China Economy: News & Discussion

[rockdog]

Musk's "quiet" trip to China!

But maybe Louis Vitton's CEO will get even more play!

Dr Kissinger 100th birthday feast in Chinese embassy, USA...

 

[ym888]

The best case scenario is the "make in India" still shinning inside India, and China would continuously provide intermediate products like the current trade surplus of China presents. This will be the win win situation, maybe not China wins twice any more, but still every side is happy.

India's exports will also rise

There's nothing wrong with that

 

[RoaringTigerHiddenDragon]

The best case scenario is the "make in India" still shinning inside India, and China would continuously provide intermediate products like the current trade surplus of China presents. This will be the win win situation, maybe not China wins twice any more, but still every side is happy.

Actually imports from China into India is falling. For example toy imports from China has declined 70-80%.
Also, as an example, South Korea runs a trade surplus with China. So india would directly import from S.Korea. Why would both india and S.Korea want China in between?

https://www.outlookindia.com/business/china-share-in-india-import-basket-declines-to-13-79-in-fy23-government-news-278177#

 

[rockdog]

Actually imports from China into India is falling. For example toy imports from China has declined 70-80%.
Also, as an example, South Korea runs a trade surplus with China. So india would directly import from S.Korea. Why would both india and S.Korea want China in between?

https://www.outlookindia.com/business/china-share-in-india-import-basket-declines-to-13-79-in-fy23-government-news-278177#

why only talk about toys？

for Korea，big surplus by China，ur claim is wrong:


Korea's trade with China goes from huge surpluses to big deficits

Korea's trade with China goes from huge surpluses to big deficits

Korea’s largest trade deficit was with China in the first two months of the year, according to Korea International Trade Association (KITA), transforming the country from an engine of growth to a drag on GDP.

koreajoongangdaily.joins.com

 

[SexyChineseLady]

why only talk about toys？

for Korea，big surplus by China，ur claim is wrong:


Korea's trade with China goes from huge surpluses to big deficits

Korea's trade with China goes from huge surpluses to big deficits

Korea’s largest trade deficit was with China in the first two months of the year, according to Korea International Trade Association (KITA), transforming the country from an engine of growth to a drag on GDP.

koreajoongangdaily.joins.com

Seriously, Indian posters here just make up stuff on China.

Toys?

https://oec.world/en/profile/country/chn#

The top Chinese exports are technology and had been for a decade.

Now we can add cars and its subcategory of EVs when the 2023 list comes out.

 

[rockdog]

Seriously, Indian posters here just make up stuff on China.

Toys?

https://oec.world/en/profile/country/chn#

View attachment 208536

The top Chinese exports are technology and had been for a decade.

Now we can add cars and its subcategory of EVs when the 2023 list comes out.

Here comes the list u r searching, I only see 4 types of EV are not China related, even Tesla had 50% production in China.

Plus, Denza D9, Li Auto L7, L8, L9 are all USD60,000+, way more expensive than Tesla Y and 3.

 

[SexyChineseLady]

Here comes the list u r searching, I only see 4 types of EV are not China related, even Tesla had 50% production in China.

Plus, Denza D9, Li Auto L7, L8, L9 are all USD60,000+, way more expensive than Tesla Y and 3.


View attachment 208538

View attachment 208539

Seriously, China builds new industries and new economic drivers.

Aircraft and aircraft engines next!

 

[SexyChineseLady]

This Shanghai factory is now builds half of Tesla's cars (more than Tesla's other five factories in US and Germany combined!) and is the origins of most of Tesla exports to Europe.

And it was built during a US trade war with China!

 

[SexyChineseLady]

"Cars produced here are not just the most efficient but of the highest quality"

 

[SexyChineseLady]

This is what a new eco-system looks like! Over 200 firms supplying materials, electronics and avionics. One thousand (and counting) orders of the C919 will create a massive supply chain that will kickstart China civil aviation industry!

Lubair, AVIC, Other Chinese Aviation Industry Players to Ride on Wings of C919’s Success

www.yicaiglobal.com

 

[Azaad]

This Shanghai factory is now builds half of Tesla's cars (more than Tesla's other five factories in US and Germany combined!) and is the origins of most of Tesla exports to Europe.

