China Economy: News & Discussion

[mist_consecutive]

 

[Physx32]

recalled me the meme about India Superpower 2020

FYI, that image you pulled out (where people are travelling on top of trains) is from Bangladesh, not India.

You can't travel on top here due to OHE. You'll die in a second if you do that.

These things only happen in Bangladesh and your pet dog country, Pakistan.

Another question, i also ordered an installation service for TV on the wall from jd.com, exclude the metal hanger, the pricing was $30, spent 1 hour. The worker told me he would got 6 to 8 tasks per day.

View attachment 228572

May i know the counterpart from India? If u order from platform?

A good way to compare and understand the labor cost on social level.

For TVs, installation is free, atleast from Sony, Samsung and LG (the brands I own).

Chinese brands might charge for installation as they're cheap and always bought online.

Only for air-conditioners, there's a substantial installation fee (along with consumables and copper pipes).

 

[Physx32]

China's fundamental Economic Problem

 

[Physx32]

China's First Deficit In Foreign Investment Signals West's 'De-Risking' Pressure

China's first deficit in foreign investment signals West's 'de-risking' pressure

China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring capital outflow pressure and Beijing's challenge in wooing overseas companies in the wake of a "de-risking move by Western governments.

www.reuters.com

West has already started squeezing Winnie Da Pooh's balls. Let's see how long it takes for him to bow to the west.

 

[SexyChineseLady]

Interesting, I just bought a Mi 75 inch LED TV, the double 11 promotion was $350.

View attachment 228565



View attachment 228564



I also searched the Mi India online store and flipkart Diwali,

Mi store 65 inch is $760.

View attachment 228561



TCL 75 inch is $850.


View attachment 228562


I think India couldn't product such size of LED screen, so the import tax would be 20% to India?

So for such kind of "simple" product, even India assembly cost is 30% of China, and most parts imported from China with 20% duty, the pricing is still at least 2 twice high ...
@Azaad @ym888 any analysis？

China had the lowest inflation of any country and this has been the case for about two decades. The reason is economy of scale for practically every consumer product.

This especially the case when it comes to electronics. No one comes close to China eco-system and its scale.

 

[SexyChineseLady]

BYD at Japan premiere Car Show!

 

[SexyChineseLady]

EVs are greatest industrial growth story of the coming decades. China is dominant in it

 

[ym888]

How Huawei plans to rival Nvidia in the AI chip business

U.S. curbs on the sales of advanced artificial chips by Nvidia to China are creating an opening for Huawei to win market share, with sources saying it won a sizeable AI chip order from Chinese tech giant Baidu this year.

www.reuters.com

 

[ym888]

Moderna begins construction of first pharma plant in China
(Xinhua) 13:22, November 07, 2023
SHANGHAI, Nov. 7 (Xinhua) - American biotech company Moderna on Monday commenced construction on its first pharmaceutical plant in China, with an estimated investment of 3.6 billion yuan (about 501 million U.S. dollars).

The Moderna China R&D and production headquarters project, located in Shanghai's Minhang District, covers about 18 hectares in the Shanghai Xinzhuang Industry Park, according to the park's authorities.

This move follows a tripartite strategic cooperation agreement signed on July 5 between the Shanghai Municipal Commission of Economy and Informatization, the Minhang district government, and Moderna. The collaboration aims to bolster investment, research, development, and commercialization in biopharmaceuticals.

As one of the world's leading mRNA vaccine developers, Moderna focuses on cancer immunotherapy, including mRNA-based medicine R&D and virus prevention technologies.

 

[Physx32]

How Huawei plans to rival Nvidia in the AI chip business

U.S. curbs on the sales of advanced artificial chips by Nvidia to China are creating an opening for Huawei to win market share, with sources saying it won a sizeable AI chip order from Chinese tech giant Baidu this year.

www.reuters.com

These are still made using matured ASML steppers. In two years, Nvidia will be using bleeding edge process while Chinese companies will be stuck with mature processes. China is essentially becoming a Soviet Union.

As one of the world's leading mRNA vaccine developers, Moderna focuses on cancer immunotherapy, including mRNA-based medicine R&D and virus prevention technologies.

I thought that CCP vaccine was the best vaccine for China virus lol. Are you sure that western vaccines are good?

 

[Azaad]

As one of the world's leading mRNA vaccine developers, Moderna focuses on cancer immunotherapy, including mRNA-based medicine R&D and virus prevention technologies.

Time to activate the Xu Yanjuns of MSS once more & for Mao's sake pls ensure your spies don't use Apple iPhone to record all their details & don't go to Europe to meet their contacts.


We're completely behind Zhongguo on this one . Steal copy as much as you can from the gwailou.

 

[Physx32]

ensure your spies don't use Apple iPhone to record all their details

Even CCP recognised company, Huawei hasn't managed to create a mobile OS from scratch. They still use Google AOSP with Play services disabled and an obnoxious skin.

I guess CCP spies have to keep using Apple and Google software in the foreseeable future.

 

[JaguarWarrior]

Even CCP recognised company, Huawei hasn't managed to create a mobile OS from scratch. They still use Google AOSP with Play services disabled and an obnoxious skin.

