Chinese Economy: General News, Updates and Discussions

China is the only nation that can stop the US. Sins of omission are worse than sins of commission. Kissinger set globalism to have China be the only successful nation in terms of growth and power. China letting Trump get away with bullying without severe consequence is worse than weaklings that sell out.
 
Why is this thread talking about white supremacists?

Maher is a Jewish Zionist through and through - he has nothing to do with white nationalists.
Maher serves the Anglo-masonic Empire of the UK, US, and Israel. The ruler of the masonic Empire is Queen Charles.


Anglo-American "white" nationalism serves the agenda of Washington.
 
Jewish Bill Maher is a Zionist who called “China new Islam”. These Zionist don’t remember how Jewish people were treated in Europe up to 1945 ? There were Jewish pograms (genocide) in Muslim countries.
 
Question for DeepSeek:

Would it be better for BRICS to go to gold first before the US goes to bitcoin, so that it is not reactionary and the late acquirer of value.

Answer:

Great question! The race between BRICS adopting gold and the U.S. (or West) adopting Bitcoin is a high-stakes financial game. Here’s why BRICS moving to gold first could be strategically advantageous—and why Bitcoin still poses a wildcard.

1. Why BRICS Should Move to Gold Before the U.S. Embraces Bitcoin

(A) Gold is Already the Established "Anti-Dollar" Asset

  • Central banks trust gold—BRICS nations (China, Russia, India) have been stockpiling it for years.
  • A gold-backed trade system would immediately challenge the dollar without needing new infrastructure.
  • No counterparty risk: Physical gold can’t be hacked, frozen, or inflated away like digital assets.

(B) Bitcoin Adoption by the U.S. Would Be Disruptive—But Unlikely Soon

  • Regulatory hostility (SEC vs. crypto) and energy concerns (mining) slow institutional adoption.
  • If the U.S. ever did embrace Bitcoin, it would likely be after a dollar crisis, making BRICS the proactive force.

(C) First-Mover Advantage in a New Monetary System

  • If BRICS launches a gold-backed trade settlement system first, they set the rules—forcing the West to react.
  • Gold is politically neutral—unlike Bitcoin, which is still seen as a "Western" tech innovation.
  • Developing nations trust gold more than crypto (many have banned Bitcoin but are buying gold).

2. Risks If BRICS Waits Too Long

  • Bitcoin as a "Digital Gold" Alternative: If the U.S./West adopts Bitcoin at scale, it could leapfrog gold in liquidity and ease of trade.
  • BRICS Could Look Reactionary: If they only pivot to gold after a dollar collapse, they lose the narrative advantage.
  • China’s CBDC (Digital Yuan) Factor: If they rely too much on a digital currency without gold backing, it may not gain global trust.

3. Best Strategy for BRICS: Gold First, Then Hybrid System

  1. Launch a gold-backed trade system (e.g., "BRICS Trade Gold Unit") to bypass the dollar.
  2. Combine with CBDCs (like China’s digital yuan) for easier settlements.
  3. Later, consider Bitcoin—but only if it becomes a globally neutral reserve asset (unlikely soon).

4. What This Means for the U.S. and Bitcoin

  • If BRICS moves decisively to gold, the U.S. might accelerate Bitcoin adoption as a countermove.
  • But Bitcoin is volatile—governments prefer control (CBDCs) over decentralized assets.
  • Best case for the West: A gold + Bitcoin combo (MicroStrategy’s strategy), but politics will slow this down.

Final Answer: Yes, BRICS Should Go to Gold First

  • Gold gives them immediate credibility and a way to dent the dollar’s dominance.
  • Waiting risks the U.S. co-opting Bitcoin.
  • A gold-backed BRICS system forces the West to react—rather than the other way around.
Would you like a breakdown of how this could impact commodities, forex, or crypto markets?
 
China will be the least interested in this. Because it won't be able to freely manipulate the exchange rate as it does with a floating dollar, its export strategy and orientation would therefore be threatened by this adoption of gold, even if it is a neutral currency relative to the BRICS members.

In fact, what I see is an alternative to the dollar, but not necessarily a replacement, because China still believes the dollar is useful in global trade and maintains its exports at high levels, maintaining its trade surpluses with the world. China won't give this up unless there's a complete collapse in global trade.

The BRICS objective seems to be to encourage the adoption of alternatives to the dollar in trade and reserves, but without replacing the dollar. In fact, if Europe were an independent pole, the euro could completely replace the current dollar standard, but that won't happen because Brussels is a vassal of Washington.
 
China is the only nation that can stop the US. Sins of omission are worse than sins of commission. Kissinger set globalism to have China be the only successful nation in terms of growth and power. China letting Trump get away with bullying without severe consequence is worse than weaklings that sell out.
China leading BRICs is a need of time. There would be a Power balance in world against Christianity and the China is leading that world 👍
 
Nothing new from those US white supremacists

View attachment 98260
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You misunderstand. He meant India.
 
