Chinese Economy Watch

AFTER THE tensions that have arisen in recent months between the United States and China, the North American has sought to relocate supply chains, finding in Colombia a great strategic ally for the purchase of various products.

According to data from the US Census Bureau, 17 Colombian products, which are part of the 108 tariff items identified by the Colombian American Chamber of Commerce, AmCham Colombia, within the framework of the US-China tension, increased their presence in the US market, after a lower supply from China.

In the first five months of 2024, according to figures from the office, exports of these 17 Colombian products reached US $885 million, and had a growth of 12%, from the US $790 million registered for the same period in 2023.


Products

On the other hand, the Chinese products that fell the most in the US, between January and May 2024 and that had a positive response in Colombia, were: butter, fat and cocoa oil, with shipments of US $2.8 million (+17%); tiles and elements for fireplaces, exporting US $1.3 million (+33%); hydrogen chloride, with sales of US $648,507 (+30%); and charcoal, with US $834,683 (+32%), respectively.


Likewise, other products stand out, such as vinyl chloride polymers (US $11.5 million); dates, figs, pineapples, avocados and mangoes (US $28.4 million); cereal flour (US $5.6 million); braided hats and headdresses (US $426,115); registration books, checkbooks and diaries (US $4.9 million); and fruits and edibles made from prepared plants (US$40.8 million), each.

“Non-mining and energy products continue to be the main driver of Colombian exports in the United States, particularly agriculture and manufacturing, which continue to take on more and more opportunities for the country. Legal security is essential to the goal of energizing productive sectors, promoting investment and strengthening the country's competitiveness at a regional level,” added Lacouture.

Business connections

Additionally, he pointed out that all Colombian companies can take advantage of this potential, which is why he mentioned that on September 10 and 11 AmCham Colombia will have a business roundtable with 200 buyers from the United States who will come to Bogotá to have business meetings with 400 exporters from the country.


Of the buyers from the United States that are already registered, there are companies that have distribution coverage in 25 states of the United States. The call is aimed at Colombian exporters in the agro-food and manufacturing sectors, including fashion and cosmetics. While participating US companies will include distributors, brokers, direct buyers, specialized companies, jewelry boutiques, supermarkets and, in general, companies looking for Colombian suppliers.



After the presentation of the US Government initiative, the Alliance for Economic Prosperity in the Americas (APEP), which seeks to strengthen supply chains and promote cooperation between allied Latin American countries, ‘friendshoring’ continues to set the tone for the reconfiguration of trade in the region.

APEP has added multilateral cooperation efforts such as the formation of programs for the development of a qualified workforce, cybersecurity and the application of new technologies. US Secretary of State Antony Blinken said that $3 billion will be allocated to sustainable projects that are in their consolidation phase, in addition to $30 million for cybersecurity in the region.

On this, Lacouture said that “although Colombia's geographic positioning makes it attractive, the country's potential for economic diversification stands out as one of the greatest attractions among the Latin American countries that are part of APEC.”





The demands do not stop and the Mexican government does not want to put its marriage at risk. It is right. In that sense, we can understand the recent decision of the Ministry of Economy to impose tariffs on 544 products, including footwear, wood, plastic, electrical material, musical instruments, furniture... and steel.The Ministry of Economy's statement is careful in its language. The word China is not mentioned in it. Secretary Raquel Buenrostro was also very cautious in her phrasing: tariffs are imposed to avoid unfair competition from countries with which we do not have trade agreements.

Shein, Temu, TikTok Shop: Are Chinese e-commerce platforms an existential threat?​



Their use of innovative technologies and ‘gamification’ tools places them at the forefront of the digital retail revolution. What are the secrets of their success and can the rest of the world measure up?​


Every once in a while I do enjoy a frivolous scroll through TikTok, but my feed is becoming increasingly saturated with people trying to sell me stuff.

From swimsuits and slippers to makeup and toilet rolls, everywhere I turn I'm bombarded with videos of influencers urging me to stock up on the latest trending product available to buy through TikTok shop.

As I continue to scroll, there are more videos of social media users decanting piles of new clothes from plastic Shein bags or ripping open bright orange packaging to reveal a host of items from Temu. It’s not just influencers endorsing these sites; in recent years, celebrities such as Katy Perry, Khloé Kardashian, Hailey Bieber and Rita Ora have all collaborated with Shein.
While Amazon and eBay continue to lead in digital retail, these platforms, along with Alibaba and JD.com, have gained significant popularity among UK consumers as the likes of Boohoo.com, Asos and Pretty Little Thing see their revenues slump.

Is there an existential threat to the UK and perhaps even the global e-commerce sector? Or are there lessons to be learned from their success?

Soaring popularity

By the end of 2023, Temu racked up a staggering £27bn in revenue, with Shein boasting a smaller – but no less impressive – $2bn (£1.5bn) in UK sales. Approximately 370 million items, worth $11bn, were sold via TikTok’s shopping arm in the UK in 2023, generating a total of $2.49bn for the platform.

Asos’s 2023 revenue, meanwhile, came in at £1.5bn, while sales at Boohoo and Pretty Little Thing stood at £1bn and £634m respectively.

“[Temu] really grew in the first six months of use in the UK,” says Paul Carter, CEO of consumer insights company GWS Magnify.

“At six months, it was up to 14 million monthly users. Even 17 months ago, Shein’s UK users were already at four million. By comparison, Amazon has around 25.5 million monthly users.”

The popularity of these platforms speaks to wider macroeconomic and social media trends: sites like Shein, Temu and TikTok Shop sell countless products at very low prices and are quick to tap into the latest home and fashion trends, often offering cheaper ‘dupes’ of more expensive mainstream brands to scores of cash-strapped consumers across the UK.

But with low prices can come low or inconsistent quality, with customers complaining about shoddy stitching or poor quality materials from some Chinese e-commerce platforms, produced in factories with less-than-ideal working conditions. In fact, workers’ rights campaigners have called for a potential Shein listing on the London Stock Exchange to be blocked, citing concerns around the company’s labour practices.

Consumption demands

Frightening stories have come from people who claim to have worked in the factories of some of these companies. In December 2020, a young woman died after finishing a shift at a factory owned by Pinduoduo, whose parent company PDD also owns Temu, sparking concerns that she died due to the infamous ‘996’ culture, where employees can work from 9am to 9pm, six days a week (some work even longer).

In 2021, Swiss advocacy group Public Eye reported that a number of workers across six Shein sites in Guangzhou, a city northwest of Hong Kong, were doing excessive overtime. According to the group, which interviewed 13 factory workers, excessive overtime is common.

The domination of these – and other ecommerce – platforms can also come at a high price for the environment. They are often accused of selling ‘fast fashion’ – inexpensive clothing rapidly mass produced to keep up with the latest trends. According to the UN Environment Programme, the fashion industry is the second biggest consumer of water and is responsible for almost 10% of global carbon emissions.

