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Not really something to celebrate when one is selling more for lesser profits. It means difficult selling ahead when they will have to sell harder to get ends meet.
Quote:China's industrial profit declines accelerate as demand weakens
BEIJING, Sept 27 (Reuters) - Profits at China's industrial firms shrank at a faster pace in January-August, as strict COVID restrictions and a deepening property slump weighed on domestic demand, adding to uncertainties about the faltering economy.
Industrial profits fell 2.1% in the first eight months of 2022 from a year earlier, after a 1.1% drop logged in January-July, according to data from the National Bureau of Statistics (NBS) released on Tuesday.
https://www.reuters.com/markets/asia/chi...022-09-27/
Omi.. Thank you for bumping up the message.
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(This post was last modified: 28-09-2022, 09:28 AM by
cityhantam.)
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Ireland's Ambassador to China: Hainan Free Trade Port beneficial and innovative
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China exports COVID and KTV girls on record la what else
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(01-10-2022, 12:46 AM)Sharexchange Wrote: China exports COVID and KTV girls on record la what else
You kena conned by KTV girls ah?
So poor thing ah?
(This post was last modified: 01-10-2022, 12:47 AM by
cityhantam.)
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https://www.yicaiglobal.com/news/chinese...mand-jumps
Chinese Exporters of Air Source Heat Pumps Thrive as European Demand Jumps
The value of China’s exports of air source heat pumps soared 68.2 percent in the first six months from the same period last year to CNY3.4 billion (USD489 million), accounting for almost half of all sales, and the growth rate for the whole year is expected to top 50 percent, industry consulting platform Chinaiol said.
Demand in Europe, in particular, is exploding as many European governments bring in substantial subsidies of up to EUR5,000 (USD5,000) to encourage the use of these green heating devices that can be used as air conditioning systems in homes and offices as well as in hot water systems. Export volumes to Italy, Poland and Spain all expanded by more than 50 percent in the first half from a year ago.
Last year, China exported around two million air source heat pumps to Europe. Industry insiders are optimistic that the annual export volume could top 10 million units in the next few years.
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Don't waste time with this bunch of monkeys! Know nuts about the economy!
From their responses you can straightaway tell they are jealous, clueless and worse not even comfortable and convinced about their own posts. But they have no choice - they must keep up with the lies - if they retract and recant they would be the biggest jokes and laughing stocks in this forum community - so what to do - die die must continue to keep up with the lies!
(This post was last modified: 01-10-2022, 08:54 AM by
sporeguy.)
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前三季度,东盟为中国第一大贸易伙伴,中国与东盟贸易总值为4.7万亿元,增长15.2%,占中国外贸总值的15.1%。其中,对东盟出口2.73万亿元,增长22%;自东盟进口1.97万亿元,增长6.9%;对东盟贸易顺差7536亿元,扩大93.4%。
🔺欧盟为中国第二大贸易伙伴,中国与欧盟贸易总值为4.23万亿元,增长9%,占13.6%。其中,对欧盟出口2.81万亿元,增长18.2%;自欧盟进口1.42万亿元,下降5.4%;对欧盟贸易顺差1.39万亿元,扩大58.8%。
🔺美国为中国第三大贸易伙伴,中国与美国贸易总值为3.8万亿元,增长8%,占12.2%。其中,对美国出口2.93万亿元,增长10.1%;自美国进口8651.3亿元,增长1.3%;对美国贸易顺差2.07万亿元,扩大14.2%。
🔺同期,中国对“一带一路”沿线国家合计进出口10.04万亿元,增长20.7%。其中,出口5.7万亿元,增长21.2%;进口4.34万亿元,增长20%。
(This post was last modified: 25-10-2022, 12:19 AM by
cityhantam.)