Chinese Economy Watch

View attachment 25398

As of January 3, 2025, Shanghai has the highest monthly minimum wage among 31 provinces (RMB 2,690/US$370 per month), and Beijing has the highest hourly minimum wage (RMB 26.4/US$3.7 per hour).

28 regions – Anhui, Beijing, Chongqing, Fujian, Gansu, Guangdong (including Shenzhen), Hainan, Hebei, Heilongjiang, Henan, Hubei, Hunan, Jiangsu, Jiangxi, Inner Mongolia, Jilin, Liaoning, Ningxia, Shaanxi, Shandong, Shanghai, Shanxi, Sichuan, Tianjin, Tibet, Xinjiang, Yunnan, and Zhejiang – have surpassed the RMB 2,000 (US$275) mark in their monthly minimum wage standards.

When we talk about per GDP, you talked about mininum wage only,
when we talk about life expectancy you you talked about mininum wage only,
when we talk about murder rate you you talked about mininum wage only,
when we talk about R&D you you talked about mininum wage only ...

Now you see who is making propaganda.


View: https://x.com/MaxCRoser/status/1131263228804251649?t=RIKj2wLhVcnxDHGGRSQLCA&s=19


View: https://x.com/NuanceBro/status/1871060302739251327?t=szzXgrkH7GClWnXFUVb9cA&s=19

476277444_3478741089089464_514761968550203305_n.webp


BTW why Mexico has lowest hospital rate? Just because there are too much murders so people don't know bed in hospital? Smart Mexican governemnt!

2.webp
 
When we talk about per GDP, you talked about mininum wage only,
when we talk about life expectancy you you talked about mininum wage only,
when we talk about murder rate you you talked about mininum wage only,
when we talk about R&D you you talked about mininum wage only ...

Now you see who is making propaganda.


View: https://x.com/MaxCRoser/status/1131263228804251649?t=RIKj2wLhVcnxDHGGRSQLCA&s=19


View: https://x.com/NuanceBro/status/1871060302739251327?t=szzXgrkH7GClWnXFUVb9cA&s=19

View attachment 25399


BTW why Mexico has lowest hospital rate? Just because there are too much murders so people don't know bed in hospital? Smart Mexican governemnt!

View attachment 25400

You are asking others to believe Chinese data?
 
propaganda Man does not know what is export controls. He thinks nations make technology isolated.

Technology is the product of cooperation fool, and even the USA shares and gets technology from other nations.
View attachment 25396

Mexico Launches National Semiconductor Design Center “Kutsari” to Boost Technological Innovation​

08.02.25 - Mexico - Pressenza New York

y MBN Staff | MBN staff - Thu, 02/06/2025 - 13:40


Mexico has officially launched the "Kutsari" project, a national initiative to strengthen the country's semiconductor industry. Announced by President Claudia Sheinbaum on Feb. 6, 2025, the program aims to position Mexico as a key player in semiconductor design and manufacturing.

The initiative, led by the Ministry of Sciences, Humanities, Technology, and Innovation (SECIHTI) includes the establishment of the National Semiconductor Design Center and a network of design hubs in Puebla, Jalisco, and Sonora. The primary goal is to enhance domestic design capabilities through collaborations with public higher education institutions. The project also proposes legal reforms to streamline patent registration, enabling faster commercialization of semiconductor technologies.

“The National Semiconductor Design Center unites scientists, technology developers, and higher education institutions to design innovative semiconductors. We will expedite the patent process to ensure these designs can be commercialized and integrated into public and private enterprises,” said President Sheinbaum.

Rosaura Ruiz, Minister, SECIHTI, highlighted Mexico’s strong foundation in semiconductor research, with over 40 years of experience in manufacturing. She noted that the project’s initial phase will focus on chip design, with plans to produce traditional or "legacy" chips to meet domestic demand in industries like automotive, home appliances, and medical devices.

“Semiconductor-based systems are essential to modern life. Mexico has invested in research, technological development, and advanced training at the master’s and doctoral levels. Now, we must consolidate these efforts to strengthen the industry,” said Edmundo Gutiérrez, National Coordinator, Semiconductor Project, and Director General, Innovation and Welfare.

Mexico currently imports more than US$20 billion in semiconductors annually for sectors such as electronics, telecommunications, and automotive. The Kutsari project seeks to reduce this dependence by fostering local production and attracting investment in semiconductor technology.