Poor product quality, working conditions and sustainability practices have “been an issue for as long as [e-commerce] platforms have been around,” says Michael Zakkour, founder of retail consultancy 5 New Digital. Even e-commerce behemoths like Amazon have “reams of paperwork” detailing complaints from customers.

“The easiest remedy for complaints,” says Zakkour, “is free returns. You don’t like it, you send it back. These new platforms now have the same policy.”
He also believes customers “know what the deal is” when buying products from these sites. If someone is “ordering a men’s polo shirt for £6, it might be OK when it gets to you, or it could suck”, he says.

Consumption is “human nature”, according to Michelle Lai, director of Yonder Consulting. “If you’re a 16 year-old and you want a new handbag or t-shirt, you’re going to shop where you can get it cheaper. Whether it’s been sourced ethically or dyed responsibly isn’t going to be a consideration.” She believes that there is a “mismatch” between what consumers say they want – ethically sourced, sustainable products – and the behaviour they exhibit – buying products that do not meet these standards.

“These platforms are simply answering a demand.”

The gamification of e-commerce

Aside from offering cheap products, much of what makes these sites so successful is the ‘gamification’ of online retail.

Zakkour says e-commerce is evolving into “immersive commerce” through the use of “gamification, 3D product pictures [and the] live streaming [of] shoppable content”.

“We’re connecting that ‘immersivity’ with online shopping, which has helped set the stage for the rise of these Chinese e-commerce platforms.”

Dr Paul Carter says these platforms take the consumer on a “purchase journey” to try to keep them in the app as long as possible, usually by enticing them with rewards or promotions – something with a “perceived urgency”. As the customer learns more about what products are available, these sites learn more about them and what their interests are – making them more likely to return frequently.

These platforms also spend “an incredible amount of money on digital advertising”, says Michael Zakkour. Last year, in fact, Temu spent $2.5m on digital advertising alone – “you can’t open a website or social media app without seeing those funky little Temu ads”. Two years ago, the company even bought two 30-second adverts during the Superbowl (one advert costs around $7m).

While their marketing may not be sophisticated, says Zakkour, they have mastered the algorithm that keeps people on their sites.

“People don’t shop anymore. Algorithms shop for them. The algorithm is telling them whether they like something or not, whether they are conscious of it or not. Once you set foot onto these sites, they use a very sophisticated algorithm to keep you coming back to buy more.”

The question of whether these platforms are an ‘existential threat’ to the UK – and potentially global – e-commerce sector could in part depend on how quickly established players can adopt some of these immersive technologies. Walmart is among those to bet on their importance. In May this year, it launched Walmart Realm, a “metaverse-style” immersive digital shopping platform, which allows shoppers to buy products from within three virtual environments.
 

Shein, Temu, TikTok Shop: Are Chinese e-commerce platforms an existential threat?​



Their use of innovative technologies and ‘gamification’ tools places them at the forefront of the digital retail revolution. What are the secrets of their success and can the rest of the world measure up?​


Every once in a while I do enjoy a frivolous scroll through TikTok, but my feed is becoming increasingly saturated with people trying to sell me stuff.

From swimsuits and slippers to makeup and toilet rolls, everywhere I turn I'm bombarded with videos of influencers urging me to stock up on the latest trending product available to buy through TikTok shop.

As I continue to scroll, there are more videos of social media users decanting piles of new clothes from plastic Shein bags or ripping open bright orange packaging to reveal a host of items from Temu. It’s not just influencers endorsing these sites; in recent years, celebrities such as Katy Perry, Khloé Kardashian, Hailey Bieber and Rita Ora have all collaborated with Shein.
While Amazon and eBay continue to lead in digital retail, these platforms, along with Alibaba and JD.com, have gained significant popularity among UK consumers as the likes of Boohoo.com, Asos and Pretty Little Thing see their revenues slump.

Is there an existential threat to the UK and perhaps even the global e-commerce sector? Or are there lessons to be learned from their success?

Soaring popularity

By the end of 2023, Temu racked up a staggering £27bn in revenue, with Shein boasting a smaller – but no less impressive – $2bn (£1.5bn) in UK sales. Approximately 370 million items, worth $11bn, were sold via TikTok’s shopping arm in the UK in 2023, generating a total of $2.49bn for the platform.

Asos’s 2023 revenue, meanwhile, came in at £1.5bn, while sales at Boohoo and Pretty Little Thing stood at £1bn and £634m respectively.

“[Temu] really grew in the first six months of use in the UK,” says Paul Carter, CEO of consumer insights company GWS Magnify.

“At six months, it was up to 14 million monthly users. Even 17 months ago, Shein’s UK users were already at four million. By comparison, Amazon has around 25.5 million monthly users.”

The popularity of these platforms speaks to wider macroeconomic and social media trends: sites like Shein, Temu and TikTok Shop sell countless products at very low prices and are quick to tap into the latest home and fashion trends, often offering cheaper ‘dupes’ of more expensive mainstream brands to scores of cash-strapped consumers across the UK.

But with low prices can come low or inconsistent quality, with customers complaining about shoddy stitching or poor quality materials from some Chinese e-commerce platforms, produced in factories with less-than-ideal working conditions. In fact, workers’ rights campaigners have called for a potential Shein listing on the London Stock Exchange to be blocked, citing concerns around the company’s labour practices.

Consumption demands

Frightening stories have come from people who claim to have worked in the factories of some of these companies. In December 2020, a young woman died after finishing a shift at a factory owned by Pinduoduo, whose parent company PDD also owns Temu, sparking concerns that she died due to the infamous ‘996’ culture, where employees can work from 9am to 9pm, six days a week (some work even longer).

In 2021, Swiss advocacy group Public Eye reported that a number of workers across six Shein sites in Guangzhou, a city northwest of Hong Kong, were doing excessive overtime. According to the group, which interviewed 13 factory workers, excessive overtime is common.

The domination of these – and other ecommerce – platforms can also come at a high price for the environment. They are often accused of selling ‘fast fashion’ – inexpensive clothing rapidly mass produced to keep up with the latest trends. According to the UN Environment Programme, the fashion industry is the second biggest consumer of water and is responsible for almost 10% of global carbon emissions.

Poor product quality, working conditions and sustainability practices have “been an issue for as long as [e-commerce] platforms have been around,” says Michael Zakkour, founder of retail consultancy 5 New Digital. Even e-commerce behemoths like Amazon have “reams of paperwork” detailing complaints from customers.

“The easiest remedy for complaints,” says Zakkour, “is free returns. You don’t like it, you send it back. These new platforms now have the same policy.”
He also believes customers “know what the deal is” when buying products from these sites. If someone is “ordering a men’s polo shirt for £6, it might be OK when it gets to you, or it could suck”, he says.

