Chinese Economy: General News, Updates and Discussions

[Sam6536]

‘We have to fix India’: Howard Lutnick says New Delhi must ‘open market, stop harming’ America

'We need to fix India': Howard Lutnick urges New Delhi to 'play ball' with Trump; 'avoid policies that harm US' - The Times of India

Donald Trump's commerce secretary, Howard Lutnick, on Sunday said India must \"react correctly\" to the United States, adding that \"we need to fix a bunch

timesofindia.indiatimes.com

 

[Sam6536]

Indians are undecided whether they are benefactors or the victim of this strange Theater.

Why not both?
There is no net positive or net loss. For now it's a net neutral.

American relations are suffering but Chinese relations are on a upward swing.

The litmus test will be if EU chooses an independent relationship with India irrespective of the US. It hinges on the FTA.

Whether it's a gain or a loss is seen in the long term effects.

 

[Sam6536]

‘We have to fix India’: Howard Lutnick says New Delhi must ‘open market, stop harming’ America

'We need to fix India': Howard Lutnick urges New Delhi to 'play ball' with Trump; 'avoid policies that harm US' - The Times of India

Donald Trump's commerce secretary, Howard Lutnick, on Sunday said India must \"react correctly\" to the United States, adding that \"we need to fix a bunch

timesofindia.indiatimes.com

They want us to open up our Agricultural market. Logically it would be political suicide for any party.

A vast majority of our population is engaged in agriculture. Indian farmers won't be able to compete with American mechanised business. Small scale farmers already survive barely on state sponsored subsidies.

 

[El Sidd]

Why not both?
There is no net positive or net loss. For now it's a net neutral.

Whether it's a gain or a loss is seen in the long term effects.

I speak English as a foreign language. If we summarise, would it suffice to say that India is a confused nation.

 

[Sam6536]

I speak English as a foreign language. If we summarise, would it suffice to say that India is a confused nation.

The better term would be to say that India doensn't have a clear foreign policy for any camp. It's still following the Third World Approach.

India is only on the side of India. This is the crux of the matter.

India never joined the American camp explicitly, it was a mutual relationship.

Political relations reset every decade or so. Pakistan should try to leverage it's current relationship. If you don't leverage it beyond the obvious defence part it won't be of any use.

 

[Mighty_Dragon_Strike]

idiot

The blip that shows a heart patient is alive and the blip with which he dies cannot weigh the same.


OR

Finished tungsten and aluminium may look the same, but aluminium is essentially dead in the presence of gallium.

 

[El Sidd]

The better term would be to say that India doensn't have a clear foreign policy for any camp. It's still following the Third World Approach.

India is only on the side of India. This is the crux of the matter.

India never joined the American camp explicitly, it was a mutual relationship.

For 1.5bn people to be voiceless and directionless while the rest of the world is on a hyperactive drive is a testimonial witness that concept of India and Indian is an outdated phenomenon.

 

[Raj-Hindustani]

I speak English as a foreign language. If we summarise, would it suffice to say that India is a confused nation.

I could say a very smart nation.

India knows how to work around during the challenges.

Best example is that india buying Russian oil and selling to her enemy Ukraine... Who else can do that except india?

A nation that can have good relationship with Palestine and same time with israel.

Saudi and same time with iran and so on.

India knows how to manage the relationship between two enemy and maintain the Good relationship with the both

 

[El Sidd]

I could say very smart nation.

India knows how to work around during challenges.

It remains to be seen how quick others are to catch up with the Indian smartness.

 

[Nan Yang]

Why is Shenzhen, China’s balmy southern tech hub, becoming a skiing destination?​

World’s largest indoor ski resort part of efforts to boost consumption by promoting winter sports​

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Xinyi Wu​

Published: 3:00pm, 28 Sep 2025 Updated: 5:33pm, 28 Sep 2025​

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Some Chinese skiers are travelling to an unexpected destination to take part in the winter sport: the hot and humid tech hub of Shenzhen in southern China’s Guangdong province, during next month’s eight-day National Day holiday, also known as the “golden week”.​

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Qianhai Huafa Snow World, which is being touted as the world’s largest indoor ski resort, is set to open there on Monday as authorities look to tie the winter sports economy to efforts to boost consumption.​

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The 10-hectare (24.7 acre) indoor ski area at the resort will feature five ski slopes, including one with an 83 metre (272.3 feet) vertical drop.​

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“It’s great that they built this. Skiers won’t have to sit through boring summers any more,” said Xie Siya, a 30-year-old resident of Guangzhou, Guangdong’s provincial capital, who plans to visit the resort during the holiday. A maximum temperature of 30 degrees Celsius (86 degrees Fahrenheit) has been forecast for the break.​

