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China economy slows further

sunstersun

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https://www.scmp.com/news/article/2...ity-slows-more-expected-trade-war-intensifies


https://www.reuters.com/article/us-...-slump-in-export-orders-deepens-idUSKCN1N503L

  • The official PMI fell to 50.2 in October, below economists’ forecasts of 50.6 and just above the break-even level
  • Official purchasing managers’ indices are first reading of Chinese business sentiment since US slapped tariffs on US$200 billion of China imports in September
But China's trade surplus with the US reached its peak.
Go to Google.

https://www.scmp.com/news/article/2...ity-slows-more-expected-trade-war-intensifies


https://www.reuters.com/article/us-...-slump-in-export-orders-deepens-idUSKCN1N503L

  • The official PMI fell to 50.2 in October, below economists’ forecasts of 50.6 and just above the break-even level
  • Official purchasing managers’ indices are first reading of Chinese business sentiment since US slapped tariffs on US$200 billion of China imports in September
Tesla, ABB.... still choose to build factories in China. and Chinese companies choose to build garbage processing plants in the US.

Go to Google.

GOOD JOB Trump. He will lead the US towards bankruptcy. Just like his company.
 
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Still add one trillion dollar per year
China might just contract this year in nominal terms. Growth 6.5 pc + 2-3 pc inflation - currency depreciation 10 pc. You might be staring at 100 Billion $ contraction this year.
 
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China might just contract this year in nominal terms. Growth 6.5 pc + 2-3 pc inflation - currency depreciation 10 pc. You might be staring at 100 Billion $ contraction this year.

No it is not. For your information, China’s growth figures of 6.5% or whatever is always in constant price and in local currency, meaning it is net of inflation.

The only reason that exchange rate is relevant here as international institutions like IMF or WB need to convert the GDP into common currency to conduct comparative study. China has seen growing by 20%+ in some years in USD but it would be stupid to consider it as “actual” growth.
 
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No it is not. For your information, China’s growth figures of 6.5% or whatever is always in constant price and in local currency, meaning it is net of inflation.

The only reason that exchange rate is relevant here as international institutions like IMF or WB need to convert the GDP into common currency to conduct comparative study. China has seen growing by 20%+ in some years in USD but it would be stupid to consider it as “actual” growth.
That why i said it will contract by 100 Billion $ in nominal terms not real GDP.
 
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and its stock still falling. Investors dont buy Mi stock cos the company is dying under US sanction.
What evidence you have to backup your claims. Furthermore, I see a lot potential growth in Xaomi after the launch of this new model so even slight reduced investment will be offset by the sales of the new model and after this crises Xiaomi has become famous around the globe.
 
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What evidence you have to backup your claims. Furthermore, I see a lot potential growth in Xaomi after the launch of this new model so even slight reduced investment will be offset by the sales of the new model and after this crises Xiaomi has become famous around the globe.
its so obvious.Only Cnese investor buy Mi stock while foreigners dont cos they dont see Xiaomi can make any good things

https://defence.pk/pdf/threads/xiaomi-announces-oversubscribed-ipo.566953/
 
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