China China China
China Sees ‘Unprecedented’ Difficulty in Stabilizing 2022 Trade
uncensored
Publish date: Mon, 03 Jan 2022, 10:24 AM
uncensored
0 33
China, the country that has gone through one of the fastest economic transformations the world has ever seen.
You see, for the last 30 years, China's economy has grown significantly. Due to industrialization. China has achieved similar economic growth which previously took decades to achieve for the western world. The country has managed to become the world's factory and the 2nd biggest economy. But in recent times things have been changing, and not in a good way.
You see, for the last 30 years, China's economy has grown significantly. Due to industrialization. China has achieved similar economic growth which previously took decades to achieve for the western world. The country has managed to become the world's factory and the 2nd biggest economy. But in recent times things have been changing, and not in a good way.
China faces “unprecedented” difficulty in stabilizing trade next year as favorable conditions that boosted export growth this year won’t be sustainable, according to a commerce ministry official.
Export gains may slow as competing countries recover their production capacities and as inflation that pushed up export values gradually eases, Ren Hongbin, vice minister of the commerce ministry, said at a briefing in Beijing on Thursday. This year’s rapid export gains also make the base of comparison higher for 2022, he said.
China will enhance trade companies’ awareness and ability to manage foreign-exchange risks, according to Ren. The government will also step up efforts to ease pressures from international logistics and supply chain problems, he said, vowing to actively ensure the supply of commodities.
We will “make every effort to keep foreign trade running within a reasonable range,” Ren said. These cross-cyclical measures are meant to help stabilize trade in early 2022, he said. He expected China’s goods imports and exports to grow more than 20% in 2021 to a total of $6 trillion.
Ren’s comments echo concerns raised earlier this week by Commerce Minister Wang Wentao, who said it will be hard for China to keep its trade growth stable next year.
China’s exports have stayed resilient throughout the year, providing some support for an economy that’s been weighed down by regulatory crackdowns and repeated virus outbreaks. Overseas shipments have posted double-digit gains in every month this year, with an exception in February when shipments jumped 155% from a year-earlier slump.
But the outlook for trade is less certain, as overseas appetite for Chinese goods is set to weaken if the global economic recovery loses steam. Chinese exporters are also battling high raw material prices, as well as surging labor and freight costs.
https://www.bloomberg.com/news/articles/2021-12-30/china-sees-unpreced...
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Discussions
Be the first to like this. Showing 50 of 299 comments
"Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society."
This is called COMMON PROSPERITY
where everyone enjoyed the same right & same wealth
2022-01-24 16:58
This is your own understanding of common prosperity and not what China leaders have in mind.
So please only speak for yourself and don't put words into other people mouth.
Posted by uncensored > Jan 24, 2022 4:56 PM | Report Abuse
"Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society."
This is called common prosperity
2022-01-24 17:01
Sslee do you know why he needed to say that. Because it is against Marxism or Socialism and the others communists leaders are against its. He knew that common prosperity defintely cannot to achieve under Capitalism. He is facing life or death for CPC . Hence he got no choice but chosen Capitalism
2022-01-24 17:02
https://en.m.wikipedia.org/wiki/Socialism_with_Chinese_characteristics#:~:text=The%20theoretical%20system%20of%20socialism,Chinese%20circumstances%20and%20specific%20time
By the way china system is called socialism with Chinese characteristics (Chinese: 中国特色社会主义)
2022-01-24 17:07
WHAT DOES 'COMMON PROSPERITY' MEAN?
"Common prosperity" was first mentioned in the 1950s by Mao Zedong, founding leader of what was then an impoverished country, and repeated in the 1980s by Deng Xiaoping, who modernised an economy devastated by the Cultural Revolution.
Sslee the above was taken from the article link that posted by you. Mao has mentioned "Common prosperity" in 1950s. I am sure that you do agreed that Mao definitely not a capitalist. He is a socialist or communist right ?
