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    Economy of China:

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    George1
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    Re: Economy of China:

    Post  George1 on Thu Dec 31, 2015 7:04 am

    China’s yuan weakest since May 2011


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    max steel
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    Re: Economy of China:

    Post  max steel on Sat Jan 02, 2016 6:39 am

    China is expected to surpass the US in terms of nominal GDP by 2026



    KoTeMoRe
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    Re: Economy of China:

    Post  KoTeMoRe on Sat Jan 02, 2016 12:56 pm

    max steel wrote:China is expected to surpass the US in terms of nominal GDP by 2026



    Far earlier...China still has an anemic internal demand in absolute terms. Much of the money the Chinese have is still going into housing and big projects. When that will go back to intermediate goals and consumption, China will leverage far quicker than the US. It's just a matter of numbers.

    If by 2020 the gap is around a trillion, it will be basically a dead horse for the US.

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    Re: Economy of China:

    Post  max steel on Sat Jan 02, 2016 1:24 pm

    KoTeMoRe wrote:
    max steel wrote:China is expected to surpass the US in terms of nominal GDP by 2026



    Far earlier...China still has an anemic internal demand in absolute terms. Much of the money the Chinese have is still going into housing and big projects. When that will go back to intermediate goals and consumption, China will leverage far quicker than the US. It's just a matter of numbers.

    If by 2020 the gap is around a trillion, it will be basically a dead horse for the US.


    If you look at current figure difference between their GDPs is only 6.9 Trillion.

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    Re: Economy of China:

    Post  KoTeMoRe on Sat Jan 02, 2016 2:35 pm

    max steel wrote:
    KoTeMoRe wrote:
    max steel wrote:China is expected to surpass the US in terms of nominal GDP by 2026



    Far earlier...China still has an anemic internal demand in absolute terms. Much of the money the Chinese have is still going into housing and big projects. When that will go back to intermediate goals and consumption, China will leverage far quicker than the US. It's just a matter of numbers.

    If by 2020 the gap is around a trillion, it will be basically a dead horse for the US.


    If you look at current figure difference between their GDPs is only 6.9 Trillion.

    Yes but that's about half a decade worth, not over a decade. China is growing a trillion more in net terms and about 1.4 trillions brutto over the US. Clearly there's a questionmark about both numbers and sustainability when it comes to China, but if thy can keep it up, we would have new overlords at the dawn of the new decade.

    So NO BI, you can't flogg a dead horse and hope it will run. Thanks for playing though.




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    Re: Economy of China:

    Post  max steel on Tue Jan 05, 2016 3:25 pm

    China's non-financial FDI set to hit a record $126 billion in 2015


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    Re: Economy of China:

    Post  max steel on Fri Feb 12, 2016 1:10 am

    TPP Benefiting China



    George1
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    Re: Economy of China:

    Post  George1 on Mon Feb 15, 2016 10:59 am

    China’s Central Bank Strengthens Yuan-Dollar Rate by 0.3%

    The People’s Bank of China (PBOC) set its national currency, the yuan, at 0.3 percent against the US dollar opening the market after extended Chinese Lunar New Year holidays on Monday.

    BEIJING (Sputnik) – The PBOC fixed the average yuan exchange rate at 6.5118, marking the biggest rise in over three months, against the pre-holiday February 5 rate of 6.5314.

    China's currency has lost more than 1.5 percent against the US dollar since the start of 2016.

    The yuan's January devaluation by PBC has been the largest since August 2015, when the currency lost over 3 percent against the dollar, triggering a stock market slump around the world.

    Decelerating growth rates have plagued the Chinese economy alongside turbulent stock markets and a falling currency. China's economy grew 6.9 percent in 2015, down from 7.3

    Read more: http://sputniknews.com/asia/20160215/1034760719/yan-dollar-rate-strengthened.html#ixzz40EHMG12D


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