China Economy: News & Discussion

[rockdog]

Reducing population = reducing consumption

A kind of POV.

What's the real size of China's economy? - Asia Times

(Big time) I'm on my way, I'm making it (Big time) (Big time) I've got to make it show, yeah (Big time) (Big time) So much larger than life (Big time) I'm

asiatimes.com

x.com

x.com

 

[srevster]

MSN

 

[srevster]

 

[srevster]

https://www.wsj.com/articles/india-could-help-the-u-s-to-tech-victory-over-china-dd624fe6

 

[srevster]

Wall Street Lands on India, Looking for Profits It Can’t Find in China

Stock markets in Mumbai have surged as big global investors hope India can become a source of growth. It won’t be so easy.

www.nytimes.com

 

[srevster]

https://www.livemint.com/news/india/us-money-manager-cuts-china-debt-holding-to-buy-india-bonds/amp-11715649770433.html

 

[srevster]

Indian Bonds Best Asia Bet for JPMorgan Asset Before Inclusion

(Bloomberg) -- JPMorgan Asset Management increased its holdings of Indian local-currency sovereign bonds, viewing them as the best bet among peers in Asia. Most Read from BloombergIsrael Airstrike and Death of Egyptian Guard Ratchet Up TensionsMusk’s xAI Raises $6 Billion in Bid to Challenge...

finance.yahoo.com

 

[srevster]

https://www.business-standard.com/amp/markets/news/indian-bonds-outperforming-most-asian-peers-despite-swings-in-treasuries-124051400075_1.html

 

[rockdog]

Right before USSR collapse their manufacturing was 2x the size of USA.

Dude, you have strong IT background as you claimed, please pay more attention on data.

You claimed wrong data!

 

[MiG-29SMT]

