New Vehicle sales in China fall for the 17th straight month

[Georg]

You can tell them stop pouring in billions into China, actions speak louder than words, you silly troll.

Foreign Direct Investment Into China Jumps Despite Trade War
Dec. 4 2019
https://www.bloomberg.com/news/arti...investment-into-china-jumps-despite-trade-war

oh what a suprise...the world try to suck chinese market dry... btw bjing troll without the trillions from foreign countrys China would be still a rotten communist mess

 

[FedererExpress]

I don’t trust a single number coming out of the CCP. If it’s a good number, the real number is bad. If it’s a bad number, the real number is far worse. These are corrupt, immoral, unethical, lying Communists. They don’t have a shred of decency or integrity about them. The entire ideology of Communism is rotten to the very core. They have been manipulating all their data for decades for political purposes.

 

[Globenim]

Oh no China is replacing invidual cars with a massive public transport infrastructure buildup and a slight drop of personal car sales primary driven by tanking U.S. car brands in China due to working sanctions on the U.S. and environmental protection measures!

Clearly hard factual evidence and not another retarded nonesensical conclusion that America is winning some maybe related tradewar against China because of its bad infrastructure built around personal cars and proof Chinas infra is bad.

Makes me remember the last time some clueless retard posted another sales decline article followed by the usual pretentious ranting, in response to my breakdown of the brands of exactly that same decline just to shift the fault on a implied Chinese sales lul rather than the overall tanking U.S. brand sales after sanctions as some kind of damagecontrol, even though its was already proven the Chinese brand sales where overall stable.

 

[k s ahmed]

china has no space to park. people buy cars but they dont move them . they fear losing parking space.. no wonder sales are going down..

 

[Hamartia Antidote]

unlike your country India.

Haha!! They never fail @Dubious Yet another idiot to add to the long list.

 

[beijingwalker]

I don’t trust a single number coming out of the CCP. If it’s a good number, the real number is bad. If it’s a bad number, the real number is far worse. These are corrupt, immoral, unethical, lying Communists. They don’t have a shred of decency or integrity about them. The entire ideology of Communism is rotten to the very core. They have been manipulating all their data for decades for political purposes.

LOL, please don't, I like the way you have been brainwashed, that helps us develop, China's glistening cities, highways, bridges, subways, high speed railways, airports...are actually mirage created by the communist party, they don't really exist.

 

[PakFactor]

Auto sales isn’t a determination of a growing or failing economy — China is another case of population density and city planning going opposite ways. As more Chinese join middle class and going to bigger cities the capacity of those cities to handle more motor vehicles is limited e.g space.

China recently has put in place limitations if your such and such distance from work you have to take public transport and not your vehicle. Also, they investing in bicycle pick/drop off among other modes of transportation. Lastly, like South Asians, Chinese are also not big spenders on these sort of deprecating assets — I work in commercial insurance sector and deal with business owners who are driving beaten down 10+ year old Honda and Toyota’s — also reliability of cars and quality allows one to drive one longer, and these are people with 300K+ gross income a year. Asians aren’t a huge consumption driven economy — if you see Chinese and rest of the world savings majority of people are one blown transmission from bankruptcy.


Their was a study out last month saying 90% if global population don’t have more than 1,000 dollars in savings.

 

[Han Patriot]

Haha!! They never fail @Dubious Yet another idiot to add to the long list.

Remember your obsession with hunger? And your appearance in India specific threads!?

 

[Hamartia Antidote]

Remember your obsession with hunger? And your appearance in India specific threads!?

LOL! I don't think I've EVER posted in the India forums.
I bet you have though...Mr. Indian!! Hell you Asians are blood brothers!!

China

India

You guys are definitely related!

Both backwards for a millennia in your mud huts! When we showed you bicycles in the 1920's you bowed in complete amazement!!

..and since when is posting the article "Way too many people can't afford a sustainable diet" in World Affairs suddenly an Indian specific thread??????? It doesn't even mention any country.

 

[KungFuLee]

You can tell them stop pouring in billions into China, actions speak louder than words, you silly troll.

Foreign Direct Investment Into China Jumps Despite Trade War
Dec. 4 2019
https://www.bloomberg.com/news/arti...investment-into-china-jumps-despite-trade-war

I don't know if you notice, but that is actually a bad thing, it mean Chinese internal market outlook is not good, that is why you have investment going into China. Because you invest when the price is low, and sell when the price is high.....

Like housing market, if you see people buying in, that mean the house price is pretty low, which mean the housing market outlook is not good. Foreign investor don't invest when the price is high.

Say if I want to buy a factory in China and invest in its industry, I will not buy when the industry is booming, because when the industry is booming, first, you will have a lot of competitor, second, everything would be expensive, factory, overhead, wages and etc. I will buy when the industry is not good when a lot of people close down, so I can score the factory cheap and I won't have much competition.

 

[beijingwalker]

I don't know if you notice, but that is actually a bad thing, it mean Chinese internal market outlook is not good, that is why you have investment going into China. Because you invest when the price is low, and sell when the price is high.....

Like housing market, if you see people buying in, that mean the house price is pretty low, which mean the housing market outlook is not good. People don't invest when the price is high.

Ok, now we have to wait for the foreign money to be pulled out of China.

 

[KungFuLee]

Ok, now we have to wait for the foreign money to be pulled out of China.

I just modify my post, please read.

 

[beijingwalker]

I just modify my post, please read.

I m in China and everything feels being normal if not getting better, double 11 shopping day just made a world record, people still make more money and spend more money like crazy. If foreigners thousands of miles away say Chinese economy is crashing, be our guest, we are so used to their predictions.

 

[Han Patriot]

LOL! I don't think I've EVER posted in the India forums.
I bet you have though...Mr. Indian!! Hell you Asians are blood brothers!! Both backwards for a millennia in your mud huts! When we showed you bicycles in the 1920's you bowed in amazement!!

..and since when is posting the article "Way too many people can't afford a sustainable diet" in World Affairs suddenly an Indian specific thread??????? It doesn't even mention any country.

Lol sure sure.

 

[GS Zhou]

Chinese Economy is doomed.

Hi man, by saying this, I guess you've never checked the indian car sales number. Do you? Read the sales reports from SIAM (Society of Indian Automobile Manufacturers)

http://www.siamindia.com/pressrelease-details.aspx?mpgid=48&pgidtrail=50&pid=444
The sale of Passenger Vehicles declined by (-) 17.98 percent in April-November 2019 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars and Vans declined by (-) 25.12 percent and (-) 35.28 percent respectively in April-November 2019 over the same period last year, while the sale of Utility Vehicle increased by 3.83 percent.

The overall Commercial Vehicles segment registered a decline of (-) 22.12 percent in April-November 2019 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 37.32 percent and Light Commercial Vehicles declined by (-) 12.74 percent in April-November 2019 over the same period last year.

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BTW, when the car sales volume in China was as small as India's sales today (2~3 million car a year), the yoy (year on year) growth in China was always 15%, or even 25%. The car sales decline in China, for the first time in its history, only happens after the annual sales in China reaches 24 million units, which is MUCH BIGGER than the car sales volume putting all European nations together (15 million cars in 2018). Even the decline happens in 2018 & 19, the car sales 2019 in China is still around 22 million units, still far bigger than the sales in the whole Europe.