Surprise: Vietnam records trade surplus with China

[Kiss_of_the_Dragon]

Yawn

https://www.nytimes.com/2014/04/09/...eign-cars.html?referer=https://www.google.fr/

Yawn as much as you want, the reality is that Indians buy Chinese product and that explain our trade surplus of 53+ billions with India.

 

[patman]

Yawn as much as you want, the reality is that Indians buy Chinese product and that explain our trade surplus of 53+ billions with India.

Sad when Chinese don't even buy Chinese products

 

[Kai Liu]

Sad when Chinese don't even buy Chinese products

This is definitely true for india, but is complete B.S. for China. Take auto sales for example, China produced 29 million automobiles last year, and sold 28 million in domestic market, among them, half is from Chinese brands. If talk about mobile phones, laptops, etc, then look at our Huawei, Xiaomi, Vivo, Oppo, Lenovo, etc... You will be really embarrassed: according to your BS: "Even Chinese don't buy Chinese products", but indians buy them.. Soooooo Sad! Huh?

 

[patman]

This is definitely true for india, but is complete B.S. for China. Take auto sales for example, China produced 29 million automobiles last year, and sold 28 million in domestic market, among them, half is from Chinese brands. If talk about mobile phones, laptops, etc, then look at our Huawei, Xiaomi, Vivo, Oppo, Lenovo, etc... You will be really embarrassed: according to your BS: "Even Chinese don't buy Chinese products", but indians buy them.. Soooooo Sad! Huh?

the biggest car brands in China are Nissan , Volkswagen , big Chinese names like buick ,whg are just proxies of general moters

 

[Kai Liu]

the biggest car brands in China are Nissan , Volkswagen , big Chinese names like buick ,whg are just proxies of general moters

Go this thread to see how many Chinese brand cars are sold last year:
https://defence.pk/pdf/threads/chinas-auto-sales-volume-reached-28-88-million-in-2017.540557/
Above are just about cars, which we have a late start... And there are other sectors, say, electronics...
And do compare to your data, i.e. how many and percentage of TATA, Mahindra are sold in india...
Then tell me: Who should feel sad? China or india?

 

[patman]

Go this thread to see how many Chinese brand cars are sold last year:
https://defence.pk/pdf/threads/chinas-auto-sales-volume-reached-28-88-million-in-2017.540557/
Above are just about cars, which we have a late start... And there are other sectors, say, electronics...
And do compare to your data, i.e. how many and percentage of TATA, Mahindra are sold in india...
Then tell me: Who should feel sad? China or india?

Lol derailing thread out of shame , what what can i expect from you. Why are you comparing India when you are talking about thriving foreign brands in China

 

[Kai Liu]

Lol derailing thread out of shame , what what can i expect from you. Why are you comparing India when you are talking about thriving foreign brands in China

No, If you are not blind, you will see Chinese brands sold over 10 million cars in China, then, your "Chinese don't buy Chinese product" are complete bullshit! I am not sure about "thriving foreign brands in China", because it is not our fault to be able to afford so many BMWs, Benzs, Audis, and Porsche etc... unlike poor indians. And I do see "thriving Chinese brands in india", which is definitely ture. Haha..

 

[nature is]

Please read the article before bragging. Vietnam trade surplus was for the month of February, not the fiscal year. http://www.globaltimes.cn/content/1092789.shtml


Vietnam remained in trade deficit with China,

$25.5 billion for 2016

$20.4 billion for 2017


http://customsnews.vn/imports-incre...eficit-with-china-sharply-decreased-5349.html
"According to the latest information from the General Department of Vietnam Customs (GDVC), until the end of October 2017, the total export turnover of Vietnam to China reached US$ 26.46 billion, an increase of 53% compared to the same period in 2016 (equivalent to an increase of US$ 9.14 billion). Meanwhile, import turnover was US$ 46.831 billion, an increase of 16.1%.

