Posted on 10/21/2019 3:45:12 PM PDT by cba123
China’s growth slows to weakest level in 27 years
China’s economy expanded at its slowest rate in nearly three decades in the third quarter, hit by cooling domestic demand and a protracted US trade war, data showed today.
Chinese gross domestic product expanded 6% in the three months from July to September, down from 6.2% in the second quarter, according to the National Bureau of Statistics (NBS).
The reading – in line with an AFP survey of 13 analysts – is the worst quarterly figure since 1992 but within the government’s target range of 6-6.5% for the whole year.
China’s economy grew by 6.6% in 2018.
“The national economy maintained overall stability in the first three quarters,” said NBS spokesman Mao Shengyong.
(Please see link for full article)
A lot of good stainless has very low magnetic stick. You do realize that don’t you?
https://www.scientificamerican.com/article/why-dont-magnets-work-on/
Um.
I have been a Trump supporter right here, for a very long time.
I was one of the 10,000 Trump voters in Michigan who put him over the top.
I have been (told) I was the first Trump supporter here.
I don’t know about that, but I have supported Trump since well before, he came down that escalator.
Have you?
Stainless steel is a metal created by alloying iron with one or more elements. In general, there are two types of stainless steels based on their physical properties:
Ferritic is generally ferromagnetic due to its high concentration of iron, which is combined with chromium, molybdenum, and silicon. Also, its fundamental atomic structure creates magnetization. Austenitic is usually not magnetic, because the iron is alloyed with nickel, manganese, carbon, and nitrogen.
Thomas Devine, a materials science and engineering professor at the University of California, Berkely explains the difference between these two types of stainless steel in greater depth. "Fundamentally, the reasons why ferritic stainless steels are ferromagnetic while austenitic stainless steels are not are quantum-mechanical in nature."
The most popular stainless steel has good forming properties, resists corrosion, and is strong. However, it is not magnetic because it is alloyed with nickel, manganese, carbon, and nitrogen (austenitic).
I have. Go read the damned article before you poo poo it then. Only stupid people pre-judge. A westerner in China has a unique perspective. He sees the ground and has outside perspective.
But they did lie about their GDP, just like China does today.
How about the chinese “brass” which will stick to a magnet?
Only if you believe the lying propaganda out of the CPC.
(still DOUBLE ours)
You haven’t been to a store lately. Even Walmart has tons of “Made in USA” labels on products. Please get out of the house some time soon.
You’re NeverTrump asshole. Go away moron.
Bunk.
Pretty much, just food.
I also lived in China.
Before he moved there. I think his view is a tiny bit, a sell-out.
Maybe he is right.
Maybe I am right.
But have you bought (anything) not consumable, made in America, in the last YEAR? I bought some flags last time I was home. Other than that, everything un the store said “Made in China”
For real.
Foods and consumables like gas, are fine.
But man, are we sold out on imports.
Huge, huge problem.
I was one of Trump’s original supporters.
Right here.
I was also one of Sarah Palin’s first supporters, right here.
Really.
China’s big problem is that along with incredible growth, they assumed it would always continue.
I’m not an expert on it, but I think China thought it could overspend well out into the future.
The bills are coming due. Cash isn’t as plentiful as it once was.
Does China’s grand plans collapse like a house of cards?
I’m not sure those “ghost cities” are not something else.
Consumer goods. Yes you are right. Too much made abroad. If it isn’t made in China its made in Korea or Japan. Multinats have sold us out as manufacturers but Trump is changing that. He moved the cheese.
actually the command economy has finally caught up with them. Look at the chicom export numbers and admitted loss of over 3 million jobs in the last year. Then factor in their 320%ish debt to gdp ratio and rising labor costs and what you see is a country struggling to keep it together. If you need further actual proof look at the dry tonnage numbers leaving from china, both in total tons and price.
They are starting to scale back the silk road initiative, slow blue water naval ship construction and are seeing push back from all their neighbors. If they were confident Hong Kong would have been over months ago. Their reckless over confidence has produced a similar effect to OPEC’s reckless overconfidence. We now have a company “mining” lithium from recovered fracking fluid. China doesn’t innovate they steal. They don’t count on USA reactions and innovations to counter their stupidity.
We imported about $540 billion in goods from China in 2018.
If you think that's 100% of our "non-consumable" purchases in the US last year, you're even worse at math than I first thought.
What do you suspect they are?
Haven’t you been reeducated enough by the woketraitor press to feel good about the situation? The Chinese economy has been collapsing every few days for about 12 years.
;)
Thanks for confirming that you haven’t been to a store in a while.
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