China Economy: News & Discussion

SexyChineseLady

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For all the lockdowns, impact on manufacturing is far less than Westerners hope as China continue to gain market share across the board but especially in the high end sectors like autos. China has never exported so many cars before.

 

SexyChineseLady

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Combined with growth in domestic demand, the auto industry is becoming another of China's industrial engines like it was to Japan and South Korea.

 

SexyChineseLady

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This will be the next industry after autos.

China is world's biggest market for silicon chips. It had always simply bought them off the global market before -- starving domestic firms of sales. But the US bans mean that China has to turn to domestic firms and they are now getting the orders and funds to advance into leading edge processes that used to be controlled by Taiwanese and Korean fabricators.
 

SexyChineseLady

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This is sad, untill China reaches USD$25,000 per capital, as the world standard, China should be still called as developing nation.
Even when China entered the WTO in 2001, it had conditions placed on it that was far harsher than any other developing country. Developed cuntries could place tariffs on China that they can't on other developing countries and China needed to allow in foreign firms in certain industries like autos that even developed nations in the WTO like Japan and Korea could block to protect their own industries.

In the end, those conditions actually helped China's companies compete.

Saying China should not be treated as a "developing" now weird since China was never treated as a "developing" by the West. No other developing country had ever been subjected to the same tariffs and bans (especially on technology like semi-conductors, satellites, etc.) So it is kind of meaningless.
 

Indx TechStyle

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Even when China entered the WTO in 2001, it had conditions placed on it that was far harsher than any other developing country.
China's internal policies for foreign firms were far harsher for any country to treat China nicely. They are harsh till date.
Saying China should not be treated as a "developing" now weird since China was never treated as a "developing" by the West.
No, west has actively aided and assisted China since 70s to 90s to stand against Soviet Union by all financial and technological means.

Also indirectly, west imposed Plaz Accords weakening Japan and India bankrupted by decades long sanctions and isolations. This ensured China doesn't have any strong arch enemy in neighborhood.
No other developing country had ever been subjected to the same tariffs and bans
India, Iran, Myanmar, North Korea, east European states and many African military regimes have faced war level sanctions that China neither faced nor ever will. West in fact sponsored economic build up of China as China was their ambiguous ally in those days.
(especially on technology like semi-conductors, satellites, etc.) So it is kind of meaningless.
Don't know what you're saying. Chinese aerospace, spacecraft technology, improved nuclear technology, advancement of space program, semiconductors (ARM) were a result of direct assistance and cooperation between west and China. Most of Chinese aircrafts, rockets, automotives and even certain nuclear weapons still have same designs and mechanisms as China got them from US, UK and France..
So what you're saying is factless.
 

Hari Sud

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Is China an Adversary or Enemy of the West?

It is not highly unexpected that China continues to suckle the US’s breast to stay strong and healthy but confront it wherever it can. Take, for example, China's diplomatic and political support for Russia in the Ukrainian war. It has now gone from being quasi-neutral to supporting Russia. The other example is that China came close to unleashing a war of its own during the Nancy Pelosi visit to Taiwan. It withdrew from its actions only when the US prepared to face the semi-trained Chinese military and then the Chinese withdrew.

Would that make China an enemy...? No, not yet. China exports a trillion dollars to the U.S. and Europe. They cannot afford to jeopardize that. As a result, the Chinese are certainly not enemies, but certainly become an adversary.

As an adversary, they cleverly wink at Russia to continue the war, but also shake hands with the West and continue to do business. They have shifted the Taiwan issue to the back burner. They will wait until aggressive Pelosi exits politics in the US.
 

rockdog

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China's internal policies for foreign firms were far harsher for any country to treat China nicely. They are harsh till date.

No, west has actively aided and assisted China since 70s to 90s to stand against Soviet Union by all financial and technological means.

Also indirectly, west imposed Plaz Accords weakening Japan and India bankrupted by decades long sanctions and isolations. This ensured China doesn't have any strong arch enemy in neighborhood.

