China Economy: News & Discussion

[RoaringTigerHiddenDragon]

Harbin is the most attractive city this winter.

No point putting propaganda videos here. No one except a suspicious Indian will be impressed by it. China must first fix its appalling poverty and give up on treating its people worse than dirt. Nothing matters when your people are sleeping in cement mixers and holes in viaducts.

 

[RoaringTigerHiddenDragon]

The window is around 3-5 yrs, you need to have following things:
strong and rich govrnment to make industrial policy and exectue it;
10 million car sales per year as purchase power base;
300 million mid class like EU, USA as purchase group;
strong ICT industry;
strong IEC vehicle supply chain;
strong chemical industry and resources globally.

Good luck India!

We will get there for sure given how much the Indian economy is booming these days but will this all come at a huge cost to the environment is the real question. Let’s see.

 

[rockdog]

No point putting propaganda videos here. No one except a suspicious Indian will be impressed by it. China must first fix its appalling poverty and give up on treating its people worse than dirt. Nothing matters when your people are sleeping in cement mixers and holes in viaducts.

Don't watch, if u don't like.

 

[brational]

Shenzhen composite down over 47%.

This is not linked to the real estate slump or is it?

Don't worry, they will 'drive' out of this slump riding on their EV boom.

You are undermining Hawai Satellite Phone C919 aeroplane and ChiniShip.
You are following western propaganda whereas the Chini box office is breaking records in every passing day. Street food stalls are overcrowded with latenight female foodies. Look at the chini chip doing wonders in the chini economy.
Indi people alwa jaling hang.

 

[rockdog]

We will get there for sure given how much the Indian economy is booming these days but will this all come at a huge cost to the environment is the real question. Let’s see.

The window time is around 5 yrs, the current volume of 50,000 EV sales per yr in India couldn't support any dedicated EV platform and further modifications; in China, the EV brand on profit breakeven is 100,000 per yr.

By 2028, the market will be full of "take away" EV solution from Chinese makers, batteries, motors, sensors, AI based auto drive systems are all available on shelves.

Just like Chinese mobile makers came to India and other parts of world during 2016, You bought mobile solution with $100,000 from Shenzhen, and import all the components from Dongguan then started your own brands, like Lava, Micromax, but after that any major inhouse R&D became meaningless.


This is Jishi 01, an off road PHEV, most the sub-system are from shelft productsb (Battery, Lidar, PHEV system, e-suspension system ...) in EV supply chain, just because the Boss likes off-road and camping, and he is also the onwer of world's biggest sweeper robot company.

 

[SexyChineseLady]

The window time is around 5 yrs, the current volume of 50,000 EV sales per yr in India couldn't support any dedicated EV platform and further modifications; in China, the EV brand on profit breakeven is 100,000 per yr.

By 2028, the market will be full of "take away" EV solution from Chinese makers, batteries, motors, sensors, AI based auto drive systems are all available on shelves.

Just like Chinese mobile makers came to India and other parts of world during 2016, You bought mobile solution with $100,000 from Shenzhen, and import all the components from Dongguan then started your own brands, like Lava, Micromax, but after that any major inhouse R&D became meaningless.


This is Jishi 01, an off road PHEV, most the sub-system are from shelft productsb (Battery, Lidar, PHEV system, e-suspension system ...) in EV supply chain, just because the Boss likes off-road and camping, and he is also the onwer of world's biggest sweeper robot company.

View attachment 239755

View attachment 239756

China's exports to India grew a lot during the last couple of years. I think it has to do with Indians needing Chinese components for re-exports. The actual end user market in India is small.

This is like Vietnam where their imports from China grew faster than their exports to America!

Unlike China, small markets cannot support the economy of scale needed for industries.

 

[SexyChineseLady]

Mexico's imports from China went up steeply since 2020 along with its exports to the US!

 

[Azaad]

https://www.gizmochina.com/2024/02/08/chinese-chip-maker-smic-faces-revenue-decline-and-profit-drop-in-2023/

 

[Azaad]

There are many ways of cooperation between China and EU car makers, will create tens of millions of new jobs.

