(26-12-2024, 09:01 PM)revealer Wrote:  Look at the labor participation rates.  It is catching up very quickly with the US and Japan. At the present rate 0f 66%,  it means 34% or about 500 million people r not in the workforce. That is more than the whole of USA and Japan combined r not working and they need to b fed.

Quote:China’s economy continues to exhibit weakness

New economic data from China signals that the weakness of domestic demand persists. This has been a prime concern of the government as it seeks to restore stronger economic growth. China has lately faced a series of headwinds that have led to slower growth. These include the problems in the residential property market, a loss of household wealth due to a decline in home prices, weak consumer spending, and weak private sector investment. These problems have been exacerbated by onerous demographics, with a decline in the working-age population and a halt to the internal migration that previously had boosted productivity. Moreover, China faces potential constraints on its ability to grow through exports.

https://www2.deloitte.com/us/en/insights/economy/global-economic-outlook/weekly-update.html

(26-12-2024, 10:55 PM)revealer Wrote:  Latest Gloomy analysis. Good luck

(26-12-2024, 10:55 PM)revealer Wrote:  Latest Gloomy analysis. Good luck

Quote:Chinese Bonds Post Best Returns in Decade With More Gains Seen

Chinese government bonds set for 9% total return this year
Demand for debt to stay strong on haven appeal: Bosera

By Bloomberg News
December 27, 2024 at 9:07 AM GMT+8

Chinese government bonds are primed for their best year in a decade, with local fund managers and strategists predicting more gains for 2025.

They are set to reap a 9% total return in 2024, the highest since 2014, as measured by a Bloomberg Index which excludes currency moves. The nation’s 10-year yields have plummeted 84 basis points since January, dropping to 1.71% on Thursday.

https://www.bloomberg.com/news/articles/2024-12-27/chinese-bonds-post-best-returns-in-decade-with-more-gains-seen

(27-12-2024, 10:23 AM)teaserteam Wrote:  China's industrial profits drop again for November 2024

Quote:China Employed Persons
In China, employed persons refer to persons aged 16 and over, who performed some work for compensation or business gains for one hour or more during the reference period; or who had work units or sites but were temporarily not at work during the reference period.

https://tradingeconomics.com/china/employed-persons

(27-12-2024, 10:41 AM)teaserteam Wrote:  However,  China has an increase in the number of employed people in 2023 in 8 years after a steep fall in 2022.  This is how they count the people as employed

(27-12-2024, 07:47 AM)webinarian Wrote:  Good news for China.  
The bubble is burst for property sector.
Thus China can avoid a 1977 1997 SEA financial crisis and a US 2008 US Lehman bro crisis.
Celebration!

(26-12-2024, 10:55 PM)revealer Wrote:  Latest Gloomy analysis. Good luck

Does anyone still remember this man's "gloomy" analysis  ?

(27-12-2024, 11:01 AM)Manthink Wrote:  Agree - it is clear the Chinese has acted and move away from overly reliance on real estate economy that runs on speculation and financial industry in an economy will have very dangerous outcome for any country. 

Just look decades of damages caused after Japan's 1990s property crash and the disaster the US had experienced since the 2008 Wall St. financial crash...

So it is good news to see a shrinking workforce in these sectors in China...

(27-12-2024, 11:04 AM)Manthink Wrote:  Does anyone still remember this man's "gloomy" analysis  ?