China Economy: News & Discussion

another_armchair

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True, nuclear powered container ships will lift millions of people from middle class into the super rich group in China.

Wish they completed their unfinished real estate projects with the same passion.

 
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RoaringTigerHiddenDragon

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The Ukraine war actually made Russia increased 13 million population (captured from eastern Ukraine + Crimea), and they are the highly industrilized people.

Plus other puppet republics from Gorgeia, Moldova ... It's little shocking that Russia acutally increased 10% people from 2014-2023...
Yeah right…another 10 million is not going to give Russians any considerable market size. Plus Ukraine is not part of Russia yet and the war is not over. All too premature to gloat about.
 

RoaringTigerHiddenDragon

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Asia's first cylindrical FPSO facility finishes main construction
By Zheng Xin | chinadaily.com.cn | Updated: 2023-12-06 10:28
The main construction of Asia's first cylindrical floating production, storage and offloading facility, designed and built by China, was finished on Wednesday in Qingdao, Shandong province. [Photo provided to chinadaily.com.cn]
The main construction of Asia's first cylindrical floating production, storage and offloading facility, designed and built by China, was finished on Wednesday in Qingdao, Shandong province, said its operator China National Offshore Oil Corp.
With a maximum oil storage capacity of 60,000 metric tons and a designed durability of 30 years, the offshore oil and gas processing plant Haiyang Shiyou 122 is capable of processing 5,600 tons of crude per day, said the company.
The FPSO facility, an offshore oil and gas processing project capable of crude oil production, storage and export, has become the mainstream production facility for global offshore oil and gas development.
The project is currently under the integrated commissioning stage. After completion next year, it will be applied in China’s first deepwater oilfield, the Liuhua 11-1 oilfield, another significant asset in the development of China's deepsea oil and gas resources, it said.
You cannot gain supply chain dominance with heavy engineering projects alone. Trust and global integration is required, which the CCP has destroyed. In any case China + 1 is a strategic response by the international community. And that will not change no matter how much tech China indiginized. There is no chance of democratic countries doing business with CCP controlled SOEs. The best you could hope for is local JVs with majority ownership by local companies in their respective countries, like it is happening in India and the US.
 

SexyChineseLady

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True, nuclear powered container ships will lift millions of people from middle class into the super rich group in China.

Wish they completed their unfinished real estate projects with the same passion.

Nuclear container ships (and EVs and COMAC airliners, etc.) will do their part :)

Just like Wind, Solar, HSR, etc. did their part last decade ;)

China goes into new fields and sectors in ways that no other country could:
IMG_1345.jpeg
 

Azaad

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Just 2 Chinese companies in the top 36 of the world's most valuable cos. No Build Your Deathmobile, no Evergrande ( for obvious reasons) no CNPC too .
 

MiG-29SMT

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  • Italy signed pact in 2019 expecting big boost to exports
  • Hoped-for economic gains did not materialise
  • Rome says still expects good relations with Beijing
ROME, Dec 6 (Reuters) - Italy has officially informed China that it is quitting the Belt and Road Initiative (BRI), dismissing fears the move might sour relations and damage the Italian economy, government sources said on Wednesday.

Italy in 2019 became the first and so far only major Western nation to join the trade and investment programme, ignoring warnings from the United States that it might let China take control of sensitive technologies and vital infrastructure.

 

rockdog

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Just 2 Chinese companies in the top 36 of the world's most valuable cos. No Build Your Deathmobile, no Evergrande ( for obvious reasons) no CNPC too .


Fortune 500 is more accurate than instant market cap.


Just like Huawei is a private company, it has no market cap. But if put it on open market, it also would be top10.




China's new Big 3 platforms.


Shein is going to IPO:


Shein IPO Is In the Works: What You Need to Know

----------------------------------------------------------

Temu/PDD almost has equal market value as Alibaba.


-----------------------------------------------------------

ByteDance is closing the revenue gap with Facebook owner Meta Platforms as it generates more sales from advertising and e-commerce.

