Chinese Economy: General News, Updates and Discussions

[Beijingwalker]

 

[Beijingwalker]

 

[Beijingwalker]

 

[Beijingwalker]

 

[Beijingwalker]

 

[Beijingwalker]

Chinese Navy Hospital Ship- Peace Ark

The Chinese hospital ship Peace Ark has visited 45 countries and regions since 2008, providing medical services to over 290,000 people, and sailing over 280,000 nautical miles. The ship is known for conducting humanitarian missions, providing free care, and enhancing diplomatic ties

• Geographic Reach: The ship has visited 45 countries and regions, including recent visits to Seychelles, Tanzania, Madagascar, Mozambique, South Africa, Angola, Republic of the Congo, Gabon, Cameroon, Benin, Mauritania, Djibouti, and Sri Lanka.
• Newer Vessel: The Silk Road Ark (or Ark Silk Road) is also part of the Harmony series, initiating its own overseas voyages in 2025, expanding China's maritime medical capacity.

 

[东风夜放花千树]

We are used to it. Western countries now only have this little ability left.

Really disgusting.

 

[Beijingwalker]

Chinese hospital ships rob and deprive the medical capability of the developing nations of taking care of their own people.

 

[atmi_bum]

Who knew billionaires could exist in socialist China? Great job, CCP!

 

[Beijingwalker]

 

[Beijingwalker]

China's trade dominance​

China has gained global export market share in nearly all manufacturing sectors over the past decade. These gains span low-value-added consumer goods, such as apparel and textiles, as well as advanced products including automobiles. The expansion in advanced sectors is consistent with broader evidence of rising research and development intensity and innovation capacity in China, as documented in Ates and Jeon (2025).

Therefore, contrary to the common view that China would move up the value chain as it gradually exhausted its pool of low-cost labor, it has expanded into higher-value sectors without ceding market share in lower-value industries.

Note: Ppt. denotes percentage points. Sector definitions use SITC codes: Chemicals (5); Furniture (82); High-tech goods (75-77); Apparel and textiles (61, 65, 83-85); Metals and its products (67-69); Other manufactured goods (62-64, 66, 81, 86-89); Transport equipment (78-79); Other machinery (71-74). Trade excludes commodities.

Source: UN Comtrade ; Authors' Calculations.

 

[Hamartia Antidote]

Who knew billionaires could exist in socialist China? Great job, CCP!

Yes, China shares its wealth instead of being like the US with top heavy billionaires..

Of course once they surpass the US...then "magically" billionaires aren't evil or a problem anymore..

 

[Blain2]

The most equitable countries in the world don't even make the list...that is because they do a much better job of distributing wealth than any of the 3 making the list. Having billionaires isn't necessarily a *good* thing for the masses in most countries.

 

[Nan Yang]

Yes, China shares its wealth instead of being like the US with top heavy billionaires..

Of course once they surpass the US...then "magically" billionaires aren't evil or a problem anymore..

You are really being naive.
Billionaires runs the government in United States.
Billionaires bankroll the politicians in United States.
And in returns, politicians enact laws to benefits the billionaires
This is Capitalism.

 

[RescueRanger]