China's foreign trade for 2018 already exceeds 2017, jumping 15%

[jhungary]

I get along and am friends with lot of good people that "dont really like Indians". I don't really like most Indians either!

I suspect @jhungary doesnt really like any XYZ large broad group of ppl.

lol, I get along with anyone. People I like, people I hate, people I don't know. That's because what I used to do make me a people person.

I don't care where a person is from, as long as I think he is good, straight and narrow, I can be your friend

Will definitely love to meet you in person. Pretty amazed how the US Army recruited an Australian with Chinese Citizenship. You did prove you can speak Cantonese but your Mandarin is not really good, it sounds like a Hongkie speaking Mandarin, which I reckon is correct. So where does your allegiance lie?

You know US recruit most intelligence officer with overseas background (either educated and/or raised overseas) I was approached in my senior year when I was about to graduate and commissioned. That's because it is stupid to recruit someone in US and work in a foreign country? I mean you stand out like a sack of potatoes in a bunch of garlics, you smell different.

Other than that, I cannot tell you anything, well, actually I can tell you, but afterward, I will have to kill you.

 

[frequency]

This s10 is a racist clown. He once said every time he feels happy when watching the video where Viet sailors were shot in the waters. He enjoys the hobby together with his father and his son. Other Chinese posters here feel happy too when mentioning the war in the 1979 when the PLA invasion of Vietnam where they came razing down the cities killing everyone on their ways.Great stuff.

It’s as if the Japanese feel happy watching xxx rated video with rape event in Nanjing.

Just a fantasy for them to fix their weaknesses that they can't do anything to anyone to make them feel Alpha.

 

[oprih]

Best thread to observe how the viet jungle people and refugees plus indian toilet people go crazy on the news that China's economic growth continues to make their respective countries' look like a failure.

Btw america's stock market continues to collapse.

 

[Nilgiri]

lol, I get along with anyone. People I like, people I hate, people I don't know. That's because what I used to do make me a people person.

I don't care where a person is from, as long as I think he is good, straight and narrow, I can be your friend



You know US recruit most intelligence officer with overseas background (either educated and/or raised overseas) I was approached in my senior year when I was about to graduate and commissioned. That's because it is stupid to recruit someone in US and work in a foreign country? I mean you stand out like a sack of potatoes in a bunch of garlics, you smell different.

Other than that, I cannot tell you anything, well, actually I can tell you, but afterward, I will have to kill you.

Yep buddy...we do not follow "intersectional" stronking. We judge individual by individual.

This is why I cannot say I like or hate majority of any XYZ....I simply have not met nowhere near enough and never will. I am neutral to everyone as much as possible.

 

[jhungary]

Yep buddy...we do not follow "intersectional" stronking. We judge individual by individual.

This is why I cannot say I like or hate majority of any XYZ....I simply have not met nowhere near enough and never will. I am neutral to everyone as much as possible.

things is, we never know who is behind the computer typing away on an internet forum. So in theory, you cannot hate anyone "geographically" simply because we don't know. I don't know you are from India as a fact, you don't know me and where I am from as a fact.

But then there are people like me, I lies and spot lies for a living. So, I am pretty good at it, and hence, if I were you, I would never trust people like me LOL

 

[TaiShang]

China approves urban rail projects worth US$43.3B for Shanghai

CGTN, December 20, 2018

Passengers board a train of Subway Line No. 13 in Shanghai, east China, Dec. 19, 2015. [Photo / Xinhua]

China has approved urban rail projects worth 298.35 billion yuan (43.3 billion U.S. dollars) for Shanghai, the National Development and Reform Commission said in a statement on Wednesday.

The projects, covering six subway lines and three inter-city railways, are estimated to have a total length of 286.1 kilometers and the construction work is expected to be completed by 2023.

By 2035, the total length of urban rail transit network in Shanghai will reach 2,200 kilometers, out of which the length of subway lines will be 1,043 kilometers and that belonging to city railway will be 1,157 kilometers.

The preliminary estimate of funds toward this project amounts to 298.35 billion yuan, 45 percent of which will be afforded by local government's financial funds while the rest will be raised in other ways including loans from domestic banks.

More than half of the trips on motorized transport modes are on public transportation in Shanghai, while the rail transport accounts for 60 percent of public transit.

"China has been increasing the number of new subway projects and upgrading the old lines, which greatly boosts our domestic sales," said Chen Fei, manager at Kunshan Alex Railway Fastening, that makes track fasteners for subway projects in Suzhou, Shanghai, and Shenzhen.

"Previously most of our products were exported to the U.S. and Europe, but the infrastructure rebound amid the U.S.-China trade war makes our domestic sales grow."

http://www.china.org.cn/business/2018-12/20/content_74295208.htm

@AndrewJin

 

[TaiShang]

World Bank projects China's economy to grow 6.5 pct in 2018

CGTN
2018-12-21

The World Bank on Thursday projected China's economy to grow 6.5 percent in 2018, unchanged from its April forecast, adding that the country's economy "continues to perform well."

"Consumption will remain the main driver of growth, while higher investor uncertainty and slower credit growth are expected to weigh on investment," said John Litwack, World Bank lead economist for China.

He noted a deceleration in global demand growth and higher U.S. import tariffs would negatively affect net exports. Authorities have the policy space necessary to support the economy in the current environment of high uncertainty.

People are selecting goods at a store in Shanghai. /VCG Photo

The China Economic Update, the World Bank's regular assessment of China's economy, notes that the current account recorded a small deficit in the first three quarters of 2018, primarily driven by stronger imports.

