China Economy Forum

[cirr]

All aboard for Lop Nur

2012-7-17 | NEWSPAPER EDITION

Workers direct a crane to lay a segment of tracks on the Hami-Lop Nur line's railway bed in Lop Nur, Xinjiang Uygur Autonomous Region. The 367.8-kilometer line, the first to Lop Nur, a former lake now known as "the sea of death," is expected to be completed on Friday. The rail laying operation started in August 2010. The railway would speed up exploitation of potassium salt, one of China's rarest resources used in fertilizer production.

 

[Martian2]

Huawei MediaPad 10 gets new promotional video - SlashGear

"Huawei MediaPad 10 gets new promotional video
Eric Abent, Jul 22nd 2012

Huawei‘s upcoming MediaPad 10 FHD tablet is scheduled to launch next month, but for the uninitiated among us, the company has released a new promotional video that hits all of the tablet’s big talking points. There are a lot of them too – the tablet itself is pretty impressive, so it’s only natural that Huawei would want to show it off in a video that’s bound to make at least a few of the tablet-obsessed public giddy with excitement.

As stated above, the MediaPad 10 has no lack of notable features, but the star of this promotional video has got the be the 1920 x 1200 IPS display. The video also touts the tablet’s 8.8mm thickness, along with its quad-core CPU and 16-core GPU, which together provide a “smooth” gameplay experience. The 10.1-inch tablet also comes equipped with an 8-megapixel camera with dual LED fill-flash and Android 4.0 Ice Cream Sandwich, so there really doesn’t seem to be anything holding the MediaPad 10 back from becoming a serious competitor within the tablet market. Check out the promotional video below.

Of course, it wouldn’t be much of a promotional video if it didn’t also try to hype the tablet’s less-technical features, such as the “refined metallic surface” and its “luxurious yet subtle” nature. All of that hype isn’t wasted on us though, because now we just want to get our hands on it. We’ll get our chance soon, as the MediaPad 10 is due out in late August with a reported price point that comes in under $500. If you’re interested in learning more, be sure to check out our hands-on with the Huawei MediaPad 10!"

 

[eachus]

just got some history info on 2 countries, that shows how things were developed in the pass.

Steel production(ton):
Country ...1913....1930....1950....2010....
India ...... 63K ... 600K .. 1374K ... 68M
China ..... 43K .... 15K ... 16K ... 627M


Coal production(ton):
Country ...1913....1950....1993....2010....
India ...... 15M ... 32M ... 264M ... 521M
China ...... 9M .... 32M .. 1150M .. 3240M


Oil production(ton):
Country ...1910.....1950....1993.....2010....
India ...... 818K ... 253K .... 26M ... 39M
China ....... 0 K ... 118K ... 145M .. 203M


electricity power(KWH):
Country ...1913.....1940....1950.....2010....
India ...... N.A ..... 2.5B ... 49B ... 922B
China ..... 460M ... 2.8B ... 43B .. 4207B

 

[shuttler]

just got some history info on 2 countries, that shows how things were developed in the pass.

Steel production(ton):
Country ...1913....1930....1950....2010....
India ...... 63K ... 600K .. 1374K ... 68M
China ..... 43K .... 15K ... 16K ... 627M


Coal production(ton):
Country ...1913....1950....1993....2010....
India ...... 15M ... 32M ... 264M ... 521M
China ...... 9M .... 32M .. 1150M .. 3240M


Oil production(ton):
Country ...1910.....1950....1993.....2010....
India ...... 818K ... 253K .... 26M ... 39M
China ....... 0 K ... 118K ... 145M .. 203M


electricity power(KWH):
Country ...1913.....1940....1950.....2010....
India ...... N.A ..... 2.5B ... 49B ... 922B
China ..... 460M ... 2.8B ... 43B .. 4207B

 

[doidoi2]

just got some history info on 2 countries, that shows how things were developed in the pass.

