Chinese Economy Watch

[rockdog]

China has 4x us population, 2x energy output means you use half the us energy per capita

Yes, but considering their GDP share, some service sectors of USA unreasonable high, like healcare and legal related.

As of my last update, litigation costs in the United States were estimated to account for around 1.5% to 2% of GDP. This figure includes expenses related to legal services, court costs, and related litigation activities.

U.S. health care spending grew 4.1 percent in 2022, reaching $4.5 trillion or $13,493 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 17.3 percent. For additional information, see the downloadable files below.

This is the sign of how de-industrilization of USA, lawyers and doctors need very few of electricity.



The only top two players on AI is USA and China, both have money and electricity.


View: https://youtu.be/z4JoHpEO_BM?si=pjdALwxIk3dKa-Q8




Chinese two famouse projects:

INTERACTIVE: China’s West-East Electricity Transfer Project​

INTERACTIVE: China’s West-East Electricity Transfer Project

CEF is proud to announce that we are launching our first interactive infographic – a map of China’s West-East Electricity Transfer Project. The map underscores China’s energy and water imbalances and the looming choke point China faces in terms of water, food, and energy security. The map also...

www.wilsoncenter.org

How is China's "Eastern Data Western Compute"（东数西算) developing?​

How is China's "Eastern Data Western Compute"（东数西算) developing?

A progress report on China's plan to boost "computing power" through nationwide cloud computing infrastructure

sinocities.substack.com

 

[rockdog]

India’s entire fiscal budget is $575 billion, China’s debt is $600 billion. Gives you a perspective on the scale of your debt accumulation

Why using India fiscal budget to compare Chinese debt, you should using China fiscal revence.

??? ???

China's general public budget revenue increased 6.4 percent year on year to exceed 21 trillion yuan (about 2.96 trillion U.S. dollars) in 2023

Plus HK, Chinese budget revence is around 6 times of India, same ratio of GDP Gap

 

[srev2004]

Yes, but considering their GDP share, some service sectors of USA unreasonable high:





This is the sign of how de-industrilization of USA, lawyers and doctors need very few of electricity.



The only top two players on AI is USA and China, both have money and electricity.


View: https://youtu.be/z4JoHpEO_BM?si=pjdALwxIk3dKa-Q8




Chinese two famouse projects:

INTERACTIVE: China’s West-East Electricity Transfer Project​

INTERACTIVE: China’s West-East Electricity Transfer Project

CEF is proud to announce that we are launching our first interactive infographic – a map of China’s West-East Electricity Transfer Project. The map underscores China’s energy and water imbalances and the looming choke point China faces in terms of water, food, and energy security. The map also...

www.wilsoncenter.org

How is China's "Eastern Data Western Compute"（东数西算) developing?​

How is China's "Eastern Data Western Compute"（东数西算) developing?

A progress report on China's plan to boost "computing power" through nationwide cloud computing infrastructure

sinocities.substack.com

why are we debating this. The stats are easily available.

China is #34 on energy consumption per capita,

USA is #10 on energy consumption per capita:


Qatar and Singapore are #1,#2

 

[srev2004]

Why using India fiscal budget to compare Chinese debt, you should using China fiscal revence.

??? ???

China’s budget is $2.96 T and USA is $6.13 T. Both countries are falling further and further into debt with $575 B for China and $1.6 T per year for US. This compounds on an annual basis and eventually becomes a problem.

For India, the current deficit is easily bridged by FDI, remittances and future growth in the fiscal budget. China’s fiscal budget only grew 1.3%; where as India’s 2024-2025 budget estimates total expenditure of Rs 48,20,512 crore, which is 8.5% higher than the actual expenditure in 2023-2024. India’s tax revenues also grew 11.3%




India has observed faster growth in tax revenue

 

[rockdog]

China’s budget is $2.96 T and USA is $6.13 T. Both countries are falling further and further into debt with $575 B for China and $1.6 T per year for US. This compounds on an annual basis and eventually becomes a problem.

For India, the current deficit is easily bridged by FDI, remittances and future growth in the fiscal budget. China’s fiscal budget only grew 1.3%; where as India’s 2024-2025 budget estimates total expenditure of Rs 48,20,512 crore, which is 8.5% higher than the actual expenditure in 2023-2024. India’s tax revenues also grew 11.3%

View attachment 8133


India has observed faster growth in tax revenue

Good for India, but this is still a mistake you compare Indian revneue to Chinese debt here, it's bizarre.

In this thread, i don't have interest on researching India economy.

 

[srev2004]

Good for India, but this is still a mistake you compare Indian revneue to Chinese debt here, it's bizarre.

In this thread, i don't have interest on researching India economy.

I’m not going to entertain propaganda. China engages in propaganda to build a narrative. My goal is to create discourse that introduces criticality and introspection on Chinese economy

 

[helin]

dodged question, trying to boast.

You simply do not understand globalization

That's not important.

What's important is the following

The most successful country in globalisation over the past three decades is often said to be China.

