China - Economic Data & News 22 (Jul 24 - Dec 25)

[behappyalways]

China's share of global wealth has grown by 500% since 2000
https://x.com/Mayhem4Markets/status/1940470007865225648

[behappyalways]

China's 'Fentanyl King' Plunges Into "Corruption Fueled Bankruptcy"
https://www.zerohedge.com/markets/china ... bankruptcy

[behappyalways]

Downgrade in consumption hits high-priced restaurants!
Five-star hotels set up stalls to survive.
Mid-star hotels set up stalls on the street.
Manager: How much is face worth?

中消費降級挫高價餐飲! 五星飯店擺攤求活路 中星級飯店上街擺攤 經理: 面子值多少錢?│記者 張雅琁│國際焦點20250707│三立新聞台

https://m.youtube.com/watch?v=XqWgHuWElMo

[behappyalways]

‘0 yuan milk tea’: China’s food delivery price war hits fever pitch
https://www.channelnewsasia.com/east-as ... on-5228761

[behappyalways]

China's 373MPH Maglev Train Debuts, Slashing Travel Time Between Cities
https://www.zerohedge.com/markets/china ... een-cities

[behappyalways]

Competition in China's food delivery industry is fierce.
"Zero-dollar purchase" attracts customers and stirs up chaos in tea drinking.
"Zero-dollar purchase" attracts customers and stirs up chaos.
There are milk teas everywhere but no one wants them.
中國外送競爭激烈 "零元購"搶客掀茶飲亂象外送"零元購"搶客添亂象 滿地奶茶無人領│記者 林芷綺│國際焦點20250717│三立新聞台
https://m.youtube.com/watch?v=hOmNw7I9qlE


China's "delivery war" is a bloodbath, and businesses are suffering from "busyness in vain"
中國"外送大戰"血流成河 苦了商家"忙了個寂寞"│國際焦點20250717│三立新聞台
https://m.youtube.com/watch?v=RnbdmIASB ... wJAYcqIYzv

[winston]

Investors look to China’s Politburo meeting for signs of fighting industrial overcapacity

All eyes will be on how gathered leaders address hyper-competition in industries including solar and lithium batteries, EVs and e-commerce

by Zhang Shidongin Shanghai

Equity investors are shifting their attention to China’s coming Politburo meeting for any clues on whether top leaders will introduce measures to fight back against overcapacity in some of the nation’s emerging industries.

All eyes will be on how the gathered leaders address hyper-competition in industries including solar, lithium batteries, electric vehicles (EVs) and e-commerce.

The summit was expected to be convened later this month and the 24 members of the Communist Party’s decision-making Politburo were expected to attend.

Excessive output in these sectors has been blamed for exacerbating China’s deflation and the issue has been highlighted at several high-level meetings as “involution”, a term referring to a self-defeating cycle of excessive competition.

While expectations are low that the Politburo conclave will yield sweeping stimulus measures that would be a boon for equities, investors were hoping for a repeat of an anti-overcapacity campaign in 2016 that took on bloat among coal, steel and commodity producers.

On Thursday, HSBC said the solar industry would benefit most from an anti-involution drive because the need for a revamp was urgent due to low utilisation and nagging losses at leading firms.

Source: SCMP

https://www.scmp.com/business/china-bus ... pe=article

[behappyalways]

China's "zero-dollar shopping" chaos: extreme discounts offered by delivery platforms lead to vicious competition

中國「零元購」亂象　外送平台推極端優惠釀惡性競爭｜#鏡新聞

https://m.youtube.com/watch?v=rWIKcqXvItQ

[behappyalways]

Mainland China spends 5 trillion yuan!
"Yaxia Project" will become China's secret weapon to fight against the United States in the artificial intelligence competition!

中國大陸耗資五兆元！「雅下工程」將成爲中國對抗美國人工智慧競賽的秘密武器！【#風向龍鳳配】｜CC字幕

https://m.youtube.com/watch?v=xVBoBQK0J_A

[behappyalways]

Sleep during the day and be active at night!
Chinese youth are scrambling to become "rat people" and live a "low energy" life. The "rat people" trend among Chinese youth

白天睡覺.晚上活動! 中國青年搶當"老鼠人"保持"低能量"過日子 中國年輕人"老鼠人"風潮│記者 劉玨妤│國際焦點20250725│三立新聞台

https://m.youtube.com/watch?v=8xIGwZCUqCM