Chinese Economics Thread

[MortyandRick]

What I can tell you is that I've personally 3'x my personal exposure to Chinese equities in the past couple of months.

Yeah same.
But the withholding tax is high, and limited investment vehicles available in north America.

Thanks for the advice guys.

 

[abenomics12345]

Yeah same.
But the withholding tax is high, and limited investment vehicles available in north America.

Thanks for the advice guys.

To be crystal clear, I am not giving you advice.

 

[MortyandRick]

To be crystal clear, I am not giving you advice.

Relax bud.
I'm not gonna come after a poster on a sub thread of a forum focusing on the Chinese military if I lose money. Just interested in everyone's thoughts that's all.
Don't worry.

 

[abenomics12345]

Relax bud.
I'm not gonna come after a poster on a sub thread of a forum focusing on the Chinese military if I lose money. Just interested in everyone's thoughts that's all.
Don't worry.

It's not you I'm worried about - it's the SEC.

 

[mossen]

Russia imposes fees to stem flood of low-cost Chinese cars​

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Russia bought up more than 1mn Chinese vehicles last year. The surge handed Chinese brands 63% of the Russian market, and sent local brands’ market share down to 29%. Rest are international brands.
Russian authorities have begun to push back. In January, Moscow raised “recycling fees”, which function akin to tariffs, to Rbs667,000 ($7,500) for most passenger cars, more than double the level of last September. The charges are set to rise by 10-20 per cent annually until 2030.

I guess it was inevitable that Russia would try to help their own brands as they feel like they have more leverage against China, now that relations with the US are warming up. My question: are these domestic automakers are competitive with Chinese OEMs?

My understanding is that most Chinese car exports to Russia are ICE and not EV. But even Chinese ICE cars are probably way better than Russian ones these days. These tariff wars just seem stupid to me.