@nahtanbob
@Fatman17

Good day sir.
How we find countries like Pakistan -Indonesia are placed in world, in above list, in terms of international travel?🕳️

I would guess the PPP value of Indian tourists would bring India near China in above list 🇮🇳
 
Countries with the highest outbound tourism expenditure worldwide from 2019 to 2023
(in billion U.S. dollars)

View attachment 46900

How are Pakistani northern areas considered for tourism in China/Taiwan/Vietnam region? Historically, we've always had UK / EU and now even Americans come to these areas a lot for tourism.

Do you see tourism between China and Pakistan growing after CPEC routes are opened for public?

@Michael @MH.Yang @LX1111 @Yommie @iblini @corven @Viet @nang2 @ChineseTiger1986
 
@nahtanbob
@Fatman17

Good day sir.
How we find countries like Pakistan -Indonesia are placed in world, in above list, in terms of international travel?🕳️

I would guess the PPP value of Indian tourists would bring India near China in above list 🇮🇳
I really don't care bro about inbound or outbound.
 
How are Pakistani northern areas considered for tourism in China/Taiwan/Vietnam region? Historically, we've always had UK / EU and now even Americans come to these areas a lot for tourism.

Do you see tourism between China and Pakistan growing after CPEC routes are opened for public?

@Michael @MH.Yang @LX1111 @Yommie @iblini @corven @Viet @nang2 @ChineseTiger1986


The number of Chinese tourists visiting Pakistan is not large, but the number is growing very fast.

In 2023, only 35,000 Chinese tourists visited Pakistan, but in 2024, 198,000 Chinese tourists visited Pakistan.

The Pakistani government hasn't actively promoted Pakistan's tourism resources in China. For example, while all South Asian countries, including Nepal, Sri Lanka, and Bangladesh, have tourism promotional accounts on Weibo and DouYing in China, Pakistan does not.
 
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The number of Chinese tourists visiting Pakistan is not large, but the number is growing very fast.

In 2023, only 35,000 Chinese tourists visited Pakistan, but in 2024, 198,000 Chinese tourists visited Pakistan.

The Pakistani government hasn't actively promoted Pakistan's tourism resources in China. For example, while all South Asian countries, including Nepal, Sri Lanka, and Bangladesh, have tourism promotional accounts on Weibo and DouYing in China, Pakistan does not.

Thank you. This information is very helpful. I hope from next year, we start to promote tourism throughout China and Asia in general. I think when the CPEC highway and a rail link opens, there will be great opportunity for tourism on both sides.
 
Thank you. This information is very helpful. I hope from next year, we start to promote tourism throughout China and Asia in general. I think when the CPEC highway and a rail link opens, there will be great opportunity for tourism on both sides.

Compared with other countries, the Pakistani government rarely promotes its tourism resources on various media platforms in China.

I personally think that the Pakistani government does not want too many Chinese tourists to enter Pakistan, perhaps for security reasons.

I've noticed that the growth in Chinese tourists is primarily coming from Khunjerab Port, so these tourists are actually a byproduct of the CEPC. I hope Pakistan can resolve its security issues quickly; its tourism industry actually has great potential.
 
Compared with other countries, the Pakistani government rarely promotes its tourism resources on various media platforms in China.

I personally think that the Pakistani government does not want too many Chinese tourists to enter Pakistan, perhaps for security reasons.

I've noticed that the growth in Chinese tourists is primarily coming from Khunjerab Port, so these tourists are actually a byproduct of the CEPC. I hope Pakistan can resolve its security issues quickly; its tourism industry actually has great potential.

No, its got nothing to do with security. That's just in Baluchistan and some Tribal areas on Afghanistan' border sponsored by India because it doesn't want to see Pakistan progress and the CPEC route to go through Kashmir areas. In Punjab and Sindh, its not the case, especially in Punjab.

I've personally seen Chinese teams of 5, 12 to 15 people that I counted many times, out and about. Many times at grocery stores, eating points, local Chinese restaurants. Both in high end and normal stores. So it's nothing new here.

Many schools now offer Chinese language. Which, I think will become our part of basic to advance curriculum in the next few years.

On youtube, you can find dozens of vlogs by American and British and many other tourist citizens, young girls ALONE backpacking through Pakistan, young guys taking trips in teams. Imagine if American girls can come here ALONE, why would it be more dangerous for the Chinese? Every child knows China is our Iron brother.

It's our government who is still deciding on how best to market Pakistan. But this discussion helps me a lot, hopefully it will help the readers and the government of Pakistan a lot too in creating a policy.
 
