10s of millions of cellphone subscriptions vanishing in China.

Discussion in 'Economics' started by Amun Ra, Mar 28, 2020.

  1. Then you should not be sleeping outside :)
     
    #21     Mar 28, 2020
    newwurldmn likes this.
  2. Turveyd

    Turveyd

    No homeless problems though.
     
    #22     Mar 28, 2020
  3. Amun Ra

    Amun Ra

    35% of china are farmers and wouldn't be affected. 17.8% are children. This leaves less than half of China or about 800 million.

    China's non-farm workforce is about 450 million. Now we have 30 million cell subscriptions gone. We live in a day & age when even homeless people have cell phones. Cell phones are literally the last thing people stop service on. Hard to imagine people canceling service because money is getting a little tight.

    It's reasonable to believe though that China has been canceling peoples service that have been talking about things china doesn't want them talking about.
     
    #23     Mar 28, 2020
  4. keesa

    keesa

    China Mobile is only one of the top 3 mobile servie providers. you need to cross check their competitors' data to confirm the total mobile figures for the last two months. If you check the historical figures, the monthly new subscribers grew quite steady at about a few million monthly. This is a typical life cycle of mobile subscriptions with the efforts of hundreds of thousands aggressive salepersons at local retail sites. When most cities lockdown for a month or two, the sales and retail services halted, and thus attracted fewer subscribers. Same thing will happen in USA in the next month or so.
     
    #24     Mar 28, 2020
    DblArrow likes this.
  5. gaussian

    gaussian

    10s of millions is quite large but apparently people are lining up to collect the ashes of loved ones. The lines are quite long for a few thousand deaths...
     
    #25     Mar 28, 2020
  6. Turveyd

    Turveyd

    Predictions at the moment, 0.02% mortality rate, slightly under normal flu at 0.024%, which puts them at about 300K, last news leak on the decline already was 200K dead so more realistic, think 10Mil too high from the recent data.

    Massive panic over nothing!!
     
    #26     Mar 29, 2020
  7. Bugenhagen

    Bugenhagen

    You need to travel more. Homeless people in China have cellphones...
     
    #27     Mar 29, 2020
  8. Amun Ra

    Amun Ra

    I said that.
     
    #28     Mar 29, 2020
  9. lol @hafez50 still has his.
     
    #29     Mar 29, 2020
  10. Bugenhagen

    Bugenhagen

    You also don't recognise sarcasm.

    Will try and put in smileys for you in future.
     
    #30     Mar 29, 2020
    VPhantom likes this.