 

rockdog

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You cannot gain supply chain dominance with heavy engineering projects alone. Trust and global integration is required, which the CCP has destroyed. In any case China + 1 is a strategic response by the international community. And that will not change no matter how much tech China indiginized. There is no chance of democratic countries doing business with CCP controlled SOEs. The best you could hope for is local JVs with majority ownership by local companies in their respective countries, like it is happening in India and the US.
Not really, depends on which industry.

Even Indian doesn't like, it still need to import port crane from China, the ZPMC has 70% share in the world.

IMG_20231207_091455.jpg


Screenshot_2023-12-07-09-16-25-892_com.twitter.android-edit.jpg


Screenshot_2023-12-07-09-16-13-325_com.twitter.android-edit.jpg









The title of speech from Obama, was Made in USA...
And the wind blew it...

mmexport1701911454222.jpg


mmexport1701911459425.jpg
 
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ym888

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World's deepest, largest underground lab operational in China
Source: Xinhua

2023-12-07 09:15:00
CHENGDU, Dec. 7 (Xinhua) -- A 2,400-meter-deep physics laboratory in southwest China's Sichuan Province became operational on Thursday, making it the deepest and largest underground lab in the world.
Scientists believe the laboratory provides a "clean" space for them to pursue the invisible substance known as dark matter. They said the extreme depth helps block most cosmic rays that mess with the observation.
The Deep Underground and Ultra-low Radiation Background Facility for Frontier Physics Experiments (DURF) is located beneath Jinping Mountain in Sichuan's Liangshan Yi Autonomous Prefecture.
The DURF, with a total room capacity of 330,000 cubic meters, is the second phase of China Jinping Underground Laboratory. It started construction in December 2020 and was jointly built by Tsinghua University and Yalong River Hydropower Development Company, Ltd.
The DURF will become a world-class interdisciplinary deep underground scientific research center integrating multiple disciplines including particle physics, nuclear astrophysics and life sciences, to facilitate the development of China's research in relevant frontier fields, said Yue Qian, a professor at Tsinghua University. ■
 

ym888

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China rolls out new-generation supercomputer
(Xinhua) 14:42, December 06, 2023
GUANGZHOU, Dec. 6 (Xinhua) -- A new-generation supercomputing system "Tianhe Xingyi" was unveiled on Wednesday to boast greater capabilities in multiple areas, from computing power to storage to application.

The National Supercomputing Center in Guangzhou unveiled the supercomputer in Guangzhou, capital of south China's Guangdong Province.

According to Lu Yutong, director of the center, the new computer has outperformed Tianhe-2, one of the fastest supercomputers in the world, in capacities such as CPU computing, network, storage and application.

Tianhe Xingyi's operation is expected to meet the rising computing demands in the fields of high-performance computing, artificial intelligence (AI) big model training and big data analysis, according to the center.
 

ym888

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China strives to commercialize 6G tech around 2030
(Xinhua) 09:35, December 07, 2023
BEIJING, Dec. 6 (Xinhua) -- China is working to commercialize 6G, the next-generation wireless technology after 5G, around 2030, according to an official with the country's 6G promotion group.

The 6G standards are expected to be set in 2025, said Wang Zhiqin, leader of China's 6G promotion group and deputy director of the China Academy of Information and Communications Technology, on state broadcaster China Central Television (CCTV) Wednesday.

China's Ministry of Industry and Information Technology (MIIT) announced on Tuesday that China has allocated the 6GHz spectrum for 5G and 6G systems.

The 6GHz spectrum is the only high-quality resource with large bandwidth in the mid-band, taking into account its coverage and capacity advantages, the ministry said, noting that the 6GHz range is particularly suitable for the deployment of 5G or 6G systems in the future.

In the next steps, the ministry will solidify the foundations for 6G application and facilitate inter-sector collaboration to nurture a robust 6G ecosystem, while also propelling the formulation of globally unified 6G standards, said Zhang Yunming, vice minister of MIIT.
 

rockdog

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Uh i do not understand, you do, you are so great, core nations. in what century do you live? XVIII century? today nations are not important but financial internationl capitalism does not care about ethnicity or nationality, the rulers are capitalist and international financial structures who do not care about nationalism,

View attachment 231052

Do you think soverignity has a meaning now?