And it was built during a US trade war with China!
View attachment 208541
View attachment 208542

Everytime Tesla & other western companies expand in China particularly in the EV space but not exclusively limited to it , believe me when I say this , Indian members are more thrilled than any Chinese member here or a Chinese citizen or even a citizen of any of the western democracies.

Why ,You ask ? Excellent question . For China seems to be moving with breakneck speed in replacing all it's ICE automobiles with EV where naturally all such requirements may not be met by domestic brands irrespective of however high their output may be , such that by 2030 I expect the entire 2 wheeler segment to be completely EV & approximately 75% + of the passenger & commercial vehicle segment to be EV in China, whereas average figures for such EV replacing ICE in the rest of the world wouldn't exceed 25-30% in the most environmental friendly & wealthy western nation.

This is more a testament to the alacrity & vision of the CCP which moved extremely fast to corner & later dominate all such avenues in the market . So why are Indians like me happy you ask ? Well it's like this , the more the penetration of EV & replacements of ICE based automobiles the less the dependence on oil , the more the "Malacca Dilemma" solves itself in the CCP mind which in turn leaves it free to prosecute its campaign in Taiwan. Now this is an itch the CCP will find too hard to resist .

Moreover this monopoly in the EV segment will not only affect the sales of western ICE automobiles in China but also across the world in which traditional automobile makers like Germany & Japan would be badly affected. Moreover the headstart China enjoys in the EV sector across all segments from mining to refining to battery chemistry to mass production of battery packs to recycling & other ancillaries associated with the EV will see the western EV manufacturers greatly disadvantaged which raises the prospects of a trade war & a massive one at that which once begun will spread over & disrupt all sectors of the economy.

It's a classic case of becoming a victim of one's own success much like the Jews across time in Europe. I needn't add how it ended for them in Europe. You see white man no like any kike or gook or coolie go one up on him .

What goes up comes down , but what goes up fast comes down twice as fast .
Newton's 4th law of motion .

A kingdom long divided must unite & a kingdom long united must divide.
Romance of the 3 Kingdoms.

 

[Azaad]

Seriously, Indian posters here just make up stuff on China.

Toys?

https://oec.world/en/profile/country/chn#

View attachment 208536

The top Chinese exports are technology and had been for a decade.

Now we can add cars and its subcategory of EVs when the 2023 list comes out.

Most of your exports consists of assembling where the vital sub systems are imported , assembled in China & exported back but who's going to explain all that to you . Moreover why let facts come in the way of a good narrative.

 

[ym888]

Everytime Tesla & other western companies expand in China particularly in the EV space but not exclusively limited to it , believe me when I say this , Indian members are more thrilled than any Chinese member here or a Chinese citizen or even a citizen of any of the western democracies.

Why ,You ask ? Excellent question . For China seems to be moving with breakneck speed in replacing all it's ICE automobiles with EV where naturally all such requirements may not be met by domestic brands irrespective of however high their output may be , such that by 2030 I expect the entire 2 wheeler segment to be completely EV & approximately 75% + of the passenger & commercial vehicle segment to be EV in China, whereas average figures for such EV replacing ICE in the rest of the world wouldn't exceed 25-30% in the most environmental friendly & wealthy western nation.

This is more a testament to the alacrity & vision of the CCP which moved extremely fast to corner & later dominate all such avenues in the market . So why are Indians like me happy you ask ? Well it's like this , the more the penetration of EV & replacements of ICE based automobiles the less the dependence on oil , the more the "Malacca Dilemma" solves itself in the CCP mind which in turn leaves it free to prosecute its campaign in Taiwan. Now this is an itch the CCP will find too hard to resist .

Moreover this monopoly in the EV segment will not only affect the sales of western ICE automobiles in China but also across the world in which traditional automobile makers like Germany & Japan would be badly affected. Moreover the headstart China enjoys in the EV sector across all segments from mining to refining to battery chemistry to mass production of battery packs to recycling & other ancillaries associated with the EV will see the western EV manufacturers greatly disadvantaged which raises the prospects of a trade war & a massive one at that which once begun will spread over & disrupt all sectors of the economy.

It's a classic case of becoming a victim of one's own success much like the Jews across time in Europe. I needn't add how it ended for them in Europe. You see white man no like any kike or gook or coolie go one up on him .

