Chinese Economy Watch

rockdog said:

View: https://youtu.be/7wwa8O8_xUI?si=Vsdc35qf7q6A1D_l
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Only 40% ? I thought it would have been close to 100% . I don't think any of the Indian Battery Pack OEMs have any captive mine or refine lithium here nor have they developed the battery chemistry indigenously.

However , if it's actually 40% then it's excellent news . It means we've developed alternate sources . Hence there's a good chance we could bring down the percentage we get from China further.
 
Azaad said:
[URL unfurl="true" meGDP,="youtube:N1OpfuUDfro"]
View: https://youtu.be/N1OpfuUDfro?si=ygXcSd8wL51ZEmO7[/URL]

As pointed out plenty of times in the past based on books , interviews , documentaries , podcasts etc here's another confirmation behind the "success" of the Chinese economy.

It's based upon the exploitation of 90% of the population by 10% where 600 million people slave for low wages in exploitative conditions boosting the exports of the country thereby building up its capacities benefiting mostly the CCP & their cronies.

The podcast also gives us an insight into the "Chinese bird cage economy" where the political system is geared towards exercising ultimate control over the economy & thereby the industry which also includes the JVs between Gwailou & Chinese companies where inevitably after the Chinese partner has absorbed the necessary technologies the Gwailou company is dumped like a used condom.

Also informs us that however bad the economy , the CCP will never boost internal consumption as it means loss of power in the end in their perception & there's only this much they can export given they're already the factory of the world exporting 4 trillion USD worth of goods .

Btw the interviewee has made it his life's mission to study not just the history & culture of China but has been a resident of China since the past 30 years + . He definitely knows what he's talking about as he's been around for a long time .

Plenty of other gems in this podcast.

Must watch in my opinion , especially you . @rockdog !
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View: https://youtu.be/xzYZ30NgkUw?si=ryLaERJP_pTkE-fO


View: https://youtu.be/Vb835NzfzFw?si=prwDgK2OXxjJfBfM


Eric Li once asked his students checked all the Economist articles about China for past 20 yrs, the analysis showed after time passed only 15% predictions were accurate.

U like their narratives It's OK to me, i was also inspired by them when they heat up the so called India 2.0 during 2003.

I worked in outsourcing industry, at that time China and India had similar IT GDP, i trust Western media and believe China only need to learn from Tata, Satytm, Wipro, Infosys like economy.

Today, our IT GDP size is 12 times as India.
 
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rockdog said:

View: https://youtu.be/xzYZ30NgkUw?si=ryLaERJP_pTkE-fO


View: https://youtu.be/Vb835NzfzFw?si=prwDgK2OXxjJfBfM


Eric Li once asked his students checked all the Economist articles about China for past 20 yrs, the analysis showed after time passed only 15% predictions were accurate.

U like their narratives It's OK to me, i was also inspired by them when they heat up the so called India 2.0 during 2003.

I worked in outsourcing industry, at that time China and India had similar IT GDP, i trust Western media and believe China only need to learn from Tata, Satytm, Wipro, Infosys like economy.

Today, our IT GDP size is 12 times as India.
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First of all I didn't quote The Economist . I never quote The Economist. I personally believe they haven't got a thing right about India but are fixated on China in a positive manner. Why ? I've no clue.

Secondly as far as the IT sector goes , India & China have followed vastly different trajectories & have different offerings. So where's the comparison ?

All of the above still doesn't address the points raised in the podcast which has nothing to do with The Economist.

Then there's Michael Pettis who's made similar predictions about China's economic future & is quoted in the podcast with a similar background as the interviewee David Hoffman not in as far as their domain expertise goes ( Pettis is an economist while Hoffman is a historian , political scientist , a fluent Mandarin speaker also with a background in economics ) but as far as lived experience in China goes . Hoffman's lived in China since 1985 for 31 years , setting up the Yellow River University there.
 
Azaad said:
First of all I didn't quote The Economist . I never quote The Economist. I personally believe they haven't got a thing right about India but are fixated on China in a positive manner. Why ? I've no clue.