Consumption is “human nature”, according to Michelle Lai, director of Yonder Consulting. “If you’re a 16 year-old and you want a new handbag or t-shirt, you’re going to shop where you can get it cheaper. Whether it’s been sourced ethically or dyed responsibly isn’t going to be a consideration.” She believes that there is a “mismatch” between what consumers say they want – ethically sourced, sustainable products – and the behaviour they exhibit – buying products that do not meet these standards.

“These platforms are simply answering a demand.”

The gamification of e-commerce

Aside from offering cheap products, much of what makes these sites so successful is the ‘gamification’ of online retail.

Zakkour says e-commerce is evolving into “immersive commerce” through the use of “gamification, 3D product pictures [and the] live streaming [of] shoppable content”.

“We’re connecting that ‘immersivity’ with online shopping, which has helped set the stage for the rise of these Chinese e-commerce platforms.”

Dr Paul Carter says these platforms take the consumer on a “purchase journey” to try to keep them in the app as long as possible, usually by enticing them with rewards or promotions – something with a “perceived urgency”. As the customer learns more about what products are available, these sites learn more about them and what their interests are – making them more likely to return frequently.

These platforms also spend “an incredible amount of money on digital advertising”, says Michael Zakkour. Last year, in fact, Temu spent $2.5m on digital advertising alone – “you can’t open a website or social media app without seeing those funky little Temu ads”. Two years ago, the company even bought two 30-second adverts during the Superbowl (one advert costs around $7m).

While their marketing may not be sophisticated, says Zakkour, they have mastered the algorithm that keeps people on their sites.

“People don’t shop anymore. Algorithms shop for them. The algorithm is telling them whether they like something or not, whether they are conscious of it or not. Once you set foot onto these sites, they use a very sophisticated algorithm to keep you coming back to buy more.”

The question of whether these platforms are an ‘existential threat’ to the UK – and potentially global – e-commerce sector could in part depend on how quickly established players can adopt some of these immersive technologies. Walmart is among those to bet on their importance. In May this year, it launched Walmart Realm, a “metaverse-style” immersive digital shopping platform, which allows shoppers to buy products from within three virtual environments.
secret of their success

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Virtually entire' fashion industry complicit in Uighur forced labour, say rights groups

This article is more than 4 years old
Human rights coalition says cotton produced in camps in Xinjiang region finds its way into one in five cotton products worldwide

The complaint refers to the business system used by firms such as Temu and Shein to market a wide variety of products at prices below the average. Local trade organizations and some regulatory agencies accuse the scheme of being based on the abusive use of de minimis. This is a legal resource present in Mexican laws that refers to a value limit that allows goods valued below the threshold to be imported formally, but without paying duties, taxes and other related fees. The exemption in the Mexican market applies to goods with a value of less than 50 dollars.

He accused the instrument of allowing e-commerce applications to make up to 160,000 shipments per day on a box-by-box basis through parcel services without paying taxes. His calculations indicate that more than 3 million packages from Asia enter Mexico without paying taxes. He claimed that this causes losses to the public treasury of 38,000 million pesos.


 

China’s Industrial Profits Climb, Showing Manufacturing Strength​


Profits rose 3.6% in June from a year earlier, according to data released by the National Bureau of Statistics on Saturday. That compared with a year-on-year rise of 0.7% the month before. For the first half of the year, it climbed 3.5% to 3.5 trillion yuan ($484 billion).


0240815121132.jpg
 
secret of their success

View attachment 6604

Virtually entire' fashion industry complicit in Uighur forced labour, say rights groups

This article is more than 4 years old
Human rights coalition says cotton produced in camps in Xinjiang region finds its way into one in five cotton products worldwide

The complaint refers to the business system used by firms such as Temu and Shein to market a wide variety of products at prices below the average. Local trade organizations and some regulatory agencies accuse the scheme of being based on the abusive use of de minimis. This is a legal resource present in Mexican laws that refers to a value limit that allows goods valued below the threshold to be imported formally, but without paying duties, taxes and other related fees. The exemption in the Mexican market applies to goods with a value of less than 50 dollars.

Wel, western media also said the avocado industry is based on Mexican Cartels.

As cartels take a stake in ‘green gold,’ US and Mexico rethink how avocados reach American kitchens


123.jpg
 
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Wel, western media also said the avocado industry is based on Mexican Cartels.

As cartels take a stake in ‘green gold,’ US and Mexico rethink how avocados reach American kitchens


View attachment 6606
Currently, China remains the primary source of fentanyl and fentanyl-related substances trafficked throughinternational mail and express consignment operations environment, as well as the main source for allfentanyl-related substances trafficked into the United States. Seizures of fentanyl sourced from Chinaaverage less than one kilogram in weight, and often test above 90 percent concentration of pure fentanyl.



These chemicals are often shipped to the U.S. and other destinations from China using mail packages that have unverifiable addresses or are mislabeled, experts say. The U.S. Postal Service has for years struggled with the problem.



Online Sales of Illegal Opioids from China Surge in U.S.​



1723695800902.png
Seok Pheng Lim, an immigrant from Singapore, told a federal court in Chicago what sounded like the script of a crime movie. She described how she received bags full of money from unknown “Mexicans” in coffee shops and other businesses in New York. It was the first step in laundering millions of dollars from drug cartels through importers in Chinatown.

Lim described arriving at the agreed-upon location with the dealer’s phone number and a one-dollar bill. The initial approach was a text message asking what he was wearing to identify him. “Hi, I’m ‘Karen,’” she greeted him in code and handed him the bill.




1723696087063.png


What links the “El Mencho” cartel with the Chinese mafia and Zhenli Ye Gong
PGR investigations identified Ye Gon as an intermediary between “Los Cuinis”, the financial arm of the CJNG, and Chinese groups dedicated to the transfer of chemical precursors from Asia to Mexico
1723696643658.png


read clearly zambada is a criminal who is killing Americans who are humans and killing mexicans who are humans no China uber alles for me

Diiference between me and You for me el Chapo is a criminal for you CCP are innocent lambs
 
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Currently, China remains the primary source of fentanyl and fentanyl-related substances trafficked throughinternational mail and express consignment operations environment, as well as the main source for allfentanyl-related substances trafficked into the United States. Seizures of fentanyl sourced from Chinaaverage less than one kilogram in weight, and often test above 90 percent concentration of pure fentanyl.



These chemicals are often shipped to the U.S. and other destinations from China using mail packages that have unverifiable addresses or are mislabeled, experts say. The U.S. Postal Service has for years struggled with the problem.