Rank	Country	Price To Income Ratio	Gross Rental Yield City Centre	Gross Rental Yield Outside of Centre	Price To Rent Ratio City Centre	Price To Rent Ratio Outside Of City Centre	Mortgage As A Percentage Of Income	Affordability Index
1	Syria	101.9	2.9	3.6	34.2	27.8	1365.8	0.1
2	Ethiopia	43.1	6.8	4.7	14.6	21.4	719.3	0.1
3	Cameroon	42.9	8.8	10.6	11.3	9.4	790.7	0.1
4	Sri Lanka	36.0	3.6	2.3	27.4	44.3	662.0	0.2
5	Nepal	35.2	1.9	2.1	53.5	47.0	518.3	0.2
6	Hong Kong (China)	32.1	1.8	2.0	54.2	50.5	230.6	0.4
7	China	29.6	1.7	1.7	59.2	60.5	228.9	0.4
8	Lebanon	27.4	4.8	5.6	20.8	18.0	312.3	0.3
9	Philippines	27.0	2.9	3.2	34.1	31.7	257.0	0.4
10	Thailand	26.5	3.1	3.2	32.6	31.7	216.1	0.5
11	Vietnam	23.7	3.1	3.7	32.2	27.1	281.5	0.4
12	Iran	22.4	5.5	6.0	18.3	16.7	497.4	0.2
13	Argentina	21.1	3.0	2.7	33.9	36.7	1155.4	0.1
14	South Korea	19.9	1.2	1.1	83.3	87.1	150.2	0.7
15	Taiwan	19.5	1.3	1.6	74.5	60.7	115.7	0.9
16	Indonesia	18.9	4.6	5.2	21.5	19.2	208.4	0.5
17	Peru	18.9	5.4	4.7	18.6	21.2	222.8	0.4
18	Colombia	18.7	4.8	4.7	20.9	21.4	272.3	0.4
19	Chile	17.5	4.3	3.6	23.5	28.1	141.9	0.7
20	Algeria	17.2	3.1	3.3	32.7	30.4	153.6	0.7
21	Armenia	17.0	6.3	8.6	15.9	11.6	250.6	0.4
22	Serbia	16.8	4.1	4.2	24.5	23.8	155.4	0.6
23	Brazil	16.5	4.5	4.4	22.3	22.7	201.5	0.5
24	Egypt	16.2	6.4	8.3	15.6	12.1	229.4	0.4
25	Russia	16.1	4.2	4.3	24.0	23.3	203.8	0.5
26	Morocco	15.9	4.8	4.7	21.0	21.3	125.4	0.8
27	Mongolia	15.7	7.2	7.8	13.9	12.9	140.8	0.7
28	Dominican Republic	15.5	7.4	5.6	13.5	17.8	214.4	0.5
29	Venezuela	15.2	8.2	6.4	12.3	15.6	410.9	0.2
30	Ukraine	15.0	5.2	5.3	19.4	18.8	258.2	0.4
31	Singapore	14.9	3.3	3.6	30.4	27.6	102.6	1.0
32	North Macedonia	14.8	3.4	3.4	29.3	29.7	117.9	0.8
33	Kosovo (Disputed Territory)	14.6	4.3	5.2	23.3	19.1	116.8	0.9
34	Slovakia	14.5	3.3	3.4	30.3	29.2	106.2	0.9
35	Azerbaijan	14.4	5.3	5.6	19.0	17.8	158.6	0.6
36	Israel	14.2	3.2	3.2	30.9	31.7	103.9	1.0
37	Albania	14.1	4.8	5.5	20.9	18.3	114.5	0.9
38	Kyrgyzstan	14.0	9.6	9.3	10.4	10.7	256.7	0.4
39	Hungary	13.8	3.3	3.5	30.6	28.6	150.8	0.7
40	Belarus	13.7	4.7	4.8	21.3	20.7	255.9	0.4
41	Greece	13.6	3.9	3.9	25.5	25.9	102.8	1.0
42	Tunisia	13.4	4.8	4.7	21.0	21.3	169.9	0.6
43	Croatia	13.4	3.3	3.6	29.9	28.1	98.6	1.0
44	India	13.3	2.7	3.2	36.9	31.7	141.8	0.7
45	Georgia	13.0	8.5	10.1	11.7	9.9	170.1	0.6
46	Czech Republic	12.9	4.1	4.0	24.5	24.9	109.1	0.9
47	Bolivia	12.8	5.7	5.4	17.5	18.6	121.4	0.8
48	Bangladesh	12.7	3.1	3.1	32.6	32.3	140.7	0.7
49	Portugal	12.6	6.4	7.2	15.6	13.8	95.3	1.0