Steel production(ton):
Country ...1913....1930....1950....2010....
India ...... 63K ... 600K .. 1374K ... 68M
China ..... 43K .... 15K ... 16K ... 627M


Coal production(ton):
Country ...1913....1950....1993....2010....
India ...... 15M ... 32M ... 264M ... 521M
China ...... 9M .... 32M .. 1150M .. 3240M


Oil production(ton):
Country ...1910.....1950....1993.....2010....
India ...... 818K ... 253K .... 26M ... 39M
China ....... 0 K ... 118K ... 145M .. 203M


electricity power(KWH):
Country ...1913.....1940....1950.....2010....
India ...... N.A ..... 2.5B ... 49B ... 922B
China ..... 460M ... 2.8B ... 43B .. 4207B

Just a question. Why do you guys feel the need to drag India into this? India is India, China's China. India's failures does not make China great. Compare China to a great state with a history of achievements like the US, not to a state still searching for direction and purpose.

It's true that India's not as developed as China, no one disputes this. But to point out failures and laugh at them for it is unsportsmanlike. I understand some uneducated ***** from India is posting on this forum, but that doesn't mean you have to sink to their level.

 

[oct605032048]

 

[eachus]

Just a question. Why do you guys feel the need to drag India into this? India is India, China's China. India's failures does not make China great. Compare China to a great state with a history of achievements like the US, not to a state still searching for direction and purpose.

It's true that India's not as developed as China, no one disputes this. But to point out failures and laugh at them for it is unsportsmanlike. I understand some uneducated ***** from India is posting on this forum, but that doesn't mean you have to sink to their level.

It is message board, I post information I can find does not mean everyone stop you post data with comparison to the developed countries like USA. China has per capital GDP of 5Ks is more close to Indian in the same group of developing countries. USA, Japan and EU countries have per capital GDP of 50Ks. Why ppl do not group China in developed country? do you feel good just comparing China with USA exclusively make more sense?

The point here is that we should not limit our view spying the world from a tiny hole. all type of info are valuable as long as they are true, or can reflect the facts.

 

[shuttler]

Just a question. Why do you guys feel the need to drag India into this? India is India, China's China. India's failures does not make China great. Compare China to a great state with a history of achievements like the US, not to a state still searching for direction and purpose.

It's true that India's not as developed as China, no one disputes this. But to point out failures and laugh at them for it is unsportsmanlike. I understand some uneducated ***** from India is posting on this forum, but that doesn't mean you have to sink to their level.

dont act like indians and speak like an a h; the bashing will go on until they learn some manners and stfu!

 

[Chinese Century]

BRILLIANT!!!!!!!

 

[cirr]

The damage caused by the recent severe flood and the subsequent reconstrution will lift Beijing's 2012 GDP growth by 0.5-1%.

This is a list consisting of prefecture-level cities and above. As a matter of fact, there are quite a few county-level cities which have higher GDP than the cities listed. Kunshan of Jiangsu province，at 2011 GDP of over 250 billion yuan, is a good case in point。

 

[Obambam]

What can i say the chinese economy is going nowhere. The manufacturing rate has slowed.
China Manufacturing Gauge Shows Slowdown May Be Ebbing: Economy- Bloomberg

Tough luck man, we have got the power back right on time, we'll show you how and why it will work. Who wants to emulate the chinese ideology of state communism and oppression to minority muslims...

Think again

GLOBAL ECONOMY-Europe, US economies struggle as China stabilizes | Reuters

GLOBAL ECONOMY-Europe, US economies struggle as China stabilizes

Tue Jul 24, 2012 8:39pm IST

* Chinese slowdown likely bottomed

* Euro zone set for more pain

* U.S. manufacturing growth slowest in 19 months

By Steven C. Johnson and Jonathan Cable

NEW YORK/LONDON, July 24 (Reuters) - The struggles of the U.S. and euro zone economies intensified in July, surveys showed on Tuesday, though improved Chinese factory output suggested stimulus measures were starting to boost the world's second-largest economy.

Europe's private sector looked set for a prolonged slump as surveys showed the downturn that began in the euro zone's small economies has since become entrenched in Germany and France.

Business activity in the 17 states that use the euro shrank for a sixth straight month in July. Manufacturing nosedived, notably in Germany, suggesting recession ahead.

Europe's malaise infected businesses across the Atlantic. U.S. manufacturing this month grew at its slowest pace since December 2010, hobbled by a decline in overseas demand, according to financial information firm Markit.

Whirlpool Corp, the world's largest appliance maker, cited weak demand in Europe and a stronger dollar for its quarterly earnings miss, wh ile Te xas Instruments Inc's warned that its third-quarter revenue would be weaker than usual due to global economic uncertainties.