In addition to design and manufacturing, the initiative includes creating a supportive legal and regulatory framework. The Mexican Institute of Industrial Property (IMPI) is prioritizing efforts to strengthen patent registration in the semiconductor sector.

“We need to reinforce the culture of patenting in Mexico, especially in semiconductors, to ensure national innovations are protected and commercialized,” said Santiago Nieto, Director General, IMPI. In 2024, only 6.38% of the 16,189 patent applications received by IMPI were from Mexican nationals.

The government also plans to establish a semiconductor manufacturing facility in the medium term, with the National Institute of Electricity and Clean Energy (INEEL) spearheading the development of prototypes. These efforts will focus on applications in telecommunications, satellites, and medical devices, aiming to advance Mexico’s role in the global semiconductor ecosystem.


Kutsari Project seeks to leverage Mexico's 40 years of experience in chip research and development

El Heraldo de México
Feb 9, 2025
The Kutsari Project, recently announced by President Claudia Sheinbaum, aims to leverage Mexico's four decades of experience in semiconductor research and development to position the country as a leader in this industry. This effort will materialize in the creation of the National Center for Semiconductor Design, which will have offices in Puebla, Jalisco, and Sonora. The project seeks to consolidate collaboration between scientists, technology developers, and higher education institutions to promote semiconductor design and innovation


View: https://www.youtube.com/watch?v=CC0qWSufCl0





1.webp


Your whole nation including forgein companies only invested $5B on R&D ...
A single Huawei invested $22B in 2024,


Why you guys just don't do math?





123.webp
 
When we talk about per GDP, you talked about mininum wage only,
when we talk about life expectancy you you talked about mininum wage only,
when we talk about murder rate you you talked about mininum wage only,
when we talk about R&D you you talked about mininum wage only ...

Now you see who is making propaganda.



I think you should be the last person talking about homicide & gun related crimes, 小胖子 , for your masters the CCP more than compensate for their slaves's peaceabilty. You actually come from a country where the maximum civilian deaths were caused by the guns of the CCP once upon a time .

Besides, those homicides in Mexico are also turf wars over the business of fentanyl which the CCP is trafficking in at the moment. So yes, your contribution to gun related violence & homicides in Mexico is well established .

Check out your per capita Carbon footprint levels & general carbon footprint across China. Also good to see you've finally acknowledged China as a developed country. Just a year ago both you & sexychineselady were both arguing China's a developed country. What changed ? Memo from the MSS ?
BTW why Mexico has lowest hospital rate? Just because there are too much murders so people don't know bed in hospital? Smart Mexican governemnt!

View attachment 25400
Check out Mexico's & China's population & you'd see they have enough beds for the sick in the population. Besides why does China have so many beds / 1000 ? Anticipating another Wuhan virus pandemic or the original one is still around?
 
There are no "third parties" that can report Chinese data, all Chinese data comes from your politburo

If you had basic college eduation, you should know for 1.4B class nation, data exists in every aspect in every sectors, Politburo couldn't release millions of data for such big economy.

Lots of data available on 3rd parties, like this:


6a0120a5580826970c02dad0ca6c17200d.webp


If 3rd party or commercial data and official data had too big gap, people would know.
And most forgein companies who is doing prediction and budget based on them. Capital is always smarter than fanboys.
 
If you had basic college eduation, you should know for 1.4B class nation, data exists in every aspect in every sectors, Politburo couldn't release millions of data for such big economy.

Lots of data available on 3rd parties, like this:


View attachment 25403


If 3rd party or commercial data and official data had too big gap, people would know.
And most forgein companies who is doing prediction and budget based on them. Capital is always smarter than fanboys.
Let's see, show me Chinese data for homicides.
 
Chinese manufacturing economy cannot be matched. It is all built by Americans with a trillion dollars FDI. Chinese just stood there and provided the labour. Now they have unmatched experience as well as marketing skill to deliver. No force in the near future can change that. Even Americans are afraid of Chinese supply chain power. Trump after too much noise went easy on them with 10% tariff. Any more and inflation in America will go sky rocketing. Hence China plus one is a slow process to disentangle from them. …….

Top five regions for direct investment in China from 1978 to 2024

1 Hong Kong
2 Singapore
3 Taiwan
4 Japan
5 South Korea

Total U.S. direct investment in China is less than $150 billion

Perhaps it will make Indians feel better that you are not far behind in the race to attract US investment
 
It's Net FDI.

If you combine the news with China had $1T trade surplus in 2024, you would know reason.
There is no relation b/w net FDI and trade surplus

Generally, More FDI-> more exports-> more surplus

What's collapse in net FDI to do with increase in trade surplus?
 
