Posted by qqq47660 > 2024-03-06 13:57 | Report Abuse

moral society of China vs immoral, no moral society of USA.

this will be played out in coming years in very clear ways.

Posted by qqq47660 > 2024-03-06 14:05 | Report Abuse

u can rest assured that Xi jinping is not interested in shortermism, in short cuts, in stock market, . but rather focus fully on what is moral.

Posted by Jefftan123 > 2024-03-06 18:45 | Report Abuse

China's 2024 economic blueprint lacks details Market participants are unreassured

In order to boost confidence in China's economy, Beijing has set a full-year economic growth target of around 5%. But in the view of some analysts, Premier Li Qiang's goal but no concrete plan will not solve the serious challenges facing the world.

Li Qiang announced on the opening day of the National People's Congress that China will maintain the same economic growth rate as last year, the second time in 10 years that Beijing has not lowered its economic targets, the last time in 2018 when the trade war between China and the United States broke out.

Caught in the longest deflationary cycle since the 1990s
Although Li Qiang told the delegates that achieving this year's expected goals would require concerted efforts from all sides, this was not reflected in his government work report. He did not adjust the fiscal deficit ratio, did not launch major measures to boost consumption, and did not give specific details on how to solve the housing crisis. China is in the midst of its longest deflationary cycle since the 1990s, and the government work report does not directly mention deflation.

"This is a target that is not supported by a concrete plan," said Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis. "This shows that the authorities in Beijing do not recognize the gravity of the situation. What do you need to do to support consumption? Wages have been falling, it's deflation, what are you going to do about it? ”

China is hopeful that confidence in private enterprises and residents will pick up. According to Xinhua News Agency on Tuesday, Xi Jinping expressed support for the development and growth of the private economy and private enterprises when participating in the deliberations of the Jiangsu provincial delegation, boosting the confidence of the whole society in development.

Posted by Jefftan123 > 2024-03-06 18:46 | Report Abuse

China's economy has been slowing for more than a decade
China's economy has been slowing for more than a decade, and it is slowing more and more widely, growing at an average of just over 4 percent over the past two years.

President Xi Jinping advocates self-reliance and self-improvement in science and technology, placing national security as important as economic growth. At the same time, the massive stimulus measures previously introduced during the economic downturn are no longer being used to contain debt risks.

Li Daokui, a professor at Tsinghua University who advises the Chinese government on setting annual targets, said this year's growth targets were quite aggressive. He believes that projects such as the renovation of old towns, which were highlighted on Tuesday, are also crucial, but officials should focus on stimulating consumption.

Li Daokui told Bloomberg TV that he told the prime minister that China needs to adopt more aggressive policies to boost consumption. Li suggested that the government issue consumption vouchers worth RMB1 trillion on the next major festival.

Li Qiang reiterated that he will promote the trade-in program to promote the consumption of electric vehicles, electronics and other big-ticket goods. Goldman Sachs estimates that the program could contribute 0.6 percentage points to GDP growth this year.

Focus on the supply side
or lead to more deflation and international trade tensions
Officials have also been instructed to reorient economic growth and accelerate the development of new productive forces, a slogan coined by Xi Jinping in September that refers to cultivating a driving force for high-tech development. The vague wording has heightened fears that China's policies will focus on the supply side in the future, leading to more deflation and international trade tensions.

China has set a target of 1 for the full year of new urban jobs

Posted by qqq47660 > 2024-03-06 20:29 | Report Abuse

4 or 5% GDP growth, any G7 country can only dream of it but cannot get.

Posted by qqq47660 > 2024-03-06 20:30 | Report Abuse

China 4 or 5% GDP growth, China will still be the largest contributor of world growth.

Posted by qqq47660 > 2024-03-06 20:37 | Report Abuse

India is a 3 trillion usd economy. at 8% India will contribute USD 240 billion to growth. China at USD 20 trillion economy at 5% will contribute 1 trillion to world growth

Posted by DickyMe > 2024-03-06 21:00 | Report Abuse

This number games are for school kids to cock about.

Posted by qqq47660 > 2024-03-06 22:54 | Report Abuse

dicky, take anwar words....malaysia do not want to piss off China.

Posted by qqq47660 > 2024-03-06 22:55 | Report Abuse

only id.iots and american puppets want to piss off China.

Posted by DickyMe > 2024-03-07 10:18 | Report Abuse

So, you are saying Anwar admitted that Malaysia is a lapdog of China?

Posted by qqq47660 > 2024-03-07 10:25 | Report Abuse

I think Malaysia should respect and get to know China more. Anwar doing a great job in Australia telling the Australia to f off and not create trouble in this region.

Posted by qqq47660 > 2024-03-07 10:26 | Report Abuse

Dicky, u want Anwar be like Marcos jr meh?

Posted by qqq47660 > 2024-03-07 12:07 | Report Abuse

China only help do not give trouble to neighbors

Posted by qqq47660 > 2024-03-07 12:08 | Report Abuse

Mahathir is right to say if China really want to invade, we just let them in. No point fighting...just too big to fight

Posted by xiaoeh > 2024-03-07 12:14 | Report Abuse

QQQ
as a Malaysian i will fight for my motherland
Malaysia is for Malaysian
any invader be it a bit bear or small cat is not allow

Posted by xiaoeh > 2024-03-07 12:14 | Report Abuse

big bear

Posted by xiaoeh > 2024-03-07 12:17 | Report Abuse

if you think that all Malaysian will not dare to fight
u must go have u head check
let's drop this topic QQQ

Posted by qqq47660 > 2024-03-07 12:42 | Report Abuse

U think war is child play meh? Mahathir is right and experienced man

Posted by qqq47660 > 2024-03-07 12:43 | Report Abuse

A leader like Marcos jr only bring ruins to Philippines

Posted by qqq47660 > 2024-03-07 12:48 | Report Abuse

America is always looking for the next zelenski anywhere in the world. U trust America meh?

