China Economy: News & Discussion

[Rudra72930]

Good! We will see in 4 or 5 years time whether China collapses

Margins and ROE are important to individual wealth but they certainly aren't needed to "sustain" a large economy.

Electronics and high tech margins are not very low by any means. It might be low when they are commoditized (mainly by China itself through economy of scale.)

One needs to have a tad bit understanding of economics, to clearly understood the crisis China is facing today. And I know many people here can better explain it to you.

Blind rhetoric wouldn't change the fact.

Margins & Returns on Investment is how your financial system generates capital for reinvestment into capital intensive sectors like tech. This is how you finance your heavy incentives. Do you think CCP just prints money & hand it over to your industry.

One can survive with low margins & ROI but there wouldn't be any growth prospect.

If that were case, India's economy would have collapsed. Agriculture is the biggest part of the Indian economy and agriculture has pitifully low margins.

You can sell your bullshit in some other forums. Agriculture contibutes only 16% of Indias economy, Services contibute 54% & industries 30% to India Economy.

Electronics is what propelled Japan, Korea and Taiwan into the first world. China is in middle income with a good ways to go. It also was propelled by elecronics but China has a few more things that Japan/Korea/Taiwan don't have and that is a huge commercial space, nuclear energy and aerospace industries.

The fact about Chinese products is that it has saturated the Global market & secured profitability through economy of scale.

There is no scope of further scalability. So now your competing with same ROK, Japan & US. So you have to cut your margins further to maintain the competitiveness even at premier scale.

Which will lead to the same problem I have mentioned before.

The Aerospace sector is heavily capital intensive & one need international customers to be profitable. If the US & Euprean safety regulatiors refuse to give clearance to China passage planes, a part of their vendetta. The Chinese Aerospace sector will also not see profitability. There are many examples around the world that can be cited.

@ym888 if you have a statement to make your free to do so. Just blindly sharing articles doesn't provide any point.

 

[ym888]

One needs to have a tad bit understanding of economics, to clearly understood the crisis China is facing today. And I know many people here can better explain it to you.

Blind rhetoric wouldn't change the fact.

Margins & Returns on Investment is how your financial system generates capital for reinvestment into capital intensive sectors like tech. This is how you finance your heavy incentives. Do you think CCP just prints money & hand it over to your industry.

One can survive with low margins & ROI but there would be any growth prospect.

You can sell your bullshit in some other forums. Agriculture contibutes only 16% of Indias economy, Services contibute 54% & industries 30% to India Economy.


The fact about Chinese products it that it has saturated the Global market & secured profitability through economy of scale.

There is no scope of further scalability. So now your competing with same ROK, Japan & US. So you have to cut your margins further to maintain the competitiveness even at premier scale.

Which will lead to the same problem I have mentioned before.

The Aerospace sector is heavily capital intensive & one need international customers to be profitable. If the US & Euprean safety regulatiors refuse to give clearance to China passage planes, a part of their vendetta. The Aerospace sector will also not see profitability. There are many examples around the world that can be cuted.

@ym888 if you have a statement to make your free to do so. Just blindly sharing articles doesn't provide any point.

I doubt if a foreigner really understands Chinese culture, Chinese politics, Chinese economy.

Unless he has lived in China for more than 20 years, his prediction of China is not of much value, but it can be talked about.

 

[Rudra72930]

I doubt if a foreigner really understands Chinese culture, Chinese politics, Chinese economy.

Unless he has lived in China for more than 20 years, his prediction of China is not of much value, but it can be talked about.

The basic principles of economics doesn't follow National boundaries.

I don't need to understand your culture or civilization just study your business model. And Investment driven economic model isn't unique to China.

 

[ym888]

The basic principles of economics doesn't follow National boundaries.

I don't need to understand your culture or civilization just study your business model. And Investment driven economic model isn't unique to China.

What did you predict 20 years ago



What do you predict the world will be like in 20 years

 

[NutCracker]

I doubt if a foreigner really understands Chinese culture, Chinese politics, Chinese economy.

Unless he has lived in China for more than 20 years, his prediction of China is not of much value, but it can be talked about.

CCP and its little Pink puppets have made sure that Chinese culture goes extinct. Communist ideology can not coexist with it. What left is Mao's culture. Filled with Dog eats dog mentality. Selfishness is brimming to the top.

