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China’s Economy Slows Sharply

nytimes.com

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Re: China’s Economy Slows Sharply

#41

Post by ct520 »

contingencies wrote: post #32

These articles are coming thick and fast from three sources: The Washington Post, New York Times and Bloomberg. Nobody else (BBC, Australia, etc.) seems to be reporting the same, which leads me to believe there's a political element to this reporting, particularly amidst the current "trade war". (We don't see a rash of "US Economy Shows Sharply" every time something goes wrong for the US, although the trend is arguab…

/me Googles "bbc china economy slows" Sees that you are wrong on first assertion.

If opinionated is truthy stops reading comment. next

Re: China’s Economy Slows Sharply

#42

Post by gamblor956 »

contingencies wrote: post #32

These articles are coming thick and fast from three sources: The Washington Post, New York Times and Bloomberg. Nobody else (BBC, Australia, etc.) seems to be reporting the same, which leads me to believe there's a political element to this reporting, particularly amidst the current "trade war". (We don't see a rash of "US Economy Shows Sharply" every time something goes wrong for the US, although the trend is arguab…

https://www.bbc.com/news/business-45910262

1 second on Google to confirm you're wrong about the reporting being political. Also, you must be unfamiliar with American media. They've been posting negative articles about the economy for months, with different publications focusing on different parts of the US economy.

Re: China’s Economy Slows Sharply

#43

Post by friedman23 »

zachguo wrote: post #34
friedman23 wrote: post #14

Earlier quoted context omitted.

Absolutely no leader welcomes an economic slowdown. Especially not the leader of an authoritarian government. Your hypothesis does not explain why the Chinese government is acquiescing to American trade demands. If they welcomed this economic slowdown they would be holding firm in trade negotiations. What we are actually seeing happen is a rebalancing of foreign investment. American businesses have purchased stock in…

They would rather have a slowdown than run into a crisis.....

Sure but that is not the actual trade off. You don't prevent an economic crisis by allowing foreign investment to slow down.

To use another medical analogy the idea that you can prevent an economic crisis by slowing growth is like the idea that you can cure diseases by using leeches to suck out them out.

The way to prevent economic crisis is to stamp out fraud and high risk investment practices (curing the actual disease). Encouraging American business to move factories outside of China does neither of those things.

Re: China’s Economy Slows Sharply

#44

Post by _dark_matter_ »

contingencies wrote: post #32

These articles are coming thick and fast from three sources: The Washington Post, New York Times and Bloomberg. Nobody else (BBC, Australia, etc.) seems to be reporting the same, which leads me to believe there's a political element to this reporting, particularly amidst the current "trade war". (We don't see a rash of "US Economy Shows Sharply" every time something goes wrong for the US, although the trend is arguab…

Given your premise that American media is reporting Chinese Economic Slowdowns more widely than other country's media, there are two options:

1. Conspiracy - They are working together, and perhaps with the government and other private entities, to sow a particular narrative 2. Profit - Their audiences are particularly interested in these stories, given the e.g. aforementioned trade war

I'll leave it to the reader to decide which of these it might _actually_ be.

Re: China’s Economy Slows Sharply

#45

Post by coldtea »

babygoat wrote: post #12
coldtea wrote: post #8

Earlier quoted context omitted.

> are widely known to have a tenuous relationship with reality So, like the New York Times?

citation needed

https://en.wikipedia.org/wiki/Judith_Miller

and inversely:

https://www.thenation.com/article/new-york-times-wants-gary-...

Re: China’s Economy Slows Sharply

#46

Post by str33t_punk »

contingencies wrote: post #32

These articles are coming thick and fast from three sources: The Washington Post, New York Times and Bloomberg. Nobody else (BBC, Australia, etc.) seems to be reporting the same, which leads me to believe there's a political element to this reporting, particularly amidst the current "trade war". (We don't see a rash of "US Economy Shows Sharply" every time something goes wrong for the US, although the trend is arguab…

Your 'observation' doesn't seem to match reality.

From what I have read, China has had a huge increase in household debt over the last few years. Perhaps five years ago there where not many Chinese people living with debt, but that is no longer the case. Some have even been calling it a credit bubble

Random article about this I googled: https://www.bloomberg.com/opinion/articles/2018-02-15/chines...

In other regards, I have read about the Chinese Economy slow down in non American sources, such as the Economist. However, I will agree that I see it the most in US media (the WSJ seems to have a pretty negative outlook on the Chinese Economy right now)

Re: China’s Economy Slows Sharply

#47

Post by CoolGuySteve »

mrkstu wrote: post #25

The pullback of outflows capital to foreign locations is the most telling to me. Chinese companies are starting to be net sellers instead of net acquirers of foreign assets. That would be fine if it was just because they were getting better return on their capital inside China, but in reality it is to pay back runaway debt and inability to complete asset purchases due to government capital controls. Those controls wo…

What happened in the early 90s recession when Japan pulled back on foreign investment? Did they cause the recession or were they wiped out by it?

The only thing I remember as a teenager then was the Japanese briefly gaining and losing control of the NBC/GE conglomerate.

Re: China’s Economy Slows Sharply

#48

Post by rellui »

contingencies wrote: post #32

These articles are coming thick and fast from three sources: The Washington Post, New York Times and Bloomberg. Nobody else (BBC, Australia, etc.) seems to be reporting the same, which leads me to believe there's a political element to this reporting, particularly amidst the current "trade war". (We don't see a rash of "US Economy Shows Sharply" every time something goes wrong for the US, although the trend is arguab…

Your post actually makes me question why it's on the top? Who's up voting it when a simple google search proves your statment wrong?

Re: China’s Economy Slows Sharply

#49

Post by lambdasquirrel »

contingencies wrote: post #32

These articles are coming thick and fast from three sources: The Washington Post, New York Times and Bloomberg. Nobody else (BBC, Australia, etc.) seems to be reporting the same, which leads me to believe there's a political element to this reporting, particularly amidst the current "trade war". (We don't see a rash of "US Economy Shows Sharply" every time something goes wrong for the US, although the trend is arguab…

I’ve sometimes wondered if there is a journalistic bubble chamber.

Re: China’s Economy Slows Sharply

#50

Post by zachguo »

seanmcdirmid wrote: post #38
zachguo wrote: post #27

China's economy will slow, no doubt about it. CCP worries about it way more than Trump. But car sales and anecdotes are not really good ways to measure the economy. If you have doubt about those GDP numbers published by China. Take look at metrics such as freight traffic and trade stats.

You mean the Li Keqiang index. https://en.m.wikipedia.org/wiki/Li_Keqiang_index

Thanks for sharing.
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