India, Iran, Myanmar, North Korea, east European states and many African military regimes have faced war level sanctions that China neither faced nor ever will. West in fact sponsored economic build up of China as China was their ambiguous ally in those days.

Don't know what you're saying. Chinese aerospace, spacecraft technology, improved nuclear technology, advancement of space program, semiconductors (ARM) were a result of direct assistance and cooperation between west and China. Most of Chinese aircrafts, rockets, automotives and even certain nuclear weapons still have same designs and mechanisms as China got them from US, UK and France..
So what you're saying is factless.
Your claims are self contradictory!

One side you claimed China is harsh to forgein firms, one side you claimed China gained from them on tech and financials. By your logic, why are westerners so b**ch to China? Don't forget how they bullied other developing nations includes India, we all "colored people" from their universe.

The fact is, China for decades was the 1st investment destination for foreign firms. Those foreign firms one side were exporting their products made from China, another side were making good profit selling in Chnese domestic markets.

Even in 2022, the EU is still increasing the investment in China on manufacturers sector. The Germany are moving Automobile, Chemical, Machinary, Electric equipment capabilities to China due to high cost in EU because of the war.

China's attractiveness to foreign enterprises has strengthened over the past decade as a result of wider market opening and an improving business environment, and it will continue to serve as the land of opportunity in a world beset by uncertainty and volatility.

German chemical giant BASF recently put into operation the first batch of plants of its Verbund site in Zhanjiang, South China's Guangdong Province. The site, with a total investment of 10 billion euros ($10 billion), will be the largest single investment by a German enterprise in China.

Leading global pharmaceutical company AstraZeneca announced plans to set up the regional headquarters of AstraZeneca China in Qingdao, East China's Shandong Province.

Vigorous efforts by multinationals this year to expand their presence in China's markets further indicate that the country remains a preferred investment destination. After reaching a record high in 2021, foreign direct investment into the Chinese mainland, in actual use, went up 20.2 percent year-on-year to $138.41 billion in the first eight months.
Then if you check how India government treat Ford, Carrefour, Amazon, POSCO, Vodafon, Tiktok, Xiaomi, Vivo ...; You will know which is more friendly to forgein firms between India and China, the trade data and manufacutre GDP speak a lot! BTW, the POSCO and Vodafon cases were popular joke about India in our cyber.

I personally communicate with my India partner every week, sometimes i can feell this kind of mindset with some reasons.

All due respect, i have to say after 200 yrs of colony history, Indian is quite cautious even suspicious on any forgein firms to earn profit in India. It's kind of PTSD, but it's really bad for India become a good manufacture and investment destination. I hope India would out it out from such kind mindset, find his own path to become more developed.
 

rockdog

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China's internal policies for foreign firms were far harsher for any country to treat China nicely. They are harsh till date.

No, west has actively aided and assisted China since 70s to 90s to stand against Soviet Union by all financial and technological means.

Also indirectly, west imposed Plaz Accords weakening Japan and India bankrupted by decades long sanctions and isolations. This ensured China doesn't have any strong arch enemy in neighborhood.

India, Iran, Myanmar, North Korea, east European states and many African military regimes have faced war level sanctions that China neither faced nor ever will. West in fact sponsored economic build up of China as China was their ambiguous ally in those days.

Don't know what you're saying. Chinese aerospace, spacecraft technology, improved nuclear technology, advancement of space program, semiconductors (ARM) were a result of direct assistance and cooperation between west and China. Most of Chinese aircrafts, rockets, automotives and even certain nuclear weapons still have same designs and mechanisms as China got them from US, UK and France..
So what you're saying is factless
If you want something good from others,act good.

This is caes even in 2009:


Can your government reach this level now?


