Chinese Economics Thread

Wrought

Wrought

Captain
Registered Member
Can't wait for the screeching about overcapacity of uh, checks notes, foie gras?

The Chinese love affair ⁠with foie gras has been so intense that some industry analysts and participants expect China to soon be the world's biggest producer, perhaps next year or even this year. China's foie gras production may have hit as much as 14,000 tons last year, according to previously unreported estimates from five China-based industry analysts. That would represent a jump of roughly 30% from 2024 and compares with estimates of just 2,000 tons a decade ago. France — the world's leading producer — saw output slip 3% to 15,044 tons last year.

"It's worrying that they're developing so quickly," said Fabien Chevalier, chair of the French foie gras industry group CIFOG. "We didn't see them coming like that." Together France and China account for over 80% of global output, with Hungary and Bulgaria also making sizeable amounts.
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Iracundus

Junior Member
Registered Member
GiantCanofWater said:
I don’t know. I just think that given the current circumstances, China doesn’t really have any other choice but fix the stock market if it wants to grow.

Just throwing out whatever I’m thinking (complete bs speculation) but pre made in China 2025, china’s economy was largely driven by infrastructure investment and manufacturing. And most people already had their money in the infrastructure/real estate instead of the stock market. It was useful to keep it there instead of stocks. I’m not ruling out the possibility that it’s because of control or ideology though.

You say that there are other sectors that can be reformed. Can you list them? I really cannot think of anything else that would really make an impact.
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I personally think something like a state promoted ETF with major dividend paying SOE's like the big banks, telecoms, energy companies etc... could be promoted as a means of safe stable wealth building. It would channel profits of the companies back to the individuals and they are effectively having ownership in the capital and means of production. It might not explode upwards but it would steadily grow through reinvestment of dividends, or it would serve a steady income for people that are unable to work for whatever reason. I guess it would be sort of like a sovereign wealth fund except with individual people being able to participate.
 
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