50	Uzbekistan	12.6	9.2	11.1	10.9	9.0	279.1	0.4
51	Bosnia And Herzegovina	12.5	2.6	2.8	38.3	35.8	88.2	1.1
52	Pakistan	12.5	4.5	4.9	22.2	20.5	233.5	0.4
53	Turkey	12.5	6.1	6.9	16.3	14.6	385.6	0.3
54	Montenegro	12.3	6.3	6.1	15.8	16.4	105.7	0.9
55	France	12.3	2.6	2.9	38.8	34.9	85.7	1.2
56	Poland	12.2	4.3	4.6	23.5	21.7	113.2	0.9
57	Kenya	12.1	7.1	4.8	14.1	20.7	169.3	0.6
58	Moldova	11.5	5.8	6.3	17.1	15.9	156.6	0.6
59	Malta	11.4	5.3	5.4	18.8	18.6	88.5	1.1
60	Ecuador	11.3	6.1	5.3	16.5	19.0	132.8	0.8
61	Slovenia	11.2	3.7	3.8	27.1	26.4	75.4	1.3
62	Panama	11.1	8.7	8.9	11.4	11.2	97.2	1.0
63	Lithuania	11.1	3.8	4.2	26.4	23.6	80.0	1.3
64	Switzerland	11.1	2.7	2.8	37.7	35.1	70.3	1.4
65	Romania	11.0	4.5	4.6	22.4	22.0	103.0	1.0
66	Canada	11.0	3.9	4.9	25.7	20.2	102.7	1.0
67	Australia	11.0	3.7	3.7	26.7	26.8	98.2	1.0
68	Austria	11.0	3.1	3.3	32.7	30.5	75.2	1.3
69	Italy	10.7	4.2	4.7	24.0	21.2	83.8	1.2
70	Mexico	10.7	7.7	7.5	13.0	13.2	135.6	0.7
71	New Zealand	10.5	3.4	3.5	29.1	29.0	97.1	1.0
72	Kazakhstan	10.4	8.4	8.4	11.9	11.9	176.8	0.6
73	Uruguay	10.3	4.7	5.3	21.1	19.0	105.3	1.0
74	Estonia	10.2	3.5	3.8	28.6	26.6	74.6	1.3
75	Japan	10.0	2.4	2.5	41.0	39.5	59.9	1.7
76	United Kingdom	9.9	4.3	4.6	23.2	21.7	84.3	1.2
77	Germany	9.8	3.4	3.1	29.2	31.9	71.6	1.4
78	Latvia	9.4	4.0	4.5	25.0	22.3	67.3	1.5
79	Costa Rica	9.4	7.0	8.0	14.2	12.5	105.6	0.9
80	Luxembourg	9.1	3.2	3.6	31.1	28.1	56.7	1.8
81	Bulgaria	8.9	4.6	5.2	21.6	19.4	69.5	1.4
82	Malaysia	8.5	4.1	4.9	24.5	20.2	62.1	1.6
83	Honduras	8.5	8.5	6.9	11.7	14.4	111.9	0.9
84	Finland	8.3	3.1	3.8	32.5	26.3	55.9	1.8
85	Sweden	8.1	3.7	4.5	26.7	22.3	63.0	1.6
86	Cyprus	8.1	6.9	7.2	14.5	14.0	56.7	1.8
87	Iraq	8.0	6.4	8.3	15.6	12.1	91.5	1.1
88	Norway	7.8	3.9	4.2	25.3	23.9	56.3	1.8
89	Kuwait	7.7	3.5	4.8	28.3	21.0	61.3	1.6
90	Jordan	7.5	5.7	6.5	17.5	15.3	73.9	1.4
91	Ireland	7.5	7.4	8.4	13.6	12.0	56.0	1.8
92	Spain	7.4	6.0	7.3	16.7	13.8	51.7	1.9
93	Netherlands	7.4	5.0	5.6	19.9	17.8	55.0	1.8
94	Denmark	6.8	4.3	4.5	23.1	22.1	48.3	2.1
95	Belgium	6.8	4.7	4.8	21.4	20.7	46.5	2.2
96	Qatar	6.7	5.9	5.1	17.0	19.5	51.9	1.9
97	Palestine	6.3	7.5	7.6	13.3	13.1	61.8	1.6
98	Iceland	5.6	5.9	6.5	17.1	15.4	53.7	1.9
99	United Arab Emirates	4.2	12.3	11.3	8.1	8.9	31.4	3.2
100	United States	4.1	8.1	9.6	12.3	10.4	36.8	2.7
101	Puerto Rico	3.8	11.8	9.7	8.5	10.3	29.3	3.4
102	South Africa	3.3	10.3	10.0	9.7	10.0	41.5	2.4
103	Saudi Arabia	3.2	6.7	7.0	14.9	14.3	24.2	4.1
104	Oman	3.1	7.2	7.9	13.8	12.6	23.9	4.2

