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China's exports plunged by a massive 17.5 per cent in January, the biggest year-on-year decline in more than a decade and threatening more job losses in an already slowing economy.

The data released by China's customs agency on Wednesday showed a third consecutive month of declines after years of double digit increases.

January's decline against the previous year was much steeper than the 2.8 per cent contraction seen in December.

"The numbers are terrible. The environment is awful," Citigroup economist Ken Peng told the Associated Press.

"The pressures on employment will be huge."

China's imports also slowed dramatically in January, falling 43.1 per cent over a year earlier.

http://english.aljazeera.net/business/2 ... 82316.html

Thousands of factories have closed or laid off workers, and according to the government at least 20 million migrant workers have lost their jobs as a direct result of the slowdown.

The rising number of jobless is a particular worry for China's communist rulers who have tied their legitimacy to being able to deliver continued economic growth and raise millions rural poor out of poverty.

They fear that outbreaks of unrest could escalate and threaten their continued grip on power.

dbackjon wrote:Thousands of factories have closed or laid off workers, and according to the government at least 20 million migrant workers have lost their jobs as a direct result of the slowdown.

The rising number of jobless is a particular worry for China's communist rulers who have tied their legitimacy to being able to deliver continued economic growth and raise millions rural poor out of poverty.

They fear that outbreaks of unrest could escalate and threaten their continued grip on power.

Civil war is coming to China.

grizzaholic wrote:

dbackjon wrote:Thousands of factories have closed or laid off workers, and according to the government at least 20 million migrant workers have lost their jobs as a direct result of the slowdown.

The rising number of jobless is a particular worry for China's communist rulers who have tied their legitimacy to being able to deliver continued economic growth and raise millions rural poor out of poverty.

They fear that outbreaks of unrest could escalate and threaten their continued grip on power.

Civil war is coming to China.

I think so as well.

dbackjon wrote:

grizzaholic wrote:
Civil war is coming to China.

I think so as well.

And it will be a bad one. Lots and lots of killing. I think if it happens it will be a war of no prisoners, everybody dies type of war. Both, or maybe more, sides will have huge losses.


On the bright side it will curb some of the current poup. problems that china currently has.

I wonder how accurate the numbers are, as China isn't exactly willing to admit problems.

hank scorpio wrote:I wonder how accurate the numbers are, as China isn't exactly willing to admit problems.

Right you are - probably much worse than stated.

They have trillions in reserves. They save money. They will be fine for a while, unlike us.

Know this all, even though we are the world's biggest debtor nation, the whole world economy still depends on us. Our economy is in the toilet, so is everybody else's, including and maybe even especially China.

Kind of a downward spiraling merry go round. Where it stops, nobody knows.

dbackjon wrote:

grizzaholic wrote:
Civil war is coming to China.

I think so as well.

Yeah, those 800 million poor, rural farmers are going to band together with their pitchforks and take down the powers that be in Bejiing.

WTAG wrote:

dbackjon wrote:
I think so as well.

Yeah, those 800 million poor, rural farmers are going to band together with their pitchforks and take down the powers that be in Bejiing.

Their only hope is that the chinese run out of bullets.

dbackjon wrote:Thousands of factories have closed or laid off workers, and according to the government at least 20 million migrant workers have lost their jobs as a direct result of the slowdown.

The rising number of jobless is a particular worry for China's communist rulers who have tied their legitimacy to being able to deliver continued economic growth and raise millions rural poor out of poverty.

They fear that outbreaks of unrest could escalate and threaten their continued grip on power.

Exactly.....you don't always have to attack random countries to effect regime change....just quit buying the cheap sh!t.....

