broadsword
Brigadier
What are "Laomi products"?
Chinese Economics Thread
- Thread starter Norfolk
- Start date
labor intensive
David Goldman has been talking about China's Industry 4.0 move for quite a bit now. Things definitely look that way given Huawei's MWC presentation last week when they talked about using industrial 5G, AI and automation to improve efficiency in manufacturing and cutting labor costs
Well displayed here, presented by Huawei on improving throughput with Tianjin.
And here with smart mining
and smart PV
and check this smart cola mine and MineHarmony on all the machines that also can collaborate with your Harmony phone
You want to cut Huawei off 5G? Okay, but China will just beat you in efficiency, throughput and manufacturing. And it will get there will lower energy cost.
As described here, Industry 4.0 and 5G usage really hasn't picked up elsewhere
I do wonder if America hadn't sanctioned Huawei, if they would have been this aggressive with this pivot. Regardless, Chinese industries /mines/ports are certainly benefitting from all these technology. Also going to be helpful in an era when Chinese youths only want to work in white collar type of jobs.
I'm not sure 6G is needed, but faster wireless internet, greater CPU processor and such are all necessary in making future industries more efficient.
Well displayed here, presented by Huawei on improving throughput with Tianjin.
You want to cut Huawei off 5G? Okay, but China will just beat you in efficiency, throughput and manufacturing. And it will get there will lower energy cost.
As described here, Industry 4.0 and 5G usage really hasn't picked up elsewhere
I do wonder if America hadn't sanctioned Huawei, if they would have been this aggressive with this pivot. Regardless, Chinese industries /mines/ports are certainly benefitting from all these technology. Also going to be helpful in an era when Chinese youths only want to work in white collar type of jobs.
I'm not sure 6G is needed, but faster wireless internet, greater CPU processor and such are all necessary in making future industries more efficient.
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Its the Soviet Union effect. Cutting yourself off from the tech leaders just because of "national security" and trying to spite them by temporarily cutting them out of your own markets don't pay off in the long run because it will just put you behind on tech, which is one of the dumbest things you can do in a cold war, since every increase in Chinese efficiency due to tech that America isn't getting due to self imposed sanctions is another force multiplier on the societal level which will put US even further behind, necessitating more sanctions and more backwardness in a never ending cycle.
Deng Xiaoping had the right idea how to deal with competition when approaching them from a position of relative tech inferiority, and cutting them all out of your walled kingdom isn't the right idea.
Good. The more self-destructive missteps by the principal threat actor, the better.
Soviet Union never got free access to anything crucial unlike China until the last 4 years
As I've discussed this and explored in this podcast. China has a whole lot of chemical capacity coming online in the next few years and they will finally go from a large net importer to a net exporter. That will cause huge changes. Here is where China's access to low cost crude/natural gas will really help. China will have new & more efficient refinery and probably more automated.
So, the net result is that they will probably cause more Western refineries to collapse and cause wider changes in trade balances and global chemical industry.
Is there any chance that these western countries will cut off oil supply to these refineries? Their politicians don't mind having higher prices for refined products.
Which western countries do you think china is buying from? China is getting dirt cheap oil and gas from Russia and Iran. Very soon, it will get dirt cheap green ammonia and hydrogen.
China has energy cost advantage everywhere over Europe. That's why basf is cutting workers in Germany and building new plants in china.