>>>>>>>>>>>>>
Posted by Sslee > Jan 24, 2022 4:43 PM | Report Abuse
https://www.reuters.com/article/china-economy-prosperity-idUSKBN2FY0HF
>>>>>>>>>>>>>>>>>>
Posted by Sslee > Jan 24, 2022 5:01 PM | Report Abuse
This is your own understanding of common prosperity and not what China leaders have in mind.
So please only speak for yourself and don't put words into other people mouth.
Posted by uncensored > Jan 24, 2022 4:56 PM | Report Abuse
"Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society."
This is called common prosperity
2022-01-24 17:10
What is China’s common-prosperity strategy?
https://www.scmp.com/economy/china-economy/article/3146271/what-chinas-common-prosperity-strategy-calls-even
I posted both article one by reuter and another by SCMP so that readers can see the different how Western and Eastern understanding of what China's common prosperity means.
2022-01-24 17:19
You also can called china system as Socialism with Emperor Xi characteristics (Chinese: 中国习近平特色社会主义). Its does not matter.
Wolf always wolf even you called its lamb
Hahahahah
"Capitalist" will always be a capitalist even you called him a "listacap"
China's suv Geely Boyue when exported to Malaysia is called Proton X70. Just change a bit here & there...then difference name. Does Geely Boyue changed ?
Hahahahaa
CPC always like to copycat & just change a bit then renamed its to different name...
Sslee please be logical la... Can't you see ...hehehehehe
>>>>>>>>>>>>>>>>>
Posted by Sslee > Jan 24, 2022 5:07 PM | Report Abuse
By the way china system is called socialism with Chinese characteristics (Chinese: 中国特色社会主义)
24/01/2022 5:38 PM
2022-01-24 17:46
CHINA TECH
Deal breaker? China nationalizes strategic tech with eye on US
Beijing takes control of 44 companies despite Washington pressure in trade talks
Meiya Pico, a Chinese digital forensics and cybersecurity company, has come under state control. (Photo from the company's website)
SHUNSUKE TABETA, Nikkei staff writer
January 17, 2020 04:46 JST
BEIJING -- China is taking throngs of high-tech companies under its wing to prepare for a protracted standoff with the U.S. despite calls from Washington to step back from the business sector.
The two countries signed a "phase one" trade deal Wednesday, but deferred thorny topics like intellectual property protections and Chinese state subsidies for a second round of negotiations expected to start soon. The nationalization of high-tech companies could become a potential roadblock in the so-called phase two talks.
A total of 165 listed Chinese companies changed ownership in 2019, roughly 60% more than the year before due to China's economic slowdown, according to the China Securities Journal, a newspaper backed by the state-run Xinhua News Agency.
Of those that changed ownership, 44 companies, with a combined market capitalization of about $36 billion, were acquired by state-owned companies or government-run investment companies. Many were involved in highly strategic fields like surveillance and information systems.
The largest on the list, with a market capitalization of about $2.3 billion, is Xiamen Meiya Pico Information. The company, which was put on a U.S. trade blacklist in October, works with law enforcement officials in digital forensics and online censorship, and is now under the control of the state-owned State Development & Investment Corp.
Shenzhen Infinova, bought by a Shenzhen government investment company, produces items like surveillance systems for law enforcement. Its products have been sold to over 100 countries, including in North America and Europe.
Another surveillance system provider, NetPosa Technologies, was acquired by Sichuan Province's investment arm.
The trend extends beyond security-related businesses. Shenzhen Yinghe Technology makes production equipment for lithium-ion batteries, which is one of the industries promoted under President Xi Jinping's "Made in China 2025 initiative. Yinghe was bought by state-owned Shanghai Electric Group.
Ygsoft, which makes artificial intelligence-driven software for the power industry, is now under the State Grid Corp. of China.
China's regional and other governments have raised about 500 billion yuan ($72.7 billion) since late 2018 to rescue struggling private-sector businesses, 86 billion yuan of which had been used by the end of June 2019, local media reported.
But only 11 of the 44 recently taken over by state enterprises were in the red in 2018. Meiya Pico's net profit increased 10% that year on a 20% jump in revenue, while Infinova and NetPosa logged a 50% and 20% sales increase, respectively.