"The slowdown in manufacturing is a concern. We are seeing that the effect from Europe is weighing on U.S. manufacturing, and manufacturing is one of the few bright spots in this recovery," said Craig Dismuke, chief economic strategist at Vining Sparks in Memphis, Tennessee.

The Richmond Federal Reserve Bank 's monthly manufacturing composite index in July was the weakest reading since April 2009.

In Europe, manufacturing in Germany, the euro zone's biggest economy, contracted at its fastest pace in more than three years and its service sector also shrank. In France, factory activity fell at its fastest pace since May 2009.

The surveys should increase expectation s in financial markets for the U.S. Federal Reserve and European Central Bank to do more to help their respective economies.


CHINA ON THE MEND?

In China, the news was more encouraging, suggesting a series of policy measures, including interest rate cuts, may be starting to revive an economy that had slowed sharply of late.

HSBC's Flash China manufacturing purchasing managers index, the first significant set of data in the third quarter, r ose to 49.5 in July from 48.2 in June, closer to the 50 level that divides expansion from contraction.

The increase was driven by a jump in the output sub-index to 51.2 - the best showing since October 2011.

The PMI "adds to recent signs of stabilization of the Chinese economy, thus underpinning our view that the slowdown in activity will bottom out over the summer months," said Nikolaus Keis at UniCredit.

Chinese economic growth in the second quarter cooled to 7.6 percent from a year earlier, its slowest pace in more than three years, but still way ahead of the United States and the euro zone, which has likely fallen back into recession.

For Nomura's chief China economist, Zhang Zhiwei, the PMI provided further evidence that a slowdown in China's economy bottomed out in the second quarter of 2012.

"This suggests the effect of policy easing is being transmitted to the economy and reinforces our view that growth has bottomed in Q2," Hong Kong-based Zhang said.

VICIOUS CIRCLE

Markit's Eurozone Composite PMI, which combines the services and manufacturing sectors and is seen as a good guide to overall growth, held steady at 46.4.

A reading below 50 indicates contraction in the sector, and the euro zone composite index has been below that mark for half a year. Data collator Markit said it suggests a quarterly GDP fall of 0.6 percent.

The euro zone economy shrank 0.3 percent in the second quarter, and another quarter of contraction would tip it into its second recession since 2009.

Unlike China, forward-looking indicators in the surveys painted a gloomy picture. The business expectations index fell to a level previously seen when the bloc was last in recession.

Companies also cut their workforce at the fastest pace since the beginning of 2010, w hich some said risked extending a vicious circle in which slow growth breeds job cuts which breeds still slower growth.

"When you have all of the fiscal austerity measures ... why would you want to be hiring at this moment? The question is whether or not this is going to be a permanent state," said Sian Fenner at Lloyds Banking Group.

In the United states, new orders for exports fell for a second straight month, the first back-to-back decline in nearly three years, Markit said, as recession in Europe dented demand for U.S. products.

Economists worry that the broader U.S. economy, which grew at a 1.9 percent rate in the first quarter, has since lost momentum. A poll of 74 economists polled by Reuters expects April-to-June growth to have slowed to a 1.5 percent pace.

As a result, Wall Street expects another round of monetary easing from the Federal Reserve. The median forecast in a July poll of 16 primary dealers showed a 70 percent chance the Fed would do more to boost the economy.

Earlier this month the European Central Bank cut its main refinancing rate to a record low 0.75 percent and the deposit rate to zero, and a Reuters poll of economists showed the ECB will likely do more to stimulate the economy, possibly by offering more cheap loans for banks.

 

[doidoi2]

dont act like indians and speak like an a h; the bashing will go on until they learn some manners and stfu!

lol, go ahead and bash to your heart's content. go ahead, talk tough on a forum.

Nope, that's not a symptom of insecurity at all. Internet tough guys are like the coolest guys around.

You guys must not have much to be cheerful about in real life to be so full of rage and hate. But go ahead, india-bash. entertain me. I'm all ears.

 

[eachus]

lol, go ahead and bash to your heart's content. go ahead, talk tough on a forum.

Nope, that's not a symptom of insecurity at all. Internet tough guys are like the coolest guys around.

You guys must not have much to be cheerful about in real life to be so full of rage and hate. But go ahead, india-bash. entertain me. I'm all ears.

you are the only one bark here alone. can you be more informative? we like to discuss the economics with facts and data. the theory of free economic is competition. China has right to compete with US, India and even Africa. If you dont understand competition, get the way out of here. dont pretend to be a net police and invite ppl to bash.