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Like many other Chinese people, she started skiing three years ago following a surge in the popularity of winter sports fuelled by the 2022 Beijing Winter Olympics.​

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She now hits the slopes at least once a month, spending around 1,000 yuan (US$140) at indoor ski resorts or upwards of 5,000 yuan a month on trips to open-air slopes during the winter.​

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That kind of spending is exactly what Beijing hopes to encourage. As the world’s second-largest economy shifts towards a consumption-driven model, China increasingly sees the sports sector as a source of economic vigour – with winter sports a major pillar.​

Most Chinese are still beginners when it comes to doing these sports

Sienna Parulis-Cook, Dragon Trail​

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In a push to build a 7 trillion yuan (US$981.5 billion) sports sector by 2030, China aims to ramp up access to ice and snow sports – once naturally limited to northern regions that receive heavy snowfall in the winter – across the country, according to a directive issued by the State Council this month.​

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A report released by the country’s sports administration last month showed that, as of April, China was home to over 700 outdoor ski resorts and 79 indoor ones – including five in Guangdong. The number of indoor ski resorts across the nation was up almost 34 per cent year on year, and another 16 were under construction.​

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“Despite the rapid development of ski resorts and interest in winter sports, most Chinese are still beginners when it comes to doing these sports,” said Sienna Parulis-Cook, marketing and communications director at the Dragon Trail business consultancy.​

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“Another thing that sets the Chinese winter sports travel market apart is that Chinese travellers generally are not going to go all the way to Europe, for example, just to ski.”​

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Instead, they often wanted to see a variety of things rather than spend an entire week at a single resort, she said.​

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Parulis-Cook said that meant people in the south of the country might be more interested in trying a day of skiing or snowboarding if they did not have to travel too far from home and could combine it with other activities.​

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Guangdong’s ski resorts are also attracting consumers from across the border in Hong Kong.​

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Xie said Guangzhou Sunac Snow World, another major indoor ski resort in the region, had welcomed an increasing number of Hongkongers in recent years.​

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Snowboarder wearing grill sells meat skewers on Chinese mountain, ends up banned​

“We call it Hong Kong Sunac Snow World sometimes,” she joked, adding that there were often long queues to get on the slopes on days that were public holidays in Hong Kong.​

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A continuing rise in the number of Hongkongers flocking north to shop and dine has boosted Shenzhen’s post-pandemic economic recovery.​

Hong Kong residents spent 12.27 billion yuan in non-cash transactions in Shenzhen last year, according to the Shenzhen branch of the People’s Bank of China. That was a year-on-year increase of 81 per cent and accounted for nearly 62 per cent of all non-cash transactions by foreign visitors to the city.​

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Most of the spending by Hongkongers occurred on weekends and holidays, with the central bank saying it had created a “weekend economy” that has become a key driver of consumption.​

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Some Hong Kong residents are eagerly awaiting the opening of Qianhai Huafa Snow World, which will be only about an hour’s subway ride away after they pass through the Lok Ma Chau border checkpoint.​

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“I’ve always wanted to try skiing. Doing it in Shenzhen is convenient and not too expensive,” said Ada Lau, adding that she plans to visit the resort once it opens.​

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“I already visit Shenzhen every few weeks anyway. It’s great to have a new experience to try.”​

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Prices at Qianhai Huafa Snow World will start from 348 yuan for three hours on the beginner slopes in the off-season.​

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Spending on winter sports-related activities rose over 25 per cent year on year last winter to more than 187.5 billion yuan, according to China’s sports administration.​

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[K2RULEZ]

I could say a very smart nation.

India knows how to work around during the challenges.

Best example is that india buying Russian oil and selling to her enemy Ukraine... Who else can do that except india?

A nation that can have good relationship with Palestine and same time with israel.

Saudi and same time with iran and so on.

India knows how to manage the relationship between two enemy and maintain the Good relationship with the both

Trump is dealing properly with India. You can continue your relationship with China. That will most definitely screw up relations with the US.

 

[WAZA]

Russia is trying to bring India and china closer and move india further from America. Russia and china are also main backer of Afghanistan. It is just a matter of time when india and china relationship will be stronger than china and Pakistan.

Pakistan elite selling itself to the west who are unreliable ally will not end well for them

 

[Foinikas]

Another propaganda bot poster joined the forum?

 

[K2RULEZ]

Russia is trying to bring India and china closer and move india further from America. Russia and china are also main backer of Afghanistan. It is just a matter of time when india and china relationship will be stronger than china and Pakistan.

Pakistan elite selling itself to the west who are unreliable ally will not end well for them

"Saaaaar, Taliban India bhai bhai. China India bhai bhai. Trump is evil and West is bad! Jai Hind!"

 

[Nan Yang]

Inside the world’s largest indoor ski resort.