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Omi.. Thank you for bumping up the message.
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(24-10-2022, 12:32 PM)growthorvalue Wrote: who care so much about Eu....
China fuel demand could drop 380,000 bpd in 2022 -Energy Aspects
Crude imports down 4.7% for Jan-Aug, 1st period drop since at least 2004
Road congestion down 50% in COVID-locked Chengdu from a year ago
Air bookings for Mid-Autumn holiday down nearly 40% from 2021
https://www.reuters.com/markets/commodit...022-09-09/
https://www.bloomberg.com/news/articles/...hina-slide
China opening up will push oil price above usd100 affecting not only EU but the rest of the world...
If Eu willing to buy 4 -7 times energy price, what has to do with Cn. << this is subsidized by EU gov so it try to cap the cost of living, yet, inflation is already >10% in EU.... how long can this last?
I do not buy the theory because when Cn did well, price did not raise that much compare to the war.
Unlike oil which Us has plenty in reserve, Us reserve in gas is less dominant role
despite being biggest gas export.
https://www.worldometers.info/gas/
further Us people also need gas.
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(24-10-2022, 12:49 PM)watchfirst9 Wrote: I do not buy the theory because when Cn did well, price did not raise that much compare to the war.
Unlike oil which Us has plenty in reserve, Us reserve in gas is less dominant role
despite being biggest gas export.
https://www.worldometers.info/gas/
further Us people also need gas.
It will come true if Commie China can continue to dominate the manufacturing market. But the manufacturing contribution to GDP is going the other way after Xi took over
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(This post was last modified: 24-10-2022, 01:22 PM by
teaserteam.)
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1/2 hr to go for Shanghai and HangSeng another 1.5 hours before closing time. China bourses red
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(24-10-2022, 01:15 PM)teaserteam Wrote: It will come true if Commie China can continue to dominate the manufacturing market. But the manufacturing contribution to GDP is going the other way after Xi took over
![[Image: Screenshot-2022-10-24-132127.jpg]](https://i.ibb.co/61phHFJ/Screenshot-2022-10-24-132127.jpg)
Their service sector grow especially online ecommerce since 2014 as shown in your data.
Also as more countries join the line of manufacturing, it is not impossible keep other from industrialization.
Only thing to do is innovate and make more value things.
(This post was last modified: 24-10-2022, 05:37 PM by
watchfirst9.)
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(24-10-2022, 01:15 PM)teaserteam Wrote: It will come true if Commie China can continue to dominate the manufacturing market. But the manufacturing contribution to GDP is going the other way after Xi took over
![[Image: Screenshot-2022-10-24-132127.jpg]](https://i.ibb.co/61phHFJ/Screenshot-2022-10-24-132127.jpg)
When a country reaches a certain stage of development, they'll depends less on manufacturing.
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(24-10-2022, 05:47 PM)winbig Wrote: When a country reaches a certain stage of development, they'll depends less on manufacturing.
True. Only if China labor cost is getting higher and it is losing competitive edge to other developing countries.
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(24-10-2022, 06:56 PM)teaserteam Wrote: True. Only if China labor cost is getting higher and it is losing competitive edge to other developing countries.
Even production line go Africa whereby their labour even cheaper to hire but do note The Big boss behind for these production plants are China.
I not pro china or USA, I comment base on how the countries work behind.
if you check my comment come any one comment China economic is bad , I will always say China Economics is always there.
This is why USA always feel treats from China and do note lots of items selling in USA also from China.
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