Chinese Economy Watch

E-195 said:

View: https://www.youtube.com/watch?v=Pqnja4hYYqw

View attachment 9272



Is this a movie scene? A Ghost Rider trailer?In the video, a car is completely engulfed in flames, speeding down an embankment before plunging into a river. Even after hitting the water, the fire doesn’t stop.One viewer commented, "If it's still burning after hitting the water, it must be an electric vehicle



BYD's new German strategy under scrutiny after August sales slump​

Lack of trust in after-sales services, low brand recognition seen as problems

byd europe - Google Search

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The European Commission has rejected offers by Chinese electric-vehicle makers to adjust their prices in a bid to avoid sharply higher tariffs ahead of potentially pivotal talks between Beijing and Brussels next week.The tariffs were announced after a months-long probe launched by commission president Ursula von der Leyen that sharply increased trade tensions between the 27-member bloc and China, the world’s second-biggest economy.EU officials have said the tariffs are needed to protect European manufacturers from being undercut by low-cost, China-made EVs that it says are unfairly subsidised by Beijing.
www.ft.com

EU rejects Chinese EV makers’ bid to avert hefty tariffs

Commission dismisses offers to adjust pricing of allegedly subsidised vehicles
www.ft.com www.ft.com
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E-195 said:

View: https://www.youtube.com/watch?v=Pqnja4hYYqw

View attachment 9272



Is this a movie scene? A Ghost Rider trailer?In the video, a car is completely engulfed in flames, speeding down an embankment before plunging into a river. Even after hitting the water, the fire doesn’t stop.One viewer commented, "If it's still burning after hitting the water, it must be an electric vehicle



BYD's new German strategy under scrutiny after August sales slump​

Lack of trust in after-sales services, low brand recognition seen as problems

byd europe - Google Search

www.google.com


Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach ofFT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/content/e1321972-def6-4980-a52e-b9cc5fab2ae0

The European Commission has rejected offers by Chinese electric-vehicle makers to adjust their prices in a bid to avoid sharply higher tariffs ahead of potentially pivotal talks between Beijing and Brussels next week.The tariffs were announced after a months-long probe launched by commission president Ursula von der Leyen that sharply increased trade tensions between the 27-member bloc and China, the world’s second-biggest economy.EU officials have said the tariffs are needed to protect European manufacturers from being undercut by low-cost, China-made EVs that it says are unfairly subsidised by Beijing.
www.ft.com

EU rejects Chinese EV makers’ bid to avert hefty tariffs

Commission dismisses offers to adjust pricing of allegedly subsidised vehicles
www.ft.com www.ft.com
Click to expand...



View: https://youtu.be/TA3w854UWRo?si=jXQ9xNloeaQ8YBjf

First time see Lady Palki using such claim and logical voice.
 
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Azaad said:
Clearest indication the dragon's a paper dragon & it's intimidated by India .

It's time the world does to China what China's done to the world. All along it was China which indulged in industrial espionage , still does. The world didn't bother much as China didn't innovate anything except mfg in scale.

Now that China's actually come up with something time to give China a dose of its own medicine. As it is China's a huge tradition of Hanjian . That's how the Chinese got addicted to opium.

It's all very well for China to blame a century of humiliation on the Gwailou but everyone knows the Chinese or the Hanjian were complicit in these acts & profited enormously.

I imagine in these times there are plenty of high ranking executives & engineers of such companies who'd want to secure their own future & wealth.

Don't be surprised if in the near future you see plenty of defections of such individuals to the west & the CCP holding press briefings regularly whining about industrial espionage with their mouth pieces Global Times , People's Daily , Xinhua , etc going ballistic.
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I knew it was showtime for you to present how many Chinese words and pharses you would handle!

If the old forum were exisited, all Chinese words you ever used in this thread, are all concentrated in this post. ^_^
 
rockdog said:

View: https://youtu.be/TA3w854UWRo?si=jXQ9xNloeaQ8YBjf

First time see Lady Palki using such claim and logical voice.
Click to expand...

According to Dataforce, registrations for China-made electric vehicles (EVs) across Europe fell by 9.7% year-on-year in July.

It is believed that this decline is linked to the EU's provisional additional tariffs on China-made EVs. However, the decrease was significantly less severe than the 30% drop in June, suggesting that the impact of these new tariffs may be temporary.

