Understanding China, One Blog at a Time

An American in China

Archive for April 9th, 2012

Chinese Statistics as Trustworthy as the Communist Party- Not at All

Posted by w_thames_the_d on April 9, 2012


Great post from Brewskie here. The idea is that China is falsifying her statistics, due in part to saving face. But also the commies do not want a big revltnion so they convince the people things are better than they truly are. The bottom line however, is that growth may not be as good as they proclaim and also the numbers from profits to increases are suspect.
In terms of construction, it is definitely up or was, but now is slowing. What the Chinese do, however, is to construct buildings and then tear them down within a year or two. Although the buildings have lain fallow, it does not matter as the construction shows up in the GDP numbers so that means some dirty square headed communist thug gets a bonus which he promptly secrets away in civilized countries and then goes out and pops a few ktv hookers.
The upshot is that much of what is going on in China is smoke and mirrors and so many US companies do not want to tell us the truth. After all, if we knew the truth, we would ask all of those expats and buyers to curtail their Chinese travels, and 20 dollar handjobs are sooooo convenient, so why should they?

From Brewskie
“The King’s been on a great roll lately – tell him to keep it up.
Got several other things on the China front…
The first is from Patrick Chovanec… this guy is a true genius on China, one of the best. Some day, when the great China block throws a rod, this guy’s gonna make a mint selling books. The link includes a video interview, but I’ll cite some highlights.
From the great Chovanec!
http://www.businessinsider.com/chovanec-disconnect-between-official-data-and-real-data-2012-4
“…and the gist is that inflation is much hotter, and growth is much slower than what any official numbers say.
GDP could in reality only be growing by 4-4.5%, well below official targets of over 7%.

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Crazy Chinese Inflation

Posted by w_thames_the_d on April 9, 2012


Check out these stats about Chinese inflation

Vegetable prices, climbed 6 percent from a month earlier and soared 20.5 percent on the year in March…. said prices were climbing on rising labor costs, an unusually cold spring and prolonged rain that hurt harvests. inflation for other farm products showed signs of tapering off. The price of pork, a staple in the Chinese diet, surged 11.3 percent from a year ago, but fell 4.8 percent from February…, calculates that overall food inflation continues to moderate with the six-month moving average dropping to 9 percent in March from 9.9 percent in February.

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China Detains Elderly Tib.etans Returning from Pilgrimage

Posted by w_thames_the_d on April 9, 2012


China is all about the peaceful rise. Peaceful insofar as you are not an ethnic minority, or poor, or a KTV worker who shuns the advances of a party boss, or someone who falls in the street in need of help, or hit by a car driven by the son of a party boss, or stabbed to death for ‘memorizing a license plate’ or stabbing ones mother at the shanghai airport because she did not send you enough spending money while you study in Japan. But other than that, yeah China is peaceful…
Here is a story of China detaining Tibe.tans returning from a pilgrimage.
story
http://www.nytimes.com/2012/04/08/world/asia/china-said-to-detain-returning-tibetan-pilgrims.html

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Chinese Princeling Allegedly Kills A Guy

Posted by w_thames_the_d on April 9, 2012


Here is a story from The King. My question is why they trust commies with :
Guns
High tech
Low tech
Cars
Motorcycles
Anything with a motor

Story
http://www.ecns.cn/2012/04-08/12124.shtml

Princling gets into a argument during dinner and accidenty shoots innocent bystander. Can the little faggot even pick up a gun?

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Ford to Give More Jobs to China

Posted by w_thames_the_d on April 9, 2012


Ford is expanding its China footprint and leaking more jobs from the US of A. they will invest 600 million in Chongqing, the place that naughty little Bobo just cleaned up…

Story
http://articles.boston.com/2012-04-06/business/31300840_1_china-sales-changan-ford-mazda-mondeo

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