Chinese Economy: General News, Updates and Discussions

[Beijingwalker]

Thank you.

Those chinese were our comrades. We honour them with deep respect. My late father worked side by side with them in designing the Tazara railways.

But the new chinese are NOT comrades. They are looting our country.

Was Africa any better when it was not "looted" by China 30 years ago?

 

[uhuru]

Was Africa any better when it was not "looted" by China 30 years ago?

I am not going to a level of a paid monger..

 

[Beijingwalker]

I am not going to a level of a paid monger..

You are if you can't answer that simple question.

 

[uhuru]

You are if you can't answer that simple question.

hmm... a 24x7 online paid monger... what else can be attributed to it.

Come here, I will give you money to do real job...

It is a pity.. you are too cheap to be replaced by Huwei AI bots... amazing. what will you do for work then?

 

[Beijingwalker]

hmm... a 24x7 online paid monger... what else can be attributed to it.

Come here, I will give you money to do real job...

It is a pity.. you are too cheap to be replaced by Huwei AI bots... amazing. what will you do for work then?

lol, 24/7, is that what your CIA clock tells you? are you one of them?

 

[Mehmed Bey]

Shitshow from Vietnamese semi legal immigrat in China.

 

[Mehmed Bey]

lol, 24/7, is that what your CIA clock tells you? are you one of them?

View attachment 34141

Always tedious and dumb answer, one and the same. I think that you are over payed.
I got it , those pesky social points.

 

[Beijingwalker]

Always tedious and dumb answer, one and the same. I think that you are over payed.
I got it , those pesky social points.

How much CIA pays you?

 

[Mehmed Bey]

How much CIA pays you?

Let me talk to the real Chinese and I will tell him. A low payed Vietnamese labourer is of no interest to me.
Ass licker are beneath my dignity

 

[Beijingwalker]

Let me talk to the real Chinese and I will tell him. A low payed Vietnamese labourer is of no interest to me.
Ass licker are beneath my dignity

Vietnamese? me?

 

[Mehmed Bey]

Vietnamese? me?

Yes , I remember on the old forum a real Chinese said so. The guy was a Chinese and as the real Chinese, obviously he knows his colonial property

 

[Beijingwalker]

Yes , I remember on the old forum a real Chinese said so. The guy was a Chinese and as the real Chinese, obviously he knows his colonial property

lOl, anyone else thinks I m a Vietamese like this guy does?

 

[Hendarto]

Cheap labor is not the only factor in China's economic development. China has long ceased to be a "cheap labor" country Here are the stats From Kanthan blog
https://twitter.com/Kanthan2030
S.L. Kanthan

@Kanthan2030

Excerpt from the article:“Bloomberg and most economic experts in the US do not understand manufacturing, which is not purely determined by cheap labor.

Look at the charts below from The Economist and Financial Times The first one shows how wages in China have grown exponentially over the last two decades – and much higher than other emerging Asian countries.

However, paradoxically, China’s share of global manufacturing has also grown during the same period. Last year, China’s trade surplus in goods was nearly $900 billion – a staggering amount. The lesson here is that India can afford to pay high wages and still succeed in manufacturing.
https://twitter.com/Kanthan2030/status/1780509867507323151/photo/1

 

[Joe Shearer]

Cheap labor is not the only factor in China's economic development. China has long ceased to be a "cheap labor" country Here are the stats From Kanthan blog
https://twitter.com/Kanthan2030
S.L. Kanthan
@Kanthan2030

Excerpt from the article:“Bloomberg and most economic experts in the US do not understand manufacturing, which is not purely determined by cheap labor.

Look at the charts below from The Economist and Financial Times The first one shows how wages in China have grown exponentially over the last two decades – and much higher than other emerging Asian countries.

However, paradoxically, China’s share of global manufacturing has also grown during the same period. Last year, China’s trade surplus in goods was nearly $900 billion – a staggering amount. The lesson here is that India can afford to pay high wages and still succeed in manufacturing.

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View attachment 34491

People tend to let their dislike of the Chinese dictatorship colour their thinking about China, the Chinese and conditions in China, in the present case, the remarkable story of China's phenomenal climb to the top of the charts in global manufacturing.

That miracle was not a cheap labour miracle. It was the distillation of Chinese (= East Asian) social collectivism into the best methods of modern manufacturing. Those of us who wish to progress, and look at what happened to China for inspiration, ignore this social aspect at our peril.

 

[Hendarto]

People tend to let their dislike of the Chinese dictatorship colour their thinking about China, the Chinese and conditions in China, in the present case, the remarkable story of China's phenomenal climb to the top of the charts in global manufacturing.

That miracle was not a cheap labour miracle. It was the distillation of Chinese (= East Asian) social collectivism into the best methods of modern manufacturing. Those of us who wish to progress, and look at what happened to China for inspiration, ignore this social aspect at our peril.

Yup, economic development can't be separated from cultural underpinning. Notice how East Asia is becoming the world center of economic gravity. Look at Vietnam the country was mired in war for most of the last century. Yet now she has one of the fastest economies in the world. Also, Argentina was once the richest country in the world now she has become a pauper