• 4.28K Posts
  • 1.28K Comments
Joined 1 year ago
cake
Cake day: January 29th, 2025

help-circle




















  • Yes, exports is China’s last lifeline for now. It’s economy has been highly dependent on foreign markets, and this might continue as an analysis based on newly released data by China’s Statistics Office, but the researchers look a bit closer. They conclude that China’s “New” Strategic Industries Will Not Produce 5% GDP Growth – (here is an archived link):

    • China’s high-technology industries will not generate investment sufficient to power 5% GDP growth in the years ahead
    • The reason is that the country’s technology sector is too small relative to the property and infrastructure investment that are in sharp decline
    • China will become even more dependent upon gaining market share in export markets, in both new and traditional industries
    • China’s past economic performance has clearly been overstated, particularly since the decline of the property sector starting in 2022

    It’s time for the Europe, Canada, Australia et al to diversify away a bit faster from Chinese supply chains and their ChEaP pRoDuCtS mAdE bY sLaVe LaBoUr. These diversification is already under way, and the long-term outlook isn’t too good for China as domestic markets are down, consumer confidence is sharply down since the start of the pandemic.


  • Yes, exports is China’s last lifeline for now. It’s economy has been highly dependent on foreign markets, and this might continue as an analysis based on newly released data by China’s Statistics Office, but the researchers look a bit closer. They conclude that China’s “New” Strategic Industries Will Not Produce 5% GDP Growth – (here is an archived link):

    • China’s high-technology industries will not generate investment sufficient to power 5% GDP growth in the years ahead
    • The reason is that the country’s technology sector is too small relative to the property and infrastructure investment that are in sharp decline
    • China will become even more dependent upon gaining market share in export markets, in both new and traditional industries
    • China’s past economic performance has clearly been overstated, particularly since the decline of the property sector starting in 2022

    It’s time for the Europe, Canada, Australia et al to diversify away a bit faster from Chinese supply chains and their ChEaP pRoDuCtS mAdE bY sLaVe LaBoUr. These diversification is already under way, and the long-term outlook isn’t too good for China as domestic markets are down, consumer confidence is sharply down since the start of the pandemic.


  • Yes, exports is China’s last lifeline for now. It’s economy has been highly dependent on foreign markets, and this might continue as an analysis based on newly released data by China’s Statistics Office, but the researchers look a bit closer. They conclude that China’s “New” Strategic Industries Will Not Produce 5% GDP Growth – (here is an archived link):

    • China’s high-technology industries will not generate investment sufficient to power 5% GDP growth in the years ahead
    • The reason is that the country’s technology sector is too small relative to the property and infrastructure investment that are in sharp decline
    • China will become even more dependent upon gaining market share in export markets, in both new and traditional industries
    • China’s past economic performance has clearly been overstated, particularly since the decline of the property sector starting in 2022

    It’s time for the Europe, Canada, Australia et al to diversify away a bit faster from Chinese supply chains and their ChEaP pRoDuCtS mAdE bY sLaVe LaBoUr. These diversification is already under way, and the long-term outlook isn’t too good for China as domestic markets are down, consumer confidence is sharply down since the start of the pandemic.





  • This is a report published by a bank with considerable business in China that uses official data and Chinese Communist Party narratives.

    There is an analysis based on newly released data by China’s Statistics Office, but the researchers look a bit closer. They conclude that China’s “New” Strategic Industries Will Not Produce 5% GDP Growth – (here is an archived link):

    • China’s high-technology industries will not generate investment sufficient to power 5% GDP growth in the years ahead
    • The reason is that the country’s technology sector is too small relative to the property and infrastructure investment that are in sharp decline
    • China will become even more dependent upon gaining market share in export markets, in both new and traditional industries
    • China’s past economic performance has clearly been overstated, particularly since the decline of the property sector starting in 2022

    [Edit typo.]






  • @fishos@lemmy.world

    Your comment misses a lot of points. The catastrophic consequences for are seen, and they were foreseeable. It’s just that the dictatorial government didn’t listen to researchers. As you say that “ideally you’d have a 2 child policy to actually replace parents 1:1 with kids”: No, ideally, you have no ‘child policy’. It’s not a government’s role to say how many kids everyone should have.

    I wrote in another threat that China’s one-child policy has many issue caused by the government, and there are many consequences unique to this Chinese policy and that the article doesn’t contain, such as unrecognised children in China’s post one-child policy landscape:

    … Although gender may seem to be a less obvious element of China’s one-child policy, it was a crucial component. Not only did this cultural gender preference cause a large demographic imbalance between boys and girls, but it also led to phenomena like mass adoptions and even infanticides of baby girls. The government has also occasionally contributed to unethical and extreme measures by carrying out forced abortions and sterilisations in order to make families comply with the policy …

    The one-child policy, which reigned in the country for more than 30 years, has also resulted in the development of an entire generation of children—who are now also adults —that do not appear in Chinese state records. People who fall into this group are popularly called “Heihaizi“, China’s “black children” who could not obtain a hukou— an official household registration. Such children were primarily second-born or later children who, upon birth, had no recognized right to exist due to this family planning policy …

    Even in the case that families would want to regularize their Heihaizi’s administrative status and obtain a hukou registration, the cost to do so is often too prohibitive for them. This aspect has additionally highlighted economic and social disparities, as wealthier and more affluent families have been able to circumvent the norm by paying the fee for a hukou.

    Not registered Heihaizi, therefore, end up being forced to stay away from society and even public spaces, spending most of their time confined to exclusively familiar spaces

    This is devastating and absolutely incomparable in its cruelty to any other country afaik.

    @nondescripthandle@lemmy.dbzer0.com


  • China’s one-child policy has many issue caused by the government, and there are many consequences unique to this Chinese policy and that the article doesn’t contain, such as unrecognised children in China’s post one-child policy landscape:

    … Although gender may seem to be a less obvious element of China’s one-child policy, it was a crucial component. Not only did this cultural gender preference cause a large demographic imbalance between boys and girls, but it also led to phenomena like mass adoptions and even infanticides of baby girls. The government has also occasionally contributed to unethical and extreme measures by carrying out forced abortions and sterilisations in order to make families comply with the policy …

    The one-child policy, which reigned in the country for more than 30 years, has also resulted in the development of an entire generation of children—who are now also adults —that do not appear in Chinese state records. People who fall into this group are popularly called “Heihaizi“, China’s “black children” who could not obtain a hukou— an official household registration. Such children were primarily second-born or later children who, upon birth, had no recognized right to exist due to this family planning policy …

    Even in the case that families would want to regularize their Heihaizi’s administrative status and obtain a hukou registration, the cost to do so is often too prohibitive for them. This aspect has additionally highlighted economic and social disparities, as wealthier and more affluent families have been able to circumvent the norm by paying the fee for a hukou.

    Not registered Heihaizi, therefore, end up being forced to stay away from society and even public spaces, spending most of their time confined to exclusively familiar spaces

    This is devastating and absolutely incomparable in its cruelty to any other country afaik.