China Economy: News & Discussion

[rockdog]

 

[RoaringTigerHiddenDragon]

BOE’s Patent Prowess Grows, Surpassing LG and Closing In on Samsung

https://www.gizmochina.com/2023/09/27/boe-display-us-patent-number/

Only valuable patents matter. Simply filing worthless patents dont matter. Most valuable patents in the world are with the west, japan, korea, taiwan, EU

 

[another_armchair]

S&P China A 1800 Real Estate (Sector) Index | S&P Dow Jones Indices

The S&P China A 1800 Real Estate (Sector) Index comprises those companies included in the S&P China A 1800 that are classified as members of the GICS® real estate sector.

www.spglobal.com

Happy hours extended till ....

 

[another_armchair]

Hang Seng Indexes

Hang Seng Index

www.hsi.com.hk

1 year returns : -41.34%

3 year returns : -46.11%

Hey, buy our EVs ya. We know our real estate bubble has exploded and the real estate bonds you are holding aren't worth shit drying on the sidewalk.

 

[another_armchair]

Shenzhen composite down over 47%.

This is not linked to the real estate slump or is it?

Don't worry, they will 'drive' out of this slump riding on their EV boom.

 

[Azaad]

Shenzhen composite down over 47%.

This is not linked to the real estate slump or is it?

Don't worry, they will 'drive' out of this slump riding on their EV boom.

US has already banned the import of Chinese EVs. If the EU determines that CCP has subsidized Chinese EV OEMs then the Chinese can rest assured punitive tariffs will be levied. This would boost sales of domestic OEMs in the EU. Which other markets is China going to explore once the most lucrative markets for EVs principally in the EU & US are hostile to them ?

This in turn would prompt CCP to levy an equivalent punitive tarrif on sales of EU origin cars in China even if they're mfgd there . However with the overall lead in this segment lying with the Chinese , it can be assumed over a short period of time even otherwise the Chinese consumer will prefer local Chinese origin EVs to EU origin ones .

However Chinese moves to levy such punitive tariffs will not be received well by EU who'd then seek to expand such punitive tariffs on other segments where the Chinese are seen as having an unfair advantage.

I predict fun times ahead.

 

[RoaringTigerHiddenDragon]

US has already banned the import of Chinese EVs. If the EU determines that CCP has subsidized Chinese EV OEMs then the Chinese can rest assured punitive tariffs will be levied. This would boost sales of domestic OEMs in the EU. Which other markets is China going to explore once the most lucrative markets for EVs principally in the EU & US are hostile to them ?

This in turn would prompt CCP to levy an equivalent punitive tarrif on sales of EU origin cars in China even if they're mfgd there . However with the overall lead in this segment lying with the Chinese , it can be assumed over a short period of time even otherwise the Chinese consumer will prefer local Chinese origin EVs to EU origin ones .

However Chinese moves to levy such punitive tariffs will not be received well by EU who'd then seek to expand such punitive tariffs on other segments where the Chinese are seen as having an unfair advantage.

I predict fun times ahead.

The question remains how fast can India move and take advantage of this situation? We have missed the bus several times even when opportunities were presented to us on a golden plate. Can we become the #1 alternate fuel based vehicles and energy equipment manufacturer?

 

[karn]

This is precisely how envy works

You call people names in anger which makes little sense.

There is no subterfuge about trade and commerce. No communism either. You can either buy or not. You either sell or not

They buy and sell a lot to and from China View attachment 239556

We know that you are bot but please update your map from 2020 . The US has already replaced china as India's largest trade partner likewise Mexico has replied china as the largest trading partner of the US.
Bit by bit the red tide is thrown back

 

[ym888]

China Mobile launches the world's first 6G test satellite

China Mobile, the world's largest telecom carrier by mobile subscribers, has successfully launched the world's first satellite to test 6G architecture on Feb 3. [Photo provided to chinadaily.com.cn]
China Mobile, the world's largest telecom carrier by mobile subscribers, has successfully launched the world's first satellite to test 6G architecture, marking a milestone in its efforts to explore integrated space and ground communication technology.
The low-earth orbit test satellite is the world's first to employ 6G design architecture, and it was launched on Saturday along with another satellite that comes with China Mobile's 5G technology.
The 6G test satellite hosts a distributed autonomous architecture for 6G, which was jointly developed by China Mobile and the Chinese Academy of Sciences' Innovation Academy for Microsatellites. The system, utilizing domestic software and hardware, supports in-orbit software reconstruction, flexible deployment of core network functions and automated management, enhancing the efficiency and reliability of the in-orbit operation of the satellite core network, China Mobile said.
Set at an orbit height of approximately 500 kilometers, these experimental satellites offer advantages such as low latency and high data transfer rates compared with high-orbit satellites which travel at 36,000 kilometers.
Positioned as a crucial platform for future integrated space and ground networks, low-earth orbit satellites can address telecom signal coverage gaps in terrestrial mobile networks, providing higher bandwidth satellite internet services globally, according to China Mobile.
China Mobile said it plans to conduct in-orbit experiments based on these test satellites, accelerating the integration and development of space-to-ground technology industries.