View attachment 231053

do you understand international commerce has allow the USA, Mexico or Canada to impose north americn rules of origing?
what does it mean?

View attachment 231054

View attachment 231056

So what does it mean?

View attachment 231058

Italika assembles bikes with chinese made parts in Mexico thus the bike can not be exported from Mexico to USA or Canada without paying taxes, so basically is a way of protectionism against China
Protectionism against China?GM doesn't.thonk so.

Check how the USA capital harvest its peripheral nation brutally:

The GM even dosen't want to R&D according to your local market demand, it just bought/re-brand vehicles from Chinese Wuliang, and imported them into the Mexico, it made $10,000 - $15,000 per, you should notice that, those cars in China are always below $10,000, which means GM made 100%-150% profit, just uses its brand. Now several types on top ranking of Mexico like MPV, SUV, are actually imported/rebranded from China.

You think Mexico are family member of them, they treat you as family servant...


IMG_20231207_120904.jpg


IMG_20231207_120916.jpg




IMG_20231207_120950.jpg


IMG_20231207_121006.jpg


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IMG_20231207_121055.jpg


IMG_20231207_121958.jpg


IMG_20231207_122010.jpg


IMG_20231207_122020.jpg


So only this one type, GM sold 27000 in 24 months, made them earned at least $300 millions dollars, It's 100% profit! Maybe even more profitble than Mexican most famous products...
 
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MiG-29SMT

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Protectionism against China?GM doesn't.thonk so.

Check how the USA capital harvest its peripheral nation brutally:

The GM even dosen't want to R&D according to your local market demand, it just bought/re-brand vehicles from Chinese Wuliang, and imported them into the Mexico, it made $10,000 - $15,000 per, you should notice that, those cars in China are always below $10,000, which means GM made 100%-150% profit, just uses its brand. Now several types on top ranking of Mexico like MPV, SUV, are actually imported/rebranded from China.

You think Mexico are family member of them, they treat you as family servant...


View attachment 231665

View attachment 231666



View attachment 231668

View attachment 231669

View attachment 231670

View attachment 231671

View attachment 231672

View attachment 231673

View attachment 231674

View attachment 231675

So only this one type, GM sold 27000 in 24 months, made them earned at least $300 millions dollars, It's 100% profit! Maybe even more profitble than Mexican most famous products...
relax Chinese racially you are not Aryan so i Think you saying to me I am a servant when in my blood there is Italian, Spanish and Finnish blood, yes I am Mestizo but I have European blood so quit your complexes.

The term Mexican means any one born in Mexico or any one having at least one Mexican parent or naturilized Mexican, it does not refer to a race contrary to your racially charged complexes.
1701928006309.png

The Free trade agreement made by Trump has extrict rules of Origin any one importing cars or any product not made in north America has to pay tariffs, so it is not being a servant you are a hypocrite since China has similar rules, but we are not going let you steal you empire will never happen, you never will rule the world like Japan you will be beaten
 
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MiG-29SMT

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Protectionism against China?GM doesn't.thonk so.

Check how the USA capital harvest its peripheral nation brutally:

The GM even dosen't want to R&D according to your local market demand, it just bought/re-brand vehicles from Chinese Wuliang, and imported them into the Mexico, it made $10,000 - $15,000 per, you should notice that, those cars in China are always below $10,000, which means GM made 100%-150% profit, just uses its brand. Now several types on top ranking of Mexico like MPV, SUV, are actually imported/rebranded from China.

You think Mexico are family member of them, they treat you as family servant...


View attachment 231665

View attachment 231666



View attachment 231668

View attachment 231669

View attachment 231670

View attachment 231671

View attachment 231672

View attachment 231673

View attachment 231674

View attachment 231675

So only this one type, GM sold 27000 in 24 months, made them earned at least $300 millions dollars, It's 100% profit! Maybe even more profitble than Mexican most famous products...
Following the recent decision by the European Union to investigate Chinese-made electric vehicles, a Chinese official claimed that China opposes all forms of trade protectionism, urging the EU to provide a “fair, non-discriminatory and predictable market environment.”



