Politics China's Economy and Politics

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Horrible they are polluting so much. All Fake even their Green Revolution while massively building coal plants. Yeti you still have the naive Westerner beliebig every propgsnda lie. Heck even investors do it.

The 5G tractor 😂 I even saw that posted by CCP fans as a top China scientific masterpiece.

It is built out of a 7$ 3D modelling kit...

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But countries like Germany still want to put them in (China components) everywhere.

They are subversing everything through cultural and scientific vehicles and also enablers and applying their propaganda there.

Politicians should be forced to watch those videos.
 
So what is it now? You can not trust their numbers...and if they don't like anything what comes up. They just change the calculation method. Problem solved dumb Western investor dumps more money and tech into China. That they got rid of due dilligence is just the icing.

WSJ


CGTN (CCP)

 
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Researchers have sought alternatives to gauge growth.

One organization is the U.S.-based China Beige Book, which claims to regularly survey businesses in China in order to put out reports on the economic environment.

Earlier this year, the firm's data "showed there was no revenge spending wave or a bombastic recovery," said Shehzad Qazi, New York-based managing director at China Beige Book.

"Wall Street's predictions of blockbuster growth in China were first based on hype, and then juiced up by China's inflated GDP prints into early 2023."

The resulting low figure helps Beijing make a case for supporting the economy, the analysts said in a July 17 report. "Understand what you are seeing in this year's GDP data: these are artificially constructed narratives for various audiences, not reports on China's economic performance."

Investment bank research is often known as the "sell-side," since it is meant to inform buyers about financial products and company stocks.

In the case of China, Qazi pointed out that "investment banks are not only incentivized to sell a 'China booming' story, but given their business interests in China, they are also unwilling to publish any views that can be seen as critical of China's economy."
 

Researchers have sought alternatives to gauge growth.

One organization is the U.S.-based China Beige Book, which claims to regularly survey businesses in China in order to put out reports on the economic environment.

Earlier this year, the firm's data "showed there was no revenge spending wave or a bombastic recovery," said Shehzad Qazi, New York-based managing director at China Beige Book.

"Wall Street's predictions of blockbuster growth in China were first based on hype, and then juiced up by China's inflated GDP prints into early 2023."

The resulting low figure helps Beijing make a case for supporting the economy, the analysts said in a July 17 report. "Understand what you are seeing in this year's GDP data: these are artificially constructed narratives for various audiences, not reports on China's economic performance."

Investment bank research is often known as the "sell-side," since it is meant to inform buyers about financial products and company stocks.

In the case of China, Qazi pointed out that "investment banks are not only incentivized to sell a 'China booming' story, but given their business interests in China, they are also unwilling to publish any views that can be seen as critical of China's economy."
China-U.S. Trade Report

Well, here is a non-Chinese gauge of the state of economic affairs.

Mexico overtakes China as #1 U.S. trading partner. At least until the U.S. begins bombing the Mexicans.:rolleyes:
 
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Looks like China is thoroughly broken. Stuck at 12000 $ gdp coupled with heavy structural problems originating from their fantasy numbers propaganda policy and crazy subsidies to always sell cheaper than the competition.

Nobody buys Chinese because its better or innovative.

Now nobody even buys if its cheaper. Many companies even have a no buy from China policy.
 
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