In response, Chinese car manufacturers are preparing to establish production plants overseas to counter the additional tariffs being imposed by other countries, which will likely boost their sales volume in the long term.

www.euronews.com

No sign of slowdown for Chinese electric car sales, despite EU curbs

The European Union, the US, and Canada have all announced plans to limit Chinese-made electric vehicles (EVs) over concerns that subsidies provided by the Chinese government are unfair and detrimental to local car makers.
www.euronews.com www.euronews.com
 
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rockdog said:
I knew it was showtime for you to present how many Chinese words and pharses you would handle!

If the old forum were exisited, all Chinese words you ever used in this thread, are all concentrated in this post. ^_^
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Instead of critiquing my knowledge of Mandarin however meagre it is how about focusing on the meat of the argument & tell us why's CCP so intimidated about sharing battery tech with India .

If as the CCP claims & you indirectly imply through the millions of posts you've made here citing superior Chinese knowledge , technological & engineering feats , vis a vis an India which having missed the boat holds no threat whatsoever to China , there should be no issue in sharing this knowledge at a cost.

Yet CCP has explicitly opposed it prohibiting Chinese EV OEMs from sharing such knowledge. What could be the reason ?
 
Azaad said:
Instead of critiquing my knowledge of Mandarin however meagre it is how about focusing on the meat of the argument & tell us why's CCP so intimidated about sharing battery tech with India .

If as the CCP claims & you indirectly imply through the millions of posts you've made here citing superior Chinese knowledge , technological & engineering feats , vis a vis an India which having missed the boat holds no threat whatsoever to China , there should be no issue in sharing this knowledge at a cost.

Yet CCP has explicitly opposed it prohibiting Chinese EV OEMs from sharing such knowledge. What could be the reason ?
Click to expand...

Chinese officials see the Indian market as risky, especially for Chinese companies
 

View: https://twitter.com/OnlyNakedTruth/status/1834276293136826679?s=19

A Chinese nationalist has died in India. Has the CCP declared a state of mourning in Zhongghuo ? What about CCP mouthpieces like Global Times ? Have they come up with obituaries ? Hopefully it's penned by somebody high up in the Politburo ! This Chinese nationalist was a high ranking member of the communist party here .
 
Azaad said:
In which case why are your companies here ? They should immediately withdraw from India.
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These Chinese companies came to India when the relationship between the two countries was good, they are not doing well now, it is very difficult to get visas to enter India,
 
helin said:
These Chinese companies came to India when the relationship between the two countries was good, they are not doing well now, it is very difficult to get visas to enter India,
Click to expand...
So why're they still around ? Nobody's preventing them from getting lost .

Also @FalconSlayers I see you've exercised your powers as a moderator in my previous post . A couple of days ago this same member made a post using AI . When I complained to the moderator team ( didn't tag you ) all I got was a like with the post being retained . How about more equanimity in exercising your powers as a team?

Unless of course using AI to generate responses to post here is acceptable in which case I don't have a problem.
 
The global 6G standardization work is accelerating. On September 12, during the Third Generation Partnership Project (3GPP) plenary meeting held in Melbourne, Australia, the 6G scenario use case and demand research project, led by a representative from China Mobile, was approved. This marks the first 6G standard project by 3GPP, receiving support from over 90 companies worldwide, signifying that global 6G standardization has officially entered a substantive phase.

3GPP, as an important organization for formulating international communication standards, develops technical specifications and standards based on the framework set by the International Telecommunication Union (ITU). The initiation of 6G standardization work means the formal launch of the industrialization of 6G networks, paving the way for faster and smarter communication in the future.
 
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The US has proposed rules that would hit many low-value shipments from China with new taxes - a measure aimed at curbing the flood of packages from shopping sites such as Shein and Temu.

The Biden administration said the plan was intended to stop "abuse" of an exemption that allowed packages worth less than $800 (£600) to enter the US without facing tariffs and other fees.

The US said the "de minimis" rule has helped firms such as Shein and Temu, which typically ship directly from the manufacturer to the customer, undercut competitors with lower prices.


In statements, the two companies defended their business models.

The US raised the exemption from tariffs and other fees for shipments from $200 to $800 in 2016 to facilitate trade and allow officials to focus on higher priority shipments.

