我们今天了解到，将苹果设备的更多生产从中国转移到印度的计划正在大幅加快。 在不到一年的时间里，富士康计划对一家印度工厂的投资增加了近400%。 We’re today learning of a major acceleration in plans to shift more production of Apple devices from China to India. In less than one year, Foxconn has increased its planned investment in an Indian plant by almost 400%.
— Read on 9to5mac.com/2023/12/13/shift-production-from-china/
Tag: china_economic_bubble 中国经济泡沫
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苹果从中国转移生产的计划大幅增加 Major ramp-up in Apple’s plans to shift production from China
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又在中国发生了！ 几乎每天都有矿井、桥梁和建筑物倒塌 11 die in coal mine accident in China’s Heilongjiang province 黑龙江省煤矿事故已造成11人死亡
https://www.globaltimes.cn/page/202311/1302683.shtml
Eleven people died in an accident at a coal mine in China’s northeastern Heilongjiang province on Tuesday, state media outlet CCTV said.
中国一直致力于提高矿山安全水平，打击多发事故。 8月，中国北部陕西省的另一场煤矿爆炸也造成11人死亡。 9月，中国南部贵州省发生煤矿火灾，造成16人死亡。就在几周前，中国北方一家煤矿公司大楼发生重大火灾，造成 26 人死亡、数十人受伤，但火灾并非发生在矿井本身。
The accident occurred at 3 p.m. (0700 GMT) at the Shuangyang coal mine of Heilongjiang Longmei Shuangyashan Mining Co, and is initially believed to have been caused by a rock burst, the report said.
The cause of the accident is under further investigation, CCTV added. Rock bursts happen when pent up energy stored in rock causes it to violently fracture.
China has been working on improving mine safety to combat accidents that happen with some frequency. In August, another coal mine explosion also killed 11 people in northern China’s Shaanxi province. A coal mine fire in southern China’s Guizhou province killed 16 people in September.
Just a few weeks ago, a major fire at a coal mining company building in northern China killed 26 and injured dozens, though the blaze was not in the mine itself.
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受需求不足拖累，11月中国制造业活动仍处于收缩状态 China’s manufacturing activity remains in contraction in November, weighed down by insufficient demand
China’s economy is still facing a bumpy recovery with various uncertainties, including a sluggish property market, fiscal pressures on local governments, a bleak export outlook and low confidence in the private sector.
S&P Global Ratings predicted in its economic outlook on Sunday that China’s economy would grow by 5.4 per cent in 2023, year on year, but could slow to 4.6 per cent growth next year.
“China’s outlook has improved, but obstacles remain,” analysts at S&P Global said.
“A property downturn is still a pain point for the Chinese economy, but growth momentum has slightly improved because of policy support.”
中国经济复苏仍面临坎坷，房地产市场低迷、地方政府财政压力、出口前景黯淡、私营部门信心低迷等不确定因素较多。
标准普尔全球评级周日在其经济展望中预测，2023年中国经济将同比增长5.4%，但明年增速可能放缓至4.6%。标准普尔全球分析师表示：“中国的前景有所改善，但障碍仍然存在。”
“房地产低迷仍然是中国经济的痛点，但由于政策支持，增长动力略有改善。”
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中国禁止进口日本鱼，中国人决定在日本福岛海域自行非法捕捞。 非常有趣的国家！China ban import Japan fish and then Chinese decided to fish by themselves at Fukushima, Japan Sea by illegally. Very Funny country !!
中国船只在北京所称的“福岛核污染水”中捕鱼，然后运往中国，而日本船只在同一地区捕获的相同海产品仍被禁止在该国销售。
一个月前，日本政府和东京电力公司开始排放受灾福岛第一核电站经处理的放射性水后，中国政府立即全面禁止进口日本海鲜。
但中国船只在太平洋同一海域捕获的鱼显然是合格的国产产品。
《朝日新闻》利用全球渔业观察网站分析了中国渔船在北太平洋北海道根室以东约 1000 公里处的秋刀鱼、鲭鱼和沙丁鱼捕捞区域的活动。
Chinese boats are catching fish in what Beijing calls “Fukushima nuclear-contaminated water” for distribution in China, while the same marine products caught in the same area by Japanese vessels remain banned in that country.