Chinese EV battery makers are aggressively expanding production in Europe

Companies such as CATL, Svolt, and Gotion Hi-Tech have all recently announced plans for new European factories.

qz.com

China's BYD to build new energy vehicle production base in Hungary

https://www.reuters.com/business/autos-transportation/chinas-byd-build-new-energy-vehicle-production-base-hungary-2023-12-22/

Volkswagen invests $700 million in Chinese EV maker Xpeng to boost sluggish sales

https://edition.cnn.com/2023/07/27/cars/china-volkswagen-xpeng-investment-intl-hnk/index.html

Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor’s Global Electric Vehicle Business

Leveraging the strengths of both companies, Stellantis and Leapmotor give birth to a strategic global relationship that aims at creating a highly c

www.stellantis.com

New Mini Cooper Electric spotted on trailer in China ahead of deliveries

Mini Cooper EV is manufactured in China jointly by Great Wall Motor and BMW for global markets.

carnewschina.com

Meanwhile, the traditional Tier1 from the supply chains:

Bosch Eyes 1,200 Job Cuts As High Costs, Slowing Demand Bite

Bloomberg - Are you a robot?

Continental plans thousands of job cuts in auto division

https://www.reuters.com/business/autos-transportation/continental-plans-thousands-job-cuts-auto-division-2023-11-13/

These "co operations you're talking about benefits the Chinese MUCH MORE than it does the Europeans .

Besides are you even aware of the scale of disruption China's causing in Europe to European industries with their massive subsidization of Chinese EVs or the lead it has taken in mfg Li ion battery packs , or the backward integration it has indulged in .

I'm not sure either the Chinese or the CCP has studied the European mind thoroughly. They hate being on the receiving end especially if the person dishing it out happens to be a non white.

The only way you're going to establish supremacy over the whites is when you defeat them on the battlefield & then dictate terms to them. 30 years ago the Japanese were in the same place you're now with respect to not just automobiles but electronics & a few other sectors too.

Look how did it end for them . While the Japanese capitulated , the Chinese obviously won't. I hope you realise what that means .

 

[Azaad]

The window time is around 5 yrs, the current volume of 50,000 EV sales per yr in India couldn't support any dedicated EV platform and further modifications; in China, the EV brand on profit breakeven is 100,000 per yr.

By 2028, the market will be full of "take away" EV solution from Chinese makers, batteries, motors, sensors, AI based auto drive systems are all available on shelves.

Just like Chinese mobile makers came to India and other parts of world during 2016, You bought mobile solution with $100,000 from Shenzhen, and import all the components from Dongguan then started your own brands, like Lava, Micromax, but after that any major inhouse R&D became meaningless.


This is Jishi 01, an off road PHEV, most the sub-system are from shelft productsb (Battery, Lidar, PHEV system, e-suspension system ...) in EV supply chain, just because the Boss likes off-road and camping, and he is also the onwer of world's biggest sweeper robot company.

View attachment 239755

View attachment 239756

You can forget about the window time for India & start worrying about the window time for China which has monopolised trade thru means fair & foul & openly goes about threatening the territorial integrity of almost all its neighbours.

How long do you think the world would put up with your shenanigans of having your cake & eating it too ?!

Going by your low IQ posts & that of your fellow Wumaos I suppose you think the entire world is going to sit on its backsides watching China destroy their industries & later take whatever land China thinks it's entitled to .

 

[Azaad]

China's exports to India grew a lot during the last couple of years. I think it has to do with Indians needing Chinese components for re-exports. The actual end user market in India is small.

View attachment 239804

This is like Vietnam where their imports from China grew faster than their exports to America!

View attachment 239802

Unlike China, small markets cannot support the economy of scale needed for industries.

Keep watching this graph for another 3 years till the financial years - F.Y - 2027-28. You'd see the beginning of the downward trend in the China India trade which is now in favour of China.

So Vietnam importing more China than what it exports to the US is proof of greater Internal consumption whereas India's goods exports almost on par with Vietnam is a sign that it's export market is bigger but internal consumption is lower than Vietnam.

Tell me you failed the Gaokao examinations without telling me you failed the Gaokao examinations.

 

[RoaringTigerHiddenDragon]

Don't watch, if u don't like.

