China Economy: News & Discussion

[Armand2REP]

ZTE is the second largest telecom vendor and significantly smaller compared to HUAWEI.

What is happening between China and America is trade war. When there is war, there will be casualties. Americans picked one of weakest point of Chinese economy and hit it rather hard.

You think Chinese weakest point is smartphones?

 

[sthf]

Just as I predicted....

While Chinese hardware and IT companies are deeply integrated with hi-tech supply chain, Indian mobile phone market are slaughtered by Chinese brands, Indian internet companies are hunted by Chinese VCs...

I'll wait for the some clowns to completely show off the some outsourcing offices and call center seats.

Clown No. 1 - Skirting the issue by bringing India in an unrelated thread.:biggrin2:

ZTE is the second largest telecom vendor and significantly smaller compared to HUAWEI.

What is happening between China and America is trade war. When there is war, there will be casualties. Americans picked one of weakest point of Chinese economy and hit it rather hard.

Clown No. 2 - Skirting the issue by pretending it's not a big deal.:biggrin2:

I am still waiting for Clown No. 3 to skirt the issue by posting some irrelevant pictures.

 

[nimo_cn]

You think Chinese weakest point is smartphones?

you think ZTE is just a smartphone manufacturer?

 

[sthf]

You think Chinese weakest point is smartphones?

Offcourse it is. Its not like Chinese are the largest producers of smartphones that run on American hardware and software. You should be ashamed of yourself for such preposterous insinuations.

 

[nimo_cn]

Just as I predicted....



Clown No. 1 - Skirting the issue by bringing India in an unrelated thread.:biggrin2:



Clown No. 2 - Skirting the issue by pretending it's not a big deal.:biggrin2:

I am still waiting for Clown No. 3 to skirt the issue by posting some irrelevant pictures.

india is always relevant as long as indian posters are involved.

ZTE collapsing is a big deal to Chinese telecom industry, but it's no big deal to the incoming sino-america trade war. China won't lose the war just because ZTE collapses.

 

[Mikesingh]

you think ZTE is just a smartphone manufacturer?

ZTE is a telecommunications equipment company. What else does it manufacture? Pizzas?

 

[LordOfTheUnderworlds]

1. the old in rural areas have no pensions,but they have their own land providing basic food and accomodation.(which is s in fact the assurance of rural people).
the old in urban areas have pensions but have no land.

of course, the government now also start to gift some 'Subsidy' to old peasant without peansions,but such 'subsidy' usually is symbolic （say 10-50 USD/month）


2. usually childern provide some cashes to their old parents,where their parents live in ruarl areas or urban ones.

3. medic-assurance system have covered both rural Chinese and urban ones. it used to cover only urban ones.
so, medic-assurance can provide most medic-expenditure for even rural old parents .

4. Most chinese rural youth stay/work in cities and and leave their old parents(and perhaps their kids) in home villages.
those youth only returned home village during Chinese new year vacation.


5. more and more Chinese youth buy houses in cities( big cities and countytowns) and leave village for ever, and their old peasant parents would usually move in cities with their childerns.
thus ,more and more villages are vacant and become 'ghost village'.

Who does most of the farming? Small farmers, old people, or corporations? How many of them use modern farming techniques and equipment?

 

[sthf]

india is always relevant as long as indian posters are involved.

That is a very reasonable argument. Not at all juvenile.

ZTE collapsing is a big deal to Chinese telecom industry, but it's no big deal to the incoming sino-america trade war. China won't lose the war just because ZTE collapses.

Okie Dokie.

 

[nimo_cn]

it doesn't not manufacture nothing else. my reply to the Frenchman is that smartphone is not the weak point.

ZTE is a telecommunications equipment company. What else does it manufacture? Pizzas?

 

[nimo_cn]

Who does most of the farming? Small farmers, old people, or corporations? How many of them use modern farming techniques and equipment?

it depends. in my village, farmers are mostly those who are in their 40s and 50s. machines are pervasive in plowing and reaping. sowing is conducted by hands, but the techniques are different than my old days.

 

[Armand2REP]

Offcourse it is. Its not like Chinese are the largest producers of smartphones that run on American hardware and software. You should be ashamed of yourself for such preposterous insinuations.

Android is Open Source so it has no effect on the software. There are several options for chipsets: HiSilicon, Samsung, MTK. The Corning glass is harder to replace as the best crap they can get is Dragontrail. The gyroscopes are French, the cameras are Sony, the modems are cloned. They even make their own OLED screen although it is worse than the lowest bin Samsung would consider selling.