But lawmakers have voiced increasing alarm about "exploitation" by firms such as Temu and Shein, as the two make rapid inroads in the US market.

The new rules would remove the exemption for Chinese goods that currently face tariffs from the US - a wide range of products including shoes, machinery and 70% of textiles and apparel.

They would also increase what information shippers must provide to authorities.

Temu said its success was due to an "efficient business model that cuts out unnecessary middlemen, allowing us to pass savings directly to our consumers".

It said it was reviewing the rules and remained committed to "delivering value to consumers".

"Temu's growth does not depend on the de minimis policy," it added.

Shein said its success came from its "on-demand business model" and that it supported reform of the de minimis exemption so that the rules were applied "evenly and equally".

The company said compliance was a priority and that it was already participating in a trial programme with US Customs and Border Protection (CBP).

"We want to disclose more of what’s in every package and are working closely with CBP," the company said.

'Exponential increase'​

Since launching a few years ago, Temu and Shein have gained followers with flashy Super Bowl adverts and ultra-low prices.

The popularity has put such pressure on Amazon, the dominant e-commerce company in the US, that the firm is reportedly exploring its own discount unit focusing on direct-to-consumer shipments.

Their rise has also brought scrutiny from US politicians and regulators, who have raised questions about the safety of products on their sites and warned of a "high risk" that Temu was selling products made using forced labour.

Authorities have blamed their success for putting strains on US border and customs authorities, as the number of packages entering the US under the de minimis exemption has surged from 140 million in 2013 to more than 1 billion last year.

In announcing the action, the Biden administration said "several China-founded e-commerce platforms" now accounted for a "majority" of shipments under the $800 threshold.

It said its actions were a response to an "exponential increase in de minimis shipments" that had made it more difficult to identify and block illegal shipments.

It accused companies of looking to skirt consumer protection laws and avoid trade barriers.

"American workers and businesses can outcompete anyone on a level playing field, but for too long, Chinese e-commerce platforms have skirted tariffs by abusing the de minimis exemption,” said Commerce Secretary Gina Raimondo.

The American Action Forum, a right-leaning policy group, has estimated that getting rid of the $800 exemption entirely would result in "$8bn to $30bn in additional annual costs that would eventually be passed on to consumers".

The proposal will go through a comment period before being finalised and taking effect.

Authorities in the European Union have been exploring similar measures aimed at low-value shipments, Bloomberg and the Financial Times reported earlier this year.

Shares in PDD Holdings, which owns Temu, fell more than 2% after the announcement.
www.yahoo.com

New US shipping rules target China's Shein and Temu

Shein and Temu have been able to ship packages under $800 to the US without facing tariffs.
www.yahoo.com www.yahoo.com
 
helin said:
View attachment 9384
Click to expand...

op 10 Trusted Indian Mobile Brands For Best Phones​

Planning
08-11-2023

blog-Preview-Image

Smartphones have become popular gadgets for daily use. Among all the countries with massive populations, India has one of the fastest-growing smartphone markets. Because of the make-in-India initiative, smartphone shipments grew by 16 percent year-on-year in Q2 2022. The top ten Indian mobile companies for the best smartphones will be discussed in this article.


1726293986771.webp

Ten best​

1. LYF – Reliance Retail:​

LYF is a part of Reliance Jio (parent company). It takes its culture forward by putting customers at the centre of its business. These Indian mobile phones come with 4G-enabled VoLTE features. It is the second-largest LTE smartphone supplier in India.

LYF builds smartphones with great user experiences (UX). It is among the top five brands in India. It also features HD voice calling, Wi-Fi (VoWi-FI), and high-definition (HD) video calling. It became popular in the market because of its affordable price range.

2. Micromax:​

Micromax Informatics is another well-known consumer electronics brand. It delivers high-quality Indian mobile phones with excellent features. It achieved a large-scale adoption of smartphones and advanced technologies in the Indian market. This largest phone manufacturing company produces budget-friendly smartphones for the Indian market. In 2010–2012, the company also introduced LED TVs and tablets into the market. This Indian mobile brand is popular among youths.

