Chinese Economy Watch

[helin]

China’s Honor targets Indonesia’s growing appetite for premium smartphones

Honor expects to initially launch more than 30 products this year in Indonesia, where it plans to open over 10 ‘experience’ stores.

www.scmp.com

 

[E-195]

Historically speaking

It is true that industrialization determines whether big countries win or lose.

China is doing well, but it is only the beginning

Industrialization is common to all nations, China will not win, why? simple the financial system is what determines success, now is the dollar, but later it will be a world coin currency, no sovereign nation will rule this currency, the owners are private owners, they care less for the masses.

 

[helin]

Industrialization is common to all nations, China will not win, why? simple the financial system is what determines success, now is the dollar, but later it will be a world coin currency, no sovereign nation will rule this currency, the owners are private owners, they care less for the masses.

Yes, finance is important.

This is another area

 

[E-195]

China’s Honor targets Indonesia’s growing appetite for premium smartphones

Honor expects to initially launch more than 30 products this year in Indonesia, where it plans to open over 10 ‘experience’ stores.

www.scmp.com

Beijing 'firmly opposes' US ban on smart cars with Chinese tech​

Beijing 'firmly opposes' US ban on smart cars with Chinese tech

Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis"."What I want to say is that the US, citing so-called national security, has restricted...

www.yahoo.com

Sadly for you the world is not China, others nations (oligarchies have different plans).

Chinese workers as Mexican workers or american workers are useful pawns of the greediness of the ruling classes, so much that China has a very low minimum wage

As of November 20, 2024, Shanghai has the highest monthly minimum wage among 31 provinces (RMB 2,690/US$370 per month), and Beijing has the highest hourly minimum wage (RMB 26.4/US$3.7 per hour). 27 regions – Anhui, Beijing, Chongqing, Fujian, Gansu, Guangdong (including Shenzhen), Hainan, Hebei, Heilongjiang, Henan, Hubei, Hunan, Jiangsu, Jiangxi, Inner Mongolia, Jilin, Liaoning, Ningxia, Shaanxi, Shandong, Shanghai, Sichuan, Tianjin, Tibet, Yunnan, and Zhejiang – have surpassed the RMB 2,000 (US$275) mark in their monthly minimum wage standards.

China Salary and Wages - China Guide | Doing Business in China

Learn about China's provincial minimum wage systems and rates, and how overtime is calculated. Find a link to Dezan Shira & Associates' online Individual Income Tax calculator.

www.china-briefing.com

Changes to Minimum Salary in Latin America for 2024

Read about the minimum salary in Latin America in our latest blog post. This is important if you want to hire or do business in the region.

www.bizlatinhub.com

Latin America’s minimum wage divide: Costa Rica Highest - Howler Media - Click Real Escapes

howlermag.com

Basically the salaries of most Chinese are at very low level however real state is out of reach for them you just claim vapor ware, China is an plutocracy a government of the rich and corrupt CCP false communists.

And in Latin America we are not rich we have millions of poor perhaps 50% of our population is poor

 

[E-195]

Yes, finance is important.

This is another area

US mighty dollar sooner or later will be replaced by electronic digital world`s currency, and that is no national currency.

The Yuan will not replace the dollar

 

[helin]

https://www.statista.com/statistics/744071/manufacturing-labor-costs-per-hour-china-vietnam-mexico/

 

[E-195]

https://www.statista.com/statistics/744071/manufacturing-labor-costs-per-hour-china-vietnam-mexico/

old statistics, the current Mexican Government has raised the minimum salary,

On December 4, 2024, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase Mexico’s general minimum wage to $278.80 pesos per day, and to $419.88 pesos per day in the Free Economic Zone of the Northern Border, effective January 1, 2025

Mexico Increases the Minimum Wage

On December 4, 2024, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase Mexico’s general minimum wage to $278.80 pesos per day, and to $419.88 pesos per day in the Free Economic Zone of the Northern Border, effective January 1, 2025.

www.littler.com

The National Minimum Wage Commission (Conasami) has set the general daily minimum wage at MX$278.80, which amounts to about MX$8,364 (US$493) per month.

In the Northern Border Free Zone, a key economic region, the daily wage is now MX$419.88, or roughly MX$12,596 (US$742) per month. This separate region, implemented in 2019, continues to maintain its distinct wage rate.

