Hopefully local Chinese brands can take share from the Japanese brands.
German brands have 23% market share.
Japanese brands have 21% market share.
Korean brands have 9% market share.
Chinese brands have ~29% market share.
Chinese Economics Thread
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Hopefully local Chinese brands can take share from the Japanese brands.
German brands have 23% market share.
Japanese brands have 21% market share.
Korean brands have 9% market share.
Chinese brands have ~29% market share.
Equation
Lieutenant General
So what about the other 18% share of the Chinese market?
Vini_Vidi_Vici
Junior Member
American brands also have a big presence in China, especially GM and Ford.
Don't forget, the driver behind the auto boom is still pushed mainly by the rich, they buy a lot of above consumer level vehicles from Italy and UK.
Vini_Vidi_Vici
Junior Member
The problem with this is that not just Japanese brands are Japanese, majority of the supply chain of indigenous Chinese brands are also Japanese too. Most of their engines parts, transmission, ECU, paint, sensors, hydraulics, and etc, are all imported from Japan or supplied by Japanese companies with division in China.
It's impossible to block out the Japanese. Current Chinese auto industry was practically built by the Japanese and Germans, with majority of the contributions from the supply chain set up by the Japanese.
Equation
Lieutenant General
That's a lot of Bugatti's and Aston Martins you're talking about. Great cars by the way.
Trade Wars increasing. There will come a point when China will take "the gloves off" and everyone is going to suffer (China included).
Good work USA and Canada...not
Also every country in the world (except the USA) should then ban Google. CIA seed money started Google and their apps have "backdoors" which the US Intel can access at will.
The biggest Info thieves of data in the world is the US Intelligence services. Hell. they are building the biggest Data Center in the Utah desert
The biggest Info thieves of data in the world is the US Intelligence services. Hell. they are building the biggest Data Center in the Utah desert
I read an article on china daily about this.
They gave numbers for German, Japanese and Korean brands.
The Chinese brand numbers I remember a few months back from a different article.
These numbers are all automobiles.
For passenger cars, Chinese brands have market share around 40%.
I'm not sure about other brands like US, French, Italian, UK, etc.
This current Chinese leadership is too scared.
They do nothing while America and Europe puts tariffs on Chinese exports, bans Chinese investment, discriminates against Chinese companies.
What exactly has Chinese leaders done?
Just taken punches.
I'll tell you what, if china responds EXTREMELY hard to American discrimination by banning google and other companies on national security grounds, banning all American NGOs, banning American companies from government procurement projects, deport American media that spew garbage about china while reporting in china (like they did to al jazeera).....the Americans will think twice before they decide to 'get tough on china'.
Right now the Chinese are easy targets for Americans and they know Chinese leaders won't retaliate, so they keep jabbing china. China is now everyone's punching bag.
Chinese leaders should have got very tough early and nipped it in the bud and show the Americans that china will retaliate in no uncertain terms to any discrimination or protectionism from ANY foreign country.
Now even India and Brazil are starting to become protectionist as they follow America knowing Chinese leaders will do nothing.
Expect pretty much all Chinese industries to get discriminated against because of very weak leadership in china.
A company like google is a CIA tool used to spy on people. Facebook too. But Chinese leaders crumbled when google started to take on china. Chinese leaders should have banned them completely without exceptions.
Sorry but I blame all this on the Chinese leaders' timid attitude.