Posted by qqq47660 > 2024-03-07 12:49 | Report Abuse

Zelenski and colour revolution are all birth by America

Posted by xiaoeh > 2024-03-07 13:24 | Report Abuse

i would make an assumption if China invades Taiwan

1) China will lose the battle and not even that
2) China will loses some coastal provinces to Taiwan
3) Taiwan may eventually control China

my assumption is based on the following
1) Xi has never had 1st hand information
whatever information's that Xi received are 3rd and 4th filtered or fabricated information
as Xi is someone only like to see and hear what he likes
and closed eye or punish to those who provide real and true information
2) Xi is living in his illusionary world as of mentioned above
in some point
QQQ your are far better than Xi
as you have 1st hand information where Xi doesn't have

Posted by xiaoeh > 2024-03-07 13:26 | Report Abuse

i would say today China can be better if QQQ is going to govern China

stop here

Posted by qqq47660 > 2024-03-07 13:45 | Report Abuse

China is the largest economy in the world by ppp..........give China some respect.

Posted by xiaoeh > 2024-03-07 13:52 | Report Abuse

look at what u said
big guy can bully small guy
small guy being bullied by big guy can only and must respect that big guy?

QQQ should learn the China history seriously on how every empire fall

Posted by xiaoeh > 2024-03-07 13:53 | Report Abuse

btw
i'm tired already
stop here
have a nice day QQQ

Posted by qqq47660 > 2024-03-07 13:59 | Report Abuse

Only people who respect China do well.......................the rest are victims of american hegemony.

Posted by qqq47660 > 2024-03-07 14:13 | Report Abuse

why any malaysian want to use this forum to help America in its war against China?

Posted by qqq47660 > 2024-03-07 14:14 | Report Abuse

america is an honest broker meh?

Posted by xiaoeh > 2024-03-07 14:15 | Report Abuse

Posted by qqq47660 > 14 minutes ago | Report Abuse
Only people who respect China do well.......................the rest are victims of american hegemony.

no leh QQQ
you are more hegemony than the American
go read back all what u said
full of hegemony spirit

Posted by qqq47660 > 2024-03-07 14:16 | Report Abuse

https://www.youtube.com/watch?v=9SZGtAGVQso

Malaysian PM urges Western countries to accept China as superpower | 9 News Australia

biggest problem is anglo saxon to accept China as a super power.

Posted by qqq47660 > 2024-03-07 14:18 | Report Abuse

China as a super power is a fact. Not some thing to fight against.

Posted by xiaoeh > 2024-03-07 14:18 | Report Abuse

China may or may not be hegemony
but QQQ as a proxy is full of hegemony spirit

Posted by xiaoeh > 2024-03-07 14:19 | Report Abuse

very tiring talking to QQQ
have a nice day QQQ
will never ever want to come here again
Bye

Posted by qqq47660 > 2024-03-07 14:36 | Report Abuse

even Anwar and Mahathir can understand China.........

how come got Malaysian Chinese cannot understand China?

why a Malaysian Chinese want to be a Marcos Jr? Marcos Jr is just another corrupt politician.

Posted by qqq47660 > 2024-03-07 14:39 | Report Abuse

Thai PM puts it well. He says China is big brother to Thailand, same family.

that is why BYD is setting up big EV plant in Thailand and Thailand will do well.

Posted by qqq47660 > 2024-03-10 10:08 | Report Abuse

China data shows an improving China is all aspects

Posted by qqq47660 > 2024-03-11 00:00 | Report Abuse

With Nvidia and apple facing headwinds how long before wall street rally over

Posted by qqq47660 > 2024-03-11 00:01 | Report Abuse

Nvidia monopoly will not last the whole of 2024

Posted by qqq47660 > 2024-03-11 16:12 | Report Abuse

With Nvidia tesla and apple facing headwinds how long before wall street rally over

Posted by qqq47660 > 2024-03-11 19:00 | Report Abuse

https://www.youtube.com/watch?v=mye5u5pSrnc


look at this...everybody crazy over Xi's comments, everybody wants to buy shares that comply with Xi.

Posted by qqq47660 > 2024-03-13 12:45 | Report Abuse

Where are all the fake economists?

Posted by qqq47660 > 2024-03-14 12:19 | Report Abuse

Where are the HK terrorists Taiwan taidu and farlungkung?

Posted by qqq47660 > 2024-03-15 11:10 | Report Abuse

What happened to China bears? Why all quiet?

Posted by stevewill > 2024-03-15 20:26 | Report Abuse

Looks like Meituan (HK:3690) is taking a hit with weaker Q4 revenue due to slow consumer spending in China. Shares are down 11.6% to HK$91.10, hitting a three-year low. Hang Seng index is also down nearly 2% because of Meituan's losses.

Posted by qqq47660 > 2024-03-16 13:37 | Report Abuse

But internet shares are not part of Xi jinping high quality development.....have never been. Basic technology of these internet companies have been invented decades ago.

Posted by qqq47660 > 2024-03-16 19:02 | Report Abuse

And revenue down is not because no demand but more rivals fierce competition......thousands of such web sites in China.

Posted by qqq47660 > 2024-04-02 22:52 | Report Abuse

qqq47660

Over the last two months, some of the best shares to keep are china shares geely and Xiaomi...and most china bottomed in feb

Posted by qqq47660 > 2024-04-29 13:11 | Report Abuse

China collapsing says western media but Hang Seng is now 5 month high.