But the claim is misleading. As with most countries, China has adopted some policies aimed at protecting or promoting its domestic industries, including targeted quotas, subsidies to certain key industries and rejection of patents in critical industries.


 

rockdog

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Following the recent decision by the European Union to investigate Chinese-made electric vehicles, a Chinese official claimed that China opposes all forms of trade protectionism, urging the EU to provide a “fair, non-discriminatory and predictable market environment.”



But the claim is misleading. As with most countries, China has adopted some policies aimed at protecting or promoting its domestic industries, including targeted quotas, subsidies to certain key industries and rejection of patents in critical industries.


The difference between EU and Mexico is, the EU has politlcal independence somehow, the dominated capitals inside the EU are their own, so they can decide/bargin how to cooperate with China.

The pathetic thing for Mexico is, those capitals are from US, just like those cars, if they want to harvest Mexico, they don't give a shit about Mexican people, they just use imported cars from China via the NAFTA to earn profit directly, same as their agricultural firms and Coca Cola did in your nation. Even a regioanl CEO of coca cola would be your president, what esle you would expect.
 

MiG-29SMT

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The difference between EU and Mexico is, the EU has politlcal independence somehow, the dominated capitals inside the EU are their own, so they can decide/bargin how to cooperate with China.

The pathetic thing for Mexico is, those capitals are from US, just like those cars, if they want to harvest Mexico, they don't give a shit about Mexican people, they just use imported cars from China via the NAFTA to earn profit directly, same as their agricultural firms and Coca Cola did in your nation. Even a regioanl CEO of coca cola would be your president, what esle you would expect.
Oh I am talking to a Person superior to me from a core nation.

Pretty much you are ignorant, all nations have industry, the difference is what level.

Mexico does have national and domestic Industries, has car industry contrary to your farses we do have a national car industry, aircraft Industry or electronic industry.

True Mexico has achieve only some degree of suceess in the Food Industry with Bimbo or La costena.
1701929383277.png

Some degree of sucess with Mabe an electrodomestc Giant that now is 49% owned by Hier when GE sold its part to the Chinese company.
1701929576542.png

Or a small presence with Dina or Zacua in the car market, but we are an independent country so much that we did this to you
1701929609658.png

China today showed its "great concern" about Mexico's decision to raise tariffs on 392 industrial products from countries with which it does not have free trade agreements, including China.


Read more IUSA or LANIX are example of the ability of any nation to build and manufacture goods

IUSA group from Mexico

1701929463867.png


Lanix from Mexico

1701929527778.png
 

MiG-29SMT

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The difference between EU and Mexico is, the EU has politlcal independence somehow, the dominated capitals inside the EU are their own, so they can decide/bargin how to cooperate with China.

The pathetic thing for Mexico is, those capitals are from US, just like those cars, if they want to harvest Mexico, they don't give a shit about Mexican people, they just use imported cars from China via the NAFTA to earn profit directly, same as their agricultural firms and Coca Cola did in your nation. Even a regioanl CEO of coca cola would be your president, what esle you would expect.
Guess what the leat engine used on C919 has part made by the German-Mexican company AT-engine basically many parts of the leap GE jet engine are made in Mexico and flown on your jet

1701929847545.png

1701929891140.png
 

MiG-29SMT

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The difference between EU and Mexico is, the EU has politlcal independence somehow, the dominated capitals inside the EU are their own, so they can decide/bargin how to cooperate with China.

The pathetic thing for Mexico is, those capitals are from US, just like those cars, if they want to harvest Mexico, they don't give a shit about Mexican people, they just use imported cars from China via the NAFTA to earn profit directly, same as their agricultural firms and Coca Cola did in your nation. Even a regioanl CEO of coca cola would be your president, what esle you would expect.
remember china means the central nation or the core nation but sorry that title is only of Jerusalem

See the Blisk of the Leap engine made in Sonora

1701930021070.png

1701930086179.png


or if you want we can offer you Chilies you can put in your noodles

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