Chinese Economics Thread
- Thread starter Norfolk
- Start date
yeah I do think they need to stimulate the NEV market a little more. February sales numbers so far look weak.
probably the more promising part is that non-manufacturing expanding more. That would indicate the service sector doing really well.
Caixin manufacturing was a little weaker, but broadly along the same line as official PMI
escobar
Brigadier
For the first time in about 25 years, a majority (55%) of US companies which are already in China don't see the country as in their top 3 priorities for more investment.
That's obviously because China's workers have become too expensive compared to other countries in the vicinity and not because Biden told them about the "China Threat".
And this could not hurt China in any way because they are now relying more on high-level technological output, and individual workers' productivity and creativity, not so much on lower technology mass output.
That was the trend for years now, for them to relocate to Vietnam or India, it was obviously not only now, and more so, not because Biden told them because the US government can't control private companies, unlike China which can actually control its private companies.
The US is an oligarchy where its private companies control the government, unlike in China, which is an autocracy where the government controls the private sector. I can imagine China convincing its companies not to invest in the US more, if needed, than the reverse happening.
Or they were being outcompete by the locals, American brand doesn't hold much value as Nationalism is on the rise in China as The US ramp up tension.
I'm sure it could be 99 additional explanations than what some delusional Westerners think it was.
Example: They think it was because of "Xi tightening the grip", whatever it means.
I'm sure it could be 99 other explanations, but not that one because it sounds stupid.
They always have the stupidest and most ideologically-driven explanations for the simplest things.
Yup you nailed it bro, the Americans are exceptional people, they can't do wrong IF any they blame it on you...lol
Their mouths say one thing, their wallets say another.
The question is not whether China is getting more Western investment, but whether it is beating more Western companies and getting more global market share.
Ultimately, you don't want Western investors profiting off of your fortunes. It is a necessary evil only in the sense that more capital can help you win against competitors. But if you can win without Western capital, all the better.
Ultimately, you don't want Western investors profiting off of your fortunes. It is a necessary evil only in the sense that more capital can help you win against competitors. But if you can win without Western capital, all the better.