 

[Armand2REP]

india is always relevant as long as indian posters are involved.

ZTE collapsing is a big deal to Chinese telecom industry, but it's no big deal to the incoming sino-america trade war. China won't lose the war just because ZTE collapses.

Huawei is the big telecoms giant in China and the one with the branded networking gear. That is the real cherry Trump will threaten to pop. ZTE is just the example before he plays hardball.

 

[rockdog]

Android is Open Source so it has no effect on the software. There are several options for chipsets: HiSilicon, Samsung, MTK. The Corning glass is harder to replace as the best crap they can get is Dragontrail. The gyroscopes are French, the cameras are Sony, the modems are cloned. They even make their own OLED screen although it is worse than the lowest bin Samsung would consider selling.

HiSilicon is owned by Huawei...


Some Gyroscopes are made by ST, and ST is a company joint venture by Italy and France, not French.

Lens Technology is investing and competing the Corning glasses now, and Corning is facing some other Chinese companies.

O-Film and replacing the Sony cameras on all ranges of mobile phones, and Huawei is using Leica for its hi-end P10, P20; DJI just bought Hasselblad's most share.

AAC has the biggest share on the mic component market, and has most profit in Apple's supply chain.

Even CATL just overtake Telsa as biggest automobile battery manufacturer and component provider...

...


Chinese supply chains on Apple and smart phone industry are rapid upgrading for last 5 years.
We can see very French made stuff is going to be kicked out very soon. French brand in mobile phone industry never play any big role, even the Alcatel as an third level brand owned by a third level Chinese company named TCL.

 

[Armand2REP]

HiSilicon is owned by Huawei...

Did I say it wasn't?

Some Gyroscopes are made by ST, and ST is a company joint venture by Italy and France, not French.

It is, but the MEMS gyros, accelerometers are designed in Grenoble and made in Roussett which last time I checked are in France. With over 50% market share and supplier for the flagship segment of the market it is fine for me to say they are French. They are already in the high end Chinese phones.

Lens Technology is investing and competing the Corning glasses now, and Corning is facing some other Chinese companies.

I am well aware of the quality of Chinese smartphone glass. I will stick with the Corning.

O-Film and replacing the Sony cameras on all ranges of mobile phones, and Huawei is using Leica for its hi-end P10, P20; DJI just bought Hasselblad's most share.

You know that Leica is just a branding? They are Sony CMOS.

https://www.androidheadlines.com/2016/04/huawei-p9-p9-plus-feature-sonys-12mp-imx286-sensors.html
https://www.theverge.com/2016/4/26/11507260/leica-phone-huawei-p9-no

AAC has the biggest share on the mic component market, and has most profit in Apple's supply chain.

Actually Knowles has leading marketshare in MEMS microphones, AAC is just one of three iPhone suppliers, Knowles being the largest.

Even CATL just overtake Telsa as biggest automobile battery manufacturer and component provider...

That is great news, I guess it comes at the expense of other Chinese battery companies.

https://www.reuters.com/article/chi...o-slashes-output-amid-debt-woes-idUSL3N1SI2ZI

Chinese supply chains on Apple and smart phone industry are rapid upgrading for last 5 years.
We can see very French made stuff is going to be kicked out very soon. French brand in mobile phone industry never play any big role, even the Alcatel as an third level brand owned by a third level Chinese company named TCL.

France formed its niche at the high end of the supply chain and is holding on to it. China certainly grew big into the industry off of foreign suppliers but once they switch to all Chinese parts the phones are not worth the parts in them. The biggest challenge for China is creating brands, instead of buying Alcatel and slapping it on your phones you need to stop leaching off of foreign brands and create your own.

 

[rockdog]

France formed its niche at the high end of the supply chain and is holding on to it. China certainly grew big into the industry off of foreign suppliers but once they switch to all Chinese parts the phones are not worth the parts in them. The biggest challenge for China is creating brands, instead of buying Alcatel and slapping it on your phones you need to stop leaching off of foreign brands and create your own.

Do not mix the two different things:

Components:
French components is far behind Japan and S.Korea and Taiwan in so-called "high end of the supply chain", it's even became less competitive than some China counterpart. Even in EU/Europe, the Germany, Sweden, Holland, Switzerland has better reputation in IT hardware.

Brands:
Can any mobile French brand survived in EU? And what's the market share?

I was the sub-contractor of an Alcatel mobile project, the only reason Alcatel brand still exist for TCL is they are selling this brand in developing French speaking nations, since the Alcatel influence and sales channels still there. Except that, it's almost nowhere in developed market. The situation is quite like French cars, almost kicked out from world's top2 market: China/USA.