Showing 1 to 104 of 104 entries

Property Prices Index by Country 2024

Property Investment Index by Country. Contains comparison of indicators for residential property investment. Apartment price to income ratio, price to rent ratio, gross rental yield, loan affrodability index, ...

www.numbeo.com

 

[MiG-29SMT]

1. Australia
Australia is the leading nation with an average of 2,032 square feet. The construction of large houses in the country is attributed to limited land supplies and housing affordability. Australians are also building bigger houses to have spare rooms for growing families.

2. United States
The United States is second in house size by country. The average house size in the superpower country is approximately 1,900 square feet. The bigger houses are attributed to the mass production and ready availability of cheaper building materials across the country. The perception that houses are financial assets also prompts many Americans to construct bigger houses.

3. Canada
With an average size of 1,700 square feet, houses in Canada are the third-largest homestead by size in the world. Houses in the North American country are also better built with quality building materials than houses in Australia and the United States. Like Americans, Canadians construct bigger houses because they perceive them as important financial assets. Financial strength and availability of building materials also enable people to construct bigger houses.

7. Mexico
Mexico has the largest house by size in the South American Continent, with an average house size by country of 1,400 square feet. The availability of timber and other building materials enables people to construct bigger houses.

Reality of Mexico big houses, relatively cheap but still lots of poor and homeless

Australia	2303
New Zealand	2174
United States	2164
Canada	1948
Denmark	1475
Luxembourg	1359
Greece	1356
Belgium	1293
Netherlands	1261
France	1206
Germany	1173
Spain	1044
Austria	1043
Japan	1023
Ireland	957
Portugal	902
Sweden	893
Finland	880
Italy	872
United Kingdom	818
China	646
Russia	614
India	504
Hong Kong	484

Most Chinese own a house but quality is low very expensive and very small, well well it is easy to understand the crisis of China too much debt, evergrand is easy to understand now


Which country has the largest average house size?
The country with the largest average house size is Australia, with an average house size of 2,032 square feet.

Frequently Asked Questions

1. Average Home Size by Country

Sources

House Size by Country 2024

worldpopulationreview.com

25 Countries with the Highest Home Ownership Rates
25. Brazil
Home Ownership Rate: 73.49%

Brazil’s home ownership rate was last recorded at 73.49% in 2010. Therefore, the country has a high proportion of home owners and ranks on our list. However, according to a 2020 article by Agência Brasil, a majority of Brazilians live in owned properties. The news report cited a 2019 survey by the Brazilian Institute of Geography and Statistics (IBGE) which showed that out of the 62 million dwellings in the country, 48.1 million were owned by residents, which represents 66.4% of all dwellings in the country.

24. Italy
Home Ownership Rate: 74.3%

Italy witnessed a home ownership rate of 74.3% in 2022. The country’s home ownership rate was reported to be at an all-time high of 75.1% in 2020.

23. Slovenia
Home Ownership Rate: 75.4%

In 2022, the home ownership rate in Slovenia was 75.4%. Hence, Slovenia has one of the highest home ownership rates among other countries.

22. Spain
Home Ownership Rate: 76%

Spain is another country where a high proportion of people tend to own their homes. In 2022, the country recorded a home ownership rate of 76%.

21. Czech Republic
Home Ownership Rate: 77.1%

The home ownership rate of the Czech Republic was reported to be 77.1% in 2022. Thus, the country secured the 21st position on our list.

20. Portugal
Home Ownership Rate: 77.8%

Portugal ranks among the 25 countries with the highest home ownership rates. The country had a home ownership rate as high as 77.8% in 2022.

19. Norway
Home Ownership Rate: 79.4%

Home ownership rate in Norway changed from 78.3% in 2021 to 79.4% in 2022. This rate was at an all-time high of 86.1% in 2008.

18. Estonia
Home Ownership Rate: 82%

Estonia is another European country where there is an inclination towards owning homes. In 2022, the country’s home ownership rate was 82%.

17. Malta
Home Ownership Rate: 82.6%

In 2022, the home ownership rate in Malta was reported to be 82.6%. This rate was previously recorded at 81.9% in 2021.

16. Latvia
Home Ownership Rate: 83.1%

The 25 countries with the highest home ownership rates rank Latvia as well. In 2022, 83.1% of Latvians owned their homes. In 2009, the country’s home ownership rate was as high as 87.2%.

15. Bulgaria
Home Ownership Rate: 85.0%

In 2022, Bulgaria recorded a home ownership rate of 85.0%. This rate was recorded at 85% in 2022. The country’s high home ownership rate ranks it 15th on our list.

14. Macedonia
Home Ownership Rate: 85.8%

Home ownership has been high in Macedonia. The national home ownership rate averaged 88.56% from 2011 until 2020. This rate was last recorded at 85.8% in 2020.

13. Poland
Home Ownership Rate: 87.2%

The home ownership rate in Poland was at an all-time high of 87.2% in 2022. The country’s home ownership rate was previously recorded at 86.8% in 2021.

