Chinese Economics Thread

[siegecrossbow]

Loaded up NIO at 11.8 during morning dip. Still averaging down. I sold BABA for loss.

You should’ve invested in SMIC when you had the chance. There is nowhere but up for that company in the current geopolitical climate.

 

[Wangxi]

 

[Bob Smith]

Thank the lucky stars 9/11 and the 2008 financial crisis happened.

 

[Tyler]

Loaded up NIO at 11.8 during morning dip. Still averaging down. I sold BABA for loss.

This Nio is potnetially a 10x stock?

 

[Tyler]

The key is economic freedom, let people do their thing.
Remove barriers to entry for employment and starting businesses


Also, dump the dollars, appreciate the yuan so Chinese can consume their own products.

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Lol force Chinese companies to move to the US.

Maybe they can make a tiktok just for the US market, the rest of the world will have another tiktok. China will still use its douyin.

 

[muddie]

It just shows the security concerns for TikTok is a lie. If they're okay with TikTok being sold and becoming a US company, it still has all the Chinese spyware they accused. If they know it exists they would be able to point it out but they show no proof of their accusations. Their concern over TikTok is its success as a Chinese company and nothing else. It just shows how more successful it is after going through the gauntlet of US paranoia and beating the best US companies.

The U.S. rhetoric of "national security concerns", "cyber attacks", "information theft" etc. in general are all lies.

Using "national security" as the cause for attacking foreign companies (or even foreign countries like Iraq) is the easiest and most justifiable cause because any party against it can be labeled an enemy of the state or unpatriotic. In the case of TikTok, it is clearly being targeted as it is too successful.

In the short term and especially if the GOP remains in power, we are going to see more and more Chinese companies get targeted. The reason is that while apps like TikTok itself is not that important in the grand scheme of things, it is problematic to the U.S. because it is a sign that China is slowly controlling the next generation of technologies. Chinese tech programs like the MIC 2025 will dictate the next generation of global tech.

As many have predicted, what we will see in the future is a clear divide between Chinese tech and U.S. tech, where each sides have different specifications and will not be compatible with each other.

 

[localizer]

Maybe they can make a tiktok just for the US market, the rest of the world will have another tiktok. China will still use its douyin.

In exchange, Apple needs to make a separate China division .

 

[AndrewS]

The key is economic freedom, let people do their thing.
Remove barriers to entry for employment and starting businesses


Also, dump the dollars, appreciate the yuan so Chinese can consume their own products.

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Lol force Chinese companies to move to the US.

Again, appreciating the Yuan makes foreign products cheaper for Chinese consumers.

Increasing wages is the way forward to increase domestic consumption

 

[AndrewS]

If you ever worked with automation you know it requires alot of electricians and different mechanics to keep it running, those are mid end jobs that require some brains and creativity. An automated production line also requires alot more engineers to plan and design.
But most low end jobs will be service jobs, cleaning, maintenence, delivery, retail etc

We can see advances in automation are coming for the

"low end jobs will be service jobs, cleaning, maintenence, delivery, retail etc"

 

[Petrolicious88]

You should’ve invested in SMIC when you had the chance. There is nowhere but up for that company in the current geopolitical climate.

Not necessarily. Yet to be seen if IC problem is something that can be solved with money. And the stock is wayyy overvalued right now due to hype.