Anonymous ID: 17b2f0 Jan. 20, 2019, 12:24 p.m. No.4837014   🗄️.is 🔗kun   >>7151 >>7369

Heads up ref: China's Production & Trade position compared to USA.

(Spring Festival - Chinese New Year - Chunyun)

  • (The Spring Rush in 2019 will be from January 21 to March 1)

There are about (3 billion) passenger-journeys, which make chun yun the world’s largest annual human migration.

 

A number to watch in the coming months:

  • How many Chinese return from the "countryside" to the factories and cities.

This migration takes place every year.

There is speculation that many Chinese won't return from the countryside due to the (Economic Slowdown) in China as a result of USA trade negotiation pressure.

————

(The Vindicator - January 14, 2019)

"Chinese exports to US sank last month as tariffs took a toll"

 

In December, Chinese exports to the United States that had held up through much of the year fell 3.5 percent from a year earlier to $40.3 billion. Sales to the U.S. market had kept growing by double digits in previous months as Chinese exporters rushed to fill orders. But forecasters said American orders would slump once the full impact of Trump’s penalties hit.

 

“Export growth has slowed down dramatically,” noted Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics. “There’s plenty of anecdotal evidence of layoffs in export-dependent provinces,” including Guangdong on the south China coast.

 

Lardy said he suspects that many migrant workers won’t return from their home villages to factory jobs at the end of Chinese New Year next month, either because they have been laid off or are waiting to see what happens to the economy.

———-

A number to watch to see how trade negotiation pressures are affecting the Chinese workforce.

 

https://www.scmp.com/economy/china-economy/article/2182384/trade-war-sees-chinas-provinces-slash-growth-forecasts-2019

http://www.vindy.com/news/2019/jan/14/chinese-exports-us-sank-last-month-tariffs-took-to/

https://www.chinatravel.com/focus/chinese-new-year/spring-festival-travel-season.htm