Thus, until the end of October, Vietnam’s trade deficit from China was nearly US$ 20.4 billion. This was huge gap but the trade deficit compared to 2016 sharply decreased. Specifically, in the same period in 2016, trade deficit was US$ 29.51 billion."

 

[xunzi]

We make so much money that I wouldn't care about the surplus the Little Vietnam made on us. It's good for them. Congrats! LOL

 

[AViet]

Sad when Chinese don't even buy Chinese products

You must never been to China. Everywhere in the supermarket, you can only find Chinese products, from electronics to daily consumables items. I doubt you can find a single Samsung or foreign brand TV in cafeteria or shop for one day spent in the street.

the biggest car brands in China are Nissan , Volkswagen , big Chinese names like buick ,whg are just proxies of general moters

Again, wrong assumption by people who never been to China. Most of car on the streets are of Chinese brands, except the taxi perhaps (which made in Volkswagen Shanghai)

 

[Viet]

Please read the article before bragging. Vietnam trade surplus was for the month of February, not the fiscal year. http://www.globaltimes.cn/content/1092789.shtml


Vietnam remained in trade deficit with China,

$25.5 billion for 2016

$20.4 billion for 2017


http://customsnews.vn/imports-incre...eficit-with-china-sharply-decreased-5349.html
"According to the latest information from the General Department of Vietnam Customs (GDVC), until the end of October 2017, the total export turnover of Vietnam to China reached US$ 26.46 billion, an increase of 53% compared to the same period in 2016 (equivalent to an increase of US$ 9.14 billion). Meanwhile, import turnover was US$ 46.831 billion, an increase of 16.1%.

Thus, until the end of October, Vietnam’s trade deficit from China was nearly US$ 20.4 billion. This was huge gap but the trade deficit compared to 2016 sharply decreased. Specifically, in the same period in 2016, trade deficit was US$ 29.51 billion."

you cite figures of the past. this year the growth in VN export to CN (93%) is higher than CN export to VN (50%), so the gap will be very narrow this year, if not flat. or not turning to surplus for VN. much more potential for trades if having better infrastructures. trades between VN and CN last year reached $121.3 billion.

http://english.vietnamnet.vn/fms/business/196762/business-in-brief-9-3.html

The floating bridge linking Mong Cai city in Vietnam’s Quang Ninh province and Dongxing city of China’s Guangxi Zhuang Autonomous Region (Photo: VNA)

 

[nature is]

you cite figures of the past. this year the growth in VN export to CN (93%) is higher than CN export to VN (50%), so the gap will be very narrow this year, if not flat. or not turning to surplus for VN. much more potential for trades if having better infrastructures. trades between VN and CN last year reached $121.3 billion.

http://english.vietnamnet.vn/fms/business/196762/business-in-brief-9-3.html

The floating bridge linking Mong Cai city in Vietnam’s Quang Ninh province and Dongxing city of China’s Guangxi Zhuang Autonomous Region (Photo: VNA)

Figure of past? 2018 hasn't completed, how does one get the final figures??????
The article that you quoted referred to month of February ONLY.

The full year data for 2017, Vietnam trade deficit with China stood at $20.4 billion

Please stop delusional bragging.

 

[terranMarine]

9 months to go, what's the hurry for celebrating VN's trade surplus so early on? Remember it's China who can grant Vietnam trade surplus or create a huge deficit. So if you kowtow enough, China might be in the mood to import more.

 

[Viet]

$200 billions economy who act like $2 trillions economy, that's Vietnamese on this forum.

Look, we want to start the construction of a $50b HSR by 2020. That is about 1/4 of GDP. You see there is little correlation between GDP and investment or GDP and trade volumes. You are free to post trade volumes or other economic news from Indonesia.

 

[sweetgrape]

Sad when Chinese don't even buy Chinese products

You should know Made in China and Chinese brand products are different, Most of products in China are made-in-China, including weapon.

Why should Chinese are sad, when you indian are such happy?