Chinese Economics Thread

Hitomi

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Demand is down from overseas. Of course manufacturing is weak.

The more pressing concern is that unemployment for young people is at a staggering 19.6 percent, worst in decades.
I wonder if the government can obtain data on what qualifications the majority of these students have. If they are indeed largely software engineers that got their degrees during the tech industry pre-crackdown, could the government implement a short course(around a semester or less) to brush them up with skills in developing more software for Chinese OSes etc. Since one of the challenges facing wider adoption of Chinese OSes is the software ecosystem (I have no software qualifications so I won't really understand the feasibility of such a policy)
 

tphuang

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why do I talk about the green hydrogen industry so much? It's because of its vast size. Consider this by Ping An
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未来可预见氢能市场的上游制氢、中游储氢运氢和下游加氢用氢三个环节分别有着10000亿元、200亿元以上和万亿级的市场规模,氢能市场将会成为一个巨大的蓝海市场,未来有着巨大的发展潜力。
so they estimate in the future, market size for hydrogen production (electrolysis, CCUS & industrial processed) to be worth 1T RMB. Hydrogen transportation business to be over 20B RMB. And more importantly, the downstream hydrogen usage and processing industry to be several trillion RMB. In fact just the hydrogen fuel cell alone will be more than 100B RMB. And then you have industrial usage, transportation, power generation & other areas.

On top of that, the very existence of green hydrogen means that China's vast solar & wind industry will get additional orders to generate electricity that will split water
 

tphuang

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This is a big deal, lol


China bring technology & industrial help across a bunch of fields + some securit
Saudis bring energy, capital, regional support & RMB usage

Since March, Aramco has:
invested in 2 major refineries
this steel plant
awarded $3B EPCI contract to COOEC (China Offshore Oil Engineering Company)
formed JV w/ Geely

Rumored to:
List on HKSE
invest in more refineries
invested in Chinese assets
Buy Gold @ SGE w/ their RMB earnings

This also has PIF involvement, which has to be one of the largest sovereign wealth fund. After the CS debacle, the Saudi higher ups were probably wondering what they got out of investing in western financial system instead of acquiring hard technology

Saudis & Aramco will get more tech transfer from China in 1 year than it did all those many years it followed America
 

tphuang

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This is interesting. China is looking to develop uniform standard for chemical products. Maybe the discussion go beyond that. Creating some time of single market in the region like with NAFTA.

This is highly relevant to Russia, the EAEU and China as Russia has a huge petrochemicals and agricultural industry with China a major client. In return, Russia wants Chinese technical manufacturing and IT support, with both sides needing to agree on their mutual standards and regulatory controls.
 

Strangelove

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China is now going Chinese – Xiaomi is set to join the train​


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A few days ago, some Xiaomi fans called on Lei Jun, chairman of Xiaomi Group, that Xiaomi could launch more small – size mobile phone products. It is a pity that Lei Jun refused. According to Lei Jun, the main reason why Xiaomi can not launch
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is that its market is too small to handle its high R&D costs. Xiaomi no longer launches small – size models, which may make some netizens feel sorry. However, Mobile China noticed Xiaomi seems to be changing its supply chain. The company appears to be focusing more on Chinese parts for its mobile phones and other products.

According to a Weibo tech blogger, “Xiaomi is now more mature in its supply chain control. The 13U Huaxing screen has a good review, including the custom size 1080p, 1.5K, and 2K Chinese screens are all good. Xiaomi now focuses on
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gradually to avoid risks”.

At present, in addition to folding screens, Xiaomi’s most positioned and priced mobile phone product is Xiaomi 13 Ultra. Before the release, Xiaomi announced that this model will use the C7 screen from Chinese screen brand Huaxing Optoelectronics. This is beyond the expectations of many people. After all, in the perception of many people, there are still many gaps between the screens of Chinese brands and the screens of top non – Chinese brands.

However, according to official info, the Huaxing C7 screen used by Xiaomi 13 Ultra has 2K resolution. It also uses a diamond-like arrangement, 2600 nits maximum brightness, and 1-120Hz adaptive refresh rate. The display also supports dynamic display tech, super large viewing angle, ultra – low colour, DC dimming at high brightness, 1920Hz PWM dimming at low brightness and other features. Simply put, it is one of the world’s top mobile phone screens.

Why Chinese brands will focus on Chinese parts – reasons for Xiaomi to move​

Many people think that most brands in China will use Chinese parts because of the U.S. ban on Huawei. However, this is not really the case. There are a good number of reasons why this will happen. In recent years, Chinese mobile phone brands have gained huge market share both in China and globally. Brands such as Xiaomi, Huawei, Oppo, and Vivo have become top names in the mobile phone industry. One of the reasons for their success is their focus on using Chinese parts in their mobile phones.