Online Sales of Illegal Opioids from China Surge in U.S.​



View attachment 6608
Seok Pheng Lim, an immigrant from Singapore, told a federal court in Chicago what sounded like the script of a crime movie. She described how she received bags full of money from unknown “Mexicans” in coffee shops and other businesses in New York. It was the first step in laundering millions of dollars from drug cartels through importers in Chinatown.

Lim described arriving at the agreed-upon location with the dealer’s phone number and a one-dollar bill. The initial approach was a text message asking what he was wearing to identify him. “Hi, I’m ‘Karen,’” she greeted him in code and handed him the bill.




View attachment 6609


What links the “El Mencho” cartel with the Chinese mafia and Zhenli Ye Gong
PGR investigations identified Ye Gon as an intermediary between “Los Cuinis”, the financial arm of the CJNG, and Chinese groups dedicated to the transfer of chemical precursors from Asia to Mexico
View attachment 6610


read clearly zambada is a criminal who is killing Americans who are humans and killing mexicans who are humans no China uber alles for me

Diiference between me and You for me el Chapo is a criminal for you CCP are innocent lambs

Mexico, a leading producer of illicit fentanyl, can’t get enough for medical use, study finds​




At least you guys make drugs better than making cars, those cars are from big forgein brands, but cartels are ur local brands.
 

Mexico, a leading producer of illicit fentanyl, can’t get enough for medical use, study finds​




At least you guys make drugs better than making cars, those cars are from big forgein brands, but cartels are ur local brands.
what smart answer, how about Beccar-Mercedez Benz?
1723702716418.png

We have support for buses with Beccar bodywork!
Urbi G2. Urbi G3Urbus G3Urviabus G3Urviabus OFB340.
A world of parts for your Mercedes-Benz
Exteriors. Bumpers. Grilles. Headlights. Windshields. Wiper blades. Windows. Rearview mirrors

Mercedes benz mexico official website, plus you forget Mexico is top exporter of truck and buses

Definitively you make cars but also drugs, but like I said you Chinese drug dealers sell drugs, but since you are a fanatic you deny them
1723703020103.png

View: https://www.youtube.com/watch?v=orb9J7kQJNo

What Foton has to work with Beccar! Foton has minimun sales in Mexico Top Dog is Mercedes Benz and China sell 1/4 of what Mexico sells in Buses and Trucks.
In Truck still Foton not top dog and in Buses no presence
1723703334247.png
1723704410198.png


1723703476266.png

View: https://www.youtube.com/watch?v=cJNeB3Nmiks&t=4s

What also Volkswagen works with beccar!
Alliances make money
1723703955312.png

Dutch police have arrested the alleged boss of one of the world's largest drug gangs: Tse Chi Lop, who is nicknamed Asia's "El Chapo."

The Canadian citizen, born in China, is accused of being the head of the "The Company" organization, which dominates a US$70 billion illegal drug market in Asia

1723704000995.png
Chinese businessmen Tao Liu and Xizhi Li pleaded guilty to laundering millions of dollars for the Sinaloa Cartel in association with the former leader of the criminal group, Joaquín Guzmán Loera, known as El Chapo.
 
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Chinese Firms Are Changing Way They Go Global, Ernst & Young Says as China’s FDI Outflows Soar

Chinese Firms Are Changing Way They Go Global, Ernst & Young Says as China’s FDI Outflows Soar
Chinese Firms Are Changing Way They Go Global, Ernst & Young Says as China’s FDI Outflows Soar
(Yicai) Aug. 15 -- Chinese businesses’ overseas expansion strategy is shifting from the usual mergers & acquisitions to a more diversified approach, according to a recent report analyzing the strong surge in the country’s outbound foreign direct investment this year.

More Chinese companies are choosing greenfield investments, whereby the parent company sets up a subsidiary in a different country, and strategic partnerships to expand their global footprint, according to a report released by UK professional services network Ernst & Young’s China Overseas Investment Network yesterday.

Chinese firms going global have entered a stage of better quality and efficiency, said Zhou Zhaomei, global head of EY's China Overseas Investment Group. The enhancement of their core competitiveness and the leveraging of their strengths in innovation are expected to be key for them to penetrate overseas markets.

China’s overseas FDI soared 13.2 percent in the first half from a year earlier to USD85.3 billion, of which non-financial FDI jumped 16.6 percent to USD72.62 billion. Meanwhile, the value of overseas M&As by Chinese firms slumped 20.4 percent.

Southeast Asia and the Middle East are increasingly favored by Chinese investors thanks to their strong market potential and friendliness towards foreign investment, the report said. In terms of industries, electric cars, infrastructure and pharmaceuticals are popular.

Chinese companies along the new energy vehicle industrial chain are becoming more innovative and have developed technological strengths, London-based EY said. Almost all leading firms in the sector have built factories abroad.

During the period covered in the report, one battery manufacture said it would invest in a battery plant in Morocco, and other NEV makers have signed deals with local governments and other strategic partners to build factories in Spain, Slovakia, Thailand and Indonesia.

Chinese pharmaceutical companies usually adopt an out-licensing model, whereby they grant an organization in another country the rights to use their products or intellectual property, when expanding their global footprint. Their main markets are the US, the EU and emerging markets such as Association of Southeast Asian Nations and the Middle East. But they are also exploring new models of expanding abroad.

New contracts signed for overseas projects reached a new high in the first half, soaring 22 percent year on year to USD115.5 billion. Key projects include the China-Kyrgyzstan-Uzbekistan railway, in which the Chinese government is a major investor, and new data centers that the cloud arm of e-commerce giant Alibaba Group Holding plans to build in South Korea, Malaysia, the Philippines, Thailand and Mexico.
 
Chinese Firms Are Changing Way They Go Global, Ernst & Young Says as China’s FDI Outflows Soar

Chinese Firms Are Changing Way They Go Global, Ernst & Young Says as China’s FDI Outflows Soar
Chinese Firms Are Changing Way They Go Global, Ernst & Young Says as China’s FDI Outflows Soar
(Yicai) Aug. 15 -- Chinese businesses’ overseas expansion strategy is shifting from the usual mergers & acquisitions to a more diversified approach, according to a recent report analyzing the strong surge in the country’s outbound foreign direct investment this year.

More Chinese companies are choosing greenfield investments, whereby the parent company sets up a subsidiary in a different country, and strategic partnerships to expand their global footprint, according to a report released by UK professional services network Ernst & Young’s China Overseas Investment Network yesterday.

Chinese firms going global have entered a stage of better quality and efficiency, said Zhou Zhaomei, global head of EY's China Overseas Investment Group. The enhancement of their core competitiveness and the leveraging of their strengths in innovation are expected to be key for them to penetrate overseas markets.

China’s overseas FDI soared 13.2 percent in the first half from a year earlier to USD85.3 billion, of which non-financial FDI jumped 16.6 percent to USD72.62 billion. Meanwhile, the value of overseas M&As by Chinese firms slumped 20.4 percent.