The Chinese government imposed a blanket ban on Japanese seafood imports immediately after the Japanese government and Tokyo Electric Power Co. began releasing treated radioactive water from the stricken Fukushima No. 1 nuclear power plant a month ago.
But fish caught in the same part of the Pacific Ocean by Chinese vessels are apparently A-OK as domestic products.
The Asahi Shimbun used the Global Fishing Watch website to analyze activities of Chinese boats in a fishing area for sauries, mackerels and sardines about 1,000 kilometers east of Nemuro, Hokkaido, in the North Pacific Ocean.
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Civil Servants go unpaid and Local Government Borrowed From Temples/Protests surge in China 中国公务员拖欠工资，地方政府向寺庙借钱/抗议活动激增
这是广西广西著名旅游城市广电局的入口。 30多人举着横幅索要工资。 随后，该市官方媒体发布辟谣公告，称有关广电系统职工陷入经济困难的信息不实。 不过，通知没有解释视频中的抗议者是谁，也没有说明他们是否是广电系统的员工。
在中国各地，很多市政府雇员的工资都没有超过 6 个月。
非常有趣的是，许多地方政府从中国大部分城市富有并保留大量现金的寺庙借钱。 中国寺庙的和尚与女朋友开着法拉利、奔驰，和女孩喝完酒后，在服务场所享受赌博和性服务。
这就是中国的样子。由于包括中国国有企业在内的许多房地产开发公司破产，
愤怒的中国购房者和重新房地产业务的投资者现在在中国各地都损失了所有的钱。中国共产党不承认他们的经济问题，并试图审查互联网上所有相关的实际新闻。
摘自中国政府喉舌毛宁评论
“中国经济非常健康、光明，我们没有看到任何问题。”同时她在一份新闻稿中表示，数十万中国政府雇员、购房者、投资者正在街头挣扎着领取工资。 尽管警察阻止，他们还是拿回了钱。This is the entrance to the Radio and Television Bureau in a well-known tourist city in 广西 Guangxi Province. More than 30 people were holding up banners and demanding their wages. Subsequently, the official media of this city issued a notice to dispel the rumors, claiming that the information about the workers of the radio and television system being in financial difficulties was untrue. However, the notice didn’t explain who the protesters were in the video or whether they were employees of the broadcasting and television system.
A lot of City goverment employees are not paid over 6 mo nth in China Everywhere.
Very Funny thing is, Many Local government loan the money from Temple that is rich & keeping casdh a lot in most of China city. Monks of China Temple driving Ferrali, Benz with Girl friend and After Drinking a alchole with girl servbiced place with enjoying gamble and sex service.
This is the thing what is China looks like.By Bankruption of many realestate developement companies including China government owened companies,
Angry Chinese house buyers and invester into reralestate business lose all their money in everywhere in China now.China’s CCP does not admit their economic problem and trying to to censor all related actual news from their internet.
By the comment from China goverment’s mouthpiece (Mao Ning)
“China’s economic is very healthy and bright, we didn’t see any of problem”.. at the same time She said to a press release, hundred thousands of Chinese government employees, home buyers, investers are struggling on the street to get paid back their money in spite of police’s blocking. -
在习近平的中国，“共同繁荣”意味着期望值降低 In Xi’s China, ‘Common Prosperity’ Means Lower Expectations | WPR
在过去的几个月里，中国的经济困境充斥着新闻，因为其期待已久的疫情后复苏尚未实现。大部分报道都集中在北京的“零新冠肺炎”政策对中国消费者信心和房地产行业崩溃的长期影响，以及习近平主席对私营部门的持续镇压和反腐败运动，该运动目前以医疗保健部门为目标。
但中国经济中的问题根深蒂固，在2020年初疫情爆发之前就已经很明显了。自2010年代以来，增长速度已经放缓，从2007年的12%以上减半到2019年的约6%，就在新冠肺炎爆发之前，
and halving again to 3 percent this year, its lowest rate of growth in a generation. Nevertheless, this slowdown is partly by design, as a way to focus on the quality of growth and higher-level goals, such as technological innovation, improved air quality and reducing China’s persistently high income inequality.
