Bro that sarcasm was way too much .. I honestly was expecting some actual robots and shit in a chinese village.
China Economy: News & Discussion
- Thread starter Rage
- Start date
another_armchair
Senior Member
- Joined
- Feb 28, 2019
- Messages
- 11,589
- Likes
- 52,362
The real deal are the CCP agents working under cover. Watch as they urge Chinese to come out in the open and speak freely and critically of the Govt, putting vibrant democracies to shame.
KurtisBrian
Senior Member
- Joined
- Feb 4, 2021
- Messages
- 1,255
- Likes
- 1,771
Probably not good translation. I considered not being two faced to be an admirable trait.
I am not in China. Wealth of Chinese in China compared to other nations doesn't affect me much.
rockdog
Senior Member
- Joined
- Dec 29, 2010
- Messages
- 4,129
- Likes
- 2,974
Most people don't like new money, China is new money to America, just like American was new money to European.
If you watched the movie "Titanic", you would see how the European down played the American. But just few years before it sank, in 1895, the USA overtook the UK as 1st GDP nation in the world, and people still didn't noticed that on Titanic.
rockdog
Senior Member
- Joined
- Dec 29, 2010
- Messages
- 4,129
- Likes
- 2,974
The counties and villiges of the vid are from Guizhou provide, the provionce with 95% land are mountains. till now it's almost the poorest province in China and 20 yrs ago they were the same per GDP as Uganda, and 2022 was USD8000 per, but China's average is USD12,000 per ...
There are 1000+ villiages like that, people would only live together inside the mountain. Those condos are real and they are traditional, but the government gave them subisidy to renovate.
I visited few of them during 2019.
rockdog
Senior Member
- Joined
- Dec 29, 2010
- Messages
- 4,129
- Likes
- 2,974
The county level of "CIA" officers always working in such rude manner, people from Shanghai would be more gently.
From this CNN vid, and with my own experinces:
1. This is the deepest place of China, Guizhou province is truly the most undevelped place.
2. The villiages were covered by electrity, clean water, good road networks.
3. The hosptial and vaccine system are running smoothly.
4. Young people have jobs in coastal belt, join the manufactuers, their monthly wages normally is equal to their whole year's income of family.
5. From the vid, they are affordable with entry level cars ($USD15000), i didn't see many old cars.
6. AFAIK, the Guizhou covered all the counties with high standard highway system.
7. Guizhou also famouse as "cloud industry". Since rich on hydroelectricity and mountains, most big companies put their data centers in the caves of mountains nearby hydro stations. Apple's all Chinese data are stored here, called "Cloud up on Guizhou". This is how even poorest place would empowered by IT booming.
SexyChineseLady
Senior Member
- Joined
- Oct 3, 2016
- Messages
- 5,130
- Likes
- 3,979
US is pursuing tech war with China by banning chips. China on the other hand is welcoming US chip firms 
SexyChineseLady
Senior Member
- Joined
- Oct 3, 2016
- Messages
- 5,130
- Likes
- 3,979
With all the HSR, C919, Maglev, EVs, etc. This the Chinese transport I am most anticipating!!!
SexyChineseLady
Senior Member
- Joined
- Oct 3, 2016
- Messages
- 5,130
- Likes
- 3,979
China builds and operates more of HSR trains than the rest of the world combined!
KurtisBrian
Senior Member
- Joined
- Feb 4, 2021
- Messages
- 1,255
- Likes
- 1,771
People/nations of Europe had to build/create their own wealth. They created and thus used to have real wealth and money.
Americans had to build everything they had (excepting the stuff they took from Britain). Thus they had real wealth and money.
Rise of US...Americans of the USA defeated global superpower Britain in 1783 (fought again in 1812). Americans created new stuff for their Civil War, steel ships, repeating rifles, gatling gun. Americans of the USA defeated Spain 1898. So I am certain Europe noticed the power of the US long before the sinking of the Titanic in 1912.
Compare with China and the Chinese. Chinese have been given huge sums of US money via FDI plus the transfer of factories and technology. Chinese didn’t create the modern things they have. Chinese have not defeated anyone.
If China wants to be big dog and have real money then they have to beat some big dogs. Can’t do it then Chinese serve and get cared for according to how well they serve. Chinese were serving well and were getting richer. Kind of like the no power Japanese and Germans serve but are wealthy.
Jinping Xi must know this. For the Chinese to really have new money they are going to have to defeat some players of worth and gain (regain?) a seat at the table (the one where the big dogs are playing poker).
