Understanding China

[ombugge]

Please sober up before you post more BS.

[ombugge]

China is ranked first in this year’s Maritime Nations report issued by Menon and DNV GL:
https://splash247.com/new-report-claims-china-is-the-leading-maritime-nation-in-the-world/

Here is a link to the full report:
https://www.dnvgl.com/maritime/webinars-and-videos/videos/lmn18.html

[ombugge]

Trade wars may not be as “easy to win” as Mr. Trump seams to think, especially if the “enemy” is China:
https://splash247.com/why-china-can-tough-it-out-in-a-trade-war/

[Tupsis]

China’s new polar research vessel launched:

[ombugge]

China is getting impatient with slow progress on cleaning the air around their major cities:

Shanghai's Sulfur Cap Takes Effect Three Months Early

[ombugge]

Trade dispute, as opposed to trade war, is nothing new between US and China:

China seeks WTO backing for US$7 billion sanctions on US over dumping duties

The US interpretation of what constitutes “dumping” has been dispute by many and found to be illegal under WTO rules.

[Hawespiper]

@ombugge

China is getting impatient with slow progress on cleaning the air around their major cities:

Also getting impatient with religious freedom.

China burns bibles, closes churches and forces Christians to renounce their...

Beginning to understand China better and better

[powerabout]

its called 'saying in power at any cost"

[ombugge]

What is it that China do right to grow their influence around the world, despite US efforts to stop them?
Maybe the BRI is not just a credit trap but a benefit that comes with less conditions attached to it:
https://splash247.com/ports-railways-and-other-infrastructure-the-escalating-challenge-for-the-middle-kingdom/

They also grow their maritime might:
https://www.hellenicshippingnews.com/china-owned-fleet-becomes-worlds-second-largest/

And all this just to spite Trump’s America First vision??

[ombugge]

To say that the US should learn anything from China may be like swearing in church here, but here goes:

China is sprucing up its pharma sector

Expanding health insurance coverage back towards the universal coverage of older days, reigning in prices of drugs and removing low quality or fake medicines from the market is a step in the right direction at least

[powerabout]

good news, and they need ti when you look at the aging population status of China versus the USA

[ombugge]

The US tariffs hasn’t made much difference to Chinese export YET:

China trade unfazed by Trump tariffs as cargo volumes continue usual rise

[Memel]

Genocidal murderous destroyers of Western civilization should be forced to live in either Cuba or the PRC but WITHOUT ANY external sources of income so your fetid feckless self must live on the loc Communist eco o my Kamerad Ombugge!

[ombugge]

Holy K-rist, where have you been the last 30 or so years Mr. McCarty??
It is better to live in Cuba or PRC than under a bridge in Chicago.

[Hawespiper]

Understanding China better and better…

China’s chilling plan for complete social control

More of the good kind of nationalism there @ombugge?

[powerabout]

my guess is they will flick the switch one day and convert the currency to internal and external

[ombugge]

Confirming the Chinese plans to secure their supply lines without being dependent on passing through the first ring of islands, which is vulnerable to blockade by unfriendly powers:
https://splash247.com/saudi-arabia-to-join-china-pakistan-economic-corridor-project/

Fits nicely into the BRI as well.

[ombugge]

China’s coastal container fleet is already large and growing rapidly:

China’s coastal container fleet grows exponentially in the first half of 2018

Han Chen, China reporter | 21 September 2018

China’s coastal container fleet grew by 15.81% in the first half of 2018. Credit: Southern Cross Maritime

Container ship tonnage for vessels serving coastal areas in China grew at 15.81% in the first half of 2018. Forty-nine new boxships joined the fleet during the first half of this year, bringing the total to 241 ships, which is equivalent to 0.7 million teu as of 30 June 2018, according to figures released by China’s Ministry of Transport on 20 July.

Three container ships was scrapped during the period.

The ship scrapping policy released by the Chinese government to encourage scrapping of younger vessels has contributed to a younger average age for container ships, which stood at 9.71 years as of 30 June 2018.

In 2017, the coastal fleet saw a total of 297 vessel scrapped, of those, 154 bulk carriers, 35 container ships, 107 oil tankers and 1 chemical tanker exited the market.

According to the data compiled by IHS Markit Maritime and Trade, China has the world’s third largest container ship fleet, behind Denmark and Switzerland, with a fleet of 2.75 million teu as of end-March.

The coastal dry bulk fleet, which totalled 1,745 vessels at the end of the first half of this year, saw an increase of 5.73% or 74 vessels of 3.16 million dwt in tonnage over the first half of the year, standing at 58.38 million dwt as of end-June. The coastal dry bulk fleet saw 48 vessels scrapped, amounting to 1.37 million tonnes, much less than the 3.74 million dwt of scrapped tonnage in the same period of last year.

Similar to the container ship fleet, the average age of the dry bulk fleet is young - 9.7 years.

Driven by a focus on dry bulk investment, the Chinese bulk carrier fleet has expanded rapidly. China is also the third largest bulk carrier-owning nation, with a total fleet tonnage of 126.6 million dwt as of end-March. Japan and Greece are still the world’s largest and second largest owning nations respectively, with a total fleet tonnage of 162.4 million dwt and 156.6 million dwt.

The Ministry’s coastal fleet data also included the fact that China operates 1,296 oil tankers (10.13 million tonnes) along the coast. The oil tanker fleet dropped by 20 vessels from the year-end 2017, as the number of scrapped tonnage outgrew the number of new capacity entering the fleet. Fifty-three oil tankers were scrapped and 33 new vessels entered the fleet in the first half of 2018. The average age of the oil tanker fleet is 9.5 years as of end-June this year.

The size of the chemical tanker fleet increased from 272 vessels last year to 282 vessels as of end-June, standing at 11.01 million dwt. During the first six months of this year, 13 vessels million tonnes entered the market, and three vessels were scrapped.

The liquified gas carrier fleet in China has seen a 2.33% decrease in tonnage over the first half of the year, with only 1 new vessel entering the market and two vessels scrapped. The coastal chemical tanker fleet totals 71 vessels of 0.23 million dwt with an average age of 10.81 years.

[Tellarian]

Trump’s ratings will soon erode:

https://www.hellenicshippingnews.com/grains-soybeans-extend-declines-as-u-s-china-trade-war-drags/

[Tellarian]

China showing its hand in Djibouti

https://www.hellenicshippingnews.com/djiboutis-attempts-to-vanquish-dubai-ports-operator-spells-trouble-for-washington/