 

[eachus]

Think again

GLOBAL ECONOMY-Europe, US economies struggle as China stabilizes | Reuters

An economic is running out of gas or not, has too many indexes to consider.
to make long story short, I can summary them in key values.
let me compare the best known 3 major countries.
the US Federal and central bank in China has number of roles, mainly lays down as


1) determine and print money to fuel the economic growth.
2) define interest rate to adjust the economic growth.
3) use reserve to set the currency exchange rate, stable domestic finance system.
4) ...


First, can they print more money or not.
Print more money will fuel up growth but up to a level will depreciate currency and make inflation too high, it turns around will kill economic growth and damage the economic and banking system.
India currency Rupee devalued 20% lately with very high inflation, can not print more money.
China has low inflation, currency RMB is stable, can print more.
USA has low inflation, currency dollar is stable, can print more (EQ3,,,etc,,,).


2nd, can they cut interest rate to boost GDP growth?
China has low inflation and high Benchmark lending rates(6%). China is still in post age of "cool down the over-heat growth". It can cut down the rate from 6% to 3% to 2% ,,,, to 0% like USA.
USA has low inflation(2-3%) and Zero Benchmark lending rates(0%). USA has no room to cut rate to fuel up growth.
India has high inflation(9%) and high Benchmark lending rates(8%). plus the Rupee is depreciated too fast, has no room to cut rate to fuel up growth.


3rd, how much foreign currency to use?
China has 3+ trillion USD in reserve, has strong arm to set RMB value and stable finance system.
USA has dollar system, it is an unlimited USD in reserve. has strong arm to stable finance system.
India has USD in reserve barely cover the foreign debts, has limited power to stable finance system.


so, you can see China did not yet to use its weapon fighting against slow down.
India is out of bullets, completely run out of gas and has max out everything.
US left only the money printers, but it is very powerful printer can generate enough dollars.

 

[shuttler]

lol, go ahead and bash to your heart's content. go ahead, talk tough on a forum.

Nope, that's not a symptom of insecurity at all. Internet tough guys are like the coolest guys around.

You guys must not have much to be cheerful about in real life to be so full of rage and hate. But go ahead, india-bash. entertain me. I'm all ears.

see my post @1133. dont want to waste any more of my time on you PERIOD

An economic is running out of gas or not, has too many indexes to consider.
to make long story short, I can summary them in key values.
let me compare the best known 3 major countries.
the US Federal and central bank in China has number of roles, mainly lays down as


1) determine and print money to fuel the economic growth.
2) define interest rate to adjust the economic growth.
3) use reserve to set the currency exchange rate, stable domestic finance system.
4) ...


First, can they print more money or not.
Print more money will fuel up growth but up to a level will depreciate currency and make inflation too high, it turns around will kill economic growth and damage the economic and banking system.
India currency Rupee devalued 20% lately with very high inflation, can not print more money.
China has low inflation, currency RMB is stable, can print more.
USA has low inflation, currency dollar is stable, can print more (EQ3,,,etc,,,).


2nd, can they cut interest rate to boost GDP growth?
China has low inflation and high Benchmark lending rates(6%). China is still in post age of "cool down the over-heat growth". It can cut down the rate from 6% to 3% to 2% ,,,, to 0% like USA.
USA has low inflation(2-3%) and Zero Benchmark lending rates(0%). USA has no room to cut rate to fuel up growth.
India has high inflation(9%) and high Benchmark lending rates(8%). plus the Rupee is depreciated too fast, has no room to cut rate to fuel up growth.


3rd, how much foreign currency to use?
China has 3+ trillion USD in reserve, has strong arm to set RMB value and stable finance system.
USA has dollar system, it is an unlimited USD in reserve. has strong arm to stable finance system.
India has USD in reserve barely cover the foreign debts, has limited power to stable finance system.


so, you can see China did not yet to use its weapon fighting against slow down.
India is out of bullets, completely run out of gas and has max out everything.
US left only the money printers, but it is very powerful printer can generate enough dollars.

indians have lots and lots of troubles; now having riots and in-fighting in many places. Their cant keep their own house in good order and yet trying to involve in high profile oppositions against our policies. and those are most disgusting!