Indebted Guizhou province asks Beijing for help, but post disappears soon after
Researchers in landlocked Guizhou surveyed some of the province’s most indebted cities and found it ‘impossible’ to solve their debt problems at local levels under the current economic conditions.
rockdog
Senior Member
- Joined
- Dec 29, 2010
- Messages
- 4,129
- Likes
- 2,974
China's exports rebound unexpectedly to growth in March
www.ctvnews.ca
China's exports rebounded unexpectedly to growth in March despite a decline in U.S. and European demand following interest rate hikes to cool inflation.
Exports rose 14.8% over a year earlier to $315.6 billion, recovering from a 6.8% decline in January and February, customs data showed Thursday. Imports sank 1.4% to $227.4 billion, a smaller contraction than the 10.2% slide in the previous two months.
China's politically sensitive global trade surplus widened by 82% over a year earlier to $88.2 billion.
Exports to the United States and the 27-nation European Union, China's biggest foreign markets, declined after the Federal Reserve and other central banks raised rates to slow consumer and business activity. That was offset by double-digit gains in sales to Canada, Indonesia, Russia and other markets.
------------------------------------
I think OBOR & RCEP finally empowers China's export, even the direct demand from US and EU decreased.
The RCEP helps Chinese manufactuers uses ASEAN nations as proxy to export to USA. Some of my friends already moved their PCB factories to Thailand and Vietnam, the assembly lines are now in ASEAN, but the core supply chains are still in Shenzhen and Dongguan.
I have to say pushed OBOR and made RCEP (regardless India likes join or not) to be sealed as soon as possible are really smart by Chinese government, the government is quite long sighted at this point.
China's exports rebound unexpectedly to growth in March
China's exports rebounded unexpectedly to growth in March despite a decline in U.S. and European demand following interest rate hikes to cool inflation.
China's exports rebounded unexpectedly to growth in March despite a decline in U.S. and European demand following interest rate hikes to cool inflation.
Exports rose 14.8% over a year earlier to $315.6 billion, recovering from a 6.8% decline in January and February, customs data showed Thursday. Imports sank 1.4% to $227.4 billion, a smaller contraction than the 10.2% slide in the previous two months.
China's politically sensitive global trade surplus widened by 82% over a year earlier to $88.2 billion.
Exports to the United States and the 27-nation European Union, China's biggest foreign markets, declined after the Federal Reserve and other central banks raised rates to slow consumer and business activity. That was offset by double-digit gains in sales to Canada, Indonesia, Russia and other markets.
------------------------------------
I think OBOR & RCEP finally empowers China's export, even the direct demand from US and EU decreased.
The RCEP helps Chinese manufactuers uses ASEAN nations as proxy to export to USA. Some of my friends already moved their PCB factories to Thailand and Vietnam, the assembly lines are now in ASEAN, but the core supply chains are still in Shenzhen and Dongguan.
I have to say pushed OBOR and made RCEP (regardless India likes join or not) to be sealed as soon as possible are really smart by Chinese government, the government is quite long sighted at this point.
Last edited:
srevster
Senior Member
- Joined
- Nov 10, 2020
- Messages
- 3,018
- Likes
- 5,588
Made-in-India iPhones surge as Apple moves production away from China
India-made iPhones surged in volume and value last year, as Apple moved to shift some production away from China in a bid to diversify its supply chain.
srevster
Senior Member
- Joined
- Nov 10, 2020
- Messages
- 3,018
- Likes
- 5,588
Apple Goes Big On India: Triples iPhone Production In Last Fiscal, Aims 25% Production By 2025
Apple Inc (NASDAQ: AAPL) assembled over $7 billion of iPhones in India last fiscal, tripling production after expanding its presence beyond China. India now produces 7% of Apple's iPhones through expanding partners from Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn Technology Group to...
srevster
Senior Member
- Joined
- Nov 10, 2020
- Messages
- 3,018
- Likes
- 5,588
Car Makers Revive India Growth Plans as China Market Sags
Nissan, Renault, Hyundai and Volkswagen have announced new plans for India, a market that executives say has become too big to neglect despite historical challenges.
www.wsj.com
another_armchair
Senior Member
- Joined
- Feb 28, 2019
- Messages
- 11,589
- Likes
- 52,362
rockdog
Senior Member
- Joined
- Dec 29, 2010
- Messages
- 4,129
- Likes
- 2,974
Good, can't wait to check the data:
Despite this demand, the Indian AC market stands at just over 7 million units with penetration of just 8%. In comparison to China (penetration of 138% as of 2019) showcases a large gap.
AC is the key to productitive, and don't forget China is a temperate countries and India is tropical country ... ...
With PLI the AC industry poised to create jobs, shape a self-reliant India
Air conditioners industry is in a unique position to follow the path of the automotive industry in India as it has been at the forefront of creating products that are comfortable, create jobs for societies...
But India's low penetration rate will be good chance for oversea AC makers:
Who is the Largest Air Conditioner Manufacturer in the World?