 

[ym888]

CCP and its little Pink puppets have made sure that Chinese culture goes extinct. Communist ideology can not coexist with it. What left is Mao's culture. Filled with Dog eats dog mentality. Selfishness is brimming to the top.

Give your opinion



Name-calling is worthless

 

[SexyChineseLady]

CCP and its little Pink puppets have made sure that Chinese culture goes extinct. Communist ideology can not coexist with it. What left is Mao's culture. Filled with Dog eats dog mentality. Selfishness is brimming to the top.

Communist ideology is where everyone shares which keeps everyone equally poor.

Dog eat dog is pure capitalism. Selfishness and greed is part of this. But produces great wealth.

You are mixing ideologies

Truth is China is more capitalist than India and many other countries -- despite the CCP -- and many times wealthier as a result.

 

[Rudra72930]

Communist ideology is where everyone shares which keeps everyone equally poor.

Dog eat dog is pure capitalism. Selfishness and greed is part of this. But produces great wealth.

You are mixing ideologies

Truth is China is more capitalist than India and many other countries -- despite the CCP -- and many times wealthier as a result.

Honestly Capitalism & Commusim are big words to describe the Chinese model. Better call it the modern slavery, that drives the Chinese economy.

Holding people hostage against their own will & making them work in factories against their own will.

No wander there are protests all around.

"The Foxconn worker riot in Zhengzhou should be the largest protest since June 4th. When the two armies confronted each other with weapons, the workers had the upper hand. After all, there were a large number of workers, so the special police carried out sneak attacks to beat the workers who had been ordered. Will the government order the shooting to clear the area? It should not dare, unless Foxconn does not want Apple orders."

 

[NutCracker]

Communist ideology is where everyone shares which keeps everyone equally poor.

Dog eat dog is pure capitalism. Selfishness and greed is part of this. But produces great wealth.

You are mixing ideologies

Truth is China is more capitalist than India and many other countries -- despite the CCP -- and many times wealthier as a result.

I did not mix.

Capitalism is to grow yourself by outdoing others. CCP brought a culture that teaches to steal from others ,to pull others down so that you look big.

 

[SexyChineseLady]

I did not mix.

Capitalism is to grow yourself by outdoing others. CCP brought a culture that teaches to steal from others ,to pull others down so that you look big.

The only ones doing the pulling down are you guys. China just builds, trades and grows wealthier. It is all in the numbers.

You spend your time first saying China's stats are fake and then it steals and then it is collapsing.

But all Chinese posters need to do is show these:

As the top trade partner for practically every country in the world (including United States) and the largest real economy in the world, we can let facts speak for themselves

 

[NutCracker]

The only ones doing the pulling down are you guys. China just builds, trades and grows wealthier. It is all in the numbers.

You spend your time first saying China's stats are fake and then it steals and then it is collapsing.

But all Chinese posters need to do is show these:

View attachment 183655

View attachment 183656

As the top trade partner for practically every country in the world (including United States) and the largest real economy in the world, we can let facts speak for themselves

Cheap and China are synonyms for eternity.
Market stats will plummet soon when Industries shift outside CHina. CCP's zero covid is making sure it happens with accelerated pace.

Numbers dont tell the reality of the intellectually hollow China . another example is this.

Why 5G Patent ‘Value’ Is More Important Than The ‘Number’ Of Patents (forbes.com)

Why 5G Patent ‘Value’ Is More Important Than The ‘Number’ Of Patents

#1 ranked technology industry analyst Patrick Moorhead weighs in on the 5G patent counting versus value debate.

www.forbes.com

For example, the IEEE Spectrum created a “Patent Power Index,” which took into account growth, impact, generality and originality of communication patents. You can find the IEEE Spectrum methodology here. As you can see, the rankings are quite different from pure number counting methodologies. Qualcomm is #1 by a wide margin and Huawei plummets to #9.

 

[Rudra72930]

The only ones doing the pulling down are you guys. China just builds, trades and grows wealthier. It is all in the numbers.

You spend your time first saying China's stats are fake and then it steals and then it is collapsing.

But all Chinese posters need to do is show these:

View attachment 183655

View attachment 183656

As the top trade partner for practically every country in the world (including United States) and the largest real economy in the world, we can let facts speak for themselves

Your past wouldn't reflect your future.

Your just helping prove all my facts right.

