China Economy: News & Discussion

srevster

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It's like cambrian explosion of EV, some creatures failed, some succeed, some only occupied niche market. But it's all because the environment (supply chains) is good enough there.



Like this Indian car blogger, trying the HiPhi X, which is four years ago type, $900000 to $120000, labelled as big toy of rich man.


But HiPhi used very unique way to go abroad, it mainly export 2nd hand car!

Still lots people outside China thought it's futuristic car!



Second hand in Russian market:



HiPhi Z in market now, like a transformer.

[/QUOTE]

Yep 90% failed and they all raised over $1b each from state owned enterprises, that doesn’t sound like capitalism to me!
 

rockdog

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Yep 90% failed and they all raised over $1b each from state owned enterprises, that doesn’t sound like capitalism to me!
So now u know in China, a compay would raise capital both from SOE and private sector at same time rite? I see this is the advantage not a shortcoming.
 
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SexyChineseLady

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Half of the world's industrial robots are installed in China each year. Just like half of the world steel are used in China each year.

China is expanding its industrial capacity in really unbelievable ways.
 

srevster

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So now u know in China, a compay would raise capital both from SOE and private sector at same time rite? I see this is the advantage not a shortcoming.
It's a short coming. Because it is poor deployment of State Owned Funds and it is stifling organic competition from thriving because of the artificial subsidization. The people with the most connections and sway raise money not necessarily the people with the most merit.
 

rockdog

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It's a short coming. Because it is poor deployment of State Owned Funds and it is stifling organic competition from thriving because of the artificial subsidization. The people with the most connections and sway raise money not necessarily the people with the most merit.
Don't know how much experiences you have in the investment field.

CATL share holders:

Lots of State Owned Funds inside.



Adani orders 2 GW module manufacturing line from China’s Jinchen

Jinchen also has lots of State Owned Funds inside. I think the State Owned Funds indirectly gets profit from India by helping zero CO2 strategy of India, it's win-win deal.
 
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srevster

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ym888

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Lmao India is 1.5 million per annum. Your data is wrong

.

This ranking is about civil engineering
 

rockdog

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Demand of solar related products from India would increase:

Exclusive: India considers cutting solar panel import tax to make up domestic shortfall

.
 

rockdog

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Very positive feedback, enpowered by Chinese supply chain even such niche market can be EV-lized!

The tech is seamless integrated into London's culture and maintain the icon of city.

 
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SexyChineseLady

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The first generation of Chinese engineers studied Russian

Now........
Now they are collaborating on airliners :)

The CR929 will be great leverage for China and Russia with the aircraft being the only wide body allowed to fly over the air space of both Russia and China.
IMG_5769.jpeg


Wingbox is in testing in Russia and COMAC is pulling together suppliers. Because of sanctions, they might need to create a different organization and versions. But exactly because of sanction the project becomes more critical. Flying over Russian airspace saves hours of fuel burn.

Despite what the West is hoping, the CR929/C929 is not dead. The Russian engine PD-35 is in tests and will be unveiled at MAKS in July.

AECC also gave us a date for CJ2000 in their teaser, they never did that before. Confidence is very high!
IMG_5770.jpeg


IMG_5771.jpeg
 

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