1. Cost​

Putting the ban aside, Chinese parts are cheaper. So why wouldn’t Chinese brands focus on Chinese parts? Chinese parts are generally cheaper than imported parts, and this allows Chinese mobile phone brands to keep their prices low. The Chinese mobile phone market is highly competitive, and users are very price – sensitive. By using Chinese parts, Chinese mobile phone brands can offer products with similar specs to those of their foreign rivals but at lower prices. This gives them a rival advantage in the market.
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2. Quality control​

Another reason why Chinese mobile phone brands would focus on Chinese parts is quality control. By using Chinese parts, Chinese mobile phone brands have better control over the quality of their products. They can work more closely with their supply chain to ensure that the parts meet their specs and standards. This is very vital in a market where users demand high – quality products. By controlling the quality of their products, Chinese mobile phone brands can build trust with their users and establish a strong brand reputation.

3. Supply chain ease​

It is far easier to deal with parts coming from within a nation than from different nations. They can respond quickly to changes in demand or supply issues. This is very vital in the mobile phone industry, where many new products are launched yearly and parts can become scarce due to market changes. By using Chinese parts, Chinese mobile phone brands can avoid the risks that come with long supply chains. It will also reduce their dependence on foreign suppliers.

4. Promotes Chinese Tech Market​

Every brand wants to grow its tech market because it will be of benefit to all. The use of Chinese parts by Chinese brands will further grow China’s tech industry. By using Chinese parts, Chinese mobile phone brands are contributing to the growth of China’s tech ecosystem. This is vital for the long – term growth of the country’s tech industry. The Chinese govt has also been supporting the growt of its domestic tech industry through various policies and initiatives. By using Chinese parts, Chinese mobile phone brands are aligning themselves with the govt’s vision and goals.

5. Strong market presence​

Focusing on Chinese parts helps Chinese mobile phone brands to differentiate themselves from their foreign competitors. By using Chinese parts, Chinese mobile phone brands can create products that have a unique identity and appeal to Chinese users. This is important in a market where foreign brands dominate and
Please, Log in or Register to view URLs content!
are becoming more discerning and demanding. By using Chinese parts, Chinese mobile phone brands can create products that are tailored to the needs and preferences of Chinese consumers.

Chinese chips

Final Words​

The possibility of an erratic behaviour of the U.S. towards Chinese brands is only a miniature part of the reasons why Chinese brands are set to go Chinese. In addition to cost and lower prices, it allows them to have better quality control over their products. This is important in a market where users demand high-quality products. It provides them with more flexibility in their supply chain, which is important in the fast-paced and competitive mobile phone industry.
 

pevade

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China is now going Chinese – Xiaomi is set to join the train​


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A few days ago, some Xiaomi fans called on Lei Jun, chairman of Xiaomi Group, that Xiaomi could launch more small – size mobile phone products. It is a pity that Lei Jun refused. According to Lei Jun, the main reason why Xiaomi can not launch
Please, Log in or Register to view URLs content!
is that its market is too small to handle its high R&D costs. Xiaomi no longer launches small – size models, which may make some netizens feel sorry. However, Mobile China noticed Xiaomi seems to be changing its supply chain. The company appears to be focusing more on Chinese parts for its mobile phones and other products.

According to a Weibo tech blogger, “Xiaomi is now more mature in its supply chain control. The 13U Huaxing screen has a good review, including the custom size 1080p, 1.5K, and 2K Chinese screens are all good. Xiaomi now focuses on
Please, Log in or Register to view URLs content!
gradually to avoid risks”.

At present, in addition to folding screens, Xiaomi’s most positioned and priced mobile phone product is Xiaomi 13 Ultra. Before the release, Xiaomi announced that this model will use the C7 screen from Chinese screen brand Huaxing Optoelectronics. This is beyond the expectations of many people. After all, in the perception of many people, there are still many gaps between the screens of Chinese brands and the screens of top non – Chinese brands.

However, according to official info, the Huaxing C7 screen used by Xiaomi 13 Ultra has 2K resolution. It also uses a diamond-like arrangement, 2600 nits maximum brightness, and 1-120Hz adaptive refresh rate. The display also supports dynamic display tech, super large viewing angle, ultra – low colour, DC dimming at high brightness, 1920Hz PWM dimming at low brightness and other features. Simply put, it is one of the world’s top mobile phone screens.