The government likely picked these companies to protect them amid the growing technological rivalry between China and the U.S. The administration of U.S. President Donald Trump has been targeting Chinese tech companies through tariffs and embargoes, concerned that they could challenge the U.S. in new, strategic fields.
Private-sector companies are a main driver of the Chinese economy, accounting for more than 80% of the country's employment and more than 60% of gross domestic product, according to the All-China Federation of Industry and Commerce.
But they were outperformed by state-owned compares for the second straight year. Private companies earned 1.59 trillion yuan in profits in the first 11 months of 2019, less than the 1.6 trillion yuan by state-owned companies, based on data from the National Bureau of Statistics.
The nationalization of private tech companies "is one of the Communist Party's support measures," a regional government official said.
Not all see it as a positive development. "The government is strengthening its grip over private-sector companies and pressuring them," said one financial executive.
https://asia.nikkei.com/Business/China-tech/Deal-breaker-China-nationalizes-strategic-tech-with-eye-on-US
2022-01-25 00:02
What is the WELFARE STATE like in the socialist CHINA of XI JINPING? - VisualPolitik EN
VisualPolitik EN
1.14M subscribers
What kind of welfare state is there in the People's Republic of China? What are its public services like? How do they work? Theoretically China is a socialist country, but... how does this shape up in practice? In this video we tell you the most important facts about how the welfare state works in the great Asian power.
https://www.youtube.com/watch?v=UlNFR8fMHSk
2022-01-25 14:57
北京多區爆疫情，軍隊接管，武警進駐地鐵，滿街紅袖標站崗；國際憂共軍冬奧後犯台，傳蓬佩奧3月訪台見蔡英文；美政府撤回強制令；萬輛卡車奔加國，抗議強制。
強制令失敗 美政府將撤回大公司員工疫苗令
加拿大萬輛卡車前往首都 抗議強制接種疫苗
2021年無陪伴越美境兒童數 創歷史新高
世衛組織：警惕奧密克戎亞變種BA.2傳播
輝瑞宣布試驗 針對奧密克戎病毒的疫苗
FDA限制使用兩款抗體藥物 稱對奧密克戎無效
冬奧前多區爆疫情 軍隊接管 北京如臨大敵
新疆又現疫情 霍爾果斯市爆病例
北京冬奧面臨人權惡評 贊助商審時度勢 猶走鋼絲
全球腐敗國家排名：中共高行賄率跨境貪腐
紐約法輪功支持者 敬祝李洪志師父新年快樂
貝泰首席工程師觀神韻：一生至少看一次
國際憂共軍冬奧後犯台 傳蓬佩奧3月訪台力挺台灣
美國房價漲幅放緩 房市出現降溫跡象
