Chinese Economy Watch

100iq said:
As I already told you,there is a thing called trade, America had asked China several times in trade war to allow the beef with ractopamine, as I told you we can import those cheap beef with ractopamine just like South korea if we want. It has 0 to do with number of cattle u had within the country.
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1737276576940.webp
 
100iq said:
As I already told you,there is a thing called trade, America had asked China several times in trade war to allow the beef with ractopamine, as I told you we can import those cheap beef with ractopamine just like South korea if we want. It has 0 to do with number of cattle u had within the country.
Click to expand...
The US beef will be more expensive just for the fact it has to be send to China, do not joke, the farther a product is brought, it gets more expensive.

Fromm Brazil or Argentina will be the same.

The difference is if you produce it it is cheaper and offer and demand still exists.

Mexico imports and export beef but the ability to produce it is higher per capita.

Brazil is even more capable since it has a production 7 times of mexico but only 0.8 larger population.

Reality bites but the higher producer can sell cheaper
 
helin said:
View attachment 22384
Click to expand...
The United States Department of Agriculture (USDA) projected that during the next decade, meat consumption in Mexico would be around 82.5 kilograms per capita, taking into account beef, pork and poultry products.

In the case of chicken meat, it is expected to have the greatest growth, going from 38.3 kg. in 2023 to 43.8 in 2033. Meanwhile, pork consumption would increase from 20.2 kg. to 22.6 kg. and beef would experience the smallest increase, from 15.7 to 16 kg.

Each Mexican ate 80 kilos of beef, pork, chicken, lamb and goat in 2023, compared to 76.9 kilos in 2022, compared the businessman, who anticipated that by 2024 there will be a measured increase to 81.1 kilos per capita.
forbes.com.mx

Consumo de carnes en México sube 9 kilos en cinco años: cárnicos

El Consejo Mexicano de la Carne lo atribuye a mayores ingresos por remesas, los aumentos al salario mínimo y las transferencias del gobierno a las personas.
forbes.com.mx forbes.com.mx
Mexicans eat more Chicken and Beef than Chinese

China only eats more pork
www.ganaderia.com

Tendencias en el consumo de carne en México: Expectativas del USDA y efectos del T-MEC

El organismo estadounidense proyectó que hacia 2033, la ingesta de carne en nuestro país gozaría de una tendencia alcista, impulsada por una mayor producción y un aumento en el volumen de importaciones.
www.ganaderia.com www.ganaderia.com
 
E-195 said:
The US beef will be more expensive just for the fact it has to be send to China, do not joke, the farther a product is brought, it gets more expensive.

Fromm Brazil or Argentina will be the same.

The difference is if you produce it it is cheaper and offer and demand still exists.

Mexico imports and export beef but the ability to produce it is higher per capita.

Brazil is even more capable since it has a production 7 times of mexico but only 0.8 larger population.

Reality bites but the higher producer can sell cheaper
Click to expand...

The cost of modern maritime shipping is negligible. For example, shipping a 20-foot container(teu) from China to the West Coast of US typically costs around $3,000 for a load capacity of up to 28,000 kg, which is even insignificant when compared to a 12% tariff as for per kilo. It's ture that countries like Argentina, Brazil, Australia, and New Zealand are well-suited for cattle raising ,particularly South American nations.But for instance, beef imported from Brazil Aka 2nd biggest beef producer was priced at around $5 per kilo last year, and even with added tariffs and taxes bringing the cost to 6, the market price $7 which directly led to domestic beef prices dropping below $8 per kg. In any case, the cheapest beef without ractopamine still costs at least $5 per kg, with tariffs 12%, while shipping costs are nearly negligible. Beef containing ractopamine, however, can be priced less than half the price.So u can see which is the main factor.
 
100iq said:
The cost of modern maritime shipping is negligible. For example, shipping a 20-foot container(teu) from China to the West Coast of US typically costs around $3,000 for a load capacity of up to 28,000 kg, which is even insignificant when compared to a 12% tariff as for per kilo. It's ture that countries like Argentina, Brazil, Australia, and New Zealand are well-suited for cattle raising ,particularly South American nations.But for instance, beef imported from Brazil Aka 2nd biggest beef producer was priced at around $5 per kilo last year, and even with added tariffs and taxes bringing the cost to 6, the market price $7 which directly led to domestic beef prices dropping below $8 per kg. In any case, the cheapest beef without ractopamine still costs at least $5 per kg, with tariffs 12%, while shipping costs are nearly negligible. Beef containing ractopamine, however, can be priced less than half the price.So u can see which is the main factor.
Click to expand...
good blah blah blah blah.

Reality the Price of Beef is more expensive in China than in Mexico and Chinese eat around half of beef Mexicans eat
 

Nuclear Will Break Records In 2025, But Major Challenges Remain In US And Europe, Says IEA​

By David Dalton
16 January 2025


Most projects are in China, which is set to be world leader for installed reactor capacity by 2030
Nuclear Will Break Records In 2025, But Major Challenges Remain In US And Europe, Says IEA
China is on course to overtake both the US and Europe in installed nuclear capacity by 2030. Courtesy CNNC.
Nuclear power generation is likely to break records in 2025 as electricity demand accelerates – but costs, project overruns and financing must be addressed, particularly in the US and Europe where new projects have exceeded budgets and seen delays, according to a report by the International Energy Agency (IEA).

