China Economy Forum

[Shotgunner51]

Well, I was in fact drawing the worst case scenario as, e.g. all the machines won't work due to EMP detonation/ complete energy embargo. How many people will be able to farm with traditional methods without using any machines, artificial fertilisers, etc.? How many people will still have the millennial old knowledge of farming with their bare hands and a buffalo?

LOL that's a scary doomsday scenario!
Well I don't know bro, a fall-back plan might indeed be necessary, say backup those machines/robots, and have compulsory agricultural/survival training for all citizens, that could be fun!

 

[Götterdämmerung]

LOL that's a scary doomsday scenario!
Well I don't know bro, a fall-back plan might indeed be necessary, say backup those machines/robots, and have compulsory agricultural/survival training for all citizens, that could be fun!

An EMP detonation would practically destroy all things that work electronically, even the spare parts if they were exposed to EMP. There is very little left to back up since even the factories producing the tools to produce chips and wires etc. will be rendered useless as well.

Large cities like mine, not to think of Shanghai, without electricity, running water, constant food supply, all the cold storages stop functioning, etc. Now imagine how to keep people from rioting to get the last bit of food in the stores. I'd give max 2 days before the first fatal casualty will be reported … oops, what report when all electricity won't work.

 

[Shotgunner51]

An EMP detonation would practically destroy all things that work electronically, even the spare parts if they were exposed to EMP. There is very little left to back up since even the factories producing the tools to produce chips and wires etc. will be rendered useless as well.

Large cities like mine, not to think of Shanghai, without electricity, running water, constant food supply, all the cold storages stop functioning, etc. Now imagine how to keep people from rioting to get the last bit of food in the stores. I'd give max 2 days before the first fatal casualty will be reported … oops, what report when all electricity won't work.

LOL ain't that true bro, but scary!
So before doomsday comes, enjoy as much as we can!

 

[Götterdämmerung]

LOL ain't that true bro, but scary!
So before doomsday comes, enjoy as much as we can!

I enjoy life but I also want to make sure that the generations after us will survive at any circumstance.

 

[Shotgunner51]

I enjoy life but I also want to make sure that the generations after us will survive at any circumstance.

We do what we can, if something bad happens, so big that's beyond our reach, well then just be it!
Let's be optimistic!

 

[Götterdämmerung]

We do what we can, if something bad happens, so big that's beyond our reach, well then just be it!
Let's be optimistic!

After WW2, my country was nothing but rubbles, but all the people left were well educated, and had a handy skill from the farm to the factory. We rebuilt the whole country because we had that skill.

 

[Shotgunner51]

After WW2, my country was nothing but rubbles, but all the people left were well educated, and had a handy skill from the farm to the factory. We rebuilt the whole country because we had that skill.

Well said, and also excel at that!

 

[Martian2]

Well, I was in fact drawing the worst case scenario as, e.g. all the machines won't work due to EMP detonation/ complete energy embargo. How many people will be able to farm with traditional methods without using any machines, artificial fertilisers, etc.? How many people will still have the millennial old knowledge of farming with their bare hands and a buffalo?

How about underground automated lettuce and tomato farms to feed the survivors of a nuclear war?

A deeply buried underground farm (under a mountain or hill of granite) is immune to an EMP.

 

[Götterdämmerung]

How about underground automated lettuce and tomato farms to feed the survivors of a nuclear war?

A deeply buried underground farm (under a mountain or hill of granite) is immune to an EMP.

The problem is how to distribute them? no one knows where the survivors will be living? On top of this, underground farming requires a complete new infrastructure, e.g. a whole new underground communication and traffic network, new energy system … it would cost trillions and very new technology to build them.

Have you ever heard of the Breakaway Civilisation?

 

[ahtan_china]

The problem is how to distribute them? no one knows where the survivors will be living? On top of this, underground farming requires a complete new infrastructure, e.g. a whole new underground communication and traffic network, new energy system … it would cost trillions and very new technology to build them.

Have you ever heard of the Breakaway Civilisation?

Do you mean the NAZI 211project in Antarctic?

 

[Götterdämmerung]

Do you mean the NAZI 211project in Antarctic?

No, search on youtube for Catherine Austin Fitts and Breakaway Civilization. She was the former Assistant Secretary of Housing and Federal Housing during the first Bush administration and an expert of the Wall St.

 

[TaiShang]

China Overtakes US and Becomes World’s Top in Built Asset Wealth

China has overtaken the US as the world’s wealthiest country by the value of built environment, according to the latest Arcadis Global Built Asset Wealth Index 2015.