瞄準室內垂直農場 沃爾瑪等公司投資4億美元
台灣屏東燈節登場三大燈區 邀請民眾新年走春賞燈
https://www.youtube.com/watch?v=eRwACv1Cx6s
2022-01-26 20:50
北京多區爆疫情，軍隊接管，武警進駐地鐵，滿街紅袖標站崗；國際憂共軍冬奧後犯台，傳蓬佩奧3月訪台見蔡英文；美政府撤回強制令；萬輛卡車奔加國，抗議強制。
強制令失敗 美政府將撤回大公司員工疫苗令
加拿大萬輛卡車前往首都 抗議強制接種疫苗
2021年無陪伴越美境兒童數 創歷史新高
世衛組織：警惕奧密克戎亞變種BA.2傳播
輝瑞宣布試驗 針對奧密克戎病毒的疫苗
FDA限制使用兩款抗體藥物 稱對奧密克戎無效
冬奧前多區爆疫情 軍隊接管 北京如臨大敵
新疆又現疫情 霍爾果斯市爆病例
北京冬奧面臨人權惡評 贊助商審時度勢 猶走鋼絲
全球腐敗國家排名：中共高行賄率跨境貪腐
紐約法輪功支持者 敬祝李洪志師父新年快樂
貝泰首席工程師觀神韻：一生至少看一次
國際憂共軍冬奧後犯台 傳蓬佩奧3月訪台力挺台灣
美國房價漲幅放緩 房市出現降溫跡象
瞄準室內垂直農場 沃爾瑪等公司投資4億美元
台灣屏東燈節登場三大燈區 邀請民眾新年走春賞燈
https://www.youtube.com/watch?v=eRwACv1Cx6s
2022-01-26 20:51
中共戰略性調整中國經濟，各國要抄作業；陸公務員：降薪是政府沒錢讓你吐錢；鐮刀想永生，老韭菜也就成了菜；中共全球最完整工業體系炫耀成詛咒？香港出走潮！銀行家待遇
阿波罗新闻网 - 热点直击
282K subscribers
00:00 本期内容摘要
01:43 公職人員：降薪是政府沒錢了，讓你吐錢
06:04 中共對本國經濟的戰略性調整，各國準備抄作業
07:43 全球最完整工業體系的炫耀和詛咒
10:27 鐮刀想永生，老韭菜也就成了菜
12:30 大陸豬企溫氏股份去年預虧至少130億
13:12 香港爆外籍人士加速出走潮！銀行家待遇再高也不去
https://www.youtube.com/watch?v=jSAbxFFTEDs
2022-01-27 21:05
【#中國禁聞】北京病例持續增加，核酸檢測系統癱瘓；真沒錢了！深圳公務員三個月未發工資；杭州疫情嚴峻，大巴車街頭拉人隔離；爆雷不斷，中國三地產大亨身價暴跌；美駐華大使未到中國，先申請撤離|#新唐人電視台
新唐人電視台
Description
【#中國禁聞】北京病例持續增加，核酸檢測系統癱瘓；真沒錢了！深圳公務員三個月未發工資；杭州疫情嚴峻，大巴車街頭拉人隔離；爆雷不斷，中國三地產大亨身價暴跌；美駐華大使未到中國，先申請撤離|#新唐人電視台
新唐人電視台21,622 viewsPremiered 4 hours ago
#新唐人電視台 #中國禁聞 #北京疫情
北京病例持續增加 核酸檢測系統癱瘓
真沒錢了！ 深圳公務員連續三月未發工資
杭州疫情嚴峻 大巴車街頭拉人隔離
爆雷不斷 中國三地產大亨身價暴跌
美駐華大使未到中國 先申請撤離
1月27日完整版
北京冬奧會臨近，但北京的中共病毒疫情持續升溫，僅中共當局公布的病例，目前就有本土確診病例75例。至於真實的數據有多少，外界還無法知曉。1月27號，當地的中、高風險區增加到了7個。
從去年底開始，中國一些最富裕的省份都傳出公務員減薪消息，江蘇、浙江、廣東、福建和上海等地受到第一波衝擊。深圳一名公務員告訴新唐人，政府真的沒有錢了，他們已經差不多三個月沒發工資了。
除了北京緊張，浙江杭州也因Omicron病毒變異株流傳，而加強了控制。1月27號，浙江官方下令，控制民眾新年聚會的人數和規模，規定家庭聚餐不可超過10人，5桌以上的宴會活動，需向政府報備。
過去的2021年，中國多家大型房地產開發商爆發債務危機，房地產企業股價紛紛下跌。中國房市也陷入一片低迷。評論分析，新的一年，中國房地產市場危機還會繼續。
北京冬奧會開幕在即，有消息稱，美國正在考慮「授權撤離」駐華使領館，免受中共防疫措施的影響。而新任美國駐华大使還沒正式踏入中國，也申請將外交人員撤離中國，引發關注。
https://m.youtube.com/watch?reload=9&v=5ZWUs0sKegI&feature=youtu.be
2022-01-28 13:30
How Evergrande Became China’s Biggest Financial Headache
Bloomberg Quicktake
3.01M subscribers
Once one of China’s most successful developers, Evergrande has been labeled a defaulter and is more than $300 billion in debt. Now it's racing to restructure as bondholders warn of possible enforcement action.
