China Economy: News & Discussion

MiG-29SMT

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Imported cars are reportedly piling up at European ports turning them into “car parks” as a slug of electric vehicle (EV) sales impedes the market and supply chain issues hit hard.

Managers and directors representing the clogged ports have reportedly blamed Chinese car manufacturers for causing the piling as EV sales slug and lack of truck drivers to continue the EV’s transit from the port.

Executives representing the Port of Antwerp-Bruges told the Financial Times:

“Car distributors are increasingly using the port’s car parks as a depot. Instead of stocking the cars at the dealers, they are collected at the car terminal.”
The FT also reported that one car supply chain manager accused Chinese EV makers of using ports like “car parks”.

The situation has had also reportedly had a knock-on effect on ships unloading their cars. An operator of an Oslo-based United European car-carrier ship claimed to experience a lot of frustration due to its vessels being delayed in the Italian port of Livorno and the Greek port of Piraeus because of congestion in terminals.

This story is from a report in the Financial Times.


Belgium's ports drowning under glut of Chinese electric cars: 'Some are parked here for a year, sometimes more'
Due to China's overcapacity in production – as it aims to capture a quarter of the European electric vehicle market – the ports of Antwerp and Zeebrugge are inundated.


Chinese battery-electric vehicles are piling up at several European ports as the new kids on the block as distribution networks struggle to cope with the influx.

The Financial Times reports that the continent’s busiest automotive ports, including Zeebrugge in Belgium and Bremerhaven in Germany, are choking under the flood of inexpensive BEVs from China as logistics companies struggle to find enough trucks and drivers to move the extra hardware to consumer markets.


The situation is being made worse by several Chinese automakers booking shipping delivery slots without ordering onward transportation for their products. Some industry watchers suspect the manufacturers are using the ports as car parks for product they are struggling to sell in China's slowing domestic car market.

This is being compounded by a similar slowdown in BEV sales in the European market where Chinese brands have yet to pick up the sales they had been expecting.


There are vehicles from some Chinese brands languishing in the ports for up to 18 months, forcing some ports to ask importers to provide proof of onward transport. The newspaper says one car logistics expert tells them many of the unloaded vehicles were simply staying in the ports until they were sold to distributors or end users through online channels.


However, David Kelly, chief corporate officer at automotive-focused software and analytics company Cubic Telecom, believes the situation illustrates a certain amount of hubris among the newcomers who ignore the advantages of Europe’s legacy automakers at their peril.

He tells WardsAuto: “The influx of Chinese EV brands to Europe has led many to talk about the demise of European auto manufacturing as a foregone conclusion. But the troubles facing Chinese OEMs to get cars on the road and into the hands of drivers highlights the European OEM’s trump card – established distribution channels, sales networks and local knowledge built up over many years.”


Kelly adds that the rise of the software-defined vehicle makes the situation even more complex for the new brands hoping to flood the European market. He explains: “The distribution headache is likely to be an early symptom of wider challenges that will emerge in areas such as EV charging, homologation and connectivity. A footprint of 50-plus countries, with different languages and regulations, creates a lot of work and requires local know-how. Taking connectivity as an example, these cars need to stay connected, which means negotiating deals with mobile network operators in each market – a far more complicated scenario when compared to the U.S. or China.

“As well as cost, a big part of the attraction towards Chinese EVs is the software-driven, connected user experience. This is an aspect where a lot of the traditional OEMs have fallen behind. But if the European brands can quickly close this gap, they may find themselves in a much stronger position than many thought was possible.”

https://www.wardsauto.com/industry-news/european-ports-used-car-parks-chinas-bev-makers
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no no chinese brands control the market

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The ranking is as follows:

BRAND UNITS SOLD In Mexico
NISSAN 45,973 vehicles
CHEVROLET 35,769 vehicles
TOYOTA 23,703 vehicles
KIA 22,528 vehicles
VOLKSWAGEN 22,331 vehicles
MAZDA 11,360 vehicles
CHRYSLER 10,457 vehicles
HYUNDAI 10,111 vehicles
HONDA 9,578 vehicles
FORD 9,552 vehicles


The 10 best-selling cars in Mexico from January to February 2023:
Location Make and model Units sold Image
1. Nissan NP300 10,619 Nissan NP300 2023 in Mexico white color
2. Nissan Versa 9,513 Nissan Versa 2023 with new design in Mexico
3. Kia Rio 8,396 Kia Rio Hatchback 2023 in Mexico, blue front and right side
4. Chevrolet Aveo 7,192 Chevrolet Aveo 2022 in Mexico blue exterior
5. Nissan Sentra 6,260 Nissan Sentra 2023 in Mexico in orange with black
6. Mazda 3 4,408 Mazda 3 Sedan 2023 in Mexico in black Carbon Edition parked with black wheels
7. Nissan March 4,401 Nissan March 2023 in Mexico
8. Mazda 2 4,283 Mazda 2 hatchback 2023 in Mexico Carbon Edition MHEV - black front design
9. MG MG 5 4,046 MG 5 2021 in Mexico blue color parked
10. Kia Seltos 3,291 Kia Seltos 2022 in Mexico
List of the 10 best-selling cars in Mexico during January to February 2023.

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SexyChineseLady

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COMAC's C939 will seat up to 400 passengers!
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COMAC's lineup!

