China Economy: News & Discussion

skywatcher

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And then you claim you aren't schizophrenic?! Haven't we advised you to seek professional therapy? No, Chang, staring at blank space isn't therapy . It's a sign you're ill.

Go consult that animal psychologist I recommended you . Not for the sake of your sanity but ours.
I didn't claim they're Indian. I just said there's such possibility. Because I couldn't confirm independently if they're Chinese nationals or Indian nationals.
 

skywatcher

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And then you claim you aren't schizophrenic?! Haven't we advised you to seek professional therapy? No, Chang, staring at blank space isn't therapy . It's a sign you're ill.

Go consult that animal psychologist I recommended you . Not for the sake of your sanity but ours.
Q: How do you confirm they're Han without doing genetic diagnosis?
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They could be Japanese or Korean or Vietnamese etc.
 

MiG-29SMT

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Show me one Chinese vessel which takes with it any of nationalities you've named on voyages across the world in bottom trawlers.
he is not crazy he is just a propaganda troll that pretends they are not chinese, of course they are changs and by the way orientals are not the same genetically Chinese have their own features
 

MiG-29SMT

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Genetically speaking, Japanese, Korean & Vietnamese are all Han Chinese in a broader sense.View attachment 249084
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No it is not true all humans share genes however Japanese, Native americans and siberians are not chinese, China has a specific genes, Russians for example are white but not the same type of whites, British and Spanish are closer related than Russians to British, Chinese the same different genetics

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skywatcher

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he is not crazy he is just a propaganda troll that pretends they are not chinese, of course they are changs and by the way orientals are not the same genetically Chinese have their own features
Check out my profile. Nearly all my posts are latest updates on world space news, especially focusing private Chinese space industry. Why do you think China's space news is propaganda? If it is real, it is not propaganda.
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SexyChineseLady

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Check out my profile. Nearly all my posts are latest updates on world space news, especially focusing private Chinese space industry. Why do you think China's space news is propaganda? If it is real, it is not propaganda. View attachment 249123
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When people are jealous, everything is just propaganda!

See this? Because they do not have a flying testbed or a large domestic transport or a civilian aircraft engine, it is just "propaganda."

Even when they clearly see it flying in the air, it is not real :D
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MiG-29SMT

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When people are jealous, everything is just propaganda!

See this? Because they do not have a flying testbed or a large domestic transport or a civilian aircraft engine, it is just "propaganda."

Even when they clearly see it flying in the air, it is not real :D
View attachment 249126
View attachment 249127
View attachment 249128
View attachment 249129
when people are jealous and are wankers post 1000s of pictures about women they never touch kiss or love and boast about national rants yes jealous but not a wanker
 

MiG-29SMT

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MEXICO CITY (Reuters) - Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said.

The last meeting between top Mexican officials and a Chinese automaker was in January, the sources said, with executives of BYD Co - one of the world's largest electric vehicle makers by sales.


At the meeting, Mexican officials made clear they would not give incentives like those awarded to automakers in the past and that officials would be putting on pause any future meetings with Chinese automakers, said the sources, who asked not to be identified.

The office of Mexican President Andres Manuel Lopez Obrador did not immediately respond to a request for comment. The Mexican Economy Ministry declined to comment.

BYD officials and the Chinese embassy in the Latin American country did not immediately respond to a request for comment. A White House spokesperson said U.S. President Joe Biden will not let Chinese automakers flood the market with vehicles that pose a threat to national security.

Reuters was not able to ascertain which Chinese automakers have requested meetings since. Mexican government officials typically do not disclose subsidies given to the companies for plants.

About 20 Chinese automakers now sell cars in Mexico but none yet have a plant in the country. Chinese vehicles constitute about a third of the total brand offerings in Mexico.

The sources attributed the move to U.S. government pressure, specifically from the Office of the United States Trade Representative (USTR), to keep Chinese automakers out of the free trade zone established under the North American Free Trade Agreement.

