China's economy is in bad shape and could stay that way for a while

[Lava820]

One can gauge China's economy from China's total trade, exports, industrial and manufacturing outputs, we produce and supply goods to the world, unlike your guys only good at fudging numbers and printing money.

Where is India? behind Vietnam , and far far far behind tiny Chinese city Hong kong which has only 6 million population
View attachment 877886

Overseas investors have pulled out $76 billion from China till July this year, the most among emerging markets

 

[beijingwalker]

Overseas investors have pulled out $76 billion from China till July this year, the most among emerging markets

FDI inflows to China rise 17.3% YoY to 798.33 bn yuan in Jan-Jul 2022​

FDI inflows to China rise 17.3% YoY to 798.33 bn yuan in Jan-Jul 2022

FDI inflows to China, in actual use, rose by 17.3 per cent year on year to 798.33 billion yuan between January and July. In US dollar terms, inflows rose by 21.5 per cent...

www.fibre2fashion.com

 

[Lava820]

FDI inflows to China rise 17.3% YoY to 798.33 bn yuan in Jan-Jul 2022​

FDI inflows to China rise 17.3% YoY to 798.33 bn yuan in Jan-Jul 2022

FDI inflows to China, in actual use, rose by 17.3 per cent year on year to 798.33 billion yuan between January and July. In US dollar terms, inflows rose by 21.5 per cent...

www.fibre2fashion.com

Stellantis Ending China Jeep Production in Radical Shift

Stellantis NV is halting production of Jeeps in China and ending a 12-year joint venture with GAC Group after failing to gain traction in the world’s biggest car market.

www.bloomberg.com

Beijing Hyundai’s Chongqing Plant Shut Down since December 2021, Chinese News Outlet Says

Citing remarks made by an insider of Beijing Hyundai, China Business News reported on Feb. 21 that the Chongqing plant of Hyundai Motor’s Chinese joint venture

www.businesskorea.co.kr

 

[beijingwalker]

Stellantis Ending China Jeep Production in Radical Shift

Stellantis NV is halting production of Jeeps in China and ending a 12-year joint venture with GAC Group after failing to gain traction in the world’s biggest car market.

www.bloomberg.com

Beijing Hyundai’s Chongqing Plant Shut Down since December 2021, Chinese News Outlet Says

Citing remarks made by an insider of Beijing Hyundai, China Business News reported on Feb. 21 that the Chongqing plant of Hyundai Motor’s Chinese joint venture

www.businesskorea.co.kr

Some come and some leave, we just check the total number, and as for India, You just hit the record trade deficit number, do you actually know it?

Indian economy most vulnerable among emerging markets in Asia, says Societe Generale

Indonesia and Malaysia look most resilient, thanks to relatively low inflation and commodity exports. China is at number 3.

www.moneycontrol.com

 

[Lava820]

Some come and some leave, we just check the total number, and as for India, You just hit the record trade deficit number, do you actually know it?

Indian economy most vulnerable among emerging markets in Asia, says Societe Generale

Indonesia and Malaysia look most resilient, thanks to relatively low inflation and commodity exports. China is at number 3.

www.moneycontrol.com

India on the cusp of a capex boom: Morgan Stanley

Morgan Stanley highlighted that improved private corporate balance sheets, rising capacity utilization and various government policy initiatives is leading to a revival in India’s capex cycle., Economy News, Times Now

www.google.com

 

[beijingwalker]

India's Trade Deficit Triples to Record $31 Billion in July, Exports Dip Marginally - News18

Exports dipped, though marginally, for the first time in 17 months in July, while trade deficit tripled to a record USD 31 billion fuelled by over 70 per cent rise in crude oil imports.

www.news18.com

 

[Lava820]

You just hit the record trade deficit number, do you actually know it?

Due to excessive demand for oil products

Covid Zero Throttles China’s Oil Demand Ahead of Key Congress

www.bloomberg.com

@Black Tornado
Disastrous for Chinese economy

https://www.google.com/amp/s/wap.business-standard.com/article-amp/international/china-oil-demand-may-shrink-first-time-since-2002-as-covid-curbs-bite-122091000033_1.html

 

[beijingwalker]

China buys way more oil and gas than India, still enjoys record trade surplus

India's trade deficit ballooning to record high in July

Citing preliminary data, India's trade secretary highlighted that the gap between exports and imports widened to $31.02 billion in July compared to $26.18 billion in the previous month.

www.livemint.com

 

[Lava820]

https://www.google.com/amp/s/www.cnbc.com/amp/2022/09/07/nomura-cuts-its-china-gdp-forecast-again.html

 

[beijingwalker]

China grows more than one India in GDP every year, there is no competition thre.

 

[beijingwalker]

Average exchange rate in 2020: 6.9022

US Dollar to Chinese Yuan Spot Exchange Rates for 2020​

US Dollar to Chinese Yuan Spot Exchange Rates for 2020

www.exchangerates.org.uk

In Dollar term, China's GDP in 2020 was 14.63 trillion dollars.

in 2021 China grew over one India in dollar term GDP

 

[Lava820]

@Black Tornado Last year’s(2020) GDP was also cut by 241.9 billion yuan (US$37.98 billion) from the initial figure published in January to 101.36 trillion yuan (US$15.91 trillion)

China’s 2020 economic growth revised down with Beijing braced for headwinds

China revised its 2020 gross domestic product (GDP) growth rate to 2.2 per cent year on year, down from 2.3 per cent previously, the National Bureau of Statistics said on Friday.

amp.scmp.com

 

[beijingwalker]

China grows more than one India last year

 

[Lava820]

Last year’s GDP was also cut by 241.9 billion yuan (US$37.98 billion) from the initial figure published in January to 101.36 trillion yuan (US$15.91 trillion).
And it grew to $17.2 trillion in 2021

China’s 2020 economic growth revised down with Beijing braced for headwinds

China revised its 2020 gross domestic product (GDP) growth rate to 2.2 per cent year on year, down from 2.3 per cent previously, the National Bureau of Statistics said on Friday.

amp.scmp.com

 

[beijingwalker]

Last year’s GDP was also cut by 241.9 billion yuan (US$37.98 billion) from the initial figure published in January to 101.36 trillion yuan (US$15.91 trillion).
And it grew to $17.2 trillion in 2021

China’s 2020 economic growth revised down with Beijing braced for headwinds

China revised its 2020 gross domestic product (GDP) growth rate to 2.2 per cent year on year, down from 2.3 per cent previously, the National Bureau of Statistics said on Friday.

amp.scmp.com

Here is the China's government official number, not from foreign media channel