Southeast Asia and the Middle East are increasingly favored by Chinese investors thanks to their strong market potential and friendliness towards foreign investment, the report said. In terms of industries, electric cars, infrastructure and pharmaceuticals are popular.

Chinese companies along the new energy vehicle industrial chain are becoming more innovative and have developed technological strengths, London-based EY said. Almost all leading firms in the sector have built factories abroad.

During the period covered in the report, one battery manufacture said it would invest in a battery plant in Morocco, and other NEV makers have signed deals with local governments and other strategic partners to build factories in Spain, Slovakia, Thailand and Indonesia.

Chinese pharmaceutical companies usually adopt an out-licensing model, whereby they grant an organization in another country the rights to use their products or intellectual property, when expanding their global footprint. Their main markets are the US, the EU and emerging markets such as Association of Southeast Asian Nations and the Middle East. But they are also exploring new models of expanding abroad.

New contracts signed for overseas projects reached a new high in the first half, soaring 22 percent year on year to USD115.5 billion. Key projects include the China-Kyrgyzstan-Uzbekistan railway, in which the Chinese government is a major investor, and new data centers that the cloud arm of e-commerce giant Alibaba Group Holding plans to build in South Korea, Malaysia, the Philippines, Thailand and Mexico.
CCP, Russia and India barely able to protect their investments so far when threat shows up. It won't change either. Be prepared to write off. West is very smart and got balls to play the game. Rest not so much and act like a obliged partner at best.
 
The Most Popular Car Brands in Asia
It shouldn't be a surprise to see that Asia is dominated by Asian brands. Chevrolet is the only American showing with just Kazakhstan under its belt. European brands perform just as weakly with none achieving top sales in more than one country. Toyota, of course, takes first place, outselling the competition in a round dozen countries.
1723762798446.png
BRAND TOP SELLER IN THIS MANY COUNTRIES OVERALL PERCENTAGE OF REGION

Chevrolet 3.33%
Fiat 3.33%
Honda 10%
Hyundai 6.66%
Isuzu 3.33%
Kia 6.66%
Lada 3.33%
Maruti Suzuki 3.33%
Mercedes 3.33%
Nissan 6.66%
Perodua 3.33%
Saipa 3.33%
Suzuki 3.33%
Toyota 12 40%

1723762633853.png
The Most Popular Car Brands in Europe
1723762332858.png
The success of the Asian companies continues into Europe with Toyota, again, bagging the most countries of any brand Volkswagen does best out of Europe's home-grown makers while the once-mighty Ford is outperformed by America's other representative, Tesla.
1723762954141.png
BRAND TOP SELLER IN THIS MANY COUNTRIES OVERALL PERCENTAGE OF REGION
Fiat 6.06%
Ford 3.03%
Hyundai 3.03%
Kia 3.03%
Lada 6.06%
Nissan 3.03%
Peugeot 3.03%
Renault 3.03%
Skoda 12.12%
Suzuki 3 .03 %
Tesla 6.06%
Toyota 30.30%
Volkswagen 15.15%

Volvo 3.03%


The Most Popular Car Brands in North America
In terms of dominated countries, the USA, once the trailblazer in automotive mass production, and the country with the world's most celebrated car culture, is now left supreme on just the mainland portion of its home continent. European manufacturers are nowhere to be seen in our table as Asia mops up what's left of North America.
1723762312250.png
BRAND TOP SELLER IN THIS MANY COUNTRIES OVERALL PERCENTAGE OF REGION
Ford 50%
Kia 25%
Toyota 25%
1723762868884.png

The Most Popular Car Brands in South America
1723762290033.png
Toyota takes another continent in terms of countries where it outsells any other brand. Chevrolet provides the US contingent while Ford fails to make a chart appearance on its continental neighbor. Fiat is the only European name on the list, but it scores two countries, equaling Chevrolet.

BRAND TOP SELLER IN THIS MANY COUNTRIES OVERALL PERCENTAGE OF REGION
Chevrolet 25%
Fiat 25%
Suzuki 12.50%
Toyota 37.50%
1723762263981.png
 
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From January to December 2023, 1,361,433 vehicles were sold in our country, and of that total, 14,045 correspond to electric units, which gives us a market share of 1.03%

Although penetration is low, during 2022 5,631 electric cars were sold, so they are gaining ground, and with the arrival of new Chinese brands, this 2024 we will see great changes.

According to JATO Dynamics, the ranking of the best-selling electric models from January to December 2023 in our country is as follows:

Place Accumulated Model Diff 2023/2022 %
1 Tesla Model Y 2,194 282%
2 JAC E10X 1,866 122%
3 Ford E-Transit 900 170%
4 Volvo XC40 747 254%
5 Tesla Model 3 664 10%
6 JAC Sunray 569 974%
7 Volvo C40 402 259%
8 BMW iX 346 80%
9 Volkswagen e-Crafter 229 N/A
10 MINI Cooper SE 212 -44%
Ten years after starting its path towards electromobility, and with a fleet of 1,186 electric delivery vehicles circulating in Mexico, Grupo Bimbo announces that in 2023 it will double this figure, reaching 2,508 electric vehicles in the country. These include:



  • 1,001 Vekstar Stellar brand vans, with 130 km autonomy and 1,300 kg load capacity, which were designed, developed, and assembled by Moldex exclusively to meet the needs of Grupo Bimbo, using light materials engineering for maximum use of spaces. In September 2022, the company announced the acquisition of these units for Bimbo and Barcel.
1723763928886.png
1723763986785.png

2000 Vekstars in Fleet wow going south will be easy , since Vekstar is mexican and 1/7 of electric vehicles bought in mexico were by vekstar in 2023
1723765664208.png

foton-beccar truck with cummins engine and transmission by basically a mostly western product
 
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China’s Electric Vehicles Lose Ground in EU After New Tariffs Take Effect


(Bloomberg) -- European Union tariffs slowed the influx of Chinese-made electric vehicles in July, as the bloc moved to protect its automakers from low-cost competition.

The number of new EVs that Chinese automakers like BYD Co. and SAIC Motor Corp.’s MG registered in the EU last month fell 45% from June, according to research from Dataforce, which compiled results across the 16 member countries that have reported July figures to date.



Listen to the Bloomberg Daybreak Europe podcast on Apple, Spotify or anywhere you listen.

The drop may have been exaggerated by carmakers rushing to get EVs to dealers before the added levies took effect July 5.

“We saw a huge push from Chinese manufacturers” to empty stockpiles in June, said Matthias Schmidt, an independent auto analyst based near Hamburg. “That likely caused an inventory burn.”