Secondly as far as the IT sector goes , India & China have followed vastly different trajectories & have different offerings. So where's the comparison ?

All of the above still doesn't address the points raised in the podcast which has nothing to do with The Economist.

Then there's Michael Pettis who's made similar predictions about China's economic future & is quoted in the podcast with a similar background as the interviewee David Hoffman not in as far as their domain expertise goes ( Pettis is an economist while Hoffman is a historian , political scientist , a fluent Mandarin speaker also with a background in economics ) but as far as lived experience in China goes . Hoffman's lived in China since 1985 for 31 years , setting up the Yellow River University there.
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“but as far as lived experience in China goes . Hoffman's lived in China since 1985 for 31 years , setting up the Yellow River University there.“

Dude, when we have discussion, plz at least make the information correct.

https://www.csis.org/people/david-hoffman

If he would setup up an University which with enough resource, he was at least 40 yrs old them, now 40 yrs passed, but he looks pretty young. ^_^

The so called "Yellow River University" only existed 6 yrs, 1985-1991. The founder were Chinese. I didn't find any info about David Hoffman had any connection with this University, if there was, plz let me know.
 
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rockdog said:
“but as far as lived experience in China goes . Hoffman's lived in China since 1985 for 31 years , setting up the Yellow River University there.“

Dude, when we have discussion, plz at least make the information correct.

https://www.csis.org/people/david-hoffman

If he would setup up an University which with enough resource, he was at least 40 yrs old them, now 40 yrs passed, but he looks pretty young. ^_^
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Prior to joining The Conference Board, David led the technology-infocomms-entertainment advisory practice of PricewaterhouseCoopers in China for 21 years. He is a lifelong student of contemporary Chinese political science and economics and a graduate in Chinese studies from the University of California San Diego. He is a fluent Mandarin Chinese speaker.
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Was listening to the podcast without sub titles on , hence misheard 31 years for 21. Evidently you don't read what you link here for his biography on the site you've linked here clearly states 21 years. All you did was look at the photograph & came to a premature conclusion as if older people don't put up younger pictures of themselves on their resume either intentionally or out of benign neglect.

You keep boasting you interview candidates & fix up deals. If this is the way you go about your work , good luck to the company that employs you . I sincerely hope the rest of the companies in China employ people like you . Makes our job easier.

rockdog said:
The so called "Yellow River University" only existed 6 yrs, 1985-1991. The founder were Chinese. I didn't find any info about David Hoffman had any connection with this University, if there was, plz let me know.
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Not surprising at all. If you heard the podcast , which you clearly didn't , he clearly stated that he was fresh out of his PhD dissertation when he was offered a job at this yellow river university which was then staffed by professors from UC in the US & which had a liberal fine arts curricula to instruct party cadres who were mostly engineers when Li Peng was the then Minister for Higher Education in 1985. He himself was surprised the CCP accepted this proposal to set up such a university.

This is the reason it was located in a remote location on the banks of the Yellow River. My guess is the CCP wanted to acquaint themselves with contemporary Liberal Fine Arts education in the west & see what it was all about. The moment they understood it as a tool which can subvert populations in general especially if it happens to be under a totalitarian set up like in China , it was only a matter of time before the university was permanently closed.
 
Azaad said:
support itstening to theIt'sdcast without sub titles on , hence misheard 31 years for 21. Evidently you don't read what you link here for his biography on the site you've linked here clearly states 21 years. All you did was look at the photograph & came to a premature conclusion as if older people don't put up younger pictures of themselves on their resume either intentionally or out of benign neglect.

You keep boasting you interview candidates & fix up deals. If this is the way you go about your work , good luck to the company that employs you . I sincerely hope the rest of the companies in China employ people like you . Makes our job easier.



Not surprising at all. If you heard the podcast , which you clearly didn't , he clearly stated that he was fresh out of his PhD dissertation when he was offered a job at this yellow river university which was then staffed by professors from UC in the US & which had a liberal fine arts curricula to instruct party cadres who were mostly engineers when Li Peng was the then Minister for Higher Education in 1985. He himself was surprised the CCP accepted this proposal to set up such a university.