I guess CCP spies have to keep using Apple and Google software in the foreseeable future.

It kinda gives China leverage. If the US sanction China for backing Russia then China will ban Apple and the US can't afford that so the US turns a blind eye.

 

[Azaad]

It kinda gives China leverage. If the US sanction China for backing Russia then China will ban Apple and the US can't afford that so the US turns a blind eye.

Huawei is already rapidly replacing Apple . To add to it the CCP has banned all its members & government employees from using Apple. Then there's CCP cracking down on all of Apple's contract manufacturers like Foxconn .

The writings on the wall for Apple & they're aware of what's about to unfold. That's the reason why they're shifting out of China in to markets like India lock stock & barrel.

 

[JaguarWarrior]

Huawei is already rapidly replacing Apple . To add to it the CCP has banned all its members & government employees from using Apple. Then there's CCP cracking down on all of Apple's contract manufacturers like Foxconn .

The writings on the wall for Apple & they're aware of what's about to unfold. That's the reason why they're shifting out of China in to markets like India lock stock & barrel.

As long as Apple and Boeing are alive in China, despite how small their market share, China has leverage.

 

[Physx32]

It kinda gives China leverage. If the US sanction China for backing Russia then China will ban Apple and the US can't afford that so the US turns a blind eye.

No, CCP won't do that. They know that China won't survive without exports to the west (you're the factory of the world, right?). What will you do with your excess capacity? Build phones and laptops for Pakistan?

When you sell cheap commodities (that everyone can easily make), you don't hold any leverage over the customer. Instead, it's the opposite. The only USP, China has got is "low cost". And that can be replaced by other countries.

That's why Netherlands hold more leverage in semiconductors than the mighty CCP. Screwing laptops, phones and making cheap LCDs in millions don't give you leverage.

And then if US retaliates with a sanction like ban of computer chips (Intel/AMD) or airliner turbofans, it will bring Mr. Pooh to his knees.

 

[JaguarWarrior]

No, CCP won't do that. They know that China won't survive without exports to the west (you're the factory of the world, right?). What will you do with your excess capacity? Build phones and laptops for Pakistan?

When you sell cheap commodities (that everyone can easily make), you don't hold any leverage over the customer. Instead, it's the opposite. The only USP, China has got is "low cost". And that can be replaced by other countries.

That's why Netherlands hold more leverage in semiconductors than the mighty CCP. Screwing laptops, phones and making cheap LCDs in millions don't give you leverage.

And then if US retaliates with a sanction like ban of computer chips (Intel/AMD) or airliner turbofans, it will bring Mr. Pooh to his knees.

China survived thousands of years before contact with the West. China does not require export to the West for survival. If Westerners do not respect Chinese, then Chinese will not make things for Westeners. They can go pollute their own air and water in the West if they do not respect Chinese.

 

[JaguarWarrior]

No, CCP won't do that. They know that China won't survive without exports to the west (you're the factory of the world, right?). What will you do with your excess capacity? Build phones and laptops for Pakistan?

When you sell cheap commodities (that everyone can easily make), you don't hold any leverage over the customer. Instead, it's the opposite. The only USP, China has got is "low cost". And that can be replaced by other countries.

That's why Netherlands hold more leverage in semiconductors than the mighty CCP. Screwing laptops, phones and making cheap LCDs in millions don't give you leverage.

And then if US retaliates with a sanction like ban of computer chips (Intel/AMD) or airliner turbofans, it will bring Mr. Pooh to his knees.

The US ain't the only country that can make chips. Chips are based on science discovered in the 1800s. If you know the science, you can make the chips. China already makes 28 nm chips after learning science.

 

[RoaringTigerHiddenDragon]

FYI, that image you pulled out (where people are travelling on top of trains) is from Bangladesh, not India.

You can't travel on top here due to OHE. You'll die in a second if you do that.

These things only happen in Bangladesh and your pet dog country, Pakistan.

For TVs, installation is free, atleast from Sony, Samsung and LG (the brands I own).

Chinese brands might charge for installation as they're cheap and always bought online.

Only for air-conditioners, there's a substantial installation fee (along with consumables and copper pipes).

I installed split air conditioners (LG) in several rooms of my home. No install charge but they did charge for electricity connection setup.

 

[RoaringTigerHiddenDragon]

FYI, that image you pulled out (where people are travelling on top of trains) is from Bangladesh, not India.

You can't travel on top here due to OHE. You'll die in a second if you do that.

These things only happen in Bangladesh and your pet dog country, Pakistan.

For TVs, installation is free, atleast from Sony, Samsung and LG (the brands I own).

Chinese brands might charge for installation as they're cheap and always bought online.

Only for air-conditioners, there's a substantial installation fee (along with consumables and copper pipes).

Yeah I don’t know why people put up these fake pictures of “Indian” trains knowing fully well that in India 90%+ of passenger trains run on 220kv-400kv AC over head electrified wires. You travel on top of Indian trains, you will be vaporized at that voltage. Maybe ccp bots are electricity shock proof. They must be enlisted to travel on top of Indian trains especially during rainy days. We can kill many birds with one stone (wire).