12. Lithuania
Home Ownership Rate: 88.6%

Lithuania’s home ownership rate averaged 90.49% from 2005 until 2022. In 2022, the national home ownership rate was as high as 88.6%.

11. Singapore
Home Ownership Rate: 89.3%

Singapore ranks as one of the 25 countries with the highest home ownership rates. The country’s home ownership rate increased from 88.9% in 2021 to 89.3% in 2022.

10. China
Home Ownership Rate: 89.68%

The Chinese home ownership rate averaged 89.89% from 2013 until 2018. In 2018, 89.68% of the Chinese owned their homes thereby ranking the country 10th on our list.

9. Hungary
Home Ownership Rate: 90.1%

Hungary is another European housing market with substantial home owners. In 2022, 90.1% of the Hungarians owned their homes. Hungary’s home ownership rate was 91.7% in 2021.

8. Montenegro
Home Ownership Rate: 91%

In 2022, Montenegro recorded a home ownership rate of 91% which slightly dropped from 91.5% in 2021. This ranks the country 8th on our list of countries with the highest home ownership rates.

7. Croatia
Home Ownership Rate: 91.1%

The rate of home ownership in Croatia was 91.1% in 2022. This rate averaged 90.06% from 2010 until 2023.

6. Serbia
Home Ownership Rate: 91.6%

Serbia’s home ownership rate was at an all-time high of 91.6% in 2022. The home ownership rate in the country was 89.4% in 2021.

25 Countries with the Highest Home Ownership Rates

In this article, we will be analyzing the booming home ownership statistics across the world while covering the 25 countries with the highest home ownership rates. If you wish to skip our detailed analysis, you can move directly to the 5 Countries with the Highest Home Ownership Rates. An...

finance.yahoo.com

 

[SexyChineseLady]

A kind of POV.

What's the real size of China's economy? - Asia Times

(Big time) I'm on my way, I'm making it (Big time) (Big time) I've got to make it show, yeah (Big time) (Big time) So much larger than life (Big time) I'm

asiatimes.com

x.com

x.com

View attachment 258662

It is obvious from consumption patterns even for things that should be bought mostly by the West like western luxury autos -- forget the mainstream consumerables like cellphones, refridgerators, AC or TVs (biggest purchases outside house and car) -- that the Chinese economy is MUCH bigger than the US.

Mercedes Benz, Audi, BMW, etc. all have Chinese sales in multiples of what they sell in the US.

Everything Chinese people consume is in multiples of the US -- except maybe for adult videos!

 

[skywatcher]

https://www.wsj.com/articles/india-could-help-the-u-s-to-tech-victory-over-china-dd624fe6

One question always baffles me. BBC says Indians are struggling in heating summer. But why not use air conditioners? even in some hospitals? It doesn't make sense to me.

I'm not sure how credible this source is. I'm not familiar with Indian climate or cultural tradition.

Hope @srevster can explain this weird phenomena.

 

[Azaad]

One question always baffles me. BBC says Indians are struggling in heating summer. But why not use air conditioners? even in some hospitals? It doesn't make sense to me.

I'm not sure how credible this source is. I'm not familiar with Indian climate or cultural tradition.View attachment 258739
Hope @srevster can explain this weird phenomena.

We love a good tan . The Han ought to try it too. You'd cease looking jaundiced for one , those slits that pass off for your eye sockets will rounden considerably & plenty of other health benefits like more Vitamin D

 

[MiG-29SMT]

One question always baffles me. BBC says Indians are struggling in heating summer. But why not use air conditioners? even in some hospitals? It doesn't make sense to me.

I'm not sure how credible this source is. I'm not familiar with Indian climate or cultural tradition.View attachment 258739
Hope @srevster can explain this weird phenomena.