https://www.youtube.com/watch?v=OABQT3gyYmA
2022-01-29 12:50
中國男足虎年初一獻/現大眼，1-3敗給越南；球運預示國運？中國多人團隊項目雄風不振的原因找到了！（文昭談古論今20220202第1046期）
https://www.youtube.com/watch?v=DaOVnybPw94
2022-02-05 10:58
财经冷眼：经济萧条下的财富收割逻辑链，投资要避免的几个大坑！（20220207第725期）
https://www.youtube.com/watch?v=wCp6r6Ias7A
2022-02-07 22:30
借高利貸擴張，輸得連褲衩都不剩，惠州房企巨頭破產，200多項資產被賤賣，老闆躲在香港不敢出來。
读懂研报
借高利貸擴張，輸得連褲衩都不剩，惠州房企巨頭破產，200多項資產被賤賣，老闆躲在香港不敢出來。破產的原因是找高利貸借款，徹底玩崩了槓桿。我們都知道房地產的膽子大，加槓桿是常有的事情。當初曹德旺說恆大膽子大，39個億就敢玩2萬億的負債。而這個郭耀名沒有本事從銀行弄錢，就轉身去找了高利貸。
其實郭耀名還真不能怪銀行，銀行提供了80%的資金，20%是信託給的錢，但是2011年房地產政策調控之後，郭耀名一下子就被打蒙了，誰讓他太過依賴銀行呢？無奈之下， 他想到了上市圈錢，可惜的是，兩次買殼失敗，花了12億元，打了水漂，真是雪上加霜。
無奈之下就去找民間借貸了，也就是高利貸。從2011年開始計算，高利貸佔了融資的三分之一。不僅借得多，而且借的時間長。一般民間借貸是兩三個月，但是光耀借的時間，長到利息跟本金差不多了，十五億元的本金，利息就十幾個億，這怎麼還的起？
https://www.youtube.com/watch?v=VG0ngCmEvZg
2022-02-09 21:13
徐州通報「處理結果」，鑑定缺權威性；多罪只罰一罪，董志民被刑拘？買女人僅罰千元，鍾某仙慘過楊某俠；百萬人失蹤，警察「不重視」；習近平或被制裁？美中斷交不遠
新聞看點 李沐陽
03:10三級公安做鐵案 董志民被刑拘？
05:02鑑定缺失權威性 通報關鍵點模糊
08:37多罪只罰一罪？ 處理欲蓋彌彰
12:09買女人僅罰千元 鍾某仙慘過楊某俠
16:25百萬人失蹤 警察不重視
19:19習近平或被制裁 美中斷交不遠
22:17制裁中共必須大膽 能否通過看中選
https://www.youtube.com/watch?v=0Q0_XbgtcU0
2022-02-11 21:48
China's largest battery maker plunges again, 31 billion dollars market value evaporated
China Reports - The BL
12.9K subscribers
Shares of CATL, China's largest battery maker, plummeted again. On February 10, its stock price plunged by nearly 9%. Since February, its market value has evaporated by more than 200 billion yuan (31 billion dollars).
Contemporary Amperex Technology Co. Limited (CATL) was founded in Ningde and used its Chinese name - 'Ningde era' or 'Ningde Times.' According to public information, as of September 30, 2021, CATL had 134,200 shareholders with a market capitalization of over 1 trillion yuan (157 billion dollars) on the Growth Enterprise Market (GEM).
In early trading on February 10, the Ningde Times stock price fell below the 500 yuan (79 dollars) mark. The decline narrowed at the end of the day and finally closed down 5.32% at 518.1 yuan (81.5 dollars). Affected by the slump in heavyweight stocks such as Ningde Times, the A-share ChiNext Index fell 2.36%.
https://www.youtube.com/watch?v=yiHzYe4eBOY
2022-02-12 13:57
Hahahaha Sslee.... SSlee...
What are you trying to say ? Shares of CATL, China's largest battery maker, plummeted again because of Facebook shares price dropped ? Or the others way around ?
Sslee are your rationing logical or NOT ?