— Read on www.worldpoliticsreview.com/xi-china-economy-common-prosperity/ -
Italy is about to say to Beijing, ‘Hit the road, Xi’ 意大利即将对北京说：“习近平上路吧”
https://www.euronews.com/2023/09/08/italy-is-about-to-say-to-beijing-hit-the-road-xi
令人惊讶的是，意大利表示预计将退出中国雄心勃勃但陷入困境的“一带一路”倡议——这高调提醒人们该倡议未能实现其目标。
对于罗马来说，增加对华出口的承诺并未达到预期，而在整个南方国家，“一带一路”协议往往收效甚微，除了资助腐败、建设有缺陷或不需要的基础设施，并给低收入国家带来巨大的新债务负担已经在为基本服务提供资金而苦苦挣扎。
In a surprising twist, Italy has indicated that it expects to leave China’s ambitious but troubled Belt and Road Initiative — a high-profile reminder that the initiative has failed to meet its goals.
For Rome, the promise of increased exports to China has not met expectations, while throughout the Global South, BRI agreements have often achieved little but funding corruption, building faulty or unneeded infrastructure, and contributing to a massive new debt burden for low-income countries already struggling to fund basic services.
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Xi’s China has become too risky for foreign businesses 习近平领导下的中国对于外国企业来说风险太大
Recent moves, such as aggressive police raids against foreign businesses and the withholding of basic economic data are akin to putting up a “Do Not Enter” sign.
The harder the Chinese Communist Party clamps down on news, views and data that don’t fit its preferred narrative, the greater the investment risk and the harder it will be for China to tap global capital markets.
最近的举措，例如警方对外国企业的猛烈突击搜查以及扣留基本经济数据，无异于竖起“请勿进入”的牌子。
中国共产党对不符合其偏好叙述的新闻、观点和数据打压越严厉，投资风险就越大，中国就越难进入全球资本市场。
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China’s Outdated And Abandoned EVs Are Piling Up 中国过时的和废弃的电动汽车正在堆积如山
https://jalopnik.com/china-s-outdated-and-abandoned-evs-are-piling-up-1850752078
The cars were likely deserted after the ride-hailing companies that owned them failed, or because they were about to become obsolete as automakers rolled out EV after EV with better features and longer driving ranges. They’re a striking representation of the excess and waste that can happen when capital floods into a burgeoning industry, and perhaps also an odd monument to the seismic progress in electric transportation over the last few years. 这些汽车很可能在拥有它们的乘用车公司倒闭后被遗弃，或者因为随着汽车制造商推出性能更好、行驶距离更长的电动汽车，它们即将过时。 当资本涌入蓬勃发展的产业时，它们可能产生的过剩和浪费，也许也是过去几年电力运输领域的地震性进展的一个奇怪的纪念碑。
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China property developer Evergrande files for bankruptcy protection in US 中国房地产开发商恒大在美国申请破产保护
The world’s most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March. 世界上最负债最多的房地产开发商在2021年违约，并于3月宣布了一项离岸债务重组计划。
— Read on www.cnbc.com/2023/08/18/china-property-developer-evergrande-files-for-bankruptcy-protection-in-us.html -
China Shadow Bank Crisis Sparks Protest by Angry Investors 中国影子银行危机引发愤怒投资者抗议
https://news.yahoo.com/china-shadow-bank-crisis-sparks-102709635.html
Chinese investors protested outside the office of one of the country’s biggest shadow banks, in a rare show of public outrage after the firm skipped payments on dozens of investment products. 中国投资者在中国最大影子银行之一的办公室外抗议，在该公司拒绝支付数十种投资产品后，这是罕见的公众愤怒表现。Zhongrong is among the biggest firms in the country’s $2.9 trillion trust industry, which pools savings from wealthy households and corporate clients to make loans and invest in real estate, stocks, bonds and commodities. The firm has 270 high-yield products totaling 39.5 billion yuan ($5.4 billion) due this year, according to data provider Use Trust. 中融是中国规模达 2.9 万亿美元的信托行业中最大的公司之一，该行业汇集富裕家庭和企业客户的储蓄，发放贷款并投资于房地产、股票、债券和大宗商品。 根据数据提供商 Use Trust 的数据，该公司今年将有 270 种高收益产品到期，总价值达 395 亿元人民币（54 亿美元）。
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China’s government tries to defuse economic fears after real estate developer’s debt struggle | 在房地产开发商的债务斗争后，中国政府试图化解经济恐惧 AP News
China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy. 在一家大型房地产开发商未能偿还数十亿美元债务后，中国政府正试图安抚紧张的购房者，这重新唤起了人们对该行业动荡的财务状况及其对陷入困境的中国经济的影响的担忧。
— Read on apnews.com/article/china-debt-real-estate-country-garden-8452f8fc81697903bbd2cbd37f0e76be他们强调了该行业在执政的共产党的压力下为减少被视为经济威胁的飙升债务而进行的斗争。这使数百家小型开发商破产，并抑制了中国的经济增长。
they highlight the industry’s struggle under pressure from the ruling Communist Party to reduce soaring debt that is seen as an economic threat. That has bankrupted hundreds of small developers and depressed China’s economic growth.