Currently, the global aggregate value of built asset worth around 218 trillion U.S. dollars. With wealth of 47.6 trillion U.S. dollars, China exceeds the US at 36.8 trillion U.S. dollars, and ranks first in place on a global scale.
(Graphic from Arcadis)

 

[cirr]

China Overtakes US and Becomes World’s Top in Built Asset Wealth

China has overtaken the US as the world’s wealthiest country by the value of built environment, according to the latest Arcadis Global Built Asset Wealth Index 2015.

Currently, the global aggregate value of built asset worth around 218 trillion U.S. dollars. With wealth of 47.6 trillion U.S. dollars, China exceeds the US at 36.8 trillion U.S. dollars, and ranks first in place on a global scale.
(Graphic from Arcadis)

I guess my parents‘ villa is also part and parcel of the built asset。

 

[cirr]

Intel to spend at least $3.5 billion converting China plant for memory chips

By Don Clark

Published: Oct 20, 2015 3:26 p.m. ET

Intel could spend up to $5.5 billion on ‘leading-edge’ flash memory factory

Getty Images
Intel Corp. INTC, -0.45% plans to convert its semiconductor fabrication plant in China to make memory chips, a strategy shift expected to cost at least $3.5 billion over three to five years.

The company said it may ultimately spend as much as $5.5 billion on the plant in Dalian, a city in northeastern China. Intel’s move comes as the chip industry undergoes a wave of consolidation and China steps up efforts to build local technology manufacturing capacity.

Intel, based in Santa Clara, Calif., has long received the vast majority of its revenue from microprocessors and related chips. The company prides itself on shrinking such circuitry quickly to boost the capability of its products. Intel has also kept close control over its production technology to prevent rivals from copying it.

The factory at Dalian, opened in 2010, is unusual because Intel said it would be kept at least two generations behind production processes at its other factories. As part of the move disclosed Tuesday, however, Intel said the factory would become a “leading-edge” maker of so-called nonvolatile memory chips, a term that refers to chips that retain data after power is turned off.

Intel’s move represents a shift not only toward memory but also toward greater independence in its memory business. The company up to now has relied on a joint venture with Micron Technology Inc. MU, -10.80% to manufacture flash memory chips, which Intel sells in solid-state drives and other storage devices. The two companies recently joined rivals in offering a new version of that technology called 3D NAND, which replaces a single layer of cells for storing data with multiple layers to boost storage capacity. The Dalian plant is expected to begin producing such chips in the second half of 2016, Intel said.

Intel to spend at least $3.5 billion converting China plant for memory chips - MarketWatch

 

[TaiShang]

China’s contracted FDI surges over 50% as investors confident
By Wang Yanlin | October 21, 2015, Wednesday

CONTRACTED foreign direct investment in China surged more than 50 percent in the first nine months of this year, indicating confidence among foreign investors even as the country’s economy slowed.

China’s contracted investments with top American companies were worth US$5.83 billion in the first three quarters. Several well-known firms including Ford Motor Co, Air Products and Chemicals Inc, Eli Lilly & Co, and Amazon have decided to raise their investment in China.

Meanwhile, contracted investments from South Korea jumped 66.5 percent in the January-September period and that from Germany surged 41.1 percent, Shen said, without giving more details.

The continued inflow of foreign investments into China has helped the country to retain the top ranking as the world’s most attractive spot for foreign investment made by the United Nations Conference on Trade and Development, Shen Danyang, a Ministry of Commerce spokesman, said yesterday.

A recent Financial Times report said that India attracted more foreign investments than China in the first half, but the source of the data was unclear. In response, Shen said the official data from the Indian government showed its foreign direct investment was US$19.4 billion in the first six months, compared with China’s US$68.4 billion.

China’s foreign direct investment, which has been put in place, added 9 percent from a year earlier to US$94.9 billion in the first nine months, with 18,980 new foreign-invested firms being established, according to the ministry data.

China’s eastern areas continued to lure a majority, which totaled US$80.5 billion, an increase of 10.1 percent from a year earlier. Foreign direct investment in central areas rose 0.3 percent, and in western areas added 2.2 percent.

In the first three quarters, foreign direct investment being channeled to the service sector jumped 19.2 percent to US$57.9 billion, leading the growth and taking up 61.1 percent of the total. Capital going into high-tech services rocketed 57.6 percent.

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