What logic do you tied CATL share price with Facebook share price ?
Are you applying the same logic behind Uncle Koon comparing Press Metal compared with Prestar and Leon Fuat ?
Hahahahahahaha
>>>>>>>>>
Posted by Sslee > Feb 12, 2022 2:04 PM | Report Abuse
Know how much facebook owner Meta market capital loss in a single day?
2022-02-12 15:25
For person with 3 different i3 user ID with similar identical roles could considered normal but if difference ID users with different roles & characteristic then better go to consult a psychiatrist.
This is my humble advise.
Hahahahahaha
God Bless you.
2022-02-12 15:35
So what has CATL share price anything to do with Bursa listed companies share price?
2022-02-12 18:05
Hahahaha... look at the title of this blog. It is all about China
China
China
Who asked you to come here ???
Hahaha
2022-02-12 19:34
Having said that...But if you are a season investor with good knowledge of international economy & local economy then your should concern what happen to the world 2nd biggest economy in the world ie China.
2022-02-12 19:51
I am newbie in investment so are you a season investor? If so what share to buy next week?
2022-02-12 19:52
Why should I lead you ? Hahaha
》》》》
Posted by Sslee > Feb 12, 2022 7:51 PM | Report Abuse
I am newbie in investment so are you a season invester? If so what share to buy next week?
2022-02-12 19:55
Friday’s Close:
Dow-503.53: 34,738.06: -1.43%
Nasdaq-394.487: 13,791.15: -2.78%
S&P-85.44: 4,418.64:-1.90%
Is this the end of US market bull run and the start of bear market?
2022-02-12 20:43
Shares investment is for long term. Don't need to bother much of Short term fluctuations.
Hahahaha...
2022-02-12 20:45
If Shares investment is for long term. Don't need to bother much of Short term fluctuations, then how to excape a market meltdown or market bubble busting?
2022-02-12 20:55
Long term means at least 10 years above. Forget about TA. Invest based on FA. Markets after melted down will rebound again at much higher level.
2022-02-12 20:59
Elderly people usually don't like as they don't have time to wait.
Hahaha
2022-02-12 21:01
Young people also don't like as long term shares investment is not exciting at all.
2022-02-12 21:02
Young people or young at heart people or elderly people will try to profit from market fluctuation. So are you young people or young at heart people or elderly people?
2022-02-12 21:16
Right loh!...bcos u r a sillysoohaaiii....not fit to argue with honorable sifu sslee mah!
Posted by uncensored > Feb 13, 2022 11:03 AM | Report Abuse
My answer is not important to you. Right ?
2022-02-13 11:14
Stockraider Now not using shareinvestor888 aah?
Ai yo yo
Your ac...
shareinvestor888
Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 16/02/2022. Please refer to the Terms and Conditions of Use and Community Standards of this portal.
2022-02-13 11:17
3 more days will be out from jail mah!
Lu tau boh ?
Posted by uncensored > Feb 13, 2022 11:18 AM | Report Abuse
Ok la banned one then create another la....
2022-02-13 11:21
China can't hide its employment crisis, expert says #Shorts
China Reports - The BL
13.1K subscribers
China can't hide its employment crisis, expert says #Shorts
On February 9, the Chinese newspaper "People's Daily" published an article in its overseas edition to encourage "flexible employment."
"Flexible employment" refers to those who are employed in flexible forms such as part-time, temporary, and flexible work.
https://www.youtube.com/watch?v=rBFYrXycMjc
2022-02-13 14:42
China faces a severe cash crunch and consumer purchasing power plummets
TODAY NEWS
China faces a severe cash crunch and consumer purchasing power plummets.
https://www.youtube.com/watch?v=kTnTRe_mb08
2022-02-18 13:33
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sslee
Deng said that allowing some people and regions to become rich first would speed up growth and would help achieve the ultimate goal of common prosperity.
In 1985, Deng is quoted as having said that “we will fail if our policies lead to rich-poor polarisation, and we will really be on an evil path if some new bourgeoisie is created [due to the wealth disparity]”.
2022-01-24 16:57