(12-07-2024, 11:08 PM)WhatDoYouThink! Wrote:  Third world bankrupt poor ahtiongs no choice but to continue working very hard, cannot afford to stay home play games and wait for mama to cook

Quote:China's imports fell by 2.3% in June from a year ago in U.S. dollar terms. That contrasts with a forecast of 2.8% growth, according to a Reuters poll.

(13-07-2024, 01:38 PM)sgbuffett Wrote:  Do you even understand what you posted???

If chjna internal demand collapses it's trade surplus will be highest because of the falling imports.

China imports remain weak as its internal demand is weak due to the collapsed housing sector. Because of the strong economy in the exports .markets like US 
, chjna exports more to have a bigger trade surplus


The large export could be also due to importers j. Those countries importing more ahead of tariffs being imposed.

(13-07-2024, 12:57 PM)Sharexchange Wrote:  Moral collapse. Thats the key.

(13-07-2024, 01:39 PM)aiptasia Wrote:  Talking cock as always.

(13-07-2024, 01:55 PM)lylcnn Wrote:  Luckily the world economy elsewhere is strong can pull china up's bit, else the china economy in worse shape

(13-07-2024, 02:10 PM)WhatDoYouThink! Wrote:  Aiya dun worry lah. China has collapsed many times, they're still around and continue to give you worries. One day you collapse china is still around

(13-07-2024, 02:10 PM)Manthink Wrote:  Problem with sgbuffett  is his beloved fixation for a "China Collapse" has failed him to see the obvious larger picture which tis the Message the NYT reporter is saying  in the Final paragraph of this NYT article:


The emphasis on industrial expansion to offset China’s housing crisis is evident in official data: Net new bank loans to industrial borrowers reached $614 billion in the 12 months through March. That was six times annual lending to those borrowers before the pandemic, and almost exactly replaced the loans that previously went to the real estate sector.

(13-07-2024, 02:14 PM)Manthink Wrote:  LOL! Just an hour ago you only mention about "imports shrank" but for forget China's export surge. 

Now you claims China is "lucky" because of other economy is "stronger"

Which part of the article says that ?

(13-07-2024, 11:51 PM)lylcnn Wrote:  Aiyoh..."other economies" refer to rest of world lah, USA, Jipun, etc....Their economies strong so able to buy and consume a lot of China goods. So China exports are high lah.
Internally China's economy is weak, confidence low and consumption also low, hence import growth not strong or even YoY drop....
Both above factors contribute to the record surplus lor....Which part do you find funny, or find contradictory?

Quote:Factories in China already make almost a third of the world’s manufactured goods. Xi Jinping, the country’s top leader, has set a national goal of fostering “new quality productive forces,” with an emphasis on building even more factories with lots of robots and other automation.

(13-07-2024, 02:10 PM)Manthink Wrote:  Problem with sgbuffett  is his beloved fixation for a "China Collapse" has failed him to see the obvious larger picture which tis the Message the NYT reporter is saying  in the Final paragraph of this NYT article:


The emphasis on industrial expansion to offset China’s housing crisis is evident in official data: Net new bank loans to industrial borrowers reached $614 billion in the 12 months through March. That was six times annual lending to those borrowers before the pandemic, and almost exactly replaced the loans that previously went to the real estate sector.

(14-07-2024, 02:33 AM)Manthink Wrote:  Izzit ? I last checked US Debt has topped US$ 30Trillion that got IMF worried &  the Yen fell to the lowest in nearly 40 years that forced Jipun Gov to support it....

"their economies strong" ?   hmmm

https://www.businesstimes.com.sg/international/japan-issues-fresh-warnings-against-sharp-yen-falls

https://www.washingtonpost.com/business/2024/06/27/imf-warning-united-states-debt/

(13-07-2024, 02:10 PM)WhatDoYouThink! Wrote:  Aiya dun worry lah. China has collapsed many times, they're still around and continue to give you worries. One day you collapse china is still around

(14-07-2024, 07:15 PM)lylcnn Wrote:  just look at respective countries' companies' record profits, rising salaries, and unemployment rates...

(13-07-2024, 11:51 PM)lylcnn Wrote:  Aiyoh..."other economies" refer to rest of world lah, USA, Jipun, etc....Their economies strong so able to buy and consume a lot of China goods. So China exports are high lah.
Internally China's economy is weak, confidence low and consumption also low, hence import growth not strong or even YoY drop....
Both above factors contribute to the record surplus lor....Which part do you find funny, or find contradictory?

(14-07-2024, 07:55 PM)Tee tiong huat Wrote:  Got a good laugh...

This result was a good news for China, a record monthly trade surplus of over $99 billion.

(16-07-2024, 10:06 PM)Tee tiong huat Wrote:  How did China go from a poor society, devastated by World WarII & its own civil war by mid-20th century, to number two (2) economy today?. 
After decades of economic stagnation setbacks under Communist rule, China began to open itself to international trade & liberalize economy when it established diplomatic & trade relations with U.S. in 1979. As its subsequent export growth fueled  growth of manufacturing & urbanization, China rose to be a major global economic power over the next four decades. The year China’s export surged in June, customs admin reported Friday & imports shrank, with Chinese companies households becoming more cautious about spending money.

This result was a good news for China, a record monthly trade surplus of over $99 billion.