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    China's Comeback
    China's Comeback
    China's Comeback
    Ebook132 pages1 hour

    China's Comeback

    By Warren H. Lau

    ()

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    About this ebook

    While the world still contemplates the impossibility of China solving its current economic problems, Warren H. Lau provides us with a solution: agricultural modernization. He suggests driving people into cities to absorb the excess urban housing supply.

     

    In the aftermath of the COVID-19 pandemic and the ongoing real estate crisis, China faces a pivotal moment that will define its economic trajectory and role in the world. This book analyzes the country's current challenges, focusing on a depressed property market and excess housing supply. It argues that strategic policy reforms, centered around agricultural modernization, can spark revitalization.

     

    By heavily investing in automation and technology to boost productivity on farms, China can transform its labor-intensive farming practices. This would spare millions of workers who could then migrate to cities, becoming new residents and occupants of the oversupplied urban real estate. With more human capital populating urban centers, there would be increased demand for housing and domestic consumption of goods and services.

     

    The book outlines how coordinating initiatives across infrastructure, public works, tourism, and development can convert rural economies, depopulate the countryside, and smoothly reallocate human resources. Such an orchestrated effort can relieve stresses in the property sector, stabilize the financial system, and increase urban population density. This rebalancing of China's internal dynamics could have strong ripple effects across global trade, investment, and economic cooperation.

    LanguageEnglish
    PublisherINPress International
    Release dateNov 13, 2023
    ISBN9798223183310
    China's Comeback
    Author

    Warren H. Lau

    Warren H. Lau is currently C.E.O. of a tech firm, and has many years of experience in overseeing web-based development projects. ​ The main duty of his job is to design and oversee the development of usable websites, mobile sites and mobile apps that are user friendly and immune to cyberattacks; at the same time, lead the marketing team to achieve business success. ​ Before Warren H. Lau begins his career in the technology industry, he spent more than ten years in the investment career. Warren H. Lau bet heavily in Chinese Stock Market rebound amid 2008 Subprime Crisis, and grew his portfolio 600% within 3 years. During 2010 - 2017, Warren H. Lau grew his portfolio by 320% within 7 years, achieved an average annual return of 22%, surviving the Europe Debt Crisis and 2015 Chinese Black Monday. Warren H. Lau achieved this result through a combined application of fundamental, technical and news analysis. ​ Warren H. Lau summarized all his knowledge and experience and published his investment book series: "Winning Strategies of Professional Investment".

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      Book preview

      China's Comeback - Warren H. Lau

      China's Comeback

      How Transforming Rural Economies Can Drive China and the World's Post-Pandemic Recovery

      Warren H. Lau

      INPress International

      Copyright © 2023 INPress International

      All rights reserved

      The characters and events portrayed in this book are fictitious. Any similarity to real persons, living or dead, is coincidental and not intended by the author.

      No part of this book may be reproduced, or stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without express written permission of the publisher.