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China’s dilemma in trying to manage debt crisis 中国应对债务危机的困境
https://www.axios.com/2023/08/16/china-debt-crisis-stimulus-recession-risk
That bubble finally seems to be bursting. Economic damage from China’s zero-COVID policy, as well as heavy-handed government meddling in the tech sector and other major industries, have driven down growth.
- China’s economy is also facing deflation risk, which can make debt worse.
- “Deflation means the real value of debt goes up,” David Dollar, a senior fellow at the Brookings Institution, told Insider. While high inflation can actually help relieve the burden of debt over time, he said, “deflation does the opposite.”
- 这个泡沫似乎终于要破灭了。 中国的零新冠政策造成的经济损失，以及政府对科技行业和其他主要行业的严厉干预，导致经济增长放缓。
- 中国经济还面临通货紧缩风险，这可能会使债务恶化。
- “通货紧缩意味着债务的实际价值上升，”布鲁金斯学会高级研究员戴维·多拉（David Dollar）告诉 Insider。 他表示，虽然高通胀实际上有助于随着时间的推移减轻债务负担，但“通货紧缩却适得其反”。
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一如既往，中国再次展现了在中国经济泡沫和夸大数字的驱动下，政权与企业之间的黑暗勾结。Why This Company’s Financial Crisis Threatens China’s Economy
为什么这家公司的金融危机会威胁中国经济
碧桂园是中国最大的房地产开发商Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills. 中国房地产巨头碧桂园已损失数十亿美元，未付账单已达2000亿美元。 据估计，该公司有能力在中国数百个城市交付近一百万套公寓。
All of this has led to worries that Country Garden will end up like China Evergrande, a real estate behemoth that collapsed in 2021 and set off panic in global markets.
“The Country Garden default could be as influential as Evergrande simply because it is so huge,” said Rosealea Yao, a real estate analyst at Gavekal, a China focused research firm.
And it could be even worse. A handful of big developers have already defaulted. The market is more on edge than it was when Evergrande failed. Policymakers, while recently vowing to support the housing market, have not done enough to bolster confidence.
“Things may get worse before the government reacts,” Ms. Yao said.
所有这些都让人担心碧桂园最终会像中国恒大一样，在2021年倒闭并引发全球市场恐慌的房地产巨头。
“碧桂园违约的影响力可能与恒大一样大，因为它规模太大了，”专注于中国的研究公司 Gavekal 的房地产分析师 Rosealea Yao 表示。
情况可能会更糟。 少数大型开发商已经违约。 与恒大失败时相比，市场更加紧张。 政策制定者虽然最近誓言支持房地产市场，但在提振信心方面做得还不够。
“在政府做出反应之前，情况可能会变得更糟，”她说。 姚说。
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China skips giving update on surging youth unemployment as economic slump deepens 随着经济衰退的加深，中国跳过了关于青年失业率飙升的最新情况 | AP News
China’s government has skipped giving an update on a politically sensitive spike in unemployment among young people as official data showed an economic slump deepened in July.