The provisional tariffs, which raise import duties to as high as 48%, are meant to shield an important EU industry from Chinese rivals that enjoy structural advantages in key areas such as battery technology that have benefited from state subsidies. Political tensions remain high, with Beijing threatening to retaliate amid talks to resolve the matter.

Overall, Chinese brands weren’t massively out of step with the 36% sequential slide in EV sales for the 16 countries tracked by Dataforce. BMW, Stellantis and Tesla also import Chinese-made EVs that are subject to the higher EU tariffs. The June spike was less pronounced for Western companies that were more cautious in managing their inventory, Schmidt said.

There’s little in the July figures to suggest Chinese brands have tempered their ambitions to expand in Europe.

From a standing start in 2019, MG, BYD and others have steadily grown — their share of the EU’s electric-car market stood at 8.5% in July, based on the Dataforce figures, up from 7.4% a year earlier. While EVs are still a small part of the European market, they’re set to dominate over time as combustion cars are phased out.

BYD sold three times more EVs in the 16 markets in July than it did a year earlier. MG, part of Chinese state-owned SAIC, posted a 20% drop in July from a year earlier, while Polestar sales declined 42%.

“BYD’s increases are really softening the fall” for Chinese brands, said Julian Litzinger, a Dataforce analyst.

China’s top-selling car brand is pressing on with its expansion in Europe. BYD’s sponsorship of the Euro 2024 football tournament in Germany exposed the company to 5 billion TV viewers.

For now, BYD’s pricing strategy in Europe remains unchanged after the tariffs. It expanded into Poland on Aug. 6, signaling it’s prepared to live with higher duties as it builds a new plant in Hungary.

The new tariffs were put in place after an EU probe found Beijing subsidizes its EV industry to an extent that causes economic harm to the bloc’s carmakers. MG is subject to an additional 37.6% duty on top of the existing 10% rate, while Volvo owner Geely Automobile Holdings Ltd. and BYD will pay 19.9% and 17.4% more, respectively. The levies will become permanent in November, barring a deal between Brussels and Beijing.

The tariff debate has coincided with a slowdown in global EV sales growth that’s put pressure on manufacturers across regions. EU policymakers are seeking to balance job protection with the goal of phasing out new fossil fuel-burning cars by 2035.

The Dataforce figures for July include the largest EU markets, such as Germany, France and Italy. Results for all 27 countries will be available later this month.

In Germany, Chinese brands made up 8% of vehicle registrations in July, down from 13% in June, according to Dataforce. In France, the drop was to 5% from 8%. In the UK, which isn’t an EU member, Chinese brands gained ground.

European manufacturers including Volkswagen AG and Stellantis NV have been sealing EV partnerships with Chinese counterparts to help lower costs and stay competitive. Chinese automakers are also speeding plans to assemble EVs in Europe.

BYD can afford to absorb the tariffs and move more decisively into Europe, said Schmidt, adding that a lack of shipping capacity is slowing its push.

“It is about perseverance,” Schmidt said. “They need to be tapping on the door in Europe if they want to make Europe work.”

 

Smartphone share in Southeast Asia for Q2: Canalys​



August 12, 2024

Research team at Canalys has revealed smartphone share of top players in Indonesia, Philippines, Thailand, Vietnam and Malaysia – key countries in Southeast Asia.

smartphone share in Southeast Asia Q2 2024


Canalys said Southeast Asia smartphone shipments rose 14 percent in Q2 2024 to 23.9 million units.

Xiaomi is the leader in the smartphone market in Indonesia with 20 percent share followed by Oppo with 19 percent; Vivo with 18 percent; Samsung with 18 percent; and Transsion with 15 percent.

Transsion is the leader in the smartphone market in the Philippines with 31 percent share followed by Samsung with 15 percent; Vivo with 14 percent; Xiaomi with 12 percent; and Realme with 11 percent.

Oppo is the leader in the smartphone market in Thailand with 20 percent share followed by Samsung with 19 percent; Xiaomi with 15 percent; Apple with 14 percent; and Vivo with 13 percent.

Oppo is the leader in the smartphone market in Vietnam with 27 percent share followed by Samsung with 21 percent; Xiaomi with 20 percent; Apple with 16 percent; and Vivo with 6 percent.

Xiaomi is the leader in the smartphone market in Malaysia with 18 percent share followed by Samsung with 16 percent; Vivo with 14 percent; Oppo with 13 percent; and Realme with 11 percent.

Southeast Asia market

Canalys report on southeast Asia phone market


Samsung saw a slight recovery after seven consecutive quarters of year-on-year decline, shipping 4.4 million units and capturing 18 percent market share.

OPPO (excluding OnePlus) reclaimed second position, shipping 4.2 million units for a market share of 17 percent.

In third place, Xiaomi’s push in the low end saw it close the gap with 4.0 million units and a market share of 17 percent.

Vivo recaptured fourth spot with 3.4 million units and 14 percent market share.

TRANSSION’s shipments slowed after a Q1 spike, finishing fifth with a 3.3 million shipment and a market share of 14 percent.

Canalys Analyst Le Xuan Chiew said smartphone vendors are optimizing product pricing strategies to capture the rebound. In the mass market segment, Xiaomi and TRANSSION lead with aggressive pricing and sales incentives, capitalizing on the region’s price sensitivity.

Xiaomi is expanding its channel presence. In Malaysia, according to Canalys’ monthly tracker, Xiaomi’s telco shipments have grown significantly since April, as it listed devices across all major telcos for the first time, driving volume with the affordable Redmi 13C 5G to align with government efforts to drive 5G devices to the masses.

OPPO, in addition to launching its A60 in the US$100-200 price segment, enhanced its presence in the mid-to-high-end market by introducing the Reno12 series and brought the popular A3 Pro series from mainland China to the Southeast Asian market.

Vivo’s dual-band strategy, with the Y03 for low-end and the V-series for mid-high segments, ensures healthy growth and a balanced product mix.

Vendor investment to develop high-end retail channels and experience stores in the region seems to be yielding positive results, with the premium segment seeing growth. The premium (above US$600) segment has grown 18 percent from 4.3 million units in H1 2023 to 5.1 million units in H1 2024.

Samsung has realigned its global strategy with laser focus on the high-end market. By investing heavily in marketing and creating exclusive pop-up events to showcase its AI capabilities, the company aims to enhance consumer awareness and drive device upgrades.

Apple grew 15 percent versus its H1 2023 results by expanding retail efforts in Vietnam and Malaysia, aggressive marketing, and Tim Cook’s Southeast Asia tour.
 

China’s Electric Vehicles Lose Ground in EU After New Tariffs Take Effect


(Bloomberg) -- European Union tariffs slowed the influx of Chinese-made electric vehicles in July, as the bloc moved to protect its automakers from low-cost competition.