The ownership of air conditioners in India has tripled since 2010, reaching 24 units per 100 households, due to rising heat and increased incomes. Electricity consumption for space cooling has increased 21% between 2019 and 2022, with nearly 10% of electricity demand in India now coming from cooling requirements. The International Energy Agency predicts that household air conditioner ownership will expand ninefold by 2050, outpacing the growth of other appliances. India has achieved self-sufficiency in petroleum refining capacity and has made significant progress in bringing electricity and clean cooking access to millions of people


Household air conditioner ownership is estimated to expand ninefold by 2050, outpacing the growth in ownership of all other household appliances including televisions, refrigerators and washing machines, the IEA’s World Energy Outlook has projected

https://www.hindustantimes.com/india-news/ac-use-rising-sharply-in-india-will-surpass-all-other-home-appliances-by-2050-report-101698169969128.html

One in 4 household so it is not bad and Indians enjoy cheaper houses than Chinese too

 

[rock127]

One question always baffles me. BBC says Indians are struggling in heating summer. But why not use air conditioners? even in some hospitals? It doesn't make sense to me.
I'm not sure how credible this source is. I'm not familiar with Indian climate or cultural tradition.View attachment 258739
Hope @srevster can explain this weird phenomena.

When you read articles from highly BIASED sources like Bullshit Broadcasting CH**ya or Al-Katua then expect everything is not well in India. They will keep smelling the backside of India and say all is smelly.

Heat has broke some records and electricity demands went high. Obviously the system will be in pressure specially some govt hospitals. They will intentionally go to those places where things are not right and show how bad is India. But they will not go where things are going good. They have dedicated India hating local brown "journalists" in India who collaborate for their daily dedicated columns of "Bad news from India".

Half truth is dangerous than a LIE.

BBC should better care for their white daughters breeded by local Paki mullas. They keep labeling them Asians and can't even name them. A country which is RULED by a Brown guy can't even find a white man for a PM. Worse is when the mator of London is a Paki mulla again.

India is slowly rising and MIDDLE CLASS is getting stronger and having high purchasing power.

 

[MiG-29SMT]

Chinese carmakers are losing their appetite for Europe after the EU imposed tariffs on their EVs



Lionel Lim
Thu, Jun 20, 2024, 7:13 PM GMT+92 min read

10
Europe's tariffs on Chinese-made EVs are already dragging down business sentiment among Chinese companies—and the new taxes aren't even in effect yet.
A recent survey from the China Economic Service and the China Chamber of Commerce to the EU reports that 82% of Chinese vehicle and industry chain firms are less confident about investing in Europe in the near future, due to the tariffs. Eighty-three percent say that their European partners are now worried about cooperating with Chinese companies, while 73% reported drops in European sales.

The survey covered more than 30 companies and institutions working with new energy vehicles, a category that includes battery electric vehicles and plug-in hybrids.
Chinese automotive companies face a "challenging business environment," the report said. The majority of companies polled agreed that "heightened trade tensions" were politicizing economic activities.
A building trade war
Last week, the European Commission said it will impose tariffs of up to 38% on Chinese-made electric vehicles, starting next month. The decision follows an anti-subsidy probe launched last October.
That decision could trigger a wider trade spat between China and Europe. The EU is probing several other industries including iron and steel, wind turbines, and medical devices.
Chinese automakers are urging Beijing to increase tariffs on internal combustion engine vehicle imports from Europe.
Beijing recently launched an anti-dumping probe into European pork, adding to a similar probe launched against European brandy earlier this year.
How will Chinese EV makers respond?
China's EV sector has emerged as a major driver of the Chinese economy, as companies like BYD and batterymaker CATL become major players in their respective sectors. Chinese manufacturers have rejected accusations that their success is due to state support.
Chinese EV makers could get around the tariff by setting up manufacturing operations in Europe. BYD and fellow Chinese carmaker Chery have committed to new plants in Hungary and Spain.
The Chamber's survey suggest that more Chinese carmakers could be thinking about basing more production in Europe. Even as many reported less confidence in investing in Europe, 64% of companies said they still planned to establish factories for Europe-based manufacturing within the next five years.
This story was originally featured on Fortune.com

 

[MiG-29SMT]

We love a good tan . The Han ought to try it too. You'd cease looking jaundiced for one , those slits that pass off for your eye sockets will rounden considerably & plenty of other health benefits like more Vitamin D

View attachment 258745

The chang is obviously ignorant, for example Mexico and india are in the same latitude

However if you go to mexico city

2,240 m above sea level.