— Read on apnews.com/article/china-economy-unemployment-b8ad4cf9b85a2df29a14f8e1db8fe981 -
Chinese Professor Says Youth Jobless Rate Might Have Hit 46.5% 中国教授表示，青年失业率可能已达到46.5%
An unusually public claim by a Chinese professor the country’s youth jobless rate might have hit close to 50% in March has stoked a debate about official data and a soft labour market, despite curbs on negative portrayals of the economy. 一位中国教授不同寻常地公开声称，该国的青年失业率在3月份可能已达到近50%，这引发了一场关于官方数据和疲软劳动力市场的辩论，尽管对经济的负面描绘有所限制。
— Read on money.usnews.com/
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墨西哥总统说，他的国家有证据表明，强力阿片类药物芬太尼正从中国非法运抵墨西哥。The Mexican president says his country has proof that illegal shipments of the powerful opioid drug fentanyl are arriving from China.
https://www.bbc.com/news/world-latin-america-65506087
“我们已经有了证据，”他说，并补充说，他将要求中国政府帮助停止货运。
美国当局说芬太尼现在是美国药物过量死亡的主要原因。
今年3月，在美国政客敦促中国国家主席习近平帮助缉毒斗争后，洛佩斯·奥布拉多（López Obrador）说，他已经写信给中国国家主席习近平，请求中国提供帮助。
他星期五对记者说，他将向北京重复这一呼吁:”我们将以非常尊重的方式发送这一信息，以重申他们帮助我们。”“We already have proof,” he said, adding that he would ask the Chinese government to help stop the shipments.
US authorities say fentanyl is now the main driver of US drug overdose deaths.
In March President López Obrador said he had written to Chinese President Xi Jinping requesting Chinese help in the anti-narcotics fight, after US politicians had urged him to do so.
He told reporters on Friday that he would repeat that plea to Beijing: “In a very respectful manner, we are going to send this information to reiterate the request that they help us.” -
意大利放弃了“一带一路”倡议 | Euronews Italy abandons the ‘Belt and Road’ initiative | Euronews
The scheme is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in more than 150 countries and international organizations.
— Read on www.euronews.com/2023/05/12/italy-abandons-the-belt-and-road-initiative -
中国城市中有五分之一的年轻人失业。 北京要他们下地干活 One in 5 young people in Chinese cities are out of work. Beijing wants them to work in the fields
https://www.cnn.com/2023/04/30/economy/china-youth-unemployment-intl-hnk/index.html
随着中国青年失业率的飙升，中国最富裕的省份提出了一个极具争议的解决方案：将 30 万失业青年送到农村，用两到三年的时间找工作。
毗邻香港的制造业强国广东省上个月表示，将帮助大学生和年轻企业家在农村找到工作。 它还鼓励农村青年回到农村寻找工作。
在宣布这一消息之前，习近平主席去年 12 月呼吁城市青年到农村寻找工作，以努力“振兴农村经济”，这与前领导人毛泽东几十年前发起的一项运动相呼应，其中有数千万人 城市青年实际上被流放到了中国的偏远地区。
As the jobless rate among China’s youth soars, the country’s richest province has offered a highly controversial solution: Send 300,000 unemployed young people to the countryside for two to three years to find work.
Guangdong, the manufacturing powerhouse that abuts Hong Kong, said last month it will help college graduates and young entrepreneurs to find work in villages. It also encouraged rural youth to return to the countryside to look for jobs there.
The announcement followed President Xi Jinping’s call last December for urban youth to seek jobs in rural areas in an effort to “revitalize the rural economy,” in an echo of a previous campaign launched decades ago by former leader Mao Zedong in which tens of millions of urban youth were effectively exiled to remote areas of China.
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中国可疑的人口数据 – China’s dubious population data – Taipei Times
Bringing Taiwan to the World and the World to Taiwan
— Read on www.taipeitimes.com/中国人口数据不可靠有几个原因。首先，中国地方政府有强烈的动机来夸大人口数字。更多的居民意味着来自中央政府的更大财政转移，包括用于教育、养老金和减贫等优先事项的资金。同样，家庭可能会声称拥有更多成员来获得更多福利。
政治为夸大出生数字提供了另一个动机。例如，为了表明从一胎到两胎政策的转变奏效——并使官员的职业生涯受益——中国国家卫生和计划生育委员会宣布2016年有1885万例新生儿，比前一年增加了27%。
There are several reasons that Chinese demographic data are unreliable. For starters, China’s local governments have a strong incentive to inflate population figures. More residents mean larger fiscal transfers from the central government, including funds for priorities such as education, pensions and poverty alleviation. Likewise, households might claim to have more members to receive more benefits.
Politics provides another motive for exaggerating the birth figures. For example, to show that the shift from a one to a two-child policy worked — and benefitted the careers of officials — the Chinese National Health and Family Planning Commission announced 18.85 million births in 2016, a 27 percent increase from the previous year.
