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U.S. Imports from China Continue Cratering

qwezxcrty 4y ago
Chinese were celebrating the 2023 spring festival on January, there is little production and of course less exports. Look at the periodic drop in previous years. Please, look back after more data become available.
- somat 4y ago
  It has tripped me up several times, something shipped from china and it ends up in limbo for a couple of weeks, every time it has ended up being lunar new year. My understanding is there are a lot of people traveling and the normal logistical channels suffer accordingly. So late February early March shipping gets very weird from china. Sort of like trying to do business in the US between Christmas and new year, but worse.
- NLPaep 4y ago
  RTFA >Compared with January 2022, the level of U.S. imports from China is down by 20.1%.
  - qwezxcrty 4y ago
    I should elaborate a bit more, spring festival is based on a lunar calendar, so it's date in Gregorian calendar will float. Last year it was February 1 and in 2021 it was February 12.
AbrahamParangi 4y ago
“chief economist for Greater China at ING” as in: China, including the territories it has recently annexed and hopes to annex in the future.
- comte7092 4y ago
  What territories has China “recently annexed”?
  - reducesuffering 4y ago
    One could argue Tibet. Still people alive today it happened to them. https://en.wikipedia.org/wiki/Annexation_of_Tibet_by_the_People%27s_Republic_of_China https://en.wikipedia.org/wiki/Annexation_of_Tibet_by_the_Peo...
    - comte7092 4y ago
      The case can certainly be made, but the independence of Tibet only took place because of the collapse of the Qing, both the PRC and the ROC had the intent to retake Tibet once the civil war was concluded. One may say that Tibet is entitled to independence, but its annexation doesn’t represent some sort of aggressive territorial expansion beyond chinas historical borders.
      - throwaway12245 4y ago
        Didn't Mao attack Tibet "aggressively"?
        comte7092 4y ago
        >beyond Chinas historical borders. A civil war tends to be aggressive.
        throwawaylinux 4y ago
        Yes the Russian civil war is rather vigorous at the moment.
        comte7092 4y ago

Chinese were celebrating the 2023 spring festival on January, there is little production and of course less exports. Look at the periodic drop in previous years. Please, look back after more data become available.

somat 4y ago
It has tripped me up several times, something shipped from china and it ends up in limbo for a couple of weeks, every time it has ended up being lunar new year. My understanding is there are a lot of people traveling and the normal logistical channels suffer accordingly. So late February early March shipping gets very weird from china. Sort of like trying to do business in the US between Christmas and new year, but worse.
NLPaep 4y ago
RTFA >Compared with January 2022, the level of U.S. imports from China is down by 20.1%.
- qwezxcrty 4y ago
  I should elaborate a bit more, spring festival is based on a lunar calendar, so it's date in Gregorian calendar will float. Last year it was February 1 and in 2021 it was February 12.

AbrahamParangi 4y ago

“chief economist for Greater China at ING” as in: China, including the territories it has recently annexed and hopes to annex in the future.

comte7092 4y ago
What territories has China “recently annexed”?
- reducesuffering 4y ago
  One could argue Tibet. Still people alive today it happened to them. https://en.wikipedia.org/wiki/Annexation_of_Tibet_by_the_People%27s_Republic_of_China https://en.wikipedia.org/wiki/Annexation_of_Tibet_by_the_Peo...
  - comte7092 4y ago
    The case can certainly be made, but the independence of Tibet only took place because of the collapse of the Qing, both the PRC and the ROC had the intent to retake Tibet once the civil war was concluded. One may say that Tibet is entitled to independence, but its annexation doesn’t represent some sort of aggressive territorial expansion beyond chinas historical borders.
    - throwaway12245 4y ago
      Didn't Mao attack Tibet "aggressively"?
      - comte7092 4y ago
        >beyond Chinas historical borders. A civil war tends to be aggressive.
        throwawaylinux 4y ago
        Yes the Russian civil war is rather vigorous at the moment.
        comte7092 4y ago