A USTR official's response to Reuters did not address the reported pressure, but the official said the United States-Mexico-Canada Agreement (USMCA) was not meant to "provide a back door to China and others who may be seeking to access our market without paying ... tariffs."

The official said the USTR is focused on that issue as it relates to autos, steel and aluminum.

The U.S. intervention reflects increasingly acute fears from its automotive industry, unions and U.S. political circles that Chinese automakers such as BYD, SAIC, Geely, Chery and JAC aim to use Mexico as a back door to sell cheap electric cars in the United States without paying steep U.S. tariffs, now at 27.5%.

U.S. Trade Representative Katherine Tai said on Wednesday the U.S. must take decisive action to protect EVs from subsidized Chinese competition.

CAUGHT IN CROSSFIRE

Mexico, Latin America's second-largest economy, is caught in the crossfire between the world's two biggest economies and car markets.

Last month, Republican U.S. Senator Marco Rubio proposed legislation seeking much higher tariffs on Chinese vehicle imports. Two days later, three Senate Democrats from auto manufacturing states urged the Biden administration to hike import tariffs on Chinese EVs.

Chinese automakers can get around U.S. tariffs by setting up shop in Mexico, as long as they meet rules for how much of a vehicle must be produced locally.

"A sizeable proportion of the goods arriving in Mexico by ocean will likely be trucked into the U.S., which gives rise to the suspicion that the increase in trade we are witnessing is due to importers trying to circumvent U.S. tariffs," said Peter Sand, chief analyst with research firm Xeneta.

In order to avoid U.S. tariffs, goods must have a certain percentage of regional assembly and components, varying depending on the product and the sector. At least 75% of core vehicle parts - like engine or transmission - must be originated in the North American region.

Despite the headwinds, Chinese automakers like BYD are still looking to put down roots in Mexico.

In late February, BYD insisted that any factory in Mexico would serve the local market and not ship to the U.S. But many industry officials are skeptical.

One of the sources told Reuters that BYD was now chasing incentives from state governments instead even though they are substantially less beneficial than the federal ones.

Industrial states like Durango, Jalisco, Mexico State and Nuevo Leon are looking for Chinese automakers to open assembly plants, offering a wide range of incentives. Nuevo Leon last December approved $153 million in incentives for a Tesla plant.

Federal incentives have in the past been generous, including free land, water and energy facilities and help in hiring workers, said Francisco Bautista, a partner at EY in Mexico.

Bautista added that these kinds of incentives have been reduced under the current government, but some have still been given to major investors like Volkswagen's Audi.

In September, Mexican officials from the Economy and the Foreign Relations ministries traveled to Washington to meet with U.S. Commerce Department, Department of State and USTR officials as part of U.S.-Mexico high-level talks.

In the meeting, the subject of Chinese automakers establishing EV production in Mexico was raised for the first time although it was not on the agenda, the sources said.

The officials met again in January 2024 in Toronto, where another request was made by U.S. officials to hinder Chinese automakers.

The Mexican Foreign Relations ministry did not immediately respond to a request for comment.

Mexican officials said that although Chinese investment could help the local economy, the government is concerned about angering Washington with USMCA up for revision in 2026.

Under the "sunset clause," in July 2026 the three countries will decide whether to extend the USMCA for another 16 years. Mexican officials fear U.S. officials could seek to overhaul the trade pact to Mexico's detriment, one of the sources said.

(Reporting by Diego Oré in Mexico City; Additional reporting by David Lawder and Jeff Mason in Washington and Zhang Yan in Shanghai; Editing by Ben Klayman and Matthew Lewis)

 

MiG-29SMT

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skywatcher

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when people are jealous and are wankers post 1000s of pictures about women they never touch kiss or love and boast about national rants yes jealous but not a wanker
Do you have any clue what update means? If there're 1000 new pictures coming from newest events, then it's normal for people to update them timely. If you don't have any news, you don't need to update.
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