What goes up comes down , but what goes up fast comes down twice as fast .
Newton's 4th law of motion .

A kingdom long divided must unite & a kingdom long united must divide.
Romance of the 3 Kingdoms.

You also know some stories of The Three Kingdoms.



But your reasoning about the EV industry is not rigorous.



I don't think one country will monopolize the EV industry.



In fact, most of the chips needed for EV now come from the United States, with a share of batteries in China, South Korea and Japan.



The auto industry has historically been heavily protected by domestic policies.



The share of global EV will be divided among America, Europe, China, Japan and South Korea.



China missed out on the internal-combustion car era and is lucky to be ahead in the EV era.

 

[ym888]

India's April finished steel imports from China hit five-year high
SECTIONS
India's April finished stee ..

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

 

[Azaad]

You also know some stories of The Three Kingdoms.



But your reasoning about the EV industry is not rigorous.



I don't think one country will monopolize the EV industry.



In fact, most of the chips needed for EV now come from the United States, with a share of batteries in China, South Korea and Japan.



The auto industry has historically been heavily protected by domestic policies.



The share of global EV will be divided among America, Europe, China, Japan and South Korea.



China missed out on the internal-combustion car era and is lucky to be ahead in the EV era.

Immaterial.

Admittedly , no. But where did I claim I'm an expert? Are you an expert perchance?

Obviously not. The other countries would never permit it.

The chipsets required for automobiles are not the kind China's been barred access to . If push comes to shove China has the capacities to design & fab the entire process in house. In fact after they've been cut off from the global supply chains that's the first thing China'd be doing. So replacement plans for all gwailou chipsets including the Japanese, RoK & Taiwan must long be underway.

True of all countries. What's new in it?

Nope . That's where you've either not understood the game or you're pretending not to understand it . The US's & by extension the West's gameplan is to always have China as an assembly workshop of the West not as an innovator of technology especially disruptive tech like EV & build up capacities rapidly. Their primary task would be to cut you down to size like they did in the advanced SMC nodes.

Well, let's see how far your luck lasts you .

 

[ym888]

Immaterial.

Admittedly , no. But where did I claim I'm an expert? Are you an expert perchance?

Obviously not. The other countries would never permit it.

The chipsets required for automobiles are not the kind China's been barred access to . If push comes to shove China has the capacities to design & fab the entire process in house. In fact after they've been cut off from the global supply chains that's the first thing China'd be doing. So replacement plans for all gwailou chipsets including the Japanese, RoK & Taiwan must long be underway.

True of all countries. What's new in it?

Nope . That's where you've either not understood the game or you're pretending not to understand it . The US's & by extension the West's gameplan is to always have China as an assembly workshop of the West not as an innovator of technology especially disruptive tech like EV & build up capacities rapidly. Their primary task would be to cut you down to size like they did in the advanced SMC nodes.

Well, let's see how far your luck lasts you .

“the West's gameplan is to always have China as an assembly workshop of the West ”

Why China and not other countries?

 

[Azaad]

“the West's gameplan is to always have China as an assembly workshop of the West ”

Why China and not other countries?

First movers advantage, fast decision making, quick permissions, single window clearance etc all courtesy an autocratic regime plus access to a big market.

Other countries have joined in. What do you think the China + plan is all about!

 

[ym888]

First movers advantage, fast decision making, quick permissions, single window clearance etc all courtesy an autocratic regime plus access to a big market.

Other countries have joined in. What do you think the China + plan is all about!

Chinese EV manufacturers have already invested in many foreign countries

 

[Azaad]

Chinese EV manufacturers have already invested in many foreign countries

And won't these investments destroy these country's ICE based automotive industry besides either strangling the nascent EV industry there or making them utterly dependent on Chinese supply chains? And you're expecting the West to quietly accept this fait accompli?

 

[ym888]

And won't these investments destroy these country's ICE based automotive industry besides either strangling the nascent EV industry there or making them utterly dependent on Chinese supply chains? And you're expecting the West to quietly accept this fait accompli?

No country has a monopoly on the car industry,



Evs are easier to make and are known in China as "smartphones on wheels"



Even if China has an edge in batteries, it is not irreplaceable