At 2,240 meters, Mexico City is well above the limit, although lots of people visit with no symptoms of sickness at all. As you go up in altitude, available oxygen for sustaining mental and physical alertness decreases. Air pressure is lower even though the percentage of oxygen in the air is essentially the same.

Basically the weather is cool you do not get as hot as he might think simply because the temperature is not that hot see

Also materials of the house affect and size; a tall cieling and relatively big house makes house really pleasant

https://mexicocity.cdmx.gob.mx/e/basics-for-mexico-city-travel/altitude-sickness/#:~:text=At%202%2C240%20meters%2C%20Mexico%20City,air%20is%20essentially%20the%20same

.

2,625 m

Bogotá is the third-highest capital in South America and in the world after Quito and La Paz, at an average of 2,640 meters (8,660 ft) above sea level.


Bogota is even cooler than CDMX


any way having air conditioner is not a most since many cities are near the sea

The largest cities in mexico are not that hot see

so I think the chang is just boasting

In Brazil women go to the beach who needs AC if you have beautiful women on the beach?

 

[rockdog]

The chang is obviously ignorant, for example Mexico and india are in the same latitude
View attachment 258753

However if you go to mexico city

2,240 m above sea level.

At 2,240 meters, Mexico City is well above the limit, although lots of people visit with no symptoms of sickness at all. As you go up in altitude, available oxygen for sustaining mental and physical alertness decreases. Air pressure is lower even though the percentage of oxygen in the air is essentially the same.

Basically the weather is cool you do not get as hot as he might think simply because the temperature is not that hot see
View attachment 258754

Also materials of the house affect and size; a tall cieling and relatively big house makes house really pleasant

https://mexicocity.cdmx.gob.mx/e/basics-for-mexico-city-travel/altitude-sickness/#:~:text=At%202%2C240%20meters%2C%20Mexico%20City,air%20is%20essentially%20the%20same

.

2,625 m

Bogotá is the third-highest capital in South America and in the world after Quito and La Paz, at an average of 2,640 meters (8,660 ft) above sea level.


Bogota is even cooler than CDMX


any way having air conditioner is not a most since many cities are near the sea

The largest cities in mexico are not that hot see

View attachment 258755

so I think the chang is just boasting

View attachment 258756
View attachment 258757
In Brazil women go to the beach who needs AC if you have beautiful women on the beach?

Singapore’s founding father thought air conditioning was the secret to his country’s success

Singapore’s founding father thought air conditioning was the secret to his country’s success

Vox is a general interest news site for the 21st century. Its mission: to help everyone understand our complicated world, so that we can all help shape it. In text, video and audio, our reporters explain politics, policy, world affairs, technology, culture, science, the climate crisis, money...

www.vox.com

The total shipment of China’s air conditioner industry stood at 167 million units for FY2023, up 9.2% YoY, reaching a historic high, according to ChinaIoL.com. Among them, domestic shipment reached 102 million units with a rise of 16.9% YoY, hitting the 100-million-unit milestone for the first time, while export volume stood at 65.913 million units, down 0.8% YoY. Data from All View Cloud show that, the domestic retail sales volume of air conditioners at the Chinese market stood at 61.29 million units in FY2023, up 9.1% YoY, which was not as good as the retail sales performance of the sector in FY 2019.

News of Consumer electronics show - AWE Smart home show(Performance of China’s air conditioner industry in FY2023)

As Asia’s largest and one of the world’s top three international household appliance and consumer electronics expo,the AWE have prepared a lot of news to share new technology and industry trends of Co

en.awe.com.cn

 

[helin]

One question always baffles me. BBC says Indians are struggling in heating summer. But why not use air conditioners? even in some hospitals? It doesn't make sense to me.

I'm not sure how credible this source is. I'm not familiar with Indian climate or cultural tradition.View attachment 258739
Hope @srevster can explain this weird phenomena.