Saturday, May 12, 2012

As my senior year ends, I feel depressed as everything come to a halt. Even though college is coming afterwards, friends are going to be lost, and I will miss them deeply. 5/8/12 episode of Castle of ABC, Richard Castle's daughter made a graduations that says "There is a universal truth we all have to face, whether we want to or not, everything eventually ends. As much as I've looked forward to graduation I've always disliked endings. Last day of summer, the final chapter of a great book, parting ways with a close friend. But endings are inevitable, Leaves fall, you close the book. You say goodbye. Graduation is one of those days for us. At graduation we say goodbye to everything that was familiar, everything that was comfortable. We're moving on. But just because we're leaving, and that hurts, there's some people who are so much a part of us, they'll be with us no matter what. They are our solid ground. Our North Star. And the small clear voices in our hearts that will be with us … always." -Alexis Castle This speech spoke a lot to me. Even though China has been pretty big, it will end its reign sooner or later.
We all must stop and face the truth. Everything comes to an end. As a high school senior, I will miss everyone who I've met and got along with in high school, and in 2 weeks, I would probably never see them ever again. China's economy hasn't been doing well lately. In April, they have extremely sharp declines in investments and productions as the inflation is continuing. Without reform, the Chinese Economy may never stop declining till its end.

Friday, April 27, 2012

Manufacturers

Many manufacturers like CATipiller, 3M, and United Technologies haven't been doing so well recently. Sales of products of manufacturers has fallen in millions of dollars in the past year. The losing profits makes investors skeptical, which brought many of the manufacturers' stocks, slowly decreasing. The Chinese likes designer brands, and Apple products are in their greatest time in China, but even though they like them, they may not be able to afford it. Many companies of China create fake copies, which are much cheaper, but then again, the cost is raised by the government, while other people sell it in America for chump change.

Friday, April 20, 2012

China schools

Continuing from the last post, china doesn't spend as much as America , and people cherish ever moment in school, and yet it American children abuse it everyday. Don't waste your time complaining about school students, enjoy it while others cannot enjoy it.

Monday, April 9, 2012

Schools

Why does everyone wants high school to come and pass? Why rush it? I want it to come and pass, but I don't at the same time. I'm gonna miss everyone who I ever met in high school, probably never going to see them again after high school. Its just like middle school to high school/specialty center change. I miss everyone in middle school and I hope to see them again, but alas, I probably won't. I hear people who wants high school to be over. I hear some say that they hate high school because the classes is supposedly hard, but in reality, I see them take the bare minimum, slack on their work, ignore their teachers, and procrastinate on everything. I want high school to last longer, and not take in loans and such from colleges, but its gonna pass soon enough In other countries, like China, they only get schooling from elementary school to middle school, and if the parents can afford it, high school. Colleges in China are quite new. About 20 years ago, China had a economical reform that made colleges. Education is an important aspect in the Chinese lifestyle and they do not waste a bit of it, as many Americans kids hate school, and under appreciate it. Americans are lucky, children get education to high school, and pay for college, but in China, there are more poor people and if they can afford high school, they may not afford college for the kids at all.

Saturday, April 7, 2012

The Lend

China's banks has loosened their policy on monetary ordeals, to boost smaller companies, to support the economy. China has extended their bank's loans in March to nine hundred billion compared to February's seven hundred billion. The banks are concidered a monopoly in china, with them slowing money to poor firms, but though this new policy, there are more money flowing to them.

Friday, March 30, 2012

东方明珠塔

For the past few years, China has been building and building new skyscrapers, even though the economy has not been that well. Since the financial crisis of 2008, China's GDP has been growing remarkably more from the construction boom. To keep the economy stable, the construction companies need to build more and more, completely unstable.
Global demand are down, and domestic wages of local companies are going up. China has had factories and exporting to depend on along side with the building of companies, but without them, the economy would crash. Domestic demand needs to be stimulated, but the economy is very unstable, and with one tap of a shoulder, it could go crashing down.