Do you know which two brands are holding the 40% share in Africa?
Tecno & Itel, there are owned by the same group from Shenzhen China... French brands can't even hold so called French speaking backyard...

 

[Armand2REP]

Huawei Is Under U.S. Criminal Investigation For Illegal Iran Sales: Will it fall like ZTE?

On Wednesday, the Wall Street Journal reported that the Justice Department is investigating whether Huawei violated U.S. export sanctions related to Iran.

After the Trump Administration imposed a ban on the sale of American technologies to ZTE last week for similar export violations, this latest development feels like deja vu all over again and could cast a serious shadow over the business of the $92.5 billion Chinese company.

Earlier Wednesday, Bloomberg also reported that Huawei had dropped a planned dollar-denominated bond sale and delayed pricing of a European offering.

This is not the first time that Huawei comes under scrutiny from the U.S Government for possible export and sanctions violations.

Two years ago, the U.S. Commerce Department's Bureau of Industry and Security (BIS) issued a subpoena for information regarding Huawei's direct and indirect exports and re-exports of U.S. technology over the last 5 years to countries designated as supporters of international terrorism, or subject to U.S. trade sanctions and economic embargoes, including Cuba, Iran, North Korea, Sudan, and Syria.

Several months later, as reported by the New York Times, the Treasury Department’s Office of Foreign Assets Control (OFAC), which oversees compliance of a number of American sanctions programs, also sent a subpoena to Huawei to describe the "technology and services provided to Cuba, Iran, Sudan and Syria over the past five years. It also called for the identity of individuals who played a part in those transactions."

The Chinese company has over 180,000 employees globally.

https://www.forbes.com/sites/jeanba...for-illegal-iran-sales-analysis/#514e77da420e

 

[mattster]

Huawei Is Under U.S. Criminal Investigation For Illegal Iran Sales: Will it fall like ZTE?

On Wednesday, the Wall Street Journal reported that the Justice Department is investigating whether Huawei violated U.S. export sanctions related to Iran.

After the Trump Administration imposed a ban on the sale of American technologies to ZTE last week for similar export violations, this latest development feels like deja vu all over again and could cast a serious shadow over the business of the $92.5 billion Chinese company.

Earlier Wednesday, Bloomberg also reported that Huawei had dropped a planned dollar-denominated bond sale and delayed pricing of a European offering.

This is not the first time that Huawei comes under scrutiny from the U.S Government for possible export and sanctions violations.

Two years ago, the U.S. Commerce Department's Bureau of Industry and Security (BIS) issued a subpoena for information regarding Huawei's direct and indirect exports and re-exports of U.S. technology over the last 5 years to countries designated as supporters of international terrorism, or subject to U.S. trade sanctions and economic embargoes, including Cuba, Iran, North Korea, Sudan, and Syria.

Several months later, as reported by the New York Times, the Treasury Department’s Office of Foreign Assets Control (OFAC), which oversees compliance of a number of American sanctions programs, also sent a subpoena to Huawei to describe the "technology and services provided to Cuba, Iran, Sudan and Syria over the past five years. It also called for the identity of individuals who played a part in those transactions."

The Chinese company has over 180,000 employees globally.

https://www.forbes.com/sites/jeanba...for-illegal-iran-sales-analysis/#514e77da420e

Off Course Huawei cheated sanctions. Huawei like any Chinese company will do anything they can to cheat, copy or steal. When Huawei was just getting started in the networking business....they copied everything that Cisco did. They even copied the user interface software and even the product manuals and the mistakes in the manual.

 

[rockdog]

Huawei Is Under U.S. Criminal Investigation For Illegal Iran Sales: Will it fall like ZTE?

The Qualcomm stock falls 30% after ZTE case and Chinese government blocked its one M&A activities.
I think some deal been made between two nations.

 

[rockdog]

In About-Face on Trade, Trump Vows to Protect ZTE Jobs in China

https://www.nytimes.com/2018/05/13/...bs-at-chinas-zte-lost-after-us-sanctions.html

And after weeks of economic threats, American and Chinese officials have been making the 14-hour flights back and forth in an attempt to negotiate their way out of a looming trade war. Liu He, a top economic adviser to Mr. Xi, is expected to visit Washington this week to see if the two sides can make progress.

... ...

 

[Armand2REP]

The Qualcomm stock falls 30% after ZTE case and Chinese government blocked its one M&A activities.
I think some deal been made between two nations.

What are you talking about? QC stock is where it was before the ban. ZTE is the one whose stock is suspended.