China is still experiencing high growth. A lot of business and entrepreneurial developments in China are not yet evident to the outside world.

Alibaba is initiating a program to help teenagers start on line business.

http://www.dw.com/en/alibaba-nearly-triples-its-profits-in-2015/a-19238391


Quote:

For the full financial year, China's largest online retailer booked net income of $11.08 billion - an increase of 196 percent - or almost tripling - over 2015. Doing so, it bucked a broader trend of slowing economic growth in the world's second-largest economy. Alibaba also seemed to be fending off growing competition from other online retailers, maintaining its claim on 90 percent of the consumer-to-consumer market and more than half of the business-to-consumer market.

Chinese airlines growing fast as Australian airlines are scaling down to ward off losses:

http://www.dw.com/en/chinese-airlines-profits-soar-on-lower-fuel-costs/a-19152825


Quote:

The Asian powerhouse's flagship airline, Air China, announced a 77.5-percent jump in earnings for 2015 boosted by record low fuel prices and robust leisure and business travel demand. Net profit was 6.8 billion yuan (629 million euros, $1.05 billion), up from 3.8 billion yuan a year earlier. Air China's fuel bill, which accounts for about 40 percent of its operating costs, fell 30.4 percent from the year-ago level. However, it booked a 5.2-billion-yuan foreign exchange loss, due to a weakening domestic currency. "Although low fuel prices have helped to ease the pressure on operating costs, intensified industrial competition and substantial exchange rate fluctuations have posed severe challenges," the carrier said in a statement. Last year, the Chinese government launched a shock devaluation of the yuan, guiding the normally stable currency nearly 5 percent lower, and slowing growth has kept up downward pressure on the currency.   In 2015, all of China's three biggest airlines abandoned advance hedging to cover variations in fuel costs after being hit by wrong-way bets late in 2009. As a result, these carriers reap the full benefit when oil prices slide. This also helped the bottom lines of China Southern Airlines and China Eastern Airlines - number two and three in the country's air traffic market. China Southern Airlines, for example, reported a doubling in net profit for 2015 to 3.74 billion yuan. "The group seized the opportunity of decreasing fuel prices and increasing outbound tourism, which significantly improved the profit level," it said in a statement. China's growing middle class has boosted passenger numbers in recent years, with overseas travel topping more than 100 million in 2014. Foreign travel is tipped to grow another 10 percent this year as destinations such as the US, France, Australia, and, most recently, Britain have eased visa policies. According to industry analysts, the opening of a new Disney theme park in commercial hub Shanghai could further increase passenger numbers. Yu Nan, an analyst at Haitong Securities, told the news agency AFP that the June opening of the Disney park would "boost the business of airlines in the third quarter." China Eastern Airlines reported a rise of just over 33 percent in net profit to 4.54 billion yuan.

Svengali wrote on May 6^th, 2016 at 10:07am:

China is still experiencing high growth. A lot of business and entrepreneurial developments in China are not yet evident to the outside world. Alibaba is initiating a program to help teenagers start on line business. http://www.dw.com/en/alibaba-nearly-triples-its-profits-in-2015/a-19238391 Quote: For the full financial year, China's largest online retailer booked net income of $11.08 billion - an increase of 196 percent - or almost tripling - over 2015. Doing so, it bucked a broader trend of slowing economic growth in the world's second-largest economy. Alibaba also seemed to be fending off growing competition from other online retailers, maintaining its claim on 90 percent of the consumer-to-consumer market and more than half of the business-to-consumer market.

ebay must be worried. aliexpress has got the some great deals that you just can't get anywhere else.

China exports as percent of GDP are falling. This evidences the fact that China's domestic economy is growing faster than its exports.

In fact China's exports as percent GDP is very similar to Australia's. However, Australia is exporting mostly rocks, oil and gas, meat and wheat.

Australia has an unbalanced economy susceptible to shock whereas China has a reasonably balanced economy less susceptible to shock demonstrated by its economy growing by 7+% annually during GFC. China's demand for resources also saved Australia from negative consequences from GFC.

Svengali wrote on May 6^th, 2016 at 12:54pm:

China exports as percent of GDP are falling. This evidences the fact that China's domestic economy is growing faster than its exports. In fact China's exports as percent GDP is very similar to Australia's. However, Australia is exporting mostly rocks, oil and gas, meat and wheat. Australia has an unbalanced economy susceptible to shock whereas China has a reasonably balanced economy less susceptible to shock demonstrated by its economy growing by 7+% annually during GFC. China's demand for resources also saved Australia from negative consequences from GFC.

If they become like us with a BS service sector mowing each others lawns then they will be in real trouble !!

Sir lastnail wrote on May 6^th, 2016 at 3:36pm:

Svengali wrote on May 6th, 2016 at 12:54pm: China exports as percent of GDP are falling. This evidences the fact that China's domestic economy is growing faster than its exports. In fact China's exports as percent GDP is very similar to Australia's. However, Australia is exporting mostly rocks, oil and gas, meat and wheat. Australia has an unbalanced economy susceptible to shock whereas China has a reasonably balanced economy less susceptible to shock demonstrated by its economy growing by 7+% annually during GFC. China's demand for resources also saved Australia from negative consequences from GFC. If they become like us with a BS service sector mowing each others lawns then they will be in real trouble !!

The growing demand is for pubic hair pluckers.