Chinese products have saturated the global market. Now the only way to hold on to your position is to cut your margins or give way to countries like Vietnam, Mexico & India within the next decade.

The World wouldn't let a single supplier situation arise again specially after the chip shortage & the Chinese vindictive actions against Japan in case of rare earth.

Specially after the atrocities committed by the CCP against it's own workers are well exposed to the World.

There is heavy investment by US, Japan & India to diversify their supply chain outside China. Which will be complete by the end of this decade.

 

[ym888]

Foxconn workers in Zhengzhou earn an average of 6,925 yuan, or about $1,000, a month.

Funny how Indians think they are slaves

 

[NutCracker]

Foxconn workers in Zhengzhou earn an average of 6,925 yuan, or about $1,000, a month.

Funny how Indians think they are slaves

who knows whats the real pay is.

Zhao DaShuai 无条件爱国 on Twitter: "Let's set the record straight, the protest is not about pandemic control policies, though it's one of the contributing factors The main problem here, is Foxconn is accused of changing their temporary employment contracts, and not honoring their advertised pay" / Twitter


Your comrade aka another CCP Little pink is saying protest is due to financial issue.

 

[ym888]

who knows whats the real pay is.

Zhao DaShuai 无条件爱国 on Twitter: "Let's set the record straight, the protest is not about pandemic control policies, though it's one of the contributing factors The main problem here, is Foxconn is accused of changing their temporary employment contracts, and not honoring their advertised pay" / Twitter


Your comrade aka another CCP Little pink is saying protest is due to financial issue.

$1,000 a month is a statistic of the past,



Foxconn has increased incentives for orders made during the pandemic. "RMB 3,000 after 30 days of service, and RMB 3,000 after 60 days of service". Some employees recently learned that the policy changed to requiring three months of service before receiving the allowance, so there were protests.



In the latest news, Foxconn has promised to reinstate the original incentive scheme. The workers' protest had a good result.

 

[NutCracker]

$1,000 a month is a statistic of the past,



Foxconn has increased incentives for orders made during the pandemic. "RMB 3,000 after 30 days of service, and RMB 3,000 after 60 days of service". Some employees recently learned that the policy changed to requiring three months of service before receiving the allowance, so there were protests.



In the latest news, Foxconn has promised to reinstate the original incentive scheme. The workers' protest had a good result.

Quote your sources too.
dont pull out comments from where sun doesnt shine.

 

[SexyChineseLady]

Cheap and China are synonyms for eternity.
Market stats will plummet soon when Industries shift outside CHina. CCP's zero covid is making sure it happens with accelerated pace.

Numbers dont tell the reality of the intellectually hollow China . another example is this.

Why 5G Patent ‘Value’ Is More Important Than The ‘Number’ Of Patents (forbes.com)

Why 5G Patent ‘Value’ Is More Important Than The ‘Number’ Of Patents

#1 ranked technology industry analyst Patrick Moorhead weighs in on the 5G patent counting versus value debate.

www.forbes.com

View attachment 183660

See, all you do is trying to pull someone down

What you don't add is China was the one who bought most of Qualcomm's chips (not just 5G.) Now they can't because of the embargoes

 

[ym888]

Quote your sources too.
dont pull out comments from where sun doesnt shine.

Please use translation software

郑州富士康抗议对峙 鸿海强调津贴按约发放、持续与员工沟通说明

富士康河南郑州厂区23日传出发生员工抗议及警民对峙暴力事件。有抗争劳工持棍棒砸毁苹果供应商富士康厂区内的监视器，及抗议者与“大白”对峙冲突的视频出现。鸿海在当天傍晚发出三点声明，包括对于暴力行为，公司会持续跟员工以及政府做好沟通，避免类似事件再次发生等。

www.rfi.fr

郑州园区补贴政策变动？富士康：系信息输入错误

郑州园区补贴政策变动？富士康：系信息输入错误

news.sina.com.cn

 

[NutCracker]

See, all you do is trying to pull someone down to make India look better

How me asking for reality is pulling china down ??
Or
Does it mean that you accept that China is already down but fudging the data to show higher stats?

 

[SexyChineseLady]

How me asking for reality is pulling china down ??
Or
Does it mean that you accept that China is already down but fudging the data to show higher stats?

I just show stats. They are all from Western sources. You felt the urge to opinionate that they are fake in order to pull China down

But that's okay. These are the stats during a pandemic and a trade war with China