Mexico's Minimum Wage: 2025 Guide | Playroll

Discover everything you need to know about Mexico's minimum wage in this comprehensive guide. Stay informed and navigate labor regulations effectively.

www.playroll.com

And believe me we have still millions of poor

 

[E-195]

China’s Honor targets Indonesia’s growing appetite for premium smartphones

Honor expects to initially launch more than 30 products this year in Indonesia, where it plans to open over 10 ‘experience’ stores.

www.scmp.com

View: https://www.youtube.com/watch?v=c1MWleXxmeU

In the first week of the new year, Huawei's smart driving system experienced a collective breakdown, shockingly running red lights simultaneously. Numerous drivers faced six-point deductions on their licenses and fines of 200 yuan each. Meanwhile, AITO, closely tied to Huawei's smart driving technology, saw its sales plummet from 9,000 units during the same period last year to just 5,500 units—nearly halving.

 

[rockdog]

Beijing 'firmly opposes' US ban on smart cars with Chinese tech​

Beijing 'firmly opposes' US ban on smart cars with Chinese tech

Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis"."What I want to say is that the US, citing so-called national security, has restricted...

www.yahoo.com

Sadly for you the world is not China, others nations (oligarchies have different plans).

Chinese workers as Mexican workers or american workers are useful pawns of the greediness of the ruling classes, so much that China has a very low minimum wage

As of November 20, 2024, Shanghai has the highest monthly minimum wage among 31 provinces (RMB 2,690/US$370 per month), and Beijing has the highest hourly minimum wage (RMB 26.4/US$3.7 per hour). 27 regions – Anhui, Beijing, Chongqing, Fujian, Gansu, Guangdong (including Shenzhen), Hainan, Hebei, Heilongjiang, Henan, Hubei, Hunan, Jiangsu, Jiangxi, Inner Mongolia, Jilin, Liaoning, Ningxia, Shaanxi, Shandong, Shanghai, Sichuan, Tianjin, Tibet, Yunnan, and Zhejiang – have surpassed the RMB 2,000 (US$275) mark in their monthly minimum wage standards.

China Salary and Wages - China Guide | Doing Business in China

Learn about China's provincial minimum wage systems and rates, and how overtime is calculated. Find a link to Dezan Shira & Associates' online Individual Income Tax calculator.

www.china-briefing.com

View attachment 21910

Changes to Minimum Salary in Latin America for 2024

Read about the minimum salary in Latin America in our latest blog post. This is important if you want to hire or do business in the region.

www.bizlatinhub.com

View attachment 21911

Latin America’s minimum wage divide: Costa Rica Highest - Howler Media - Click Real Escapes

howlermag.com

Basically the salaries of most Chinese are at very low level however real state is out of reach for them you just claim vapor ware, China is an plutocracy a government of the rich and corrupt CCP false communists.

And in Latin America we are not rich we have millions of poor perhaps 50% of our population is poor

View: https://x.com/GuthmannR/status/1849075723308315022


View: https://x.com/ErikSolheim/status/1477564583242051584


View: https://x.com/jorgegarzardz/status/1576751774265810945


View: https://x.com/EconomyInformal/status/1855978016544825522


View: https://x.com/Im_goodthanks/status/1777858031302086872

https://x.com/RankingRoyals/status/1857122120914079936

 

[helin]

Comparing Mexico's Industrial Manufacturing Costs to China's

Mexico's industrial manufacturing costs is emerging as a prime contender to challenge China's dominance in industrial manufacturing.

novalinkmx.com

 

[helin]

Labor Costs: The Key Differentiator
Labor costs are a significant factor in manufacturing competitiveness. While China's labor costs have increased significantly over the years, Mexico's labor costs have remained relatively low. According to a recent study, Mexico's average labor cost per hour is around $4.50, compared to China's $6.50. This cost difference can result in substantial savings for companies, especially those in labor-intensive industries.

 

[rockdog]

Comparing Mexico's Industrial Manufacturing Costs to China's

Mexico's industrial manufacturing costs is emerging as a prime contender to challenge China's dominance in industrial manufacturing.

novalinkmx.com

Manufacture is last part of industry, R&D is totally different, they just don't do math.

If consideirng their GDP, the total amount money on R&D including forgein capital, only USD 5.0 billion.
Arond half of Xiaomi company's R&D, Lei Jun even invested USD1.5Billion R&D on its latest SUV, YU7.



It means Mexico is just assembly place, they don't do math at all.

 

[E-195]

View: https://x.com/GuthmannR/status/1849075723308315022

easy to post a unknown guy but difficult to get new data from more reliable sources.