Why Chinese brands will focus on Chinese parts – reasons for Xiaomi to move​

Many people think that most brands in China will use Chinese parts because of the U.S. ban on Huawei. However, this is not really the case. There are a good number of reasons why this will happen. In recent years, Chinese mobile phone brands have gained huge market share both in China and globally. Brands such as Xiaomi, Huawei, Oppo, and Vivo have become top names in the mobile phone industry. One of the reasons for their success is their focus on using Chinese parts in their mobile phones.

1. Cost​

Putting the ban aside, Chinese parts are cheaper. So why wouldn’t Chinese brands focus on Chinese parts? Chinese parts are generally cheaper than imported parts, and this allows Chinese mobile phone brands to keep their prices low. The Chinese mobile phone market is highly competitive, and users are very price – sensitive. By using Chinese parts, Chinese mobile phone brands can offer products with similar specs to those of their foreign rivals but at lower prices. This gives them a rival advantage in the market.
Please, Log in or Register to view URLs content!

2. Quality control​

Another reason why Chinese mobile phone brands would focus on Chinese parts is quality control. By using Chinese parts, Chinese mobile phone brands have better control over the quality of their products. They can work more closely with their supply chain to ensure that the parts meet their specs and standards. This is very vital in a market where users demand high – quality products. By controlling the quality of their products, Chinese mobile phone brands can build trust with their users and establish a strong brand reputation.

3. Supply chain ease​

It is far easier to deal with parts coming from within a nation than from different nations. They can respond quickly to changes in demand or supply issues. This is very vital in the mobile phone industry, where many new products are launched yearly and parts can become scarce due to market changes. By using Chinese parts, Chinese mobile phone brands can avoid the risks that come with long supply chains. It will also reduce their dependence on foreign suppliers.

4. Promotes Chinese Tech Market​

Every brand wants to grow its tech market because it will be of benefit to all. The use of Chinese parts by Chinese brands will further grow China’s tech industry. By using Chinese parts, Chinese mobile phone brands are contributing to the growth of China’s tech ecosystem. This is vital for the long – term growth of the country’s tech industry. The Chinese govt has also been supporting the growt of its domestic tech industry through various policies and initiatives. By using Chinese parts, Chinese mobile phone brands are aligning themselves with the govt’s vision and goals.

5. Strong market presence​

Focusing on Chinese parts helps Chinese mobile phone brands to differentiate themselves from their foreign competitors. By using Chinese parts, Chinese mobile phone brands can create products that have a unique identity and appeal to Chinese users. This is important in a market where foreign brands dominate and
Please, Log in or Register to view URLs content!
are becoming more discerning and demanding. By using Chinese parts, Chinese mobile phone brands can create products that are tailored to the needs and preferences of Chinese consumers.

Chinese chips

Final Words​

The possibility of an erratic behaviour of the U.S. towards Chinese brands is only a miniature part of the reasons why Chinese brands are set to go Chinese. In addition to cost and lower prices, it allows them to have better quality control over their products. This is important in a market where users demand high-quality products. It provides them with more flexibility in their supply chain, which is important in the fast-paced and competitive mobile phone industry.
This effect will be seen throughout the Chinese tech sector and beyond. The US' weaponization of their technology advantage has effectively made every single piece of technology that depends on the US a liability. This has basically caused everyone to think twice before sourcing anything that the US can control.
It has basically turned the US into a liability.
 

tphuang

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Will be interesting to see the April trade numbers, but it's a disaster elsewhere in East Asia, showcasing the decline in Western demand

For SK, it's losing competitiveness everywhere vs China
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Shipments to China continued to be weak and fell 26.5% as sales of petrochemicals, semi-conductors and wireless communication devices declined while exports to the US declined 4.4%
so basically China no longer needs to import petrochemicals. If the Koreans to play ball, China can always buy that elsewhere or produce it locally

Disaster for Vietnam also
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FairAndUnbiased

Brigadier
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Will be interesting to see the April trade numbers, but it's a disaster elsewhere in East Asia, showcasing the decline in Western demand

For SK, it's losing competitiveness everywhere vs China
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so basically China no longer needs to import petrochemicals. If the Koreans to play ball, China can always buy that elsewhere or produce it locally

Disaster for Vietnam also
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China never needed petrochemicals from South Korea. The reality is China imported many things from other countries to 1. Lighten the load on domestic resources 2. Circulation of USD 3. Buy cooperation.

Now the need for domestic resource development is increasing, USD is a liability, and cooperation seems like it's no longer a possibility. If South Korea is as great and independent as they think they are, they don't need China. Nobody is entitled to the fruits of Chinese labor except the Chinese people.
 
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