Chinese Economics Thread

56860

Senior Member
Registered Member
well, 'high tech'. I think only Japan out of those can be considered truly high tech due to how many Cold War era upstream techs they hold.

Germany doesn't have much in aerospace, leading edge semiconductor (only Infineon which is an analog/automotive supplier), semiconductor equipment, NEV, etc.

SK doesn't have much in upstream tech like heavy chemicals, gas turbine, machine tool, industrial robot, semiconductor equipment, etc. They buy their tools and chemicals from foreigners which is why Japanese sanctions on semiconductors were devastating until China stepped in.

All 3 don't have software which is growing to become one of the most important sectors in the world.
SK and Germany are the size of a single Chinese province. Expecting them to have coverage over all tech fields is unreasonable. They do very well for themselves dominating a few high tech industries. The point is that these countries derive their prosperity from high tech exports, so cutting that off will have devastating consequences.
 

CMP

Senior Member
Registered Member
SK and Germany are the size of a single Chinese province. Expecting them to have coverage over all tech fields is unreasonable. They do very well for themselves dominating a few high tech industries. The point is that these countries derive their prosperity from high tech exports, so cutting that off will have devastating consequences.
Good. Put an end to them, terminally.
 

KYli

Brigadier
Good development. China should complete a few more FTA with more Latin American nations to boost trade.
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German companies still want to invest in China desperate pressure from the German government to de-risk.
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Consumer inflation is weak as the demands haven't rebound as quickly as expected. However, low inflation is good for consumers and should make the recovery more sustainable.
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tphuang

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some people probably wonder why I post so much about green hydrogen on this thread.

Well, here is a good reason. The German greens now admit they can only supply 30% of their own green hydrogen needs, so need to import 70%. My guess is that they are probably optimistic here, since there just isn't that much free land or water nearby where Germany can install enough wind and solar power. Remember, they are completely eliminating nuclear, so the need for green hydrogen power plant may be even larger than they estimate. Remember, without natural gas, they will need to heat homes with hydrogen heating.

And if you look at rest of Europe, we have a lot of landlocked nations in there will no solid access to the more abundant offshore wind energy. So, if you are China or any other nation with land and water, you have a huge market that could potentially be dependent on you. In China's case, it can make money from not only selling green Hydrogen directly, but also all the wind, solar energy equipment as well as electrolyzers, installation equipment, maintenance equipment, provide financing and transportation. All this to countries that would like to sell hydrogen to Europe.
 

Minm

Junior Member
Registered Member
well, 'high tech'. I think only Japan out of those can be considered truly high tech due to how many Cold War era upstream techs they hold.

Germany doesn't have much in aerospace, leading edge semiconductor (only Infineon which is an analog/automotive supplier), semiconductor equipment, NEV, etc.

SK doesn't have much in upstream tech like heavy chemicals, gas turbine, machine tool, industrial robot, semiconductor equipment, etc. They buy their tools and chemicals from foreigners which is why Japanese sanctions on semiconductors were devastating until China stepped in.

All 3 don't have software which is growing to become one of the most important sectors in the world.
Germany is leading in industrial machines and robotics, essential components of the 4th industrial revolution. At least Germany was leading until they sold Kuka and China overtook them in global machine exports in 2020

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sndef888

Captain
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Germany is leading in industrial machines and robotics, essential components of the 4th industrial revolution. At least Germany was leading until they sold Kuka and China overtook them in global machine exports in 2020

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I'm curious, does Kuka have localised R&D/production in China or does it retain all that in Germany?
 
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