Average size of a house in Mexico
In Mexico, the size of houses varies according to the State and type of housing, whether it is private or social welfare. In the case of the latter, the INFONAVIT regulations establish that all their homes must have a minimum size of 36m2. For Yucatan, the regulation establishes that social security houses in this State must have a minimum of 46 m2 and at least two bedrooms due to the extreme heat conditions.

In the private sector, the average size of a house in Mexico City ranges from 270 to 83 m2 and, according to INEGI statistics, most homes have between 2 and 5 rooms (33.29%), followed by homes with between 2 and 3 rooms (33.17%).

¿Cuántos metros cuadrados necesitas para tu casa ideal?

La casa ideal es aquella que te permite disfrutar de cada momento y hacer de cada espacio un rincón lleno de recuerdos. Pero ¿cuál es el tamaño ideal para tu familia?

www.grupoorve.com

For China the data only reflects urban properties, which now average 60 m2 (646 ft2) and have almost doubled in size in the last 15 years.

How Big is a House? Average House Size by Country - 2025 - Shrink That Footprint

Average house size varies from 484 sq ft in Hong Kong to 2300 sq ft in Australia. Smaller houses use less energy to build and keep livable.

shrinkthatfootprint.com

 

[E-195]

Comparing Mexico's Industrial Manufacturing Costs to China's

Mexico's industrial manufacturing costs is emerging as a prime contender to challenge China's dominance in industrial manufacturing.

novalinkmx.com

Labor Costs: The Key Differentiator
Labor costs are a significant factor in manufacturing competitiveness. While China's labor costs have increased significantly over the years, Mexico's labor costs have remained relatively low. According to a recent study, Mexico's average labor cost per hour is around $4.50, compared to China's $6.50. This cost difference can result in substantial savings for companies, especially those in labor-intensive industries.

are you so slow? labor costs do not meant salaries, current salary of Mexicans have risen to USD$440 from 2025, labor costs also means logistic so remember the US pays less by a truck from Mexico than a container from China

 

[E-195]

View: https://x.com/GuthmannR/status/1849075723308315022

A nation of old people claims to kinder garden has low life expectancy



Stupidy is say that young people have low expectancy since death rate is higher in China than Mexico

Crime related deaths in mexico are less than what CCP troll claims since it is 24 per 100000 people but death rate is 6.9 per 1000 and China now has almost 8 per 1000 and is going to raise due to an old population

China Death Rate 1950-2025

Chart and table of the China death rate from 1950 to 2025. United Nations projections are also included through the year 2100.

www.macrotrends.net

Country Name 2025 Death Rate
Mexico 6.405
China 8.168

 

[rockdog]

Don't exaggerate the impact, look at the reality

View attachment 21898

China centric suoply chain is spreading based on RCEP, Vietnam per GDP grows very fast.

 

[helin]

China centric suoply chain is spreading based on RCEP, Vietnam per GDP grows very fast.

View attachment 21928

View attachment 21929

Vietnam and Singapore are both countries in the Confucian cultural circle

 

[Azaad]

China centric suoply chain is spreading based on RCEP, Vietnam per GDP grows very fast.

View attachment 21928

View attachment 21929

Vietnam and Singapore are both countries in the Confucian cultural circle

Of course, Chinese industry uprooted their plants from China & moved into Vietnam lock stock & barrel. Most if not all these exports from Vietnam are Chinese companies. Should be fun when Trump eventually targets Vietnam

 

[concard]

US mighty dollar sooner or later will be replaced by electronic digital world`s currency, and that is no national currency.

The Yuan will not replace the dollar

I don't know what will replace the dollar or the present western imposed financial system on the world. But one thing is clear Chinese clearly don't want the current system replaced anytime soon. They posted close to $1 Trillion in trade surplus. They still have $760 billion in treasury bonds and their $3 Trillion in forex which are all in dollars or Euros. Replacing the current system will bring systematic collapse of the West and pulls down any country closely linked with the West.

Chinese are slowly selling their treasury bonds. It used to be above $1 Trillion. Now it's almost 25% lesser. Do they have a plan in mind? I don't know. As you said RMB can't replace the dollar given it's restrictions and how Chinese economy is structured. So what are the options? I can't see any right now. The only thing I see is Chinese trying to take over Taiwan and go head to head with USA and defeating and more or less destroying the USA will give them the power to dictate what comes after the dollar. This is also easier said than done. Since going against USA means Chinese would have taken more than a bloody nose. Even if they come out winning they will barely be able to stand. All in all the world is going to be a messy place if that happens.

Until then, let's enjoy the Ponzi scheme of Uncle Sam who continues to print the dollar to fund their deficit while we exchange our hard labor and precious resources and pretend we got something valuable in return.