Chinese Economics Thread

Petrolicious88

Senior Member
Registered Member
Go ahead Brandon!!! ;) he is making Huawei Great Again as there is an alternative in Harmony OS waiting in the wings...lol
How’s that going to make Huawei great again. Ticktock has nothing to do with Huawei.

There’s already a Chinese version of ticktock for domestic use. Ticktock has a billion active users on android and other platforms. Us wants to destroy ticktock by denying it a platform outside of china.
 

Orthan

Senior Member
Bloomberg article about local governments in china buying homes or encouraging state-owned entities to do so.

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IMO this is really bad. There is a big bubble in the chinese housing market, and this bubble should be deflated, not inflated. In addition to that, because prices are inevitably coming down, these entities could well suffer significant losses. The chinese central/local governments should have more respect to market forces.
 

Andy1974

Senior Member
Registered Member
Bloomberg article about local governments in china buying homes or encouraging state-owned entities to do so.

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IMO this is really bad. There is a big bubble in the chinese housing market, and this bubble should be deflated, not inflated. In addition to that, because prices are inevitably coming down, these entities could well suffer significant losses. The chinese central/local governments should have more respect to market forces.
Maybe it’s the bottom and they are buying cheap houses for subsidized rentals?
 

sunnymaxi

Major
Registered Member
Both of the central government and local governments in China have various tools at hand to deal with any economic downturn.

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The trend for yuan is appreciation. The combined effects with faster GDP growth assure that China will have a larger GDP than the U.S. in nominal terms in a few years.
don't forget this is SWIFT data only. means RMB will be the 3rd largest reserve currency by 2030.

China's own CIPS system expanding rapidly. 1300 international institutes have joined already.

so RMB will be the second largest reserve currency after Dollars by 2030 if we count both systems.
 

Overlord

New Member
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This sounds like a move which is not good, China have to reduce reliance on apple or non- Chinese products and Instead they should buy Chinese brands because they're trying to destroy massive manufacturing base of china and also they want to dominate entire market too. Clever strategy by western brand.

Innovation & improvement can only occurs when people will buy your products, if Chinese people don't buy
Go ahead Brandon!!! ;) he is making Huawei Great Again as there is an alternative in Harmony OS waiting in the wings...lol
How many people would buy huawei for only tiktok and nobody would ditch google & apple eco system for huawei outside of china ? Huawei doesn't have much apps if you compare to android & IOS, not only that you need million of devloper who can build huge amount of apps for your huawei os and it needs to be secure too , people prefer google & apple ecosystem for a reason . Many other Os such as even windows mobile died because of lack of apps and even samsung tizen OS also failed for similar reasons. Even I don't know how many people in china would switch to huawei and ditch their iphone & android os. Also in future Xiaomi and other Chinese phones & laptop is going to get same huawei hammer. Unless china doesn't build a better eco system & provide largepools of apps & software then mobile ,gaming, laptop and various other business of Chinese company will disappear . Still after so many years only very few people in china are using huawei & harmony os.
 

Biscuits

Major
Registered Member
This sounds like a move which is not good, China have to reduce reliance on apple or non- Chinese products and Instead they should buy Chinese brands because they're trying to destroy massive manufacturing base of china and also they want to dominate entire market too. Clever strategy by western brand.

Innovation & improvement can only occurs when people will buy your products, if Chinese people don't buy

How many people would buy huawei for only tiktok and nobody would ditch google & apple eco system for huawei outside of china ? Huawei doesn't have much apps if you compare to android & IOS, not only that you need million of devloper who can build huge amount of apps for your huawei os and it needs to be secure too , people prefer google & apple ecosystem for a reason . Many other Os such as even windows mobile died because of lack of apps and even samsung tizen OS also failed for similar reasons. Even I don't know how many people in china would switch to huawei and ditch their iphone & android os. Also in future Xiaomi and other Chinese phones & laptop is going to get same huawei hammer. Unless china doesn't build a better eco system & provide largepools of apps & software then mobile ,gaming, laptop and various other business of Chinese company will disappear . Still after so many years only very few people in china are using huawei & harmony os.
It is good that they're forced to shut out advancements instead of being able to compete with them. Just like the USSR in its last days.

If we were ever worried about how China could speed ahead in tech when China is so closely connected in the civilian sector to America... This is how. America itself will reject the advancements it needs to improve, turning its companies which have now become on dependent on state interference to survive into ineffective, uninnovative zombies.
 

ansy1968

Brigadier
Registered Member
This sounds like a move which is not good, China have to reduce reliance on apple or non- Chinese products and Instead they should buy Chinese brands because they're trying to destroy massive manufacturing base of china and also they want to dominate entire market too. Clever strategy by western brand.

Innovation & improvement can only occurs when people will buy your products, if Chinese people don't buy

How many people would buy huawei for only tiktok and nobody would ditch google & apple eco system for huawei outside of china ? Huawei doesn't have much apps if you compare to android & IOS, not only that you need million of devloper who can build huge amount of apps for your huawei os and it needs to be secure too , people prefer google & apple ecosystem for a reason . Many other Os such as even windows mobile died because of lack of apps and even samsung tizen OS also failed for similar reasons. Even I don't know how many people in china would switch to huawei and ditch their iphone & android os. Also in future Xiaomi and other Chinese phones & laptop is going to get same huawei hammer. Unless china doesn't build a better eco system & provide largepools of apps & software then mobile ,gaming, laptop and various other business of Chinese company will disappear . Still after so many years only very few people in china are using huawei & harmony os.
Bro what I'm saying is there is an alternative and whatever American touch become gold and I'm seeing it with Huawei Harmony OS. A great advert for those fanatic Tiktok user to use.;)
 
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