Earlier quoted context omitted.
Looks like militarism and imperialism are not compatible at that crazy new 21th century world. IMO, that's a good development. I hope it lasts.
Uh, and what would that mean for the United States? China hasn’t been at war with anyone for decades.
China's manufacturers are going broke
81–90 of 229 posts
Re: China's manufacturers are going broke
#82Re: China's manufacturers are going broke
#83America: lots of profit, no product.
Maybe we can borrow from each other? I can think of a bunch of sclerotic industries in America that need to have their margins driven to zero.
Re: China's manufacturers are going broke
#84Earlier quoted context omitted.
Looks like militarism and imperialism are not compatible at that crazy new 21th century world. IMO, that's a good development. I hope it lasts.
The US government has put a lot of effort into isolating China from the Phillippines. It's just statecraft and covert influence campaigns, nothing to do with the moral supremacy of anti-imperialism. Moralizing arguments such as this one are FUD.
Re: China's manufacturers are going broke
#85Earlier quoted context omitted.
Looks like militarism and imperialism are not compatible at that crazy new 21th century world. IMO, that's a good development. I hope it lasts.
The US government has put a lot of effort into isolating China from the Phillippines. It's just statecraft and covert influence campaigns, nothing to do with the moral supremacy of anti-imperialism. Moralizing arguments such as this one are FUD.
Re: China's manufacturers are going broke
#86These are some staggering numbers: 52 thousand Chinese EV companies shut down last year. Xi Jinping (successfully) stimulated EV and semiconductor manufacturing through massive government investment and loans. The problem is that so many companies were funded that they are now viciously driving each other out of business through oversupply. Because the supply chain networks are so dense, each bankruptcy easily cascad…
> With such a large field of vicious competition Other than BYD (which has a strong product market fit and a very strong technical foundation in both battery tech and automotive development), where can the competition export? Every major automotive market has preemptively or actively placed tariffs on Chinese automotive exports straight from China. SAIC, GAG, GAC, BAIC, BYD, etc will all have to either ToT IP, open d…
You see, there is a 1.5m-2m new car market right next to China, completely abandoned by western players. And another 500k-1m market in Central Asia, where General Motors neocolonialist monopoly is waiting for disruption.
Of course it's not US or EU-sized market, but realistically, in the best case scenario I'd expect China to have at most 20% of US or EU. Here, they can take it all.
Re: China's manufacturers are going broke
#87> Hengchi, an electric-vehicle (ev) maker owned by Evergrande, a failed property developer, told investors that two of its subsidiaries had been forced into bankruptcy. The group originally aimed to sell 1m evs a year by 2025; amid feverish competition it sold just 1,389 last year. When you miss sales targets by 99.9% it’s got to be more than a competition problem
Similar policy PRC used when building up solar and battery industries. Subsidise a hundred companies, and few will come out as winners. Reportedly with real estate issues and semi trade war economy is facing headwinds and PRC is scaling down subsidies.
Re: China's manufacturers are going broke
#88Earlier quoted context omitted.
Looks like militarism and imperialism are not compatible at that crazy new 21th century world. IMO, that's a good development. I hope it lasts.
The US government has put a lot of effort into isolating China from the Phillippines. It's just statecraft and covert influence campaigns, nothing to do with the moral supremacy of anti-imperialism. Moralizing arguments such as this one are FUD.
https://en.wikipedia.org/wiki/Timeline_of_the_South_China_Se...
Re: China's manufacturers are going broke
#89I live in China, and what I see is quite the opposite.
Re: China's manufacturers are going broke
#90Earlier quoted context omitted.
VN - Vietnam SK - South Korea JP - Japan FDI - Foreign Direct Investment RoI - Return on Investment JV - Joint Venture ToT - Transfer of Technology ?
You two are funny. Looks a bit like good cop, bad cop. Informative, though!