Chinese Economy Watch

[E-195]

View: https://x.com/CarlZha/status/1882635533408743815?t=BQJLpOSAWB9rbQZfK06Gpg&s=19

tomorrow i pack and move to China, certainly I will be allowed to Practice Christianity with freedom, Xi is so kind to Christians I am sure as he is so kind to uighurs

 

[rockdog]

tomorrow i pack and move to China, certainly I will be allowed to Practice Christianity with freedom, Xi is so kind to Christians I am sure as he is so kind to uighurs

Dude, he is Mexican, he would feel safe during night in most east Asia nations.

Since he is Mexican, Mexican!

 

[E-195]

Dude, he is Mexican, he would feel safe during night in most east Asia nations.

Since he is Mexican, Mexican!

there are many reasons you do not mention.

First to immigrate means you need to adapt to another country so it means read, write and speak, something that seems simple but will hinder foreigners to move to China specially western ones used to read with an Alphabet.

Safety is probably better in China than in Mexico, however Mexico is not at war, the violence does exist but most Mexicans die of Diabetes of heart attack so is an exaggeration what you post.

Considering that China life standards are similar to Mexico, and both nations are behind Poland, Russia and far far from Sweden or Norway.

Do I want to live in Japan? not really, do I want to live in China? much much less, as a western person Japan offers me more freedom, but compared to Italy or Australia is an Alien society full of a culture that is shallow and materialistic, the reality, China as well as Japan are not societies welcoming foreigners, add China is like Japan previous to WWII, full of Chinese nationalism and Jingoism, I would not live there, you are Chinese, me not, in few words I do not believe your post since I live in Asia and I know Asians, Asians are humans and many are good people but live here is not paradise, and remember Japan is better off than China.

 

[rockdog]

there are many reasons you do not mention.

First to immigrate means you need to adapt to another country so it means read, write and speak, something that seems simple but will hinder foreigners to move to China specially western ones used to read with an Alphabet.

Safety is probably better in China than in Mexico, however Mexico is not at war, the violence does exist but most Mexicans die of Diabetes of heart attack so is an exaggeration what you post.

Considering that China life standards are similar to Mexico, and both nations are behind Poland, Russia and far far from Sweden or Norway.

Do I want to live in Japan? not really, do I want to live in China? much much less, as a western person Japan offers me more freedom, but compared to Italy or Australia is an Alien society full of a culture that is shallow and materialistic, the reality, China as well as Japan are not societies welcoming foreigners, add China is like Japan previous to WWII, full of Chinese nationalism and Jingoism, I would not live there, you are Chinese, me not, in few words I do not believe your post since I live in Asia and I know Asians, Asians are humans and many are good people but live here is not paradise, and remember Japan is better off than China.

Another mexican in China



View: https://x.com/zapatas_mom/status/1927226084346507515?t=FdpzUCrbmTItebweIG6lqg&s=19



View: https://x.com/zapatas_mom/status/1927909069689389119?t=zh3L8nQBuLl2FdCKOlIGLg&s=19


View: https://x.com/zapatas_mom/status/1928231820899794957?t=PXcj5DLL6qvkqwj8jv9gPg&s=19


View: https://x.com/zapatas_mom/status/1927953453474562093?t=cW3DhhcQCL4-m9KjR8hhmA&s=19

 

[E-195]

Another mexican in China



View: https://x.com/zapatas_mom/status/1927226084346507515?t=FdpzUCrbmTItebweIG6lqg&s=19



View: https://x.com/zapatas_mom/status/1927909069689389119?t=zh3L8nQBuLl2FdCKOlIGLg&s=19


View: https://x.com/zapatas_mom/status/1928231820899794957?t=PXcj5DLL6qvkqwj8jv9gPg&s=19


View: https://x.com/zapatas_mom/status/1927953453474562093?t=cW3DhhcQCL4-m9KjR8hhmA&s=19

who do you think you can lie to?

there are very few Mexicans living in China, so first do not lie, most Mexicans live in the USA where around 50 million Mexicans live, second do not be a liar you spent close to 2 decades to learn to write Chinese and I know that without a computer your Chinese is going to be worse since the memorizing of Chinese characters takes too much time and is basically useless.

To be functional in China you need to read and write and most foreigners are not functional in fact the woman is writing in English to an American Audience, so relax you will not lie to me. since the Japanese suffer a lot with Ideograms and they simplified their language with Hiragana and Katakana and still the Japanese writing system is crap.


Mexicans residing in China 2020

Total residents: 2,956

https://www.gob.mx/cms/uploads/attachment/file/684012/China_mundo20.pdf

 

[E-195]

https://finance.yahoo.com/news/us-suspends-sales-us-technologies-005016668.html

WASHINGTON (Reuters) -The United States has suspended some sales to China of critical U.S. technologies, including those related to jet engines to Chinese state-owned aerospace manufacturer COMAC, the New York Times reported on Wednesday.