The number of new EVs that Chinese automakers like BYD Co. and SAIC Motor Corp.’s MG registered in the EU last month fell 45% from June, according to research from Dataforce, which compiled results across the 16 member countries that have reported July figures to date.



Listen to the Bloomberg Daybreak Europe podcast on Apple, Spotify or anywhere you listen.

The drop may have been exaggerated by carmakers rushing to get EVs to dealers before the added levies took effect July 5.

“We saw a huge push from Chinese manufacturers” to empty stockpiles in June, said Matthias Schmidt, an independent auto analyst based near Hamburg. “That likely caused an inventory burn.”

The provisional tariffs, which raise import duties to as high as 48%, are meant to shield an important EU industry from Chinese rivals that enjoy structural advantages in key areas such as battery technology that have benefited from state subsidies. Political tensions remain high, with Beijing threatening to retaliate amid talks to resolve the matter.

Overall, Chinese brands weren’t massively out of step with the 36% sequential slide in EV sales for the 16 countries tracked by Dataforce. BMW, Stellantis and Tesla also import Chinese-made EVs that are subject to the higher EU tariffs. The June spike was less pronounced for Western companies that were more cautious in managing their inventory, Schmidt said.

There’s little in the July figures to suggest Chinese brands have tempered their ambitions to expand in Europe.

From a standing start in 2019, MG, BYD and others have steadily grown — their share of the EU’s electric-car market stood at 8.5% in July, based on the Dataforce figures, up from 7.4% a year earlier. While EVs are still a small part of the European market, they’re set to dominate over time as combustion cars are phased out.

BYD sold three times more EVs in the 16 markets in July than it did a year earlier. MG, part of Chinese state-owned SAIC, posted a 20% drop in July from a year earlier, while Polestar sales declined 42%.

“BYD’s increases are really softening the fall” for Chinese brands, said Julian Litzinger, a Dataforce analyst.

China’s top-selling car brand is pressing on with its expansion in Europe. BYD’s sponsorship of the Euro 2024 football tournament in Germany exposed the company to 5 billion TV viewers.

For now, BYD’s pricing strategy in Europe remains unchanged after the tariffs. It expanded into Poland on Aug. 6, signaling it’s prepared to live with higher duties as it builds a new plant in Hungary.

The new tariffs were put in place after an EU probe found Beijing subsidizes its EV industry to an extent that causes economic harm to the bloc’s carmakers. MG is subject to an additional 37.6% duty on top of the existing 10% rate, while Volvo owner Geely Automobile Holdings Ltd. and BYD will pay 19.9% and 17.4% more, respectively. The levies will become permanent in November, barring a deal between Brussels and Beijing.

The tariff debate has coincided with a slowdown in global EV sales growth that’s put pressure on manufacturers across regions. EU policymakers are seeking to balance job protection with the goal of phasing out new fossil fuel-burning cars by 2035.

The Dataforce figures for July include the largest EU markets, such as Germany, France and Italy. Results for all 27 countries will be available later this month.

In Germany, Chinese brands made up 8% of vehicle registrations in July, down from 13% in June, according to Dataforce. In France, the drop was to 5% from 8%. In the UK, which isn’t an EU member, Chinese brands gained ground.

European manufacturers including Volkswagen AG and Stellantis NV have been sealing EV partnerships with Chinese counterparts to help lower costs and stay competitive. Chinese automakers are also speeding plans to assemble EVs in Europe.

BYD can afford to absorb the tariffs and move more decisively into Europe, said Schmidt, adding that a lack of shipping capacity is slowing its push.

“It is about perseverance,” Schmidt said. “They need to be tapping on the door in Europe if they want to make Europe work.”



View: https://youtu.be/xyBGx4KI0Lo?si=mAVPXsRhmBIjRBd6
 

The Most Popular Car Brands in Asia


BRAND TOP SELLER IN THIS MANY COUNTRIES OVERALL PERCENTAGE OF REGION

Chevrolet 3.33%
Fiat 3.33%
Honda 10%
Hyundai 6.66%
Isuzu 3.33%
Kia 6.66%
Lada 3.33%
Maruti Suzuki 3.33%
Mercedes 3.33%
Nissan 6.66%
Perodua 3.33%
Saipa 3.33%
Suzuki 3.33%
Toyota 40%


if you understand the statistics you will understand the news you post Means globalization, in the same way Foton works with Beccar, globalization means coorporations cooperate not upon nationalism but upon profits, thus you can see byd works with Toyota; does it mean the Tariffs are not working in Europe or the USA? no it does not mean they are not working, it is simply globalization, tariffs and cooperation based upon profits, when you grow you will see why there is a world government.
 
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EXPORTSIn 2022 the top exporters of Motor vehicle chassis fitted with engine were Brazil ($484M), China ($424M), Sweden ($369M), India ($333M), and Japan ($268M).

IMPORTS
In 2022 the top importers of Motor vehicle chassis fitted with enginewere Malaysia ($152M), Chile ($147M), Mexico ($146M), United States ($128M), and Denmark ($125M).



If you see and read more you will find many companies build buses but not the chassis, the Foton-Beccar is an example for the Chinese Industry, however Brazil export mostly to latin american nations,

Does it mean we should be ashame?

No, not at all, profits and savings are what it is behind, swedish chassis are expensive thus they are used for high class buses in Latin America, in example Scania Beccar buses, a cheap mini bus like the Beccar-Foton bus is for cheaper budgets.

1723900410514.png
Beccar Scania european chassis and engine and Mexican bus body

1723900451209.png

Chinese Chasis, american engine and Mexican bus body for cheap and reliable mini bus


but why Chinese trucks are not sold in Mexico.


Top 10 Heavy Truck Brands Around The World
1. Dongfeng
2. Hino
3. IVECO
4. MAN
5. Mercedes Benz (Daimler Group)
6. Mitsubishi
7. Paccar Inc.
8. Scania
9. TATA

10. Volvo

Simply we buy American type trucks
 
Last edited:
EXPORTSIn 2022 the top exporters of Motor vehicle chassis fitted with engine were Brazil ($484M), China ($424M), Sweden ($369M), India ($333M), and Japan ($268M).

IMPORTS
In 2022 the top importers of Motor vehicle chassis fitted with enginewere Malaysia ($152M), Chile ($147M), Mexico ($146M), United States ($128M), and Denmark ($125M).



If you see and read more you will find many companies build buses but not the chassis, the Foton-Beccar is an example for the Chinese Industry, however Brazil export mostly to latin american nations,

Does it mean we should be ashame?

No, not at all, profits and savings are what it is behind, swedish chassis are expensive thus they are used for high class buses in Latin America, in example Scania Beccar buses, a cheap mini bus like the Beccar-Foton bus is for cheaper budgets.

