FDI inflows into Asia-Pacific region remain strong, China likely to be the global top destination for FDI once again

[Viva_Viet]

Actually Vietnam is close to Egypt in 2011.

Egypt 2011: $2700

Vietnam 2020: $2700

Spring coming to Vietnam soon?

Egypt don't have Samsung, LG, Foxconn, aupto part-tire factories etc like VN , their people simply have No good jobs like 600 million CNese earning less than 140 usd per month now

 

[FairAndUnbiased]

Egypt don't have Samsung, LG, Foxconn, aupto part-tire factories etc like VN , their people simply have No good jobs like 600 million CNese earning less than 140 usd per month now

I'm glad you mentioned Samsung. Samsung does their highly educated business activities like research and high tech semiconductor production in China.

They do very labor intensive things in Vietnam like assembling components made in China.

Egypt also had a low talent, labor intensive economy. If Vietnam is to prosper, Vietnamese must first understand the nature of their own economy.

 

[Viva_Viet]

I'm glad you mentioned Samsung. Samsung does their highly educated business activities like research and high tech semiconductor production in China.

They do very labor intensive things in Vietnam like assembling components made in China.

Egypt also had a low talent, labor intensive economy. If Vietnam is to prosper, Vietnamese must first understand the nature of their own economy.

Bcs CN still buy lots of Samsung semiconductor production, thats why its still in CN. if u stop buying their semiconductor production, then they will quit CN.

But that R&D center only create few jobs in CN, thats why we still see too many jobless Cnese playing online game, talking nonsense on internet 24/24 hours like those jobless Lybian before they start the revolt

 

[FairAndUnbiased]

Bcs CN still buy lots of Samsung semiconductor production, thats why its still in CN. if u stop buying their semiconductor production, then they will quit CN.

But that R&D center only create few jobs in CN, thats why we still see too many jobless Cnese playing online game, talking nonsense on internet 24/24 hours

In China an unemployed person can live easily by streaming computer game or selling makeup online. Our society is as kind as possible to everyone, even people who can only play video games all day or Youtube.

Livestreamers in China create $300 billion of value per year. Compare to the entire country of Vietnam ($354 billion).

Vietnam is a highly competitive society that has no mercy for anyone.

That goes against the Chinese principle of benevolence 仁义.

That is why you work so hard, yet where is your money?

 

[Viva_Viet]

In China an unemployed person can live easily by streaming computer game or selling makeup online. Our society is as kind as possible to everyone, even people who can only play video games all day or Youtube.

Livestreamers in China create $300 billion of value per year. Compare to the entire country of Vietnam ($354 billion).

Vietnam is a highly competitive society that has no mercy for anyone.

That goes against the Chinese principle of benevolence 仁义.

That is why you work so hard, yet where is your money?

Online game is ""electronic drug" , dude, earning money from Livestream online game is just like drug dealers making money from selling Cocain/opium

CN society is rotten again like during Opium war when too many jobless Cnese have Nothing to do but selling and using ""electronic drug"

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Shares slide after China brands online games 'electronic drugs'
Published3 August
Share

IMAGE SOURCE,BERTHA WANG
Shares in two of China's biggest online gaming firms have slipped after a state media outlet called them "electronic drugs".
Tencent and NetEase shares fell more than 10% in early Hong Kong trade before regaining some of those losses.
Investors are increasingly concerned about Beijing cracking down on firms.
In recent months authorities have announced a series of measures to tighten their grip on technology and private education companies.
An article published by the state-run Economic Information Daily said many teenagers had become addicted to online gaming and it was having a negative impact on them. The news outlet is affiliated with the official Xinhua news agency.
The article cited Tencent's hugely popular game Honor of Kings, saying students were playing it for up to eight hours a day, and asked for more curbs on the industry.

"No industry, no sport, can be allowed to develop in a way that will destroy a generation," it said before going on to liken online games to "spiritual opium"

Shares slide after China brands online games 'electronic drugs'

In recent months Beijing has cracked down on China's technology and private education industries.

www.bbc.com

 

[FairAndUnbiased]

Online game is ""electronic drug" , dude, earning money from Livestream online game is just like drug dealers making money from selling Cocain/opium

CN society is rotten again like during Opium war when too many jobless Cnese have Nothing to do but selling and using ""electronic drug"

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Yet still they make the same money as all of Vietnam combined. Sad

 

[beijingwalker]

FDI inflows to China reach $142 billion by October, growing 17.8%
By Global TimesPublished: Nov 15, 2021 10:23 PM

A view of the Lujiazui area, a financial zone, in Shanghai Photo: VCG

In the first 10 months of 2021, foreign direct investment (FDI) in actual use in China reached 943.15 billion yuan ($142 billion), an increase of 17.8 percent year-on-year. The annual growth rate reached 23.4 percent in US dollar terms, according to data from the Ministry of Commerce.

FDI used in the services sector rose 20.3 percent year-on-year to 752.52 billion yuan, and the invested used in high-tech industries increased by 23.7 percent. In the latter category, foreign capital used in high-tech services grew 27.9 percent, while it expanded 10 percent in high-tech manufacturing.

And, actual investment from countries and regions which join the Belt and Road Initiative (BRI) increased by 30.7 percent and that from the Association of Southeast Asian Nations (ASEAN) rose by 29.5 percent.

The amount of foreign capital actually used is evidence of the increasingly close economic and trade relations between China and members of the BRI and ASEAN, analysts say.

From January to October, trade between China and BRI economies stood at 9.3 trillion yuan, up 23 percent on a yearly basis. As China's biggest trade partner, ASEAN countries saw total trade with China rise to 4.55 trillion yuan, up 20.4 percent and accounting for 14.4 percent of China's aggregate foreign trade volume, according to data from Chinese customs.

China also accounted for more than 10 percent of global FDI during the first half of 2021. FDI nationwide reached $90.96 billion calculated in US dollar terms, up 33.9 percent year-on-year, while global FDI flows arrived at an estimated $852 billion, according to UNCTAD's Investment Trends Monitor which was released on October 18.

FDI inflows to China reach $142 billion by October, growing 17.8% - Global Times

www.globaltimes.cn

 

[tower9]

This Chinese Viet infighting is getting ridiculous. Both countries are doing well and will have a bright future. China is emerging as a great superpower while Vietnam will undoubtedly be the tiger of Southeast Asia. Vietnam is a brotherly country of China and shares our heritage. That’s part of why we fight so much because Confucian countries are very competitive but Vietnamese are a great people and worthy of respect.

 

[Shotgunner51]

And, actual investment from countries and regions which join the Belt and Road Initiative (BRI) increased by 30.7 percent and that from the Association of Southeast Asian Nations (ASEAN) rose by 29.5 percent.

FDI's in China are predominantly from Hong Kong (between 60~70% of all FDI's), followed by Singapore, Taiwan (usually through BVI or Cayman Island), South Korea and Japan. Good to see BRI and ASEAN countries fast increasing their FDI to China from relatively low historical bases, welcome!