remnantprep
Senior Member
People do not exist for the sake of governments!
Posts: 4,399 
Likes: 3,968
Email: remnant@ausprep.org
|
Post by remnantprep on Sept 27, 2016 7:56:04 GMT 10
|
|
|
|
Post by ziggysdad on Sept 27, 2016 20:18:37 GMT 10
China and Russia doing exercises...US and Japan doing exercises...wondering when we'll hear from North Korea's Supreme Leader
|
|
shinester
Senior Member
China's white trash
Posts: 3,119 
Likes: 3,578
Email: shiny@ausprep.org
|
Post by shinester on Sept 28, 2016 11:08:58 GMT 10
It's 'of concern'
|
|
tyburn
Senior Member
Posts: 366
Likes: 541
|
Post by tyburn on Sept 28, 2016 11:19:48 GMT 10
As the economy keeps plateauing around the world, I imagine we'll be seeing more of this type of saber-rattling.
Anyone with half a mind knows its being done for internal consumption in China, but I wonder how long the populace will think a lag in living conditions is OK as long as the government is tough on Japan? Today's young aren't like those of earlier generations who believe what the government says, plus many people are starting to complain about stuff like the government spending tens of billions (of A$) on the recent 3-day G20 meeting, yet there are so many poor people in the rural areas.
|
|
|
|
Post by ziggysdad on Sept 28, 2016 17:32:13 GMT 10
I saw so many Chinese on holiday in Hawaii recently. I thought they worked 14hr days for a couple of dollars a day, so beats me how they can afford $US200 a day for accommodation in Waikiki. There must be a massive Chinese middle class who are relatively wealthy. That must put the shivers up the spine of the Chinese government. China's middle class is exploding...they are predicting 854 million by 2030. www.businessinsider.com.au/chinas-rising-middle-class-will-create-opportunities-the-world-has-never-seen-before-2015-5For example, in 2015 there were fewer than 30,000 BMWs sold in Australia compared to 456,000 BMWs sold in China! |
|
tyburn
Senior Member
Posts: 366
Likes: 541
|
Post by tyburn on Oct 1, 2016 12:09:38 GMT 10
I saw so many Chinese on holiday in Hawaii recently. I thought they worked 14hr days for a couple of dollars a day, so beats me how they can afford $US200 a day for accommodation in Waikiki. There must be a massive Chinese middle class who are relatively wealthy. That must put the shivers up the spine of the Chinese government. The couple of dollars a day thing was what attracted all the foreign manufacturers there three decades ago. Nowadays minimum wage in the big cities is about $4/hour, but real wages have grown so rapidly (accompanied by the increasingly onerous government requirements for technology transfer etc) that many of the big overseas companies have left for cheaper places like Vietnam and Cambodia. The middle class is getting wealthier, but the government is not afraid -- the opposite actually. The powers that be realise that if everyone is making money, can afford expensive cars and overseas holidays, the less likely people are to complain about the political situation. Actually, I was just reading the other day that one Chinese province now has over 70 US-dollar billionaires, making it the second highest concerntration of billionaires in the world (after California). Its not just the billionaires with money to burn either though. Just looking around the carpark in my apartment complex, within a dozen or so cars, there is a Range Rover (costing around $400,000), 2 Mercs, 3 BMWs, and a couple of Audis. Our Jap-brand SUV is probably the cheapest vehicle there. |
|
|
|
Post by Joey on Oct 1, 2016 12:42:05 GMT 10
I saw so many Chinese on holiday in Hawaii recently. I thought they worked 14hr days for a couple of dollars a day, so beats me how they can afford $US200 a day for accommodation in Waikiki. There must be a massive Chinese middle class who are relatively wealthy. That must put the shivers up the spine of the Chinese government. China's middle class is exploding...they are predicting 854 million by 2030. www.businessinsider.com.au/chinas-rising-middle-class-will-create-opportunities-the-world-has-never-seen-before-2015-5For example, in 2015 there were fewer than 30,000 BMWs sold in Australia compared to 456,000 BMWs sold in China! Also they are prob much cheaper there compared to here, import taxes, excises, luxury car taxes etc etc and then excessive profit from the dealers. |
|
tyburn
Senior Member
Posts: 366
Likes: 541
|
Post by tyburn on Oct 1, 2016 13:15:30 GMT 10
Also they are prob much cheaper there compared to here, import taxes, excises, luxury car taxes etc etc and then excessive profit from the dealers. Actually more expensive in China, even though many of the cars are made locally rather than imported. eg. the Audi A5 (one of the most popular cars) cost $70k to $75k in Australia (imported), but is around $90k in China (made locally) Imported cars are even more expensive, although the luxury tax being cut from about 30% to around 15% or so last year did lower prices a little. The main fact to remember is that "face" is very important, so people will spend all their cash on an expensive car, so that they can show off their importance or wealth. The interesting thing about the BMWs sold in Australia and China is that I reckon a fair portion of those bought in Aus were probably bought by recent immigrants. Of the Chinese we know in Aus, the ones married to Aussies, who have been in the country a farily long , or are other ethnic Chinese (ie. Malaysians, Hongkies etc) buy the same types of vehicles as everyone else. The recent mainland Chinese immigrants on the other hand buy Mercs and Beemers, same as they would do or would like to do in China. |
|
Jul 7, 2024 11:02:41 GMT 10
Jul 7, 2024 11:02:41 GMT 10