View attachment 6997
Beccar Scania european chassis and engine and Mexican bus body

View attachment 6998

Chinese Chasis, american engine and Mexican bus body for cheap and reliable mini bus


but why Chinese trucks are not sold in Mexico.


Top 10 Heavy Truck Brands Around The World
1. Dongfeng
2. Hino
3. IVECO
4. MAN
5. Mercedes Benz (Daimler Group)
6. Mitsubishi
7. Paccar Inc.
8. Scania
9. TATA

10. Volvo

Simply we buy American type trucks

New vid


View: https://youtu.be/mcMNXNhhBuE?si=kh2bYyvJZi8MdRDn
 

honestly that video is a joke,

In Mexico most cars are ICE or internal combustion engine cars, in 2023 only 6000 EVs were sold in Mexico and 50% were European brands. and 1000 Were vekstars but bought by a parent company and not sold to the general public

Chinese cars are ICE in Mexico, 8% are Chinese brands, I mean all brands.

be realistic going south is not going to save EV cars brands from China.

If I am utterly honest, India and China have huge markets that even if only 1% buys cars and only .04% buy local brands we are talking millions of cars.

If China produces 30 million cars, 6 millions are exported and 20 million buy cars is aroung 1.5% of the total population buying new cars, perhaps 0.7% buy chinese cars that is around 8-9 million chinese cars.

Do Chinese or Indian brands have future yes that is a reality, I do not deny it.

But the real seller in Asia is Toyota and Japanese brands, In Europe is mostly European brands and some Japanese brands, in the US is mostly Ford and Toyota.

Reality is India and China have good brands

see


  • 1. Yutong (58,688 units) China
  • 2. Daimler (32,612 units) Germany
  • 3. King Long (26,450 units) China
  • 4. Golden Dragon (19,392 units) China
  • 5. Marcopolo S.A (15,831 units) Brazil
  • 6. Zhongtong (15,054 units) China
  • 7. MAN (13,972 units) Germany
  • 8. Higer Bus (11,412 units)
  • 9. Volvo Buses (9,731 units)
  • 10. Scania (7,777 units)

Mexican brands Dina makes around 380 Buses anualy and Beccar around 1100 buses, Ayco makes 3600 more so around 5000+ buses are made in mexico by local Brands

Currently, more than 3,500 units are produced annually and it has more than 50% of the domestic market share. AYCO has placed1723948168171.png


1723948210698.png

the name of ...


Top 10 Heavy Truck Brands Around The World
1. Dongfeng
2. Hino
3. IVECO
4. MAN
5. Mercedes Benz (Daimler Group)
6. Mitsubishi
7. Paccar Inc.
8. Scania
9. TATA India
10. Volvo

Ashok Leyland​

Another key player from India, Ashok Leyland Limited has been instrumental in driving the electric bus initiative in the subcontinent. The company held 32.1% share of the overall bus market in 2016 and contributed to electrification through its electric bus subsidiary Switch. The company launched the Switch brand as its all-electric arm and brought to market the EiV12.

Tata Motors​

A key player in India's automotive industry, Tata Motors has made significant strides in the electric bus sector. With their technology and market reach, they are a dominant force in the region. As of August 2023, Tata Motors boasts over 600 operational electric buses throughout India, marking a notable achievement in the country's push towards sustainable public transport. The company prides itself on designing these buses in-house while sourcing critical EV aggregates from internationally acclaimed vendors, ensuring a fusion of local innovation and global expertise.


So I will tell in capitalist economies the competition is common and China is a protectionist economy, China has no technology other countries do not have, China has dumping capabilities but so far no real technological advantage
1723949677602.png
this is a Dina D700 with chinese engine, i read the comments in facebook and many have bad opinion about chinese quality.
 
Last edited:
debate.withly that video is a joke,

In Mexico most cars are ICE or internal combustion engine cars, in 2023 only 6000 EVs were sold in Mexico and 50% were European brands. and 1000 Were vekstars but bought by a parent company and not sold to the general public

Chinese cars are ICE in Mexico, 8% are Chinese brands, I mean all brands.

be realistic going south is not going to save EV cars brands from China.

If I am utterly honest, India and China have huge markets that even if only 1% buys cars and only .04% buy local brands we are talking millions of cars.

If China produces 30 million cars, 6 millions are exported and 20 million buy cars is aroung 1.5% of the total population buying new cars, perhaps 0.7% buy chinese cars that is around 8-9 million chinese cars.

Do Chinese or Indian brands have future yes that is a reality, I do not deny it.

But the real seller in Asia is Toyota and Japanese brands, In Europe is mostly European brands and some Japanese brands, in the US is mostly Ford and Toyota.

Reality is India and China have good brands

see


  • 1. Yutong (58,688 units) China
  • 2. Daimler (32,612 units) Germany
  • 3. King Long (26,450 units) China
  • 4. Golden Dragon (19,392 units) China
  • 5. Marcopolo S.A (15,831 units) Brazil
  • 6. Zhongtong (15,054 units) China
  • 7. MAN (13,972 units) Germany
  • 8. Higer Bus (11,412 units)
  • 9. Volvo Buses (9,731 units)
  • 10. Scania (7,777 units)

Mexican brands Dina makes around 380 Buses anualy and Beccar around 1100 buses, Ayco makes 3600 more so around 5000+ buses are made in mexico by local Brands

Currently, more than 3,500 units are produced annually and it has more than 50% of the domestic market share. AYCO has placedView attachment 7033


View attachment 7034

the name of ...


Top 10 Heavy Truck Brands Around The World
1. Dongfeng
2. Hino
3. IVECO
4. MAN
5. Mercedes Benz (Daimler Group)
6. Mitsubishi
7. Paccar Inc.
8. Scania
9. TATA India
10. Volvo

Ashok Leyland​

Another key player from India, Ashok Leyland Limited has been instrumental in driving the electric bus initiative in the subcontinent. The company held 32.1% share of the overall bus market in 2016 and contributed to electrification through its electric bus subsidiary Switch. The company launched the Switch brand as its all-electric arm and brought to market the EiV12.

Tata Motors​

A key player in India's automotive industry, Tata Motors has made significant strides in the electric bus sector. With their technology and market reach, they are a dominant force in the region. As of August 2023, Tata Motors boasts over 600 operational electric buses throughout India, marking a notable achievement in the country's push towards sustainable public transport. The company prides itself on designing these buses in-house while sourcing critical EV aggregates from internationally acclaimed vendors, ensuring a fusion of local innovation and global expertise.


So I will tell in capitalist economies the competition is common and China is a protectionist economy, China has no technology other countries do not have, China has dumping capabilities but so far no real technological advantage
View attachment 7036
this is a Dina D700 with chinese engine, i read the comments in facebook and many have bad opinion about chinese quality.

then go and debate with CNBC.
 

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