 

[rockdog]

The question remains how fast can India move and take advantage of this situation? We have missed the bus several times even when opportunities were presented to us on a golden plate. Can we become the #1 alternate fuel based vehicles and energy equipment manufacturer?

The window is around 3-5 yrs, you need to have following things:
strong and rich govrnment to make industrial policy and exectue it;
10 million car sales per year as purchase power base;
300 million mid class like EU, USA as purchase group;
strong ICT industry;
strong IEC vehicle supply chain;
strong chemical industry and resources globally.

Good luck India!

 

[rockdog]

US has already banned the import of Chinese EVs. If the EU determines that CCP has subsidized Chinese EV OEMs then the Chinese can rest assured punitive tariffs will be levied. This would boost sales of domestic OEMs in the EU. Which other markets is China going to explore once the most lucrative markets for EVs principally in the EU & US are hostile to them ?

This in turn would prompt CCP to levy an equivalent punitive tarrif on sales of EU origin cars in China even if they're mfgd there . However with the overall lead in this segment lying with the Chinese , it can be assumed over a short period of time even otherwise the Chinese consumer will prefer local Chinese origin EVs to EU origin ones .

However Chinese moves to levy such punitive tariffs will not be received well by EU who'd then seek to expand such punitive tariffs on other segments where the Chinese are seen as having an unfair advantage.

I predict fun times ahead.

There are many ways of cooperation between China and EU car makers, will create tens of millions of new jobs.

Chinese EV battery makers are aggressively expanding production in Europe

Companies such as CATL, Svolt, and Gotion Hi-Tech have all recently announced plans for new European factories.

qz.com

China's BYD to build new energy vehicle production base in Hungary

https://www.reuters.com/business/autos-transportation/chinas-byd-build-new-energy-vehicle-production-base-hungary-2023-12-22/

Volkswagen invests $700 million in Chinese EV maker Xpeng to boost sluggish sales

https://edition.cnn.com/2023/07/27/cars/china-volkswagen-xpeng-investment-intl-hnk/index.html

Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor’s Global Electric Vehicle Business

Leveraging the strengths of both companies, Stellantis and Leapmotor give birth to a strategic global relationship that aims at creating a highly c

www.stellantis.com

New Mini Cooper Electric spotted on trailer in China ahead of deliveries

Mini Cooper EV is manufactured in China jointly by Great Wall Motor and BMW for global markets.

carnewschina.com

Meanwhile, the traditional Tier1 from the supply chains:

Bosch Eyes 1,200 Job Cuts As High Costs, Slowing Demand Bite

Bosch Eyes 1,200 Job Cuts As High Costs, Slowing Demand Bite

Robert Bosch GmbH is looking to cut 1,200 jobs in its software and electronics unit over the coming three years as the German automotive supplier responds to higher costs and slowing growth.

www.bloomberg.com

Continental plans thousands of job cuts in auto division

https://www.reuters.com/business/autos-transportation/continental-plans-thousands-job-cuts-auto-division-2023-11-13/

 

[Satish Sharma]

Clean and low price energy increasing export.of steel to India.

China was the top exporter of finished steel to India during April-October, shipping in 1.1 million metric tons of the alloy, up 47.3% on the year. China, the world's top steel producer, exported mostly cold-rolled coil or sheets to India, followed by hot-rolled coil products, plates, and pipes, among others.

https://www.reuters.com/markets/commodities/indias-april-oct-steel-imports-china-four-year-high-2023-11-29/#:~:text=China%20was%20the%20top%20exporter,%2C%20and%20pipes%2C%20among%20others

.

Lol recently china was Begging to export ore for steel to us.. and let's see how it will not reduce next year we have reduced ore exports , u know why

 

[rockdog]

@SexyChineseLady interesting article from FP.

This TV show is the best in recent yrs, i think It's available in Netflix now.

 

[Cheepek]

Lol

 

[SexyChineseLady]

@SexyChineseLady interesting article from FP.

This TV show is the best in recent yrs, i think It's available in Netflix now.

A lot of brilliant content is coming out of China despite the heavy hands of the communist censors. This is across the board from movies to serials in comedy, action, drama and animation.

Yes, dramas especially has really spread across Asia!

 

[another_armchair]

Lol

The news led to some short covering or buying today.

 

[Azaad]

China’s tumbling prices push some exporters to the brink

Prolonged factory deflation threatens smaller Chinese exporters as falling prices and rising competition squeeze profit margins.

www.thehindu.com

 

[Blademaster]

View attachment 239551

this is from strait times not exactly renown for their honesty and reliability.

 

[rockdog]

Making money is important than war. Exporting Wind power components to Europe, the ship is escorted by PLAN warship in Red Sea.

 

[rockdog]

Harbin is the most attractive city this winter.