Friday, March 23, 2012

Stocks

Stocks, a share where many people buy that could make them rich, or make them crash and burn. Everything is connected, and so are stocks. The weakening Chinese and Europe economy hurts the United States Stocks. It caused them to lower. Recently, Chinese manufacturers are contracting, having their stocks lowering. As the larges consumer of materials, and the slowing of the economy, it causes the United State's material companies to lose business and stocks. Over the years, the Chinese economy has been worsening which will soon affect the all aspects of the world.

Friday, March 16, 2012

Down Down Down

Previously, China has hidden its economy's true state, but recently, the economy has gotten out of control and it is revealed. Everything is down, property values, car sales, cement sales, steel production, and constructions has been down as well. Many data from China is unreliable, the government is covering up their true facts, to show everything is under control. China recently borrowed hundreds billions of yuan. Even though the economy is slowing in a dramatic incline, I believe that there won't be a collapse in the banking system and the property business would not crash. I do not believe that there would be anything done anytime soon by the government, because it is unethical to, many statistical predictions were made and many of them show that the economy would go back up.

Friday, March 9, 2012

The ¥

Over-investment and excess capacity depends on China’s economy. Fearing inflation, authorities see that the deflating housing market will limit fiscal stimulus. Many fear of inflation. Major export countries like the US and Europe, has been slow in growth, and as Europe debt crisis continues, it would stunt the growth of China's growth.
With China's capital account closed, many could not see any significant changes with the economy, which allows money can now flow out of the economy more easily than before. Late 2011, China’s surplus in the trade of goods, services and transfers, was offset by outflows from the capital account, which makes many investors insecure with the state of the economy.
China’s bank sells the yuan at a below-market rate, having it set the exchange rate above the market value and sell foreign reserves to support the yuan. China’s foreign-exchange reserves declined, which the central bank was trying to hold up the value of the currency as a reaction to the declining. Foreign-exchange in-flows resumed recently, but that the growth has been slow.
The Chinese are protecting their money by holding less yuan and/or gamble. Gambling is used as an currency converter, where one can change from Yuan to US dollars, or as a way to store and/or hold money. With the increase of gambling recently in China, it maybe a sign where the Chinese economy would get better soon.
Even though the economy has been in a slow growth period, it has not collapsed, and there is still time and new variables that would warn people if it does.

Friday, March 2, 2012

Rise and Fall

China runs a large trading surplus, but even though it is large, its exports fell in 2011, subtracting 0.5% from its growth. From home-grown spending, China’s economy managed to expand by about 10% in 2011, remaining surprisingly strong even in the fourth quarter. This growth was an affect from a large amounts of consumption for 50%. From that, the share of consumption in China’s GDP sharpened up in 2011 after falling for 10 years. The  strength of China’s growth remains investment, on which its economy remains dependent on. When China’s criticizers are not bashing it for over exporting, they bash it for overinvestment in property. Its housing boom is, however, slowing markedly. China's price of new homes fell across the country in December compared  to the month before. Households are struggling to obtain mortgages, and loans are extremely hard to obtain. Foreign capital fell by 65% in December compared to years earlier. China's economy has been falling for quite a bit now, but at times, it rises.

Thursday, February 16, 2012

Business

Last week, all Best Buy stores in China closed down. China, as many people know, creates many goods for around the world, and companies like Best Buy, overprice their items compared to getting the items from a local store, which basically cuts out the middleman. Best Buy could not compete well with those stores. What many racial slurs towards Chinese that goes around, like "you got that cheap because your cousin made that for you," are quite racist, but what they do not know is that they earn about 150 yuan per month, a average of 80 cents per day. Compared to many American jobs which pay about $7+ per hour, 80 cents is all that is left after paying for housing in terrifying living conditions, and food to work and live, and all this in a factory. 80 cents is to compensate all the workers, due to the overpopulation, only a few jobs could be filled, causing a lower in wages, and an increase of workers. China's businesses are not what they seem, many people over look the conditions, only believing that the Chinese taking jobs from Americans.