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China is the manufacturing superpower
301–310 of 315 posts
Re: China is the manufacturing superpower
#302Earlier quoted context omitted.
you can't look at "Manufacturing" and translate that to military capability. what you manufacture is very important. Nothing china has can compete with the airpower capabilities of the west. A single F35 has the capabilities no amount of chinese planes can match.
J-20 vs F-35 https://simpleflying.com/china-j-20-vs-us-f-35-evaluating-mo...
so a very fast untested fighter with very limited armament vs. something that can't be detected by any known radar and has flown thousands of combat missions, with multiple different version, including one with VTOL and can do air to air, surface to air, and even nukes?
It wouldn't be close at all. The j20's wouldn't be able to detect the f35 and the F35 can hit it with an air to air missle 350 miles out.
From the Article you linked:
""“The J-20, in my estimation, would be dead long before it had the ability to maneuver against either the F-22 or the F-35. It’s got enough spikes on it to where the radar returns on it are likely to be much more significant, which means that the F-22 and the F-35 can see it a lot farther away.”
Re: China is the manufacturing superpower
#303Earlier quoted context omitted.
>... It is impossible for independent resellers to compete with the manufacturer. Yes, those who manipulate the legislature to do rent seeking, might lose those profits when the law is removed. That is actually a feature, not a problem. >...We do, because these dealers make the market more efficient. Again, independent economists and the Dept of Justice don't agree with you.
>Yes, those who manipulate the legislature to do rent seeking, might lose those profits when the law is removed. That is actually a feature, not a problem. As I said, independent dealers provide liquidity to the auto market. When there is only one buyer or seller in any other case, we call it price gouging or price fixing. Additionally, the "extra profits" or savings (in some cases) actually do contribute to maximum…
>...When there is only one buyer or seller in any other case, we call it price gouging or price fixing.
Having one buyer or seller of a product or service is neither called "price gouging" or "price fixing".
>...Additionally, the "extra profits" or savings (in some cases) actually do contribute to maximum satisfaction of consumers.
There is really no evidence of that. (The basic concept of rent seeking is covered in any econ101 micro textbook.)
>...For example, if the only dealers were run by manufacturers then they could unilaterally decide that cars over 5 years old will never be repurchased, dooming those deals to private transactions with zero warranty, or else second-tier used-only retailers.
What a strange idea.
>...Again, appeals to authority do nothing for me.
No, that wasn't an appeal to authority.
Re: China is the manufacturing superpower
#304Re: China is the manufacturing superpower
#305I remember how until quite recently, the West viewed the East, particularly China, as a backward region. People would even dismissively use the term 'Chinese junk'. In a remarkably short time, that perception has completely flipped. Now it's the West that seems to be falling behind...
When did this flip? What do the Chinese make in high quality besides silk, EVs, and Orwellian tyranny?
smartphones
Re: China is the manufacturing superpower
#306Earlier quoted context omitted.
Port capacity and equipment scale, willingness to engage in toxic processing, etc carry far more weight, IMHO. China has a lock on various electronic production streams by having a lock on most of the rare earth processing and dealing with the low level radioactive waste by products. One billion tonnes of raw iron ore per year flows from my state of Western Australia to China for steel production - the machinery, dig…
I can't help but say that Australia is basically the stupidest country on the planet (at least amongst Western democracies, since one could say modern Russia is stupider, but that's a whole another cultural debate). It's like the degenerate alcoholic who's willing to prostitute their mother for a bar tab. A country so blessed with some of the most important natural resources, a country whose geography is synonymous w…
Australia isn't a Western democracy, they are all the way in the east. UAE isn't either.
Re: China is the manufacturing superpower
#307It's not too bad if you consider that China is 17.6% of the world population; suddenly around 30% of manufacturing share doesn't seem that high. However, India at 3% is pretty eye-opening, but this is gradually shifting not just because of the China+1 strategy but due to the larger growing market (read: increase in standard of living / spending capacity / GDP per capita) in India and also government measures such as high import duties on high-volume goods such as smartphone (eg: Samsung's mobiles factory in Noida is the largest mobiles factory in the world [0] (India's market for mobiles (non-smartphones) is still relatively large)).
[0] https://news.samsung.com/in/samsung-inaugurates-worlds-large...
Re: China is the manufacturing superpower
#308Earlier quoted context omitted.
Many of the claims you're making here are outdated, or just outright false. For example, the 51% requirement does not apply in most industries any more. It was a transitional measure as China opened up its economy to foreign investment, to prevent foreign companies from instantly taking over or outcompeting every Chinese company. But that measure has been rolled back over the years, and now only applies in particular…
>But that measure has been rolled back over the years, and now only applies in particular industries. I would like to know where you saw this. Not to be a jerk but I've never heard this and I'm more informed than most. >Tesla 100% owns its operations in China, as do more and more foreign companies. Tesla is the first one to have that arrangement. https://en.wikipedia.org/wiki/Gigafactory_Shanghai What about this? htt…
> I would like to know where you saw this. Not to be a jerk but I've never heard this and I'm more informed than most.
You just mentioned an example yourself: automobiles. This isn't specialized knowledge. You can read about China's JV policy, and how the list of affected industries has shrunk over time.
> They can mandate Tesla to export 100% of the cars at any time if they feel it threatens the local industry.
Anyone could theoretically do anything in the future. They haven't. In fact, they've been extremely welcoming to Tesla.
Re: China is the manufacturing superpower
#309Earlier quoted context omitted.
>Yes, those who manipulate the legislature to do rent seeking, might lose those profits when the law is removed. That is actually a feature, not a problem. As I said, independent dealers provide liquidity to the auto market. When there is only one buyer or seller in any other case, we call it price gouging or price fixing. Additionally, the "extra profits" or savings (in some cases) actually do contribute to maximum…
>...When there is only one buyer or seller in any other case, we call it price gouging or price fixing. Having one buyer or seller of a product or service is neither called "price gouging" or "price fixing". >...Additionally, the "extra profits" or savings (in some cases) actually do contribute to maximum satisfaction of consumers. There is really no evidence of that. (The basic concept of rent seeking is covered in…
>Having one buyer or seller of a product or service is neither called "price gouging" or "price fixing".
If you want to be technical, yes. But the two go hand in hand. We have laws to promote competition and the law requiring manufacturers to not sell directly to consumers is one of them. Even if this is technically rent-seeking, it isn't very bad.
>What a strange idea.
It may sound strange but manufacturers have a tendency toward planned obsolescence. They make things to wear out in obnoxious and expensive ways, and restrict access to parts, so far as the law will allow. Nevertheless resale value is important for cars, independent dealers improve market efficiency and the liquidity of cars, etc. I believe manufacturers would abuse their position as exclusive dealers of their products. Tesla sure has.
Re: China is the manufacturing superpower
#310Earlier quoted context omitted.
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How are so many people finding these stale comments to mess with me?
>I recommend you stop.
I consider this brigading as well. I am within my rights to call it like I see it. If some anonymous internet guy is actually offended that another anonymous internet guy is accusing him of a relatively minor thing deep in the bowels of a stale comment section, so be it. Grow up.