Another case,Tesla decided go China in 2018,16 month later it started to make cars. Now Shanghai factory make almost 40% car of whole company and 90% supply chains from China. It contributes 20 billion USD GDP to Shanghai government. (20 Billion USD dude, it's 0.5% of your entire GDP, it's created within 3 yrs from zero!)

Can your government reach this level?
 
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NutCracker

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Your claims are self contradictory!

One side you claimed China is harsh to forgein firms, one side you claimed China gained from them on tech and financials. By your logic, why are westerners so b**ch to China? Don't forget how they bullied other developing nations includes India, we all "colored people" from their universe.
it was their benevolence ..

Did you forget how Google was banned in China , but CCP controlled Huawei was still allowed to leech on the Google services and expand its market in US and EU ?? only till few years back Google banned Huawei from using its GMS services.

dont bring this pathetic "we same to same , we coloured" victim card , your majority population is filled with Haan supremacists.
 

Dark Sorrow

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Did you forget how Google was banned in China , but CCP controlled Huawei was still allowed to leech on the Google services and expand its market in US and EU ?? only till few years back Google banned Huawei from using its GMS services.
Not to forget how IP and patents infringement is an issue when it comes to dealing with PRC.
 

rockdog

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it was their benevolence ..

Did you forget how Google was banned in China , but CCP controlled Huawei was still allowed to leech on the Google services and expand its market in US and EU ?? only till few years back Google banned Huawei from using its GMS services.

dont bring this pathetic "we same to same , we coloured" victim card , your majority population is filled with Haan supremacists.
Google is banned because government asked they must store Chinese users data inside China, Google refused. Apple follow the rule then China is Apple's biggest market.

Are all Indian users' data on Google & Apple stored in USA right? Are you happy with that?

Do you know how huge market share for IBM, EMC, ORACLE, CISCO, NOKIA, ERICCSION in China?
 

NutCracker

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Google is banned because government asked they must store Chinese users data inside China, Google refused. Apple follow the rule then China is Apple's biggest market.

Are all Indian users' data on Google & Apple stored in USA right? Are you happy with that?

Do you know how huge market share for IBM, EMC, ORACLE, CISCO, NOKIA, ERICCSION in China?
Same can be said about Tiktok , dont be hypocrite little pink.

And about XIaomi and VIVO read some reports outside your Wumaobo search results.


"The amount remitted to two other US-based unrelated entities were also for the ultimate benefit of the Xiaomi group entities," the ED said.

It said while Xiaomi India procures completely manufactured mobile sets and other products from the manufacturers in India it has not availed any service from these three foreign-based entities to whom such amounts have been transferred.
 

NutCracker

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China is not innocent i personally agree that, but similiar case applies in India's pharm industry.
pharma is life saver necessity not luxury.. Dont compare it with Chinese military tech and semiconductor/electronics IP thefts.
 

Dark Sorrow

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pharma is life saver necessity not luxury.. Dont compare it with Chinese military tech and semiconductor/electronics IP thefts.
China is not innocent i personally agree that, but similiar case applies in India's pharm industry.
India doesn't steal IP in tech field or mechanical field or chemical field or systems or products.
Phrama is a life saving sector. PRC does the same and uses the same argument.
India doesn't infringe other IPs.
 

rockdog

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it was their benevolence ..
I hope you won't explain the "benevolence" to India's independence.


dont bring this pathetic "we same to same , we coloured" victim card , your majority population is filled with Haan supremacists.
We are never the same, i just pointed out that westerners didn't apply benevolence neither of us.
 

NutCracker

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I hope you won't explain the "benevolence" to India's independence.
Independence of both countries were achieved after hard fought battle , after that China was being pampered to act as counter weight in future against RUssia despite being ruled by expansionist filth called CCP and its misadventures in tech theft.
 

SexyChineseLady

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China is the largest external market for most Fortune 500 firms --whether it is cars, semiconductors, fried chicken or video games. If China treated them badly, this would never happen.

There isn't much else to say beyond the bottom line.
 

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