3. Karbonn Mobile:​

It is another of the leading Indian mobile companies that got started in 2009. It has multiple awards under its name. It is a joint venture of Jaina Group (from New Delhi) and UTL Group (from Bengaluru), with headquarters in New Delhi. They aim to benefit a large number of people with their smartphones. Within a short period, its popularity crossed borders – in countries like Sri Lanka, Nepal, and Middle East Asia.

4. Xolo Phones:​

This is another Indian mobile phone brand that has launched its smartphones with Intel processors. It is also the first Indian smartphone company to launch a 4G-enabled smartphone. It partners with AMD. Xolo is also known for introducing the first dual-camera phone in India. Naturally, the brand became a game changer in the domestic market. It is known for its premium smartphones with unique designs and incorporates new technologies.

5. Lava International Ltd.:​

This leading Indian mobile brand has expanded its business across multiple countries. Since 2009, it has remained at the forefront with cutting-edge mobile handsets as a part of the Make-in-India initiative. It is also known for its hardware, software, industrial handset designs, etc. With the aim of “Design in India” initiative, it took complete control over manufacturing and designing phones in India.

6. Intex technologies:​

It is a well-known Indian mobile brand that got incorporated in 1996. This Indian company has a strong presence in IT electronics, consumer durables, and smartphone accessories. The company aims to enhance Indian lives with smooth access to the latest technologies and IT products. Its mobile handsets serve millions of customers from all socioeconomic backgrounds, age groups, and rural and urban India.It has also extended its business to LED TVs.

7. YU Televentures:​

YU Televentures began manufacturing smartphones on December 18 December 2014. It is a joint venture between Micromax Informatics Limited and Cyanogen Inc. This company became a widespread Indian mobile brand and consumer-durable business. YU mobile as a brand has won the trust of millions of consumers with its quality and highly durable smartphones. It is one of the most trusted brands that delivers stylish smartphones with powerful features at an affordable cost. YU has the official Cyanogen OS rights in India. Recently, this brand has also started to manufacture smart TVs.

8. i-Ball:​

It is another homegrown tech accessory brand that has become popular for its mobile handsets and PCs. Since it foundation in 2001, this Indian mobile company has touched over 100 million users, 1 lac active retailers, 5000 (approx.) trade partners, and more than 500 service centres. It has now captured the tech-savvy Indian buyer.

9. Spice Telecom:​

Spice is a well-known Indian mobile manufacturing company. It disrupted the Indian mobile phone market over the past decade. Spice Telecom as a brand remains a trusted strategic partner despite the rapid technological shifts and massive disruptions in the smartphone industries.It provides excellent customer service. The business focuses on telecom-focused IT, fintech, and content solutions.

10. Celkon Mobiles:​

It is a well-known Indian mobile phone manufacturer that aims to eliminate the digital divide. It brings affordable technology to the market. This company has its headquarters in Hyderabad. It has manufacturing units in Telangana and Andhra Pradesh. It left its mark in other countries like Bangladesh, Sri Lanka, Singapore, and Nepal. It also delivers its smartphones in Botswana, Zimbabwe, South Africa, Namibia, and other countries.






Conclusion​

Smartphones have become an essential asset for our everyday tasks. We hope this article has given you a crisp idea of the top ten trusted Indian mobile phone brands. This article also highlighted some powerful business goals for these Indian mobile companies. Other well-known Indian mobile brands are Jivi Mobiles, Onida Mobiles, Loop Mobiles, etc. Piramal Finance is an excellent financing solution for shoppers looking for the best Indian mobile phones. Visit Piramal Finance’s website to learn more about their financial offerings and services, such as EMIs, personal loans, credit cards, etc.

www.piramalfinance.com

10 Best Indian Mobile Brands Users are Trusting - Piramal Finance

India has the fastest-growing smartphone market. Here is a list of the top trusted Indian mobile brands & Indian mobile companies that everyone must know.
www.piramalfinance.com www.piramalfinance.com
 
Azaad said:

View: https://twitter.com/AlecStapp/status/1834201320212898179?s=19

Death to kulaks & capitalist roaders !!

Long live Great Helmsman 2.0 !!
Click to expand...


According to the 2023 National Economic and Social Development Statistical Bulletin, we added 32.73 million new commercial entities last year. If we exclude the "individual industrial and commercial households" from this data, China also added 10.1 million new enterprises.

National Economic and Social Development Statistical Bulletin 2023
 
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