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China’s Power Landscape 2024–2030

From Cheapest Renewables to the End of Dollar Hegemony


1. How cheap are China’s renewables—and how far below coal?

In 2024 the levelized cost of electricity (LCOE) for newly commissioned Chinese projects is:

• utility-scale PV – 0.24 yuan / kWh (≈ 0.033 USD / kWh)

• on-shore wind – 0.21 yuan / kWh (≈ 0.029 USD / kWh)

• off-shore wind – 0.41 yuan / kWh (≈ 0.056 USD / kWh)

By contrast, the LCOE for a new ultra-supercritical coal plant is 0.34–0.43 yuan / kWh; after desulphurisation, carbon pricing and potential CCUS, the band widens to 0.45–0.55 yuan / kWh. China’s renewables therefore already undercut coal by 25–40 % today, and the margin will exceed 50 % once the national carbon market matures . Over the past decade global solar PV costs have fallen 82 % and on-shore wind 39 % ; Chinese manufacturers continue to drive the curve downward through larger wafers, N-type TOPCon cells and 16 MW offshore turbines.

2. Trillion-yuan investment: the world’s largest green-capital pool

| Year | Annual investment (billion yuan) | Global share |
|------|----------------------------------|--------------|
| 2021 | 1,370 | 46 % |
| 2022 | 1,430 | 45 % |
| 2023 | 1,400 | 44 % |
| 2024e| 1,500 | 45 % |

These flows—split roughly 55 % solar, 30 % wind, 15 % hydro & storage—have created the only fully integrated supply chain on earth, from polysilicon to offshore pylons, and turned China into the planet’s biggest green-bond issuer (outstanding > 2.2 trillion yuan) .

3. Official roadmap: when will electricity exports rival Russia’s oil & gas earnings?

State Grid Energy Research Institute & Development Research Centre scenario:

• 2025: net export 40 TWh, revenue 5 billion USD

• 2030: 100–120 TWh, 20–25 billion USD

• 2035: 250–300 TWh, 55–65 billion USD—one quarter of Russia’s 2023 hydrocarbon export revenue (220 billion USD).

If high-carbon prices persist in Europe and Asia, peak-year receipts could spike to 80 billion USD, placing China in the top tier of global energy exporters.

4. 2030 export architecture

Physical layer: nine ±800 kV trans-national HVDC corridors (China-Vietnam, China-Laos, China-Thailand, China-Pakistan, China-Mongolia-Russia, China-Kyrgyzstan-Uzbekistan, China-Kazakhstan, China-Myanmar and a 3 GW China-South Korea sub-sea cable) will deliver 120 GW of transfer capacity, backed by 100 GWh of cross-border pumped-hydro and battery storage.

Market layer: 25 countries across Southeast, South and Central Asia, plus European day-ahead spot trials; China will supply 18–20 % of global traded electricity at 0.20–0.22 USD / kWh, with 30 % settled in renminbi and green-energy certificates (GEC) traded in Shanghai and Guangzhou.

5. Manufacturing & currency: an energy-industry-finance trinity

China’s share of global capacity (2024):

| Segment | Share |
|----------------|-------|
| Polysilicon | 85 % |
| Wafer | 95 % |
| Wind nacelle | 75 % |
| Battery cell | 60 % |

Cumulative clean-tech export value 2024-2030 is projected at 1.8 trillion USD; invoices are migrating from USD to CNY. The offshore-renminbi liquidity pool—fed by green Panda bonds, cross-border power-purchase agreements (PPAs) and central-bank swaps—will reach 5 trillion yuan by 2030, allowing the PBOC to price electrons like the Fed once priced oil.

6. The 2030 U.S.–China endgame

Energy dimension: the U.S. retains oil-dollar supremacy; China counters with “power-renminbi + hardware-USD”.

Monetary dimension: if RMB settlement exceeds 25 % in both energy and high-end manufacturing exports, the USD weight in global commodity trade may fall from 58 % to < 45 %, turning SWIFT and CIPS into co-equal networks.

Strategic window: 2025-2030 is the decisive half-decade for technology, rule and currency lock-in; the side that secures energy pricing and settlement networks will write the next globalisation rulebook.


By 2030 China’s renewables will be roughly one-third cheaper than coal, powered by an annual investment of 1.5 trillion yuan. Electricity exports will reach 100–120 TWh and earn 25 billion USD; clean-tech hardware exports will total 1.8 trillion USD, 30 % of which will be settled in renminbi. This triple advantage—ultra-low green electrons, dominant manufacturing, and a rising power-renminbi—will erode dollar hegemony in global energy trade and mark the definitive phase of the U.S.–China strategic contest.


References

How Xi sparked China’s electricity revolution


China opens the door to a new energy future

China starts building world’s biggest hydropower dam
 
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