Do you think I watch propaganda videos? lol. I don’t even open it. The video title is enough to know it is propaganda. The reality is the leaked videos coming out of China which paints a grim picture of people’s human rights and poverty there. Only shallow brained morons will fall for this propaganda. Most grown-up and mature people know the reality. The stupidest thing in all this is the CCP wants us to watch propaganda videos on YT, when YT itself is banned in China, as otherwise the Chinese and others would find out the reality from the comments section of these videos. lol.

 

[RoaringTigerHiddenDragon]

The window time is around 5 yrs, the current volume of 50,000 EV sales per yr in India couldn't support any dedicated EV platform and further modifications; in China, the EV brand on profit breakeven is 100,000 per yr.

By 2028, the market will be full of "take away" EV solution from Chinese makers, batteries, motors, sensors, AI based auto drive systems are all available on shelves.

Just like Chinese mobile makers came to India and other parts of world during 2016, You bought mobile solution with $100,000 from Shenzhen, and import all the components from Dongguan then started your own brands, like Lava, Micromax, but after that any major inhouse R&D became meaningless.


This is Jishi 01, an off road PHEV, most the sub-system are from shelft productsb (Battery, Lidar, PHEV system, e-suspension system ...) in EV supply chain, just because the Boss likes off-road and camping, and he is also the onwer of world's biggest sweeper robot company.

View attachment 239755

View attachment 239756

But if you subsidized it, there will be anti-dumping duty effectively banning it. Indian government is incentivizing EVs but I am pretty sure the domestic manufacturers will ramp up with European/Japanese/Koran tech. Many already have Jabs with Indian companies and producing all these internally.
‘By the way tell your boss that the sweeping robot Americancomoany iRobot failed due to poor demand for the concept. He is also going to go that way. Better start looking for a new job.

 

[ym888]

But if you subsidized it, there will be anti-dumping duty effectively banning it. Indian government is incentivizing EVs but I am pretty sure the domestic manufacturers will ramp up with European/Japanese/Koran tech. Many already have Jabs with Indian companies and producing all these internally.
‘By the way tell your boss that the sweeping robot Americancomoany iRobot failed due to poor demand for the concept. He is also going to go that way. Better start looking for a new job.

It looks like the Indian government is more than 20 years late,

These measures are not even close to what China did 20 years ago.

Foreign technology and investment are certainly important. But the most basic is the country's industrial investment in science and technology.

 

[RoaringTigerHiddenDragon]

It looks like the Indian government is more than 20 years late,

These measures are not even close to what China did 20 years ago.

Foreign technology and investment are certainly important. But the most basic is the country's industrial investment in science and technology.

China invested only in cheap labor laws. What science & technology? You mean industrial espionage? No, India is not going to do that except to Chinese companies operating here. Quality Supply chains are getting formed at a rapid pace in India. EVs will go the iPhone way too. A substantial number of trusted, quality EVs will be made in India. Indian car manufacturers already possess EV battery tech and transmission technologies. Plus Toyota‘s hydrogen tech is going to be a big hit in India, as EV battery tech fades.

 

[ym888]

China invested only in cheap labor laws. What science & technology? You mean industrial espionage? No, India is not going to do that except to Chinese companies operating here. Quality Supply chains are getting formed at a rapid pace in India. EVs will go the iPhone way too. A substantial number of trusted, quality EVs will be made in India. Indian car manufacturers already possess EV battery tech and transmission technologies. Plus Toyota‘s hydrogen tech is going to be a big hit in India, as EV battery tech fades.

Salute to the future king -hydrogen tech

 

[FalconSlayers]

Chinks sinking further in deflation

 

[RoaringTigerHiddenDragon]

Chinks sinking further in deflation

Looks like Japanese style multi decade deflation is coming. Growth won’t be more than 2% average for a decade at least. Excess capacity will eat into debt repayments. Population ages with productivity decreasing heavily. Yup…just like Japan but on a more disastrous, bigger scale with the west as their enemies.

 

[SexyChineseLady]

Congrats to Indians for being in the red

 

[Azaad]

Congrats to Indians for being in the red

View attachment 239982

Thanks . It'd contribute to our GDP growth too unlike China which is seeing a deflation.