thread

[chlosy]

Foreigner already can buy an apartment in China.

1. Eligibility Requirements

To purchase residential property in China, foreigners must meet the following conditions:

Hold a valid Chinese residence permit (work or residence visa, not tourist visa).
Have lived in China for at least one year on a valid visa/residence permit.
Have worked in China for at least one consecutive year with proper employment documentation.
Purchase is for personal residential use only (not for resale or commercial use).
Must not already own a residential property in China.


I was hoping they'd let people on a tourist visa buy property

 

[GulfLander]

1. Eligibility Requirements

To purchase residential property in China, foreigners must meet the following conditions:

Hold a valid Chinese residence permit (work or residence visa, not tourist visa).
Have lived in China for at least one year on a valid visa/residence permit.
Have worked in China for at least one consecutive year with proper employment documentation.
Purchase is for personal residential use only (not for resale or commercial use).
Must not already own a residential property in China.


I was hoping they'd let people on a tourist visa buy property

Maybe they dont want to spike home prices much again? But there were "rjmours" before of Elon Musk buying a house in CN before right? Tho not sure if true.

 

[siegecrossbow]

What you see as a solution is what Trump and his people see as a problem. They know they are consuming affordable goods thanks to China but they see it as a problem because they no longer want America to be a consumer nation. They want to dial back the clock and go back to being a producer and creditor nation.

As long as speculators can make more money from scam cryptos there is snow ball’s chance in hell of the U.S. becoming a producer nation.

 

[supercat]

At this rate, China will export 6.16 million vehicles this year, about 35% of these will be NEV. In comparison, in 2024, China exported 5.86 million units as the world's largest vehicle exporter, while Japan exported 4.22 million as number two.

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2004:

China widened its lead over Japan as the world’s top vehicle exporter last year after toppling its East Asian neighbor for the first time in 2023, according to data released by trade groups in the two countries.

Japan’s vehicle exports dropped 4.7 percent to 4.22 million last year, the Japan Automobile Manufacturers Association said.

Vehicles shipped from China advanced 19 percent to 5.86 million in 2024, according to data released by the China Association of Automobile Manufacturers.

The top 10 markets for China’s vehicle exports in 2024 were Russia, Mexico, the United Arab Emirates, Belgium, Saudi Arabia, Brazil, the United Kingdom, Australia, the Philippines and Turkey, according to the China Passenger Car Association.

China exports of passenger vehicles such as sedans, crossovers, SUVs, multipurpose vehicles and minibuses rose 20 percent to 4.96 million last year, while commercial vehicle exports ― trucks and buses ― rose 18 percent to 904,000.

Japan’s 2024 vehicle exports include 3.82 million passenger vehicles, a decline of 4 percent, and 397,000 commercial vehicles, off 11 percent.

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[Nevermore]

At this rate, China will export 6.16 million vehicles this year, about 35% of these will be NEV. In comparison, in 2024, China exported 5.86 million units as the world's largest vehicle exporter, while Japan exported 4.22 million as number two.

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2004:

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Both Tesla models have seen sharp declines. What happened to Tesla?

 

[JimmyMcFoob]

Both Tesla models have seen sharp declines. What happened to Tesla?

Better Chinese competition in every way. Price, quality, finish, tech, etc.

 

[Wrought]

Both Tesla models have seen sharp declines. What happened to Tesla?

Nothing happened. That's the problem; they are basically standing still while the competition keeps moving forwards.

 

[tygyg1111]

Both Tesla models have seen sharp declines. What happened to Tesla?

Laggard product, poor design and meme CEO, vs cutting edge products, integration and model choice at better prices

 

[GulfLander]

China's Hubei launched its first China-Kyrgyzstan-Uzbekistan rail-road intermodal freight train. Exports from Wuhan are expected to reach Tashkent in 10 days, with transportation and insurance costs reduced.

....

China has discovered world's deepest sandstone industrial uranium mineralization 1,820 meters underground in Tarim Basin in northwest China's Xinjiang Uygur Autonomous Region, China Atomic Energy Authority (CAEA) announced on July 18.

 

[henrik]

At this rate, China will export 6.16 million vehicles this year, about 35% of these will be NEV. In comparison, in 2024, China exported 5.86 million units as the world's largest vehicle exporter, while Japan exported 4.22 million as number two.

Export of 6.16 million vehicles in 2025 vs 5.86 million vehicles in 2024, does not look like a lot of improvement.