Chinese Economics Thread

[gelgoog]

Xiaomi basically started as a low effort operation. Everything was outsourced. Unfortunately they do not seem to be getting out of that hole.

... stockpiling cash means nothing.... what would be worrying is if they stockpiled a lot of food, energy, raw resources in preparation for something later this year

But China is and have been doing stockpiling for months already.

The West is helping make a mess of things by basically blocking shipments both to and from Russia. They don't allow their own companies to operate those routes. They don't want to let Russian shipping companies to do it either. COSCO seems to be the only major operator for Russian container sea trade right now. This is a big chance for smaller players to move in. Some are already doing blockade runs even in the Black Sea. Which is an active conflict zone where the Ukrainians spread a lot of mines currently mostly floating near Romania.

 

[ansy1968]

This is worrying. Governments usually do this when they are expecting a crisis soon. It seems the Chinese government thinks a global slowdown is possible.

@BoraTas Sir after the Virtual Summit with Brandon, the CCP is under no illusion that they will be the next target as the sanction of Russia is a trial run for more bigger target which is China. Sir 2025 is an infection point and may led to War, The American strategy is to squeeze China like they had done with the Japanese that prelude to WW2 in the Pacific, they're waiting for TSMC FAB in Arizona to finished and are laying the groundworks for fencing in the Chinese, will it work? Well with Russia at its back the chance maybe lessen as the Russian can supply the needed resources to sustained the Chinese economy, what about the Semiconductors and of Taiwan? I believed that within that timeframe China will be self sufficient, with it the advantage of freedom of action instead of reacting to US moves. The Chinese may choose where to strike and when. From Sun Tzu "Don't depend on the enemy not coming, Depend Rather on being ready for Him".

 

[victoon]

Meh. Stock buybacks. How about investing in real capabilities Xiaomi.

Chinese tech companies doing stock buy back right now is brilliant. We are talking about foreign investors giving the fattest part of Chinese economy back to China at super low price because they couldn't understand China and are thinking China is doomed.

 

[victoon]

@gelgoog yeah the worst Chinese tech company ever the same level as Lenovo, more optics less muscle, idolizing a dead person (Steve Job) ideas that contribute nothing to society.

You talk like somebody. I hope you are.

Xiaomi and Lenovo are both amazing companies. If their products are not good enough for you, maybe consider going back to landlines and calculators. Without these two companies, Chinese will be using overpriced imports. say goodbye to all of China's ecommerce, social media, self-media. heck, without these two companies to beef up demand for speedy networks, say goodbye to your glorious Huawei.

And Steve Jobs is the simply the most brilliant tech leader ever. every consumer product leader should learn from him.

 

[gelgoog]

Xiaomi and Lenovo would die in an instant with sanctions.

 

[FriedButter]

You talk like somebody. I hope you are.

Xiaomi and Lenovo are both amazing companies. If their products are not good enough for you, maybe consider going back to landlines and calculators.

The fact you had an account here since 2009 and still don’t know what they are talking about just shows how out of touch you are with the rest of the forum since you think they are complaining about products.

And Steve Jobs is the simply the most brilliant tech leader ever. every consumer product leader should learn from him.

Steve Job isn’t a brilliant tech leader. He was a marketing genius. If you want to real tech backbone of Apple that would be Steve Wozniak and Scott Forstall. Not Steve Jobs.

 

[NiuBiDaRen]

Lol so I'm at a two day conference on gas.

First day, chairman of my company (guy who regularly appears on Bloomberg) shits all over China, saying Covid Zero and PipeChina don't make no sense.

On the second day, after my Chinese director spoke to him, he was like yeah uhh actually I was too mean to China.

He then said yeah I guess China is still better than Korea Vietnam India (in gas policy). Lol!

He even said, well since China is so big with so many players, what PipeChina is doing is pretty good I guess considering all the complications with all the regional differences and companies.

After the India presentation, he commented one sentence 'yeah actually China is doing better than India you know'.

Funny story.

The basal prejudice against China is strong everywhere!

 

[victoon]

Xiaomi and Lenovo would die in an instant with sanctions.

apple would die too. big deal. you can't judge a company based on one stupid geopolitical factor. everyone plays a role. most of them play a different, but nonetheless important and irreplaceable role. Every one of these tech companies contribute to China's economic and national security. you might think chip companies are important. But in the long run, you need great downstream companies to keep chip companies healthy. It's the eco system, not the few trees, that matters the most.

 

[dfrtyhgj]

Meh. Stock buybacks. How about investing in real capabilities Xiaomi.

They probably are not cancelling the stock, so they are buying them back to sell on Chinese stock markets. Basically, they are getting rid of USD.

 

[ansy1968]

You talk like somebody. I hope you are.

@victoon bro I'm not, just an average Juan that see values on my Huawei P30pro.

Xiaomi and Lenovo are both amazing companies. If their products are not good enough for you, maybe consider going back to landlines and calculators. Without these two companies, Chinese will be using overpriced imports. say goodbye to all of China's ecommerce, social media, self-media. heck, without these two companies to beef up demand for speedy networks, say goodbye to your glorious Huawei.

Bro no question there , agree on most of your point, BUT the facts remain they're only a mere assembler not an innovator.

And Steve Jobs is the simply the most brilliant tech leader ever. every consumer product leader should learn from him.

He is an icon of his time no Doubt about it BUT had Xiaomi and Lenovo improve? compare to Huawei? bro I respect your opinion very much BUT my admiration for Huawei stand, they're a vanguard of Chinese Tech and compare the two as @gelgoog had posted can they last?