      Cover design by: Utopia Creative Studio

      Library of Congress Control Number: 2018675309

      Printed in the United States of America

      To Everyone Who Cares About Global Economy

      Contents

      Title Page

      Copyright

      Dedication

      Forward

      Introduction

      Preface

      Part One: A Perfect Maelstrom

      Chapter One: Debt Deluge for Developers

      Chapter Two: Property Glut Gathers

      Chapter Three: Rain for Local Governments

      Chapter Four: Storm Clouds for Markets

      Chapter Five: Consumption Coma

      Part Two: The Rural Transformation

      Chapter Six: Capitalizing on Connectivity

      Chapter Seven: Mechanization is Modernization

      Chapter Eight: A Bountiful Harvest of Human Capital

      Chapter Nine: Seeding an Exodus

      Chapter Ten: Fertile Ground for Growth

      Chapter Eleven: Cultivating Consumption

      Part Three: Building the Infrastructure

      Chapter Twelve: Laying Down Roots

      Chapter Thirteen: Pipes and Power for Prosperity

      Chapter Fourteen: Venture Villages

      Chapter Fifteen: Buildings and Backbones

      Chapter Sixteen: A Foundation for Opportunity

      Chapter Seventeen: Towns Take Shape

      Part Four: City Calling to Absorb Real Estate Supplies

      Chapter Eighteen: Relocation Incentives

      Chapter Nineteen: Business Bounties

      Chapter Twenty: County Makeovers

      Chapter Twenty One: Talent Takes Root

      Chapter Twenty Two: Welcoming Workers

      Chapter Twenty Three: Consumption Commences

      Chapter Twenty Four: Absorbing Property Supply

      Part Five: Ripple Effects Across China Economy

      Chapter Twenty Five:  Real Estate Recovery

      Chapter Twenty Six: Property Payoffs

      Chapter Twenty Seven: Developer Deliverance

      Chapter Twenty Eight: Banking Boost

      Chapter Twenty Nine: Manufacturing Gets Moving

      Chapter Thirty: Service Surge

      Part Six: Global Economic Winners

      Chapter Thirty One: Made in China

      Chapter Thirty Two: China Market

      Chapter Thirty Three: Commodities Comeback

      Chapter Thirty Four: Emerging Opportunities

      Chapter Thirty Five: Growth Goals Achievable

      Part Seven: A Roadmap for Recovery

      Chapter Thirty Six: A Policy Prescription

      Chapter Thirty Seven: Potential Potholes

      Chapter Thirty Eight: Continued Calibrations

      Chapter Thirty Nine: Geopolitical Gray Clouds

      Chapter Forty: Within and Beyond Borders

      Chapter Forty One: Steering the Phoenix

      About The Author

      Forward

      While the world still contemplates on how impossible for China to solve her current economic problems, Warren H. Lau provides us a solution: Agricultural modernization, drive people into cities to absorb excess urban housing supply.

      In the aftermath of the COVID-19 pandemic and ongoing real estate crisis, China faces a pivotal moment defining its economic trajectory and role in the world. This book analyzes the country's current challenges centered around a depressed property market and excess housing supply. It argues that strategic policy reforms focusing on agricultural modernization can spark a revitalization.

      Through heavy investment in automation and technology to boost productivity on farms, China can wean itself off intensive labor-based farming. This would spare millions of workers who could migrate to cities as new residents and occupants for the oversupplied urban real estate. With more human capital populating urban centers, demand for housing and domestic consumption of goods and services would rise.

      The book outlines how coordinating initiatives across infrastructure, public works, tourism and development can convert rural economies, depopulate the countryside and smoothly reallocate human resources. Such an orchestrated effort can relieve stresses in the property sector, stabilize the financial system and refill urban population density. With a rebalancing of China's internal dynamics, strong ripple effects are plausible across global trade, investment and economic cooperation.

      Introduction

      In early 2023, questions loom large over China's economic prospects amid severe headwinds. Its once red-hot property sector has experienced a jarring comedown, slashing growth and weighing on local governments, banks and households. Meanwhile, its adherence to zero-COVID policies continues raising doubts about its ability to converge globally on post-pandemic norms.

      Underneath the surface, however, changes may already be brewing that could indicate China is engineering solutions. Rural job markets are witnessing policy-driven transformations centering on agricultural mechanization, infrastructure and venture capital. Simultaneously, municipalities are unleashing initiatives to lure new residents and activate urban consumerism.

      This book seeks evidence of whether China has recognized its opportunity to proactively shape conditions for recovery. If coordinated astutely and at sufficient scale, the priorities outlined here could remedy real estate oversupply while mitigating adverse spillovers. After weathering short-term pains, some projections indicate China may well emerge with new long-term drivers of sustainable, consumption-based growth benefiting global trade. The coming years could offer definitive proof of China’s capacity for strategic innovation amid crisis.

      Preface

      In seeking to chart a course through China's current economic crossroads, this book aims to offer a perspective that is constructive yet honest. It frankly assesses the deep difficulties afflicting sectors like real estate while entertaining realistic solutions grounded in evidence from China and beyond.  

      Though acknowledging headwinds are fierce, giving in to defeatism or panic serves no purpose. Instead, we must tap into humanity's innate drive to innovate during times of turmoil. History shows us that crises often birth reforms yielding fresh opportunities, and nations that weather short-term pains adeptly can emerge stronger.

      To that end, this book hypothesizes pathways for China to systematically redirect resources through agriculture-led job displacement and carefully orchestrated urbanization. Such coordinated efforts demand vision and long-term thinking - attributes the country has displayed before when overcoming immense challenges. The book explores why staying hopeful yet prudent could make this crisis a proving ground for China's resilience with worldwide good.

      Part One: A Perfect Maelstrom

      China's current property sector downturn

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