There is no relation b/w net FDI and trade surplus

Generally, More FDI-> more exports-> more surplus

What's collapse in net FDI to do with increase in trade surplus?

Trade surplus means Chinese local brands not only makes good local products, but also export.

Why Nokia and IBM don't do FDI in China? Since they lost edges and we can make substitution and also export.

Understand this logic?
 
Trade surplus means Chinese local brands not only makes good local products, but also export.

Why Nokia and IBM don't do FDI in China? Since they lost edges and we can make substitution and also export.

Understand this logic?
If Chinese market has become unattractive for Nokia and IBM, it has zero bearing on the quantum of exports. Local brands can only replace the export market left by Nokia and IBM by it's own products. Total exports remain the same.
Stop spewing bullshit
 
There is no relation b/w net FDI and trade surplus

Generally, More FDI-> more exports-> more surplus

What's collapse in net FDI to do with increase in trade surplus?

In 2024, China's industry-wide outward direct investment reached 1,159.27 billion yuan, up 11.3% year-on-year (US $162.78 billion, up 10.1%).Among them, Chinese domestic investors made non-financial direct investment in 9,400 overseas enterprises in 151 countries and regions, with a cumulative investment of 1,024.45 billion yuan, up 11.7% (US $143.85 billion, up 10.5%).

-------
Chinese TV manufacturers have invested in Vietnam and Mexico,

and 60% of their spare parts need to be sent from China.
 
When we talk about per GDP, you talked about mininum wage only,
when we talk about life expectancy you you talked about mininum wage only,
when we talk about murder rate you you talked about mininum wage only,
when we talk about R&D you you talked about mininum wage only ...

Now you see who is making propaganda.


View: https://x.com/MaxCRoser/status/1131263228804251649?t=RIKj2wLhVcnxDHGGRSQLCA&s=19


View: https://x.com/NuanceBro/status/1871060302739251327?t=szzXgrkH7GClWnXFUVb9cA&s=19

View attachment 25399


BTW why Mexico has lowest hospital rate? Just because there are too much murders so people don't know bed in hospital? Smart Mexican governemnt!

View attachment 25400

I do not think you use the brain very often.

When you claim China to be richer you do not address basics facts


Minimum wage means the minimal income a person must have under the law of a given country, this is supposedly to cover for basic needs, so here where your little brain can not comprehend, minimum wage also refers to the ability to be enough to buy things upon the local prices.


Now China highest minimum wage is USD$ 370 dollars, Mexico is USD 600 Dollars.

does it mean Mexican live better? well it depends upon the Prices.

The retail price range for China beef is between US$ 7.05 and US$ 9.91 per kilogram or between US$ 3.20 and US$ 4.49 per pound(lb)


The retail price range for Mexico beef is between US$ 2.47 and US$ 3.45 per kilogram or between US$ 1.12 and US$ 1.57 per pound(lb). Click here to see today's exact prices of beef in Mexico

Lower Salary in China but higher price for beef no wonder why you have gutter oil


As is the case anywhere in the world, your biggest expense in Mexico will likely be housing. Though housing prices everywhere have increased in recent years, Mexico still has plenty of bargains compared to the U.S. and Canada. When it costs $200,000 for a house that you’d pay at least twice the price for back home, you’re left with savings you can spend on living well.

The cost of housing, whether you’re renting or buying, will vary greatly depending on where you want to live. Unsurprisingly, homes near the beach and in resort areas will be more expensive than those in the central highlands or localities with fewer tourists or expats, though you should be able to buy a nice house in a good neighborhood for $150,000 or less nearly anywhere in the country. Of course, you could easily spend much more—it all depends upon your lifestyle.
City Average House Price (per sqm),
Aug 2024 Average House Price (per unit),
Aug 2024 Average House Price (per sqm
)
Aug 2024 vs Aug 2023
Shenzhen RMB 72,911 (USD 10,262) RMB 8.95 M (USD 1.26 M) ↑
Shanghai RMB 66,533 (USD 9,355) RMB 7.93 M (USD 1.11 M) ↓
Beijing RMB 61,750 (USD 8,682) RMB 6.86 M (USD 0.96 M) ↓
Guangzhou RMB 43,581 (USD 6,127) RMB 5.48 M (USD 0.77 M) ↓
Note: PBOC exchange rate as of August 2024 is 1 USD = RMB 7.13420.
Data Source: China's House Price Information Platform
. For a family of four, estimated monthly expenses without rent average around 2,016.1 USD (14,583.5 CNY), while a single person’s estimated monthly costs are approximately 556.8 USD (4,027.2 CNY). These estimates suggest that living in China is notably less expensive than in the United States
In USD, the estimated cost of living for a family of four (not including rent) in some of the more popular Mexico cities among US expatriates include:

  • San Miguel de Allende: $3,360
  • Merida: $2,760
  • Playa del Carmen: $2,570
  • Santiago de Querétaro: $2,680
  • Guadalajara: $2,610
  • Tijuana: $2,560
  • Cancun: $2,830
 
Last edited:
I do not think you use the brain very often.

When you claim China to be richer you do not address basics facts


Minimum wage means the minimal income a person must have under the law of a given country, this is supposedly to cover for basic needs, so here where your little brain can not comprehend, minimum wage also refers to the ability to be enough to buy things upon the local prices.


Now China highest minimum wage is USD$ 370 dollars, Mexico is USD 600 Dollars.

does it mean Mexican live better? well it depends upon the Prices.

The retail price range for China beef is between US$ 7.05 and US$ 9.91 per kilogram or between US$ 3.20 and US$ 4.49 per pound(lb)


The retail price range for Mexico beef is between US$ 2.47 and US$ 3.45 per kilogram or between US$ 1.12 and US$ 1.57 per pound(lb). Click here to see today's exact prices of beef in Mexico

Lower Salary in China but higher price for beef no wonder why you have gutter oil


As is the case anywhere in the world, your biggest expense in Mexico will likely be housing. Though housing prices everywhere have increased in recent years, Mexico still has plenty of bargains compared to the U.S. and Canada. When it costs $200,000 for a house that you’d pay at least twice the price for back home, you’re left with savings you can spend on living well.

The cost of housing, whether you’re renting or buying, will vary greatly depending on where you want to live. Unsurprisingly, homes near the beach and in resort areas will be more expensive than those in the central highlands or localities with fewer tourists or expats, though you should be able to buy a nice house in a good neighborhood for $150,000 or less nearly anywhere in the country. Of course, you could easily spend much more—it all depends upon your lifestyle.
. For a family of four, estimated monthly expenses without rent average around 2,016.1 USD (14,583.5 CNY), while a single person’s estimated monthly costs are approximately 556.8 USD (4,027.2 CNY). These estimates suggest that living in China is notably less expensive than in the United States
In USD, the estimated cost of living for a family of four (not including rent) in some of the more popular Mexico cities among US expatriates include:

  • San Miguel de Allende: $3,360
  • Merida: $2,760
  • Playa del Carmen: $2,570
  • Santiago de Querétaro: $2,680
  • Guadalajara: $2,610
  • Tijuana: $2,560
  • Cancun: $2,830

Minimun wage is more made by government policy, don't represent the wage reality. At least i don't see any people working in Shanghai got 2500RMB per month.

Look how bad Mexican eat and mulnutrion. Plus terrible hospital rate...

2.webp

Global Hunger Index

Mexico is typical Latin America nation.

0001.webp

0002.webp





85558.webp

0005.webp
 
When we talk about per GDP, you talked about mininum wage only,
when we talk about life expectancy you you talked about mininum wage only,
when we talk about murder rate you you talked about mininum wage only,
when we talk about R&D you you talked about mininum wage only ...

Now you see who is making propaganda.


View: https://x.com/MaxCRoser/status/1131263228804251649?t=RIKj2wLhVcnxDHGGRSQLCA&s=19


View: https://x.com/NuanceBro/status/1871060302739251327?t=szzXgrkH7GClWnXFUVb9cA&s=19

View attachment 25399


BTW why Mexico has lowest hospital rate? Just because there are too much murders so people don't know bed in hospital? Smart Mexican governemnt!

View attachment 25400

Rank Country deaths/1,000 population Date of Information


9 Russia 14 2024 est.
Germany 12 2024 est.

18 Japan 11.9 2024 est.
35 France 10 2024 est.
36 Spain 10 2024 est.
53 United Kingdom 9.2 2024 est.
95 China 7.7 2024 est.
119 Brazil 7 2024 est.
134 Mexico 6.5 2024 est.


134 Mexico 6.5 2024 est.

yes more hospital beds because you have older people who are more sick than younger people in Mexico Your little brain did not allow you to think that
 

Latest Replies

Featured Content

Trending Threads

Back
Top