The agency said in the report, The Path to a New Era for Nuclear Energy, that renewed momentum behind nuclear energy has the potential to open a new era for nuclear power with 70 GW of new nuclear capacity under construction globally, one of the highest levels in the last 30 years. More than 40 countries around the world have plans to expand nuclear’s role in their energy systems, it said.

Small modular reactor in particular offer exciting growth potential with the first commercial units expected online in the mid-2030s.

China, India, South Korea and Europe are likely to have new reactors come on stream, while several in Japan are also forecast to return to generation, and French output should increase.
Electricity demand is also expected to increase around the world, fuelled largely by the move to a low-carbon economy. Data centres, electric vehicles and heat pumps, as well as many low-carbon industrial processes, require electricity rather than oil and gas.

New generation capacity from a range of technologies will be needed to keep pace with the rapid demand growth, including those that can provide firm and flexible output such as nuclear, the IEA said.

IEA executive director Fatih Birol said there is “fresh impetus” behind nuclear in the form of new policies, projects, investments and technological advances.

Action Needed On Financing And Supply Chains​



But he warned there are major challenges that need to be addressed to build on the current momentum and enable a new era to take hold. This includes insights on how to finance new nuclear projects while ensuring reliable and diversified supply chains for building and fuelling them.

Governments and industry must still overcome some significant hurdles, starting with delivering new projects on time and on budget.

Birol said in the US and Europe new nuclear projects have come online “much later and much more expensive than planned”. New plants have seen delays of about eight years and have been about 2.5 times over the original cost.

“There is a major issue of performance of nuclear companies in the US and Europe,” Birol told a press conference on 16 January. “This is one of the reasons why we have seen a decline in the share of nuclear in the US and Europe. In Europe the nuclear share was 35% in 1990s. It is now 25% and in 10 years it will be less than 15%.”

He said that in the US and Europe the political appetite for nuclear had not been strong and the industry had not performed well.

China, Birol said, has stable policies that support the construction of new nuclear plants. Half of the commercial nuclear plants under construction are Chinese. In five years, China will overtake US and Europe and will be the number one nuclear power in the world, he said.

The Global Map Is Changing​



The IEA said most of the existing nuclear power fleet is in advanced economies, but many of those plants were built decades ago. Meanwhile, the global map for nuclear is changing, with the majority of projects under construction in China, which is on course to overtake both the US and Europe in installed nuclear capacity by 2030.

Russia is also a major player in the nuclear technology landscape. Of the 52 reactors that have started construction worldwide since 2017, 25 are of Chinese design and another 23 are of Russian design.

According to the report, a new era for nuclear energy will require significant investment. In a rapid growth scenario for nuclear, annual investment would need to double to $120bn (€116bn) by 2030. Given the scale of the infrastructure investment required, the rollout of new nuclear projects cannot rely exclusively on public finances, the report said.

IEA analysis shows that ensuring the predictability of future cash flows is key to bringing down financing costs and attracting private capital to the nuclear sector.

Birol said private investors, major banks and tech companies are showing interest in the European nuclear industry, but governments need to lower risks to encourage investment by guaranteeing contracts and cutting regulation.

The private sector started to invest more in nuclear in 2024 to cover growing electricity demand for data centres and artificial intelligence, but long delays and cost overruns for recent projects have hurt European competitiveness.
 

Superlarge rare-earth deposit discovered in SW China’s Yunnan, with potential resources reaching 1.15 million tons​


A superlarge ion-adsorption-type rare-earth mineral deposit in Southwest China's Yunnan Province has been discovered, with potential resources reaching 1.15 million tons. It's expected to become the largest middle and heavy rare-earth deposit in China and further strengthen China's strategic advantage in the field, the Global Times learned on Friday from the China Geological Survey under the Ministry of Natural Resources.

Among them, the key rare-earth elements such as praseodymium exceed 470,000 tons. This marks a breakthrough in the exploration of ion-adsorption type rare-earth minerals in China since the first discovery of such kind in East China's Jiangxi Province in 1969. It is of great significance to consolidate China's advantages in rare-earth resources and improve the rare-earth industrial chain, according to the China Geological Survey.

The recently discovered minerals are primarily middle and heavy rare-earth minerals. China has abundant light rare-earth resources, mainly distributed in areas such as Bayan Obo mining area in North China's Inner Mongolia Autonomous Region. Among other things, the middle and heavy rare-earth resources are essential raw materials for electric vehicles, renewable energy, and national defense security, and are key metals for the development of high-tech industries, said the China Geological Survey.

The China Geological Survey has established a national geochemical baseline network, generated extensive data, and advanced mineral exploration techniques. It has filled the gap in geochemical exploration technology for ion-adsorption type rare-earth minerals.
 
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