 

[rockdog]

I did not say that China will control the chip market only that the Dutch will essentially create the atmosphere and ingredients to produce a true competitor, which may be a China company to ASML and that competitor cannot be constrained by US or EU directives or sanctions.

 

[Nutcracker]

View attachment 8175

So where is Consumer grade Chinese 6nm EUV x86/ARM processor ?

 

[Azaad]

China manufacturing contracts for fourth straight month

Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world's second-largest economy's struggle to recover. The non-manufacturing PMI, which includes services, was in positive territory in August at...

m.economictimes.com

 

[Azaad]

View: https://youtu.be/LjNh31QP3ps?si=5DPNYbLl75GpjXDT

 

[helin]

So where is Consumer grade Chinese 6nm EUV x86/ARM processor ?

Huawei is expected to launch a new Kirin 9100 processor (equivalent to 5nm) later this year, and rumors suggest that the Mate70 series flagship phone will be the first to adopt it.

China's euv waits a little longer, about 36 months.

 

[rockdog]

Huawei is expected to launch a new Kirin 9100 processor (equivalentech 5nm) later this year, and rumors suggest that the Mate70 series flagship phone will be the first to adopt it.

China's euv waits a little longer, about 36 months.

So where is Consumer grade Chinese 6nm EUV x86/ARM processor ?

The current DUVs from ASML and chinese company SMEE, by 2nd or 3rd exposures, would make 7nm chips. Those complicated processes got helps from ex-experts from TSMC.

Chinese whole supply chain of EUV kept silent for 48 months already, some leaked info said will be on trial stage in 36 months.

And the supply chains also trying some other ways, like they tried EV tech 15 yrs ago.

By optical, or printing or accelerator.


View: https://youtu.be/fk38BdJlujk?si=XLGc5vV2sDY59oqG


View: https://youtu.be/EFZgw01vtMw?si=3ucWduHsyHVwtm-A


View: https://youtu.be/1m9uw8Q6MK4?si=zROJEEyeT8ApMRNz

 

[helin]

Saudi Arabia seeks Chinese tech as it reinvents itself as industrial hub

Saudi minister of industry to visit Guangzhou and Hong Kong on week-long East Asia tour to boost ties and explore joint ventures.

www.scmp.com

 

[FalconSlayers]

View: https://x.com/lakshmishaks/status/1830626275058163944

 

[helin]

 

[helin]

China's tech firm Huawei introduces AI initiatives in Saudi Arabia​

(Xinhua) 08:49, September 03, 2024

Alan Qi, president of Huawei Cloud Middle East and Central Asia, speaks at the Huawei Cloud Summit Saudi Arabia 2024 in Riyadh, Saudi Arabia, on Sept. 2, 2024. China's technology giant Huawei on Monday announced several artificial intelligence (AI) initiatives to facilitate Saudi Arabia's digital transformation and support its government program Saudi Vision 2030. (Huawei/Handout via Xinhua)

RIYADH, Sept. 2 (Xinhua)-- China's technology giant Huawei on Monday announced several artificial intelligence (AI) initiatives to facilitate Saudi Arabia's digital transformation and support its government program Saudi Vision 2030.

Under the initiatives, the company will present advanced AI capabilities to the country, including technologies for providing ubiquitous computing, reduced costs, more secure data, and a better service experience from the edge cloud, so as to contribute to Saudi Arabia's economic diversification efforts, the company said at the Huawei Cloud Summit Saudi Arabia 2024 held Monday in Riyadh.

Alan Qi, president of Huawei Cloud Middle East and Central Asia, said during the event that the company's cloud service has served more than 300 customers in Saudi Arabia, such as ministries, top telecom carriers, media companies, and most of the Chinese businesses operating in Saudi Arabia.

The company's public cloud business revenue in Saudi Arabia increased 10 times in 2023, Qi noted.

According to Huawei, the event on Monday, gathering over 600 participants, showcasing the company's innovative ecosystem resources as well as its latest developments of key AI technologies, especially AI-ready model training and inference.

​

People pose for a group photo at a signing ceremony during the Huawei Cloud Summit Saudi Arabia 2024 in Riyadh, Saudi Arabia, on Sept. 2, 2024. China's technology giant Huawei on Monday announced several artificial intelligence (AI) initiatives to facilitate Saudi Arabia's digital transformation and support its government program Saudi Vision 2030. (Xinhua/Wang Haizhou)

 

[E-195]

I did not say that China will control the chip market only that the Dutch will essentially create the atmosphere and ingredients to produce a true competitor, which may be a China company to ASML and that competitor cannot be constrained by US or EU directives or sanctions.

I am of the idea most nations will develop technology but these will be joint ventures, transnational companies will rule

 

[E-195]

That's not important.

What's important is the following

The most successful country in globalisation over the past three decades is often said to be China.

pure propaganda no leap engine just crap, multinational projects will beat crap chinese projects like airbus and leap engines

 

[rockdog]

View attachment 8282

Same as India