This is the reason it was located in a remote location on the banks of the Yellow River. My guess is the CCP wanted to acquaint themselves with contemporary Liberal Fine Arts education in the west & see what it was all about. The moment they understood it as a tool which can subvert populations in general especially if it happens to be under a totalitarian set up like in China , it was only a matter of time before the university was permanently closed.
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Well, there was a fresh article, from another half offcial US think tank, almost recognized China already won in the economic development.

americanaffairsjournal.org

China Is Winning. Now What? - American Affairs Journal

If we lost a trade war, how long would it take us to find out? The vitality and flexibility of our financial system has obscured the degree to which we are living in the aftermath of a Chinese trade war victory—one in which the PRC not merely succeeded in subjecting the developed countries to trade…
americanaffairsjournal.org americanaffairsjournal.org

1000070900.jpg


Pretty long article, and better structure than interview you posted since during monday i had no time for full listening.

I personally agree with the points from it. Two vivid examples:

Russia totally embraced China’s full size supply chains, since it had no choice, and suddenly they found it's good subsititution and support its 3% growth during the war time.

Another exmaple is India, it's not willing to mention dependency to Chinese manufacture, but along with Indian export soaring, tradw deficit to China also rapidly increased.

So Chinese manufacture is the key of winning in current chaotic world, i think this is the article wanted to say. It's not using typical thinking of Western econimics, which is something new but still logical to readers.

I somehow agree with it.
 
FalconSlayers said:

View: https://x.com/NewsIADN/status/1833196399954891146
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China actually still open to India IT and manufacture sectors to balance trade deficit, i personally knew somw guys from Tata who partly developed Chinese rural banking system.

The problem is not the single case like L&T, it's the total technical & cost level still not competitive to our local products.

China imported around $15 Billions from India in 2023, but will import 3 Billions durian just as one fruit from Vietnam.

You guys need to find something we really need.
 
rockdog said:
China actually still open to India IT and manufacture sectors to balance trade deficit, i personally knew somw guys from Tata who partly developed Chinese rural banking system.

The problem is not the single case like L&T, it's the total technical & cost level still not competitive to our local products.

China imported around $15 Billions from India in 2023, but will import 3 Billions durian just as one fruit from Vietnam.

You guys need to find something we really need.
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the most comic false humility and friendship statement i can see here in this thread.

Is china that efficient?

the answer is not as a typical communist country it is highly inefficient.

It is a dictatorial, burocratic and corrupt country, then why it is highly industrilized?

Of course propaganda man can not see the answer but just boast hypocritically with a sense of superiority and a false humility.

why is highly industrilized? see North Korea or Cuba real communist countries are highly backwards.


The answer is China is highly industrlized by design, , the West industrlized China as the west poisoined China with Communism, so now the Chinese think they developed by them selves.



All Chinese technology is copied, Tesla is in China and China has EVs, Airbus is in China China has C919, JH-7 has British engines, so why industrilize China?

Answer control the USA by deindustrilizing it and mainly control Russia by creating a second front.

Chinese communism is the poison that will be used to control China at the end.
 
E-195 said:
All Chinese technology is copied, Tesla is in China and China has EVs, Airbus is in China China has C919, JH-7 has British engines, so why industrilize China?
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Jobless and not owning a car made you have no enough knowledge about modern industry. Maybe after World government take the world, they would give you a re-education and name you as head of industry department.

This is a vid existed in YouTube 15 yrs already. BYD made the EV even early than Tesla.



View: https://youtu.be/EV0Ppxra_gI?si=x9GzjqvsW3mdlJDZ


Post in 2012:


View: https://x.com/ulise0928/status/202612182427512834?t=tFVc8nPrFuV_6PJIys8RhQ&s=19
 
rockdog said:
Jobless and not owning a car made you have no enough knowledge about modern industry. Maybe after World government take the world, they would give you a re-education and name you as head of industry department.

