Chinese Economy Watch

[rockdog]

7 months!


View: https://x.com/refocus2016/status/1872469797533016188?t=ny4RGdKbXJFlygwp1hbldA&s=19


View: https://x.com/RT_India_news/status/1872259185255313583?t=Xi08ARJWL15W8Px8waGpHQ&s=19

 

[rockdog]

U.S. and China renew science agreement as officials brace for new tensions​

https://www.washingtonpost.com/world/2024/12/13/us-china-science-agreement-tensions-research/

US, China sign 5-year amended agreement on science and technology cooperation​

US, China sign 5-year amended agreement on science and technology cooperation

US officials say agreement excludes critical, emerging technologies

www.voanews.com

 

[rockdog]

 

[rockdog]

This is more shocking than new 6th Gen fighter.

Andrej Karpathy Praises DeepSeek V3’s Frontier LLM, Trained on a $6M Budget​

Andrej Karpathy Praises DeepSeek V3’s Frontier LLM, Trained on a $6M Budget

DeepSeek V3: A 685B parameter AI model, trained for just $5.5M, outperforms GPT-4o & Llama 3.1. Open-source, cost-efficient, and versatile.

www.analyticsvidhya.com

 

[rockdog]

CR450, max speed 450km/h, bussiness operation speed 400km/h. Will be on operational 2025.

 

[helin]

CR450, max speed 450km/h, bussiness operation speed 400km/h. Will be on operational 2025.

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View: https://x.com/XH_Lee23/status/1873196871369584832

 

[rockdog]

View: https://x.com/XH_Lee23/status/1873196871369584832

Shanghai - Beijing HSR is the most profitble HSR, but already 90% full.

Now there were two options, built 2nd one or make the train run faster. I think the government made choice.

 

[mist_consecutive]

View: https://www.youtube.com/watch?v=Nh8PgLzWjoE

Started watching it coz its really beautiful

 

[realsumo]

This is more shocking than new 6th Gen fighter.

Andrej Karpathy Praises DeepSeek V3’s Frontier LLM, Trained on a $6M Budget​

Andrej Karpathy Praises DeepSeek V3’s Frontier LLM, Trained on a $6M Budget

DeepSeek V3: A 685B parameter AI model, trained for just $5.5M, outperforms GPT-4o & Llama 3.1. Open-source, cost-efficient, and versatile.

www.analyticsvidhya.com

View attachment 19865

Damn, gotta respect the Chinese for that.

 

[helin]

View: https://youtu.be/YuSApjBn_zY?si=k6FsfumMcCc49zy-

 

[helin]

View: https://youtu.be/pMjhJ9kcaU4?si=IfxIXuM668A26fxF

 

[rockdog]

Damn, gotta respect the Chinese for that.

It's Open Source! By a local Quantum trade team.

 

[srev2004]

It's Open Source! By a local Quantum trade team.

Chinese research is top notch these days. Still doesn’t address structural demographic problems.

The trope that Chinese stuff is cheap and breaks often shouldn’t be something India should continue believing in.

That being said, all of these achievements are tangible and accessible to India. China is attempting to portray itself as 10 foot China man. In fact the microfilm with 64,000 states can surpass the capability through a novel path that is different than US or China.

 

[rockdog]

Chinese research is top notch these days. Still doesn’t address structural demographic problems.

The trope that Chinese stuff is cheap and breaks often shouldn’t be something India should continue believing in.

That being said, all of these achievements are tangible and accessible to India. China is attempting to portray itself as 10 foot China man. In fact the microfilm with 64,000 states can surpass the capability through a novel path that is different than US or China.

Population in undeveloped region like your Bihar and our Gansu province, those popluation who were not involed into the indutrilization, actually have no good impact on development, even they are counted as $1000 per GDP or $8000 per GDP respectively.

Considering India urbanization rate is 36% and China is 66%, China still have more "valid" population.

You also should notice that, Chinese working population from 2018 actually started to decline, but thanks to automation and productivity growth, Chinese manufacture GDP growth 30% after 2019.

You might need to get rid of the mindset like "Becoz Point A, China would lose all" narratives ... Such theory i have witnessed from 2004 in old old Indian forum when they talked about Chinese banking system at that time.

 

[rockdog]

This is more shocking than new 6th Gen fighter.

Andrej Karpathy Praises DeepSeek V3’s Frontier LLM, Trained on a $6M Budget​

Andrej Karpathy Praises DeepSeek V3’s Frontier LLM, Trained on a $6M Budget

DeepSeek V3: A 685B parameter AI model, trained for just $5.5M, outperforms GPT-4o & Llama 3.1. Open-source, cost-efficient, and versatile.

www.analyticsvidhya.com

View attachment 19865

DeepSeek’s new AI model appears to be one of the best ‘open’ challengers yet​

https://techcrunch.com/2024/12/26/deepseeks-new-ai-model-appears-to-be-one-of-the-best-open-challengers-yet/

Lei Jun, the CEO of Xiaomi, just hired the 30 yrs girl, the leader of DeepSeek with USD 1.5M salary ...



View: https://x.com/Sino_Market/status/1873591219017945580?t=dZ4U6h8kDuaAe9d7eqEDug&s=19


View: https://x.com/NBDPress/status/1871050108638552448?t=YkelKi9aIYoD7UPQkhOgow&s=19

 

[srev2004]

Population in undeveloped region like your Bihar and our Gansu province, those popluation who were not involed into the indutrilization, actually have no good impact on development, even they are counted as $1000 per GDP or $8000 per GDP respectively.

Considering India urbanization rate is 36% and China is 66%, China still have more "valid" population.

You also should notice that, Chinese working population from 2018 actually started to decline, but thanks to automation and productivity growth, Chinese manufacture GDP growth 30% after 2019.

You might need to get rid of the mindset like "Becoz Point A, China would lose all" narratives ... Such theory i have witnessed from 2004 in old old Indian forum when they talked about Chinese banking system at that time.

You can’t sustain growth without consumers. India’s urbanization is closer to 70% now. Only areas larger than 400 people per sq km are considered urban in India. As per this definition, I doubt more than 20% of China is urban.

Measuring Urbanization: Why India Needs to Re-think its Methodology

This blog delves into the definition and measure of ‘urban’ in India to discuss the methodological gaps in existing definitions. It also looks at the advantages and limitations of a global method endorsed by the UN Statistical Commission for the delineation of urban, peri-urban and rural areas...

wri-india.org

 

[srev2004]

Regarding Bihar, the per capita gdp grew 3x in ten years from 20k rupees to 60k rupees. If you normalize for PPP, China is only 2x India. What matters to the average Indian is what you can buy with a rupee not what foreign currency you can exchange it for

In other words, $1000 in India equals $4000 in China. When India becomes an account surplus country, that exchange rate bias will also go away. You will see dramatic shift in wealth then.

 

[srev2004]

2024 was the first time India had a net account surplus to the order of $24B. That figure will keep increasing as more people pay tax and trade imbalances are fixed.

 

[srev2004]

India to have talent surplus of 245 million workers by 2030, says study

www.wionews.com

 

[redragon]

Chinese research is top notch these days. Still doesn’t address structural demographic problems.

The trope that Chinese stuff is cheap and breaks often shouldn’t be something India should continue believing in.

That being said, all of these achievements are tangible and accessible to India. China is attempting to portray itself as 10 foot China man. In fact the microfilm with 64,000 states can surpass the capability through a novel path that is different than US or China.

"Chinese stuff is cheap" still true, "break away" not true. Over 95% of Tesla and Apple phone parts are made in China.