ARJ-21: 70 - 105 passengers
C919: 150 - 190
C929: 250 - 290
C939: 400
 

SexyChineseLady

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Top auto exporters from China in first quarter 2024:

1. Chery
2. MG
3. BYD
4. Tesla
5. Geely
6. ChangAn
7. Haval
8. Baojun
9. Jetour
10. Kia

Kia is interesting because its presence in China's domestic market is small unlike Tesla (the other top foreign exporter.) So China is mostly an exporter hub for Kia.
IMG_3288.jpeg
 

Azaad

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Scenes from Bernardo Bertollucci's epic The Last Emperor depicting the ever so glorious cultural revolution where son turned against the father , daughter turned against the mother , brother turned against brother , students against teachers , soldiers against the commanding officers , workers against the managers , peasants against the bureaucracy , comrades against comrades , grand children accused their grand parents of beings splitists & counter revolutionaries .

All this was in keeping with the glorious CCP ideals as framed by the Great Helmsman 1.0 duly implemented by the Red Guards of overturning the Confucian principles on which the Han society was run & consequently Zhongguo .

Unfortunately for the Han slaves , their CCP masters & the rest of the world , the death toll was a mere 2 million , embarrassingly low by CCP's own exalted standards & as compared to the preceding Great Purges , 5 pests campaign , great leap forward , etc.

Incidentally Great Helmsman 2.0 whose own family including his own life was so deeply affected by these events seems nostalgic for it . Who knows he may seek to re create the great cultural revolution for the benefit of the new generation Han slaves !!
 
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Azaad

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HaiYaa !!

Moutai - The world's most valuable liquor brand in the world with practically no sales & recognition outside Zhongguo or at least our side of Han communities in the wider world .

Compare that to this -




 

MiG-29SMT

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Top auto exporters from China in first quarter 2024:

1. Chery
2. MG
3. BYD
4. Tesla
5. Geely
6. ChangAn
7. Haval
8. Baojun
9. Jetour
10. Kia

Kia is interesting because its presence in China's domestic market is small unlike Tesla (the other top foreign exporter.) So China is mostly an exporter hub for Kia.
View attachment 253579
Belgium's largest port, the Port of Bruges, now has 365,000 parking spaces filled with imported cars, mostly electric vehicles from China. One of the world's largest car ports, Germany's Bremerhaven Port, is forced to swallow thousands of Chinese electric cars at a time, leaving no room for German cars to be exported. Some Chinese vehicles have been stored for as long as 18 months, becoming international automotive refugees. Despite this, roll-on/roll-off ships loaded with Chinese brands like BYD, Great Wall, Chery, and SAIC continue to pass through the Cape of Good Hope into the Atlantic, streaming towards Europe and causing great concern among Western nations. Unexpectedly, the EU has not yet acted, but the United States has taken the lead in effectively sealing the fate of Chinese new energy vehicles

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BYD subsidies per vehicle
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MiG-29SMT

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Turkey in advanced talks with BYD, Chery for local factories -- also talks with MG and GWM too!View attachment 253574
Mexico's government, under pressure from the United States, is keeping Chinese automakers at bay by refusing to offer them incentives, such as low-cost public land or lower taxes, for investment in electric vehicle production, three officials said. Mexicans familiar with the matter.
Mexico's government, under pressure from the United States, is keeping Chinese automakers at bay by refusing to offer them incentives, such as low-cost public land or lower taxes, for investment in electric vehicle production, three officials said. Mexicans familiar with the matter.

The last meeting between top Mexican officials and a Chinese automaker was in January, the sources said, with executives from BYD, one of the world's largest electric vehicle makers by sales.
At the meeting, Mexican officials made clear that they would not provide stimulus like those given to automakers in the past and would suspend any future meetings with Chinese automakers, said the sources, who asked not to be identified.

President Andrés Manuel López Obrador's office did not immediately respond to a request for comment. The Ministry of Economy, in charge of promoting industry and commerce, declined to comment.

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

Reuters was unable to determine which Chinese automakers have requested meetings since then. Mexican officials do not typically disclose subsidies given to companies for setting up factories.

About twenty Chinese car manufacturers sell their products in Mexico but none yet have a plant in the country. Chinese automobiles represent a third of the total brand offering in the Latin American nation.

Sources attributed the move to pressure from the US government, specifically the Office of the US Trade Representative (USTR), to keep Chinese automakers out of the North American free trade zone.
 
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MiG-29SMT

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With airliners industry comes the civilian turbofans!

View attachment 253550

CJ1000A:
View attachment 253551

CJ2000:
View attachment 253552

C929 will use CJ2000!
View attachment 253553
Interesting the question is still not flying and no sales.

Number built of C919 is as large as Europe A-320 in 1 week.

More than 10000+ A-320 versus 10 C919
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China's self-developed C919 large passenger aircraft completed its first commercial passenger flight. The story behind this achievement is nuanced and complex, and this video explores whether China, faced with a series of technological challenges and difficulties, can catch up with the pace of development in the international aviation industry. Technology is key. According to the former deputy director of the Chinese Aerospace Science and Technology Innovation Center and an expert in the aerospace field, None of the crucial components for the C919 such as the engine, radar, communication, navigation, flight control materials, and key aircraft parts like bearings and brakes are something China can manufacture, and this is not just for the near future, but potentially for the next 10, 20, 30, or even 50 years.

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ARJ-21 has less aircraft ins ervice than Sukhoi Superjet.

Basically has no sales

Chinese engines not used even in aircraft like Phenom or even ARJ-21 but still wankers dream is used on B-777 type aircraft
 
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