This is a vid existed in YouTube 15 yrs already. BYD made the EV even early than Tesla.



View: https://youtu.be/EV0Ppxra_gI?si=x9GzjqvsW3mdlJDZ


Post in 2012:


View: https://x.com/ulise0928/status/202612182427512834?t=tFVc8nPrFuV_6PJIys8RhQ&s=19
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electric cars are not new, propaganda man

1725934082107.png

If you ask brazilians obviously they will say Gurgel 1974

View: https://x.com/marcelocoelho/status/1480634817612025857
Ask Germans

Why all the buzz? Volkswagen already built an electric Kombi 50 years ago​

In 1972, some fifty years before the ID.Buzz, Volkswagen revealed the T2 Elektro Transporter, the first electric vehicle from the German carmaker.
www.drive.com.au

Why all the buzz? Volkswagen already built an electric Kombi 50 years ago

In 1972, fifty years before the ID.Buzz, Volkswagen revealed the T2 Elektro Transporter, the first electric vehicle from the German carmaker.
www.drive.com.au www.drive.com.au

1725934345971.png
you know in my family we own cars since 1914, so a car is not a sign of progress as in your case very likely your dad owned a bicycle and now you think you have advanced .

So question for propaganda man how come China has made business with capitalist, while north Korea and Cuba are sanctioned?

A Chinese paper on prostate cancer claimed that more than half of the patients studied were women. Only men have prostate glands


View: https://x.com/TheEconomist/status/1762186283210645767

type of research in China
 
rockdog said:
Jobless and not owning a car made you have no enough knowledge about modern industry. Maybe after World government take the world, they would give you a re-education and name you as head of industry department.

This is a vid existed in YouTube 15 yrs already. BYD made the EV even early than Tesla.



View: https://youtu.be/EV0Ppxra_gI?si=x9GzjqvsW3mdlJDZ


Post in 2012:


View: https://x.com/ulise0928/status/202612182427512834?t=tFVc8nPrFuV_6PJIys8RhQ&s=19
Click to expand...

1725935169586.png


my grandpa and his car he was picking up many chicks by kilometer, so no cars are not new in my family but likely Mao only gave your grandpa a bicycle so you feel owning a car makes you rich.


By the way one of guys there was a movie star and my grandmother is there, so my grandpa took my grandma for a ride with movie stars.
 
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E-195 said:
View attachment 8923


my grandpa and his car he was picking up many chicks by kilometer, so no cars are not new in my family but likely Mao only gave your grandpa a bicycle so you feel owning a car makes you rich.


By the way one of guys there was a movie star and my grandmother is there, so my grandpa took my grandma for a ride with movie stars.
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no need over sensitive, i have no interest on how’s ur family worked, u just acted like never understand how modern industry works.

Then u gave the stupid claim:

1000070978.jpg
 
rockdog said:
no need over sensitive, i have no interest on how’s ur family worked, u just acted like never understand how modern industry works.

Then u gave the stupid claim:

View attachment 8928
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really? so tell me do you know what is tech transfers?

Seems our proud Chinese forgets the west gave you all that tech you flaunt as domestic, of course he thinks Communism is not corrupt dictatorial and burocratic, and China`s car industry was not based upon German Volkswagen tech transfes and later Tesla, yes our proud Chinese who`s father owned a bicycle, that by the way are good for the environment, some how he thinks China invented Solar Panels, lithium batteries, Computers, etc etc, for China to have real invention needs democracy and that means a true federation, but China is despotic, fascist, burocratic and corrupt it only advanced thanks to the west tech transfers.

He thinks the tech transfers were because Western capitalists are stupid, and CCP Xi smart, the west did not know China wanted to absorb those techs poor CCP zombie, he can not understand the West created an enemy for RUSSIA
1725940215623.png

But some how the west is now sanctioning China, exiting China and putting tariffs, yes stupid western capitalists
1725940425101.png
Chinese inventor
1725940530619.png

Chinese invention in 30 years China invented everything stupid western capitalists
1725940701825.png
 
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