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Jim Veenbaas
Jim Veenbaas
1 year ago

“Between 2019 and 2022 Chinese exports to developing economies almost doubled, and now rival its exports to developed economies.”

This is an interesting statement and possibly a significant one. I wish the author added some numbers and context to it. What exactly does rival mean? And what are the exports? I doubt it’s consumer goods.

Vijay Kant
Vijay Kant
1 year ago
Reply to  Jim Veenbaas

Basically, Chinese factories are assembling their Chinese manufactured parts in other developing countries. This is done to overcome other developing countries’ regulations and import duty on assembled goods. For example, Chinese phone manufactures are now assembling their mobile phones in India for the Indian and MEA market. The components of these phones are manufactured in China.

Vijay Kant
Vijay Kant
1 year ago
Reply to  Jim Veenbaas

Basically, Chinese factories are assembling their Chinese manufactured parts in other developing countries. This is done to overcome other developing countries’ regulations and import duty on assembled goods. For example, Chinese phone manufactures are now assembling their mobile phones in India for the Indian and MEA market. The components of these phones are manufactured in China.

Jim Veenbaas
Jim Veenbaas
1 year ago

“Between 2019 and 2022 Chinese exports to developing economies almost doubled, and now rival its exports to developed economies.”

This is an interesting statement and possibly a significant one. I wish the author added some numbers and context to it. What exactly does rival mean? And what are the exports? I doubt it’s consumer goods.

Prashant Kotak
Prashant Kotak
1 year ago

“…With many of them facing the dole queue, is there a chance that some might follow the money and go to China?…”

They might. As might economists from Ireland!

Prashant Kotak
Prashant Kotak
1 year ago

“…With many of them facing the dole queue, is there a chance that some might follow the money and go to China?…”

They might. As might economists from Ireland!

CHARLES STANHOPE
CHARLES STANHOPE
1 year ago

Are you serious? Our Money-Lenders flee to China, whatever next!

However if ‘they’ go, I trust they will recall that the Chinese have a propensity for executing financial malefactors in Football Stadiums. Something sadly we studiously refuse to do, despite the enormity of the damage ‘they’ have inflicted upon us in recent years,

Dougie Undersub
Dougie Undersub
1 year ago

As long as Andrew Bailey doesn’t join the exodus, the Chinese economy should be OK.

Dougie Undersub
Dougie Undersub
1 year ago

As long as Andrew Bailey doesn’t join the exodus, the Chinese economy should be OK.

CHARLES STANHOPE
CHARLES STANHOPE
1 year ago

Are you serious? Our Money-Lenders flee to China, whatever next!

However if ‘they’ go, I trust they will recall that the Chinese have a propensity for executing financial malefactors in Football Stadiums. Something sadly we studiously refuse to do, despite the enormity of the damage ‘they’ have inflicted upon us in recent years,

j watson
j watson
1 year ago

Not so sure, esp about Financiers relocating.
Were you pondering this you might want to pause and consider – the most techno-totalitarian state ever; the greatest ever degree of mass personal surveillance; a likely South China sea confrontation after Taiwan elections in 24 – and the mother of all recessions to follow; the fact the West is awaking from it’s slumber about the degree of infiltration and technological theft into and from it’s companies, it’s institutions, it’s Universities, and via a constant campaign of social media driven mis-information to sow division and discord – and as the West awakens we will start to slam these doors including penalties for those supporting the CCP regime in their business dealings; the thought of a cell next to Jimmy Lai and many Hong Kong folks who had done nothing wrong with no legal redress; the coming demographic timebomb, and just to keep it cheerful – the next pandemic.
Not much selling it for me, but there will be some no doubt.

j watson
j watson
1 year ago

Not so sure, esp about Financiers relocating.
Were you pondering this you might want to pause and consider – the most techno-totalitarian state ever; the greatest ever degree of mass personal surveillance; a likely South China sea confrontation after Taiwan elections in 24 – and the mother of all recessions to follow; the fact the West is awaking from it’s slumber about the degree of infiltration and technological theft into and from it’s companies, it’s institutions, it’s Universities, and via a constant campaign of social media driven mis-information to sow division and discord – and as the West awakens we will start to slam these doors including penalties for those supporting the CCP regime in their business dealings; the thought of a cell next to Jimmy Lai and many Hong Kong folks who had done nothing wrong with no legal redress; the coming demographic timebomb, and just to keep it cheerful – the next pandemic.
Not much selling it for me, but there will be some no doubt.

Ian Stewart
Ian Stewart
1 year ago

More foolish short termist investors who’ll get found out when Xi escalates his threats to Taiwan.