SG Talk

BEIJING — China reported Monday that third-quarter gross domestic product grew by 3.9% from a year ago, beating expectations.

Analysts polled by Reuters prior to Oct. 18 had expected China to report GDP growth of 3.4% for the third quarter.

The officially released 3.9% year-on-year growth for the third quarter marked a pickup from 0.4% in the second quarter, bringing year-to-date growth to 3%.

https://www.cnbc.com/2022/10/24/china-th...r-gdp.html

(24-10-2022, 10:58 AM)sporeguy Wrote: [ -> ]BEIJING — China reported Monday that third-quarter gross domestic product grew by 3.9% from a year ago, beating expectations.

Analysts polled by Reuters prior to Oct. 18 had expected China to report GDP growth of 3.4% for the third quarter.

The officially released 3.9% year-on-year growth for the third quarter marked a pickup from 0.4% in the second quarter, bringing year-to-date growth to 3%.

https://www.cnbc.com/2022/10/24/china-th...r-gdp.html

If CCP data can believe, you can eat shit and call yourself shitguy

(24-10-2022, 11:00 AM)ROFLMAO Wrote: [ -> ]If CCP data can believe, you can eat shit and call yourself shitguy

Ohhh so we can believe you and your shitty mouth! Remember your brain is in your arse! How to believe!? When mouth opens your smelly fart explodes out!

(24-10-2022, 11:00 AM)ROFLMAO Wrote: [ -> ]If CCP data can believe, you can eat shit and call yourself shitguy

Hey please do not infringe the copyrights act - your fellow shitty companion already called shitexchange - how can you bastardised his name!

The stock market says it all - CRASHING today....LOL

LOL ..shitguy full of shit ...

So now according to ROFLMAO

shitexchange = shitguy

(24-10-2022, 11:05 AM)sporeguy Wrote: [ -> ]So now according to ROFLMAO

shitexchange = shitguy

 I dunno who is shitexchange.. If you like him , talk to him..

Sgbutt said "delayed indefinitely...." 

All these people are anti Chinese and brain washed by ang mo media, no point arguing with them, they are worrying the growth of the China. They cannot accept China take over America in term of trade and others.

Typical ang mo straight.

Industrial production rose by 6.3%, well above the 4.5% increase expected by Reuters.

Fixed asset investment rose by 5.9% for the first three quarters of the year, a touch below Reuters’ forecast of 6%.

3.9% only.....Collapsing Ship

(24-10-2022, 11:33 AM)Sharexchange Wrote: [ -> ]3.9% only.....Collapsing Ship

Ya lor so low!

USA, Japan and European countries much 'better" lor! 

(24-10-2022, 11:36 AM)growthorvalue Wrote: [ -> ]"Industrial production" growth matches all the record exports by China (reported by other countries)...

the world shld not be worried about china's lockdown... they shld worry about china opening up... cos its going to create even more inflation (china is now consuming less energy due to lockdown).... forcing fed to continue to raise rate...

Everything China does also can be labelled as BAD lah! 

(24-10-2022, 11:33 AM)Sharexchange Wrote: [ -> ]3.9% only.....Collapsing Ship

How many % u want

Market bochap. y?

Simple reasons.  Retail sale jin jialat. Vital stat all down

(24-10-2022, 11:36 AM)growthorvalue Wrote: [ -> ]"Industrial production" growth matches all the record exports by China (reported by other countries)...

the world shld not be worried about china's lockdown... they shld worry about china opening up... cos its going to create even more inflation (china is now consuming less energy due to lockdown).... forcing fed to continue to raise rate...

Eu stagflation is more due to self infected, Cn open up impact on inflation is not that much. 
If Eu willing to buy 4 -7 times energy price, what has to do with Cn. 

The current situation is at one end some essentials are lacking but on 
the other end overproduction is wide spread as world economy slow.

Ind govt when punish Chinese invested plants is directly cut their export to Cn.
It take time to grow own products unless they can come with own systems
and standard.

Investors are voting with their feet.
Enough said.

(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.

(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

1/2 hr to go for Shanghai and HangSeng another 1.5 hours before closing time. China bourses red

(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

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.

(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

When a country reaches a certain stage of development, they'll depends less on manufacturing.

(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.

(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.