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Shun Di
China Observer
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Comments by "Shun Di" (@shundi4264) on "China’s Aviation Is Doomed! Top Airport Deserted, 3 Major Airlines Project up to $1B Losses in H1" video.
China recorded 14.64 million inbound trips made by foreigners in the first half of this year, up 152.7 percent year on year.
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@Nova2Yung China’s trade surplus was a record $100 billion in June. The world loves Chinese goods even though the US has been screaming “trade wars,” “sanctions” and “tariffs” for seven years.
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China Per Capita Consumption Expenditure: Nationwide per capita consumption expenditure rose to 26,796 yuan in 2023, with a nominal increase of 9.2% over the previous year. After adjusting for prices, the real increase was 9.0%
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@Nova2Yung Your numbers are wrong. Your predictions are significantly off. China Foreign Direct Investment (FDI) increased by US$10.3 billions in Mar 2024, compared with an increase of US$17.7 billions in the previous quarter.
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@Nova2Yung China's Caixin/S&P Global manufacturing purchasing managers' index rose to a 3-year high that beat private and official estimates.
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China witnessed notable increases in both income and consumption expenditure compared to pre-pandemic.
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China Per Capita Disposable Income: Nationwide per capita disposable income reached 39,218 yuan in 2023, marking a nominal increase of 6.3% compared to the previous year. After adjusting for price factors, the real increase was 6.1%
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Urban vs. Rural: Urban residents had a per capita disposable income of 51,821 yuan (5.1% nominal increase), while rural residents’ income was 21,691 yuan (7.7% increase) after adjusting for prices.
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@TheFivegoodemperors China had the largest outbound travel market in the world. Annual domestic trips remained at around 50% of pre-pandemic levels, amounting to 8.7 billion domestic trips over the past three years. With Visa-free entry for many countries, inbound trips is expected to exceed previous year's number.
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@Nova2Yung Your sources are mostly opinions. Also your sources are one sided and do not reflect the reality. S&P, Finch and Moody's rate China A+, a credit rating still very far from speculative grade of many other countries. Is it going to collapse? Not likely.
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@Nova2Yung China Observer are clearly recycled propaganda intended to present a distorted view.
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Since 1990, Economist has been predicting the collapse of China. Since 1990, the size of Chinese economy has been multiplied by 30 times. That's 3000%. Same old story. Never happened.
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@Nova2Yung Once you start talking about the future, it is no longer a fact. It is a prediction. And your prediction or the prediction that China is going to collapse is nowhere near convincing to anyone who see the complete picture, instead of these one-sided half-truth propaganda.
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@Nova2Yung Once you start talking about the future, it is no longer a fact. It is a prediction, and the prediction of a China collapse has not happened since Western media started it 30 years ago.
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@Nova2Yung Prediction is not fact. S&P, Fitch, and Moody's consider all facts from all sides and risks as well. After all, these American credit rating agencies have been around for years. They don't fool around.
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@Nova2Yung When you talk about the future, it is no longer a fact. It is a prediction. Prediction can be right at the end or it can be wrong or saying nothing like fortune cookies.
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@Jaysqualityparts Not an issue for such a small amount. They do ask more annoying questions to verify it is really you when withdrawing more than 10 thousand yuans at a time.
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