A proposed new service at Walmart may help not only China's economy, but ours as well. Especially for those who are totally unable to find companionship and/or get laid-


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Has Children: No
Lives in: Chongqing, Chongqing, China
Nationality: China
Appearance: Attractive
Height: 165 cm (5 ft 5 in)
Weight: 47 Kg (104 lb)
Hair Color: Black
Eye Color: Black
Ethnicity: Asian
Religion: Buddhist
Star Sign: Scorpio
Chinese Zodiac: Rat
Education: Vocational college
Occupation kuaiji
Languages spoken: Chinese (Mandarin)
English Ability: Some
Chinese Ability: Good
Smoking: No
Drinking: No
Relocate: Maybe
Last active: 11-Feb-09


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Weight: 45 Kg (99 lb)
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Weight: 50 Kg (110 lb)
Hair Color: Black
Eye Color: Black
Ethnicity: Asian
Religion: No religion
Star Sign: Scorpio
Chinese Zodiac: Rat
Education: Vocational college
Occupation office clerk
Languages spoken: Chinese (Cantonese),Chinese (Mandarin),English
English Ability: Some
Chinese Ability: Fluent
Smoking: No
Drinking: No
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Among thousands of people, you meet those you’ve met. Through thousands of years, with the boundlessness of time, you happen to meet them, neither earlier nor a bit too late...
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Wedgebuster wrote:A proposed new service at Walmart may help not only China's economy, but ours as well. Especially for those who are totally unable to find companionship and/or get laid-


Gender: Female
Age: 25
Marital Status: Single
Has Children: No
Lives in: Chongqing, Chongqing, China
Nationality: China
Appearance: Attractive
Height: 165 cm (5 ft 5 in)
Weight: 47 Kg (104 lb)
Hair Color: Black
Eye Color: Black
Ethnicity: Asian
Religion: Buddhist
Star Sign: Scorpio
Chinese Zodiac: Rat
Education: Vocational college
Occupation kuaiji
Languages spoken: Chinese (Mandarin)
English Ability: Some
Chinese Ability: Good
Smoking: No
Drinking: No
Relocate: Maybe
Last active: 11-Feb-09


Seeking

真诚,疼爱女人,有上进心的男人.
Gender: Male
Aged: 39-52
For: Friend Relationship Marriage



Gender: Female
Age: 25
Marital Status: Single
Has Children: No
Lives in: Mianyang, Sichuan, China
Nationality: China
Appearance: Very attractive
Height: 175 cm (5 ft 9 in)
Weight: 45 Kg (99 lb)
Hair Color: Black
Eye Color: Hazel
Ethnicity: Asian
Religion: No religion
Star Sign: Don’t know
Chinese Zodiac: Don't know
Education: Bachelors degree
Occupation saler
Languages spoken: Chinese (Mandarin)
English Ability: Fluent
Chinese Ability: Fluent
Smoking: No
Drinking: No
Relocate: Yes
Last active: 07-Feb-09


Seeking

seeking for love~
Gender: Male
Aged: 18-80
For: Penpal Friend Relationship Marriage English Practice



Gender: Female
Age: 24
Marital Status: Single
Has Children: No
Lives in: Changsha, Hunan, China
Nationality: China
Appearance: Average
Height: 163 cm (5 ft 4 in)
Weight: 50 Kg (110 lb)
Hair Color: Black
Eye Color: Black
Ethnicity: Asian
Religion: No religion
Star Sign: Scorpio
Chinese Zodiac: Rat
Education: Vocational college
Occupation office clerk
Languages spoken: Chinese (Cantonese),Chinese (Mandarin),English
English Ability: Some
Chinese Ability: Fluent
Smoking: No
Drinking: No
Relocate: Maybe
Last active: 11-Feb-09


Seeking

Among thousands of people, you meet those you’ve met. Through thousands of years, with the boundlessness of time, you happen to meet them, neither earlier nor a bit too late...
Gender: Any
Aged: 28-60
For: Penpal Friend Relationship 英语 Practice

http://www.chineselovelinks.com/results ... =1&cache=1

So Ralph is a visionary?

Appaholic wrote: So Ralph is a visionary?

No, just wanting a translator when he visits China every year.

WTAG wrote:

dbackjon wrote:
I think so as well.

Yeah, those 800 million poor, rural farmers are going to band together with their pitchforks and take down the powers that be in Bejiing.

Spartacus did well with a few slaves and kitchen knives. I like the odds of 800 million.