Does anyone know how to invest in offshore RMB?
Chinese Economics Thread
- Thread starter Norfolk
- Start date
The goal of anti Australian sanctions were probably never intended as large scope or open ended. Instead, it was meant to be a way to test the waters and get Australia into Yuan trading.
I think almost the opposite to you, that now is a good time to scale back, but ensure that as much of the formerly sanctioned will be using yuan to resume trade.
Australia is an outpost of fascism in Asia, and as we see with most fascist countries, they're good at balling up when there's an external threat and taking punishment. A plan to topple Australian economy might hurt the people, but the regime will survive.
Instead, let Australia's leaders keep their "freedom" to spew hate and radical ideology, but let them become a carrier for the yuan trade. He will help spread dedollarization like a sick soldier that returns to his master's camp.
It's freely traded on all the fx exchanges. You should look into cnh.
I think this is a good article here talking about one of the structural advantages that China has over everyone else. The port advantage is just one of the many advantages it has
There is a reason China doesn't spend money on building commercial ports of other countries in ASEAN, but do it in Africa, West Asian and Latin America. It's not in China's interest to do so.
This is not great. shows SME in China is not doing as well as large state corporation in manufacturing.
This will help. new home sales will lead to more consumer spending
I find this kind of funny. It should be obvious that there is a lot of room for domestic chipmakers to grow
There is a reason China doesn't spend money on building commercial ports of other countries in ASEAN, but do it in Africa, West Asian and Latin America. It's not in China's interest to do so.
This is not great. shows SME in China is not doing as well as large state corporation in manufacturing.
This will help. new home sales will lead to more consumer spending
I find this kind of funny. It should be obvious that there is a lot of room for domestic chipmakers to grow
One sign of how quickly China is moving can be seen in its trade vs South Korea. At this point, it's clear that China has completely defeated Korean industries and Korea now relies on Chinese supply chain
Koreans tried to stop China's progress by ordering up all of Japan's high end vacuum evaporation machines, but China ended up just producing its own and even surpassed Japanese producers. At this pace, China's OLED production will reach parity with Korea very soon.
Huawei stood by BOE even when they got slammed for quality domestically
Koreans tried to stop China's progress by ordering up all of Japan's high end vacuum evaporation machines, but China ended up just producing its own and even surpassed Japanese producers. At this pace, China's OLED production will reach parity with Korea very soon.
Talks about chip export. Clearly, Korea saw a big fall here.
Korean cars really never did well in Chinese market, but now they can't even export parts to China. All Korean automakers have are EU and American export markets. But I think Chinese EV exports to Europe will probably end up killing Korean exports there.
Korea runs biggest deficit to China in chemical material, batteries, computers & industrial electronics.
Historic norms are being restored. No surprise there.
I think there are some solid info on what Chinese rare earth companies are scouring the globe for more rare earth mines so that it can take over them and refine them.
Keep in mind that while China has the most rare earth reserves, it is far and away the only control with them. russia/vietnam/brazil all have about 1/2 of what China has. Australia also has some rare earth. The key is processing technology. China restricts the export of RE processing technology. It also has the expertise and large knowledge base in processing RE. That's how it comes to dominate the industry. I always find it funny for articles to say x and y can partner up and get away from China. These people think Rare earth is oil and that you can just refine the metals with a snap of their fingers. It's like economics, refining technology and knowledge base don't matter at all.
Keep in mind that while China has the most rare earth reserves, it is far and away the only control with them. russia/vietnam/brazil all have about 1/2 of what China has. Australia also has some rare earth. The key is processing technology. China restricts the export of RE processing technology. It also has the expertise and large knowledge base in processing RE. That's how it comes to dominate the industry. I always find it funny for articles to say x and y can partner up and get away from China. These people think Rare earth is oil and that you can just refine the metals with a snap of their fingers. It's like economics, refining technology and knowledge base don't matter at all.
supercat
Major
VW will invest up to 15 billion euros in its EV ventures in China by 2024.
several deals in discussion bw China & Brazil.
BYD working with Orion-E for 1000 100kWp projects in Brazil, so 100 mWp in total. enough to power 30,000 homes
GWM building charging network in Brazil
A whole list of deals here. BYD taking over Ford factory.
Embraer getting a small order of E2s. This should be no problem. E2 is not as good as A220, but it works well enough in the short haul market and doesn't interfere with C919
Of course, Vale is the big one with China providing financing for various projects
and
And we will see if they announce stuff like space exploration, semiconductor plant, AI, cloud computing & green hydrogen. A lot of stuff China can offer for greater ties and using Chinese system.
BYD working with Orion-E for 1000 100kWp projects in Brazil, so 100 mWp in total. enough to power 30,000 homes
GWM building charging network in Brazil
A whole list of deals here. BYD taking over Ford factory.
Embraer getting a small order of E2s. This should be no problem. E2 is not as good as A220, but it works well enough in the short haul market and doesn't interfere with C919
Of course, Vale is the big one with China providing financing for various projects
and
A bunch of other ones too. This is a pretty consequential trip in firming up ties bw China and Brazil.
And we will see if they announce stuff like space exploration, semiconductor plant, AI, cloud computing & green hydrogen. A lot of stuff China can offer for greater ties and using Chinese system.