In response to slowing growth and a challenging external environment, the government introduced tax incentives for households and firms, additional support for small businesses, and higher local government capital spending.

To stimulate the economy, China has room to shift government spending toward health, education, and social protection.

Graduates are looking for a job at a job fair in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region. /VCG Photo

"Such measures would create jobs, deliver higher-quality public services, and provide better support to vulnerable families," said Elitza Mileva, World Bank senior economist and main author of the Update.

"In the short term, these measures would encourage households to save less and spend more. In the long run, they would boost worker productivity and China's growth potential and help the country achieve a more equal society."

In March this year, China set its GDP growth target at around 6.5 percent for 2018, unchanged from that for 2017, according to a government work report.

https://news.cgtn.com/news/3d3d514e3255444e31457a6333566d54/share_p.html

 

[Kyle Sun]

China approves urban rail projects worth US$43.3B for Shanghai

CGTN, December 20, 2018

Passengers board a train of Subway Line No. 13 in Shanghai, east China, Dec. 19, 2015. [Photo / Xinhua]

China has approved urban rail projects worth 298.35 billion yuan (43.3 billion U.S. dollars) for Shanghai, the National Development and Reform Commission said in a statement on Wednesday.

The projects, covering six subway lines and three inter-city railways, are estimated to have a total length of 286.1 kilometers and the construction work is expected to be completed by 2023.

By 2035, the total length of urban rail transit network in Shanghai will reach 2,200 kilometers, out of which the length of subway lines will be 1,043 kilometers and that belonging to city railway will be 1,157 kilometers.

The preliminary estimate of funds toward this project amounts to 298.35 billion yuan, 45 percent of which will be afforded by local government's financial funds while the rest will be raised in other ways including loans from domestic banks.

More than half of the trips on motorized transport modes are on public transportation in Shanghai, while the rail transport accounts for 60 percent of public transit.

"China has been increasing the number of new subway projects and upgrading the old lines, which greatly boosts our domestic sales," said Chen Fei, manager at Kunshan Alex Railway Fastening, that makes track fasteners for subway projects in Suzhou, Shanghai, and Shenzhen.

"Previously most of our products were exported to the U.S. and Europe, but the infrastructure rebound amid the U.S.-China trade war makes our domestic sales grow."

http://www.china.org.cn/business/2018-12/20/content_74295208.htm

@AndrewJin

WTF！！！！、
Shanghai has sucked more than enough blood from its neighbor cities. Why the hell keep pouring tons of money into this damn city?

 

[TaiShang]

World Bank: China's economy to grow 6.5 pct. in 2018

Xinhua, December 21, 2018

A worker builds a bullet train at a factory of CRRC Tangshan Co., Ltd. in Tangshan, north China's Hebei Province, March 23, 2018. [Photo / Xinhua]

The World Bank on Thursday projected China's economy to grow 6.5 percent in 2018, adding that the country's economy "continues to perform well."

"Consumption will remain the main driver of growth, while higher investor uncertainty and slower credit growth are expected to weigh on investment," said John Litwack, World Bank Lead Economist for China.

He noted a deceleration in global demand growth and higher U.S. import tariffs would negatively affect net exports. Authorities have the policy space necessary to support the economy in the current environment of high uncertainty.

The China Economic Update, the World Bank's regular assessment of China's economy, notes that the current account recorded a small deficit in the first three quarters of 2018, primarily driven by stronger imports.

In response to slowing growth and a challenging external environment, the government introduced tax incentives for households and firms, additional support for small businesses, and higher local government capital spending.

To stimulate the economy, China has room to shift government spending toward health, education, and social protection.

"Such measures would create jobs, deliver higher-quality public services, and provide better support to vulnerable families. In the short term, these measures would encourage households to save less and spend more. In the long run, they would boost worker productivity and China's growth potential and help the country achieve a more equal society," said Elitza Mileva, World Bank Senior Economist and main author of the Update.

***

WTF！！！！、
Shanghai has sucked more than enough blood from its neighbor cities. Why the hell keep pouring tons of money into this damn city?

I think it makes economic sense.

@AndrewJin

 

[TaiShang]

China's digital economy contributes more to GDP: report

CGTN
2018-12-24

China's digital economy accounted for a bigger share of gross domestic product (GDP) in the first half of this year, with more room for further improvement, a report showed.

The digital economy was estimated at 16 trillion yuan (2.32 trillion U.S. dollars) in the January-June period, according to the China Academy of Information and Communications Technology (CAICT) under the Ministry of Industry and Information Technology.

The CAICT said the figure was equivalent to 38.2 percent of GDP, up from the 32.9-percent ratio in 2017.

In the face of looming downward pressures, China has resorted to an emerging, fast-growing digital economy for new growth momentum, which has prompted booming growth in areas including e-commerce and mobile payment, as well as technological innovation in traditional industries.

However, the report pointed out that China's digital economy still faces imbalance.

Compared to the tech-savvy service sector, agriculture and secondary industries have huge room for improvement in digitalization, and gaps are wide between different regions, CAICT researcher Lu Chuncong said.

As the digital economy has become an inevitable trend, more efforts should be taken to push forward digital transformation across all industrial and value chains, Lu said.

https://news.cgtn.com/news/3d3d674d3149544e31457a6333566d54/share_p.html

 

[oprih]

China's growth is unstoppable.

Meanwhile america is collapsing, another 650 points drop for dow jones.

 

[TaiShang]

China's growth is unstoppable.

Meanwhile america is collapsing, another 650 points drop for dow jones.

They are having a wild ride in their stock market.

So much winning, heads are spinning, as Trump says and @qwerrty confirms