China Economy: News & Discussion

MiG-29SMT

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This is China’s loneliest high-speed railway station, surrounded by wheat fields, cornfields, and barren land, with nothing else in sight. This is Gongyi South Station in Henan Province. It is uniquely built right in the middle of a wheat field. As passengers step out of the station, they are greeted by an endless expanse of wheat fields with no residential areas nearby, making this station appear extra aloof and extraordinary.
 

rockdog

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Good, i visited this one two yrs ago, and post it here in my road trip blog.


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rockdog

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This is China’s loneliest high-speed railway station, surrounded by wheat fields, cornfields, and barren land, with nothing else in sight. This is Gongyi South Station in Henan Province. It is uniquely built right in the middle of a wheat field. As passengers step out of the station, they are greeted by an endless expanse of wheat fields with no residential areas nearby, making this station appear extra aloof and extraordinary.
Like there are busy bus station and empty bus station.

Photo took two weeks ago, in Hongiqao HSR station.

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Azaad

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Chinese firms do not have a choice in India :(

Indian government had crushed FDI from China so in 2024 it is down about 90% from 2021 and there are now less than 300 large and medium sized Chinese firms in India compared to 1000 before 2021. The trend is rapidly going even further downward.

Most of China's FDI is going to ASEAN, Mexico and Eastern Europe. The China-India investment environment is pretty sad right now :(

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MiG-29SMT

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Like there are busy bus station and empty bus station.

Photo took two weeks ago, in Hongiqao HSR station.

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China Railway expands high-speed network as profits take back seat
State-owned operator's debt rises to 5% of national GDP


Weak Demand for China's High-Speed Trains: A Ticking Time Bomb?

China’s High-Speed Railway network is by far the largest in the world, but it is running at an eyewatering loss which may threaten the wider Chinese economy.
 

MiG-29SMT

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As stated by this professional automotive repair person, the situations of the electrocuted car owners mentioned earlier are not the worst. At least the car owners in the videos who got shocked are still standing and can make videos to complain about the poor quality of domestic cars. The worst case involves a car owner who was electrocuted to the point of suffering a cerebral hemorrhage and is now hospitalized with a coma. According to reports from Chinese media, this incident occurred in mid-May this year, not long ago. Mr. Deng from Xinyu, Jiangxi, who bought a leaking BYD new energy vehicle, experienced an accident less than a month after purchasing the car.


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SexyChineseLady

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Huawei will make $700M from licensing its patents this year:


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Historically, Huawei, the world’s largest producer of telecom equipment, eschewed the idea of using its vast patent portfolio to make money, instead using its IP primarily to prevent others implementing its technology.

But that changed in 2022 when founder and CEO Ren Zhengfei reportedly instructed the Huawei’s patents division to step up its focus on licensing its patents — a shift driven by the need to diversify revenues in the face of U.S.-led sanctions, which threatened to stymie its growth.

So, how did things go?

Huawei’s licensing business has taken off like a rocket (a cool, steadfast Saturn V rocket, not one of the exploding SpaceX ones). The company generated $560 million in patent revenues in its first year monetizing its technology. It hasn’t announced revenues for 2023 or 2024, but making the conservative assumption that its patent business is growing at the same rate at the rest of the company, it will likely make nearly $700 million from licensing this year.
 

Azaad

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Huawei will make $700M from licensing its patents this year:


View attachment 254987

Historically, Huawei, the world’s largest producer of telecom equipment, eschewed the idea of using its vast patent portfolio to make money, instead using its IP primarily to prevent others implementing its technology.

But that changed in 2022 when founder and CEO Ren Zhengfei reportedly instructed the Huawei’s patents division to step up its focus on licensing its patents — a shift driven by the need to diversify revenues in the face of U.S.-led sanctions, which threatened to stymie its growth.

So, how did things go?

Huawei’s licensing business has taken off like a rocket (a cool, steadfast Saturn V rocket, not one of the exploding SpaceX ones). The company generated $560 million in patent revenues in its first year monetizing its technology. It hasn’t announced revenues for 2023 or 2024, but making the conservative assumption that its patent business is growing at the same rate at the rest of the company, it will likely make nearly $700 million from licensing this year.
The entire tone of the article reads as if a white Wumao if not a Wumao has written this piece beginning with this at the very onset of the article. 👇

Historically, Huawei, the world’s largest producer of telecom equipment, eschewed the idea of using its vast patent portfolio to make money, instead using its IP primarily to prevent others implementing its technology.
This conveys the notion that Huawei was initially into charity not business.

The article as usual quotes figures with no reference or citations . Besides the website itself doesn't say where is it based in or who owns it .

I once again appeal to your handlers in the MSS to depute more capable Gaokao pass candidates to replace you or at the very least Gaokao pass candidates to come up with REAL propaganda as opposed to this retarded piece you're spamming us with.
 

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