COMAC is developing its own commercial planes to compete with dominant planemakers Airbus and Boeing, but China does not yet have suitable homegrown engines and remains reliant on imports.


Citing two people familiar with the matter, the New York Times said the move was in response to China's recent restriction on exports of critical minerals to the U.S.

The newspaper said the department had suspended some licenses that allowed U.S. firms to sell products and technology to COMAC to develop its C919 aircraft, according to one person familiar with the matter.

The U.S. Commerce Department told Reuters in a statement that it was reviewing exports of strategic significance to China. "In some cases, Commerce has suspended existing export licenses or imposed additional license requirements while the review is pending," it said.

Aviation equipment is among the sectors affected, three people familiar with the matter told Reuters.

COMAC did not immediately respond to a request for comment.

A spokesperson for the Chinese Embassy in Washington told Reuters: "China firmly opposes the US's overstretching the concept of national security, abusing export controls, and maliciously blocking and suppressing China."


COMAC's single-aisle C919 plane is made in China but many of its components come from overseas, including its LEAP-1C engine made by a joint venture between GE Aerospace and France's Safran. GE Aerospace did not offer an immediate comment.

The C919 - designed to compete with best-selling narrow-body models from Airbus and Boeing - entered service in China in 2023 after winning domestic safety certification in 2022.

Eighteen C919s are currently in operation, according to aviation intelligence provider ch-aviation, and they fly only within mainland China and Hong Kong.

GE was first granted a license to sell the C919's LEAP engines to COMAC in 2014. Early in 2020, the United States weighed whether to deny GE's latest license request for the engine, but President Donald Trump's first administration granted it.

"I want China to buy our jet engines, the best in the World," Trump said in February that year. "I want to make it EASY to do business with the United States, not difficult."

(Reporting by Jasper Ward, Karen Freifeld, David Shepardson, Lisa Barrington, Sophie Yu; Editing by Cynthia Osterman and Jamie Freed)

 

[E-195]

The U.S. has just turned up the heat on China's aviation ambitions. According to the New York Times, the Trump administration has blocked the export of critical jet engine parts and technology to China, directly hitting the engines powering the country's flagship C919 passenger jet. The move suspends key licenses that allowed GE Aerospace (NYSE:GE) to supply LEAP enginesbuilt through its joint venture with France's Safranto state-owned Comac. A spokesperson for the Commerce Department confirmed it's now reviewing exports of strategic significance to China, adding that some licenses are being paused or hit with new requirements during the review.

This could be a serious problem for China's push to build a homegrown alternative to Boeing and Airbus. Comac has reportedly stockpiled enough GE-Safran engines to keep production rolling for now, but if the export pause drags on, that cushion could vanish fast. GE didn't comment, and neither did Comac, but the broader message from Washington is clear: China's access to high-end Western techespecially in critical sectors like aviation and semiconductorsis no longer guaranteed. This follows a broader U.S. crackdown on chip design software and other tools China needs to compete globally.


For investors, the ripple effects could extend beyond GE. Any U.S. company with deep exposure to Chinaespecially in sectors labeled strategicmay want to brace for more regulatory headwinds. Safran's position as a European partner adds another layer of complexity. Could we see future supply chain fragmentation in global aerospace? Possibly. What's certain is this: the U.S.-China tech war just moved from semis to skies and this round might ground more than just planes.

https://www.yahoo.com/finance/news/trump-just-hit-chinas-jet-174256126.html

 

[E-195]

On May 8, Mr. Liu from Weifang, Shandong, told the media that two years ago he bought a Song Pro from the local Maohé BYD 4S dealership. At the time, he bought a three-year joint warranty and paid all three years of insurance at once. As May 30 approaches, when the third year’s insurance should start, he found the dealership had closed and the employees’ wages were unpaid. Mr. Liu said they created a group for protecting their rights. Most of the 300 members in the group face problems with the three-year warranty and don’t know where to get after-sales service. They reported the issue to BYD, but the company has not responded.

View: https://www.youtube.com/watch?v=SJWcJrKi0GM
A major BYD dealer group in eastern China, Qiancheng Holdings, collapsed, leaving thousands of customers with prepaid services and deposits in limbo. Qiancheng blamed BYD's policy changes for cash flow issues, while BYD cited Qiancheng's rapid expansion and poor management. This highlights the tension between traditional dealerships and EV direct-to-consumer models amid intense market competition. Affected customers are seeking legal action for resolution.



View: https://www.youtube.com/watch?v=4sc0oyyzsS4